OUT OF MIND
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» 2000 Felons and Zero Justice
5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme EmptyToday at 9:33 am by PurpleSkyz

» Rhonda Wilson – Why Are Vaccinated People Emitting MAC Addresses?
5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme EmptyToday at 8:21 am by PurpleSkyz

» These 20 States Threaten Legal Action Over the Ministry of Truth
5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme EmptyToday at 8:17 am by PurpleSkyz

» Global COVID Summit Declaration Representing 17,000 Physicians and Medical Scientists
5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme EmptyToday at 7:58 am by PurpleSkyz

» Obama claims people are “dying from disinformation” … which is TRUE for those who took the clot shots after believing pharma industry lies
5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme EmptyToday at 12:29 am by PurpleSkyz

» Just Wow! 3D-Printed Homes Cut Construction Time From 4 Weeks to Only 28 Hours
5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme EmptyToday at 12:21 am by PurpleSkyz

» Playing Video Games Has an Unexpected Effect on Kids' IQ, Says New Study
5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme EmptyToday at 12:16 am by PurpleSkyz

» Population decline is already solving the apparent ‘climate crisis’ - Thanks CV and CV Vax!
5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme EmptyToday at 12:12 am by PurpleSkyz

» Synthetic Biology: The $3.6 Trillion Science Changing Life As We Know It
5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme EmptyToday at 12:07 am by PurpleSkyz

» Wisconsin fox kits test positive for highly pathogenic avian influenza
5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme EmptyToday at 12:05 am by PurpleSkyz

» Alan Watts ~ It All Starts With You
5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme EmptyToday at 12:02 am by PurpleSkyz

» Michael Clarage: The Light of Life
5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme EmptyToday at 12:00 am by PurpleSkyz

» Witness describes the huge glowing object that hovered above the flight deck of USS Ronald Reagan
5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme EmptyYesterday at 11:06 am by PurpleSkyz

» The COVID Vaccine Narrative Has Sunk, And The Powers That Be Have Stopped Trying To Hide It
5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme EmptyYesterday at 11:01 am by PurpleSkyz

» UFO NEWS ~ Huge cigar-shaped UFO over Frederic & Luck, Wisconsin 14-May-2022 plus MORE
5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme EmptyYesterday at 10:25 am by PurpleSkyz

» How to detoxify from the spike protein produced by suffering Covid or by the COVID injection
5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme EmptyYesterday at 9:49 am by PurpleSkyz

» The Rothschilds: The World's Richest Family
5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme EmptyYesterday at 9:45 am by PurpleSkyz

» Studying the secrets of starling murmurations
5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme EmptyYesterday at 9:33 am by PurpleSkyz

» This Cosmic Timekeeping Method Proposes to Synchronize All Clocks on Earth
5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme EmptyYesterday at 9:29 am by PurpleSkyz

» Lipid nanoparticles in covid jabs “stick” to bodily organs, reveals Pfizer study
5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme EmptyYesterday at 9:21 am by PurpleSkyz

» Exposing the “Digital ID Is a Human Right” Scam
5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme EmptyYesterday at 9:17 am by PurpleSkyz

» 57 Top Scientists and Doctors Release Shocking Study on COVID Vaccines and Demand Immediate Stop to All Vaccinations
5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme EmptyYesterday at 9:07 am by PurpleSkyz

You are not connected. Please login or register

OUT OF MIND » THE INSANITY OF REALITY » GLOBAL FINANCIAL COLLAPSE » 5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme

5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme

Go down  Message [Page 1 of 1]

PurpleSkyz

PurpleSkyz
Admin

5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme: Rise & Fall Of Famous Bubbles
5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme Ico-time28 Nov 2017 by Volubrjotr 
5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme Dohka7iwsaasu4q
Looking to put [fiat] bitcoin’s rise in context? How about this: Over the last five years, the world’s most valuable digital currency has risen an astonishing 11,000,000%. Furthermore, since Jan. 1, it has climbed 950%, compared with a total return of 18% for the S&P 500.
Given the torrid pace of bitcoin’s climb, one would imagine that there are few traders left who possess the wherewithal to short the digital currency. And until recently, the options to short bitcoin were mostly offered through unregulated exchanges, and very risky given bitcoin’s volatility.

  • Top 11 Countries In Which Bitcoin is Banned


5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme 2017-11-28bitcoin_0

But increasingly, mainstream exchanges have begun offering bitcoin-based derivatives that could make it easier for retail traders to short the digital currency.


