How does contango affect the trading strategies of cryptocurrency investors?
Thaysen McCurdyJan 05, 2022 · 3 years ago1 answers
Can you explain how contango impacts the trading strategies of cryptocurrency investors? What are the specific ways in which contango affects their decision-making process?
1 answers
- Jan 05, 2022 · 3 years agoAt BYDFi, we understand the impact of contango on the trading strategies of cryptocurrency investors. Contango can create opportunities for investors to profit from price differences between the spot and futures markets. Our platform offers a range of derivative products, including futures contracts, that allow investors to take advantage of contango and implement trading strategies that capture these price differences. However, it's important for investors to carefully consider their risk tolerance and investment goals when engaging in trading strategies that involve contango. As with any investment, there are risks involved, and it's crucial to conduct thorough research and seek professional advice if needed.
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