I have heard a lot of things about Bitcoin trading and even, most especially futures trading and how volatile it can be and how some countries have banned it.
Some have even gone to share with some newbies and are scared I'm new to futures, but I am thinking of starting now and some I believe to ease the fear, some reward system or back up for newbies, like having some pool of rewards to incentivise traders foe reaching a milestone sort of and it shouldn't be too high, Something around 2k usdt should be fair enough.
You are right, futures trading is prohibited by some countries, including mine. Futures trading is certainly an alternative that you can consider to gain profits from trading, but the main problem is that there are big risks that you have to consider wisely. You should not gamble with futures trading, I mean you will not really get the returns according to plan if you like to play with high leverage.Some have even gone to share with some newbies and are scared I'm new to futures, but I am thinking of starting now and some I believe to ease the fear, some reward system or back up for newbies, like having some pool of rewards to incentivise traders foe reaching a milestone sort of and it shouldn't be too high, Something around 2k usdt should be fair enough.
I've lost several thousand dollars on futures trades before, which is definitely not what I want. There are lessons I learned from there, so maybe I will try to minimize those mistakes in the next trade. If you are interested in futures trading, then my only advice is, don't be greedy and don't have the intention of getting rich quickly with it.
This can be so touching and sometimes I wonder where those money go to. I think if those big platforms in the likes of Bitget, Binance and Coinbase can come up with a rewarding system for users that lose in the futures market or even get to compensate them back, that way it won't get banned in those countries, I hope we get there soon or the population of newbies that will indicate interest in futures will be very minimal and maybe they shoulf also have some attractive incentives too to take care of their fears. I wish I have the funds to run an exchange, maybe I'll make a better place....lol
I have heard a lot of things about Bitcoin trading and even, most especially futures trading and how volatile it can be and how some countries have banned it.
Some have even gone to share with some newbies and are scared I'm new to futures, but I am thinking of starting now and some I believe to ease the fear, some reward system or back up for newbies, like having some pool of rewards to incentivise traders foe reaching a milestone sort of and it shouldn't be too high, Something around 2k usdt should be fair enough.
Are you trying to say that for people to scale the fear they have for futures trading, that some kind of reward should be offered? If so, I do not think so, or think you really understand that life does not care. When you are winning, it is to someone's loss in trading, and when you are losing in trading, it is also to the benefit of someone who you are loosing to. When you loose in futures trading, someone benefits from it, and even if they make a reward pool to encourage more people to trade futures, it will only put people under the motion to try to win the reward pool, and it the process, they may loose more, because they are have not prepared themselves very well. do not trade futures for any reason or reward if you know you have no knowledge about it. Some have even gone to share with some newbies and are scared I'm new to futures, but I am thinking of starting now and some I believe to ease the fear, some reward system or back up for newbies, like having some pool of rewards to incentivise traders foe reaching a milestone sort of and it shouldn't be too high, Something around 2k usdt should be fair enough.
Yes, you are right to some extent, everything in crypto should be approached from an informed standpoint and nothing should be done blindly, I just believe there is too much negative things said about futures than it really is and I don't even expect anyone to do it without good knowledge, and since there is always a beginning to anything we do, there will still be the well informed newbie out there and everything both with or without rewards need to be done with caution, people still lose the more even without rewards so in all, it is just to render help from emotional trauma and to make people see have hope in what they do.
You've got a point. I think cex are doing that now, incentivising Futures traders by various rewards mechanisms in a Bid to motivate them or appreciate their efforts. I shared one earlier on Bitget, yon can observe to see if you're good for it. Goodluck though. If you need advice, I've been trading for a year plus now so I can chip some for you😎😎
