I wanted a hedge to protect against a sudden drop in bitcoin price so I created the SLV fund on the GLBSE. It's a fund that tracks the price of silver in bitcoins. If the bitcoin price drops, the shares of the fund go up. It's been a pretty good hedge so far and gained 22% yesterday when the bitcoin price dropped. It also pays a daily dividend through the end of the year. It's the best bitcoin hedge I've found so far. More info in the link below:
https://bitcointalksearch.org/topic/fund-closed-45586
Topic: Hedging? (Read 538 times)
I want to learn about Silk Roads hedging system and any others that may offer this.
With the way the market has been moving, being trolled constantly by villains and panicing,
I'm getting very curious about using the hedging systems so I don't lose out on my net worth while day traders, bot runners and others are gaining.
With the way the market has been moving, being trolled constantly by villains and panicing,
I'm getting very curious about using the hedging systems so I don't lose out on my net worth while day traders, bot runners and others are gaining.
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