Bitcoin Forum

When I login to my trading App (Exchange), I do see an option for future trade and when try to give it a try, I will see a notification reading "Future trade can be very risky".
Is it advisable as a new trader to engage in future trade?

This is not something that I would advise to a new trader, while it is natural that people want to trade and earn money with their skill, futures trading is extremely difficult and the chances you will lose all your money is very high, so what to do? You need to start slow, if you want to trade then just spot trade for at least a year, and then once you have confirmed you have what it is necessary to become a good trader you could consider this question again, but even then I would think it would be too soon.

I just want to ask what exchange are you using dude? Because the only one I know of that has future trading is Binance. I'm just not aware of other exchanges that have future trading. Now, if you are just a beginner in the cryptocurrency industry and are just getting into crypto trading, it is better to start with spot trading rather than future trading. Don't rush yourself with such activities in future trading because you might just get confused at the beginning. Especially if you don't have enough knowledge about it or don't have an idea, it will really come out that what you are doing is too risky.

But if you know yourself that you have enough ideas and knowledge, you can try that even if you are new to this forum.

It is not advisable if you are just starting. Just what like they said better start first in spot trading and gain knowledge once you have enough idea how future trading works you can try little by little There are many options for you to engage with and become profitable like staking

It is more risky than margin/ leverage trading and much more risky than spot trading.

A new trader should not start with future trading, definitely.

The flow should be

• Investment > Spot trading > Margin/ Leverage trading > Future Trading

If you can not have profit from investment, don't trade
If you can not have profit from spot trading, don't trade with margin/ leverage
If you can not have profit from margin/ leverage trading, don't trade future

Your capital should be 80% in investment, not in trading. Future trading should be 10% or 5% of your trading capital (not whole capital)

The notification said it right. Many had lost thier capital even before they make a few future trades without knowledge. Its liquidated without them knowing how it happen because they are new to trading.  Its recommended to stay on spot market and gradually learn why the market goes up and down and then learn a few indicators that you could use. And  then only try futures when you are confident enough and have lots of money that you wouldn't mind losing.

As the warning says 'it's risky' if you don't have the experience, hence I will say that it is not advisable for newbies in trading. If you don't know how to leverage in the first place, then how can you put yourself in a speculative position in the first place? It will mean disaster for you in very short time. And others have said that you also needed the skills (risk mitigation etc.) that you can only acquire through years and years of experience in crypto trading.

Futures(with leverage) is pretty much trading with steroids. If you use leverage, your wins and losses are maximized depending on how much leverage you're using.

As a beginner, don't over complicate it — just start with spot trading(typical buys and sells) for now.

The only difference between future and margin trading is the leverage. The more leverage the more riskier for you to lose your entire account. With margin trading your leverage is much less and spot trading is basically 1:1.

So all in all you can lose all your money in all 3 different methods but the futures one you can just lose it faster if you use more leverage. So if you don’t know what you are doing you shouldn’t use any of the trading methods and just trade demo for now.

Learn about future trading fully before you should use the amount of money you can lose to trade it, trading generally is highly risky, but future trading is riskier because of the high leverage that you can use and because you can open a long or short position.

A newbie can decide to start to trade with 200x, or a leverage that is over 10x which are considered as high risk trading that can result to trading asset liquidation. I have been trading derivatives many months ago and I will advice you to do these if you want to start:

• use the amount of money that is far below an amount you can afford to lose to train
• always you the amount you can afford to lose to trade after learning
• do not trade shit coins. Like me, I only open BTC/USDT long or short position
• use low leverage, 3x or lower leverage is better
• learn how to use indicator
• do not be greedy

Many traders always set stop loss and take profit which often help them. Future trading is highly risky. Learn indicators like Bollinger Bands and RSI. I remember a time I always lose, it was because of the coin I was using that contributed more to the loss, a shit coin can turn a good trader to a poor trader.

You've gotten enough advice on future trades hopefully this thread won't be made and abandoned. At least you should read and comment if anything is confusing or you don't think it's clear.
It's natural when the exchange warns that futures trades are risky especially for new traders who have very little knowledge of futures trades, don't try if you are still very knowledgeable it's better to try spot trades while continuing to learn a lot in trading.

I will not suggest to get involve in the futures, that is too risky for every beginner because you can lose money instantly. If you are just learning how to trade, I suggest to trade long for now and it can help you become more profitable especially if you are still don’t know where to trade and how to trade properly. Trading is not easy at all, it may take a lot of time before you understand it but don’t give up because trading is very rewarding as well.

Try trading on the spot market with increasingly shortened timeframes to slowly train your emotions, say from weekly to daily trading over the next few months. And of course you have to do a candlestick analysis as well as the basis for the decision of each of your entries (not random entries that rely on luck). Then evaluate your trading results.
If you think with that result you are ready with futures, then do it with small cap first and the lowest leverage.

Trading generally is not a quick money spinal as most people will think which make them to want trading as a means of earning quick money, it is not that way because even experienced traders do lose money. I will advise any person not to rush into trading both futures or spot. Always don't trade with money that is not yours because you may go into debts when you lose it. And you need to do a demo practice or start very small.

I think you shouldn’t try that as a newbie, we all know future trading is very profitable but the risk is really high compare to sport trading, in Cryptocurrency if you are looking for fast money or easy money you might endup getting scammed. in future trading you can easily get liquidated and all your funds are gone, but in spot trading if you are trading a reputable coin like bitcoin in sport trading if bitcoin price drop, the amount of bitcoin you are holding still remains the same, only the price that drop and if you can hold then definitely the price will bounce back, but if you are in future trading immediately bitcoin gets to your liquidation price automatically you get liquidated and all your money is gone. I think it's better you just stick to spot trading.

all trades I am sure will be risky for everyone. especially for beginners, I do not recommend you are in futures trading. it requires better skills as well as experience. you can learn it now, but better collect your trading skills on the spot, I'm sure it will be better.

if you still don't have good skills, or can't do market analysis yet, I think you better do long-term planning first before learning day trading or futures.
although still risky, the investment will be better for beginners than trading.

