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

[tygeade]

Crypto currency trading is very good and profitable way for good earning and Employed  and unemployed both person can earn from crypto trading but i want tell here that don’t suggest crypto Currency trading with your all friends becouse trading not easy for all, need experience and Knowledge about Market and Coin.                 

Anything you do for a living requires some hard work apart from some McJobs so yeah some efforts are needed but I believe that anyone who starts trading now is still early in crypto trading because maybe the Bitcoin market has already expanded but the altcoin market is still growing and there are amazing projects every day.

Even with rigorous and hard training, trading is not something that is easy to master...
If you ask existing traders 'why are they trading' then they will surely answer because I am confident and dare to take risks. Besides having to have basic trading skills, traders must also have a 'not afraid to lose' mentality so they can trade calmly and without losses.

No doubt that trading within the crypto market is riskier but it also rewards you with more benefits. The way dogecoin got pumped imagine being a doge believer, how massively it must have paid off. There are others who make money easily by day-trading while others wait for an opportunity like for Elon musk to make a tweet and immediately buy more coins because with each tweet of his, the price goes higher.

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[fullhdpixel]

Of course crypto trading can be a solution for people who have lost their jobs. Because if we can analyze the market well, crypto trading should be a source of income.

It can be but because we have been into a bull run for quite a while now. Once the market becomes stable and doesn't rise much, I have seen the best traders scratching their heads about what to do next because with altcoins you just cannot trust most of them.

I admit that it is not easy to become successful traders, especially since the crypto market is very volatile. Therefore, it requires discipline in trading, we must really stick to the plan, don't let emotions affect the trading strategies that we have run. In a pandemic situation like now it is very difficult to find work, therefore crypto trading really helps the country provide jobs.

No matter how much you try and master the skills because the reality is that not everyone can be a trader like not everyone can be a painter. Some skills are god gifted and you can work hard to gain them, but it won't work. No matter how much you meditate you cannot learn patience, once the market starts falling you will be biting nails.

A lot of new traders emerged during the pandemic times and not everyone is successful. But yeah an easy opportunity is just to invest in Bitcoin and sell some part of it every month or year as prices will continue to move up maybe slowly, but definitely.

[XZERO1]

Nope, trading crypto or any asset is not something that you can rely on, since the outcome of your trades are not guaranteed to be positive(profit).

But if you got enough extra capital laying around, I believe you can start investing and even though the outcome is still not guaranteed, since you can wait long enough for your investment to grow it's very likely that you will be successful if you know how to do research and invest in projects/assets accordingly, and of course it goes without saying that you should still diversify your portfolio into many different assets to minimize your risk exposure.

[Theones]

I always support Crypto trading as part time business not as primary source of income. Crypto market can be bearish for years and how someone survive if he is fully dependent on crypto trading. To live our daily lives we need constant supply of money and that only job can give.

[blockman]

I always support Crypto trading as part time business not as primary source of income. Crypto market can be bearish for years and how someone survive if he is fully dependent on crypto trading. To live our daily lives we need constant supply of money and that only job can give.

Bears or bulls, someone can survive it. And with all of the bearish times that we've been, we have an idea on how to survive and if you're a better trader, the season won't matter to you because you'll just keep on making trades as you profit.
But that's not an easy thing, we may have that mindset that traders are making a lot of money, yes and that's no secret and even higher with a high capital but on the other hand, it's also a hard thing to do for them.

[Imran232]

Yes definitely. And i am one of the live example.  I don'f job anywhere. I am BBA Student. But i didn't get any job. If i get a small job then i could be get paid 5k-7k Bangladeshi taka which is equals of $50-$70 per month. Can you imagine?  What can i do with this income? nothing. I can not bear my own studies expense. But i am in crypto trading and i can generate a decent profit every month. And now i already take my full families responsible. My studies expense, my younger brother studies expense and our 7 members full family expense i bear. And now i am happy that i got something in my life which is crypto trading. So now what do you think isn't bitcoin help a boy to becomes from jobless to job boy?

[Lanatsa]

I always support Crypto trading as part time business not as primary source of income. Crypto market can be bearish for years and how someone survive if he is fully dependent on crypto trading. To live our daily lives we need constant supply of money and that only job can give.

