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SOKO-DEKE
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February 22, 2023, 08:51:00 PM
 #81

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.
Futures trading is extremely risky, and it is not suitable for everyone, as opposed to spot trading, which even a novice with little knowledge of cryptocurrency can begin with. You will always lose money if you are not a kind person who is well-versed in cryptocurrency and skilled in technical analysis. As for me, I only tried future trading once and l lost. So I will never advise newcomers to try future trading until they have gained a great deal of knowledge. Based on the risks involved in future trading, I believe spot trading is preferable to future trading.

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February 22, 2023, 10:50:39 PM
 #82

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.
Futures trading is extremely risky, and it is not suitable for everyone, as opposed to spot trading, which even a novice with little knowledge of cryptocurrency can begin with. You will always lose money if you are not a kind person who is well-versed in cryptocurrency and skilled in technical analysis. As for me, I only tried future trading once and l lost. So I will never advise newcomers to try future trading until they have gained a great deal of knowledge. Based on the risks involved in future trading, I believe spot trading is preferable to future trading.
When you are just starting then it would never been ideal for you to deal up with futures directly.You cant really be able to handle the risk specially on higher leverage which it could possibly easily get you liquidated.Some are really just that interested because they are really that earning that much which is yes its possible but the risk in exchange is also great and high.

Build yourself to be better in spot trading before you could touch up futures but as much as possible then i wont be considering on having that switch up if ever i would find myself
to be sustainable on spot trading.Cant really just bare up the risk and i dont have much capital for me to burn on.  Cheesy

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February 24, 2023, 05:47:23 PM
 #83

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.
Futures trading is extremely risky, and it is not suitable for everyone, as opposed to spot trading, which even a novice with little knowledge of cryptocurrency can begin with. You will always lose money if you are not a kind person who is well-versed in cryptocurrency and skilled in technical analysis. As for me, I only tried future trading once and l lost. So I will never advise newcomers to try future trading until they have gained a great deal of knowledge. Based on the risks involved in future trading, I believe spot trading is preferable to future trading.

Spot trading could be learn through researches and a little experience unlike futures trading which has a bigger risk because one wrong decision could ruin your entire trading journey. If you want to try futures, you have to make sure that you're willing to learn every single detail about it and you are willing to invest your time learning because it's a broad and technical thing. Spot trading is the safest thing to do if ever you're just starting to build up your trading experience.
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February 24, 2023, 06:24:28 PM
 #84

Spot trading could be learn through researches and a little experience unlike futures trading which has a bigger risk because one wrong decision could ruin your entire trading journey. If you want to try futures, you have to make sure that you're willing to learn every single detail about it and you are willing to invest your time learning because it's a broad and technical thing. Spot trading is the safest thing to do if ever you're just starting to build up your trading experience.
Learning never ends; it's a lifetime endeavor that requires daily self-improvement. Futures and spot trading are the two main types of trading. Before placing a trade, one should be well informed and have the necessary capital. In contrast to future trading, which is complicated and has a significant amount of risk, spot trading is straightforward and simple to understand. The analysis of both trading features is quite tactical. As opposed to spot trading, which only generates modest gains, future trading is riskier but offers unparalleled and enormous profits.

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February 24, 2023, 07:33:02 PM
 #85

Learning never ends; it's a lifetime endeavor that requires daily self-improvement. Futures and spot trading are the two main types of trading. Before placing a trade, one should be well informed and have the necessary capital. In contrast to future trading, which is complicated and has a significant amount of risk, spot trading is straightforward and simple to understand. The analysis of both trading features is quite tactical. As opposed to spot trading, which only generates modest gains, future trading is riskier but offers unparalleled and enormous profits.
The risk of liquidation will be higher when you target large profits by setting high leverage on futures trading. Without high knowledge and experience, I think futures trading should be a gambling arena for traders. Of course the risk is very big because they only hope for luck without good analysis.

Adjust your leverage because when the leverage is lower, the risk will also be lower to be liquidated. But I don't like this type of trading because spot trading is more promising for me even if I have to be a bit more patient.

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February 25, 2023, 06:00:02 AM
 #86

Futures and Spot trading do have different challenges and risks. and Future Trading is much more difficult. And of course for beginners Futures Trading is not the right market to enter. The Spot Market is much easier and simpler to learn. For beginners Spot trading is indeed more suitable. because it is enough to buy and hold and sell when you are already making a profit. In fact, I think that many people who already understand crypto trading analysis have experienced defeat in futures trading.

