Futures Trading is not for everyone

[sayaya17]

I have several times participated in Future Trading and in my opinion it is a difficult thing, I have lost money but I think this is an experience and lesson, it is true that all traders do not necessarily have expertise in Futures trading, and for now I only focus Daily Trading namely New Listed Coins who are opportunities for skyrocketing are also high.

Sometimes there are people who have to suffer losses first to understand that futures trading is not for everyone. When in fact we do not need to try
futures trading to know that futures trading is very high risk and not suitable for everyone. We simply learn from the experiences of others and do not
need to try futures trading first. But if we want to keep trying futures trading to gain experience, we can do it with small capital, so if we lose all our
capital it is not painful and can be considered money for learning. I like you find it very difficult to make profit from futures trading, after I tried
futures trading several times and finally I concluded that futures trading is not for me. I prefer to do spot trading, which is more comfortable for me
to do and of course the risk of spot trading is much lower than futures trading.

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[FlamingFingers]

all trading in the crypto market I guess is risky. but in futures trading, I think the risk will be greater. It makes anyone who will trade futures know that they must be prepared to lose their money.
Futures trading requires better skills, not just guessing the direction of market movements and playing our luck. If so, it looks like gambling.

I do tell people that future trading is more or less like a gamble in my opinion, most especially if you are using high leverage. No matter how good you are in technical analysis and fundamental analysis, you will experience liquidation in future trading, reason is because the manipulation there is way too much. Future trading requires few percentage of technical and fundamental analysis, emotions plays a huge role in future trading, its easier to get rekt if you cannot control your emotions why trading futures

It’s really a gamble because you are trading with liquidation to your position margin while the liquidation ratio is very tight when you have low margin or high leverage. Spot trading is the only legit trading for me because you can’t burn your money no matter what will be the price of the token that you purchase unless you convert your paper loss to realized pnl. I never touch the future trading feature of my exchange account after suffering liquidation even if I’m just using low leverage.

If one is not being careful, and his addicted to future trading, it might rekt the person, I'm being curious in trading on future, there was an article that I read online about Cz binance saying that he does not have control over the future trading that some set of people do, ever since I read that article I've been cautioning myself about future trading

[BobK71]

There are many people who are very interested in futures trading. I would like to give them a suggestion. If you have enough money backup then you can do futures trading. We know crypto trading is risky but futures trading is a place of bigger loss or profit. Here you can earn huge amount in instant and lose everything within shot time. So one should think carefully before join here. Just remember twice you can lose everything in a very short period of time.

[Rana590]

There are many people who are very interested in futures trading. I would like to give them a suggestion. If you have enough money backup then you can do futures trading. We know crypto trading is risky but futures trading is a place of bigger loss or profit. Here you can earn huge amount in instant and lose everything within shot time. So one should think carefully before join here. Just remember twice you can lose everything in a very short period of time.

Most of the people try to earn huge profit at a time in future trading without proper strategies and knowledge. Obviously enough market analysis, update crypto news and experience are needed to do it. You're right that it is a way to lose our all the money in a short time.

[Munir575]

If you are a crypto trader using spot I advice you should stick with it till you become a professional trader, just because you start futures and win three rounds of short or long buys doesn't mean you are officially a pro trader....

I thought I was a pro coming from spot trading, I used 300$ which I planned to use to DCA into a project but a man can dream, my first attempt was successful, which net me 50$ and the second was 100$, the third round was 40$ and I close the trade for the day...

On the second day I lost everything, I now officially accept that I am far from been a pro trader, at least that's what I thought 🤔. 

Yes, I agree that not everyone should trade futures. All participants in this futures trade have performed terribly. Because it is so dangerous, futures trading is not something that everyone can do. Future trading is not for beginners only those who fall for the grandiose promises of the trading signal can be certain that they will profit from it, even though nobody can guarantee the outcome. Futures trading entails a high level of risk on the one hand, this can lead to very significant profits fast, but on the other, it can also lead to swift losses. If we don't understand how to trade, how to analyze, how to employ hedging, and how to manage our money, emotions, and strategy, we are probably just trading for the sake of it. Furthermore, this will be extremely risky if we solely rely on luck.

[NicNacCoin]

Well, as far as I know, futures trading wins are based on analysis of prices that will occur in the future, and the analysis and speculation that you do will determine your winnings in this trade. it made me think the risk was too big, and I'm the type of person who isn't too keen on taking big risks, and felt this wasn't for me. however, I also feel that futures trading is suitable for people who are smart in analyzing and dare to take very big risks.

