How are you all, I hope you are all well, Today I will talk about futures trading, why we should all stay away from this futures trading, Let's start without delay, First I am going to start the post with a news, Today the market situation is very bad, about $ 1.6B has been liquidated in the last 24 hours, Source satoshi club

Let's find out in detail about the market today, the amount is down,
Although Bitcoin is down 6%, and coin has given a down of 20 to 30%,
Yesterday a large number of traders launched Bitcoin long position futures trade, and in this whales and exchangers liquidated $ 1.6B, because if it was not liquidated, the exchangers could have suffered a huge loss,
Because futures trade is basically the profit that traders make, the entire profit that the exchanges have to pay from them, yesterday a large number of traders Bitcoin long position open And so Bitcoin is deliberately brought down to reverse Bitcoin,

Image collect Pixabay

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And in this, all those who opened Bitcoin long positions suffer huge losses,
Imagine some traders open Bitcoin long positions equivalent to $1 billion dollars, and some traders open Bitcoin down positions of $500 million, Now if Bitcoin is continuously pumped, then those who were opening a billion dollar long position will get a huge amount of profit, they will have to pay extra fund exchangers at home, so they make a profit by reversing the market,
Booking profits by bringing down the market, and those who do not have a large amount of futures trading entries face huge losses,

I always try to stay away from futures trading, because if you suffer a spot trading loss, if you can hold it for a long time, that loss can be recovered at some point, but futures trading is possible No, let's not get greedy and get involved in futures trading,

Image collect Pixabay

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But it's right. If futures trading can be won from spot trading, then huge profits can be obtained. The more profit, the more risk there is, so let's stay away from futures,
I'm ending here today, everyone will be fine, Allah-Hafez