coinerer
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September 14, 2023, 02:52:56 PM |
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Definitely spot trading is best for beginners Because beginners are not capable to analysis the market condition that's why if they go to for future trading then he will loss in trade and It will reset the balance to zero in just a few minutes. Future trading is very risky but when a beginner trader does future trading it is more risky for him. But in the case of spot trading, even if a trader makes a loss, there is no fear of zero balance. so spot trading definitely good for beginners then future trading
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Quidat
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September 14, 2023, 07:26:21 PM |
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Not recommended for beginner start trading in future, there are many aspect why future trading not allowed due can't right researching with some coins price and future trading bigger risk with losing capital. Spot trading still exist with capital although price have going dump and have second chance waiting for price recovering back. Its not allowed not try with future trading but after understand about trading and risk with future can use small capital to try how progress with future trading.
Spot trading is place for us to learn about trading and know more which one potential coins in the future, when understanding well with coins price and moment lower or higher price some coins that chance for us to begin with future trading although not really recommended because not guarantee from liquidation.
For those who had decided on starting up on futures specially if they are complete newbie then for sure they would really be having that taste of losses on which they didnt really expect that it did happen into them. Lots had lost money with futures and this is something that should really be that avoided specially when you are just starting up.This is something that very that risky to take because of those high leverage and you would really be that easily get liquidated depending or basing up on the leverage that you had set out. If you dont have sufficient market experience then most likely you would really be that ending up on messing your trades and this is where realization would kick in. It is really that interesting on earning profits with those huge percentage but with the risk factor then this is something that would really be that mindful about because the higher the potential income or profit is the higher the risks that you would really be needing to face on.
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justdimin
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September 18, 2023, 05:26:20 AM |
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If you are new to crypto trading, it is better to start with spot trading and not futures trading because spot trading is quite the opposite of futures. So you will be a bit confused when you start futures trading, believe me. In short, futures trading is only for those who have an understanding of crypto trading and know how to use chart indicators on any exchange platform in the crypto space. Unlike in spot trading, even if you are just a newbie, you can cancel your buy or sell point at any moment. And it is easier to conduct trading activity.
Yeah true, spot trading has a lot more leeway and allows people to have some sort of mistakes if they are not careful, and that's an important thing. Too many people who get into futures end up losing all their money very quickly, because if you trade without care, it will be zero, the wrong direction would make you lose it all. But with spot trading, it could go low when you wanted it to go high, and all you have to do is wait, if you picked a good coin that means the price will go up, and should be doing fine. I believe that it is going to be something special and should be important in the end and could give you a good return. I believe that it is going to be fine, we just need to end up waiting for it to recover.
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kingvirtus09
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September 18, 2023, 01:44:56 PM |
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Futures trading is actually too complicated, and that is not easy to understand. It is not recommendable or advisable for those who don't know.and only know a little. Because, as far as I understand, futures trading is only for those who know how to trade.
However, on the spot, you can control what you want to do anytime you like to cancel or not. Unlike in futures trading, once you have done your setup, it depends on whether you will make money or not, whereas in spot trading, you can see what the actual price is immediately if you buy or sell. So, if you know for yourself that you have zero knowledge of trading, it is better to start with a spot.
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xSkylarx
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September 18, 2023, 02:44:56 PM |
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If you are new to crypto trading, it is better to start with spot trading and not futures trading because spot trading is quite the opposite of futures. So you will be a bit confused when you start futures trading, believe me. In short, futures trading is only for those who have an understanding of crypto trading and know how to use chart indicators on any exchange platform in the crypto space. Unlike in spot trading, even if you are just a newbie, you can cancel your buy or sell point at any moment. And it is easier to conduct trading activity.
It is a requirement that before you jump to futures trading you should know well about spot trading but that doesn't mean that you've need to have tons of experience on spot you just need to familiarize yourself with it so that you will be able to understand what future tradings are and also what the difference on it. Indicators are used in spot and also on futures but they are just most commonly used in futures because they are plotting and planning their entries but you can still do it in spot but mostly now they are using spot trading just to hold some coins and sell them once the price increases.
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HONDACD125
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September 18, 2023, 07:08:50 PM |
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Futures trading is actually too complicated, and that is not easy to understand. It is not recommendable or advisable for those who don't know.and only know a little. Because, as far as I understand, futures trading is only for those who know how to trade.
