Many people become binance futures full time traders as job - page 3.

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Quote from: Rigon on July 20, 2022, 01:55:44 PM

Futures trading is a type of trading where you have to deposit the amount of money you take with you on the futures trading platform.I was once very addicted to futures trading platforms. I lost more money than I profited.Not only me but everyone like me has lost their money and some have even become fakirs of the path.Even if it is a profit in the first stage, then due to not being able to get rid of that addiction, one has to lose the entire money.And that is Future Trading is a very addictive trading platform.

There must be money deposited so you can get started, In futures trading you must have good skills so that you can manage when trading futures, of course if all is not in skill then your money will be lost even with the hope that you get nil.
Futures trading must be able to manage a little time and precise analysis I know this is a difficult job compared to spot trading but in fact winning futures trading is more interesting.

Rigon

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Futures trading is a type of trading where you have to deposit the amount of money you take with you on the futures trading platform.I was once very addicted to futures trading platforms. I lost more money than I profited.Not only me but everyone like me has lost their money and some have even become fakirs of the path.Even if it is a profit in the first stage, then due to not being able to get rid of that addiction, one has to lose the entire money.And that is Future Trading is a very addictive trading platform.

Findingnemo

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Quote from: crzy on July 10, 2022, 05:29:21 PM

Binance has a great market exposure, they have a good marketing team and that’s why many traders prefer to use this exchange. Though futures are very risky, and everyone might not be able to make money here since it will always depend on your own analysis. I don’t treat trading as my full time job, I just can’t afford and i know profit here is not guaranteed. Be careful with futures and I wish you succeed on this.

Better you can create an exchange same as binance so you can earn million times or billion than an average income of a full time job, nice idea right?

Trading is not something like if you do 100 trades so you will get certain range of money as returns, its highly risky but futures are more risky then spot trading so anyone think that they can become rich with zero capital then the chances are very less from happening.

Silberman

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Quote from: RealMalatesta on July 18, 2022, 05:18:24 PM

Quote from: Johnyz on July 12, 2022, 04:53:53 PM

Some are just joining the hype with a thinking about making money easily which is not going to happen in trading, we all know that success in trading will require analysis and if those traders failed to do this, most probably they will ended up broke as well. Binance is a good platform, you can have your tradings here but still no guarantee for profit, exchanges is just a platform and your trading strategy will be your main weapon here.

Unfortunately, newbies come into the crypto world thinking that they could make a big change, but in reality they are not doing anything radical. They see some people on social media that turned a few thousand dollars into millions of dollars, and they think crypto world is a free money making place.

You will see them shilling some idiotic small time 2 million dollar or less trading volume tokens during the bull run, and thinking that project will be in top 10 and make them rich. They are so inexperienced that when there is a token with 0.00001 dollar or so price, they keep saying "if it is only 10 cents, we all will be rich" and not realize that would make the market cap 1 trillion dollars and that's impossible for that project.

The irresponsibility of newbies can be quite surprising, what you describe is in fact very common among newbies but this only reflects that they have no understanding about how the market works at all, for someone to earn money in this market someone else has to lose it and for someone to earn a huge amount of money then a lot of people need to lose a lot of money as well, the money doesn't grow on trees it comes from somewhere, and in the market of cryptocurrencies the money comes from other traders which you can outsmart, and if you are a newbie with no knowledge about how this market works then you are not going to outsmart anyone and you are one that is going to lose your money.

Natalim

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Quote from: Issa56 on July 18, 2022, 11:42:51 AM

Quote from: sklopan on July 16, 2022, 04:09:43 PM

To be honest, I don't see anything wrong with that. At its core, trading is a completely possible job. More importantly - learn how to work correctly.

Yes is kind of easy and convenient way of making money, but as a newbie that just started trading future and you where luck you have been making profits probably due to bull run and you are planning to make it a full time job, I believe that's completely wrong, most people have not traded futures before during the bear market and they don't know they can easily get liquidated because of high volatility, future trading is completely different from sport trading which you can just hold your coin when their is a bear market, in future trading you can easily get liquidated whenever their is bear market. So as a newbie I will advise everyone to get a Job and don't depend on future trading as a full time job.

