Topic: 3 smart ways to bet on the upcoming bitcoin halvening with options - page 3. (Read 916 times)

is that online wallets a kind of third party service  ? but of course we only chose the wallet that has a proof of thier legitimacy   . same as on this halving , if there are service related to it why not trust a few that is proven to be legit  ? 


the said hype are the ones that people also create  . its not just we think that halving can pump the price , but people are actually the one that does it . and  its now happening  , people now started buying and holding in preparation for the halving  . cant you see the price starts to increase now  ?

How about we handle it our own, it's better not to trust anyone or a 3rd party, what's important is to educate ourselves and do the right thing going to the halving. Eventually if people think halving will be bullish, there will be a hype and that would give us an opportunity to accumulate now and then sell later at a possible good return in just a short period of time.

Ill try to make it simple to you. Buying puts is like buying an insurance for a certain period of time. When you buy an insurance, you pay a small amount that is the insurance fee in advance and it covers your assets for any damages, or losses. Buying puts works the same way. You pay a small amount and a specific price so that, in an even in the near future..BTC market crashes hard.. you can claim insurance.which is the right to sell for the price you had set earlier. Basically, you earn more BTC..incase the price drops. You may ask, why not just Sell the BTC instead of buying puts and paying small trading fee? It gets a bit complicated here but in simple terms what you are trying to do is shorting BTC..which is dangerous for the market. The other scenario is when you are bullish. I'll write that in the future posts, just so I know people are following it and ask questions regarding the same, if there are any doubts. Options is a necessary tool for traders to have it in their grasp imho.

If we compare the market before halving in 2016, it still look similar to the present market. The FOMO is properly managed, I believe the control is for the best of the space , am beginning to trust the whales. Any bloated price can damage the process into the rally. The regular price trace back is enjoyable for me as I also check the fear and greed level of investors, every investors need loads of patience. It is possible this pump could hold the price above $9k throughout February.

I read the whole thread yet still find it hard to understand. I don't think there is much incentive for most people to look into options with how complicated they are, especially not with how little people know about the simplest form of trading.

I have seen a couple of options threads on this forum already and the general sentiment is that the people commenting just don't know what they are talking about. For their own wellbeing it's better that they do not look into options.

I mean, thats the simplest strategy there is. Buy a stock and hold until it rises up. With the help of Options trading, you can safeguard the current pricing there is, if you like where BTC is, and fear that it might go down. You could buy puts and set a desired price and pay a negligible amount of trading fees for a long or short duration. If it does go down, you get a chance to sell at the price youve set and if not, all youve lose it a negligible fraction of funds, just like an insurance. Other is Selling call options, Selling call options can enhance your earnings and mitigate against losses. When you sell a call option, you give the buyer the right to buy your crypto asset at the strike price on the expiry date. You will be paid an instant premium that’s yours to keep. For example: Sell a 1 ETH/USD call option with a strike price of $300 for 14 days. You will receive ~$3.00 from the Instant Premium up front and its yours to keep. If the price of ETH falls to $220, the Instant Premium would offset some of the loss. However, if the price of ETH rises to $300, the Instant Premium would boost your profit beyond $50. The key point is that the Instant Premium is yours to keep regardless. You can treat it as income or use it to buy protection for the portfolio. The next example will deal with protection. The final tip is to straddle. If you are happy with the way BTC is, and the market is volatile.. you want to maintain the price and earn if it does go up you can collar (Sell Call + Buy Put) for low cost hedging. The post is already pretty long, but all I'll say is in Collar/Straddle, you sell calls and with the premium earned you can finance your puts and be happy whichever way BTC goes. 

I can only understand your situation and what you feel towards this forthcoming bitcoin event, this is the first bitcoin halving I've experienced as a bitcoin trader/investor, and I've read so much positive information about it in the past and I know you have too, and that's the reason why you wish to accumulate bitcoins till that period and sell immediately afterwards.
I'll also buy bitcoins as I've been doing for sometime now, I'll closely be watching the period before and after the halving, this network can really be tricky, I would not do what I wouldn't ordinarily do, like buying "more than my pocket" and I wouldn't be selling immediately.

Yes, this is just the simplest strategy that you can find or use specially prior or after the halving.

