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Author Topic: How do manage portfolio efficiently while having a full time job?  (Read 3220 times)
Vishnu.Reang
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December 24, 2019, 12:42:33 PM
 #121

A person who works 5 hours a day can invest in this market. However, a person working 8 hours or more per day cannot invest in this market. Because this market is consuming one's energy. So tiring. Operations continue every minute. This is really hard to achieve.

If you are talking about day trading, then I have to agree with you. Doing day trade along with a full time job is next to impossible. If you do that, then the chances are that you will fail in both. On the other hand, it is perfectly OK to indulge in long-term investment along with a full time job. Because the research and analysis needed for such investment can be done during the spare time you get between the full-time job. 
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December 24, 2019, 12:56:15 PM
 #122

You need to calculate the time when you come home from work and start trading on the exchange. I think that two hours is enough.
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December 24, 2019, 01:07:36 PM
 #123

A person who works 5 hours a day can invest in this market. However, a person working 8 hours or more per day cannot invest in this market. Because this market is consuming one's energy. So tiring. Operations continue every minute. This is really hard to achieve.
Trade only at times you think it’s best, it’s not necessary that we will do trading daily, all we need is to trade when we see the potential to gain in that alt or think whether that alt is for long term or short term. Just try to be updated at least on charts of your holdings then you will realize that it’s time to trade it.
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December 24, 2019, 03:10:43 PM
 #124

A person who works 5 hours a day can invest in this market. However, a person working 8 hours or more per day cannot invest in this market. Because this market is consuming one's energy. So tiring. Operations continue every minute. This is really hard to achieve.
Trade only at times you think it’s best, it’s not necessary that we will do trading daily, all we need is to trade when we see the potential to gain in that alt or think whether that alt is for long term or short term. Just try to be updated at least on charts of your holdings then you will realize that it’s time to trade it.
right, if we do not have much time to trade, maybe long-term trading can be an option, because this does not take up our time to do other activities. especially short-term trading requires a good analysis because fluctuations can take our capital


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sovie
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December 24, 2019, 03:19:10 PM
 #125

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.
It is most of the choice of those who have the main job outside. Just like you, every day I only look and watch the market for about 30 minutes is enough because I choose to invest in the medium and long term. It does not take up too much of my time during the day and I still guarantee a profit when making such investment
Likewise with me where I prefer to invest long term, so that not much time is needed to analyze, sometimes even in a day I do not monitor the market, because my goal is indeed for the long term. but back again to the style of each person to make money from cryptocurrency
It depends because each person is different in regards to their own vacant times and work situations where there are workers that can still able to access net
and can able to trade but it all matters on what you are dealing with as said it will be either for long or short term.If you dont like to get hassled
while you work then you prefer on just simply holding than minding yourself on doing trades but profitability comparison then shorter ones is much more better.
I think it is not so hard to get time for your investment even if you are at a job because we are investing in crypto and there is no selected time for it we can keep eyes on the market by pushing the notification on and we will be updated easily. We can invest or trade along with our job but having long term is important to point at both.

I can't say about day trading or short term investment (as I have limited experience working with them) but if you are a hodler (long term investor) then having a look at the market once a day is good enough. If you have a job then you can still participate in crypto trading with confidence.

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supercanada1
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December 25, 2019, 04:51:37 PM
 #126

You need to calculate the time when you come home from work and start trading on the exchange. I think that two hours is enough.
Looking at profile when you have break works well too but the real time for the analysis of market and buying and selling shall be located in the hours when you are at home and most importantly relaxed. Sitting in front of laptop with tired mind will not help you in taking right decisions on time rather such decisions will drive you to more trouble. Before going to bed, decide two hours for daily trading.
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December 25, 2019, 06:59:11 PM
 #127

make sure to keep providing time online twice a day with a note should be able to increase understanding of weekly charts that are connected with trends. You do not have to think about what targets can be achieved every day, and still target profit within the limits of active support and resistance. don't panic if the assets are floating for more than 4 days if the weekly chart is still the same as before, there is still potential for a reversal, this is more on how you can be consistent in the same strategy.
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December 25, 2019, 07:37:01 PM
 #128



why would you worry about it when you can automate things, exchanges are easy to manage. you can always use the stoploss and take profit after analyzing the charts, but i wouldn't try analyzing at weekends. though the crypto market works 247 other market stops during weekend. it just play along with these markets to see volume by their sessions. when it comes to money i would just ignore the weary eyes, its for your own good. work with it.

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December 25, 2019, 07:58:32 PM
 #129



why would you worry about it when you can automate things, exchanges are easy to manage. you can always use the stoploss and take profit after analyzing the charts, but i wouldn't try analyzing at weekends. though the crypto market works 247 other market stops during weekend. it just play along with these markets to see volume by their sessions. when it comes to money i would just ignore the weary eyes, its for your own good. work with it.

You talking about holding coins in the exchange, where you will set up your sell order and if it's get executed it's cool you have your money, if not you just wait longer. But holding coins in the exchange is not secure, you can stay without your coins.
I think that long term portfolio doesn't need to be managed, you buy the coin, you store it and you open it in a few years. You don't care about tops and bottoms, you wait for the entire industry to lift off.



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December 25, 2019, 08:31:42 PM
 #130

For each and everything associated with our lives were monitored with the help of different mobile applications that were developed for specific purposes. With Portfolio development creation for Cryptocurrency isn't a big issue. It can be dealt easily, if one isn't comfortable with these applications can make use of the portfolio management tools available with the respective exchange.

