Post
Topic
Board Trading Discussion
Re: Should I Get a Loan?
by
Shishir99
on 13/02/2025, 10:12:53 UTC
Same here on which i do really that consider futures trading to be gambling on which it will really be that understandable considering the duration which is really that involved minutes or seconds on which this will really be that truly a gamble on which basing up into the volatility of this market then you can be able to tell that there's no easy way on dealing with a volatile market specially. For spot trading then its considerable but for future then this is something on which i wont really be that confident on doing so.

Look, when you do a spot trade, you buy a token when it was $5 each, if the token price decreases, even if goes below $2, you still hold the same amount of token which can increase in value in the future. But when you do future trade, basically you are placing a bet on its price. You have a liquidation price and if your token hits the liquidation price, you get busted.

The opposite happens as well. You double or triple your money within a few minutes. You are actually placing bets on a token's price. So, I do consider it as a gambling. Binary trading is another kind of gambling.