Topic: Spot trading or future trading which trading is best for beginers? - page 6. (Read 2139 times)

Yeah, true and I agree to it fully. It's not a smart move to end up start futures trading when you are a newbie, I would guess that it's going to end up with some issues. It's smarter to end up with something that would profit you whenever you have the time and that would make sense for it in the end. I know that it may not be what you want, but as long as you give your full self to spot trading then I am sure that you are going to do a lot better.

This is specially true for newbies because spot trading may or may not bring in profit but definitely would not make you lose as much as futures trading, so even if you end up with a 10% loss, do not think that futures would have been better, that would have been 100% loss.

Spot trading has many benefits for beginners, even at the expert level. In spot trading, many points are studied such as analysis, searching for information, and others. This will slowly improve the quality of the skills we have.
Meanwhile, futures are a type of trading that carries greater risk than spot trading. Maybe this type of trading looks quite easy, however, on the other hand, there are many people who do not recommend doing future trading. But the advantage is that this is an instant method. It's just that, between the two, I tend to prefer spot trading.

But just don't forget basic risk management even if you are doing spot trading. Risk management will help you to protect your capital, so you will start to use risk: reward ration (how much are you willing to risk per trade), using stop losses, and putting a target price or goal everytime you do trade. With these, it will help you to become successful trader even in spot trading.

Reaching a new level where you would end up with futures trading requires an insane amount of studying that a newbie may not be able to comprehend let alone be able to replicate it. I suggest just like many others did so far to not do both, you should hold as long as you possibly could and that would ve a greater return. This is why we should make it a different type of thing that would profit a ton and help in the end. If not, and you end up wanting to prefer something to take actions, which would be spot trading, that makes people some sort of easier approach at least, less risky than futures, riskier than holding.

Future trading can also be less risky if you use 2x to 3x leverage. The only difference I see is that in spot trading you hold the actual assets but in the future you do not. Sometimes a trade can be very wrong and you should never touch your breakeven points.

In my opinion demo trading is best for beginners. Why take unnecessary risks and try to trade like a gambler who is always unaware of the outcome? Practice with a demo account and become familiar with the market.

Yeah, futures are easier to make profits but it's also the fastest way to lose your money. Risk is the same with them? I don't think so, as you've have the risk is higher with futures and everyone knows that.

The best is to start with bitcoin investment because beginners will have their idea through it that it's not that easy to trade while they are just speculating in the market.

This is what the beginners need to understand but they can see that for themselves.

One of the things that needs to look out on which you should never ever make yourself that easily get hooked up on whatever things these influencers would really be suggesting or recommending on which no matter

how many followers they do have but its not a solid thing or indication for you to be able to decide that you should invest and make on the same act on what that person is doing. You are still the ones who would really be needing to make that final decision and not theirs since its your money at stake on there plus those influencers are really just that minding  for their own good and dont mind on whatever things happen
into their followers and this is something that you should bare in mind.If you are completely zero knowledge then it would really be just that normal that you should really start up from scratch and dont make yourself that put in a hurry on learning everything because it cant really be just that possible on this way and this would really be taking long time and tons of experiences.

Better to start with spot and this is something more simple because you arent making use of higher leverage because the higher it would be the higher the risks that you would really be needing to face
up and this isnt something newbie-friendly and this is why it would really be that better on taking up such decision.

Yes. This is it. Spot trading is always the best move for newbies. No fear of getting liquidated and will have enough time to know what's happening in the market. Some even leverage some elite traders' trading skills mostly when they go online or just imitate them from copy trading as most exchanges are now showing off every trader's trading history for everyone to see

I think most people would have the same answer in this case that spot trading is definitely better than futures trading for beginners. Future trading is mainly for professionals.  Spot trading is good for beginners.  It has less risk.  In spot trading, the investment has to be reduced, as a result, the amount of loss is also less.  In future trading, the amount of profit is as high as the amount of loss.  However, there are profit and loss in both. People have faced losses in spot trading. On the other hand, people have benefited a lot in future trading.  But spot trading will be useful for beginners I would say.

spot trading always best it needs understanding of the potential of the project also analysing the condition of market whether there's price swing that you can get profit off the margin by entrying the right time.
but honestly future trading is also okay so long you don't leverage too much, after all getting overly leveraging your asset and get margin call afterward isn't really a good thing isn't it?
i've seen some newbies got lucky ones thinking they are master of future trade and then go all in with overly high leverage just to lose.
therefore if its newbie I think spot trading is safer in my opinion at least you still can get that asset intact and can just wait it out, that if the asset itself is good.

