Many people become binance futures full time traders as job

[xSkylarx]

Futures trading is considered a very risky activity and should not be pursued as a full-time profession. That's a bad idea.

Most newbies think that doing futures or leveraged trading is a ticket to become a millionaire quickly. They think it's easy profit because of the leverage making your small capital earn huge. They didn't experience a loss yet that will make them realize their mistake and trading futures should not be considered a full time job. Even experienced traders don't recommend to do it because they know how risky it is.

[palle11]

Futures trading is considered a very risky activity and should not be pursued as a full-time profession. That's a bad idea.

Most newbies think that doing futures or leveraged trading is a ticket to become a millionaire quickly. They think it's easy profit because of the leverage making your small capital earn huge. They didn't experience a loss yet that will make them realize their mistake and trading futures should not be considered a full time job. Even experienced traders don't recommend to do it because they know how risky it is.

Apart that to say trading is lucrative when you get it right but no man does just one kind of job and become rich, you can feed yourself but not the extent of becoming rich with just one income. As a trader it is needed that you also try to make living from other means . Trading is not always profitable so you can survive during the time of bad trade from other means of diversify income.

[Wexnident]

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.

Well if they know what they're doing and they have the time to do so, then yes it is indeed a job that you can profit off of pretty well. That's why trading is also a job in general really, as long as you have the time, skills, and budget to start off your road, you can pretty much do it. It's rather easy and quick for one to go bankrupt though, especially with crypto.

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.

Yea no. It's like teaching art students famous art styles cause they're tried and tested. They have their own skills and judgments so that wouldn't really work. Maybe if it were a static type of job, but futures (or investing in general) is a rather dynamic type of thing, it's quick to change and different ideas and strategies are used for different projects/investments.

[rozak]

Apart that to say trading is lucrative when you get it right but no man does just one kind of job and become rich, you can feed yourself but not the extent of becoming rich with just one income. As a trader it is needed that you also try to make living from other means . Trading is not always profitable so you can survive during the time of bad trade from other means of diversify income.

Even if done correctly, futures trading is still a big risk. I also trade futures, but not for big money. just looking for a small daily profit. because in futures trading, the moment is very important. when we are late in making plans, then we can lose all our money. people say futures trading is almost the same as gambling even market manipulation is possible there.
there is nothing wrong with trading futures. but remember, to get bigger. we must remain patient with the long-term investment planning that we do.

[Silberman]

Futures trading is considered a very risky activity and should not be pursued as a full-time profession. That's a bad idea.

Most newbies think that doing futures or leveraged trading is a ticket to become a millionaire quickly. They think it's easy profit because of the leverage making your small capital earn huge. They didn't experience a loss yet that will make them realize their mistake and trading futures should not be considered a full time job. Even experienced traders don't recommend to do it because they know how risky it is.

I have always though that using leverage is not a good idea and it is and even worse idea when the ones that are using leverage are newbies, it may seem as if leverage allows those which have a small capital to earn big but they are only seeing what they want out of it as they are not taking into account the massive risks they are incurring by using leverage, so while in order to make money they need to accurately predict what the market will do every single time, in order to suffer massive losses only a single mistake is needed, and since no one can predict perfectly what will happen in the markets then the only outcome those people can get is one in which they lose a lot of money due to a single or several mistakes.

[Fivestar4everMVP]

Before Binance, there was a crypto exchange that was the best, Binance came and took that title...
It is very possible that tomorrow, another crypto exchange will emerge that will be better than Binance and will take away the "the best" title from Binance.
So don't speak or act like crypto runs on Binance and without them, crypto is dead, Mt Gox was one of the very first crypto exchange and was the best in their time, they got hacked and eventually died, the price of Bitcoin dropped massively like it was going to die with the exchange, but look where Bitcoin and cryptocurrencies are today.
This is to tell you that if Binance die, another exchange will just take its place and crypto will continue to go on.

[325btc]

Before Binance, there was a crypto exchange that was the best, Binance came and took that title...
It is very possible that tomorrow, another crypto exchange will emerge that will be better than Binance and will take away the "the best" title from Binance.
So don't speak or act like crypto runs on Binance and without them, crypto is dead, Mt Gox was one of the very first crypto exchange and was the best in their time, they got hacked and eventually died, the price of Bitcoin dropped massively like it was going to die with the exchange, but look where Bitcoin and cryptocurrencies are today.
This is to tell you that if Binance die, another exchange will just take its place and crypto will continue to go on.

Mt gox was inside job and those things done by wall street kind of people and CEO-s those places are just a pupets in the game its all organized and your money will go to rich hands the hacking was hoax just other inside job.

[kamvreto]

The world is spinning and when the time comes, everything will be replaced with a new one.
I admit binance is currently the largest and most used exchange.
Many traders benefit from trading spot or futures on Binance. But don't trust all of Binance, because it will be very risky. We don't know when a sad event like MT.Gox will happen again, maybe binance or maybe on another exchange and end up having to close with a lot of losses.
and if you really want to become a full-time trader, then pay attention to what risks can occur. Don't just look at the benefits, but see what the risks are. Futures trading carries a higher risk than spot trading. Must really be able to do market analysis well, not just guessing. Don't bet your money just for guesswork.

[Silberman]

The world is spinning and when the time comes, everything will be replaced with a new one.
I admit binance is currently the largest and most used exchange.
Many traders benefit from trading spot or futures on Binance. But don't trust all of Binance, because it will be very risky. We don't know when a sad event like MT.Gox will happen again, maybe binance or maybe on another exchange and end up having to close with a lot of losses.
and if you really want to become a full-time trader, then pay attention to what risks can occur. Don't just look at the benefits, but see what the risks are. Futures trading carries a higher risk than spot trading. Must really be able to do market analysis well, not just guessing. Don't bet your money just for guesswork.

