Topic: Hedging (Read 1200 times)
Yeah, the only hedge right now is going into your parent currency and then back into bitcoin.
Be interesting to see options pop up here.
Be interesting to see options pop up here.
You can always hedge by selling a percentage of your holdings. If it goes down, buy back in!
I think pretty much everyone agrees that Bitcoins are very volatile... nothing new there.
Mt Gox is working on some option trading arrangements with BTC. Still "coming soon."
Mt Gox is working on some option trading arrangements with BTC. Still "coming soon."
Ok guys, after a day where the price of bitcoin has gone from 30 - 20, am I the only person who is thinking that this currency is so damn volatile!
Would it be useful for businesses working in bitcoins to be able to hedge against big currency movements? Maybe someone should organise some bitcoin forex derivatives?
Would it be useful for businesses working in bitcoins to be able to hedge against big currency movements? Maybe someone should organise some bitcoin forex derivatives?
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