Borrow BTC and wait for a long on BNBBTC
Let USDT as funds in margin account.
Borrow BTC from Kucoin and slowly open a position on BNBBTC. When finally BTC goes up, sell and return the borrowed BTC.
Calculation
Enter 0.0061
Target 0.0095
SL 0.0051
The eventual target is 60% or 11% loss.
Risks
- If BTC goes low before entering the position, you lose nothing(because the BTC is still intact)
- If BTC goes high before entering the position, that would probably help you entering into the position. But it also puts pressure on the original fund.
- If BNB doesn’t go up enough after entering the position, then it’s a loss of opportunity.
- If BNB never reaches the buying point, then you'll not have any profit or loss from anything. That would have opportunity loss
Borrow BTC from Kucoin and slowly open a position on BNBBTC. When finally BTC goes up, sell and return the borrowed BTC.
Calculation
Enter 0.0061
Target 0.0095
SL 0.0051
The eventual target is 60% or 11% loss.
Risks
- If BTC goes low before entering the position, you lose nothing(because the BTC is still intact)
- If BTC goes high before entering the position, that would probably help you entering into the position. But it also puts pressure on the original fund.
- If BNB doesn’t go up enough after entering the position, then it’s a loss of opportunity.
- If BNB never reaches the buying point, then you'll not have any profit or loss from anything. That would have opportunity loss
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.