Yes. Expirations doesn't matter as you can just roll them

To have exposure without owning the coins you can use ... eToro

I use Binance, the largest exchange in the world and Binance.us if you are in the US. If you have a significant amount you really need to buy a hardware wallet to secure (and own) your bitcoins. Ledger is great (I have a few), Trezor is also widely recognised. -> Make sure you understand how they works before transferring anything on them.

You'll need to set up a bitcoin account with any of the biggest brokers, It takes time.

Yes, that is my choice right now. I might get back in at some point.

Right ... I meant to say USD/GBP, USD/JPY ... not the actual pair I used. Someone suggested buying the UUP ETF as that will accomplish a similar objective. Would love to see a primer on trading currencies if anyone can provide. Thanks!

I dont see the 'buy dollars' in selling GBP/JPY Thomas

No...

Currencies are lower vol so you can size accordingly with you step loss in place

just noticed... u mentioned the futures in the conclusion sorry and thanks for the timely updates

For security you have 2 options. 1) Trust a third party and leave your coin on an exchange (there is a real third party risk as this is a nascent industry). The most trusted one would be Binance & Binance.us (if in the US) as they have hundreds of millions in reserve in case of an unforeseen event (like a hack). 2) Trust yourself (what I do). Buy a hardware wallet (Ledger or Trezor) and transfer your bitcoin on it. Now be careful if you loose the device AND you loose the secret 24 word password that goes with it, NO ONE will be able to access your fund and they will be lost forever. You need to keep that 24 word password SAFE and SECRET as anyone with them will be able to access your fund. If you know what you are doing, this is by very far the best way to keep your bitcoin as no one (no government, bank ...) can access them.

Looks like you got your chance today

I'm in this boat too - would love to hope on the train but can't catch a stop with it falling like this and wondering about just jumping in regardless. Also, what security are we talking about here for copper...just Copper Futures?

If you want to buy bitcoin same day in any amount and take possession I recommend www.rockwelltrades.com In full disclosure my firm owns www.rockwelltrades.com

I am using eToro. They have military grade security. They are a very well funded company. The ease of use is excellent. If you are uncomfortable with them holding your keys, they also have a wallet and you can xfer your coins from eToro to your wallet (and even transfer to non-eToro wallets from there). I have not done that yet even though it goes somewhat against the Bitcoin ethos (not your keys, not your coins :-). I believe that custody is not a bad thing especially with a trusted source, but in the end having your own wallet is probably the best way to hold BTC.

I use Binfinity, but there are plenty of other good exchanges listed below. Binfinity is set up for institutional trading and there is lots of other great stuff, but I'm an investor in both Binfinity and Realvision so am biased :-).

Great stuff guys. I am going to look at all these option this week.

Once you have Bitcoin, you can use it at deribit.com to buy call european-style options (as well as puts or buy/sell futures). I highly recommend deribit. Also, check out deribit's Position Builder at pb.deribit.com to plan and visualize your positions.

I use Gemini. Had more than $1 million go through them multiple times without a hitch.

To have exposure without owning the coins you can use ... eToro

I use Binance, the largest exchange in the world and Binance.us if you are in the US. Agreed that if you have a significant amount you really need to buy a hardware wallet to secure (and own) your bitcoins. Ledger is great (I have a few), Trezor is also widely recognised. -> Make sure you understand how they works before transferring anything on them. For options on Bitcoin you can use FTX that have calls & puts for bitcoin. You might wan't to buy a few ETH (Ethereum) as the price is very good right now and they have the largest amount of developers / Partnership / corporation supporting them and really unlock the power of blockchain.

Coinbase, Kraken are good. It takes a while to open an account though. Also worth mentioning that when you buy bitcoin from an exchange, buy some hardware like Ledger and transfer it to that so even if an exchange gets hacked or closes your bitcoin is safe.

I've been in this space for quite a while, have coded my own wallets, and here is my opinion for what it is worth. Regardless of where a programmer is working in the crypto-space, the overwhelming majority would agree that Bitcoin (BTC) is the safest system out there. It is the oldest, most battle hardened, most adopted institutionally, and it is also the simplest system. Simple is important. Bitcoin was also designed for exactly what we need right now: a safe place to store your wealth. I am quite sure that in a run up, there will be other cryptocurrencies that will do better percentage wise, but they will also do worse on the downside as history has shown. For the severity of what we are facing, there is no need to try to get tricky particularly if you are not a programmer who is familiar with this space. The upside will be good enough with BTC. If you can get 10X returns in this environment with BTC, don't worry about somebody else possibly getting 15X.

I am wondering the same thing. Any guidance would be appreciated.

Paying $3k here to get free twitter access ;)

Break it up into deposits which are protected by the FDIC deposit insurance. Own T-bill directly and not cash or funds. Custodial accounts are fiduciaries and do not own the securities in them so you are not exposed to the credit risk of the broker.

1-3 month T Bills are safe, I think. BIL ETF is an easy way to manage it, but it may have additional risks that I am unaware of.

Can't call myself an expert - just an avid RV reader - but I can tell you what I have done and that is have it spread around several accounts, with multiple banks and brokerages, just in current accounts and brokerage accounts (some of these pay interest still).

Agree. Just pick a day.

You don't, you just pick a day and stick with it regardless. Nobody knows what the right day. is.

I think there has been an update on this. It will mitigate the demand for dollars. But its too early to say whether it is sufficient.

I have the same question. We need an update!

I asked about this a week or so ago in another comment thread -- and then I thought about it more. In some ways it may be better not to flash-update everyone at once. That way there isn't a sudden surge of trading on a certain instrument which might tend to trigger tactical counter-moves from algorithms. RV Pro could perhaps move to staggered notifications (i.e. spacing them out over say, an hour or more) but this raises questions of fairness. Which RV Pro users get notified first? That could be mitigated by implementing a randomized or round-robin ordering but that adds complexity.

There has been massive demand for liquidity, which when you consider the hit to revenues is not entirely surprising. Everyone (corporations, households, small business) needs cash to get through the next few weeks. This caused a problem in markets (as you could see). And sorry for the delay in responding to this.

These will give some background for you re the dollar strength - https://www.realvision.com/tv/search/?parameters_query=milkshake

...and UUP :-)

Counter argument. Supply chains are long and involved. People are unemployed but not just in the US. Globally. So the global supply curve is inhibited. There are now many products which are only made in China or Japan or Korea. So the sheer numbers of people who are not producing things, plus the scale of the government money printing efforts can lead to inflation, as we come out of the slump. Agreed, while we are in the middle of the slump thats less likely. But not impossible.