Fesatmas
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February 18, 2023, 08:53:49 AM |
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I personally prefer spot trading over others, because I also realize that trading like futures will involve a greater risk, even though we will also be able to get profits in a short time. For beginners I would prefer to start with spot trading, they can learn from there if they want to start another trade, such as futures. In spot trading, they can train their minds to see the market situation, slowly they learn everything that exists in the cryptocurrency space.
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traderethereum
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February 18, 2023, 09:35:04 AM |
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We have to learn about risk management in trading so that in trading, be it spot or futures, you won't experience too many losses. But spot trading is suitable for beginners because they only need to buy, hold and sell when the price goes up and they don't need to worry about what if the price changes direction. If they can hold their coin if it goes down, they can sell their coin when the price goes up. But most beginners can't hold on much longer and will panic when the price goes down.
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death69
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February 18, 2023, 11:35:11 AM |
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As a pro trader myself, I gotta say that spot tradin is the bee's knees for newbies in the game. It's state forward and delivers quick resulsts. Basicaly, spot tradin allows you to buy assets at the current market price and hold onto them until the price goes up before sellin them for a tidy profitt. It may not be as exciting as futures tradin, where you gotta predict future prices and deal with more risck, but hey, it's less complicated. That bein said, havin technical skills can give you an edge in the market, so don't sleep on learnin technical analysis to help you make smarter trades and increase your profitz. From my own experiance, masterin technical analysis has been the key to my succes. Ultimately, whether you should go for spot or futures tradin depends on your risk tolerance, investment goals, and market know-how. Make sure to weigh the pros and cons of both options before choosing your tradin strategy.
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el kaka22
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February 18, 2023, 12:08:03 PM |
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You should not bother about volatility as one of the risky factor if you decide to trade cryptocurrencies. Instead, you should find methods to overcome against all risk factors to make profits which also should be in consistent manner. This way spot trading should be suitable for many beginners. If volatility is the big concern then you should opt for holding by leaving off trading completely.
Without volatility you cannot enjoy trading even you manage to make little money. Trading is enjoyable and profitable for the right traders who know how to ride on volatile market. Like I mentioned before, if you cannot handle volatility then choose holding and enjoy profits in long run.
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wajik-tempe
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February 18, 2023, 03:31:56 PM |
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Both types of trading have their advantages and risks. Spot trading is generally considered more accessible and easier to understand, making it a good starting point for beginners. It also involves less complexity and lower transaction costs. Future trading, on the other hand, requires more knowledge and experience, as it involves predicting the future price movements of an asset. Spot trading is still the best option for beginners
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Alisha-k
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February 18, 2023, 04:32:37 PM |
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Both have their pros and cons, and frankly I would not recommend a newbie to be trading at all, not until they can decide on their own which approach is best for them. - Jay -
hey mate, when you say you'll not advice a new bie to trade, I think you should also state what you'll have them do instead of trading to avoid being misunderstood. To the newbies seeing this, it's okay to trade, until you've mastered the act of trading you'll still be a newbie so all you should do is, ensure to get a wide knowledge about trading and when you're ready to start, please start small.
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Jody.Drummer
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February 18, 2023, 06:52:10 PM |
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Both types of trading have their advantages and risks. Spot trading is generally considered more accessible and easier to understand, making it a good starting point for beginners. It also involves less complexity and lower transaction costs. Future trading, on the other hand, requires more knowledge and experience, as it involves predicting the future price movements of an asset. Spot trading is still the best option for beginners
True, especially spot trading becomes less risky than other trades. I do not at all recommend for beginners to directly trade futures, for example, because apart from that, the risks are very large, futures also require our readiness to lose money in a very short time. For those with experience, it might be easier to get profits through futures, but for beginners who have minimal knowledge of futures, it can make it easier for them to lose money in an instant. So it's better to do spot trading if we want to start something new with minimal knowledge.
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tjtonmoy
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February 18, 2023, 07:20:09 PM |
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~snip~
People try to make quick money and in an easy way. So the first thing comes to their mind is future trade. Those who have no patience will always choose future trade. But the best approach in trading is to start from spot trading. Future trade has a high risk and most newbie ignores it and put their all in future trade without any proper knowledge about it in the first place. I was no different when I was a newbie, too. Now I know, I should have started from spot trading. And also avoid alts. Focus mainly on Bitcoin.
