This article is for beginners when trading Futures. The purpose is to guide you, avoid having to take a detour and lose a lot of money. I do not teach you how to make money and do not say that playing along with me will definitely make money.
When trading Futures, you should only choose Bitcoin (BTC) or Ethereum (ETH), because it is difficult to manipulate and has less risk. You should avoid other types because it is the opposite.
First, choose Isolated mode and then place an order with the capital that you can accept to lose, but note that when using leverage, it is only from 5x and down, absolutely not higher. Then experience it slowly, then learn the knowledge. Remember not to listen to them talk about high leverage or see them make money when using high leverage and then follow them. All are traps for your greed and fear, which eventually lead to losing money.
You cannot make money from this market without knowledge, experience, vision, strong mentality and other necessary factors, which means you have to learn and need a lot. It is not as simple as spending money to make money or waiting for luck, doing so will not last long in this market.
Wish you good health and success #Binance's #BTC☀️
Talking about Bitcoin, I think it will not be able to become a means of payment. But if this cryptocurrency still has trust, its value will continue to increase normally, as long as there are people who constantly strive to develop it. The appearance of Electronic Money (Digital Money) seems out of date, but it is a sign of the ongoing global financial revolution. This can threaten organizations and governments around the world. The reason is its decentralization and inability to mass produce like currency, making it difficult to control.
Although Bitcoin has not become a means of payment, that does not mean all cryptocurrencies are like that. There will be other cryptocurrencies that will replace BTC to become a global means of payment. Currency is developed by our trust, I think cryptocurrency is no exception. There will be optimal solutions, effective and stable operations to develop cryptocurrencies. When knowledge, experience and visionary thinking are equipped, that is the way to strengthen faith and nurture the future, I think it will be effective.
Governments and tycoons' support for cryptocurrencies is a big challenge. They understand how it works and how it affects them, how it will change. It can only be decided by the interests of the organization or the whole country in the long term. But they cannot decide for each individual, because blockchain technology was born for individuals and the majority, all must agree to produce results. #btc #binance #bitcoin