Spot trading or future trading which trading is best for beginers? - page 9.

Kelvinid

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Quote from: savetheFORUM on August 07, 2023, 12:38:11 PM

Quote from: maydna on August 02, 2023, 09:51:18 AM

I advise beginners to learn spot trading instead of futures trading because it's safer. But they must study before starting to trade, and using a demo account is highly recommended to study indicators or something else. If they are used to spot trading and can get profits as often as possible, they can try futures trading.

But futures trading is more difficult because you have to know or be able to predict where the market will go. Otherwise, you will only lose and lose the money.

An absolute beginner should never think of going for futures trading right after entering the industry, this is the easiest recipe for disaster if you ask me. I know that a lot of newbies think that they can earn a lot of money from futures trading because they see a lot of screenshots on social media groups and timelines where people are showing how much they've made with a single trade in futures trading without actually talking about the risk behind it.

A single futures trade can make a person lose all their capital if they don't have experience and don't know how to take trades with proper risk-management, so the best thing is spot market for a beginner and that too with a very small amount at the initial stage until they learn everything.

They'd rather choose the first step first (spot trading) before making another step (futures trading). Both had with corresponds risks but Futures is too risky which I'd see that newbies are not capable of doing it. A reason why the majority are suggesting Spot Trading as their base of learning before making a decision to take Future Trading. It is what we called preparation and it was very important in trading and also, it helps us to determine if we can really perform our tasks very well.

savetheFORUM

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Quote from: maydna on August 02, 2023, 09:51:18 AM

I advise beginners to learn spot trading instead of futures trading because it's safer. But they must study before starting to trade, and using a demo account is highly recommended to study indicators or something else. If they are used to spot trading and can get profits as often as possible, they can try futures trading.

But futures trading is more difficult because you have to know or be able to predict where the market will go. Otherwise, you will only lose and lose the money.

An absolute beginner should never think of going for futures trading right after entering the industry, this is the easiest recipe for disaster if you ask me. I know that a lot of newbies think that they can earn a lot of money from futures trading because they see a lot of screenshots on social media groups and timelines where people are showing how much they've made with a single trade in futures trading without actually talking about the risk behind it.

A single futures trade can make a person lose all their capital if they don't have experience and don't know how to take trades with proper risk-management, so the best thing is spot market for a beginner and that too with a very small amount at the initial stage until they learn everything.

Woodie

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Generally trading is pretty much the same regardless of type i.e spot trading, futures trading, perpetual you name it, if you know how to trade you can conquer all.

But in this case, Spot trading is definitely the easier of the two especially that you can trade on the basis of what you see is what you get, and the fact that the execution options are straightforward to understand and assets are those that we know... Spot trading is your go to here.

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I mean newcomers could always try out both, it doesn't necessarily requires you to invest massively when it comes to these two, well maybe spot in some cases does require tremendous amount of investment.
but then again if newcomers are so curious they should try both, and sees whichever they sees fits. but the thing is that, sometimes beginner lucky really hit in this case when dealing with futures.
sometimes some newbie win it big in their first try and so fixated on the future trading which might instead incur losses in the long term.
but of course there's also chance that the newbie are just gonna be really great at future maybe they truly excels at reading the chart and make some analysis.

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Quote from: GreatArkansas on May 14, 2023, 08:25:34 PM

I advise you to begin with spot trading if you are new to trading cryptocurrencies. Most newbies I believe started from spot trading, just like me, a few years ago.

Even Op themselve mentioned it in the article that spot trading is preferable for newcomers, I do not even understand anymore the reason for the question.

Quote from: Akc22 on May 14, 2023, 08:16:42 PM

Spot trading entails buying and promoting assets at the cutting-edge marketplace rate, and it's miles generally considered less unstable than futures buying and selling. It is a great alternative for novices who are simply starting out in trading and want to get a feel for the marketplace. However, spot trading can also be volatile, and fees can differ swiftly, so traders want a good way to manipulate their threat correctly.

Even myself as an old hand, I have never tried future trading. It is not because I cannot, but it is because I see it as a gambling and that is why I haven't tried it out. I do not know whether there are more explanations to it. If there is I'll be willing to learn.

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Quote from: Altryist on August 06, 2023, 12:39:56 PM

Quote from: Nrcewker on August 06, 2023, 11:19:14 AM

Both types of tradings have their own benefits and disadvantages. If you aim for profits at the starting of your trading care, then I am afraid that you won’t make it long. If you are a beginner then in order to understand trading, spot trading will be the best option. It’s easier to understand and you just need to buy and sell the coins at perfect time. When you make good profits from spot trading and have some confidence on yourself, then only go for future training. A trader who has done spot trading can easily do future tradings, but the reverse is not possible.

