123 Quick Learn Trading Tips #4: Spot or Futures? Real or Fake?

2月26日

123 Quick Learn Trading Tips #4: Spot or Futures? Real or Fake? 🧐

News: $1.3 Billion has been liquidated 💥 from the FUTURES market within the past 24 hours, as Bitcoin plummeted to $86,000. 📉

Futures leveraged traders were forced to close their positions, realizing a collective loss of $1.3 Billion.
This shows how risky trading with leverage (borrowed money) can be. 💸 ⚠️

Traders who use leverage enter into a gambling game with exchanges, which always win the game. In other words, in the last 24 hours, several crypto exchanges made $1.3 billion in profits.

On the other hand, people who bought Bitcoin directly (spot market) only lost a small amount of profit. This shows that owning the actual asset is more stable. 💎

Traders using leverage lose their money. But for spot investors, this is a good chance to buy more Bitcoin at a low price and make their long-term position stronger. 💰

Like I always tell my students and friends:

Let's go up the spot market stairs, step by step. 🪜 Don't think about the futures elevator. 🏢 It has crashed many times, 📉 and it will crash again. ⚠️

Instead of gambling in the "fake" futures game,
invest your money in the "real" spot market. 💎
Build your investments by owning assets, not by risky leverage. 🚫

Have a nice trading journey!

2月27日

註釋

As you can see on the CoinGlass website, on February 24, 25, and 26, the total liquidity of long positions reached $2.6 billion!