Some people will jump out and shout at you to buy the dip whenever the price drops a little. Believe me, those who are optimistic about Bitcoin have already bought in early. There seems to always be bullets to buy, and those who keep babbling now are most likely those who bought early and got trapped.
Now, to get to the point, if you, like me, have been holding cash until now, which of the following two views do you think has a higher probability of winning?
1. 80k is the iron bottom, and those who are bearish are fools.
2. BTC is highly unlikely to drop below 70k.
It's obvious, right? I can now confidently sell puts around 70k, becoming a friend of time; this is called an advantage.
(Newbie risk warning: Selling options can lead to liquidation, please be sure to understand the risks before doing so; otherwise, honestly, first familiarize yourself with buying options.)
