Accredited status = be rich. So if you’re poor, you’re not accredited.
Discussion
Yep
😄
I was wrong. You don't have to be accredited. So just read about straddles on investopedia and get a brokerage account.
Oh yeah I think I remember you saying you actively trade... Straddle is made for you. I'd say volatility is easier to bet on than market rationality.
I think what I’ve been doing is basically a straddle but without the options and the premiums (sorta). It started as a test because I was bored during covid, it’s still valid and running. Call it a “poor man’s straddle”.
It makes 2 big assumptions: btc is not going to zero and there be volatility.