#SpotVSFuturesStrategy
Many new traders do not know the difference between spot trading and futures trading. Spot trading means you buy the asset directly and own it in your wallet, for example, you buy Bitcoin and transfer it to your private wallet. On the other hand, futures contracts are contracts based on predicting price movements, without actually owning the asset, and are often used with leverage.
🔸 Spot trading is relatively safe and less risky, but it does not offer the same potential for large quick profits. Futures contracts, however, are a double-edged sword: you can make significant profits quickly, but losses can be severe if you do not have a clear plan.
✨ Therefore, it is important to know your strategy and determine what suits you based on your experience and the level of risk you are willing to take.
#SpotVSFuturesStrategy
⸻$BTC