Limit Risk with Options on Bitcoin Futures
Bitcoin true believers are still hoping for another dramatic upswing in price while many long-term Bitcoin holders are selling as fears increase of another price collapse. At this point in time, it might well be a good idea to limit risk with options on Bitcoin futures. How does that work?
Crypto Classification System
As of 2022 there are more than twelve thousand different crypto tokens with as many as one thousand more being added each month. There are stablecoins and cryptocurrencies that facilitate non-fungible tokens, decentralized finance, and the metaverse. An investor can be excused for being confused. Perhaps a new crypto classification system dreamt up by Goldman Sachs will alleviate a bit of the confusion.
Lula Election and Investment in the Bovespa
The market in Brazil is up 2.6%, perhaps because people remember that the market did very well during Lula’s previous eight years in the Palácio da Alvorada. Thus, we are interested in the Lula election and investment in the Bovespa.
Crypto Winter and NFTs
A newer-than-crypto aspect of the internet and crypto world is the non-fungible token or NFT. This is typically artwork, but it can be anything digital and unique. NFTs are bought and sold using digital currencies (crypto), so are crypto winter and NFTs on the same track of not?
Crypto Winter or Ice Age?
Bitcoin and all of the rest of the cryptocurrency world have been having a tough time of it ever since the market peaked in November of 2021. The term crypto winter was coined to describe this substantial and prolonged fall in prices. Unfortunately, this may not be crypto winter but a cryptocurrency ice age.
What Are Psychedelic Stocks?
What are psychedelic stocks? When we talk about psychedelic stocks, we are considering companies that make psychedelic medicines for treating depression, post-traumatic stress disorder, and substance abuse problems.
Next Step Down for Bitcoin
The factors that have been assaulting Bitcoin value, namely inflation, war, supply chain disruptions, the risk of a global recession, and a steadily climbing US dollar are not exhausted. As such, one needs to consider what will be the next step down for Bitcoin.
How Long Will the Crypto Winter Last?
How long will the crypto winter last? The best way to predict this is probably to look at the stock market and particularly the Nasdaq with which Bitcoin has tracked closely for the last year or more.
China and Investment Risk
The recent ban on advanced chip technology to China is just part of the puzzle of China and investment risk. Many US companies have substantial exposure to China in terms of manufacturing there, sales to Chinese customers, or both.
Has Bitcoin Hit a Bottom Yet?
After losing two-thirds of its value from November 2021 to June 2022, Bitcoin has been trading more or less sideways in the $19,000 to $23,000 range for four months. Has Bitcoin hit a bottom yet?