What is a derivative in simple terms?
Could you please explain what a derivative is in a straightforward manner? I'm not too familiar with financial jargon, so I'm looking for a simple explanation that's easy to understand. How do derivatives work, and what are they used for in the world of finance and cryptocurrency?
What is the delta strategy?
Could you please elaborate on the concept of the delta strategy in the context of cryptocurrency and finance? How does it work, and what are its potential advantages and disadvantages? Additionally, are there any specific scenarios or market conditions where implementing the delta strategy would be particularly effective or inadvisable? Understanding the nuances of this approach would be invaluable for investors seeking to optimize their portfolios.