BTC - INDECISION IS KING BUT VOLA IS LOW, WHAT TO DO? OPTION #2
Hello, this is a relatively new token (I would call it index though) very very very interesting because it replicates the VXX index of traditional financial markets, which is based on VIX (SP500 implied volatility). In the same way, this index is linked to bitcoin implied volatility. It is only available on the exchange you see.
Basically, this index will gain if vola increases. It has been going down because vola actually disappeared from the halving afterwards. But now Vola is too low not to expect a spike soon. So, already said about my other strategy in times of low vola (see the linked idea), this token offers us another way to speculate on volatility movements.
Here is current level of 24hvola on BTC
I am buying this idex at current levels, and will increase my positions in the following days until the vola spike does not occur! Then I will sell it.
As you see from the circled area, the potential gain can be really interesting (that is what happened during the volatility spike due to covid), while downsides are limited in this particular moment, since volatility is too low now and can has not much room to decrease further.
Let me know if you knew this index and what do you think about it.
Basically, this index will gain if vola increases. It has been going down because vola actually disappeared from the halving afterwards. But now Vola is too low not to expect a spike soon. So, already said about my other strategy in times of low vola (see the linked idea), this token offers us another way to speculate on volatility movements.
Here is current level of 24hvola on BTC
I am buying this idex at current levels, and will increase my positions in the following days until the vola spike does not occur! Then I will sell it.
As you see from the circled area, the potential gain can be really interesting (that is what happened during the volatility spike due to covid), while downsides are limited in this particular moment, since volatility is too low now and can has not much room to decrease further.
Let me know if you knew this index and what do you think about it.
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Or simply you don't want to risk it?
Trade forex, oil, crypto, indices, and keep 80% of the profits you make, while losses are covered!
Check it out now → ftmo.com/en/?affiliates=2427
