Spot trading is considered safe, because if the deal goes against the trader, he does not lose money until he sells at a loss.
That is, in which case the trader turns into a holder and waits. And the wait can be unbearable and very long. Of course, you can do DCA, but even here no one gives a guarantee of a positive result and even more so a quick rebound in price.
It is psychologically difficult if the entire deposit is in coins. Every morning, opening the exchange with hope only to spoil your mood, because everything is red there and the deposit inevitably melts. And imagine that trading is the only source of income for such a person? Maybe he physically cannot earn otherwise.
In one of my posts, I already wrote that it is better to focus on short deals with 3-5% profit to reduce the likelihood of drawdowns and getting stuck.
Today I came to the conclusion that you should also trade only good tokens with history and fundamentals like $BTC , $ETH , $ADA . They have a large community, so the probability of a price rebound is higher if the deal goes against us.
Green candles to all, friends!
