It seems that more people taking crypto trading as full time job - page 6.

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Quote from: Kasabus on March 17, 2022, 01:27:43 AM

Quote from: maydna on March 08, 2022, 08:43:04 AM

I am not a full-time trader, but I may trade depending on market movements. If the market is going down, I buy and hold it for a while until the price goes up, then I sell, and I do that continuously. If the price isn't going up in a few days, I'd still hold the coin, and maybe I'll switch to another fast-moving coin. But if the market conditions are not suitable for buying or trading, I tend to watch the movement while analyzing. I'm not trying to use signals from other groups or people to trade, but I will analyze them further to see if I can buy or sell.

That is why we have to analyze the market well so that we'll not end up losing our trades because the timing is not right. As much as possible, we should learn to determine the best entry and exit point so that in the end we will be making profits. Buy when the price is low, sell when the price is high. That will always be the basic in trading but most often, traders are doing the opposite way.

I'm not also a full time trader but as much as possible, i never use signals from other people because they can't be reliable. I have to make my own analysis in the market, because its the only way i will learn and earn as well.

That's true and sometimes many of us don't want to put any effort into trading and they just seek advice from others without doing their own research and analysis,
of course that kind of thing is wrong because it doesn't always work what other people do so it can work too if we imitate it,
do your own analysis and make your own strategy according to yourself

Kasabus

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Quote from: maydna on March 08, 2022, 08:43:04 AM

I am not a full-time trader, but I may trade depending on market movements. If the market is going down, I buy and hold it for a while until the price goes up, then I sell, and I do that continuously. If the price isn't going up in a few days, I'd still hold the coin, and maybe I'll switch to another fast-moving coin. But if the market conditions are not suitable for buying or trading, I tend to watch the movement while analyzing. I'm not trying to use signals from other groups or people to trade, but I will analyze them further to see if I can buy or sell.

That is why we have to analyze the market well so that we'll not end up losing our trades because the timing is not right. As much as possible, we should learn to determine the best entry and exit point so that in the end we will be making profits. Buy when the price is low, sell when the price is high. That will always be the basic in trading but most often, traders are doing the opposite way.

I'm not also a full time trader but as much as possible, i never use signals from other people because they can't be reliable. I have to make my own analysis in the market, because its the only way i will learn and earn as well.

tygeade

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Quote from: safari88 on March 15, 2022, 08:10:27 AM

I think that many people are seeking to do crypto trading, especially when the pandemic started, where people lose jobs and weren’t able to provide for their needs. Although, given the strong desire to trade, not all had good results in trying. Many have been woken up to the fact that crypto trading is not just a simple thing to do then you’ll just earn eventually. In crypto trading, you have to work smart and not just hard. So, many have realise by now that being a full time trader is tough, and taking taking other activities source of income and trading from time to time is not such bad thing to do as well.

Those people should have instead looked for jobs in the crypto market. We are still growing in the business side of the world. Crypto is huge in the marketcap of the coins way, but we still have so many companies willing to hire people to do work. Sure there are many people who are working for cheap prices, like 100 bucks a month type of people, but those people provide low quality of work.

So, if you have any job that could be translated into remote work for a crypto company, you could actually make a good income. If they lost their money or their jobs, crypto could have brought them a bit of it back, and that is exactly what I did years ago and I am super happy with my current job.

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Quote from: lienfaye on March 10, 2022, 09:16:55 PM

Its not surprising if many people are trying to be a trader either for full time or as their side job because nowadays a regular job is not enough to sustain their needs especially if you're a minimum wage earner. But trading is not easy and many traders also failed to succeed in this path. Thats why it requires knowledge and strategy to maximize the chances to be a gainer.

Im not a full time trader but I dont think its a good idea to rely on signals. Its best to have your own anaysis to better understand the flow of the market.

To be a gainer in crypto trading, then you have to be more capable in making good market analysis with its technical indicators because that will give you an edge to win your trades. Otherwise, relying on signals will only make you suffer from losses. However, a good amount of capital too is something you need to have high consideration for you to start trading. People mostly lose in trading because they always trade with borrowed money and later on, they start losing and eventually quit from it because they are more focused on how to pay their debts than to focused more on making thier trades succeed.

