#TradingTypes101
I am just starting in the crypto world and for now I only do simple operations: buy low and sell when it goes up a bit. Nothing complicated, but I still had to learn about the different types of trading that exist.
💱 Spot is the one I use the most. You buy and sell the crypto directly, without leveraging. It's simple, ideal for learning without taking on big risks.
💸 I have read about margin trading, where you can borrow to operate with more capital. Sounds good, but also risky... for now, I'll pass.
📉 And futures are another level. You bet on whether the price will go up or down. It's more technical and I don't feel ready yet.
📌 My advice for others who are starting:
Don’t rush. Start with spot.
Trade with what you are willing to lose.
Watch tutorials, read, and ask. You learn more by sharing.
I am on several platforms, not just Binance, and each one has its own style. But in the end, the important thing is to take it easy and understand what you are doing.
💬 And you? Which type of trading do you use the most? How did you start?