Riot Platforms, Inc.
Long
Aktualisiert

RIOT/BTCUSD Beta Hedge

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In regards to my last posting, which explains this idea and the logic grounding it , I just wanted to publish this spread chart for RIOT/BTCUSD as I think it's important .

The idea is that a short on bitcoin can be hedged by buying an equivalent dollar amount of RIOT , which acts as a beta hedge here .
Please give the initial publication titled "BTCUSD How to reduce risk while shorting using beta hedging" a read if you have not and are interested in this idea. It is much more detailed and it is linked . This is meant to supplement it only . I have attached the prior posting mentioned to this publication .
Trade wurde manuell geschlossen
Well this one seems to be doing the opposite of planned , going to close this idea down , I was wrong, so far at least . Pretty much every day I have been watching this and it loses bit by bit . I'll take that as a sign .

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