Spot trading is also not a very easy task, a beginner can buy some kind of coin and after that a long fall will follow, without proper experience, in the end, he can sell and fix losses. At the very beginning, everything should start with the choice of a coin, and the beginner will need to decide what he wants, choosing a high volatility coin can bring both a good increase and a significant fall, so spot trading also contains very significant dangers, but it will definitely be more understandable than futures.

of the two, the most important thing to pay attention to is knowledge, without sufficient knowledge it will create big risks. just like we buy without knowing the characteristics, if altcoins will certainly have greater volatility then if after buying and there is a big decline, so what should we do, it is a difficult decision for most people if they don't have enough knowledge, maybe we hold on to it or take a cut loss, and of course to take that step we have to have a reason

Bananington

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Quote from: Nrcewker on August 06, 2023, 11:19:14 AM

Both types of tradings have their own benefits and disadvantages. If you aim for profits at the starting of your trading care, then I am afraid that you won’t make it long. If you are a beginner then in order to understand trading, spot trading will be the best option. It’s easier to understand and you just need to buy and sell the coins at perfect time. When you make good profits from spot trading and have some confidence on yourself, then only go for future training. A trader who has done spot trading can easily do future tradings, but the reverse is not possible.

The name alone should make a beginner think twice. Spot has to do with on the instant trade. It's not risky nor will there be much considerable loss like it's counterpart, future trading.
As futuristic as the name implies, a good trader knows that it is only a good understanding of how the market moves at certain times of the day, week, month, year. Whale signal alerts has to be gathered as well as other news and policies that might influence the movement of the market.
How can a beginner begin to gain from trading when this knowledge is missing or it's still being made a sense out of?

The reverse is obviously not possible for futures trading, that's why a beginner needs to understand how trading works and also try demo trading platforms and spot trading firstly, before any other form of future trading is tried out.

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Quote from: Nrcewker on August 06, 2023, 11:19:14 AM

Both types of tradings have their own benefits and disadvantages. If you aim for profits at the starting of your trading care, then I am afraid that you won’t make it long. If you are a beginner then in order to understand trading, spot trading will be the best option. It’s easier to understand and you just need to buy and sell the coins at perfect time. When you make good profits from spot trading and have some confidence on yourself, then only go for future training. A trader who has done spot trading can easily do future tradings, but the reverse is not possible.

Spot trading is also not a very easy task, a beginner can buy some kind of coin and after that a long fall will follow, without proper experience, in the end, he can sell and fix losses. At the very beginning, everything should start with the choice of a coin, and the beginner will need to decide what he wants, choosing a high volatility coin can bring both a good increase and a significant fall, so spot trading also contains very significant dangers, but it will definitely be more understandable than futures.

Nrcewker

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Both types of tradings have their own benefits and disadvantages. If you aim for profits at the starting of your trading care, then I am afraid that you won’t make it long. If you are a beginner then in order to understand trading, spot trading will be the best option. It’s easier to understand and you just need to buy and sell the coins at perfect time. When you make good profits from spot trading and have some confidence on yourself, then only go for future training. A trader who has done spot trading can easily do future tradings, but the reverse is not possible.

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Quote from: Silberman on August 05, 2023, 11:10:14 PM

Quote from: AmoreJaz on August 05, 2023, 06:09:02 PM

Quote from: Issa56 on August 05, 2023, 06:01:50 PM

Quote from: Jocuserious on August 03, 2023, 12:54:56 PM

Totally trading not a good ways for beginers. New investors get too excited to dive into the trading market which results in money losses at home. Newbies don't understand trading so they take losses while trading quickly. So invest early to replace advanced strategy at dip price and do your research.

Maybe you don't really understand what the Op is trying to say, we all know that trading is kind of risky but the Op is comparing spot trading with future trading, but if beginners are trying to trade, its better they go into spot trading, any beginner that want to start trading should just start with spot trading, even some professional traders are scared of future trading, they prefer to trade on spot. Future trading is highly profitable, but the risk is associted with it is really high, you can lose everything you have been working for within a very short period of time, but spot is kind of safe compare to future trading.

you can easily get liquidated in futures if you don't know what you are doing. the best for beginners is spot trading. use small amount of money first to try your hands on this. also, better go for btc first and other top alts, while you are learning the ropes. there's too much to learn in spot trading before you can go to futures. once you are comfortable with your trading skills, you can start exploring your chances in futures. but start with top alts as much as possible. new alts usually has short lifespan, which is very risky to do.

