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Topic: are the majority of the people part time traders? - page 3. (Read 868 times)

hero member
Activity: 798
Merit: 503
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 am a part time trader and even do intermittently because its takes a lot of guts to go in fully which I am yet to garner. Although the profit is there so also the ability and possibility to make unlimited losses so the best is just to take time, learn gradually, make the loses and enjoy the little profit. Another reason why I do part time trading is because of the nature of the job I do that does give time to full time trading but if there is more time, it can be invested into trading.
hero member
Activity: 2310
Merit: 532
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Not really, because very few number of users were skilled to be a cryptocurrency trader. Here, what happens is completely dependent upon the skill as well the patience to handle the market. This is not possible with each and every user, because the price varies unexpectedly and the wrong predictions will lead to great loss.
4U
member
Activity: 195
Merit: 10
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?
It depend on you that how much you want to earn from trade because trade is the fastest way to earn money so if you start to give full time trade you can earn a lot of money and if you want to use it as a part time so you can earn less money so in my opinion bitcoin is safe and sound for daily trade we need to give full time to online trade  and I’m sure that you can earn very big amount from bitcoin same like me because I’m doing online trade full time.
hero member
Activity: 770
Merit: 500
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 am a night trader who doesn't have side jobs. I trade only if there is a sure profit and if the price of the coin that I bought keeps falling, then I do nothing and wait for it to rise again even though it's risky. I am ready for the outcomes, win or lose. Soon I'll look for a decent job and make trading as part time.
You are doing great mate you are working with your full capabilities and you will be rewarded by bitcoin soon there are a lot of people who are around me and doing trading as part time job but they are making much more than they are making monthly in making office and I ask them to left the job they say time will never be same who knows what will be next but I know one thing that bitcoin will stay forever so no need to worry about its future.
jr. member
Activity: 86
Merit: 1
In my opinion that should be decided by one's willingness to earn more coz as if some wants to earn more from crypto trading and has interest in that has to justify with the amount of time that they put in this.That concludes me to two categories one which wants there future in bitcoin and other just to spend there extra time in cultivating way. I think first case has majority with them.
member
Activity: 210
Merit: 10
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i think most of people really are part time traders because most people have their work, but they have their spair to earn more money on crypto, and the number traders fulltime surely very few than part time traders,.
legendary
Activity: 3094
Merit: 1127
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?
Depending on case to case basis since not all people do have work or day stable job which they do really have the time to spend on trading unlike on those people who are just making it as a side income thing. In my case i do make it as a side job which i do end up to be a long term trader because if we do talk about active day trader most of the time you are facing in front of your pc or laptop/mobile because it do require active responses on any price movement.
copper member
Activity: 490
Merit: 105
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The community is filled with different types of people including professional traders, part time traders, campaign promoters, marketers, developers, gamblers, beginners with no luck, fraudsters and hackers etc... I am sure I would have missed many other people. So it is really difficult to say what kind of majority the community has. The part time traders would surely be having a side job as they are part time workers. We can say that majority of people would be part time traders but we can say that majority of traders will be part time workers along side a part time job Grin
sr. member
Activity: 700
Merit: 300
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 think most of the people here or on the crypto market are just making money from the crypto trading as part time job. Most of us have real job with real fiat salary which we are trying to grow into something bigger putting it into online trade positions. That is how it is working really and thus in the future that is to come the condition would be the same and new people will do the same after knowing this market.

In Asia countries like India, China I have seen a different trend where people who are salaried personnel try to invest into stock exchanges and share market along with the job in the want of increasing the wealth they are carrying. Now a days the crypto has opened up new market for such people and I'm sure there more real trader Thant he pseudo traders.
full member
Activity: 145
Merit: 100
I'm certainly a part time job trader since i don't really have the funds or the time to make a full time job out of it . Profit can vary a lot and i don't believe that i should only have an internet job . A real job will keep me in the society and make me legible for lots of things that need a real pay check .
sr. member
Activity: 574
Merit: 251
How can we decide the percentage of part time or fulltime traders? Bitcoin exchanges are the main platform of trading activityFull time traders are professionals, they do trading activity in exchanges, sometimes they work for exchanges, and exchanges pay them salary for the same. Some are part time traders they do trading activity on their own while doing their main job. Some traders are just gamblers; they do trading activity without any prior study. Bitcoins rising price attracting many part time traders towards it, they do this trading activity to earn extra income.
full member
Activity: 294
Merit: 114
I'm a type of trader that considered this venture as a part-time job or hobby, and I do believe that a large percentage of traders does the same thing. Except for those people who started during Bitcoins earliest days, where they have full advantage of harvesting coins (investments). I have a regular work that I can't focus on monitoring the market price every single minute or hour. I'm more into buying coins and hold for such a period of time until it reaches my desired target value, which I will sell and buy again, if I think that the price is low and reasonable.
copper member
Activity: 4
Merit: 0
I think most people are long-term hodlers, if anything.
sr. member
Activity: 1512
Merit: 316
Side Job, buy, wait signals and sell.
My core job is a farmer, when bitcoin crash, economy crash, internet crash, my farm will still produce food for me and my family. Cheers!

I know many of my friends has actually now into full time trading or some business related to cypto currency. And rightly they made decision because this surge in btc price has helped them made some money which ideally they would not have made during the whole year.

Yes some might be doing it as a part time as well like on weekend when they have a holiday so they can earn some money for the weekend expenses.
full member
Activity: 462
Merit: 101
A lot of people are trading with the main job. But for a successful trade you need to constantly be in the market, monitor it. And if you have the main job, then this will not work. If you learn how to trade, then you can throw the main job and make the main job - trading on the stock exchange.
sr. member
Activity: 1064
Merit: 265
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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 am agree with you.I think , majority of the people 90% are part time trader.But few people only trade.They don't do any others job.But they are very expert and they have huge knowledge about trading.And I am part time trader Smiley
full member
Activity: 124
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?

I'm part time, I can't find spare time to become a full time trader. This is like my hobby to manage my assets only. I can spend only 45 minutes a day in total. I hope I can increase the time I spend on trading.
full member
Activity: 254
Merit: 110
Side Job, buy, wait signals and sell.
My core job is a farmer, when bitcoin crash, economy crash, internet crash, my farm will still produce food for me and my family. Cheers!
hero member
Activity: 966
Merit: 507
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 am convinced that most of those who are part of this business are newcomers fascinated by the possibility of becoming rich through trading, with no more weapons or strategies than their enthusiasm and confidence. And that's why it's so common to see people complaining about their failure eventually, calling the bitcoin a Ponzi scheme or similar stupidities.

In my personal case, I have been involved in this business for more than five years, and most of my income definitely depends on my trading strategies and decisions.
sr. member
Activity: 1638
Merit: 278
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?
In the world you can meet every type of people. Some people do trade as a part time while some people do job as a part time and trade is their aim also some people don't even know about trade or a job. Most people look to their profit and then according to the profit and income they perform a job or trade and I think that is the right way because people do their best in their own way.
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