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Binary Options 101 - Everything A Beginner Needs To Know!
In May 2008, the binary options market would get another big lift. It would be taken up by the New York exchange and investors would have their first ever opportunity to trade binary options on a major market. Soon after, in June of the same year CBOE also opened up binary options as an investment option to it’s investors!
Since then, more and more investors have started to invest in binary options. The market has exploded with interest and becomes more and more popular as the years, months, weeks, and days pass.
Binary Options Pros & Cons
Binary Options Pros
● Know The Return In Advance - Binary options were designed as a way to simplify the investing process, and wow! They’ve done a great job of it! One of the scariest parts of investing is watching as your returns go up and down every time you look at the market. Binary options take away a lot of the stress associated with investing.
● Fast Turnaround Time - Most investors want to make a profit and do it quickly, binary options allow you to do just that. By very nature, they are designed for fast turnaround!
● ...
... Simplicity - Aside from knowing the return in advance and a fast turn around, these investments are just very easy to understand. All an investor needs to do is bet based on if the price of an asset is going to fall or if it’s going to rise. It’s a relatively simple bet to make if you’ve done your research. The online nature of the binary options market makes it very easy for any investor to quickly get the data they need to execute the trades that are best.
Binary Options Cons
● Not Good For Long Term Investors - By their very nature, binary options are designed to provide a fast turnaround. Therefore, if you’re looking for a long term investment that you’re not going to need to reinvest for years and years to come, this is probably not the option for you. Although there are some long term binary options, they tend to be few and far between with less to offer than other forms of long term investments.
● You Can’t Kill The Investment - Binary options are designed with an expiration date and an all in all return. Because of that, if you need to get your money fast, you’re going to have an extremely hard time liquidating your investment. The bottom line is that in most cases, you won’t be able to execute the investment until it expires.
John Sides is a binary option blogger who writes for sites such Binary options review where you can read his recent anyoption review. Click here - http://www.binaryoptionsreview.com/anyoption-review/
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