How do manage portfolio efficiently while having a full time job? - page 11.

waynechong1995

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Activity: 644

Merit: 117

swing!

Quote from: Razick on October 25, 2017, 11:16:25 AM

Quote from: Yadstiker on October 25, 2017, 09:51:15 AM

Quote from: waynechong1995 on October 25, 2017, 09:37:49 AM

Quote from: BTCMILLIONAIRE on October 24, 2017, 10:54:46 AM

Quote from: orions.belt19 on October 24, 2017, 10:52:01 AM

Quote from: Sled on October 21, 2017, 05:18:45 AM

If you want to manage your portfolio even you have a full time job then go for long term because if you will go for long term investment within your portfolio then you don't need to worry for monitoring it daily because you can do it weekly or even monthly. A portfolio doesn't is for long term in my opinion and investing for long term is the best for you if you have a full time job so you will have a back up source of income.

I would like to salute OP for being able to juggle between a full time job and managing a portfolio. There's no doubt that you're having a hard time managing both because it takes up a lot of your time.

This is the most ideal - going for long term. You wouldn't have to monitor every now and then if this were the case. You would be able to dedicate most of your time to your full job even with a long term investment because you wouldn't have to check daily. Research on which coins to buy that are good for long term investment; that way, you wouldn't have buy and sell every now and then.

That's the strategy that I am using with juggling university. I spend as much time as I need to get top 10% grades in my courses and papers and spend the rest of my time researching promising long term investment candidates.

Has been working well so far. Very busy, but it seems to be paying off. And if this keeps going for another year I won't have to bother with a full-time job and will be able to focus on interesting projects myself instead, without having to worry about my finances.

Judging from my current situation, I think it's best for a fresh graduate to keep pursuing cryptoworld and treat it like a career too, most of my friends don't even bother graduating or making time for another fiat job as long there are shelter at least. I believe anyone could profit in crypto as long you have those mindset like a daily trader, researching is fun when there are huge potential for a big fat BTC wallet. Nothing is more satisfy than speculating green candles, even better than paycheck i must say.

It's not hard to sustain by trading if you are smart at speculating/predicting price movement, but choices are yours.

Although you have a point out there, you can not still rely on those tradings if you really want to be successful in your life or once dream about it, it is kinda sounds like you were just relying in a single income, but actually what you are trying to pursue is a good destination and goal, eventually you will meet so many people and characters just be aware of that just in case, not everyone is your friend actually.

Sorry man but what you just said about trading not being possible to earn a full living is completely false. I made tons of money trading and also read about a guy who quit his $100,000+ annual salary job to do crypto trading full time because he was making so much from it.

You are right somehow everyone could succeed in crypto trading with appropriate skills and perhaps some luck, i must say this cryptoworld was still booming and it's very likely to make most of it through daily trading.

Sahyadri

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Activity: 744

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If you are into short term trading, then you need to give apt time to it. No bots or websites can help you in that. You need to personally analyze the charts and market. Else you will always be late in party. Trading needs instant action and one should always be aware of latest updates of the coins one is in. You can't rely on bots or AI. Either be a full time trader as I believe one can easily make enough with trading if is good with TA or do longterm investments along with your job.

Razick

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Activity: 1330

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Quote from: Yadstiker on October 25, 2017, 09:51:15 AM

Quote from: waynechong1995 on October 25, 2017, 09:37:49 AM

Quote from: BTCMILLIONAIRE on October 24, 2017, 10:54:46 AM

Quote from: orions.belt19 on October 24, 2017, 10:52:01 AM

Quote from: Sled on October 21, 2017, 05:18:45 AM

If you want to manage your portfolio even you have a full time job then go for long term because if you will go for long term investment within your portfolio then you don't need to worry for monitoring it daily because you can do it weekly or even monthly. A portfolio doesn't is for long term in my opinion and investing for long term is the best for you if you have a full time job so you will have a back up source of income.

I would like to salute OP for being able to juggle between a full time job and managing a portfolio. There's no doubt that you're having a hard time managing both because it takes up a lot of your time.

