Many people ask me whether to trade contracts or spot when it comes to cryptocurrency. I think this is not a difference in technical level, but rather a difference in personality and mindset.
Contracts are like riding a roller coaster.
The pace is fast, and the excitement is great. If the market goes your way, you can earn in a few minutes what others make in a month; if you're wrong, you might lose everything in the next second. It suits those who are quick to react and have strong pressure resistance—being able to stay calm after a loss and not getting inflated when doubling their earnings. You must be able to accept becoming rich instantly as well as facing instant loss to play contracts.
If you lose money and lose control of your emotions, and can't help but go all in on a direction, contracts will only speed up your exit.
Spot trading, on the other hand, is more like raising fish.
You watch it grow slowly every day; it may encounter storms along the way, but it won't go to zero suddenly. It suits those who are patient and have a steady mindset, who are not in a rush to double their investment today. As long as the direction is correct, you can wait for the day of harvest. Even if there’s a downturn along the way, as long as your funds are not exhausted, you still have a chance to turn things around.
I've seen many people with decent skills, but due to their unsuitable personality, they forcefully enter another track and end up losing everything.
In the crypto world, it’s not about how you want to play, but about choosing a way that can earn you money in the long run.
The market is still brewing; if you still don’t understand how to play, it’s okay. Hurry up and layout with me; I will clearly arrange your positions!
$DOGE $PEPE $CRV
