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Topic: are the majority of the people part time traders? (Read 849 times)

full member
Activity: 476
Merit: 100
I mean of all the people who are trading do majority just do it as a side job for just a little profit or most of the traders dedicated traders who don't have any side jobs?
What type of trader are you?


Trading really needs a substantial amount of time so I think majority do it full time. Those who are now unemployed and now focusing on trading. You can only make it as a part time if you are on a long term.
full member
Activity: 490
Merit: 100
I am type of part time trader because I don't have much free time.. I am to be trader or earner bitcoin just to make extra income and support my family financial.. trading and earning bitcoin are the most promising side job I've ever done..
sr. member
Activity: 602
Merit: 255
I mean of all the people who are trading do majority just do it as a side job for just a little profit or most of the traders dedicated traders who don't have any side jobs?
What type of trader are you?

For me I just want to trade or a part time trader. But mostly some people are getting mad, just like iam getting nervous when iam on trade. It get me more feel nervous and feel scared. But mostly for them it's a job that getting through a lot of profit to shown.






The majority of people doing part time job as trading.It's a good one for the part time job,you can keep your certain percentage of income in bitcoin trading.It will be the secured one.Even If you lose some money,you job will support you.
So at first start to trade with part time,if you get good knowledge about trading,you can do for full time.
full member
Activity: 462
Merit: 100
I mean of all the people who are trading do majority just do it as a side job for just a little profit or most of the traders dedicated traders who don't have any side jobs?
What type of trader are you?

For me I just want to trade or a part time trader. But mostly some people are getting mad, just like iam getting nervous when iam on trade. It get me more feel nervous and feel scared. But mostly for them it's a job that getting through a lot of profit to shown.
sr. member
Activity: 756
Merit: 251
I'm a part-time trader. I'm checking my trade once in a while. I think majority are part-time traders. Many people do it part-time to have time also for their other endeavors. Besides for normal traders they just have to leave it once in a while to wait for the right time or price. For some also, they took it as part-time to have time for work or other businesses.
legendary
Activity: 2170
Merit: 1427
Due to my experience, people are mostly part time traders, they invest their savings and try to gain a bit on trading, but majority lose finally

In most cases stock markets can't be compared to how Bitcoin's market behaves, but in this case it's pretty easy to assume that the same applies to Bitcoin. I have read a well written article where it describes how 95% of the people end up losing, and the other few percent are the 'smarter' traders taking advantage, and the top 1-2% are institutions and other professional parties scooping up the extreme majority of the profits. In other words, 95% of the traders fill the jar with money that the other 5% starts eating from.
full member
Activity: 686
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
I mean of all the people who are trading do majority just do it as a side job for just a little profit or most of the traders dedicated traders who don't have any side jobs?
What type of trader are you?

That's me, side job trader. But I have faith trader is my life direction, soon. I don't have any data about how many people doing trade as full time or side job but I believe side job is because they don't have enough faith about trading it self. Just like gamble, wasting time or just fun with their money. Side job or full time job is not a big problem because it's worth to change life. Keep going and good luck to all trader.
full member
Activity: 966
Merit: 153
Most traders are basically part time traders who have a side jobs. Though you may find few who are trading full times. The reason why most traders are part time traders is because trading does not take up much time but requires some or few of our time. Or else if the trader has a big or many buyers which don't give him/her that much chance. If you research properly, you will find out that most traders are student whom are trading and schooling at the same time.
hero member
Activity: 1274
Merit: 516
I think most of the traders are just doing it for side job, most of the traders just  follow the signal traders, or just pick a coin by rumours, only small part of the traders are full time traders, and it's possible to make a living by trading crypto, the volatility and the wide variety of the coins making the possibility of earning profit become high
full member
Activity: 196
Merit: 122
Yes i think, most of the people are treating trading as sideline but there are some people are do trading as their primary source of income specially for those people who are having more time to focus monitoring the trend of value in coinmrketcap. But me i am also sideline trader since i have regular work i only do holding and trade for long term.
member
Activity: 630
Merit: 10
Due to my experience, people are mostly part time traders, they invest their savings and try to gain a bit on trading, but majority lose finally
hero member
Activity: 2520
Merit: 605
I mean of all the people who are trading do majority just do it as a side job for just a little profit or most of the traders dedicated traders who don't have any side jobs?
What type of trader are you?

Yes, many traders are just improvised gamblers. They don't understand trading is a serious and very difficult job, that's why they end up losing.
I don't trade since I don't have much time to learn it. Better to buy and hold.
Absolutely right! A lot of traders really do not have any strategy and that is exactly gambling and not trading. However, for those who have good knowledge about trading, they are doing well for themselves as there is lot of opportunities to get from the trading world.

