Bitcoin Forum

I've heard of many people talk about cryptocurrency and its potentials all the time and at a point I begin to wonder if one can just depend fully on cryptocurrency as a means of livelihood.

NO, but it depends on how good the trader is, but most people that think like this do not know much about trading and they have more chance to fail in trading, the reason not to think this way, having other work that you are doing is wise and better.

I will not advice anyone that is trading to depend on it for a living, better to have other work that you are doing. But while having other work that you are doing and you are making profit from trading in a way your profit is significantly more than your loss, such people later can go for trading alone, but in a way they still have other things they are doing like their personal work, but leaving where they are employees.

I will not advice anyone to fully depend on trading, but trading choose some people, this are the kind of people that really make it from trading, but this kind of people diversify by having other businesses.

If I should choose yes or no, it is no. People should not depend only on trading for a living.

In real talk, if you are zero knowledge of cryptocurrency and you jump into crypto trading right away, I think it's like you're killing yourself suddenly or you jump right into a war with no weapons and no experience fighting a war battle.
If you're planning to enter the crypto trading industry to make it your job to survive in this generation, I think it's better to study and learn about Bitcoin and cryptocurrency first, because it's not a joke that you enter, because you can you will fail or fall if the method you do here is wrong, but if your method is right you can also change your life in the present.

I'd say 99% of people can't, even those YouTubers that have '''How I made X amount of money using this new strategy''' as their video title.

Truth is market trend is just too volatile for almost anyone to be able to consistently use a certain strategy and manage to get out of trades with profit, there are times that making money in the market is too easy like when it's bull market but that will end at some point and if you can not see the top and see it fast enough to exit your trades/investments you might end up losing a good chunk of profit that you made in bull market.

So trading is only a reliable source of making money until the trend changes and suddenly before you know it market behavior shifts and if you don't see that happening you're going to start losing money from then.

A lot of traders claimed to be. But I'm sure don't focus on crypto alone. When it's a bear market like we have right now, it's hard even if they are into leverage and futures trading, the market is just too unpredictable.

5% today and tomorrow the market may close to -10%, that's how they'd lose with just a piece of news from FED or due to messed up fork.

Yes, crypto is not about trading because there's a lot of ways in cryptomarket where you can actually earn more which I have so many friends who are full time in cryptocurrency activities, they do trading, bounty and even managing a social account and they will get paid by that. You can only achieve this level once you already have good knowledge about cryptocurrency and same thing with trading, experience and trading is the key so if you are a newbie don't rush yourself to do full time, have some experience first and soon if you are already good enough, you can do full time in crypto, this will also depend on your dedication.

First of all, how experienced are you? Despite the level of your experience, Crypto trading can actually not sustain one as means of livelihood due to market fluctuations. To some, they see crypto as an investment and not a means of living. If you rely on crypto for daily survival, then I'm sorry to say hunger will teach you a lesson during unfavorable market condition. Look for another alternative aside trading.

No, a person should not depend just on trading, and it is not a good idea. Always do trading as a side business. You can give more time to trading if you are a good trader and your win rate is good.

Depends.

... on the trader.

People make a living out of lots of things. Some people are very successful gamblers and make a living out of it. You'll find lots of people here telling you that it is impossible to make a living out of gambling but there are indeed people who do that successfully.

If you do the right trades... why not?

All you need to do is finding them right trades.

Given how volatile the market may be, I don't think this can be a full or dependable source of sustenance. You cannot make an investment in cryptocurrency and expecting a 100% return or predicting how it will turn out in the long run. It is possible to view cryptocurrency as a side business rather than a full-time job. However, this depends on your decision and your ability to control your emotions when the market doesn't work in your favor. Because of high hopes after investing in cryptocurrencies, most people commit suicide when they lose their bitcoin investments. Spending only what you can afford to lose is always advised. Your emotional state and level of mental readiness will determine whether you should pursue cryptocurrencies as a full  or part-time job.

Yes it do, but the question is how good you're in trading?

I have a friend who like to trade shitcoins, usually he pick around 20-50 projects and hope either 1-3 projects will going to the moon. Because if at least 3 projects is successful, it can cover all the capital he use to spend to 20-50 projects, so if there's another one project become successful, he can earn profit. But it doesn't mean his journey is always smooth, there's few months he suffered a debt since the dump market make the whole coins can't pump.

As many user already pointed out. Market volatility makes crypto trading almost a gambling which means you can’t get a consistent trading result unless you have an insider trading info because the market can be easily manipulated by news or fud in social media that usually invalidate all the TA for that particular time. You can’t make a consistent profit on this kind of market no matter how good you are on trading because the risk involved is too high with just a one huge price swing against your position even if you are just using spot trading.

Trading of cryptocurrency or any kind of online trading involving crypto or fiat should be seen as a way of diversification and not a source of direct income or only income. Although the truth is that with trading you can make a bigger profit from your paid job but at what time to get lucky for that or to have such profit can't be determined by the trader. So with such, a paid job is better to concentrate on because it is steady and you can plan your finance and family with an income that is stable and guarantee than what you can't determine like cryptocurrency trading. The returns from a good trader is higher than paid job only if you are willing for the risk against when you are having losses.

Its potential is there, the reality of the market is more and more participants, but the number of people who make a profit here is only a few, most of them are more losses than profits.

Crypto trading is like any other business, there will be winners and losers, there will be people who find it appropriate, and those who find it inappropriate.

I've been into crypto for a while but since I'm not a very good trader I don't tend to trade often, I mostly pick a good coin and hold it for a long time.

It depends on tour experiences in the past and how much capital you have at hand. In case you traded cryptos for a few years, maybe even stocks before that and you made good returns than I would say give it a try. It's very important to know what you get yourself into and if you are able to sustain such a lifestyle. You need to have a decent bankroll to start with, because otherwise your return expectations are unrealistic and you will take too much risk to chance returns. Let's say your yearly fix cost for food, rent and other bills are 10,000 USD. Then you would need to make 20% of 50k USD or 10% of 100,000 USD returns each year before breaking even. Without a decent starting capital it's not realistic in my opinion. Maybe give it a try first to start off part time and rely atleast partially on a second job.

Listen brother trading is not a fixed source of income to be honest. I mean the amount that you will get while doing trading is uncertain. It doesn’t depend what type of trading you do, but yes the income that you gonna generate will vary each day or week.
If you can really survive on a uncertain amount, then yes you can completely rely on trading and will definitely survive from the money you make on trading.
But on a safer side, you can do anything part time to get a fixed amount per month.

