ETH-flexive
Buy the Rumor, Sell the Fact?Assuming you are long via some ETH-related instrument, the question becomes — do you reduce or close your long position entirely right before the merge happens? As the positive reflexivity drags the price of ETH higher pre-merge, textbook trading suggests that you should at least reduce your position right before the merge. But, actual reality rarely lives up to expectations. However… The structural reduction in inflation will only happen post-merge. I expect we w...
ETH-flexive
Buy the Rumor, Sell the Fact?Assuming you are long via some ETH-related instrument, the question becomes — do you reduce or close your long position entirely right before the merge happens? As the positive reflexivity drags the price of ETH higher pre-merge, textbook trading suggests that you should at least reduce your position right before the merge. But, actual reality rarely lives up to expectations. However… The structural reduction in inflation will only happen post-merge. I expect we w...
