Oh yeah I think I remember you saying you actively trade... Straddle is made for you. I'd say volatility is easier to bet on than market rationality.

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I think what I’ve been doing is basically a straddle but without the options and the premiums (sorta). It started as a test because I was bored during covid, it’s still valid and running. Call it a “poor man’s straddle”.

It makes 2 big assumptions: btc is not going to zero and there be volatility.

Are you taking profits in USD or btc?

Haha, is that a trick question? Not fiat.

But if you’re the government you’d look at the transactions and do the accounting in fiat and tax me on the cap gains 🙂

Just making sure