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airdata
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November 22, 2021, 05:55:06 AM
 #101

For newbies, spot trading will be a better type of trading as they do not have to worry about the price and as long as they can hold the coin and not sell at a low price, they will have a chance to sell at the next high price.

For all newbies and old trader's Spot trading is one of the best choice and Future trading are always risky for new traders.
I agree with you that if someone trade on spot market and if suddenly market is crash then their token value will down but token quantity will same and they can sell their token when again market will recover.             

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November 22, 2021, 06:14:37 AM
 #102

For newbies, spot trading will be a better type of trading as they do not have to worry about the price and as long as they can hold the coin and not sell at a low price, they will have a chance to sell at the next high price.

For all newbies and old trader's Spot trading is one of the best choice and Future trading are always risky for new traders.
I agree with you that if someone trade on spot market and if suddenly market is crash then their token value will down but token quantity will same and they can sell their token when again market will recover.             

Even though I have been trading crypto for 5 years, but I prefer spot trading, the reason is simple because the risk is smaller than futures trading.
After all, I did have a bad experience when I tried futures trading several times, suffered a considerable loss at that time. So for now I only trade
on the spot market, as long as I choose potential coins, if the price drops, I'm not worried because the potential coins will recover quickly. Although
I admit the income I get from spot trading is not as big as future trading, but if I accumulate it will be big too, then I am quite satisfied with
the spot trading until now.

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November 22, 2021, 12:35:52 PM
 #103

I suggest for beginners it is better to take the spot method. This method is much safer for them, because they will not lose a lot of money if they fail. They just need to be more patient when the coins they have haven't gone up yet this is quite a difficult challenge, usually many traders are stuck with their own emotions. For the Future method, this seems more complicated for beginners.
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November 23, 2021, 06:24:59 PM
 #104

There are basically two types of trading on binance generally (SPOT trading and FUTURES trading

📌 Spot Trading: you buy any coin of your choice at any given rate, you HODL for it to rise higher, you sell at any point you feel it has risen enough

📌 FUTURES trading: you predict whether a particular coin is going to rise of fall in price, if it goes in opposite direction from your prediction, you lose your money and your coin
Everyone knows what works best for them, I’ve seen a lot of people who would always tell you that Futures Trading is the best for them, and there are also those who would prefer Spot Trading. So, it is up to you as a trader to know what is right for you, whatever you feel that you will be able to do and do it perfectly, then it is best to just do that. Mostly what I do is Spot Trading,and I hardly do the Futures Trading.

But, it’s good to always try out the different ways of trading, they are quite fun and you will also get to experience them and learn a lot, and as well get to know what is going to fit in for you better. That’s it from me.
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November 23, 2021, 06:32:08 PM
 #105

There are basically two types of trading on binance generally (SPOT trading and FUTURES trading

📌 Spot Trading: you buy any coin of your choice at any given rate, you HODL for it to rise higher, you sell at any point you feel it has risen enough

📌 FUTURES trading: you predict whether a particular coin is going to rise of fall in price, if it goes in opposite direction from your prediction, you lose your money and your coin

Note: In SPOT trading, you can never lose your coin, the worth of your coin can only reduce but your coin remains to rise again in worth when the market goes green.
Yes, spot trading is the safest trade for us crypto enthusiasts. Not only for beginners, those of us who have been in crypto for a long time are also advised to use spot trading. it is safer to trade futures and will not be harmed by dump market conditions. The key is for those of us who use spot trading, patience is very important for us to have.



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November 25, 2021, 09:57:53 AM
 #106

There are basically two types of trading on binance generally (SPOT trading and FUTURES trading

📌 Spot Trading: you buy any coin of your choice at any given rate, you HODL for it to rise higher, you sell at any point you feel it has risen enough

📌 FUTURES trading: you predict whether a particular coin is going to rise of fall in price, if it goes in opposite direction from your prediction, you lose your money and your coin

Note: In SPOT trading, you can never lose your coin, the worth of your coin can only reduce but your coin remains to rise again in worth when the market goes green.


