Tuesday, October 17, 2023

"Is ETH going up?"

"Is $ETH going up?"

Here's a question I don't care about, ... nor should you.

I place a 10xLONG on 0.5 $ETH on @Levana_protocol, expecting it'll go up.



Here's the thing: I already have a 10xSHORT on 0.5 $ETH, ... in case it goes down, hedging the LONG.

So:

  • if $ETH goes up, I make money, closing the long.

but:

  • if $ETH goes down, I make money, closing the short.

... "Is $ETH going up?"

I don't care. Either way: I make money.

Set up your trades this way, fam, to put a Big W on the boards, either way.

love, geophf

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