One function of futures is price discovery. Due to the existence of leverage, while providing a short opportunity. There will be some smarter funds to operate in the futures market, which will make prices more rational.
So in the long run, the futures market is conducive to the stability of the market.
However, there is a prerequisite for price stabilization, that is, the current price is in the right value center.
Personally think that the current bitcoin price is higher than the value of the central, that there is a certain bubble. Of course, this is a gross assessment based on personal experience. After all, from 1000 to 100,000, up 100 times
Soros each short time is not directly short, will do more at the end of the mad cow, and then choose the most suitable time, one-and-one start Zapan. Directly hit long suspect life, and then kill more.
People who have experienced bull and bear, only to know the cruel market.
Experienced many times bull and bear people, only know to cherish life.
Those two speculators began to feel proud. Remembering the dark years of Bitcoin in 14 or 15 years, playing money was looked down upon, and many people were fools. Now, in turn, the bears are basically burst explosion exposure, people do not know bitcoin began to fall behind, Professor Lang began to be ridiculed.
But people, always can not forget that, to be good with others.
Otherwise, when darkness comes, others will let you go and you will not let go of yourself.
In the mad cow market, the top is hard to predict. As the saying goes, let the bullets fly for a while. Who do not know who will open the first shot last.
Of course, even if the head is established, I will not short Bitcoin.
Otherwise, I do not need to call the bitcoin king.
When it rose, everyone was crowded together.
Only when it falls can you test your faith.
Your daily life does not mean you. Your choice under pressure, on behalf of you.
Personally think CME bitcoin futures launch bearish.
Of course, this is only one of the words.
Before the fact is established, all the judgments on the market are only probabilities.
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