Spot trading or future trading which trading is best for beginers?

poodle63

hero member

Activity: 2702

Merit: 510

Leading Crypto Sports Betting & Casino Platform

Quote from: shawonngp on March 20, 2024, 02:56:52 PM

Newbie traders have only one option which is Spot trading, I think future trading is implemented for only pro traders It's doesn't mean newbie can not try it but it's huge risky like gambling. Because it's for such experienced traders who have depth knowledge in trading. It will be just wasting money if a newbie can start with future trading.

depends on the capability of the newbie that we are talking about if the newbie so used with dealing with all those shitcoins on chain through dexes they probably have higher toleration of the volatility and is already used to the rather speculative feature of future trading then they can take advantage of it, spot trading is good for people that just don't want to lose their money, they can wait if their coin dipping.
with future though, your losses determined from the margin, so you don't have the chance to reclaim your money if somehow in the future the price recovers back instead you just lost your money but its more fast paced that spot trading so its good for people wanting to make profit.
so it depends on the style of the trader, there are many veteran that also doesn't really want to deal with future trading because they know the risk is there, also there are some people that brave enough to do future trading, if they can afford to lose their capital, I think they gonna be fine, only need to address greed.

Lanatsa

hero member

Activity: 2968

Merit: 687

Quote from: nurilham on April 27, 2024, 04:59:06 PM

Quote from: Tomcolor on January 13, 2024, 01:09:08 PM

I don't think trading is best for a new crypto user so calling newbies here is stupid. Because new crypto users will leave the crypto market when they lose big money while trading. So beginners should practice well and push themselves to the latest level. You will get good results only when you have enough knowledge about crypto market.

It may be not best but newbies can start learning it buy using small funds. If they always ignore it, they will never know how to trade properly. The most important thing is the beginners/newbies learn as many as possible about trading when they are in the beginning of their trading journey. The newbies/beginners must be aware of the importance of knowledge. So they will focus on gaining knowledge first, they can try demo account to know the basic thing about how to trade on the exchange. If they already do it, they can start real trading with small funds. This is actually what the beginners/newbies can do if they want to be a good trader.

Anyway, it should take time to understand trading. A person won't suddenly be a professional trader. So, the newbies/beginners must learn it and do it in the right way if they want to be a real trader in the future.

It would really be always ideal that you should really be starting from small amounts rather than on making yourself that rushing up on making use of huge funds. Why?
you are still that lacking that knowledge on which its understandable that you are really that prone to tons of mistakes on which it would really be better that you should be starting something
small for the sake of testing out and making up some familiarization on the things that you are really that dealing into. You shouldnt really be hurrying up yourself on doing trading
on which you do know that you dont have that sufficient experience and knowledge.

So it would really be that recommended that you should be sticking with spot trading and never ever consider on touching up futures. Come to think that even professionals or old
timers into this market having a hard time on being profitable with futures. Its not something that it would really be recommended into a newbie.
This is why it would be better to stick with spot first before tending to go into futures.

nurilham

sr. member

Activity: 1498

Merit: 443

Quote from: Tomcolor on January 13, 2024, 01:09:08 PM

I don't think trading is best for a new crypto user so calling newbies here is stupid. Because new crypto users will leave the crypto market when they lose big money while trading. So beginners should practice well and push themselves to the latest level. You will get good results only when you have enough knowledge about crypto market.

It may be not best but newbies can start learning it buy using small funds. If they always ignore it, they will never know how to trade properly. The most important thing is the beginners/newbies learn as many as possible about trading when they are in the beginning of their trading journey. The newbies/beginners must be aware of the importance of knowledge. So they will focus on gaining knowledge first, they can try demo account to know the basic thing about how to trade on the exchange. If they already do it, they can start real trading with small funds. This is actually what the beginners/newbies can do if they want to be a good trader.

Anyway, it should take time to understand trading. A person won't suddenly be a professional trader. So, the newbies/beginners must learn it and do it in the right way if they want to be a real trader in the future.

