How does this specific strategy *blow-up* like FTX shitcoin trading? Missing out on bitcoin appreciation is one thing … but bitcoin / cash to avoid the liquidated long positions doesn’t seem like a terrible strategy if an entity had the tools and calculations to do it. The market eventually will build these tools which *should* smooth the volatility of bitcoin (without dampening bitcoin’s overall success and limiting the profitability of these strategies overall).
Not advocating for the common person or common business staying humble and stacking sats but if you have the tools, the exchange, etc. like swan does I do see how this could work.
Am I wrong? Would appreciate a legit conversation here…not just the typical maxi response (I consider myself a maxi and don’t trade … I just use swan and have recommended swan for years).
8r0ck3feller / 8R0ck3feller
npub1h4…a2jcm
2024-01-04 15:16:44
in reply to nevent1q…mkmh
Author Public Key
npub1h4lrzqnrne72xj00yl3zzr0k6qn93cqe5g4vvkfechs6mn89mwyqfa2jcmPublished at
2024-01-04 15:16:44Event JSON
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"content": "How does this specific strategy *blow-up* like FTX shitcoin trading? Missing out on bitcoin appreciation is one thing … but bitcoin / cash to avoid the liquidated long positions doesn’t seem like a terrible strategy if an entity had the tools and calculations to do it. The market eventually will build these tools which *should* smooth the volatility of bitcoin (without dampening bitcoin’s overall success and limiting the profitability of these strategies overall). \n\nNot advocating for the common person or common business staying humble and stacking sats but if you have the tools, the exchange, etc. like swan does I do see how this could work. \n\nAm I wrong? Would appreciate a legit conversation here…not just the typical maxi response (I consider myself a maxi and don’t trade … I just use swan and have recommended swan for years).",
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