Topic: It seems that more people taking crypto trading as full time job - page 4. (Read 1023 times)
April 04, 2022, 12:06:45 PM
Personally, I'm not too confident in my trading skills to make it a full time job. but we don't know what will happen in the future because if we are addicted to trading and can make a lot of profit from it, of course it is a decent and profitable job. Moreover, we can do it at home and have more free time than other jobs. I think future trading or trading with signals is not that good and too risky especially for a beginner. so it would be better if we learn to be independent with trading practices and learn from failures that have happened to be better in the future.
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April 04, 2022, 12:17:59 AM
According to the economic situation of the world, most of the people in the world are living in unemployment.In that case, cryptocurrency unemployment has been greatly reduced. Those who can't find a job are getting involved in cryptocurrency trading.
This is a flawed narrative. Trading is not a day job where you make money every month or week. It is a risk-based sepeculative game where you have a chance of losing money as well. Before crypto was popular, stock trading was already there. Did that solve an unemployment problem? Or did it bring more people to debt because they were taking undue risks in markets beyond their control?
If someone is unemployed they should work on skills and get a job first. Trading should be kept aside for the time being. It's called prioritising.
March 28, 2022, 12:12:59 PM
During the situation around the world where low payed jobs more people looking for opportnuties to work online.
And crypto is one of them options
Future trading is one of the most popular ways to make full time income.
Ifyou dont know how to trade good use good signals for spot and futures trading right now many people become traders.
Yes, a lot of people these days are looking for online jobs to do but trading cryptocurrency is different from a regular online job. Before you go about trading cryptocurrency you need to have funds for you to start the trading and you also need to have it in mind that there are risk that are involved in trading cryptocurrency and you might be losing your money at any time.And crypto is one of them options
Future trading is one of the most popular ways to make full time income.
Ifyou dont know how to trade good use good signals for spot and futures trading right now many people become traders.
But, when it comes to all the regular online jobs you don’t really need to invest anything, rather you will just give your time and hard work in exchange for money which might be at the end of the month or whatever kind of agreement you might have had with your contractor or employer.
March 28, 2022, 09:21:16 AM
it is a fact that many traders might not tell how much they've lost as they go through with trading. They're all happy about winning with their trades but when it comes to losing, it's another story that they don't want to tell. Do not just blindly look at those people that are telling that they don't need another resource to sustain their trading. Because many of them are not just traders but also entrepreneurs that are building their empires in other fields with their assets for another income-generating business.
Sure you do not just start cryptocurrency trading without having another reliable stable source of income. For someone to become a trader they need to have another source of income that they can rely on unless they would end up going broke, because at the start of your cryptocurrency trading you are likely to lose a lot of money while looking for a good strategy that you can be usingThere are so many strategies in the market and when you are still starting you wouldn’t know which one is right for you except when you have tried out several of the strategies to find the one that works for you and in doing so you would also be encountering losses. So, it's not an easy thing for anyone to engage in not talk of having it as a full-time job.
March 24, 2022, 10:53:25 AM
According to the economic situation of the world, most of the people in the world are living in unemployment.In that case, cryptocurrency unemployment has been greatly reduced. Those who can't find a job are getting involved in cryptocurrency trading.
Yes, I agree.
Many people have lost their job when the pandemic starts in 2020, that's why people also find other ways on how to earn money, and that's online jobs, as well as cryptocurrency. Many countries adapted Bitcoin as their currency because of the inflation that always happen in fiat, for example is on Venezuela. Cryptocurrency Trading became a thing for people because of the pandemic. They started to open their mind about cryptocurrency and how it's more better than fiat and on 8 hours job per day.
March 23, 2022, 07:56:16 PM
According to the economic situation of the world, most of the people in the world are living in unemployment.In that case, cryptocurrency unemployment has been greatly reduced. Those who can't find a job are getting involved in cryptocurrency trading.
March 23, 2022, 07:52:41 PM
During the situation around the world where low payed jobs more people looking for opportnuties to work online.
And crypto is one of them options
Future trading is one of the most popular ways to make full time income.
Ifyou dont know how to trade good use good signals for spot and futures trading right now many people become traders.
Are you full time trader ?
And crypto is one of them options
Future trading is one of the most popular ways to make full time income.
Ifyou dont know how to trade good use good signals for spot and futures trading right now many people become traders.
Are you full time trader ?
I don’t consider cryptocurrency trading as a full-time job. I would never do that despite that it could give us some decent income, but not on a consistent basis because of the unpredictable market movement. No matter if it’s spot, futures, derivatives, margin or copy trading, it’s not a good idea to make it full-time. You still need to have at least one stable job or opportunity to sustain your finances just in case the market goes down without warning that would result to further losses.
gained the courage to take it as a full time job. Because it does not worry them even if they lose. However, if you are just a minimum wage earner, do not take trading as full time job but only make as a part time instead. There are no guarantees to make consistent profits in trading, and if ever you make an income, there is no fixed amount because it only depends on how much the amount you trade.
