Jump to content

Exposure to crypto


Recommended Posts

If you want long exposure to Bitcoin you could consider buying Microstrategy Inc as a kind of proxy call option seeing as they have a policy of hoarding Bitcoin, but they have run up a lot recently despite Bitcoin retracing significantly from its recent high, so allow for a delay effect. I would try to value the  company with and without the Bitcoin stake to get an idea how much fluff is in the price, cos if everyone suddenly dumps their Bitcoin at the same time it could end up being a virtual asset that is virtually worthless.

 

Link to comment

Doloress. If you don't want to buy them on an exchange and use a wallet to sold storage them yourself, you cshould consider someone like Globalblock who will enable you to buy/sell and also offer a safe storage solution for Crypto. I also use Gemini which you can set up easily online and have safe storage solutions. Click and trade. Bybit are not bad as an exchange but you sound like you are just starting up so you may want to consider one of the two earlier options for peace of mind. My advice would be to start off with something like 60% BTC ,  30% ETH and the remaining 10% split into alts like Polkadot , ADA, XLM and LTC. Use Tradingview (or IG have this actually) to look at the ETHBTC chart over four years which shows you that ETHBTC got close to  1,000 at one point and is currently only 415 . This shows you that in a bull market ETH should outperform BTC by almost twice. Other alts could give you even more upside relative to BTC  but the big institutions are buying nearly all BTC and some ETH. Other useful sites are real vision.com with lots of good Crypto explainer videos. Follow PlanB, Northstar ,Nikkitrades and a few others on Twitter . Good luck!! 

Link to comment
  • 3 weeks later...
  • 1 month later...
  • 2 months later...
Guest Anthony Deveaux

Thanks @Booey to share about coinmetro, I will look forward to use this platform for cryptocurrency.

Link to comment
  • 3 weeks later...

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
      23,043
    • Total Posts
      95,434
    • Total Members
      43,656
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    Turtlebot
    Joined 30/09/23 13:08
  • Posts

    • The crypto market appears to be showing signs of recovery, with significant improvements in the Sharpe Ratios of Bitcoin, BGB, and Ethereum, according to an article published on Friday.  The Sharpe Ratio, a measure used to understand the return of an investment compared to its risk, has seen a notable increase for both cryptocurrencies. Bitcoin's Sharpe Ratio has risen from -2.4 to 0.68, while Ethereum and BGB have also experienced a similar uptrend. This change signifies higher returns at lower risk, which is expected to attract more investors to the crypto market. In addition to the improved Sharpe Ratios, increased network activity and trading volume as shown on CEXs like Bitget, Binance, and a few DEXs are suggesting a healthier market state. The current trading prices of Bitcoin, reflect this overall positive market sentiment. As of Friday, Bitcoin was trading at $27,069.73, BGB at $0.454 and Ethereum at $1,677.89. These developments are significant as they indicate reduced risk in the crypto market. The increase in the Sharpe Ratios for Bitcoin, BGB, and Ethereum suggests that these cryptocurrencies are becoming less risky investments, which could potentially lead to an influx of new investors into the market.  Could this rise in Sharpe Ratios coupled with increased network activity and trading volume point towards a recovering and less risky crypto market?
    • Hi, That's great, thank you very much. Very helpful! Many thanks.
    • Texas Instruments Inc., Elliott Wave Technical Analysis Texas Instruments Inc., (TXN:NASDAQ): Daily Chart, 29 September 23 TXN Stock Market Analysis: We have been moving lower as expected from the previous forecast. Looking for continuation lower as there is an incomplete bullish sequence. Looking for extension lower in wave {iii}. Downside target stands below wave (W). TXN Elliott Wave Count: Wave {iii} of C. TXN Technical Indicators: Below al averages.   TXN Trading Strategy: Looking for shorts on the way down.   TradingLounge Analyst: Alessio Barretta Source : Tradinglounge.com get trial here!       Texas Instruments Inc., TXN: 4-hour Chart, 29 September 23 Texas Instruments Inc., Elliott Wave Technical Analysis TXN Stock Market Analysis: As we are getting an overlapping structure in what could be a wave {iii} there is a high chance we will see an acceleration lower to then see a series of fours and fives.   TXN Elliott Wave count:  Wave (iii) of {iii}. TXN Technical Indicators: 20EMA as resistance. TXN Trading Strategy: Looking for shorts on the way down.
×
×
  • Create New...
us