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Cryptocurrency Trading / Re: Building wealth in trading slowly, or fast through the use of leverage
« Last post by Themepen on Today at 03:06:56 AM »Yes you are right futures market is not for everyone. Fact is that not all people are trading there shows that it is complicated and has much of risks.
futures market is not for everyone though. if it is, we would have been there trading.
there's perpetual futures market that might just be an equivalent in holding your coins for as long as you can but if the market goes against your position you will still be liquidated. this is why the market is very unpredictable because it dumps fast and also rises so fast.
And what you said about perpetual futures being bit like holding onto your coins for long time is interesting. But big difference is risk of getting liquidated. This means that even if you plan to hold for long time if market suddenly goes down amuch against your bet in perpetual futures you could lose all your money. This risk along with how quickly and unpredictably market can change makes futures trading very risky. We need to understand what we are doing and hav good plan to manage risks. It is different from buying and holding regular coins.