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Topic: If it was you (Read 600 times)

hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
February 26, 2023, 01:23:17 AM
#90
The only difference between a newbie trader and a pro is their frequency of losses. Pros are more on the winning side but newbies are more prone to losses but it's not totally a bad thing because the more they lose the more they will learn. They are forcing their selves to learn because they are now pissed off when they realize how much money they already donated in the market.

Smart trader has no problems in trading and they are able to do any types of it due to their knowledge but for the newbies, they may start on the basics first and that will be the spot trading. Earning money is never boring so if we are already doing well in spot trading then why still look for something right?
Another difference is the size of their losses, a pro trader can lose 1% to 2% of their capital in a single trade as they use their trading skills and a stop loss to reduce the money they can lose.

But newbies have the tendency of not accepting their mistakes, so when the market turns against them instead of selling they keep holding hoping to recover the money they have lost already, and while sometimes this strategy works most of the time what this will cause is for their losses to increase, and when you combine a higher losing rate and more losses on each trade than the pros then we can understand why so many newbies are unable to trade for long before they give up trading as a profession.
legendary
Activity: 2772
Merit: 1127
February 25, 2023, 04:53:53 PM
#89
Perhaps, losses are a very usual thing to happen in trading whether you are a pro-trader or a newbie. But a smart trader must choose the place where is capable. Like if we are thinking that future trading is suitable meaning that we can manage to do it, the same thing happens to spot trading. But as we know Future trading is difficult for beginners which means that it was not really a good position to start with rather than spot trading. Because for me, even if I was in spot trading for a long time, I'd never think about jumping to Future Trading. Not because I was afraid to take risks but because I know that I was not capable enough to be there. Besides, spot trading is also profitable and the are the same.
The only difference between a newbie trader and a pro is their frequency of losses. Pros are more on the winning side but newbies are more prone to losses but it's not totally a bad thing because the more they lose the more they will learn. They are forcing their selves to learn because they are now pissed off when they realize how much money they already donated in the market.

Smart trader has no problems in trading and they are able to do any types of it due to their knowledge but for the newbies, they may start on the basics first and that will be the spot trading. Earning money is never boring so if we are already doing well in spot trading then why still look for something right?
legendary
Activity: 2128
Merit: 1775
February 25, 2023, 08:56:55 AM
#88
Between future and spot trading which will you opt in for.
@Zilon, as far as I know, from my experience, especially trading in the crypto market (Spot & Futures), there are two different things, one that doesn't require expertise or strategy, and the other requires expertise and strategy in trading.

Spot: for me it is more towards trading the investment method, after we buy we can set it at a price we want to believe in profits, for example: 1 week to a year or more, but the process of market development and profits is slow and takes quite a long time.

Futures: if we want to trade in Futures options many buttons we can choose to get quick profits.
For example:
After setting Limit, we can choose Take-Profit and Stop-Loss method and other faster features are Market, Trigger limit, Trigger market etc.
In the trading features Trigger limits and Trigger markets, we can choose a predetermined time to make a profit in 24 hours, 7 days and long term.

Trading method (Futures) requires real skills/strategies, in order to profit from it the experience I have had in trading crypto Futures options is the best.
sr. member
Activity: 2478
Merit: 343
20BET - Premium Casino & Sportsbook
February 25, 2023, 04:44:12 AM
#87
Futures and Spot trading do have different challenges and risks. and Future Trading is much more difficult. And of course for beginners Futures Trading is not the right market to enter. The Spot Market is much easier and simpler to learn. For beginners Spot trading is indeed more suitable. because it is enough to buy and hold and sell when you are already making a profit. In fact, I think that many people who already understand crypto trading analysis have experienced defeat in futures trading.