This is the most ideal - going for long term. You wouldn't have to monitor every now and then if this were the case. You would be able to dedicate most of your time to your full job even with a long term investment because you wouldn't have to check daily. Research on which coins to buy that are good for long term investment; that way, you wouldn't have buy and sell every now and then.

That's the strategy that I am using with juggling university. I spend as much time as I need to get top 10% grades in my courses and papers and spend the rest of my time researching promising long term investment candidates.

Has been working well so far. Very busy, but it seems to be paying off. And if this keeps going for another year I won't have to bother with a full-time job and will be able to focus on interesting projects myself instead, without having to worry about my finances.

Judging from my current situation, I think it's best for a fresh graduate to keep pursuing cryptoworld and treat it like a career too, most of my friends don't even bother graduating or making time for another fiat job as long there are shelter at least. I believe anyone could profit in crypto as long you have those mindset like a daily trader, researching is fun when there are huge potential for a big fat BTC wallet. Nothing is more satisfy than speculating green candles, even better than paycheck i must say.

It's not hard to sustain by trading if you are smart at speculating/predicting price movement, but choices are yours.

Although you have a point out there, you can not still rely on those tradings if you really want to be successful in your life or once dream about it, it is kinda sounds like you were just relying in a single income, but actually what you are trying to pursue is a good destination and goal, eventually you will meet so many people and characters just be aware of that just in case, not everyone is your friend actually.

Sorry man but what you just said about trading not being possible to earn a full living is completely false. I made tons of money trading and also read about a guy who quit his $100,000+ annual salary job to do crypto trading full time because he was making so much from it.

Yadstiker

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Activity: 373

Merit: 100

Quote from: waynechong1995 on October 25, 2017, 09:37:49 AM

Quote from: BTCMILLIONAIRE on October 24, 2017, 10:54:46 AM

Quote from: orions.belt19 on October 24, 2017, 10:52:01 AM

Quote from: Sled on October 21, 2017, 05:18:45 AM

If you want to manage your portfolio even you have a full time job then go for long term because if you will go for long term investment within your portfolio then you don't need to worry for monitoring it daily because you can do it weekly or even monthly. A portfolio doesn't is for long term in my opinion and investing for long term is the best for you if you have a full time job so you will have a back up source of income.

I would like to salute OP for being able to juggle between a full time job and managing a portfolio. There's no doubt that you're having a hard time managing both because it takes up a lot of your time.

This is the most ideal - going for long term. You wouldn't have to monitor every now and then if this were the case. You would be able to dedicate most of your time to your full job even with a long term investment because you wouldn't have to check daily. Research on which coins to buy that are good for long term investment; that way, you wouldn't have buy and sell every now and then.

That's the strategy that I am using with juggling university. I spend as much time as I need to get top 10% grades in my courses and papers and spend the rest of my time researching promising long term investment candidates.

Has been working well so far. Very busy, but it seems to be paying off. And if this keeps going for another year I won't have to bother with a full-time job and will be able to focus on interesting projects myself instead, without having to worry about my finances.

Judging from my current situation, I think it's best for a fresh graduate to keep pursuing cryptoworld and treat it like a career too, most of my friends don't even bother graduating or making time for another fiat job as long there are shelter at least. I believe anyone could profit in crypto as long you have those mindset like a daily trader, researching is fun when there are huge potential for a big fat BTC wallet. Nothing is more satisfy than speculating green candles, even better than paycheck i must say.

It's not hard to sustain by trading if you are smart at speculating/predicting price movement, but choices are yours.

Although you have a point out there, you can not still rely on those tradings if you really want to be successful in your life or once dream about it, it is kinda sounds like you were just relying in a single income, but actually what you are trying to pursue is a good destination and goal, eventually you will meet so many people and characters just be aware of that just in case, not everyone is your friend actually.

waynechong1995

full member

Activity: 644

Merit: 117

swing!

Quote from: BTCMILLIONAIRE on October 24, 2017, 10:54:46 AM

Quote from: orions.belt19 on October 24, 2017, 10:52:01 AM

Quote from: Sled on October 21, 2017, 05:18:45 AM

If you want to manage your portfolio even you have a full time job then go for long term because if you will go for long term investment within your portfolio then you don't need to worry for monitoring it daily because you can do it weekly or even monthly. A portfolio doesn't is for long term in my opinion and investing for long term is the best for you if you have a full time job so you will have a back up source of income.

