WHY SHOULD YOU OPEN MULTIPLE FUTURE ACCOUNTS

When you have a large capital of over 10k, 50k USDT, you should split it into multiple accounts across various exchanges. This helps to reduce risks in this market; if one exchange fails tomorrow, there will be others. Of course, this is unlikely to happen, but no one can predict the future.

Once you have established successful trading principles, you can replicate that model into a chain. For example, if you have successfully applied it on Binance with a profit of 5-10% per month with a capital of 2k or 4k, then you should open another exchange and apply those same trading principles.

Each exchange will have a trading method that is quite similar. Only Bitget is a little different.

When the profit from each exchange reaches 300-500u per month, then from 10 exchanges you will have somewhere around 3,000-5,000u per month. This way, you will have a more comfortable life + income from your main job, and trading Futures can be considered as your accumulation of funds for greater ventures.

The image below is my Binance account on my second phone.

The account was opened on October 20, 2024, and it has been 7 months with a capital of 3,000u. I have applied the trading principles I shared in the previous post.

You can refer to this to build a suitable strategy for your capital account.

In the next post, I will share the profits gained from other exchanges.

Wishing you success.