九歌 jiuge_eth

The exchange rate of $ETH has reached a new low. It has been at 0.6 some time ago.
The attachment vibrated, and I felt that the exchange rate was about to reach the bottom. I wanted to try long $ETH and short $BTC , but all positions were in dual-currency financial management, so I didn't move. Now that I think about it, I avoided the stop loss. Of course, I did ETH dual-currency financial management some time ago. If I calculate it based on the pie currency standard, I still lost money. It is really difficult to make transactions, especially when the position is full. When the position is full, I am reluctant to sell a coin or withdraw cash.

At present, all positions are used for dual-currency financial management. Let’s briefly analyze the advantages and disadvantages:
1. If BTC/ETH dual-currency financial management (BTC sells high or ETH buys low) is done well, the annualized rate will be at least 6%, which is higher than the annualized rate of BETH. It is more certain than doing the BTC/ETH world grid.

2. If BTC has fallen sharply recently, but you feel that it has not yet reached the bottom, you can choose to buy BTC at a low price within 7 days, with an annualized rate of more than 50. It is good whether it is used as financial management or bargain hunting.

3. If BTC has fallen sharply recently and you want to reduce your position, you can choose to sell BTC at a high price, and the annualized return will not be low.

4. If you choose dual-currency financial management, you will lose liquidity in the short term, but the overall security is stronger than DEFI and there is no RUG risk.

5. If the market fluctuates violently, it is easy to buy the bottom at high prices or sell at low prices to miss the rise. You should consider this when choosing dual-currency financial management. #双币理财

I really don’t understand Pancake swap v3 because I don’t understand how to use it, and the rate of return displayed above is meaningless because it is not the actual rate of return. The $cake that has been pledged for one year is no longer worth much. I plan to take it out and exchange it for some Arb, so I give up Pancake for the time being.