Why I’m Shorting Bitcoin

Hello again, folks. It’s the guy who posted Why I’m Shorting Luna a while back. Here to give you a chance to grab some popcorn and watch people shit on me in the comments again. Yes, I’m shorting another popular cryptocurrency. The granddaddy of them all. This position is riskier Read more…

Why I’m not shorting shit.

Because nobody has any fucking idea what will happen in the short or mid term, at all, fullstop, super especially a Redditor. Here’s some non astrology. Based on every piece of data available to us the big daddy is asymmetrically likely to increase in price, rather than decrease in price Read more…

The first leveraged ETF was just approved in the US, paving the way for the approval of all the pending spot ETFs

The SEC just approved the first leveraged Bitcoin futures ETF! The Volatility Shares’ 2x Bitcoin Strategy ETF, which uses the acronym BITX, will become the first ETF available in the US that uses leverage. The SEC decided this today and it will start on Tuesday next week. https://preview.redd.it/df4c91bgqs7b1.png?width=772&format=png&auto=webp&s=d1f8ebb5bbb54c67b397e1da7e20990771b1902f The filing Read more…