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The default binary options are estimated as a casino or Russian roulette. It cannot be justified that a binary or algorithmic trading system is a secure medium, that is to say, that financial markets have a certain degree of volatility that places them as dangerous or somewhat risky, imagine that you place an upside position to close in 1 minute You are confident based on your analysis that your position has more than 79 by the way of winning but it turns out that in the middle of the climb, a fundamental story begins to reverse the general trend of the day, you already open lost and not only with this example There are technically many traps in the markets so that you decide to allow yourself to play with high frequency binary algorithmic options, that is why these environments are more of bets than of confirmed technicalities.

Check the pic, it was just a classical triangle pattern. Ups or Downs? But no matter how it will go, guys just don't forget to hedge your positions. I just bought a BitOffer 7-days put options contract to hedge the risk. In my view, it was the cheapest way to hedge my bitcoin position: 1. It charges 0 fee, 0 margin. So, I only need to pay premium to buy the contracts. 2. To hedge my position for 7 days, I only need to pay $500. That is the cheapest one that I can find in the market. But I will suggest you guys to buy when the signal shows up. Like this time, the triangle pattern showed up. 3. It is also the easiest hedge tool for newbie or ppl who does not want to deal with complicated things. For example, if the bitcoin price dropped to $4,000 within 7 days, even I lost a lot, I would still directly earn $4,000 from my put options contract on BitOffer. At last, how do you think about the market, Ups or Downs?