[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 22 KB, 532x646, DGB1.png [View same] [iqdb] [saucenao] [google]
4954882 No.4954882 [Reply] [Original]

I want to trade Bitcoin futures and I have the 70k+ USD requirement or whatever it is to do it.

Where can I do this? Which retail brokers will allow me to set up an account quickly and do this?

I have no idea how the world of retail brokers works. Where can I start? Which retail broker has access to futures on CBOE?

>> No.4955058

Bump. How the fuck do I do this?

>> No.4955404

bump

>> No.4955473

At least one of you must understand how to invest outside of crypto, right? I want to trade futures on CBOE. Help me please.

>> No.4956013

>>4955473
What are futures? That coin isn't on CMC.

>> No.4956119

>>4956013
>le what is that I don't know that coin meme

Where the fuck can I buy Bitcoin futures? This shit is arbitrage.

>> No.4956201

>>4956119
>Bitcoin futures
Don't fall for the Bitcoin fork meme, I'm sure "Bitcoin futures" will be just as much of a failure as Bitcoin Cash.

>> No.4956304

If you want to long it, just buy some. If you want to short it, just burn your money instead.

>> No.4956323

if you can't figure this out yourself, you shouldn't

>> No.4956327

bump. This board has no fucking clue how finance works outside of crypto does it.

>>4956304
No shit retard. I want to cash and carry arbitrage.

But this board has no clue...

>> No.4956364

>>4956327
Explain yourself to a brainlet. How can you possibly arbitrage in this situation?

>> No.4956424

>>4956364
Futures contract says someone will buy Bitcoin for X dollars in a month. Right now they're like $18,000.

So if you buy a Bitcoin now and sell a Futures contract now, you automatically make about $2000 in a month. That's literally what people are doing right now you fucks.

>Why doesn't the future investor just buy Bitcoin right now?
They're worried about security. seriously. They're paying a premium because they don't understand it.

Tell me how to get in.

>> No.4956473

>>4956424
>Tell me how to get in.
I'm confident you know how to use Google gayboi.

>> No.4956568

>>4956473
Just try to google this shit. I can't find any exchanges that support the CBOE assets or whatever. I have no fucking idea how to do this. I went to CBOE.com and there was no "register" button so how the fuck do I access the exchange?

I'm so used to crypto, what the fuck do people normally do to trade stocks and futures and all that?

>> No.4956579

>>4956424
This post makes me think you are trolling. It makes no sense. The contracts are for the average price, not your one sale.

>> No.4956617

>>4956579
The hell are you talking about?
It's called cash and carry arbitrage and right now there is a killing to be made by doing it with Bitcoin.

>> No.4956710

>>4956617
That doesn’t work here because the futures are cash trades only. It’s completely different than normal futures.

>> No.4956729

>>4956617
You’ll make a lot more money just buying and holding bitcoin for a month. It will be $100k by year end.

>> No.4956733

>>4956568
http://www.cmegroup.com/trading/cme-direct.html
Damn that was so hard, it's almost like you could've figured out the parent company of CBOE with Google or something.

>> No.4956775

if you dont even have a broker then why the fuck are you wading into btc futures lmao