10x Research Market Updates

10x Research Market Updates

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10x Research Market Updates
Why Investors Should Buy Bitcoin Now
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Why Investors Should Buy Bitcoin Now

EVERYONE to make better crypto investment decisions

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10x Research
Aug 22, 2023
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10x Research Market Updates
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Why Investors Should Buy Bitcoin Now
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We have repeatedly warned that a -10% correction was extraordinarily likely by the end of summer and that investors should protect their capital instead of being exposed to any downside risk. Our favorite strategy for 2023 was selling volatility; indeed, volatility had declined to multi-year low levels of just 17%. We suggested that investors could sell all their Bitcoin and buy cheap upside calls to protect their capital but still participate in any upside rally. We also warned that crypto fundamentals were deteriorating, which could justify a price setback.

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