However, even beginners in the spot market have the potential to suffer losses. Especially if the beginner has not studied any market analysis. so start from learning basic things in crypto and after that learn things related to trading and study the analysis in it. after that, you can start crypto trading.
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February 25, 2023, 09:44:12 AM
 #87

Futures and Spot trading do have different challenges and risks. and Future Trading is much more difficult. And of course for beginners Futures Trading is not the right market to enter. The Spot Market is much easier and simpler to learn. For beginners Spot trading is indeed more suitable. because it is enough to buy and hold and sell when you are already making a profit. In fact, I think that many people who already understand crypto trading analysis have experienced defeat in futures trading.

However, even beginners in the spot market have the potential to suffer losses. Especially if the beginner has not studied any market analysis. so start from learning basic things in crypto and after that learn things related to trading and study the analysis in it. after that, you can start crypto trading.
Perhaps, losses are a very usual thing to happen in trading whether you are a pro-trader or a newbie. But a smart trader must choose the place where is capable. Like if we are thinking that future trading is suitable meaning that we can manage to do it, the same thing happens to spot trading. But as we know Future trading is difficult for beginners which means that it was not really a good position to start with rather than spot trading. Because for me, even if I was in spot trading for a long time, I'd never think about jumping to Future Trading. Not because I was afraid to take risks but because I know that I was not capable enough to be there. Besides, spot trading is also profitable and the are the same.

R


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February 25, 2023, 01:56:55 PM
 #88

Between future and spot trading which will you opt in for.
@Zilon, as far as I know, from my experience, especially trading in the crypto market (Spot & Futures), there are two different things, one that doesn't require expertise or strategy, and the other requires expertise and strategy in trading.

Spot: for me it is more towards trading the investment method, after we buy we can set it at a price we want to believe in profits, for example: 1 week to a year or more, but the process of market development and profits is slow and takes quite a long time.

Futures: if we want to trade in Futures options many buttons we can choose to get quick profits.
For example:
After setting Limit, we can choose Take-Profit and Stop-Loss method and other faster features are Market, Trigger limit, Trigger market etc.
In the trading features Trigger limits and Trigger markets, we can choose a predetermined time to make a profit in 24 hours, 7 days and long term.

Trading method (Futures) requires real skills/strategies, in order to profit from it the experience I have had in trading crypto Futures options is the best.

R


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February 25, 2023, 09:53:53 PM
 #89

Perhaps, losses are a very usual thing to happen in trading whether you are a pro-trader or a newbie. But a smart trader must choose the place where is capable. Like if we are thinking that future trading is suitable meaning that we can manage to do it, the same thing happens to spot trading. But as we know Future trading is difficult for beginners which means that it was not really a good position to start with rather than spot trading. Because for me, even if I was in spot trading for a long time, I'd never think about jumping to Future Trading. Not because I was afraid to take risks but because I know that I was not capable enough to be there. Besides, spot trading is also profitable and the are the same.
The only difference between a newbie trader and a pro is their frequency of losses. Pros are more on the winning side but newbies are more prone to losses but it's not totally a bad thing because the more they lose the more they will learn. They are forcing their selves to learn because they are now pissed off when they realize how much money they already donated in the market.

Smart trader has no problems in trading and they are able to do any types of it due to their knowledge but for the newbies, they may start on the basics first and that will be the spot trading. Earning money is never boring so if we are already doing well in spot trading then why still look for something right?

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February 26, 2023, 06:23:17 AM
 #90

The only difference between a newbie trader and a pro is their frequency of losses. Pros are more on the winning side but newbies are more prone to losses but it's not totally a bad thing because the more they lose the more they will learn. They are forcing their selves to learn because they are now pissed off when they realize how much money they already donated in the market.

Smart trader has no problems in trading and they are able to do any types of it due to their knowledge but for the newbies, they may start on the basics first and that will be the spot trading. Earning money is never boring so if we are already doing well in spot trading then why still look for something right?
Another difference is the size of their losses, a pro trader can lose 1% to 2% of their capital in a single trade as they use their trading skills and a stop loss to reduce the money they can lose.

But newbies have the tendency of not accepting their mistakes, so when the market turns against them instead of selling they keep holding hoping to recover the money they have lost already, and while sometimes this strategy works most of the time what this will cause is for their losses to increase, and when you combine a higher losing rate and more losses on each trade than the pros then we can understand why so many newbies are unable to trade for long before they give up trading as a profession.

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