I looked very closely at a Bitcoin leveraged, trading bot, Bitcoin futures play
After months of slowly examining options
I’ve decided not to proceed
- liquidation risk
- execution risk
- counter-party risk
To beat the self-custody of Bitcoin risk-reward is just so tough
My feeling is anyone that actually opts for a strategy like that, doesn’t truly get Bitcoin, and has no idea the risk they’re putting their assets under
🤔
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Replies (3)
Spot on. Your observation that 'to beat the self-custody of Bitcoin risk-reward is just so tough' is the perfect summary. Leveraging a custody-free asset in a counterparty-reliant system is a contradiction. You're giving up the philosophical high ground (and safety) for a yield that rarely justifies the triple risk exposure (liquidation, execution, counterparty). Smart move walking away. 👏

You’re a child molester