I think the same, we do not know when binance could enrage a government or something and suddenly the exchange and all its servers are confiscated and now people will have to go through an incredibly difficult process just to recover their coins, a process which will most likely take years to go through it, so with that in mind people need to be very wary of leaving their coins at an exchange for a long time as this is an scenario that could always happen.

[teosanru]

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.

Do not make the mistake of comparing full time trading with a job or even a business. It's entirely different, very risky and also has a very less probability of success. It's ok to give kids a training about this skill as well and making them well versed with concepts of financial markets, this will obviously help them in deciding their future careers. But one should never think of full time trading as a career option unless he is too passionate about it. I have seen many people coming in trading for money and leaving the markets with not only the money which they already had but with mental peace as well.

[sklopan]

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.

[DoublerHunter]

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.

^ No, I won't.
That is not a job, when you say it is a job, then the outcome is you have a stable source of income. Because you have a job that you have said. It is more preferred to me gambling, not a job because you have to risk your capital and there is capital hoping that it will be grown in just a matter of time.
A full-time trader is very risky, there is no way how to learn the market correctly, everything there is unpredictable and how can you work at it if you don't know how to predict or use a tool to predict.

[Wiwo]

Trading is risky but then some people have built great trading skills over time and binance is one of the world's biggest cryptocurrency trading exchange, the volatility Nature of the cryptocurrency market make it more appealing to contemporary traders who have chosen trading as a means to earn and are now involved in cryptocurrency trading on a passive level.

[livingfree]

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.

It is a job.

But there goes the problem with those newbies that see these professionals are doing the trades and think that it's easy. They're trying and burning a lot of money at the beginning of doing futures.

Which is totally wrong.

They should be calm and chill as they try to learn all about it because that's not how it goes. It's a long process that they have to go until they can say that they're working full time as a trader whether in spot or futures.

[ScamViruS]

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.

Trading is not an easy job, it requires a lot of experience to profit from trading. If an inexperienced person goes into futures trading then there is a high possibility of facing huge losses. So you should do the things about which you have knowledge. So if you start futures trading with little experience, it won't take long for your account to be washed out.

[ethereumhunter]

People can use trading as their income source but before they do that, they should think about learning to trade for more because the market is always changing and without learning every day, they will not make a profit. Trading itself needs more focus, especially crypto trading because if you can have skills in analyzing the market, you can get a bigger profit but with terms and conditions. Future trading is riskier than spot trading and it is not advisable for new people who do not have much experience in trading.

[Ryker1]

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.

Trading is not an easy job, it requires a lot of experience to profit from trading. If an inexperienced person goes into futures trading then there is a high possibility of facing huge losses. So you should do the things about which you have knowledge. So if you start futures trading with little experience, it won't take long for your account to be washed out.

Wel, this is the right and I agree with this.
Trading is not an easy job and trading is not meant for all. Trading also needs and required knowledge before we can be considered a job.
Perhaps I prefer short-term trading, or perhaps scalping which I think is better than the full-time trader.
It is a big mistake if you will consider this as your full time job.

[Oceat]

People can use trading as their income source but before they do that, they should think about learning to trade for more because the market is always changing and without learning every day, they will not make a profit. Trading itself needs more focus, especially crypto trading because if you can have skills in analyzing the market, you can get a bigger profit but with terms and conditions. Future trading is riskier than spot trading and it is not advisable for new people who do not have much experience in trading.

Not everyone will be a full time trader because it takes more than what they thought they would do. It requires a strong patience that no one could break it no matter what is the market situation and is knowledgeable plus with experience of the current market and not just someone who just bump into the market. It needs a dedication to become a full time trader which means you love what you are doing despite of the FUD and negativity people thrown at the market since you know to yourself that you can do it on your own way without their help.

[adaseb]

I’ve been doing trading since the global finance crisis of 2008 and whenever someone wants to be a trader I tell them to think again. When you first start it seems easy but you will quickly realize that there is more to it than that.

Leverage is not the problem with most traders. There are many who don’t make money trading without leverage. The issue is due to fear and greed in trading which makes it difficult. Like I said before, if it was easy everybody would be doing it.

[ethereumhunter]

People can use trading as their income source but before they do that, they should think about learning to trade for more because the market is always changing and without learning every day, they will not make a profit. Trading itself needs more focus, especially crypto trading because if you can have skills in analyzing the market, you can get a bigger profit but with terms and conditions. Future trading is riskier than spot trading and it is not advisable for new people who do not have much experience in trading.

Not everyone will be a full time trader because it takes more than what they thought they would do. It requires a strong patience that no one could break it no matter what is the market situation and is knowledgeable plus with experience of the current market and not just someone who just bump into the market. It needs a dedication to become a full time trader which means you love what you are doing despite of the FUD and negativity people thrown at the market since you know to yourself that you can do it on your own way without their help.

Not everyone has the patience to learn to trade, trade the market, wait for market prices to change and so on. But people who bought bitcoin a while ago can smile happily because the bitcoin price is now back to the $21k level. And if this can continue to increase, people will make huge profits but it depends on what price they will sell the bitcoins at.

Being a full-time trader may be reliable but we must always remember that the crypto market can change at any time and we must also be prepared for that. As long as we are not influenced by negative news outside, we can analyze and determine when to enter and exit the market.