NodlAndHodl on Nostr: Had this discussion with someone trying to explain to me how leveraged trading works. ...
Had this discussion with someone trying to explain to me how leveraged trading works. I asked them how it worked out at the bottom of the bear market. I basically pointed out that if the trade is for more fiat, they'll lose out in the long run. The best asymetric bet is to just buy and hold Bitcoin as everything else is trending to zero against it. It's a long play that requires more fortitude than most want to convict themselves to. If you understand this, you're ok buying the top, just as you are with buying the bottom. But yes, waiting for the phone calls to know when the top is in. 😂
Published at
2024-04-01 17:57:02Event JSON
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