I am considering of buying perpetual BTC contract on Binance with 2X leverage and hodl for long run(5-10 years).I hope to deploy this at the time when btc checks a 100okay suppprt again. I'm not sure how huge a piece of my profit will the funding payment eat into. And in addition i need to know of any risks that i is perhaps missing right here. Has anybody achieved one thing comparable, what was your experience like.
I'm considering of buying perpetual BTC contract on Binance with 2X leverage and hodl for long run(5-10 years).I hope to deploy this on the time when btc checks a 100okay suppprt again. I am not sure how huge a piece of my profit will the funding payment eat into. And in addition i need to know of any dangers that i is perhaps missing here. Has anyone finished something comparable, what was your experience like.
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