Tuesday Dec. 17 - Bitcoin is retracing rapidly from around the $6,950 price mark to below $6,600 in the past few hours.
BTC is showing a loss of nearly 5% for the day.
However, the contract trading users can get more profits if they judge the right direction?What do you think about contract trading,is it the best way to speculation???
It highly depends on where you are more comfortable and familiar. It may happen that a certain trader is more comfortable analyzing daily price charts rather than weekly or monthly charts, and vice versa. Speculations could be done within short or long time frames. Some traders are even more comfortable with scalping. So it's up to you really.
But either way, there is really no guarantee that choosing contract trading over spot trading or leverage trading or whatever forms of trading will earn profit instead of loss. Although if the price of BTC is at the bottom I guess it is when contract trading is at its safest or best position if you speculate a higher price in the next several months.