Even a seasoned veteran can be absolutely destroyed if they make a single mistake when trading futures, so not only it should be a requirement to be an experimented trader but that person needs to also work exclusively as futures traders, if they want to work doing something else and they also want to trade on the side this is not going to work as futures trading requires their full attention, still many people decide to ignore our advice and trade in this way anyway, and soon enough they find themselves regretting their decision.

Just imagine those future traders who are being liquidated with an ridiculous amount of money because of a suden crash or sudden pump by the market. Those traders won't surely did some research and charted it but yeah, we can't tell what might happen on a crypto market. It's not that predictable but the chance of you identifying on where would the price go can increase. Future is a risky way of trading and even those who are earning good in trading recommend people to just stay away from futures trading because of it's nature. Imagine those newbies who has zero to little experience, their trading career can end as soo as they expect.

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Quote from: AmoreJaz on August 05, 2023, 06:09:02 PM

Quote from: Issa56 on August 05, 2023, 06:01:50 PM

Quote from: Jocuserious on August 03, 2023, 12:54:56 PM

Totally trading not a good ways for beginers. New investors get too excited to dive into the trading market which results in money losses at home. Newbies don't understand trading so they take losses while trading quickly. So invest early to replace advanced strategy at dip price and do your research.

Maybe you don't really understand what the Op is trying to say, we all know that trading is kind of risky but the Op is comparing spot trading with future trading, but if beginners are trying to trade, its better they go into spot trading, any beginner that want to start trading should just start with spot trading, even some professional traders are scared of future trading, they prefer to trade on spot. Future trading is highly profitable, but the risk is associted with it is really high, you can lose everything you have been working for within a very short period of time, but spot is kind of safe compare to future trading.

you can easily get liquidated in futures if you don't know what you are doing. the best for beginners is spot trading. use small amount of money first to try your hands on this. also, better go for btc first and other top alts, while you are learning the ropes. there's too much to learn in spot trading before you can go to futures. once you are comfortable with your trading skills, you can start exploring your chances in futures. but start with top alts as much as possible. new alts usually has short lifespan, which is very risky to do.

Even a seasoned veteran can be absolutely destroyed if they make a single mistake when trading futures, so not only it should be a requirement to be an experimented trader but that person needs to also work exclusively as futures traders, if they want to work doing something else and they also want to trade on the side this is not going to work as futures trading requires their full attention, still many people decide to ignore our advice and trade in this way anyway, and soon enough they find themselves regretting their decision.

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Quote from: Issa56 on August 05, 2023, 06:01:50 PM

Quote from: Jocuserious on August 03, 2023, 12:54:56 PM

Totally trading not a good ways for beginers. New investors get too excited to dive into the trading market which results in money losses at home. Newbies don't understand trading so they take losses while trading quickly. So invest early to replace advanced strategy at dip price and do your research.

Maybe you don't really understand what the Op is trying to say, we all know that trading is kind of risky but the Op is comparing spot trading with future trading, but if beginners are trying to trade, its better they go into spot trading, any beginner that want to start trading should just start with spot trading, even some professional traders are scared of future trading, they prefer to trade on spot. Future trading is highly profitable, but the risk is associted with it is really high, you can lose everything you have been working for within a very short period of time, but spot is kind of safe compare to future trading.

you can easily get liquidated in futures if you don't know what you are doing. the best for beginners is spot trading. use small amount of money first to try your hands on this. also, better go for btc first and other top alts, while you are learning the ropes. there's too much to learn in spot trading before you can go to futures. once you are comfortable with your trading skills, you can start exploring your chances in futures. but start with top alts as much as possible. new alts usually has short lifespan, which is very risky to do.

Issa56

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Quote from: Jocuserious on August 03, 2023, 12:54:56 PM

Totally trading not a good ways for beginers. New investors get too excited to dive into the trading market which results in money losses at home. Newbies don't understand trading so they take losses while trading quickly. So invest early to replace advanced strategy at dip price and do your research.

Maybe you don't really understand what the Op is trying to say, we all know that trading is kind of risky but the Op is comparing spot trading with future trading, but if beginners are trying to trade, its better they go into spot trading, any beginner that want to start trading should just start with spot trading, even some professional traders are scared of future trading, they prefer to trade on spot. Future trading is highly profitable, but the risk is associted with it is really high, you can lose everything you have been working for within a very short period of time, but spot is kind of safe compare to future trading.

