Basic Types of Trading - page 3. | Bitcointalksearch.org

DoublerHunter

hero member

Activity: 2590

Merit: 644

Quote from: AakZaki on October 15, 2021, 09:31:40 AM

Quote from: arbifahrozy on October 12, 2021, 12:43:01 PM

I mostly prefer spot trading, I'm doing it also and having much profits from the previous one or two years, in crypto it is real one and having much benefits as it is a little risky but not that much as the future trading, so it is never betting and can gain much profit through spot trading, and this is the best one to work on, so this was just my opinion.

Spot trading is also safer for beginners because if they make a wrong prediction their assets will remain safe and only their value will decrease.
When you understand spot trading and can do analysis of course everything will be easy, just how to do good management and manage emotions when trading.

^ Spot trading like selling high and buy low is almost the same.
But in spot trading, you need to be patient at all because it needs time before you can consider it is okay. However, there are too many styles in trading that you can apply, as long as your portfolio is ready for trading and you already understand you can buy it and use it. People should understand that trading is not an easy way of gaining profit.

gerryhartell

member

Activity: 170

Merit: 10

Tontogether | Save Smart & Win Big

I like futures trading. I am making good profit from futures trading till now. However, it takes a lot of research on coins. I kept up-to-date news of coins all the time. I would match their work by looking at the roadmap of what this project will do in the future. In my opinion, it is possible to do better from futures trading.

Dewi Aries

legendary

Activity: 2716

Merit: 1092

Leading Crypto Sports Betting & Casino Platform

Quote from: Alisha-k on October 05, 2021, 01:00:19 AM

There are basically two types of trading on binance generally (SPOT trading and FUTURES trading

📌 Spot Trading: you buy any coin of your choice at any given rate, you HODL for it to rise higher, you sell at any point you feel it has risen enough

📌 FUTURES trading: you predict whether a particular coin is going to rise of fall in price, if it goes in opposite direction from your prediction, you lose your money and your coin

Note: In SPOT trading, you can never lose your coin, the worth of your coin can only reduce but your coin remains to rise again in worth when the market goes green.

I am more into spot trading, maybe future can be more promising, but as we know risk behind it is bigger too. Maybe any trading style, as long it can give you profit, or at least not give you much stress feeling, will be good to pick. Because both maybe have their own benefit and risk and people freely choose what fit to them.

AakZaki

legendary

Activity: 2338

Merit: 1079

zknodes.org

Quote from: arbifahrozy on October 12, 2021, 12:43:01 PM

I mostly prefer spot trading, I'm doing it also and having much profits from the previous one or two years, in crypto it is real one and having much benefits as it is a little risky but not that much as the future trading, so it is never betting and can gain much profit through spot trading, and this is the best one to work on, so this was just my opinion.

Spot trading is also safer for beginners because if they make a wrong prediction their assets will remain safe and only their value will decrease.
When you understand spot trading and can do analysis of course everything will be easy, just how to do good management and manage emotions when trading.

blockman

hero member

Activity: 3024

Merit: 628

Vave.com - Crypto Casino

Quote from: arbifahrozy on October 12, 2021, 12:43:01 PM

I mostly prefer spot trading, I'm doing it also and having much profits from the previous one or two years, in crypto it is real one and having much benefits as it is a little risky but not that much as the future trading, so it is never betting and can gain much profit through spot trading, and this is the best one to work on, so this was just my opinion.

Spot does really has lesser risk than the futures. It's very known and only those that are good to it will go for futures and if there are newbies that thinking it's a quick profit method, it's true but they should be prepared before they become liquidated. It's not always that they're going to be liquidated but that mostly happens when a sudden turn of the market happens and it's not in their favor. That's why I don't like futures and my heart faints for it so I don't do it.

