Do you think crypto trading can help nation with no Job create jobs?

[MoonCrypt]

there is a nation out there with a scarcity of job and people scavenging for what they can do to earn a living
I won't list any country but the data is out there, My question is can crypto trading be an alternative?

If there can be a proper training program and mentorship do you think a trader can make earning with crypto trading

If you trade can you say this from experience or you will say no?  

Also if 0% commission on Otc trading with HBG.com they can also buy and sell that could be another way

trading platform www.huobimena.com Huobi MENA is an official branch of Huobi global

telegram: https://t.me/HBMENA

Huobi MENA

The most trusted digital asset exchange in the MENA region!

[anu1908]

i don't think this is sustainable. trading might be a good choice for those who have other jobs. i think encouraging them to become entrepreneur is a good choice, or to give them an option to participate or learn about future job or at least jobs which will be required in the future such as a blockchain developer and so on. it's more sustainable, more challenging and at the same time produce good contribution to their country development.

[semobo]

Don't expect all of them to make profit from the crypto trading so it is not going to be useful for the countries without much employment opportunities this is need to be like a part time job or when they have enough money to serve their life, crypto trading cannot be considered as there only job which is very risky things to do.

[butka]

there is a nation out there with a scarcity of job and people scavenging for what they can do to earn a living
I won't list any country but the data is out there, My question is can crypto trading be an alternative?

If anything, trading (crypto or otherwise) could be a great way to make them even more poor.

Trading is not for the masses. It surely sounds like a promising alternative to a day job, but it is more like gambling.

The tragedy is, some people support this fake image of trading as a fast lane to become rich. You can find this attitude, for example, if you follow the fake stories advertised by the people who sell online courses or mentoring programs.

[wuvdoll]

Is this a regular topic or an advertisement topic? I mean the first half of the message is actually a discussion and great but the second half of the message is just pure advertisement. For the discussion I think its hard for a really economically horrible country to just suddenly increase the amount of qualified people to suddenly make them great at traders.

If they were to be great traders by default it would be already a country with people who can fix the economy but since there is a lot of job problems then it means they are not economically smart people anyway. Hence, creating trading jobs wouldn't really be feasible or even possible. Maybe couple of people but not big enough to nationally change anything, just enough to change couple of lives but nothing major.

[Oceat]

Not everyone could be a trader some of us will have a specific field of works that they do like. Besides not really everyone has the same understanding of computer stuff and gambling stuff because trading is focused more on understanding the graph, charts and the movement of the market. It will need constant attention if you want to become a professional trader or else you will just burn your money making a lot of mistakes.

[peter0425]

I echo the sentiments of others here, it won't help nation to create new jobs or at least give others a chance to earn. Because of the huge risk involved and not everyone is willing to trade to make money. How many percentage of society do we need to be involved just to get the ball rolling for their countries economy?

[carlfebz2]

Is this a regular topic or an advertisement topic?

When I do read up on first sentences the discussion is quite interesting but after a few lines it turns out to be an obvious advertisement which do really lost my interest to read further on.

About on the topic, crypto can really give out earning opportunities not only on trading ways but in all sorts of possible method to earn crypto but we should put up on our minds that

it isn't sustainable or you can fully rely on because not all people do have the same skills and how they do engage on things which profitability would really differ on each person.Therefore,

we should find another ways to earn on fix income like having a day stable job and making online jobs as a sideline.

[QuadsPoker]

I do not think this is possible.

-Firstly you need money or crypto to put into your trading account. If it is a person without a job I am doubting he can afford to put money in a trading account.
- Secondly it needs a lot of practise to learn how to trade.
- Thirdly to become a professional trader and to be able to make a living out of it you first need to trade while you are having a job and from the moment they become successful and notice they make enough to support their living then they can become professional.

.... But the thing that is worrying me the most. This people would depend on profits generated whit trading. There will be too many emotions involved to trade on a rational basis. I do not think this people will be able to control their emotions and act rationally if they see the coin they bought keeps dropping. So I think this people will loose most of their money instead of making money

[Idrisu]

Cryptocoins can create jobs for a country and it has been creating jobs for so many people I know.  Jobs creations is majorly the duty of business men and women and I have seeing many businesses been established in cryptocurrencies that many of my country men are working for.

