Being right about Bitcoin won’t save your 3x leveraged ETF position

- Your Bitcoin thesis is pristine, but your 3x leveraged ETF from VS Trust is a meat wallet shredder. Daily resets mean waiting for recovery is expensive; the fund shrinks its position after dips, so you miss the rebound even if you’re right about the destination. It’s not investing, it’s paying 1.85% fees to lose money faster. Wall Street sells leverage to people who think "long-term" applies to daily compounding math. Don’t let conviction blind you to the mechanics. You can be right on the asset and still get rekt by the wrapper. Check the hash manifest before you stack-eye into these futures traps.