Happy Halving! It's been a long ride. There are more active members than me but I want to say I was around here with you riding the waves, and will be hodling for the years to come.
Sooo, anyone knows on whitch platform can I buy WTI oil?
You cant, it's a futures contract. If you buy now, you physically need to go and get the oil. That's why the crash happened and people were closing positions.
The next futures that expires trades at around 20$ currently, but this freefall will probably affect that one too. Whoever is currently holding an oil futures contract is playing a dangerous game.
It may be dangerous, but it would be fun to buy at least a few futures at negative price so one day I could tell my grandchildren that I was there, I was part of the game.
I wonder how much you can buy of that oil at negative rates with say $10 (yeah, a solid positive ten fucking bucks!).
I assume it's not so much about how many you can buy. More like how many you'll have to pay to sell them if the price won't recover. The more you buy, more risk of losing money. I have to add that I'm not an amateur trader but this is the way I understand it.
Sooo, anyone knows on whitch platform can I buy WTI oil?
You cant, it's a futures contract. If you buy now, you physically need to go and get the oil. That's why the crash happened and people were closing positions.
The next futures that expires trades at around 20$ currently, but this freefall will probably affect that one too. Whoever is currently holding an oil futures contract is playing a dangerous game.
It may be dangerous, but it would be fun to buy at least a few futures at negative price so one day I could tell my grandchildren that I was part there, I was part of the game.
I agree with description, but wallet management is tough, especially if you did not use the wallet for a few years. We think that we remember/record everything right, but sometimes we make mistakes (especially if trying to memorize something). Memory plays games from time to time.
Anyone who is interested in getting into BTC should get a hardware wallet and follow the instructions. Schiff wouldn't have had to tweet that if he had.
OR just make a free paper wallet, or 100 000 000 free paper wallets.
News from the Stronghodl: After some bearish days at the beginning of the week, finally the price managed to close above the MA lines on the weekly chart.