Spot trading refers to the trading method of buying or selling assets immediately at the current market price. In the cryptocurrency field, spot trading typically occurs on exchanges, allowing users to purchase or sell target cryptocurrencies directly using fiat currency or other cryptocurrencies.

My overall view on spot trading is positive, but I also emphasize the need for caution and a thorough understanding of its characteristics:

Positive aspects:

* Direct Ownership: The most direct advantage of spot trading is that the assets you purchase truly exist, and you have control over these assets (usually in the exchange or your own wallet). This is different from derivative trading (such as futures or contracts), where you are trading contracts of the asset rather than the actual asset.

* Relatively Controllable Risk: Compared to high-leverage derivative trading, the potential losses of spot trading are typically limited to your invested principal amount. Of course, a drop in asset prices can still lead to losses, but extreme situations like liquidation are unlikely (unless you use low-leverage options provided by the exchange, which requires caution).

* Suitable for Long-Term Investment: For investors who are optimistic about the long-term value of certain cryptocurrencies, spot trading is an ideal way to accumulate and hold these assets. By holding for the long term, investors can benefit from the rise in asset prices.

* Relatively Simple Operation: Compared to the complexities of derivative trading, the operational process of spot trading is usually simpler and more intuitive, making it easier for novice investors to understand and accept.

* No Need to Worry About Expiry Delivery

I believe that spot trading is an important way to participate in the cryptocurrency market, especially suitable for those who wish to directly hold assets, make long-term investments, and have a relatively low risk tolerance. However, investors must fully understand market risks before engaging in spot trading, choose reputable trading platforms, and formulate reasonable trading strategies based on their financial situation and investment goals. For novice investors, it is advisable to start with a small amount of capital, gradually learn, and accumulate experience.