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Quote from: Natalim on March 11, 2022, 12:34:58 PM

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.

Making good profits in crypto trading is probably why most of us want to take it full time. But it won't be possible if you don't have sufficient amount of capital to start trading. Because as they say, the bigger the capital is, the higher the profits will be. But if you start with loans, i guess that will only create a miserable scenario later on. There is no assurance that you will make consistent profits in trading, its definitely based on your own capacity to do good trades. This is the reason why taking loans is more discouraged. Trade only when you have extra money to start trading, and of course learn and develop your skills and strategies first before you decide to start trading.

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Quote from: SquallLeonhart on March 08, 2022, 04:50:39 AM

I see trading mainly as a fruitful activity to do, and it serves as a side income for me and not a full time job. And I am not even looking forward to it being a full time job replacement for me. Yes, I can make good income from it, which I already do, despite the risks that are involved, but it’s still a side choice because there are other major things that I do.

For people who make it a full-time job, it’s not a bad choice, I think it’s a really cool choice to make, as long as you can deal with the risks that cons with it and not easily give up. And moreover I don’t think that anyone who has chosen as a full time job is someone who doesn’t have experience; they must have studied it for a long time and also have good experience and skills to go with it, and enough capital.

It's not surprising really that more people today engaged in crypto trading as its giving us a bigger income compared to our 8-hour day job. But for me i don't see myself focusing in crypto trading as there is a high risk in it and i think i can't rely on it to feed my family knowing i'm not really good in trading. But i believe for those who are doing well in trading and are making good profits from it, i don't see any reasons to stop yourself from making it a full time job. As long as there is mastery and skills in trading, and patience of course, you can really make a good living in trading.

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Quote from: 325btc on March 07, 2022, 02:38:46 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 ?

For sure!, I have seen most people quit their job in my area because of trading, when I asked they told me they make more money on trading that what they earn from their and also in terms of time that thy Put lesser time in trading than their Job so they decided to go all into trading .
Me.. I love trading I go full time into it because I derive joy from analysing the Chart and I love being independent where no controls my time.

Issa56

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Quote from: 325btc on March 07, 2022, 02:38:46 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 ?

Making cryptocurrency a full time job is not really a bad idea but I don't really support it, I always advise people to have more than one source of income and trading shouldn't be your only source.
I believe as a trader is a very bad idea to depend on trading signal because most of them are fake, as a trader I think is better you learn how to do research your self and don't depend on anybody for trading signals.

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Quote from: uneng on March 15, 2022, 03:11:27 PM

Quote from: Mahanton on March 14, 2022, 07:45:12 PM

The ones who do able to make out some sustaining trades for long term are the ones who are really doing well which is profitable honestly which you could really make this as a main source or full time job.

They must be lucky then, because it's not possible to predict market's fluctuations on long run in crypto market. Sometimes bitcoin crashes without any apparent reason or skyrockets for no reason as well, so how can traders make a living from such an unstable market? Support and resistance levels change all the time. They can read the charts, statistics, past events, but it's not going to guarantee they are making smart moves on the present moment. Everything can happen at anytime in crypto market. That is why another jobs or sources of income are needed in my opinion.

If only relying on crypto trading for daily income is not the right decision,
it's true that you do need to find another job because with market conditions that are not really stable and crypto that is difficult to predict it's too risky,
right now we can see that the market is green and we don't know what it will be like in the future

Scalpers are the ones who made some profit during this bouncing back and forth price and we long time holders won't make any, unless if we venture on scalping which needs some knowledge about trading we might see our funds deplete immediately in no time. Making choices if going full time traders sometimes is a personal choice or it depends on their situation. And since the pandemic made a lot of mess from the economy it might be a good choice to go full time trader but first they should know what they were doing.

