Post
Topic
Board Trading Discussion
Re: switching to fiat money vs shorting Btc as a consistent hedging strategy
by
redwine49
on 22/04/2021, 18:21:25 UTC
do you agree on my calcs?

Hard to say because its not in eanglish Smiley

what's your take on that?

do you agree on my calcs?

Leave bitmex, switch to binance, convert your BTC into USD and continue to trade on binance. Headging requires constant monitoring and kills your liquidity (part of your money is fighting with other part of your money). So you need to hold twice as much money on exchange (not your keys not your money). Or overleveraged your position what exposes you flash crashes.

I've been here for a couple of years and yet still I'm confused to this figure what you are illustrating it now.
But I do understand only is switching to fiat money going to Bitcoin then buy some altcoins and make some
day trade or scalping something like that. But I really want to understand this how you calculate those things.

"aurum argentum orationem silentium" Especially if all you have to say is "I don't know"


i rather like this opinion. i switch bitmex to binance in 2019.
All because it's will be complicated to short our initial bitcoin balance rather than switching to fiat.
some people here doesn't understand how to calculate if where are gonna take short position with crypto Grin Grin Grin