Managing a profitable business endeavor is what some might call an art. Changing markets, regulations and risks accompanying finance activities are no news anymore. The same can be said for “alternative” finance industries, such as binary options. Being different from established industries, the binary market is far from simple. Frauds, losses, and inconsistency of the market trends all took a tool, resulting in decreased trust. Thus, in this article, we go over the current situation regarding binary options and what future will hold of the investors who opt for such investments. What are Binary Options? Judging from companies offering the service, one would think binary options are one of the best ways to become a millionaire. On the other hand, those that have lost funds using them would label binaries as “a sure way to burn one’s money”. The reality is somewhere in between, as with all things. Binary options are simple contracts upon which you predict the price of a certain asset/co...
Comments
Post a Comment