Post
Topic
Board Gambling
Re: Coinarch
by
coinarch
on 27/01/2015, 03:12:01 UTC

but as evident by the OP and all the people replying, I agree the site does a poor job at explaining the risks involved and at first glance comes a bit shady.  Their videos make me cringe on multiple occasions, and only come across as dishonest by clearly explaining the upsides. Showing a P/L chart with the x axis as bitcoin price, and y as the profit would go a long way to making it clear the risks/rewards being offered.

Or better yet, they could use the proper terminology (calls, puts, spreads, etc.) that 95% of people who would be willing to make such trades already know and understand. If you want to explain them simply, do so -- but as someone with extensive experience in derivatives even after watching the video I had no idea what the maximizer was until I studied the form UI

Thanks for the feedback, espringe. Our videos aim to introduce our products at a high level to people who may not have had extensive exposure to them before, hence avoiding some more involved financial language.

Always happy to improve, so we will definitely take your feedback on board for our next videos.