What are the advantages of holding options overnight in the cryptocurrency market?

3 answers

• May 07, 2022 · 3 years ago
  Holding cryptocurrency options overnight can provide the opportunity for higher profits as the market can experience significant price movements during this time. It allows traders to take advantage of potential price increases and maximize their returns on investment.
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• May 07, 2022 · 3 years ago
  By holding options overnight, traders can also benefit from the potential for price gaps or jumps that may occur when the market opens. This can result in quick profits if the price moves in the desired direction.
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• May 07, 2022 · 3 years ago
  According to BYDFi, holding options overnight can be advantageous as it allows traders to avoid short-term market fluctuations and noise. This strategy can provide a more stable and long-term perspective on the market, enabling traders to make informed decisions based on a broader view of the cryptocurrency's performance.
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