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Quote from: uneng on March 15, 2022, 03:11:27 PM

Quote from: Mahanton on March 14, 2022, 07:45:12 PM

The ones who do able to make out some sustaining trades for long term are the ones who are really doing well which is profitable honestly which you could really make this as a main source or full time job.

They must be lucky then, because it's not possible to predict market's fluctuations on long run in crypto market. Sometimes bitcoin crashes without any apparent reason or skyrockets for no reason as well, so how can traders make a living from such an unstable market? Support and resistance levels change all the time. They can read the charts, statistics, past events, but it's not going to guarantee they are making smart moves on the present moment. Everything can happen at anytime in crypto market. That is why another jobs or sources of income are needed in my opinion.

If only relying on crypto trading for daily income is not the right decision,
it's true that you do need to find another job because with market conditions that are not really stable and crypto that is difficult to predict it's too risky,
right now we can see that the market is green and we don't know what it will be like in the future

You could rely on trading whether forex/stocks or crypto it would really be just depending or varying on how sustainable you are and this would be the key that you should really be looking for before

you do make yourself on going full time and focus on a single career like trading without having those day job of yours.As long you could sustain your living and able to make out some savings

then this thing would be the key and i couldnt blame out people on having the decision on going full time.It is actually on your preference.

tygeade

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Quote from: safari88 on March 15, 2022, 08:10:27 AM

I think that many people are seeking to do crypto trading, especially when the pandemic started, where people lose jobs and weren’t able to provide for their needs. Although, given the strong desire to trade, not all had good results in trying. Many have been woken up to the fact that crypto trading is not just a simple thing to do then you’ll just earn eventually. In crypto trading, you have to work smart and not just hard. So, many have realise by now that being a full time trader is tough, and taking taking other activities source of income and trading from time to time is not such bad thing to do as well.

Trading is truly helpful in times of crisis like the covid pandemic where someone can lose a job but the only downside is you cannot start immediately here if you have no experience in trading a crypto but you need to learn first and after that, there is still no guarantee that you can earn but you will go in lots of trials and error however in the end, all will be worth it because you can now have a replacement for your job and you can now make lots of cash.

What is good with this is you control your time because you yourself is your own boss. It is expected that the number of crypto traders will grow, now that there is a new variant of the virus and pandemic will be extended again.

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Quote from: Mahanton on March 14, 2022, 07:45:12 PM

The ones who do able to make out some sustaining trades for long term are the ones who are really doing well which is profitable honestly which you could really make this as a main source or full time job.

They must be lucky then, because it's not possible to predict market's fluctuations on long run in crypto market. Sometimes bitcoin crashes without any apparent reason or skyrockets for no reason as well, so how can traders make a living from such an unstable market? Support and resistance levels change all the time. They can read the charts, statistics, past events, but it's not going to guarantee they are making smart moves on the present moment. Everything can happen at anytime in crypto market. That is why another jobs or sources of income are needed in my opinion.

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Quote from: LastKiss on March 15, 2022, 12:34:02 PM

Quote from: 325btc on March 07, 2022, 02:38:46 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 ?

Im not, because I have a job in real-time so I don't have time to watch the market movement every day. Well if those people who do full time trading have bigger income than their real job it doesn't matter for me as long as what they do is one he loves. Currently, I'm just doing mid-term trading because of my lack of time but sometimes I didn't do any trade.

All matter with your own choices though because not all does have the ample time for them to get engage with the market on very active manner which it is really that normal that they are really earning decent which is

more than from their typical or previous job on which they do consider on going full time because they do see that they could able to bare it out on being profitable or sustainable in the market.
You couldnt blame them on having that decision even though it is risky and doesnt have an assurance but it isnt impossible for you to attain such probability.

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Quote from: 325btc on March 07, 2022, 02:38:46 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 ?

