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

[bitzizzix]

Yes, trading can be a source of income for those who do not have a permanent job but must be based on sufficient knowledge to do so.
and besides that they also have to have capital or money to trade, so that only a few of them can trade and must be creative in making money for trading capital and focus.

[tbterryboy]

Yes, trading can be a source of income for those who do not have a permanent job but must be based on sufficient knowledge to do so.
and besides that they also have to have capital or money to trade, so that only a few of them can trade and must be creative in making money for trading capital and focus.

Trading is so risky especially in the crypto market because without proper knowledge one might end up buying shitcoins and sell gems at a cheaper price. I understand that trading can be a good source of income for those who are disturbed by the pandemic or other problems but having proper knowledge and some experience is crucial.

When a bull-run is going on everyone makes money, that's true but when the market is slow or even going down, those are the times when you need the experience and patience while also making sure you are not holding some coins which have technically no future. Having the ability to analyze coins and projects is important. While if you are just price trading within the BTC market then maybe not as much experience is needed, only patience might work.

[doomloop]

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.

What's more important is, to have the ability and control yourself from trading when market is not moving according to how you want it to be. Once you see there is an opportunity only then you must trade, trading too much and within unfavorable conditions is actually similar to gambling. I sometimes feel that is it much easier to actually invest and sell rather than trade which requires deep understanding and knowledge about reading charts, candles and all.

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.

Indeed and emotional trading is such a dangerous prospect because it is quite similar to emotional or problem gambling where you are chasing losses and trying to recover what you have lost while forgetting the essence of trading.

Make sure whenever you are opening any sell/buy order, you have a solid reason and some data to back it up, if you don't have any reason for the trade, you are just trading emotionally.

[LUCKMCFLY]

~snip~

Crypto definitely does help a country with very bad economies, but in terms of trade and training them is very difficult, it is proven that 95% of traders lose in the market.

In order for them to be successful, they would have to train them and apart from reading many books so that they can have a sufficient level to face the market, without a job is an option, but it is very difficult that with only trade they can survive, because a mistake could leave without support the person and eventually I would not have the strength to do it later, starting in the trade from $ 0 is very difficult. To create jobs based on trade, you must have many financial advisors, and that each person in each of their decisions is carefully advised, it is very different when the person is engaged in investment, but market speculation tends to Being a profession in which you learn every day, and a mistake can be very costly.
 

[Vaculin]

Crypto trading could only help those who wanted to become a trader, not a nation in general. That risk situation makes people not try this thing and of course, I don't want to urge people to this as well if they are not willing to take the risk then.

Some people manage to do trading and consider it as the main source of income but couldn't think that this will also happen to others. Probably not, since not all of us here are passionate enough about trading, and not all of us were destined to become a trader, some just try and then live after suffering losses. It is normal.

[Zilon]

Crypto trading is really helping the masses create job for the unemployed and also generate an alternate source of income for the employed. Crypto trading has made so many wealthy within few period of trading. For this should be a skill the youths should invest their time in learning because it actually pays. I know of a country where graduates seek jobs without finding. In cases as this trading crypto would be a perfect alternative to generate income and leave a happy life although it's volatility is high and as such must be traded with caution

[Darkelf11]

I guess it's a bad decision that jobless people make trading because this is risky of course right now if they don't have any jobs and possibly a source of money. If they are capable and knowledgeable why not? But the money matters. Some people have different responsibilities and only those extra money has the full capacity to overcome this trade. Trading depends on your capabilities even you have job or jobless.

[blockman]

I guess it's a bad decision that jobless people make trading because this is risky of course right now if they don't have any jobs and possibly a source of money. If they are capable and knowledgeable why not? But the money matters. Some people have different responsibilities and only those extra money has the full capacity to overcome this trade. Trading depends on your capabilities even you have job or jobless.

Yes, it is not advisable for those jobless people to go trading just because they're jobless. But if there are traders that have a job and they think that they can manage themselves to go full trading, there's no problem with that and they understand what it should take them as they go full time in trading. I've heard stories that they don't really have to start with yet started with the little that they have until they've grown it and go to where they are right now.

[AicecreaME]

Yes it could, but not everyone would be accepted since not all of the people has the same ability when it comes to technology, not all of the people can read. Also the salary and earnings of both parties would not always be guaranteed since trading is a very hard job to do, not all of the predictions they are going to make would be successful, therefore it's impossible to happen in my opinion but it could help unemployed people if they are capable on Trading successfully.

[mediaBuzz]

Do you often meet a trader who is successfull and feeding himself and his family just by trading crypto?. No… (maybe you do as you are in this field, but in overall minority truely end up successfully). As long as there is a possibility to learn before going into, I think have many other options than crypto trading to learn. You should not treat it like a hobbu if your ultimate goal is earning out of it, it's a job in this case. And like any other job, you have to train in order to be good at it. I believe crypto trading is not a solution to unemployment (at least right now).

