🔍 #TradingTypes101 : What type of trading is right for you?
Before diving headfirst into the crypto world, understanding how the different types of trading work is KEY to not jumping in without knowing if there's water 💧
📌 Spot trading
It's the simplest. You buy or sell at the current market price and that's it. No complications. Ideal if you're just starting or want to hold without getting complicated.
📌 Margin trading
Here you use "leverage," meaning you trade with more money than you have. It can amplify your profits... but also your losses. Use it only if you already have experience and a cool head.
📌 Futures trading
You play at predicting the future price (up or down). It has more tools and complexity. It can also yield good returns, but if you don't know what you're doing... it can wipe you out in seconds.
🧠 Tips for beginners:
• Always start with spot, understand the market.
• Don't use leverage if you don't know how to manage risk.
• Try on demo or with a little until you get the hang of it.
• It's not a race. In crypto, surviving is worth more than winning quickly.
🎯 And you? What type of trading do you use the most and why? I'm listening 👇