How can I stay updated on changes that might affect Bitcoin mining?
You should regularly follow news sources related to blockchain technology, stay informed about regulatory developments, monitor energy prices, and keep an eye on Bitcoin’s market trends. Participating in online forums and communities dedicated to cryptocurrency can also provide valuable insights from other experienced miners.
Account $10,000, risk 1% → $100 risk per trade. Entry $50, stop $48 → $2 risk/share → 50 shares. Target $54 (2R). If stopped, −$100; if target hits, +$200 (before costs).
Use an amount you can afford to lose while learning a repeatable process.
Decide a fixed risk % per trade, then divide by the price distance to your stop.
Match your timeframe: DAIly/weekly for swing; weekly/monthly for long-term.
Thesis, entry/exit, risk (R), emotions, result, next improvement.