sys on Nostr: DLC is surely a nice tech. But not a fan on giving up on Bitcoin upside for 4.5% apy ...
DLC is surely a nice tech. But not a fan on giving up on Bitcoin upside for 4.5% apy when most of the gains in Bitcoin are made just in a few days in a year. The idea that you can sit out an uptrend or run-up by using TA to then pause the covered call strategy is magical thinking, will not work.
I rather would just get a zero loan on sovryn with very safe LTV and buy btc. Much less risk.
Published at
2023-03-01 20:14:43Event JSON
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"content": "DLC is surely a nice tech. But not a fan on giving up on Bitcoin upside for 4.5% apy when most of the gains in Bitcoin are made just in a few days in a year. The idea that you can sit out an uptrend or run-up by using TA to then pause the covered call strategy is magical thinking, will not work. \n\nI rather would just get a zero loan on sovryn with very safe LTV and buy btc. Much less risk.",
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