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December 25, 2019, 09:45:14 PM
 #131


You talking about holding coins in the exchange, where you will set up your sell order and if it's get executed it's cool you have your money, if not you just wait longer. But holding coins in the exchange is not secure, you can stay without your coins.
I think that long term portfolio doesn't need to be managed, you buy the coin, you store it and you open it in a few years. You don't care about tops and bottoms, you wait for the entire industry to lift off.
Actually saving your money in exchange "temporarily" until they sell or buy order executed is okay and most of the traders do that, though for a long term investor it's indeed discouraged to do that.
I agree with portfolio doesn't need to be managed everytime, people are confusing trading with long term investment. for long term investment managing portfolio is probably the last thing they'd do in "short time" but instead they just leave it be.

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December 25, 2019, 09:54:59 PM
 #132

When your portfolio is only for top coins, I think the monitoring is not necessary to that extent, it is different if you want to get a quick profit then buying any coins there then it must always be monitored. If that's the case, then back again about your goal, do you really just want a quick profit or are you just holding a token which basically won't be good to hold on too long.

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December 25, 2019, 10:32:33 PM
 #133

For each and everything associated with our lives were monitored with the help of different mobile applications that were developed for specific purposes. With Portfolio development creation for Cryptocurrency isn't a big issue. It can be dealt easily, if one isn't comfortable with these applications can make use of the portfolio management tools available with the respective exchange.
I fully agree with you so many app out there could automate the whole process of portfolio management and alarming us when significant change to the prices happening it's just as simple as that and theres no need spending too much time watching monitor 24/7 just to manage the portfolio because thats waste of time for people who are productive, these tools exist for the reason of this, to make people not tired managing portfolio

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December 26, 2019, 02:08:48 AM
 #134

It has never been easy combining crypto related jobs with day time job. Working in the blockchain industry requires some form of dedication of time and energy and also the crypto world is very fast. If i were you i would advise you not to go in for short term investments but rather go for long term ones. You are likely to miss the short term ones when they rise. You can also set timers and notifications as well just to remind you of some of your investment plans.
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December 26, 2019, 03:24:27 AM
 #135

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.

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December 26, 2019, 09:55:00 AM
 #136

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.
Day trading isn't really for those people who are taking crypto trading as a part time job because if you do and encounter some problems it might affect your full time job and worse case you can get fired so better to allot a time where you'll do some research on what coins can you go for long term investment and then focus on your work and check it every weekends or whatever you like to check it.



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December 26, 2019, 11:15:05 AM
 #137

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.
Day trading isn't really for those people who are taking crypto trading as a part time job because if you do and encounter some problems it might affect your full time job and worse case you can get fired so better to allot a time where you'll do some research on what coins can you go for long term investment and then focus on your work and check it every weekends or whatever you like to check it.

Take it easy there, why full time job and trading are not a good combination? What is good about crypto it works 24/7, you can find some time for trading, you can set up buy or sell orders from your android, you can adjust your time with some trading strategies, cause it's a huge new world and you can make a perfect combination that will suit your timing, I'm sure in that, anyone can do that.
To be clear on one thing, when you like something, when you wish to get more involved, you will find some time, you will find a way, or you will be full of excuses!

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December 26, 2019, 01:05:06 PM
 #138

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.
I agree with this. You should not forced yourself to do trading while you have a valuable day job because it might not be the best for you in terms of productivity and the output that you potential giving to the company. I also agree that it is better to go long term trading because it will give you space and time in order for your portfolio to grow and it is easier to balance job and long term trading.
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December 26, 2019, 03:22:38 PM
 #139

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.
I agree with this. You should not forced yourself to do trading while you have a valuable day job because it might not be the best for you in terms of productivity and the output that you potential giving to the company. I also agree that it is better to go long term trading because it will give you space and time in order for your portfolio to grow and it is easier to balance job and long term trading.
Definitely. It's like asking a person if he will quit his job to do full time with trading which is not that worth. If I were asked by the question " How to manage trading/portfolio while having a job" I'd say don't make me fool I know my priorities. Mostly an actual job will take 8 hours a day, so there is so much left to your day time to manage your portfolio. The key on managing efficiently is a well fit time management.
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December 27, 2019, 06:54:43 AM
 #140



why would you worry about it when you can automate things, exchanges are easy to manage. you can always use the stoploss and take profit after analyzing the charts, but i wouldn't try analyzing at weekends. though the crypto market works 247 other market stops during weekend. it just play along with these markets to see volume by their sessions. when it comes to money i would just ignore the weary eyes, its for your own good. work with it.

You talking about holding coins in the exchange, where you will set up your sell order and if it's get executed it's cool you have your money, if not you just wait longer. But holding coins in the exchange is not secure, you can stay without your coins.
I think that long term portfolio doesn't need to be managed, you buy the coin, you store it and you open it in a few years. You don't care about tops and bottoms, you wait for the entire industry to lift off.
Find an exchange that have good features like have automatic cut loss and many more. It is hard to manage a trade if you have full time job. You will not worry on your current position if you will use an exchange that have automatic cut loss. Our portfolio should also full of cryptocurrencies with highest daily volume and market capitalization for us to guarantee that we are not trading a shitcoin. It will lessen the time that we can have if we portfolio that consists of potential coins.
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