Is trading an occupation? - page 7. | Bitcointalksearch.org

CryptopreneurBrainboss

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Quote from: J1mb0 on April 04, 2021, 02:00:55 AM

I think trading is a profession and it appeared a long time ago, before the cryptocurrency market there were a lot of people trading on the Gold and stock markets.
However, this is a profession that requires a lot of things, you need to have experience, knowledge, skills and always learn.

Many people mistakes trading for gambling, although they have some similarities which has to do with speculating (making prediction), still that of trading is different since it can be duplicated in the sense that, provided it has happened before, there's a chance it'll repeat itself again which is why it's said the market moves in circles.

We have the bear, that has to do with the price dumping and we have the accumulating stages that involves the market recovering then the bull which comes with spikes and project achieving new all time highs. If the charts are studies careful any professional traders would be able to spot this phases when they're about to start.

Bit that of gambling mainly has to do with guess works, and hopes of it playing to your favour.

dunfida

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Quote from: bekti3 on April 05, 2021, 10:00:18 AM

Quote from: Ryker1 on April 04, 2021, 05:32:05 PM

Well, yes that is considered an occupation if you are in day trading or full-time trader --but for me, I cant treat this as an occupation because I cannot able to trade as a day trader. This is a very risky occupation and a sort of gambling that sometimes was based on your luck. I have seen a thread here before asking most likely the same question on this OP, saying, trading is considered a source of income. It is really hard to decide because we have different perspectives view on it. But for me, I rather good if I will find a stable job that provides me a stable income at the end of the month.

So what's the difference between trading and working? whereas to trade is a verb.
You're right, we have a different point of view. So everything that is traded is crypto or other than crypto, all of them have different risks but with the same purpose.

We do have indeed a different view into things which we can really see different sentiment that comes from other people but its true that they do have different risk
but having the same purpose which is to get money or having an income.We are all aiming for the same target, we do have just able to make it on different manner.
For someone who do make out trading as a main source of income or making it as a main job then it can be considered as a occupation or even into something
that you do have the passion to do or go in full time.

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Quote from: Vaculin on April 05, 2021, 07:21:04 PM

Quote from: Swopon on April 05, 2021, 01:46:32 PM

In general, job can be defined as maintaining schedule with punctual for which you will be paid. Basically, occupation means you are a job holder or you have a profession. Anything can be your passion and profession which you love to. If you feel, you can make a better life through trading, then you can choose it and try to compromise with your job. If you considered trading as your profession, it can be considered as your occupation.

Either it is an occupation or not, whatever people say about trading, as long as we are good about it and can help us to make money, that be fine. Never tells that you are a trader if someone asks you what is your profession coz that will only confuse them and might ask you how you do that? And might saying...wow!!!

That probably amazes them because only a few people get success and have that gift, it is really proud to become like that. Cheesy

Yes, I live in a remote area where people are very confused about many things and trading is one of them. By the way, I tried to make them understand several times but I failed then I stop it and finding my own way. I need to make money from trading and I am doing it and trying continuously.

Vaculin

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Quote from: Swopon on April 05, 2021, 01:46:32 PM

In general, job can be defined as maintaining schedule with punctual for which you will be paid. Basically, occupation means you are a job holder or you have a profession. Anything can be your passion and profession which you love to. If you feel, you can make a better life through trading, then you can choose it and try to compromise with your job. If you considered trading as your profession, it can be considered as your occupation.

Either it is an occupation or not, whatever people say about trading, as long as we are good about it and can help us to make money, that be fine. Never tells that you are a trader if someone asks you what is your profession coz that will only confuse them and might ask you how you do that? And might saying...wow!!!

That probably amazes them because only a few people get success and have that gift, it is really proud to become like that. Cheesy

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Quote from: michellee on April 05, 2021, 09:09:08 AM

I think trading is not gambling because if someone can learn details about trading and analyze better to find the time to enter the market, he uses his skills to trade and makes money. It is normal to see some religion against trading and say that trading is the same as gambling. But if they can open their minds about what is needed to be a pro trader and know that the trader does not just play with their intuition, but the trader will also use their skills to work, I think they will not say trading is gambling.

