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Originally Posted by tonoy
Noname, excellent explanation and I couldn’t have said it better. As for my crypto position, I hold 90% of my crypto in RIOT shares and 10% in qbtc. I chose RIOT as it allows me to take advantage on writing covered calls on a weekly basis and earn income even on down trending weeks. Overall, I used to allocate 10% towards crypto. But as of today I’ve now doubled my position to 20% as I am getting further conviction that this will pay off on the long term. What’s your position like?
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I don't actually have a crypto position
But hearing all the buzz and hype about it in the last few months, I would like to dip my feet into the pond. That is why I was asking about some decent options I could look into.
When you mention covered calls, sounds like options trading (I am a noob when it comes to that), which brokerage do you use?