Hedging Your Bitcoin and Other Cryptocurrencies Using the ETF BITO #BITO #Bitcoin #hedging

2 years ago
4

#shorts In the case of a market pullback, you can use BITO to buy and sell options or even short the market to profit while bitcoin is pulling back. And it's legal for US citizens! This sets up a hedged scenario where you lose less as bitcoin pulls back.

#bitcoin #ethereum #solana #avax #cryptocurrency #ripple #ada

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