alastantiger
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August 04, 2023, 11:55:58 PM Last edit: August 05, 2023, 12:07:41 AM by alastantiger |
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Trading is very risky for beginners. Although both spot trading and futures trading have their individual advantages, it is only for experienced individuals. I don't think futures trading is good for beginners. Because futures trading is risky. If any of the newbies are interested in trading then I think spot trading would be good for them. Future trading can be more complicated and volatile than spot trading, and the fear of losing money in futures trading is greater. And one needs to be more experienced to understand future trading which is not possible for beginners. A small mistake in future trading can result in huge losses. But he does not have to face huge losses even if he takes a wrong entry for spot coins.
I consider futures trading a form of gambling because it is based on speculation about future asset prices. I don't know about binance but I learned that if anyone is interested can check Kucoin for trading crypto futures. People who trade future have a 90% tolerance for the risks in the market besides they have many years of experience. Beginners should not worry about futures but rather should focus on spot trading which is average profit and low risk.
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dansus021
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August 05, 2023, 01:29:58 AM |
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Spot trading only would be great choice for beginners even for Pro user. Futures are great with leverage and profit but those are risky businesses. Personally, Im loving candlestick and then my instagram is full of trading indicator and trading signals both of them give a huge profit result from futures but hey those are marketing if they can made a dozen of profit from that why sell indicator hahaha
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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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Mpamaegbu
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Once a man, twice a child!
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August 05, 2023, 11:47:22 AM |
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OP, you seemed to be asking question in your thread topic with this "Spot trading or future trading which trading is best for beginers (sic)?" but you went ahead to give an expository in the body of your first comment. That's conflicting. Anyway, that said.
I think every newbie trader should stick to spot trading and then grow from that conservative experience they will get from it. It's greed which often arises from the instant profit made (when it goes well, anyway) from future trading that entices amateur traders into futures trading. Traders should learn the logic behind "slow and steady win the race' and not instant gratification by hastily doing what they aren't conversant with and getting their fingers burnt
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Issa56
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August 05, 2023, 11:01:50 PM |
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Totally trading not a good ways for beginers. New investors get too excited to dive into the trading market which results in money losses at home. Newbies don't understand trading so they take losses while trading quickly. So invest early to replace advanced strategy at dip price and do your research.
Maybe you don't really understand what the Op is trying to say, we all know that trading is kind of risky but the Op is comparing spot trading with future trading, but if beginners are trying to trade, its better they go into spot trading, any beginner that want to start trading should just start with spot trading, even some professional traders are scared of future trading, they prefer to trade on spot. Future trading is highly profitable, but the risk is associted with it is really high, you can lose everything you have been working for within a very short period of time, but spot is kind of safe compare to future trading.
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AmoreJaz
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August 05, 2023, 11:09:02 PM |
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Totally trading not a good ways for beginers. New investors get too excited to dive into the trading market which results in money losses at home. Newbies don't understand trading so they take losses while trading quickly. So invest early to replace advanced strategy at dip price and do your research.
Maybe you don't really understand what the Op is trying to say, we all know that trading is kind of risky but the Op is comparing spot trading with future trading, but if beginners are trying to trade, its better they go into spot trading, any beginner that want to start trading should just start with spot trading, even some professional traders are scared of future trading, they prefer to trade on spot. Future trading is highly profitable, but the risk is associted with it is really high, you can lose everything you have been working for within a very short period of time, but spot is kind of safe compare to future trading. you can easily get liquidated in futures if you don't know what you are doing. the best for beginners is spot trading. use small amount of money first to try your hands on this. also, better go for btc first and other top alts, while you are learning the ropes. there's too much to learn in spot trading before you can go to futures. once you are comfortable with your trading skills, you can start exploring your chances in futures. but start with top alts as much as possible. new alts usually has short lifespan, which is very risky to do.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Silberman
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August 06, 2023, 04:10:14 AM |
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Totally trading not a good ways for beginers. New investors get too excited to dive into the trading market which results in money losses at home. Newbies don't understand trading so they take losses while trading quickly. So invest early to replace advanced strategy at dip price and do your research.
Maybe you don't really understand what the Op is trying to say, we all know that trading is kind of risky but the Op is comparing spot trading with future trading, but if beginners are trying to trade, its better they go into spot trading, any beginner that want to start trading should just start with spot trading, even some professional traders are scared of future trading, they prefer to trade on spot. Future trading is highly profitable, but the risk is associted with it is really high, you can lose everything you have been working for within a very short period of time, but spot is kind of safe compare to future trading. you can easily get liquidated in futures if you don't know what you are doing. the best for beginners is spot trading. use small amount of money first to try your hands on this. also, better go for btc first and other top alts, while you are learning the ropes. there's too much to learn in spot trading before you can go to futures. once you are comfortable with your trading skills, you can start exploring your chances in futures. but start with top alts as much as possible. new alts usually has short lifespan, which is very risky to do. Even a seasoned veteran can be absolutely destroyed if they make a single mistake when trading futures, so not only it should be a requirement to be an experimented trader but that person needs to also work exclusively as futures traders, if they want to work doing something else and they also want to trade on the side this is not going to work as futures trading requires their full attention, still many people decide to ignore our advice and trade in this way anyway, and soon enough they find themselves regretting their decision.
