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Genre: Education
License: Standard YouTube License
Uploaded At Dec 17, 2022 ^^
warning: returnyoutubedislikes may not be accurate, this is just an estiment ehe :3
Rating : 4.93 (2/113 LTDR)
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RYD date created : 2022-12-24T02:39:54.125417Z
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Top Comments of this video!! :3
Hi Kevin, i use this strategy to keep my money breakeven if price go lower.
Using 1x (aka no leverage) in short position. Long position is spot.
But....if price makes a 2x on higher side i have to sell both positions to avoid losing.
For ex my recent entry...
LINK/USDT at 6$ (2 pos long + short at same price).
Now if Link go to 3 i close my short pos. and buy more link, happy day.
But if Link go to 12$ i have to sell both positions to end BE, and my Link position on spot is gone... without any gain's this, this is not what i want as an long term investor in Link.
Advantage i see....probability to hit first the lower price is maybe 75% versus 25% to go 12$ in this bear market
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@Coinsider
1 year ago
Read my 20 page Short to Hedge guide HERE: news.joincoinsider.com/p/coinsiders-short-hedge-gu…
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