Not yet.
That exchange already gave you a warning and that's for real. It's risky not just for the newbies but also for the experience ones. But at least those experienced traders, know that liquidation can come quickly and that's going to take away their money very quickly.
I am not stopping you as a newbie but if you are insisting and eager to learn, expect too many losses before you actually learn the thing.

As a beginner, it would be really risky to try futures. I was one of the hardheaded beginners before thinking that I can do future trading successfully for the first time but I ended up losing a lot. It's only for experienced traders. You can still do it but you need time to study and do research about it. As a newbie, it's normal to feel curious about the opportunities that crypto could offer but you should also have the eagerness to learn and take easy steps for you to do things the right way.

Exactly as they told you, not only that it's risky it can send you to square zero lolz ,if you don't know anything about trading (newbie).

Actually not gonna advise you to do so ,Best thing I suggest you should do for yourself right now, If really you want to engage in future trading is to go spend that time to learn and practice trading with Demo account ,develope a trading strategy that works for you and practice it over and over again until you start seeing good results before you should start thinking of trading with real money, hence I'm 99% sure that you gonna loose that money if you're trading with zero knowledge.

That warning alone would really be already be enough for you to say that this isnt something that should a newbie would try out.Future trading can really be very risky and if you dont know on what you are doing then its better to avoid this as much as you can or when you are completely a noob when it comes to trading because you cant really be able to bare up on what future trading is.
Better start with spot and make yourself do able to master or make yourself aware on how this market works.If you do see that you are already sustainable on this part then
this is the time you might consider on having to test that futures or leverage trading but of course it wont guarantee that you would succeed.

No! Don't ever go any close to it. It's as risky as that warning on the site sounds. The offer and lure of shorting it may seem tempting when you think of what profit could be made instead of sitting on your hands but don't take it. You will get burnt. There's a reason that caveat is there once you go to that Futures tab. It's so no trader would say they weren't warned ahead of time. Stick to Spot trading for starters and then gradually learn futures trading. If it's something you will want to go in, you will find out with time. It's not something anyone will jump into.

In my opinion it's not advisable, like check this out, it's like getting admission into school and immediately starting with writing of exams before starting lectures to the supposed exam questions.

Give yourself some time to learning and acquiring the basic knowledge to start trading. Else you will blow your financial life before your very eyes just within a twinkle of an eye.

Our end goal here is still to trade with profits, and for beginners I think it’s hard to achieve profits if you are not good in trading preparation and developing your own knowledge and skills. You must also gain experiences first so you will have an idea on the real scenario of trading, and develop your own strategies in trading so you will have more chances to succeed, and not only to trade and then you’ll lose after.

Learn first and gain knowledge and develop your own skills and strategies first before you engage in real trading. Trading is good and profitable if you are always capable to take the risk and manage the pressures. Otherwise, you will only waste your money and effort in trading and still lose everything in the end.

Always start with the basic first. Just buy low and sell high because that will also bring good profits. Don’t rush into future trades because aside that it’s risky, it will not also going to work if you are not a pro in it. So take your time learning all the necessary knowledge and strategies and in due time, future trading will come easy for you.

As in the notification:
This means yes indeed Future Trading does provide a very high risk. Maybe you can indeed get faster and higher profits, but if you take the wrong step, the risk is losing your money very quickly.
If you are new to the world of crypto trading, I suggest that you stay away from Future Trading. You first get used to trading in the Spot market, while getting used to several things such as the use of Stop Loss, market analysis based on TA and FA, and learning more details about trading. Future trading can't be done instantly and expect a lot of profits right away. This requires a fairly complex analysis, experience, and also more knowledge. So if you are new and insist on doing futures trading without any preparation, it's the same as gambling.

Before you proceed to any trading strategies you just have to master the basics first.

Trading is not something like, I wanted to try this, that, and those, first you have to ask yourself, do I know what I am doing? If you are well experienced in trading then you shouldn't be asking it here but since you came and asked it here then you probably wondering what you are doing. Then I suggest that you should read and learn about the stuff that you want to do first, just do your own research because a lot of people are suffering already from losses due to carelessly trying without a common knowledge.

Never rush things to happen just because you see opportunities to make profits. Opportunities are everywhere, but it takes proper mindset and right timing to make it successful in the end. For now, focus on building your skills in trading, eventually you will become a better trader until you considered yourself a pro in it. That's when the time you start engaging in future trade as it will be easier for you if you are already prepared about it.

If you are trading long and the market is full of the bears, that can result to bull trap, a trader can go for either long or short position, what is most important is that a trader should learn all want are important before using the amount of money they can afford to lose to trade. If learning, they should use far less than the amount of money they can afford to lose.

A trader can use 1x leverage and stop loss to continue to trade for a while to see if profitable or not. This morning alone, the market has favoured those that opened long and short position.

What matters is experience and being an expert.

No way dear Future trade is not for the beginners, no matter who much time you gave to learn all the tactics until you own a real time good experience in the spot trades you are fit into the future trades. That is the fact there is no profits before the Loss, Loss is gift that makes you strong for future and you learn & experience both in realtime

It is actuality that future trading is really hazardous because you will expect and imagine that the worth of selected coin will expand in coming days but if unfortunately the value become in dip and go down so it will be highly difficult for you to get rid of such a loss. Future trading is highly unstable  there is no promise that it will go more up, and may be the market situations goes against you expectations, so it will cause loss. Newbies should start trading by selecting such a trustworthy coin which gave surplus in previous years to its traders.

