Spot trading for long-term holds; perpetuals for short-term trading and hedging positions.

So it depends, right? I think the easiest differentiator is spot is for long term. Okay. Perps is for short term. That's the biggest differentiator in my opinion. Now, perps is what I'm using to generally actively trade and hedge positions. I'm using perps. Perps has some intricacies that you have to pay attention to. There's things like funding, shit like that, right? You have to use, you know, if you're using leverage, there's margin requirements. So that's generally I'm using perps for trading, hedging, short term opportunities. If I'm thinking I'm going to hold something for multiple weeks, even months, I'm buying spot.