Been trading crypto for three years but mostly freelance stuff. Market’s been rough lately and thinking about getting a proper trading job.
Wondering if prop firms or exchanges are still hiring during this downturn or if everyone’s just waiting it out.
Exchanges are definitely still hiring but they’re pickier now. Got a buddy who landed a spot at a mid-tier exchange last month after getting rejected everywhere during the peak bear market months.
The trick is highlighting your risk management over your profit numbers. Anyone can make money in a bull run but surviving three years means you know when to cut losses.
Don’t sleep on traditional finance either. Worked with a few guys who jumped from crypto to forex prop firms. The volatility experience translates well and they’re less saturated with applicants right now.
Timing is actually decent since most retail crypto traders bailed out. Firms know the people still applying have staying power.
Prop firms love traders who survived crypto winters.
Market makers and quant firms are hiring. Crypto experience helps with volatility management across other markets too.
Some exchanges are actually expanding their trading teams right now because they need experienced people who understand how to navigate volatile markets.
The key is showing you can adapt your strategy when conditions change, not just that you made money during the good times.
Look into market making roles too since your crypto background gives you an edge with digital assets that traditional traders might not have.
Bear markets create opportunities at trading firms. They need people who can manage risk and find profits when retail traders lose money.
Prop firms often expand during downturns because volatility means more trading chances. Your three years of experience is valuable compared to beginners who started during the bull run.
Focus on firms that trade multiple markets, not just crypto. Demonstrate your understanding of position sizing and risk management. Most firms prioritize your ability to limit losses over catching the next pump.
Apply now while competition is lower.