Last time I've been using only super long Bid Ask ranges -87.5% for Fresh Memes on @MeteoraAG
Why?
✅ Biggest advantage: It protects you from massive dumps
Example:
> You LP a token at a $3M market cap
> A -87.5% range keeps your liquidity active all the way down to ~$375K
> If the token never gives you a chance to exit in profit within that range...it was probably a rug.
> No LP strategy can fully protect you from rugs
❌ Biggest downside: Capital efficiency
Example:
> Token dumps 50% and then fully recovers
> Most of your liquidity sits near the bottom
> You'll earn fewer fees than with a tighter range
That's the trade-off: more safety, lower efficiency
My rules:
• Never combine Spot Strategy with a super long range - Use Bid Ask only
• Don't panic when your LP shows a big unrealized loss
• If you chose a long range, commit to it until the range is invalidated
• Have predefined exits
Mine are:
-> +15% take profit
-> -30% stop loss
• Don't use the same setup for every token
• I prefer quote fees in SOL whenever possible
Psychology matters
I've noticed something about myself:
🟢 After a winning streak, I become more aggressive and start opening tighter ranges to maximize fees
🔴 After getting rugged, I immediately become much more conservative
Finding the balance between capital protection and capital efficiency is probably the hardest part of LPing
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