[death69]

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.

That is a sad truth. Veteran traders lose their money daily. Trading is not an easy job. Losing is inevitable since 95% trader suffer huge loss, from newbie to professional. Even big firms and holdings sometimes inform to have a significant loss. If you succeed in trading, you can proudly declare yourself as a proper financial independent person which everyone dreams about.

People actually love to depend on others. They try to work with others or under such companies so as they feel safe and be protected. A country itself must know how to protect their citizen by lower tax, let foreign enterprise to invest and open more opportunity for an entrepreneur to operate their own business. As the results, more job will be created and people absolutely feel pleased with the government. The issue relates to macroeconomics, thus, it needs to be solved in a bigger scale while trading only happens in individuals

[imstillthebest]

Do you often meet a trader who is successfull and feeding himself and his family just by trading crypto?. No… (maybe you do as you are in this field, but in overall minority truely end up successfully). As long as there is a possibility to learn before going into, I think have many other options than crypto trading to learn. You should not treat it like a hobbu if your ultimate goal is earning out of it, it's a job in this case. And like any other job, you have to train in order to be good at it. I believe crypto trading is not a solution to unemployment (at least right now).

i dont think minority only because why would trading grow like this if its not a profitable business . we have lots of traders in the forum that are earning and that earning can be small but that can be call as a success  .
 there are options that are easier but op choose this subject  
crypto trading isnt the best but it was perfect during this time because many people are not allowed to work outside

[Viscore]

Do you often meet a trader who is successfull and feeding himself and his family just by trading crypto?. No… (maybe you do as you are in this field, but in overall minority truely end up successfully). As long as there is a possibility to learn before going into, I think have many other options than crypto trading to learn. You should not treat it like a hobbu if your ultimate goal is earning out of it, it's a job in this case. And like any other job, you have to train in order to be good at it. I believe crypto trading is not a solution to unemployment (at least right now).

That you were right. We can't consider this as a solution for unemployment but we can't deny also that many traders and succeed and feed their families from trading. They are just quiet and silent that is why we never hear them screaming that they got a lot of money from trading (and don't think it is a need for safety purposes).

Consider those number of users and investors now, this might give us the hint also the crypto trading and the number of traders are also growing. This means that many people are engaging to trading that could help their life better as of before.

[geegaw]

Do you often meet a trader who is successfull and feeding himself and his family just by trading crypto?. No… (maybe you do as you are in this field, but in overall minority truely end up successfully). As long as there is a possibility to learn before going into, I think have many other options than crypto trading to learn. You should not treat it like a hobbu if your ultimate goal is earning out of it, it's a job in this case. And like any other job, you have to train in order to be good at it. I believe crypto trading is not a solution to unemployment (at least right now).

That you were right. We can't consider this as a solution for unemployment but we can't deny also that many traders and succeed and feed their families from trading. They are just quiet and silent that is why we never hear them screaming that they got a lot of money from trading (and don't think it is a need for safety purposes).

Consider those number of users and investors now, this might give us the hint also the crypto trading and the number of traders are also growing. This means that many people are engaging to trading that could help their life better as of before.

Well, considering this a solution for the unemployed is really not so optimal when the reason here is not the low success rate, the reason here is the timing and rotation of capitalization, a person without a stable job and income will not be able to fulfill their full potential here, even they will consider this a gambling game when they are too little time to choose. Crypto trading hints are only for those who want a better life when their capitalization cycle is relatively good, they will have time to define and wait for goals

[perfect999]

We can't consider this as a solution for unemployment but we can't deny also that many traders and succeed and feed their families from trading. They are just quiet and silent that is why we never hear them screaming that they got a lot of money from trading (and don't think it is a need for safety purposes).

Consider those number of users and investors now, this might give us the hint also the crypto trading and the number of traders are also growing. This means that many people are engaging to trading that could help their life better as of before.

That "many" is here, when you consider there is over 7 billion people in the world I have to say it is not looking good that we have only few thousand people who make a good amount of money from crypto trading. I am not saying it is nothing but it is really nothing small neither for us so we think there are a lot of them but overall it is tiny.

Long story short I think it can't be done, a whole nation thing, because it is very hard, but what can be done and what I have always suggested was the fact that third world nations that have high unemployment could open up courses to teach people online job skills, like coding and designer and social media etc etc those type of freelance things that you can see on fiverr, and if you could teach that to your public, to people who are unemployed, they could go online and use those skills to earn crypto by working for it.

