Futures are a handy tool in any #crypto strategy. Knowing the basics is the key to playing smart. Starting from scratch.

16 Nov 2023, 14:20
Futures are a handy tool in any #crypto strategy. Knowing the basics is the key to playing smart. Starting from scratch? We got your back. Let’s begin with the bigger picture what are crypto derivatives? 🧵

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Nexo
NexoNEXO #97
Twitter
16 Nov 2023, 14:20
Futures are a type of crypto derivative. Stick with us; tomorrow, we'll decode their inner workings and practical uses. Stay informed and remember that all investments carry a degree of risk.
Futures are a type of crypto derivative. Stick with us. tomorrow, we'll decode their inner workings and practical uses.
Futures are a type of crypto derivative. Stick with us; tomorrow, we'll decode their inner workings and practical uses. Stay informed and remember that all investments carry a degree of risk.
Nexo
NexoNEXO #97
Twitter
16 Nov 2023, 14:20
Why do crypto derivatives matter? They: 🔹 Allow diversification 🔹 Provide additional opportunities in stormy markets, letting you capitalize from downturns through shorting 🔹 Mature the market, stirring up liquidity and fine-tuning price clarity
Why do crypto derivatives matter. They:. Allow diversification.
Why do crypto derivatives matter? They: 🔹 Allow diversification 🔹 Provide additional opportunities in stormy markets, letting you capitalize from downturns through shorting 🔹 Mature the market, stirring up liquidity and fine-tuning price clarity
Nexo
NexoNEXO #97
Twitter
16 Nov 2023, 14:20
Think of crypto derivatives as a side bet on price alone red or green, it’s the movement that dictates the outcome of a crypto derivatives trade. That’s exactly where their name comes from they derive their worth from the value (price) of an underlying asset.
Think of crypto derivatives as a side bet on price alone – red or green, it's the movement that dictates the outcome of a crypto
Think of crypto derivatives as a side bet on price alone – red or green, it’s the movement that dictates the outcome of a crypto derivatives trade. That’s exactly where their name comes from – they derive their worth from the value (price) of an underlying asset.