I have experienced on both kind of trading between spot and future, I can sleep well with my order filled in spot trading but around night never comfortable when sleeping if still have open or active order on future trading. You can imagine what happen with future and spot trading and actually which one most safety kinds of trading.
Many people or trader want to be richest person as soon possible and their alternative is future trading, but not think how bigger risk with future trading with our fund loss all when wrong predicting or not in the right moment with short or long position opening. Spot trading possibility earn profit although with small percentage than future trading but never loss our capital yet if consistency keep holding.
Topic: If it was you - page 3. (Read 581 times)
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.
There's always a good advantage when you do deal up with spot.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.
-You wont liquidated
-You could always opt to hold your position
-You could have the chance of breaking even when trend changes
-Volatility wont really be as severe as futures
When you are still a noob and dont have much capital to start off then sticking with spot would be the best shot.Dont make yourself in a rush on making huge profits
on high leverage if you dont see yourself to be that good on trading.This isnt recommended specially for those newbie traders out there.
You would really be finding yourself on big trouble on this case.
~snip~
People try to make quick money and in an easy way. So the first thing comes to their mind is future trade. Those who have no patience will always choose future trade. But the best approach in trading is to start from spot trading. Future trade has a high risk and most newbie ignores it and put their all in future trade without any proper knowledge about it in the first place. I was no different when I was a newbie, too. Now I know, I should have started from spot trading. And also avoid alts. Focus mainly on Bitcoin. 
Both types of trading have their advantages and risks. Spot trading is generally considered more accessible and easier to understand, making it a good starting point for beginners. It also involves less complexity and lower transaction costs. Future trading, on the other hand, requires more knowledge and experience, as it involves predicting the future price movements of an asset.
Spot trading is still the best option for beginners
True, especially spot trading becomes less risky than other trades. I do not at all recommend for beginners to directly trade futures, for example, because apart from that, the risks are very large, futures also require our readiness to lose money in a very short time. For those with experience, it might be easier to get profits through futures, but for beginners who have minimal knowledge of futures, it can make it easier for them to lose money in an instant. So it's better to do spot trading if we want to start something new with minimal knowledge. Spot trading is still the best option for beginners
Both have their pros and cons, and frankly I would not recommend a newbie to be trading at all, not until they can decide on their own which approach is best for them.
- Jay -
hey mate, when you say you'll not advice a new bie to trade, I think you should also state what you'll have them do instead of trading to avoid being misunderstood. To the newbies seeing this, it's okay to trade, until you've mastered the act of trading you'll still be a newbie so all you should do is, ensure to get a wide knowledge about trading and when you're ready to start, please start small. - Jay -
Both types of trading have their advantages and risks. Spot trading is generally considered more accessible and easier to understand, making it a good starting point for beginners. It also involves less complexity and lower transaction costs. Future trading, on the other hand, requires more knowledge and experience, as it involves predicting the future price movements of an asset.
Spot trading is still the best option for beginners
Spot trading is still the best option for beginners
You should not bother about volatility as one of the risky factor if you decide to trade cryptocurrencies. Instead, you should find methods to overcome against all risk factors to make profits which also should be in consistent manner. This way spot trading should be suitable for many beginners. If volatility is the big concern then you should opt for holding by leaving off trading completely.
Without volatility you cannot enjoy trading even you manage to make little money. Trading is enjoyable and profitable for the right traders who know how to ride on volatile market. Like I mentioned before, if you cannot handle volatility then choose holding and enjoy profits in long run.
Without volatility you cannot enjoy trading even you manage to make little money. Trading is enjoyable and profitable for the right traders who know how to ride on volatile market. Like I mentioned before, if you cannot handle volatility then choose holding and enjoy profits in long run.
As a pro trader myself, I gotta say that spot tradin is the bee's knees for newbies in the game. It's state forward and delivers quick resulsts. Basicaly, spot tradin allows you to buy assets at the current market price and hold onto them until the price goes up before sellin them for a tidy profitt. It may not be as exciting as futures tradin, where you gotta predict future prices and deal with more risck, but hey, it's less complicated. That bein said, havin technical skills can give you an edge in the market, so don't sleep on learnin technical analysis to help you make smarter trades and increase your profitz. From my own experiance, masterin technical analysis has been the key to my succes. Ultimately, whether you should go for spot or futures tradin depends on your risk tolerance, investment goals, and market know-how. Make sure to weigh the pros and cons of both options before choosing your tradin strategy.
We have to learn about risk management in trading so that in trading, be it spot or futures, you won't experience too many losses.
But spot trading is suitable for beginners because they only need to buy, hold and sell when the price goes up and they don't need to worry about what if the price changes direction.
If they can hold their coin if it goes down, they can sell their coin when the price goes up.
But most beginners can't hold on much longer and will panic when the price goes down.
But spot trading is suitable for beginners because they only need to buy, hold and sell when the price goes up and they don't need to worry about what if the price changes direction.
If they can hold their coin if it goes down, they can sell their coin when the price goes up.
But most beginners can't hold on much longer and will panic when the price goes down.
