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RE: Trying out Crypto Derivatives!

in #bitcoin6 years ago

@bengy,

I used to manage two hedge funds. Be very careful ... leverage is a double-edged sword. Moreover, the crypto derivatives market is extremely immature and therefore nothing works the way it would in a mature financial market.

Nevertheless, derivatives are critical to the future of cryptos. You may gain some insight from:

https://steemit.com/steemit/@quillfire/derivatives-a-series-about-fixing-steemit-part-3

Good luck.

Quill

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Thanks for the reminder! Always good to keep cautious rather than be blinded by short term greed!

I've only put a tiny amount in to learn what it does and how it works. It really is a different experience to the direct sport market of the other exchanges. Lots to learn and gain experience in.

That said, I'm always pretty painfully aware of the nasty side of the sword!

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