The low risky way to hold Bitcoin. Buy Bitcoin now, i can't wait anymore

[yarlungzangbo]

Recently , the news about Grayscale was shocked me, they bought over 60k bitcoins in the past 100days , that means GBTC are holding 300K+ Bitcoins now.
And the fund from America like Renaissance Technology ,Paul Tudor Jones are both joined CME bitcoin futures trading, i think it means a lot.

Maybe this year , the market will have big change,  individual investors are losing their advantage now.

So i bought BTC last month it cost about 1/2 of my assets and i will show what did i do:


1. I bought BTC at binance
2. I will withdrawl the most part of my bitcoin to my personal address
3. The other part of bitcoin were transfered to my deribit account
4. Long put options at deribit , the position almost equal to point2 , the expiration is June20

 

What will i get?

1. I will hold my Bitcoin by myself
2. I will never got liquidation by any contract
3. If Bitcoin pump to a high price, i only lose my premium but i earn more
4. If Bicoin drop to a low price, i won't lose much money and i will earn more Bitcoin
5. If Bitcoin to da moon, se ya all guys on the moon :p

[1714719958]

1714719958

[1714719958]

1714719958

[1714719958]

1714719958

[1714719958]

1714719958

[mk4]

2. I will withdrawl the most part of my bitcoin to my personal address( will do and show txid here.)

You really don't need to show us proof here.

4. Long put options at deribit , the position almost equal to point2 , the expiration is June20

I'm personally long bitcoin on the long term, not sure if that position is a good idea though, as I'm quite short on bitcoin in the short term(though I'm not placing my bets), and 1 month is quite a short and risky timespan. Best of luck with that bet.

[Sanitough]

If big investors are buying, this will make bitcoin more volatile, of course it could go pump and dump anytime but the fact that they are buying, they should be seeing something big coming in the future. Holding that amount, we can already consider them as one of the whales.

For small investors like us, we can always hold, if the market will pump or will start its bull run, it could come anytime, just like in the past, we haven't expect it so we didn't see it coming but the market is proven to be bullish even in just a very short period of time, which we could see it happen again.

[Latviand]

If big investors are buying, this will make bitcoin more volatile, of course it could go pump and dump anytime but the fact that they are buying, they should be seeing something big coming in the future. Holding that amount, we can already consider them as one of the whales.

For small investors like us, we can always hold, if the market will pump or will start its bull run, it could come anytime, just like in the past, we haven't expect it so we didn't see it coming but the market is proven to be bullish even in just a very short period of time, which we could see it happen again.

This is just like a play safe strategy, you don't want to deal with the risks, you will just be careful about your moves in investing bitcoin that's why you prefer to hold. There's nothing wrong with that, but you also need to learn that sometimes you need to buy and sell bitcoin depending on the timing where it is necessary for you to do that.

You can't defy the risk, but if you practice risk management in your trading strategy, it will become more profitable to you as you minimize the risks. Our predictions and speculations will serve as our basis in the actions that we will do with our assets. Whales are also dependent on the market just like most of us, the only thing that they do is to hold more bitcoin without really doing what is necessary for their investment. They are the first one to suffer when to bitcoin's price drop for a long period of time.

[SvonioneFromMangoCoinz]

I think this is a fairly hasty decision for you. you are losing the patience of the whales and being forced to buy at such high prices. After a few more weeks the bear team will just wake up and maybe you can buy it for a better price. Listen to me, you should sell 2/3 of the bitcoins you have bought now and hold USDT. In just a few weeks, you can buy 10 - 15% cheaper.

[BitcoinTurk]

You don't need to prove that you bought here, after all you just shared your ideas and thoughts. Also, I would like to say that although it is a positive thing for a person or a business to buy so much, it is not a good thing for a single person or a business to have so much Bitcoin. Yes, there may have been such a large purchase with the bullish prospect, but it should not be forgotten that with such a large amount, a very serious sales wave can occur and the price can vary greatly. On the other hand, although your transaction is profitable now, there is a possibility that you may have panic buy because of the news you read.

[yarlungzangbo]

2. I will withdrawl the most part of my bitcoin to my personal address( will do and show txid here.)

You really don't need to show us proof here.

4. Long put options at deribit , the position almost equal to point2 , the expiration is June20

I'm personally long bitcoin on the long term, not sure if that position is a good idea though, as I'm quite short on bitcoin in the short term(though I'm not placing my bets), and 1 month is quite a short and risky timespan. Best of luck with that bet.

