Bitcoin Forum

I mean of all the people who are trading do majority just do it as a side job for just a little profit or most of the traders dedicated traders who don't have any side jobs?
What type of trader are you?

Yes, many traders are just improvised gamblers. They don't understand trading is a serious and very difficult job, that's why they end up losing.
I don't trade since I don't have much time to learn it. Better to buy and hold.

Not the majority of them are traders. Only a few of the people doing trading professionally. If you mean selling crypto as being a trader, then it's right, they're all traders in the society.

People with enough funds obviously do part time trading if they can learn how its done. They don't worry much about it though because it is not full time for them, so they just do it for just earning some extra money, and they know if they lose, it wont effect them much. Professionals traders are always very conscious about the things in trading because it is what they do, and they have no other sources of earning. So even one small mistake can make them pay a lot.

Back when I was in the Philippines, almost all of the people I knew are full-time professionals ranging from Architects, Engineers, Doctors.. you name it. Then along came bitcoin and everyone switched to mining and trading. Now in our circle of friends, almost all have mining rigs and trading. Heck, some of them even attended classes for technical analysis and whatnot in order to give themselves the edge to perform better in trading. Majority of the people are still humble professionals with some aiming to trade bitcoins in hopes of getting some hefty profit quickly.

I myself trading fulltime cryptocurrency, forex, and stocks from past few years and I knew that people love to do trading as it gives us freedom of time and money both if we take this profession as a business. But it takes tons of effort for changing part time job business into a full time business. It took me around   years of hardwork to change my part time trading into a full time business and i am doing quite successfully and happy with it.

the majority traders should be part time players,
only some people use it as their full job in their real life because it's very risky.
we can lose all of our money in the second,that is why many people choose trade as their side job to get profit.
i always remembered this from friend of mine :
'Trading is very hard and risky,you can lose all of your money without noticing it but at the same time you can gain a lot from it.
remember,do not put all of your money into it.
always play something that you can afford to lose,and be smart'
i can be considered as a full time traders because i spent a lot of my time doing the trade.
i am looking at it not as a job but instead it's my passion,i really like doing the trade.

I am a night trader who doesn't have side jobs. I trade only if there is a sure profit and if the price of the coin that I bought keeps falling, then I do nothing and wait for it to rise again even though it's risky. I am ready for the outcomes, win or lose. Soon I'll look for a decent job and make trading as part time.

When the price of bitcoin was well below $1000,there was many traders who were not that curious on leaving their main job and concentrate full time of trading and analyse things,but in the past few months,big money is poured into bitcoin and we would see big market movements and the amount of users will be real professionals.

In the world you can meet every type of people. Some people do trade as a part time while some people do job as a part time and trade is their aim also some people don't even know about trade or a job. Most people look to their profit and then according to the profit and income they perform a job or trade and I think that is the right way because people do their best in their own way.

I am convinced that most of those who are part of this business are newcomers fascinated by the possibility of becoming rich through trading, with no more weapons or strategies than their enthusiasm and confidence. And that's why it's so common to see people complaining about their failure eventually, calling the bitcoin a Ponzi scheme or similar stupidities.

In my personal case, I have been involved in this business for more than five years, and most of my income definitely depends on my trading strategies and decisions.

Side Job, buy, wait signals and sell.
My core job is a farmer, when bitcoin crash, economy crash, internet crash, my farm will still produce food for me and my family. Cheers!

I'm part time, I can't find spare time to become a full time trader. This is like my hobby to manage my assets only. I can spend only 45 minutes a day in total. I hope I can increase the time I spend on trading.

I am agree with you.I think , majority of the people 90% are part time trader.But few people only trade.They don't do any others job.But they are very expert and they have huge knowledge about trading.And I am part time trader :)

A lot of people are trading with the main job. But for a successful trade you need to constantly be in the market, monitor it. And if you have the main job, then this will not work. If you learn how to trade, then you can throw the main job and make the main job - trading on the stock exchange.

I know many of my friends has actually now into full time trading or some business related to cypto currency. And rightly they made decision because this surge in btc price has helped them made some money which ideally they would not have made during the whole year.

Yes some might be doing it as a part time as well like on weekend when they have a holiday so they can earn some money for the weekend expenses.

I think most people are long-term hodlers, if anything.

I'm a type of trader that considered this venture as a part-time job or hobby, and I do believe that a large percentage of traders does the same thing. Except for those people who started during Bitcoins earliest days, where they have full advantage of harvesting coins (investments). I have a regular work that I can't focus on monitoring the market price every single minute or hour. I'm more into buying coins and hold for such a period of time until it reaches my desired target value, which I will sell and buy again, if I think that the price is low and reasonable.

