Is it advisable as a starter to engage in future trade?

[deathcode]

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.

[coinerer]

as a beginner don't get too deep into trading. Beginners must know what is at the bottom first, so they understand how the rules of the game are. If they insist of course they will drown. Futures trading is a type of two-way trade that will give you a profit when you go long (up) or short (down). if you make a wrong prediction, you will certainly be liquidated and nothing will be left. My advice for beginners is better to do spot trading and learn the basics of trading, it will be better and lower risk.

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.

[so98nn]

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!

[Hamphser]

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.

[livingfree]

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.

[Stable090]

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.

[Kelvinid]

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?

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.

[ultrloa]

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?

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.

[bhooscream]

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?

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.

[goinmerry]

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?

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.

[Silberman]

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?

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.

[Shasha80]

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?

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.

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.

[DanWalker]

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.

[ShowOff]

Is it advisable as a new trader to engage in future trade?

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.

[TheUltraElite]

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.

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.

[salad daging]

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.

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.

[ethereumhunter]

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?

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.

[rhomelmabini]

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?

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.

[Bhig Daddy]

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.

[Natalim]

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.