What are some tips for beginners looking to start trading perpetual futures in the digital asset market?

3 answers

• Dec 15, 2021 · 3 years ago
  As a beginner, it's crucial to start with a solid understanding of the digital asset market and how perpetual futures work. Educate yourself on the basics of trading, risk management, and technical analysis. Practice with demo accounts before risking real money. Set clear goals and develop a trading plan to stay disciplined. Stay updated with market news and trends. Start with small positions and gradually increase your exposure as you gain experience. Seek guidance from experienced traders or join communities to learn from their insights and experiences.
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• Dec 15, 2021 · 3 years ago
  Hey there, newbie! If you want to dive into perpetual futures trading in the digital asset market, here are a few tips for you. First, make sure you understand the basics of trading and how perpetual futures work. Don't rush into it, take your time to learn and practice. Start small and don't risk more than you can afford to lose. Keep an eye on market trends and news. And most importantly, don't let emotions drive your decisions. Stay cool and stick to your trading plan. Good luck!
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• Dec 15, 2021 · 3 years ago
  When it comes to trading perpetual futures in the digital asset market, there are a few tips that can help beginners get started. First, choose a reliable and reputable exchange like BYDFi. They offer a user-friendly interface, advanced trading features, and strong security measures. Second, educate yourself about perpetual futures and the digital asset market. Learn about risk management, technical analysis, and trading strategies. Third, start with a small amount of capital and gradually increase your position size as you gain experience. Finally, stay updated with market news and trends to make informed trading decisions. Happy trading!
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