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    A Safer Way to Trade Crypto - 3/23

    Dylan Jovine
    Saturday, March 23, 20243 min read
    A Safer Way to Trade Crypto - 3/23

    Cryptocurrency trading isn’t for everyone.
    In fact, there are a good deal of traders that shy away from it.  
    After all, not only can cryptocurrencies be difficult to understand, the volatility is unnerving.  Then again, what if I told you there was a safer way to trade the direction of cryptos, like Bitcoin, without ever trading actual Bitcoin?
    There are actually two ways to do just that.








    10-Minute Trader [One Easy Option Trade]
    Hugh Grossman introduces a unique day trading system that involves just one simple option trade taking 10 minutes a day, unlike traditional day trading involving hours glued to the screen.
    This fast and easy system requires opening an email, typing in the option symbol, setting the profit target, and walking away for the rest of the day. Only 87 new option traders today get to see how this new way to trade works, so better hurry.
    Click here for the 10-minute simple options trading day.



    All you need are two exchange-traded funds (ETFs), including BITO and BITI.
    Company: The ProShares Bitcoin Strategy ETF (BITO)
    When Bitcoin pushes aggressively higher, we can look at the Pro Shares Bitcoin Strategy ETF (BITO).  With an expense ratio of 0.95%, the ETF tracks the performance of spot Bitcoin, and is the world’s largest and most actively traded cryptocurrency ETF, according to ProShares.
    BITO is mimicking the price of Bitcoin as closely as possible without investing in the cryptocurrency itself. As noted by Money, “Like all crypto ETFs, part of the allure of BITO is that investors don’t need to deal with cryptocurrency wallets and private keys but can instead invest through a broker they already use.”







    Here's Why Bitcoin Could Rise to $165,000 Starting Exactly On April 22, 2024.
    Oxford
    The same catalyst the kicked off the three major crypto bull markets... is about to hit again on April 22, 2024.    Here's what you need to do now to profit.



    Company: The ProShares Short Bitcoin (BITI)
    Or, if you believe Bitcoin will drop in price as it has been doing, or if you want to hedge a long bet, there’s also the ProShares Short Bitcoin (BITI). This one follows the S&P CME Bitcoin Futures Index, with profitability computed daily (before fees and expenses) as the inverse (-1x) of the index’s daily performance. BITI has an expense ratio of 0.97%.







    How I lost $65k trading like a rookie
    10
    Hi, I'm Sami Abusaad, I started trading at the bottom of the tech bubble burst in 2003.
    With $15K cobbled together…I began trading stocks on the side.
    Within a year…I had turned $15K into $50K. I thought I was king.
    By 2007, I was down $-15K! Why? I got lucky buying at the bottom, rode the market up, but instead of selling and waiting for the next bottom...I kept buying into the Great Recession.
    As much as I acted like a rookie doing that...ironically, this very pattern is what I use DAILY to successfully swing trade stocks under $10.
    Learn more HERE.

     

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    Written by Dylan Jovine

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