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OP, you seemed to be asking question in your thread topic with this "Spot trading or future trading which trading is best for beginers (sic)?" but you went ahead to give an expository in the body of your first comment. That's conflicting. Anyway, that said.

I think every newbie trader should stick to spot trading and then grow from that conservative experience they will get from it. It's greed which often arises from the instant profit made (when it goes well, anyway) from future trading that entices amateur traders into futures trading. Traders should learn the logic behind "slow and steady win the race' and not instant gratification by hastily doing what they aren't conversant with and getting their fingers burnt

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Spot trading only would be great choice for beginners even for Pro user. Futures are great with leverage and profit but those are risky businesses. Personally, Im loving candlestick and then my instagram is full of trading indicator and trading signals both of them give a huge profit result from futures but hey those are marketing if they can made a dozen of profit from that why sell indicator hahaha

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Quote from: Rupok on August 04, 2023, 09:37:14 AM

Trading is very risky for beginners. Although both spot trading and futures trading have their individual advantages, it is only for experienced individuals. I don't think futures trading is good for beginners. Because futures trading is risky. If any of the newbies are interested in trading then I think spot trading would be good for them. Future trading can be more complicated and volatile than spot trading, and the fear of losing money in futures trading is greater. And one needs to be more experienced to understand future trading which is not possible for beginners. A small mistake in future trading can result in huge losses. But he does not have to face huge losses even if he takes a wrong entry for spot coins.

I consider futures trading a form of gambling because it is based on speculation about future asset prices. I don't know about binance but I learned that if anyone is interested can check Kucoin for trading crypto futures. People who trade future have a 90% tolerance for the risks in the market besides they have many years of experience. Beginners should not worry about futures but rather should focus on spot trading which is average profit and low risk.

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Quote from: Rupok on August 04, 2023, 09:37:14 AM

Trading is very risky for beginners. Although both spot trading and futures trading have their individual advantages, it is only for experienced individuals. I don't think futures trading is good for beginners. Because futures trading is risky...

The main task for a beginner is to learn not to lose money on the spot market. And this is a really difficult task, as many people have lost several deposits to achieve it. And only when this goal is achieved, it will be possible to start futures trading.

Taskford

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Quote from: Jocuserious on August 03, 2023, 12:54:56 PM

Totally trading not a good ways for beginers. New investors get too excited to dive into the trading market which results in money losses at home. Newbies don't understand trading so they take losses while trading quickly. So invest early to replace advanced strategy at dip price and do your research.

How they could learn trading if they don't try it? Everyone start as a beginners so they just need to practice to learn a skill about it. Although we know trading is do risky for newbies but if they are careful on what they are trading then they can be on profit or can minimize their losses. For early stage much better if they participate on trading better they select spot since they have a ability to recover back since they can just hold their bought alts and wait for perfect time when price recover.

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Trading is very risky for beginners. Although both spot trading and futures trading have their individual advantages, it is only for experienced individuals. I don't think futures trading is good for beginners. Because futures trading is risky. If any of the newbies are interested in trading then I think spot trading would be good for them. Future trading can be more complicated and volatile than spot trading, and the fear of losing money in futures trading is greater. And one needs to be more experienced to understand future trading which is not possible for beginners. A small mistake in future trading can result in huge losses. But he does not have to face huge losses even if he takes a wrong entry for spot coins.

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Quote from: Akc22 on May 14, 2023, 08:16:42 PM

Both spot buying and selling and futures trading have their personal benefits and downsides, and it ultimately depends at the individual trader's desires, threat tolerance, and trading style.

Spot trading entails buying and promoting assets at the cutting-edge marketplace rate, and it's miles generally considered less unstable than futures buying and selling. It is a great alternative for novices who are simply starting out in trading and want to get a feel for the marketplace. However, spot trading can also be volatile, and fees can differ swiftly, so traders want a good way to manipulate their threat correctly.

Futures buying and selling, however, includes buying and selling contracts that promise to deliver an asset at a destiny date at a predetermined fee. It allows buyers to take positions on the course of an asset's price movement with out definitely owning the underlying asset. Futures trading can be extra complicated and unstable than spot trading, and it calls for more understanding and revel in. Futures buying and selling can be appropriate for buyers who have a better threat tolerance and are looking for greater superior trading techniques.

Definitely spot trading imo

Topic: Spot trading or future trading which trading is best for beginers? - page 9. (Read 2139 times)