Yeah, i bet on market drop, then i may earn more coins! :p

[vennali]

2. I will withdrawl the most part of my bitcoin to my personal address( will do and show txid here.)

You really don't need to show us proof here.

4. Long put options at deribit , the position almost equal to point2 , the expiration is June20

I'm personally long bitcoin on the long term, not sure if that position is a good idea though, as I'm quite short on bitcoin in the short term(though I'm not placing my bets), and 1 month is quite a short and risky timespan. Best of luck with that bet.

Yeah, With BTC going back close to 9.1k. I have my fingers ready to trigger a long call at Sparrow Exchange. I understand why OP has long puts though. You gotta be very careful with crypto, especially being so volatile.

OP have you tried Sparrow Exchange? Deribit is good with all the options but, With Sparrow's new mobile friendly UI. Trades are essentially just 1 click away. Its a lot simpler to trade.

[bitgolden]

Yeah, I agree with everyone that you do not have to show proof because that is a sensitive document and should be kept to yourself just in case for security reasons. Aside from that there are tons of people who are doing this, the risks involved are minimal but there is also not as much money to be made from it as you might imagine. There is of course some profit to be made but not that much.

Hence, this is basically a method where you are not as little investor as someone who buys few hundred bitcoin and hodl, but you are not profiting like a guy who leverages 100x to right direction neither, its right in the middle. I like being in the middle, it allows you a lot bigger wiggle room and that is fine, however do not think of this as zero risk at all because its not zero.

[Findingnemo]

Buy bitcoin and hold it for years, that the simple way to make profits from bitcoin but if have time and money and wanted to take more risks for more profits then there are lots of options available for you!

[Kasabus]

Buy bitcoin and hold it for years, that the simple way to make profits from bitcoin but if have time and money and wanted to take more risks for more profits then there are lots of options available for you!

Hodling is still the simplest and safest way to make profits but it might take a long span of time. But i don't think that we should expose our total amount of holdings here in the forum because it's should be kept privately. It's very clear that OP is a big investor and his great investments might cause more volatility on bitcoin's price in the market.

[Twinkledoe]

Buy bitcoin and hold it for years, that the simple way to make profits from bitcoin but if have time and money and wanted to take more risks for more profits then there are lots of options available for you!

Hodling is still the simplest and safest way to make profits but it might take a long span of time. But i don't think that we should expose our total amount of holdings here in the forum because it's should be kept privately. It's very clear that OP is a big investor and his great investments might cause more volatility on bitcoin's price in the market.

And also, no one is asking about his btc holdings. It is better to keep those info to himself. Long term holding is fine as long as you know the risks involved and you don't need the money immediately. I also believe in bitcoin's potential in the future. But don't brag to others about how much btc you have, you'll never know what you will encounter in this forum.

[Oceat]

Is it too early to decide with that? I guess so. Well, if you want to commit a longer term investment then do what you must but you should also know that we haven't seen the bottom yet I'm sure there's another drop coming since the Bitcoin halving is done but don't worry this is also a part of growing. I can recommend only is to buy each time you see an opportunity (a dip), because no one is sure about the market's movement so this is the only assurance you could get if you are planning for a long term investment.

[stomachgrowls]

Buy bitcoin and hold it for years, that the simple way to make profits from bitcoin but if have time and money and wanted to take more risks for more profits then there are lots of options available for you!

Hodling is still the simplest and safest way to make profits but it might take a long span of time. But i don't think that we should expose our total amount of holdings here in the forum because it's should be kept privately. It's very clear that OP is a big investor and his great investments might cause more volatility on bitcoin's price in the market.

And also, no one is asking about his btc holdings. It is better to keep those info to himself. Long term holding is fine as long as you know the risks involved and you don't need the money immediately. I also believe in bitcoin's potential in the future. But don't brag to others about how much btc you have, you'll never know what you will encounter in this forum.

For security then its really a bad idea on where you do share up on how much you had invested or some sort but actually no one can stop if you do really tend to share it up and since this is a forum then everyone has the right to speak even if it would particular talks about his investment.

The thing here is that you do know on how to secure things up because no matter how youd share up, no one will able to scam nor hack you.

In op, this is just a simple show off regarding into his investment and we do all have that long term views towards it.The difference here is that hes been
futures trading.We `do all have our own ways and decision but we shouldnt really forget about the risk involved.

