Trading is new occupation - page 4. | Bitcointalksearch.org

Lorence.xD

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Quote from: jackg on October 15, 2020, 02:53:51 PM

Since capitalism (~1700ad) it's been a job afaik.

Banks are traders too essentially and people like Warren buffet have claimed to make 50%+ interest a year when he had a small <1m fund and there's normally always something that grows well that's not been noticed yet if you were to keep a look out afaik.

It does look like an easier way to enter though than stocks (the lack of kyc is quite nice too).

Ever since the barter system time I think they are technically trading. I have read a concept where monarchs were investing in sailors who are going to explore new lands, so technically ever since the quest for lands there have been traders although most of them are long term.

sky110

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Quote from: Twentyonepaylots on October 15, 2020, 03:08:27 PM

Trading isn't a new occupation, an occupation on simple terms is a role in the society such as paying taxes for economic growth which you can barely find in cryptocurrency trading. Also an occupation is a profession, a job where you can get paid to earn money while trading is a risk though a trader has bee trading for a very long time, still he's not sure of what will be the market looks like in the next hour, in short he's earning through pure speculation.

at some point money is a speculation we should work and get products and services not money, indeed about taxes you are totally right, but lot of traders are bloggers so then they have an occupation

Kelvinid

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In these hard times as most of us become jobless, staying at home, and have nothing to do it can be considered as an opportunity, not an occupation IMHO. The risk that involves in trading makes every trader feel some worries when the market correction comes. And I don't think that they keep their position if the pandemic is over, it for sure many traders will find a job that has less risk/ or nothing.

ice18

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What trading are we talking here? Is it crypto trading? if yes then yeah trading crypto is the new way to earn without leaving in your home and by just using browser and internet connection the difference of trading into some other source of income is you need a portion of your money to start and this also called an investment you buy share then sell for profit but you need skills to become a successful trader you need to learn and learn and apply it if you trade without having some knowledge you might lose your money very quickly, its profitable but risky.

maydna

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Many people who have skills in trading decide to use trading as their main job. I believe that they can have the opportunity to make money from trading and fill their daily needs from trading. That is why many people attract the trading business because they think that if they start trading, they will make a lot of money. That will not be easy because they need to learn step by step the trading lesson before they can be a pro trader. The lesson will not just come from one source, but it will be searching for the other sources to improve our skills in analyzing the market.

maxreish

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Quote from: Polo7 on October 15, 2020, 02:48:42 PM

I Know myself not me but 2 persons who are full time cryptocurrency traders.

More More and More People start Living by Trading.

Its a New Type of occupation now how

Does that 2 persons living a good life now as a full time crypto trader? What type of trader are they? Margin trader, swing, day trader?
Honestly, even the most experienced trader fall from trading. That is why, I don't wanna rely only and not considering my profits in trading as my stable income because risks are always taken place in a volatile crypto market.

I am trading while having a full time job, but we have diffedent point of views and decisions. Good for them if they constantly gaining profits that will provide their financial needs but I am not that too confident yet to be a full time trader and give up my stable job.

usekevin

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Trading is like a investment platform,you can do it as like a business.You should have some capital money to inverse in it.And analysis of the market is very important or else you will lose which you had invested in trading.It doesn't mean,you will loss the entire investment.You only face a percentage of loss,if you are not stay updated.Updation is a needed one in trading.

Ridwan Fauzi

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Yeah it can be but depend on the trader itself, for new trader who just came for at least three months I don't think that is a good way to be made as a source income, you may need another income to meet your daily life. This is happen to me who decide to be a full time trader because I was dismissed in my work before. And I feel for new trader is not worth if you just rely on it.

There is many risk that you will be faced, the passive income maybe will come when you are an expert in this field and maybe it will takes three years to achieve it. New trader will only focus on how he must maintain the capital they spend, not to make a profit. Whereas when he gets a profit maybe it is just a bonus to gain confidence when they enter the market.

electronicash

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if they know how to trade theyd be profitable and there is nothing wrong to it. there really are people doing it but its not for all. having 1000USD is enough to earn but you must be very good at it.

trading has better chance of succeess than the success in robbing banks.

TGD

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Quote from: Polo7 on October 15, 2020, 08:54:38 PM

Quote from: btc-facebook on October 15, 2020, 08:30:47 PM

How can you think that trading is a new occupation?
trading has been around since a long time ago, it's just not very well known among the public, but since there was a pandemic and many people were forced to be at home, they tried to do new things to get money and finally tried trading, but trading is not a new occupation because trading is full of risks and not everyone can trade especially cryptocurrency trading.

When you rob bank you also have risk right? 🤣
No risk no rewards

Robbing a bank is not a job. Its a crime dude. A job/occupation is a paid position of regular employment. You are working without the risk of losing money on the other side. Those at home trader is not an occupation because they are not employed to anyone and also they are gambling there money on trading. Trading is a profession and not a job.

