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    Monday, July 29, 2019

    [Daily Discussion] Monday, July 29, 2019 Bitcoin Markets

    [Daily Discussion] Monday, July 29, 2019 Bitcoin Markets


    [Daily Discussion] Monday, July 29, 2019

    Posted: 28 Jul 2019 09:06 PM PDT

    Thread topics include, but are not limited to:

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    submitted by /u/AutoModerator
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    [Altcoin Discussion] Monday, July 29, 2019

    Posted: 28 Jul 2019 09:07 PM PDT

    Thread topics include, but are not limited to:

    • Discussion related to recent events
    • Technical analysis, trading ideas & strategies
    • General questions about altcoins

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    • All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
    • This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
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    FTX leveraged tokens will scam you

    Posted: 28 Jul 2019 08:25 PM PDT

    They have huge negative convexity Basically if you are long those leveraged notes and BTC does 10000-9000-10000 or 10000-11000-10000 you are losing money. The more the market is volatile the more money you lose

    https://www.q-group.org/wp-content/uploads/2014/01/Madhavan-LeverageETF.pdf

    Alameda founder was an ETF trader in a IB and that trick is a notorious way to scam the naive retail investors

    submitted by /u/GrossBit
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