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Topic: If anyone asked me trade is enough to cover life not (Read 206 times)

full member
Activity: 473
Merit: 100
cryptocurrency is not supposed to be a major job as you only need to invest in it with your spare money and dedicate some few hours of your day to this. Though some people take it as their full time job but in other to achieve all your aim in this, you need to have a better understanding of it, how it works and be able to know when to buy or sell your coin and be mentally alert of what is going on around your coin. It is enough to cover up for your needs if you are best at taking the right decision because a mistake can cause a great loss.
sr. member
Activity: 569
Merit: 250
I would not like to suggest that trading or cryptocurrency as a whole is enough to cover life worth but before investing in cryptocurrency, you should have at least have another source of income because you only invest in crypto with your spare money and as it grows, it yields profit which is suppose to be an addition to whatever amount you will be getting from the other source as that one will be either on a weekly or monthly basis which is stable.
newbie
Activity: 42
Merit: 0
Yeahh. Never, never enough. It's really, really funny, but true. Grin Grin
hero member
Activity: 1820
Merit: 515
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I love trading in cryptocurrency, not my main job trading there.
crypto is an asset to me for the future My main job is to work in a reputable company
and enough monthly capital I do transactions in the crypto market
Yes, that is the better way of involving into the crypto currency field just to earn extra money because if we depends only on the crypto currency earnings then we are risking our future because we don't know how long the crypto will survive and also there is no fixed earning from the trading so doing it as part time job is better.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
The altcoin market will be the main job, because in crypyto no income other than trade, you know for yourself and how gifts and air catwalks can generate revenue other than altcoin trading. so essentially how we look at opportunities in crypo.


no they are not. Altcoins should not be our main priority or  primary job because cryptocurrency such as altcoins are verry volatile and being volatile simply means their value can always change from time to time.

Much better if we can just make them as a form of sideline job because trading or investing on them can not really guarantee you a sure profit. that is why it is verry recomended to have a stable job outside the web or jobs that pay a fix rate , so that you wont be zero.
It depends, while I am not really a great investor in altcoins, there are many people that have made a fortune investing in them and for people like them I do not see anything wrong with making that their main occupation especially if you live in a country where the minimum wage is terribly low, you could earn in a single year with altcoins what you could earn in a lifetime in your regular job.
member
Activity: 414
Merit: 10
I love trading in cryptocurrency, not my main job trading there.
crypto is an asset to me for the future My main job is to work in a reputable company
and enough monthly capital I do transactions in the crypto market
sr. member
Activity: 826
Merit: 263
we can rely some extra income in life here but we have different situation like if you have big btc like 2000 btc and you trade that here of course you can earn a lot by that in just one day,i think there's no need to be feel fear in risky trading here because there's a lot of coins here that we can use for trading with no lose like btc,eth and ltc but still there's no assurance here if crypto will still grow

totally agree with you


If you want to agree anyone next time. Please pm to that person and say that bro. Everyone here to make the post and earn money but still spamming is not at all accepted by the campaign manager or forum DTs.
You alone tell what is the use since you bumped this thread. You itself know there is no any special answer or update you have given here.
If you do believe that bitcoin will grow then ignore earning cryptos mate. We have faith on it.
member
Activity: 420
Merit: 13
we can rely some extra income in life here but we have different situation like if you have big btc like 2000 btc and you trade that here of course you can earn a lot by that in just one day,i think there's no need to be feel fear in risky trading here because there's a lot of coins here that we can use for trading with no lose like btc,eth and ltc but still there's no assurance here if crypto will still grow

totally agree with you
sr. member
Activity: 420
Merit: 250
True, trading should be like a part time job and not full time although I know some who makes it their full time job to do trading everyday. Having a real job should supposed to be the right thing to do and not just rely on this forum and trading.
hero member
Activity: 826
Merit: 518
It is based on how much you are earning from trading and what kind of living style you are living,for me it will never be enough because it is an volatile market so there is no guarantee that we can make stable income from crypto trading but if you are talented enough you can make money here too.I suggest the people to keep trading as their extra earnings not as primary source of income.
newbie
Activity: 14
Merit: 0
I would not suggest that trading or cryptocurrency as a whole is enough to cover life worths. Before investing in cryptocurrency, you should have other source of income because you only invest in crypto with your spare money and as it grows, it yields profit which is suppose to be an addition for you. Depending only trading might not be advisable even though there are people who take this as their only source of income and have made fortune out of it but rememeber everyone cannot be lucky.
legendary
Activity: 1302
Merit: 1018
Cashback 15%

If you are a professional trader, then everything can be. In the market, it's better not to take chances. If you do not understand what is happening now. Be careful.

Are you are professional trader mate. There are people invested on various coins but those coins will not get the big value for long time. If that happen how the trader will be survive with the crypto trading earning alone mate. You need to have a luck as a part to invest the money.

If the invested cryptos does not go to big then you will cry for your investment until it boom back. I believe this op made the post to promote the video he has added on Facebook page. Do not waste your time for this query.
Not only luck since most day traders arent depending into those long term coins but rather going into short term ones which do have good movement of price.Dont expect for it to cover your daily living but its possible but depending on how you would do it.
Someone could able to do it but doesnt mean anyone does can achieve easily.
hero member
Activity: 924
Merit: 512

If you are a professional trader, then everything can be. In the market, it's better not to take chances. If you do not understand what is happening now. Be careful.

