I specialize in trading stocks and ETFs. Not options. Not futures. Not commodities. Not bitcoin. I can hardly waste time learning how to open trading accounts for things I don't trade. I focus on what I know. But in this specific time, I was just curious re the possibility of trading btc. I also speak for Moneyshow, Metastock, write articles, produce videos, do 40-110 real live trades daily, do webinars 6 days a week, handle all customer service for my company, have a family, play sax, post here, etc ... all with parkinsons. So excuse me if I didn't take time to learn how to open a btc trading account on top of all that stuff.
It's just filling out a form, man! You don't need to "take the time to learn" how to do that! But I guess you are at saturation level with the Parkinson's disease, which must be why you mentioned it.
Do you have access to the Toronto Stock Exchange? There are plenty of spot crypto ETFs there. You can even trade options on a bunch of them, and they are all backed & secured by the OCC, so there is no counter-party risk or smart-contract risk.
That’s pretty lame, Ken. You could have opened an account already in the time you took to start this thread and write these excuses why you don’t have the time. You brandish the Parkinson’s shtick more than Michael J Fox!
Of COURSE we can. But without a stock market to follow, BTC will be a like a lost child wandering in the woods without a guide until Tuesday morning at 9:30AM ET. BTC lost it's status as a thing when it became pegged with the US stock market. I am assuming this path started with the Luna/Terra disaster, and the whole system started showing a glint of vulnerability. It is no longer a leader...It is now a follower. A slave of the big bad US equities.
The easiest way to buy Bitcoin is by opening an account in one of those exchanges that have been accused of fraud with Tether, like Bitfinex.
BITO is the closest to a crypto ETF or you can use companies like HUT and MSTR as proxies. I agree with you not opening a coinbase brokerage, it is too risky, when there are proxy stocks or futures at legit brokerages to get in the action. There is also GBTC, but you have to read a bit about that. Also, the title should have 18K not 20K as bottom.
Right... I don't want to open a new account, give SS# and deal with taxes etc with yet another broker, especially in a speculative market like bitcoin. Thanks Btc may well keep dropping, personally I'd like to see 3 green days in a row before I buy. Should be interesting
Three Arrows Faces Possible Insolvency After Unforeseen Liquidations: Report https://www.coindesk.com/markets/20...192729569&mc_cid=6b6cc0e078&mc_eid=ccbea47ec7