Bullusd
BULLUSD (Y21.E1.P1).More to goHi all,
I'm sure not many people will post things like this, however since I bought in, I'll share.
PS. BULL tokens are contracts which give you x3 reward for every dollar and x3 loss for every dollar drop.
Did enter the ETHBULL as well.
If your interested, then ask.
All the best,
S.SAri
BTC (Y20.P5.E5).Macro. Maintaining the trend.BUTHi All,
If you were fortunate like me to recognise the signs on a big move, your flight to BTC or USD or combined would have paid off.
This time, I made the move, ditched most of my ALTs for High gains in BTC and after coming back from the gym, I was glad I made that move.
I did a post just before this one about the situation and my moves... I understand it takes trust and confidence to go with my suggestions, hopefully you will recognise my strategy and implement it yourself. Getting the BTC dominance right is a huge deal, it worked for me many times.
Moving on, here on the 8hrly, BTC is maintaining the trend and a nice bullish candle in the making.
Indicators are also showing a potential up move.
What is needed is the 8 hrly candle to close. We have a few hours to go so anything can happen.
I have posted the BTC or FTX BULLUSD token as I did buy some on that wick down and now i'm ahead.
I have my stop limits and if it ends up with a bullish candle, eg. no wick on the top side, I will buy with what little money I have (from ridding some of the ALts).
So in CONCLUSION:
======================================
We need the bullish candle close;
We need to see BTC dominance hold this level;
and we need to see the ALTs slightly drop more as it can be people flipping to BTC.
THE BEARISH NEWS:
======================================
We have onchain vs spot volume ratio indicating that we are weak\low and historically when this happened soon, price dropped significantly.
My thoughts, we might get another leg up in the 19400 to 19650 or so range and then it dumps.
This can be explained and likely as it approaches 20K, the psychological barrier.
So the onchain vs spot volume chart confirms or backs the thesis.
What do you think of this TA?
Please give me a like or tick for this post.
Thanks,
S.SAri
Financial Engineering on BitcoinOkay, here is a strategy to make more money using leverage, while at the same time risking less money, because your hedging your position with options. In other words, make more risking less.
But let’s put things into perspective. Option A: You buy Bitcoin at current price, $9,400 USD. If it raises to $20,000, as many expect, you make $10,600 USD or 112.77%. And if it drops to $6,500 USD, as some expect, you’ll lose $2,900 USD or 30.85%.
Here is option B:
And for that you will need an account in FTX: ftx.com
You buy $7,316.5 USD worth of BULLUSD tokens, ftx.com ,which currently trades at about $3,199 USD. Those BULLUSD tokens will pay you 3X the daily return you will get in BTCUSD, and they will compound it daily, so you may end up making more than a 3X return. Here is a video that explains it: www.youtube.com
And you also buy, as a hedge, right there on FTX, 2 BTC Put Options, with strike price of $9,400, and Expiration date of June 30, 2020, which should cover 2 BTC, at a cost of $1,041.75 x 2 = $2,083.5 USD.
In total, you would have invested the same amount as in option A.
Now let’s assume some scenarios, let’s say Bitcoin drops to $6,500 as some expect, in the first option you will lose 30.85%.
In the second option, those BTC Put Options would be worth $5,800 USD (($9,400-$6,500)x2), the BULLUSD tokens would probably had lost 60% of their value, but the other 40% would be worth $2,929.6 USD + $5,800 USD = $8,726.6 USD. Your loss would only be $673.4 USD or 7.16%, instead of 30.85%.
Now, let’s assume another scenario, let’s say Bitcoin jumps to $20,000 as some expect. In option A you would have made $10,600 USD or 112.77%.
In option B, your options would have expired worthless, but the 3x leverage tokes would have given you about a 400% return. 3X 112.77% plus a little more because of the daily capitalization.
So, the $7,316.5 investment in BULLUSD, would have grow to $36,582.5 USD, giving you a $27,182.5 return, minus the $9,400 USD, or 289% return. About 2.56 times more with less risk.
The worst-case scenario would be if the price stays flat, because you will lose the option premium and the BULLUSD tokens could deteriorate a little bite. So, you will probably end up loosing $2,400 USD in the worst-case scenario, about 25.5%.
Seeming that Bitcoin is close to break a triangle pattern, as shown on the chart, chances are it will move out of it way before June 30, 2020.
I hope you find this interesting and good luck to you.
ALL BULL and BEAR ARE SCAM, EXIT before your money goes to zero.Have you noticed that every time your BULL account is lower?
And even if BTC rises, it always continues lower and lower?
That's because they are robbing you.
I imagine you already noticed that on many occasions BEAR and BULL were at the same time in red with gigantic losses, however they were never at the same time in green.
That's what it's about, stealing from you.
Because it does not rise 3x with each bitcoin rise, it always rises less.
It also does not drop 3x, it drops much more, generally between 6 and 12x depending on the strength of the fall.
They made you believe that the graphs were paired, but they lied to you. They made up a story of illiquidity, and instead of correcting prices, they go on and on stealing.
I claimed in binance, but that's a Chinese mafia, they will never respond, they laughed in my face for more evidence that I showed them of the scam.
They know perfectly well that it is a scam, you get nothing with claiming.
What a theory says is one thing, what reality says is a completely different thing. It is a matter of taking calculations, it is not a matter of being mathematical geniuses.
EOSBULL is at 2.97.
EOS is for its part at 1.9 usd.
For EOS to regain the price on March 6, which was 3.8 usd, it must practically double.
If EOS doubles, the EOSBULL should triple. And if that happened, the EOSBULL would be at 9 (yesterday I did this same calculation and it gave 15).
Was the EOSBULL then on March 6 around 12? DO NOT. ON March 6 EOS was hovering around 90.
EOSBULL unfortunately should make an extra 1000% profit to just regain its value. And several days have passed and the trend remains the same.
All bull and bear are scams, ALL.