brewski1984
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What’s your view, did you get in early on Bitcoin?
What’s your view, did you get in early on Bitcoin?
A decent trader have access to similar speculative action in stocks and options , nothing new here in bitcoin for him .
... cant you partially close it to a position you can sleep with?
https://www.ig.com/uk/help-and-supp...nd-limits/how-do-i-partially-close-a-position
There are about 16.5M Bitcoins mined of which about 4M have been lost or thrown away or forgotten about.In other words, they are out of circulation which means there is even less supply than people imagine. Bitcoin mining also becomes more difficult as time goes on. There is a maximum of 21M and no more.
I'm quite enjoying being on the right side of this debate. There is no bubble going on here, just price movements based on imbalance between supply and demand. Anyone telling you that it's a bubble simply doesn't understand whats going on
Same applies to all legit cryptos. That's not to say that there are not scams out there. Cryptoland is full of scams.
No wonder the established order is running scared. A natural reaction when losing control
I'm quite enjoying being on the right side of this debate. There is no bubble going on here, just price movements based on imbalance between supply and demand. Anyone telling you that it's a bubble simply doesn't understand whats going on
Lol
Bitcoin is not limited , they can fork it at anytime and add supply as they wish infact just recently they forked it and added 21 million coins called btc cash and another 21 million coins in another fork and called it btc gold .
They tripled the supply technically .
Add to that if that's true then there are many limited coins out there as well like litecoin for example but it's price is just 90 dollars .
Even if it's limited that doesn't warrant the price for Bitcoin scam . These coins can be made out of thin air infact sharky can introduce his own cryptocoin and call it t2w , hell even make it more limited just 2000 coins .
Famous last words
No you cant close out partially so that you are left with less than the minimum position. If a hedge position is allowed then you could create a smaller size with two positions, i'm not sure if ig allow this, city index do. You'd be paying extra spread though.
But are we going up because bitcoin is genuinely worth that much now and more in the future or is it just because every man and their dog, cat and goldfish wants to buy it now and hoard it. Bitcoin isn’t the only one out there so why is bitcoin the one that’s going ludicrous, because it’s the most famous?