SPOT vs. FUTURES on Binance: The "Secret" That Defines Whether You Will MAKE MONEY or Lose It ALL in 24HR
You enter Binance and see two main options for trading cryptocurrencies: Spot Trading and Futures Trading (with leverage). Many beginners, attracted by the promise of x10, x50, or x100 gains, jump straight into Futures without understanding the difference. š£ This is one of the MISTAKES that can quickly lead you to lose all your money.
THE PROBLEM: Choosing the wrong type of trading for your level of experience and risk management is like going to a Formula 1 race on a scooter. Disaster is IMMINENT!