In the current cryptocurrency world, do you think it is better to do contracts or spot transactions?
The difference between spot and contract
Spot: Spot is similar to stocks. You can only buy when the price goes up, not when it goes down. It is a non-leveraged transaction, which means that you can invest as much money as you want without any leverage. If you buy when the price goes down, you lose money, and if the price goes up, you make money. For example, if you buy long orders at 4000 points of BTC spot, even if the price drops to 10, as long as you continue to hold, it is equivalent to your assets are still there, that is to say, as long as the order is not sold, you may get your money back. It is just a matter of time. It depends on whether you can hold on. If the price goes up again in three to five years, even if it goes back to 4000, you will not lose a penny. To put it simply, as long as you do not sell orders after buying, your assets will not return to zero. It is just a matter of time. It depends on whether you can hold on.
