Actually, trading bitcoin futures can be profitable all the time. Don’t miss the strategy I am going to share:
(I’ve used this strategy for half a year and kept my investment being profitable. In some ways, this strategy should be defined as a profitable strategy without any risk )
For example, now the Bitcoin price is $10,000:
Open long 20X Bitcoin with $800;
Meanwhile, buy 2 put options contracts on BitOffer.com (the total budget is $60).
After then, there will be 4 situations:
The first situation: When the Bitcoin price increases by $200 (+2%):
Open long 20X Bitcoin: Earning 40% profits, $320.
Lose the premium that you use to buy put options contract: -$60.
The net profit will be $320-$60= $260.
The second situation: When the Bitcoin price decreases by $200 (-2%):
Open long 20X Bitcoin: Losing 40%, $320.
The Put Options contracts You buy earn $400.
The net profit will be $400-$320–$60=$20.
The third situation: When the Bitcoin price increases by $500 (+5%):
Open long 20X Bitcoin: Earning 100% profits, $800.
Lose the premium that you use to buy put options contract: -$60.
The net profit will be $800-$60=$740
The last situation: When the Bitcoin price decreases by $500 (-5%):
Open long 20X Bitcoin: Your account has been liquidated, -$800.
The Put Options contracts You buy earn $1,000.
The net profit will be $1,000-$60-$800=$140.
(Even your account has been liquidated, you still earn money from the Bitcoin market.)
Notice that only Options trading on BitOffer.com allows the strategy I shared above to work.
BTW, when the market remains sideways, you don’t have to use this strategy to hedge because it will make no sense.
Try it, and you will find out why institutions keep earning profits from the finance market.
Topic: Sharing my hedging strategy of trading Bitcoin futures (Read 101 times)
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