Topic: How i can manage my job and my Bitcoin Trading at the same time? - page 4. (Read 602 times)

Well for starters, trading is considered one of the most difficult ways of earning money in the process. It takes some dedication to skill, time, and patience in order to at least breakeven from your winnings due to the nature of it being risky in itself.

If you want to start trading, I highly recommend that you start in low volumes first. You have to understand the market and trade in low amounts in order to at least gain some experience in this field. I would also warn you that trading is an art where it is easy to enter but very difficult to master. What separates a beginner from an expert trader is the time and experience the latter have.

That's quite tough, and I think you need time management.
But always remember that your job is your priority, and as a teacher, your primary focus should be on your job and your students.  Your teaching duties and obligations must be fulfilled before dedicating time to Bitcoin trading.  Set clear boundaries to avoid any conflicts of interest or distractions during your work hours.

If you really want to trade it might you may consider using automated trading tools or setting up specific alerts to help manage your Bitcoin trades more efficiently.  These tools can monitor the market for you and execute trades based on predefined parameters, reducing the time and effort required on your part.  But remember these tools are just a tool to make you more profit, they work on behalf of you so it depends on your decision how the trading bot will work.

Well, good luck.

You are talking about three things all together: earning from bounties, how to earn in the forum, and, in regards to your topic, how to earn from Bitcoin trading. Before you can combine your real job with any other side hustle, you should first be sure of what you really want to do. Regarding the three things you already thought of, it's not that easy to earn from all at once. First, bounties in these forums are for some altcoin projects that are just coming up, and most times they don't even get their token or coin listed in any exchange, so it's just pointless to have the thought that you can make money from bounties. Even if you do, it's going to be by luck, more like gambling; either you get lucky on one project or you lose, and all the effort put into the bounty will be a total waste of time.

For Bitcoin trading, you will need to devote time to learning how it works, and it can take you some months before you can really get to understand how it works and how to gradually make profits. The other way to earn in the forum is to join some signature campaigns and get paid in BTC, but before that can be possible, you need to strengthen your account by making quality posts that can earn you some merits to rank up before you can join a signature campaign.

All that I have mentioned to you requires your time, effort, and patience before you can really begin to make money out of it. You need time and effort to grow your account here; you need time and effort to learn trading so well; but you need luck to earn from bounties 😜. So, either you chose trading or to grow your account, then you can combine anyone you chose with you main job.

Cheers 🥂, Dr.Bitcoin_Strange 👺👺

The best way to start trading is by learning its basic first and acquire knowledge and skills first before you decide to take live trading. It’s important to gain real experiences in trading as well as that will help you manage your trading strategies and adjust to how the trading market works. And always start with a small capital in trading as there are inevitable losses that will surely happen so you have to trade at an amount that you can manage to lose.

Exactly. You can never earn from a signature campaign if your position is still a newbie so you have to work on it first and wait until you’re qualified enough. Just keep on reading and understand them as well. DYOR always because that’s the best way so you can easily absorb the contents of the topics in the forum. Fast forward, if you are already earning from signature campaign, then you can use your profits to trade but make sure to use small capital in your first trades. Trading is risky so you also have to prepare for it and always trade with caution.

Just keep your job while you are still in the process of learning and accumulating knowledge and skills in trading. And for you to do that, explore the forum first and find topics that are related to trading and understanding them well. You can always do your due diligence to do the research as much as possible so you can add more knowledge aside from the posted topics here in the forum. Also, there are free youtube videos in the internet on how to trade, you start viewing on it. And when you’re ready to trade, put a small amount of money first since newbies are more susceptible to losses at first, and when you’ve gained a lot of experiences in trading, that’s the time you can start adjusting your trading size so you can also expect bigger returns too.

