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Topic: Basic Types of Trading - page 5. (Read 580 times)

hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
October 06, 2021, 09:33:43 AM
#33
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.
It is true, but if you do not sell your coin and still hold when the price is down. You will have a chance to see your coin price increase someday so you will be back to see the high price for your coin and make a profit. But many traders decide to cut loss their coin when the price is down with the hope that they can buy back at a lower price. I think that will depend on their strategy to be applied in the trading and every trader will have their own strategy to the current situation in the market.
hero member
Activity: 2086
Merit: 603
October 06, 2021, 08:40:51 AM
#32
There are many many types of trading. To this you add staking, margin, grid trading, and now a days Liquid swap is also way popular if played with the right coins. Moreover, these all are not just recent players, they are way too old and peeps are doing it since before the binance.

I have seen so many staking threads on the forum all the time. Then in the beginning of 2020 liquid swap trade started popping up. It's nice to see we more options in the crypto world than share market or stocks.
member
Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
October 06, 2021, 08:16:31 AM
#31
Future trading and spot trading are good for traders to earn well in the market. When you are focusing on future trading at this season we are, is a good idea because many coins has reduced price in the market. Any trader that is  purchasing for future Profit making will really achieve good profits at the end of the trading. If you really understood what you are doing in the market , you will never loose you coins than to achieve something good your trading.
Spot trading required experience or good knowledge before you can buy any coins of your choice and hold until the price of that particular coin increase before you can sell to earn well. In this spot trading you must not joke with your time and knowledge, for you to get it right at the end of the market.
sr. member
Activity: 1036
Merit: 273
October 06, 2021, 06:56:40 AM
#30
First Iam going to answer this base on what I learned and know.

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 HOLD for it to rise higher, you sell at any point you feel it has risen enough
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.

In addition to this ideal basic type of trading or rather a reminder, you need to focus on its market cap on its highest. Likely if the market cap reaches more than 2 times a month you could have a great deal of income return. Yes on SPOT trading you can never lose a coin but you need to look wider and out the box, if an ICO or a value of a coin hits one capital/ cap in a month it is a big no. At first you may see its cheaper and you attracted to the most basic rule of trading buying low and selling it highest even if its HOLDING a coin.

in trading and it specifically point out on another coin it is a risk but for me from my point of view with it is bitcoin and ethereum this spot trading would really be good and be applied to the idea and type of term of spot trading.  

You can HOLD on a coin that has the potential to grow or potentially grown many times a year.


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

This type of ID is applied to all coins you can lose it and win it but it is connected to spot trading it is no different as it is connected but not the HOLD.

Specifically, you need to pick the right coin to play with and the big candidate for that is bitcoin no other ICO of me in which base on my point of view.
sr. member
Activity: 966
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Bitcoindata.science
October 06, 2021, 04:04:00 AM
#29

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.
Choosing which type of  trading you venture into depends on the trader and how much patience they can adopt. Both are risky and risky if a spot trader lacks patience and discipline they might sell the dip out of fear and still run at loss. Like wise a future trader who would lose of their prediction doesn't match the direction of the market.

Non of the trading types is easy not even margin trading which is even more deadly for a starter or even a professional trader because most times since you are trading with assets that was given as a loan you might apply greed so as to raise a person capital
legendary
Activity: 1554
Merit: 1167
Gamble responsibly
October 06, 2021, 01:33:09 AM
#28
Spot trading is most secure and safety option for crypto currency trading, maximum people use spot option for crypto trading but i see many people use future trading option and at the end maximum people lost their fund. My clear opinion is that Spot option is better than Future trading.                         
Future trading can lead to maximum losses and it is the most risky depending on the leverage used, the higher leverage used the higher gain or losses can be but people can lose than gain which makes future trading the riskiest. But not that they are not secure or safe, they have the safety and security spot trading have, but maximum safety is on noncustodial wallet which you have completely control over.

