I made just over 4K today for sitting on my ass and doing nothing... And that excludes all the spot-crypto and equities I am holding. I will most likely continue to sit and do nothing until the Having. Then maybe I'll sell my Long-Calls, and let my short-puts expire... The question is, what do I do with the thousand shares I bought in BitFarms? Save them for a rainy day then short covered-calls?
I saw something about a CUSIP yesterday, but don't know much about it went over my head Tbh, I'm not following the bitcoin spot etf as much as I should, I only see the twitter posts on my feed from the people I follow on CT I plan to sit on my "trading" positions through the *ber months which are a bullish time period for bitcoin and cryptos (and I'm a hodler of bitcoin and crypto assets)
Nice run up in the early morning, but seems like the momentum is waning for now. We're currently in a range, so best to buy the bottom and sell the top, until we break out..
I'm still short, but I've bought some futures to hedge it just in case. Is that an ascending triangle? Sure looks like it, doesn't it?
BTW my feeling is that if we don't get a clean break out to the upside tomorrow, we might free fall. I don't like this price action, which is being held up by sheer speculation. Moreover, it's taking too long. But as always, consider what I say with a grain of salt.
When you move out of the US to Asia, you'd be able to trade perpetual futures, the best invention in the trading markets