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Hamphser
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February 18, 2023, 07:37:18 PM |
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Between future and spot trading which will you opt in for. For me i think it is better to start with spot trading gradually observe how the market respond over time before moving into future trading. Both are indeed volatile and risky but i think spot which involves immediate buying and holding until price goes up to sell at a profit is more easier to start than making prediction on a price to either go up or come down on a later date.
Spot can be a nice start for newbies from what i have seen from the market so far. Since it only entails buying and holding until the asset appreciates just that it will only require patience since little or no technical skill is needed although with technical skill the trader can have more advantage over the market.
There's always a good advantage when you do deal up with spot. -You wont liquidated -You could always opt to hold your position -You could have the chance of breaking even when trend changes -Volatility wont really be as severe as futures When you are still a noob and dont have much capital to start off then sticking with spot would be the best shot.Dont make yourself in a rush on making huge profits on high leverage if you dont see yourself to be that good on trading.This isnt recommended specially for those newbie traders out there. You would really be finding yourself on big trouble on this case.
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Oneandpure
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February 18, 2023, 08:30:38 PM |
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I have experienced on both kind of trading between spot and future, I can sleep well with my order filled in spot trading but around night never comfortable when sleeping if still have open or active order on future trading. You can imagine what happen with future and spot trading and actually which one most safety kinds of trading.
Many people or trader want to be richest person as soon possible and their alternative is future trading, but not think how bigger risk with future trading with our fund loss all when wrong predicting or not in the right moment with short or long position opening. Spot trading possibility earn profit although with small percentage than future trading but never loss our capital yet if consistency keep holding.
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crzy
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February 18, 2023, 09:23:04 PM |
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Even if I already have the experience in trading, I still liquidated in the futures so I think this is not advisable to beginners because its too risky. Spot trading are advisable, you can easily control your trade without worrying about losing everything, take small steps at a time and you can be good. Learn how to trade effectively and when the right time comes, futures might be your option but again don’t do this if you knowledge and skills is still not that good.
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lalabotax
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February 18, 2023, 09:42:14 PM |
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Between future and spot trading which will you opt in for. For me i think it is better to start with spot trading gradually observe how the market respond over time before moving into future trading.
Me, well, I will prefer to do spot trading. I am not a high-risk taker, so spot trading is much better for me to be able to manage the risks and emotions. I have ever done Future trading in the past, but I couldn't hold it and the gave up because of the higher risks and I was not capable of this. Although the results may be much higher than the Future trading, I think the risk is also the same, high enough. That is why whatever the choice, I suggest that it is based on our own ability, the ability for anything that can encourage us to do the best in the future or spot trading.
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Issa56
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February 18, 2023, 09:51:12 PM |
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The risk is higher than futures trading than spot because we know all beginners come as spot trading because it will be a start for at the time of purchase he can hold until he finds the best price to sell while futures trading we must be able to have the skills to analyze market movements at any time so right now I'm more comfortable in spot than futures trading.
You think beginnings don't start as a future trader? You are wrong, the beginnings that really want to learn about trading and making money won't start from future, but some beginners that only care about money and don't want to learn will definitely jump into future. I have seen a group before, they claim to be training people and providing signals for people even if you are a newbie(you don't know anything about trading), and people were really joining the group, those once are just after money and they don't know their is risk in future trading, they have been brainwashed already by the people teaching them.
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libert19
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February 19, 2023, 06:05:24 AM |
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I have done same thing as you mentioned, albeit unknowingly. But, Since it only entails buying and holding until the asset appreciates just that it will only require patience since little or no technical skill is needed although with technical skill the trader can have more advantage over the market.