The best way to raise which type of trading is suitable for you is to try both options and then decide.
Best to use low amount of money, $50 is not bad for spot trading while $20 is not bad for fututres. Also going above 5x leverage is gambling while 5x leverage is still if high risky that can easily result to liquidation.

sr. member
Activity: 2506
Merit: 368
October 05, 2021, 07:44:56 PM
#27
I am just away from the futures trading. Because it seems like a gamble to me and I am not good in the gamble or predictions. Whatever I am trading in is just spot trading.
I also did the same way, only trade for spot trading. Spot trading is much easier to do, but surely it also has the same risk of losing money. But the future has a bigger risk because it can lead to losing everything, while in the spot mostly just decreases the number of money if selling at a lower price. I assume most people prefer to choose a spot trading than future, especially those people who are still newcomers in crypto trading.


I'd rather stick to spot trading than gamble to future/margin trading since I am really that good when gambling since I just play when I want to pass time. So for beginners, spot trading is always the best choice but before they even start to wonder in actual trading newbies must have first to practice more on a demo account and until they are confident enough to hurdle the spot trading actually.

But for some advanced user/people who just like to gamble with a lot of experience in trading then future/margin is for them. The higher the risk the higher the rewards.
legendary
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October 05, 2021, 07:29:30 PM
#26
I am just away from the futures trading. Because it seems like a gamble to me and I am not good in the gamble or predictions. Whatever I am trading in is just spot trading.
I also did the same way, only trade for spot trading. Spot trading is much easier to do, but surely it also has the same risk of losing money. But the future has a bigger risk because it can lead to losing everything, while in the spot mostly just decreases the number of money if selling at a lower price. I assume most people prefer to choose a spot trading than future, especially those people who are still newcomers in crypto trading.

legendary
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eXch.cx - Automatic crypto Swap Exchange.
October 05, 2021, 07:10:22 PM
#25
I just believe future trading is just like gambling you are gambling if a coin will pump or dump with is very bad. If you are into future make sure you use small leverage, you can make use of stop lose when necessary thanks.

Well so is speculating on the spot market without any prior knowledge analysing the market. Basically if you're into trading without the skills of analyzing the market then what you're doing is gambling with your money. And that's what majority of the so called traders in the industry are doing, which is why statistics is against traders when it comes to been profitable.

Future trading is just advance trading, and not gambling if you know what you're doing. if you have enough funds you can keep your position open for as long as possible but make sure to close the contract before it expires. Newbie aren't advice to engage in future trading because of the risk involved as that aren't risks a newbie should be taken.

Stick to spot trading for the moment and gain as much trading experience as possible before wanting to engage in advance trading (which is future or margin trading) because you'll need all the experience possible to succeed over there.
hero member
Activity: 2982
Merit: 790
October 05, 2021, 05:32:54 PM
#24

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.

One  of the pros on doing spot vs futures/margin trading is that you dont totally lost up the coins you do have but rather lose its value but as long you dont close your position or make some sell then
you wont lose nothing which is totally different with futures.

This is why when you are just starting of with trading then stick with spot for long time and trying to familiarize everything and trying your best to be  sustainable.Most of the time i do consider
futures/margin to be on that gambling part.

Risk is high but reward is also high too but since we are minding off about long term run then i wont really suggest this type.
hero member
Activity: 1484
Merit: 928
October 05, 2021, 04:43:15 PM
#23
I I always advise people that still new in Cryptocurrency not to near future is better they are stick to stop that everybody knows that the price of the coin will drop and if you are holding a good coin it will definitely recover again with time but If you are into future you can get liquidated at any moment and you lose all the money you put in the trade, I just believe future trading is just like gambling you are gambling if a coin will pump or dump with is very bad. If you are into future make sure you use small lavagera you can make use of stop lose when necessary thanks.
legendary
Activity: 2618
Merit: 1801
Rollbit.com | Crypto Futures
October 05, 2021, 04:11:03 PM
#22
For newbies, I'm suggested you.You can buy token or coin holding is best option .I think,Trading  for newbies is not an easy. When you start trading then you need to more patience and control your emotion.Most of newbies don’t control Their emotion and they lose money cz when coin price little dip they did sell their coin and lose money. So you can hold and i think you can get good profit total in future from your holding coin or token.
Emotions are a weakness for everyone. because if trading cannot control emotions then the trading strategy will not work well. In addition, beginners also have to choose whether they want to trade SPOT, FUTURES or MARGIN. Spot is safer for beginners because when you buy it you just have to hold it until you make a profit. Holding good coins for the long term or as a long term investment would be great.

