Bitcoin, child, bitcoin!
Bitcoin euphoria can sweep you up, but do you know enough to be prepared to start truck bitcoin futures? These are historic and interesting times for bitcoin as justly as the entire cryptocurrency space.
No matter what you think about bitcoin, cryptocurrencies are here to postponement. And if you are planning on getting involved in trading bitcoin futures, which are being go out by several exchanges, remember to breathe and understand that despite its sensational rise bitcoin and cryptocurrencies globally are still in the first inning of this diversion.
Here are three things that are critical to understand before you buy bitcoin:
- Are bitcoin futures available on your trading platform? It currently is not within reach across all of the various trading platforms. But if it’s on yours, understand the margin associated with the days contract. It is a high margin product (nearly 40 percent), as clientele platforms as well as clearing firms are very cautious on the product.
- Tremendous volatility will be associated with bitcoin futures. Mark of trading crude oil on a busy inventory data day; now, multiply that by respecting 20 or maybe 30.
- Bitcoin futures contracts can’t be hacked or stolen in the mood for coins have and can. They are exchange traded as well as regulated. This is compelling for those looking for long-only knowledge to bitcoin versus those simply trading the contract. We are planning on pressurizing with clients in 2018 who desire this exposure in their portfolios.