#TradingTypes101
– Know Your Trade!
Before diving deep into crypto trading, it’s crucial to understand the types of trading available on platforms like #Binance. Here’s a quick breakdown:
🔸 Spot Trading – Simple buy/sell. You own the asset immediately. Great for beginners.
🔸 Margin Trading – Trade with borrowed funds for higher potential gains but also higher risk.
🔸 Futures Trading – Speculate on price movements without owning the asset. Powerful tool for hedging, but not for the faint of heart!
🧠 When do I use them?
I use Spot for long-term holds and low-risk entries.
Margin when I’m confident in a short-term move and need extra leverage.
Futures for quick plays, especially during high volatility – but only with proper risk management.
🔥 Beginner Tips:
1. Master Spot first – understand market orders, risk, and portfolio management.
2. Avoid high leverage early on.
3. Never trade more than you can afford to lose.
4. Use stop-losses religiously.
💬 What type of trading do you prefer and why? Let’s share and learn from each other!