You just have to invest on it, little by little and let your wallet grow and then waited it out on what will be the sentiments of the market. But as we all know, we've been hearing a lot of positive things right after the halving so it make sense to just buy and HODL on it. By just holding, you are being smart, of course it takes lot of psychology behind it, but if you want to make it simple as it is, then you can used this strategy.

buy when the spot market conditions are quite good, because there will be a possibility to go up. investing bitcoin in small amounts might be better this way, because if investing long term with small capital I think the income will not be big enough. but if it's ready with those rights then I think the biggest step is in him to determine the place.

There are two kinds on investor  short and long then there is a trader. As for me I am short ter investor and for a person like me halving is the right time to accumulate till end of April and then sell.

it is better not to take a risky step in the derivatives market, we can simply buy bitcoin on the spot market and hold it until the price increase momentum occurs, especially for holders under 1 btc. the estimated time is still unconfirmed because the market will surge hard for a year after halving, this is what I learned earlier, it is very dangerous to speculate with leverage.

People and investor mind with halving is time for buying and investing with bitcoin because halving could be most effective way how to see bitcoin on fire with higher price, many investor always check feed back how bitcoin become success on higher price last halving before and make decision with halving three months later become success again.

Yes there is, but more platforms, the better it is for the consumers.  You can arbitrage across platforms and try to get the best out value out of it. I do agree that market perception does dictate the price to an extent but you dont really have to trade options to Outsmart the market. You can use to as a way to secure your position incase of volatility and try to be profitable even on the worst case scenarios. Its not easy, but it is possible. At least use it as an insurance, if the market goes crashing in the near future. You can secure your position and stay happy. There are long term options like 6 months etc, if you are unsure how the market will progress in a short span of time.

option 1 :just hodl bitcoin before halving,a few days,then sell it, u will get a profit.
option 2 :just hold bitcoin for long time after halving,u will get more profit.
that the simple option on my mind.

Unfortunately we cannot estimate when market starts to react for this crypto space's most significant event. Yes, halving must be the most prominent event in entire crypto space but in the past markets just ignored it and traded like non-event for before six months and after six months as well. You need to wait for more than 8 to 10 months for FOMO to be formed so that market will enter into a true bullish trend. I am just talking about from what I had observed in the 2016 halving.

I guess there should be no need of any special way of trading with respect to halving; just continuing what we are regularly doing would be more than enough and safer method for any trader. Options trading is not at a recommended way of trading hence modifying something into it for the reason of halving is definite not a good thing to do.

You already have mindset bitcoin halving is not profitable event and should take safety for your asset, that pessimist or scare?. We can't push people into our decision but mostly I agree about safety, with out that lost will be ours. My prediction halving will make bitcoin dump but not far from $ 9.000 the safety is close all transaction before halving event. This time keep trade and invest in medium plan, majority us still need money for daily activity.

Well, this was your opinion but each everyone here in the forum had their own way of preparation for the bitcoin halving. I just really wish that this I must have at least a few capital to buy those coins that I like to get before the halving is happen for the coming month of May 2020, so that at least I could get a nice profit anyway.

I am not going all into the halvening, it is believed by a majority to have a positive effect on the market, as miners try to come with the halvening of their rewards, the price is expected to increase so that it can remain profitable. This, of course, does not always happen.
I'm buying as I normally would with my budget, Day trading options are always available, but as a longer-term holder, all you have to do is buy and hold. There are many indicators suggesting how to go do this.

There is already a bitcoin options platform with decent liquidity,
https://www.deribit.com/main#/options?tab=all

However I wouldn't be trading the halving, especially with options.

Why? The premium is just way too high and most likely on May 2020, nothing will happen. Maybe BTC will rally sometime late in the year or in 2021. Too many people are thinking they can outsmart the market because "Less supply, higher price" or "Because last 2 halvings were bullish". Look what happened with LTC. The price rose to the halving and then started to go back down. Basically buy the rumor and sell the news.

I understand that you are promoting your platform and I know that was a helping option for traders. But granting how the market it looks like, we can't say that most traders will take that options rather than to follow their own market trade strategies. What is in the mind of traders as halving fast approaching? They gonna make money at that moment and even don't follow such options as you've said.