There is also margin trading i think Smiley
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November 25, 2021, 01:24:02 PM
 #107

I suggest for beginners it is better to take the spot method. This method is much safer for them, because they will not lose a lot of money if they fail. They just need to be more patient when the coins they have haven't gone up yet this is quite a difficult challenge, usually many traders are stuck with their own emotions. For the Future method, this seems more complicated for beginners.

They are both different things or type of trading. Hodling is not trading and a trader can also hodl same coin so it is not only for beginners to get such advise. However a beginner can desire to trade, he or she can therefore learn how to do that. Learning it is to know the level of risk involved in it and the elementary of trade. Emotions involved in it is important because hodling is far different with trading that carried fast volatility and high risk.
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November 25, 2021, 02:56:26 PM
 #108

I suggest for beginners it is better to take the spot method. This method is much safer for them, because they will not lose a lot of money if they fail. They just need to be more patient when the coins they have haven't gone up yet this is quite a difficult challenge, usually many traders are stuck with their own emotions. For the Future method, this seems more complicated for beginners.

They are both different things or type of trading. Hodling is not trading and a trader can also hodl same coin so it is not only for beginners to get such advise. However a beginner can desire to trade, he or she can therefore learn how to do that. Learning it is to know the level of risk involved in it and the elementary of trade. Emotions involved in it is important because hodling is far different with trading that carried fast volatility and high risk.
A regular holder will take longer to hold and a trader they hold it for a while and tend to think about volatility quickly so this is a slightly different realm but almost the same, beginners must learn what they want including their emotions must be controlled not to destroy it when the market is bearish and maintaining patience is also an important value, especially for a holder who must be stronger to face the red market.
But that's how a trader will target a sell mark in a short time with a small percentage profit.

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November 25, 2021, 03:25:22 PM
 #109

Probably some times, I had seen many coins like they down by 1000 of percent and due to the attack of some hackers the coin lose its price or even some coins lose their liquidity, which affect many of the traders, as I had seen a coin Squid coin which dropped by many percent in which most of the traders lose their money, which is very bad for the trader and their investment.

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November 26, 2021, 12:20:46 PM
 #110

For newbies, spot trading will be a better type of trading as they do not have to worry about the price and as long as they can hold the coin and not sell at a low price, they will have a chance to sell at the next high price.

Future and margin trading will not suit newbies, especially if they do not have much knowledge in analyzing the market and they will panic to see the price is down for a little.

While in spot trading, you are not actually losing if you do not sell your coin, in the future and margin trading, you can lose all of your funds if you do not close your trade.

Be careful deciding which types of trading you want and I suggest using spot trading while learning more about trading.

Trading in futures for newbies will never be profitable, this is the easiest way how to throw away your money in an instant, unless you have someone that is giving you free signals on what coin you will enter a trade on a certain price and exit the market on a certain price, then that's a different situation. However, if a person is entirely exploring how futures trading work, he is only gonna lose his money while being frustrated on figuring out how to chase his losses.
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November 26, 2021, 01:03:09 PM
 #111

In general, I do not try to divide trading into any types and so on. For me, trading is just a process of working based on the knowledge and experience of a trader.
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November 29, 2021, 01:57:43 AM
 #112

In my case I do the trade that is in the medium and long term, the reason is simple, if there is a significant movement of the market it gives me time to react, if I start sclaping, which is the short-term trade, or trade at very short term, I am not that fast, and well I think that this way I would lose a lot of money, for me long-term trading is safer because I would react and I think I would react in time, of course I would do this with a good Stop Loss to protect myself Although currently there are some exchanges that have tools such as those offered by bitfinex, which is to have the stop loss and take profit at the same time, only then would it ensure well not to lose in the movement.

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November 29, 2021, 03:50:20 AM
 #113

It depends on how you become a trade some of the people does not want to watch the market over the whole time and they make long term trading its more ideal with this is the spot trading you can manage with the buy low and selling high the coin you have, next is the short term trading this kind of trades mostly happens in the futures trading in this trade we must need to have a fundamental knowledge with the basics such as the technical analysis, technical indicator, leverage and the TP and SL. It depends on the trader what kind of trade they will try to apply.

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