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Quote from: jaberwock on February 25, 2023, 04:53:53 PM

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.

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Quote from: Hypnosis00 on February 25, 2023, 04:44:12 AM

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?

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Quote from: Zilon on February 16, 2023, 03:34:31 PM

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.

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Quote from: BRINIRHA on February 25, 2023, 01:00:02 AM

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.

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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.

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Quote from: borovichok on February 24, 2023, 01:24:28 PM

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.

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Quote from: virasisog on February 24, 2023, 12:47:23 PM

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.

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Quote from: SOKO-DEKE on February 22, 2023, 03:51:00 PM

Quote from: Zilon on February 16, 2023, 03:34:31 PM

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.

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Quote from: SOKO-DEKE on February 22, 2023, 03:51:00 PM

Quote from: Zilon on February 16, 2023, 03:34:31 PM

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

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Quote from: Zilon on February 16, 2023, 03:34:31 PM

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.

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Quote from: Oceat on February 20, 2023, 03:18:23 PM

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

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Quote from: Zilon on February 16, 2023, 03:34:31 PM

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.

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Quote from: GiftedMAN on February 22, 2023, 12:54:47 PM

Quote from: Zilon on February 16, 2023, 03:34:31 PM

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.

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Quote from: gabbie2010 on February 20, 2023, 03:18:33 PM

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

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Quote from: Zilon on February 16, 2023, 03:34:31 PM

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.

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Quote from: Zilon on February 16, 2023, 03:34:31 PM

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.

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Quote from: Kelvinid on February 19, 2023, 04:40:55 PM

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.

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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.

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Quote from: AnonBitCoiner on February 20, 2023, 09:30:19 AM

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.

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Quote from: Mpamaegbu on February 20, 2023, 07:15:18 AM

Quote from: Adbitco on February 19, 2023, 06:34:53 PM

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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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.

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Quote from: Zilon on February 16, 2023, 03:34:31 PM

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.

We can say that spot trading is good for newbies and most of us traders have started at this level before trying to step forward to Futures trading.
For me, it is not necessary we have to try Futures trading. If we are already comfortable and profitable in spot trading I think that was enough. Greediness is somewhat had urge some people to take Futures trading believing that this will give them more satisfaction and earnings. In fact, we can hear that newbies even do this despite the fact that they don't have long trading experience, knowledge, and skills...and regrets come next.

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Quote from: Zilon on February 16, 2023, 03:34:31 PM

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.

If by spot you mean long term as that is what I understand with entailing you to buy and hold the asset then I would agree with.I personally am in the long run and have bought and Staked Zilliqa coins which give me 15% applied yearly interest but I never agree with someone doing daily trading as that is the same as gambling if not worse.You have a couple of news you know that you think this x asset will increase in value and buy it only to find out that some other news predecessor that news you knew and make it old and as such you lose money.I am always pro to the option to invest your money for long term profit and from the options shown here I would agree with the spot trading.

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Quote from: Adbitco on February 19, 2023, 06:34:53 PM

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.

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Quote from: Zilon on February 16, 2023, 03:34:31 PM

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 currently have an ongoing trade on Spot that the outcome is rather moving against me for the past four days now which am making much loss by the day, of which if it were to be some other traders they would have cut the trade before now to minimize the loss, but based on my technical analysis which I rigorously did before entering the trade I am just confident that it would bounce back from a certain level am expecting it to hit. Why am I saying this, wether features or spot it all demands a good technical analysis before entering into any trade and not just patience because it's your analysis that embolden your resolute to stay patient when it's a trusted one. So both trades type still demands technical analysis and patience too.

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Quote from: KingsDen on February 19, 2023, 05:31:56 AM

Quote from: Zilon on February 16, 2023, 03:34:31 PM

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.

Future trading is a business of professionals. I think a newbie should not have much connection to Future trading. Future trading can make or mare you even a professional trader let alone a newbie. A newbie can lose out on everything if they venture into Future trading.
Future trading is risky for pros let alone a beginner. A beginner is good for spot trading and there are no much losses on spot trading especially with tools as stop losses and take profits.

If the only options a newbie is willing to consider are spot trading or futures trading then spot trading should be their choice, as they cannot really become a futures trader without having mastered spot trading.

And this is because futures trading is a more advanced and difficult way to trade, and when we add leverage to this equation a newbie could lose all their money in a single bad trade, something which will be very difficult while making a spot trade on a solid asset like bitcoin.

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Quote from: Zilon on February 16, 2023, 03:34:31 PM

(.....)
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.

If your position is a long position, then you can start with spot trading if you are new to trading or just doing some lessons or practicing. But you can also do it on futures trading with leverage but set the leverage to very small leverage.
Setting it to low leverage will help you to minimize the risk and losses. For me, it will not really matter at all if you just know how to do risk management and not be greedy.

Adbitco

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No one is for newbies why because you could trade on any of it and lost your funds both are volatile, infact as a matter of fact during my early stages with trading I lost all my funds in exchange where I was trying to trade a token listed on exchange. It was directly paired with BTC in the sense that I was not too good with satoshi calculations, 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.

