What situation
Okay
Let's go back to that one sentence
1. Price forecast
2. Time cycle
3. Take profit
4. Mindset
5. Cost
You opened an 11-month time cycle
160000
Then $BTC rose and you actually lost money
This is quite possible.
When doing options, you need to have a logic in operation
For example, I opened a 9/26 2400$ETH put
I know it will definitely spike
When it drops, I make a profit
I don't even need it to reach 2400, just a few hundred points and I have good returns.
Just manually take profit.
Loss is 75u cost.
Profit is over a thousand u.
When doing options, you clearly understand the profit and loss ratio
And also know the rules of operation
Of course, betting is also possible,
If you treat it like a horse race ticket, I think it's feasible
After all, the legend of becoming rich overnight with horse tickets
I see very often.