[Kemarit]

I would agree that everyone should buy Bitcoin specially today that the price is going down. But if I may just add, it's easy to buy, but do you have the mental toughness to go long? That's the question that everyone should understand, because it takes a lot of psychology behind being a holder. How will you react if you see your portfolio going down? As for the strategy, well if the OP thinks this is best strategy, then we can't argue and it looks like he laid it down nicely.

[sheenshane]

I would agree that everyone should buy Bitcoin specially today that the price is going down. But if I may just add, it's easy to buy, but do you have the mental toughness to go long? That's the question that everyone should understand, because it takes a lot of psychology behind being a holder. How will you react if you see your portfolio going down? As for the strategy, well if the OP thinks this is best strategy, then we can't argue and it looks like he laid it down nicely.

I think that was most of the problem of those investors they didn't know how Bitcoin work, they want to have quick profit.
The options of OP, probably bad at all, most traders are already comfortable using USDT for hedging. I understand that options may secure my holdings and I thank you for sharing this for it can also be helpful to those who may appreciate the use of options but the more we insist this thing the more they will resist. Moreover hodlers may somehow get the use of options when they realized the advantages of it.

However, ain't against those who don't want the idea of options but for me it is like additional security for my bitcoins.

[TravelMug]

I would agree that everyone should buy Bitcoin specially today that the price is going down. But if I may just add, it's easy to buy, but do you have the mental toughness to go long? That's the question that everyone should understand, because it takes a lot of psychology behind being a holder. How will you react if you see your portfolio going down? As for the strategy, well if the OP thinks this is best strategy, then we can't argue and it looks like he laid it down nicely.

Indeed, you really need to have the courage here, whatever plans you have because we all know that bitcoin is really a volatile assets. And that's why we always heard 'weak hands' here, a term for those who get nervous and easily affected by huge drops, and the only thing they think is to get out by selling their assets. And I don't think that individual investors are losing their advantage, as majority just keep buying in dips and holding, simple but yet effecting strategy.

Him showing his strategy, maybe he was want some validations from other members here. But I do hope that the OP will come back months later to tell us what had happen to his strategy.

[bitgoldpanther1978]

Recently , the news about Grayscale was shocked me, they bought over 60k bitcoins in the past 100days , that means GBTC are holding 300K+ Bitcoins now.
And the fund from America like Renaissance Technology ,Paul Tudor Jones are both joined CME bitcoin futures trading, i think it means a lot.

Maybe this year , the market will have big change,  individual investors are losing their advantage now.

So i bought BTC last month it cost about 1/2 of my assets and i will show what did i do:


1. I bought BTC at binance
2. I will withdrawl the most part of my bitcoin to my personal address
3. The other part of bitcoin were transfered to my deribit account
4. Long put options at deribit , the position almost equal to point2 , the expiration is June20

 

What will i get?

1. I will hold my Bitcoin by myself
2. I will never got liquidation by any contract
3. If Bitcoin pump to a high price, i only lose my premium but i earn more
4. If Bicoin drop to a low price, i won't lose much money and i will earn more Bitcoin
5. If Bitcoin to da moon, se ya all guys on the moon :p

It doesn't matter if you shows proof that you bought Bitcoin. The important is anyone who are planning to buy bitcoin is good if they do it now.
Because I know buying at the moment is the good chance, if we want to have big savings in the future. While waiting, we can do day trade for the mean time so that we can still have a source to gain in crypto although there is a little bit risk of it.

[yarlungzangbo]

Yeah, I agree with everyone that you do not have to show proof because that is a sensitive document and should be kept to yourself just in case for security reasons. Aside from that there are tons of people who are doing this, the risks involved are minimal but there is also not as much money to be made from it as you might imagine. There is of course some profit to be made but not that much.

Hence, this is basically a method where you are not as little investor as someone who buys few hundred bitcoin and hodl, but you are not profiting like a guy who leverages 100x to right direction neither, its right in the middle. I like being in the middle, it allows you a lot bigger wiggle room and that is fine, however do not think of this as zero risk at all because its not zero.

Yes, sir. I think i will not proof anything again. I agree with you that this is not good as zero risk, but to me the risk is Fixed that is really imortant

[Jating]

Yeah, I agree with everyone that you do not have to show proof because that is a sensitive document and should be kept to yourself just in case for security reasons. Aside from that there are tons of people who are doing this, the risks involved are minimal but there is also not as much money to be made from it as you might imagine. There is of course some profit to be made but not that much.

