Shares details of trading decisions and outcomes, Roy Bhasin notes

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Shares details of trading decisions and outcomes, Roy Bhasin notes — Crypto trader shares perps market losses

Roy Bhasin described his recent trading activities in the crypto market, noting that he shorted the market, then went long, hedged, and subsequently closed long positions at the bottom.

He stated that he has not been a perps trader during his crypto career and acknowledged losing money trading perps.

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Bhasin previously highlighted an increase in crypto card spending, citing growth for stablecoins, neobanks, and card usage in the sector in recent comments. He also commented on the rapid shift from bullish excitement to fears of a potential crypto downturn in earlier statements. These observations provide further context to his latest remarks on trading activity.

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