Since 2009, Bitcoin has set the tone when it comes to the world’s most successful cryptocurrencies. Over the years, digital money has developed into an extremely popular speculative object and attracted many private investors and companies. The so-called options are an exciting trading opportunity. But what exactly is this and what are the advantages and disadvantages of Bitcoin?
How do options trading work?
If you look at the development of bitcoin in the past few months, you will primarily see a slight drop in the price. While the leading cryptocurrency was worth around $ 8,650 three months ago, the price has dropped to around $ 7,000 in recent weeks. Even if the share prices of large companies fell even more sharply, investors now have the opportunity to take advantage of low prices. A particularly exciting trading option is trading with options. This is also an opportunity in the case of Bitcoin, which many traders are interested in.But what exactly is trading options? For the retailer, it is primarily about speculating on the forecast value of a selected market. In this respect, the offer is comparable to futures, which, however, have to be traded.