SPOT OR FUTURES
#Write&Earn
$BTC $XRP $ETH when we start in the crypto world, we begin to hear terms and assimilate names that become more familiar every day, and little by little we start to understand what it's all about. However, we don't always fully understand, which can lead to confusion and ultimately make wrong decisions.
For example, until some time ago, I was trading with a Forex broker, and there I bought and sold, but in reality, I was only receiving a promise of payment if I had a profit and an automatic discount if the price liquidated my order or even the account.
That and leverage punished me for a long time, and I believe that if I'm not careful, I will feel the consequences of a mistake again.
Then I discovered
#BİNANCE and started to see a big difference between a contract and a conversion, having a position in a broker versus being able to take my CRYPTO to a wallet and store them with my own keys in an external place or keep them there in the exchange company.
Then I also saw that in futures I could do the same as in the broker and leverage positions, but I also saw that in spot I could even earn returns for having my cryptos in
#earn , so the difference started to appeal to me, and I stopped losing money in brokers, meaning coming to leave it here. However, I began to fall in love with spot, and even though the profits are honestly a product of your capital without borrowing from the broker, it's better to earn low percentages or average ones without ending up losing it all.
Therefore, if in futures you can earn more, you can also lose everything, and in spot, even if you see red numbers 1 BTC, it will still be 1 BTC. So it's a matter of deciding whether to take your token and keep it when it's a bargain, waiting for the market to have another cycle to sell it high when prices are favorable.
Experience tells us that holding cryptos is having a return tomorrow, or they will say that the BTC is not all a historical fact.
Regards, let me know if you prefer spot or futures.