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Topic: Trading is new occupation - page 5. (Read 715 times)

sr. member
Activity: 1064
Merit: 265
Vave.com - Crypto Casino
October 15, 2020, 06:47:16 PM
#9
I know lots of peoples they are a full-time crypto trader. It's hard to say that they are only talking about crypto and the influence of crypto. a few days ago called him to met and he always tries to teach me more and more about crypto trading. Even they earn more than expected. Even in our country 1st rated govt. holder salary is lower than their earnings.
hero member
Activity: 2590
Merit: 644
October 15, 2020, 06:10:02 PM
#8
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
^ Nah, I am not considering this as a new occupation.
Trading is a sort of gambling that anytime soon you will unlikely loss, that means that you are risking your money instead of making it grow. Occupation for me it is a kind of job that requires my skills and knowledge without spending or risking money. But trading is far different from what I am talking about, you need to risk your money just to earn a few bucks, I don't think that is what you called an occupation which is completely not of me. Nevertheless, we have a different perspective view in lifestyle. If you think that it is enough for you, you can do that thing.
jr. member
Activity: 392
Merit: 7
October 15, 2020, 05:56:37 PM
#7
How people will work if they are going to lose something in the end?
Trading is far to become a job because you need to invest and it depends in your move if how you can make a profit.

A job should be stable with salary(Bi-weekly or monthly.) it's different on trading.
Trading is more likely the same as business because you invest and make profit but business is way more practical option because if you success in business your profit may become stable unlike trading.

Trading is only good as a hobby or sideline to make an extra profit but don't focus on this if you are looking for a living you must focus on looking for a real job and make trading as your another source of profit but it's not 100% that you will always make a profit it's still depends in your strategy.


Maybe there are some people who can live with trading and treat it as a job but I think those people already have many experience and big investments in trading where they can trade even a small movement of the price. So if you don't have such a big amount you can't able to make a good profit in the short period of time and it may even lead to losses(from fees as sample).



I Don't know but I seen people who do trading as Job and all with leverage.
I guess the profit margin is so good then the losses Don't scare them.
But sure Long years of experince
legendary
Activity: 3374
Merit: 3095
BTC price road to $80k
October 15, 2020, 05:50:26 PM
#6
How people will work if they are going to lose something in the end?
Trading is far to become a job because you need to invest and it depends in your move if how you can make a profit.

A job should be stable with salary(Bi-weekly or monthly.) it's different on trading.
Trading is more likely the same as business because you invest and make profit but business is way more practical option because if you success in business your profit may become stable unlike trading.

Trading is only good as a hobby or sideline to make an extra profit but don't focus on this if you are looking for a living you must focus on looking for a real job and make trading as your another source of profit but it's not 100% that you will always make a profit it's still depends in your strategy.


Maybe there are some people who can live with trading and treat it as a job but I think those people already have many experience and big investments in trading where they can trade even a small movement of the price. So if you don't have such a big amount you can't able to make a good profit in the short period of time and it may even lead to losses(from fees as sample).
hero member
Activity: 2030
Merit: 578
No God or Kings, only BITCOIN.
October 15, 2020, 05:22:43 PM
#5
If you think you can earn money day after day you can actually call that a job I suppose. Maybe those guys you know knows how to handle the risks and careful managing their trading strategy, it's a good thing but since this isn't permanent the risks are still their lying and it may call unprecedentedly. Indeed we can say people see it as a job but not all are successful in this venture only few have got into the fortune of trading.

I don't know the real secrets of it but definitely it's patience and not faltering from those mistakes you made in the past doing some trades instead taking it as a lesson. They say "failures are part of success". It may not be called a job if at the halfway you quitted.
sr. member
Activity: 2226
Merit: 347
October 15, 2020, 03:44:22 PM
#4
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.
Main difference between the two;

-In trading you indeed risk capital, on having a job or occupation does not.
-Working place difference
-Stress level

Some said its an occupation now then its better not to argue with this one because it can or cant be recognized a one.
Thing here is that people do really make money out of it or even relying on day to day living.
sr. member
Activity: 1918
Merit: 370
October 15, 2020, 03:08:27 PM
#3
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.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
October 15, 2020, 02:53:51 PM
#2
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).
jr. member
Activity: 392
Merit: 7
October 15, 2020, 02:48:42 PM
#1
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
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