I suggest you keep your job while you are searching for other means to earn more money, bounties are a waste of time and energy, and from your post history I can see a lot of bounty applications. Signature campaigns or bounties are not the same as trading bitcoin. I believe you have been misdirected by your friend, he led you to believe bounty hunting is lucrative and now he has told you to change your posting style so you can participate in signature campaign. Since your motivation for being here is to earn from the forum, you will have to work your way to full member to join campaigns.

Being a trader profit is hope, loss is certainty. so no one can really get 100% profit if we become traders. because sometimes the market cannot be fully analyzed, this is experience.
I myself have been a trader since 2016 and admit that, so maybe my advice is that you have to start with a small capital, while learning from mistakes when you experience losses and of course you have to keep learning and reading a lot from trusted sources.

This condition reminds me of when I was still teaching and finally ventured into the crypto world to increase my income.
Honestly, this will not be easy, or not as easy as other people might get when we initially see them seem successful and get a lot of earnings.
But one thing is certain when we are willing to try and be willing to sacrifice a little time to learn more, it is possible that we will get better income or additional income from both forums and trading activities.
 
1. Regarding bounty participation, to be honest, this is true. The first time I was in this forum was just focusing on joining the bounty program without thinking about what contribution we should make, just making a few posts to meet the requirements. Listen, avoid this method, I've done it for a while at that time and it really didn't work, especially when our rank is still below Full member.

It would be better if you would spend a few months of your time learning how to contribute to this forum, improve the quality of your posts, and work on increasing your ranks by earning merit. of course, you have to study more often and in more ways, observe if there is a help board on your local board. Indeed, this is like spending time, however, this really works, if you are serious and want to learn, then you will get various benefits when you can rise to higher ranks and take part in signature campaigns that pay BTC.
It won't be easy, but that doesn't mean it can't be done.

2. Related to trading activities for earning more money.
Are you sure you want to do this? Trading is quite a risky activity, especially for beginners. There is no guarantee that you will get a bigger profit than the possible losses. However, if you are really ready for the risks, learn about crypto trading first, both the exchange to be used, how to analyze and strategy, and various complex things related to trading in the application, including how to choose a coin. Don't easily trust the trading signals on the telegam group, they might help but don't take it right away, study the market in that situation too. Maybe you will also find several online trading courses, if needed, you can follow them to increase your knowledge of trading methods and adjust them to your own abilities and analysis. It will be better if you try to start from Spot trading first, don't try to Future market at the beginning of your trading, this is very risky.

I got the following from your posts.
1- Your job cannot cover your expenses so you are here to seek extra income.
2- You tried to work in the bounty sections but you have not earned any money
3- You are now considering building your account to earn from other means
4- You are also considering learning about bitcoin trading
5- And you want to know how to combine your job with the forum activities.

My advice
1-  Focus on learning and not making money. The bounty section will not expose you to the rudiments of Bitcoin.
2-Contribute to the forum that is why you need to learn about Bitcoin and the forum.
3- To trade you have to be knowledgeable about the trading section.
4-Many people on the forum also have full-time jobs. You don't need to spend all your time in the forum. Your spare time will be enough. Just avoid other time-wasting activities like using social media just for fun.

At first my advice to you is that don't start trading before you have learnt a lot about crypto. Because there are chances that you may lose your funds if market crash on a bad news. You may learn more about trading from YouTube and be an expert. After that you can start your trading journey. Always try to manage a few time and watch the market situation and you can set take profit and stop loss and in this way you can manage your order by not giving too much time in trading.

Since you have the mindset of earning through bounty based on who referred you to this place, that mindset might actually hinder you a little because your focus might all be on the bounty section. And you have to change that mindset. Follow up on a few trading tips through the link shared by Tabas; it will really help you gain a little knowledge about trading, and when you have learned a few things, you can give it a try and learn how to reduce losses. Please note that crypto currency trading doesn't always guarantee profit.

