Why is it not recommended for beginners to trade contracts?

Because many beginners do not know how to trade Bitcoin contracts,

Trading contracts for new coins can incur high funding fees when you short them, making it difficult to make a profit, with potential losses of up to 30% in a day.

No matter how much you invest, they keep falling every day.

❗ Altcoins can lead to losses whether you are going long or short for the long term...

You can only make money by identifying market trends; when they drop too much or rise too much, you should trade short-term. Altcoin contracts are suitable for short-term trading.

Only trade contracts for Bitcoin, Ethereum, XRP, and BNB; the top three cryptocurrencies are relatively better.

Spot trading also generally suffers major drops, so it’s better to focus on Bitcoin, concentrating on one coin. If you can make money with Bitcoin, use the profits to invest in a second coin.

You can also engage in grid trading with relatively stable mainstream cryptocurrencies.