Subnostr

nobody 1y ago

To be clear. When a hedge fund states they are long BTC & short MSTR; they are 100% talking about playing with leverage & a specific timeframe (locking up funds etc).

Their own client funds.

Leveraged long on one side & short on the other.

What client would agree to this fucking strategy? Am I missing something. I don’t trade so probably missing something.

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Discussion

BitcoinSandy 1y ago

That’s why it goes tits up so often

nobody 1y ago

Regarded.

plebiANON 1y ago

You are missing nothing. Any sane person that has money with these people should be demanding withdrawal ASAP.

𝖋𝖎𝖆𝖙𝖉𝖊𝖓𝖎𝖊𝖗 (¯`◕‿◕´¯) 1y ago

They are directionally neutral, just shorting to capture the MSTR premium. Doesn’t matter if Bitcoin rips or dumps

nobody 1y ago

Right. Makes sense until it doesn’t.

nobody 1y ago

Don’t run naked.

Especially with scissors. ✂️