03-30-2022, 09:00 PM
Just had an interview with AlphaChain to become a ‘Crypto Trader’ and it was ter
<!-- SC_OFF --><div class="md"><p>I recently made a post about applying to various crypto jobs ( <a href="https://np.reddit.com/r/CryptoCurrency/comments/tew8ga/im_going_to_apply_to_as_many_crypto_jobs_as/">post here</a> ) so I and have been taking interviews. One of the companies is called AlphaChain (<a href="https://alphachain.co.uk/">https://alphachain.co.uk/</a>) and I just got off a Zoom call with their, what I can only imagine to be there hiring manager. </p> <p>First off, the only reason I got this interview is because the company charges £2,250 ‘as an investment’ to learn a 1 month course (10-15 hours a week) to learn MetaTrader4, an electronic trading platform widely used by online retail foreign exchange speculative traders. After the course and a forward/back tested trial period you are granted a trading account of $10,000, that can ‘grow’, on which you make 50% profits. Sounds great, no? No. </p> <p>You only get to trade 5 crypto’s at the moment (presumably the top 5), but that they are going to bump that up to 25 (out of the top 50) next year depending on volatility. </p> <p>The interviewer, who was in Dubai at the time, said he had only been working for the company for 7 months, and CLEARLY did not care about any of the answers to my questions. </p> <p>I told him I was in my last year of my PhD candidacy, to which he say, “oh okay you study” – an infuriating belittlement of 4 years of project management, formal academic journal writing, tutoring students, data analysis, and much more – but whatever, non-academics make that shitty comment all the time. He didn't even ask my age which was a red flag. </p> <p>He kept saying I get to ‘work with major players’, always quoting their portfolio values (he must have said the phrase ‘millions of dollars’ about a dozen times) and kept repeating that the managers give ‘1:1 trading’ and will ‘share knowledge’ with me as if that’s a godsend. </p> <p>I asked what the turnover rate is for employees – he said they do not have ‘employees’ they have ‘self-employed traders’. Okay, so I asked what the turnover rate is for ‘self-employed traders’ – he said he did not have the information. </p> <p>I asked how many traders progress past the first $10K stage – he said he did not have the information. </p> <p>I asked what the growth rate of the company is - he said he did not have the information. </p> <p>At the end of the interview he agreed to schedule me for interview 2/2 which will be a 20min live presentation of one of the managers using MetaTrader4, and then a Q&A session that I should prepare questions for. To not seem rude, I agreed to have it next week. </p> <p>What do you guys think? Have any suggestions for the types of questions I should ask during my next interview? I have very little intention of taking this job, as it just feels like a $3000 trading course cash grab, but hey, what is 30min of my time to learn what’s out there?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Jxntb733"> /u/Jxntb733 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ts5f11/just_had_an_interview_with_alphachain_to_become_a/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ts5f11/just_had_an_interview_with_alphachain_to_become_a/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I recently made a post about applying to various crypto jobs ( <a href="https://np.reddit.com/r/CryptoCurrency/comments/tew8ga/im_going_to_apply_to_as_many_crypto_jobs_as/">post here</a> ) so I and have been taking interviews. One of the companies is called AlphaChain (<a href="https://alphachain.co.uk/">https://alphachain.co.uk/</a>) and I just got off a Zoom call with their, what I can only imagine to be there hiring manager. </p> <p>First off, the only reason I got this interview is because the company charges £2,250 ‘as an investment’ to learn a 1 month course (10-15 hours a week) to learn MetaTrader4, an electronic trading platform widely used by online retail foreign exchange speculative traders. After the course and a forward/back tested trial period you are granted a trading account of $10,000, that can ‘grow’, on which you make 50% profits. Sounds great, no? No. </p> <p>You only get to trade 5 crypto’s at the moment (presumably the top 5), but that they are going to bump that up to 25 (out of the top 50) next year depending on volatility. </p> <p>The interviewer, who was in Dubai at the time, said he had only been working for the company for 7 months, and CLEARLY did not care about any of the answers to my questions. </p> <p>I told him I was in my last year of my PhD candidacy, to which he say, “oh okay you study” – an infuriating belittlement of 4 years of project management, formal academic journal writing, tutoring students, data analysis, and much more – but whatever, non-academics make that shitty comment all the time. He didn't even ask my age which was a red flag. </p> <p>He kept saying I get to ‘work with major players’, always quoting their portfolio values (he must have said the phrase ‘millions of dollars’ about a dozen times) and kept repeating that the managers give ‘1:1 trading’ and will ‘share knowledge’ with me as if that’s a godsend. </p> <p>I asked what the turnover rate is for employees – he said they do not have ‘employees’ they have ‘self-employed traders’. Okay, so I asked what the turnover rate is for ‘self-employed traders’ – he said he did not have the information. </p> <p>I asked how many traders progress past the first $10K stage – he said he did not have the information. </p> <p>I asked what the growth rate of the company is - he said he did not have the information. </p> <p>At the end of the interview he agreed to schedule me for interview 2/2 which will be a 20min live presentation of one of the managers using MetaTrader4, and then a Q&A session that I should prepare questions for. To not seem rude, I agreed to have it next week. </p> <p>What do you guys think? Have any suggestions for the types of questions I should ask during my next interview? I have very little intention of taking this job, as it just feels like a $3000 trading course cash grab, but hey, what is 30min of my time to learn what’s out there?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Jxntb733"> /u/Jxntb733 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ts5f11/just_had_an_interview_with_alphachain_to_become_a/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ts5f11/just_had_an_interview_with_alphachain_to_become_a/">[comments]</a></span>Kind Regards R