Are you are professional trader mate. There are people invested on various coins but those coins will not get the big value for long time. If that happen how the trader will be survive with the crypto trading earning alone mate. You need to have a luck as a part to invest the money.

If the invested cryptos does not go to big then you will cry for your investment until it boom back. I believe this op made the post to promote the video he has added on Facebook page. Do not waste your time for this query.
hero member
Activity: 2548
Merit: 533
"CoinPoker.com"
Never, never, never enough. You made me sing a song while watching that video.
The allcoin market is not a major occupation
You're right on this but this is an opportunity depending on how your lifestyle is. If your lifestyle isn't that expensive and you are still single, I guess you can live by trading.
There are millionaires who lived well with trading stocks and it's enough for them because they have big capital so I think it's possible also with trading.
You just need to be knowledgeable and you need to have bigger capital so even a small percentage of profit will be good enough for you to cover almost every expenses.
Agree on this one which you are totally right yet this would really depend into your lifestyle and if you are still single then profits will be enough since you wont really be in a hurry unlike if you do have obligations in life then relying on crypto trading earning wont really enough yet theres no exact date or time on when you will able to make money.
Lifestyle does have a big factor on how much you can spend everyday. If you're a daily trader and you are getting your expenses through it, you need to control yourself.
If your lifestyle isn't so expensive and you can actually eat everything and you can cook your food, you don't eat fast food restaurants, that's cheaper.
I have lived my life with a cheaper lifestyle so every single source that I have can be possible with me. I know that being a day trader is hard but when you have earned decently, it's worth it.

What if you hope for profits but the market turns opposite?
This is the risk of day traders and I'm sure they have their savings to save them.
You are right! We should always depend on how much we do earn and we should really know how to budget it.If we do saw that we earn too much then its always being suggested to stick with simple spending so that you would able to make savings.Dont depend on how much you earn or profit and spends like theres no tomorrow which will really result into disaster. Always having a back-up on any unexpected circumstances and same as you said i know that those traders are already prepared on that one.
member
Activity: 420
Merit: 13

If you are a professional trader, then everything can be. In the market, it's better not to take chances. If you do not understand what is happening now. Be careful.
hero member
Activity: 2156
Merit: 506
#SWGT PRE-SALE IS LIVE
Never, never, never enough. You made me sing a song while watching that video.
The allcoin market is not a major occupation
You're right on this but this is an opportunity depending on how your lifestyle is. If your lifestyle isn't that expensive and you are still single, I guess you can live by trading.
There are millionaires who lived well with trading stocks and it's enough for them because they have big capital so I think it's possible also with trading.
You just need to be knowledgeable and you need to have bigger capital so even a small percentage of profit will be good enough for you to cover almost every expenses.
Agree on this one which you are totally right yet this would really depend into your lifestyle and if you are still single then profits will be enough since you wont really be in a hurry unlike if you do have obligations in life then relying on crypto trading earning wont really enough yet theres no exact date or time on when you will able to make money.
Lifestyle does have a big factor on how much you can spend everyday. If you're a daily trader and you are getting your expenses through it, you need to control yourself.
If your lifestyle isn't so expensive and you can actually eat everything and you can cook your food, you don't eat fast food restaurants, that's cheaper.
I have lived my life with a cheaper lifestyle so every single source that I have can be possible with me. I know that being a day trader is hard but when you have earned decently, it's worth it.

What if you hope for profits but the market turns opposite?
This is the risk of day traders and I'm sure they have their savings to save them.
sr. member
Activity: 490
Merit: 250
It can be if you are a professional trader, If not do not risk being job less and full yourself in trading. Crypto currency world is like a jungle if you dont know how to hunt you will end up being eaten. Decide wisely before jumping into decision. Be wise. God Bless Smiley
hero member
Activity: 2240
Merit: 953
Temporary forum vacation
That is not THE answer. That is ONE answer. What you must understand about crypto trading is that it is still very new. Yes. Very very new. It will still be new in 5 years. But the signs are showing that crypto cannot go on an upward trend forever, especially with the dilution of altcoins and token projects with no actual value.

Bear in mind this early success happened to most people who took the chance as early adopters. But it is down a lot to luck and to the fortunate event of being "first".
legendary
Activity: 3094
Merit: 1127
Never, never, never enough. You made me sing a song while watching that video.

The allcoin market is not a major occupation
You're right on this but this is an opportunity depending on how your lifestyle is. If your lifestyle isn't that expensive and you are still single, I guess you can live by trading.
There are millionaires who lived well with trading stocks and it's enough for them because they have big capital so I think it's possible also with trading.
You just need to be knowledgeable and you need to have bigger capital so even a small percentage of profit will be good enough for you to cover almost every expenses.

Agree on this one which you are totally right yet this would really depend into your lifestyle and if you are still single then profits will be enough since you wont really be in a hurry unlike if you do have obligations in life then relying on crypto trading earning wont really enough yet theres no exact date or time on when you will able to make money.What if you hope for profits but the market turns opposite?
hero member
Activity: 2156
Merit: 506
#SWGT PRE-SALE IS LIVE
Never, never, never enough. You made me sing a song while watching that video.

The allcoin market is not a major occupation
You're right on this but this is an opportunity depending on how your lifestyle is. If your lifestyle isn't that expensive and you are still single, I guess you can live by trading.
There are millionaires who lived well with trading stocks and it's enough for them because they have big capital so I think it's possible also with trading.
You just need to be knowledgeable and you need to have bigger capital so even a small percentage of profit will be good enough for you to cover almost every expenses.
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