Silberman

legendary

Activity: 2534

Merit: 1338

Quote from: JooBra on October 10, 2021, 01:30:09 PM

Quote from: arbifahrozy on October 10, 2021, 12:24:17 PM

I always prefer spot trading as I'm also a trader , and doing spot trading always because it has some hope of rising the coin and get back to the original position but in future trading I don't even think that in future trading it also happens, What do you think? I means some traders think that they have some hope of getting the profit back?

I don't have big money so I use margin trading at X4. It can make you a bit more money with swing trading if you know what are you doing. The risk is there but still it's worth for me.

Personally I do not like the idea of using leverage however you are using a very small amount and if you have a tight stop loss and you know what you are doing then your risk is still manageable, however we have seen many cases of people that lost everything in a single trade as they used 100x leverage without a stop loss, this means that their risk was sky high and sooner or later they will make a mistake and their whole account will be wiped out.

michellee

hero member

Activity: 2604

Merit: 816

🐺Spinarium.com🐺 - iGaming casino

Quote from: Mpamaegbu on October 10, 2021, 11:57:53 AM

Quote from: michellee on October 05, 2021, 01:28:24 AM

For newbies, spot trading will be a better type of trading as they do not have to worry about the price and as long as they can hold the coin and not sell at a low price, they will have a chance to sell at the next high price.

It's not just newbies alone. Even as someone who has been in crypto trading for four years now, I don't like the so much noise and unnecessary risks with margin and futures trading, so I stay with spot trading. It gives me far better peace of mind than the other two. However, despite how safe I think spot trading is, I know it's still not ideal for newbies to jump into it without prerequisite knowledge of what crypto trading is in general and then have the set skills for trading it. Every newbie should be equipped, first of all, before venturing into trading no matter how simple they think it's.

You are right. Spot trading does not make us feel hard to trade as we do not in a rush to trade. We only need to buy the coin when the price dip and hold it after we buy. They can sell it later, especially if the price starts increasing and they can determine what price they want to sell. But spot trading can be dangerous for people who do not want to learn more about trading as we know that the market can change at any time. Maybe those who want to start with margin and futures trading want to feel the thrill of trading and test how good their skills in trading are. But back to that, if they do not have enough skills, they will hard to profit. So spot trading can be good for learning for the beginning.

arbifahrozy

full member

Activity: 896

Merit: 100

$CYBERCASH METAVERSE

I mostly prefer spot trading, I'm doing it also and having much profits from the previous one or two years, in crypto it is real one and having much benefits as it is a little risky but not that much as the future trading, so it is never betting and can gain much profit through spot trading, and this is the best one to work on, so this was just my opinion.

doremonchina

jr. member

Activity: 210

Merit: 1

there are few tips of trading you can take good profit to follow these steps.
1st expert market analysis this step is very important to understand the market position that what is the risastance and what is the supurt cone of market
and the 2nd number is Proprietary and quant rating this is important section use also stop limit and another thing that invest your small amount in first time

Betaj00

jr. member

Activity: 315

Merit: 2

Quote from: JooBra on October 10, 2021, 01:30:09 PM

I don't have big money so I use margin trading at X4. It can make you a bit more money with swing trading if you know what are you doing. The risk is there but still it's worth for me.

Maybe Margin trading is profitable for you but as a beginner nobody can use margin trading becouse have risk on margin and Future trading so i think Spot trading is suitable for everyone becouse easily we everybody can recover their loss on spot trading.

JooBra

full member

Activity: 1204

Merit: 162

Quote from: arbifahrozy on October 10, 2021, 12:24:17 PM

I always prefer spot trading as I'm also a trader , and doing spot trading always because it has some hope of rising the coin and get back to the original position but in future trading I don't even think that in future trading it also happens, What do you think? I means some traders think that they have some hope of getting the profit back?

I don't have big money so I use margin trading at X4. It can make you a bit more money with swing trading if you know what are you doing. The risk is there but still it's worth for me.

arbifahrozy

full member

Activity: 896

Merit: 100

$CYBERCASH METAVERSE

I always prefer spot trading as I'm also a trader , and doing spot trading always because it has some hope of rising the coin and get back to the original position but in future trading I don't even think that in future trading it also happens, What do you think? I means some traders think that they have some hope of getting the profit back?

