With all the euphoria the last few days, I'm a little worried that Monday could be a sell the news event.
Here's a nice strategy you could do if you are a little worried as well but still want upside.
Take $20K of BTC and stable it up. I'll probably put $10K into
@HermeticaFi $USDH & $10K into USDC. I'm effectively locking in the $105K price.
But, what if it goes to $120K?!
Well, you can go on
@pvp_dot_trade for instance & do a 20X long with $1000. I'd prolly do a 40X with $500 and then add in $500 more of margin if need be to lower liq point.
If BTC absolutely tanks on Monday because Trump doesn't sign an EO about a reserve, then I'm at a lot less risk because I stabled up some BTC & I'm only going to be out the amount I risked in the leverage long trade. If he does sign it and BTC rallies even more, I still have the exposure of the lev long to capture that upside move.
I know many people think very simply in terms of price go up, price go down, either buy something or sell it, but there's so many more ways to build a strategy around price movement if you're willing to use multiple products to create an effective trade.
I did a similar move with
$TRUMP where I sold some of my spot, but then 10X longed it and I still got to capture upside exposure.