*Getting Started in the Crypto World with Spot Trading*
If you are new to crypto, it is better to start with spot trading instead of futures trading. Spot trading is safer because you buy and hold coins directly.
*Advantages of Spot Trading*
Spot trading is relatively simple. You just need to buy crypto, store it in your wallet, and wait for your investment to grow in value. You don't have to worry about complex strategies or unexpected big losses.
*Get Stable and Safe Profits*
Spot trading may not give you huge profits in a short period of time. However, you can get small steady profits, like $30-$80 per trade. This is a safer way to grow your investment.
*No Risk of Losing Your Entire Investment*
In futures trading, if the market moves against your position, you risk losing your entire investment in a short period of time. With spot trading, you directly own and control the coins. So, you do not face the risk of losing your entire investment instantly.
*Why Futures Trading Is Too Risky for Beginners*
Some influencers promote futures trading without fully explaining the risks. Here are some reasons why beginners should avoid futures trading:
*You Risk Losing Your Entire Investment*
Futures trading uses leverage, which allows you to trade with more money than you have. This can multiply your profits, but it can also multiply your losses. One small mistake can wipe out your account.
*You Need a Lot of Experience*
Futures trading is complex and requires a deep understanding of the market. If you don't have the right skills, a wrong move can cost you money.
*Very Pressing*
The crypto market changes rapidly. Futures trading requires constant monitoring, which can be stressful and overwhelming for beginners.
*The Best Way to Get Started*
If you’re new to crypto, focus on strong, reliable coins with good long-term potential. Stick with spot trading to build your portfolio slowly and safely. Once you’ve gained some experience, you can try futures trading—but only if you fully understand the risks.