How to use Crypto Options for speculation and hedging in StormGain
The potential returns you generate with crypto options hinges on your understanding of how to use them correctly. Our next step will therefore explore a variety of popular crypto options strategies and the best scenarios for each of them.
StormGain Expert & Trader viewpoint
Expert’s Viewpoint
StormGain is a legitimate and trustworthy cryptocurrency exchange and trading platform. This platform appears to be a trusted brand given the extensive mainstre...
Why bitcoin could break $100K by 2023 with StormGain
Bitcoin is already predicted to increase in value this year, but this could be just the beginning of a long-term climb to dizzying heights. According to renowned price PlanB, there are “more one hundred-plus events” indicating that BTC price will rise past to $100,000 next year.
PlanB’s projections are based on his stock-to-flow bitcoin price model, which the analyst says calls for a mid-term price tag of six figures. Furthermore, the bullish bitcoin pundit dismisses concerns about how quickly or slowly the bitcoin rise happens as “irrelevant.”
Stock to flow ratio, basically a measure of abundance is the amount of a commodity held in inventories divided by the amount produced annually. Gold traditionally has the highest stock to flow ratio of all commodities, hence its high price and value as a safe haven asset. Bitcoin is designed to be similar to gold in many ways. As new coins are mined, rewards diminish over time to ensure a finite amount of bitcoin in existence.