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abel1337
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August 06, 2023, 01:27:16 PM |
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Totally trading not a good ways for beginers. New investors get too excited to dive into the trading market which results in money losses at home. Newbies don't understand trading so they take losses while trading quickly. So invest early to replace advanced strategy at dip price and do your research.
Maybe you don't really understand what the Op is trying to say, we all know that trading is kind of risky but the Op is comparing spot trading with future trading, but if beginners are trying to trade, its better they go into spot trading, any beginner that want to start trading should just start with spot trading, even some professional traders are scared of future trading, they prefer to trade on spot. Future trading is highly profitable, but the risk is associted with it is really high, you can lose everything you have been working for within a very short period of time, but spot is kind of safe compare to future trading. you can easily get liquidated in futures if you don't know what you are doing. the best for beginners is spot trading. use small amount of money first to try your hands on this. also, better go for btc first and other top alts, while you are learning the ropes. there's too much to learn in spot trading before you can go to futures. once you are comfortable with your trading skills, you can start exploring your chances in futures. but start with top alts as much as possible. new alts usually has short lifespan, which is very risky to do. Even a seasoned veteran can be absolutely destroyed if they make a single mistake when trading futures, so not only it should be a requirement to be an experimented trader but that person needs to also work exclusively as futures traders, if they want to work doing something else and they also want to trade on the side this is not going to work as futures trading requires their full attention, still many people decide to ignore our advice and trade in this way anyway, and soon enough they find themselves regretting their decision. Just imagine those future traders who are being liquidated with an ridiculous amount of money because of a suden crash or sudden pump by the market. Those traders won't surely did some research and charted it but yeah, we can't tell what might happen on a crypto market. It's not that predictable but the chance of you identifying on where would the price go can increase. Future is a risky way of trading and even those who are earning good in trading recommend people to just stay away from futures trading because of it's nature. Imagine those newbies who has zero to little experience, their trading career can end as soo as they expect.
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Nrcewker
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August 06, 2023, 04:19:14 PM |
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Both types of tradings have their own benefits and disadvantages. If you aim for profits at the starting of your trading care, then I am afraid that you won’t make it long. If you are a beginner then in order to understand trading, spot trading will be the best option. It’s easier to understand and you just need to buy and sell the coins at perfect time. When you make good profits from spot trading and have some confidence on yourself, then only go for future training. A trader who has done spot trading can easily do future tradings, but the reverse is not possible.
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Altryist
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August 06, 2023, 05:39:56 PM |
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Both types of tradings have their own benefits and disadvantages. If you aim for profits at the starting of your trading care, then I am afraid that you won’t make it long. If you are a beginner then in order to understand trading, spot trading will be the best option. It’s easier to understand and you just need to buy and sell the coins at perfect time. When you make good profits from spot trading and have some confidence on yourself, then only go for future training. A trader who has done spot trading can easily do future tradings, but the reverse is not possible.
Spot trading is also not a very easy task, a beginner can buy some kind of coin and after that a long fall will follow, without proper experience, in the end, he can sell and fix losses. At the very beginning, everything should start with the choice of a coin, and the beginner will need to decide what he wants, choosing a high volatility coin can bring both a good increase and a significant fall, so spot trading also contains very significant dangers, but it will definitely be more understandable than futures.
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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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Bananington
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August 06, 2023, 05:42:55 PM |
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Both types of tradings have their own benefits and disadvantages. If you aim for profits at the starting of your trading care, then I am afraid that you won’t make it long. If you are a beginner then in order to understand trading, spot trading will be the best option. It’s easier to understand and you just need to buy and sell the coins at perfect time. When you make good profits from spot trading and have some confidence on yourself, then only go for future training. A trader who has done spot trading can easily do future tradings, but the reverse is not possible.
The name alone should make a beginner think twice. Spot has to do with on the instant trade. It's not risky nor will there be much considerable loss like it's counterpart, future trading. As futuristic as the name implies, a good trader knows that it is only a good understanding of how the market moves at certain times of the day, week, month, year. Whale signal alerts has to be gathered as well as other news and policies that might influence the movement of the market. How can a beginner begin to gain from trading when this knowledge is missing or it's still being made a sense out of? The reverse is obviously not possible for futures trading, that's why a beginner needs to understand how trading works and also try demo trading platforms and spot trading firstly, before any other form of future trading is tried out.
