/biz/ - Business & Finance

>>17898072
i think some chinese miners capitulated and sold all their BTC when they realized that the US rich kids were going to get hit with Corona.

Well, jokes on them, and I'm buying up 1 BTC for everyone in my family, and I have deep pockets and I can ride this out.

And when they realize that the US isn't FUCKING AROUND with crypto just for kicks, then they'll fomo back in.

$5k bitcoin is the greatest wealth redistribution to ever happen in crypto. accumulate, my boys.

>>17481465

>>17481495
hmm ok that's good to know.

>>17481502
to be honest, i've found better luck in options than leveraged ETFs.

the only problem i've found with options is that i don't understand the volume and order book. some options have a really wide spread if it's out of the money by a lot. and what the fuck "open interest" and "volume"? how does that help me. there's no order book, i don't understand what i should be selling my limit prices at. . . should i set my limit price at where the ask is if i want any hope of having the option filled? it's all bs. so i just end up avoiding everything but very popular stocks.

help me, reddit

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