https://www.msn.com/en-us/money/topstocks/bitcoin-traders-bullish-lottery-ticket-is-the-300k-june-call/vi-AA1EhvHF?ocid=hpmsn&cvid=8e1e77b45b90452b8b2102544c94f6e5&ei=28How can I put some money on this, to create a nice retirement fund for myself? I know little to nothing about puts and calls, only that you can make some big money fast if you bet it right. I'm willing to YOLO $1000 into it, big deal if I lose.
Derabit is the exchange on which to place the bet, but I'd need to know what type of bet and all the details.
It seems like the bet is if the price of BTC will reach $300,000 by the end of June. I say no way. $150K maybe, $200K, very slightly possibly, but $300K? No way can the value increase that fast. And if it does, I an HODLing a tiny amount of BTC, so I'd win that way.
Also I recommend you try trading with the Deribit testnet before you start trading for real. With the testnet you can try out the functions and even try out trading without losing any real money.