💠 Trading in futures or futures contracts is among the popular methods resorted to by traders who seek to make a quick profit in the field of trading in digital currencies, but the bitter truth is that a large percentage of traders are exposed to a real loss and perhaps to final liquidation, which means a loss of capital. Completely,
But the question that arises in this regard is: Why do many people prefer to trade in futures contracts despite the great risks surrounding this type of trading?
We can find some main reasons that can be summarized as follows:
👈 First: Small capital owners feel that spot trading is too slow to make money and want to use leverage in their trading to make quick profits.
👈 Second: The main driver of this type of trading is the overwhelming happiness that dopamine brings from quick profits, especially for traders who have previously achieved profits in futures contracts deals.
👈 Third: Saw profits (profit on the rise and profit on the fall like a saw) provided by futures contracts, as traders can make money in a rising market and you can also make money in a falling market, but this is not available in spot trading, as you can only make money in Boarding.
👈 Fourth: Sharing the experiences of others who have achieved fantastic profits in a short time, which creates a kind of enthusiasm and willingness to accept risk in futures contracts.
👈 Fifth: False hope: There is a type that deals with future deals as a straw to save their life, believing that it is the only hope for self-recovery, and you find that most of these people are either in debt, or have incurred losses in transactions with money that they cannot afford, and they want to pay it back quickly by making a profit from Futures trades.