how about including this : I'm shorting it for the long term because I believe it will be the mother of all Tulip-mania. Anyway, I don't day trade BTC futures due to its horrific bid-offer spread.
Or you could hedge your bets and go 50/50 long/short, and see which one wins. The only way this wouldn't work out is if BTC became a stable (low volatility) asset but somehow I can't see that happening. In all likelihood, one of those positions will become worthless and the other will moon.
Always on the watch list to trade. I use to hodl, but Millions of investors following Youtubers and Guru's like Plan B on Twitter and too much bullish consensus took away the juice. Just smart to plan an exit strategy regardless of the instrument. We'll see what happens.
Actually, Bitcoin seems like a fairly good candidate for trading. Unlike most volatile markets, it's not thinly traded. It's highly liquid. Trading isn't currently dominated by professionals. In fact, it's volatility is likely due to a preponderance of largely "unsophisticated" investors. It's not a very efficient market (in the sense of EMH) because investors are not that rational. There's an excess of fear and greed. Inefficient markets create opportunities due to there being less randomness.
Guess what? When you buy Bitcoin contracts you are actually still buying Bitcoin. Just through a large company.