If you are trading crypto, you are likely well aware of the many avenues to trade coins, whether you're interested in DeFi, Spot & Margin coin trading, or derivatives - one thing is for certain when it comes to compounding profits, derivatives rule them all.

Yes, it is true - as much as I love and enjoy the technological utility and promise of so many of these alt coin projects, I have sold off all the coins in my purse to focus on...derivatives.  Yes, BTC and ETH derivatives.

Why is that?

Well - instead of worrying about how many coins you can stuff into your bag, the perspective on the market shifts so you see money making opportunities no matter what the market is doing.  Bullish or Bearish - it doesn't matter, since you are trading on the price movement of the underlying asset, instead of the asset itself, you don't have to worry about your profits disappearing when BTC or ETH correct or take a swan dive down the charts.  The BTC bull run is going to end, and the Bears are going to have their turn, and you can still make a ton of money.

How is this different than margin trading?

Main difference is, you are not taking out leverage to acquire more coins.  With derivatives, you are leveraged in your trading and are more concerned about the moves the market is making in order to turn more profit.  Undervalued assets are not a concern.  No FOMO.  No having to worry about fundamental analysis of alts to see if aside from market performance that the project is actually going anywhere or is sustainable.  (If you want to, by all means - there is an entire universe out there and not one strategy fits everyone's needs and goals!)

The Spot market informs the derivatives market, obviously - but BTC or ETH dipping into a deep correction isn't going to hurt you, nor is a spike and big upward impulse going to box you out of getting into the market to make money.

I've started with this strategy and employing a simple technical trade system (significantly cutting the number of indicators I use to a whopping 1 - just the VWAP), I have been profitable every single day.  I expect to double my account by the end of the month, and will continue to double it monthly.

I'm a fairly risk-averse trader so margin coin trading was something that was a bit off-putting to me.  I'd rather "invest" in alts vs. trade them because of the volatility in the crypto world, it is likely that what is glittering one day reveals itself to not be gold at all.  Truly understanding how the market functions is going to make those feelings of fear and anxiety dissipate, so I'm not afraid of leveraging my trades - am risk aware and relaxed, the best combination for winning trade positions.

If you are new to trading, or want to explore different trading strategies and not get your @$$ kicked and have the whales take your lunch money with wild guesses, or throwing your money away on pump groups, signal groups, and more.  I would highly recommend that you hire a coach!  If you don't want to hire a coach - stick with staking and yield farms in DeFi.

No, seriously.

It is a high-performance skill.  If you don't have a successful mentor helping you out, you're going to be stuck!

I love to trade on ByBit - the best crypto derivatives exchange on the net.  The KYC features make things difficult for folks in the US, and if you are not one of those folks that has an offshore company established to hold that account, not to worry, I got you.  I love trading on Phemex - no KYC requirements, and if you are in the US, just turn on a VPN and choose a country that allows you to trade CFDs (UK and Australia come to mind, but almost any country in the EU and the ASPAC regions are open to that).

If you want to get started, on ByBit or Phemex - feel free to use my referral link and you can cash in on some really good rebates and bonuses (who doesn't like free money for trading?):

https://partner.bybit.com/b/SpaceFaerie
https://phemex.com/account/referral/invite-friends-entry?referralCode=I8AUQ7 (Complete Advanced KYC and be entered in to share a pool of $66k USD in prizes)

Feel free to DM or comment with any questions, and happy trading!