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Topic: TRADERS are not UNEMPLOYED - page 6. (Read 2193 times)

hero member
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May 18, 2024, 01:53:08 PM
TRADERS are not UNEMPLOYED
Crypto trading and unemployment are two different problems, where someone is an expert and understands crypto trading, of course this activity can become a job that makes him a lot of money every day, that's for sure, but it applies to those who are experts in that field/trade.

On the other hand, for those who do not understand trading at all, they only know, they have never studied, they immediately want to trade, If that happens, I'm sure that trading could result in unemployment and disaster for him, the understanding of these two factors depends on how they do it.
Of course, trading is a job. But if one does it without acquiring prior knowledge and skills first and thus may lead into losses instead, then you won’t no longer see it as a job that creates opportunities to provide an income, but more of an idleness. You are doing it to take shortcuts to success and getting rich, which in return lead you to a more miserable life instead.
Would really be that only considered to be as a job on the moment that you would really be going full time with it but if we do speak about having trading in together with your main day job then it would really be just that a side income but of course it doesnt matter on what its called because it would really be still having on the same purpose on which it would really be that basically earning money. The only thing which should be avoided is to make it as your last resort specially if you are jobless or someone who doesnt have some income. Dealing up with trading couldnt really be just be able to obtain or something that you could really be able to learn in a short time plus it wont really be giving out an assurance that you do able to get or make money with it on which simply means that you are really that putting up yourself at great risks on losing instead of earning.

In the moment that you do come into this point then it would really be better that you should be taking it slowly but surely. Dont expect too much about positive results all the time. Markets unpredictability
would be the toughest thing that you would be able to encounter.
sr. member
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May 18, 2024, 10:51:50 AM
Quote from: GideonGono
Everyone has a different opinion when it comes to work or employment.
Some might consider crypto earners as unemployed, but for others as long as you are doing something and earning through it, then they would consider it as work or employed.
There were so many people who considered me as an unemployed even though I am earning in crypto and my earning before was even higher than a regular wage earner.
To me, crypto traders are not unemployed because they are earning from where they invested their money that make them employed traders, and from there they can generate more profit to establish other business that will make them wealthy like the way other Fiat traders use to increase higher through their trading.

Those that considered you as unemployed traders is because they never see the results of what you are trading, and they need to know what you are trading and what you are achieving from your trading before they will confirm you as employed person in the area.

Since am use to crypto trading over some years now, I will know that you are a confirme employed trader because you are making profits from your crypto trading.

hero member
Activity: 2716
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May 15, 2024, 05:00:02 PM
TRADERS are not UNEMPLOYED
Crypto trading and unemployment are two different problems, where someone is an expert and understands crypto trading, of course this activity can become a job that makes him a lot of money every day, that's for sure, but it applies to those who are experts in that field/trade.

On the other hand, for those who do not understand trading at all, they only know, they have never studied, they immediately want to trade, If that happens, I'm sure that trading could result in unemployment and disaster for him, the understanding of these two factors depends on how they do it.
Of course, trading is a job. But if one does it without acquiring prior knowledge and skills first and thus may lead into losses instead, then you won’t no longer see it as a job that creates opportunities to provide an income, but more of an idleness. You are doing it to take shortcuts to success and getting rich, which in return lead you to a more miserable life instead.
sr. member
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May 15, 2024, 01:08:50 PM
or let them know you pay your rent yourself or contribute to the family and it comes from your pocket because you have a job online. you just have to show your achievements, those kinds of people are materialistic, they need to see your expensive car.  Grin

Yeah. For sure, no one will believe if you don’t bring anything to the table or don’t help them financially. Although it is better if you hide your source of income and do not showcase it, when you see that your family members see that you are doing better and you are not helping when they need it, there will be a problem because they won’t trust you and will see you as someone who is doing something illegal online.

However, you may view it as a joke that you said someone should buy cars and other expensive things, but to me, it is a good thing and not a joke because that is another way that will make them believe that you have something to do online and is not illegal because if it’s illegal, you won’t show things you have achieved. 



For the heading of the thread, I can say yes, traders are employed because trading money is not a permanent source of income like a government job where you will be earning money monthly as trading can rek you at any time. trading will make you go broke in seconds, and that is why I won’t see it as a source of income.
sr. member
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May 15, 2024, 12:34:40 PM
Everyone has a different opinion when it comes to work or employment.
Some might consider crypto earners as unemployed, but for others as long as you are doing something and earning through it, then they would consider it as work or employed.
There were so many people who considered me as an unemployed even though I am earning in crypto and my earning before was even higher than a regular wage earner.

