Quote from: fikrett on November 15, 2024, 11:24:38 AM

Quote from: CageMabok on November 15, 2024, 10:46:17 AM

Quote from: fikrett on November 15, 2024, 08:47:59 AM

Yep, futures are a grave for many out there with such volatility going in.
Only with the money you are willing to spend, just like with the spot, you can enter a position, but I wouldn't risk it due to what's going to happen is pretty much uncertain besides the rally growing stronger day by day.

Because there is always a rally in the market that is getting stronger day by day, it has caused most traders to have a strong mentality in order to be able to continue to survive in the market with whatever trading capital they choose themselves. In futures all funds can be lost if they are hit by the liquidation price, while in spot every fund or asset that has been purchased can still remain if it has not been sold at a certain price or bought at a certain price. So in terms of choice and strategy, whatever it is, it is always up to yourself to determine it because it is also the first step that every trader must think about.

In conclusion - think and analyze first, and act second.
That way, the market will have fewer chances to punish you.

Easy to say but it would really be that so hard to do on which on the moment that you do deal up with trading specially on a market on which it is really that very volatile and unpredictable then there's no way that you could be able to handle it out on very easy way on which it will really be having those chances or tendency that you do really end up on having those kind of possibility that you might be ending up on losing that big time.
As for trading competions then it will really be that not easy yet we do know that the ones who are joining with these competitions are to those traders who do have some good skills on which they can be able to generate profits in a short span of time on which simply means that there's that difference when it comes to overall skills and knowledge.

Come to think of that even professional traders wont really be that able to avoid loses but what matter the most is on how you will really be able to handle up yourself into this unpredictable world of trading in crypto space. If you arent that good on handling your emotions then you will really be that prone into tons of mistakes and errors on which it will really be causing up that losing money.

Somehow it wont really be that bad on trying out to make yourself having that kind of perseverance on joining up this contest so that you will be able to enhance your skills even more
and you are really that being inspired to be trading up much more better because you do know that this will be beneficial for long term.