How 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.
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.
This is a kind of gambling I don't appreciate, is $1k not too big for you to risk?, actually before you do anything try to read how the bet is all about because you might be thinking that if you predict $150k and the Price get lower you will win but at the end you will be told that it did not get to your number of prediction and is impossible to be accurate on that because even professionals or people that call themselves Bitcoin guru cannot get it right no matter how they study it. Actually if is a prediction that doesn't involve you to stake money then is better but betting with money is a no answer.