The answer is yes, they can depend entirely on cryptocurrencies for income and make ends meet through the money they earn from cryptocurrencies. But it won't be easy because they have to stay focused on trying to earn more money. Cryptocurrencies offer many ways for people to make money, one of which is by trading and this is not as easy as one might think. We must have the ability to trade so that we can make a decent profit every day and every month. I'm sure many of us have made a lot of money from cryptocurrencies and that opportunity is still open as long as we are willing to put in the effort.

Now this is why I actually don't consider it as a sole means of livelihood because what happens when one run into debts or when the market is in bear period and one has emergency. I still suggest a work with steady wage/salary to cover up emergency bills

Yes, one can earn livelihood only in trading. Many people I know are doing it and have been doing it. But it depends on the level you are trading. You cannot be trading with a few hundred dollars and want to make livelihood from it. You should have enough capital and understand very well how to trade. I mean be a pro in trading, you can make a living from it. If you understand the risk, remove greed and have good financial management you can do it and be successful. Anybody can earning living from anything, it depends on your level of commitment and determination.

Honestly to achieve success and become profitable in trading, such a trader must be well grounded in TA and fundamental analysis, for instance I was in a crypto trade on Friday which was already in profit, I wasn't aware that there will be a big news "Fed Chair Powell Speaks" at the exact hour he spoke almost 99% of crypto/USDT pairs reverses and dumped massively with high volatility, another obstacle hindering crypto traders is price manipulations, thus it's a lot of efforts, knowledge and skills to be profitable in crypto trading as well as depend on it for a living, personally I prefer forex trading whose volatility is moderate except during a RED news announcement that always increases price volatility.

It is possible but it is nowhere near as easy as they make it out to be, to begin with you will need to have great abilities as a trader and those abilities are not easy to get, also you need to have a lot of capital, people dream of using a small amount of capital and multiply it over many times, but you need to be more conservative in your predictions, if you can get 10% profits per year, which sounds easy but it is not, and unless you could survive with that 10% of profits then you have no chance of living just out of your trading skills, so if you have plans of doing this I recommend that you keep your job and start to save all the money that you can while you trade on your free-time, and only once a few years have passed and your skill and capital are up to it then you could try to make this a reality.

Yes, I have known people personally who've been day trading all of their lives now. But they didn't start as a trader in an instant, they've learned it along the way.
It may sound easy but that's not what it is and they've been doing other things for their living for so many years until they've tried to move forward with trading as they see the potential of it. They're now depending on their daily lives and income with trading.
The discipline is there and as well as the capital, it is enticing when they tell such stories but the capital they use is quite high and they're not exempted in losses.

Depends on what you are doing!

You could really make a living with it but it would really be pertaining on how you do able to sustain considering that this market is totally unpredictable and there's no way that you could really assure that you could
make out profits day by day but if you do able to bare out such risk then its up to you to decide.Its your life and its just common sense on sticking into something which you do see that it would really be that
affecting your life on a positive way.

There are people who do make crypto trading as a living but this is something or a condition which not everybody could able to achieve.Its never been easy and would need that
extreme knowledge and experience towards the market first.

It depends on your skills, strategy and capital if you want to earn huge in trading and make it as a living. But for my own point of view and experiece, you can't consider crypto trading as a means of livelihood because of market volatility. It is still better to have another source of income while doing trade in crypto. Don't rely on trading alone.

In actual sense, cryptocurrency is supposed to be our second option to be survive in world. if actually you have something doing from my own perspective you have to know that nobody choosed Bitcoin as means of surviving. Because nobody knows the time frame of elapsed.

IMO, No.
Trading isn't an easy way of making money, it might that day it will lose them all.
I can't do trading to sustain my living, there's no stable source of income if you do that.  But if you've said, trading could be an additional way of making money then, I tend to agree.

It might be good if you have a business first and then do trading, why do I say a business not a job?  Because when your business becomes stable, you don't need to spend too much time on it which means, you've more extra time for trading.  You can't rely upon a single source of income, it should always have an alternative.

However, making money in trading is possible but this is on a case-to-case basis and it depends on your skills.  Because for me, trading isn't meant for everyone.

It will depend on who you are and what you are doing in the real life. Putting all activities and jobs in cryptocurrency may have higher risks than having other jobs in real life.
But in fact, many people focus only on crypto and leave the real job. ANd they are able to do it much better and fulfill all needs from cryptocurrency. I personally am also one of them. Right now, I only have jobs in crypto, this signature campaign, and doing trading (although not a regular daily trader). But this really pays me and really fulfills my needs. I am doing this because having no job in my real life although having searched for some jobs here. But this is too difficult to get the job. So, whatever the codnition,I must moptimize the eanring from crypto.
However,if you are new and don't have enough ways to work on crypto in whatever the activities, I think that it is no need to full worki here.

Of course, you can make crypto trading your main job to fulfill your daily needs. As long as we are experienced in the crypto world and have good
trading skills, it is possible to trade crypto for a living. But unfortunately the percentage that succeeds is very small, it can be said that most people
fail to make crypto trading for a living. I've been trying this myself since 2017, but until now the losses that I experienced were greater than the profits
that I made. Therefore I only make crypto trading only as a side job, and still work in the real world to be able to make ends meet. I think crypto
trading is very difficult because crypto prices are very volatile and very difficult to predict. So then you should try crypto trading, you will know
the answer after you try it. Since everyone has different trading skills, I know there are some people who have succeeded in making crypto trading
as a living.

Its possible but unless if you're a good trader, like you have a good skills and proper knowledge how to handle every situation in order to bring your account into green always everyday, wherein despite of some mistakes. Because tbh witj you mate i actually have my favourite trader but he is trading stocks not crypto for a living . And yes sometimes he faced some lose but most of his trades afterward has a good results and he still can regain more profits.  So IMO it depends.

It is very possible that there are those who can do it live from crypto trading but the percentage of those who succeed in doing it can not be known for sure, but when compared to those who fail it will probably be higher. My guess is that the person already has sufficient skills and assets and has gone through a long enough period of time to actually only do crypto trading for his living expenses.

It is feasible to make money through trading, but it shouldn't be your full-time career. I occasionally trade and make money doing it. Having a business is preferable to gambling with cryptocurrencies.

Yes of course, if you are skillful enough and then you are also lucky to win most of your trades then you can probably survived day after day but if you think you don't possess that two qualities for a while, then you better not attempt to because your life can be in great danger.

You must first find a stable source of income like working in a real job e.g office jobs and then you can practice trading on the side on your free time. It is true that many people talk about crypto and its potential but those people didn't directly say to quit your jobs and depend on crypto full time. You know, cryptos are too unpredictable so you are not sure if you can take profits continuously.

That's right, when someone decides to do Crypto Trading for a living then he must be really prepared in many ways, especially good knowledge, if not enough knowledge he has a very big risk of failure.
but what is certain is that Trading Crypto for Livelihood is quite worth it, in my opinion, with so many price movements, the opportunity to take profit is quite large, but it can also be the other way around.