However, on the spot, you can control what you want to do anytime you like to cancel or not. Unlike in futures trading, once you have done your setup, it depends on whether you will make money or not, whereas in spot trading, you can see what the actual price is immediately if you buy or sell. So, if you know for yourself that you have zero knowledge of trading, it is better to start with a spot.
You are right futures trading is not very suitable for newbies, because in futures trading you can get good profit very quickly but your entire investment can be zero. It requires a lot of experience and expertise and not everyone can do futures trading. Although I find futures trading very interesting, because every time you take a long or short position and the market moves according to your analysis, you get huge profits. While spot trading is easier than futures trading. Whatever crypto currency you take according to your analysis, even if the price is low, your total capital will not be at high risk. In spot trading you can choose any good coin in which you can make good entry and earn good profit. If the market falls, you can buy more and improve your average, but this certainly does not mean that spot trading is very easy. It also requires a lot of experience and knowledge, and unlearned spot trading can also lead to losses for newbies.
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JahriMeayer
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September 25, 2023, 11:18:15 PM |
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You already answered your question in explanation, maybe you are looking for others thoughts? Well i have similar point of view as yours. Though all type of trading is risky but spot trading seems less risky among those. Newbies may have knowledge about tools, may have ideas as well as strategies but they are still newbie cause trading doesn’t always follow fixed rules. future trading may have higher reward but it could empty balance within few minutes if you don’t know how to operate. That's why spot trading is less risky
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TimeTeller
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September 25, 2023, 11:40:53 PM Last edit: September 27, 2023, 11:11:10 AM by TimeTeller |
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You already answered your question in explanation, maybe you are looking for others thoughts? Well i have similar point of view as yours. Though all type of trading is risky but spot trading seems less risky among those. Newbies may have knowledge about tools, may have ideas as well as strategies but they are still newbie cause trading doesn’t always follow fixed rules. future trading may have higher reward but it could empty balance within few minutes if you don’t know how to operate. That's why spot trading is less risky
As a beginner, one should not go to futures as he has no sufficient skills or knowledge yet that would avoid him from liquidation of his assets. That is true, he should explore first the spot trading up until he got the grasp of how things are moving in the trading world. Some are going straight to futures as they are in a hurry to earn large profits, but usually such move is detrimental to their funds. But if they will push thru, they will learn their lessons quick and maybe learn their strategies on how to be more conservative on this market.
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gunhell16
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September 26, 2023, 01:30:36 PM |
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Not recommended for beginner start trading in future, there are many aspect why future trading not allowed due can't right researching with some coins price and future trading bigger risk with losing capital. Spot trading still exist with capital although price have going dump and have second chance waiting for price recovering back. Its not allowed not try with future trading but after understand about trading and risk with future can use small capital to try how progress with future trading.
Spot trading is place for us to learn about trading and know more which one potential coins in the future, when understanding well with coins price and moment lower or higher price some coins that chance for us to begin with future trading although not really recommended because not guarantee from liquidation.
As our colleagues here in this forum say, it is not really a good idea for a newbie to start futures trading without being loaded with crypto trading knowledge. Because bitcoin or crypto trading can be considered a profession, that's why knowing how to make money in trading means that you have skills in this kind of business industry. As a newbie, you can't stop yourself from trying to trade. You can start with spot trading; it's only advisable to try here; the rest is not really like futures, margin, perpetual, and derivative trading; all of that is complicated to understand. In short, it is not easy to understand trading.
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joker1313
Newbie
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September 28, 2023, 06:38:07 AM |
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Both spot buying and selling and futures trading have their personal benefits and downsides, and it ultimately depends at the individual trader's desires, threat tolerance, and trading style.
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.
Futures buying and selling, however, includes buying and selling contracts that promise to deliver an asset at a destiny date at a predetermined fee. It allows buyers to take positions on the course of an asset's price movement with out definitely owning the underlying asset. Futures trading can be extra complicated and unstable than spot trading, and it calls for more understanding and revel in. Futures buying and selling can be appropriate for buyers who have a better threat tolerance and are looking for greater superior trading techniques.
totally depends on the person. your behaviour tells you which trading is best for you. if you are calm in panic situations then go for futures and if you panic very quickly then stick to spot trading. all depends on person to person i believe.
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Inwestour
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September 28, 2023, 03:41:14 PM |
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As our colleagues here in this forum say, it is not really a good idea for a newbie to start futures trading without being loaded with crypto trading knowledge. Because bitcoin or crypto trading can be considered a profession, that's why knowing how to make money in trading means that you have skills in this kind of business industry.
