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

[barabarian1]

in my opinion if you have a full time job then you should use crypto for long term investment. long-term investment does not require special attention. You can see prices every weekend. or you can also check prices every night before going to bed. for someone who has a real job I think is not suitable if doing daily trading. because daily trading requires concentration and focus and we also have to make quick and right decisions. if you work in an office of course you will not be able to do that because you also have to finish your work in the office. so it's better to make long-term investments.

[Spaffin]

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.

I believe that in certain situations you can’t rely on a trading bot because you risk losing your funds.  In any case, even Bot needs to be controlled, and for this you need to have enough free time.  If someone has a full-time working day and at the same time hopes to get a profit from his portfolio, then everything will depend primarily on the volume of coins that are in your portfolio.  Moreover, I think that no one is hoping easy to make a profit from cryptocurrency, because you have to work harder and work harder, while spending more free time. 

[X-ray]

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.

That's just too risky man, beside there are many portfolio management app that are automated and will alert you at certain point or event you don't need to spend that much time to be able to manage your portfolio properly to be honest. beside it's his job right now that could give him portfolio or in other word money. quitting job like that is just a bad idea and there's no guarantee for a job with less time.

[shoreno]

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.

That's just too risky man, beside there are many portfolio management app that are automated and will alert you at certain point or event you don't need to spend that much time to be able to manage your portfolio properly to be honest. beside it's his job right now that could give him portfolio or in other word money. quitting job like that is just a bad idea and there's no guarantee for a job with less time.

there are jobs that can be done with lesser time and this suites traders the most if they do want to allocate more time on thier trading career but still working on a real job full time would be a better idea so that you can earn big and secure profits than what youl be getting on trading  . trading profits takes time so we must not take it seriously but we can just enjoy it as a hobby to avoid boredom and depresions  . there are app that can automate the job ( managing portfolio ) but real human supervision is still better i think  .

[deadthings]

For all those who have full fledge job and cant trading during office hours are the most luckiest investors. Since they can't do day trading and this saves them from losing there hard earned money. Try to buy during dips and focus on your job. You may sell when market goes extraordinary up.

[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.

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.

Yes bots are risky but so is trading especially when your very emotional and ending up doing a lot of mistakes, so i decided why not just create a bot that automates your trade, i mean bots doesn't have emotions. Yes, there are risk in using bots that's why im going to test it with small of amount of crypto first to make it fully functional. Also paying websites like Etoro is good but i dont have money to pay services like that, so that's why im building my bot on my own to save also some money.

[7788bitcoin]

For all those who have full fledge job and cant trading during office hours are the most luckiest investors. Since they can't do day trading and this saves them from losing there hard earned money. Try to buy during dips and focus on your job. You may sell when market goes extraordinary up.

I understand that you have lost some money trying to do day trading, there is no luck involved, the decision to make money in a short period of time always back fires and if you have that mind set then you will not end up loosing, i am doing a regular job as well as holding some coins in my wallet and i trade when ever i feel like doing or i see some uncertainty in the market. I am not having a huge portfolio but having a few coins and trade every now and then and it is my conscious decision and it has nothing to do with luck .

[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.

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.

Waste of money?  How can you be sure to make profit with selling and buying. What and that actually happen in most cases you are making loss?  You buy at more expensive price then you sell.

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3423101

[dimox]

you can do when it night or when you have time after work. and when you jave free day, you must take that day, full for trading. but, back to how is your way when trading, and how fluctuative of that coin.

[jostorres]

If you have a full time job, then day trading is not for you. You should be investing and trading cryptocurrency for a long term and you the little time you get on weekends to do some research and know where things are really heading to, then you can make decisions as well. And I don't think you really need to be investing in a lot of coins, just choose a few good ones, including Bitcoin and you're good, no need for the long portfolio.

If you don't want to worry too much about price fluctuation, then you should stop investing in volatile coins and go for the stable ones. The thing with the stable coins is that you're not going to be making profit as you would in volatile ones, and no loss as well, that's the good thing lol.

[blckhawk]

I suggest that you go easy on trading, but rather start investing. Think of them like shares on a stock market, you invest on some conpany because you believe in their future success. Same applies to cryptocurrency, you should start looking in the long term, but still must be updated of the latest trends and news regarding cryptocurrencies. In that way, you minimize the stress brought by dumps, have more time to do your job and to relax a little bit, and just sell when you think it won't go higher anymore.

[doomistake]

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 only need time management, that is the solution for your problem, though it is pretty stressful for me to have that 9-5 shift of yours every weekdays and you're trading in the weekends, you have to decide what is the better opportunity for you, your regular job or your trading cryptocurrency job, if I were you I would focus on Trading (if you earn good at it) and I'm going to keep your job if I were you if you don't know that much in Trading and not interested on learning it.

But let me tell you this, if you have enough savings, go for full time Trading, learn a lot of stuffs and just do freelancing, that way you could manage your time much better and you will earn better too.