Kelvinid

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win lambo...

Quote from: tjtonmoy on February 19, 2023, 02:30:48 PM

Quote from: irhact on February 19, 2023, 01:51:19 AM

I won't totally blame them because this online traders make it look easy that anybody can do it with just having the money and opening an account. You see them constantly updating proof of their profits there by making the whole thing look very easy. What people don't understand is that it's very hard than what they're advertising and if you're not careful you can get liquidated.

Future trading is the most lucrative type of trading but you shouldn't involve yourself if you don't know how to trade the spot market therefore there should always be the starting ground and when you have perfected that then you can move upwards to take higher risks.

Liquidation is the risk that many don't take in consideration or doesn't even know when they are trading future for the first time. And also they put 25-80/90x sometime without realizing how bad that could be if the market moves the opposite way.
I think first spot trade, then DCA, then future trade. If one can follow this step by step. Then they will become pro quickly. But hard work would be a must. If you make a good profit just taking a gamble on the price movement, you will never be successful in the long run, that's for sure.

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.

tjtonmoy

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Quote from: irhact on February 19, 2023, 01:51:19 AM

I won't totally blame them because this online traders make it look easy that anybody can do it with just having the money and opening an account. You see them constantly updating proof of their profits there by making the whole thing look very easy. What people don't understand is that it's very hard than what they're advertising and if you're not careful you can get liquidated.

Future trading is the most lucrative type of trading but you shouldn't involve yourself if you don't know how to trade the spot market therefore there should always be the starting ground and when you have perfected that then you can move upwards to take higher risks.

Liquidation is the risk that many don't take in consideration or doesn't even know when they are trading future for the first time. And also they put 25-80/90x sometime without realizing how bad that could be if the market moves the opposite way.
I think first spot trade, then DCA, then future trade. If one can follow this step by step. Then they will become pro quickly. But hard work would be a must. If you make a good profit just taking a gamble on the price movement, you will never be successful in the long run, that's for sure.

RealMalatesta

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Quote from: Zilon on February 16, 2023, 03:34:31 PM

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.

But, it seems that you are missing out one of the important factor of considering the real potential of a coin because holding a shitcoin could never help you in any case. For the scenario of Bitcoin, spot trading is always seeming like profitable one because you are getting second chance of holding if the market direction is not moving in your favor. But this cannot be generalized for all the coins and tokens when it coming about the spot trading.

In precise, I like to the suggest you to go editing your open-post like spot trading is easier and profitable only for highly potential coin/token because holding is profitable only for potential things and not just for every asset.

libert19

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Quote from: so98nn on February 19, 2023, 07:20:31 AM

Quote from: libert19 on February 19, 2023, 01:05:24 AM

~

You cant win the trading all the time without technical analysis.

Even technical analysis don't work all time.

Quote

For a professional trader or an individual who is willing to turn trading into their routine/passive income, TA is vital part.

I have a friend who does trading solely on news. I don't think TA is necessary for everybody. You just gotta find out what works for you and stick to it.

so98nn

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Future trading is mother of all. It has very volatile market and decisions needs to be perfect. Since the prediction window and marginal difference is really tight, it can give you huge profits in return to your prediction. However, reverse is also true and it can take down all the investment along with it, or even more if you do not sell in the right time.

However, spot is always good. You have your own time frame and its your choice whether to sell or not and its also about when to? In fact you have clear understanding of the same considering your own thoughts about it. So you are good to go for it.

Quote from: libert19 on February 19, 2023, 01:05:24 AM

I have done same thing as you mentioned, albeit unknowingly. But,

Quote from: Zilon on February 16, 2023, 03:34:31 PM

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 disagree with this point. Buying and holding some random asset don't work and you'll likely lose money. Even if you don't do technical analysis, rough research on project helps a lot.

You cant win the trading all the time without technical analysis. That would be just random profits but you cant survive on it in the market. For a professional trader or an individual who is willing to turn trading into their routine/passive income, TA is vital part. In long run it happens to eat out profit if you do not do the research about asset you are investing into.

Yamifoud

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Quote from: Zilon on February 16, 2023, 03:34:31 PM

...
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 actually suitable for newbies. And even I was in trading for many years, I was still Opt to take this rather than trying Future trading because I was already comfortable with this. It was not wrong to take Future trading but must take note the higher risk involve which could cause big losses. It is indeed we need to prepare ourselves very well if we have plan for this. We don't need to hurry, we can go over there as long as we have carried enough trading knowledge and market experience.

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Quote from: Zilon on February 16, 2023, 03:34:31 PM

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.

Future trading is a business of professionals. I think a newbie should not have much connection to Future trading. Future trading can make or mare you even a professional trader let alone a newbie. A newbie can lose out on everything if they venture into Future trading.
Future trading is risky for pros let alone a beginner. A beginner is good for spot trading and there are no much losses on spot trading especially with tools as stop losses and take profits.

irhact

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Quote from: tjtonmoy on February 18, 2023, 02:20:09 PM

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.

