I work in finance so I understand that a 20% annualized gain is already a ridiculous amount.
I have however seen players doubling, tripling, 10xing their money through a variety of ways of which I can list here:
-Bitmex, Deribit etc. Perpetual Futures leveraged trading (1-100 x leverage - SUPER HIGH RISK)
-ICO/IEO trading (4-5 returns, MEDIUM RISK)
-Spot Trading (BTC/USD, MEDIUM RISK)
-Deribit Options (MEDIUM RISK)
-Cross Exchange Arbs/DEX Arbing (Buying alts on Dex before exchange launching on Binance - requires insider information)
-Gambling Games (Dice, etc.)
Does anyone else have any ideas to share or methods that consistently gives them good gains?
Having a financial background or being employed in the financial industry means very little when it comes to trading performance.
If you take 90% of the people who are already employed (and profitable) in the trading offices of even a top tier investment bank like
Goldman Sachs for example, and let them trade with their own resources unassisted, they would be losing money like crazy...
It takes a very rare and unique skill set to become a great trader, and it's rightfully considered one of the most difficult professions on the planet, so if you really want a career in trading, you must be prepared for some truly intense competition.