Exactly, the activities we do depend on the point of view of those who see it, there are those who understand that always spending time in front of the computer, those who see it will say it's useless, but when they find out that what we do produces large amounts of money, they will let it go. and maybe will provide support to us.
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May 15, 2024, 11:57:07 AM
Everyone has a different opinion when it comes to work or employment.
Some might consider crypto earners as unemployed, but for others as long as you are doing something and earning through it, then they would consider it as work or employed.
There were so many people who considered me as an unemployed even though I am earning in crypto and my earning before was even higher than a regular wage earner.
sr. member
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May 15, 2024, 11:43:57 AM
I think if we start trading instead of sitting unemployed it can bring us a lot of good things. But I have seen that people who are busy with trading can get good idea about trading. But I have been away from trading for a long time before now again.  I have started trading again. If you trade you can earn good amount of money from here but for this you have to have a good idea about trading.
What do you mean by getting good things or good ideas in your trading? Are you equipped with knowledge about trading? Remember, in my opinion, getting a profit in trading is not easy to get. They definitely go through a process that is not quick and easy, they definitely experience quite a lot of losses in their learning process and it takes a lot of time. This is a job that not many people do, this job is full of quite big risks. If you have mastered the knowledge in trading, you will get everything in this job, you can even exceed the success of traditional workers in general.



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May 15, 2024, 10:25:06 AM
Not all traders can use trading to make money. According to some reports that I have read before, most traders are losing. Those with small amount of money will lose because they risk more and not patient. When someone will think of trading to make himself money, he may lose. If you are trading, you should not consider it as a job. You need a reliable job. Trading is risky like gambling and it should not be seen as a job.

The majority of the traders are really losers most of the time; only a few, we can say, get earnings from trading, and that depends on the extent of their understanding of trading here in cryptocurrency.

There are also others who do not think all their analyses are in line with the direction they see predicted, and only a few are correct in their predictions, and the majority are almost completely closed to it.

sr. member
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May 15, 2024, 10:00:22 AM
However, traders are advised to have a fairly stable side income to support their finances because the market always moves freely and unpredictably.

I hope you see how you're contradicting yourself with this statement. I know the importance of having side hustle even as a full time worker but someone who's employed and have confidence in their job will not be too bothered about side jobs. Let be realistic, trading is not qualified to be seen as an employment because of its nature. No one is calling traders unemployed but all we are saying is that trading is not a full time job, it's a side hustle on it own. You need to have a main job while trading should be the side one.

The point is, you can relied on your main job because the income is assured either weekly or monthly but side hustle income is not always guaranteed and you will not feel the impact too much if you have a main job. Relying only on side hustle like trading will sometimes make you handicap due to the inconsistency of the income.
jr. member
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May 15, 2024, 09:20:39 AM
Trading is one option for those who are seeking a stable job. Whatever people are saying about this whether it is a job or not, what is important is that it gives us a chance. In fact, traders also exert effort and time doing this just like we are employed. It is not different from other forms of jobs but it is special in the way that it involves high risk and no earning assurance. Although we can possibly earn huge amounts but also, the potential of losing our money is big. That is why many never find it the best option, only risk-takers choose this.
Trading becomes a job if you are consistently earning from it, but if you are only trading because others are trading and you are not making profits, probably it won’t fall as a real job. Once you don’t get paid in a single task or piece of work, that won’t be considered a job.

However, a lot still manage to find a job with trading, most especially for those who are good in technicals and even fundamentals in trading.
96% people they are losing money in the market, what technical analyzes do you need to understand? this does not work Huh  Grin
hero member
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May 15, 2024, 09:16:47 AM
Trading is one option for those who are seeking a stable job. Whatever people are saying about this whether it is a job or not, what is important is that it gives us a chance. In fact, traders also exert effort and time doing this just like we are employed. It is not different from other forms of jobs but it is special in the way that it involves high risk and no earning assurance. Although we can possibly earn huge amounts but also, the potential of losing our money is big. That is why many never find it the best option, only risk-takers choose this.
well, in fact, people will see it as a job when we make a lot of money from it. However, if we don't make a lot of money from trading, people will still say we are unemployed. In fact, we don't need to think about what other people say when we focus on an area. They will eventually recognize someone when they succeed at their job. A businessman will also not be recognized as an entrepreneur if he does not make any money from it, or only makes a loss. Sometimes, they are recognized by entrepreneurs and business people when they have been successful in that field.
Reality is, people demand proofs and evidences so they’ll be convinced. If they won’t see any progress, they’ll end up teasing you because you are not bringing an income from your said job, and treat you as unemployed. Although their words and criticisms should not matter, but I guess majority of us still get affected in the end. This is the reason why we should only trade privately, at least even if we end up failing, they won’t know so they won’t be saying negative words against us.
legendary
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May 14, 2024, 06:29:19 PM
Trading is one option for those who are seeking a stable job. Whatever people are saying about this whether it is a job or not, what is important is that it gives us a chance. In fact, traders also exert effort and time doing this just like we are employed. It is not different from other forms of jobs but it is special in the way that it involves high risk and no earning assurance. Although we can possibly earn huge amounts but also, the potential of losing our money is big. That is why many never find it the best option, only risk-takers choose this.
Trading becomes a job if you are consistently earning from it, but if you are only trading because others are trading and you are not making profits, probably it won’t fall as a real job. Once you don’t get paid in a single task or piece of work, that won’t be considered a job.