The bottom line is that nothing good comes cheap. It takes a mastery of whatever one is doing to prosper in it. Whether cryptos or Forex trading, having a set skills and handle on such is key. Yes, I do agree with you that Forex trading is a bit more organized and less manipulated than what happens in the crypto industry. I'm certain by the time crypto gets just about half of the type of regulations the Forex market has got a lot of things will firm up.

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Yes OP, people can actually live on trading alone. Nothing pays better than indulging it as a career. Sadly, only a few take the time to learn the craft and expectedly become profitable in it.

One 'can' depend on anything they like as a means of livelihood, it is their life and they can do whatever they want. The question is 'should' one depend on cryptocurrency only as a means of survival and livelihood, then people can now answer you objectively, in my opinion i would say one 'shouldn't' (not can't) depend on crypto only as their job, when you choose a source of livelihood or a job, usually there is a certain or assured payment you must receive monthly or weekly, and there are also post-work benefits like pension, with these you can plan your life and take some important decisions like choosing an investment plan, etc. But if crypto is all you do, the risk is great, you can lose, gain, lose all, go broke or become rich; you do not know what to expect and how to make plans, that is why crypto is good as a second job, and not the first or main job.

You can but that’s not appropriate, why will depend on trading for leaving, they only people that should try that are professional, if you are not yet a professional don’t try that, and even as a professional, it’s advisable not to have only single source of income, it is advisable you are having multiple source of income, immediately some beginners start trading and they start making money, they will start thinking about leaving their job which is very wrong some of them haven’t witnessed bear market before and they don’t know how to survive during the bear market.

There are a lot of traders that are focused on trading and gaining profits with cryptocurrencies. I know that there are a lot of people who are handling different portfolios and different markets. Some skills can be transferred with varying trading needs, so it's not always going to be fully on cryptocurrency. Sometimes you should have multiple different incomes.

It's not just in trading that you could earn; you could also with bounties and other methods that you can do like Buy and Sell, etc. It's a vast thing, the world of cryptocurrency, and you must know where you would go.

While some of those traders made it source of live earning, it's because their is no government empowerment, because if assume their is empowerment or a vital jobs opportunities many people wouldn't have taken trading as a means of surviving. But even though trading of cryptocurrency is anything they know via live, i think that they have to diversified their source of getting income because the risk which involve in trading determine the rate of it.

Think about it this way, there is a stock market and people are trading on it. Does that mean they are so competent that they can depend fully on it or are such people living in constant anxiety and depression while coping with increasing debts?

This should not be the case here, we all want to live in a healthy manner and for that a source of stable income, possibly a day job has its importance. Second to that one needs to allocate money to saving and spending, in the spending group decide how to much spend on investments and that is how you should manage your money.

Going all in on crypto and following it as the source of your daily bread is a risky move to make.

I want you to understand that not everything you read or watch online is always true and if it's true they are always hyped. Besides, people always say the sweet aspect of cryptocurrency and they won't tell you the price they have to pay before getting a good result.

Having said that, you can depend on cryptocurrency as a means of livelihood but you can't solely depend on crypto trading due to the market's up and down trend. Besides, if we look into the world economy and the nature of the world we live in doing a single job cant provide for all the basic and other important needs.
if you can develop another skill with crypto trading, yes you'll be fine using crypto as a means of livelihood.

If we say "one" then it becomes a very easy question. Yes "one" can do it, but who? I can't tell you to pursue this as a business idea and start being a full-time crypto trader because you could be an amazing one or you could be a horrible one, how would I know? I have tried it before, studied a lot, and learned as much as I can and did trading for a year, and I found out that long term holding was always better for me and easier way of making money.

This is why I do not think that we should be focusing that much on trading, it is just not worth it for me. But I also know people who made tons of profit from it as well and living a great life, doesn't mean one is right and the other is wrong.

You wouldnt know unless you try and that the key for you to answer up your own question whether it would turn out to be easy or very tough which is almost close to impossible.
We can do make trades but due to unpredictability of the market then it would really be that hard to be done but actually there are people who do able to make trading as their living.
Although these are people who do have some experience and that have skills which you could really able to rely on but not all would able to attain it.
Some might be thinking that it is really easy to attain these stuffs but its not imho.

Relying alone on crypto trading for your livelihood is very much risky to think as the market won’t always be suitable to trade. However, if you also have skills aside from crypto trading as there are a lot of crypto jobs offered in the crypto world, then I must say that you will really make a good living until cryptocurrency is living its demand. But I suggest if possible, go and get a stable job first so that no matter what happens in crypto, your finances will never be affected completely.

Yes and no. The fact is, it depends on a lot of factors. Such as marital status. Number of dependents. Years of experience. I have seen single young folks who hit it big trading crypto and were able to buy nice cars. But this is not in my opinion sustainable in the long run if the factors I mentioned above is put into consideration. You need to have attained a level of expertise to live on it. 

Same thought, Earning everyday by trading to fulfill the needs of your everyday life is just too risky. Having a stable income that at least supports your daily finances is a must. Just by relying on trading would make your life uncertain unless you are a really good trader that used to trade everyday and can support your life depending on it. Doing crypto trading as a living is a hard thing to do but it isn't impossible, There are many who are doing it but those has a good competitive trading skills. But if you are a newbie that just saw the potential of it and thinks that you should do it, Please no.

Only top 1% may live with profit of crypto trading  but it is still debatable how long it can go like that. Very hard to predict volatile crypto markets and almost impossible to get constant ROI after so many scam exits, fake projects, stop hunting market makers. I know some full-time traders who make living with forex trading that been way more predictable compared to wild crypto industry. So 95% of YouTubers don't live with crypto trading funds as they advertise on channels, IMHO.

It depends on his own skills and capabilities. If he is a professional trader and knows the best entry and exit in trading, then most likely he will make a good living with crypto. But as an advice, no matter how good you are, trading has its always associated risks and the market is not always good to trade. If you can find other job opportunities in crypto, that will be a lot better so you can have multi sources to generate an income.

^ Probably.
Why? Because this will upon the trader's skills if it is a professional trader which is can able to make a profit on trading then, possibly there is can able to do trading for a living. Trading is not good a full-time job there is no assurance and accuracy of generating a profit and possible you will have an unstable source of income which makes ruin your life in the future. Even myself, I will never do this thing, it will rather good if you have a stable job than a full-time trader.

It is best to have multiple sources of income rather than just relying solely upon crypto trading.
I have a friend working as a trader and he really makes money from this but he also said that not all the time he is in profit. And he adds that earning every day is not impossible if you are spending a lot of time in trading and more capital - he is actually good at this that is why he can say that.

