Hi everyone, hopefully you are fine and having fun with your family and friends.

I am a Spot trader when it comes to trading, have also read about futures and margin trading but that is very risky. I am not comfortable doing Future or margin trading. Simply because its not my cup of tea. Spot is what I prefer.

Spot trading is easy as compared to Future and Margin. In spot You just buy anything and sell at your fingertips. While in future and margin many other factors matter. You need to be fully educated before going in any one of them. 

As i said , spot is easy but it also comes with its own risks. Doing trade is not always profitable.   Sometimes you win and sometimes you lose thats what trading means.  There are some rules which you can follow to minimize risk of losing.

First one is to choose the right coin/token.  For example make sure it has a strong utility and usecase. Secondly make sure it has a cool team with a well organized roadmap.  Plus a good community can be a great thing for a positive vibes.

![photo-1620266757065-5814239881fd.jpeg](https://images.hive.blog/DQmdUBfn6JkadNKYFJLBZP8DvSLMwfMeKaLN5WLcsemZ3eU/photo-1620266757065-5814239881fd.jpeg)
[src](https://unsplash.com/photos/5hcV51EeeWc)

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***About Author***
@coolguy222 is a crypto trader and content creator on hive blockchain. He also runs a small business of Mobile accessories and Wrist watches. He loves to make new friends.

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