We really need to watch out for that because many of the influencers have that mindset. Most of them reward tokens to users who follow them. That's why it's not surprising that even if an influencer promotes unpromising projects, he still has a lot of followers. Those new users who are looking for legit projects may fall victim to this because they can see that the influencer has a lot of followers, so they will think that what is being promoted is legit. That's why we should not base on followers, we have to do some research to a project before entering it.

It's the same with trading, there are influencers who forecast Bitcoin or any alts, but they don't know how to trade. So we have to watch out for that because they might send a signal that will only deplete our funds.

There are only a few and those who have the responsibility of being famous influencers
and have a lot of followers should provide projects that are really good and not scam projects.

When they share genuine and well-developed projects, it will be good for the long run and their followers will grow.
This can be a positive value.

There are many types of Influencers such as trading-focused, airdrop-focused, and investment-focused all related to crypto.
I have a list of Influencers that I follow and trust.

Now there are many new influencers who are only concerned about their own benefits.
Promoting memecoins that eventually rugpull and promoting some projects that do not develop. Have to be aware of that.

To get profits quickly, futures trading is easier to get profits, but it is the same as the risk, yes the risk of losing is very high in futures trading.
For beginners it is better to start with spot trading, because the risk is also smaller than futures trading. But it would be even better if you start on bitcoin investment, yes while waiting we can learn futures trading if we want to do it. Because if you go straight into futures trading, I can say there we can lose money in a few seconds.

In addition, there are influencers who reject projects that they want to promote because they are unpromising. Before accepting the project offer, they carefully investigate whether the project is a scam. They consider the efforts of their followers rather than the money we get from promotion in order to ensure that they are not wasted. It's gratifying to believe that influencers still prioritize the others over their own interest. Therefore, if they do it, they will undoubtedly gain more followers and projects to promote in the future. That is also true in trading, some influencers prove that they are profitable before convincing their followers to trade.

Yeah, that's the misconception that's being injected by these influencers. Well, it's just going to be a matter of time that when someone is going to sue a few of them because of misleading information that they're sharing. There's a gray area on their side but we all know that they're there for the views and profits. That's why the more interesting and favorable to what the listeners want to hear, they're telling those things so that it looks like a simple idea that they're telling to every audience that they have trading is. The bad part of it, these newbies mostly are believing them and that's why many of them tries it out and then suddenly ends up with a bad stats for their trades because info shared are incomplete.

That's completely true, but those influencers are not just looking for followers, they benefit from new people joining on their referral links and some are also endorsed by the project being promoted.

So don't buy into the nonsense of influencers who are just after your money to invest or trade in projects that have no clear development.
Words of encouragement and invitations with large profits are of course always a dialog that is always repeated so that ordinary people are interested in entering.

Trading is not seeing and hearing from others, but trading must use the science of technical and fundamental analysis and research on the coins to be traded.
Don't be tempted by nonsense promotions that will drag you into an unclear zone.

Those influencers are doing this to increase their following. They want people to feel it's simple because they only supply winning trades and not failing deals. Some of them are not profitable traders because they are unable to give PnL. Newbie traders did not realize how crucial it is; they were simply enticed by their words and jumped into trades without enough understanding, which is a significant mistake in trading because it would only result in losses. They will only discover that they are being luted and that trading is difficult when they continue to lose money.

It's a gamble, most beginners will have a hard time dealing with the market through futures trading. And they might even regret that they have tried futures trading.
There can be some of them that could see the potential of it but then, that's just it. The harder part of it is when they don't notice that they did it and they've just lost in an instant without knowing how it works.
This is truly happening in many traders because they think that it's as easy as what they are hearing from influencers or other traders that are sharing their experiences and profits from it.

Spot trading is the most basic one for beginners. At least you have a bit of control of the buying and selling position that you have set in the order book. This is truly hands down if you are planning to do day trading aside from just buy and HODL.

Futures trading is more riskier and not a good place to start for newbies as you cannot control what’s coming whether you declared long or short.

You don't really need a lot of experience to understand spot trading for the future. That's not what we learn about trading. Because there are many others who have experience in trading but do not learn from their trading strategy.

Even the basics we can understand in trading, even if you are not an expert, as long as you understand the movements in the market and know where to use the trading tools correctly, that is enough for you to get a profit. That is a big help, believe me. It's just really simple if you're a newbie: just spot first; don't jump into futures; follow what others say here.