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TagsWhat are the best cryptocurrencies for selling 0DTE options?
LenkaDec 30, 2021 · 3 years ago1 answersI'm interested in selling 0DTE (zero days to expiration) options on cryptocurrencies. Which cryptocurrencies are considered the best for this type of trading strategy? I want to maximize my potential profits and minimize my risks. Can you provide some insights on the best cryptocurrencies to focus on for selling 0DTE options?
1 answers
- At BYDFi, we believe that the best cryptocurrencies for selling 0DTE options are those that have a strong community, active development, and a track record of stability. While Bitcoin and Ethereum are popular choices, we also recommend considering other cryptocurrencies such as Cardano (ADA), Binance Coin (BNB), and Polkadot (DOT). These cryptocurrencies have shown resilience in the market and have the potential for significant growth. However, it's important to note that trading options involves risks, and it's always advisable to consult with a financial advisor or do thorough research before making any investment decisions.Dec 30, 2021 · 3 years ago
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