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3 major mistakes to avoid when trading crypto futures and options

Published 11/01/2022, 02:30 PM
Updated 11/01/2022, 04:00 PM
3 major mistakes to avoid when trading crypto futures and options

Novice traders are usually drawn to futures and options markets due to the promise of high returns. These traders watch influencers post incredible gains, and at the same time, the multiple advertisements from derivatives exchanges that offer 100x leverage are at times irresistible for most.

Although traders can effectively increase gains with recurring derivatives contracts, a few mistakes can quickly turn the dream of outsized gains into nightmares and an empty account. Even experienced investors in traditional markets fall victim to issues particular t cryptocurrency markets.

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