Futures trading is highly advanced, and it's built for pro traders,  so like the notification says,  futures trading is highly risky, and most especially, for newbies who are just beginning their trading journey.

To me personally, it is absolutely not advisable to try trading futures when one have not mastered the act/skill of trading spots effectively.
Futures trading is highly profitable but also highly risky, one can make millions under an hour, but end up loosing it all under an hour as well.

No it’s not advisable and don’t listen to any hype about future since many are sharing their profit with regards to this but not the real story behind that. Futures is very risky, you have to setup your position properly or else you will lose the money, beginners don’t know this yet so I suggest no to do this. You can do future later once you already gain the knowledge about it, don’t rush yourself to do tradings without any proper knowledge especially with the indicators, great things take time and with this you need to be more patient.

This is actually a costly way to learn things, you can avoid this one if you invested first on your knowledge since trading and futures are both risky, they can’t give you any guarantee so better to equip yourself first with the right knowledge. Futures is not for the beginners, its already for the pro and honestly even pro got liquidated in future simply because the market is really unpredictable so be careful, and stay focus on learning first.

First of all future trading is the most risky type of trading.  Now if you dont have any basic knowledge about that then much better to learn first the basics and engage on trial account.  Its not easy to earn and not incurred loss on future trading.  I myself always have losses there no matter how careful I am.  Too many traders give up on pursuing on this cause they always lose in the process.  Its not that its hard or what,  but the market is very volatile that you might caught on whale plays and liquidated your funds.

It was a question of how it goes like that without having an option on what kind of trading you want. As in this case, the site itself urges you to choose futures trading, and nothing more.

Not a wise choice either. I couldn't recommend doing this, especially if you are just about to learn to trade. Absolutely, it was riskier that any form of trading. have yourself start in spot trading until you gain enough knowledge and more experience as these are tools that help you in Futures trading.

It is too difficult to make a profit if a live trading newcomer joins for future trading. I think future trading is one level above spot market trading. They must know technical and fundamental analysis to take a position. It is too risky if they want to trade the future right away.
Even I myself am not very interested in future trading. Because your money can be lost in an instant if you spot trade then you can simply hold back if you believe there will be a new high price.

Even an expert trader won't recommend anyone to engage in futures trading. It is very risky and can be considered gambling if you do it without proper knowledge.

Futures trading can be very stressful for me because it frustrates you when your stop-loss gets hit or your portfolio gets liquidated. It's better to do spot trading where you just lose money if you sell at a loss.

Do not enter into futures trading because it will lose money if you do this of course it takes good skills to get started and it already has something to say about the risks.
For me beginners need to learn more and better spot trading will be much safer than futures trading, we know we don't know the technique then your money will be lost.

See advice from others do me what you can and I think spot trading is a place for beginners to trade.

if a beginner wants to focus on trading I think it would be better to learn analysis and use spot trading tools. although all trades will still be risky, futures trading will be more painful for beginners who don't understand anything.
Many people may be showing off their futures trading results on social media. it makes beginners will be interested in trying it. but without good knowledge and skills, it will only cost us our money.

I agree with you and want to say if one is encouraged to do futures trading in the beginning then he is choosing the path of suicide in the beginning. Futures trading without knowledge is nothing but definite suicide. The volatility of cryptocurrencies is sometimes difficult to bear. But it is more serious in futures trade. Where newcomers are doomed to die.

Definitely big no. In particular trading itself shall be taken cautiously by freshers because they start with whole new energy but put it into wrong way and end up loosing money. Just like you are having thought of futures trading is something strange. It’s not bad, it’s one of the prime way to trade and earn even higher profits but it’s highly risky and needs enormous experience to deal with. Better off with regular trading, then understanding your assets and then putting options and futures trade to earn big. This should be short roadmap you supposed to follow. It’s really thing of patience!

When you are just still a noob then you shouldnt really be considering yourself on touching up futures directly  because it would definitely be a disaster once you do test yourself into this trading area which is never

been recommendable for noobs or to those who had just recently start on trading out.Dont make yourself get too hyped with those big gains that been shown off into the public or anywhere because you dont

know on how much money that those futures trader do able to lose up money until they do hit up those sweet spot.Actually its strategic but liquidation chance or odds is higher
compared when you do deal with spot.There's nothing can beat up on starting up with spots.

Don't be so heated quickly.

Right time will come to you if you think that you've learned enough to do futures trading. If you're so excited and you want to learn about it, go and try it.

It won't be the best experience for your start because it's not an easy way of trading because the risk is like having more of it as you increase the margin.

If you are a beginner and you want to start trading and the only thing coming to your mind is future trading then you are getting it wrong, the risk in future trading is far more than what a beginner can control, I have been in future trading before but I was just losing money money everyday, later I discovered that future trading is not for people like me the little money left in my wallet I transferred it to my sport account then I started building my portfolio gradually. A beginner trading future is just risking his money, I will suggest beginners start with sport trading first.

It was to find out that most exchanges are encouraging trading to take Futures Trading and make more gains from them. I'd see a lot of advertisements talking about huge profits from it which is literally an eye-catcher to the greedy people. But I don't think this is really a good idea for the beginners just like you OP and you have to consider the high-risk meant for Futures Trading that makes it not advisable for the new traders. I'd say better take the Spot trading first and gain experience before stepping up.

