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Futures vs Spot

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Futures vs Spot
Henrywrites Offline
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#1
06-15-2024, 06:41 PM
Spot trading seems like it is a safer type of trade in terms of trading, and hoping a coin you bought appreciates while in futures, you can end up losing all the money you entered a trade with. When it comes to trading, which one do you enjoy doing?
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Heatman Offline
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#2
06-21-2024, 03:50 PM
Personally, I have the knowledge of trading both spot and futures when it comes to cryptocurrency but I am more comfortable with dealing with futures trading because I only have to make use of USDT to trade against any other currency.
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Henrywrites Offline
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#3
06-27-2024, 11:12 AM
(06-21-2024, 03:50 PM)Heatman Wrote: Personally, I have the knowledge of trading both spot and futures when it comes to cryptocurrency but I am more comfortable with dealing with futures trading because I only have to make use of USDT to trade against any other currency.

This is true, and there is also a possibility of losing more money too when the trade goes against you. However, futures trading is highly profitable.
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