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fauzan Ichsan
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August 07, 2023, 02:42:05 AM |
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Both types of tradings have their own benefits and disadvantages. If you aim for profits at the starting of your trading care, then I am afraid that you won’t make it long. If you are a beginner then in order to understand trading, spot trading will be the best option. It’s easier to understand and you just need to buy and sell the coins at perfect time. When you make good profits from spot trading and have some confidence on yourself, then only go for future training. A trader who has done spot trading can easily do future tradings, but the reverse is not possible.
Spot trading is also not a very easy task, a beginner can buy some kind of coin and after that a long fall will follow, without proper experience, in the end, he can sell and fix losses. At the very beginning, everything should start with the choice of a coin, and the beginner will need to decide what he wants, choosing a high volatility coin can bring both a good increase and a significant fall, so spot trading also contains very significant dangers, but it will definitely be more understandable than futures. of the two, the most important thing to pay attention to is knowledge, without sufficient knowledge it will create big risks. just like we buy without knowing the characteristics, if altcoins will certainly have greater volatility then if after buying and there is a big decline, so what should we do, it is a difficult decision for most people if they don't have enough knowledge, maybe we hold on to it or take a cut loss, and of course to take that step we have to have a reason
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KingsDen
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Goodnight, o_e_l_e_o 🌹
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August 07, 2023, 09:43:53 AM |
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I advise you to begin with spot trading if you are new to trading cryptocurrencies. Most newbies I believe started from spot trading, just like me, a few years ago.
Even Op themselve mentioned it in the article that spot trading is preferable for newcomers, I do not even understand anymore the reason for the question. Spot trading entails buying and promoting assets at the cutting-edge marketplace rate, and it's miles generally considered less unstable than futures buying and selling. It is a great alternative for novices who are simply starting out in trading and want to get a feel for the marketplace. However, spot trading can also be volatile, and fees can differ swiftly, so traders want a good way to manipulate their threat correctly.
Even myself as an old hand, I have never tried future trading. It is not because I cannot, but it is because I see it as a gambling and that is why I haven't tried it out. I do not know whether there are more explanations to it. If there is I'll be willing to learn.
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shinratensei_
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August 07, 2023, 02:33:13 PM |
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I mean newcomers could always try out both, it doesn't necessarily requires you to invest massively when it comes to these two, well maybe spot in some cases does require tremendous amount of investment. but then again if newcomers are so curious they should try both, and sees whichever they sees fits. but the thing is that, sometimes beginner lucky really hit in this case when dealing with futures. sometimes some newbie win it big in their first try and so fixated on the future trading which might instead incur losses in the long term. but of course there's also chance that the newbie are just gonna be really great at future maybe they truly excels at reading the chart and make some analysis.
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Woodie
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August 07, 2023, 04:22:20 PM |
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Generally trading is pretty much the same regardless of type i.e spot trading, futures trading, perpetual you name it, if you know how to trade you can conquer all.
But in this case, Spot trading is definitely the easier of the two especially that you can trade on the basis of what you see is what you get, and the fact that the execution options are straightforward to understand and assets are those that we know... Spot trading is your go to here.
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savetheFORUM
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August 07, 2023, 05:38:11 PM |
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I advise beginners to learn spot trading instead of futures trading because it's safer. But they must study before starting to trade, and using a demo account is highly recommended to study indicators or something else. If they are used to spot trading and can get profits as often as possible, they can try futures trading.
But futures trading is more difficult because you have to know or be able to predict where the market will go. Otherwise, you will only lose and lose the money.
An absolute beginner should never think of going for futures trading right after entering the industry, this is the easiest recipe for disaster if you ask me. I know that a lot of newbies think that they can earn a lot of money from futures trading because they see a lot of screenshots on social media groups and timelines where people are showing how much they've made with a single trade in futures trading without actually talking about the risk behind it. A single futures trade can make a person lose all their capital if they don't have experience and don't know how to take trades with proper risk-management, so the best thing is spot market for a beginner and that too with a very small amount at the initial stage until they learn everything.
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Kelvinid
Sr. Member
Offline
Activity: 2828
Merit: 344
win lambo...
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August 07, 2023, 09:41:07 PM |
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I advise beginners to learn spot trading instead of futures trading because it's safer. But they must study before starting to trade, and using a demo account is highly recommended to study indicators or something else. If they are used to spot trading and can get profits as often as possible, they can try futures trading.
But futures trading is more difficult because you have to know or be able to predict where the market will go. Otherwise, you will only lose and lose the money.
