I have become incredibly pessimistic of crypto's price action over the past 2 years and now feel like spot tokens have created a dangerous mindset to baghold. As a result, i pretty much only use perps to trade the markets.
I don't use a lot of leverage respective to beta and my portfolio margin, but i find it allows me to avoid long and large drawdowns like post 10/10.
Curious how many of you are token believers, vs pure traders? Nothing wrong with either btw!!
Do you still hold spot tokens or just use futures?
byu/NalgeneBottles inCryptoMarkets
Posted by NalgeneBottles
2 Comments
Only Futures. The trick is not to be too greedy on the leverage.
I’m far too experienced to believe in any token/coin.
100% DCA on Spot, and quite sure in 8 years, my unrealized gains are higher than 80% of Future traders.