Cryptocurrency for Trading

[Kelvinid]

It could be a passive income for those who are jobless at this time but certainly not a thing we should have to depend on after all. The risk that we've been in crypto trading is really high, people never know this exactly. Maybe they are of good this time but I'm not sure how it deals when the market dumps ( I was to give-up).
We have to consider crypto now as another source of income but not a thing we think this for a lifetime course. We need to find a secure investment.

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[taufik0911]

It could be a passive income for those who are jobless at this time but certainly not a thing we should have to depend on after all. The risk that we've been in crypto trading is really high, people never know this exactly. Maybe they are of good this time but I'm not sure how it deals when the market dumps ( I was to give-up).
We have to consider crypto now as another source of income but not a thing we think this for a lifetime course. We need to find a secure investment.

the truth is this is the best moment to enter cryptocurrency as a trader, with the current pandemic conditions it will make several countries into a recession and this will be bad if it continues but this will not have much effect on a cryptocurrency trader, stocks.
and the thing to remember is that no asset is safe with the exception of property

[Gozie51]

but not a thing we think this for a lifetime course. We need to find a secure investment.

Cryptocurrency can also be for lifetime investment. Investing in crypto is not only just hodling it but if someone has no job and wants to build investment in cryptocurrency, you can learn other aspect too like by trading. Trading can give daily returns that can support the family while having some coins as longtime investment. Some people do stock and shares businesses and are living with it.

[TIDOVEE]

You know, it is during the lock down saga that a lot of people were able to take their time to Reason on getting more sources of income,some out of boredom, some out of frustration of paused salary or wages, some after losing their jobs among others,The economy of the world at lockdown was not encouraging, enough though varying according to different countries. So those who never had time for crypto stood up to it.

[semobo]

It could be a passive income for those who are jobless at this time but certainly not a thing we should have to depend on after all. The risk that we've been in crypto trading is really high, people never know this exactly. Maybe they are of good this time but I'm not sure how it deals when the market dumps ( I was to give-up).
We have to consider crypto now as another source of income but not a thing we think this for a lifetime course. We need to find a secure investment.

When you have no job then definitely you will go for it until you get back to your job and in this case once you learned about trading then you can do both simultaneously and make money from both of them.Crypto trading is not a safe job but its worth to take the risk when someone really wanted to make money and ready to put the effort for it.

[Lucax.finance]

I did not understand very well what I say but remember that there are cryptocurrencies in which you can invest and generate profit through mining and masternodes

[Distinctin]

You know, it is during the lock down saga that a lot of people were able to take their time to Reason on getting more sources of income,some out of boredom, some out of frustration of paused salary or wages, some after losing their jobs among others,The economy of the world at lockdown was not encouraging, enough though varying according to different countries. So those who never had time for crypto stood up to it.

The moment that this pandemic will be over these new traders will make an exit story by then. They find other sources that have a lower risk than this. It just the lockdown pushing them to engage online but I'm not sure how consistent they are to themselves to limit especially when the dumps strike back again. I'm afraid they will lose everything that they have started.

Well, if have a passion for trading and have exemplary knowledge in this field, I'd rather have to make myself fully engage in this. Yeah, trading is risky but we can't deny that we can make huge money from this if we can manage our trade perfectly or at least.

[ekeh]

The world is really moving into digital, mostly buying and selling, which we called as trading, hence the cryptocurrency exchange has made it easier to trade from any country in the world, with any cryptocurrency pairs that's tradable in the market. Which during lockdown has opened many people eyes about the market.

[lifeOK]

but not a thing we think this for a lifetime course. We need to find a secure investment.

Cryptocurrency can also be for lifetime investment. Investing in crypto is not only just hodling it but if someone has no job and wants to build investment in cryptocurrency, you can learn other aspect too like by trading. Trading can give daily returns that can support the family while having some coins as longtime investment. Some people do stock and shares businesses and are living with it.

Just one particular thing I wish to invest in. Suppose you're relatively new in investing then holding must be best thought ever. To be honest trading is somewhat extremely difficult job in order to get daily returns until you have complete information. Anybody show their interest on investing, however have the capacity pull out your cash on schedule and not take a loss.

[shamimal93]

I agree with you.  Many people have invested in cryptocurrencies in this lockdown.  Many people have lost their jobs because of the lockdown so they have opted for cryptocurrency as an alternative to read their daily needs.  This has happened not only in your city but in almost all the cities of the world.  Many have started trading to make up for the cut.  Because passive income is very important for a person during this lockdown.  Needless to say, the only cryptocurrency market was strong during this lockdown.

[SquallLeonhart]

Even without the lockdown the market has been gaining recognition. Although I still think that some newbies are not understanding it. They are expecting steady income, but Bitcoin doesn’t work that way, it takes a level of patience, since the market fluctuates all the time, so there are times you will experience loss. It’s just like a circle, and it keeps going that round.

I have seen some noobs in this forum that asks questions like 'when will the price go up, what’s the date?’ and the questions like that. We should make them understand that the main reason cryptocurrency was created is to be a peer-to-peer payment method. Although no one can really predict the market, I believe that it will be going up from here.

