Why Futures is Dangerous? Advice for Beginners
I saw on YouTube that people are losing money by trading with 50x Leverage.
I have not touched Futures myself because:
1. Without Stop Loss, your account can be empty in 5 minutes
2. More Leverage = More Risk
3. In Spot your coin stays with you, in Futures it doesn't
My advice for new people is to start with only Spot trading and learn slowly.
What advice would you give to new traders? Share in comments ๐
Follow for real, honest trading education. No fake profit screenshots.
#Binance #CryptoEducation #TradingTips #SpotTrading #CryptoPakistan #Write2Earn #BinanceSquare #NewTrader
I saw on YouTube that people are losing money by trading with 50x Leverage.
I have not touched Futures myself because:
1. Without Stop Loss, your account can be empty in 5 minutes
2. More Leverage = More Risk
3. In Spot your coin stays with you, in Futures it doesn't
My advice for new people is to start with only Spot trading and learn slowly.
What advice would you give to new traders? Share in comments ๐
Follow for real, honest trading education. No fake profit screenshots.
#Binance #CryptoEducation #TradingTips #SpotTrading #CryptoPakistan #Write2Earn #BinanceSquare #NewTrader