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RE: I just met someone who is trading options (1 minute). He doesn't know crypto. Later I will sell to him for 20 euro Bitcoin. Advice for him?
I use gdax. It seems secure, and margin trading is available on it, though I don't do margin trading myself - too scary.
Thanks improv. I think that marging trading is the same like options but you can choose the time by yourself?
I'm not sure what that means. Margin trading is, essentially, you get to spend money you don't have, which means you can short things, i.e., you can sell btc you don't own, and buy it back if it goes lower. I wouldn't risk that myself, as, while I expect there to be some significant up and down over the next years and months, I'm sure that it'll go up in the long term, and the what-ifs of short term rollercoasters are too much for me to stomach, since funds are tight as is.
Thank you and all others again for participating in this post, cu later!