March 23, 2022, 07:41:11 PM
Personally I don't know any full time traders, I only hear about their stories of success, what is hard to measure how legit they are, because anyone can speak anything about themselves, especially on the internet.
I believe if the person has fixed sources of income guaranteed every month, he can become a full time trader, as losing money isn't going to be an issue for him, but if the goal is to live solely from trading activity, that is a huge mistake, unless the person enjoys living on a tightrope.
Trading makes a lot of millionaires in the making but the process is definitely tough and hard. So if you want to take the risk and may lose everything you have, trading perfectly fits you. However, success in trading also happens if you have mastered your skills and strategies and you know exactly how to analyze the market patterns that you can even ride with the market price fluctuations. You can only do full time trading if you are already seeing consistency in making profits. Otherwise, you'll only lose and live miserably after that. I believe if the person has fixed sources of income guaranteed every month, he can become a full time trader, as losing money isn't going to be an issue for him, but if the goal is to live solely from trading activity, that is a huge mistake, unless the person enjoys living on a tightrope.
March 23, 2022, 04:49:15 PM
Ifyou dont know how to trade good use good signals for spot and futures trading right now many people become traders.
Are you full time trader ?
Using trade signals could get you some pros and cons but you will get lot of bad ones in long run. I would not suggest to rely on trading signals if you are planning to do trading on long run, you won't get anything in terms of experience and how to determine a good market by yourself. I would rather to do it by yourself even though you lose some of your capital at the beginning, you will learn something from there.Are you full time trader ?
If we keep pushing that, then we are going to end up with a big loss in the end. Just focus on what you can do yourself, and you should be fine. I personally believe that we should not be shocked with indicators being wrong, because it happens all the time, just try to find a better method to trade.
March 23, 2022, 11:38:02 AM
I wonder where the Op gets her impression about more people taking crypto trading as their full-time job when statistics show 95% of crypto traders make losses while 5% are the only traders that make the needed profit, 80% later quit along the line and 20% continue trading.
Nevertheless, the best thing these days is to buy more BTC when dip before the institutional investors will be the major holder.
95 percent are too much but can I ask you the same question? where did you get that impression? Trading is hard but I don't think that 95 percent of the traders are losing. Like I said earlier, trading is hard so it's also normal for a trader to lose but a few losses should not be counted in a survey but they should based on the overall statistics of a trader like if the trader has more losses compare to his gains.Nevertheless, the best thing these days is to buy more BTC when dip before the institutional investors will be the major holder.
I think what you mean 5 percent are the number of the truly successful traders that are now making billions in the form of trades and is rarely losing. 80 percent of quitters are also a lot if they will quit they will never learn or improve their selves to be good at trading.
March 23, 2022, 10:55:39 AM
From here on out there is partly full time or wanting to train from here and here every person has our skills and abilities that qualify us to become a full time job but that's fine but here we have to keep in mind that training is risky again. Anything we need to be careful about here I personally choose to visit a site and edit here carefully otherwise it will be seen we will have to be careful to put that
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March 22, 2022, 09:15:02 AM
I wonder where the Op gets her impression about more people taking crypto trading as their full-time job when statistics show 95% of crypto traders make losses while 5% are the only traders that make the needed profit, 80% later quit along the line and 20% continue trading.
Nevertheless, the best thing these days is to buy more BTC when dip before the institutional investors will be the major holder.
Nevertheless, the best thing these days is to buy more BTC when dip before the institutional investors will be the major holder.
March 22, 2022, 08:58:32 AM
During the situation around the world where low payed jobs more people looking for opportnuties to work online.
And crypto is one of them options
Future trading is one of the most popular ways to make full time income.
Ifyou dont know how to trade good use good signals for spot and futures trading right now many people become traders.
Are you full time trader ?
For now, I'm not a full trader, but I do sometimes sell some coins on the exchange based on my research.And crypto is one of them options
Future trading is one of the most popular ways to make full time income.
Ifyou dont know how to trade good use good signals for spot and futures trading right now many people become traders.
Are you full time trader ?
however, speaking of circumstances, nowadays people seem to be learning voluntarily about crypto and a lot of people are focusing on it. Trading is one that is the center of attention today. maybe it started with corona 19 at first, however, due to the huge hype that occurred last year, there are currently a lot of people who are focusing on learning how to trade. some have been successful, and entice others to try the same. but some people also fail, it is included in the risk of trading.
So far, the only strategy I've used is holding coins that I think have a lot of potential, especially BNB. well, every asset that I own, which has a value that is not so big I will convert it into BNB form to wait for a high price. Well, maybe I'm not a day trader, but I'm just waiting for the right time to sell my assets.
