But before I fully switch, I’m wondering if there’s a way to manage or hedge against this kind of volatility while still trading futures. Is there a smart way to protect my trades or reduce the risk? Any advice would really help.
Most altcoins price moves the same way so there’s no way to hedge against while continuing trading. It’s either you will lower your leverage or do a DCA leverage trading to lessen your risk.
But normally, I do switch to spot trading when the market is too volatile and hard to predict the price movement.
It’s better that way rather still risk just to chase profit on unstable market.