Futures are usually associated with risks. But there is a strategy where they, on the contrary, preserve your money. We have applied it more than once — and will continue to do so.
Examples from practice:
— held $DOT under auction
— $ETH — under sale
— $BTC — before the fork
And all this time — we were insured through a short on Binance Futures.
How does it work?
Suppose you want to receive an airdrop or participate in a sale, and for this, you need to temporarily buy the token
The risks are obvious: the token may drop, and the profit will disappear
The solution is to open a short position on the same amount.
Example:
— You need 10 $BNB for a day to receive an airdrop of $50
— We buy 10 $BNB
— We open a short on 10 $BNB (or on 1 $BNB with leverage x10)
— If the price falls — the short will recover the loss
— If it grows — we earn on the spot, lose on the short
— In any case, we break even, and we get the bonuses
This is the perfect hedge.
Works steadily, reduces risks, and leaves only profit.
Futures are not just about 'playing', but also about protecting.
Interesting?