bitcoins

Backtesting a 1-Day Expiry Put Options Strategy on Bitcoin: Analyzing 365 Days of Price Data

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As the founder and CEO of TerraMatris crypto hedge fund I keep analyzing and backtesting different options trading strategies every day.In this article I decided to take a closer look and backtesting selling 1 DTE put options on Bitcoin for one year, seeing how many times there have been more than 4% price drop (thats important for options…


How to buy Straddle Options on Crypto (Ethereum & Bitcoin)

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Lately, I have been trading 1 DTE options with Ethereum on the Deribit platform. In the past, I have traded quite a lot of Bitcoin and Solana coins (until the November 2022 Crypto Crash) Unlike stock options, trading crypto options might get more complicated, a lot more complicated and I wouldn't actually recommend them if you are a novice. My…


Notes from Tbilisi - Gym, BitcoinGeorgia.Ge, Georgian for Expats and Bitcoin dips under $32,000

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Wow, what a day it was today - stock futures were opening lower, quite lower, Dow Jones index was failing more than 400 points, extending the stock market bleeding for some sixth or seventh week in a row. I was holding several long bitcoin positions on Deribit with strike prices above $40,000, and the losses just kept accelerating, to keep my…


How to Place a Stop Loss Order on Coinbase Pro

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For most of the time, I have been using a Coinbase Pro account just to buy and hold Bitcoin once a week. Just recently I started thinking about trading Bitcoin more frequently - like a couple of times per day using trade signals like Moving Averages with Golden and Death Cross. The idea is quite simple - Once there is a trade signal indicating a…


Diaries from Tbilisi - Bitcoin's Correlation to S&P 500, Teacher's Parent meeting at QSI

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Good evening from Tbilisi! The day started with a few short positions on Bitcoin, while I was waiting for the stock futures updates from CNBC, visited my hairdresser Katya, got my hair trimmed and straightened. Love it. The futures market opened and showed kind of a green day ahead, my short positions on Bitcoin got challenged, but I decided to…


Bitcoin, Gym, SP 500 and Tbilisi

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Another interesting week has started here in Tbilisi. At the night I woke up I placed a long position on Bitcoin futures at $40,017, later in the morning before going to the gym I noticed Bitcoin in but under $40,000. Once I was at the gym Bitcoin tumbled another 1000 points, and I had a chance to think a lot about liquidity issues. Post-…


How to make $1/day from day trading Crypto?

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Hey traders and crypto enthusiasts! It seemed I have tried it all in the crypto world - from buying and holding, actually mining, lending, flipping, and swing trading. But for about the last month I have decided to try my luck as a crypto daytrader, and to my surprise, I can be profitable.  In today's article, I will share my findings on trading…


Sold all Bitcoin, Seb Mutual funds, Baltic Horzion and DelfinGroup Stock

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Yesterday, on October 25, 2021, I sold all of the Bitcoin holdings I had with Coinbase PRO. Additionally, I sold off all my investments with SEB mutual funds and stocks at Nasdaq Baltic: Baltic Horizon, and DelfinGroup. I did this because I have started another interesting 52-week challenge - buying Apple stock for the next 52 weeks and I want to…


I'm earning $3.19/daily* by trading crypto options and I want more!

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This is a quick follow-up post to my original idea of experimenting with writing crypto covered calls on Ethereum and Bitcoin, I started at the end of November 2020This is not the first time I'm selling options on crypto, in fact, I've been doing so for the last two years. This is the first time I'm applying one trading strategy only. About 3…


Trading Bitcoin / Ethereum Options (Selling Puts) on Deribit - Part 1

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Deribit is my latest discovery from the crazy crypto world. It all started with simple buy-and-hold operations back in 2017. What followed was, a day trading on Poloniex,  I even built a custom Ethereum mining rig. I have played with cloud mining contracts from hashflare,  and now I've found my way into Bitcoin / Ethereum options trading. It's…