Quote from: AmoreJaz on March 06, 2024, 09:29:24 PM

If you are a newbie in this market, better not to go to futures yet. Be familiar with spot trading first and learn the ropes of crypto trading. It is quite to easy to liquidate your position if you don't know what you are getting into.

What newbies use to do on exchanges first is to know how they can be able to convert from stable coins like USDT or USCC to unstable coins like bitcoin and vice versa and that is spot trading. So no matter what, newbies would have likely know spot trading. You are not wrong by saying that liquidation is common to traders, but read what I also posted below.

Quote from: Hallroom on Today at 02:51:47 AM

Futures trade is very risky as this is where you can face losses the most. I've had zero liquidation on futures trades many times, so it's best to keep your bitcoins in a wallet. Because you can reap the benefits risk-free. Current Bitcoin prices are on the rise so having a wallet in your wallet is the safest and most profitable.

Future trading is very risky, but not as risky as it seems that spot trading. The risk that many traders face is because they are not having g good strategy for risk management and they prefer to go for leverage. Newbies are often tempted to use 10x or more leverage. I remember when I started to trade futures, I prefer to use 125x for bitcoin but which is greediness and foolishness, unlike now that I just go for 1x leverw and. If a trader is using averaging and also not using more than 2x leverage, it is better.