Futures and spot – let's figure out what each is for
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Many beginners on Binance encounter these terms – spot and futures. At first glance, everything looks similar. But as soon as you try it – the feeling is completely different.
Today I will briefly and clearly explain the difference, the risks, and where to be more careful.
🟢 What is spot?
This is the basic level. You simply buy the coin, and it appears in your wallet. It's as simple as that.
Today ARPA is trading at 0.0237 USDT, and for many it looks like 'well, it's time to buy'. But let's not rush — the market doesn't like haste.
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📉 What is visible on the chart?
The price is holding around 0.0225–0.023, and so far this zone looks like support. If it doesn't break down, we could see a bounce back to 0.0265, and then — to 0.028–0.03, if volume kicks in. But for now, these levels are like a light at the end of the tunnel.
I thought I was taking off. But it turned out — it was the wind, not wings.
After the explosive post with 11.7k views, I seem to have flown into a shadow ban. Yesterday's post gained a record 7 views😶🌫️
The first reaction — shock. So, everything I write is not interesting to anyone? Maybe it really is 'posts for kids', as one commentator wrote... Disappointment in myself hit me instantly. I honestly wasn't ready for it.
👀 There are three things you can watch endlessly: water, fire… and candles. Especially if they whisper: "the market is turning now".
Yes, they are not alive — but sometimes they behave like children on sugar: noisy, chaotic, and most importantly — honest. 📌 After all, the psychology of the crowd is hidden in the candles. Real psychology. Patterns are like the market's facial expressions. Sometimes it smiles, sometimes it gets angry, and sometimes it trolls you personally.
🕯 Candle Language: How Not to Be Afraid of the Chart and Understand What's Happening
If you opened the chart and saw a bunch of green and red 'sticks' — congratulations, you are already familiar with candles. It's not scary. I'll explain what is what.
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📌 What is a candle anyway?
Each candle represents everything that happened to the price over a specific time interval.
For example, 1 candle on the 15m chart shows what happened to the price over 15 minutes.
Me and the chart. We are not relatives, but I am in the process 🙂
At first, it seems simple: the chart goes up — so the price is rising. Down — it's falling. Well, logical.
But when you start digging deeper — it feels like you're looking at chaos, not the price.
Personally, I had a feeling that this was a cardiogram before a heart attack 🙂
Gradually, I started to notice: especially much became clear after several purchases during moments of volatility (that's when the price jumps sharply up and down).
Honestly? There are no miracle pills. No words, no mantras, no techniques 'once and for all'. Because everyone has their own story. Their own fear. Their own experience, through which they once acquired this fear.
This is especially noticeable when a person first enters Binance. Even if they understand something, tension is read in their eyes: “What if I do something wrong and lose everything — without even understanding how?”
I’ve had an interest in crypto for a long time. However, along with this interest came fear. There’s a sea of information — you can just drown. And there wasn’t a single person nearby who could explain: where is the 'entry' and from which side to approach. Everything seemed complicated, tangled, somehow not mine.