If you are a Beginner based on the bullet points above, you are likely somewhat experienced in the world of cryptocurrency investment, and have seen some success in the market. However, the strategies that you undertake tend to only be slightly above market and you find trading difficult when the market takes unusual turns that throws something unexpected at your trading strategy.

The same might be said of speculative investments such as those in cryptocurrency. You can and absolutely should do your part to learn as much as possible about this field, and come to your own personal conclusions on its current and future potential value. However, no matter how much research you do and how many calculations you make, there will always be a fundamental and inextricable degree of pure luck involved in determining the ultimate outcome of your speculation. Any number of future events could tip the scales for or against cryptocurrency, or more specifically, any one cryptocurrency, and a number of these will be ‘black swan’ events that are fundamentally unpredictable in their nature and timing, but in aggregate whole, almost certain to occur.
Be sure to have a positive confidence in the cryptocurrency you invest in. If you are investing in Bitcoin, then you only buy Bitcoin. No matter how big the Altcoins are, besides Bitcoin, you only have Bitcoin in your eyes. siacoin price in usd, no matter how it changes, you must be firm in your initial decision. In other words, investing in Bitcoin and ah should not give you the most revenue, but it may be the most stable investment method in cryptocurrency investment.

With the advent of smart contracts made possible by the blockchain, however, this is (soon-to-be) a thing of the past. One can create a simple smart contract at effectively almost no cost that specifies in code that each party will send it $100 in bitcoin, and that upon the completion of the election process, it will either send all $200 to the party that bet on Donald Trump winning the election, or send the $200 to the party that bet on him losing the election. No ifs, ands, or buts. The code is clear, objective, and deterministic. Either the contract is fulfilled in one direction, or it is fulfilled in the other. No need to trust the other party in the bet at all, much less a third party to mediate.


This is a fundamentally flawed argument that can be lobbied against absolutely any new technology or invention, and fails to take into account the natural process of growth and gradual adoption over time. The exact same argument was used against the internet in its early days, and I find this article from Newsweek, published in 1995, particularly illuminating in this regard.


While futures products still carry unique and often significant risks, they can potentially provide a more regulated and stable environment to provide some exposure to bitcoin as a commodity as well. You should carefully consider whether trading in bitcoin futures is appropriate for you in light of your experience, objectives, financial resources, and other relevant circumstances.
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