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October 22, 2014, 10:59:22 PM |
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As a finance professional and cryptocurrency enthusiast, I'm offering simple stock tips for BTC tips (not meant to be a money-making scheme).
*I encourage you to take the information provided as opinionated advice only, and not as a guarantee of returns.*
"Must-haves" - An individual, online trading account. - Access to stock-related price & news updates. - Capital that is unbound and can be subject to loss, as the stock market is susceptible to fluctuation. - A "level head", due to the previous request.
As an example of my efficacy, I foresaw the recent volatility as imminent at the beginning of the month (after all, October is a month that is statistically consistent with regards to being volatile as earnings reports set the tone for the months to come). Series of events below.
1. Purchased volatility derivative w/ ticker symbol "UVXY" @ $21.98/share. 2. Road the price to $49.68/share and Sold on intuitions of renewed bullish market perception, followed by a Short at $48.52/share. 3. Price came down as expected, and the Short order was filled with share price @ $31.55.
This cycle ended Monday (10/20/2014), not even a month after the initial position was taken.
Keep in mind that taking position in volatility-related securities is considered to be of very high risk. But, if you feel so inclined, you can take a look at the price history of the example given to see why I was fairly confident in the initial position.
The advice that I can/will provide will be conducted on an individual basis via BitcoinTalk personal messaging, with ability to be taken out of site for involved-party convenience.
The market is a rough field to play in, don't go in without excessive research and a respectable understanding of the fundamentals within.
This advisory "service" is offered on a BTC tips-based payment system, and will only be carried out given an appropriate amount of interest is at hand.
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