Everyone tells you that you can make 100s of dollars on binance with just 10$ but they never tell you the dark side.
🥇 Firstly, if they tell you that you can do it in one day, that is only possible with future trading, which completely Haram, and i am writing thus keeping in mind that most of my audience in Muslim.
the reason is that future trading include speculation and loans aling with gambling similarities. So the majority of muslim scholars give the verdict of it being haram.
🥈 Secondly, the greater the profit the greater the risk. even though your balance can 5x or 10x and more, it can also disappear completely, or in other words get liquidated. This can put you in a diffiult spot as you might need to pay thousands of dollars in debt.
In conclusion, it is better that you either stick with spot trading and spot grids along with airdrops and other low risk methods or watch yourself get ruined by a moment of bad decision making skills.
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