0xSkywalkerL 🎩
@0xskywalkerl
Understanding the differences between managing personal finances and company finances is crucial. We made the snap call to swap ~$500k worth of USDC in company funds to USDT when the peg broke. We lost ~6%. Meanwhile on my personal account I went 10x long USDC/USDT perps on Bybit. Made a ~53% gain on the rebound.
1 reply
0 recast
0 reaction
0xSkywalkerL 🎩
@0xskywalkerl
We could either lock in the 6% loss or hold and wait for the repeg. Even knowing what I knew after I had made money with my personal account it was still the right call to swap all of our funds to USDT.
0 reply
0 recast
0 reaction