Did you know馃 that a future trade of 100 USDT with leverage of 100 for a token is equal to a spot trade of the same token for 10000 USDT!馃槻
But the difference is that in the future trade your loss of 100 USDT is guaranteed by just 1 percent drop in the token鈥檚 value !鈥硷笍馃槷
In this type of trade if you had 9000 USDT
Then a drop of token value by 90% will cost you getting completely liquidated.馃
The more the token鈥檚 value goes in opposite direction (through your disadvantage)! The more panic, pain, & REGRET .馃槶
Plus you must accept the loss in case you wanted to close the order.馃
While in the spot trade it doesn鈥檛 matter how much the value of the token drops in percentage
Your coins does have a value in all cases
It doesn鈥檛 matter how much your overall balance increases or decreases in usdt.馃檪
You have a specific amount of tokens and your profit depends on the price of the token.馃檭
In these two types of trade:
In futures the token locks you in time (need all time care) and places you in a panic situation
While in spot trade you lock the coin and control the psychological status.
Because the coin will either has to go up of your entry price or never stands in the crypto market by staying below and losing value.
In both cases the future of 100$ in an account of 10000$ and spot of 10000$ is the same.馃
Success and being tich doesn鈥檛 depend on how much abundance you earn or gain ! It depends on how much are you satisfied per amount of time with your power!馃グ
If you got 100 usdt then success is about how much you satisfied to earn per time with that small power (100$).
After all it is all about how do we control and protect our feelings! How do we get satisfied per amount of time per power ! Success comes there.馃槏