I've been able to earn some nice profit with 20X leverage on Bitcoin futures these days.
2.5 X is not that attractive compare to that .
How long can you hold a position in Polonix ?
You can hold a position at polo as long as you are willing to pay interest and as long as you dont get margin called.
Sure, if you go 20x and are correct youll make more money. But the room for error is so small. I prefer to have a very large room for error so I dont even use 2.5x.
Re: my earlier short, the wall was indeed unreliable and went away. Shouldnt have shorted so low in the range. It seems we are stuck in a range around .006, so you can expect prices to probably return to .006 at some point, meaning its good to buy under it/short above it. (Until something breaks and it isnt).
Trying to get out at breakeven now on a spike down.