Post
Topic
Board Trading Discussion
Re: Explain crypto options to me
by
Wind_FURY
on 26/05/2024, 11:53:08 UTC

I still don't see the point.

Who specifically will opt for buying options and in what situation?

We can limit risk and leverage without options.


I tried learning about it by going through Bybit's course during COVID-19 lockdowns. Personally, for me it's useless because I'm a mere pleb with a small amount capital for gambling. It would be laughable but shitcoinery with Runes or BRC-20 might be more suitable for a pleb. The Options market is a kind of casino that is reserved for sophisticated whales with a large amount of capital to deploy.