Is TVIX Worth it?

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>>1875889
TVIX tracks volatility. It jumps because of big financial shocks, which are difficult to predict. Unfortunately the price will only shrink in the meantime, so you have to get in right at the perfect time, and you could be holding for years.

It's hard enough just understanding the economic and political situation in the US, but TVIX is influenced by every other major country too. If China or Russia has a big bubble which bursts, it'll shoot up. But unless you speak Chinese or Russian, you won't see it coming.

On the other hand, it does tend to peak around significant elections (June 23 and November 8). Hell it even increased for the Dutch election. If you bought a few days before a big election and sold right afterwards, you'd probably make good money.

>>1876060
Thanks for the advice anon, I've put a bit in and even if it ends up diminished to nothing at least it's more fun than playing the lottery

>>1875889
It's not worth it..

>you wake up every day hoping for the market to crash
>every day the CB manipulates the market so that it doesn't crash
>every day it's an all time high, even though the foundation for that is absent
>every day more algorithms come online to buy, buy, buy

You'll end up crying yourself to sleep at night hoping things will be different.

>>1875889
buy before the French election. Heil Hitler :)

>>1876663
my nigga, people hold this over 2 days?

shit needs to be clear as dayu

>>1876757
1488 brother.

What else would do well if the market crashed? I have some GLF, some NAK, GG, CBIO, and AKS, would any of them do alright?