Not advisable for newbie to do future trades since it will be risky for you if market is in bad condition and your money slowly melting for sure you get crazy about that and get liquidated. Just try to familiarize things on spot and stay there for quite while for sure you provably learn a lot of things there.

Are you new to the crypto industry?
Please stay away from the Future Trading Market for now. At least, you must learn at first very well to be good in future trading. Because future trading has a higher risk than in the spot market. You may see some people become rich because of futures trading, but you may also see many people lost in future trading. This is like gambling if you have no knowledge and analysis in future trading. Don't risk your money into it.

No. Familiarize with Spot trading first and gained some knowledge of how trading works.

There will be no such caution as "Future trade can be very risky" just for nothing.

After becoming used to how trading works, you can now start learning how the future works. Do some trials with a fair amount and start learning.

Sometimes I wonder where people get their information to the point they believe that a complete newbie can engage in futures trading and somehow make money with it, people need to do their best effort to keep it simple, no one no matter how smart they are and how many books they have read about trading is ready to trade futures, they need to at first familiarize themselves with how the process of trading works, then learn how to deal with the losses that they will experiment, then they need to become profitable for a long time and only then they will be ready for futures trading.

It seems that the OP is new to the crypto world, so he is confused when it comes to trading to find future trading options on the exchange.
Luckily he asked in this forum first, so he was able to get a lot of explanations and opinions about futures trading. If the OP immediately ventures
into future trading and ignores the notification on the exchange, it is certain that he will lose all his capital. Because after all futures trading is
very risky, especially for people who are inexperienced in the trading world, don't ever dare to try futures trading.

It's better to improve our trading skills on spot trading first, after we can make a profit. Slowly we can learn future trading and can try it with
small capital first. But I who have been trading for several years in the crypto world feel more comfortable with spot trading until now,
so I'm not interested in futures trading. Even though futures trading can give us the opportunity to make very large profits, the risk of us losing
money is also much greater.

Definitely should not and never try even once.
Futures trading is neither for the novice nor for the masses. Participants in futures trading almost always lose many times more than those who profit from it. Don't think that it can give you high profits without knowing that leverage generates high profits but can make you big losses.

If you are interested in trading and wish to become a trader, start slowly with spot trading, try to hone your knowledge and experience long enough before deciding to try your hand at trading future.

I never advise beginners who are new to trading to trade futures because of the high risk. In fact, I wouldn't advise him to go straight into spot trading if he doesn't really understand how the market works and how to secure investment assets. Each of them must learn before actually trading because the risk they will take is real.

Since losses and gains are a consequence of trading activity, it is imperative that they know what causes them to occur. Trading futures is never really recommended if you don't understand how it works and so far I haven't tried it. Imo, spot trading is more recommended than future trading for any beginner who is new to trading.

Futures trading is risky and should be attempted by someone who is completely new to the market. There are many users who get washed away do not ever get up from their loss. This should not happen to every newbie.

Gradual learning of how spot trading works leads to better understanding of the market. Going for futures and other gambling types of trading means taking bigger risks.

Thing is that some newbies get influenced by many fake ideas promoted by shills promoting such types of trading.

So don't try for beginners to jump into futures trading because before that many users were just because they weren't ready for all the risks so they didn't get up again.
It is enough to trade on the spot after mastering the trade, then you can gradually and improve in futures competition, not jump right in, but feel how risky trading will kill people who don't know anything.
Beginners should still be advised on simple trading, namely spot, and beginners should learn a lot because futures trading requires a strong mentality.

New traders are not advised to engage in futures trading, especially if they do not have enough experience in trading. If they keep pushing themselves to try future trades, they will have a hard time timing their entry because if they are even a little late, they could lose money. They should familiarize themselves with spot trading until they know when to enter the market so they will have no trouble trying future trades. But that's just a suggestion and the rest is up to them.

Well, it's advisable but trade it at your own risk, no one will limit you to try it out. Just remember that for a newbie in futures trading you should try with a very minimal amount considering that it will burn you in an instant if you're not careful or doesn't even know the basics. But, if I were you try first spot trade then slow learning futures trade, that's the best course of action if you want to dip your feet on futures trading.

To me I wouldn't advice you to engage in future trading yet, it better to start engaging in short term trading so you can gain much more trading experiences. Future trading is mostly requires alot of experience and time focus too so as a newbie all this will be new to you so just engage in short time trading for now.

Not a good choice OP. I suggest for you take the basic trading rather than doing straight to a higher level of risk. It was best to make yourself well-prepared rather than make regrets. So many people say Future trading is not advisable for beginners, I think you have to listen to it.
Anyways, it was your choice and that is your money but something you need to think it twice. And I would say that don't underestimate trading and much more if you don't have experience in actualy trading.

I guess the first is to make an investment with your knowledge know the fundamentals of the trading, make a knowledge investment like what are the different candle stick patterns and support, resistance next you can now make a technical analysis with the different pattern, with that knowledge you can do a paper trade with the commonly used the platform in trading which is the trading view there's a panel in the bottom part right there for trying your skills. Next is find a suitable exchange that support your futures trade like binance.

You can try it and decide what to do next based on the outcome. For me there's no harm on trying it, but don't let yourself eaten up by your pride that you need to continue to gain back what you've lost. I meant, there's nothing wrong in continuing, but make sure that first, you need a lot of knowledge about futures trading to make profits, and slowly gain back the money you've lost.

But it was difficult for inexperienced traders like OP. It was just like taking suicide and throwing our money. Of course, all form of trading is risky, and losses are likely possible all the time but it was advantageous if we already have the knowledge and skills as these are the tool for us to succeed in this, otherwise, we ended up losing easily. And I think it was not acceptable on the part of the trader because that is not the thing we aim for but unfortunately, this is the result of choosing the wrong way.