However, even beginners in the spot market have the potential to suffer losses. Especially if the beginner has not studied any market analysis. so start from learning basic things in crypto and after that learn things related to trading and study the analysis in it. after that, you can start crypto trading.
Perhaps, losses are a very usual thing to happen in trading whether you are a pro-trader or a newbie. But a smart trader must choose the place where is capable. Like if we are thinking that future trading is suitable meaning that we can manage to do it, the same thing happens to spot trading. But as we know Future trading is difficult for beginners which means that it was not really a good position to start with rather than spot trading. Because for me, even if I was in spot trading for a long time, I'd never think about jumping to Future Trading. Not because I was afraid to take risks but because I know that I was not capable enough to be there. Besides, spot trading is also profitable and the are the same.
sr. member
Activity: 826
Merit: 266
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February 25, 2023, 01:00:02 AM
#86
Futures and Spot trading do have different challenges and risks. and Future Trading is much more difficult. And of course for beginners Futures Trading is not the right market to enter. The Spot Market is much easier and simpler to learn. For beginners Spot trading is indeed more suitable. because it is enough to buy and hold and sell when you are already making a profit. In fact, I think that many people who already understand crypto trading analysis have experienced defeat in futures trading.

However, even beginners in the spot market have the potential to suffer losses. Especially if the beginner has not studied any market analysis. so start from learning basic things in crypto and after that learn things related to trading and study the analysis in it. after that, you can start crypto trading.
legendary
Activity: 2618
Merit: 1181
February 24, 2023, 02:33:02 PM
#85
Learning never ends; it's a lifetime endeavor that requires daily self-improvement. Futures and spot trading are the two main types of trading. Before placing a trade, one should be well informed and have the necessary capital. In contrast to future trading, which is complicated and has a significant amount of risk, spot trading is straightforward and simple to understand. The analysis of both trading features is quite tactical. As opposed to spot trading, which only generates modest gains, future trading is riskier but offers unparalleled and enormous profits.
The risk of liquidation will be higher when you target large profits by setting high leverage on futures trading. Without high knowledge and experience, I think futures trading should be a gambling arena for traders. Of course the risk is very big because they only hope for luck without good analysis.

Adjust your leverage because when the leverage is lower, the risk will also be lower to be liquidated. But I don't like this type of trading because spot trading is more promising for me even if I have to be a bit more patient.
hero member
Activity: 1148
Merit: 518
February 24, 2023, 01:24:28 PM
#84
Spot trading could be learn through researches and a little experience unlike futures trading which has a bigger risk because one wrong decision could ruin your entire trading journey. If you want to try futures, you have to make sure that you're willing to learn every single detail about it and you are willing to invest your time learning because it's a broad and technical thing. Spot trading is the safest thing to do if ever you're just starting to build up your trading experience.
Learning never ends; it's a lifetime endeavor that requires daily self-improvement. Futures and spot trading are the two main types of trading. Before placing a trade, one should be well informed and have the necessary capital. In contrast to future trading, which is complicated and has a significant amount of risk, spot trading is straightforward and simple to understand. The analysis of both trading features is quite tactical. As opposed to spot trading, which only generates modest gains, future trading is riskier but offers unparalleled and enormous profits.
hero member
Activity: 1820
Merit: 537
February 24, 2023, 12:47:23 PM
#83
Between future and spot trading which will you opt in for. For me i think it is better to start with spot trading gradually observe how the market respond over time before moving into future trading. Both are indeed volatile and risky but i think spot which involves immediate buying and holding until price goes up to sell at a profit is more easier to start than making prediction on a price to either go up or come down on a later date.

Spot can be a nice start for newbies from what i have seen from the market so far. Since it only entails buying and holding until the asset appreciates just that it will only require patience since little or no technical skill is needed although with technical skill the trader can have more advantage over the market.
Futures trading is extremely risky, and it is not suitable for everyone, as opposed to spot trading, which even a novice with little knowledge of cryptocurrency can begin with. You will always lose money if you are not a kind person who is well-versed in cryptocurrency and skilled in technical analysis. As for me, I only tried future trading once and l lost. So I will never advise newcomers to try future trading until they have gained a great deal of knowledge. Based on the risks involved in future trading, I believe spot trading is preferable to future trading.

Spot trading could be learn through researches and a little experience unlike futures trading which has a bigger risk because one wrong decision could ruin your entire trading journey. If you want to try futures, you have to make sure that you're willing to learn every single detail about it and you are willing to invest your time learning because it's a broad and technical thing. Spot trading is the safest thing to do if ever you're just starting to build up your trading experience.
hero member
Activity: 2926
Merit: 722
February 22, 2023, 05:50:39 PM
#82
Between future and spot trading which will you opt in for. For me i think it is better to start with spot trading gradually observe how the market respond over time before moving into future trading. Both are indeed volatile and risky but i think spot which involves immediate buying and holding until price goes up to sell at a profit is more easier to start than making prediction on a price to either go up or come down on a later date.

