Post
Topic
Board Altcoin Discussion
Re: Is investing in altcoin futures a good idea?
by
Sophokles
on 20/02/2024, 19:16:04 UTC

Hi guys, do you think investing in altcoin futures is a good idea? Which altcoins do you think are best for this? I appreciate all the help Smiley

Futures trading bears higher risk than spot trading when altcoin itself is a highly risky investment option an investor can pick. So by doing future trades, a trader is just leveraging their risk, though the reward can sometimes be worth it. But be aware of the risk of liquidation of your asset, which can be liquidated overnight in a volatile market like crypto. So if you are not experienced enough then you should ignore it until you get the experience. Trading in bitcoin future has lower risk but still not a financial advice.