Here are the most critical key points for futures trading in cryptocurrency, boiled down to the essentials:
Risk Management is Non-Negotiable
Limit each trade to 1-2% of your capital and always use a stop-loss to cap losses. Over-leveraging (e.g., 50x+) can wipe you out in one bad move.
Master Technical Analysis
Learn to read charts (support/resistance, moving averages) to time entries and exits. Without this, you’re gambling, not trading.
Start Small and Practice
Use a demo account first and trade with tiny amounts of real money until you’re consistent. Experience beats theory.
Stay Disciplined
Stick to a strategy and avoid emotional trades (FOMO, revenge). A plan keeps you from blowing up your account.
These are the bedrock principles.