Question about futures

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Question about futures

Hey guys!
I have a question… do you think it’s a good idea to invest BTC in futures now? With 3x leverage so as not to run as much liquidation risk?

Or do you think it’s better to put my €100 in a wallet and wait?

Thank you for the help!

Bhanuka Harischandra Answered question June 13, 2024
0

First of all move topic trading discussion board.

There is a difference between trading and investing in bitcoin. Trading is much more difficult and risk than investing most especially the future trading which involves margins or leverages. Adding leverage increases the reward of your holdings because it increases your position and it also increases the risk of liquidation.

As Someone without knowledge of trading even if you have with this small capital, I will warn you against trading and advice you to just create a custodial wallet and buy bitcoin and store there for as long as you want without the fear of liquidation

Bhanuka Harischandra Answered question June 13, 2024
0
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