There are those who made remarkable success trading with crypto but for sure, they never reached that point instantly. They gained lot of losses at first, before they attained crypto as a good source of living. However, trading also has its own risks, if you’re not skilled and do not have proven strategies that will work, better leave trading as a side income. Find another stable job that gives good compensation, so that if crypto fails to provide profits, at least you have your own job to sustain your family’s needs.

In my opinion, it is possible.
But this is not easy, high risk, and will give some pressure on your life.
Your life will be changed into something very new, regular, tight, and also risky. When you put trading as your full-time job and set the earnings for life, it means that you must focus 100% on trading crypto. This also means that you must be a professional trader, not only temporary tarder. Here, you must do learning much more about crypto, trading, and also other knowledge, more than the basic one. This is not easy, many professional traders must pass the process very hard. SOme are responsible and survive the process until continuing as a day traders. But some give up because f the tight activities and high risks. However at least, you must have your own saving for your daily needs befre full time in crypto for living

Trading is a learning process. You need to keep yourself updated and the same gives you the best result in the long term. Being a trader isn't an easy thing, because you need lots of patience as well as the fund to withstand when things don't work as predicted. With trading one can make regular earning, but the same doesn't generate regular earning. Someday it can end with loss, someday it can bring big profit. So, it is good to have a job that brings you stable earning and do trading partly. At some point you'll realise that you can make regular earning. Maybe by that time you can concentrate completely on trading.

I think you may increase that percentage but won't still be that high. It's true that there could be some that are possible to live with their crypto profits in trading. But I can imagine how hard it is that you don't know how much you're going to earn and will depend on your trades. What if the day isn't that good and you're into losses, and it's also possible that you may have bad days and will put you into losing streak. If you're a family man, you'll have hard days if you're just trying it out and testing. Trading is a wild ride and there's more percentage losing than winning.

It depends though since every traders have their own different strategy and making it as a money for living might take for a while since you don't know your strategy well yet. Some are trading for almost 1 to 3 years before they could make a living, I mean they could make money from trading after a long time of trading while losing at the same time. It's a long process if you ask but you will get there eventually just trust the process. Everyone experience like that but it pays off in the end.

it can be , if you are a full time trader and totally understand the market? then I see no issue on why you can sustain your living using trading platform and exchange.
but this will always depend on how you deal with it and how you will function as a trader and not a kind of person that totally greedy .
there are some of my friends that resigned in their respective jobs and now dealing only in crypto trading and yes, they are successful.

Cryptocurrency trading is definitely a hot topic for many people to talk about these days. But whether it's actually possible to make a living, or if you'd rather find something else you can do for money, remains undetermined. It might work for some people, but there are many other factors to consider.

Cryptocurrencies are not going to be the best way to trade right now. There are many great ways to make money, but this one has many limitations and takes a lot of time. I suggest starting with altcoins okay too, don't put all your investment up front. After all, Crypto is a painstaking job and has an impact on your Psychology.

This is still difficult. This is a very long process, and it will take you more time but if you are consistent and dedicated, it will help you to achieve those.
Not always is a good experience when you are trading. There are already a lot of traders who became bankrupt or did stop trading because of their losses.
That's why if you want to do trading as a living, you must become dedicated and consistent, it's not  a joke, you need to sacrifice.

In real talk maybe yes. Some traders quit their jobs to fully give their time on trading which they found more profitable for them than working 9 to 5 but that is not advisable since you are risking your opportunity for a high risk job which doesnt guaranteed success. I know a lot of people relying on that but that requires expertise and a wide experience to be able to consistently earn on crypto market. Unless you have a regular gig or example like signature campaign here on forum, that earns weekly crypto but that is also not guaranteed and can be considered as work but only as pass time or hobby.

You can go full time in crypto but it’s better not to limit yourself with trading, there’s a lot of activities here in cryptomarket where you can some crypto and that could be enough for your monthly expenses. I have a lot of friends who are into crypto now, they do trading, bounty, marketing and even manage a telegram group and social media account, they are very active and they do great as well in trading. This will always depend on your dedication and knowledge about cryptocurrency.

A newbie will be confused at the start because it's not what he used to do. Just hearing out the success stories of the day traders, it's very intriguing and encouraging but if you understand what the market is and how trading works, you'll not buy into those stories.
It may have worked for them but you'll never know if it's the same result to you but most likely, it won't be. There's a long process and methods that have learned due to the desire of learning how to day trade. It can be learned but not everyone will endure the hardship of it as they start.

Well, have in mind that some people accumulated a lot of coins in the early days and now they can trade with huge capital! I guess for those people it's more profitable to spend time analyzing the market and making trades than sitting in some office for a regular salary every month!

It's hard for small players, with small bankrolls we often choose higher-risk trades in order to make some meaningful profit, but because of that we often face losses... so without some nice capital it's impossible to fully depend on crypto trading as the only source of income!

I think you could do pretty much anything for a living if you are determined but, you ought to be ready for the strokes it would come with.
Traders have often  come with high blood pressure issues and these comes from the various activities of the market when, it doesn't play according to your prediction based on analysis and you know for one, this could lead to bankruptcy.
No doubt, there are some successful traders out there but, not without scares from the currency market and as such, if you feel you could handle it should your expectations not come to realisation, you could try at OP.

I have a friend who does make a living from day trading. but indeed capital will be very important to be able to finance the needs of trade.
if you want to do it I think it is important for traders to be able to manage their assets properly. sorting assets for trading as well as investment assets. it's a little tricky but those who manage to do it I think can live without a lot of pressure.
most importantly avoid the risk of loss. how to do it, of course by improving skills in trading.

What matters is risk management. Someone can sustain trading for a living if the person has been trading over the years and has sound knowledge of market and risk involved.


Of course skill is important more far above capital. You can build small unit of capital if you have good knowledge of trading, get your entry right and exit time accurate. But if you have huge capital that amount to nothing if you don't know your entry points.

I'm not surprised if someone or some people say they can make money trading cryptocurrencies because I've seen proof of it from several of my friends. But when I see them trading, they use more than one monitor screen to analyze one or several coins at once and it's not easy because we have to focus on analyzing to find out when we can start trading. They say that a lot has to be done before you can earn from trading and this income will be different every month because it depends on the market situation.

If it's possible then the answer to the op's question is only yes because that's the only thing he wanted to know but like you said, there must be conditions that he needs to meet first. If you are not single and there are people that depends on you like your family or relatives, it is still possible to buy your dream items such as a car but the only difference is that you can attain it in a slower rate because you are prioritizing the people that you think is more important the material things.

I like that kind of personality than to those who choose to be single and ignore the people around them because they are chasing personal goals first. They are too selfish.

