Treat trading as your job - page 12.

Lan75

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Quote from: creeps on October 23, 2018, 08:00:39 PM

Trading is not that easy, it requires a lot of research, and analysis treat trading as your Job!

We should take trading seriously as we are risking our very own money here.

Quote from: creeps on October 23, 2018, 08:00:39 PM

One of my friend asked me about the current exchange he is using, and what coins to buy so he can make profit. Well, I don't give any advice regarding on this one because for me if you want to make profit you should know it on your own. I just give some advice that if he really wants to become a trader, go take the process, learn more and you will see what coins to buy especially during this bear trend.

You are right, we can't advise what coins/token to buy because we have different preferences and ours might not suit them. The only thing that i could advise would be trader is "buy low and sell high".

posi

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Quote from: Reid on October 25, 2018, 01:48:30 PM

Quote from: creeps on October 23, 2018, 08:00:39 PM

Many beginners want's to become a trader, but they are skipping the process and start looking for an exchange as much as possible without knowing how to trade well. Trading is not that easy, it requires a lot of research, and analysis treat trading as your Job!

One of my friend asked me about the current exchange he is using, and what coins to buy so he can make profit. Well, I don't give any advice regarding on this one because for me if you want to make profit you should know it on your own. I just give some advice that if he really wants to become a trader, go take the process, learn more and you will see what coins to buy especially during this bear trend.

How do you see your trading activities? Are you just here to buy and sell or you are here to have more good coins and hold it until you make profit?

Process. I think that best suites the definition of starting to be a trader.

It cannot be rushed. A lot of times bad things happens to those who step in without even having knowledge and just going with the hype.
You must know what coin or token you will trade. Its history, updates, is it still being maintained? Those kind of stuffs which needs answers first and it takes time.

Most people that rush cryptocurrency trading I think crypto trading is just the act of buying cheap and selling at high price base on past story they read about cryptocurrency from some crypto early adopters and we both crypto currency is far more than that after the high traffic.

BitHodler

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Quote from: naidray on October 25, 2018, 12:13:05 PM

I still think long term trading beats short term though.

Define long term trading. If it's like a year at minimum, it's more like an investment rather than a trade. Overall, the farther people distance themselves from trading, the more likely it is for them to profit. Based on that you are right.

The only thing is that it might just as easily work against you. I'm cherry picking now, but if you bought last year during the bull run, which a lot people did in the hope to profit, they for sure regret it right now.

It can easily take a couple of years before these people see the price go up to the point at which they finally break-even. It's the perfect example of how longer term investments don't always result in a positive outcome.

I think that's also why derivative platforms have gained a tremendous amount of popularity. It allows people to profit from any market direction, regardless of the sentiment. Big plus in my opinion.

avarnet

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of course because one of my jobs is trading in the crypto world, so I made it into my trade, the results of which were big enough for myself

Reid

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Quote from: creeps on October 23, 2018, 08:00:39 PM

Many beginners want's to become a trader, but they are skipping the process and start looking for an exchange as much as possible without knowing how to trade well. Trading is not that easy, it requires a lot of research, and analysis treat trading as your Job!

One of my friend asked me about the current exchange he is using, and what coins to buy so he can make profit. Well, I don't give any advice regarding on this one because for me if you want to make profit you should know it on your own. I just give some advice that if he really wants to become a trader, go take the process, learn more and you will see what coins to buy especially during this bear trend.

How do you see your trading activities? Are you just here to buy and sell or you are here to have more good coins and hold it until you make profit?

Process. I think that best suites the definition of starting to be a trader.

It cannot be rushed. A lot of times bad things happens to those who step in without even having knowledge and just going with the hype.
You must know what coin or token you will trade. Its history, updates, is it still being maintained? Those kind of stuffs which needs answers first and it takes time.

rumexx

full member

Activity: 476

Merit: 100

The problem with some people is that they are always in a hurry and they will miss the most things. Trading is an act which you must learn if you must succeed on trading. Trading can make or mar anybody but those who learn to trade will always remain in the market doing what they know best while those who skipped to learn how to trade will always be refunding their accounts after losing each time. Every endevour has a procedure on how to do it and succeed and there is no other way. So learn and learn well so that you will be one of best.

hulla

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Quote from: Cling18 on October 24, 2018, 08:56:01 PM

Quote from: creeps on October 23, 2018, 08:00:39 PM

Many beginners want's to become a trader, but they are skipping the process and start looking for an exchange as much as possible without knowing how to trade well. Trading is not that easy, it requires a lot of research, and analysis treat trading as your Job!