Mpamaegbu

legendary

Activity: 2716

Merit: 1225

Once a man, twice a child!

Quote from: michellee on October 05, 2021, 01:28:24 AM

For newbies, spot trading will be a better type of trading as they do not have to worry about the price and as long as they can hold the coin and not sell at a low price, they will have a chance to sell at the next high price.

It's not just newbies alone. Even as someone who has been in crypto trading for four years now, I don't like the so much noise and unnecessary risks with margin and futures trading, so I stay with spot trading. It gives me far better peace of mind than the other two. However, despite how safe I think spot trading is, I know it's still not ideal for newbies to jump into it without prerequisite knowledge of what crypto trading is in general and then have the set skills for trading it. Every newbie should be equipped, first of all, before venturing into trading no matter how simple they think it's.

martina14

full member

Activity: 1190

Merit: 111

Quote from: Alisha-k on October 05, 2021, 01:00:19 AM

There are basically two types of trading on binance generally (SPOT trading and FUTURES trading

📌 Spot Trading: you buy any coin of your choice at any given rate, you HODL for it to rise higher, you sell at any point you feel it has risen enough

📌 FUTURES trading: you predict whether a particular coin is going to rise of fall in price, if it goes in opposite direction from your prediction, you lose your money and your coin

Note: In SPOT trading, you can never lose your coin, the worth of your coin can only reduce but your coin remains to rise again in worth when the market goes green.

I had been here in cryptocurrency business for a couple of years and yet, I never try to use Future and Margin trading.
Most of the time I used spot trading and I don't see any problem if I stick unto it. And according to what I read, watch in youtube and
heard for some rumors, Future and Margin is much more higher risk rather than Spot trading and I think it is right, actually.

tygeade

legendary

Activity: 2086

Merit: 1058

Quote from: Betaj00 on October 10, 2021, 03:16:42 AM

Quote from: Nigrinn on October 05, 2021, 08:39:08 AM

The best way to raise which type of trading is suitable for you is to try both options and then decide.

I think not need to use Spot and Future trading before understanding about trading that which one is the best for his, it maybe bad for him, becouse if he use both trading without any knowledge then he can lost his fund. So he can watch video and others people’s opinion and also he can use demo trading.

In my opinion, if you are good at futures trading then you can easily tackle the spot trading because futures environment is known for high volatility whereas spot markets are always known for highly technical analysis obedient which means you can make use of technical and fundamental analysis more effectively with sport trading.

So, to find which type of trading is good for a beginner, I guess not needed to check on both the environment just checking with futures alone will be enough and fortunately we are having demo trading facility for futures trading these days.

Desmong

member

Activity: 812

Merit: 13

Crypto bookmaker and casino

Quote from: michellee on October 05, 2021, 01:28:24 AM

For newbies, spot trading will be a better type of trading as they do not have to worry about the price and as long as they can hold the coin and not sell at a low price, they will have a chance to sell at the next high price.

While in spot trading, you are not actually losing if you do not sell your coin, in the future and margin trading, you can lose all of your funds if you do not close your trade.

Affirming that spot trading is a better option for newbies might sound easy to them but to me, any trader can decide to trade spot market in respective of your status in the cryptocurrency market. Spot trading is just like normal buying and selling we usually do when we buy a coin and later sell it to other investors and make our gain.

Spot trading might look easy and comprehensive but also have it own risk which can be minimal per say. Let the newbies know that there are certain risks attached to all forms of trading.

Betaj00

jr. member

Activity: 315

Merit: 2

Quote from: Nigrinn on October 05, 2021, 08:39:08 AM

The best way to raise which type of trading is suitable for you is to try both options and then decide.

