Topic: Earning a living from cyptocurrency options trading - page 5. (Read 3737 times)

Can you share your experience with options trading?

Options trading are beneficial way to use in actual trading. But I am not in this line since as a trader , though I am a small time, options trading is costly. I prefer traditional trading without having to deal with some options. Just normal trading will do. Doing it normally I am earning though small but I am comfortable in this way. But to experience traders it may be very useful to use options.

Well the strategy has always two sides, but at trading i believe you can loose a portion of your coins and not loose all atleast not at once, what happens with others gamblings ways, as casinos. I had tryed to profit from trade and i my funds went down around 0,13btc soo, if it were easy all would be doing it.

I personally have a lot of experience with options trading. In fiat and in Bitcoin. It is not that easy to make profit as the opening post states.
In contrary, the chance is high to lose your entire capital.

As quoted its true that an good initial investment is required to have a better living with bitcoin. Just with a small investment users can only fulfil a part of their basic needs.

i'll be following this thread closely , js;
i wasn't even familiar with the concept & because of this post now i'm all over the place reading what it is;
thanks in advance op for the hopefully super useful info you'll be posting here;


i guess its a matter of perspective, i can totally make it work with 4,5 btc initial investment!
cryptos is a vast market & trading is not the only thing you can do with 4,5 btc worth of assets!

This is only possible for people with something like 20btc and exchanging all days to get enought profit to make a live from those, the others people with 1 btc and 5 btc cant live from this, its insane to even try it, they can get an income but not enought.

It is a hard to thing try and make a living out of cryptocurrencies only because that means that you will have to handle in allot of them to make enough money to be able to pay for everything that you need to pay.
For me it would not be possible that is why I use it as an secondary income.

Still options are so expensive in Etheropt exchange, I'm waiting for better pricing. And some expirations are so close, I like longer expirations which means I will have more time to make profits and apply proper hedging strategies (risk management) on my existing positions.

In this thread, I'll explain BTC and ETH options trading for a living. Sometimes I'll post my realtime trades in order to give readers a better understanding of my winning strategy.

I'm using BTC-e for my all BTC and ETH trades and I'm using Etheropt for my all options trades.

Ok, lets start with some basics:

Traders/investors often use option contracts to decrease the risk associated with BTC or ETH. Suppose you own 100 ETH and want to protect yourself against a significant drop in value. Wouldn't it be nice to have someone else contractually promise to buy those cryptocurrencies from you for a guaranteed amount no matter what, even if the price fell to zero? That person will want a reasonable fee for providing that assurance, of course. As with fire or auto insurance, you hope never to file a claim. But if loss did occur because a house collapsed (or cryptocurrency ETH or BTC plummeted), financial disaster can be averted or substantially mitigated, depending on the terms of the policy and extent of the coverage elected. In this situation, an option contract is the exact analog of an insurance policy.

Another reason BTC or ETH traders/investors use options is to control a large amount of ETH or BTC without having to buy or own it. Suppose a trader feels that BTC is about to rise significantly in price. Wouldn't it be nice to pay a current owner of that cryptocurrency a reasonable fee for the right to purchase his or her BTC at a mutually agreed on price within a certain period?

I will post my realtime trades soon.