Trading is different and it depends on the path each trader wants to thread, but with some knowledge, you really do not need too much time to make a good trade.
Time is the most fundamental thing not only in case of trading but in all the tasks which you want to do in the real world. Most of the traders failed to make some good amount of money from trading only because of the reason that they failed to manage their time properly and that they were not giving proper time to trading. Trading cannot be treated like part time job and you do need to give proper time.
full member
Activity: 2408
Merit: 202
I mean of all the people who are trading do majority just do it as a side job for just a little profit or most of the traders dedicated traders who don't have any side jobs?
What type of trader are you?

i'm also working in trading buy and sell strategy as day trader good profit i can get but sometimes have loses, trading is very serious job have a risk if you donot work well, aside for trading i also working in the signture campaign as participant.
sr. member
Activity: 420
Merit: 282
I mean of all the people who are trading do majority just do it as a side job for just a little profit or most of the traders dedicated traders who don't have any side jobs?
What type of trader are you?

Not the majority of them are traders. Only a few of the people doing trading professionally. If you mean selling crypto as being a trader, then it's right, they're all traders in the society.
In fact, it seems the crypto world is full of gamblers who call themselves traders. Most people who are just looking for ways to double their money end up finding out they can make some cool money trading and they think it is just about buying low and selling high. I really want to know how that is working out for some of them anyway.

Trading in part time depends as there are several ways people are doing their own trade, depending on the time on their hands. For someone like me, it is a side job and my style of trading does not really take too much. I only need to analyze the charts, look at trends and then set alarm on the price that I am sure would be the best buy and set my order, then go ahead with my daily activities.





The majority of the people are part time traders because in bitcoin  trading is main process so if you may use bitcoin means and you must know this about trading and then only you will trade because  so trading including the process of selling and buying , most of people doing this as a part-time trade because at side by side to get some income with bitcoin.

In my sight most of the people trade because they want to increase the numbers of their income in the future. I think it might better to used trading investment compared with the others. Because in trading fluctuation of bitcoin together with the other altcoins was too fast so it means earning profit was too fast also.
full member
Activity: 258
Merit: 104
No, i dont think so.

I have been holding and buying bitcoins for more than months, even years, and i have only traded a few times, only when i had the opportunity to make some money.

And maybe there are some people who do not even know how to trade.
sr. member
Activity: 602
Merit: 255
I mean of all the people who are trading do majority just do it as a side job for just a little profit or most of the traders dedicated traders who don't have any side jobs?
What type of trader are you?

Not the majority of them are traders. Only a few of the people doing trading professionally. If you mean selling crypto as being a trader, then it's right, they're all traders in the society.
In fact, it seems the crypto world is full of gamblers who call themselves traders. Most people who are just looking for ways to double their money end up finding out they can make some cool money trading and they think it is just about buying low and selling high. I really want to know how that is working out for some of them anyway.

Trading in part time depends as there are several ways people are doing their own trade, depending on the time on their hands. For someone like me, it is a side job and my style of trading does not really take too much. I only need to analyze the charts, look at trends and then set alarm on the price that I am sure would be the best buy and set my order, then go ahead with my daily activities.





The majority of the people are part time traders because in bitcoin  trading is main process so if you may use bitcoin means and you must know this about trading and then only you will trade because  so trading including the process of selling and buying , most of people doing this as a part-time trade because at side by side to get some income with bitcoin.
legendary
Activity: 1232
Merit: 1029
I mean of all the people who are trading do majority just do it as a side job for just a little profit or most of the traders dedicated traders who don't have any side jobs?
What type of trader are you?

Not the majority of them are traders. Only a few of the people doing trading professionally. If you mean selling crypto as being a trader, then it's right, they're all traders in the society.
In fact, it seems the crypto world is full of gamblers who call themselves traders. Most people who are just looking for ways to double their money end up finding out they can make some cool money trading and they think it is just about buying low and selling high. I really want to know how that is working out for some of them anyway.

Trading in part time depends as there are several ways people are doing their own trade, depending on the time on their hands. For someone like me, it is a side job and my style of trading does not really take too much. I only need to analyze the charts, look at trends and then set alarm on the price that I am sure would be the best buy and set my order, then go ahead with my daily activities.
full member
Activity: 448
Merit: 100
Diagon
There are a lot of people making deals on exchanges. But I do not consider them traders. Traders are the ones who are engaged in this constantly and live at the expense of it. Even if it is not his permanent or basic work.
full member
Activity: 280
Merit: 110
I dont think there is such a thing as a part-time trader. I`ve tried doing trading on my spare time and just failed. I thought that i know enough to do and that it  isvery simple but that is the feeling you get when yu see grapgh from the past. The real art is to see in the future and to predict what might go up and for this , i think, you must dedicat all youre time. If you want to do a thing good you must pursue it with all youre available time.
I`ve learned this the hard way loosing 80% of my portofolio and i was ready to give up but i said to give it another go and become a holder. Now i`m very pleased of my proffits and consider the money that i`ve lost money invested in my education towards crypto world.
sr. member
Activity: 1400
Merit: 283
I mean of all the people who are trading do majority just do it as a side job for just a little profit or most of the traders dedicated traders who don't have any side jobs?
What type of trader are you?
Trading has many risks in it and locking your future with it is not a wise thing to do, in addition trading requires a decent amount of money to get started in it, that is why most poeple who are trading cryptocurrencies probably have other jobs as well, because lets say if you are a main bitcoin trader and you made a wrong decesion by selling and the price goes up how are you going to rebuy your coins, unless you have steady flow of moeny it would be the ned of the journey for you, so if you are a trader and you do it as your main job get a real one.
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