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Author Topic: If anyone asked me trade is enough to cover life not  (Read 226 times)
hoangvuthach (OP)
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April 11, 2018, 01:41:09 AM
 #1

Here is the answer
https://www.facebook.com/VietnamBlockchainCommunity/videos/187988995328122/
xcbjsuw
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April 11, 2018, 04:48:06 AM
 #2


Yes you are right, we must have a job.
and trading is our additional work.
that we must have a business.
hoangvuthach (OP)
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April 11, 2018, 10:51:48 AM
 #3


Yes you are right, we must have a job.
and trading is our additional work.
that we must have a business.
The allcoin market is not a major occupation
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April 12, 2018, 07:18:50 AM
 #4

The altcoin market will be the main job, because in crypyto no income other than trade, you know for yourself and how gifts and air catwalks can generate revenue other than altcoin trading. so essentially how we look at opportunities in crypo.
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April 12, 2018, 07:34:39 AM
 #5

The altcoin market will be the main job, because in crypyto no income other than trade, you know for yourself and how gifts and air catwalks can generate revenue other than altcoin trading. so essentially how we look at opportunities in crypo.


no they are not. Altcoins should not be our main priority or  primary job because cryptocurrency such as altcoins are verry volatile and being volatile simply means their value can always change from time to time.

Much better if we can just make them as a form of sideline job because trading or investing on them can not really guarantee you a sure profit. that is why it is verry recomended to have a stable job outside the web or jobs that pay a fix rate , so that you wont be zero.
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April 12, 2018, 07:38:59 AM
 #6


Yes you are right, we must have a job.
and trading is our additional work.
that we must have a business.
But it is the decision by individual,many people doing cryotocurrency trading as their main job and making lot of money too but it will be better if we have some other income because this is not a stable market so we can't be successful always in cryotocurrency field.
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April 12, 2018, 08:39:09 AM
 #7

Maybe but most of the traders I know already quit their jobs and now starting their own business from the money they generated thru crypto. So in my opinion trading would give you a decent income you just need to use it the right way so that you wont get zeroed Wink

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April 12, 2018, 09:50:22 AM
 #8

The altcoin market will be the main job, because in crypyto no income other than trade, you know for yourself and how gifts and air catwalks can generate revenue other than altcoin trading. so essentially how we look at opportunities in crypo.
That's a bad choice, if the crypto currency is suddenly banned on every country in the world, what are you going to do? Your crypto is no longer worth even 1 cent, while you are away from your previous job.

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April 12, 2018, 10:29:14 AM
 #9

The altcoin market will be the main job, because in crypyto no income other than trade, you know for yourself and how gifts and air catwalks can generate revenue other than altcoin trading. so essentially how we look at opportunities in crypo.
That's a bad choice, if the crypto currency is suddenly banned on every country in the world, what are you going to do? Your crypto is no longer worth even 1 cent, while you are away from your previous job.

Bad idea for the people who believe that trading with crypto currency can bring them up a continuous good fortune since there are several bad factors that can stop the dominance,growth and effectiveness on it. We should remember that the government is the number 1 threat of cryptocurrency and might we will be broke if all of them suddenly push some law of making it as Illegal and forbidden to be use.

BITWIN.

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April 13, 2018, 08:27:40 AM
 #10

everyone has a different opinion, but I suggest that from every profit we get from crypto, we have to divide it into real world investments, such as property, land, gold and other businesses. so we have a backup asset, if at any time the crypto dies.
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April 13, 2018, 11:10:17 AM
 #11

Never, never, never enough. You made me sing a song while watching that video.

The allcoin market is not a major occupation
You're right on this but this is an opportunity depending on how your lifestyle is. If your lifestyle isn't that expensive and you are still single, I guess you can live by trading.
There are millionaires who lived well with trading stocks and it's enough for them because they have big capital so I think it's possible also with trading.
You just need to be knowledgeable and you need to have bigger capital so even a small percentage of profit will be good enough for you to cover almost every expenses.

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milewilda
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April 13, 2018, 01:41:23 PM
 #12

Never, never, never enough. You made me sing a song while watching that video.

The allcoin market is not a major occupation
You're right on this but this is an opportunity depending on how your lifestyle is. If your lifestyle isn't that expensive and you are still single, I guess you can live by trading.
There are millionaires who lived well with trading stocks and it's enough for them because they have big capital so I think it's possible also with trading.
You just need to be knowledgeable and you need to have bigger capital so even a small percentage of profit will be good enough for you to cover almost every expenses.

Agree on this one which you are totally right yet this would really depend into your lifestyle and if you are still single then profits will be enough since you wont really be in a hurry unlike if you do have obligations in life then relying on crypto trading earning wont really enough yet theres no exact date or time on when you will able to make money.What if you hope for profits but the market turns opposite?

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April 13, 2018, 01:46:03 PM
 #13

That is not THE answer. That is ONE answer. What you must understand about crypto trading is that it is still very new. Yes. Very very new. It will still be new in 5 years. But the signs are showing that crypto cannot go on an upward trend forever, especially with the dilution of altcoins and token projects with no actual value.