In fact, the futures trading platform is completely a risky old job.Here you cannot trade in futures trading unless you can take maximum risk.And you need to be experienced enough if you don't have maximum experience about futures trading but you will never win in futures trading platform.I have seen many people including myself fail to make a profit from this futures trading.A very bad addiction like future trading and gambling, once a person gets addicted to the future trading platform, he can never get out of it well.Proof of this is that I myself have lost a lot of money from the futures platform, but I don't like it if I don't enter the futures trading platform.

[Fatunad]

There are many people who are very interested in futures trading. I would like to give them a suggestion. If you have enough money backup then you can do futures trading. We know crypto trading is risky but futures trading is a place of bigger loss or profit. Here you can earn huge amount in instant and lose everything within shot time. So one should think carefully before join here. Just remember twice you can lose everything in a very short period of time.

Most of the people try to earn huge profit at a time in future trading without proper strategies and knowledge. Obviously enough market analysis, update crypto news and experience are needed to do it. You're right that it is a way to lose our all the money in a short time.

We do all to have huge profits and this is where we do really consider out on touching up on things which is more riskier just like on futures or leverage without even thinking the risk level
compared if we do make ourselves stick on spot trading.People cant realize these things first before they had made themselves been wrecked through futures which it is really normal
but in overall if you dont want to lose money in fast pace manner then you shouldnt touch up futures first but make yourself that good with spot and then try to test out futures
and find out if this one suits out on your taste or you cant just bare nor handle the risk involved with it.

[Rigon]

Yes ofcourse futures trading is not for anyone. Futures trading platform is a trading platform that for a little wrong decision you can go into huge losses in an instant.There is no forgiveness for mistakes in futures trading platforms, you can lose all your money in a moment if you make a mistake.That is why those who want to trade on futures trading platforms must have a good understanding and experience of trading and then start trading on futures trading platforms.Otherwise if you are not experienced then stay away from future training platform completely.

[topman21]

Yes ofcourse futures trading is not for anyone. Futures trading platform is a trading platform that for a little wrong decision you can go into huge losses in an instant.There is no forgiveness for mistakes in futures trading platforms, you can lose all your money in a moment if you make a mistake.That is why those who want to trade on futures trading platforms must have a good understanding and experience of trading and then start trading on futures trading platforms.Otherwise if you are not experienced then stay away from future training platform completely.

Future Trade: Not mainly for inexperienced people but it is suitable for experienced people with good past performance. Besides, futures trading is very risky as any amount of assets can vanish in an instant .Futures trading is as profitable as it is liquidating.

[doomloop]

There are many people who are very interested in futures trading. I would like to give them a suggestion. If you have enough money backup then you can do futures trading. We know crypto trading is risky but futures trading is a place of bigger loss or profit. Here you can earn huge amount in instant and lose everything within shot time. So one should think carefully before join here. Just remember twice you can lose everything in a very short period of time.

Most of the people try to earn huge profit at a time in future trading without proper strategies and knowledge. Obviously enough market analysis, update crypto news and experience are needed to do it. You're right that it is a way to lose our all the money in a short time.

Because there are so many people who worked very hard to be where they are today and that was achieved by the fact that they spent time studying. But they also made a ton of money and shared it on isntagram and twitter etc, which resulted with them getting more famous and newbies seeing this and causing them to try to do the same thing to get the same amount of bit profits which they failed of course.

This is why we are seeing all those newbies trying to do the same thing and constantly losing money, it's not really a shock and it's funny that they think it's somehow something that you could repeat as a newbie, because it's nearly impossible to do it.

[|MINER|]

~snip~

I also agreeing with that  not everyone should take up futures trading.  Especially beginners should not go this way.  I myself invested 10 dollars in the initial stage and completely lost it.  For beginners I would suggest spot trading but they can learn futures trading through various demo websites.  Even so, while investing here, you should invest wisely. In the beginning, I would suggest to invest with a small amount because there is less risk here.

[KaliLinux]

If you are a crypto trader using spot I advice you should stick with it till you become a professional trader, just because you start futures and win three rounds of short or long buys doesn't mean you are officially a pro trader....

I thought I was a pro coming from spot trading, I used 300$ which I planned to use to DCA into a project but a man can dream, my first attempt was successful, which net me 50$ and the second was 100$, the third round was 40$ and I close the trade for the day...

On the second day I lost everything, I now officially accept that I am far from been a pro trader, at least that's what I thought 🤔. 

You are right, I usually stay away from futures cos I know for a fact that I am no way near a good trader so I see spot trading as another mini HODLin at least I am not going to lose as long as I didn't sell, there is a chance I am making my investment back plus profit since I am more of a Hodler anywats.