Huoxing Finance reports that on August 2, renowned trader Doctor Profit stated he will continue to gradually buy Bitcoin according to his original plan, allocating 5% of his designated funds each time the price is between $54,000 and $64,000. Currently, 35% of his cash allocated for Bitcoin purchases has been deployed. He will continue accumulating during periods of extreme market fear and maintain patience.
Prominent trader allocates 35% of BTC buy plan in the $54K–$64K range
MarsBitShare
Summary
A top trader known as Doctor Profit has deployed 35% of his Bitcoin buy plan in the $54,000–$64,000 range, adhering to a strategy of purchasing BTC in tranches. He allocates 5% of his planned capital per purchase, focusing on value investing in crypto. This approach reflects a strong risk-to-reward ratio, as the trader continues to build his position amid price fluctuations.
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