the risk of loss when BTC goes down.
I am hesitating about becoming a LPC on NBT/BTC because I have not yet devised a strategy for hedging.
I am aware of the possibility of buying put options on Okcoins for example like mentioned here but that makes the process too complicated for me at this stage or more time consuming that my time allows right now.
I do not reject the idea of hedging of course but that would need some study.
That is why I would like to ask professional traders from the community the following:
Do you think being a custodian is a profitable business right now and if the answer is yes why aren’t you a custodian right now?
If the answer is no what is needed to make the activity of providing liquidity a profitable business?