A lot of CT will talk about a 5X or a 10X but really what kind of size are they able to get? Liquidity is super important when you grow your stack to 7-8 figures. I'd rather get a 2X on 7 figure size than a 10X on a 10K bet every day of the week. Wouldn't you? As you grow your account the game changes. Everything might have gone up multiples in the last week but we're they liquid enough to offer size? This is why some traders only trade coins on cex simply due to the liquidity that the trenches usually lacks. The same mechanics that make an on chain meme run hard af in days (low liquidity) makes it hard to size in properly and exit properly. Few coins have offered a 2X+ on size lately, one in particular for me has been $INIT. We were able to size in multi millions and print a liquid 2X plus 200% APR yield in less than 2 weeks. This one trade has more than made up for 3 months of getting punished longing BERA and BERA LSTs. Jobs not finished.
Show original
11.76K
54
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.