You can also actually earn online. If I get you correctly, you said you teach children IT courses. Those skills you can perfect online. Advertise yourself either in this forum or outside of this place. There are a lot of freelancing sites where you can offer your skills, upload your portfolio, and clients will look at it and pay for your time. You can actually start making real money, which you could use to foot all your bills, adding to your little teaching earnings.

Hey there! It's great to hear that you're exploring new avenues to supplement your income. Teaching IT and diving into the world of Bitcoin, that's quite the dynamic duo!

But now I wonder, if you are really a teacher teaching students about IT, how come you haven't heard of Bitcoin before? I mean, it's not like Bitcoin is a secret or anything. It's been around since 2009 and has had quite the impact on the world we live in today. So how come you've never heard of it before?

Regarding your question about how to manage your time and earn money from trading, there are no simple answers. Everyone's situation is different, which means that there really isn't a one-size-fits-all solution to this problem. I can tell you, however, that if you're serious about trading and want to make money doing it, then you need to be willing to put in the work. There's no such thing as getting rich quick with cryptocurrency, even if some people may try to convince you otherwise!

Right I am Starting with a small amount and willing to risk is a wise approach. Yes Trading is a learning process and even experienced traders face occasional losses. By immersing myself in educational resources like books articles, and guides and follow your recommendation such as A Complete Guide to Cryptocurrency Trading for Beginners learn form it. Thank You

Here is what I understand from what you have posted which if you permit me I would like to correct

You cannot trade on the forum and start earning. You can at the point when you have attained Full Member Rank apply for any signature campaign that is opened. If you are accepted by the campaign manager, only then will be start earning. On the other hand, if you have a skill that other users need, you could offer your skill for a small fee and get paid in bitcoin for it.

If you have read and understood what I have written, you can infer that your topic title is a bit misleading maybe due to your level on the forum.

Thanks for the suggestions, Yes I will try to think about using my special talents and providing beneficial services to differentiate myself in the crowded bounty hunting market. And I also focus on training and earning profit from them

The first thing you have to remember, crypto trading is very risky. you can really lose your money.
Since you asked about timing, I assume you already have the expertise and some of the necessary skills in trading.
if you can't do day trading and are very focused on the market. why don't you trade for a longer time plan? you should read more about it. or if you want to be safer, you can start investing first in Bitcoin. because in a situation that is easy to panic when you always look at the market. you can not focus on your duties as a teacher. the same goes for the trades you make.
trade when you are relaxed. You can really disrupt your life if you focus too much.

You should probably stop listening to that your friend, firstly you don't just post anything on every section like he had told you, if you want to post about trading and check the forum on trading matter then there is a trading board for it.
https://bitcointalk.org/index.php?board=8.0


Also your friend doesn't know how crypto-currency works and he is just probably throwing false information at you, first what's your mindset about? Set your target read through Bitcoin and Crypto-currency in general and understand what you actually can do, you won't be profitable in trading just because your friend asked you to or on the basis that you want to earn.

Welcome to Bitcointalk. The name means something, a forum for Bitcoin and you should focus on Bitcoin, not altcoins. Bounties are for altcoins and should never be your priority.

You can not earn anything by making posts if you are not in a signature campaign or making posts for your services. From your IT works, you can learn about Bitcoin and make scripts, trading scripts and sell it or work with crypto jobs to get money and Bitcoin.
Online Job Websites about Crypto and that pays in Crypto

Trading is risky and if you can not afford to lose money with trading, don't start trading.

In addition, you must manage your job too so you won't have much time for trading. You can invest in Bitcoin, to save your time and to manage your job too.

Invest with Dollar Cost Averaging DCA.
https://dcabtc.com/

If you want to trade, you have to start with an amount that you are okay to lose it. Why? Because it's not guaranteed and being a newbie, you really have to go through the process and even it's kind of risky but from there you'll get to learn how the market works. It's not going to be an overnight process for you as most of the traders truly are losing from time to time. Reading some books, articles and guides like this will certainly help you to start: A Complete Guide to Cryptocurrency Trading for Beginners