Future trade is very risky for traders

in Steem Alliance2 years ago

Asshalamu alaykum, I'm @toufiq777

Future trade is very risky for traders

Picsart_23-03-11_00-47-17-419.jpg

I have been trading for almost 5 years. I have accounts on binance, poloniex, mexc global and ku-coin. These sites are basically exchange sites. Here people do spot and future trade. Profits are less in spot trade. But it has less Risky. But profit is more in future trade. But it's very Risky.

Market distress since March 9. The market situation is very bad. Those who used to do spot trade at this time. Their portfolio is almost half And those who do future trade have become liqwid.

Future trade we can provide leverage. Here we can do long and short trade. Long means we are challenging here that the price of the coin will increase. Again, short trade means that we are challenging here that the price of the coin will decrease. We offer starting from 5x up to 125x with 100$ dollars. If we do a coin trade with 10x. We bought a coin for 100$. If the price of the coin doubles. Then we get 1000$ with 100$. Again, the risk here is that if the coin price falls, there is a possibility of liquidation. Liqwid means that all dollars become 0 at once.

Future trade We can trade even if the price goes down and we can trade even if it goes up. It is an advantage. But where there are more benefits. The more risk there are. I have liqwid more than 100 times so far. I lost about 8000$ by trading futures for about 2 months in between. Since then I have not done any future trade.

I got so many news in last 3 days. Many people lost all their dollars. People are destroyed overnight I think it is better to be satisfied with less than more. My advice is that no one should trade futures. I advise my friends not to trade futures.

image.png

Vote for @bangla.witness

Thank you
@toufiq777

Sort:  

Thank you, friend!
I'm @steem.history, who is steem witness.
Thank you for witnessvoting for me.
image.png
please click it!
image.png
(Go to https://steemit.com/~witnesses and type fbslo at the bottom of the page)

The weight is reduced because of the lack of Voting Power. If you vote for me as a witness, you can get my little vote.

Coin Marketplace

STEEM 0.18
TRX 0.15
JST 0.028
BTC 63597.74
ETH 2476.06
USDT 1.00
SBD 2.53