Wednesday, April 28, 2021

Theta style crypto strategies ? 🤔🤯

Exactly what it sounds like. Anyone here looking to use theta strategies in the crypto space ? If so, what methods are you using or considering to use ?

Edit : not looking for crypto stocks to wheel...I am looking for theta style methods but in the crypto space completely, maybe using smart contracts in some manner I am not yet aware of.

A note on crypto stocks - I have always been a fan of BTC and crypto in general. I have been accumulating BTC/ETH/LTC for some time now. My thoughts concerning the crypto stocks is this - why have more barriers to success than necessary? If you can gain exposure to btc via purchasing btc, why not simply do so ? In order for a stock like RIOT or MARA to appreciate in value, not only would bitcoin have to perform well, but the company would also have to maintain a variety of variables not relevant to Bitcoin itself, not to mention things like share dilution and other black swan type events that could ruin a company...so my argument is simply that owning a crypto stock has little to no benefit over owning the crypto itself (the returns for Riot may be slightly higher over the past 6-12 months compared to BTC, but given the volatility of the stock and the previously mentioned concerns, I do not believe they are good long-term investments in lue of Bitcoin itself).


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