How can we decide the percentage of part time or fulltime traders? Bitcoin exchanges are the main platform of trading activityFull time traders are professionals, they do trading activity in exchanges, sometimes they work for exchanges, and exchanges pay them salary for the same. Some are part time traders they do trading activity on their own while doing their main job. Some traders are just gamblers; they do trading activity without any prior study. Bitcoins rising price attracting many part time traders towards it, they do this trading activity to earn extra income.

I'm certainly a part time job trader since i don't really have the funds or the time to make a full time job out of it . Profit can vary a lot and i don't believe that i should only have an internet job . A real job will keep me in the society and make me legible for lots of things that need a real pay check .

I think most of the people here or on the crypto market are just making money from the crypto trading as part time job. Most of us have real job with real fiat salary which we are trying to grow into something bigger putting it into online trade positions. That is how it is working really and thus in the future that is to come the condition would be the same and new people will do the same after knowing this market.

In Asia countries like India, China I have seen a different trend where people who are salaried personnel try to invest into stock exchanges and share market along with the job in the want of increasing the wealth they are carrying. Now a days the crypto has opened up new market for such people and I'm sure there more real trader Thant he pseudo traders.

The community is filled with different types of people including professional traders, part time traders, campaign promoters, marketers, developers, gamblers, beginners with no luck, fraudsters and hackers etc... I am sure I would have missed many other people. So it is really difficult to say what kind of majority the community has. The part time traders would surely be having a side job as they are part time workers. We can say that majority of people would be part time traders but we can say that majority of traders will be part time workers along side a part time job ;D

Depending on case to case basis since not all people do have work or day stable job which they do really have the time to spend on trading unlike on those people who are just making it as a side income thing. In my case i do make it as a side job which i do end up to be a long term trader because if we do talk about active day trader most of the time you are facing in front of your pc or laptop/mobile because it do require active responses on any price movement.

i think most of people really are part time traders because most people have their work, but they have their spair to earn more money on crypto, and the number traders fulltime surely very few than part time traders,.

In my opinion that should be decided by one's willingness to earn more coz as if some wants to earn more from crypto trading and has interest in that has to justify with the amount of time that they put in this.That concludes me to two categories one which wants there future in bitcoin and other just to spend there extra time in cultivating way. I think first case has majority with them.

You are doing great mate you are working with your full capabilities and you will be rewarded by bitcoin soon there are a lot of people who are around me and doing trading as part time job but they are making much more than they are making monthly in making office and I ask them to left the job they say time will never be same who knows what will be next but I know one thing that bitcoin will stay forever so no need to worry about its future.

It depend on you that how much you want to earn from trade because trade is the fastest way to earn money so if you start to give full time trade you can earn a lot of money and if you want to use it as a part time so you can earn less money so in my opinion bitcoin is safe and sound for daily trade we need to give full time to online trade  and I’m sure that you can earn very big amount from bitcoin same like me because I’m doing online trade full time.

Not really, because very few number of users were skilled to be a cryptocurrency trader. Here, what happens is completely dependent upon the skill as well the patience to handle the market. This is not possible with each and every user, because the price varies unexpectedly and the wrong predictions will lead to great loss.

I am a part time trader and even do intermittently because its takes a lot of guts to go in fully which I am yet to garner. Although the profit is there so also the ability and possibility to make unlimited losses so the best is just to take time, learn gradually, make the loses and enjoy the little profit. Another reason why I do part time trading is because of the nature of the job I do that does give time to full time trading but if there is more time, it can be invested into trading.

I am the kind who is doing this trading since long but I'm not full time trader. I will always hit my office 9 am to 5 pm but when I'm at home I will be surely getting into trading all until the bed time. Really thats the habit I have gotten now and I like doing it that way.

I have thought about it doing full time many times but my family members are restricting that from doing in that way. I will surely get into full time but once I'm sure that crypto currencies are not going anywhere for next 100 years. Lolz. I mean I would not leave my job if the market is uncertain and I don't want to be in position where I'm not having my job also as well as I'm not having fully operational trading.

Yes, you are right. It is too risky to many people who have good jobs to quit working and go on with trading only.

Yes majority of traders here is a part time and I am one of them. I am a student and making trading as a part time source of income and many of people here has their own job that's why majority of people is a part time trader. Most of full time traders are now rich.

Those who are here in this forum, were have have knowledge on trading were having a trading activities once in a while or as a day trader, it's quite normal especially when you're engaging in different bounties here, after their ICO you'll only either hold or trade it.

It is most likely that majority of the people are part time traders as they are having regular jobs but for extra earning they also keep on trading. It is very appreciable to manage both job and trading. Professional traders have a better understanding of their job as how and when to buy and sell their bitcoin. Part time traders should take time and learn more about their trading as to have better know how about investment process.

