🤝📉 Futures aren't about actually owning crypto, it's about making a bet on its future price movement. I wish someone told me this clearly before I blew $600. With spot, if you buy 1 ETH for $3000, you *own* 1 ETH. If it drops to $2500, you still have 1 ETH, just worth less. With futures, you put up a fraction (your collateral) to control a much larger position using leverage. You don't own any ETH; you own a *contract*. The biggest trap for beginners is thinking it's just 'spot with leverage.' Nope. That $600 I lost wasn't on a coin going to zero. It was my entire collateral wiped out because a small swing against my position was amplified by 50x leverage. You don't just lose unrealized profit, you lose *everything* you put in as collateral if your liquidation price is hit.
So, if you...