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Cryptocurrency is one of main words of 2017! It is a buzzword used by every regular Joe around the globe. Even a lady selling groceries at your grocery store talks about bitcoin. Better informed people talk about Ethereum as future bitcoin, other favour Litecoin or Ripple. But no one even doubts that cryptocurrencies are here to stay. They have gone mainstream. But did you hear about cryptocurrency options?
Milions of people around the world are investing in crypto and cryptocurrency options. Already big exchanges from USA are offering futures contracts to their traders. Here we will write about how anyone can have piece of big crypto cake. Trading futures on such big exchanges is a prerogative of big institutional investors, but where is the chance for small time traders? Opportunities are presented on this very page. If you are investing in crypto, you can use cryptocurrency options to hedge your risks, if you have missed out on crypto boom, you can get back into game by trading high yield options and finally if you understand that crypto market is volatile and investing in cryptocurrencies takes months and even years to return, then trading options is the right thing for you!
You can check the list of brokers offering options on cryptocurrencies that we have reviewed. Reviewed brokers are checked for quality of their services, reliability of earned money withdrawal and generally they are tested for scam. All brokers reviewed on optionsreviews.com are trust-worthy.
Why Trading Cryptocurrency Options?
If you have just basic information about cryptocurrencies you understand that crypto market is quite volatile. Prices of bitcoin that is most famous cryptocurrency often soar and then just after few days come crashing down. The same can be said for other cryptocurrencies. Options are perfect solution for such markets. With options you only need to know the direction in which price will go. If you see that prices of certain cryptocurrency is reaching all time high on your favourite exchange then you know price will go down soon. All you need to do is to buy low option and wait for the price to plummet. Whether the price goes down or up it doesn’t make any difference as long as you buy the right option.
If you are holding a position in certain cryptocurrency and are afraid that price might go down, you can hedge your risk by just buying a low option. In case that price goes down you lose value on your cryptocurrency asset, but you make money on low option.
If you are one of those who just didn’t start investing in crypto on time don’t be afraid. Options might save a day for you. You can invest in options with high yields. Even if cryptocurrency for which you are buying an option doesn’t move a lot you can make big return as long as you predicted correctly the direction in which price moves.
You can get more information about cryptocurrencies and options in the articles below. Feel free to check out reviewed brokers. Make sure you only trade with trust-worthy brokers; there are a lot of scammers out there.
So far we at Options Reviews avoided reviewing automated trading software. We mostly believe in good old “manual” trading and frankly trading robots stink of scam practises. While that may be true, it appears trading robots are gaining a lot of popularity. Thus, we have decided to check them out! First of automated trading software we checked is Crypto Robot. Why? Crypto trading is in, we are also part of ...Read More
Todays Crypto Market Report starts with BitConnect. Once regarded as high potential alt coin, BitConnect has reached its lowest level since its inception. What happened? Everything started with announcement that BitConnect exchange is being shut down due to its legal issues. Regulatory bodies of Texas and North Carolina both issues cease and desist orders. Company announced this Tuesday that it is terminating its lending operation and exchange in five days ...Read More
January 16th is very bad day for cryptocurrency market. Value has been lost across entire market, altogether whooping $50 billion left the market. This big correction was a third correction in past ten days. Major cryptocurrencies such as Bitcoin, Ripple, Ethereum and Bitcoin Cash declined by 11%-30%. At the same time smaller cryptos recorded even larger losses. This is not surprise, more of a rule in crypto market In top ...Read More
Bitcoin is word of 2017! No word was mentioned more often in media entire year. And results are obvious, from less than $1.000 in January 2017 it went up to $20.000 in December that same year! Incredible growth, that was followed by fall, but Bitcoin is still trading at high level of around 13-14 thousand dollars. Bitcoin had really bumpy ride in 2017. Investing in such volatile asset isn’t for ...Read More
