Topic: If it was you - page 5. (Read 600 times)
Spot trading will be a good choice for those who are just learning about trading and for me it will always be a favorite choice, futures trades will be good if the trader has good enough experience in spot trades and also has good TA knowledge because it will be like a disaster to do futures trade without being able to do TA.
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.
Seriously, trading without technical skills and only need patience? this is the reason why many traders are always lose in trading.A newbie should avoid trading at all! spot trading or futures are risky for them because they don't understand about the coin they choose and full of greedy to make profit in everyday. They need to start why they're buying that's coin, choose a good exchange with low fees etc. Imagine a newbie choose a shitcoin where the price is 1 token worth for $0.01.
He have 1000 token or worth $10, next 3 days he making 1000 token but the price is worth for $0.004 now, so 2000 token x $0.004 is $8, he's get more token but he's actually lose.
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.
No beginner should simply touch futures — or worse, high-leverage futures. Even some people that have been in this industry for years can manage to blow up their bankrolls with bad risk management.
I still remember very well how I was shown a simple trade by my friend. very simple spot trading and very easy to understand for a beginner. of course, I'm talking about its operation on several platforms which is indeed easy. not related to analysis and technical trades that are more complicated.
for beginners spot trading will be very good than futures. the people who first saw futures trading loved it more because it was like a gamble they could win because of the expected outcome they made.
The more people will have spot trading the better as a starting trader before trying futures trading.
for beginners spot trading will be very good than futures. the people who first saw futures trading loved it more because it was like a gamble they could win because of the expected outcome they made.
The more people will have spot trading the better as a starting trader before trying futures trading.
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.
newbie or not, the spot is always the best in a bullish market. profit is not exponential xx times in every pump but it's safe as holding. to me, the spot still needs technical skills because timing when to buy is important.
just choose when you gonna go for future trading. the bear market after the bullrun like in 2022 is a good time to start futures since you can obviously see dips after every bullish movement in a bear market.
Between future and spot trading which will you opt in for.
Spot trading!Quote
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.
Observe the market and actually trade in the market are so difference. Trading with spot and future are different. Trading with small fund and with big fund are very different.If you can not get profit from Spot trading with small fund, don't do it with big fund as you will lose big.
If you can not be good with Spot trading, don't move to Future trading because you will lose fund more easily and more quickly.
Quote
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.
With Spot market, if you trade Bitcoin and have a bad position, you don't lose anything. Hold your bitcoin and wait for its recovery even it can take a few months. You will not be able to do this with Future trading. Liquidation will knock your doors and you funds will be liquidated by exchanges. 
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.
In spot trading, when you buy you are predicting the price would increase and when you do not, it is cause you are not confident it would. The difference I see, is that in spot trading, you can not profit off of a negative market.
- Jay -
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.
Is there really much of a difference?In spot trading, when you buy you are predicting the price would increase and when you do not, it is cause you are not confident it would. The difference I see, is that in spot trading, you can not profit off of a negative market.
- Jay -
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.
Jump to: