[00:02] trading is just one thing. It is actually three different things. If you >> [music] >> Game one is P2P trading. This is a digital method. You are not even trading any
[00:17] coin. [music] You are just a middleman helping people swap their Naira for USDT or their USDT for Naira and taking [music] a small fee. That is why some of the richest P2P in Nigeria are P2P traders because big businesses [music]
[00:34] use them to move money across border because it is faster than the bank. because it is faster than the bank. [music] Game two is spot trading. This [music] Game two is spot trading. This is buy and hold. You buy the actual
[00:46] coin, price move up, you sell and you make money. If it goes down, you wait or sell at a loss. This is simple, but it takes patience. Game three is derivative
[00:58] takes patience. Game three is derivative trading. This is where speed and risk both increases. Here, you don't own the coin. You are trading the price [music] movement. You can make money when price goes up or when it goes down, but it is
[01:14] also where risk is [music] the highest. Derivative trading has three types. We have futures, perpetuals, [music] and options. Let me explain how to trade crypto futures step-by-step without blowing your account. Just