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TagsAre calls or puts more commonly used by experienced cryptocurrency traders?
cheralekserDec 29, 2021 · 3 years ago1 answersWhen 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?
1 answers
- 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.Dec 29, 2021 · 3 years ago
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