Trading crypto as source of income is actually a good one because you are the boss and control the affairs of the ups and downs of your earnings. Crypto trading have lift many people from grass to Grace, only if master or traded wisely, and have also send people to trenches. I'm not fully into crypto trading but having an idea about it contributes fully to the stipends I earned. Sometimes I open trading positions with trading signals and take some profits, sometimes I lost also. It's all part of what one faces in trade. We have good, trained professionals in crypto that do it as a form of job daily, these set of people are actively in trading.

I will say yes and no. Yes in the sense that, forex trading has been existence for a very long period of time and people are using forex trading for living. The profit they got from the trading in a week or a day can sustain them for the next trading days of the week or a week. Therefore, if the person is very good in prediction and trade very well then he can use it to create or generate income for a living.

Then why I say no because trading is like a gamble which you can loss all and win once. If you trade in a week and the trade does not favoured you in the week you will run as lost. And also is not something that you must rush. You have to take your time to calculate before going into trading even though you are an expert you must calculate the movement of the market, and also the bear market, must wait for the bear Market to end before profit can come in again if the capital is the only money inside. And all these process you of waiting, you must eat, pay your bills, buy things etc. Therefore, it is not possible to for one to depend only on trading for a living.

Trying to live off the income generated from trading crypto for a living would be very risky even for professionals. And for amateurs, it can be financial suicide.
better find a source of income that takes advantage of your talent and hard work then save the money and invest it well and that's how you create long term wealth.

relying solely on crypto trading for a living is a waste of your time and money, because you will do it full time and you will end up losing money. And people can do it by no means completely depend on the income from crypto trading and they do it only as an uncertain side income for a certain period of time.

Trrading is risky, money used for trading can be gone in some minutes, hours or days. Having that type of mind to make it from trading doubles the pressure from the trader to risk more, the end result may be very bad.

If having large amount of money already, the person can think of other businesses that are not risky, that is the best to do, he can do trading with the other business which is not risky like trading.

Going for trading alone is what I can not advise, not good at all.

For me, it needs to be balanced because if you trade full time then the risk of losing money will be greater including those mentioned, per minute, hourly and daily money can run out in trading in an instant for me to keep thinking about balancing.

Business is important, don't leave the main job, no matter how it is a steady income for our daily needs, with investment and trading together, when we are profitable, we are profitable for the future, after all, we certainly have plans for the future.

But indeed trading full time I don't do it.

That is the most scary thing when you are a married person. If you are married then you can't leave your job because you have to support your family. I am married but have no kids and hope to have kids soon. Which means that I have to support a good income to my family in order to survive. Sure my wife brings in something as well but at this economy we can't survive with just one salary.

Between stop working and stop earning income, there is a good chance that you can't also build something for free, trading requires a small amount to start trading but if you want it to be a good big amount in order to have salary levels of income for you. On top of that you are going to start making more costs if you stay at home, believe me going out is a cost but staying in is also another big cost, like eating from ordering outside etc.

So all in all, depending on where you live, we are talking about nearly 5k per month type of loss and you need to recover that, with maybe like %10 per month realistic approach, that means you need to put in atl east 50k and have a consistent income with it. I doubt that it would be that much possible. I am not saying its impossible, but I have to say that it is not easily done neither, which is why I would stay away from it.

Just have your job, and on the side keep on trading after dinner, 2-3 hours a day and learn to be great, if you are great then you will raise a huge capital which would be enough to sustain you long enough time when you quit your job in the future, or just keep doing that and eventually retire.

Doesnt really need to quit up as long you do able to sustain yourself or able to handle both things without  any problems on which you are earning a salary and at the same time you are earning out from your trades even though this one isnt really a guarantee since we know on how hard trading is.

You would really need to consider out lots of things when it comes to going full time with trading and making its income as your main source of income and the main one will be talking about
on how to sustain yourself and this would be the primary concern.

Yes, its possible to make a living with trading but this one could be attain into those people who do have big capital and do able to make profits despite of losses that committed on each day.

if you are not yet familiar with trading, it is really a no no to go into trading only to make your money. you should have other means to generate income. some long timers can make a living out of this, but for sure, they already keep some money aside, like their savings or other investments. even long time traders can lose in this market, they don't have the crystal ball to know what's next. but they can reduce their losses by applying their acquired tricks in this market.

Not really a waste of time, we can make this another source of income. We can somehow enjoy ourselves by doing this anyway. However, if we talk about making this a living, that is a NO NO. Yeah, you are right to make use of your talent and skills as a tool to find a job and have a stable income rather than relying solely on crypto for we don't have a profit assurance.

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I guess OP, it was clear to you now what is trading gonna be. Yet, it was your decision but I encourage you to think about the risk.

^ Because the fact that people should use capital in trading is what they can afford, which means it is extra money for them that they can afford not your all assets to put at risk. Definitely right, there is no assurance of making a profit every now and then it could be your capital will easily to wipe out are you expecting this to pay your monthly bill and other daily basic needs that are supposedly a budget in your family?
However, Op should not rely upon other's opinions, it should be Op has own opinion and decision about this.

Thee are Crypto investors that solely depend on Cryptocurrency for livelihood but it's not just about buying and holding cryptocurrencies. It could involves mining, Crypto softwares, crypto books, lectures, Trading, selling of crypto trading strategies etc just name it.
 Cryptocurrency is a gold mine and a lots of Investors had made good fortune from it. You don't have to be surprised because crypto is a big world on it own looking at how it works and operate. So many benefits we can earn from Cryptocurrency woeld

For beginners, of course, don't look at the results of people who are already successful in the cryptocurrency world, but we have to find out how he can be successful in the cryptocurrency world, considering that many beginners with high imaginations in the crypto world, and the result is that they slip into misery because their capital is precisely exhausted due to being toyed with the volatility that occurs

It would not be appropriate to treat the trading sector as an entire profession.  As trading is easy to earn, there are also some risk.Although there are many ways in the cryptomarket where you can actually earn more, it depends on how skilled you are.There is no such thing as always profit in trading, loss can also happen.  Because the crypto market has ups and downs, you will feel good when the market is up and you will feel disappoint when the market is down.So in my opinion try something else besides cryptocurrency.

Of course it is possible but it is not something that anyone can do, and this is a big problem because this is something that you cannot do with your skill alone, even if you were one of the best traders around the world you will not be able to do this if you do not have enough capital to sustain yourself.

For example when there is a bull run you can make massive profits but can you generate the same amount of profits when the market is crashing? If you can, you have a great advantage over most traders, in that case you can trade for a living because you will be able to obtain good profits regardless of how the market is moving, but if you cannot do this then it is going to be almost impossible for you to make trading your only occupation.

