Crypto binary options

[ufq922]

have you ever tried trading cryptocurrencies with binary options?

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[Bitinity]

I think it is better to move the topic to Trading Discussion board. If you do not know how to do it then scroll down your topic and look at the bottom left of your browser, there are two options (move and lock).
Coming up to binary options, yes I have ever tried it before long time ago when there was a site named Secondstrade. Currently I do not do binary trading anymore as I think it is not my type.

[vit05]

This is not trading. This is just a game of luck. There are several sites that offer this option, most of which induces users to believe that they are investing in something. But the truth is that these sites work as a casino. In order to take everything, you put into the account.

[Baofeng]

have you ever tried trading cryptocurrencies with binary options?

No, haven't tried it. For me this is pure gambling, risk is very high so I suggest you stay away from it. But if you are willing to lose money then be my guest. As I have said this is gambling, so it's possible to lose 100% of your capital, that quick, unlike in trading wherein you can mitigate your risk and step out when everything is not favourable to you.

[figmentofmyass]

have you ever tried trading cryptocurrencies with binary options?

it's pure gambling with terrible odds, crypto or not. i would stay away from them if i were you.

i haven't seen any binary options sites advertised since secondstrade and updown.bt fell from grace anyway. simplefx is still around doing crypto-backed CFDs, otherwise bitmex for leveraged futures.

i'd rather see newbies jump right into margin trading rather than binary options. at least they'll learn something.

[darklus123]

I've done it before and yes it is a true gambling type of trading. You don't have a control where to get in and out, you just have to predict the possible price based on the line that was staged by the trading site that you are using.

I am also not sure if there is really a pure market behind those graphs or those were just purely scripted.

[amrulshare]

playing binary options like you test your mental level, even though it can generate more profits in a short time but it has a much higher risk when compared to gambling.