Buying Bitcoin while hedging against a price drop can earn a return without a rally. But November 10 pricing offered about $119 per BTC before costs, less than the roughly $135 needed to finance the purchase for 17 days in an illustrative borrowing calculation. The strategy, known as cash-and-carry, pairs a Bitcoin purchase with a… Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Buying Bitcoin without betting on a rally may not pay
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CryptoSlateBy Liam 'Akiba' Wright
EXECUTIVE SUMMARY
Buying Bitcoin while hedging against a price drop can earn a return without a rally. But November 10 pricing offered about $119 per BTC before costs, less than the roughly $135 needed to finance the purchase for 17 days in an illustrative borrowing calculation. The strategy, known as cash-and-carry, pairs a Bitcoin purchase with a… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Key Takeaways
- Buying Bitcoin without betting on a rally may not pay.
- Buying Bitcoin while hedging against a price drop can earn a return without a rally.
- But November 10 pricing offered about $119 per BTC before costs, less than the roughly $135 needed to finance the purchase for 17 days in an illustrative borrowing calculation.
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Published originally on CryptoSlate