Litecoin is one of those cryptocurrencies that were created by design almost identical to Bitcoin. However there are significant differences. Litecoin aims at Bitcoins weakest point and that is speed of transaction which can take a lot of time with bitcoin and can be done very fast using Litecoin. This property alone makes it very popular. For years Litecoin has been one of cryptocurrencies with biggest market caps. In December ...Read More
Dash is one of most popular cryptocurrencies in the world. 24Option has recognized that and has offered their traders opportunity to trade Dash options. Dash has seen meteoric rise during the last two months of 2017. Why is Dash coin so popular? How 24Option Dash trading works? Why to trade Dash options rather than Dash itself? This and other questions we answer in the text below. Keep on reading! 24Option ...Read More
Bitcoin as other cryptocurrencies is HOT! Everyone is talking about it and many people are mining or trading it. We will focus on trading. Usual way to trade Bitcoin would be to register at one of many exchanges and then start trading. This has a significant downside and that is you need to wait for certain time period for cryptocurrency you invested in gains more value. There is always danger ...Read More
We are in the middle of heated debate about Bitcoin and other cryptocurrencies. Some people call entire crypto phenomenon bubble, other are investing like mad and expecting huge profits. One of prominent bankers JPMorgan Chase chief executive Jamie Dimon made claims last year that Bitcoin is a fraud. Although he has taken a step back on that claim lately, still he claim JP Morgan Chase will not invest in Bitcoin ...Read More
Very eventful day on the markets was this Monday, January the 8th. Everything started on Asian markets as it always does. Etherium is the winner of the year so far. Gains for this cryptocurrency are consistent, unlike other cryptos, his one seems to be stable. So far… Asian markets see steady rise in price of Ethereum, but it couldn’t be said the same for Ripple or other cryptocurrencies. There was ...Read More
It has been interesting few days on cryptocurrency market. Then again, every week is very interesting and sees great changes and wild price movements. Winner of this week is definitely Ripple and their token XRP that has seen huge surge in value. You can read article about that here. Generally crypto market has reached all time high this week, today entire market cap went over $700 billion! This is astonishing ...Read More
Things are as always developing quite fast on cryptocurrency market. There are new developments every day. 2017 was real roller coaster, but that year finally saw full adoption of cryptocurrency market by wide range of media houses. Now everybody is talking about crypto! This is good news, since more and more investors are coming to crypto market and thus rising prices of cryptocurrencies. It is important not to miss out ...Read More
We at Options Reviews always advise traders to rather trade cryptocurrency options rather than cryptocurrencies themselves. Why? Well this advice is applicable to well established cryptocurrencies like Ripple. Trading Ripple at this time when it has reached its all-time high won’t make you big profits in the short run. In long run maybe, but you can’t expect short term returns. With options it is entirely different story. With options you ...Read More
Answer to this question is really simple: Don’t trade Ethereum, trade Ethereum options. Why? Well, we are talking here about well-established cryptocurrency, which is much more than just a cryptocurrency, but we will get to that part later. Truth is: Ethereum is old news. If you would invest in it now you couldn’t really make a lot of money in the short run. But if you trade options that have ...Read More
As we have written before on optionsreviews.com 24option has already enabled its traders to trade cryptocurrency CFDs. Now things are improving even more with 24option as one of the leaders in options trading industry is increasing number of available options to trade. Currently 24Option is expanding its offer of cryptocurrencies for trade in order to make trading as versatile as possible. 24Option Cryptocurrency Trading – How To Trade? First step ...Read More
As well established broker, Olymp Trade is always keeping its offer up to date. Most recent addition are cryptocurrencies. Crypto is really a buzzword of the year! Now everybody is investing in them. People usually buy cryptocurrencies on crypto exchanges but thanks to Olymp Trade you can now trade cryptocurrency options. What is great about Olymp Trade cryptocurrencies? Continue reading to find out! Olymp Trade Cryptocurrencies – Why Trading Cryptocurrency ...Read More