again about optimal number of bands. I had 10-12 in past which was okay. For higher leverage I’m considering going 4-6. Any crazy risks? I’d monitor pretty much daily.
4-6 good leverage but indeed keep a close eye on it
Thank you @jpk1080! Another soul who will be suffering in pain of daily monitoring your bands and your liquidation for a little leverage? We'd be glad to help. We only want high leverage low health degens.
Thanks, guess will go for 6 and monitor well. Too bullish to let the higher leverage pass ;).
Curious. How often do you monitor your position?
Daily. Somewhat BTC price addicted ;).
You keep a browser open for then?
Awesome. And what's your target loan health for N=6?
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