In this episode of Be[In]Crypto’s Video News Show, host Juliet Lima offers three advanced tips for surviving a crypto bear market. She offered some basic suggestions for trading during a bear market in an earlier video.
Selling covered calls in a bear market
According to Juliet, options trading can be tricky but it’s a great way to make a profit in a bear market. An option is a type of contract that offers the buyer the opportunity to buy or sell an underlying asset at an agreed-upon price and date, depending on the type of contract they hold.
There are two types of options. Calls and puts. Calls give the option holder the right, but not the obligation, to buy the underlying asset at a set price on or before a particular date. On the other hand, puts give the option holder the right but not the obligation to sell the underlying asset at a set price on or before a particular date. In other words, a call is the right to buy, a put is the right to sell.
The agreed-on price of the...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...