Im not, because I have a job in real-time so I don't have time to watch the market movement every day. Well if those people who do full time trading have bigger income than their real job it doesn't matter for me as long as what they do is one he loves. Currently, I'm just doing mid-term trading because of my lack of time but sometimes I didn't do any trade.

safari88

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I think that many people are seeking to do crypto trading, especially when the pandemic started, where people lose jobs and weren’t able to provide for their needs. Although, given the strong desire to trade, not all had good results in trying. Many have been woken up to the fact that crypto trading is not just a simple thing to do then you’ll just earn eventually. In crypto trading, you have to work smart and not just hard. So, many have realise by now that being a full time trader is tough, and taking taking other activities source of income and trading from time to time is not such bad thing to do as well.

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Quote from: boyptc on March 13, 2022, 04:55:27 PM

All the others thinking and being optimistic isn't enough just to be a full time trader, there's actually more in being an actual trader. You really have to be decisive and you know what you're doing when you become one.

Not just following the herd because everyone is trying to be a full time trader. We can still be traders and earn from it but being full time is more than what people are thinking about if it's just about earning. Because you're prone more in losses than winning.

Unfortunately hype is a big part of people who are trying to take full time crypto trading jobs. If they made a great return during the 2021 bull run, they may have calculated how much they made and think that it is enough and end up doing exactly that for the rest of their life and even quit their jobs because of it.

Comes bear market and they realized the type of mistake they did and it could be either too late for some of them, or they may have gone back to their old jobs in another company. All in all, the bull market makes everyone believe that they are great traders and that should not be the case.

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Quote from: uneng on March 14, 2022, 07:00:41 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.

You could barely see them because they arent posting or letting themselves known publicly and decided to be silent on what they are doing and only a few would really be boasting up that they are a full time trader.
But for sure they do exist and there are people who do really able to sustain this market which is something that is hard to attain or reached by someone.The ones who do able to make out some sustaining
trades for long term are the ones who are really doing well which is profitable honestly which you could really make this as a main source or full time job.

uneng

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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.

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Quote from: livingfree on March 14, 2022, 06:03:20 PM

Quote from: seleme on March 14, 2022, 05:24:31 PM

No, I am a part-time trader, and have no reason to go for full-time trading unless my trading account statement is incredibly good. There is no need to risk your daily job and go for "easy money" that is promised by scam trading signal groups. It is a win-win situation for scam altcoin shillers so they can scam you in 2 different ways. Don't fall to such traps and lose your job. Full-time trading is a profession and only pro traders know when it is time to leave the paycheck cycle.

I agree.

Even I can be a better trader in the future, I'll just do it as a side hustle while leaving my main assets on hold and keep working with the day job. It's better to be like that since I'm happy of what I've been doing.

Job security is important nowadays because of what's happening in the world. If you can bear with the risk then good luck but we all have options to bear with the situation.

With the economic crisis occurring around the world due to a prolonged pandemic, of course we must be wise in making every decision.
Including making crypto trading a full time job, it sounds very risky in my opinion, especially considering the highly volatile crypto market.
Unless we are proven to have been able to make regular profits at least in the last few years, that makes crypto trading a full time job not
a problem. The problem is when trading crypto, most people have uncertain income, then making crypto trading a side job is much wiser
in my opinion.

Yes.

Everyone needs to decide long term and short term for the better of our way of dealing these problems.

Both terms that will make you have a better life as you deal with these situations that we're experiencing which is no one can skip unless you're living with golden spoon and one of the millionaires and billionaires living.

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Quote from: seleme on March 14, 2022, 05:24:31 PM

No, I am a part-time trader, and have no reason to go for full-time trading unless my trading account statement is incredibly good. There is no need to risk your daily job and go for "easy money" that is promised by scam trading signal groups. It is a win-win situation for scam altcoin shillers so they can scam you in 2 different ways. Don't fall to such traps and lose your job. Full-time trading is a profession and only pro traders know when it is time to leave the paycheck cycle.

Well .. new comer won't see such things coming though.

They would only see it as a quick way to make money and instead doing that , they are gambling away the money they have in their daily trading activity.
The full-time trading fail and people will start blame everything for their own incompetence , i often laugh at such cases happened around my place, hillarious .

Topic: It seems that more people taking crypto trading as full time job - page 6. (Read 1023 times)