Futures trading

A

AJ Rabie

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Hi Guys,
Just doing a bit of due diligence after my previous mistakes.
With the bear market, I believe trading to be a logical option.
I know the risks, just need to know if anyone used https://coinaspot.com/ before, buy in is steep and money is staked for 3 months get that, but has anyone used it and received their money back after stake period if you got profits?
Keen to take a risk, but need to make sure it's not a ponzi scheme after the FTX crap, sure if any company tanks you loose your money, but need to if anyone has experience with this platform?

Thx
 
AJ Rabie said:
Hi Guys,
Just doing a bit of due diligence after my previous mistakes.
With the bear market, I believe trading to be a logical option.
I know the risks, just need to know if anyone used https://coinaspot.com/ before, buy in is steep and money is staked for 3 months get that, but has anyone used it and received their money back after stake period if you got profits?
Keen to take a risk, but need to make sure it's not a ponzi scheme after the FTX crap, sure if any company tanks you loose your money, but need to if anyone has experience with this platform?

Thx
Click to expand...
the word logical and futures dont go together mate.
 
cguy said:
I’m curious. How so?
Click to expand...
You get to short a bear market, I do not care about the ultimate direction just want to make money short term, have made some good profits on binance, just need confirmation that coinaspot is risky but legit in terms of not a scam, if you make profit that they will pay out, that is basically my question here
 
AJ Rabie said:
Why? I get the risks, want to know if the platform is legit.
Click to expand...
A simple google search brings up nothing about the platform, it doesn't exist it seems lol. Not even a social media page. And the website looks like it was designed by a 5 yr old with obvious errors in grammar.
 
AJ Rabie said:
You get to short a bear market, I do not care about the ultimate direction just want to make money short term, have made some good profits on binance, just need confirmation that coinaspot is risky but legit in terms of not a scam, if you make profit that they will pay out, that is basically my question here
Click to expand...
Oh dear... My brother in christ, I wish you good luck in your trading endeavours.
 
I noted that also...hence my questions on it, I also note there is not a google search for it...I think it is a scam
 
Also identity fraud, got introduced to the site via a twitter handle :
@_milesdeutschir but the real crypto dude has a handle : @milesdeutscher hence definitely a scam
 
AJ Rabie said:
Hi Guys,
Just doing a bit of due diligence after my previous mistakes.
With the bear market, I believe trading to be a logical option.
I know the risks, just need to know if anyone used https://coinaspot.com/ before, buy in is steep and money is staked for 3 months get that, but has anyone used it and received their money back after stake period if you got profits?
Keen to take a risk, but need to make sure it's not a ponzi scheme after the FTX crap, sure if any company tanks you loose your money, but need to if anyone has experience with this platform?

Thx
Click to expand...
Look at thinktrader or IG markets, both registered with FSCA. Best to stick with the local ones.

Been paid out by both over the years no issues

if you looking more at crypto look at bybit one of the biggest in the world or binance as well also has crypto futures.
 
Last edited:
AJ Rabie said:
You get to short a bear market, I do not care about the ultimate direction just want to make money short term, have made some good profits on binance, just need confirmation that coinaspot is risky but legit in terms of not a scam, if you make profit that they will pay out, that is basically my question here
Click to expand...
Do you think that because it’s a Bear market you can predict that the prices will continue to go down?

It doesn’t work that way. With very few exceptions, all expectations are baked into the price at any given time.
 
cguy said:
Do you think that because it’s a Bear market you can predict that the prices will continue to go down?

It doesn’t work that way. With very few exceptions, all expectations are baked into the price at any given time.
Click to expand...
Nope, not what I said, just needed to verify the site that I think is a scam, there is up and down cycles and support zones bla bla, just mean if we are probably still in a bear market in the 2 to 3 month time frame and do not want to deploy into crypto without being sure the market has bottomed
 
AJ Rabie said:
You get to short a bear market, I do not care about the ultimate direction just want to make money short term, have made some good profits on binance, just need confirmation that coinaspot is risky but legit in terms of not a scam, if you make profit that they will pay out, that is basically my question here
Click to expand...
So why don't you just use Binance then?
https://www.binance.com/en/futures

Also:
 
AJ Rabie said:
Nope, not what I said, just needed to verify the site that I think is a scam, there is up and down cycles and support zones bla bla, just mean if we are probably still in a bear market in the 2 to 3 month time frame and do not want to deploy into crypto without being sure the market has bottomed
Click to expand...
That’s a prediction.

Also, if there are up and down cycles, why does it need to be a bear market, Bull markets have those too.
 
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AJ Rabie said:
Agree safest, scamster wanted me to use the other site and I came here to help make sure it's dodgy, thx
Click to expand...
does my post mean nothing to you?

Look at thinktrader or IG markets, both registered with FSCA. Best to stick with the local ones.
Been paid out by both over the years no issues
if you looking more at crypto look at bybit one of the biggest in the world or binance as well also has crypto futures.
 
Snyper564 said:
does my post mean nothing to you?

Look at thinktrader or IG markets, both registered with FSCA. Best to stick with the local ones.
Been paid out by both over the years no issues
if you looking more at crypto look at bybit one of the biggest in the world or binance as well also has crypto futures.
Click to expand...
Op, please listen to this guy. If you don't even know if a platform is legit, you're not doing enough due diligence.

Trading these markets is risky enough. Using an unknown platform and trusting your money to a stranger is just suicide.
 
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