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

[TastyChillySauce00]

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.

There's a monitoring app that let you not waste your time staring at the computer 24/7 because it will alert you when price changing and hits certain price point that you have set before and that alone should actually help you save most of your time and not pointlessly staring at your monitor when just waiting for certain price change to happen and most of the smartphone nowadays is powerful enough for managing portfolio. Basically save you from all the hurdles and unnecessary things like that.

[Sithara007]

Well... it is not too hard, if you are not a day trader. Long term or medium term investment doesn't take too much effort or time, and you can manage your investments along your day job. But you can never adjust day trading with a full time job. Because it needs you to make split-second decisions and constantly keep track of the new developments in the market. No matter how flexible your employer is, if you do this during your office hours, then you may find yourself jobless very soon.

[ecnalubma]

Short term position might not work for you because you have to be mind prepared in order to execute good decisions, securing long term might be better because you don’t have allocate of your time or regularly check your portfolio since you have a daily job.

[drlukacs]

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 

You cannot do 2 jobs at the same time. Your full-time job takes up quite a bit of your time during the day and you will be tired home. You know, we all need a break after a long day at work, but trading and portfolio management is stressful. so that's why you can't control it well. My advice is that you should take 3 days off to travel and find out what kind of job is right for you. If you are a risky trader and make a lot of money, you should consider your full time job. People only work best when they can do what they like.

[Sadlife]

Im planning to build a trading bot just for fun cause im kinda curious and its interesting to see a bot trading your funds, my problem is i dont have funds to trade so im planning to give it an small amount. Why not go with that also ? you could invest in some trading bot that could automate your trades so you dont have to worry gathering information and making decisions in short its more convenient having one, especially if you have a 9-5 job.

[Savemore]

Im planning to build a trading bot just for fun cause im kinda curious and its interesting to see a bot trading your funds, my problem is i dont have funds to trade so im planning to give it an small amount. Why not go with that also ? you could invest in some trading bot that could automate your trades so you dont have to worry gathering information and making decisions in short its more convenient having one, especially if you have a 9-5 job.

But trading bot is risky it is better if you will just copy trade in eToro. You will se the performace of those professionak trader in there but stilk it is better if you are the one who do trading. I also have full time job and I am a trader also. It is really hard to trade while having a job. There are only few trading strategies that is suitable for me even if I have full timr job. You can also manage it if you will find strategy that will fit in your time.

[andulolika]

Trading and profiting without knowing the markets or being aware of moves is pure luck and speculation. Holding bitcoin and selling on really huge spikes might be an option to buy back low but if we look at history just by holding long term one would do great with countless 0's % profit thing you hardly can see on classic markets.
Shitcoins are mostly a waste of time and money excluding eth, xmr and a very few more.

[CodyAlfaridzi]

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?

You don't need to observe the market in real time. Why? You're not a trader. Of course you shouldn't think about your portfolio at all during work. I think that's not professional.

You should only buy for holding, not for trading. Don't mind the moves in a lower time frame. Look for under-valued coin (if there's any), buy them, and just watch the price once a day, after work, and evaluate whether you want to keep holding it or sell.

[imstillthebest]

first of all , you are not really that bad in english  . second of all , your schedule is so hectic and i suggest is better not stress your self on those trades but better if you can only foccus on what your doing right now if you think that they are more important than what you will be getting on crypto trades  .  lastly if you still insist to multi task  , there are so many apps on the web that can help you automate or get instant updates regarding on your portfollio  , i forget thier names but you can search them on google and test which work better for you

[gabmen]

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 

Turn on your notifications. You don't need to be on the lookout for trends all the time. Most traders here do have full time jobs. On your free time, you then backtrack on previous movements and it's possible it's still linked to current events. Then set up reasonable buy and sell orders based on what you've studied during your free time. It should work for you by itself. Just make sure that you manage your expectations well.

[Casdinyard]

Of course you shouldn't think about your portfolio at all during work. I think that's not professional.

Why not? Just because you're thinking something while at work then it isn't professional. As long as it doesn't affect the work load then it's fine. 

Likely, just use blockfolio app if you're just observing the market. You can put the quantity of your token otherwise you can set an alarm for a certain token if you want to trade on that amount. Or if you're a daily trader then use bots but this should be done with keen researching and experience as well.

[meliodas]

Of course you shouldn't think about your portfolio at all during work. I think that's not professional.

Why not? Just because you're thinking something while at work then it isn't professional. As long as it doesn't affect the work load then it's fine.

I agree. It is about the output or the result of your work. As long as you can deliver on what the company demanded then there is nothing wrong to multi-task. It is a good news to know that there are people who are working on their dreams and multi-tasking while they are at work and after from work because that is the true dedication that a success requires.