[ethereumhunter]

If this pandemic can help cryptocurrency grow, that will be good news for us because that can attract more people to use cryptocurrency. If they know that cryptocurrency can be for trading, they will try to use it to make money from trading. But I hope that they can learn about trading before starting to have the basic lesson on trade. If they can learn before the trade, they will have a chance to make money, and if they can make money, they will have an income from trading.

[Darkelf11]

If this pandemic can help cryptocurrency grow, that will be good news for us because that can attract more people to use cryptocurrency. If they know that cryptocurrency can be for trading, they will try to use it to make money from trading. But I hope that they can learn about trading before starting to have the basic lesson on trade. If they can learn before the trade, they will have a chance to make money, and if they can make money, they will have an income from trading.

As what I think everyone knows, cryptocurrencies can be traded on different exchanges. That reason also means that it has some value. Means you can convert them to fiat currencies of your choice. However, most crypto projects these days fails to attain the things that they promised

Not all can be successful and get some income from trading. Trading cryptocurrencies is not easy as you think.

[Alucard1]

Trading is not a passive income because that is very risky and you should still observe the market time by time, You will lose your money if you considered trading a passive income, it seems like you still need good knowledge about how to trade. This lockdown makes many people focused on cryptocurrency because of being jobless but we should still be careful about investing and trading in crypto especially if we don't have enough knowledge about it.

Staking will still be the best passive income for me on which you are just only need to hold funds on your trusted wallet to support the blockchain security an you will be rewarded.

[Leviathan.007]

We can't judge about this and everyone thinks and makes money in different way. But, I would not use the cryptocurrencies and specially altcoins for trading because the market is still way too young and very vulnerable to any fundamental news or events and ama. That's why I would prefer cryptocurrencies for investing in long term after doing some research about the project.
Also, about the passive income you can using the stacking feature of some coins. For example, Tron is the coin you can stack in long term and take a semi passive income from it. But, generally there is nothing as "passive income" in cryptocurrencies and everyone who ever gave you a promise about it smells fishy.

[death69]

The lockdown has helped with the growth of cryptomarket in large scale. This too is experienced in my home state capital. Compared to the past the lockdown months have got a massive increase in the usage of cryptocurrencies on trading. It is true to see most of the tech people around the age of 25 getting into cryptocurrency usage. Particularly most are into trading to make some passive earning as tech giants have come up with big pay cut.

Actually, not just cryptocurrency are being noticed by the young people during this pandemic. Trading in many different aspects are also what other people concern. They trade from Gold, silver, oil to forex, futures commodity. Despite of the high risk, trading provides us a vast number of opportunities of making money without being controlled by anyone.

Another important reason for the same is the stocks which weren't that supportive to make some passive income. During the lockdown even the stocks crashed, only the cryptocurrency market stood strong. With the lockdown the city has topped third position in terms of cryptocurrency users and trading volume. Probably this widespread could've happened in the global market too.

Actually, you can both buy and sell stocks. Many trading platforms provide this features already. The number of stock trader is still high in general. We are moving to the 4.0 digital era and thats will definitely enhance the capability of making money both online and offline

[Peanutswar]

Trading is not a passive income because that is very risky and you should still observe the market time by time, You will lose your money if you considered trading a passive income, it seems like you still need good knowledge about how to trade. This lockdown makes many people focused on cryptocurrency because of being jobless but we should still be careful about investing and trading in crypto especially if we don't have enough knowledge about it.

Staking will still be the best passive income for me on which you are just only need to hold funds on your trusted wallet to support the blockchain security an you will be rewarded.

There are a lot of newbies today are wanting to make a large earner with the use of trading but the problem is they don't want to take the essential on trading because they want the most and easiest way to earn with this but the problem is they spend a lot of time and money by just having too much mistake.

For me trading still is the best than way to earn than staking, this is for people who use the market volatility.
In staking they are just holding their coin without earning.

[proTECH77]

During the pandemic i so much impact many bitcoin users who don't know how to trade their coins and make a massive profit in the trading market. Those that saw me during the pandemic the way me and my families where growing our business without the support of government and the way I was making more money from the business,that make many people to need our help how to make massive profit in crypto market .
I really impact so many people who are ready to know how crypto market work,during the lockdown that make many to have interest in cryptocurrency trade in the market. Many are doing well right now in crypto trade.

[Japinat]

I really appreciate people got into crypto trading during this pandemic. It can't be said that this is the best opportunity for everyone because of its high-risk, many can't take it and hardly manage themselves in trading which putting their money to possibly lose than profiting.

If we are about to choose to trade, better to prepare ourselves for the worse. If we can handle this thing, a chance for us to win. It can't be easy as many think, that is why we should take this seriously and put in some effort.

[traderethereum]

There are a lot of newbies today are wanting to make a large earner with the use of trading but the problem is they don't want to take the essential on trading because they want the most and easiest way to earn with this but the problem is they spend a lot of time and money by just having too much mistake.

For me trading still is the best than way to earn than staking, this is for people who use the market volatility.
In staking they are just holding their coin without earning.

Many of them are losing money in trading because they don't learn deeper about trading.
They think that trading is one way to make a lot of money in the short term, but that is not so simple.
Many things that they need to do before they can make a lot of money from trading.
They need to have time and patient to be successful people in trading or pro trader.
If they can realize that the way to be a pro trader will not easy, they will think twice to pass that way, and they will not make a rush action in trading.