When it comes on level of knowledge comparing a full time or part time trader then theres really a difference and i agree on the fact that there are more part time traders than on full timers knowing that most of us do have our own day stable job which means we do trade on less time compared to those who decide to go full time.When it comes to profitability i do say that full time traders would really have the edge on this thing since they do have the most time on doing trading but well its just depend on a certain individual on which way he would choose up.

I do not think there are some who become traders but some also work only part time to become a coin seeker, but most are indeed a trader because it's a very good job and get big profits.

Of course there are many part time traders,because minimal budget and time
The full time traders usually are the whale that sleep in the market,waiting to shake price and solely focus on trading

i personally don't mind if called as part time trader because i did trading only for the particular times and the particular days but there was some people has decide being full time traders and dedicate their time for trading purposse in my country but in my view i don't dare to make trading as my actual job because this activities can't ensure my future

I really need to focus on reading charts more but my time is limited and I mainly trade sometimes on instinct. I also like to arbitrage trade whenever I get the chance as that locks in guaranteed profits. Overall I am a long term play and not a day trader. I mainly day trade arbing opportunities and that is really a very spare time thing for me at the moment as my main focus is in promoting crypto and building the world marketcap through promotions and educational materials.

Everything depends, but the best ones should devote their total time in this. Well, if not, one or another thing gets out of hand.

I think so, some people like me still believe in real job for future purpose. Real job with a good career path is still one of the most wanted job as it is a guarantee that we will earn consistently every month. Trading as a part time job would be a good options because we can extra money which is good for our financial condition. I have seen some people left their real job for trading activity, they took a big risk imo but they may get bigger amount than what they get from the real job. Proud of them who dare to do so. Hopefully they will be success traders and build their own business.

I Believe that majority of the traders also have some other source of income and not just trading that is to say either they trade as a full time job and do some other on a part time basis or the other way round.
Personally, i am a part time trader and i work on a full time as the CEO/Director in my company.

I used to trade in real life and it was my real life job. I just hate it when I sit for 8 hours working then I get a non-suitable income. Trading teaches you lots of stuff and allows you to experience many things every day while sitting on a desk for 8 hours straight doing nothing. It is so boring to be honest.

As a matter of fact, many people have real life jobs beside trading. And I really respect them because they are working hard and because trading is not easy at all.

Creating a poll my give us data we all can see at a glance! I will like to see how many part-time trader there is! For me, I have a day work and I run a family of 5. So part- time trading is very appropriate for my lifestyle

I keep some of my tokens from campaigns I've joined in the past months I am planning to trade them maybe in 2018 as I expected the value may somehow increases. But I don't buy alts for the purpose of regular trading do I'm consider to be a part time trader? If so then I belong to the majority...trading is not really my discretion of earnings but I think this is one of best way to earn

Let's imagine you are an office manager and it's your job. In this sotuation you have to be in your job and work in working hours, it's like must to do.
But also imagine painters, they need inspiration to paint so it can happen anytimr and anywhere, they don't have fixed work hours.
We can say both about traders because some people just stop sometimes when market isn't stable for them and prefer to look situation as a spectator but some traders do trade everyday and that's usually their only job.

If you can learn well, then you can even do better than doing an extremely risky trade. Trading is a professional thing and so many people who buy at lows without even knowing when to get out when things are going wrong are definitely just gambling because they have no strategy except for buying at dips and keep buying at more dips.

If you want to do trading, it is better to let it be worth your time. A lot are making some cool profit while some are just there doing trials and errors.

Absolutely right! A lot of traders really do not have any strategy and that is exactly gambling and not trading. However, for those who have good knowledge about trading, they are doing well for themselves as there is lot of opportunities to get from the trading world.

Trading is different and it depends on the path each trader wants to thread, but with some knowledge, you really do not need too much time to make a good trade.

Yes.

Just look at the price and No. of wallet created everyday relationship. This suggest that new people are coming in. Now they are not gonna start full time as they will have to try to make some profit and think that they can do it. It will take some time, but they want to take some quick profit as greed is driving them to the point where they can't corretly value the product they are buying.

Trading has many risks in it and locking your future with it is not a wise thing to do, in addition trading requires a decent amount of money to get started in it, that is why most poeple who are trading cryptocurrencies probably have other jobs as well, because lets say if you are a main bitcoin trader and you made a wrong decesion by selling and the price goes up how are you going to rebuy your coins, unless you have steady flow of moeny it would be the ned of the journey for you, so if you are a trader and you do it as your main job get a real one.