[farosa]

there is a nation out there with a scarcity of job and people scavenging for what they can do to earn a living
I won't list any country but the data is out there, My question is can crypto trading be an alternative?

If there can be a proper training program and mentorship do you think a trader can make earning with crypto trading

If you trade can you say this from experience or you will say no?   

Also if 0% commission on Otc trading with HBG.com they can also buy and sell that could be another way

trading platform www.huobimena.com Huobi MENA is an official branch of Huobi global

telegram: https://t.me/HBMENA

The trade has already existed for a long time and the cryptotrade just as a branch of it. First of all, in order to trade, we need to know its depths. I mean, if you make money with your specialization after you've learned about other specialty in school or elsewhere, trade is like them. But trading will not help everybody, everyone should go from their way.

[Reid]

It will still depend on the human nature of those who reallly want to learn.
There are a lot of jobs out there. I believe there is really no scarcity but just lazy or picky human beings.
If there will be chances for jobs for crypto currencies it aint trading.
There is too much risk out there and it requires a lot of experience to start with. You might learn it with a few lessons but it will those who have experience who can still make good decisions.

[Bagaji]

I don't think there is much difference between crypto currency trading and that of Forex trading which I must confess from my experience is not an easy task. For those that are ready to learn they will a living from crypto currency trading.

[Binauf]

Yes, trading cryptocurencies can create more jobs because somehow,  cryptocurencies are a lot more better in terms of digital assets than the rest. Lots of countries have many of their youths jobless.

[abstractednerve]

At first, trading is not for everyone, it needs much knowledge, faith, braveness and also experience with proper information! No one can make the only profit from the trade. And, I have never seen a man who takes trading as a permanent job, rather everyone does trade besides a job or business. People can suggest someone trade besides their work, but I don't think we should ask them to leave their jobs and enter into trading or make an institution for trading!

[bettercrypto]

Most of us here will agree that the main job cryptocurrency is offering now is trading and only a small percentage of the population only know how to trade. Also, cryptocurrency will not create a lot of job opportunities. Moreover, it will not replace a lot of existing jobs. It will revolutionize significant systems in our modern world but manpower will still be part of the system. People's needs are not based solely on digital, take note of that.

[valheru]

In my opinion, crypto trade can contribute to the country's economic situation because there is no tax to pay and the state has no chance of blocking you and That means everyone can do this job on their own. as a result; Yes. The crypto trade reduces the unemployment rate and provides a commercial contribution to the country.

[harizen]

... My question is can crypto trading be an alternative?

There are persons that don't want the idea of doing trading so basically it will depend on their "eagerness" and "interest".

We all know that to become a successful trader it needs time and patience, while at the same time it also need a "capital". So for an unemployed, rather than to spend money and time learning and doing trades, they will find a direct and regular source of income. It's not recommended as alternative if there's no such thing as foundation.

I see others takes trading as their primary "job" but in the start of their journey, they have some funds to spare, time to spare, other sources to spare etc. which is not present on most of unemployed today.

[Distinctin]

i don't think this is sustainable. trading might be a good choice for those who have other jobs. i think encouraging them to become entrepreneur is a good choice, or to give them an option to participate or learn about future job or at least jobs which will be required in the future such as a blockchain developer and so on. it's more sustainable, more challenging and at the same time produce good contribution to their country development.

We can say it is not a sustainable job but for those who just seeking to find work and waiting, then is gonna be their best option to do to maximize their time. Some full time crypto traders have succeed their life in here and who knows that maybe they could be like them if they want to.

[Crypto Girl]

Is this a regular topic or an advertisement topic?

A click bait, indeed. If you won't read the OP you'll just end up answering the title.

Just wondering if this HoubiMena is legit one, I mean I've seen many houbi groups that impersonating the officials admin and try to scam others. Just visit this HoubiMena channel with 175 members, I'll leave the decision to you guys, still DYOR.