A crumbling stock market could create profitable opportunities for Bitcoin traders

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

As the stock market goes down, the Bitcoin market could present profitable trades to those prepared.

Some of the biggest companies in the world are expected to report their 2Q earnings in October, including electric automaker Tesla on Oct. 18, tech giants Meta and Microsoft on Oct. 24, Apple and Amazon on Oct. 26 and Google on Oct. 30. Currently, the possibility of an even more severe global economic slowdown is in the cards and lackluster profits could further add to the uncertainty.

The companies that comprise the S&P 500 account for an aggregate $32.9 trillion in value and crypto investors expect some of those bets to enter Bitcoin if earnings season fails to sustain a modest growth — signaling the stock market should continue to underperform. By trading multiple call options for the same expiry date, traders can achieve gains thre times higher than the potential loss. This options strategy allows a trader to profit from the upside while limiting losses.

Derivatives exchanges price contracts in BTC terms, and $19,222 was the price when this strategy was quoted.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 562. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Do youu know what iss happening on 1Inch

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Next few weeks are 'critical' for stock market and Bitcoin, analyst saysFind out why the next few weeks will be 'critical' for both the stock market and Bitcoin in our latest interview with alessiorastani alessiorastani This is insane game moodifier alessiorastani Hmm 🤔 alessiorastani Sounds like I should spend more USDT on the dips.
Источник: Cointelegraph - 🏆 562. / 51 Прочитайте больше »