I think not need to use Spot and Future trading before understanding about trading that which one is the best for his, it maybe bad for him, becouse if he use both trading without any knowledge then he can lost his fund. So he can watch video and others people’s opinion and also he can use demo trading.

Mauser

hero member

Activity: 1694

Merit: 516

Quote from: Alisha-k on October 05, 2021, 01:00:19 AM

Note: In SPOT trading, you can never lose your coin, the worth of your coin can only reduce but your coin remains to rise again in worth when the market goes green.

Aren't you also getting a coin in the future trading? But instead of getting it today you will get it at a future point in time. If prices drop then you make a loss because you could buy the coin cheaper at the spot market instead of from the future contract. For me holding a losing coin is not a bad idea. If you don't need the money right away and don't have a better alternative to invest in, why not just hold the coin for a few month. I can understand day traders who want to minimise their risk and will sell a coin as soon as it starts to turn into a loss. I made good returns with HODL.

wajik-tempe

sr. member

Activity: 1022

Merit: 252

Quote from: LUCKMCFLY on October 10, 2021, 02:04:36 AM

Has anyone had experience with trading NFT games? I mean pre-sales, public sales, and then re-buying at public sales? I have seen many videos on YouTube where they do this type of practice, where with only 1 BNB that is in 500USD they can multiply it sometimes to 2000usd or more, of course knowing how to do the type of trading, but it is a trading that I think is fast, that has its great risks, but that gives high profitability.

New project usually experienced a price changes really fast because the volume is still low, it's just like the projects finding it's real value before volume going up. Many people doing scalping to the new project to multiple their capital but it's very risky. If the timing is not perfect, we could also loss 50% in a minute. Not worth it if wen are just speculating without knowing what project we are in, and it won't make you profit all the time, there will be the time you will get high loss.

LUCKMCFLY

legendary

Activity: 2534

Merit: 1873

Leading Crypto Sports Betting & Casino Platform

Quote from: ethereumhunter on October 08, 2021, 03:46:45 AM

Quote from: SquallLeonhart on October 07, 2021, 03:01:44 PM

Quote from: ethereumhunter on October 07, 2021, 05:34:21 AM

Indeed, I see that many of us cut loss the coin by selling at a low price when the price is down. They do not think that the price can increase anytime, so they only think that selling their coin will save them from a big loss because the situations seem to be getting drops too deep. Well, that will depend on how our analysis because as long as that is about the potential coin, I think we can still hold the coin and buyback for more when the price is down.

I think it is how we can manage our emotions related to the current situation at the market and how good we can analyze the price so we do not get the impact from the downtrend. Maybe it will need more experiences to have that control and that is worth learning about that.

Unfortunately those people are not too much involved in the crypto world, if they were involved then they would know that crypto prices crash all the time, and it will crash again in the future, many times as well. What matters is not the crash, what matters is that you should either do nothing and wait for it to go up or you could buy even more after it crashes to drop your average purchase price and then make a profit.

Long story short the best way to make profit is to never sell when you are in a loss. This doesn't work in horrible coins of course, if you are holding a horrible coin then you can sell, but if we are talking about something like bitcoin they always hold until you profit, it will eventually go up there.

That will happen many times and if we are not ready for that situation, we will not survive in the bad situation instead will leave the crypto because of disappointed with the situation. When the crash comes, we need to calm down and be patient and try to use the moment to buy more.

We need to have a strong hand to hold the coin, especially in a crash situation but that will depend on the coin itself. If the coin is worth holding, then that will be okay to still hold in the crash market.

Has anyone had experience with trading NFT games? I mean pre-sales, public sales, and then re-buying at public sales? I have seen many videos on YouTube where they do this type of practice, where with only 1 BNB that is in 500USD they can multiply it sometimes to 2000usd or more, of course knowing how to do the type of trading, but it is a trading that I think is fast, that has its great risks, but that gives high profitability.

Topic: Basic Types of Trading - page 3. (Read 586 times)