However, a lot still manage to find a job with trading, most especially for those who are good in technicals and even fundamentals in trading.
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May 14, 2024, 04:53:27 PM
TRADERS are not UNEMPLOYED
Crypto trading and unemployment are two different problems, where someone is an expert and understands crypto trading, of course this activity can become a job that makes him a lot of money every day, that's for sure, but it applies to those who are experts in that field/trade.

On the other hand, for those who do not understand trading at all, they only know, they have never studied, they immediately want to trade, If that happens, I'm sure that trading could result in unemployment and disaster for him, the understanding of these two factors depends on how they do it.
Well, as long as trading provides opportunities to gain profits, that will be considered a job that offers an income. You will exert time and efforts for you to succeed and be able to gain an income. However, if you jump into trading without learning and understanding its nature first, it will never be a job to consider. Although it might be an attempt to gain profits, but the process might only turn into a failure, and probably end up like gambling.
hero member
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May 14, 2024, 02:22:04 PM
TRADERS are not UNEMPLOYED
Crypto trading and unemployment are two different problems, where someone is an expert and understands crypto trading, of course this activity can become a job that makes him a lot of money every day, that's for sure, but it applies to those who are experts in that field/trade.

On the other hand, for those who do not understand trading at all, they only know, they have never studied, they immediately want to trade, If that happens, I'm sure that trading could result in unemployment and disaster for him, the understanding of these two factors depends on how they do it.
Or simply it would really be something that will be situational on which you would really be that making yourself be the one treating it out but of course it will really be still needed up whether this one could be able to support your living or not. Doesnt matter whether its a job or not into other peoples eyes but this one could be possibly to be one because anything that brings income will really be definitely be considered by this.
It is really just that there are people who are really that rushing themselves on learning trading skill because they would really be doing on such thing on which we know that this isnt something a skill that you could really be able to learn up on a short period of time on which it would really be something that you would really be needing up to take tons of time and money for you to have a good grasps of it.
There are ones who would really be that be able to succeed and there are ones who would really be definitely be failing out just because they cant bare out on whats the risks that involved with it.
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May 14, 2024, 11:01:44 AM
Quote
There are still many who think that trading activities are just fun and not a job, but trading is work, trading is categorized as self-employed or in the big dictionary -> people who work for themselves, so traders immediately refute those who think you are unemployed just because they don't see you have a boss, you are your own boss, don't be discouraged by what they say, if you are very comfortable and get consistent profits then keep it because when you try to find work out there, you it will only waste your opportunity to become a professional trader.

However, traders are advised to have a fairly stable side income to support their finances because the market always moves freely and unpredictably.

this original topic comes from a local topic that I created
Read More: https://bitcointalksearch.org/topic/m.62727614
From your title, well, it depends on what you term as the "trader." Some traders are only from the mouth, they are not earning in the field, so what do you call them? What do you call the person who still loses/wastes the little he has into trading without having any job to help himself? That is even worse than being unemployed alone, such is a waster. This is why I say this context is relative, so it should not be rigidly suggested for or against to avoid misleading people.

What the OP wrote is good, but that is for the dedicated souls who are really in for trading and are making money from it. Even if such a trader is not making money yet, the greenlight of money-making would have been seen for such to have such boldness in trading to build his career. I am a trader myself, and not just a trader, but a professional trader who trades every day and earns reasonably. But this is not without its huge challenges, how many people can stay? Even those who are earning regularly in a month or two could have a very challenging month that would threaten to take all their money. Is this what many can beat their chest upon that they have a job with? It's deeper than mere saying.

However, if you are a consistent earner for a long period of time, I congratulate you. Do not let anyone look down on you. Be proud of what you do. What earns for you consistently and that you can trust is what you should be proud of regardless of what anyone may say.
legendary
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May 14, 2024, 09:41:50 AM
TRADERS are not UNEMPLOYED
Crypto trading and unemployment are two different problems, where someone is an expert and understands crypto trading, of course this activity can become a job that makes him a lot of money every day, that's for sure, but it applies to those who are experts in that field/trade.

On the other hand, for those who do not understand trading at all, they only know, they have never studied, they immediately want to trade, If that happens, I'm sure that trading could result in unemployment and disaster for him, the understanding of these two factors depends on how they do it.
sr. member
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May 14, 2024, 08:27:29 AM
Yeah, some people do not make money from it and still think that they have a job. A job is something you make money from and if you are insisting on what you can do or can't do or what you should be called or not called then you are going to miss the point.