Nazmul012

full member

Activity: 799

Merit: 100

Spot trading is better. It helps you to learn more about real experience and gather awareness in you by showing you unusual situations in trading. Which could be helpful for you later when you finally start future trading. But In my opinion, future trading is super risky among all kind of trading. A single little mistake can empty balance within short time what you can't imagine while spot trading will give you opportunity to keep learning along with your mistakes. Future trading is fine when you are so sure about it and you have capital enough to obstacles and upcoming risky challenges. Otherwise spot is okey and better for beginners

Jonyshake71

member

Activity: 372

Merit: 10

First select the best platform for trading. Then beginers need have basic education on trading otherwise they'll face many issues later. Then they need to fix a amount for start trading and of course spot trading is important. Cause others tradings might be complex and risky for beginers where money will be lost so faster. many beginers lost their money cause they go to future trading with higher leaveage. Anyone shouldn't ne so greedy while trading. Need to operate according to rules. And beginers loss money cause they panic sell if see market dump a little. This should be avoided

cryptoWODL

sr. member

Activity: 364

Merit: 308

Before doing any trading we need to know how trading works or how to trade. Both spot trading and futures trading involve risk, but less and more. Spot trading has less risk as compared to futures trading which is why beginners should try spot trading as a starting point of trading. For beginners to trading they need to have basic knowledge about trading otherwise they may face various problems later on.

We can compare future trading with gambling, future trading requires a lot of market analysis and experience in trading otherwise you will lose a lot of money. If someone on the other hand is doing spot trading, it is a little risky because while doing this trading, you will hold any coin you buy until the price increases and when the price increases, you will sell it. Basically the goal of spot trading is to buy low and sell high.

shawonngp

full member

Activity: 756

Merit: 107

Buzz App - Spin wheel, farm rewards

Newbie traders have only one option which is Spot trading, I think future trading is implemented for only pro traders It's doesn't mean newbie can not try it but it's huge risky like gambling. Because it's for such experienced traders who have depth knowledge in trading. It will be just wasting money if a newbie can start with future trading.

Fara Chan

hero member

Activity: 1302

Merit: 516

Bitcoin Casino Est. 2013

Quote from: Barikui1 on February 19, 2024, 01:52:34 AM

Spot trading and futures trading which one is best for beginners? It's best as a newbie that just came into the crypto industry and knows nothing about technical analysis should focus on spot which is just buying and selling, which I know that you cannot lose if you don't sell the asset you bought, even though it depreciate in value, but once it appreciate in value you sell at a profit, but the futures contract for a beginner is a complete no too me, because you need enough knowledge in technical analysis and risk management skill to scale through the market unscathed.

Your directions and suggestions are actually very good and precise enough to be understood by all beginners who want to enter the world of trading, because beginners also have to spend more time learning about trading. They also have to understand both trading examples so they can choose the more appropriate one for them with very little potential loss if they don't immediately sell it when the price of the crypto asset they bought depreciates.

But on the other hand, beginners should look more at risk management methods and controls before starting trading with one of the models that suits them best. Because most beginners forget to prepare themselves mentally when they have to experience losses, so they are more easily haunted by panic and ultimately sell immediately rather than using the time to hold on to wait for the price of the asset they have purchased to appreciate.

Barikui1

sr. member

Activity: 266

Merit: 205

Spot trading and futures trading which one is best for beginners? It's best as a newbie that just came into the crypto industry and knows nothing about technical analysis should focus on spot which is just buying and selling, which I know that you cannot lose if you don't sell the asset you bought, even though it depreciate in value, but once it appreciate in value you sell at a profit, but the futures contract for a beginner is a complete no too me, because you need enough knowledge in technical analysis and risk management skill to scale through the market unscathed.

