SOL PERP Clarification (Patreon)
Published:
2024-07-26 23:49:40
Imported:
2026-06
Content
Hey team,
I had a question come in about my strategy, so I wanted to clarify. I use Solana as my base currency. When I'm feeling extra bullish at bottoms, I use PERPS for part of my position, but I always keep my equity in Solana. When I exit the leveraged position, it goes back to Solana.
Just to be clear, I don't take Solana off the table; I use leverage to amplify returns.
Once I exit PERP, the returns are still there, but they're no longer amplified—it's just back to spot Solana.
PS SOL is super strong these days - I may try a little hedge over the next 24 hrs if we get another pump.