But we can not blame those who say trading is gambling because they are not involved in the trading itself and only see from the outside. People who use trading as their source of income need to have skills to make a profit and minimize the risk.

That's true, trading is not gambling. In trading world you can learn to be a great trader and you can make money on any direction, and that is why it is better. In gambling house edge makes sure that you lose, there is no scenario in gambling where you win in long term because house always wins, in the end trading is miles better because it could be offering something that we can't see in gambling which is being decentralized, in gambling there is house but in trading it is just you and the person you buy from and one of you made a good decision.

So long story short, I do agree that trading could be a job if you know what you are doing, it is a risky and difficult job and unlike many other jobs you do not have a guaranteed income and in fact you could lose money while doing it, so it is not like a salary but it is still a lot better than gambling for sure.

Swopon

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In general, job can be defined as maintaining schedule with punctual for which you will be paid. Basically, occupation means you are a job holder or you have a profession. Anything can be your passion and profession which you love to. If you feel, you can make a better life through trading, then you can choose it and try to compromise with your job. If you considered trading as your profession, it can be considered as your occupation.

isaac_clarke22

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Let us define what occupation is.
"a job or profession."
Now what is a job?
"a task or piece of work, especially one that is paid."

In trading, you get paid from selling. Technically, yes it is an occupation. In fact there are number of people, like you mentioned, quitting their jobs to do full-time trading. However it is risky for obvious reasons that market is unstable.

Quick references:
https://www.google.com/search?q=occupation
https://www.google.com/search?q=job

bekti3

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Quote from: Ryker1 on April 04, 2021, 05:32:05 PM

Well, yes that is considered an occupation if you are in day trading or full-time trader --but for me, I cant treat this as an occupation because I cannot able to trade as a day trader. This is a very risky occupation and a sort of gambling that sometimes was based on your luck. I have seen a thread here before asking most likely the same question on this OP, saying, trading is considered a source of income. It is really hard to decide because we have different perspectives view on it. But for me, I rather good if I will find a stable job that provides me a stable income at the end of the month.

So what's the difference between trading and working? whereas to trade is a verb.
You're right, we have a different point of view. So everything that is traded is crypto or other than crypto, all of them have different risks but with the same purpose.

michellee

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I think trading is not gambling because if someone can learn details about trading and analyze better to find the time to enter the market, he uses his skills to trade and makes money. It is normal to see some religion against trading and say that trading is the same as gambling. But if they can open their minds about what is needed to be a pro trader and know that the trader does not just play with their intuition, but the trader will also use their skills to work, I think they will not say trading is gambling.

But we can not blame those who say trading is gambling because they are not involved in the trading itself and only see from the outside. People who use trading as their source of income need to have skills to make a profit and minimize the risk.

danherbias07

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Why does trading needs to be meticulously defined?
Before it was just a simple buy and sell. Buy the dip and sell for profit.

Yes, there are good analyst when it comes to forex trading but that doesn't mean they will always be accurate.
Those where still speculation where they just put basis using history. The future is unknown.
I'd rather have both my day job and trade occasionally because it doesn't really need full attention.

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Quote from: davis196 on April 05, 2021, 07:01:27 AM

You can quit your job and start crypto trading only if you have enough savings and great trading skills.
Quitting your 9/5 job for the sake of cryptocurrency trading,when you don't have enough savings and you lack important skills is a very risky decision that might lead to catastrophic consequences.
Trading mentorship is completely different than crypto trading.It's like selling shovels to gold diggers.
Most of the crypto trading mentors I've seen online are scammers.I would never get myself a trading mentor or pay for such service.

It gonna be 40/60, where 40 percent a chance of success while 60% disappointment.
Yeah, we don't encourage people to quit their job for this risky profession, but we need assurance in which our current job could only make it, not this trading.

