š¦Ā New to crypto? Spotted āFuturesā on Binance and thought:
"Wait⦠I can make 10x gains here?"Ā š¤©
Yes, you can.
But you can also loseĀ everythingĀ ā in seconds. ā”šø
What Are Futures? š¤
Futures let you bet on a tokenās price goingĀ up or downĀ using leverage ā basically, trading with borrowed money. š°
WithĀ 10x leverage, a 1% move in the market means a 10% gainā¦
or a 10% loss. š¢
Itās fast.
Itās risky.
Itās definitelyĀ not beginner-friendly. š«
Why I Stay Away (For Now) š·
Itās not investing ā itāsĀ trading. Fast-paced & stressful. šļøšØ
One bad trade can wipe you out.Ā Liquidation is real.Ā ā ļø
It messes with your mindset. You stop learning and start gambling. š²
Iāve seen people win big⦠and lose everything even faster.
Iād rather build slowly than blow up early. šļø
Learn First, Trade Later š
Thereās nothing wrong with Futures ā but itās like driving a sports car before youāve learned to steer. šļøš
If you donāt fully understand it,Ā skip it for now.
Youāre not late.
Youāre just early ā and smart. š§ āØ