Going long Bitcoin here is fine. As long as you pair it with DAT shorts. Cause if the crypto mark...
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Consider a long position in Bitcoin while simultaneously shorting "DAT" tokens. The author believes "DAT" tokens are likely to go to zero in a market crash or significantly underperform Bitcoin even if the market doesn't crash, due to fundamental issues. This strategy aims to profit from Bitcoin's potential upside while hedging against or profiting from the decline of "DAT" tokens.
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About Beanie
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By beaniemaxi
Crypto native since the early days. Went all in on DeFi summer. Then tripled down on NFTs. VC @gmcapital_. No paid promos. Not financial advice. I talk my book.