I will use about 80%(About $2000 per day.) of my funds every day to invest in cryptocurrencies.
Can you give your suggestions? For example, 20% btc futures, 20% altcoin, 60% btc spot.
And how are your funds allocated?
You have plenty to risk , but why Futures? and besides you have mentioned about being investors and just wanna enter trading , Why not focus instead in investing , i mean semi long term holding?
Buying crypto such as Bitcoin and the following 4 ranked coins will keep you safe and hold atleast a month or 2?
until you finally understand how this market goes and then full blast your trading .
- Futures trading is a very sharp knife and when we are just amateurs in the kitchen, this knife can accidentally cut into our hands, once the length and depth of the cut is too horrible, that is also the time when our assets cannot be saved, the consequences continue to be pumping more money from altcoins or bitcoin to maintain life. Almost everyone knows the future is an abyss but many still like to jump in, staying at peace with sanctuaries like bitcoin and some altcoins promise is always preferable, no matter where we sleep we don't worry about dawn tomorrow
Keep away from Future trading because you can loss all your money when put wrong position between short and long position, maybe some one said easy with future trading because have two choose short or long position, but most difficulty when open long suddenly bitcoin crash and you can get email notification with liquidity and all your fund gone, better with spot trading although price dump you got chance back when price up.