Crypto Update | Don’t Stare at the Bear

We are intrigued by crypto currencies. Even though we are options traders first, stock, ETF and Mutual Fund investors second, we will continue to follow crypto. Someday it might be a respectable asset in our portfolio. We watch the sector closely and are waiting for the day we can wade into the pool. The last time we discussed crypto was on 24-May-2018. Not much has changed in the crypto world since then except price. We were bearish on the price of crypto then and it is a good thing we held this view. The price of crypto has "fallen and it can't get up."  As will monitory this new asset class, we will do our best to identify a bottom in price when that day comes. We do not want our followers to jump into the waters too soon.

This article is for registered members - please login or click here to subscribe or register for free.