I would choose spot trading over futures trading because futures trading can be risky than spot trading. In spot trading, we only need to buy at a low price and hold it for a while or until the price can go up high and then we sell to make a profit. As long as we hold the coin, even if the price continues to decrease, we will not see a loss even though our investment will decrease in value. But we have the opportunity to see the price high again after the price gets a reversal, especially if the price can get a pump.
But in futures trading, if you don't buy at a low price when the price continues to decrease, your trading position may get liquidated and you will lose. Even if we immediately close our trades when the price decreases, it will make us suffer losses. So before you start trading, you should think about the risks you will take and if you are not prepared to risk those losses, then maybe spot trading is for you.
Topic: If it was you - page 4. (Read 579 times)
Both spot trading as well as future trading is risky and I thing that as compared to future trading spot trading is good option because on price prediction method no one can get profit as no one knows about it all of the individuals just make predictions.
In my opinion I just think that for each and every thing a person must have experience and knowledge without it they cannot achieve their desired objectives. For the newbies they should utilize minimum worth of cash and put it into spot trading rather than future trading as future trading can become a cause of one's failure.
In my opinion I just think that for each and every thing a person must have experience and knowledge without it they cannot achieve their desired objectives. For the newbies they should utilize minimum worth of cash and put it into spot trading rather than future trading as future trading can become a cause of one's failure.
@op it's always a good decision to choose which is basic and less risky so that you can learn a lot and of course at the same time you can get more experience gradually..so don't be hasty and focus on spot then if you see your self ready for making masive profits and to take the risk on futures trading then it's all up to you. Not now, where in make a good decision for it.
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 think the choice will be determined by how the person has come to learn trading. For someone who learnt trading from a teacher, he may be influenced by the kind of trading that their teacher does and is more comfortable with. If you learn trading from a futures trader, you will have your interest in futures trading and not spots trading, but learning trading from a spot trader, Spot trading will be your interest, except for some cases where the teacher is very good with both spots and futures, and encourages you to start from spot trading because of the experience they have. 
It's extremely risky for beginners to begin trading with futures. When I first began trading, I only knew spot trading, but as time passed, I discovered future trading. I gave it a try and noticed there was money in future trading even with a small capital, so I began trading futures. I wasted all the money I deposited in my futures account, I moved all the money I had in my spot account to my future account, and I wasted it as well. As a newbie always avoid future's, spot trading is less risky compare to future, in spot trading you can easily hold your coin incase it dump, but you can easily get liquidated in future trading.
The risk is higher than futures trading than spot because we know all beginners come as spot trading because it will be a start for at the time of purchase he can hold until he finds the best price to sell while futures trading we must be able to have the skills to analyze market movements at any time so right now I'm more comfortable in spot than futures trading.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.
Newbie or veteran the spot trading is best cause its safe and less risky compared to futures, once you made enough profits and now you're in a stage to lose some money then go for futures or margins incase if you want to take advantage of your technical analytic skills along with your luck.
For a complete beginner in cryptocurrency space just don't start trading until you learn about everything and get some knowledge with demo account.
For a complete beginner in cryptocurrency space just don't start trading until you learn about everything and get some knowledge with demo account.
I'd go spot trading, even though you do have the experience and know the stuff on trading it doesn't mean you have to do future trading for bigger profit.
But if you got the experience and know about the breakout/breakdown levels then why not ? I'd say go 80/20 on spot and futures respectively. Yeah I understand that futures trading is risky but it is extremely rewarding as well. Speaking from my own expirience, just have a sl in mind (never change it once set) and avoid futures on the news based days/events (like cpi data, fomc meetings, etc.) and you should be just fine. Just gotta learn to control greed in any type of trading. 
Between future and spot trading which will you opt in for.
I'd go spot trading, even though you do have the experience and know the stuff on trading it doesn't mean you have to do future trading for bigger profit. I don't think if you want at least be "safe" with your money, then you should stick with spot trading to learn. The possibility of spot trading is endless and the profit you could get depends on how you perform, so stay away with future if you don't know what to do. 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 think it could be followed like you suggested for newbies but believe me any body going into trading is going in for the money and not just to hodl a coin perpetually and this is the challenge of newbies because the experience they will have won't want them to keep hodling but they will want futures without proper knowledge of the market.
Anyway, if someone can keep differently some capital to risk in futures buying and selling at the same time then it could be fine to learn that directly, do some demo practice and start trading with very low risk and have some real life experience with it.
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.
Even if you have been a market participant for a long time and you have never entered a trade, when you enter a trade, you are still a novice because you have no knowledge of trading.
Newbies can still enter the trade, we all used to be newbies and to gain experience, we need experience. I support newbies in trading as long as they are passionate and willing to accept losses to learn. As a newbie, when starting to trade, you should start with the smallest amount of capital to limit risks because what we are aiming for is not profit but knowledge and experience.
Spot is less risky because it doesn’t have any liquidation limit and only paper loss you can get when shit happened to your trade. Futures trading on the hand is an extremely risky option even for pro traders because volatility is high which will always hit the liquidation limit when you setup the opposite position.
Spot trading is the best overall. Futures trading is only advisable when trading low volatility asset so that your risk of hitting liquidation will lessen.
Spot trading is the best overall. Futures trading is only advisable when trading low volatility asset so that your risk of hitting liquidation will lessen.
