Why Nostr? What is Njump?
2024-08-13 17:18:24
in reply to

BitcoinStu on Nostr: I opened a leveraged long on Bitcoin in October of last year at just under $28,000. ...

I opened a leveraged long on Bitcoin in October of last year at just under $28,000. Not possible? Bullshit. Certainly a bad idea for most people, but leverage can be a powerful tool. it's like a chainsaw, you can build a house with it, or cut off your legs.

If you use higher timeframes, low leverage, and proper risk management, it's absolutely possible to increase your bitcoin stack.

Even Saylor does it. His use of bonds is a form of leverage to hold a long position larger than he can afford to hold in spot only.
Author Public Key
npub1uavkq2z6vqczd772ple0p0k44ncjcxv5lg4sq6r069aagvra47uq2dx9cn