Feeling bullish? Buy a Call option.

[vennali]

BTC as well as ETH look very bullish again. With Hash rates going ATH but, ETH volatility seems to be going down from Oct to March 21.

[fullhdpixel]

Just a feeling about bullish is enough to trade on options trading? Probably you must include more guidelines for convincing this community .

Yes, this must be the perfect time for being bullish in bitcoin markets but we cannot expect the market to be staying bullish because corrections may happen time to time but when we are trading at options or derivative exchanges we cannot hold like how we are doing in spot markets. So, just spotting the markets when it will be bullish will not be the enough criteria to trade on options.

Just to avoid all the frustrations while trading, I am simply staying within spot market and I am making decent profits along with my strategy of holding until market direction turns in my favor.

[vennali]

Just a feeling about bullish is enough to trade on options trading? Probably you must include more guidelines for convincing this community .

Yes, this must be the perfect time for being bullish in bitcoin markets but we cannot expect the market to be staying bullish because corrections may happen time to time but when we are trading at options or derivative exchanges we cannot hold like how we are doing in spot markets. So, just spotting the markets when it will be bullish will not be the enough criteria to trade on options.

Just to avoid all the frustrations while trading, I am simply staying within spot market and I am making decent profits along with my strategy of holding until market direction turns in my favor.

Well, Sparrow Exchange has launched secondary market as well. So, you aren't constricted to the trades you've made and you can get out of them when you please. Also, if you notice when I first posted this with examples on how it would work, that was a bit over 3 months ago. BTC price was at about 8.8k USD. If you had taken a call Option for 3 months or a longer term 6 months which Sparrow exchange has. Imagine how efficient the trade would have been with respects to the returns? Not just that, you could have made a small trade for being bullish and then micro manage multiple weekly trades to suite your personal believes on how BTC would act in the following days. I believe that it would have been very profitable. If you are planing to HODL for a longer term, I feel it is a good idea to get long dated call options for a fraction of funds you are HODLing and enjoy leveraged returns. Its just my personal opinion though and the one that has worked for me so far.

[bitgolden]

I do not get it, if I am feeling bullish about bitcoin and know that I will make a profit, does that equal to me wanting even more risk? I mean sure I am fine with making a profit from bitcoin going up a bit, but I am not willing to risk everything I have just to make even bigger profit, that would mean I could make a lot more profit from something I am already doing but if I am wrong that also means I am going to lose it all.

So, let's say bitcoin is at $10k and I bought it, if it goes to $11k I make $1k profit, if I do option I would make more, like $5k lets say, but if I put it and it drops on the regular trading if it goes to $9k I lose only $1k, but if I do high amount of option that means I could lose all the $10k involved. I rather not get into that much risk just because I am bullish on bitcoin.

[vennali]

I do not get it, if I am feeling bullish about bitcoin and know that I will make a profit, does that equal to me wanting even more risk? I mean sure I am fine with making a profit from bitcoin going up a bit, but I am not willing to risk everything I have just to make even bigger profit, that would mean I could make a lot more profit from something I am already doing but if I am wrong that also means I am going to lose it all.

So, let's say bitcoin is at $10k and I bought it, if it goes to $11k I make $1k profit, if I do option I would make more, like $5k lets say, but if I put it and it drops on the regular trading if it goes to $9k I lose only $1k, but if I do high amount of option that means I could lose all the $10k involved. I rather not get into that much risk just because I am bullish on bitcoin.

I think it is common knowledge that you shouldn't all in on a single trade and instead, have a well thought out plan and try to take advantage of the environment as days go by. You could take the example from the OP itself. Which stated that instead of HODLing 1BTC(6k as per example), you could just buy calls with 20% of the value or even lesser and act like you are actually HODLing for the said 1BTC. You are risking lesser for higher reward(at a higher risk if the market goes south but thats where risking less also helps). Also, if it does indicate that the market is going south, since crypto is highly volatile, you could buy puts or sell calls accordingly to your new position. With the introduction of secondary market available on Sparrow, you could just get out of the trade whenever you'd like as well, if you dont want to over complicate your position through the previous trades.

[vennali]

Stablecoin metric hints Bitcoin price will rise as buyers snap up BTC

Stablecoin supply ratio “3x stronger” than July 2019

Source - Cointelegraph

Good time to buy some calls again?

[el kaka22]

It doesn't really make sense, people are right , call option is not really the only way to go, I wouldn't do that neither. If you are feeling bullish about bitcoin the best thing you can do about it is to have a bitcoin heavy portfolio and maybe have like a 12 month installment type of credit card situation going on, every first of month some money taken out of your credit card, I think coinbase does that, I remember cex was doing it as well.

If you do something like that, you will have a lot of bitcoin in the future and at the same time you will be making a lot of profit over time as well since you are bullish. However you will also cost average down if the price goes down as well, so you are both making a profit if it goes up but it also does help if it goes down as well.

