The Bitcoin is not an inflation hedge. I actually use options to hedge my long positions.It’s a good inflation hedge at the front of the curve.
The Bitcoin is not an inflation hedge. I actually use options to hedge my long positions.
I am betting against any upward movement in the Bitcoin price. I am in BITI which is an EFT betting against any higher price. Bitcoin is a bubble which will wash out in the upcoming 2023 Recession.
No doubt. I only have it to margin trade, to the negative for the time being.The Bitcoin is not an inflation hedge. I actually use options to hedge my long positions.
I am betting against any upward movement in the Bitcoin price. I am in BITI which is an EFT betting against any higher price. Bitcoin is a bubble which will wash out in the upcoming 2023 Recession.
I mostly agree that next few months is not going to be anything but a bad bear market. It will test the new BIT owners.Economist Nouriel Roubini also expects a 75-bp increase at this meeting and 50-bp hikes at each of the following two meetings, bringing the rate to 4.0%-4.25% by year-end, he told Bloomberg in an interview. He sees a recession as inevitable. He expects that the funds rate will have to approach 5%. Bringing inflation down to the Fed's 2% goal without a hard landing is going to be a “mission impossible," Roubini said.
The economist, who correctly called the 2008 financial crisis, said, “It’s not going to be a short and shallow recession, it’s going to be severe, long and ugly." A "real hard" landing could spark a 40% drop in the S&P 500, he estimated.
You know that margin means that you borrow money. If the shit hits the fan, you will not do well.No doubt. I only have it to margin trade, to the negative for the time being.
It will likely go back up at some point when everyone gets more flush with cash and is ready to gamble again. Course we have to go through the economic hell first.
You know that margin means that you borrow money. If the shit hits the fan, you will not do well.
I am good with my short on Bitcoin. It is doing well. I placed a stop order on it for next week.
I like to make money on my investments.How can you short a store of value sir!?!?!?
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I just checked, sir.
The Bitcoin is falling which seems to correlate well with the growth stocks?
I heard that one Bitcoin platform will offer a 3% yield (in dollars) on Bitcoin deposits (not guaranteed, so it may happen?).
What do you think the Bitcoin value will increase going forward from today?
Is it your opinion that Bitcoin will be the best investment in the next 3 years? How do you calculate the intrinsic value?