We have all heard stories of crypto traders losing over 50% within weeks or even days. This is what happens when amateurs do not know how to control risk. Options when used correctly can help you combat crypto market volatility and even profit from it. I am going to share 3 strategies that professionals use daily.
1. Sell Calls to enhance earnings
2. Buy Puts to protect your assets
3. Collar (Sell Call + Buy Put) for low cost hedging
To read about it in detail, please check out
Sparrow Exchange's Blog.Hopefully it comes to good use for you and be profitable with it. Happy trading.