Bitcoin to make Wall Street debut

Trading futures in Bitcoin is going to give headaches to many traders . If you are not a professional trader it will be strongly advised just to own Bitcoin in a wallet . Trading the futures you do not own Bitcoin, it boils down to a bet is the price going up or down.

It is like playing roulette Black or Red . The problem with this is that if you have a long bet (the price going up) and an exchange goes offline and the price drops you could lose a fortune in minutes. Making it hard for Banks to hedge there bets with the volatility in the price of Bitcoin. Most probably the only asset class that they can not manipulate to get that preferable outcome they desire .

If you do not own private keys and stored it away in a wallet you most probably don't own any Bitcoin there is only 21 000 000 BTC available get yours and keep it safe .

The video gives a quick overview of how the Futures is working and some teething problems that might occur .

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