👨🍳 Today's Menu: Real profits or smoke in the kitchen? 💨🥘
You have probably seen captures like those from Crypto pro, where the numbers shine brighter than a freshly polished stainless steel kitchen. $6.4 every hour, $153 a day, $55,000 a year "for free". Sounds like the feast of our lives, right?
But as responsible chefs, we must look beyond the presentation of the dish and check the list of ingredients:
The Hidden Spicy: If you look down at the image, you'll see a small detail: a Long Opening operation with a -607.61%. That's not a spice, that's a fire in the kitchen. 📉🔥
The Recipe of Futures: What you see above are Funding Fee payments. Yes, they pay you for holding a position, but if the price of the coin ($SOL) moves against you, the "cost of the place" (losses from liquidation) can be much higher than what you earn per hour.
The Mirage of "Free": In trading, nothing is free. Those $6.4 per hour are the result of having a high-risk open position. If the market turns, the chef runs out of ingredients and restaurant.
Chef's Note: Don't be dazzled by the plating. Before trying a "high-impact passive income" recipe, check if you have the fire extinguisher handy and if your risk management is appropriate.
What do you all say? Would you eat this dish assuming the risk of getting burned, or do you prefer a slower and safer cooking in Spot/Earn? 👇
#BinanceSquare #CryptoCooking #TradingTips😋 #WriteToEarm
You have probably seen captures like those from Crypto pro, where the numbers shine brighter than a freshly polished stainless steel kitchen. $6.4 every hour, $153 a day, $55,000 a year "for free". Sounds like the feast of our lives, right?
But as responsible chefs, we must look beyond the presentation of the dish and check the list of ingredients:
The Hidden Spicy: If you look down at the image, you'll see a small detail: a Long Opening operation with a -607.61%. That's not a spice, that's a fire in the kitchen. 📉🔥
The Recipe of Futures: What you see above are Funding Fee payments. Yes, they pay you for holding a position, but if the price of the coin ($SOL) moves against you, the "cost of the place" (losses from liquidation) can be much higher than what you earn per hour.
The Mirage of "Free": In trading, nothing is free. Those $6.4 per hour are the result of having a high-risk open position. If the market turns, the chef runs out of ingredients and restaurant.
Chef's Note: Don't be dazzled by the plating. Before trying a "high-impact passive income" recipe, check if you have the fire extinguisher handy and if your risk management is appropriate.
What do you all say? Would you eat this dish assuming the risk of getting burned, or do you prefer a slower and safer cooking in Spot/Earn? 👇
#BinanceSquare #CryptoCooking #TradingTips😋 #WriteToEarm
