BitcoinStu on Nostr: also where are you getting the money to buy the puts if your bitcoin is in cold ...
also where are you getting the money to buy the puts if your bitcoin is in cold storage?
It sounds like you've just watched a 1 hour video on "basics of how options work" but you haven't actually used them before, nor fully thought through the implications.
Options carry risk. You're ignoring all that risk
Published at
2024-10-30 04:26:24Event JSON
{
"id": "284f1dcb21691478bbb65abf263c943bb8850959d8d07bf18a3f84d803a4a0fe",
"pubkey": "e75960285a603026fbca0ff2f0bed5acf12c1994fa2b00686fd17bd4307dafb8",
"created_at": 1730262384,
"kind": 1,
"tags": [
[
"e",
"aebbd41313e7ce40d818d454006bd621dbdc4da9e11989ab0c0f79939d1c4b6a",
"",
"root"
],
[
"p",
"c715a7dc1a9b31d6ed7294d578d3461690632d7b96b4f2f58868dcff88037eea"
]
],
"content": "also where are you getting the money to buy the puts if your bitcoin is in cold storage? \n\nIt sounds like you've just watched a 1 hour video on \"basics of how options work\" but you haven't actually used them before, nor fully thought through the implications.\n\nOptions carry risk. You're ignoring all that risk",
"sig": "0d454f13310cd04de953b199baad42445d0e0d2e53e303f7ad9c0eeac11a1fd6b2795549ed85910cbf8da9a53996af61d9e8b19435f43549b38115612f10527d"
}
