Futures trading can be risky for beginners because it involves contracts that require you to buy or sell an asset at a predetermined price in the future, which can lead to significant losses if the market moves against you. Instead, it's better to start with spot trading, where you buy and sell assets at their current market price. This approach allows you to have more control over your investments and reduces the risk of losing money due to market fluctuations. Focus on learning the basics of trading, understanding market trends, and building your confidence before diving into more complex trading strategies like futures.

#futures #BinanceTurns7 #BTC