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Author Topic: Future trading addicted can kill your spot bag.  (Read 935 times)

Offline Ujok

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Re: Future trading addicted can kill your spot bag.
« Reply #15 on: November 04, 2024, 05:16:43 PM »
This is the name of the trade, there must be a risk, it's just that we have to be smart in avoiding the risk from us and it's too late, now what you do is try hard to get up from this situation and take lessons from all these mistakes so that in the future we can be more careful in taking action before doing it. Many people take steps to invest in futures, it's just that they take that step without thinking about the risks in the future.

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Re: Future trading addicted can kill your spot bag.
« Reply #15 on: November 04, 2024, 05:16:43 PM »

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Offline _act_

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Re: Future trading addicted can kill your spot bag.
« Reply #16 on: November 04, 2024, 07:17:20 PM »
I had coins holding in spot market, but I sold those spot holdings about week ago to get into futures, and all the positions I held were liquidated today and I am feeling depressed because I am salaried in india and salary is just  $200 usdt, and this loss is huge about $3k usd.

Fist of all, there is nothing we can be doing in life that does not involve taking risk, did anyone tells you that you're not standing by taking any risk in trading at all, because if you have been going along with the market way of performance, whenever there is a sudden shock like this in the market, a huge amount of billions of dollars invested on crypto markets get liquidated, you would have made it a little by little investment, you shouldn't have placed all your eggs on the same basket for safety reasons, not to talk of when considering future trading.

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Re: Future trading addicted can kill your spot bag.
« Reply #16 on: November 04, 2024, 07:17:20 PM »

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Offline JISAN

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Re: Future trading addicted can kill your spot bag.
« Reply #17 on: November 04, 2024, 08:07:41 PM »
I had coins holding in spot market, but I sold those spot holdings about week ago to get into futures, and all the positions I held were liquidated today and I am feeling depressed because I am salaried in india and salary is just  $200 usdt, and this loss is huge about $3k usd.
Futures trading is very addictive as you can take large amount trades by multiplying your funds here even if you have less and due to this you can make huge profits in short time which would require huge amount investment in spot case.  Due to which everyone is getting addicted to futures trading.  And they are constantly losing their funds due to lack of deep knowledge of trading.  When one starts trading futures it becomes a habit to try to make big profits quickly.  Because futures trading is like gambling.  So they get addicted to futures trading and they start avoiding spot trading since it doesn't give them satisfaction.
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Offline satpol_PP

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Re: Future trading addicted can kill your spot bag.
« Reply #18 on: November 05, 2024, 09:48:46 PM »
I had coins holding in spot market, but I sold those spot holdings about week ago to get into futures, and all the positions I held were liquidated today and I am feeling depressed because I am salaried in india and salary is just  $200 usdt, and this loss is huge about $3k usd.
Futures trading is very addictive as you can take large amount trades by multiplying your funds here even if you have less and due to this you can make huge profits in short time which would require huge amount investment in spot case.  Due to which everyone is getting addicted to futures trading.  And they are constantly losing their funds due to lack of deep knowledge of trading.  When one starts trading futures it becomes a habit to try to make big profits quickly.  Because futures trading is like gambling.  So they get addicted to futures trading and they start avoiding spot trading since it doesn't give them satisfaction.
For those who are addicted to time -term trade, they will choose this trade and start training their skills here. I lack knowledge and experience in futures trading so I am more trade in trading spots. Because everyone has consideration in making decisions to invest, and I have failed in the futures trading so I chose the SOPT trade, which I have the safety there even though the results are not as big as Futures trading.

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Re: Future trading addicted can kill your spot bag.
« Reply #19 on: November 06, 2024, 02:42:43 AM »
I had coins holding in spot market, but I sold those spot holdings about week ago to get into futures, and all the positions I held were liquidated today and I am feeling depressed because I am salaried in india and salary is just  $200 usdt, and this loss is huge about $3k usd.
I said it a few times in the past, and I will say it again here. LEARNINGS REALLY IS VERY EXPENSIVE. :D

Not gonna blame you if you lost your money in trading and you're a newbie. The only problem with this one is that, you're a newbie, and you went all in with your $3000 USD hoping that you will make more money. Greed really is a big problem now, eh? Anyway, I hope that you learned a lesson on this one and with you living in a country that has an estimated monthly salary of $200, that amount that you lost is quite huge. I hope you will feel okay in the succeeding weeks, and if possible, stop trading at least, but don't stop investing.

Offline rizqillah

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Re: Future trading addicted can kill your spot bag.
« Reply #20 on: November 07, 2024, 11:17:52 PM »
I had coins holding in spot market, but I sold those spot holdings about week ago to get into futures, and all the positions I held were liquidated today and I am feeling depressed because I am salaried in india and salary is just  $200 usdt, and this loss is huge about $3k usd.
I said it a few times in the past, and I will say it again here. LEARNINGS REALLY IS VERY EXPENSIVE. :D

Not gonna blame you if you lost your money in trading and you're a newbie. The only problem with this one is that, you're a newbie, and you went all in with your $3000 USD hoping that you will make more money. Greed really is a big problem now, eh? Anyway, I hope that you learned a lesson on this one and with you living in a country that has an estimated monthly salary of $200, that amount that you lost is quite huge. I hope you will feel okay in the succeeding weeks, and if possible, stop trading at least, but don't stop investing.
In trading we should not be greedy and take profit when the target has been reached and do not expect a bigger profit because sometimes greed will eliminate the opportunity to make a profit.
As a beginner we should not use large capital for trading, it is better to use small capital first after having skills and knowledge we can increase capital for our trading.

Offline Blaze

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Re: Future trading addicted can kill your spot bag.
« Reply #21 on: November 08, 2024, 03:15:32 PM »
In trading we should not be greedy and take profit when the target has been reached and do not expect a bigger profit because sometimes greed will eliminate the opportunity to make a profit.
As a beginner we should not use large capital for trading, it is better to use small capital first after having skills and knowledge we can increase capital for our trading.
Actually, taking advantage when the target is achieved is an important factor in order that we do not get overwhelmed by our desires, which at times can be counterproductive. I also address the possibility ofentering the market with a small capital: it is beneficial for beginners because one can learn and manage risk better. So, we gradually create the stock and gradually introduce the equity to the values when our skills are improved so that while trading, incremental performances, and effectiveness can easily be attained.

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Re: Future trading addicted can kill your spot bag.
« Reply #21 on: November 08, 2024, 03:15:32 PM »


Offline densus88

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Re: Future trading addicted can kill your spot bag.
« Reply #22 on: November 08, 2024, 05:53:21 PM »
In trading we should not be greedy and take profit when the target has been reached and do not expect a bigger profit because sometimes greed will eliminate the opportunity to make a profit.
As a beginner we should not use large capital for trading, it is better to use small capital first after having skills and knowledge we can increase capital for our trading.
Actually, taking advantage when the target is achieved is an important factor in order that we do not get overwhelmed by our desires, which at times can be counterproductive. I also address the possibility ofentering the market with a small capital: it is beneficial for beginners because one can learn and manage risk better. So, we gradually create the stock and gradually introduce the equity to the values when our skills are improved so that while trading, incremental performances, and effectiveness can easily be attained.
If we are diligent in trading with focus and always practice our skills in developing strategies and making analysis, we can get profit with small capital, and if we are consistent from small capital, over time our capital will become large, Focus on learning is the key to success in trading in crypto.
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