Hey guys!
I have a question... do you think it's a good idea to invest BTC in futures now? With 3x leverage so as not to run as much liquidation risk?
Or do you think it's better to put my €100 in a wallet and wait?
Thank you for the help!
The answer to your question is very basic: if you do not know anything about futures or trading, do not enter futures trading because it is very complicated. It is better to start with spot trading first. Many newbies try futures right away and end up wrecked.
Because most newbies are stubborn, they think that their narratives are right for immediately entering the future. Investors who think of making a lot of money immediately or getting rich in a short span of time have a wrong mindset.
Trading futures has a higher risk than traditional trading. If we take the wrong position, we can be sure that the money we use for trading futures will be lost. So when we don't have much time to always monitor the exchange, don't ever trade futures. We recommend using traditional trading to be safer.