Olymp Trade - discussion
#11
If only... Most crypto-coins, unfortunately, aren’t in demand and will definitely die out. How else? Now everyone announce their coins. Even Kanye West has its own crypto-coins!
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#12
Investment is a long time and the prices are unlikely to grow. A chance to miss is very big. Many people say that bitcoin will not last long. Surely it will be bypassed by some other coin and then it will collapse. An unpleasant scenario, of course, but this is an extra incentive to look for ways to make money from trading. Faster and safer ways than just sitting, hoping and waiting.
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#13
Ok, let’s suppose that. And what’s the binary options broker has to do with it? Options are a risk!
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#14
(01-10-2019, 09:57 PM)Braith Wrote: I checked out a couple of lessons on the demo account, but I didn't understand whether it's more profitable to trade forex or options. When trading options you might get overexcited, and it's not always good. And I still don't understand, why aren't there any spreads here?

I also had the same problems when I got into options, it was very profitable but very suspicious as well. But when trading forex, nothing was suspicious because all the money was for me and me only and that there was a buy and sell rate for them as well, so it was confortable trading on the forex market. For the question of the spread, there are  three basic classes of spreads are the vertical spread, the horizontal spread and the diagonal spread. They are categorized by the relationships between the strike price and expiration dates of the options involved.
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#15
(07-01-2019, 03:16 AM)Braith Wrote: Investment is a long time and the prices are unlikely to grow. A chance to miss is very big. Many people say that bitcoin will not last long. Surely it will be bypassed by some other coin and then it will collapse. An unpleasant scenario, of course, but this is an extra incentive to look for ways to make money from trading. Faster and safer ways than just sitting, hoping and waiting.

In fact, investments in cryptocurrency is an interesting thing. Urazulum is right though, Olymp Trade is primarily an options and Forex broker. Of course, you might as well speculate with bitcoin on here, but you won't be able to invest in some other less known coins, as the platform contains only the most popular ones. In my opinion, that's rather good. The bitcoin has gotten pretty stable, I've read that its chart's dynamics is similar to that of gold. On the contrary, the smaller coins are unpredictable. You will hardly manage to predict their dynamics, much less earn on it. 
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#16
The risk is everywhere. The question is where it is easier to make money. Broker provides leverage, which is not provided by the exchanges. Without leverage you won’t make much.
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#17
Lmao, the bitcoin payout rates are sometimes so ridiculous that I don't even want to consider bitcoin as such Smile) At the same time, the currency pairs are quite OK, with the payout rate being some good 82%. Or at least that's the rate of the major currency pairs. Some exotic ones might have it lower, for all I know.
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#18
Yeah, that's indeed important. Basically, EUR/USD is an optimal asset - it doesn't only have good volatility but also high payout rates of 82% (while the VIP-account makes it as much as 92%). I usually trade either with EUR/USD or with GBP/USD (though not so often). However, most often I use the Olymp Trade forex platform as I'd already mentioned previously...
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#19
Now I’m looking for the broker to trade the options and compared Olymp Trade number of assets with other top brokers. The majority has less than Olymp Trade, but some has more of them. So now I’m thinking how important is this? I like Olymp Trade platform, I would like to trade there, but I want to make sure that this is the right choice.
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#20
I think, it’s all not that important. Anyway, the majority of traders are trading EUR/USD, this assets is the most liquid. if the payout rate for it is higher and commissions (on forex-platforms) lower, does it make sense to choose other assets? Just to protect yourself and for the diversification, and even in such case GBP/USD and USD/jpy would be enough.
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