Taiki Maeda reveals why he primarily uses perps to short bad assets:
"I think the use case of perps in crypto is mostly on the short side because most coins have positive funding, meaning you get paid to short."
"A lot of these coins are designed to go down through inflation unlocks and weak value capture. That's why I mostly use perps to short bad assets."
Taiki Maeda reveals why he primarily uses perps to short bad assets:
"I think the use case of perps in crypto is mostly on the short side because most coins have positive funding, meaning you get paid to short."
"A lot of these coins are designed to go down through inflation unlocks and weak value capture. That's why I mostly use perps to short bad assets."
TaikiMaeda2 reveals when to use spot, perps, or both to express a trade idea:
"I think it's about getting to your target position sizing. In March I got really bullish on BTC and wanted more than 100% exposure, so I longed both spot and perps."
"Longing perps is usually a losing endeavor because you're paying funding, slippage, and other costs. People should mainly use them to reach a target allocation."
"Most people use perps to gamble, but I think they're better used for hedging."