I disagree with this point. Buying and holding some random asset don't work and you'll likely lose money. Even if you don't do technical analysis, rough research on project helps a lot.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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irhact
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February 19, 2023, 06:51:19 AM |
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People try to make quick money and in an easy way. So the first thing comes to their mind is future trade. Those who have no patience will always choose future trade. But the best approach in trading is to start from spot trading. I won't totally blame them because this online traders make it look easy that anybody can do it with just having the money and opening an account. You see them constantly updating proof of their profits there by making the whole thing look very easy. What people don't understand is that it's very hard than what they're advertising and if you're not careful you can get liquidated. Future trading is the most lucrative type of trading but you shouldn't involve yourself if you don't know how to trade the spot market therefore there should always be the starting ground and when you have perfected that then you can move upwards to take higher risks.
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KingsDen
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February 19, 2023, 10:31:56 AM |
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Between future and spot trading which will you opt in for. For me i think it is better to start with spot trading gradually observe how the market respond over time before moving into future trading. Both are indeed volatile and risky but i think spot which involves immediate buying and holding until price goes up to sell at a profit is more easier to start than making prediction on a price to either go up or come down on a later date.
Future trading is a business of professionals. I think a newbie should not have much connection to Future trading. Future trading can make or mare you even a professional trader let alone a newbie. A newbie can lose out on everything if they venture into Future trading. Future trading is risky for pros let alone a beginner. A beginner is good for spot trading and there are no much losses on spot trading especially with tools as stop losses and take profits.
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Yamifoud
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February 19, 2023, 10:47:12 AM |
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... Spot can be a nice start for newbies from what i have seen from the market so far. Since it only entails buying and holding until the asset appreciates just that it will only require patience since little or no technical skill is needed although with technical skill the trader can have more advantage over the market.
Spot trading is actually suitable for newbies. And even I was in trading for many years, I was still Opt to take this rather than trying Future trading because I was already comfortable with this. It was not wrong to take Future trading but must take note the higher risk involve which could cause big losses. It is indeed we need to prepare ourselves very well if we have plan for this. We don't need to hurry, we can go over there as long as we have carried enough trading knowledge and market experience.
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so98nn
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February 19, 2023, 12:20:31 PM |
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Future trading is mother of all. It has very volatile market and decisions needs to be perfect. Since the prediction window and marginal difference is really tight, it can give you huge profits in return to your prediction. However, reverse is also true and it can take down all the investment along with it, or even more if you do not sell in the right time. However, spot is always good. You have your own time frame and its your choice whether to sell or not and its also about when to? In fact you have clear understanding of the same considering your own thoughts about it. So you are good to go for it. I have done same thing as you mentioned, albeit unknowingly. But, Since it only entails buying and holding until the asset appreciates just that it will only require patience since little or no technical skill is needed although with technical skill the trader can have more advantage over the market.
I disagree with this point. Buying and holding some random asset don't work and you'll likely lose money. Even if you don't do technical analysis, rough research on project helps a lot. You cant win the trading all the time without technical analysis. That would be just random profits but you cant survive on it in the market. For a professional trader or an individual who is willing to turn trading into their routine/passive income, TA is vital part. In long run it happens to eat out profit if you do not do the research about asset you are investing into.
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libert19
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February 19, 2023, 01:56:36 PM |
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~
You cant win the trading all the time without technical analysis. Even technical analysis don't work all time. For a professional trader or an individual who is willing to turn trading into their routine/passive income, TA is vital part. I have a friend who does trading solely on news. I don't think TA is necessary for everybody. You just gotta find out what works for you and stick to it.
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RealMalatesta
Legendary
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Activity: 2338
Merit: 1124
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 19, 2023, 02:12:56 PM |
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Spot can be a nice start for newbies from what i have seen from the market so far. Since it only entails buying and holding until the asset appreciates just that it will only require patience since little or no technical skill is needed although with technical skill the trader can have more advantage over the market.
But, it seems that you are missing out one of the important factor of considering the real potential of a coin because holding a shitcoin could never help you in any case. For the scenario of Bitcoin, spot trading is always seeming like profitable one because you are getting second chance of holding if the market direction is not moving in your favor. But this cannot be generalized for all the coins and tokens when it coming about the spot trading. In precise, I like to the suggest you to go editing your open-post like spot trading is easier and profitable only for highly potential coin/token because holding is profitable only for potential things and not just for every asset.
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