$GHST $BTC
A few people following my updates got confused about my position at ~94.5k — am I long or short?! The answer is both.
I opened:
• A long position on Coinbase
• A short position on Binance
Both at very low leverage (only 3×), so liquidation isn’t a real concern whether price drops to 92k first or pumps to 98k first.
The strategy is simple volatility harvesting on both sides:
• If price drops → hits 92k first: I close the short → take profit on the short side. My long shows a paper loss, but I don’t close it — I just hold and wait for the rebound.
• If price rises → hits 98k first: I close the long → take profit on the long side. The short shows a paper loss, but again, I don’t close it — I wait.
Since I know (from watching liquidity pools / order book walls) that price will very likely touch both 92k and 98k at some point, the only thing that matters is not getting liquidated in the meantime. Whichever level it hits first, I bank profit on that side and patiently wait for the other side to hit my target.
Right now:
• Price touched 92k → I already closed the short and locked in that profit.
• My long (opened ~94.5k) is still open and sitting on a paper loss, but I’m not realizing it. I’ll just hold until it reaches 98k, close there, and take the gain on that side too.
Because I’m only using 3× leverage (not 10×, 20×, or 50×), I don’t get shaken out on normal wicks or noise. The moves are slower and smaller in dollar terms, but the profits are realized and low-risk — a few hundred dollars here and there adds up without gambling my account on high-leverage moon-or-rekt plays.
Hope this version makes it crystal clear!
