Trade Futures, Spreads and Options with Confidence.
Whether you prefer to buy something that’s up 100% or down on the year can say a lot about you as a trader. It’s the classic contrarian vs trend follower debate, and it’s playing out in spades among two of this decade’s most novel markets: cannabis and crypto.
This question can plague many attempting to act on what the data tells them, and it’s especially justified for volatile commodity markets like oil and natural gas. Thankfully, crude oil has been around for a while, and there’s enough data to both display an opportunity and measure the risk around it.
It’s time to sideline your opinions of crypto and take advantage of the unique opportunity in front of you. An asset class worth trillions of dollars has sprouted up and developed before traders’ very eyes.
It’s time to sideline your opinions of crypto and take advantage of the unique opportunity in front of you. An asset class worth trillions of dollars has sprouted up and developed before traders’ very eyes.
With two cryptocurrencies – Bitcoin and Ethereum – now well above $100 billion in market capitalization and the former nearing $1 trillion, it appears as though all this crypto stuff isn’t going away.
Ethereum – a cryptocurrency with a $400 billion market capitalization that’s second in the space only to Bitcoin* – fell more than 25% from its highs of a week prior at one point last Tuesday, September 7th. Nasdaq futures made new all-time highs the same day.
Just two months into 2021, ephemeral infatuations with Shiba Inu-based cryptocurrencies and video game retailers have subsided, but yields have continued to keep pace with more enduring trends like the bullish run in Bitcoin.