Bitcoin income from trading could be considered a job and then you would be considered employed but making that money is more important than being called whatever, if you are making money from trading then being called unemployed wouldn't matter to you. However, if you are not making money and keep insisting that you have a job and you are going to eventually get better and this is what you want to do, then eventually the money will run out and you are going to end up with nothing at all which will hurt a lot.
Having a job that gives us income that can meet the needs we need is of course very important because it is difficult to get daily profits from trading if you don't understand it well and even those who are experienced still experience failure in the trading they do because without realizing it they have make mistakes on their trades.

Of course, we don't need to think about what other people say if we already have income from the trading we do and other people say that we are unemployed and we only need to focus on the trading we do so that we can continue to make profits from trading.
legendary
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May 14, 2024, 04:15:23 AM
Business or not it wont really matter because we do have our own approach towards trading but in overall we are really just that aiming on the same thing on which to make money. Doesnt matter whether you are really that treating it as a job or investment. There are really just those individuals who are really that too mindful on how other people been treating up on things. Just like on what i have said earlier that doesnt matter on what are views towards it, we are still sharing up on the same views and mindset or simply our target. There are really just those people who are really that too sensitive whenever they do read up some words that they dont really like because they dont really accept it out. Trading could really be something a skill that will really be making you money but learning it wont really be something that
could be everyone will be able to get or would be able to learn up.
Yes, trading is a job or an investment, it's just a different way of calling it for each person and that really doesn't matter, what matters is whether we can make money from it or not. Even if we argue and prove ourselves right but we lose money in trading and even lose all our assets in trading, so what is the use of arguing with others?

To me, unemployment is when you cannot make money, cannot make a profit in your job. No matter how hard you work, if you don't make a profit, it's still unemployment or, more seriously useless.
Yeah, some people do not make money from it and still think that they have a job. A job is something you make money from and if you are insisting on what you can do or can't do or what you should be called or not called then you are going to miss the point.

Bitcoin income from trading could be considered a job and then you would be considered employed but making that money is more important than being called whatever, if you are making money from trading then being called unemployed wouldn't matter to you. However, if you are not making money and keep insisting that you have a job and you are going to eventually get better and this is what you want to do, then eventually the money will run out and you are going to end up with nothing at all which will hurt a lot.
member
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May 13, 2024, 04:54:13 PM
As said before, we call a person employed when he works for someone and gets paid on a regular basis and that too a fixed amount. But in case of trading this is not as it works. So yes technically the traders are unemployed. They don’t have fix income and sometimes don’t even make the money. But this doesn’t mean traders are poor, they make tons of money in single day only. But yes with this type of income it’s hard to pay regular bills. Hence I would prefer trading as part time only.
Technically you are talking right but if you are having money even this is not fixed and coming regularly, but you are able to spend this with things are getting better for you, It's also good and then peoples will never talk about you as unemployed because you're all things are setting, and you are having enough money for buying your daily usages.
Trading has never been taking as employment with usually its talk as business or traders so it's also good to touch with this and also having chance of earning good amount regularly which is currently important as inflation is rising and peoples are losing their power or buy which is surely not good thing.
sr. member
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May 13, 2024, 04:48:12 PM
No one will call you unemployed when you have a lot of money. It doesn't matter whether you have a job or not, having money means you are not unemployed. If you can support yourself and your family by trading then you are employed, if someone asks you, you will proudly say that you do online job which is my source of income. But if trading is your only source of income then you need to focus on your capital. In that case you have to do day-trading. More capital means more profit. Example - If you make $2 from $10, you can make $100 to $20. So in this case you need to have enough capital.
In order to sustain yourself only from trading you will require a lot of capital, which is why many people trade as their second job or convince others to pool their funds and increase the capital they have at their disposal while charging a small fee for the service, so the number of traders that can actually trade the markets exclusively for a living is very limited, and from that number the amount of those that fail is very high, while many others despite the success they can get, decide to stop trading as they discover it is too taxing to trade for a living.
Having tons of capital or big ones doesnt give out an assurance that you would be able to make yourself that support on day to day living or income with trading on which we know that it would really be still that varying or would really be that depending on how well you would really be making up your trades. WE do know that market is really that random and really that volatile on which you would be needing up that a skill that it is really that something that could really be able to sustain you for you to be able to make yourself that making trading as your main source of income. If you cant, then you shouldnt really be still making yourself having such decision on making it as a job. Doesnt matter on what we do call trading on, whether investment/job/hobby or whatsoever as long we are really that wary on the things that we are dealing off with then it would really be just that aiming on the same thing is on which to make some profits.
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