Well, considering the high risks in trading, it was really hard to just rely on this as the main source of our living but we can consider this as a sideline or another source of income. I have some friends doing this, they just do trading during their rest days as we know that trading requires ample time and focus, otherwise.

However, spending time trading while looking for a stable job is a great option. It can be profitable and can't deny that but because of its nature, that seems so hard.

Requires a broad understanding and great responsibility, someone focused and plunged into the world of crypto, especially in the field of trading.
• some crypto users, very real in crypto trading, the strategies he has are also guaranteed and steady income.

Crypto trading, if you understand it, you will get everything you dream of, double profit trading method, if you understand in terms of crypto market, Understandably in terms of the crypto market, crypto trading is different from trading in the real world, you don't have to wait for buyers too long, just pay attention to the green and red movements, you will have more money to make a living.

I have a friend, in his daily life, time is spent in crypto trading methods, he used to be poor, for three years he focused on crypto trading, now he has become a successful man in crypto and has a lot of money, he has no other job, the money he gets to buy property is all from crypto trading results, Whether it can be categorized as a means.

Yes, as long as he is serious about it. You can't do trading and after many losses, you'll quit, that's not how it works. Trading is more about losing at first, but it'll bear fruit in the long run if you're serious about this career. It may take a lot of cash on everyone but the key is not to give up as long as you can see yourself growing. It's worth to try, and definitely worth to pursue if you have the courage to fight against problems you'll face in your trading journey.

if you are able to trade well, then I guarantee you can make profit every day,
you don't even need to work in an office, but if you have problems maintaining money management,
can't read market analysis then you won't be able to make crypto currency for your life.

In as much that cryptocurrency has good potential it is not a go ahead for one to think of depending in cryptocurrency as a means of livelihood.  Cryptocurrency can be a back up to what generate money as a source of income. Cryptocurrency is unpredictable and risky and depending only on it can be terrible at times. But when one has a business or Jobs that brings money then the potential of cryptocurrency can be well seen.

I don't think there are many traders who can consistently make profits in the market so far. Profits and losses are a consequence of crypto trading, but not a few of them live rich from the trading results that are accumulated as profits. But don't forget that some people also lose their entire fortune in trading if they are really greedy in trading.

What is important is that cryptocurrencies do not guarantee wealth, but they can help you achieve good financial conditions especially if you understand how the market works. Risk is always there, but when they are able to minimize risk without being greedy when acting, at least profit can still be obtained. Do your own analysis and don't be 100% dependent on other people's opinion, it will help you grow and be knowledgeable.

That's completely a bad idea, depending completely on cryptocurrency trading for living is not really good, I believe as a trader you should have another source of income, most people think trading is easy but I will tell you trading is not easy, don't believe what you hear from people about how easy trading is, don't believe all those YouTube videos you see that only talk about profit and will never talk about lost. Some newbies started trading during the bull run, they were making money and some of them wont want to get a Job because they are making money without stressing themselves, but most of them haven't traded during bear market before, they don't know how to survive during bear market, they don't believe they can lose all the money they maid during the bull run whenever their is bear market.
The only thing I always advise people is that whenever they are trading, they should always get a job and that should be a back up.

There are really certain people who excel in the field of trading and they were able to create successful trades despite of the market uncertainty. That way, they find trading as a good source of living. However, not all people were able to sustain in trading because they easily panic and lost their focus every time the market crashes. The reason why trading do not guarantee everyone to be a source of profits all the time.

Generally, trading isn't for everyone and that is why we only see a few people are happy doing this and make use of this as their source of income. There's a lot of money in trading which makes people become interested about this but this does not just work like that as trading needs a higher level of intelligence and skills to make it works and be profitable. Otherwise, we just buy, hold, and sell when the price is high as a causal traders.

The best is always have to diversifying your investments and other source of income. Only devs and pro traders do really have good thing in this market and it's really an unpredictable one and can burn you that easily. In the future I think this will expand but for now it's still speculative but we've heard a lot who make a fortune, but that's on them since they came in early.

I think a lot of traders alternate between a day trader and holder/long term investor. You're being a day trader, ready to take in profit from the market volatility day by day. While on the other hand, having a sizable amount of funds sitting on long-term investments. This makes you always have a daily income to fuel your living while still able to keep holding your investment, without having to resort to selling it for cheap when the market is bearish.
Of course, this won't be easy and anyone who can profit from being a day trader is rare. A job or skillset to make a living as a backup plan is always welcome.

places have already begun to appear on the planet where cryptocurrency is full-fledged money, so the answer is definitely yes, but if you had a life on the profit from speculating in cryptocurrencies, then everything is a little more difficult to make money on investing than to get into the 1% of selected traders who consistently earn on market volatility

trading in a strong uptrend allows you to feel like a part of the market and profit from active trading bul ran forgives mistakes, covering everything with profit, to be objective

Trading crypto is not as easy as we think, which is why the fact is that more people fail to trade crypto than people who succeed. Because crypto
trading is very complicated, we need to have good research and analysis skills, then we need good emotional control too. And there are still many
things we have to learn to be able to make trading as living, so I agree crypto trading is not for everyone. Therefore, it is up to each of us to judge
whether we can make crypto trading our main job or not. That's why in the crypto world most people end up investing in potential coins in the long term,
which proves to be easier to do and has a higher chance of success than trading crypto.

Nope. Never depend fully on crypto currencies for livelihood. Investing and trading in crypto currencies is very risky. I wouldn't listen to others here that are saying that it is fine if you are a "professional" or a "good trader". Doesn't matter if you are professional, you still shouldn't rely on something very volatile to pay for your family, food, rent and bills. Imagine you being a good trader and you made one mistake where you lose  everything. Get a job, get paid every month and let trading be just a side hustle.

Well... P2P trading is easy and like impossible to not make profit from..
And if you have a good payment option... you can make alot.. alot.

Totally risky and i agree into this one because not all the days on a particular week or month would really be that profitable.Yes, lets say that you might have the chance on earning or getting some big profits but it wont really be that an assurance that it could really happen this is why its never been recommendable on leaving up your day stable job just for you to go full time with trading.
You could actually handle both things if you do just know on how to handle up your time properly yet i've known some of my friends whose a trader and earning decent with it
but still didnt decide to go full time or leaving out their day jobs because there are no guarantees that you could really make money out of this one.

Taking trading as a short-term task is better for average traders since the risks involved in these markets are not comparable to foreign exchange or stock shares market. Forex and stock trading have been popular back to 5 years ago, not almost 70% of internet users have been familiar with the crypto sphere taking into consideration the mass adoption rate. Making a living through risky crypto markets can be harmful to traders with small capital since 1% of $10k and $100k are not the same numbers. Better focus on increasing capital and making more passive income rather than such a risky decision.

