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The Winklevoss Twins LOVE Bitcoin, own 1% of all coins
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The Winklevoss Twins LOVE Bitcoin, own 1% of all coins

  #11 (permalink)
Trading Apprentice
orange, CA
 
Futures Experience: Intermediate
Platform: metatrader
Favorite Futures: Bitcoin, FX
 
Posts: 2 since Apr 2015
Thanks: 0 given, 0 received


Cogito ergo sum View Post
Can't wait to short this financial product, preferably with the use of some options to mitigate the inherent volatility of bit coins

i've been following Bitcoin very closely and trading it for a couple years now. I would be careful if anyone if considering BTC for a long term investment. Some people in the community think that BTC will be worth 1 million per Bitcoin (due to scarcity), but i think they are totally delusional. Its their lottery ticket. It is fun to daytrade though
There are also "altcoins", which most people haven't even heard of yet. They could take some of the wind out of the BTC
price. You can daytrade altcoins as well. They can go up in value 1000% in some instances, but there is a ton of insider stuff going on. I would say they are an equivalent to penny stocks.

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