Bear in mind this early success happened to most people who took the chance as early adopters. But it is down a lot to luck and to the fortunate event of being "first".

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April 13, 2018, 09:26:28 PM
 #14

It can be if you are a professional trader, If not do not risk being job less and full yourself in trading. Crypto currency world is like a jungle if you dont know how to hunt you will end up being eaten. Decide wisely before jumping into decision. Be wise. God Bless Smiley
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April 14, 2018, 11:26:06 AM
 #15

Never, never, never enough. You made me sing a song while watching that video.
The allcoin market is not a major occupation
You're right on this but this is an opportunity depending on how your lifestyle is. If your lifestyle isn't that expensive and you are still single, I guess you can live by trading.
There are millionaires who lived well with trading stocks and it's enough for them because they have big capital so I think it's possible also with trading.
You just need to be knowledgeable and you need to have bigger capital so even a small percentage of profit will be good enough for you to cover almost every expenses.
Agree on this one which you are totally right yet this would really depend into your lifestyle and if you are still single then profits will be enough since you wont really be in a hurry unlike if you do have obligations in life then relying on crypto trading earning wont really enough yet theres no exact date or time on when you will able to make money.
Lifestyle does have a big factor on how much you can spend everyday. If you're a daily trader and you are getting your expenses through it, you need to control yourself.
If your lifestyle isn't so expensive and you can actually eat everything and you can cook your food, you don't eat fast food restaurants, that's cheaper.
I have lived my life with a cheaper lifestyle so every single source that I have can be possible with me. I know that being a day trader is hard but when you have earned decently, it's worth it.

What if you hope for profits but the market turns opposite?
This is the risk of day traders and I'm sure they have their savings to save them.

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May 01, 2018, 04:26:15 PM
 #16


If you are a professional trader, then everything can be. In the market, it's better not to take chances. If you do not understand what is happening now. Be careful.
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May 01, 2018, 04:56:29 PM
 #17

Never, never, never enough. You made me sing a song while watching that video.
The allcoin market is not a major occupation
You're right on this but this is an opportunity depending on how your lifestyle is. If your lifestyle isn't that expensive and you are still single, I guess you can live by trading.
There are millionaires who lived well with trading stocks and it's enough for them because they have big capital so I think it's possible also with trading.
You just need to be knowledgeable and you need to have bigger capital so even a small percentage of profit will be good enough for you to cover almost every expenses.
Agree on this one which you are totally right yet this would really depend into your lifestyle and if you are still single then profits will be enough since you wont really be in a hurry unlike if you do have obligations in life then relying on crypto trading earning wont really enough yet theres no exact date or time on when you will able to make money.
Lifestyle does have a big factor on how much you can spend everyday. If you're a daily trader and you are getting your expenses through it, you need to control yourself.
If your lifestyle isn't so expensive and you can actually eat everything and you can cook your food, you don't eat fast food restaurants, that's cheaper.
I have lived my life with a cheaper lifestyle so every single source that I have can be possible with me. I know that being a day trader is hard but when you have earned decently, it's worth it.

What if you hope for profits but the market turns opposite?
This is the risk of day traders and I'm sure they have their savings to save them.
You are right! We should always depend on how much we do earn and we should really know how to budget it.If we do saw that we earn too much then its always being suggested to stick with simple spending so that you would able to make savings.Dont depend on how much you earn or profit and spends like theres no tomorrow which will really result into disaster. Always having a back-up on any unexpected circumstances and same as you said i know that those traders are already prepared on that one.

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May 01, 2018, 07:29:55 PM
 #18


If you are a professional trader, then everything can be. In the market, it's better not to take chances. If you do not understand what is happening now. Be careful.

Are you are professional trader mate. There are people invested on various coins but those coins will not get the big value for long time. If that happen how the trader will be survive with the crypto trading earning alone mate. You need to have a luck as a part to invest the money.

If the invested cryptos does not go to big then you will cry for your investment until it boom back. I believe this op made the post to promote the video he has added on Facebook page. Do not waste your time for this query.
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May 01, 2018, 08:20:57 PM
 #19


If you are a professional trader, then everything can be. In the market, it's better not to take chances. If you do not understand what is happening now. Be careful.

Are you are professional trader mate. There are people invested on various coins but those coins will not get the big value for long time. If that happen how the trader will be survive with the crypto trading earning alone mate. You need to have a luck as a part to invest the money.

If the invested cryptos does not go to big then you will cry for your investment until it boom back. I believe this op made the post to promote the video he has added on Facebook page. Do not waste your time for this query.
Not only luck since most day traders arent depending into those long term coins but rather going into short term ones which do have good movement of price.Dont expect for it to cover your daily living but its possible but depending on how you would do it.
Someone could able to do it but doesnt mean anyone does can achieve easily.

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May 02, 2018, 12:34:49 PM
 #20

I would not suggest that trading or cryptocurrency as a whole is enough to cover life worths. Before investing in cryptocurrency, you should have other source of income because you only invest in crypto with your spare money and as it grows, it yields profit which is suppose to be an addition for you. Depending only trading might not be advisable even though there are people who take this as their only source of income and have made fortune out of it but rememeber everyone cannot be lucky.
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