How do manage portfolio efficiently while having a full time job?

[wxxyrqa]

One way or another, the cryptocurrency user will still have to find free time to pay attention to his portfolio regardless of the availability of permanent employment.  Personally, I do not want to hire a broker at all, because there is always a danger of fraud, and I also do not want to transfer all my funds to some kind of exchange in order to set an upper price threshold for a profitable sale of my assets.  There is always a risk of not only fraud, but also theft, as well as hacking of an account, even in reputable exchangers.

[1715181040]

1715181040

[Webetcoins]

Having a full time job and trading at the same time is a difficult task. Unlike qhen you are a full time trader you can watch the market closely. Just aim for a long term trade because day trading will be more difficult. To monitor the market find the best application to monitor your portfolio.

Those who pair up day trading with full time job appear alien to me because this is nothing easy at all. This is simply like playing with fire and you can get burnt anytime if you miss the opportunity of buying or selling a coin. It demands you to stay online and examine your portfolio deeply by keeping an eagle eye on the market movements of prices. Day trading in itself is a full time job if you want profits.

[Colt81]

At first, it is hard to manage your portfolio efficiently while having a full time job because i don't know where to focus, that is why i started to train myself to manage my time at work and in my trading. So i decided to trade for a long term that i don't need to check it daily, only for weekly or monthly for me to have a focus on my real time job.

[abeecrypto]

It depends on the work you do.

Nevertheless, long term investment would be best for you.

If your job gives free time between 9-5, you could use it to manage your portfolio. Like, you can be using your portable device to do that.

Your evenings too are also good times to harness.

You’ve got to sit down and think about the free time you do have in a week. Then, look at the devices you can use to monitor your portfolios. From this, you should be able to create a better time schedule for your portfolio.

[veleten]

By having a weekday 9-5 job, i must say my eyes aren't that keen anymore for trends and hardly made any good decision on buying/selling alts. Basically what i did is:

Weekdays: Coinalarm app to observe my portfolio real time but it's far less efficient and responsive to market movement, Slack and Telegram app are linked as well but still is very difficult to process insightful information while in working mood. 

Weekends: More active than usual but time is limited 

Any opinions or suggestion to improve my current situation?

Thanks in advance and sorry for bad english 

the most efficient way would be to sell your portfolio and buy bitcoin
a coin basket is riskier and way more troublesome to maintain and check
since you already have apps installed , I can suggest a couple alternatives :
https://cointracking.info/
https://delta.app/en
https://gem.co/

Gem is free and good , I ' ve been using cointracking too , for a brief period of time
all in all I find the trackers a bit redundant as I don't have time to watch and analyze data , probably same as you - not enough free time

[btccashacc]

It depends on the work you do.

Nevertheless, long term investment would be best for you.

If your job gives free time between 9-5, you could use it to manage your portfolio. Like, you can be using your portable device to do that.

Your evenings too are also good times to harness.

You’ve got to sit down and think about the free time you do have in a week. Then, look at the devices you can use to monitor your portfolios. From this, you should be able to create a better time schedule for your portfolio.

Agree, working 9-5 isn't suited for short term trading you'd better go with long term investment because anything can happen during that time whether the price goes up or down and you're literally losing the chance.

Perhaps weekly trading is good for those who have a 9-5 job so they can focus on their portfolio. I was in that situation and it's hard to do when your job requires high concentration and not allowed to use a smartphone or computer while working.

[oktana]

At first, it is hard to manage your portfolio efficiently while having a full time job because i don't know where to focus, that is why i started to train myself to manage my time at work and in my trading. So i decided to trade for a long term that i don't need to check it daily, only for weekly or monthly for me to have a focus on my real time job.

Need to set stop limits so you can adjust assets automatically.

actually it can still run smoothly if it is always progressively monitoring the daily candle, but our main work is indeed consuming a lot of attention. I can always make time every night, but often it's still not optimal because of fatigue. maybe it's time to consider using a trading bot service.

[meliodas]

At first, it is hard to manage your portfolio efficiently while having a full time job because i don't know where to focus, that is why i started to train myself to manage my time at work and in my trading. So i decided to trade for a long term that i don't need to check it daily, only for weekly or monthly for me to have a focus on my real time job.

Need to set stop limits so you can adjust assets automatically.

actually it can still run smoothly if it is always progressively monitoring the daily candle, but our main work is indeed consuming a lot of attention. I can always make time every night, but often it's still not optimal because of fatigue. maybe it's time to consider using a trading bot service.

In my opinion, it is still better to do trading manually because it will help you a lot to grow into a better trader. If you really want to make money through trading then you will always have motivation to work even you are tired from work. You should keep hustling until you get what you want. Learn to budget your time so you can still have time to rest to be productive for the next day.

[BellIcon]

I just got myself a new laptop, thinking that it would be a good investment if I carry it around work, so during the down time I can come here. Keep me more active in the crypto world.

This is the key to make good money in the crypto market. the more you spend time in the market, the more you learn about it and the more knowledge you have the more chances you have of buying right crypto currency on right time and selling it off when the rates are high to secure decent profit. If your laptop is not big in size, then do carry it with you during work and when you are free, visit your profile.

