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Second Contract Trading In Crypto
Second-contract trading allows the investors to predict whether the price of a specific cryptocurrency would be high or low at the time of options expiry. In case if the investor can predict it right, he will be able to end up securing a higher profit. In case the investor fails to make the correct guess, he will end up losing the principal investment amount.
Is there anything objectionable (Islamically) in it? On the surface, it looks like gambling (predictions/guesses).
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