FTX:BEARUSD   3X Short Bitcoin Token / USD
trading 3x leveraged tokens is a losing game, unless it goes up, if it goes down like 50-90% in a day, your basicaly screwed.

anyways i am all in at 11$ and now beyond caring...i am jsut here to come back in 4-8 weeks


Also the RSI looks shit, the asset is oversold or overbought constantly changing...whales are moving the price up and down. I'm gonna get out this trade in the next few days and forget BEAR and BULL assets forever.
my only problem is with this asset is that the longer you're holding on to it, the lower your chance is to gain...think about it: on 12th of March, it started around 28 dollars and went up to 97 dollars in about 2 days. Thats 350% performance. Now if we go as low to 4 dollars, 350% would be 14 dollars. But it's not gonna go 350% because a global pandemic panic sell resulted in that. It's gonna go 200% at max (if bitcoin falls back again to 3800ish). The longer is the slow uptrend period and the shorter is the quick falls, BEAR will slowly decrease to shit and the chance is slimmer every day that it will go up.
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