Topic: How do manage portfolio efficiently while having a full time job? - page 6. (Read 3224 times)
December 25, 2019, 01:59:11 PM
make sure to keep providing time online twice a day with a note should be able to increase understanding of weekly charts that are connected with trends. You do not have to think about what targets can be achieved every day, and still target profit within the limits of active support and resistance. don't panic if the assets are floating for more than 4 days if the weekly chart is still the same as before, there is still potential for a reversal, this is more on how you can be consistent in the same strategy.
December 25, 2019, 11:51:37 AM
You need to calculate the time when you come home from work and start trading on the exchange. I think that two hours is enough.
Looking at profile when you have break works well too but the real time for the analysis of market and buying and selling shall be located in the hours when you are at home and most importantly relaxed. Sitting in front of laptop with tired mind will not help you in taking right decisions on time rather such decisions will drive you to more trouble. Before going to bed, decide two hours for daily trading. 
December 24, 2019, 10:19:10 AM
If you are having a full time 9-5 job then best for you is to do long term investment and refrain from day trading. As trading requires you to it whole day in front of your laptop, looking for gains. I have a job also, I only buy when market is at dip and hold. for me seeing the market once in a day for 5 to 10 minutes is enough.
It is most of the choice of those who have the main job outside. Just like you, every day I only look and watch the market for about 30 minutes is enough because I choose to invest in the medium and long term. It does not take up too much of my time during the day and I still guarantee a profit when making such investmentand can able to trade but it all matters on what you are dealing with as said it will be either for long or short term.If you dont like to get hassled
while you work then you prefer on just simply holding than minding yourself on doing trades but profitability comparison then shorter ones is much more better.
I can't say about day trading or short term investment (as I have limited experience working with them) but if you are a hodler (long term investor) then having a look at the market once a day is good enough. If you have a job then you can still participate in crypto trading with confidence.
December 24, 2019, 10:10:43 AM
A person who works 5 hours a day can invest in this market. However, a person working 8 hours or more per day cannot invest in this market. Because this market is consuming one's energy. So tiring. Operations continue every minute. This is really hard to achieve.
Trade only at times you think it’s best, it’s not necessary that we will do trading daily, all we need is to trade when we see the potential to gain in that alt or think whether that alt is for long term or short term. Just try to be updated at least on charts of your holdings then you will realize that it’s time to trade it. December 24, 2019, 08:07:36 AM
A person who works 5 hours a day can invest in this market. However, a person working 8 hours or more per day cannot invest in this market. Because this market is consuming one's energy. So tiring. Operations continue every minute. This is really hard to achieve.
Trade only at times you think it’s best, it’s not necessary that we will do trading daily, all we need is to trade when we see the potential to gain in that alt or think whether that alt is for long term or short term. Just try to be updated at least on charts of your holdings then you will realize that it’s time to trade it. December 24, 2019, 07:56:15 AM
You need to calculate the time when you come home from work and start trading on the exchange. I think that two hours is enough.
December 24, 2019, 07:42:33 AM
A person who works 5 hours a day can invest in this market. However, a person working 8 hours or more per day cannot invest in this market. Because this market is consuming one's energy. So tiring. Operations continue every minute. This is really hard to achieve.
If you are talking about day trading, then I have to agree with you. Doing day trade along with a full time job is next to impossible. If you do that, then the chances are that you will fail in both. On the other hand, it is perfectly OK to indulge in long-term investment along with a full time job. Because the research and analysis needed for such investment can be done during the spare time you get between the full-time job.
December 23, 2019, 10:41:46 AM
A person who works 5 hours a day can invest in this market. However, a person working 8 hours or more per day cannot invest in this market. Because this market is consuming one's energy. So tiring. Operations continue every minute. This is really hard to achieve.
December 23, 2019, 10:27:23 AM
I do manage my portfolio efficiently while having a full time job by just going for long term investment within my portfolio, and the best example is buying a bitcoin because i don't need to put a lot of time and effort just to monitor it everyday that i can only do it weekly or monthly.
That is one way, although isn't very easy at least from my experience.
Having long term investment portfolio isn't that time consuming but still it demands your efforts and focus and sometimes daily works and obligations take you away. Day trading and short term investment are almost impossibe when you have regular work and long term investment and trading is possible but the key is to find the right balance.
December 23, 2019, 09:39:53 AM
You can also work in a full-time job. How many hours do you work. People live in different countries according to different working hours. In developed countries less hours are worked. In developing or underdeveloped countries, they remain more at work. For portfolio management, you need to allocate some time to analyze the market.
You can definitely pair up management of your portfolio with full time job by allocating particular time of your day for it. Best is to look at your profile during the break when you are on job and before going to bed, spend one hour on your portfolio. Plus I will recommend him not going for day trading with full time job because it really becomes hectic for the person. Long term trading strengthens your finances. 
December 22, 2019, 03:22:51 PM
You can also work in a full-time job. How many hours do you work. People live in different countries according to different working hours. In developed countries less hours are worked. In developing or underdeveloped countries, they remain more at work. For portfolio management, you need to allocate some time to analyze the market.
December 21, 2019, 09:49:26 PM
It's a little bit of a disadvantage since so much of your focus has to go towards your working life. From the commute to daily dealings. You cannot put your complete focus on possible opportunities.
