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Author Topic: are the majority of the people part time traders?  (Read 864 times)
aoihs00
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December 10, 2017, 01:04:20 PM
 #21

I mean of all the people who are trading do majority just do it as a side job for just a little profit or most of the traders dedicated traders who don't have any side jobs?
What type of trader are you?

I think most of the people here or on the crypto market are just making money from the crypto trading as part time job. Most of us have real job with real fiat salary which we are trying to grow into something bigger putting it into online trade positions. That is how it is working really and thus in the future that is to come the condition would be the same and new people will do the same after knowing this market.

In Asia countries like India, China I have seen a different trend where people who are salaried personnel try to invest into stock exchanges and share market along with the job in the want of increasing the wealth they are carrying. Now a days the crypto has opened up new market for such people and I'm sure there more real trader Thant he pseudo traders.
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December 10, 2017, 01:19:07 PM
 #22

The community is filled with different types of people including professional traders, part time traders, campaign promoters, marketers, developers, gamblers, beginners with no luck, fraudsters and hackers etc... I am sure I would have missed many other people. So it is really difficult to say what kind of majority the community has. The part time traders would surely be having a side job as they are part time workers. We can say that majority of people would be part time traders but we can say that majority of traders will be part time workers along side a part time job Grin

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December 10, 2017, 01:35:54 PM
 #23

I mean of all the people who are trading do majority just do it as a side job for just a little profit or most of the traders dedicated traders who don't have any side jobs?
What type of trader are you?
Depending on case to case basis since not all people do have work or day stable job which they do really have the time to spend on trading unlike on those people who are just making it as a side income thing. In my case i do make it as a side job which i do end up to be a long term trader because if we do talk about active day trader most of the time you are facing in front of your pc or laptop/mobile because it do require active responses on any price movement.

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December 10, 2017, 02:09:53 PM
 #24

i think most of people really are part time traders because most people have their work, but they have their spair to earn more money on crypto, and the number traders fulltime surely very few than part time traders,.

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December 10, 2017, 07:25:48 PM
 #25

In my opinion that should be decided by one's willingness to earn more coz as if some wants to earn more from crypto trading and has interest in that has to justify with the amount of time that they put in this.That concludes me to two categories one which wants there future in bitcoin and other just to spend there extra time in cultivating way. I think first case has majority with them.
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December 10, 2017, 08:20:59 PM
 #26

I mean of all the people who are trading do majority just do it as a side job for just a little profit or most of the traders dedicated traders who don't have any side jobs?
What type of trader are you?

I am a night trader who doesn't have side jobs. I trade only if there is a sure profit and if the price of the coin that I bought keeps falling, then I do nothing and wait for it to rise again even though it's risky. I am ready for the outcomes, win or lose. Soon I'll look for a decent job and make trading as part time.
You are doing great mate you are working with your full capabilities and you will be rewarded by bitcoin soon there are a lot of people who are around me and doing trading as part time job but they are making much more than they are making monthly in making office and I ask them to left the job they say time will never be same who knows what will be next but I know one thing that bitcoin will stay forever so no need to worry about its future.
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December 10, 2017, 08:41:52 PM
 #27

I mean of all the people who are trading do majority just do it as a side job for just a little profit or most of the traders dedicated traders who don't have any side jobs?
What type of trader are you?
It depend on you that how much you want to earn from trade because trade is the fastest way to earn money so if you start to give full time trade you can earn a lot of money and if you want to use it as a part time so you can earn less money so in my opinion bitcoin is safe and sound for daily trade we need to give full time to online trade  and I’m sure that you can earn very big amount from bitcoin same like me because I’m doing online trade full time.
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December 10, 2017, 08:54:10 PM
 #28

Not really, because very few number of users were skilled to be a cryptocurrency trader. Here, what happens is completely dependent upon the skill as well the patience to handle the market. This is not possible with each and every user, because the price varies unexpectedly and the wrong predictions will lead to great loss.

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December 10, 2017, 09:01:02 PM
 #29

I mean of all the people who are trading do majority just do it as a side job for just a little profit or most of the traders dedicated traders who don't have any side jobs?
What type of trader are you?

I am a part time trader and even do intermittently because its takes a lot of guts to go in fully which I am yet to garner. Although the profit is there so also the ability and possibility to make unlimited losses so the best is just to take time, learn gradually, make the loses and enjoy the little profit. Another reason why I do part time trading is because of the nature of the job I do that does give time to full time trading but if there is more time, it can be invested into trading.
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December 11, 2017, 08:55:31 AM
 #30



I mean of all the people who are trading do majority just do it as a side job for just a little profit or most of the traders dedicated traders who don't have any side jobs?
What type of trader are you?

I am the kind who is doing this trading since long but I'm not full time trader. I will always hit my office 9 am to 5 pm but when I'm at home I will be surely getting into trading all until the bed time. Really thats the habit I have gotten now and I like doing it that way.