I dont think there is such a thing as a part-time trader. I`ve tried doing trading on my spare time and just failed. I thought that i know enough to do and that it  isvery simple but that is the feeling you get when yu see grapgh from the past. The real art is to see in the future and to predict what might go up and for this , i think, you must dedicat all youre time. If you want to do a thing good you must pursue it with all youre available time.
I`ve learned this the hard way loosing 80% of my portofolio and i was ready to give up but i said to give it another go and become a holder. Now i`m very pleased of my proffits and consider the money that i`ve lost money invested in my education towards crypto world.

There are a lot of people making deals on exchanges. But I do not consider them traders. Traders are the ones who are engaged in this constantly and live at the expense of it. Even if it is not his permanent or basic work.

In fact, it seems the crypto world is full of gamblers who call themselves traders. Most people who are just looking for ways to double their money end up finding out they can make some cool money trading and they think it is just about buying low and selling high. I really want to know how that is working out for some of them anyway.

Trading in part time depends as there are several ways people are doing their own trade, depending on the time on their hands. For someone like me, it is a side job and my style of trading does not really take too much. I only need to analyze the charts, look at trends and then set alarm on the price that I am sure would be the best buy and set my order, then go ahead with my daily activities.

The majority of the people are part time traders because in bitcoin  trading is main process so if you may use bitcoin means and you must know this about trading and then only you will trade because  so trading including the process of selling and buying , most of people doing this as a part-time trade because at side by side to get some income with bitcoin.

No, i dont think so.

I have been holding and buying bitcoins for more than months, even years, and i have only traded a few times, only when i had the opportunity to make some money.

And maybe there are some people who do not even know how to trade.

In my sight most of the people trade because they want to increase the numbers of their income in the future. I think it might better to used trading investment compared with the others. Because in trading fluctuation of bitcoin together with the other altcoins was too fast so it means earning profit was too fast also.

i'm also working in trading buy and sell strategy as day trader good profit i can get but sometimes have loses, trading is very serious job have a risk if you donot work well, aside for trading i also working in the signture campaign as participant.

Time is the most fundamental thing not only in case of trading but in all the tasks which you want to do in the real world. Most of the traders failed to make some good amount of money from trading only because of the reason that they failed to manage their time properly and that they were not giving proper time to trading. Trading cannot be treated like part time job and you do need to give proper time.

Due to my experience, people are mostly part time traders, they invest their savings and try to gain a bit on trading, but majority lose finally

Yes i think, most of the people are treating trading as sideline but there are some people are do trading as their primary source of income specially for those people who are having more time to focus monitoring the trend of value in coinmrketcap. But me i am also sideline trader since i have regular work i only do holding and trade for long term.

I think most of the traders are just doing it for side job, most of the traders just  follow the signal traders, or just pick a coin by rumours, only small part of the traders are full time traders, and it's possible to make a living by trading crypto, the volatility and the wide variety of the coins making the possibility of earning profit become high

Most traders are basically part time traders who have a side jobs. Though you may find few who are trading full times. The reason why most traders are part time traders is because trading does not take up much time but requires some or few of our time. Or else if the trader has a big or many buyers which don't give him/her that much chance. If you research properly, you will find out that most traders are student whom are trading and schooling at the same time.

That's me, side job trader. But I have faith trader is my life direction, soon. I don't have any data about how many people doing trade as full time or side job but I believe side job is because they don't have enough faith about trading it self. Just like gamble, wasting time or just fun with their money. Side job or full time job is not a big problem because it's worth to change life. Keep going and good luck to all trader.

In most cases stock markets can't be compared to how Bitcoin's market behaves, but in this case it's pretty easy to assume that the same applies to Bitcoin. I have read a well written article where it describes how 95% of the people end up losing, and the other few percent are the 'smarter' traders taking advantage, and the top 1-2% are institutions and other professional parties scooping up the extreme majority of the profits. In other words, 95% of the traders fill the jar with money that the other 5% starts eating from.

I'm a part-time trader. I'm checking my trade once in a while. I think majority are part-time traders. Many people do it part-time to have time also for their other endeavors. Besides for normal traders they just have to leave it once in a while to wait for the right time or price. For some also, they took it as part-time to have time for work or other businesses.

For me I just want to trade or a part time trader. But mostly some people are getting mad, just like iam getting nervous when iam on trade. It get me more feel nervous and feel scared. But mostly for them it's a job that getting through a lot of profit to shown.

The majority of people doing part time job as trading.It's a good one for the part time job,you can keep your certain percentage of income in bitcoin trading.It will be the secured one.Even If you lose some money,you job will support you.
So at first start to trade with part time,if you get good knowledge about trading,you can do for full time.

I am type of part time trader because I don't have much free time.. I am to be trader or earner bitcoin just to make extra income and support my family financial.. trading and earning bitcoin are the most promising side job I've ever done..

Trading really needs a substantial amount of time so I think majority do it full time. Those who are now unemployed and now focusing on trading. You can only make it as a part time if you are on a long term.