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To some extent, these competing views are subjective. Different people have different experiences with binary options trading, and there’s not necessarily a “correct” interpretation of whether it’s good, bad, safe, or dangerous. However, a more thorough understanding of binary options trading can help you to make up your mind.
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How binary options trading works?
Binary options trading is an investment that works more like a prediction that can be either right or wrong, but nowhere in between. An investor bets that a given asset will be above or below a certain point after a fixed amount of time. That time can vary greatly, but it can be as quick a turnaround as 60 seconds.
If the prediction is correct, the investor will recoup his or her investment plus a bonus on top, if they’re wrong, the investor loses the entire amount put into the venture.
That’s why I always recommend attaining mastery in binary options trade before you really put your investments.
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