A futures trade of 100 USDT with 100x leverage is like a spot trade of 10,000 USDT! š² However, with futures trading, if the token's value drops by just 1%, you could lose all your 100 USDT. š®
In futures trading, if you have 9,000 USDT and the token's value drops by 90%, you will lose everything. š¤ The bigger the price drop, the more stress and regret you might feel. š You have to accept the loss if you want to close the trade.
In spot trading, your tokens still have value no matter how much the price drops. Your profit depends on the token's price, but your coins always hold some value. š
Futures trading can trap you in stressful situations, while spot trading gives you control over your coins and emotions. The price of your coins will either go up or down from where you bought them.
In both futures and spot trading, having 100 USDT in a 10,000 USDT account is essentially the same. š§
Success and wealth aren't just about how much money you make; it's about how happy you feel with your progress over time. š„° If you have 100 USDT, success is about being content with what you earn as time goes by.
Ultimately, it's about managing your feelings. True success comes from being satisfied with your journey. š
$BTC is on fire.š„ššø 112K is coming in hot.šøāŗļø šø TP2 and TP3 are smashed with profits āŗļøšø I see you riding the wave if you caught my call! š Letās keep winning! š #Bitcoin
šš„ Beginner Mistakes I Made (So You Donāt Have To)
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š” Real stories from early trading days. Share yoursāsomeone out there needs to hear it. I bought $SHIB at the top because of TikTok hypeā¦" Learned the hard way. Hype ā timing.I thought leverage trading was easy..." Now Iām back on demo mode, licking my wounds.I chased green candles without understanding the projectā¦" Now I research before I ape in. I ignored stop-losses because I was āsureā it would bounce." It didnāt. Lesson learned.I followed random Twitter calls without doing my own analysis." It cost me more than moneyāit cost me confidence. I put all my funds into one coin, thinking Iād get rich overnight." Diversification exists for a reason. I kept revenge trading after a loss to āwin it back.ā" Spoiler: it just made things worse. I didnāt manage my emotionsāFOMO and panic ruled my trades." Now I focus on discipline, not dopamine.I ignored fundamentals and only looked at hype." Then I held a bag no one talks about anymore.I thought demo trading was boring and jumped into real trades too fast." Wish I practiced more first. š¬ Whatās YOUR biggest mistake in crypto?