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Ledger

Prometheus of the Plebs

@ledgerstatus

Mar 13, 2020

BULL 3x bitcoin aka .5 bitcoin token. Gg.

Replying to

They rebalance at 00:02:00 UTC; they match daily performance from then (or their last intraday rebalance). After that they do well in momentum and poorly in mean reversion. E.g. right now BULL are up more than BEAR are down in last 24h:

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and

help.ftx.com/hc/en-us/artic for details

help.ftx.com

Leveraged Token Walkthrough [READ THIS]

Disclaimers None of this is investment advice. Much of the below analysis ignores any difference between futures and spot prices, and ignores the effects of fees. It also ignores slippage incurre...

3:04 AM · Mar 14, 2020Twitter Web App

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and

What happens when they go to zero though. Look at EOSBULL - went to $1.50. Doesn’t inspire much confidence. I suppose everyone will see shortly as millions lose their #EOSBULL tokens and money as it hits zero. Algorithm isn’t configured correctly it appears. Exciting to watch

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Perfect case in point right now.EOS/BTC unchanged at around 3780 sats,EOS/USDT was at $2.03 with #EOSBULL at $4.60 yesterday,now EOS down to $1.95 with BTC dropping to $5100. EOSBULL drops to $3.60 LMAO.Flawed product & algorithm.Avoid these ftx tokens-this one is going to zero.