Post
Topic
Board Altcoin Discussion
Re: Is investing in altcoin futures a good idea?
by
_BlackStar
on 20/02/2024, 22:09:08 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
Value your money and don't waste it - don't be greedy. The best investment is when you invest in products that have lower risk - that's not futures. You may hear that futures can give you multiple profits due to leverage - but you forget that the risk of futures is very large. Instead of futures - just invest in spot especially in altcoin that have good potential in the long term, of course it is just an option that has relatively low risk compared to futures.

Don't be attracted by high leverage like you see everywhere. What you see may or may not be right - but they have a better risk tolerance than you. But here's the thing - if you have the budget, of course you can try it instead of listening to this advice. You will be experienced because of it and it is best for your crypto journey.