Hence, this is basically a method where you are not as little investor as someone who buys few hundred bitcoin and hodl, but you are not profiting like a guy who leverages 100x to right direction neither, its right in the middle. I like being in the middle, it allows you a lot bigger wiggle room and that is fine, however do not think of this as zero risk at all because its not zero.

Yes, sir. I think i will not proof anything again. I agree with you that this is not good as zero risk, but to me the risk is Fixed that is really imortant

I guess everyone here is really different, as far as risk-reward is concern. And it goes that OP wanted to have less risk that's why he opted to have this kind of strategy. While there could be majority of us here who goes with 100x leverage, so each its own strategy.

And it boils down as well to have much money you wanted to profit, hence the less risk involved. "Going to the moon" though is very different, we may see a lot of bumps along the way and new all time high can be breach this year or 2021, nobody knows. Stick with your strategy and see how it goes and hope that there are no regrets on your part.

[wozzek23]

1. I bought BTC at binance
2. I will withdrawl the most part of my bitcoin to my personal address
3. The other part of bitcoin were transfered to my deribit account
4. Long put options at deribit , the position almost equal to point2 , the expiration is June20

I have not heard about the Deribit you're talking about, I guess I will have to do my research and understand it better. The ones I know, like crypto.com, you just have to invest and hold your coins and when the price goes down your coins will still go down with it, except that they are giving 7 to 8% of your amount of assets to you annually and another one is freebitco.in where they are paying 4% interest for our bitcoin balances on daily basis and it will be available at any time without any restrictions and there is no locking period before you start earning daily interests.

I don't really do much apart from invest into bitcoins and Hodl , don't really consider other options there are. But, this Deribit you have mentioned here seems to be quite interesting since I wouldn't have anything to lose, even if I do it wouldn't be much, and that's if it's legit.

[gantez]

Buy bitcoin and hold it for years, that the simple way to make profits from bitcoin but if have time and money and wanted to take more risks for more profits then there are lots of options available for you!

Trading is one option surely. But many people fear to trade because of the risk that is attached to it. Anyway, if you are positive about trading, is one aspect of enjoying the high value of bitcoin. I do like to trade bitcoin but carefully and try to take low risk.

[Findingnemo]

Buy bitcoin and hold it for years, that the simple way to make profits from bitcoin but if have time and money and wanted to take more risks for more profits then there are lots of options available for you!

Trading is one option surely. But many people fear to trade because of the risk that is attached to it. Anyway, if you are positive about trading, is one aspect of enjoying the high value of bitcoin. I do like to trade bitcoin but carefully and try to take low risk.

Afraid of losing their capital is one reason but not everyone have the intention of making money in short term so they are not trying trading, they just keep investing a part of their income every month like a traditional and conservative method.

[MCobian]

The longer we hold bitcoin, the lower the risk. If you buy bitcoin now, you can make profits with low risk. In a way hold bitcoin
for at least 1 year. But since 2014, I've been used to holding bitcoin in long-term. There are even some bitcoins  that are I bought
it in 2014, and I still hold it until now.

[khaled0111]

So your strategy is basically to use a small portion of the bitcoins you bought and use it to bet on prices drop!

Interesting, but am not sure this strategy will always work.
Let's say, after one month, bitcoin price only rise by 0.001%! In this case you will earn will not cover your losses on deribit.

[ScamViruS]

The easiest way to make a profit is to buy and hold Bitcoin. If you are thinking of making a profit very quickly, there will be a chance to make a big loss. Most crypto traders lose their bitcoins in the hope of quick profits. So the easiest way for me to make a profit is to hold Bitcoin for a few years.

In fact, no platform will allow you to make a profit easily unless you read the market properly. The strategy you are talking about. We have to think about how effective it will be. I try to buy bitcoin with extra money of my income every month. And I think that’s the best way for me.

[FanEagle]

Honestly the riskless method doesn't exist.

This is trading and in every trading there is some risk. Definitely you can drop that risk as low as it gets but we can't say there is zero. The only method I know that has the lowest risk is basically putting all your money into bitcoin and waiting for it to go up because it eventually does, always. Even if you bought at 20k, that will eventually be reached, it took so many years but I believe eventually we will be above that as well but waiting part is the risk part there.

