[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 26 KB, 331x334, egopepe.jpg [View same] [iqdb] [saucenao] [google]
29950799 No.29950799 [Reply] [Original]

If I were to live forever I would of course just hold, and preoccupy myself until the day came I could take profits at a life changing level.

But no one lives forever - the hold meme is just risk mitigation at the expense of time. Isn't time supposed to be the most valuable thing we have? Why the fuck would I trade it away?

If I'm willing to take on all the risk there is, what's the de facto way of making it? All inning on one coin and holding until it blows up or you blow your brains out?

Accumulating with 100% of your discretionary income something like Algo or GRT where you can build the passive income?

Dedicating hours everyday to researching and swinging to build your initial investment?

Think from the perspective of a single man making 60-80k. I have a cushy corporate job, but I'm feeling the mental rot accumulate.

>> No.29951033

Take $10k and put it Stoic or some other bot. Over time it’ll probably generate higher profits than you day trading.

But seems you are chasing the rush, the highs, do future trading with 125x leverage.

>> No.29951088

>>29951033
Don't do a x125 leverage to start. And only do it during a pump.

You need a lot of capital for Binance to let you even be that degenerate.

>> No.29951209

>>29951088
you can trade 125x leverage with $10 and a $100 Futures account balance. A talented trader will almost always outperform a bot unless it's backed by institutional brain power like a typical hedge fund.

>> No.29951419
File: 16 KB, 345x257, Screenshot (2).png [View same] [iqdb] [saucenao] [google]
29951419

>>29951088
No...you can only have $400 in margin at 125x because the max position size is 50k. At 5x max position size is 50 million so you could have 10 million in margin...The only people who talk about leverage that high are retards who have literally never even looked at futures I guess lol.

>> No.29951538

>>29951033
is binance the best platform for future trading? worth the hassle of operating out of a vpn as a burgerfag?