Additionally, if someone is trading derivatives or futures, they should conduct thorough analysis, focusing on fundamentals, market movements, news, and on-chain activity, so that these can serve as a guide for profit. However, it's important to note that such trading is quite risky if unlucky, especially when using high leverage. Therefore, it's best to exercise caution. If you're still a beginner, it's best to learn everything about it first. Furthermore, I believe that this also requires a certain amount of luck. However, I don't strongly recommend using such markets, it's better to be a true investor or holder without utilizing derivatives or futures markets.
Furthermore, we need to realize that crypto analysis is essentially predicting future market movements by reading its behavior through various technical analysis. Once again, I remind you, this should be avoided, especially for beginners.
I watched one guy got liquidated this morning worth $100k because he shorted the market. The thing is, derivatives and futures are TikTok, a time bomb you don't know when it's going to explode. Like it's norm now that the market is moving, if anyone has long the Bitcoin trade since $109k will be on profits by now but my instinct will tell me to exit here and I will listen to it because when the market is going to make correction, you will might not see the sign.
I will rather have patience of 5 years and take profit in peace than run after 100x, I don't like bet on trades, you don't control the system, it's either you end up losing everything or make something from it from it and then end up loosing everything again, the end never ends well that's why I don't advice people to do it. Another bad side of this is that everybody want to be a trader badly but not everyone is a good one, you can be a self acclaimed trader and understand nothing about the market.
Well, that is what I meant. So many people experience significant losses when trading derivatives or futures, and it seems like gambling to me, and I agree with those who say it is a zero-sum game. I also prefer to be a patient investor or holder, rather than chasing huge returns, because that is too risky I think, and your statement aligns with what I said earlier. Therefore, especially for newbies, it is important to understand that "Holder is Winner."