As a newbie, you can't stop yourself from trying to trade. You can start with spot trading; it's only advisable to try here; the rest is not really like futures, margin, perpetual, and derivative trading; all of that is complicated to understand. In short, it is not easy to understand trading.
Trading futures will be challenging even for experienced traders, but for beginners it is the easiest way to lose money. A beginner, even in spot, can lose money if they makes the wrong decisions, even if they uses a stop loss. If spot trading was so simple, then everyone could quit their job and trade, but statistics tell us that only a small number of traders can make money from it. I will tell you my opinion, it seems to me that many people can make money in trading, but the earnings will be very small. And only a very small number of traders become truly successful.
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Olalomi
Member
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September 28, 2023, 05:00:21 PM |
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As a beginner or newbie spot trading is the best type of trading to kickstart your trading journey because of it less risk compare to future trading though in spot trading Profit accrueable for each trade might be very small However it risk is very appreciable, as for a beginner future trading is absolutely very risk infact it's just like gambling because the funded portfolio can get liquidated in a jiffy or swiftly because of the high leverage on the trade all these assumption was based on personal experience I had when trading both spot and future trading in Binance.
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bitcrystal
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September 28, 2023, 07:42:19 PM |
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the best i think is spot trading. you learn the basics and you will have enough room to practise real time and multiple times and you can easy cut your losses. you can then move to futures after you become well versed with technical and fundamentals analysis and knows how to manage your risk and your portfolio.
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usekevin
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September 28, 2023, 09:50:17 PM |
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The spot trading will be the best option for the beginners,because the future trading was highly risky to the people who doesn’t have the trading experience.Without the experience the newbie will keep the leverage with high value to get more profit.But the market is unpredictable one,if the trader earn huge money from the future trading will be good.But if the trader had a bad luck,all the money he keep for the future trading will be lost.This will be the big loss for the new traders by using the future trading.
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Fatunad
Sr. Member
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PredX - AI-Powered Prediction Market
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September 28, 2023, 09:59:34 PM Last edit: September 28, 2023, 11:49:44 PM by Fatunad |
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Not recommended for beginner start trading in future, there are many aspect why future trading not allowed due can't right researching with some coins price and future trading bigger risk with losing capital. Spot trading still exist with capital although price have going dump and have second chance waiting for price recovering back. Its not allowed not try with future trading but after understand about trading and risk with future can use small capital to try how progress with future trading.
Spot trading is place for us to learn about trading and know more which one potential coins in the future, when understanding well with coins price and moment lower or higher price some coins that chance for us to begin with future trading although not really recommended because not guarantee from liquidation.
As our colleagues here in this forum say, it is not really a good idea for a newbie to start futures trading without being loaded with crypto trading knowledge. Because bitcoin or crypto trading can be considered a profession, that's why knowing how to make money in trading means that you have skills in this kind of business industry. As a newbie, you can't stop yourself from trying to trade. You can start with spot trading; it's only advisable to try here; the rest is not really like futures, margin, perpetual, and derivative trading; all of that is complicated to understand. In short, it is not easy to understand trading. You would instantly be blowing up your account on the time that you would be starting with futures trading.It isnt something that newbie could be able to handle it out. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Spot trading would be the best path that you should really be making on which it is newbie friendly and something that is less risky compared when you do make out some futures trading on which this is something that cant be handled out even to those traders who does have that sufficient experience or been here on this market for a while already. If you are just new into this market then it would really be just ideal that you shouldnt really be rushing up yourself on learning or being profitable with trading because it would really be taking so much time and would really be taking so much effort before you could really be having a good grasps with it. The spot trading will be the best option for the beginners,because the future trading was highly risky to the people who doesn’t have the trading experience.Without the experience the newbie will keep the leverage with high value to get more profit.But the market is unpredictable one,if the trader earn huge money from the future trading will be good.But if the trader had a bad luck,all the money he keep for the future trading will be lost.This will be the big loss for the new traders by using the future trading.
Experience is a must and dont rush up on something like this because you would really be prone to lots of errors and mistakes if you do have this kind of behavior. Take it slowly and trying out to learn on whatever mistakes and errors you have done. This isnt something that you could really be able to learn in one go or something in short time period. Usually newbie does have this kind of impression on which it do really looks like easy peasy but on the time that you do have that real experience or you do set your foot into the field then this is where realization begins or would really be felt.
