Ep. 327 - What are "derivatives" (options & futures) & Why They Matter, w/ Phemex CEO Jack Tao
CRYPTO 101
00:00
Futures Trading
Market makers usually like when it's a panic cell, why they are the buyers, right? Right. And especially if for smarter, for sophisticated market makers, if they catch the falling ball at the right price, they actually make you money. I was just hoping, you know, we're not at a point where they're taking so much loss that they just don't want to be in the game for a while. But let's talk about FEMA specifically now and your futures trading. A lot of our users have never tried it. At a high level, what is futures trading compared to just buying and selling crypto? It's very similar to the traditional market. You can impact some coins
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