Anyone interested in baghodling but that does not want to risk losing everything should be interested...
Also options are good for gambling which is BTC primary use case (not that long term baghodling is not gambling).
I have waited a long time for those.
Crypto gamblers have a reason to gamble that price goes up with options being successful, alsotheir "great halving" will happen in May, so there is support for a self fulfilling prophecy of buyers buying in anticipation for the halving magically making the price go up.
When it drops back to the red line that is now support, a double bottom would be a good opportunity to buy I think.
I already posted about options as a protection, not sure people care... A few idiots told me how wrong I was (about what? xd).
The concept is extremely complex:
You buy an option to sell at a certain price below the current price, you pay a premium for the time the option is valid (say 2 years).
If the price goes up you lose what you paid for the premium which is normal, it is an insurance, you are still happy because Bitocin went up and you made big returns. If the price falls rather than lose your life savings you exercise your right to sell at a predetermined price and you do not lose your lifesavings as you get back (option determined price - Bitcoin current price) minus the premium. You can even keep your Bitcoin.
This is so complex that most of the crypto community are not able to understand it.
Buy option & pay premium and buy bitcoin. If price go up, option is worthless but bitcoin is worth lots more (can still go down so either sell or buy a new short option). If price go down, Bitcoin is worthless but option got you covered you get your money back. If bitcoin does not move well sad you just lose money on the premium/insurance price.
I gave angry stressed out trolls a way to not miss out and not have to worry...
If they are 100% sure Bitcoin price won't fall and don't want to waste money on an insurance then no problem, but why send death threats etc?
Also options are good for gambling which is BTC primary use case (not that long term baghodling is not gambling).
I have waited a long time for those.
Crypto gamblers have a reason to gamble that price goes up with options being successful, alsotheir "great halving" will happen in May, so there is support for a self fulfilling prophecy of buyers buying in anticipation for the halving magically making the price go up.
When it drops back to the red line that is now support, a double bottom would be a good opportunity to buy I think.
I already posted about options as a protection, not sure people care... A few idiots told me how wrong I was (about what? xd).
The concept is extremely complex:
You buy an option to sell at a certain price below the current price, you pay a premium for the time the option is valid (say 2 years).
If the price goes up you lose what you paid for the premium which is normal, it is an insurance, you are still happy because Bitocin went up and you made big returns. If the price falls rather than lose your life savings you exercise your right to sell at a predetermined price and you do not lose your lifesavings as you get back (option determined price - Bitcoin current price) minus the premium. You can even keep your Bitcoin.
This is so complex that most of the crypto community are not able to understand it.
Buy option & pay premium and buy bitcoin. If price go up, option is worthless but bitcoin is worth lots more (can still go down so either sell or buy a new short option). If price go down, Bitcoin is worthless but option got you covered you get your money back. If bitcoin does not move well sad you just lose money on the premium/insurance price.
I gave angry stressed out trolls a way to not miss out and not have to worry...
If they are 100% sure Bitcoin price won't fall and don't want to waste money on an insurance then no problem, but why send death threats etc?