I personally prefer spot trading over others, because I also realize that trading like futures will involve a greater risk, even though we will also be able to get profits in a short time. For beginners I would prefer to start with spot trading, they can learn from there if they want to start another trade, such as futures. In spot trading, they can train their minds to see the market situation, slowly they learn everything that exists in the cryptocurrency space.
I just remember before that futures trading is not that famous; most you'll see in exchange is only spot trading, in which you just set a specific price to sell at or you can sell it immediately, and the only way to earn is when you buy at a low price and sell it at a high price, which unlike futures, you can profit both sides. Both have pros and cons, which I also don't have a problem with as we can get profit from them, and mostly both of them are what I am using, but for sure now a days, most new traders prefer futures as they can both trade in both ways.
Spot trading should only always the start. How can someone even understand the concepts of Future Trading if don't know how spot trading works. Even professionals and experienced traders losing that much in Futures and that tells us how risky Future Trading is.
Eventually, newbies will come to the point that they are now ready to face the risk in Future Trading. That's the start of stepping up into new challengers. After learning both Spot and Futures, that's time traders will now choose what's their preferred trading.
Eventually, newbies will come to the point that they are now ready to face the risk in Future Trading. That's the start of stepping up into new challengers. After learning both Spot and Futures, that's time traders will now choose what's their preferred trading.
There are options too if you are not comfortable with both, but as you have said, everything in trading consists of risks and you must understand risk:reward management before considering to trade futures or options against spot. Spot can teach you how to trade, while futures is shaky and can make you think that you are not made for these markets 'if you consistently lose'. So practice in spot and then consider going for futures or options.
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.
For newbies their progression should be from lower risk to higher risk and from longer time frames to shorter time frames, so at first newbies should just invest and hold their coins, then they could move to DCA and finally to buying the dip, once they have mastered all of that then they could become swing traders and finally day traders, now progression to the next phase should not be mandatory and they could just remain at whatever stage they feel the most comfortable, so starting their journey with either spot trading or future trading is a mistake in my opinion. 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.
It's the same, often when I have assets on the spot, I'm transferred to futures trading because I'm always curious afterward, but the reality is that I always lose and my funds are drained, so I'm really not good at fast market movements while on the spot, I can be more relaxed looking at the graph.
If you keep on losing money in future, then It will be better you go back to spot trading. Maybe it's because of the high profit that's in future trading, some people get addicted to future I don't really know why, even if they are losing money, they won't give up. Most people lose money easily on future because they are looking for high profit, they always ended over laveraging there trade and incase if the trade goes against them, they easily get liquidated, if you are trading future, make sure you are always using low laverage to trade, don't be greedy. legendary
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Spot trading is relatively easy and the only way for newbies to dive into trading, futures trading is the advanced type of trading and it is reserved for professionals, those who have mastered the act of trading, though i understand that many newbies still dive into futures trading without proper knowledge of how things work, what they are doing is just gambling, not trading, anybody trading futures should first and for most how to trade the spot market, and if possible, start futures trading by first going through a demo account, trade a demo account for some months, use it to learn all that there is to futures trading before you start trading with real money.
This is how to really get prepaid to becoming a good and professional trader.
This is how to really get prepaid to becoming a good and professional trader.
Both can be good ways to make a profit but of course with enough understanding and trading skills. For me, it's better to start with spot trading before doing the future. It will be a big risk to try futures without knowing how to do spot trading. I must say that futures aren't ideal for beginners and it will take time to fully understand it. If you don't want to have big losses in the beginning, stick to spot trading first.
I think we all started with spot trading because this was the basics of all trading. Futures and other types of trading are like the advance variations of it so they are only suitable for the advanced and professional traders due to the risk that entails on them but usually if there are more risks, the reward is also high and that is why many beginners are attracted and want's to begin with them.They are like the equivalent of those newbies who want to invest on those hype/sh8t coins because they want to get rich quickly. Investing isn't bad though but as long as you start with the coin which are also suitable for the beginners i.e Bitcoin.
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.
You have said it all and that is the general thinking of traders with modest mindset. Only greedy people who are started out newly rush into Futures type of trading because of what gains they heard it gives. Spot is a little less risky but it does not give the type of profit or loss Futures give which can be traded both ways of buy and sell with your chosen risk level through leveraging. Futures trading requires enough trade practice unlike Spot.
Both can be good ways to make a profit but of course with enough understanding and trading skills. For me, it's better to start with spot trading before doing the future. It will be a big risk to try futures without knowing how to do spot trading. I must say that futures aren't ideal for beginners and it will take time to fully understand it. If you don't want to have big losses in the beginning, stick to spot trading first.
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 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.
I know how much attractive futures trading can be when you start trading but once you get into it, only then you find out it's dark side.
It feels good when you invest a small amount yet see good amount of profits using a higher leverage.
The reality kicks in when the market goes against you and you start losing your money rapidly.
You save your positions by adding more funds to the trade but at one point you eventually give up and the funds are liquidated.
This happens many times to many people and the only solution to futures trading is to use a stop loss every time you trade.
I have learnt my lesson and stay away from futures. I stick to spot trading and enjoy lower profits with a peace of mind.
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