Quote from: cryptoWODL on February 01, 2024, 07:17:21 AM

Quote from: cute nmp on January 12, 2024, 08:40:03 PM

Spot trading will be more ideal for beginner traders since it is much more profitable and more safer since one is still pretty new to the market ,On the other hand Future trading requires lots of knowledge and skills before one can become profitable it also involves lots of losses unlike spot so for Beginners spot trading will be the best choice.

Spot trading is suitable for beginners as compared to futures trading. Because there is a lot of risk involved in futures trading not everyone can profit from futures trading rather more people fall into losses. Futures trading requires a lot of experience and market analysis that beginners may not understand at first. For which their future trading is very risky.

But beginners can easily do spot trading if they want because there is less risk involved. Beginners should start spot trading by buying a coin at a low price and selling it when the price rises. Many new traders continue their spot trading this way.