The question here is, how on earth would someone new to the crypto space be trying to jump-start with the bigger steps? I mean the ideology should be knowing the basics first before even trying to trade anything. I rather would advise someone like such to try long-term investment trading first.

Totally a suicide because we know on how risky futures trading is and it isnt something that a noob would able to handle it out even experienced ones thats why its never been that recommendable.

Start yourself on doing spots or those basic trades and try to make yourself that profitable on that one and this would really be a very long time.If you do get bored then you could really test out futures

but of course you shouldnt really make yourself that confident and minding that you could handle out futures without any hiccups because it would really be a totally opposite experience.

Some might be ending up profitable but most of the time where people do really being wrecked up with futures specially in above 10x which i could say that below 10x is
a bit on the safer side.

We don't need to rush to take big steps to be able to generate big profits. In achieving success we need to be patient and move slowly, so for newbies
they should avoid futures trading. I'm sure if there is a newbie who thinks of trying futures trading, it seems that greed has taken over him. Maybe
because of seeing successful traders get rich from futures trading, so they interested in trying futures trading, although it is not easy to succeed
in futures trade. Because I believe for people who are successful in futures trading, that person must be experienced and have experienced a lot of
losses before. The conclusion is it is not recommended for newbies to try futures trading, it is the same as wasting money in vain. For newbies,
they should focus on improving their trading skills first, starting with spot trading. If we already feel how difficult it is in trading and succeed
in spot trading, then we can level up and try future trading.

If you don't know what futures are and have only heard of them by seeing them on your exchange app, then you shouldn't probably mess with them. Even experienced traders get rekt there.

So try to focus on the spot market for now, and gradually start messing with leverage as you gain experience (although not advisable)

I'm not sure if futures trading is good for beginners. but I also tried it myself with a little knowledge. some times it is profitable, but more often loses.
I realized that futures trading can't be done just for luck. require more skill than those who trade spots.
for myself, a beginner is better off investing long-term.

It's natural to see the increase or decrease of a coin that you have. If you have good knowledge maybe it will be very easy to make $100 a day but maybe more. so you should look for more in-depth knowledge about what you are playing right now.

Some friends ask me for advice on futures trading but I advise them not to trade futures because it is riskier to lose money quickly. And futures trading will also look like a gamble if we cannot analyze it. Luckily, they followed my advice but I don't know what they were doing behind my back because I wasn't with them all the time. The bottom line is don't try to trade futures if you don't know how to trade properly.

Is trading in futures a good idea for a beginner?
My personal opinion is that it is not advised for a beginner to get involved in futures trading because even professionals and specialists lose money on some of their trades. Before you get started, you as a beginner need to learn more about cryptocurrencies.
Knowing all of this, invest just what you can afford to lose because the future is far off.

Before using future trade, you need to master spot trading perfectly. And the result of such trading for you should be getting a stable profit. If you are still losing your money as a result of trading, then it is definitely too early for you to switch to futures trading, since the risks of such trading are much higher than on spot.

Futures trading can indeed give you a lot of profit but if you know that futures trading is very risky,
I have experienced it myself!, I lost $100 easily, and earned $100 easily, so it's better to avoid it and trade healthily in the spot market.

you experience it, as do many people who have tried trading futures. This is not something easy because our assets could be lost in a short time.
although it can make a quick profit, we will never know how we profit or lose. Futures trading is almost like gambling to me. I am more suitable for spot trading.

not ofcourse. you need time to educate about trading . so you can invest your money to projects which has minimum risk such as bitcoin and ethereum. and you can use paper trading platforms such as


thinkorswim
Pilot Trading
NinjaTrader.

At least it seems your friends listened to you and were able to avoid losing money while trading futures, however there are a lot of newbies which come here asking about it and after they receive our answer they decide to not listen, they believe they are smarter than us and that somehow they can obtain profits with futures trading even when the majority of the traders are unable to do this, and when the inevitable happens and lose money they come to complain about it, forgetting we warned them and they decided to ignore us.

100$ a day is pretty difficult to make on an average market day. Spot trading might yeild the worse results on a single day but it's long term effect is good, because of the cumulative profits. The futures trading is a gamble for a few days which can lead to short term huge gains but this is based on your luck and therefore not much skills to put in.

In depth knowledge is limited in this space. There are places where you can learn but most coins don't give out information that can help you with futures trading, because most of that is insider info and majority of projects are giving only smoke and mirrors.

As a newbie desist from future trading because it the most risky of all the trading options available, a lot of inexperience traders and newbies account got liquidated within a jiffy because of lack of all the needed skills and knowledge to become profitable, preferably you can start trading with Cross margin which is 3x for a start because it is is less risky and don't be carried away with all sort of Advertisement on social media of some so called traders who display fake profits earned from future trading in a bid to convince newbies to subscribe to their channel or to encourage them to future trading.

Risky indeed and when you are still just a noob then it would be better if you do start up with spot trading because you would really able to bare out when it comes to volatility aspect.

We know that futures trading is something that could blown out an account in a shortest time as possible whenever the market do make out some opposite movement on what you had positioned.

This is why its not recommendable since it would really be that too technical nor even does require extreme knowledge towards on this type of trading.

A newbie shouldn't engaged with futures trading that quick. Try to look for any simulator and start from there and imagine how much money you've got in real life that you're about to deal with futures trading and then do it with the simulator.
You'll see why many are telling you that you shouldn't do it yet and better go with the spot trading because it's the better choice that you must do  to experience yourself the volatility from different trades of spot and futures.