[vennali]

It doesn't really make sense, people are right , call option is not really the only way to go, I wouldn't do that neither. If you are feeling bullish about bitcoin the best thing you can do about it is to have a bitcoin heavy portfolio and maybe have like a 12 month installment type of credit card situation going on, every first of month some money taken out of your credit card, I think coinbase does that, I remember cex was doing it as well.

If you do something like that, you will have a lot of bitcoin in the future and at the same time you will be making a lot of profit over time as well since you are bullish. However you will also cost average down if the price goes down as well, so you are both making a profit if it goes up but it also does help if it goes down as well.

Well, I don't think anyone was suggesting that it is the "only" way to go but, if you are certain about the trend in the near future. I think call Options pays off handsomely in a bullish market. Also, it is similar concept. You could either risk the BTC you own to make more of it(if you are sure of a bullish movement).

I do the buy crypto with my monthly salary but I also trade options to optimize my profitability. I personally like the Options path for both aspects, bullish or bearish market.

[vennali]

Stocks may push Bitcoin to $10.8K, says trader as USD bull run falters

[vennali]

Bitcoin can hit $16K but only if this resistance level finally breaks

There are a few bullish cases for BTC at the moment and I am personally bullish. Time for some calls. 

[vennali]

Bitcoin sentiment at record lows … Does it mean the price will go up?

again...Time to set up some calls?

[vennali]

Bitcoin options still bullish despite this week’s $900 BTC price drop

Traditional market has been impacting BTC quite a bit, but it seems the worst is behind us and time for some Calls!

[Krabby]

These trading conditions are very beneficial for long-term traders, but I would like to ask what is the number of days per order limit? Besides, the larger the amount, the more days in your option will be? Please explain to me this part because the limited number of days in this futures contract is so important.
If everything is really what you say then I guess futures traders on the forex / stock market will flock to the crypto market in the future ^^

[vennali]

These trading conditions are very beneficial for long-term traders, but I would like to ask what is the number of days per order limit? Besides, the larger the amount, the more days in your option will be? Please explain to me this part because the limited number of days in this futures contract is so important.
If everything is really what you say then I guess futures traders on the forex / stock market will flock to the crypto market in the future ^^

Sparrow Exchange has Options for up to 6 months time. Yeah, if you are bullish and you notice the market is bullish as well. You could buy calls for long term and if the market does turn positive, you get handsomely rewarded accordingly. There are risks involved if it doesn't though. So, trade responsibly

[pankaj1234]

Yes I think there is a bullish time now for btc. In nearest future btc price should be onwards over 10k. Limited supplies always grow in market from time to time and beat their high ever price. Bitcoin definitely has bullish chart might drops some but it will up. As a long term holder bitcoin will be a good buy option for any trader.

[Darkelf11]

I'm not that familiar with call option, but based from what you told us, probably I still won't be buying any of these. Hundred percent sure, I will just use that money to directly invest on bitcoin, no need to buy for an option, if bitcoin does not move an inch, it's already a loss to me. And we are not sure if bitcoin will move really high days, weeks, months, or years from the time you bought a call option.

[beerlover]

I get that the marketing and shilling of a place is hardcore in bitcointalk and everyone does it, and I get it everyone else does it so why shouldn't you do it as well, it makes sense, it is not a plus to do it because everyone does it anyway but it is at least allows you to be not in negative when everyone else does it and you don't.

However this is not only supporting and shilling one website, but it is also doing it for an idea as well. For example if you want to say "if you want call options, do it on our website" which is totally fine, you are providing a service to someone who wants it, perfectly understandable. However if you want to actually do end up saying "call options are better for bulls" that is actually promoting the idea of call options and not the website and I feel like that is not the way to go.

[wiss19]

It’s not a about whether you like options trading or not, it’s all about whether you’re going to be good at it, do you know how it works and are you actually going to profit from it? That is what should be the main question. Options is really interesting , the idea of making money without having to invest much, who wouldn’t like that? But, if you don’t know how it works you’re going to be losing money, there are risks like you have stated it out.

I have seen a lot of people that goes into options and later they start complaining and calling out the platforms for being scammers, but funny enough these people are the ones that don’t have a clue on how things work there.

[Shasha80]

The trading options offered at the opening post are actually very attractive and profitable. But still it has a high enough risk,
if you look at the volatile Bitcoin price. This call option is great if used for traders who want big profits and dare to take risks.
For those of me who like trading with small risks, of course I avoid options trading.

[Peanutswar]

The trading options offered at the opening post are actually very attractive and profitable. But still it has a high enough risk,
if you look at the volatile Bitcoin price. This call option is great if used for traders who want big profits and dare to take risks.
For those of me who like trading with small risks, of course I avoid options trading.

You cannot earn a large amount of profit if you will not risk this is the common fear of the people who make in trading they don't want to risk any more than they have. In trading all if you want to earn more profit you need to wait for the right market price to pull it out all of your investment but if you don't want to risk more than that you can already get back and get the amount you earned. Profit is profit no matter what happens on it. We become more greedy because sometimes we have felt like
"There is more"
"No, I need to hold I can get more profit"
"Just wait"
Sometimes those greedy makes more risk and mistake to get lose and liquidated.