Trading Bitcoin in Canada

If I trade it will be trying to catch a long term trend. I'm not planning on day trading although I'll have a tight stop on my initial trade.

Is that practicable with the volatility (noise) of BTC?
 
Is that practicable with the volatility (noise) of BTC?
To my way of thinking it's neccessary. Start with a small position and a tight stop and add to the trade as it progresses.
By tight stop I mean that the initial risk will be small. It could be a 2 ATR stop.
 
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