I would like to salute OP for being able to juggle between a full time job and managing a portfolio. There's no doubt that you're having a hard time managing both because it takes up a lot of your time.

This is the most ideal - going for long term. You wouldn't have to monitor every now and then if this were the case. You would be able to dedicate most of your time to your full job even with a long term investment because you wouldn't have to check daily. Research on which coins to buy that are good for long term investment; that way, you wouldn't have buy and sell every now and then.

That's the strategy that I am using with juggling university. I spend as much time as I need to get top 10% grades in my courses and papers and spend the rest of my time researching promising long term investment candidates.

Has been working well so far. Very busy, but it seems to be paying off. And if this keeps going for another year I won't have to bother with a full-time job and will be able to focus on interesting projects myself instead, without having to worry about my finances.

Judging from my current situation, I think it's best for a fresh graduate to keep pursuing cryptoworld and treat it like a career too, most of my friends don't even bother graduating or making time for another fiat job as long there are shelter at least. I believe anyone could profit in crypto as long you have those mindset like a daily trader, researching is fun when there are huge potential for a big fat BTC wallet. Nothing is more satisfy than speculating green candles, even better than paycheck i must say.

It's not hard to sustain by trading if you are smart at speculating/predicting price movement, but choices are yours.

BTCMILLIONAIRE

hero member

Activity: 1358

Merit: 834

Quote from: orions.belt19 on October 24, 2017, 10:52:01 AM

Quote from: Sled on October 21, 2017, 05:18:45 AM

If you want to manage your portfolio even you have a full time job then go for long term because if you will go for long term investment within your portfolio then you don't need to worry for monitoring it daily because you can do it weekly or even monthly. A portfolio doesn't is for long term in my opinion and investing for long term is the best for you if you have a full time job so you will have a back up source of income.

I would like to salute OP for being able to juggle between a full time job and managing a portfolio. There's no doubt that you're having a hard time managing both because it takes up a lot of your time.

This is the most ideal - going for long term. You wouldn't have to monitor every now and then if this were the case. You would be able to dedicate most of your time to your full job even with a long term investment because you wouldn't have to check daily. Research on which coins to buy that are good for long term investment; that way, you wouldn't have buy and sell every now and then.

That's the strategy that I am using with juggling university. I spend as much time as I need to get top 10% grades in my courses and papers and spend the rest of my time researching promising long term investment candidates.

Has been working well so far. Very busy, but it seems to be paying off. And if this keeps going for another year I won't have to bother with a full-time job and will be able to focus on interesting projects myself instead, without having to worry about my finances.

orions.belt19

full member

Activity: 686

Merit: 146

Quote from: Sled on October 21, 2017, 05:18:45 AM

If you want to manage your portfolio even you have a full time job then go for long term because if you will go for long term investment within your portfolio then you don't need to worry for monitoring it daily because you can do it weekly or even monthly. A portfolio doesn't is for long term in my opinion and investing for long term is the best for you if you have a full time job so you will have a back up source of income.

I would like to salute OP for being able to juggle between a full time job and managing a portfolio. There's no doubt that you're having a hard time managing both because it takes up a lot of your time.

This is the most ideal - going for long term. You wouldn't have to monitor every now and then if this were the case. You would be able to dedicate most of your time to your full job even with a long term investment because you wouldn't have to check daily. Research on which coins to buy that are good for long term investment; that way, you wouldn't have buy and sell every now and then.

waynechong1995

full member

Activity: 644

Merit: 117

swing!

Thanks everyone for the advice! I had decided to adjust my portfolio for long terms investment, primarily in Blue chips and alts that had potential - established team, well-delivered/realistic roadmap, consistent development as well a more discipline investment schedule, guess the ups and downs of day trading is too much for me to handle while maintaining good performance with my programming job.

Would consider buying some bots to interact/trade with exchange api sometime after a more extensive speculation , the road is still long to success is still long but achievable, good luck everyone!