Do you hold huge amount of free money to waste by playing games,then you can choose the future trade.Being a starter ,you should learn all the trading strategies for one year of time.Then you get some profit from,at last use that profit to get double profit or loss from the future trading is based on your skills.Learn the trade before the future trading in crypto currency.

Although it is on the Binance exchange, it is not recommended to try by a new trader.
Future trade is only for experienced traders, and it is for those who have enough knowledge about the price fluctution.

For new traders, it is better to focus on a spot trade, it is safer than future trade. I am sure a new trader should take a long time to know well spot trade, it is better to focus on 1 type of trading first. If you have experienced spot trade for a year, then you can start to learn margin or future trade. However, it is not a must to try them if you think it is too risky. Choose which one you think is most appropriate for you only!!

Regardless of the amount of money that we may have trading the futures market is a mistake if you're not ready for it, after all compared to the amount of money that moves in the markets whatever the amount of money that we may have is always going to pale in comparison, so if someone wants to take that kind of risk they are free to do so but they should at least wait until they are remotely ready for it, otherwise not only they are going to lose their money they are not going to learn anything from it.

My answer is no. Future trading is risky job  because of its its leverage system. I always campare future trading with gambling. Just like games you might won some matches but you will lose whole amount on next time. One day In future trading you will take high leverage and going to loss your money. In future only experienced trader can earn with low leverage so it is not good to start with.

i also don't advise to go to futures if you are relatively new in this market. you can easily get liquidated in this type of trading. so if you are a starter, why not try your hands on spot trading first? you may hear that futures can give you nice profits, but that is, if you know what you're doing. but since you are a beginner, you need to grasp the basic trading first.

I hope OP will listen to us and read the sentiment on why Futures trading is not advisable for beginners. However, I'd make myself a reason for your failure, you can try it in order to see what really is this Futures Trading. It was hard to verify the situation and the risk of this if not doing it in actuality. As long as you are ready to make a loss of your money, then have tried it. Who knows actually if you are good in future trading than spot trading, sometimes it happens like that.

Simply, the most reason is, that they saw others getting good profits in Future. They think that by doing Future, earning money is quite easy. They will just engage in Future trading without any experience and will just go with the flow. The result is obviously wrecked in most cases.

Sometimes, it's good that these newbies will learn the hard way in order to understand the risks they are dealing with. Lesson learned after experiencing the worst and they will be careful next time when doing Future trades.

Experience in trading does not prevent one from the risk of future trading, one might only understand the risk better. Even spot trading has risk but not at the level of Future trading. Both trade do well in the bull market and future get to be more rewarding in the bull, however, the loss is very high with any swing. It is too speculative and we dont know all the factors that affect the market price movement, some believe technical analysis cant reduce the risk

Obviously, since you said "new trader" it's like a suicidal move if they will engage right away in Futures. This feature is different from the usual Spot Trading and knowledge about doing Futures before an actual engagement is really necessary. Definitely, you will soon build experience in Futures but don't rush.

As a new trader, learn and familiarize yourself first with how the usual trading works. There will be a time that you can now consider yourself ready to learn new things and that is building an experience with Futures trading now.

It is good if you make an investment with your knowledge first like what are the fundamentals of the trading concept by that you can now easily execute the trade with the use of the patterns that why we have the term of technical analysis we analyzed thegiven chart pattern to make a good position to trade.  Also it is good to find a platform supported a paper trade afaik trading view supported this feature.

For future trading individuals with keen mind can gain points but it is not viable that value which is theorize will get it or not. Those who had some best time with crypto will be experienced and they surely utilize certain appliances to reduce hazards and newbies does not know about it. I think the newbies should initiate by taking part in simple task and future trading is relatively complicated and unsafe.

It is not advised if you are just getting started. Just as the majority of member here suggested, it is advisable to start with spot trading and build expertise before moving on to futures trading because futures trading is similar to gambling. You have a ton of chances to become involved with things and do well. So, after you have a firm grasp of how everything operates, I believe you can begin to put your experience into practice.

He can engage on it but not on the real thing first. Just like in trading we have demo versions so I think it is also available in futures trading. By there he should practice properly and once he is familiar on the terminologies and on how things work, he is now ready to put some coins on it. You said futures trading is similar to gambling?

But, what about the regular trading (spot)? I think it was the same. It's also being linked all the time with gambling but the only difference I think is that gambling is more enjoyable and easy to operate. There are no difficult terms or mechanics to know but as long as you have a coin, you can start asap.

Even pro traders busted all their money for wrong prediction so it gives more huge risk for newbies to try on. Especially right now market is even more u predictable that's they should forget about this and learn other trying like taking spot trades for several months. For sure we can learn a lot from our experiences in trading and provably we can use this when we try to take a huge risk on trading in binance futures.

We can't blame them if they want to try futures trading because for sure they are seeing a lot of videos regarding about it, making a lot of money on it. The only misconception about it is that they thought it could be learn overnight and it'll make you rich overnight, but it is the other way around.

I believe the best advice for those who are itching to make profit in futures even though they are newbies is that they should have a lot of patient, perseverance, dedication, and commitment, and of course a goal. Trading halfheartedly will never gonna bring them to a high level of trading.

many have advised the OP not to trade futures when he has no experience with this. especially in futures trading. even in spot trading, futures trading will have a greater risk.

I follow the telegram group regarding trading signals. some people show off their futures trading results. it looks easy and tempts us to try it. but they show results when they are lucky. why not share when the trades made used up all the assets?
however, for beginners would be better to learn it first. while learning can try investing. I guess it would be safer.

