The Thief’s Almanac

we gucci now i think

the next leg will contain landmines, so if you don't know what you're doing, don't use too excessive of a leverage

saw a very good post on X regarding leverage, and i totally agree. in short, leverage is often villainised bcos you only see blowups on high leverage, but you don't see the graveyard of spot bagholders.

but, if this is your first rodeo, don't use a big one (& use common sense)

@Husslin_ curious to here more thoughts here would love to learn

@izebel_eth Leverage is risky I don’t disagree, but it’s a powerful tool
For that reason ppl in theory should be more careful — accurate entries, likelier exits, etc
Spot on the other hand gives the false illusion of comfort

“Buy wherever you can’t get liquidated!”
“Underwater? Just hold!”

huss 🌊 🟦

saw a very good post on X regarding leverage, and i totally agree. in short, leverage is often villainised bcos you only see blowups on high leverage, but you don't see the graveyard of spot bagholders.

but, if this is your first rodeo, don't use a big one (& use common sense)

https://x.com/Husslin_/status/1842011445409530045

Frankly there’s enough volatility in crypto to never use leverage. People’s positions sizes and patience are both low, however. Hence…