HOW TO TRADE BITCOIN IN BINARY OPTIONS WITHOUT GETTING SCAMMED – 80% ROI
Welcome, you are probably here to know how to trade bitcoin option, and am here to reveal how to do it without been scammed.
What Are Bitcoin Binary Options ?
Bitcoin Binary Options is a form of trading in which you predict if the price of Bitcoin will rise or fall in a certain amount of time. If you’re correct you earn the option’s payoff, if you’re incorrect you loose your investment. Each Bitcoin binary option has a specific expiration date at which the option is checked to see if it’s “In the money” (you were correct) or “Out of the money” (you were incorrect). Each Bitcoin binary option also has a specific payoff that you can win. They are called “Binary Options” because the outcome is either win or lose, there’s nothing in between.
Example: Let’s say it’s 8am and the BTC price is $740.20. You believe that by 7:05pm on November 30th the price will be higher than $740.20 so you buy a “Call” option. If at 7:05 pm the BTC price is higher than $740.20, you earn the payout of 78% of your investment, if it’s lower, you lose. Another example is if you think the BTC price will go down. You then buy a “Put” option. If the price at the expiration time is lower than the original price, you earn the option’s payout.
Upside of Bitcoin Binary Options
You don’t have to know the exact value of Bitcoin when the option expires, only if it increased or decreased.
You don’t have to have extensive knowledge in trading to participate in Bitcoin binary options.
Payout can reach up to 88% return on investment.
Downside of Bitcoin Binary Options
As you may have noticed, Bitcoin binary options have a great similarity to plain gambling. If you studybinary options in detail you will see that the trading platform will always have an edge over the investor (you need to win over 50% of the time just to break even). Because of the unpredictable nature of Bitcoin binary options many countries have strict regulations regarding who is allowed to operate such a business, it is advisable to check if the exchange were you wish to trade Bitcoin binary options is regulated. Also Bitcoin options can become highly addictive (just like gambling), and no matter how knowledgeable you are, it’s impossible to consistently predict what Bitcoin prices will do within a short time frame.
Bitcoin Binary Options Exchanges
Today, the best two company to start trading are, TradeRush and Top Option because of Bitcoin’s increasing volatility and are allowing customers to trade in Bitcoin binary options and also Accepts customers Worldwide.
Caution! Your Capital is At Risk
You can lose all your capital if care is not taking because trading in Binary Options is highly speculative and involves a significant risk of loss. Such trading is not suitable for all investors so you must ensure that you fully understand the risks before trading. And do more research, to get started use the links above.
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