December 21, 2019, 09:25:45 PM
It's hard to multitask. Doing different things at the same time especially if you have a full time job outside crypto but you just need a proper and wise time management. But if you're still having a hard time, instead of short term, just do long term investment. I think you can manage your time properly with that. Also you have to know your priorities. If you're already doing it for a long time, you'll get used to it and you'll master how to allocate your time with things.
It is not multi tasking after all, you can manage both day trading job and also being a crypto trader. I also have having hard time to handle both crypto trading and my day job. I allocate most of time in mastering my time management. My focused before is finding a good trading strategy and it is the reason why I have trading setup that is suitable in my time and my personality.
December 21, 2019, 08:29:08 PM
It's hard to multitask. Doing different things at the same time especially if you have a full time job outside crypto but you just need a proper and wise time management. But if you're still having a hard time, instead of short term, just do long term investment. I think you can manage your time properly with that. Also you have to know your priorities. If you're already doing it for a long time, you'll get used to it and you'll master how to allocate your time with things.
It is not multi tasking after all, you can manage both day trading job and also being a crypto trader. I also have having hard time to handle both crypto trading and my day job. I allocate most of time in mastering my time management. My focused before is finding a good trading strategy and it is the reason why I have trading setup that is suitable in my time and my personality. December 21, 2019, 01:06:52 PM
If you are having a full time 9-5 job then best for you is to do long term investment and refrain from day trading. As trading requires you to it whole day in front of your laptop, looking for gains. I have a job also, I only buy when market is at dip and hold. for me seeing the market once in a day for 5 to 10 minutes is enough.
It is most of the choice of those who have the main job outside. Just like you, every day I only look and watch the market for about 30 minutes is enough because I choose to invest in the medium and long term. It does not take up too much of my time during the day and I still guarantee a profit when making such investmentand can able to trade but it all matters on what you are dealing with as said it will be either for long or short term.If you dont like to get hassled
while you work then you prefer on just simply holding than minding yourself on doing trades but profitability comparison then shorter ones is much more better.
December 20, 2019, 08:48:02 AM
It's hard to multitask. Doing different things at the same time especially if you have a full time job outside crypto but you just need a proper and wise time management. But if you're still having a hard time, instead of short term, just do long term investment. I think you can manage your time properly with that. Also you have to know your priorities. If you're already doing it for a long time, you'll get used to it and you'll master how to allocate your time with things.
December 20, 2019, 04:58:29 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
Any opinions or suggestion to improve my current situation?
Thanks in advance and sorry for bad english
I also got a lot of similar questions from my friends when they were learning to trade. then my answer is that you should decide which job you want to stick with the longest and which one makes you feel happiest and most comfortable. If your full-time job is putting pressure and making your everyday life boring, you should quit. Trading is one of the jobs that requires perseverance, patience, a clear mind to analyze the market as best as possible. so you can only do it well when you are fully focused on it.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
Any opinions or suggestion to improve my current situation?
Thanks in advance and sorry for bad english
This is not textbook, I've been through this. In the past, I used to work partime and trade to pay for fees. But the result is that both jobs are not productive. we should just choose one.
December 20, 2019, 04:01:36 AM
There is really no reason to have your eyes on your portfolio all the time, just buy some good coins with just a little amount and then focus on your job and other things you would like to do. Before you invest in any coin is good that you do analysis of that coin and understand what's likely to happen in the next few months or so, that way you can determine how long you will be holding it in your wallet.
Bitcoin is already a good choice, and others are Ethereum, Ripple and other top coins you can find in the market, though they have been kind of disappointing, except BTC. Just invest in a good coin and you can chill till the right time.
If you want to build a solid portfolio then make sure that you will buy potential coins. What do I mean potential coins? It is the coin that are not easy dump and can survive in the market. I also have a full time job but monitoring is not my problem because I bought the best coin in the market. As a momentum trader, I can make profit even if I have day job but sometimes I also lose because losses are inevitable. Bitcoin is already a good choice, and others are Ethereum, Ripple and other top coins you can find in the market, though they have been kind of disappointing, except BTC. Just invest in a good coin and you can chill till the right time.
December 19, 2019, 11:01:30 AM
There is really no reason to have your eyes on your portfolio all the time, just buy some good coins with just a little amount and then focus on your job and other things you would like to do. Before you invest in any coin is good that you do analysis of that coin and understand what's likely to happen in the next few months or so, that way you can determine how long you will be holding it in your wallet.
Bitcoin is already a good choice, and others are Ethereum, Ripple and other top coins you can find in the market, though they have been kind of disappointing, except BTC. Just invest in a good coin and you can chill till the right time.
Bitcoin is already a good choice, and others are Ethereum, Ripple and other top coins you can find in the market, though they have been kind of disappointing, except BTC. Just invest in a good coin and you can chill till the right time.
December 18, 2019, 06:28:30 AM
If you are having a full time 9-5 job then best for you is to do long term investment and refrain from day trading. As trading requires you to it whole day in front of your laptop, looking for gains. I have a job also, I only buy when market is at dip and hold. for me seeing the market once in a day for 5 to 10 minutes is enough.
It is most of the choice of those who have the main job outside. Just like you, every day I only look and watch the market for about 30 minutes is enough because I choose to invest in the medium and long term. It does not take up too much of my time during the day and I still guarantee a profit when making such investmentand can able to trade but it all matters on what you are dealing with as said it will be either for long or short term.If you dont like to get hassled
while you work then you prefer on just simply holding than minding yourself on doing trades but profitability comparison then shorter ones is much more better.
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