Spot can be a nice start for newbies from what i have seen from the market so far. Since it only entails buying and holding until the asset appreciates just that it will only require patience since little or no technical skill is needed although with technical skill the trader can have more advantage over the market.
Futures trading is extremely risky, and it is not suitable for everyone, as opposed to spot trading, which even a novice with little knowledge of cryptocurrency can begin with. You will always lose money if you are not a kind person who is well-versed in cryptocurrency and skilled in technical analysis. As for me, I only tried future trading once and l lost. So I will never advise newcomers to try future trading until they have gained a great deal of knowledge. Based on the risks involved in future trading, I believe spot trading is preferable to future trading.
When you are just starting then it would never been ideal for you to deal up with futures directly.You cant really be able to handle the risk specially on higher leverage which it could possibly easily get you liquidated.Some are really just that interested because they are really that earning that much which is yes its possible but the risk in exchange is also great and high.

Build yourself to be better in spot trading before you could touch up futures but as much as possible then i wont be considering on having that switch up if ever i would find myself
to be sustainable on spot trading.Cant really just bare up the risk and i dont have much capital for me to burn on.  Cheesy
hero member
Activity: 882
Merit: 581
February 22, 2023, 03:51:00 PM
#81
Between future and spot trading which will you opt in for. For me i think it is better to start with spot trading gradually observe how the market respond over time before moving into future trading. Both are indeed volatile and risky but i think spot which involves immediate buying and holding until price goes up to sell at a profit is more easier to start than making prediction on a price to either go up or come down on a later date.

Spot can be a nice start for newbies from what i have seen from the market so far. Since it only entails buying and holding until the asset appreciates just that it will only require patience since little or no technical skill is needed although with technical skill the trader can have more advantage over the market.
Futures trading is extremely risky, and it is not suitable for everyone, as opposed to spot trading, which even a novice with little knowledge of cryptocurrency can begin with. You will always lose money if you are not a kind person who is well-versed in cryptocurrency and skilled in technical analysis. As for me, I only tried future trading once and l lost. So I will never advise newcomers to try future trading until they have gained a great deal of knowledge. Based on the risks involved in future trading, I believe spot trading is preferable to future trading.
hero member
Activity: 3220
Merit: 636
DGbet.fun - Crypto Sportsbook
February 22, 2023, 03:33:33 PM
#80
Future trading isn't for someone who's new to this market or doesn't have any necessary experience about trading. This is the easiest way for them to lose their bankroll which is more likely a food for the whales. So, I believe that future trading isn't really for everyone and it's fine if you are just a casual spot trader, risk management is necessary.
But with the trend that newbies see in the market, they think that they're at their best in the futures trading. An attempt is a good try and that's what they do.

While for some other newbies, they're attempting to do it but they're also betting with almost all that they've got which is a wrong approach to futures trading.

Good for them to experience it and that will make them known what's best for them, if it's the spot or futures. Me, I choose spot.  Cool
legendary
Activity: 2282
Merit: 2051
A Bitcoiner chooses. A slave obeys.
February 22, 2023, 02:40:42 PM
#79
Between future and spot trading which will you opt in for. For me i think it is better to start with spot trading gradually observe how the market respond over time before moving into future trading. Both are indeed volatile and risky but i think spot which involves immediate buying and holding until price goes up to sell at a profit is more easier to start than making prediction on a price to either go up or come down on a later date.

Spot can be a nice start for newbies from what i have seen from the market so far. Since it only entails buying and holding until the asset appreciates just that it will only require patience since little or no technical skill is needed although with technical skill the trader can have more advantage over the market.

future trading is a suckers bet. You will always lose because the market will always be manipulated into scaring you or liquidating you. There are a lot of laws against this kind of manipulation but secretly, every market does it. Stay away from derivatives, especially leveraged trading!

