Quote from: Wawa2013 on Today at 10:34:13 AM

Quote from: ethereumhunter on Today at 09:11:56 AM

Quote from: justdimin on September 30, 2021, 08:11:29 PM

Quote from: ethereumhunter on September 30, 2021, 01:53:57 PM

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Not everyone could have a great future in trading. I am a bad trader and I have been around for nearly 9 years very soon, so I could easily say that it is not for me. It requires a few things, you do need to be "smart" but smart comes in all shapes and forms, a very good author that wrote a book that sold tens of millions of copies may fail horribly in trading while a trader that turned 100 bucks into a million dollars in a month may not be able to put two sentences together.

However you do need to be smart about trading, your brain needs to be wired correctly for that specific thing. This is what people are missing in the crypto trading world when they are telling people to be patient and they can learn to trade. I did everything I should do and it is just boring and I get fed up and do silly stuff. I am a great investor I believe, I just buy and ... do nothing and for some reason people think that is hard but it did made me a good profit to do nothing, yet trading is not for me.

I agree with that and that is why I suggest people try spot trading than future trading, especially if they are new to trading. They need to familiarize themselves with all market situations because they will see that the movement will not be the same every day. I am not a good trader like you and I prefer to buy and wait because that method has worked good for me.

By learning more about trading, we can become smart to see the chance to select the coin and buy at the right time. Every crypto trader will find their way to improve their skills and they will know how to trade better but that is only if they want to learn more. And we will have our time to make a big profit in the future.

Spot trading is perfect for beginners who have just joined the crypto world, because spot trading is just buying at a low price and selling it at
a high price, the risk is also very small. In contrast to futures trading, which can use leverage, which is faster to get big profits. But the risk of
futures trading is very high, we can experience very large losses. Even I who have more than 5 years of crypto trading, when trying futures trading
often experience large losses. Because futures trading is only suitable for people who do have good analytical skills and have learned a lot of things
in the crypto world. If we are still often wrong in predicting market price movements, we should just focus on spot trading.

Indeed. With spot trading, they will not be in a hurry unless they panic because of reading the bad news out there and think that the coin can get the impact. If they can accept the risk of futures trading, they can use that but still, futures trading needs more than spot trading.

In spot trading, we can also experience losses but as long as we can calm down, we will see a chance to make a profit. but in futures trading, once we lose, we are lost and it is hard to recover the losses if the market is not back increasing and we are at the right time to enter the market.