FIRST TRADE · SPOT VS PERPETUAL
Spot vs Perpetual: Which First Trade?
Start with spot to learn how prices move, then try perpetuals to learn leverage. Keep the two separate.
Two questions first
- Do I want to hold the asset, or only trade price direction?
- Can I accept liquidation risk?
Suggested path
- Start with spot: small BTC / ETH positions
- Add perpetuals later: low leverage + stop-loss
- Don't treat perpetuals as a cheaper way to buy spot