Five to Twenty

Thesis

Follow BTC's daily direction to seek growth from $5 toward a $20 balance.

Strategy

• Entry: Check hourly, buying BTC above its daily opening price and selling short below it. • Exit: Reverse when direction changes; close and stop opening trades once the balance including open profit reaches four times its starting value. • Size: Open BTC exposure worth three times the current balance, raised to the venue minimum when needed.

Exposure

• Holds: BTC and USDC — Holds one BTC long or short position backed by USDC. • Venue: Hyperliquid — Starts with $5 USDC on Hyperliquid. • Leverage: 3x exposure — Sizes new BTC positions at three times the current balance. • Costs: Trading fees, funding — Pays Hyperliquid trading fees and periodic funding. • Data: Circuit — Uses BTC prices and its daily opening price. • On unwind: USDC — Closing the BTC position leaves USDC on Hyperliquid.