There's a scenario that trading can be a job. It's when they are fund manager of certain financial company. There job is to trade other people money.

Polo7

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Quote from: btc-facebook on October 15, 2020, 08:30:47 PM

How can you think that trading is a new occupation?
trading has been around since a long time ago, it's just not very well known among the public, but since there was a pandemic and many people were forced to be at home, they tried to do new things to get money and finally tried trading, but trading is not a new occupation because trading is full of risks and not everyone can trade especially cryptocurrency trading.

When you rob bank you also have risk right? 🤣
No risk no rewards

btc-facebook

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How can you think that trading is a new occupation?
trading has been around since a long time ago, it's just not very well known among the public, but since there was a pandemic and many people were forced to be at home, they tried to do new things to get money and finally tried trading, but trading is not a new occupation because trading is full of risks and not everyone can trade especially cryptocurrency trading.

Kasabus

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Quote from: palle11 on October 15, 2020, 07:39:59 PM

Quote from: chaser15 on October 15, 2020, 07:01:18 PM

If there are people who make living from trading, then I'm happy for them.

Many people keep making profit in trading. More are learning it. I think the reason is that job promises are failing and this is why people are taking to trading for a long time before crypto emergence but now the number is increasing by the day. Businesses have come into the internet, many are adopting the trade.

Trading as of this time of pandemic has given more good income to people particularly for those who have been unemployed and so they resort into trading for an income. Trading might not be considered an occupation because of its high risks but the fact that skilled people are gaining good profits from it has made other people think that it can be a good occupation too.

Danslip

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Since the pitch traders who have actively traded the stock shares, the trading is considered as a serious full-time job. The life of a trader is hard, stressful, and full of problems. The daily life and work balance is the most important thing for making a profit from trading and controlling your mental health. Mastering yourself can lead to swing trading, after learning the trading as a part-time job jumping to full-time trading is acceptable in the finance world. This is for traders who control their own capital, hedge fund managers live with making huge bonuses.

palle11

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Quote from: chaser15 on October 15, 2020, 07:01:18 PM

If there are people who make living from trading, then I'm happy for them.

Many people keep making profit in trading. More are learning it. I think the reason is that job promises are failing and this is why people are taking to trading for a long time before crypto emergence but now the number is increasing by the day. Businesses have come into the internet, many are adopting the trade.

Yaunfitda

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Quote from: Polo7 on October 15, 2020, 02:48:42 PM

I Know myself not me but 2 persons who are full time cryptocurrency traders.

More More and More People start Living by Trading.

Its a New Type of occupation now how

You just have to look at threads way back 2017 and early 2018, others quit their job and focus on crypto trading because they are making more money. But that completely chance when we enter the bear market. So yes it could be a new type of occupation, but there are big risk as well. You can't really say how much you are going to earn. And then you have capital to begin with, huge capital so that you can make huge profit as well. So it's going to be very difficult to say that crypto trading could bring food in the table for your family 24x7x365.

maketvn

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I'm sure you were wrong, trading is around for a long time, and cryptocurrencies are only just added to traded items.

Quidat

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Quote from: chaser15 on October 15, 2020, 07:01:18 PM

An occupation by layman terms can also consider as a job and profession. Since trading is here for a long-time now, then it's not a new occupation. There are lots of people already who take it as a profession (that's why there are professional traders).

I can't rely on trading to make a living as I want all my trading funds just be intact with trading purposes.

If there are people who make living from trading, then I'm happy for them.

For sure there are people who do make trading as a main source of income for their living.We know its possible but this wont really just fit out to anyone.
Being profitable or sustainable in training isnt something that anybody can able to do so.It is indeed considered as a occupation but not literally since
if we do compare it on a day stable job or profession then i dont consider for it to be included into the criteria but since they had been on the market for a while now
then it will be considered as new occupation.Its no point to make argumentation about it because as long people do make money then it will really fit out into that category.

chaser15

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An occupation by layman terms can also consider as a job and profession. Since trading is here for a long-time now, then it's not a new occupation. There are lots of people already who take it as a profession (that's why there are professional traders).

I can't rely on trading to make a living as I want all my trading funds just be intact with trading purposes.

If there are people who make living from trading, then I'm happy for them.

jossiel

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In stocks, there are people who are living well off with trading in that market. Before the arrival of cryptocurrencies, everyone has already seen this opportunity and can be a career. But to tell you, this is one of the hardest jobs and sources of living if you decide to be one.

Ask those people you've known how their life is. They may say that it's easy because they're already aware of what to do. But ask how they became a day trader, they have a lot of a hard time going at the top and be familiar with strategies and learning the charts.

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