#TradingTypes101
What type of trading is right for you?
Understanding the difference between Spot, Margin, and Futures trading is key to a conscious strategy.
Spot trading is the basic level where you buy cryptocurrency and own it. Ideal for beginners. You buy and hold until the price rises.
Margin trading allows you to trade with borrowed funds, increasing both potential profit and risks. It requires experience and clear risk management.
Futures trading is a more complex level where you trade contracts for the future, often with high leverage. It is ideal for short-term strategies but can lead to significant losses if not careful.
Advice for beginners: Start with spot trading. Learn the market, keep notes of your trades, and don't chase quick profits.
Personally, I most often use spot trading because it is reliable and straightforward.