Crypto volatile again, Whats stopping you from trying Options Trading?

[beerlover]

The lack of experience? I mean I would love to try it but I already have such a small amount that I don't want to lose it and I don't have any experience with options trading so it looks like a prime reason to lose all my money if I get in which is why I am not playing there, that is what it would be like for me, playing.

Obviously, there are people who got in and lost some money as well at first and then learnt and got better and now making a good amount of money but that doesn't mean I will be like them either. I could lose all my money since its such a small amount and I can't afford that right now, its quite risky for me. As soon as I have a bit of extra money that I don't care about losing I may actually give it a try but until then I won't be testing it.

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[dothebeats]

Options trading is trading on the bare bones, which gives you less freedom on your positions and also where would you place yourself in the market. It is designed for noobs to at least get a taste of what it's like to participate in the real market. Now I'm not discrediting anyone who's making money off of it, it's just that it doesn't even let you get the skill to really trade on highly-volatile markets. Even if you get the greens for weeks, it doesn't mean that you're really good at it, it's just that your decisions happen to be on the right side of the guessing board.

I'd still pick the traditional trading methods over options trading any day.

[Apened]

Here are some benefits of Options Trading,
-snip

Sounds interesting. well i have no knowledge about options and i haven't tried it yet, totally im not interested because i didn't know how it works nd i just heard from other crypto traders that it is not that different i forex. You jut have to put a call and that it.  however your explanation opened ny mind how it works low risk and high reward if i'm right. I will check the link you provided in the first page. Thank you for explaining i want to learn more about trading.

[vennali]

Options trading is trading on the bare bones, which gives you less freedom on your positions and also where would you place yourself in the market. It is designed for noobs to at least get a taste of what it's like to participate in the real market. Now I'm not discrediting anyone who's making money off of it, it's just that it doesn't even let you get the skill to really trade on highly-volatile markets. Even if you get the greens for weeks, it doesn't mean that you're really good at it, it's just that your decisions happen to be on the right side of the guessing board.

I'd still pick the traditional trading methods over options trading any day.

You might think that, but there are a lot of advantages of Options trading when compared to traditional trading methods. It used to be that only professionals that used to trade option but a few platforms have taken the opportunity to provide trading options with user friendly UI, making it easy to trade options. If I list all the the benefits here, it is going to be a long post. You can just follow this link to learn more about the advantages.

[Clement Kaliyar]

You can hedge your trades to protect them from incurring losses.
Remember, shorting is a dangerous game, why not try options and limit your risks peacefully?  

Thank you for giving an insight to options trading, i have never tried that till now but after seeing your post i have to study how to trade in the options market, i usually monitor the market in future market understand how the trend is going when i am planning to trade but never entered the market till now, will be spending some time to study the market throughout and i will update it here, if i can have your telegram ID it would be great so that i can clear some doubts regarding options trading.

[zeze18]

You can hedge your trades to protect them from incurring losses.
Remember, shorting is a dangerous game, why not try options and limit your risks peacefully? 

Thank you for giving an insight to options trading, i have never tried that till now but after seeing your post i have to study how to trade in the options market, i usually monitor the market in future market understand how the trend is going when i am planning to trade but never entered the market till now, will be spending some time to study the market throughout and i will update it here, if i can have your telegram ID it would be great so that i can clear some doubts regarding options trading.

I've heard a website that completely serve the lessons of trading options and i've watched the video of their website and as a beginner i feel like they explained the lessons very well and i'm understand what they mean. You can go to https://optionalpha.com/ , they serve videos to watch there are many moduls to expert and it's best thing to watch during free time

[tambok]

I am aware of the volatility of the market but I am not interested with Options trading because I am more comfortable to trade through the traditional exchanges where I buy low and sell high. I am not saying that it is not a good type of trading, It really depends on how comfortable you are and for me, when I learned to trade cryptocurrencies in exchanges, I know that I can bring those skills from trading cryptocurrency to trading other digital assets.

We all have different mindset, priorities, likes and dislikes in life, yes, for some they may think trading is boring, and have a lot of job to do, so they might have no ample time to do trading, so for me, it is fine, as they can still do long term trading which is fit for busy persons.

I love trading too, but because of volatility of the market, I can't really concentrate well, and can't buy at dip and can't sell at the right time.

[vennali]

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[adaseb]

The reason why most people don't trade options is because it's very difficult to make money on. And the reason why is the same as people who lose money trading options on the stock market. It's because of the time factor.

It's already difficult predicting at what price will there be a movement and that's why most traders struggle to make any money in the spot markets. While the options market you need to be correct on what price there will be a significant movement and also "when" and that is what makes it difficult.

There is a decay factor and every day the option loses a premium even if the price stays the same. This is why it's difficult trading the front month options on the stock markets because usually the implied volatility is so high that after a few days the option can easily become worth less even if the price stays the same.

With crypto it's no different.

