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Oh, be damn careful with Binance leveraged coins. I lost a few thousand from buying AAVEUP in the flash crash in May - there are volatility periods where the leverage goes wrong (15x instead of 3x) and loses a lot of Net Asset Value. FTX doesn't have this issue. Don't trust Binance.
I have been for a while. I bought ada at 20c 4th Jan. Cash out 2x of my initial investment when ada was 1.80, staking and hodling rest. I have been taking profits from volatile coins like OGN and LTO I basically swing trade them also have been heavily using AAVEUP and DOWN both are correlated with ETH movement largely. I use profits taken from swing trade to increase my ADA.
Me , i generally buy AAVEUP or DOWN tho. I think it is gonna have a good pump due to eth upgrade
Thank you AAVEUP you served me very well
I have AAVEDOWN for now, will be going in in AAVE and AAVEUP soon
I have been addicted to AAVEUP and DOWN for a while. Buy UP when btc around lower 30s, cash out around 34-35 and switched to DOWN. Have been pretty great for last month
> AAVEUP and AAVEDOWN p AAVEUP - allows you to generate leveraged gains when AAVE increases in price. AAVEDOWN - allows you to generate leveraged gains when AAVE decreases in price.
Can anybody eli5 AAVEUP and AAVEDOWN please?
Lol alts decoupling? Nah they wont. I have been hearing this big words for months. If btc dives down now, all the gains from defi will be wiped in blink an eye. I have Comp and AAVEUP for a week but closely watching btc. Decoupling is not happening this year
I dont have AAVE but have AAVEUP:)
Nice write up. I have been using AAVEUP and 1INCHUP for a month. Pretty decent returns especially you buy at lower 30s. Have been working good so far
No I meant that did u buy something like AAVEUP or something
I had a few AAVEUP on binance that lost more than 80% even though when i bough this aaveup , aave was at 309€ now it is still 377€ but i still loose a lot can sombedoy explain me why ? Please