Xxmodded

sr. member

Activity: 2254

Merit: 309

SOL.BIOKRIPT.COM

I don't have an ideas for beginner recommended with future trading, its too risk lack knowledge of cryptocurrency and not understand well risk from future trading have bad mentality impact for beginner. Start in sport trading first and understand well how to earn much profitable with cryptocurrency trading trough spot and know how to anticipation risk before starting with future trading.
Don't make excited your self by looking the other trader have been success in future trading because many of them hidden with how much money liquidation from future trading. Spot trading progress to earn profit is slowly but don't take risk with future trading has excited fast earn profit but bigger risk waiting for.

JeffBrad12

hero member

Activity: 2926

Merit: 533

Leading Crypto Sports Betting & Casino Platform

Quote from: Justin999 on February 18, 2024, 01:54:35 PM

Most of people will suggest spot trading for beginners but Generally speaking, spot & future trading both are risky if beginner don't know how to manage. That's why it is need to develop strategy to manage trading as well. The more your strategy is good, the more it will reduce the risk of losing. But spot trading is better to start and slowly ho ahead with experience cause future trading need higher knowledge and better understanding for Management.

the thing with spot trading if thing goes wrong we still have chance since we hold the coin, with future trading we just get liquidated and thats is, our money gone.
its suited for newbie for reasons and for expert as well its also suited since its just safer than the future trading.
i personally rarely use future because as you know im not comfortable with relying on the chart where sometime its heavily influenced by whales movement anyway.
i would never trade where the odd of losing is higher thats why i avoid future but with spot, its easy because the key of success in spot trading is simply to invest the right time and to wait
only that and we could already gain success.

Huppercase

hero member

Activity: 924

Merit: 550

Quote from: Justin999 on February 18, 2024, 01:54:35 PM

Most of people will suggest spot trading for beginners but Generally speaking, spot & future trading both are risky if beginner don't know how to manage. That's why it is need to develop strategy to manage trading as well. The more your strategy is good, the more it will reduce the risk of losing. But spot trading is better to start and slowly ho ahead with experience cause future trading need higher knowledge and better understanding for Management.

Trading is risky but what investment is in this world that is not risky except for scams, even the scams has risk because you risk getting your money taking away because of greed. You don't expect a beginner to start trading futures trading when they have no knowledge or idea how w trading works in reality. Sometimes, isn't about the knowledge or things you have learn about trading but the experience you have while putting this knowledge into good use.

seriously, I will never advice a beginner to try futures because of the underlying risk of the leverage and liquidation. In spot trading, you can take your loss for many months or even up to a year but in futures, you can't work around while trading or abandoned it for long time, unless you have high margin to cover that or perhaps your leverage is low but we know that beginners don't trade with small leverage, always 10x and 15x above that can make them lose everything.

Justin999

member

Activity: 377

Merit: 13

#SWGT PRE-SALE IS LIVE

Most of people will suggest spot trading for beginners but Generally speaking, spot & future trading both are risky if beginner don't know how to manage. That's why it is need to develop strategy to manage trading as well. The more your strategy is good, the more it will reduce the risk of losing. But spot trading is better to start and slowly ho ahead with experience cause future trading need higher knowledge and better understanding for Management.

$weetne$$

sr. member

Activity: 322

Merit: 227

Quote from: Baki202 on February 15, 2024, 03:41:53 PM

Aside from being beginners, some professionals still prefer to spot trade rather than go into futures. If you want to look at the number of people doing spot and people doing futures, you will know that people are going into spot rather than futures, maybe because it is safer than futures and people are trying to avoid a lot of risk.

It's because spot trading is safer than future trading, the lost in future trading is also too big than spot trading due to the high leverage that can be done in future trading therefore many traders are avoiding to trade through future trading and they're not asking new traders to use future when trading. Everybody loves spot trading as it's easy to know how to do it and use to make money. The professional traders were trading with spot when they started trading and this will make them to still prefer trading with spot than future. Being a beginner you don't have to risk too much money or you'll give up trading because you'll keep losing a big amount and it'll make you to lose interest in trading.

