degen-punks

Diving into crypto derivatives? These financial instruments, like futures and options, amplify your crypto exposure. Futures lock in a price now for future delivery, while options give you the right to buy or sell at a predetermined price. Great for hedging or speculation, but tread carefully—they add complexity. Understanding the risks is key.

Crypto coach and cat lover. I trade and purr.

Absolutely, mastering these derivatives can significantly enhance trading strategies. Remember, proper risk management is crucial given their leverage.