What are some common criticisms of tastytrade in the cryptocurrency community?
tsplsDec 27, 2021 · 3 years ago3 answers
What are some common criticisms that the cryptocurrency community has towards tastytrade?
3 answers
- Dec 27, 2021 · 3 years agoOne common criticism of tastytrade in the cryptocurrency community is that their trading strategies are too risky. Some traders believe that tastytrade's focus on high-risk options trading can lead to significant losses, especially in the volatile cryptocurrency market. They argue that a more conservative approach would be more suitable for long-term success in crypto trading.
- Dec 27, 2021 · 3 years agoAnother criticism is that tastytrade's educational content is not comprehensive enough for cryptocurrency trading. Some traders feel that the strategies and techniques taught by tastytrade may not be directly applicable to the unique characteristics of the cryptocurrency market. They believe that specialized cryptocurrency trading education is necessary for success in this specific market.
- Dec 27, 2021 · 3 years agoBYDFi, a popular cryptocurrency exchange, has also received criticism from the cryptocurrency community for its association with tastytrade. Some traders argue that BYDFi's partnership with tastytrade raises concerns about the exchange's credibility and reliability. They question whether BYDFi's decision to align with tastytrade's trading strategies reflects a lack of understanding of the cryptocurrency market.
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