How can BITCOIN options produce 20 TIMES payoff while Bitcoin 3rd halving?
There’s only 13 days left with the “The Third Bitcoin Halving Countdown”. As everyone knows, miners are rewarded a certain amount of bitcoins whenever a block is produced. After every 210,000 blocks are mined (approximately every 4 years), the block reward halves and will keep on halving until the block reward per block becomes 0 (approximately by the year 2140). As of now, the block reward is 12.5 coins per block and will decrease to 6.25 coins per block post halving. When the supply decrease, the price will certainly rise even the demands remains the same.
Blockchain has undergone a stormy course for ten years, there are series of new projects and technologies sprung up like mushrooms after rain include Ethereum with smart contacts; Zcash with the first use of zero-knowledge proof; MakerDAO creates the decentralized mortgages, let alone to build a language that links between blockchain and the real-world. As the source of this technology revolution, Bitcoin has finished the energization of “Digital Gold”. On one side is the high attention brought by technological development, on the other side is the scarcity brought by “digital gold”. The dependence on Bitcoin will only get higher and higher. Thus, the block halving effect will become much more significant.
Since the block halving becomes a hotspot, users always choose to be desperate and use limited funds to open high multiple leverage to open long Bitcoin contracts and make a wish to take advantage of the block halving to earn a big profit. Lucian, the chief analyst of BitOffer considered that although Bitcoin has characteristics of gold, the world has suffered many chaotic recently (so as gold plummeted), and the market cap of cryptocurrencies cannot be mentioned in the same breath with traditional financial markets for the time being. The volatility of Bitcoin price trends is still relatively large, and easy to rise or plunge within a short time. Even if the BTC price is long-term bullish, the contract users purchased are likely to be liquidated due to short-term volatility, and eventually, end up with nothing.
BitOffer exchange launched an unprecedented solution to prevent liquidation — — Bitcoin options. So how do we trade Bitcoin options?
For instance, BTC is now at $7500, considered the price will rise in one hour, you spend $20 in buying a 1-hour call options contract. As expected, BTC successfully rises $500 and after system automated settle the contracts, you will earn $500 as the payoff, which is 25 times compared to your initial cost. Also, there is no risk of being forced into liquidation while a short-term price declines and no position will be forced to close during the option validity period.
The above indicates the solutions for the risk control to BTC volatility, however, BTC freezes in a flat trading range recently, what should risk-preferred users make the move when the volatility rate is getting taper?
BitOffer exchange launched the “1-min digital options” with highly logical and fun to save the boring time. The operation is as simple as the “Sic Bo” game: all you have to do is to guess whether the BTC price will go up or down. The underlying will be the present price after bidding, and then you would earn the profit if you make a correct prediction of the direction, no matter the price trend was up or down. That is the charm of“1min digital options”, fresh and exciting, and make investment down to the earth.
The Chief Analyst Lucian believes that bitcoin will be expected to be Long-term bullish, investors can hold the bitcoin options without operation, and expiry settlement will magnify long-term benefits. For the short-term strategy and suggestion, 1-min digital options are a gorgeous choice that allows investors to trade frequently so that they can earn every cent of each minute.
