Quote from: Gaza13 on Today at 03:06:51 PM

Quote from: benalexis12 on June 22, 2024, 03:24:22 PM

It's really hard to make a profit in times like this where the market doesn't move much, especially if you're spot-based. Although if you base your profit on futures trading, the price of bitcoin is not that volatile. But you should always have an understanding of futures trading.

And if you ever do the futures trade, don't ever try to trade in other crypto's; instead, just focus on BTCUSDT so that you are at least safe, but on the spot instead of trading, hold and DCA, that's my advice.

To get the best results from the spot, of course it takes quite a long time so that the results can be maximized. What do you mean never try another trade with just Bitcoin and at least be safe? As we know, futures trading certainly has huge risks, both for beginners and experts, there is no safe word there. And you need to remember that there is no investment whose value is not too volatile or stable for that matter.

If you are just new then it would be no sense that you would really be that making up some focus about making up some futures trade rather than focusing yourself on dealing up with spot on which we know that when it comes to risks levels then there's no doubt that futures is really that could be somewhat considered to be gambling already due to that high leverage on which could easily bust up someones capital in a short period of time or when there's a huge price swings into someones entry and opposing into such position. It would really be nose sense that you would really be having that kind of consideration
on taking up such step because it is really just that way too risky on making up such decision specially when you are just that starting up.

When it comes to profitability then this is where it would really be that just that depending into someones trade on how well they do make out such decision. If you are just that new
then it would really be that understandabel about having more intensity when it comes to mistakes done in compared into those who do have that experience.