Beware of robber banks (RB), bad advisors.
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Market holds net short positon of Bitcoin futures before bitcoin price jumps Friday
Market speculators held a net short position of Bitcoin futures for the week ending Tuesday, according to a report from U.S. Commodity Futures Trading Commission (CFTC) on Friday. Non-commercial investors, commonly treated as market speculators, held a net short position of 770 Bitcoin future contracts for the week ending Tuesday. Speculators and hedgers are different types of investors. Speculators try to make a profit from the assets' price volatility, whereas hedgers attempt to reduce or "hedge" the amount of risk created by price volatility during the holding period of the assets. When investors "short" ... (full story)
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- Oct 26, 2019 2:46pm Oct 26, 2019 2:46pm
- Not-KPMG
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- Not-KPMG
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Beware of robber banks (RB), bad advisors.
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