Spot trading really is the best and only option. Of course making profits is not as exciting but then again if you wanted high profits in a short amount of time you might as well go gamble. You would definitely have better luck at the blackjack table than you would with futures trading.

But to each their own. I am just giving advice as a veteran with over a decade of experience. Take my advice as you will.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
February 22, 2023, 02:33:40 PM
#78
Between future and spot trading which will you opt in for. For me i think it is better to start with spot trading gradually observe how the market respond over time before moving into future trading. Both are indeed volatile and risky but i think spot which involves immediate buying and holding until price goes up to sell at a profit is more easier to start than making prediction on a price to either go up or come down on a later date.

Spot can be a nice start for newbies from what i have seen from the market so far. Since it only entails buying and holding until the asset appreciates just that it will only require patience since little or no technical skill is needed although with technical skill the trader can have more advantage over the market.
Spot trading is good with low risks but do not have nice profits we can depend on since the risk is so minimal compared to future trading. It is very good for newbie traders to kickstart there trading from there. Spot trading is like a regular pattern of buying and holding our tokens and waiting for when it will appreciate before we sell them. This kind of trading is very dull for my liking that is why I do prefer going for future trading when I have a sure signal or after I have analyse the market and see the possible direction of the crypto market with a moderate profit to risk ratio.

Its not that it doesnt have nice profits because it would be always basing up on your lot size position or your orders which even some simple swing could really be still significant.Yes, it might not be the same with

futures but it is better and less risky and you would be able to avoid on being liquidated since you could hold up your position and thats the beauty of spot but if you do really like something which is more risky and more rewarding then futures is really the thing you are looking for.Its not recommendable for noobs out there who would tend to touch up this area, this isnt something that you could really easily be able to handle out considering the leverage then you could easily be fucked up if the price would move on huge swings which isnt shocking to happen on this market.
hero member
Activity: 1204
Merit: 545
February 22, 2023, 02:29:58 PM
#77
To earn reasonable amount of profit via spot trading that means such a trader is trading with a huge amount of funds, however using a small fund for spot trading amount to earning little profits though I will recommend spot trading for a newbie to have a feel of live trading funded with little fund because of the high risk involved in crypto trading, meanwhile after profit making is consistent such a trader must have gained some experience thereafter divert to future trading but with a reasonable leverage because trading with a high leverage will result to instant liquidation once a trade goes wrong this is the main risk of future trading though high profit is guaranteed.
Yo, let me tell you somethin, the whole "high risk, high reward" thing is legit AF in the trading world, especially with crypto, which can be more volatile than a teenager mood swings. Now, I ain't no pro, but I learned that startin with a small fund in spot tradin can be a good way to dip your toes and learn about the market's ins and outs without loosing all your cash money. But if yur tryin to hit it big, future trading is where its at, my dude. Just be careful with that leverage, tho, 'cause it can be like playin with fire. I still remember the time I got liquidated 'cause I was bein too greedy and using too much leverage. Shit was not cash money, lemme tell ya. But you live and you learn, right? Gotta have some risk management skills if you wanna make

hero member
Activity: 1022
Merit: 625
Watch&Pray.
February 22, 2023, 12:54:47 PM
#76
Between future and spot trading which will you opt in for. For me i think it is better to start with spot trading gradually observe how the market respond over time before moving into future trading. Both are indeed volatile and risky but i think spot which involves immediate buying and holding until price goes up to sell at a profit is more easier to start than making prediction on a price to either go up or come down on a later date.

Spot can be a nice start for newbies from what i have seen from the market so far. Since it only entails buying and holding until the asset appreciates just that it will only require patience since little or no technical skill is needed although with technical skill the trader can have more advantage over the market.
Spot trading is good with low risks but do not have nice profits we can depend on since the risk is so minimal compared to future trading. It is very good for newbie traders to kickstart there trading from there. Spot trading is like a regular pattern of buying and holding our tokens and waiting for when it will appreciate before we sell them. This kind of trading is very dull for my liking that is why I do prefer going for future trading when I have a sure signal or after I have analyse the market and see the possible direction of the crypto market with a moderate profit to risk ratio.
legendary
Activity: 2268
Merit: 1655
To the Moon
February 22, 2023, 08:43:24 AM
#75
Between future and spot trading which will you opt in for. For me i think it is better to start with spot trading gradually observe how the market respond over time before moving into future trading...

