bitcoin futures

My Dive into Selling Covered Calls on Bitcoin Perpetual: May 2024 Challenge

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In the realm of cryptocurrency trading, I've always been wary of selling calls against Bitcoin futures, preferring the reliability of put options for income generation. However, recent market adjustments and a persistent urge to explore new avenues of profit have led me to reconsider. With the Terramatris fund undergoing adjustments, the possibility of turning some puts into covered calls emerged, sparking my interest in capitalizing on market opportunities amidst volatility.My approach to…


The 'Anti-Coffee Fund': Investing $5 a Day for 33% Returns

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It was on a Saturday evening at the end of September 2023, we were returning from a Salty Garden tavern near Bazaleti Lake to Tbilisi, parked our car on the street next to our house when I noticed there was a new corner coffee shop opened in our house. The better part of me asked me - if would I like to have a cup of coffee. I thought about it for a second - like, we have an excellent coffee machine in our apartment, and that is the only coffee I actually enjoy - mostly because the coffee is…


#8 Coin of the Week: BTC (Bitcoin)

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I keep growing the Terramatris crypto hedge fund bit after bit by selling put options on Ethereum and Bitcoin. Every week we choose one crypto coin and invest all premium in it. In the last weeks, we have already invested in XLM, ETH, USDC, and BTC. I have decided to stick with these 4 tickers until we grow the portfolio to at least 0.1 ETH or 0.01 BTC, thus enabling covered call writing on these positions. On week 8th, we are returning to Bitcoin - every time we are going to take options…


Bitcoin Contango Trade with potential 12% return in 28 days

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While working on the Terramatris crypto hedge fund I came up with an idea once in a month to re-invest the total value of the fund into the so-called Bitcoin contango trades. As the total value of the fund was about $74 at the end of September that's capital I put in work with bitcoin futures. Without further ado: On September 29, 2023, I bought Bitcoin perpetual futures worth 0.135 BTC at $27,162.50 per Bitcoin and simultaneously sold October 27, 2023 expiry bitcoin futures worth 0.134 BTC…


Capturing Bitcoin Contango Trade with Perpetual Futures

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There are several ways to trade and invest with cryptocurrencies. During the several years since I've been exposed to the crypto market, I have learned quite a lot. Starting simple buy and hold, margin trading, lending, short selling, crypto options, crypto futures, and more. In today's article, I will share some lesser-known, market-neutral, and almost zero risk trade, we use at Terramatris crypto hedge fund to grow our portfolio. Meet - The Contango trade. What is the Contango? Contango is…


Bitcoin Contango Trade with potential 40% return in 106 days

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We use bitcoin contango trades occasionally at TerraMatris crypto hedge fund and look at them as short-term deposits with high returns. In today's article I'll share one such trade, we did recently On September 14, 2023, I bought Bitcoin perpetual futures worth 0.2 BTC at $26,365.90 per Bitcoin and simultaneously sold December 29, 2023 expiry bitcoin futures worth 0.2 BTC at $26,704.50. This is the so-called futures spread with a width of $338.6 and a holding period of 106 days. The closer…


Binance vs. SEC: Unraveling the 17% Plunge in My Crypto Portfolio

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My crypto portfolio took a hit of about 17% last night after it was announced that SEC has sued Binance and its CEO CZ. Bitcoin price dropped from about $27,150 to $25,500. At the time of writing, I was holding about 0.1 BTC long futures, with my average buy price at $27,125. Trading with leverage is like a double-sided sword, it can make huge returns and it can also blow up your account easily. With my BTC estimated liquidation price (ELP) just under $25,000 I started to feel quite…


Investing with Bitcoin Futures and Covered Calls for 52 weeks

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About 5 years ago I started a simple, so-called 52-Week Money Saving Challenge. The rules for this challenge are very simple - to deposit in the first week one euro, in the second week - two, third week - three, etc. The amount after each week continues to grow, up to the last week of the year when it is 52 euros. The final sum at the end of the investment period equals 1378. For this year's 52-week challenge, I have decided to scale it up huge, by using margin and bitcoin futures with 125x…


How to make $5/day (relatively safe) from day trading Bitcoin?

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A few weeks ago I wrote an article on how to make at least $1/ day by day trading crypto. Now, I decided to scale it up a bit, and see how to make $5 per day, relatively safe from trading bitcoin, and how much actual capital is required. This is not trading advice. Investments in stocks, funds, bonds, or cryptos are risk investments and you could lose some or all of your money. Do your due diligence before investing in any kind of asset. Disclosure:  This article contains affiliate links to…


May 2022 - Bitcoin Futures Trading Result - 0.0005621150503 BTC

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Welcome to the #2 bitcoin futures trading report, covering my trades in the month of May 2022 on the Deribit platform. After 36 trades I was able to book 0.0005621150503 BTC profit, about $17.73 if exchanged for the USD value. Disclosure: This article contains affiliate links to the deribit.com options trading website, by clicking on links on this page and by making an investment on the derbit.com website, I might earn affiliate income at no cost to you. Last May was disastrous for most…