While others say no, I think there is a potential for crypto trading as a living.  Getting profit on trading depends on a person's ability to identify the market trend.  So if the person has skills and knowledge about the price trend of certain cryptocurrencies then he can get a good profit by trading them.  Of course, a person needs multiple trading cryptocurrencies because he needs to spread his trades to be able to take advantage of the information and maximize his trading activity.  Just think, if a person is trading 10 pairs, and he is able to get an average of $10  per pair every day, I think that is more than enough for a living especially if the person is living in a developing country where the price of living is quite low.

I believe it’s very possible for a professional trader to make trading as a good source of living. Though it’s hard for most of us since we are not a pro in it, but if you have the skills and proven strategies in trading, then why not? However, since the crypto market sometimes becomes unstable, and becomes unprofitable to trade, the reason why even a professional trader should still have another good source of income so that when trading becomes unprofitable, his life won’t be miserable.

I would not advise that if is for a long time investment is not bad but once you are investing in crypto you should have another means of income for  sustainability , investing in crypto is very create way to make money but is an investment that has to do with patience and lots of factors so get a job or a business so that you don’t bother much about your investment in crypto so that’s my own opinion about the whole thing but relying own crypto alone don’t really fancy that Idea.

When we do talk about making it as a living then it would particularly means about active trading which it wont really be that always effective for people who do make out trades.
This is why majority of people would really be deciding on investing and holding for long term and wont decide to quit up their jobs because it is really something risky decision to be made.

You can make trading as a support of your living but it wont really be that recommendable for those who are just starting up.
But it would never been recommendable on doing so or doing it directly because sustaining profits on daily basis would be a tough challenge.

if you are really a good trader then it is not impossible for you to make a living from trading, out there I'm sure there are some traders who use the money from trading profits to survive but the percentage is very small. there is actually another way to make money from trading without you having to trade, namely making a trading paid seminar or trading pay group but this requires extraordinary speaking skills.

Although the number of traders who have succeeded in making trading as a main job is not much, at least like you said there are some professional
traders who prove they can rely on crypto trading for a living. In fact, I've read articles on traders who got rich from trading crypto. This can be
a motivation for us that learning crypto trading well can give us a positive impact. Despite the fact that trading crypto is not as easy as we think,
that's why more people fail when trading crypto. Because it is not easy to make a profit from trading crypto regularly, most people usually lose more
than the profit made when trading. That's why I only make crypto trading as a side job, because I haven't been able to make regular profits from
crypto trading and until now I'm still trying to improve my trading skills.

Living out of regular trading is possible. We can't rely on it completely, if we've got a regular passive income then one can take a chance to try a living out of trading. With trading we can't expect the profit and a regular earning. One day we might experience good profit, the next day it might end up losing. So, this should not affect our living.

Having a passive income out of some investment and the considering to practice trading for life seems to be fair than just depending on it completely.

Real life traders are doing their thing and they can survive the markets whether we'd be in bears or bulls, they know what to do and that's how they make a living.
It's the bread and butter of their lives and this is already a profession to them. Don't believe those trading coaches that are asking for fees or anything, look at them in actual trading as they only teaches the strategies that can be learned but they don't apply it in actual trading or they don't really trade but just teach.

Shocked how noobs people are just about reading this posts :D

Does this even make sense?
No one is asking for a specific type of trading. I too agree that P2P Trades gives less profits, but yes it’s better to have less profits then no profit.
Now whether you can survive and live on it or not, completely depends on the way of survival.
I would suggest not to consider trading, as a full time or primary source of income, if possible attend a waiter’s job at McD, this is more stable and will provide funds for the living.

No, I don't think you can actually depend on cryptocurrency as a way of life. The reason is the whole market is base on predictions, No matter how good a trader is he will always get some predictions wrong and this could affect you financially and emotional, a good working job is more better because payment is certain at the end of the month.

Nice observation, you can tret those success stories as motivation for more positive vibes while you are inside this industry. More knowledge from those who succeeded can be used to enhance your chance of following their steps. It's not easy as it is, but from that kind of experienced you'll be motivated that if they can succeed, you too are also capable of getting the same outcome.

Just make sure that you will do deeper analysis and not just to rely on someone's opinion, but base your investment with your own knowledge.

Maybe in due time you'll also find yourself doing good trades and getting positive outcome, more on your focus and your capabilities to find more good paths to follow while doing your trades.

In some sense you can by basically buying the dip and selling at a premium, but to meet daily needs I think you would need an extra job/activity to help pay for those bills, crypto trading alone won't be the answer as this has inconsistencies in it as well. Btw, if trading is your thing, I would advice trying prop firm trading which is slowly becoming popular all over the world which has some good  $$$ if you know how to read your charts.

You are the ones who would really able to find it out because if you do reach out on a state on which you do able to sustain yourself with your living via trading then its good but this is eventually a thing

that not all could able to attain or achieved thats why it would really be situational but pretty sure that this is something that cant really be achieved easily but its not impossible.

Be sure that you do make yourself able to sustain your living before you do quit up your dayjob or else you would really be putting yourself on big trouble.

In reality relying solely on cryptocurrency trading is problematic because it does not achieve results. I genuinely think that cryptocurrency can be desirable, though not always, and if you put your entire collection into a single coin and subsequently it declines, there is a substantial risk that you will fall in value. This is because it's possible that occasionally you hope for the best but do not obtain something higher. As people have skills as well as essential information required to prosper so they profit from cryptocurrency.

I think it will be very foolish to trade for livelihood because if we are more serious about trading then we will face a lot of problems here so I think we should refrain from trading without taking anything seriously.  Stomach never gains but losses most of the time so I think we should refrain from it.

nothing stupid, it's quite possible for a pro trader. Of course, you have to look at the capital and skills used.
maybe we just can't trade every day when the market doesn't provide support. Traders must be able to see profit opportunities. and keep some of it for assets. so traders will also have assets to trade as well as invest.
day trading may be riskier. especially for those who trade in futures. Of course, this won't be easy to do but I'm sure there are day traders who only earn from trading.

As a trader then we are really doing our best just to make ourselves to be sustainable on this market on where you would really be doing all sorts of ways and methods just to make yourself able to survive

this unpredictable market.Some people might able to say that making it as a living is impossible but it is actually possible where there are people which i have known where they do able to make
a living out of trading but of course they do take a long time before they are able to hone up their skills and could really be signified as good traders.

You wouldnt really be making a dumb decision on quitting your job if you do see that you cant really sustain yourself on making trading.

