Let's talk about dual currency winning. This is a screenshot of the order collection after it expired yesterday. I calculated that there is 91U, and we have pig trotters rice.

I have played dual currency winning before, but I didn't understand it very thoroughly at that time, so I didn't know what I was earning and what I was losing. Today, I'll explain it simply.

Dual currency winning is actually options. There are very few users trading options in the cryptocurrency circle, and the most common place for options is in the US stock market.

Compared to contracts, the risk is much smaller. If the strategy is appropriate, the return will not be less than that of contracts. However, it has a relatively high entry threshold, so the options market in the cryptocurrency circle is still very primitive.

To put it simply, I think options are very suitable for high selling and low buying. Specifically, if you think Bitcoin will rise to $110,000, which meets your psychological expectation, you can place a sell order for the $110,000 option. You can choose the time frame, of course, according to the times listed on the exchange.

If on the expiration date of the options, the price reaches or exceeds $110,000, then sell it at $110,000 plus the annualized return within the specified time. If the price of Bitcoin is below $110,000 at the expiration date, then you will earn the option premium, and the Bitcoin still belongs to you.

Some people also use options to bottom-fish for Bitcoin. For example, if you are currently holding no position but do not want to buy Bitcoin at the current price, the usual options are either to place a market order, such as placing an order at $90,000 to automatically execute when Bitcoin drops, or to use USDT for wealth management to earn returns. However, both of these methods have low capital utilization rates. If you use options, the capital utilization rate is much higher.

You can buy options at the price you think is appropriate. For example, if $90,000 is your desired buying price, you can choose a time frame of three days, five days, or half a month, but it shouldn't be too long. The annualized return should be over ten percent. The probability of the price dropping to $90,000 in the short term is very low. We can earn its annualized return during this period. If the price really drops to $90,000, we will buy at that price, which can also be considered as completing a bottom-fishing strategy.

Especially when the bear market comes, we can choose options with low Bitcoin prices and acceptable annualized returns, allowing capital to generate earnings while completing a bottom-fishing strategy, achieving two goals with one action.

Due to the complexity of options, I am also a beginner and may not explain it very clearly. Interested friends can do more research on their own. I believe that because there is a threshold, there will be opportunities. Using options well can give us an additional income when the bear market comes.

Spot and contracts can only generate profits when the market fluctuates, but options can make money not only when the market is volatile but also when the market is sideways.