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89% of futures traders are liquidated in their first month. I was one of them, staring at a screen in the dark, watching my $5,400 nest egg vanish into the pockets of the exchange because I thought futures was just "spot with extra speed." The biggest trap is thinking you are buying the asset. In spot, you own the $BTC or $AVAX you purchase, regardless of what the price does next week. You can go to sleep knowing your coins are sitting in your wallet. In futures, you own a derivative contract—an agreement on price. You are essentially betting against the exchange on the future direction of $BTC, and the clock is your silent, aggressive enemy.

Most beginners fail because they treat a 20x leverage position on $AVAX...