in theory one can double this amount each day, so you would reach astronomical profits for such an activity like binary options. But that’s only a theoretical possibility. For example, in football, it is possible to score 2 goals in a minute. There were more such experiences. However, we all know that there is no match that ended with 180 scored goals. It is simply impossible on a practical level.
Moreover, I would say it is much more probable for an average football team to score 50 goals in a match than a professional trader make considerable profits with binary options. Your knowledge about binary options comes from all these cheap scammy services from the Internet, that require your money for an easy trading experience, where you are simply expected to predict the price direction. Well, it sounds easy and profitable only because you have to be their victim - otherwise they wouldn't expand their business so much. Binary Options is more like gambling, probably a more arrogant and rude form of gambling because the gambling services act naturally like a gambling service, but the binary services want to be an ‘investment’ opportunity - which is funny and sad.
It's scam
Seriously dude...its not scam
I would just invest in normal options. There is a lot more opportunity in my opinion.