As we all know, the 3rd bitcoins halving completed 2 days ago.
In this post, I made a poll on it, and please kindly select your answer of "did you get liquidated?". And on Friday, I will choose one as the lucky dog to give away an options contracts to him on BitOffer.
Under the BULL news of Bitcoins halving, the market did not pump as we expected but plunged when most investors focused on the market with full of hope. At last, only disappointments lasted.
The plunge did harm to the investors. The liquidation data showed that during the period before and after the Bitcoins halving, near 300 million dollars positions got to be liquidated. When the market increased to $9,150, it gave out the signal that the market tended to pump. However, it was a temptation. After then, it dropped by more than 10% and predated the positions that fell into the trap. The Bitcoin Futures market now was toxic since some top cryptocurrency exchanges abuse the concept of “leveraged trading” and ignore users’ risk tolerance, like what happened on the ICO market, now bring up a “Yesterday Once More” on the cryptocurrency derivatives market.
But if investors who bought put options contracts on BitOffer Options or Binance Futures, they should have hedged their Bitcoin positions. Since the Options trading on BitOffer and Binance was "At-the-money" options, the investors only need to pay the premium that can only be $5 to $100 on BitOffer, then they would be able to directly earn the change of Bitcoins when the Bitcoin price declined while the 3rd Bitcoin Halving. That is why BitOffer investors and Binance users can earn almost 2,000 USDT with $5 to $100.