For futures and margin trading it is not suitable for beginners who are new to trading because of the greater risk of loss, the determination of leverage must be as wise as possible so as not to be exposed to Liquidation.
copper member
Activity: 2114
Merit: 1813
฿itcoin for all, All for ฿itcoin.
October 05, 2021, 03:39:51 PM
#21
I think futures is a very misused word. Traditional Futures contracts have and expiry date while perpetual swaps don't have any.

What is very common in cryto derivatives exchanges are perpetual swaps with very few futures contract.

So the best way to say is there is spot trading and derivatives trading not (futures trading)
full member
Activity: 1358
Merit: 104
October 05, 2021, 02:26:35 PM
#20
For newbies, I'm suggested you.You can buy token or coin holding is best option .I think,Trading  for newbies is not an easy. When you start trading then you need to more patience and control your emotion.Most of newbies don’t control Their emotion and they lose money cz when coin price little dip they did sell their coin and lose money. So you can hold and i think you can get good profit total in future from your holding coin or token.
legendary
Activity: 2282
Merit: 2196
Signature Space For Rent
October 05, 2021, 02:04:50 PM
#19
I am just away from the futures trading. Because it seems like a gamble to me and I am not good in the gamble or predictions. Whatever I am trading in is just spot trading. Future or margin trading isn't for all. Because everyone isn't a good analyzer or predictor. So without much experience, it's hard to win in margin or futures trading. Spot trading is quite safer than futures trading for beginners.
sr. member
Activity: 1988
Merit: 283
October 05, 2021, 10:59:35 AM
#18
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 HOLD 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.
that's why most user in binance preferred spot trading because on that way they can can really tell that the money/capital is totally safe wherein unlike future trading that in just one mistake there's a chance to have a massive loss, perhaps only long term holder can enjoy such features in binance because they're good at making technical analysis in such way. And short term traders are for spot trades only just to obtain quick profits.. Lol
full member
Activity: 966
Merit: 102
October 05, 2021, 10:38:02 AM
#17
You are true about spot trading, in spot trading you are buying an asset and no matter what happened to the price the number of your coin will still the same but in regards with futures trading you will need to leverage your coin in simple terms it is like betting your money and your money can be lost. So for beginners it is recommended to stay in spot trading rather than going to futures immediately.
legendary
Activity: 2366
Merit: 1206
October 05, 2021, 10:34:10 AM
#16
i have never tried futures trading, i just found out now. so future trading is very risk to trade if we are not experts in that field. but i see on binance there is p2p, what is p2p? i have never tried trading on the biggest market (binance).  Grin
I rather say, margin trading is quite risky than the future trading in Binance, it seems like they have been the same faces that are profitable but they had different types of the risk level.  Trading isn't an easy job and might newbies here will mislead that it's easy to gain profit in trading, I never spot trading but margin and future are quite opposite to me.

However, I'm didn't have much technical idea about this.  In Binance FAQ there's a video that explains you much better than me.
What Are the Differences between Margin and Futures Trading
jr. member
Activity: 319
Merit: 1
October 05, 2021, 10:24:19 AM
#15
i have never tried futures trading, i just found out now. so future trading is very risk to trade if we are not experts in that field. but i see on binance there is p2p, what is p2p? i have never tried trading on the biggest market (binance).  Grin
sr. member
Activity: 1148
Merit: 252
October 05, 2021, 10:13:51 AM
#14
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.

This is literally true but there is some cases when the coins value becomes nothing and then removed by the exchanges, we only could sent back the coin the our wallet or move it to another exchange who still list the coins.
But if it's already happen with big exchange, the coins must be so dead and the price won't recover, there are several coins which experienced this, so becareful and always placing a stop loss even trading in spot
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