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Author Topic: Do you think crypto trading can help nation with no Job create jobs?  (Read 1420 times)
isaac_clarke22
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April 06, 2021, 08:32:04 AM
 #161

~
Elders and those people in rural areas are most likely the ones that needs to have education in technologies.

I am pretty sure that they have good background already in simple trading and they just need to transfer that knowledge to cryptospace.
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April 06, 2021, 09:21:36 AM
 #162

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.
The problem is that it is a pretty niche job for everyone to do and not everyone is good with chart analysis and as @boyptc says, not everyone can afford to be a trader since not everyone has equal opportunity, I don't think that trading is going to help a nation because it is just a small part of the economy, what needs to be done is for the government to do something.

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April 06, 2021, 02:59:44 PM
 #163

...
So yes, crypto currency is an alternative.
It is an alternative for the people who wanted to learn and take risks for their money. But this doesn't mean that this could help the nation to create jobs knowing that not all of us are willing to do this. Trading couldn't be as easy as many people think and it can't give us assurance for us if we succeed. Not really a wrong choice if we don't have other options but we can't also expect that we gonna achieve our goal.

 
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April 06, 2021, 07:47:48 PM
 #164

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Elders and those people in rural areas are most likely the ones that needs to have education in technologies.

I am pretty sure that they have good background already in simple trading and they just need to transfer that knowledge to cryptospace.
It's going to be hard for them. Unless someone helps them to have a capital for starting.

Most people in rural areas would rely to what they have and we'll not know if they are capable of controlling their emotions upon trading. But learning from it will help them start.

Maybe a few from them will.


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April 06, 2021, 09:45:58 PM
 #165

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!
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April 06, 2021, 09:49:31 PM
 #166

All I know about crypto trading is that  I can't deny it give an opportunity to give us profit in the future, or it can also rekt our
Investment as well if we are lack of knowledge  or if we are luck dependent. Maybe if all individuals are experts in trading possible it can help in some other reason.
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April 07, 2021, 06:24:01 AM
 #167

Well, to trade you will need to invest money first and you also take the unwanted risk of loosing money while trading. If we don't have job then it is worst idea to invest money like this. Or saying a job would be very concentric, what I want to say is you must have a income source then only one can invest into methods like trading, share market stuff, bond investment, gold and what not!
Country with no jobs is lame thing. Every country has some jobs for sure, it's just that one should start with something! Crypto trading comes later when you have some savings or liquid flow of money.
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April 07, 2021, 09:12:23 AM
 #168

All I know about crypto trading is that  I can't deny it give an opportunity to give us profit in the future, or it can also rekt our
Investment as well if we are lack of knowledge  or if we are luck dependent. Maybe if all individuals are experts in trading possible it can help in some other reason.
But not everyone can be a trader, that is the hard reality and I don't think that trading is going to create jobs for the jobless since it is pretty much freelance and the only ones that can do it is the people that have the technology and opportunity to access trading and even those are still uncertain since they have to make profits more than losses.

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April 07, 2021, 10:02:32 AM
 #169

I pity whoever lives in a country with a government that actually would support crypto trading to create jobs! I mean, most govts out there are actually actively trying to prevent their citizens from getting into trouble with scams and losses. We all know majority of retail traders lose money, why make it even worse for people with no jobs?

Get them into financial services maybe, but god no not trading!

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April 07, 2021, 11:28:18 AM
 #170

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Elders and those people in rural areas are most likely the ones that needs to have education in technologies.

I am pretty sure that they have good background already in simple trading and they just need to transfer that knowledge to cryptospace.
It's going to be hard for them. Unless someone helps them to have a capital for starting.

Most people in rural areas would rely to what they have and we'll not know if they are capable of controlling their emotions upon trading. But learning from it will help them start.

Maybe a few from them will.
- If trading helps countries reduce the pressure on employment and create economic resources, governments of the countries will not hesitate to open up a small investment for each individual involved but even if the government was ready for this, an ordinary person can hardly promise of profits in trading. In particular, the scale of this program is relatively large, a few failures are considered good but only a few successful will be a problem, from the desire to reduce the pressure to convert to increase pressure, which is very scary.


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April 07, 2021, 11:38:02 AM
 #171

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.
Naah Shocked how are you going to be able to sustain yourself with trading? For me I feel it’s best that you do trading while you have another job to help sustain yourself. Of course I have seen people who got rich by trading cryptocurrency, but it didn’t happen just in a day, they had other things doing and when they started making huge money from trading enough to sustain them, they decided to leave their old boring jobs and go full time on it.

But, I also noticed that some of these people try to invest in other businesses to help themselves, because they know very that trading and investing is not what you’re going to fully rely on, it’s not every time that you’re making profit.
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April 07, 2021, 12:56:00 PM
 #172

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!
Trading is considered as Job Nowadays , there are some people I know that even quit their regular Job and transfer their Income making in Crypto Trading .

Some friends fails but others are still now doing it as their bread and Butter.
Most specially now that the crypto market increase more than 100% just almost a year.
So yes this can be a Job helping for people .

