Quang Cao Billboard VNDec 16, 2021 · 3 years ago2 answersIs buying puts a good option for protecting my investments in the volatile cryptocurrency market?
I'm considering buying puts as a strategy to protect my investments in the highly volatile cryptocurrency market. Can buying puts be an effective way to mitigate risk and safeguard my portfolio? What are the potential benefits and drawbacks of using puts as a protective measure? How do they work in the context of the cryptocurrency market? Are there any specific factors to consider when buying puts for cryptocurrencies? How do they compare to other risk management strategies in this market?
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