BTCMILLIONAIRE

hero member

Activity: 1358

Merit: 834

Quote from: andthereyou on October 21, 2017, 07:45:12 AM

Quote from: BTCMILLIONAIRE on October 21, 2017, 07:18:58 AM

Quote from: waynechong1995 on October 21, 2017, 12:31:19 AM

By having a weekday 9-5 job, i must say my eyes aren't that keen anymore for trends and hardly made any good decision on buying/selling alts. Basically what i did is:

Weekdays: Coinalarm app to observe my portfolio real time but it's far less efficient and responsive to market movement, Slack and Telegram app are linked as well but still is very difficult to process insightful information while in working mood.

Weekends: More active than usual but time is limited Undecided

Any opinions or suggestion to improve my current situation?

Thanks in advance and sorry for bad english Sad

Just stop doing short-term trades. Instead focus on identifying a few promising projects that are realistic (e.g. won't be hard to develop and get off the ground) and have large longterm potential. Then stick with those and wait. That way you can just enjoy your free time without having to worry about trends (which most people fail to trade efficiently anyways).

Yeah I agree with you. He should stop short term trading, because short term trading needs much more time than trading/investing long term promising projects.
I had been short term trading in stocks a few years back. However I stop it because of my 7-4 job. Today I go with long term and I am happy.

Yeah, I don't know why people spend their life daytrading, when they can have almost infinite free time by longterm investing instead.

EcoChavCrypto

sr. member

Activity: 448

Merit: 250

i dont have much time during weekdays too, but it is easy if you have at least 5 minutes every two hours to check the market or all the charts in where you have some money invested.
It is not difficult if you are already acostumbrated to ussually do this, i am always checking the progress of bitcoin and how much does my portfolio worth, and always this forum too, and i do have a real job.
it is easy mate, you only need to be patient.

Reez

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Activity: 381

Merit: 101

The best way to manage your portfolio while having a full time job is to just buy bitcoins and hold them for as long as you can and that will surely make you happier with your gains than any other one you've ever had before.

ladadadiweliketoparty

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Activity: 97

Merit: 10

Yes I have one main suggestion for you and for those with limited time and that is limit your projects. It sounds simple but to not be overwhelmed in this industry we must do exactly this. If I were you I wouldnt get into more

than 5-10 projects at at time because the information would be too much. Even for me as a full time job I dont like to get into much more than that anyways, I can only imagine it hard it is doing this part time

Quidat

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DGbet.fun - Crypto Sportsbook

Quote from: waynechong1995 on October 21, 2017, 12:31:19 AM

By having a weekday 9-5 job, i must say my eyes aren't that keen anymore for trends and hardly made any good decision on buying/selling alts. Basically what i did is:

Weekdays: Coinalarm app to observe my portfolio real time but it's far less efficient and responsive to market movement, Slack and Telegram app are linked as well but still is very difficult to process insightful information while in working mood.

Weekends: More active than usual but time is limited Undecided

Any opinions or suggestion to improve my current situation?

Thanks in advance and sorry for bad english Sad

It think its not really an issue at all.I would like to ask if you do have the access on your phone while you are still on work? If yes then that would be great.You can monitor anytime on the price and once you do saw opportunity you can just simply make some trades since it wont really cost too much time which would affect your day stable job.Its just really a matter of time management.

949miner

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Obviously that it is a difficult task for anyone, but i am still a student and i am more than 8 hours a day studing, but i still have enough time to take care of my bussiness and all that concerns about cryptocurrencies.
But looking and checking the charts everyday and every hour is a little bit exhausting, but i dont care because i am making a huge profit from it.
I try to use the last hours of everyday to make those kind of tasks.

swscowods

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Activity: 419

Merit: 100

Quote from: anti-scam on October 21, 2017, 02:28:14 AM

If you are a trader it is very important to get fast and accurate information to monitor your coin movements.
I use the blockfolio app, very good to use and complete with interesting information.
The application I use trader is Z trader.

I must say that if you are having some permanent job and that too full time job, then it will require a lot of efforts and determination if you want to manage both the things well. It is no doubt not an easy task to do and it is not possible for everyone to do such kind of things. You can manage your portfolio in a well manner by allocating proper time to bitcoin after the office hours.