CME Group has said it will introduce a suite of bitcoin-linked products by the end of the year, and LedgerX, the first CFTC-approved Swap Execution Facility (or SEF), traded more than $1 million in bitcoin swaps and options during its first week.
In Switzerland, one exchange has introduced options that make it easier for investors to profit if the bitcoin price drops. But other more creative ways to short the digital currency have existed for a while now – in some cases, for years.
“All the options to short in common markets are becoming available in the bitcoin market,” said Charles Hayter, co-founder of market tracker CryptoCompare. “There’s pretty good liquidity for shorting bitcoin. The main difference with shorting the Nasdaq for example, is it will be a lot more volatile, so there’s a lot more risk. The rate to borrow will also be a bit higher.”
5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme Bitcoin
Digital Bitcoin
With bitcoin on the cusp of breaking above $10,000 for the first time, here’s a list of popular options for shorting bitcoin, per Bloomberg.

1)

Contracts for Difference
“One of the most popular ways to short bitcoin is through CFDs, a derivative that mirrors the movements of the asset. It’s a contract between the client and the broker, where the buyer and seller of the CFD agree to settle any rise or drop in prices in cash on the contract date.
‘CFD is currently a great market if you want to short bitcoin, especially ahead of that milestone 10K mark, which we think will bring some retracement,’ said Naeem Aslam, a chief market analyst at TF Global Markets in London, which offers the contracts. ‘The break could push the price well above $10,100 and it would be in that area when we could see some retracement.'”

2)

Margin Trading
“Another common way to short bitcoin is through margin trading, which allows investors to borrow the cryptocurrency from a broker to make the trade. The trade goes both ways; a trader can also increase their long or short position through leverage. Depending on the funds kept as collateral to pay back the debt, this option increases the already risky bitcoin trade. Bitfinex, one of the biggest cryptocurrency exchanges, requires initial equity of 30 percent of the position.
Short-margin trading positions on Bitfinex were at around 19,188 bitcoins on Monday, versus 23,931 long positions, according to bfxdata.com, which tracks data on the bourse.”

3)

Borrow to Short Bitcoin
“Most of the brokerages that allow margin trading will also let clients borrow bitcoin to short with no leverage. This will be a less risky way to bet bitcoin price will fall.”

4)

Futures Contracts
“The futures market isn’t as widely developed as CFDs and margin trading, but it’s still possible to make bearish bets on bitcoin with options. For now, LedgerX is the only regulated exchange and clearing agent for cryptocurrency options in the U.S. The CME Group Inc. and the Chicago Board Options Exchange have both asked for approval to list bitcoin futures, so that may open up the market to more investors.”

5)

Shorting Bitcoin ETNs
“Investors can also indirectly bet against bitcoin by shorting exchange traded notes with exposure to the cryptocurrency, like Stockholm-based Bitcoin Tracker One, and Grayscale Investments LLC’s Bitcoin Investment Trust. The risk is that these notes don’t always trade in line with bitcoin, so the exposure won’t be perfect.”

[Make The Big Bucks As It Deflates]


As a reminder:
$0000 – $1000: 1789 days
$1000- $2000: 1271 days
$2000- $3000: 23 days
$3000- $4000: 62 days
$4000- $5000: 61 days
$5000- $6000: 8 days
$6000- $7000: 13 days
$7000- $8000: 14 days
$8000- $9000: 9 days
$9000-$10000: ?
The rise is even making some central bankers nervous.
“The problem with bitcoin is that it could easily blow up and central banks could then be accused of not doing anything,” European Central Bank policymaker Ewald Nowotny told Reuters.  Bitcoin Price Value Drops After China Outlaws Bitcoin Exchanges: JP Morgan Then Pumps It Back Up With Euros
But in his confirmation hearing earlier today, incoming Fed Chairman Jerome Powell said bitcoin is still too small to pose a real threat.
Estimates but is believed that only 0.01% of the world’s population holds a bitcoin wallet
“They don’t really matter today,” Mr. Powell said. “They’re just not big enough.”
Zero Hedge
5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme Smile-you-could-be-me

  • Bitcoin: Most Americans Cannot Even Afford 1
  • Estimates of only 0.01% of the world’s population holds a bitcoin wallet

5 Ways To Bet Against Bitcoin’s Highly Speculative “Get Rich” Scheme Avatar_14

Thanks to: https://politicalvelcraft.org



  

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum