3 ms·
You don't seem to understand the purpose of UVXY. It's not meant to be held for longer periods of time, it's a financial product for traders to make short term
by enlyth 3y ago
You don't seem to understand the purpose of UVXY. It's not meant to be held for longer periods of time, it's a financial product for traders to make short term volatility plays.
- paulpauper 3y agoYeah but a lot of people have probably lost a lot by holding and not understanding how it works or underestimating the decay. Same for leveraged gold miners, which have also lost all value. A BTC etf is probably safer than UVXY.