🎁=>👇🔗New📝Link🎁🎁🎁🎁👇
🤑 Word of the Day = FUTURES 🎯
👉 WODL 👈
The term "futures" in crypto refers to futures contracts, which are agreements to buy or sell an asset, like Bitcoin or Ethereum, at a predetermined price on a specific date in the future. Unlike spot markets, futures contracts don't involve immediate delivery of the asset but rather speculate on its price in the future.
In the crypto world, futures allow traders to bet on the direction of an asset's price without having to actually own it. This adds an extra level of complexity and risk but can also present profit opportunities if used correctly.
Futures contracts can be an advanced strategy for those looking to capitalize on market volatility. However, they can also be risky if the trader doesn't fully understand the potential dangers. Are you a futures trader, or do you prefer a more straightforward approach with spot trading? How do you see the role of futures in your crypto journey?
😉 Subscribe, like, and share.
Thank you!$USDC