You are right with this statement, only you who can find out if you are capable of doing such thing, it's your hard work that will allow you to find the best and suitable way to harvest good amount of profits each time you deal with your trades, it's not impossible but it's also not easy in terms of succeeding on this kind of business. With the heavy fluctuation and unpredictable market run, it's your good decision making that will lead you to make a decent amount of money.

Never to take a quick action like quitting your day job if you are only making good trades for some time, make sure that you already established and you already have good system and strategy to make money out from this field.

Well I dont want to come say its 'impossible' to make profits doing crypto trading for a living but I dont know 1 person who does this to make a earning with this as their job. Trading crypto daily is much different from trading stocks daily which I know there are many many people who do this.
If someone can really make a living trading crypto daily this person has a special skill that involves alot of luck too since the Crypto market is always so volatile.

It all depends on the kind of trader that you are and your exposure in the crypto market. You can be a newbie that is just learning about cryptocurrency and how to buy and sell, then you choose to take that as a major source of income for yourself. It's not gonna work look has how volatile the market is and a mere mistake can make us lose big.

Trading as a major source of income is left to the big traders that knows how to read and understand the market. They have the experience and had passed through so many bear and bull seasons so they understand how the market works. We just have to keep learning about the market as things go by with time.

First of all we need to keep an eye on the market to chat if we buy the coins keeping an eye on the market then we will not face any problem later if we buy the coins with a snap decision then we will face a problem later so I think buying the coins  Think carefully first and then it will happen

No, is not advisable for anyone to do crypto trading as a living, because crypto is unpredictable, it can dump through out the year to make those that have other jobs that is bringing them money to exercise patience till the price will pump before they can sell to make profits. Even professional traders you see in the market, some of them are doing other jobs to earn money while some that look as if they are doing crypto trading as a living  are expecting jobs to assist their income in the community.

it can be done. I have a friend who trades daily to make ends meet. however, I personally do not recommend it. well, even though it's possible to earn a lot of income, and even fulfill your needs, it's still risky. I am thinking of having a source of income from other places that can also meet your needs. That's because we don't know what will happen in the trading world. You can lose a lot in one day. So, it's better if you have another source of income that can meet your life needs

What your friend has done is very brave and full of risk, if he is a professional trader of course it is not a big problem. I've seen the crypto market so gloomy for the past few weeks and don't have a good choice to think about it. Other income from other businesses is also important if you don't prepare before a bad market occurs you will also be late.

Yes, Bro you can be a full time trader as if you have good investment and good strategy then there is nothing more needed follow the hyped news and do your DCA + Scalping with analysis that is going to be full time Bussniess hahaha you can enjoy the Beauty of life one tip here if you are hearts patient then avoid trading..

Its an option but something that you cant really able to do easily.It does take years and lots of errors and mistakes you would really be experiencing and it does really require lots of efforts and time you would be spent.
We do know that not all would really be that successful on trading career.Lots had failed but there are people who do able to sustain themselves on the market.Yes, its hard but its something that you would really be
liking to have that skill  since it could really make you financially free if you do able to make yourself handle or sustain for longer runs.You could make trading as your job or living but this is something
a very risky thing to be done.You would be finding yourself to realize those things once you do step your foot into the market and make up some trades.

Actually, I really want to say "NOT"
But, I see some people around me and I know several people who are living from crypto trading, being successful, and have some property in the real world because of crypto trading. But, I also know how they are, how they become a success in crypto trading because they really work hard, they are working more than us, taking high risks, lack of sleep moreover at night, professional enough because they will spend their time more to trading activities, doing more research every time, learning again and again. Their effort will really pay them.

But, if we want to keep trading as full-time activity and we don't want to learn much, do more, and also analyze more, it is better to leave. trading activities are not for lazy people. This is hard and very difficult to do and with high risks.

there are some people who trade for a living you can see this by researching, of course you have to have a lot of knowledge and a lot of capital to be able to get high returns in a few moves, you also have to know that when you have a lot of capital you risk losing much the biggest, from what I could see of the people who make a living from trading they also sell trading courses, what do you understand that they sell courses to compensate for the days when there are no profits or losses, they also create youtube channels to talk about trading, that is, they have more sources of income, which is even good because even in the real world, you cannot have just one source of income, even if it is a fixed salary, the person has to have more sources of income

I would not say that you cannot make a good earning from trading for a living, but it’s not all the time that you can guarantee profits from trading especially if the market is undeniably bloody. However, if you can also make another investments outside crypto, then maybe crypto trading will give you additional income that will help you sustain your family needs and necessities.

Of course he can be totally dependent on mad currency for livelihood.I have made my life successful depending on my own little bit and my whole family and I are living with this cryptocurrency money.But if you can work with courage and faith you can surely make a living from here too.But you have to work hard, nothing can be achieved without hard work.

One can fully depend on the trading platform but must have adequate knowledge about the trading platform.If you can follow every signal and indicator. And if you can analyze the market, you can get good from the trading platform.If you can achieve something good then surely you can survive there and make a living.

For those who had able to make themselves profitable then we dont know on how many failures that they had experienced and encountered before they do able to achieve on being successful.

Just like been said that this wont really be that easy on making trading as a living.Its true that its never been simple and this is where other people trying out or testing out on doing the same thing but eventually

fail because they do really thought that it could really be done on just few tries.It would really be needing lots of patience and determination and crucial decision making
before you could acquire such skill.

If its a job, unless you are trading other people's money, try not we should not be trading our own money, so u earn fees for managing other people money
Even if you have enough quantum to trade and make a difference, it should always be side income. because its as good as going to casino with an illusion of edge.

Yeah actually that is what I'm trying to impose here , that if you are a quality trader then it is indeed possible to live completely from trading. But also indeed that there are only few that sustain this while there are much of them that lose and blame trading and crypto because of their stupidity and greediness.
then you are not as crypto person at all , not knowing even one person that make or uses trading for living? who mentored you in crypto mate?

It is certainly not an easy job because it requires extensive skills and knowledge.
when we have it all then we can more easily to take profit on trading platform,
if you want it like that, continue to increase your knowledge and skills

You need special skills as you needed to work alongside with those experienced and expert traders. It's all in your hands once you set your foot inside the market. People who choose to push forward are taking the risk of losing their hard earned money. It's not something that you can just rely with your luck each time you place your position.

Though it's workable if you are really keen to learn and you are serious about the business that you are taking.

Sustain and survive would be your main target because this is where you do really get your income for you to live on day to day basis.We do need money to survive which it would really be that normal that you

would be doing your best to make profitable trades and doesnt really need to wait up a long period of time before you do reap off profits on your trades.Therefore, this do talks about active daytrading which would
really means that you would need to face off volatility on very active manner which is something that not everybody could pull it off.
Even myself been trying to make active trading to reap off profits on short time but this isnt always ending up on positive but rather ending up on losing money.