Author

Topic: The Lowest-Risk Way To Make A Killing From Brexit (Read 266 times)

legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
Why
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
http://seekingalpha.com/article/3982134-lowest-risk-way-make-killing-brexit

Quote
The Brexit vote is an extraordinary opportunity to make a huge sum of money. This also opens up the possibility of a huge loss if you bet on the wrong outcome though. At least that's what you would expect the risk/reward ratio to be in an efficient market.

There is a market, though, with significant Brexit exposure and a strongly lopsided risk/reward ratio. This market is young and so many of the inefficiencies have yet to be weeded out - making it easier to predict future price action. Specifically, the market is strongly momentum based.

This market is the Bitcoin (BTC) market. Considered to be a possible replacement for gold in the global economy, Bitcoin and gold prices are strongly correlated with both being seen as "safe haven" investments. Of course, the possibility of a Brexit has sent both higher and a "Leave" vote would lead to significantly higher re-pricing
.
Jump to: