"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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