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 on the time when btc exams a 100okay suppprt again. I am not sure how huge a piece of my revenue will the funding payment eat into. And in addition i need to know of any dangers that i is perhaps lacking here. Has anyone completed one thing comparable, what was your experience like.
I am considering of shopping for perpetual BTC contract on Binance with 2X leverage and hodl for long term(5-10 years).I hope to deploy this at the time when btc checks a 100okay suppprt again. I am not sure how massive a piece of my revenue will the funding charge eat into. And in addition i need to know of any risks that i may be lacking here. Has anybody carried out something comparable, what was your expertise like.
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