What are Futures?
🌪️ They are contracts, not coins. Instead of buying a crypto and waiting for it to rise, you bet on the price movement (up or down), using borrowed money (leverage).
It's like surfing a wave with a borrowed board: if you know how, you win more; if not, you eat the ocean.
There are two main types:
Long (buy) if you think the price will go up.
Short (sell) if you think it will go down.
And all this without having the actual coin. That's why it's called the derivatives market.
💰 What is Leverage?
It allows you to invest more than you have. If you use 10x leverage with 10 USDC, you are playing as if you had 100 USDC.