Re:Trader Made 295% on Cryptocurrency Derivatives
by lawn on Wednesday September 27, 2017 @11:46AM
(#15348972)
Yes. The price of Bitcoin was ~$600 12 months ago, ~990$ Jan 1st and it's now ~4080$. Trading should be compared against simply holding, otherwise what's the point?
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Re:Trader Made 295% on Cryptocurrency Derivatives
by weavie on Wednesday September 27, 2017 @12:29PM
(#15349440)
You want to compare it against holding through market fluctuations. Sure holding would have been better this year. Should bitcoin crash next year, it will be interesting to see if he is still in profit or not when the person holding is down. I assume this is why he is currently not up against holding, because he has spread his risk to accommodate any crashes.