Bears or bulls, someone can survive it. And with all of the bearish times that we've been, we have an idea on how to survive and if you're a better trader, the season won't matter to you because you'll just keep on making trades as you profit.
But that's not an easy thing, we may have that mindset that traders are making a lot of money, yes and that's no secret and even higher with a high capital but on the other hand, it's also a hard thing to do for them.

Success cant really be achieved if you haven't experience those countless losses and you should think off on how those successful traders do able to do that and how hard they had

fight on of all those challenges on dealing with the market that's why its not really that just right to say that trading is easy and can be attained without much of an effort.

You would able to realize up those things when you are on the actual situation. Yes, this could really give out that kind of chance or opportunity if you wanted to
but this wont be an easy one.

[Ziskinberg]

Isn't totally the safest job but at least if we are good at trading, this could be the best place for them. Because as the economic crisis started, more people come to the online jobs and not only trading could we find at the interent. It is really our guts and courage to try trading and if we are lucky enough, this gives us huge money and more likely it is bigger than the normal job salary.

Yes definitely. And i am one of the live example.  I don'f job anywhere. I am BBA Student. But i didn't get any job. If i get a small job then i could be get paid 5k-7k Bangladeshi taka which is equals of $50-$70 per month. Can you imagine?  What can i do with this income? nothing. I can not bear my own studies expense. But i am in crypto trading and i can generate a decent profit every month. And now i already take my full families responsible. My studies expense, my younger brother studies expense and our 7 members full family expense i bear. And now i am happy that i got something in my life which is crypto trading. So now what do you think isn't bitcoin help a boy to becomes from jobless to job boy?

Congratulation mate. Trading is meant for you because a huge number of people would like to enter trading, many of them left out and quit.

[ReiMomo]

Yes definitely. And i am one of the live example.  I don'f job anywhere. I am BBA Student. But i didn't get any job. If i get a small job then i could be get paid 5k-7k Bangladeshi taka which is equals of $50-$70 per month. Can you imagine?  What can i do with this income? nothing. I can not bear my own studies expense. But i am in crypto trading and i can generate a decent profit every month. And now i already take my full families responsible. My studies expense, my younger brother studies expense and our 7 members full family expense i bear. And now i am happy that i got something in my life which is crypto trading. So now what do you think isn't bitcoin help a boy to becomes from jobless to job boy?

Wow, that's a very inspiring story boy. Congratulation and keep it up I hope you can able to continuously make more profit in trading.

But we aren't the same. I don't have the skill and knowledge in trading, in short, I not have yet the confidence to enter the world of trading though I need money I will not risk my capital. I need a stable income, so I need a job but if trading was not have a great for me, investing in crypto has been there and help me more especially during this bullish trend. I even start a small business using my earning that come from my investment in crypto.

[StartupAnalyst]

Trading cryptos may help a nation tackle unemployment however how passionate are the unemployed who wanted to learn trading as their main source of livelihood ? we aware that trading is not an easy job, its requires high skills and expertise encouraging unmotivated and uninterested individuals to trading cryptos in the name of creating jobs may amount to losing huge sums of invested capital rather it should left to those who are serious and eager to learn trading.

That’s what I've also thought about. Trading crypto can become a good job only to the small amount of the unemployed; others in trading passion can lose everything they have. Nevertheless in this world nothing is impossible to clever people that intend to develop themselves.

[isaac_clarke22]

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Kind of agree that it is the safest during the pandemic, maybe not so much for one's money.
Market here is unstable and trading is one of the profitable ways to get into.
But with that instability, losses would be expected of course in here regardless of where one trades (Binance, Bittrex, etc)

[geegaw]

Trading cryptos may help a nation tackle unemployment however how passionate are the unemployed who wanted to learn trading as their main source of livelihood ? we aware that trading is not an easy job, its requires high skills and expertise encouraging unmotivated and uninterested individuals to trading cryptos in the name of creating jobs may amount to losing huge sums of invested capital rather it should left to those who are serious and eager to learn trading.

That’s what I've also thought about. Trading crypto can become a good job only to the small amount of the unemployed; others in trading passion can lose everything they have. Nevertheless in this world nothing is impossible to clever people that intend to develop themselves.

