🚨99% of people who trade futures lose their money

If you still think that you are going to be able to make your first million with futures, I am sorry to disappoint you but it is going to be very difficult. Only big teams that can control the market make money this way.

🖇️ Futures work with leverage, which means you can control a large amount of assets with a relatively small investment. This can significantly increase potential profits, but it also amplifies losses. For example, if you buy a futures contract for $10,000 with 10:1 leverage, you only need $1,000 in cash. If the asset price increases by 10%, you will earn $1,000; but if it drops 10%, you will lose $1,000, which means a loss of 100% of your initial investment.

👨‍💻 I have also personally tried futures, and yes, I have made profits but then I lost all that money. Finally, after losing a good amount of money, I realized that you can't make money like that, and that it is better to operate in spot.

🤓If you are a beginner, I do not recommend getting into futures. Better focus on long-term investing or spot trading. Everyone I know who has tried futures has lost their money. On the other hand, no one who has invested in Bitcoin is losing.

Those who have already tried futures, how much money have you lost? I hope this publication helps many people who are thinking about entering this world, and prevent money losses. If you found the post useful, support me with a 😍 and follow me to learn more about cryptocurrencies.