[Gheka]

Well... it is not too hard, if you are not a day trader. Long term or medium term investment doesn't take too much effort or time, and you can manage your investments along your day job. But you can never adjust day trading with a full time job. Because it needs you to make split-second decisions and constantly keep track of the new developments in the market. No matter how flexible your employer is, if you do this during your office hours, then you may find yourself jobless very soon.

I agree that profit management when we are a short and medium term investor will never be too difficult, but besides that, even if we are a day trader, it is not is a big problem, the difficulty level is only slightly improved because of a full-time job, it also has plenty of time to rest, we can use that to manage and observe prices. And if you're worried about quick decisions and timely adjustments, exchanges already have the tools to set up profits and losses, which solve those problems for us, it is important that we establish how we can best manage our profits

[Febo]

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

There is nothing to manage. You buy and spend, that is it.  How be able to full fill my thirst about cryptocurrenies technology is different and way more interesting subject to talk about.

[deisik]

Of course you shouldn't think about your portfolio at all during work. I think that's not professional.

Why not? Just because you're thinking something while at work then it isn't professional. As long as it doesn't affect the work load then it's fine

That depends on your job

For example, if you are a neurosurgeon, then thinking about your cryptocurrency portfolio while performing a brain surgery may not be the best idea after all (even if it seemingly doesn't affect your "workload"). Regarding questions raised by OP, I think the best approach is to change his timeframes, i.e. to switch to longer-term trading. In this case, checking the market once or twice a day will suffice (say, in the morning and before bed, though before bed can give one a sleepless night)

[CarnagexD]

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

There is nothing to manage. You buy and spend, that is it.  How be able to full fill my thirst about cryptocurrenies technology is different and way more interesting subject to talk about.

But wouldn't be just a waste of money if you don't manage at all? Like buying bitcoin, ethereum or any alts just to spend?Although it is cryptocurrencies, a currency into it, you can't just like buy it and spend it, what are you a millionaire or something? I'm a student and I have an 8 school hours everyday but even having a lot of time to do manage my portfolio I still get lost sometimes due to too much volatility. That is why for me you can't just say to buy and spend crypto unless you're living using it.

[DoublerHunter]

Commonly has been suggested is to use blockfolio app and that was right. I also used this and regularly monitored my crypto trading. But I did not worry about it very well because I am also using an auto trading bot and when it will pump up the price, the auto sell will work.
If that is a full time job I won't suggest doing in trading because you can't execute very well if you have a lot of work to do than trading. Because it is spending a lot of time when you are digging information on which altcoins that have the potential to pick.

[HarmonyA]

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 

If you believe in crypto than your current job, then take a lesser job to enable you have time to manage your portfolio effectively.
You can as well set your sell or buy, or possibly engage in long term investment in order to have control over your job.
In a nutshell,  proper management of portfolio requires maximum engagement of the owner, and good knowledge of the market.

[Karmakid]

Commonly has been suggested is to use blockfolio app and that was right. I also used this and regularly monitored my crypto trading. But I did not worry about it very well because I am also using an auto trading bot and when it will pump up the price, the auto sell will work.
If that is a full time job I won't suggest doing in trading because you can't execute very well if you have a lot of work to do than trading. Because it is spending a lot of time when you are digging information on which altcoins that have the potential to pick.

That is why, it is best to use the hours that are left once we go home from work. You can spend at least 1-3 hours of your time to study the market and also to enhance your knowledge and skills in trading so once you got good in choosing which altcoin to trade then it would be easy for you to do some trades while you have a full time job.

[NavI_027]

Commonly has been suggested is to use blockfolio app and that was right. I also used this and regularly monitored my crypto trading. But I did not worry about it very well because I am also using an auto trading bot and when it will pump up the price, the auto sell will work.
If that is a full time job I won't suggest doing in trading because you can't execute very well if you have a lot of work to do than trading. Because it is spending a lot of time when you are digging information on which altcoins that have the potential to pick.

Actually, you're still fortunate to have a bot which automatically sell your coins when the price pumps because most of the time traders really give the majority of their day looking at their monitor and watch the merket trend and only depending purely on their own trading skills. By the way, thanks for your realization and advice to us, now I even more realized that daytrading is not for me at this moment lol (but very soon for sure).

That is why, it is best to use the hours that are left once we go home from work. You can spend at least 1-3 hours of your time to study the market and also to enhance your knowledge and skills in trading so once you got good in choosing which altcoin to trade then it would be easy for you to do some trades while you have a full time job.

Okay let's say you have an 8-hour job which starts from 8 in the morning to 4 p.m., then you said that a certain investor should at least vacant his 3 hours for studying crypto. Well, that's good in a sense that seeking for knowledge never harms us humans but how about your household chores, your food preparations, your family time, your leisure time? Imagine, you go home tired and you will sleep tired. But well I guess that's how life works , and it's better to do such thing than doing not productive things.