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Don’t invest in crypto Bitcoin ETF futures nor options

I put on some positions with a Bitcoin ETF to load up when Credit Suisse was being taken over. I did pretty well with that move.
(Last Updated On: March 20, 2023)

I put on some positions with a Bitcoin ETF to load up when Credit Suisse was being taken over. I did pretty well with that move. However, it further exposes you to significant drawdowns if BTC or ETH drops during off hours. If so, you cannot close open positions when American stock markets are closed. Of course, this could also be said with the future or options market. So I would only recommend trade with the real McCoy of crypto on a decent exchange like Kraken.

 

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As you know with the crazy restrictive emergency laws being introduced in the last week, many moving their savings out of FIAT banks into cryptocurrency trading.

Here are some questions to get your started:

  • Create your own ‘bank’ anonymously with crypto
  • In the future, draw off your crypto saving with a Visa debit card
  • Trade using a European de-central exchange to trade perpetual contracts and other high performing coins
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