Opinions
Larry Berman CFA, CMT, CTA
BetaPro Inverse Bitcoin ETF
BITI-T
DON'T BUY
Jul 25, 2022
Doesn't have a bullish view on Crypto as an asset.
Inverse trading strategy may be an option for investors.
Will not invest in Bitcoin regardless.
Impossible to time Bitcoin investment (lots of downside potential).
$21.620
Stock price when the opinion was issued
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It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
RISKY
If shorting, be mindful of your costs to carry. There are ETFs that are the inverse of bitcoin. BITI is an example. Some ETFs have leveraged ways to play inversely, and you have to be careful with those ones. There are ones you can buy that go up if bitcoin goes down.
There are some new ones coming out with covered call bitcoin, where you can generate income and put some protection on.
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