The idea of getting into trading is very easy but the question is how they manage their trades as even to say that some people make a huge profit in trading, however, it doesn't mean that all traders will have that experience as well, that is impossible. Even if we do copy trading, following a great trader but we can't expect of having the same results, why? As we don't have the same market response and decision.

I can agree that many people get involved in trading but not to say that they all gonna stay, some or many of them went off because of their bad experiences.

RealMalatesta

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Quote from: Johnyz on July 12, 2022, 04:53:53 PM

Some are just joining the hype with a thinking about making money easily which is not going to happen in trading, we all know that success in trading will require analysis and if those traders failed to do this, most probably they will ended up broke as well. Binance is a good platform, you can have your tradings here but still no guarantee for profit, exchanges is just a platform and your trading strategy will be your main weapon here.

Unfortunately, newbies come into the crypto world thinking that they could make a big change, but in reality they are not doing anything radical. They see some people on social media that turned a few thousand dollars into millions of dollars, and they think crypto world is a free money making place.

You will see them shilling some idiotic small time 2 million dollar or less trading volume tokens during the bull run, and thinking that project will be in top 10 and make them rich. They are so inexperienced that when there is a token with 0.00001 dollar or so price, they keep saying "if it is only 10 cents, we all will be rich" and not realize that would make the market cap 1 trillion dollars and that's impossible for that project.

Issa56

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Quote from: sklopan on July 16, 2022, 04:09:43 PM

To be honest, I don't see anything wrong with that. At its core, trading is a completely possible job. More importantly - learn how to work correctly.

Yes is kind of easy and convenient way of making money, but as a newbie that just started trading future and you where luck you have been making profits probably due to bull run and you are planning to make it a full time job, I believe that's completely wrong, most people have not traded futures before during the bear market and they don't know they can easily get liquidated because of high volatility, future trading is completely different from sport trading which you can just hold your coin when their is a bear market, in future trading you can easily get liquidated whenever their is bear market. So as a newbie I will advise everyone to get a Job and don't depend on future trading as a full time job.

jossiel

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Quote from: minairia3 on July 17, 2022, 11:16:12 AM

Quote from: jossiel on July 17, 2022, 10:20:26 AM

Quote from: jakelyson on July 17, 2022, 09:00:22 AM

Trading is not for everyone. Sure there are some who thrives in it but I would not recommend it to someone who have a weak heart.

I won't also recommend it.

Those friends of mine that are asking about trading as they've seen it in some ads and influencers, I'm telling them that don't believe too quickly. It could be a lie and they're just showing their wins but not their losses.

It's not really for a weak heart and with a drop of $10-$100, they're already panicking.

Its not for the masses and not the risk averse I would never recommend to anyone trading futures and margin. My advice to anyone who wants to enter the market, for me, holding is the safest method. In addition to holdings, we can learn more about spot trading if we are really passionate but stay away from futures trading and never try it.

It's okay to hold and trade at the same time but if these people aren't really for futures, they can stay on the spot.

As they hold and trade on spot, they'll learn a lot of things not just related to the market but also with the relation of different news and other events in the community that's impacting the market.

Do not be too hard on yourselves because you see others doing well with futures, it may be for them but not for you.

sklopan

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It is important to understand that trading for work is a very interesting option. With the right approach, you can get excellent results and earn very solid money.

ethereumhunter

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Quote from: jakelyson on July 17, 2022, 09:00:22 AM

Being a full time trader must be the most tiring career ever. You cannot take a break from it because you need to constantly check the market and any news that concerns your trade. And you cannot say it is reliable since you can get rekt as easily as you can make money. One minor mistake or a sudden bad news can get your profit from positive to negative in minutes.

Trading is not for everyone. Sure there are some who thrives in it but I would not recommend it to someone who have a weak heart.

It will depend on how we manage our time to trade because we don't have to check the market's state constantly. And fortunately, we trade on the cryptocurrency market, which can help us to enter and exit the market whenever we want. And if the market conditions are not good, it might be a sign for us to enter the market and buy coins that have the potential to increase sharply in the future.

Only people who have the skills to analyze market conditions can survive and make a profit. And if people want to trade, they should take each trading lesson seriously to improve their analytical skills over time.