Because if we are not sure about our trading life will succeed, it is absolutely we don't have to try it.
Well, that is a good suggestion, "have some backup money" or we look for another source of income that could help in case we fail in trading otherwise, we totally paralyze and having no money at all.

davis196

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You can quit your job and start crypto trading only if you have enough savings and great trading skills.
Quitting your 9/5 job for the sake of cryptocurrency trading,when you don't have enough savings and you lack important skills is a very risky decision that might lead to catastrophic consequences.
Trading mentorship is completely different than crypto trading.It's like selling shovels to gold diggers.
Most of the crypto trading mentors I've seen online are scammers.I would never get myself a trading mentor or pay for such service.

blockman

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Quote from: J1mb0 on April 04, 2021, 02:00:55 AM

I think trading is a profession and it appeared a long time ago, before the cryptocurrency market there were a lot of people trading on the Gold and stock markets.

You're right. It's already a profession before cryptocurrency has emerged. We already knew that there were people who have earned from trading alone. And when we say trading, it's not just about cryptos and stocks, this also happens in the markets that we used to know traditionally.

Quote from: J1mb0 on April 04, 2021, 02:00:55 AM

However, this is a profession that requires a lot of things, you need to have experience, knowledge, skills and always learn.

And also capital.

romero121

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Trading can be considered as an occupation by the users who have got strong cryptocurrency portfolio. This means if an user has a good volume of top listed cryptocurrency in the portfolio, automatically one can keep hold of it as a security for the life. One who fulfill this can concentrate on day trading to earn few dollars through the market fluctuation.

ethereumhunter

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We know that trading stock is an occupation for some people. And if they see crypto trading, they will think that crypto trading is also an occupation, especially for people who have skills in crypto trading. But before you use crypto trading as an occupation, you need to learn about trading itself and learn how to analyze the market, so you can know where the trend will moves. Doing trading and make a profit needs time, and many people can not resist that and finally, they are losing their money. Think twice if you want to use trading as your occupation because you will need many things to learn before making a profit.

bitzizzix

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You could say a job, because trading must have full time to continue to dominate the market and analyze the coins to be traded.
the difference is that you live a life that I think is pretty fun, because you don't have to go to the office every day and wake up in the morning stuck in traffic for hours on end.
and being a full time trader will allow you to break free from this modern form of slavery and be able to work any time as long as there is a supported internet connection with your laptop or smartphone you can trade.
and if you make trading a job, you have to be responsible like working and must be supported with adequate knowledge and so on and understand the risks.

bitterguy28

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While i Don't consider this as Occupation but I must admit that some of my friends has this as their Job right now.

there are even some of them had quit their real Job and focus in trading , While most of them succeed , but others had failed .

So this depends on our view and knowledge in this field .

lienfaye

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Trading requires knowledge and time (especially in crypto trading), thus we can consider it as an occupation for spending few hours a day to maximize our chance to earn.

However its not a typical occupation (earning stable job) that we know because it has a risk and losing is always there. This is the reason why not all of us are able to earn in trading or decided to go full time. But if you have the willingness to learn and start in scratch, experience can be the best teacher and a stepping stone to succeed in this field.

proTECH77

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Trading is a process of moving goods and services from one place to another for profit making. Show that trading is an occupation where many traders found their self busy to earn something good at the end of their trade in the market.
Many bitcoin investors are into occupation where they can trade their coins in the market and start expecting something good from the trade that will enable them to be proud of their occupation.

gabbie2010

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In third world countries where the rate of unemployment is very high a lot of youths took to trading as an occupation I.e both crypto and forex trading, there are some of proportion of the youths who are Gamble's to make end meet.
Trading is an occupation that can conveniently provides alternative source of income for anybody that took it up although it requires a lot of learning, research and practising once equipped with all those requirements such a trader is good to go having been well funded for trading and money management.

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