13abyknight

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Activity: 602

Merit: 252

Quote from: waynechong1995 on October 21, 2017, 12:31:19 AM

By having a weekday 9-5 job, i must say my eyes aren't that keen anymore for trends and hardly made any good decision on buying/selling alts. Basically what i did is:

Weekdays: Coinalarm app to observe my portfolio real time but it's far less efficient and responsive to market movement, Slack and Telegram app are linked as well but still is very difficult to process insightful information while in working mood.

Weekends: More active than usual but time is limited Undecided

Any opinions or suggestion to improve my current situation?

Thanks in advance and sorry for bad english Sad

Typically the ones who maintain a small portfolio being normal 9-5 employees end up understanding the true profit that can be derived from altcoin day trading and eventually quit their jobs for it.
If you're keen on managing your portfolio, just dedicate a few hours of time for it daily. Might be difficult at first but things will get imbued into your timetable kind of a thing and you'll end up dedicating time for it on a daily basis.

buwaytress

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Join the world-leading crypto sportsbook NOW!

Hey wayne,

You'd be surprised at how many actual traders out there also have a full-time job! In the mid-2000s when I was into forex trading, it was actually only a part-time time-reliant, full-time effort... basically I spent most of my free time outside of my income-earning career to learn. I think regardless of how you trade and how much time you have for it, 90% of it has to be invested into learning and studying.

In terms of having a 9-5 like you do, the weekends and evenings should be put into reading, completing courses, perhaps even just reading analysis and insight from other traders, discussions on forums like this.

In fact, only having limited hours on your trading platform means you are perfectly suited for patient, long-term thinking required for disciplined trading. No day trades, no need to respond or react quickly to breaking news. Enter the market at carefully decided points, set your profit target as well as stop losses, and let the trades take care of themselves.

andthereyou

full member

Activity: 616

Merit: 102

Quote from: BTCMILLIONAIRE on October 21, 2017, 07:18:58 AM

Quote from: waynechong1995 on October 21, 2017, 12:31:19 AM

By having a weekday 9-5 job, i must say my eyes aren't that keen anymore for trends and hardly made any good decision on buying/selling alts. Basically what i did is:

Weekdays: Coinalarm app to observe my portfolio real time but it's far less efficient and responsive to market movement, Slack and Telegram app are linked as well but still is very difficult to process insightful information while in working mood.

Weekends: More active than usual but time is limited Undecided

Any opinions or suggestion to improve my current situation?

Thanks in advance and sorry for bad english Sad

Just stop doing short-term trades. Instead focus on identifying a few promising projects that are realistic (e.g. won't be hard to develop and get off the ground) and have large longterm potential. Then stick with those and wait. That way you can just enjoy your free time without having to worry about trends (which most people fail to trade efficiently anyways).

Yeah I agree with you. He should stop short term trading, because short term trading needs much more time than trading/investing long term promising projects.
I had been short term trading in stocks a few years back. However I stop it because of my 7-4 job. Today I go with long term and I am happy.

BTCMILLIONAIRE

hero member

Activity: 1358

Merit: 834

Quote from: waynechong1995 on October 21, 2017, 12:31:19 AM

By having a weekday 9-5 job, i must say my eyes aren't that keen anymore for trends and hardly made any good decision on buying/selling alts. Basically what i did is:

Weekdays: Coinalarm app to observe my portfolio real time but it's far less efficient and responsive to market movement, Slack and Telegram app are linked as well but still is very difficult to process insightful information while in working mood.

Weekends: More active than usual but time is limited Undecided

Any opinions or suggestion to improve my current situation?

Thanks in advance and sorry for bad english Sad

Just stop doing short-term trades. Instead focus on identifying a few promising projects that are realistic (e.g. won't be hard to develop and get off the ground) and have large longterm potential. Then stick with those and wait. That way you can just enjoy your free time without having to worry about trends (which most people fail to trade efficiently anyways).

hi-men

member

Activity: 63

Merit: 10

In my opinion, if you can't earn your weekly salary out of active crypto trading you should go to passive trade or long term hold, you'll earn more.

Topic: How do manage portfolio efficiently while having a full time job? - page 11. (Read 3196 times)