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chaser15
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Undeads.com - P2E Runner Game
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September 28, 2023, 11:03:09 PM |
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The spot trading will be the best option for the beginners,because the future trading was highly risky to the people who doesn’t have the trading experience.Without the experience the newbie will keep the leverage with high value to get more profit.But the market is unpredictable one,if the trader earn huge money from the future trading will be good.But if the trader had a bad luck,all the money he keep for the future trading will be lost.This will be the big loss for the new traders by using the future trading.
Not only does Future Trading require experience but it quite has a different structure than Spot Trading. Even experienced traders are having a hard time earning at Future Trading and that reason alone should be enough for Beginners not to touch Future Trading right away. It's not a thing that everyone should just touch without any preparations or at least knowledge to do it. Anyways, everyone started as a newbie in Future Trading but before engaging, try to study first how Future Trading Works. After studying the basic and some general knowledge, these newbies can now start to feel the pressure of doing the actual Future Trading and start building experience.
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kingvirtus09
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September 29, 2023, 12:32:55 PM |
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If you are new to crypto trading, it is better to start with spot trading and not futures trading because spot trading is quite the opposite of futures. So you will be a bit confused when you start futures trading, believe me. In short, futures trading is only for those who have an understanding of crypto trading and know how to use chart indicators on any exchange platform in the crypto space. Unlike in spot trading, even if you are just a newbie, you can cancel your buy or sell point at any moment. And it is easier to conduct trading activity.
It is a requirement that before you jump to futures trading you should know well about spot trading but that doesn't mean that you've need to have tons of experience on spot you just need to familiarize yourself with it so that you will be able to understand what future tradings are and also what the difference on it. Indicators are used in spot and also on futures but they are just most commonly used in futures because they are plotting and planning their entries but you can still do it in spot but mostly now they are using spot trading just to hold some coins and sell them once the price increases. You don't really need a lot of experience to understand spot trading for the future. That's not what we learn about trading. Because there are many others who have experience in trading but do not learn from their trading strategy. Even the basics we can understand in trading, even if you are not an expert, as long as you understand the movements in the market and know where to use the trading tools correctly, that is enough for you to get a profit. That is a big help, believe me. It's just really simple if you're a newbie: just spot first; don't jump into futures; follow what others say here.
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cheezcarls
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September 29, 2023, 01:22:43 PM |
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Both spot buying and selling and futures trading have their personal benefits and downsides, and it ultimately depends at the individual trader's desires, threat tolerance, and trading style.
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.
Futures buying and selling, however, includes buying and selling contracts that promise to deliver an asset at a destiny date at a predetermined fee. It allows buyers to take positions on the course of an asset's price movement with out definitely owning the underlying asset. Futures trading can be extra complicated and unstable than spot trading, and it calls for more understanding and revel in. Futures buying and selling can be appropriate for buyers who have a better threat tolerance and are looking for greater superior trading techniques.
Spot trading is the most basic one for beginners. At least you have a bit of control of the buying and selling position that you have set in the order book. This is truly hands down if you are planning to do day trading aside from just buy and HODL. Futures trading is more riskier and not a good place to start for newbies as you cannot control what’s coming whether you declared long or short.
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blockman
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September 29, 2023, 07:56:18 PM |
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Futures trading is more riskier and not a good place to start for newbies as you cannot control what’s coming whether you declared long or short.
It's a gamble, most beginners will have a hard time dealing with the market through futures trading. And they might even regret that they have tried futures trading. There can be some of them that could see the potential of it but then, that's just it. The harder part of it is when they don't notice that they did it and they've just lost in an instant without knowing how it works. This is truly happening in many traders because they think that it's as easy as what they are hearing from influencers or other traders that are sharing their experiences and profits from it.
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jeraldskie11
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September 29, 2023, 11:54:51 PM |
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Futures trading is more riskier and not a good place to start for newbies as you cannot control what’s coming whether you declared long or short.
It's a gamble, most beginners will have a hard time dealing with the market through futures trading. And they might even regret that they have tried futures trading. There can be some of them that could see the potential of it but then, that's just it. The harder part of it is when they don't notice that they did it and they've just lost in an instant without knowing how it works. This is truly happening in many traders because they think that it's as easy as what they are hearing from influencers or other traders that are sharing their experiences and profits from it. Those influencers are doing this to increase their following. They want people to feel it's simple because they only supply winning trades and not failing deals. Some of them are not profitable traders because they are unable to give PnL. Newbie traders did not realize how crucial it is; they were simply enticed by their words and jumped into trades without enough understanding, which is a significant mistake in trading because it would only result in losses. They will only discover that they are being luted and that trading is difficult when they continue to lose money.
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