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:
Have a nice trading journey!
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!
Note
As you can see on the CoinGlass website, on February 24, 25, and 26, the total liquidity of long positions reached $2.6 billion!
Just for One More Smile 😄
ForecastCity.com founder
✔️A.I. Data Scientist
✔️20+ years of experience
✔️Forex ✔️Cryptos ✔️Indices ✔️Commodity
✔️Quick Learn Trading Tips
👉t.me/Jafarian_Navid
👉LinkedIn.com/in/Navid-Jafarian
ForecastCity.com founder
✔️A.I. Data Scientist
✔️20+ years of experience
✔️Forex ✔️Cryptos ✔️Indices ✔️Commodity
✔️Quick Learn Trading Tips
👉t.me/Jafarian_Navid
👉LinkedIn.com/in/Navid-Jafarian
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Just for One More Smile 😄
ForecastCity.com founder
✔️A.I. Data Scientist
✔️20+ years of experience
✔️Forex ✔️Cryptos ✔️Indices ✔️Commodity
✔️Quick Learn Trading Tips
👉t.me/Jafarian_Navid
👉LinkedIn.com/in/Navid-Jafarian
ForecastCity.com founder
✔️A.I. Data Scientist
✔️20+ years of experience
✔️Forex ✔️Cryptos ✔️Indices ✔️Commodity
✔️Quick Learn Trading Tips
👉t.me/Jafarian_Navid
👉LinkedIn.com/in/Navid-Jafarian
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.