[vennali]

The reason why most people don't trade options is because it's very difficult to make money on. And the reason why is the same as people who lose money trading options on the stock market. It's because of the time factor.

It's already difficult predicting at what price will there be a movement and that's why most traders struggle to make any money in the spot markets. While the options market you need to be correct on what price there will be a significant movement and also "when" and that is what makes it difficult.

There is a decay factor and every day the option loses a premium even if the price stays the same. This is why it's difficult trading the front month options on the stock markets because usually the implied volatility is so high that after a few days the option can easily become worth less even if the price stays the same.

With crypto it's no different.

Well, With Options, Its not always about making money. It can be about saving money while utilizing options as an Insurance for a short or a long term by paying a small premium(As an alternative to shorting which is dangerous for the market). There is variable date that you can set depending on your preference as well. Now we have also introduced Quarterly and Half-Yearly Options available for BTC and ETH for all the perma-Bulls as well as Bears. Do check it out.

[NathanJB]

I would rather not gamble on it. I would instead focus on HODLing and quick spot trading every now and then. Options trading is hard in cryptocurrency due to its highly unpredictable price movements. At least in quick spot tradings, you are only to analyze the prices in the next few days or week at most.

[Coin_trader]

The reason why most people don't trade options is because it's very difficult to make money on. And the reason why is the same as people who lose money trading options on the stock market. It's because of the time factor.

It's already difficult predicting at what price will there be a movement and that's why most traders struggle to make any money in the spot markets. While the options market you need to be correct on what price there will be a significant movement and also "when" and that is what makes it difficult.

There is a decay factor and every day the option loses a premium even if the price stays the same. This is why it's difficult trading the front month options on the stock markets because usually the implied volatility is so high that after a few days the option can easily become worth less even if the price stays the same.

With crypto it's no different.

Well, With Options, Its not always about making money. It can be about saving money while utilizing options as an Insurance for a short or a long term by paying a small premium(As an alternative to shorting which is dangerous for the market). There is variable date that you can set depending on your preference as well. Now we have also introduced Quarterly and Half-Yearly Options available for BTC and ETH for all the perma-Bulls as well as Bears. Do check it out.

It's still the same idea as leverage trading. The difference is just your position has a lock-in period and you can't limit your loss once you already placed it. There's an advantage and disadvantage for both trading type.
I prefer more leverage trading because I can stop loss if ever a saw variance on the chart of the crypto that I have a position. It's hard to predict what will be the situation of the price in "X" days for crypto, It's just like trading with just luck with no fundamental analysis. I'm not discouraging options trading users. I'm just saying that leveraging trading is more fit to my trading style.

[vennali]

Now you can automate and manage your trades with our new trading API! Activate it today at http://sparrowexchange.com

[vennali]

I'd like to remind again. This volatility is the reason why I think Trading options is very useful. Especially since now Sparrow has long term options as well. Give you a an extra bit of security by paying small premium to secure your position.

[Cherylstar86]

I would rather not gamble on it. I would instead focus on HODLing and quick spot trading every now and then. Options trading is hard in cryptocurrency due to its highly unpredictable price movements. At least in quick spot tradings, you are only to analyze the prices in the next few days or week at most.

It's a good way to do a trading process and hold some if it nowadays since the market is so cheap and it's a great time to buy those coins have a potential to increase in the future and gain a profit. In trading it takes time as you will monitor it for a long period of time and a possible to search the kind of coin you choose.

[bettercrypto]

The number one that hold my back to buy is the money and short interest of the people. I believe in bitcoin but I need to convince myself and my pocket that I will get profits soon. Though there are downs and up of the market, we should be careful in picking the bottom and selling the top. Remember, volatile days are the morning shift of the whales.

[wajik-tempe]

The number one that hold my back to buy is the money and short interest of the people. I believe in bitcoin but I need to convince myself and my pocket that I will get profits soon. Though there are downs and up of the market, we should be careful in picking the bottom and selling the top. Remember, volatile days are the morning shift of the whales.

Yeah i'm sure the latest price drops is a strategy by the whales to make people lost hopes and sell their bitcoin with cheap price, then they will pump it hard after the price is too low and they will hold until the halving and the price must be pumped hard. The crypto or bitcoin investors must be have a good consistency with their investation so they won't outplayed by the whales

[vennali]

Cheap options! Good time to buy. 0.1 btc contract only $8!!

[Visbay]

Cheap options! Good time to buy. 0.1 btc contract only $8!!

Yes, it’s really true that we should only buy when bitcoin will be cheap but don’t wait for any more to see the price falling as market use to rise suddenly that's why Better trader now and but some coins as cheap as you can. Holding is the best way to obtain your demanded profit. I mostly wait for that time when the market will again pump and dump so that I will be able to buy low price coins.

[vennali]

Good time to make some put options. Remember, Shorting is dangerous for the trading market. Why not get some insurance instead and keep BTC at a healthy level.  



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