Anikesh RajbharDec 29, 2021 · 3 years ago5 answers Which cryptocurrencies are most suitable for using put options as a hedge against price declines?
I'm looking for cryptocurrencies that are best suited for using put options as a hedge against price declines. Can you recommend some cryptocurrencies that have a good track record of being effective hedges? I'm particularly interested in cryptocurrencies that have a high level of liquidity and are less volatile. Additionally, are there any specific factors or indicators that I should consider when selecting cryptocurrencies for this purpose?