Post
Topic
Board Trading Discussion
Re: Explain crypto options to me
by
capoeira
on 27/05/2024, 13:48:20 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.

It seems like you can't talk about options without people having binary options in mind. I don't think real options are more of a gamble than any other trade.