I won't totally blame them because this online traders make it look easy that anybody can do it with just having the money and opening an account. You see them constantly updating proof of their profits there by making the whole thing look very easy. What people don't understand is that it's very hard than what they're advertising and if you're not careful you can get liquidated.

Future trading is the most lucrative type of trading but you shouldn't involve yourself if you don't know how to trade the spot market therefore there should always be the starting ground and when you have perfected that then you can move upwards to take higher risks.

libert19

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I have done same thing as you mentioned, albeit unknowingly. But,

Quote from: Zilon on February 16, 2023, 03:34:31 PM

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 disagree with this point. Buying and holding some random asset don't work and you'll likely lose money. Even if you don't do technical analysis, rough research on project helps a lot.

Issa56

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Quote from: salad daging on February 17, 2023, 09:40:41 AM

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.

You think beginnings don't start as a future trader? You are wrong, the beginnings that really want to learn about trading and making money won't start from future, but some beginners that only care about money and don't want to learn will definitely jump into future. I have seen a group before, they claim to be training people and providing signals for people even if you are a newbie(you don't know anything about trading), and people were really joining the group, those once are just after money and they don't know their is risk in future trading, they have been brainwashed already by the people teaching them.

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Quote from: Zilon on February 16, 2023, 03:34:31 PM

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.

Me, well, I will prefer to do spot trading. I am not a high-risk taker, so spot trading is much better for me to be able to manage the risks and emotions. I have ever done Future trading in the past, but I couldn't hold it and the gave up because of the higher risks and I was not capable of this. Although the results may be much higher than the Future trading, I think the risk is also the same, high enough.

That is why whatever the choice, I suggest that it is based on our own ability, the ability for anything that can encourage us to do the best in the future or spot trading.

crzy

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Even if I already have the experience in trading, I still liquidated in the futures so I think this is not advisable to beginners because its too risky. Spot trading are advisable, you can easily control your trade without worrying about losing everything, take small steps at a time and you can be good. Learn how to trade effectively and when the right time comes, futures might be your option but again don’t do this if you knowledge and skills is still not that good.

Oneandpure

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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.

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Quote from: Zilon on February 16, 2023, 03:34:31 PM

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.

-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.

tjtonmoy

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Quote from: Zilon on February 16, 2023, 03:34:31 PM

~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.

Jody.Drummer

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Quote from: wajik-tempe on February 18, 2023, 10:31:56 AM

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.

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Quote from: un_rank on February 16, 2023, 03:42:44 PM

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.

wajik-tempe

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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

el kaka22

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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.

death69

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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.

traderethereum

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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.

Fesatmas

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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.

xSkylarx

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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.

goinmerry

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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.

2double0

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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.

South Park

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Quote from: Zilon on February 16, 2023, 03:34:31 PM

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.

Issa56

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Quote from: salad daging on February 17, 2023, 09:40:41 AM

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.

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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.

fullhdpixel

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Quote from: Cling18 on February 17, 2023, 12:03:34 PM

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.

Maestro75

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Quote from: Zilon on February 16, 2023, 03:34:31 PM

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.

Cling18

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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.

pawanjain

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Nothing lasts forever

Quote from: Zilon on February 16, 2023, 03:34:31 PM

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.

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.

michellee

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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.

MFahad

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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.

Ararbermas

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@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.

Bananington

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Quote from: Zilon on February 16, 2023, 03:34:31 PM

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.

salad daging

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Quote from: Issa56 on February 16, 2023, 11:39:46 PM

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.

jrrsparkles

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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.

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Quote from: sulendra12 on February 17, 2023, 06:49:19 AM

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.

sulendra12

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Quote from: Zilon on February 16, 2023, 03:34:31 PM

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.

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Quote from: Zilon on February 16, 2023, 03:34:31 PM

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.

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Quote from: Smack That Ace on February 16, 2023, 10:13:09 PM

Quote from: un_rank on February 16, 2023, 03:42:44 PM

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.

100% agree with what you suggest. Because of that I often give lessons to beginners who want to learn trading at my place. They must prepare minimum capital and use that capital within a certain period of time. It doesn't matter whether they will win or lose, because at the end of the session when evaluating, what I emphasize the most is what learning they can get during the process of learning to trade. That way we will know what kind of trading mentality they form.

Eternad

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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.

Getmon

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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.

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Quote from: Zilon on February 16, 2023, 03:34:31 PM

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.

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.

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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.

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So anyway, I applied as a merit source :)

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.

LogitechMouse

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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.

cryptoaddictchie

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Quote from: Zilon on February 16, 2023, 03:34:31 PM

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.

Scripture

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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.

irhact

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Quote from: Zilon on February 16, 2023, 03:34:31 PM

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.

maydna

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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.

Strongkored

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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.

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Quote from: Zilon on February 16, 2023, 03:34:31 PM

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.

Issa56

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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.

mk4

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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.

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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.

Smack That Ace

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Quote from: un_rank on February 16, 2023, 03:42:44 PM

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.

electronicash

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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.

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Quote from: Zilon on February 16, 2023, 03:34:31 PM

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.

un_rank

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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.

Quote from: Zilon on February 16, 2023, 03:34:31 PM

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 -

Zilon

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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.

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