If you bought it over 50K, how is it working out for you? As long as the market was going up, every bull was a genius, now that we are entering the bear phase, well, an adjustment is required.
Correct. Last 5 days action: High to Low to High: SPX: -7% to +4% BITO: -22% to +10% BTC: 43K to 33.5K to 38.3K (too lazy to do the %, but close to BITO's) Same shit, sometimes with a few hours delay due to cryptos being traded 24/7. NOT A HEDGE...
Time to revisit this thread!! It seems the stock market are bleeding quite a bit of red If only there was a hedge against the stock market crash??!! Yesterday, Bitcoin was up 15% and today again it's up
Shorts on Bitcoin still getting wrekt! Guess it's not just the Russian army who's getting destroyed the last few days.