$Coinbase Global, Inc.(COIN)$

The long-term account is holding onto a few mining stocks without moving, focusing on using the short-term account to trade MSTR and COIN. Recently, I've gained quite a bit of insight from trading options, mainly by comparing the intraday movements of MSTR/COIN and Bitcoin. From last week until now, I've made a profit five times in a row, and I'm planning to quit when the method fails at some point. The method is quite simple: if Bitcoin falls, then take a rest for the day; if Bitcoin rises but MSTR/COIN is weaker than Bitcoin, then do a straddle; if Bitcoin rises and MSTR/COIN is stronger than Bitcoin, then go for a call. The difficulty lies in how to define the intraday trend of rise and fall, and how to take profit. The former is very simple in a trending market; roughly speaking, just keep an eye on the moving averages, and I also look at some on-chain data. Once it turns into a ranging market, it will be quite different.

Crypto Task Force: Could Bitcoin Be a Strategic Reserve?

Trump signed an executive order to establish a cryptocurrency task force, responsible for proposing new regulations for digital assets and exploring the possibility of creating a national cryptocurrency reserve, fulfilling his promise to quickly reform U.S. crypto policy. The task force will be led by David Sacks, the AI and cryptocurrency commissioner appointed by Trump. ------------------- With new task force established, Is it possible for Bitcoin to become a strategic reserve?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":392803232645632,"tweetId":"392803232645632","gmtCreate":1736923150363,"gmtModify":1736930961747,"author":{"id":10000000000011496,"idStr":"10000000000011495","authorId":10000000000011496,"authorIdStr":"10000000000011495","name":"Mabel Edison","avatar":"https://static.tigerbbs.com/0eb1ca619238a10298cbe1a12b942794","vip":8,"userType":8,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":0,"starInvestorFlag":false},"themes":[{"themeId":"50455a3684d44e6d9ff5b0367f889ef0","categoryId":"7a15628ce2174325bddc6229505e0d70","name":"Crypto Task Force: Could Bitcoin Be a Strategic Reserve?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":50455a3684d44e6d9ff5b0367f889ef0}&rnconfig={\"headerBarHidden\": true}","description":"Trump signed an executive order to establish a cryptocurrency task force, responsible for proposing new regulations for digital assets and exploring the possibility of creating a national cryptocurrency reserve, fulfilling his promise to quickly reform U.S. crypto policy.\nThe task force will be led by David Sacks, the AI and cryptocurrency commissioner appointed by Trump.\n-------------------\nWith new task force established, Is it possible for Bitcoin to become a strategic reserve?","image":"https://community-static.tradeup.com/news/04432831a9e272d10f2bcaf34b40b54c"}],"images":[{"img":"https://community-static.tradeup.com/news/1736913024a30d28cb3c9ef2e1c197e9","width":"246","height":"205"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/1736913024a30d28cb3c9ef2e1c197e9","width":"246","height":"205"}],"html":"<html><head></head><body> <a data-mention-id=\"COIN\" class=\"teditor-mention\" data-mention-name=\"Coinbase Global, Inc.\" href=\"https://ttm.financial/S/COIN\">$Coinbase Global, Inc.(COIN)$</a> <v-v data-views=\"1\"></v-v>The long-term account is holding onto a few mining stocks without moving, focusing on using the short-term account to trade MSTR and COIN. Recently, I've gained quite a bit of insight from trading options, mainly by comparing the intraday movements of MSTR/COIN and Bitcoin. From last week until now, I've made a profit five times in a row, and I'm planning to quit when the method fails at some point. The method is quite simple: if Bitcoin falls, then take a rest for the day; if Bitcoin rises but MSTR/COIN is weaker than Bitcoin, then do a straddle; if Bitcoin rises and MSTR/COIN is stronger than Bitcoin, then go for a call. The difficulty lies in how to define the intraday trend of rise and fall, and how to take profit. The former is very simple in a trending market; roughly speaking, just keep an eye on the moving averages, and I also look at some on-chain data. Once it turns into a ranging market, it will be quite different.<img src=\"https://community-static.tradeup.com/news/1736913024a30d28cb3c9ef2e1c197e9\" tg-width=\"246\" tg-height=\"205\"></body></html>","htmlText":"<html><head></head><body> <a data-mention-id=\"COIN\" class=\"teditor-mention\" data-mention-name=\"Coinbase Global, Inc.\" href=\"https://ttm.financial/S/COIN\">$Coinbase Global, Inc.(COIN)$</a> <v-v data-views=\"1\"></v-v>The long-term account is holding onto a few mining stocks without moving, focusing on using the short-term account to trade MSTR and COIN. Recently, I've gained quite a bit of insight from trading options, mainly by comparing the intraday movements of MSTR/COIN and Bitcoin. From last week until now, I've made a profit five times in a row, and I'm planning to quit when the method fails at some point. The method is quite simple: if Bitcoin falls, then take a rest for the day; if Bitcoin rises but MSTR/COIN is weaker than Bitcoin, then do a straddle; if Bitcoin rises and MSTR/COIN is stronger than Bitcoin, then go for a call. The difficulty lies in how to define the intraday trend of rise and fall, and how to take profit. The former is very simple in a trending market; roughly speaking, just keep an eye on the moving averages, and I also look at some on-chain data. Once it turns into a ranging market, it will be quite different.<img src=\"https://community-static.tradeup.com/news/1736913024a30d28cb3c9ef2e1c197e9\" tg-width=\"246\" tg-height=\"205\"></body></html>","text":"$Coinbase Global, Inc.(COIN)$ The long-term account is holding onto a few mining stocks without moving, focusing on using the short-term account to trade MSTR and COIN. Recently, I've gained quite a bit of insight from trading options, mainly by comparing the intraday movements of MSTR/COIN and Bitcoin. From last week until now, I've made a profit five times in a row, and I'm planning to quit when the method fails at some point. The method is quite simple: if Bitcoin falls, then take a rest for the day; if Bitcoin rises but MSTR/COIN is weaker than Bitcoin, then do a straddle; if Bitcoin rises and MSTR/COIN is stronger than Bitcoin, then go for a call. The difficulty lies in how to define the intraday trend of rise and fall, and how to take profit. The former is very simple in a trending market; roughly speaking, just keep an eye on the moving averages, and I also look at some on-chain data. Once it turns into a ranging market, it will be quite different.","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/392803232645632","repostId":0,"isVote":1,"tweetType":1,"viewCount":37,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["COIN"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":797,"optionInvolvedFlag":true,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/392803232645632"}