BITX vs BTCUSD
BITX is a 2X Leverage ETF.
What this means: % of change is multiplied by 2 both ways (+/-).
We have several ways to take advantage of this that will maximize returns, and
lower your risks.
Obviously if you keep all BTC, then you don't have additional risk nor
additional upside.
Use this 3D Chart to Guide you.
Strategy 1:
Existing BTC Holders
- On-going Sell at Daily Highs
- Buy at Daily Lows for BITX over time.
Strategy 2: Existing BTC Holders
- Sell portion or all and buy Convert to BITX
- Sell Covered-Call Take Premium
- Buy Cash-secured Put
DCA
1. Daily Buys - BTC, MSTR
2. Weekly Buys - AI and Quantum
3. Monthly Buys - depends
4. Take Profits and Stop-loss : use 3:1 Ratio