This morning, that bearish candlestick on Bitcoin slammed straight down to $86,000, and a lot of people panicked.

But I was prepared—yesterday, when I saw the probability of a BOJ rate hike soar to 76%, I knew global carry trades were about to run into trouble. At times like this, cash is more important than any position.

# How I Operated

**Step 1: Closed All Positions to Keep Ammo Ready**

Last night, I withdrew all my principal, leaving only $500 in a watch position. Someone asked me, "What if the price goes up?" My answer is simple: surviving is more important than catching every single wave.

**Step 2: Pre-set Three Entry Points**

After BTC dropped to $86,000, I placed spot buy orders at three levels:
- $85,000 / $100
- $84,000 / $100
- $83,000 / $100

All spot, no leverage.

**How Did It Turn Out?**

The $85,000 order was filled. When it rebounded to $88,000 during the day, I sold half at $87,500, and set a +3% trailing stop on the rest.

$500 turned into $670, a 34% return in one day.

Those who used leverage are still figuring out how to break even.

# Key Takeaways from This Trade

After Japan’s last rate hike, BTC hit a new high within three months. A rate hike isn’t the end of the world—it’s more like a market discount opportunity.

The key is to have cash, dare to place limit orders, and know how to take profit. When panic hits, those who are prepared are the ones picking up money.

# Three Practical Lessons

1. **Rate hikes = discount season**—holding cash feels safest
2. **Place limit orders and wait for the fish to bite**—don’t chase green candles or panic sell
3. **Take half your profits first**—you only earn what’s in your pocket

There are opportunities every day, but lose your principal and it’s game over.

A big drop is never a threat—it’s payday for those who are ready.