So, there is no method that is riskless, but there are methods to lower the risk, some people literally do 100x leverage margin trading to make the most amount of money they could by risking a lot, but those are also the same people who make a ton of profit too.

[abel1337]

The easiest way to make a profit is to buy and hold Bitcoin. If you are thinking of making a profit very quickly, there will be a chance to make a big loss. Most crypto traders lose their bitcoins in the hope of quick profits. So the easiest way for me to make a profit is to hold Bitcoin for a few years.

In fact, no platform will allow you to make a profit easily unless you read the market properly. The strategy you are talking about. We have to think about how effective it will be. I try to buy bitcoin with extra money of my income every month. And I think that’s the best way for me.

Big and fast gains mean big risk, Of course earning slow doesn't mean it does have low risk, We should earn profit as smart as possible because holding bitcoin for a few years is considered as an investment and using the money you plan to invest in bitcoin to different things would possibly make you earn more money comparing to the timespan you wait for bitcoins value to go up. And yeah, Investing it and waiting for a long time is a safe way because most of us cryptocurrency users are believing and expecting to see bitcoin value to go up.

The risk is always there and we can't avoid that. Lowering the risk by using different methods is a smart way for me.

[Paycoinzzz]

Although bitcoin at $ 9k2 now is quite cheap compared to the future, I still want to maximize my profits. Bitcoin halving will often cause the price of bitcoin to plummet after the event is over. Now prices are sideway but in a downtrend. There is a high possibility that there will be a strong dump that will make investors lose money and then the whales will push its price higher. Now we can wait for bitcoin to drop to $ 8k5 or $ 8k3 to buy. We will buy it at a profit of over 10%.

[LbtalkL]

Even without those big investors, Bitcoin is still the safest asset in cryptocurrency but yeah those big investors will help and encourage some individuals and other companies to invest in bitcoin. Why transfer from Binance to deribit when Binance has already futures trading? What features does deribit have? I am not familiar with that platform. Futures trading is risky Even you set stop loss, you will still lose if the market does not go to your analysis. I prefer Spot trading for now. 

[Yamifoud]

Although bitcoin at $ 9k2 now is quite cheap compared to the future, I still want to maximize my profits.

Nah, we can compare bitcoin in the past but not it's future since we don't know anything for the incoming.

Bitcoin halving will often cause the price of bitcoin to plummet after the event is over. Now prices are sideway but in a downtrend. There is a high possibility that there will be a strong dump that will make investors lose money and then the whales will push its price higher.

We are hoping that halving will have a positive response. But then, we have to wait for it for some more days and could probably months. If we are buying Bitcoins today, it is expected to hold a little bit longer. Now the biggest challenge is how to push ourselves to be patient enough and wait for that moment to come.
Well, it is to hope that there is no market manipulation and that whales will be helping the market to recover and not by dragging it to dump. Otherwise, small investors will be suffering big losses.

[Assface16678]

We all know that trading is one of the riskiest things we have into the world of cryptocurrency and trading is one of the best ways to make earning and losing too. I think you are currently having a trades on Binance spots it takes time before you will get your profit there because only over two percent of the income you will get but still it is your choice to make an investment one of the best techniques spots trading are buying when the price goes dip and sell when the moons come.

For me it is better you can make a huge market income when you will go on the binance futures because it is easier to make an income and also you do not need to wait for a long term market and you can be a daily or a weekly trader.

Although bitcoin at $ 9k2 now is quite cheap compared to the future, I still want to maximize my profits.

Nah, we can compare bitcoin in the past but not it's future since we don't know anything for the incoming.

Bitcoin halving will often cause the price of bitcoin to plummet after the event is over. Now prices are sideway but in a downtrend. There is a high possibility that there will be a strong dump that will make investors lose money and then the whales will push its price higher.

We are hoping that halving will have a positive response. But then, we have to wait for it for some more days and could probably months. If we are buying Bitcoins today, it is expected to hold a little bit longer. Now the biggest challenge is how to push ourselves to be patient enough and wait for that moment to come.
Well, it is to hope that there is no market manipulation and that whales will be helping the market to recover and not by dragging it to dump. Otherwise, small investors will be suffering big losses.

On trading futures it takes time before you will grab the good opportunity when is the best thing to buy long or sell short because the market are volatile and there is a chance that your money will be gone by having a bad market prediction that we called as liquify always aware if you already gained merit it is good you don't need to aim more profit and loss all of your money.