The first thing before you start entering the crypto market is to know what you want and how much you're willing to risk. You have 3 main types of trading.
Spot trading, margin trading, and futures contracts.
Spot Trading — the king of safety and simplicity.
✅ You are actually buying the currency and controlling it 100% in your wallet.
✅ No loans, no interest, no legality issues.
✅ No leverage means you won't suddenly find your money gone while you sleep.
✅ The best option for long-term investment or even if you want to buy and sell normally.
🔸 The only risk is if the currency's price drops... but the currency is in your pocket, there's no such thing as being forced to zero out your account.
Margin Trading looks good in theory... but tastes bitter.
⚠️ You borrow money to increase the size of the trade.
⚠️ If the market goes against you, not only do you lose your money... but they might liquidate your position and take the collateral as well.
⚠️ Trading in it usually involves interest (usury), which makes this type of trading "haram" according to most opinions.
⚠️ You need to understand the market 100% or else the result will be a heavy loss.
🔸 Many people think they will win quickly... but in reality, most who enter margin trading end up with significant losses or a wiped-out account.
Futures Trading — a gamble.
⚠️ There is no actual purchase of the currency; these are contracts based on future prices.
⚠️ You can enter with high leverage (10x, 20x, 50x, and sometimes more depending on the currency and platform), which can lead to your account being wiped out in a minute.
⚠️ Trading in it also has significant usury implications, making it fall into the circle of prohibitions or haram.
⚠️ The risks are massive; if you don't have high experience, it's best to stay away from it completely.
🔸 The percentage of people losing in Futures is very high... it's not as easy as it seems in TikTok videos.
So, what should I use?
Personally, I always advise my followers:
✅ Keep 100% of your work in spot trading.
✅ You can hold the currency and sell it whenever you want, preserving the legitimacy of your trading and allowing you to sleep comfortably.
❌ Stay away from margin and futures contracts... even if you're a professional, be aware that the legal and financial risks are very high.
The most important thing is to preserve your capital before thinking about profit.
Spot trading is the cleanest, simplest, and safest way, and it's enough that there is no usury or amplified risk. Margin and futures contracts may seem tempting... but in the end, "greed will lead you to ruin."
A tip from your brother: take it slow and build your strategy on spot trading. The market is there, and continuous profits await those with patience.
And this is just an analysis and opinion, not financial advice 👻😊