Exactly. They are innocent, it is natural that someone has an intention to try something interesting. There are too many confession videos that people can be easily successful to gain a lot of money through trading future. Some beginners may think it is easy to do, in fact it requires sufficient knowledge and experience in trading. They just realize it once they have already tried the future trading, sadly it is after they lose some money. In this situation, wise beginners should stop it but greedy beginners don't care and continue to trade as they assume to have a chance of gaining huge profits.

For those beginners, you are better to focus on learning first and begin the trading journey with spot trading. Now, just ignore the intention to try margin or future trading since they are only for experienced traders. You can try them someday, when you think that you have enough knowledge and experience to try margin or future trading.

Futures trading is for those traders who have good knowledge about the market and can do market analysis properly. Futures trading will be more risky in the current market conditions. New traders are looking for ways to make quick profits as soon as they enter the market, but they are not interested in gaining knowledge about crypto trading. Which is the most important thing for a trader. I advise new crypto traders to first acquire the ability to properly trade profitably in the spot market before moving into futures trading.

The time that you should consider yourself on touching up futures is on the time that you've been trading up for too long or do have sufficient knowledge and skills towards the market because you cant able to bare

up the risk involved and you would just definitely be burning up your money in fast pace manner and its never been suggestable that you should touch up futures when you are just starting up
on doing trading.You might able to make money at first but on longer run you would able to realize that it wasnt really be that easy.

Get yourself to be effective on spot trading first before tending to jump into other types of trading.

I mean, the exchange already told you to be careful when doing future trades. If you are really confident with your skill, then go for it since it's your money after all. Otherwise, just avoid it especially for new traders. It's not something that could make profit for new traders due to the risk.

But for a newbie, it's not that easy to be confident with his skill to get on with futures trading.

It's better to listen to the voice of the people telling that he should study it first. Do what they're telling if it's justifiable and valid on why the people are telling you to avoid it.

Well, how many do really are listening with such advises when they're being told what to do? I hope that many of them listens or if they want to learn it, they should proceed and accept any result from it.

I know a few people who made huge profits from trading futures that made them think of themselves as experts. But it didn't take long for them to lose this rhythm, when the bear market started, they got so confused that they lost all their profits through futures trading again.

So the futures market is a place for experts, short-term profit can be made here with little knowledge, but if there is no proper market knowledge and knowledge of money management, it will not take long for that trader to lose all his funds.

Cryptocurrencies are risky investments. But even more risky is the futures trade. Where you can lose your money for a little volatility, it can also multiply. Those who have both good skills and money in spot trading and those who can take more risk they can do futures trade if they want. It is better to keep some assets extra after deposit because there is a possibility of liquidation at any time. It should not be taken at first for those who are new. Futures trading can be started after gaining a little bit experience in spot trading.

The term I want to highlight is word new trader. My advice is yes and No. Yes, it you are at least 50% confident in yourself. However wisdom demands that you do not jump right into it. You can start out first using simulators for a couple of months. Watch how much profit you make and how much loss you incur. Once you feel you are getting the hang of it then you can do the real deal. Start out first will small amounts before going big. And No, if you feel you do it because you see other traders doing it and making it big. And you think it will be the shortest cut to massive profits.

A good trader does not care whether the trend is bear or bull. He can make money in both types of market.

However it is also a fact that it is easy to trade in the bull market whereas it is a little difficult in the bear market but still it is not that hard if you are experienced trader.

Yes, Futures trading is not for newbies. ( a newbies should begin with spot trading and keep learning when he feel that have enough knowledge, then he can move to Futures trading with a small amount money)

Although anyone (even newbies) can try futures trading, but for me it's something that I wouldn't recommend if you are new or inexperienced. Anything can happen unexpectedly without warning.

The good ol' spot trading is still what I prefer for the newbies and beginners. Before jumping into futures trading, you should learn first about the basics and also how not to be "really drained emotionally" if you are being liquidated by means of financial risk management.

It's totally up to you if you wanna try it or not. If your prediction about short or long positions are correct and profited, then that's good for you. However if you are being liquidated, just treat it as a donation for you to learn your lesson and get better in making decisions next time.

Make sure you do not go all-in. Only futures trade what you can afford to lose.

@OP if you have a grasp of future trades and understand the basics of it, then you can.  There is no other way to build our knowledge than filling up experience.  Though I would advice that you should only allocate a minimum amount since this is just something like testing the waters for you.



Now how can a person become an expert if he won't try things?  All experienced traders started as newbies, just saying.

As a new trader this is not something advisable, though most people like to engage in it without even considering how high the risk of losing their funds is. This strategy requires high experienced traders, traders who have been in the market for so long who can tell how the market will look like in the future.

When you are just new not only into trading but on everything then it would really be just common sense that you wont be touching up those area which does require more intermediate-advanced skills which it would

be that common sense that you would really be that skipping on that and stick with the basics or the most simplest concept or ways on touching up trading.If your curiosity level is that high or that impulsive

then go ahead and try but dont blame out someone whenever you had just simply blown up your capital on a short time.Futures trading is something that can someone will easily able to bare or handle out.

Depend on what kind of 'new trader' you are. Advise is usually applied to the majority, which may or may not suit you. To me, a new trader jumping straight to the crypto's future trade mostly end with fund got liquidated from poor risk management. But if you're already well familiar with the stock's future trading and such, you can know enough to not get rekt right away in crypto's future trade despite starting as a new trader to crypto. The best course of action is to trial yourself with a paper account on crypto's future trade first.

I think it's good to treat here for a short time to trade. If I chat with time, I'll see here. I'll have a lot of talk.  If I think and decide, I will gain and never lose

How it is possible. Newbies don't know much about spot trading. So how they dare to do futures trading? According to me they must first acquire knowledge about trading. No newcomers should not involve in this platform. If anyone shows interest there, he should show the negative impacts first. When I started futures trading as a new one there were frequent liquidations appear on my account. Trading futures on a new position or with an equivocal idea can end one's trading profession.

