Post
Topic
Board Trading Discussion
Re: For beginners which trading option is best and which platform and why?
by
Rebisco
on 22/11/2020, 14:27:57 UTC
I also suggest spot trading for beginners and do not yet try margin trading because of the high risks, if you cannot make money in spot trading then how you will make money in margin trading? It is about experienced, I also suggest others before they put real money better to try paper trading first in Etoro wherein you can practice trading with limited cryptocurrencies like BTC, ETH , XRP, LTC and many more. You will only lose your first investment if you quickly put money wherein you are not yet know how to execute a certain trade.
That is right, we should master spot trading first before we move on in margin trading. There are a lot of information that we should learn first before transferring our funds into our margin funds. I tried  to make investment in margin because of my greed I think where I lose a lot of money because I made investment where my knowledge is still not enough. So the result is obvious where I lose all of my funds but it is ok for me because serves as knowledge for me. Binance is good especially in spot trading so I also suggest it. I do not have any account in Etoro so I do not know the features inside on it.