Mpamaegbu
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October 10, 2021, 03:57:53 PM |
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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.
It's not just newbies alone. Even as someone who has been in crypto trading for four years now, I don't like the so much noise and unnecessary risks with margin and futures trading, so I stay with spot trading. It gives me far better peace of mind than the other two. However, despite how safe I think spot trading is, I know it's still not ideal for newbies to jump into it without prerequisite knowledge of what crypto trading is in general and then have the set skills for trading it. Every newbie should be equipped, first of all, before venturing into trading no matter how simple they think it's.
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arbifahrozy
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October 10, 2021, 04:24:17 PM |
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I always prefer spot trading as I'm also a trader , and doing spot trading always because it has some hope of rising the coin and get back to the original position but in future trading I don't even think that in future trading it also happens, What do you think? I means some traders think that they have some hope of getting the profit back?
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JooBra
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October 10, 2021, 05:30:09 PM |
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I always prefer spot trading as I'm also a trader , and doing spot trading always because it has some hope of rising the coin and get back to the original position but in future trading I don't even think that in future trading it also happens, What do you think? I means some traders think that they have some hope of getting the profit back?
I don't have big money so I use margin trading at X4. It can make you a bit more money with swing trading if you know what are you doing. The risk is there but still it's worth for me.
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Betaj00
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October 12, 2021, 03:45:52 PM |
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I don't have big money so I use margin trading at X4. It can make you a bit more money with swing trading if you know what are you doing. The risk is there but still it's worth for me.
Maybe Margin trading is profitable for you but as a beginner nobody can use margin trading becouse have risk on margin and Future trading so i think Spot trading is suitable for everyone becouse easily we everybody can recover their loss on spot trading.
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doremonchina
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October 12, 2021, 04:37:03 PM |
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there are few tips of trading you can take good profit to follow these steps. 1st expert market analysis this step is very important to understand the market position that what is the risastance and what is the supurt cone of market and the 2nd number is Proprietary and quant rating this is important section use also stop limit and another thing that invest your small amount in first time
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arbifahrozy
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October 12, 2021, 04:43:01 PM |
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I mostly prefer spot trading, I'm doing it also and having much profits from the previous one or two years, in crypto it is real one and having much benefits as it is a little risky but not that much as the future trading, so it is never betting and can gain much profit through spot trading, and this is the best one to work on, so this was just my opinion.
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michellee
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October 12, 2021, 07:36:45 PM |
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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.
It's not just newbies alone. Even as someone who has been in crypto trading for four years now, I don't like the so much noise and unnecessary risks with margin and futures trading, so I stay with spot trading. It gives me far better peace of mind than the other two. However, despite how safe I think spot trading is, I know it's still not ideal for newbies to jump into it without prerequisite knowledge of what crypto trading is in general and then have the set skills for trading it. Every newbie should be equipped, first of all, before venturing into trading no matter how simple they think it's. You are right. Spot trading does not make us feel hard to trade as we do not in a rush to trade. We only need to buy the coin when the price dip and hold it after we buy. They can sell it later, especially if the price starts increasing and they can determine what price they want to sell. But spot trading can be dangerous for people who do not want to learn more about trading as we know that the market can change at any time. Maybe those who want to start with margin and futures trading want to feel the thrill of trading and test how good their skills in trading are. But back to that, if they do not have enough skills, they will hard to profit. So spot trading can be good for learning for the beginning.
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Silberman
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October 12, 2021, 09:15:46 PM |
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I always prefer spot trading as I'm also a trader , and doing spot trading always because it has some hope of rising the coin and get back to the original position but in future trading I don't even think that in future trading it also happens, What do you think? I means some traders think that they have some hope of getting the profit back?
I don't have big money so I use margin trading at X4. It can make you a bit more money with swing trading if you know what are you doing. The risk is there but still it's worth for me. Personally I do not like the idea of using leverage however you are using a very small amount and if you have a tight stop loss and you know what you are doing then your risk is still manageable, however we have seen many cases of people that lost everything in a single trade as they used 100x leverage without a stop loss, this means that their risk was sky high and sooner or later they will make a mistake and their whole account will be wiped out.
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blockman
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October 12, 2021, 09:27:27 PM |
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I mostly prefer spot trading, I'm doing it also and having much profits from the previous one or two years, in crypto it is real one and having much benefits as it is a little risky but not that much as the future trading, so it is never betting and can gain much profit through spot trading, and this is the best one to work on, so this was just my opinion.
Spot does really has lesser risk than the futures. It's very known and only those that are good to it will go for futures and if there are newbies that thinking it's a quick profit method, it's true but they should be prepared before they become liquidated. It's not always that they're going to be liquidated but that mostly happens when a sudden turn of the market happens and it's not in their favor. That's why I don't like futures and my heart faints for it so I don't do it.
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AakZaki
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October 15, 2021, 01:31:40 PM |
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I mostly prefer spot trading, I'm doing it also and having much profits from the previous one or two years, in crypto it is real one and having much benefits as it is a little risky but not that much as the future trading, so it is never betting and can gain much profit through spot trading, and this is the best one to work on, so this was just my opinion.