I have thought about it doing full time many times but my family members are restricting that from doing in that way. I will surely get into full time but once I'm sure that crypto currencies are not going anywhere for next 100 years. Lolz. I mean I would not leave my job if the market is uncertain and I don't want to be in position where I'm not having my job also as well as I'm not having fully operational trading.
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December 12, 2017, 10:44:49 AM
 #31

I mean of all the people who are trading do majority just do it as a side job for just a little profit or most of the traders dedicated traders who don't have any side jobs?
What type of trader are you?

Yes, you are right. It is too risky to many people who have good jobs to quit working and go on with trading only.
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December 12, 2017, 10:55:31 AM
 #32

I mean of all the people who are trading do majority just do it as a side job for just a little profit or most of the traders dedicated traders who don't have any side jobs?
What type of trader are you?
Yes majority of traders here is a part time and I am one of them. I am a student and making trading as a part time source of income and many of people here has their own job that's why majority of people is a part time trader. Most of full time traders are now rich.
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December 12, 2017, 11:02:18 AM
 #33

I mean of all the people who are trading do majority just do it as a side job for just a little profit or most of the traders dedicated traders who don't have any side jobs?
What type of trader are you?
Yes majority of traders here is a part time and I am one of them. I am a student and making trading as a part time source of income and many of people here has their own job that's why majority of people is a part time trader. Most of full time traders are now rich.
Those who are here in this forum, were have have knowledge on trading were having a trading activities once in a while or as a day trader, it's quite normal especially when you're engaging in different bounties here, after their ICO you'll only either hold or trade it.

logicgate
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December 12, 2017, 03:19:58 PM
 #34

I mean of all the people who are trading do majority just do it as a side job for just a little profit or most of the traders dedicated traders who don't have any side jobs?
What type of trader are you?

I am a part time trader and even do intermittently because its takes a lot of guts to go in fully which I am yet to garner. Although the profit is there so also the ability and possibility to make unlimited losses so the best is just to take time, learn gradually, make the loses and enjoy the little profit. Another reason why I do part time trading is because of the nature of the job I do that does give time to full time trading but if there is more time, it can be invested into trading.
It is most likely that majority of the people are part time traders as they are having regular jobs but for extra earning they also keep on trading. It is very appreciable to manage both job and trading. Professional traders have a better understanding of their job as how and when to buy and sell their bitcoin. Part time traders should take time and learn more about their trading as to have better know how about investment process.
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December 12, 2017, 03:43:15 PM
 #35

I mean of all the people who are trading do majority just do it as a side job for just a little profit or most of the traders dedicated traders who don't have any side jobs?
What type of trader are you?

I am a part time trader and even do intermittently because its takes a lot of guts to go in fully which I am yet to garner. Although the profit is there so also the ability and possibility to make unlimited losses so the best is just to take time, learn gradually, make the loses and enjoy the little profit. Another reason why I do part time trading is because of the nature of the job I do that does give time to full time trading but if there is more time, it can be invested into trading.
It is most likely that majority of the people are part time traders as they are having regular jobs but for extra earning they also keep on trading. It is very appreciable to manage both job and trading. Professional traders have a better understanding of their job as how and when to buy and sell their bitcoin. Part time traders should take time and learn more about their trading as to have better know how about investment process.
When it comes on level of knowledge comparing a full time or part time trader then theres really a difference and i agree on the fact that there are more part time traders than on full timers knowing that most of us do have our own day stable job which means we do trade on less time compared to those who decide to go full time.When it comes to profitability i do say that full time traders would really have the edge on this thing since they do have the most time on doing trading but well its just depend on a certain individual on which way he would choose up.

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December 12, 2017, 04:29:17 PM
 #36

I do not think there are some who become traders but some also work only part time to become a coin seeker, but most are indeed a trader because it's a very good job and get big profits.
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December 12, 2017, 04:36:47 PM
 #37

Of course there are many part time traders,because minimal budget and time
The full time traders usually are the whale that sleep in the market,waiting to shake price and solely focus on trading
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December 12, 2017, 05:00:06 PM
 #38

i personally don't mind if called as part time trader because i did trading only for the particular times and the particular days but there was some people has decide being full time traders and dedicate their time for trading purposse in my country but in my view i don't dare to make trading as my actual job because this activities can't ensure my future

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December 12, 2017, 05:42:50 PM
 #39

I really need to focus on reading charts more but my time is limited and I mainly trade sometimes on instinct. I also like to arbitrage trade whenever I get the chance as that locks in guaranteed profits. Overall I am a long term play and not a day trader. I mainly day trade arbing opportunities and that is really a very spare time thing for me at the moment as my main focus is in promoting crypto and building the world marketcap through promotions and educational materials.


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December 12, 2017, 06:10:13 PM
 #40


Everything depends, but the best ones should devote their total time in this. Well, if not, one or another thing gets out of hand.
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