Monteluna pfp
Monteluna
@monteluna
I am once again begging people to please use options and concentrated liquidity positions. You shouldn't need to sell, because you should never hold spot. It's idle capital and the root of all evil. https://www.youtube.com/watch?v=pjdhisKoljU
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MTH pfp
MTH
@mthch
I need to watch this later. So that’s what i should do with my ETH?
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Monteluna pfp
Monteluna
@monteluna
I can't really tell people what to do with their stuff but... When I'm defensive I sell all that I have then buy an otm call option for a few months out for the amount that I sold. Its basically a virtual position with a built in stop loss. Then take the cash and LP or lend. I actually think right now everyone's a little too comfortable thinking everything is OK and there's no chance of a crash at all. It pays to purchase a little bit of insurance.
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