Spot: Slow cooking porridge; Futures: Stir-frying on high heat
Spot is slow cooking, choosing the right cryptocurrency is like picking good ingredients, investing steadily while stocking up, adding more fuel during a bear market, and keeping the lid on tight during a bull market. The core principle is to hold on, regardless of the fluctuating flames, until it reaches the right flavor.
Futures are stir-frying, with urgent heat and rapid action, making it easy for beginners to burn the pot. Even experienced traders should use less ingredients (small position), closely monitor the timing (take profit and stop loss), and turn off the heat at the first sign of smoke, rather than waiting for the pot to explode before running away.
Don't use the pot for stewing meat to stir-fry; consider spot as the main dish, while futures are at most a sprinkle of chili powder for flavor. Mixing up the primary and secondary can easily lead to a kitchen disaster.
Keep them separate: treat spot as ballast and futures as pocket money for speculation; distinguishing the primary from the secondary helps avoid accidents.