[heidikim]

It's hard to buy and sell Bitcoin when you're doing a full-time job. The Bitcoin market is a live 24/7 market. A full-time employee should pay attention to his sleep patterns. It's not easy. I think it makes sense to make a long-term purchase and wait.

[Taskford]

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 only need time management, that is the solution for your problem, though it is pretty stressful for me to have that 9-5 shift of yours every weekdays and you're trading in the weekends, you have to decide what is the better opportunity for you, your regular job or your trading cryptocurrency job, if I were you I would focus on Trading (if you earn good at it) and I'm going to keep your job if I were you if you don't know that much in Trading and not interested on learning it.

But let me tell you this, if you have enough savings, go for full time Trading, learn a lot of stuffs and just do freelancing, that way you could manage your time much better and you will earn better too.

That would be a best thing to do since if you can't afford to trade since you are lacking of time then trading is no good for you and we need to consider those fundamentals since we might  gonna lose if we are just trading without knowledge or rely on bots. But I cannot risk to leave my regular job just to trade since trading is not actually a best solution for us to gain since there are some instance that faith is not with us and losing streaks will occur that's why much better to do this as side job and trade only on free time so that no pressure will occur and chances to win is great.

[awik p]

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 only need time management, that is the solution for your problem, though it is pretty stressful for me to have that 9-5 shift of yours every weekdays and you're trading in the weekends, you have to decide what is the better opportunity for you, your regular job or your trading cryptocurrency job, if I were you I would focus on Trading (if you earn good at it) and I'm going to keep your job if I were you if you don't know that much in Trading and not interested on learning it.

But let me tell you this, if you have enough savings, go for full time Trading, learn a lot of stuffs and just do freelancing, that way you could manage your time much better and you will earn better too.

That would be a best thing to do since if you can't afford to trade since you are lacking of time then trading is no good for you and we need to consider those fundamentals since we might  gonna lose if we are just trading without knowledge or rely on bots. But I cannot risk to leave my regular job just to trade since trading is not actually a best solution for us to gain since there are some instance that faith is not with us and losing streaks will occur that's why much better to do this as side job and trade only on free time so that no pressure will occur and chances to win is great.

maybe it would be more suitable when trading long-term, or investing, so we don't need to monitor prices all the time. trading daily is more risky because we must have the expertise to analyze movements in the near future. and that means we have to take the time, don't push yourself, because it will attack our psychological

[Lynfax]

It's hard to buy and sell Bitcoin when you're doing a full-time job. The Bitcoin market is a live 24/7 market. A full-time employee should pay attention to his sleep patterns. It's not easy. I think it makes sense to make a long-term purchase and wait.

Totally agreed on that.
But only I'd add that you can hire some trader to do it instead of yourself, only if your crypto funds are really valuable for short trading.

[meliodas]

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 only need time management, that is the solution for your problem, though it is pretty stressful for me to have that 9-5 shift of yours every weekdays and you're trading in the weekends, you have to decide what is the better opportunity for you, your regular job or your trading cryptocurrency job, if I were you I would focus on Trading (if you earn good at it) and I'm going to keep your job if I were you if you don't know that much in Trading and not interested on learning it.

But let me tell you this, if you have enough savings, go for full time Trading, learn a lot of stuffs and just do freelancing, that way you could manage your time much better and you will earn better too.

That would be a best thing to do since if you can't afford to trade since you are lacking of time then trading is no good for you and we need to consider those fundamentals since we might  gonna lose if we are just trading without knowledge or rely on bots. But I cannot risk to leave my regular job just to trade since trading is not actually a best solution for us to gain since there are some instance that faith is not with us and losing streaks will occur that's why much better to do this as side job and trade only on free time so that no pressure will occur and chances to win is great.

maybe it would be more suitable when trading long-term, or investing, so we don't need to monitor prices all the time. trading daily is more risky because we must have the expertise to analyze movements in the near future. and that means we have to take the time, don't push yourself, because it will attack our psychological

I agree with this. For people who don't really have time to spare in monitoring their portfolio daily then they should choose long term investing because it doesn't require too much attention for its investors because you can try dollar cost averaging which is effortless type of investing where you will buy a fixed amount of coin or token regularly.

[yulionoo]

in my opinion you can still invest crypto even though you work full time in the office. You can choose several coins that are suitable for long-term investments such as bitcoin and ethereum. and you can check prices before and after work. buy at low prices and then sell when the coins have increased 30% or 40%. keep calm and finish work at the office well. Only after returning home can you focus on cryptocurrency.

[Pinkris128]

Based on my experienced, i have been able to manage my portfolio efficiently while having a full time job by picking coins that are good for long-term investment like bitcoin and other top altcoins in the market like ETH, so that i don't need to look so often just to check their price and i can check them before or after work and break time.

[sovie]

If you are having a full time 9-5 job then best for you is to do long term investment and refrain from day trading. As trading requires you to it whole day in front of your laptop, looking for gains. I have a job also, I only buy when market is at dip and hold. for me seeing the market once in a day for 5 to 10 minutes is enough.