In contrast to spot trading, where we can safely withdraw our coins to our own personal cold wallets and sell them when the price is high enough. Futures trading does not allow us to perform a long-term hedge. But to avoid losing all of their capital, individuals new to crypto currency trading should only begin spot trading. Because it is too risky, futures trading is best for traders with extensive charting expertise. And even if they only have a small amount of capital to trade, futures trading can be profitable which is the positive side of it.
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 is safer than futures. 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.
Even if I'll become more experienced in spot, I'm decided to just stay to where I am. I don't want to take more risk with futures because I know that I can be boiled there on an instant.
Spot is for everybody, newbies and oldies, we can all stay there but I know that those who have tried to get into futures. If they fail, they can always be back into the spot and learn and gain more experience from there.
I think if you have a skill level that is appropriate with the market that you are trying to trade on, that’s where you would be successful. So if you are experienced with margin and futures trading then definitely it’s best if you do it in trade in that. If not, and if you are just starting out definitely spot market would be the ideal one for you since it wouldn’t be as brutal if you make a mistake.
I know a lot of people who have lost a lot of money because of futures trading.
I know a lot of people who have lost a lot of money because of futures trading.
Futures is a gamble, anything other than spot is gamble, so you can decide now which one is EV+ and which is one is not.
I would disagree that spot is for newbies. Nope, spot is the only trading where you don't actually lose money but only end up converting the crypto to another crypto which remains in your control. It is the only method for long term hold.
Those who want to gamble with their money, feel free to do so but that does not mean spot is in any way inferior to others.
I would disagree that spot is for newbies. Nope, spot is the only trading where you don't actually lose money but only end up converting the crypto to another crypto which remains in your control. It is the only method for long term hold.
Those who want to gamble with their money, feel free to do so but that does not mean spot is in any way inferior to others.
A very subjective question and we have different answers for that.
Futures trading isn't for newbies out there because they might get liquidated in just one trade especially when they used a high leverage. What's good with Binance though is that, the maximum amount of leverage that you can use if you just registered into their platform is 20x. I had registered an account a few months ago and I can't use more than 20x until next month. I guess this is their way to at least minimize the risk, but overall, futures trading is very risky, and I don't recommend it for newbies.
Spot trading is more of a safer way of trading. Safer = less profit. Futures trading is very risky, but it gives way more profits than that of spot trading. I guess what's important in trading is that, you always set a stop loss because anything can happen with crypto. We've seen Bitcoin pumped days ago so the shorts for sure got liquidated because of it.
As for me, I'd go trade with futures trading because I already experienced trading in spot trading.
Futures trading isn't for newbies out there because they might get liquidated in just one trade especially when they used a high leverage. What's good with Binance though is that, the maximum amount of leverage that you can use if you just registered into their platform is 20x. I had registered an account a few months ago and I can't use more than 20x until next month. I guess this is their way to at least minimize the risk, but overall, futures trading is very risky, and I don't recommend it for newbies.
Spot trading is more of a safer way of trading. Safer = less profit. Futures trading is very risky, but it gives way more profits than that of spot trading. I guess what's important in trading is that, you always set a stop loss because anything can happen with crypto. We've seen Bitcoin pumped days ago so the shorts for sure got liquidated because of it.
As for me, I'd go trade with futures trading because I already experienced trading in spot trading.
Between future and spot trading which will you opt in for.
No questions spot trading. The only direction or concept youll think is youll gain if the market goes up and youll lose if the market goes down. Its easy, and the only parameter youll think is how good your token being watch here. While on future you can gain in both directions but predicting the market is somehow bit different and risky. Some might be good at profiting on this but required a lot of skills and knowledge. Not really sure if those parameters they are using work on their end cause market is unpredictable anyways. To be safe spot trading especially for newbies out there.
Futures are not for beginners, it takes a lot of analysis before you succeed on this option or else you are doing is wrong by just guessing.
If you are going to trade as a beginner, its advisable to go for spot option where you can set-up your position based on your analysis and based on your strategy.
Both have their own pros and cons, but if you want to be more safe and to lessen the risk of losing, you'll go for spot trading.
If you are going to trade as a beginner, its advisable to go for spot option where you can set-up your position based on your analysis and based on your strategy.
Both have their own pros and cons, but if you want to be more safe and to lessen the risk of losing, you'll go for spot trading.
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 prefer spot trading to any other other type of trading available in the market, with spot trading I own control of my assets as I can buy the coin, transfer it to my personal wallet and not having to depend on the exchange to guide my investment for me. Spot trading also gives you the privileges of holding onto your coins for a longer period of time exceeding your initial target when buying that particular coin.
Spot trading is less risky than other forms of trading and can be easily understood if you pick interest in wanting to learn then begin practicing what you just learnt to make money. There's also the advantages of having many coins available for you to research on and trade compared to other types of trading as not all coins are available for leverage trading etc.
If I were a beginner, I would probably choose spot trading over futures trading as it is riskier, and I still have a lot to learn about trading. And if I feel I can follow price movements and start to be able to analyze properly, I will try to follow future trades but with very little capital. But futures trading offers greater returns than spot trading, and that's what many novice traders try to get into.
I try future and spot trades at once if the price moves well. Sometimes, the profits I get from futures trading are greater than those on spot trading, making me learn to analyze better.
I try future and spot trades at once if the price moves well. Sometimes, the profits I get from futures trading are greater than those on spot trading, making me learn to analyze better.
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