Spot trading is also safer for beginners because if they make a wrong prediction their assets will remain safe and only their value will decrease. When you understand spot trading and can do analysis of course everything will be easy, just how to do good management and manage emotions when trading.
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Dewi Aries
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October 15, 2021, 05:19:01 PM |
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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.
I am more into spot trading, maybe future can be more promising, but as we know risk behind it is bigger too. Maybe any trading style, as long it can give you profit, or at least not give you much stress feeling, will be good to pick. Because both maybe have their own benefit and risk and people freely choose what fit to them.
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gerryhartell
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October 15, 2021, 07:21:40 PM |
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I like futures trading. I am making good profit from futures trading till now. However, it takes a lot of research on coins. I kept up-to-date news of coins all the time. I would match their work by looking at the roadmap of what this project will do in the future. In my opinion, it is possible to do better from futures trading.
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DoublerHunter
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October 15, 2021, 08:43:02 PM |
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I mostly prefer spot trading, I'm doing it also and having much profits from the previous one or two years, in crypto it is real one and having much benefits as it is a little risky but not that much as the future trading, so it is never betting and can gain much profit through spot trading, and this is the best one to work on, so this was just my opinion.
Spot trading is also safer for beginners because if they make a wrong prediction their assets will remain safe and only their value will decrease. When you understand spot trading and can do analysis of course everything will be easy, just how to do good management and manage emotions when trading. ^ Spot trading like selling high and buy low is almost the same. But in spot trading, you need to be patient at all because it needs time before you can consider it is okay. However, there are too many styles in trading that you can apply, as long as your portfolio is ready for trading and you already understand you can buy it and use it. People should understand that trading is not an easy way of gaining profit.
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Silberman
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October 15, 2021, 09:30:38 PM |
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I mostly prefer spot trading, I'm doing it also and having much profits from the previous one or two years, in crypto it is real one and having much benefits as it is a little risky but not that much as the future trading, so it is never betting and can gain much profit through spot trading, and this is the best one to work on, so this was just my opinion.
Spot does really has lesser risk than the futures. It's very known and only those that are good to it will go for futures and if there are newbies that thinking it's a quick profit method, it's true but they should be prepared before they become liquidated. It's not always that they're going to be liquidated but that mostly happens when a sudden turn of the market happens and it's not in their favor. That's why I don't like futures and my heart faints for it so I don't do it. And that is the thing, this is similar to what we see in poker, there are many people playing at the low stakes tables but once you can make money in those tables and you try to move up then you will find out that the level of play has increased significantly and it is way more difficult to obtain anything out of it, the same is true for spot and futures trading, spot trading is not easy but it can be mastered by some traders but the moment they try to move to futures trading then they will have a lot of problems as the skill level increases significantly once you move out of spot trading.
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Findingnemo
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October 16, 2021, 02:22:18 PM |
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I like futures trading. I am making good profit from futures trading till now. However, it takes a lot of research on coins. I kept up-to-date news of coins all the time. I would match their work by looking at the roadmap of what this project will do in the future. In my opinion, it is possible to do better from futures trading.
Still its a gamble amd there is no guarantee to make profits even when we took the right coin whereas in spot trading we are in complete charge so we can make profits as long as we hold longer and there is no time limit for that.
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xmonkeyx
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October 16, 2021, 02:30:56 PM |
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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.
I never agree with people who choose futures trading because in my opinion it is gambling, it is very clear not when we choose wrong we will lose money. the whole gamble is so. different from spot trading where we buy a coin that we can keep until whenever we want either in the future it will go down or high in price. it all depends on the analysis and also our luck in choosing.
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Kimonoe
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October 16, 2021, 02:50:07 PM |
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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.
I never agree with people who choose futures trading because in my opinion it is gambling, it is very clear not when we choose wrong we will lose money. the whole gamble is so. different from spot trading where we buy a coin that we can keep until whenever we want either in the future it will go down or high in price. it all depends on the analysis and also our luck in choosing. right, spot trading is more profitable and we can research carefully, and this will be easier to do, for me. different from futures trading which seems to just need luck, so this is like gambling which ultimately makes us disappointed with the end result
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otundebis
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October 17, 2021, 05:07:49 PM |
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Spot trading is good and once you are clear about which coin to buy and when to sell, your risk is reduced significantly. The only threat to your fund is the exchange itself. Future trading is not difficult as many would have you believe. The same position you take in spot is applicable on future. The only difference is the duration and the leverage used!
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beerlover
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October 17, 2021, 05:56:28 PM |
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The only difference is the duration and the leverage used!
No, that is a big difference. When you are not able to hold your positions forever until you prefer to, then you will be enforced to exit as the expiry of the contract which must be a very big disadvantage of futures trading. In spot trading, I will be able to hold for years until my position get back into profit zones. For example, think about the people who bought bitcoins above $15k by December 2017; they might have got back to profits zones only by 4th quarter of 2020 - exactly 3 years of waiting. Leverage on the other hand, could be utilized in our favor if we are too good in technical analysis but considering against the market volatility, I guess staying away from availing leverage might help anyone to crack profits even in highly fluctuating market conditions.
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Ianlanim
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October 18, 2021, 08:24:12 AM |
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I use the leverage provided by the Amarket broker in the amount of 1: 1000, and I can say that it really helped me out and helped me a lot.
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