Dual Currency Earnings Record Day 6 ✅ Account Balance
Today, 9 low buys were all safely recovered, 0/9 exercised, with a total interest of 54.15u.
In the afternoon, everything was calm during the settlement, but after the Fed's decision came out in the evening, BTC dropped by 4 points, and ETH directly fell by 6 points.
If my low buys were settled tomorrow instead of today, I would likely have been forced to exercise.
To be honest, when I saw the market crash, I felt a bit scared. Among my 9 transactions today, several had exercise prices set at 71000 and 71500, which are now very close to the current price. Just a day difference could have resulted in a completely different outcome.
This is the reality of dual currency — the same strategy, the same exercise price, but being a day earlier or later on the settlement date makes the difference between earning interest and being forced to take delivery.
After this wave of drops tonight, tomorrow's low buy exercise prices will need to be adjusted downwards. How do you generally adjust your strategy after encountering a major drop? Continue to hang on or wait and see first? 👇