March 22, 2022, 07:27:53 AM
During the situation around the world where low payed jobs more people looking for opportnuties to work online.
It depends on where you live if you stated "low paid jobs". Many people are satisfied with how they earn from their jobs and treat the crypto trading as their secondary source of income not the opposite on most cases.Ifyou dont know how to trade good use good signals for spot and futures trading right now many people become traders.
Are you full time trader ?
Using trade signals could get you some pros and cons but you will get lot of bad ones in long run. I would not suggest to rely on trading signals if you are planning to do trading on long run, you won't get anything in terms of experience and how to determine a good market by yourself. I would rather to do it by yourself even though you lose some of your capital at the beginning, you will learn something from there. Are you full time trader ?
March 22, 2022, 05:59:12 AM
My inner cell pushes me to quit my job, even though I'm not a full-time trader. Whenever you're passing time through trading you will always have a tendency to turn your attention away from your current profession. The reality is that any business has its ups and downs, so focusing solely one earnings machine would be a mistake. So far I've learned- Keep meeting both needs, and you will find real happiness.
Yes you are right in every profession or business there's always ups and downs but quitting your job to focus on trading is a mistake. In trading you wouldn't be able to earn constant or stable money since there is a risk, unlike in job or your profession you will earn stable money. I think we can use trading as another source of income but a risky one too.
Now I do have a job, a part time job, I sometimes gamble and trade but I don't see trading as a full time job since it is not a job on the first place.
March 22, 2022, 04:49:40 AM
If we are just a normal wage earner, this is really an opportunity but the problem is now how going to start if we don't have enough capital. Most of these people commit loans which I think was not a good idea because, for me, this will only give more problems if we got compromise our trades. It could really be very unfortunate that many individuals had lose their chance as to whether we like it or not, trading needs money that those who have problems financially can't take this. Some had started trading but later on, they also just quit that because of a lack of financial support.
The moment you decide to become a trader, you are not only knowledgeable enough, but you should also be capable to provide a good capital for trading. But this is not happening in the real world of trading. Most of the traders started with loans, and most likely end up with loans. This is really true as i've known friends who are really experiencing this. Trading do not guarantee secure profits, but its one way to earn big if you are good at it. However, losses are still inevitable and this is why trading with borrowed money mostly never works and not really advisable. In fact, it may even lead you to live a miserable life in the end. So trade only with an amount available to you that you can afford to lose too.
March 22, 2022, 04:27:49 AM
I don't believe it's as effective that way however and would be more upsetting than something you can just set and leave. Its situational really on the grounds that not all truly does have the opportunity and the cash to contribute on that is the reason some settle on making out certain spots or swing exchanges instead of on day exchange or scalping.
March 22, 2022, 01:21:54 AM
Unless and until yes there is enough income from full time trading which will satisfy your needs then yes we can go ahead wih . There will be always a tendency to quiet our current job when we get a decent profit for the first time. But lets not not do it. It happens with many other business as well. so just keep trading and do your main work and keep this trading as a part time job so that both will bring in decent income.
March 21, 2022, 07:05:16 PM
Future trading is one of the most popular ways to make full time income.
Do you rely on Future trading for your daily/monthly income?It is a too risky way to expect regular income from Future trading. As far as I know, Future trading is the hardest trading type. That's why I never try it, I prefer Spot trading. You must know if Future trading may end your trading journey in a short, lose all your funds in hours or days. Moreover, if you are still a beginner, Future trading is truly the wrong way.
Ifyou dont know how to trade good use good signals for spot and futures trading right now many people become traders.
Do you mean follow signal groups?Most of them just troll some tokens and trap newbies.
Don't risk your money by relying on the signal from those groups. Better to use your own analysis/research.
March 21, 2022, 06:48:48 PM
During the situation around the world where low payed jobs more people looking for opportnuties to work online.
And crypto is one of them options
Future trading is one of the most popular ways to make full time income.
Ifyou dont know how to trade good use good signals for spot and futures trading right now many people become traders.
Are you full time trader ?
And crypto is one of them options
Future trading is one of the most popular ways to make full time income.
Ifyou dont know how to trade good use good signals for spot and futures trading right now many people become traders.
Are you full time trader ?
Unless and until yes there is enough income from full time trading which will satisfy your needs then yes we can go ahead wih . There will be always a tendency to quiet our current job when we get a decent profit for the first time. But lets not not do it. It happens with many other business as well. so just keep trading and do your main work and keep this trading as a part time job so that both will bring in decent income.
which means that you would really be needing to have a day stable job at least and make trading as a side income for you to avoid such particular situation on where you would be
leave out on having no job or jobless just because you had quit out earlier and presumpting that you could make money on constant manner but somehow there are people
who does quit in their job and go full time with this one.
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