Unfortunately my strategy hasn't been working too well. I need to step up my game.

[Ayiranorea]

Every exchange supports all platforms. This gives anywhere access to the exchange on the go without much complications through the mobile. This helps in going through the holdings and managing the portfolio in a much efficient way. All that required is to add all available cryptocurrencies to the list. With the varying market the portfolio value will also vary. Going through this we can easily make changes to the portfolio than making hand calculations.

[KnightElite]

Every exchange supports all platforms. This gives anywhere access to the exchange on the go without much complications through the mobile. This helps in going through the holdings and managing the portfolio in a much efficient way. All that required is to add all available cryptocurrencies to the list. With the varying market the portfolio value will also vary. Going through this we can easily make changes to the portfolio than making hand calculations.

There are trading platform that is really useful where you can have convenient trade. There are traders who cannot manage their trades because they are using platform that have less features. I have a full time job like you and I use trading platform that have automatic cut loss where I do not worry even if the price of the coin that I have is goes down.

[Aying]

By having a weekday 9-5 job, i must say my eyes aren't that keen anymore for trends and hardly made any good decision on buying/selling alts. Basically what i did is:

Weekdays: Coinalarm app to observe my portfolio real time but it's far less efficient and responsive to market movement, Slack and Telegram app are linked as well but still is very difficult to process insightful information while in working mood. 

Weekends: More active than usual but time is limited 

Any opinions or suggestion to improve my current situation?

Thanks in advance and sorry for bad english 

Then you need to set up a time management so that you can continue trading in a time that suitable for you, like me I don't have much time to trade because of work hours and if I have a little time I much like to sleep rather than finding a altcoins to invest or trade but if you are dedicated on doing it you will find a way and make a management by yourself and balance all what you can do so you can earn profit even your schedule if full.

[plvbob0070]

At first, it is hard to manage your portfolio efficiently while having a full time job because i don't know where to focus, that is why i started to train myself to manage my time at work and in my trading. So i decided to trade for a long term that i don't need to check it daily, only for weekly or monthly for me to have a focus on my real time job.

I'm still a college student but right now I also have some difficulties when it comes to my portfolio. Twice or thrice a week I open my portfolio and I will just look at it if there is a loss of income. I also and always invest in a cryptocurrency that good in long term investment so I will not check my portfolio every time. Aside from I can focus on my study, I can also manage and maintain my portfolio.

[redsun114]

If you have a good job and you’re getting paid enough why not just focus on your job and use bitcoin as an investment?

You can just invest your money in Bitcoin and any other altcoins of your choice and then hold it for a long time and when the prices goes up you will start making profit. Ethereum has been performing good recently and that includes Bitcoin, both of them had increase today and BTC was the best performing asset as of 2019, so investing in them as a long term will benefit.

If you still want to be day trading , then that’s your choice, but it takes a lot of work and study to become good at day trading.

[Boov]

If you have a good job and you’re getting paid enough why not just focus on your job and use bitcoin as an investment?

You can just invest your money in Bitcoin and any other altcoins of your choice and then hold it for a long time and when the prices goes up you will start making profit. Ethereum has been performing good recently and that includes Bitcoin, both of them had increase today and BTC was the best performing asset as of 2019, so investing in them as a long term will benefit.

If you still want to be day trading , then that’s your choice, but it takes a lot of work and study to become good at day trading.

Very well said mate. What you have stated is correct. For me if you have a full time job and you still want to continue trading because you enjoyed trading here in the crypto world. You should manage your time like for example you will go to your work in the morning while in the evening you will continue your trading before you sleep just like that because that's what I am doing right now. I want my full time job but I also want my trading life here thats why I am balancing my time to do this 2 particular task everyday.

[Mihaylovic]

if you have a full time job, you can not follow the market every minute. so it is very riskly to try daily trades in this case. you can have a look for long term projects and try to invest in them. But still it is better to use stop limit not to loose so much.

[the rise]

Full online traders collect assets as often as possible from the percentage of 1% profit earned many times, but in the end it still aims for the same total percentage, for example 10%. If we don't have time for that, then we can set the same total in one order that can be checked 1-2 times, but with conditions where we have to know the trends that occur and be analyzed according to the daily chart.

[EdvinZ]

If you are simply investing in cryptocurrency for the medium or long term, you can check asset prices and the state of your investment portfolio every few days. I don't see any problem with that. But if you want to combine day trading with normal offline work, you will not succeed, because day trading involves being at the computer for several hours a day.

[meliodas]

If you are simply investing in cryptocurrency for the medium or long term, you can check asset prices and the state of your investment portfolio every few days. I don't see any problem with that. But if you want to combine day trading with normal offline work, you will not succeed, because day trading involves being at the computer for several hours a day.

I agree with that. Day trading is not for the people who have a regular job because it is so risky since you are betting a big capital for quick bucks in a day. In just a few minutes of being inactive from the market, you can lose a lot of money. Better focus on long term investing which will give you decent profit with lower risk and less effort required.

[desticy]

The company has been going on for quite some time, and if you believe the manager, it will go at least until the end of January, because according to him the yobit paid him another month of work.
In fact, the question of when the company will end worries many, but so far it will be profitable for the yobit to advertise on the Bitcoin market.