#TradeStories
After joining crypto and trading in spot and futures for sometime realised futures trading is not for me. spot trading has far more safety as compared to futures trading. futures trading has turned out to be full of many losses that turning them back to profit had become totally destructive in terms of more losses.
Futures trading not only requires investment but a completely different psychology. when to enter the market and when to leave at nearly exact spots and points in market is extremely important. keeping greed in check in even more important. and not to let the losses turn you into making more losses are really important for futures trading. think lack this psychological strength. At the same time don't believe in signals. all end up almost 50/50. which makes their signals more like a guess work.
at last I ended up investing in spot trading. this is relatively secure. if properly researched one can easily pinpoint crypto currencies with strong foundations. strong fundamentals, strong team working behind and strong projects that the team is working on; are the few of the most important aspects that must be looked into before investing in crypto.
so my trade lesson says don't go for futures trading and invest accumulate as much in spot as possible. For spot at present found $SOLV as the wonderful crypto currency that can turn 50x in next bull run.
note: please do your own research before investing.
