1/ Purchasing btc call options is a potential way to deal with that bull market FOMO where you feel like you never have enough bitcoin.

This is essentially a leverage play but in my opinion it has less risk than other strategies.

2/ Let’s assume you have invested all your fiat into btc and you are not comfortable selling any other assets. Your are DCA-ing with whatever portion of your income you can spare but each month the same amount of fiat buys you fewer sats. Hence the FOMO.

3/ You take some portion of your btc stash, say 10%, and use it to buy call options on an exchange that accepts btc, such as Deribit. You buy call options on btc at strikes just out of the money at the longest time duration they offer (say, a 32k option for December 2021)

4/ Now when the price of bitcoin goes up, you are making profit in bitcoin terms. The bitcoin-denominated gains are roughly equivalent in percentage terms to the dollar price increase. (Say you invest 0.1 btc and it doubles in price, you will have 0.2 btc).

5/ So in the above examle, instead of a 2x gain by just holding bitcoin, you now have a 4x gain (in fiat terms, for that 10% of your btc that you used). These are extremely rough calculations. The main thing is that your stash of bitcoin is growing.

6/ There is no possibility of a margin call. If the price crashes you are unaffected. You just ride it out exactly as if you were hodling. If you want to you can buy the dip and increase the size of your position.

7/ You can cash out whenever you feel comfortable or if you feel the bull market has lost momentum. You don’t have to wait till the expiry date. (When I say cash out I mean close your positions and send the btc profit to cold storage).

8/ You can also roll over the options to the next available maturity date as it comes available. (Eg sell your December 2021 options and buy the March 2022 options when they come available.) This way you won’t get caught out if the options expire before the price goes up.

9/ There is the standard not your keys not your coins risk, which is why I think no more than 10% of your btc holdings is prudent.

10/ I am no expert and I know this is not for everyone I just know that the FOMO is real and this is one potential way to deal with it. If you are in the US can’t can’t use Deribit I think LedgerX is the best?