[Hypnosis00]

snipped~

That "many" is here, when you consider there is over 7 billion people in the world I have to say it is not looking good that we have only few thousand people who make a good amount of money from crypto trading. I am not saying it is nothing but it is really nothing small neither for us so we think there are a lot of them but overall it is tiny.

Long story short I think it can't be done, a whole nation thing, because it is very hard, but what can be done and what I have always suggested was the fact that third world nations that have high unemployment could open up courses to teach people online job skills, like coding and designer and social media etc etc those type of freelance things that you can see on fiverr, and if you could teach that to your public, to people who are unemployed, they could go online and use those skills to earn crypto by working for it.

But the question is how this third world country could afford to provide internet, gadgets when they have the problem of money in the first place? Even they wanted it to happen but because their limited resources and capabilities are a huge hindrance to them, they might focus on how to feed their mouth rather than acquiring gadgets.

Sometimes we realize that some people are somewhat unlucky, there are a lot of work opportunities available online but due to the lack of knowledge and skills, it seems hopeless for them to get in.

[TheGreatPython]

the question is how this third world country could afford to provide internet, gadgets when they have the problem of money in the first place? Even they wanted it to happen but because their limited resources and capabilities are a huge hindrance to them, they might focus on how to feed their mouth rather than acquiring gadgets.

Sometimes we realize that some people are somewhat unlucky, there are a lot of work opportunities available online but due to the lack of knowledge and skills, it seems hopeless for them to get in.

Even if you are a very very very poor nation, there could be a lot of things that could bring you some money, at least money that otherwise you couldn't get. Think about it this way, there is nothing substantial required for a web related business right? Almost all computers can go online and surf the net on google chrome?

Well, get low end computers, the ones for like 100 dollars at most, there are even cheaper if you want, get 100 of them and you are down 10k dollars, get infrastructure ready as well and let's say that is another 10k, that is 20 dollars spent.

After that there is of course monthly costs, like electricity and internet and water etc etc. But right now with all of that you have 100 people working for you as a click farmer if nothing else, you give them jobs to do and they can do all those low level jobs but combined with 8-10 hours a day for a whole month with 100 people? That will certainly worth some money.

[Quidat]

snipped~

That "many" is here, when you consider there is over 7 billion people in the world I have to say it is not looking good that we have only few thousand people who make a good amount of money from crypto trading. I am not saying it is nothing but it is really nothing small neither for us so we think there are a lot of them but overall it is tiny.

Long story short I think it can't be done, a whole nation thing, because it is very hard, but what can be done and what I have always suggested was the fact that third world nations that have high unemployment could open up courses to teach people online job skills, like coding and designer and social media etc etc those type of freelance things that you can see on fiverr, and if you could teach that to your public, to people who are unemployed, they could go online and use those skills to earn crypto by working for it.

But the question is how this third world country could afford to provide internet, gadgets when they have the problem of money in the first place? Even they wanted it to happen but because their limited resources and capabilities are a huge hindrance to them, they might focus on how to feed their mouth rather than acquiring gadgets.

Sometimes we realize that some people are somewhat unlucky, there are a lot of work opportunities available online but due to the lack of knowledge and skills, it seems hopeless for them to get in.

Not only with knowledge and skills but rather with the resources that they do need for them to get engagement with the things that we could do possibly online specially
with crypto.I fully agree that when it comes to opportunity then there are really lots you can find online even though it does still need some effort just like on having a
typical job but the pay and earning is way more better compared on what you do earn on your typical day job.This problem isnt something that can be solved on though
and thats the sad reality where people doesnt have the chance on improving their lives of those due some reasons.

[youdacapt]

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?
 
Huobi MENA

The most trusted digital asset exchange in the MENA region!

First i want you to understand that crypto currency creating jobs in a country where jobs are scarce is not limited to crypto currency trading. Crypto currency projects offer job opportunities that ranges from bounty hunting, telegram moderators, crypto traders, crypto p2p merchants, ambassadors, marketers, smart contract coders and so on. So i believe irrespective of the country that you stay in, Crypto currency always offer you an opportunity out of joblessness, it is up to all individuals to be dedicated and find an area in crypto currency that suits their skill

So yes, crypto currency is an alternative.

[boyptc]

Yes it could, but not everyone would be accepted since not all of the people has the same ability when it comes to technology, not all of the people can read. Also the salary and earnings of both parties would not always be guaranteed since trading is a very hard job to do, not all of the predictions they are going to make would be successful, therefore it's impossible to happen in my opinion but it could help unemployed people if they are capable on Trading successfully.

Even everyone will have that good background technology.

It's not that everyone can avail to become a trader. That's such a risky day to day living and not everyone will risk their potential profit daily.