$btc daily timeframe shorts
We have been holding for 1.5 days now.
Funding is paying us 0.01% every 8 hours on average, so that's 0.03% per day.
If you went 1x leverage, that means your entry improves on average 0.03% per day, or let's say this trade takes 30 days to complete, then our entry will have gone from 86k -> 86.8k cost basis wise. Whilst every 30 days, high timeframe longs their average cost basis shifts up about 1% every 30 days.
Not something often discussed. But high timeframe (macro) longing is less optimal than high timeframe shorting for that reason.
I keep holding high timeframe shorts, and it makes it even more pleasurable to do so.
Yesterday was truly a rollercoaster! More in this soon..
For now - @Bhish303 heads over to Antisocial, Mumbai with the Japanese wizard Gonno tomorrow night!
Check out his full @boilerroomtv set b2b with Chhabb below.
Tickets in bio
https://t.co/vl9H6dxuxn
Recently we had the opportunity to collaborate with @boilerroomtv to curate one of their shows which included our residents and a bunch of international acts.
Below is a set by one of our residents which just crossed 600k plays!
Send it to a milli!
https://t.co/ZRJwFeUc8b
$303 #room303 #regenerate303