An absolute beginner should never think of going for futures trading right after entering the industry, this is the easiest recipe for disaster if you ask me. I know that a lot of newbies think that they can earn a lot of money from futures trading because they see a lot of screenshots on social media groups and timelines where people are showing how much they've made with a single trade in futures trading without actually talking about the risk behind it. A single futures trade can make a person lose all their capital if they don't have experience and don't know how to take trades with proper risk-management, so the best thing is spot market for a beginner and that too with a very small amount at the initial stage until they learn everything. They'd rather choose the first step first (spot trading) before making another step (futures trading). Both had with corresponds risks but Futures is too risky which I'd see that newbies are not capable of doing it. A reason why the majority are suggesting Spot Trading as their base of learning before making a decision to take Future Trading. It is what we called preparation and it was very important in trading and also, it helps us to determine if we can really perform our tasks very well.
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Fatunad
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August 07, 2023, 09:49:27 PM |
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Totally trading not a good ways for beginers. New investors get too excited to dive into the trading market which results in money losses at home. Newbies don't understand trading so they take losses while trading quickly. So invest early to replace advanced strategy at dip price and do your research.
Maybe you don't really understand what the Op is trying to say, we all know that trading is kind of risky but the Op is comparing spot trading with future trading, but if beginners are trying to trade, its better they go into spot trading, any beginner that want to start trading should just start with spot trading, even some professional traders are scared of future trading, they prefer to trade on spot. Future trading is highly profitable, but the risk is associted with it is really high, you can lose everything you have been working for within a very short period of time, but spot is kind of safe compare to future trading. you can easily get liquidated in futures if you don't know what you are doing. the best for beginners is spot trading. use small amount of money first to try your hands on this. also, better go for btc first and other top alts, while you are learning the ropes. there's too much to learn in spot trading before you can go to futures. once you are comfortable with your trading skills, you can start exploring your chances in futures. but start with top alts as much as possible. new alts usually has short lifespan, which is very risky to do. Even a seasoned veteran can be absolutely destroyed if they make a single mistake when trading futures, so not only it should be a requirement to be an experimented trader but that person needs to also work exclusively as futures traders, if they want to work doing something else and they also want to trade on the side this is not going to work as futures trading requires their full attention, still many people decide to ignore our advice and trade in this way anyway, and soon enough they find themselves regretting their decision. Just imagine those future traders who are being liquidated with an ridiculous amount of money because of a suden crash or sudden pump by the market. Those traders won't surely did some research and charted it but yeah, we can't tell what might happen on a crypto market. It's not that predictable but the chance of you identifying on where would the price go can increase. Future is a risky way of trading and even those who are earning good in trading recommend people to just stay away from futures trading because of it's nature. Imagine those newbies who has zero to little experience, their trading career can end as soo as they expect. Sudden crash or huge green candle pump would definitely result on being that liquidated on which it is really just that common when dealing up with futures but not in spot. This is why on the time that you are just starting with trading specially when you are a noob then its never been that ideal that you would really be directly going with the futures but rather make yourself stick and learn up on spot trading and would really be that remaining or would be focusing for a couple of months or even years on trying out to enhance or make yourself that able to learn up lots of things on this way. You cant really be that so pushy or in a rush on learning up things because that would really be resulting into a disaster if you are really that tending to rush up learning because we know that it cant really be just that so possible on learning everything in a short time. Some do even say that futures trading is like a gambling but i tend to disagree, because you are really that still applying analysis although the risks is high compared to spot but not really that totally be a gambling after all.
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libert19
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August 08, 2023, 02:02:40 AM |
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I'd go with spot as futures with leverage can be devastating for beginners, I have friends who earned huge and lost it all as well in future's with leverage.
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FanEagle
Legendary
Offline
Activity: 3038
Merit: 1129
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August 08, 2023, 04:21:23 AM |
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Spot trading is a lot better for newbies because it gives you a chance to be wrong and not lose a lot. That way it's going to be something that profits people as much as possible without having to think about anything that is taking or making any big risks for them. If they do spot trading and the price goes down 10% that means they will lose 10% when they sell, if they hold that means there will be a chance they could make a profit.
However, if they end up doing futures trading then the price goes down, all of their investment will be gone, there will be zero left, 100% loss from 5% drop, and also there is no way to recover by waiting neither, you will have to find another trade to make it back as well.
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Noctis Connor
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August 08, 2023, 08:35:21 AM |
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for more friendly experience i suggest you go for spot trading since you can't burn your asset in spot trading. even if you left your coins for a long time once you came back it still there, its still the value that changed. In futures trading there's a risk of losing it all in a second. The more leverage you put the more money you can have or the more money you can lose. But if you want to try futures you can start on a lower leverage and as long as you get atleast 30% of the amount you put go and TP ASAP set a cut loss and set a TP so once it hit those you can be less stressed.
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