The requirement for profit in trading is time and precision, not in a hurry, although an unemployed person does not lack the time but they still are a very hasty, we can see that an unemployed person is always in a very anxious mood and they are very frugal with their daily expenses while trading is not a free job, to achieve a relatively stable income will need a fair amount of capital. And you said passion is not always profitable, sometimes we can still lose money and consequently, stable income is necessary before we engage in investments such as trading

[uelque]

Are you some sort of an advertiser? Too obvious dude. Lol.

Btw, of course, crypto trading can help a lot people to somehow earn profit thru trading platforms, but with really high risk and not recommended for people who simply put their money into the platform by luck (coz there's a lot of them). It can also help the country, because some Exchanges are being taxed by their respected goverments.

[wiss19]

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?  

The idea your nation could support it and actually help the improvement on crypto would mean that people could benefit from it and even more. Create jobs? That would be a bit of a challenge but it could create some, I mean think of a nation that recognizes bitcoin as money and never charges any tax from it, even helps companies that work in crypto space in such a way that not only they do tax cuts they actually give them money to grow, so obviously there would be a lot of global level of companies in that nation that hires thousands of people combined.

However that's not enough, nations have millions of unemployed people, hence we need something bigger. In that sense I think the best way bitcoin could help would be support it so that people could go freelance and charge money to other nations for remote work and get paid in crypto and government should be fine with it.

[boyptc]

Are you some sort of an advertiser? Too obvious dude. Lol.

He was.  

A perfect example about trading and making jobs is this in Africa.

Create jobs? That would be a bit of a challenge but it could create some

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[Ewox]

I don’t think it is a good idea because you would need money to invest or trade in cryptocurrencies, and if one doesn’t have a job then how are you able to double your investment by trading? It’s not sustainable for a nation to just rely on crypto. I’d rather have a job, save every pay day instead of putting them in the bank then invest them on cryptocurrencies.

[TastyChillySauce00]

I always support Crypto trading as part time business not as primary source of income. Crypto market can be bearish for years and how someone survive if he is fully dependent on crypto trading. To live our daily lives we need constant supply of money and that only job can give.

Bearish doesn't necessarily means people gonna lose money or not making profit at all, when in bearish market the fluctuation is rather high and traders can live off that fluctuation though it could be a lot more riskier than when market is in bearish but I do agree, trading shouldn't be primary source of income, but you gonna be fine if you always invested back your profit made from trading and generates passive income.

[proTECH77]

Based on the result we got so far from crypto trade during the covid-19, show that a nation can survive with crypto without Job create by the government. During the pandemic that collapsed so many organizations, that was giving crypto traders to do well in their trading at that moment.
With the signs crypto has developed during the season i guesss Crypto trading can help a nation without government create jobs.
 

[electronicash]

Based on the result we got so far from crypto trade during the covid-19, show that a nation can survive with crypto without Job create by the government. During the pandemic that collapsed so many organizations, that was giving crypto traders to do well in their trading at that moment.
With the signs crypto has developed during the season i guesss Crypto trading can help a nation without government create jobs.
 

it's not going to be that easy learning to trade in such a short period of time. some traders spend years already but still lose their money.
it takes a lot of dedication to achieve skills that will keep him earning and support himself. the government could do something like support BTC in order for the people to start buying and learn BTC trading.

i can see there more users from Slovenia and Russia are Forex Traders, maybe they teach each other.

[Kelvinid]

I always support Crypto trading as part time business not as primary source of income. Crypto market can be bearish for years and how someone survive if he is fully dependent on crypto trading. To live our daily lives we need constant supply of money and that only job can give.

Bearish doesn't necessarily means people gonna lose money or not making profit at all, when in bearish market the fluctuation is rather high and traders can live off that fluctuation though it could be a lot more riskier than when market is in bearish but I do agree, trading shouldn't be primary source of income, but you gonna be fine if you always invested back your profit made from trading and generates passive income.

As a trader, it is a must for us to adjust base on the market condition and I think this is not seasonal. No matter what it is, we have to go along with it. Either be a bearish or bullish season, the results of our trades will also depending on how you interact with the market.

While choosing to trade as a main source of income or in times that we are jobless, I can't say it was a good idea, not unless if you are really sure of what you are doing. It is a need of time to make it right, to get familiar with trading as a whole. Because if you are in a hurry to make money, nha this is not the price place to stay because that only leads to emotional trading and puts you into an easy loss.