Alisha-k

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Future trading as a full time job is like having people gamble as a full time job. remember no analysis is 100% accurate same way no indicator is 100% reliable. Trading in general is better as a part-time job because of the risk involved and the volatility that comes with it. Even signals too fails because trends can change unannounced future trading can cost more than you can afford to lose

Oilacris

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Quote from: seleme on July 17, 2022, 04:47:59 PM

Binance futures as a job? No way, it is a risky business for traders, taking it as a full-time job can be a dangerous choice for life. Especially leaving your daily job and focusing on futures trading can be emotionally challenging for those who are not pros in this field. Risk and money management are two main keys to controlling trading activity, I doubt new traders with few years of market trading experience will handle it easily. Maybe taking it as part-time job can be good choice if the trader has ability to manage his journey. Just my 2 cents.

Part time job or side income would really fit out into this manner but for main job? You are indeed putting your finances on big risk when you do invest or make capital almost all of your funds and savings
considering that not all the times you would really be ending up on being profitable on the market.Volatility could easily fucked you up and i could also consider that this one is almost similar or close to
gambling i would say considering on the leverage or price movement on futures is something that someone could easily handle or bare it out thats why you should think twice or thrice or many times
before you do put yourself into such condition on where you cant really assure the future of your finances unless if you are really that experienced and been through lots of trading and market conditions
which you could really be having that risk management on peak.

seleme

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Binance futures as a job? No way, it is a risky business for traders, taking it as a full-time job can be a dangerous choice for life. Especially leaving your daily job and focusing on futures trading can be emotionally challenging for those who are not pros in this field. Risk and money management are two main keys to controlling trading activity, I doubt new traders with few years of market trading experience will handle it easily. Maybe taking it as part-time job can be good choice if the trader has ability to manage his journey. Just my 2 cents.

Hamphser

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Quote from: CryptoHeadlineNews on July 17, 2022, 01:48:17 PM

Quote from: 325btc on July 10, 2022, 04:53:17 PM

If you get good signals then it can be job

So how is that going to be possible? Do you think all signals are 100% all the time, because if you happens to be lucky on the first signal, how sure are you the next one will be accurate, because in cryptocurrency, nothing is assured, not even the next seconds is assured. So for me I only see Future trading as a passive income and not a full time job, because a job is meant to sustain you financially for a long time but in future trading one can go bankrupt in few seconds. But Binance USDT p2p buying and selling can be seen as a full time job, because there is absolutely zero risk in that

Totally a misconception for some on which they do really believe that someones signals are 100% accurate which it isnt really that right on having that kind of belief since this isnt how it works.

Its not really that bad on making trading as a job or main source of income as long you could able to sustain yourself on doing so but it is really just hard to believe that someone could able to handle out

themselves on prolonging specially on futures trading which we know that it is way more risky than on doing spot trades but well there are people who could actually done this.
Doesnt matter on what kind of trading you are really making yourself do get involved as long you do survive into this market then thats what surely counts.

abel1337

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Quote from: 325btc on July 10, 2022, 11:48:04 AM

Now many people becomes binance full tome time fututrs trader as full time.
Its a good full time job reasons:
All ur earnings on binance debit card instant.
U dont need to go anywhere u cam even do job with smart phone.
I think kids should also learn that in school instead of useless things but good job how to make decent incone without going anywhere or over work.

Maby people now choose to become binance futures trader as full time income.

It's easier to say than done trust me. Are you aware of how many traders lost in futures? I can't even consider trading in futures again after I used it before. You can earn fast but you can be on loss much faster. The risk is just too high especially if you are new to trading. Kids should learn trading at their right age but should be advised not to use real money on it because we know that kids can't handle their emotions well.

It's like you are saying that everyone can be a millionaire if they do a trade or learn it. There are many old traders or have significant amount of experience that still haven't earned their millions yet. It's profitable but it's not easy.

Quote from: 325btc on July 10, 2022, 11:48:04 AM

Also binance is center of crypto without binance i have no idea how to deal with crypto they can close down all other exchangers but if binance stays then crypto stays.
Binance has most logical futures trading facolity for tge futures long short workers.