One of my friend asked me about the current exchange he is using, and what coins to buy so he can make profit. Well, I don't give any advice regarding on this one because for me if you want to make profit you should know it on your own. I just give some advice that if he really wants to become a trader, go take the process, learn more and you will see what coins to buy especially during this bear trend.

How do you see your trading activities? Are you just here to buy and sell or you are here to have more good coins and hold it until you make profit?

I find it hard to treat trading as our primary job because the income that we might gain is not permanent so i could not sustain all our daily necessities so I just consider it as a extra source of income. The market is also unstable so we can't rely all our needs in trading.

Firstly, I believe you find it hard to treat trading as a primary job because you're not a day trader or don't much experience about crypto trading and that's nice though because we can't all do the samething. However, the OP of this thread was actually referring to some crypto trader which are lazy of learning trading basic analysis,skills and doing research, so he was telling them to treat crypto trading as their job.

pawanjain

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Nothing lasts forever

I can totally relate to this as I have experienced the same. I have been trading from quite a while now and my friend who is new to trading keeps asking me what to buy in order to get good profit.
He often asks me how to know if a coin will go up soon and how to know the right time to buy and sell. I advice him to learn and practice trading on his own rather than depending on a second person for such things.
We can't keep on asking others for our investments. It's better to research and analyse the market on our own and then make the investment. Even if we loose the money, we won't have to blame others for this.

naidray

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Quote from: creeps on October 23, 2018, 08:00:39 PM

How do you see your trading activities? Are you just here to buy and sell or you are here to have more good coins and hold it until you make profit?

It is almost considered as my "job". My real job is freelance work but in reality I am taking bitcoin as a payment option and because of that I end up getting bitcoins in my wallet instead of fiat and I have already stopped taking fiat as a payment option almost 2 years ago which means I do not really have a use for it.

Since then, I try to cash out only minimal amount of bitcoins I have and spend it on real life stuff and pay the bills and whatever I have left goes straight to binance and I try to trade there. Since it is a viable deal to make money via trading it is still important to spend a good chunk of time deciding on what to buy because you can't overreact or rush into buying something considering it would ruin your financial future if you do that.

You need to be careful and you need to take your time before doing anything. I still think long term trading beats short term though.

millensharon8

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Quote from: Ctn on October 24, 2018, 10:45:44 PM

The more serious you are with this the more focused you will be with it. So yeah I do believe that trading is not just something which gets invested at the first seconds and then expect returns within next seconds. Nope, it do need a lot of research, putting out time in it and then working out the proper math for the final results. Crypto currencies are behavioural assets, they behave according to the nature surrounding to them. Any single mistake around the projects, government decisions, investors movements and much more can change the trading patterns and ultimate fate of what we have traded. Cheesy

So its out duty/job to be more careful about it than ever.

That is the thing! And most especially when you have the zeal to want to do things right. A lot of people today are always in a haste to learn, in a haste to start making money and then the basic things they need to know they do not get to know it.

Trading is a profession that requires great knowledge and it can be a job when you are good at what you do as that is basically the main idea anyway, but you will wish it is a job you do not take, if you do not have enough knowledge and experience to get the best from it. In terms of experience, it is necessary to at least test out your strategy several times before going into the real world, and of course you cannot even have a strategy to build on, if you simply do not learn.

otundebis

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Activity: 630

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Trading is a very engaging activities and trading cryptocurrency is full time job indeed! Treating your trading acts will keep you organised, focus and more importantly make sure that you trade to profit!

LogitechMouse

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Quote from: creeps on October 23, 2018, 08:00:39 PM

Many beginners want's to become a trader, but they are skipping the process and start looking for an exchange as much as possible without knowing how to trade well. Trading is not that easy, it requires a lot of research, and analysis treat trading as your Job!

One of my friend asked me about the current exchange he is using, and what coins to buy so he can make profit. Well, I don't give any advice regarding on this one because for me if you want to make profit you should know it on your own. I just give some advice that if he really wants to become a trader, go take the process, learn more and you will see what coins to buy especially during this bear trend.

How do you see your trading activities? Are you just here to buy and sell or you are here to have more good coins and hold it until you make profit?

This is the problem with most people who want to be a trader. They are skipping the process and they don't want to learn. They want to make profit immediately without proper learning. This is another way of giving money to others. Not knowing what you need to know regarding trading.

I'm trading at this moment but not that much. I'm more of a hodler right now. I don't give any advice too to other people because I'm not an expert trader. I let them go to the process of learning it if they want to gain profit in trading.

GREATLOVE

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Quote from: creeps on October 23, 2018, 08:00:39 PM

Many beginners want's to become a trader, but they are skipping the process and start looking for an exchange as much as possible without knowing how to trade well. Trading is not that easy, it requires a lot of research, and analysis treat trading as your Job!

