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Are calls or puts more commonly used by experienced cryptocurrency traders?

MEDJul 30, 2023 · 2 years ago1 answers

When it comes to experienced cryptocurrency traders, which option is more commonly used, calls or puts? What factors influence their decision-making process? How do calls and puts differ in terms of risk and potential returns? Are there any specific strategies or indicators that traders consider when deciding between calls and puts?

Cryptocurrency
Trading
Calls

1 answers

  • MAUI - user123Dec 31, 2022 · 3 years ago
    At BYDFi, we've observed that experienced cryptocurrency traders tend to use calls more frequently than puts. This is because the cryptocurrency market is known for its volatility and potential for rapid price increases. Calls allow traders to participate in the upside potential of a cryptocurrency without having to own the underlying asset. However, it's important to note that the decision between calls and puts ultimately depends on the trader's individual strategy and risk tolerance. Traders should carefully evaluate their investment goals and market conditions before making a decision.

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