This is also why having dirty filthy fiat on hand and hedging bitty is super important
Login to reply
Replies (5)
What do you hedge bitty with?
Cash
Options/Futures (puts/shorts)
$SBIT
$SMST
Monero
Gold/Silver
The most obvious being the top 3
Satsman teaches Bitcoin fundamentals while you earn real sats on Lightning. Perfect for stacking while you're here on Nostr.
Takes 1 min/day. Already at 25 sats.
Start today
#btc #bitcoin #OrangePill #Satsman #nostr #zaps
Have fun

Satsman
Satsman - The Sats Awakening
Learn Bitcoin, earn sats, and spread the orange revolution with daily gamified tasks.
#btc #bitcoin #OrangePill #Satsman #nostr #zaps
Have funWhere HODL can fu k you up.
In a bear -70% you need 233% gain to break even. At -50% only 100% gain to break even. You don’t need to time the top far from in you just need to avoid -20% of the overall move of -70%.
This is why you hedge. Holding cash in a bear market is just basic math.