One thing can definitely be said that margin trading is prohibited for a beginner. So until a beginner gains the necessary knowledge and experience, he cannot switch to futures trading, otherwise he will lose his money. But in any case, you need to remember that spot trading is safer for both beginners and experienced traders.
sr. member
Activity: 1008
Merit: 366
February 20, 2023, 04:07:00 PM
#74
Trading is a serious task and it needs more market understanding and we can't just rely on luck like gambling. Hard work and constant learning should be made in order to increase our level of trade and improves the results of our trading. Of course, being a pro-trader is somewhat like to reach but this is impossible if we lack of courage and motivation, and most of all, if are not seriously dealing with this job to work well. We don't need to rush, we don't have to understand it instantly because it can happen gradually as long as we never stop trading and gaining more ideas from day-to-day experience.

Yeah, this is where getting your emotions under control comes in. If you can't fight your own desire and greed, then you can't overcome the urge to buy and sell at the wrong time. Even if you learn all the hard part, it will be no good when it comes to making the right decision when to enter the market and exit it. Courage and motivation is the right push in order to take the first step, but it would be no good if you can't control your own greed and fear. And also trading continuously will make thing hard if you are just making loses. One should learn to give it a break and focus of their mistakes to improve what they lack.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
February 20, 2023, 03:18:33 PM
#73
To earn reasonable amount of profit via spot trading that means such a trader is trading with a huge amount of funds, however using a small fund for spot trading amount to earning little profits though I will recommend spot trading for a newbie to have a feel of live trading funded with little fund because of the high risk involved in crypto trading, meanwhile after profit making is consistent such a trader must have gained some experience thereafter divert to future trading but with a reasonable leverage because trading with a high leverage will result to instant liquidation once a trade goes wrong this is the main risk of future trading though high profit is guaranteed.
sr. member
Activity: 2506
Merit: 368
February 20, 2023, 03:18:23 PM
#72
Every individual thinks differently so I think that future trading is not for everyone and its the reality that each type of trading is difficult and not everyone can get the same reward as he think about it. The worth of each and every token changes on daily basis so future trading become more risky when the price goes against someone's hopes.

Spot Trading on other hand is also risky but it evolves that ability for new customers to get advantage through buying when cost reduces and selling when costs become up. So in spot trading if users work with active mind can achieve goals but knowledge about the market is necessary.
Basically it means that knowledge and experience was necessary when trading and newbies shouldn't be partaking in both, besides they should learn their first experience on a trading demo account before they meddle in the risky volatile trading.

Future trading isn't for someone who's new to this market or doesn't have any necessary experience about trading. This is the easiest way for them to lose their bankroll which is more likely a food for the whales. So, I believe that future trading isn't really for everyone and it's fine if you are just a casual spot trader, risk management is necessary.
hero member
Activity: 1428
Merit: 653
Leading Crypto Sports Betting & Casino Platform
February 20, 2023, 01:06:35 PM
#71
No one is for newbies why because you could trade on any of it and lost your funds both are volatile...
I understand your POV on that. However when drawn in comparison, Spot trading seems easier to grasp and I believe that was the clarification OP sought.

Quote
for instance I was supposed to place a sell order of 0.00007BTC on spot trading I mistakenly placed it at 0.000007BTC and instantly it triggers and I lost all my funds without knowing it was my fault and this was my beginning stage to start trading. As then i was actually taking future trading to be the easiest, but recently after my experience with future I gat to understand is the most difficult one to deal with than spot trading.
Experience, they say, is the best teacher. You had a nasty experience there but glad that you learnt from it. Sometimes I get to find such ludicrous pending others in the trade book and instantly I conclude that such orders are from noob traders who are struggling placing orders. However, it goes to exemplify that one's loss is another's gain.

That true mate, I am on the right side with op since I have this experience from the onset though it requires adequate mentoring and consistent practice for one to be able to deal with future trading,  actually I have been admiring to venture into it but the fear to lose my funds is what making me to stay clear from it since I do over heard most of my friends crying about it.
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