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This simple Bitcoin options strategy lets traders profit while also hedging their bets
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For traders who are undecided on Bitcoin's (BTC) move, the "long condor with call options" yields optimal results with very low risk.
This strategy offers protection down to $53,500, which would be a 7% downside move from the current $57,600, and returns a positive outcome up to $67,500.Options markets provide more flexibility to develop custom strategies.
Read more on cointelegraph.comAbout this in other media
A Bitcoin boom fueled by cheap power, empty plants and few rules economictimes.indiatimes.com /5 months ago
We are seeing ‘10x growth in terms of the number of nonprofits accepting crypto,’ says Alex Wilson of The Giving Block cointelegraph.com /5 months ago
Celcius CEO not worried about Bitcoin, Ethereum being deemed securities ambcrypto.com /5 months ago
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