What you need to know about crypto Futures trading.
Futures trade is a type of contract agreement to buy and sell a crypto currency at a particular time in the futures and at a particular price.
It helps traders buy and sell coins they don't own while making profit off it.
It's one of the quickest ways to accumulate funds as a trader, howbeit it being the quickest, it comes with its share of difficulty and uncertainty.
Futures trading also gives you options to borrow from the market (leverage) thereby potentially increasing your Profit as well as your loss multiple folds.
Who should trade future?
1. Any person with adequate understanding of technical and fundamental analysis.
2. Any person with proper guidance on how to to place a futures order and when to place it.
How do you get started?
First you have to understand that the futures market is risky, and you can lose all your money, and agree to this fact, so you can prepare yourself mentally.
Then you've got to understand how futures works by understanding what buttons does what action and by learning to accurately place an order on the futures platform if given a signal on when to either buy or sell a particular coin.
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