It is unwise to hold these inverse ETFs long term due to decay. I’m in for a short term trade this week. Puts on $SMH could pay too now that the $NVDA report is out the way. I’m sure shorting the Semis is an unpopular opinion with the crypto crowd. #stocks
Post by twetch#3898
yup really any leveraged ETF shouldn't be held longer than a day
What the chain says
- Block
- 622 360
- Time
- 2020-02-16T17:31:17Z
- Signer
- 14q1qAvbnLywf9BnDw4RBywFB5zRFVHJYE
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#3898
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
14q1qAvbnLywf9BnDw4RBywFB5zRFVHJYE VerifiedReplies (11)
Just went through your stream @1666, you seem like you have a good handle on cryptocurrency . What is your top Crypto-coin to buy here? Remember that your answer stays on the blockchain forever, so make sure it a good one. 💰
Well, i certainly wouldn't be on this website if i didn't believe in BSV.
I don't like giving opinions on price action. When you trade for long enough you come to the realization that even the very best traders are wrong a lot of the time.
I respect that. The crypto guys in my stock chat say $XTC has the momentum. I’ll buy the next dip there, Tezos 🔥.
Think about the crypto market like the dotcom bubble. Eventually one protocol will take over (most of us on Twetch believe it will be BSV “Bitcoin”). When that happens the entire crypto industry will collapse and most the coins will die (Thankfully).
Most people who understand BSV are not in it to trade. We are in it because we believe it is the true Bitcoin and that eventually almost all the other cryptos (including BTC, ETH and XRP) will be irrelevant and fade away like the dotcom bubble.
Ive been buying some $BSV in my bullshit RobinHood account. Most tell me BSV is a scam, but I want to have exposure to it. Twetch definitely is building a use case for it. Can you curse on here? #askingforafriend
Most people in crypto support useless projects (99.99% of crypto are scams) and destined to fail. They have been conditioned to think BSV is a scam because if it’s not then that means all their projects are useless (including BTC, ETH and XRP).
Fuck yea you can curse