Disclaimer:Disclaimer:

Don’t be a degen and waste sats like me.Don’t be a degen and waste sats like me.

BUT!!

If you have an appetite for risk and want to grow your stack you can trade on LN Markets.

I do this for the reasons below.

1. The LN Markets team has built a tremendous trading platform only using lightning. I want to support the platform and use lightning every day (why I am addicted to SN)
2. As the price rises you can stack moar sats with the sat stash you have. Plus you know your sat stack is increasing with every price pump. So not only are you feeling richer in fiat terms but also in sat terms
3. As the price falls you can catch a falling knife and play the “when is the bottom in”
4. I am not risk adverse. I trade on sats I can afford to lose. I zapped and spent way more sats on SN than I have traded on LN markets
5. It takes the edge off on FOMO.

The Strategy:The Strategy:

It’s quite simple I enter a trade every day. With the following parameters

1. I do a modest position size.

• If I feel bearish I do $15
• If I feel bullish I do $150 to $200

2. Then I set it to 10x leverage
3. Then I set the take profits at 25% and the stop loss at 8%
4. I market buy

I let the trades run for as long as possible. Once the price moves up I move the stop losses up accordingly to preserve capital.

If we get a massive pump before my take profits get triggered I let the trade just run

I never do puts or shorts! I AM FORVER LONG PERMABULL

Progres to dateProgres to date

I only got 22 running trades. I had a lot more open but when the bitcoin price dips my stop losses hit.

My longest run trade goes back to 2024:My longest run trade goes back to 2024:

Summary of all my running tradesSummary of all my running trades

My overall performance on LN marketsMy overall performance on LN markets

Exit Strategy:Exit Strategy:

Not sure if I have one. I was thinking of doing this until bitcoin hits $1M per coin in fiat but I’m not sure if that is prudent. I could get rugged and LN markets can go down at any second but I am comfortable with that risk. I have fun doing this and it takes the edge off of FOMOing in

Thanks to @Aardvark for sharing his option wheel strategy. I been doing this for quite sometime vark inspired me to share!