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S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
0.00%
)
Bitcoin
64,361.04
(
0.43%
)
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recinvestor

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recinvestor

Re: Plowmaster post# 2027

Thursday, 11/30/2017 11:52:57 AM

Thursday, November 30, 2017 11:52:57 AM

Post# of 2654
Awesome! Good time to slowly reduce Bitcoin. Options trading in the US market is coming soon, which means shorting via puts.

I believe long term, the main crypto currencies are still solid, but there will be some added volatility as the US options market finds its place.

Other countries offer options already, and I think it’s mainly foreign money that’s fueled cryptos, so perhaps the US BTC options market won’t have that much of an impact.

Just an FYI to further educate anyone following cryptos and this convo.

Congrats Plow on your BTC gains so far!

Rec

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