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April 07, 2021, 02:21:41 PM
 #173

Yes, can help a lot for the man without job to make some income by investing in crypto trading. Actually there are lot people people in the world they are working on internet for example freelancing, Youtubeing, blogging etc and keep their family better depending on internet. These are less risky (no risk actually) where you can do it without investing money. But crypto trading is quite risky where you have to invest from your pocket first and it create pressure on the jobless people. But who can do it and afford the loss crypto trading is only for them.

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April 07, 2021, 06:15:25 PM
 #174

No, that is unlikely to happen. Because not everyone is connected online and not everyone who is pertained has an idea about crypto. It cannot be repudiated that this crypto trade is splashing a very important function personally. Those who know about crypto trading may have offline jobs and many have forfeited their jobs. I don’t assume it’s helping the Nation directly or indirectly.

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April 07, 2021, 06:49:16 PM
 #175

~
Elders and those people in rural areas are most likely the ones that needs to have education in technologies.

I am pretty sure that they have good background already in simple trading and they just need to transfer that knowledge to cryptospace.
It's going to be hard for them. Unless someone helps them to have a capital for starting.

Most people in rural areas would rely to what they have and we'll not know if they are capable of controlling their emotions upon trading. But learning from it will help them start.

Maybe a few from them will.
- If trading helps countries reduce the pressure on employment and create economic resources, governments of the countries will not hesitate to open up a small investment for each individual involved but even if the government was ready for this, an ordinary person can hardly promise of profits in trading. In particular, the scale of this program is relatively large, a few failures are considered good but only a few successful will be a problem, from the desire to reduce the pressure to convert to increase pressure, which is very scary.
When you say investment, it can be categorized in many types of it that the rural areas that can benefit from it.

It's hard for them if it's trading as I have said and you have said. In success, it's not that everyone who participated will be on it because a very few will really get onto that point.


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April 07, 2021, 07:42:24 PM
 #176

~
Elders and those people in rural areas are most likely the ones that needs to have education in technologies.

I am pretty sure that they have good background already in simple trading and they just need to transfer that knowledge to cryptospace.
It's going to be hard for them. Unless someone helps them to have a capital for starting.

Most people in rural areas would rely to what they have and we'll not know if they are capable of controlling their emotions upon trading. But learning from it will help them start.

Maybe a few from them will.
- If trading helps countries reduce the pressure on employment and create economic resources, governments of the countries will not hesitate to open up a small investment for each individual involved but even if the government was ready for this, an ordinary person can hardly promise of profits in trading. In particular, the scale of this program is relatively large, a few failures are considered good but only a few successful will be a problem, from the desire to reduce the pressure to convert to increase pressure, which is very scary.
When you say investment, it can be categorized in many types of it that the rural areas that can benefit from it.

It's hard for them if it's trading as I have said and you have said. In success, it's not that everyone who participated will be on it because a very few will really get onto that point.
There are really those kind of common perception which do comes always on the positive side towards trading without realizing that not everyone will really be guaranteed
to get some success with this field.This isnt something that can be learnt up on a short span of time.For the question if crypto trading could help a nation with no job create jobs
then its a no but it would a better alternative but this one will only fit out into those people who are really interested to learn up and does have the
capability when it comes to funding and somewhat able to adapt or learn on.

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April 07, 2021, 09:53:14 PM
 #177

To be honest, I very much doubt that trading is appropriate for this. Rather, in trading, most people are capable of losing their savings that they have accumulated in their regular jobs.
Trading is very difficult. And as you know, the average level of intelligence of the majority of the population is below those abilities that are necessary for profitable trading. Hence it can become a debt trap for entire nations.
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April 07, 2021, 10:31:52 PM
 #178

trade is more suitable for a side job. trading cannot be used for the main job because it will have an impact on profit. now we imagine, where the crypto market is sometimes unstable, if the market is unstable everyone will not get a profit and that makes workers just work without money. isn't that worrying

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April 08, 2021, 06:26:45 AM
 #179

I think urging them to become business person is a decent decision, or to give them a choice to take part or find out about future work or possibly occupations which will be needed later on, for example, a blockchain engineer, etc. Other than not actually everybody has a similar comprehension of PC stuff and betting stuff since exchanging is centered more around understanding the diagram, outlines and the development of the market.


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April 08, 2021, 02:34:55 PM
 #180

All I know about crypto trading is that  I can't deny it give an opportunity to give us profit in the future, or it can also rekt our
Investment as well if we are lack of knowledge  or if we are luck dependent. Maybe if all individuals are experts in trading possible it can help in some other reason.
But not everyone can be a trader, that is the hard reality and I don't think that trading is going to create jobs for the jobless since it is pretty much freelance and the only ones that can do it is the people that have the technology and opportunity to access trading and even those are still uncertain since they have to make profits more than losses.
Trading should start like a hobi and if you are good at it it's possible to become something from it. The bigest problem is being able to control emotions. I put knowledge aside here cause everyone is able to learn and can do it. Crypto can't directly create jobs put big traders can open companies and open work places. It's kinda connected but it isnt it.
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