27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
Bitcoin Cash (CRYPTO: BCH) is trading lower by 6.8% to $450.22 during Wednesday’s session. Shares of several altcoins are trading lower amid a drop in the price of Bitcoin.
Bitcoin often serves as a bellwether for the broader cryptocurrency market. When Bitcoin experiences a significant pullback after reaching a new all-time high, it can lead to negative sentiment across the entire market, causing other cryptocurrencies like Bitcoin Cash to also decline in value.
Some investors may also engage in speculative trading, hoping to profit from short-term price movements in cryptocurrencies like Bitcoin and Bitcoin Cash. As Bitcoin experiences a pullback after recently reaching a new all-time high, traders may sell off their positions in other cryptocurrencies to lock in profits or minimize losses, contributing to a decline in their prices.
See Also: Bitcoin Headed For 30% Pullback? This Trader Thinks It’s A Sign Of Strength
The influence of Bitcoin as an institutional asset class is expected to be thoroughly explored at Benzinga’s upcoming Future of Digital Assets event on Nov. 19.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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