#现货与合约策略

Spot trading is the 'physical trading' in the crypto world, pursuing value growth through the direct buying and selling of real assets, with strategies leaning towards long-term holding and swing trading. The primary risk comes from market volatility; contract trading is the 'leveraged future gamble', engaging in high-multiplicity speculation by predicting price direction. Strategies include trend following, arbitrage, and options combinations, with risks geometrically escalating due to leverage and the rapidly changing market. The two types embody the investment and speculative attributes of cryptocurrencies, together constructing a complex ecosystem of digital finance, where the investor's choice is essentially the ultimate decision between risk preference and trading philosophy.