Baki202

full member

Activity: 420

Merit: 202

Quote from: the rise on February 04, 2024, 05:03:48 PM

Spot trading is better for beginners, because spot trading does not carry too much risk (depending on the coins or tokens) you buy, it is better for beginners to do spot trading by choosing the top 10 marketcap coins or tokens. You will be more relaxed, understand the market and be patient, don't forget so that you don't get greedy if you don't make a profit, if you feel you understand it completely, occasionally go to futures trading and understand it from the start

Aside from being beginners, some professionals still prefer to spot trade rather than go into futures. If you want to look at the number of people doing spot and people doing futures, you will know that people are going into spot rather than futures, maybe because it is safer than futures and people are trying to avoid a lot of risk, if not their chances to make more profit in features than spot. I love risk but am always scared of the future because most of the reviews I see are just discouraging. But with leverage provided, it is less risky, and except for someone who wants to take a large profit, then the person has to use a large amount of leverage for a large profit or get liquidated, so it is still not a bad idea to try out, but that will be after countless spot trades.

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

Obviously for beginners, it is the spot trading. But many beginners are moving forward to do futures as soon as they see it being done by the others.

The idea they have is it's easy and that's why they're trying to do it as well without having to calculate the risk that they're taking. If you want to get into trading, take each step slowly and learn.

Because the faster you want to get on it, the higher risk that you'll be taking just like those that quickly jumps to futures.

the rise

sr. member

Activity: 2324

Merit: 273

DGbet.fun - Crypto Sportsbook

Spot trading is better for beginners, because spot trading does not carry too much risk (depending on the coins or tokens) you buy, it is better for beginners to do spot trading by choosing the top 10 marketcap coins or tokens. You will be more relaxed, understand the market and be patient, don't forget so that you don't get greedy if you don't make a profit, if you feel you understand it completely, occasionally go to futures trading and understand it from the start

nurilham

sr. member

Activity: 1498

Merit: 443

Quote from: Tahid12 on February 04, 2024, 03:49:16 PM

There's no doubt that newbie must choice spot trading among Others trading option. Now a days many kind of tradings are available but it is best start with spot trading. Trading is hard to learn but spot trading is easiest than other. Don't good for other trading like, ai trading, auto trading or copy trading when you are very new in trading world. First learn yourself, face difficulties, understand market situation and then you are allow to do things according to your comfort.

Agree. A newbie ideally chooses spot trading, it is the safest place for a newbie to learn trading. Even, for average traders, it is better to focus on spot trading first. Future trading is just for experienced traders who really understand how to predict the prices. If a newbie still can't understand how to read the price charts and no idea about fundamental factors, future trading is just the way to waste money.

Yes, newbie must avoid auto trading or AI trading, this only makes them to be lazy. A newbie won't learn deeply about trading if he uses too much the technology. Moreover, there is no guarantee to take profits with AI, it even makes more difficult to get the chance for optimum profits.

Tahid12

member

Activity: 433

Merit: 13

#SWGT PRE-SALE IS LIVE

There's no doubt that newbie must choice spot trading among Others trading option. Now a days many kind of tradings are available but it is best start with spot trading. Trading is hard to learn but spot trading is easiest than other. Don't good for other trading like, ai trading, auto trading or copy trading when you are very new in trading world. First learn yourself, face difficulties, understand market situation and then you are allow to do things according to your comfort.

Dr.Osh

legendary

Activity: 2758

Merit: 1004

Buzz App - Spin wheel, farm rewards

Quote from: cakravothy on January 23, 2024, 05:28:19 AM

spot trading is clearly the safest for beginners compared to futures. because if the analysis is wrong the coin can be staked first to increase the coin while waiting for the price to rise again. future trading if the analysis is wrong it will be subject to margin call and can immediately run out of capital used for trading.

I think it's like that too. In spot trading, beginners will find it very easy to learn about analysis and research, and the risks are smaller than in future trading. Personally, I have been doing spot trading for quite a long time, but until now I still have quite difficulty making profits in future trading. Well, however, from the start, I always felt that spot trading was easier, and I think newbies will also feel the same way as the first time I traded.

Topic: Spot trading or future trading which trading is best for beginers? (Read 2139 times)