Row 85664

Row ID: 85664 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 85664 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

If you hedge BCH/USD and BCH goes up, you lose BCH, but the total value in USD of the BCH you get back will be equal to what you put in.

Essentially you achieve the same result as if you sold BCH for USD, then used that USD to buy BCH again later, except you didn’t have to use an exchange

I’m not sure what the risks are with other smart contracts in other cryptocurrencies but I’m quite happy using BCH Bull to hedge and earn a little doing it

FieldValue
text If you hedge BCH/USD and BCH goes up, you lose BCH, but the total value in USD of the BCH you get back will be equal to what you put in. Essentially you achieve the same result as if you sold BCH for USD, then used that USD to buy BCH again later, except you didn’t have to use an exchange I’m not sure what the risks are with other smart contracts in other cryptocurrencies but I’m quite happy using BCH Bull to hedge and earn a little doing it
label r/btc
dataType comment
communityName r/btc
datetime 2024-05-24
username_encoded Z0FBQUFBQm5Lak1vaUZzSlpkb21YejJXTUVFMVFRUkxueG9uS05TakFzVUxtUjJTdU9wWmtlS3k0ZEJmcU5OVEhTWWZMRG1HQU92N2gzRk5yaTBIbE1kY0RJd3JBY0VqbGc9PQ==
url_encoded Z0FBQUFBQm5Lak81M1RGQTF6c0lnZWptWDZQZFEwcmNhaWlROWJVR2ZGbkRmYm9fczc4UFJjeDAtLUxuMkFiMlc0QVJydXdGVHU5LXh0N2oydDZRZkxCTjQxZnBPM3lfUnR4cDVaalByRDdvaklXN3p6RFBjRGZ2UG5DVmxGdGE2N3YydFB5Z2x1bkNjd2ktZTFUS2U2NkNXbFFHOUFCRV9LaEdRU19fZUplOFJQMWphNUFzVG1NdDBHYUt3bkhQeXFYWW1mLUxPQ0R1U1FodmtFVWpoWVFSUUFqY2JaNUlqZz09

Raw Record

{
  "text": "If you hedge BCH/USD and BCH goes up, you lose BCH, but the total value in USD of the BCH you get back will be equal to what you put in. \n\nEssentially you achieve the same result as if you sold BCH for USD, then used that USD to buy BCH again later, except you didn’t have to use an exchange\n\nI’m not sure what the risks are with other smart contracts in other cryptocurrencies but I’m quite happy using BCH Bull to hedge and earn a little doing it",
  "label": "r/btc",
  "dataType": "comment",
  "communityName": "r/btc",
  "datetime": "2024-05-24",
  "username_encoded": "Z0FBQUFBQm5Lak1vaUZzSlpkb21YejJXTUVFMVFRUkxueG9uS05TakFzVUxtUjJTdU9wWmtlS3k0ZEJmcU5OVEhTWWZMRG1HQU92N2gzRk5yaTBIbE1kY0RJd3JBY0VqbGc9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak81M1RGQTF6c0lnZWptWDZQZFEwcmNhaWlROWJVR2ZGbkRmYm9fczc4UFJjeDAtLUxuMkFiMlc0QVJydXdGVHU5LXh0N2oydDZRZkxCTjQxZnBPM3lfUnR4cDVaalByRDdvaklXN3p6RFBjRGZ2UG5DVmxGdGE2N3YydFB5Z2x1bkNjd2ktZTFUS2U2NkNXbFFHOUFCRV9LaEdRU19fZUplOFJQMWphNUFzVG1NdDBHYUt3bkhQeXFYWW1mLUxPQ0R1U1FodmtFVWpoWVFSUUFqY2JaNUlqZz09"
}
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