One of my friend asked me about the current exchange he is using, and what coins to buy so he can make profit. Well, I don't give any advice regarding on this one because for me if you want to make profit you should know it on your own. I just give some advice that if he really wants to become a trader, go take the process, learn more and you will see what coins to buy especially during this bear trend.

How do you see your trading activities? Are you just here to buy and sell or you are here to have more good coins and hold it until you make profit?

Treat trading as your job i think it yes because my cousin it she treat it as her job because its not easy to trade you need more time to make your grad successful.

blackhawkeye1912

sr. member

Activity: 784

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Trading is not as simple as buying and selling as newbies in cryptocurrency trading. If you really want to learn trading, you should invest enough time to study and significant experiences. At first you may experience failure or loss but don't lose hope cause these experience will make you better trader.

darasinmi4show

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May be people or someone can treat trading as job. However, if someone want to treat trading as job he must be able to have a good or big capital to run the trading. It is good to trade or invest but one must be careful about what he will calk invest into.

Huskarls

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Quote from: creeps on October 23, 2018, 08:00:39 PM

Many beginners want's to become a trader, but they are skipping the process and start looking for an exchange as much as possible without knowing how to trade well. Trading is not that easy, it requires a lot of research, and analysis treat trading as your Job!

One of my friend asked me about the current exchange he is using, and what coins to buy so he can make profit. Well, I don't give any advice regarding on this one because for me if you want to make profit you should know it on your own. I just give some advice that if he really wants to become a trader, go take the process, learn more and you will see what coins to buy especially during this bear trend.

How do you see your trading activities? Are you just here to buy and sell or you are here to have more good coins and hold it until you make profit?

I think that part is what certainly makes people easily bored in starting trading, because we know the financial ability of each individual is different.
I myself in trading need to think a few times before buying a coin that is worth buying, because it is a factor of the trend that has occurred in the last few months

sana54210

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Quote from: creeps on October 23, 2018, 08:00:39 PM

Many beginners want's to become a trader, but they are skipping the process and start looking for an exchange as much as possible without knowing how to trade well. Trading is not that easy, it requires a lot of research, and analysis treat trading as your Job!

One of my friend asked me about the current exchange he is using, and what coins to buy so he can make profit. Well, I don't give any advice regarding on this one because for me if you want to make profit you should know it on your own. I just give some advice that if he really wants to become a trader, go take the process, learn more and you will see what coins to buy especially during this bear trend.

How do you see your trading activities? Are you just here to buy and sell or you are here to have more good coins and hold it until you make profit?

You know, for a while now, a lot of people have decided to take trading with some easy hand or will I say with levity and that is the reason why so many people have gotten burned. Trading is a job that can be very reliable and you can do each and every day to get something substantial from it, but it just will not happen easily that way as it takes a lot of learning just as any other profession out there.

As long as you do not see the need to learn and practice, there will always be a problem one way or the other in the long run. The best is to learn, know what you are doing, practice and gain confidence and in no time, you will see the great result.

Jahmal32

copper member

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Quote from: creeps on October 23, 2018, 08:00:39 PM

Many beginners want's to become a trader, but they are skipping the process and start looking for an exchange as much as possible without knowing how to trade well. Trading is not that easy, it requires a lot of research, and analysis treat trading as your Job!

One of my friend asked me about the current exchange he is using, and what coins to buy so he can make profit. Well, I don't give any advice regarding on this one because for me if you want to make profit you should know it on your own. I just give some advice that if he really wants to become a trader, go take the process, learn more and you will see what coins to buy especially during this bear trend.

How do you see your trading activities? Are you just here to buy and sell or you are here to have more good coins and hold it until you make profit?

Gradually begin. First bought, and kept. Then I liked the process of trading, and I began to trade more actively.

johnwest

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You cant do trading as your primary job unless you dont care losing your principle or you have a fixed income through which you can sustain. The market is bearish still and it will be harder to trade unless we see a bullrun.

nicster551

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Quote from: creeps on October 23, 2018, 08:00:39 PM

Many beginners want's to become a trader, but they are skipping the process and start looking for an exchange as much as possible without knowing how to trade well. Trading is not that easy, it requires a lot of research, and analysis treat trading as your Job!

One of my friend asked me about the current exchange he is using, and what coins to buy so he can make profit. Well, I don't give any advice regarding on this one because for me if you want to make profit you should know it on your own. I just give some advice that if he really wants to become a trader, go take the process, learn more and you will see what coins to buy especially during this bear trend.

How do you see your trading activities? Are you just here to buy and sell or you are here to have more good coins and hold it until you make profit?

I know. I too treat my trading as my only job and I focused on it every day by planning my next move and for the future. Many people treat trading as a gamble.

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