Spot vs Contract: A Way for Cryptocurrency Players to Make Money, Which One Are You?
Should you play spot or contract in the cryptocurrency world? This is a question that many newcomers and even seasoned players ponder. In fact, the answer is simple: both can be played, but it depends on what kind of player you are.
Two Types of People Who Make Big Money
In the cryptocurrency world, those who can really make big money are often of two types:
1️⃣ True Trading Experts - They excel at operating contracts, leveraging small investments for large returns, and doubling their profits in a short period.
2️⃣ “Fool” Players - These individuals tend to prefer spot trading, focusing on long-term investments, using time to generate returns, and earning money during bull and bear cycles.
Different Capital, Different Strategies
📊 Players with over 1 million USDT:
These individuals prioritize stability. They usually do not pay much attention to short-term fluctuations but choose spot trading, following a cyclical investment strategy during bull and bear markets, patiently waiting for a bull market to arrive. Investment cycles may last a year or even three years or more, with the goal of achieving 5-10 times the return.
📈 Retail Investors with less than 100,000 USDT:
For most retail investors, contract trading is more appealing. Due to limited capital, they hope to achieve high returns in a short time. However, contract trading carries higher risks, requiring a well-developed trading strategy, strict position control, and sufficient trading skills.
Spot vs Contract: How Should You Choose?
⭐ Spot: Suitable for individuals with larger capital, leaning towards long-term investment; the strategy is relatively simple, relying on time to accumulate returns.
⭐ Contract: Suitable for those pursuing short-term gains and skilled in operations, but risks are also higher and sufficient trading experience is needed.
Final Thoughts:
The ultimate goal in the cryptocurrency world is to one day have enough capital to engage in “fool trading” and steadily earn money during bull and bear markets. I hope everyone finds their own rhythm in trading, whether spot or contract, and can create their own excitement! 💪
Do you prefer spot or contract trading? Feel free to share your thoughts in the comments! 🔥