Why do most of you prefer to trade futures rather than spot?

There are many reasons for that but I think the two main reasons are capital and time.

1. Capital
Most of the people entering this market want to be rich and get rich as quickly as possible. Everyone wants to x5, x10 their account soon... Using leverage is one of the ways to help this happen quickly.

2. Time
Most of the psychology of brothers, especially Vietnamese people, like everything to have quick results, so future is the fastest.

I have some friends who only like futures so they can x5, x10 their account with one order. And the common result is... there is no after that.

But it is true that spot is more difficult than futures because you often have to hold assets for a long time, from months to years. Not many people are patient enough for this. Just take a look around X and you will see how the whole market is crying, cursing, and scared because of the market correction these past few days.

But as the old saying goes, if you want to sit in a position that not everyone can sit in, you have to endure a feeling that not everyone can endure. If you can't endure these red account days, it will be difficult to have a glorious day.

Our "big brother CZ" himself said: If you can't hold on, you won't get rich.

#MarketDownturn #BTC☀