What about other platforms? Surely binance isn't the only exchange or platform that can provide easy access to learning and earning crypto. We can't deny the fact that many crypto users have used binance as a tool as their gateway in crypto but before binance got their name in the industry, There are many other platforms that is earlier and survive along with binance. Even if binance is gone, Crypto will stay even binance is gone Wink

CryptoHeadlineNews

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Quote from: 325btc on July 10, 2022, 04:53:17 PM

If you get good signals then it can be job

So how is that going to be possible? Do you think all signals are 100% all the time, because if you happens to be lucky on the first signal, how sure are you the next one will be accurate, because in cryptocurrency, nothing is assured, not even the next seconds is assured. So for me I only see Future trading as a passive income and not a full time job, because a job is meant to sustain you financially for a long time but in future trading one can go bankrupt in few seconds. But Binance USDT p2p buying and selling can be seen as a full time job, because there is absolutely zero risk in that

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Quote from: minairia3 on July 17, 2022, 11:16:12 AM

Quote from: jossiel on July 17, 2022, 10:20:26 AM

Quote from: jakelyson on July 17, 2022, 09:00:22 AM

Trading is not for everyone. Sure there are some who thrives in it but I would not recommend it to someone who have a weak heart.

I won't also recommend it.

Those friends of mine that are asking about trading as they've seen it in some ads and influencers, I'm telling them that don't believe too quickly. It could be a lie and they're just showing their wins but not their losses.

It's not really for a weak heart and with a drop of $10-$100, they're already panicking.

Its not for the masses and not the risk averse I would never recommend to anyone trading futures and margin. My advice to anyone who wants to enter the market, for me, holding is the safest method. In addition to holdings, we can learn more about spot trading if we are really passionate but stay away from futures trading and never try it.

Spot is the only good way to make it in crypto. You accumulate whether the market is good or bad with the use of stablecoin. Futures trading profit is tempting when you see yourself becoming very good at spot market but because the volatility can plummet or spike, you'd lose the game.

I have the feeling that the exchange itself manipulates the market to get me liquidated. The market isnlike purposely going to the opposit trend whenever I tried with leverage trading.

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Quote from: jossiel on July 17, 2022, 10:20:26 AM

Quote from: jakelyson on July 17, 2022, 09:00:22 AM

Trading is not for everyone. Sure there are some who thrives in it but I would not recommend it to someone who have a weak heart.

I won't also recommend it.

Those friends of mine that are asking about trading as they've seen it in some ads and influencers, I'm telling them that don't believe too quickly. It could be a lie and they're just showing their wins but not their losses.

It's not really for a weak heart and with a drop of $10-$100, they're already panicking.

Its not for the masses and not the risk averse I would never recommend to anyone trading futures and margin. My advice to anyone who wants to enter the market, for me, holding is the safest method. In addition to holdings, we can learn more about spot trading if we are really passionate but stay away from futures trading and never try it.

jossiel

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Quote from: jakelyson on July 17, 2022, 09:00:22 AM

Trading is not for everyone. Sure there are some who thrives in it but I would not recommend it to someone who have a weak heart.

I won't also recommend it.

Those friends of mine that are asking about trading as they've seen it in some ads and influencers, I'm telling them that don't believe too quickly. It could be a lie and they're just showing their wins but not their losses.

It's not really for a weak heart and with a drop of $10-$100, they're already panicking.

pawanjain

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Nothing lasts forever

Quote from: 325btc on July 10, 2022, 11:48:04 AM

Now many people becomes binance full tome time fututrs trader as full time.
Its a good full time job reasons:
All ur earnings on binance debit card instant.
U dont need to go anywhere u cam even do job with smart phone.
I think kids should also learn that in school instead of useless things but good job how to make decent incone without going anywhere or over work.

Also binance is center of crypto without binance i have no idea how to deal with crypto they can close down all other exchangers but if binance stays then crypto stays.
Binance has most logical futures trading facolity for tge futures long short workers.

Maby people now choose to become binance futures trader as full time income.

I must say that the most amount of losses made in crypto are from futures and options trading.
So I would definitely recommend that kids should be made to learn futures trading.
They can be given an insight of trading and awareness on financial management but not trading futures.
That is something of an individuals choice and should be learn only if the person is willing to take risks.

Topic: Many people become binance futures full time traders as job - page 3. (Read 825 times)