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This week brought with it an undeniable vibe shift in the crypto market. Just last month, investors were eagerly anticipating new all-time highs, but the past few days have been marked by significant declines in crypto’s majors and profound weakness for many top altcoins.
In our citizen-exclusive Bankless article published last week, we revealed how risky 0DTE crypto options can enable you to profit big from sudden market swings. The recent fall in prices proves just how powerful such options can be, with 0DTE put options returning core-shaking multiples amid the chaos!
Fortunately, options aren’t all about short-term speculation and gambling. Today, we’re exploring how longer-dated put options can help to hedge your portfolio against catastrophic losses in another disastrous downside scenario. 👇
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