The faggots at the SEC have been trying to destroy Bitcoin, alongside all homosexual central banks. The net result is BTC is +82% for the year and had proven to be a risk off hedge in the face of a banking crisis.
It’s important to place things into perspective as well. The NASDAQ is up more than 30% and the risk on crowd is firmly in control of this shit-show. I am looking down the road for blockchain uses and view the advent of AI as a prime driver in the demand for transactions or IP to be verified on a place, such as Le Blockchain.
That being said, I am awfully BOOLISH on BTC here and now and am thinking about purchasing some calls on BITO or maybe MARA going out a year. The risk with MARA is the potential of something going awry with the company. Even so, owners of MARA enjoy the most liquid options and also a 3x return of whatever BTC does.
Above is option volume for today for crypto miners. As you can see, no stock even comes close to the liquidity of MARA — which opens up an entirely other possibility of GAMMA squeeze on the stock if and when BTC really busts loose.
I covered most of my shorts and have been buying all day and have PINNED myself to session lows somehow — off by 1.47%. How I did this remains a mystery. But I am optimistic that I can reduce said losses and set myself up for a brighter future.
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