@Meyzee 7 February 2021 edited more from that month

Which position is your best bet?

My Detoken review Hedge or Long? Today marks my 5th day from Detoken. And honestly I give it a 4.7 out of 5 stars. A must try platform for those who love Bitcoin Cash and for those who are aiming to store BCH. If you are one with Club1bch member don't try to lose this chance. Take a risks and gamble. I will not bore you with all the introductions, you can read all of the information you need to know about detoken by reading the article of @pisces-jr15, the details are all in there. But all I want to emphasize about detoken is... When you put your money on Detoken make sure you are ready for the outcome. Like any other trading platform you should be prepared to lose. And study the market variation before taking another position when win. Do not make a drastic move. Study. Study. Study. Research. Research. Research. Once, position is locked, you just have to wait for it. No you cannot control it anymore like your lover. Lol. Also, please put in mind that once you bought a position you are thinking ahead of time. It was like it was yours but not for 24hrs. (Parang hindi kayo pero oo). Lol. On hedge you pray that bch will go down, and in long you pray that it will pump up. In addition you also have to know the difference between the hedge and the long position. **In hedge side,** You are assuming that BCH will go down for 24hrs. Please always take note the 24hrs. Meaning, If BCH goes down the number of bch will be added to your bch to meet the locked up dollar you put into it. Best example is, take note that the value of dollar stays as it is, Today apples (fruit) cost 1$ for 3 pcs and 1 divided by 3 is 0.33 meaning the price of each apple now is 0.33$, then after 24 hrs news spread that the apple price go down for 10%, meaning the price for each apple goes down at 0.2967cents (0.33×(1-.1)), now in order for you to get back the 1$ you invest, how many apples should you have? You will need to have additional apples to have the 1$ value again. How to do that? 1$/0.297$ equals to 3.367pcs of apple. So in conclusion 0.367 apples, not ideally, for example only, has been added to your original apple. Now assumed that it is the BCH not apple. Which is a very very nice earning if you plan on storing apples, I mean BCH. On the other hand if the price of BCH will increase, the number of your bch will be reduced but still it's dollar value will remain as it is.

**In Long Side** Here you predicts that the movement of the price of bch will increase in the next 24hrs. And I am still figuring out how I am gaining here. Haha. My best of understanding here is not yet best. Haha. I am still figuring if the margin has anything to do with the value of earnings. What I can say is that when the price go up you gain. When the price go down your amount of bch will be deducted. I still don't have any ideas how the P&L was computed or if the 3:1 margin has to do anything with it. To be honest, I spent 2hrs just decoding how it works. But still fails! Hahaha

**What is the disadvantage of Detoken**? *You cannot store bch in detoken. More likely you'll lose everything you earned once the market goes down. So when you have earned profit and still were not able to decide of what position you could put your money with. I recommend you to remove your money in an instant because your bch there is also subject to market volatility. Meaning all your earnings of bch may or may not go down. *Your money is locked up for 24 hrs. Unlike most trading platform when you are in panic you cannot sell it midway all you have to do is pray and pray and pray. That is why you have to study the common value of increase and decrease of bch daily. I meant daily. Not weekly. Daily. **What are the advantages of Detoken.** * No fees when sending from detoken to another wallet. * You can withdraw anywhere anytime. *The margin is 3:1 *There is no minimum withdrawal and the minimum fee is only 2$ for long and 5$ for hedge. Affordable. So what are you waiting for? Which position is the best? Not the one you're thinking lol. I meant hedge or long? I still can't decide. Maybe once I figured out how I get the profit and loses on long position. Anyways this is my best understanding of Detoken. If anyway I am wrong with what I have written or observed please do correct me. Thank you for reading. :) Beautiful reminder; Always do your own research :)