🤔 Which One is Better, SPOT or Futures Trading ? [My Opinion 🎁]
🔷 In the World of Crypto There are Many Ways to Earn Money either through Trading or Through Arbitrage Means.
But What is the Best way to Grow your Wealth? 🤔
👉 Well It completely depends on your needs and Risk Tolerance. if you are less tolerance to severe volatility and high risk You Should Avoid Futures at All Cost.
👉 But at the Same time Futures Pays in Both direction either UP or DOWN, But depends in which direction you're holding the Trade 👍
👉 And if you're ready to Take Some Risk then Futures will suit your needs....
🧑💻 But My Question is, Is it Really worth to Buy something on SPOT at this Market Condition?
🔷 The Simple Answer is No, In this Market condition You should not buy All at once rather you should Turn On your DCA Bot or Automatic Conversion Bot..
🔷 And Second thing you can do is by finding hidden Gems before they Pumps for that you should have sharp knowledge of candlestick patterns, spotting Breakout in Charts and Indicators.
At the End I will Say Futures Involved very high risk, but if done with Strategy, Then there is endless profit...
👍 SPOT also Involves Risk, as without Risk there is No Reward.
✅ Always Have your Own Research before Jumping to Any Trade ⚠️
#MUA Follow me for surprises every day #ETH Myth MUA is a DeFi project issued on the Binance chain
What is DeFi? It is called decentralized finance in Chinese.
DeFi ultimately requires a pool, because the coins in everyone's hands need to be liquidated, so they need to be exchanged in the pool.
Therefore, the liquidity of the pool is the most important. If a DeFi project's liquidity is insufficient, then your assets are just a pretty number and cannot be truly liquidated. ♠️ Where does the money come from? ♥️ Is it making money from later investors?
Myth earns money from the secondary market, not from later investors, and maintains a comrade relationship with them, rather than a hostile one. Any project that makes money from later investors is in a hostile relationship and cannot last long #FIL
Listen to my advice, continue to hold steady and well
When I sent out this order yesterday, some fans thought it was too early. I also replied with my thoughts because I have missed many opportunities by being overly cautious. This time, it's just about dealing with losses, and I didn't even enter my own replenishment position, so I estimate that stopping losses won't be that easy. I can only say that I want to seize every opportunity I see. Of course, I am not 100% correct; I just hope that when I make a mistake in direction and my brothers are following to eat bamboo shoots, they can scold me lightly and show some mercy.
In terms of operations, if it falls below 3000, directly increase positions. If you are not familiar with increasing or decreasing positions, when it falls below 3000, you can open a USDC order. Having two orders will not merge, allowing for separate operations, which can be helpful for newcomers who have not traded before.
Next, I would like everyone to call out the price of Ethereum after the market opens on Monday. The more people there are, the more accurate the price will be $ETH {future}(ETHUSDT)
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