Being right about Bitcoin won’t save your 3x leveraged ETF position

CryptoSlate

·

Original Report

↗ CryptoSlate

Bitcoin's next recovery could vindicate your investment thesis but leave your leveraged fund deep in the red, because the fund's daily reset can make waiting a pretty expensive habit. Getting Bitcoin right and actually making money on Bitcoin are becoming two different skills, especially now that Wall Street is preparing products for people who don't […] The post Being right about Bitcoin won’t save your 3x leveraged ETF position appeared first on CryptoSlate.