Not at all the Trade in future as a new trader is extremely risky as you can loss all of your valuable assets, i would prefer to recommend you the spot trade for a mid range of time as 7 day to 1 month spot trade more efficient and risk free once your trading skills are improved you can easily make your investment in future but as a new member future is Poison for your assets.

Beginners do not rush to make future trades they must really master and understand about crypto,
what you say is true that it is too risky and for beginners certainly not recommended,
study first and that is the important thing

It is not recommended that even those who have experience in the market engage in futures trading as it is an extremely risky market. To make a profit from trading futures contracts requires you to have a lot of knowledge, skills, experience and one more thing, to accept the risks that it brings.

As a newbie you should use spot trading to get started, don't try to be curious or try a bit with futures trading, it brings no benefit to newbies, other than fear.

Avoid this.
You need to earn very much before starting to engage in Future trading. You may see results that are very promising and enticing enough, right? But, that is actually like a trap, moreover if we don't know what has happened. This is here that sometimes the newbies don't know any things and the engaged in the future crypto world.
Why future trading is very risky? Because there are some aspects that must be learned. It is because the higher chance is for the higher person, but this is exactly risky very much. In this case, it is not only the profit to take, But the thing is that we must be ready for at least, preparation, risks, and amny things. That is why newbies are not supposed to trade in the future market

Good advice to take a risk-free decision if you are a beginner. you have to think about it for the losses that you will later feel. everyone who was already in the circle had already felt the loss they might incur.

Getting acquainted with future trading is a bit too risky for newbies as they will get their trading future account liquidated with a blink of an eye. When I got into this space in the early months or last year, I was so eager and craving to trade futures. In my first position, I long BTC with leverage of 30x but the trade trapped me and it run at loss. I was very confident that BTC will retest back to the position I open but waited for days and the dump season came in. That was then I realized I've messed up big time and got my account liquidated. From then upwards, I would either use signal to trade or make proper candle analysing before opening any position in future. It's not something one can just jump in and start placing trades.

in reality the beginners have not mastered anything about crypto, they just rely on luck and start trading in futures. they want to make quick money without needing to learn anything. Beginners with this mindset will not last long and will always lose even if they only make some gains.
I myself do not even trade in futures too often because the risk is greater.

If there's a choice with a risk free way of trading, choose it. But to be frank, there's no way that a risk free trade will do. What we can see with these risk free ways are the trading simulators because there's no money involved.

Loss is inevitable and every good and bad trader will experience it regardless of his status and experience.

those who have just come into the market and are directly trading futures of course rely solely on their luck. or follow the plans of the trading signal group on telegram. looks like a lot of newbies join such groups.
What beginners do is 99% gambling. Futures trading without skill is a gamble.
beginners will be better to invest, not with futures trading which is a greater risk.

The decision to begin future trading or not remains with the beginner or starter. The main piece of advice is to learn more about trading and exchanges. Once you have a good understanding of trading, you can start anywhere you want as long as you can control your trades and manage your risk on your own.

It will be too risky for newbies to purely rely on the so called “master” in telegram. It will be better first to enhanced themselves to knowledge before listening to others trade so they can determine whether their forecast is possible to happen. There are many telegram signal group that ask for payment in return of giving signals which sometimes may only be favorable to them. It’s still good if newbies will first study, pay some course or watch courses that will let them understand how trading really works.

They arent really masters if you do see it sensibly but rather they are just pure still speculators with the price thats why its totally shit on making yourself following these people on the first place.
Plus you would really be needing to pay up something for the sub fees which isnt really worth at all.

When you are just a starter specially with trading then never intent on touching up futures on the first place.It was really that a risky thing to be done if we do pertain about
future trading where busting up your whole capital would really be that easy.

Better start with spot and try to be better and profitable with that before you do decide on jumping into other key areas.

Joining a signal group on Telegram is not always a solution, even though they are only used for referral purposes. No knowledge is given and only long and short numbers are given. 99% of beginners who practice it are just gambling, because they continue to rely on profits without having the skills or knowledge of trading. Beginners like this must receive education so that they do not continue to fall and be used by others.

Future trading is to risky if you are not used for it and you don't have enough knowledge and experince in using future trading especially for beginners. There is a huge possibility that you will lose all your capital if you can't handle it. Much better to learn first and try to trade in spot trading.

It will depend mainly on the trading experience. If a trader is good at spot trading then he can do futures trading. But experts always say to avoid it. When a trader loses a large amount in a short period of time, a different behavior can be observed within that trader. There are many people who get liquidated by trading futures. However, before doing this, a trader should understand futures trading well ‍especially it's negative effects.

A big no for the beginner traders who wanna jump into future trading for the greedyness of extra profit . Many people want to invest in it in the beginning hoping for more profit and at the end face a huge loss.
For the beginning of trading, start with spot then go for others leberage  trading . Because in future trading you have have  chances  of loosing full fund at once. So my suggestion for you to earn knowledge about how to analyze the charts then go for investment.

I would say that it's the riskiest type of trading ad maybe to get the jitters out for being an amateur and losing money it could be valuable lesson to lose money right away :D. Not like as a newbie you would be able to start spot trading and make a profit there neither, you will make many mistakes and having it with futures would mean that you could literally lose your entire balance in an hour and that would be a great lesson to you that you shouldn't do that.

I would say listen to my words and don't do it but I remember when I was a newbie and I didn't listened to nobody and I made my own mistakes and learned that way, maybe you would do the same and it would be a better teacher.