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Author Topic: Trading is new occupation  (Read 743 times)
MCobian
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October 16, 2020, 10:43:19 PM
 #41

If we can make money from trading, it can be said that trading is indeed an occupation. But crypto trading can be said to be popular
after Bitcoin hit the price of $ 19,000 in 2017. Since then many people have depended on crypto trading for living expenses, therefore
I agree to say crypto trading, new type occupation at this time. Especially in a pandemic situation like now many people have lost their
jobs, and crypto trading can be a solution as a source of income. So it's no wonder this year, an increasing number of people are trading
crypto as occupation.

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October 16, 2020, 11:58:57 PM
 #42

I can consider trading as an occupation, Knowing that many of my mutuals are doing it on a day to day basis. We do have different standards if we are talking about jobs and how we define it. There are jobs that are not ethically classified as a job but it is a job in the real world. I consider trading as a job because a trader is active in it, can possibly make money depending on the activity that the trader is doing, and can make a living in it.

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October 17, 2020, 01:50:21 PM
 #43

Occupation is quite different from crypto trading, trading is individualistic while occupation is a public thing, a crypto trader earnings is rational and not fix because its a gambling process, whereas occupation is the opposite.
Actually in this way, bankers uses customers money and trade while they are in a bank payroll,m/voucher for doing their trading job, that's occupation because the gain gotten is not theirs rather its for the company, so an individual trader gets their gain as much as they want that's profession, just like programmers or web developers  does. So you can possibly catch the difference.
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October 17, 2020, 02:00:13 PM
 #44

I Know myself not me but 2 persons who are full time cryptocurrency traders.

More More and More People start Living by Trading.

Its a New Type of occupation now how

There is no problem if you decide to be a full time trader; and also nothing wrong if you treat trading as your sole occupation. What matters is that you understand the risk involved in being a full time trader. AND also ensure to look after your mental health. Because as a full time trader; you must understand that there must be time to close trades and rest. Always do your own research.
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October 17, 2020, 04:07:19 PM
 #45

I Know myself not me but 2 persons who are full time cryptocurrency traders.

More More and More People start Living by Trading.

Its a New Type of occupation now how

There is no problem if you decide to be a full time trader; and also nothing wrong if you treat trading as your sole occupation. What matters is that you understand the risk involved in being a full time trader. AND also ensure to look after your mental health. Because as a full time trader; you must understand that there must be time to close trades and rest. Always do your own research.



Never all in use some risk management skills and its fine
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October 17, 2020, 06:17:45 PM
 #46

I Know myself not me but 2 persons who are full time cryptocurrency traders.

More More and More People start Living by Trading.

Its a New Type of occupation now how

It's not surprising that people have now become full time traders. Occupation actually is anything that can provide a means of living. Since trading can do that, then it can done full time.
To be a successful full time trader actually requires a lot of work trying to learn what it takes to trade.
Like I say all the time, trading isn't something to just dabble into. You need to have the necessary skills and knowledge required for a successful trading.
A full time trader also needs to understand that he has to be able to schedule his trading hours so as not to wear himself out.

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October 17, 2020, 07:56:26 PM
 #47

I Know myself not me but 2 persons who are full time cryptocurrency traders.

More More and More People start Living by Trading.

Its a New Type of occupation now how

You should be caareful what occupation you are choosing right now amidst this pandemic. Take note that the trading markets (Stocks, Crypto, Forex) aren't stable especially now that many have been failing to meet their capital and prefer opening more and more IPOs to keep them stable. Hence, Trading isn't really a good choice whenever you would be choosing on what occupation you owuld be focusing on. There are a lot of traders that even with their mental stability and risk appetite, lost to the market and lost a lot of money. Note that trading isn't an easy control of funds. Some economies suddenly dumps, pulling the traders with them.
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October 17, 2020, 11:59:33 PM
 #48

I Know myself not me but 2 persons who are full time cryptocurrency traders.

More More and More People start Living by Trading.

Its a New Type of occupation now how

It's not surprising that people have now become full time traders. Occupation actually is anything that can provide a means of living. Since trading can do that, then it can done full time.
To be a successful full time trader actually requires a lot of work trying to learn what it takes to trade.
Like I say all the time, trading isn't something to just dabble into. You need to have the necessary skills and knowledge required for a successful trading.
A full time trader also needs to understand that he has to be able to schedule his trading hours so as not to wear himself out.
Anyone can really make it as a full time job if you do able to do so but as said this isn't really for everyone because it isn't really easy for someone to be sustainable for trading.
It indeed need necessary skills and knowledge for you to make money and this wont really be able to learn for few days.Some do really jump into this option
but they would really know the difference since you would need to have some capital before you can start.The biggest challenge is on how to make profits.

It takes years for you to be sustainable that's why only a few can really withstand on markets volatility.

R


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October 18, 2020, 09:37:34 AM
 #49

~
It's already an occupation, I've seen a lot of people in Facebook even claiming that they're crypto trader though it is quite difficult to get into full-time trading if you're looking for stability in life.
I read a thread last night about investing large amounts in order to make a living out of trading and I think that's somehow true that getting into full-time in crypto takes quite a while that's why I consider this just a sideline of just a part time work
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October 18, 2020, 11:18:39 AM
 #50

Trading is an occupation but you cannot lean on it, because trading is always depend on how you handle and how you do it to gain pofit. It is also depend on your luck and experience because in trading you cannot always earn  you can also loss on it, so i think the best thing to do is to do trading and find another works for good.

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October 18, 2020, 11:25:50 AM
 #51

Its not limited to only crypto traders we have full time forex traders who solely depend from the profits earned from their trading to take care of their basic needs, a lot of people are scared of becoming a full trader but are afraid of risk involved, in fact a statistical analysis going round was that 95% of traders lose their portfolio all these statement are very scaring however against all odd we have some traders who had been on profitable run, I believed trading is like art and science which can be learnt to becoming a full time trader.  

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October 18, 2020, 01:12:10 PM
 #52

i don't think it could be a good occupation well you can earn yes but there's a risk in it you can lose a huge amount since the market is doing ups and down unlike real occupation you really just need to work and gain profit there's no risk such as losing money in trading it's more likely a gambling.

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October 18, 2020, 02:49:02 PM
 #53

I Know myself not me but 2 persons who are full time cryptocurrency traders.

More More and More People start Living by Trading.

Its a New Type of occupation now how
Hey do you know it is risky as well if you are new on this don't trade on so early you can loose your everything .Its really true who are experienced can take it a as earning way but i think its too tough if yo don't have any experience .Its good to know that your friend are living by trading try to learn from them and from here as well .we are here to help you with.

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October 19, 2020, 04:47:42 AM
 #54

Trading has always been around for a very long time now, especially the forex market but then, the amount needed before hand to participate in trading was unexpectedly huge and as such, many low income earners with a need to trade with their little funds were very much handicapped to the situation.. Cryptocurrency trading only came around following the advent of Bitcoin and Altcoins, allowing users who own Bitcoin or some other Altcoins that they enlist for trading to trade on certain platforms.
Trading seems to be the other of the day due to the advent of brokers who allow low income earners to trade on their platforms while they cut a very little amount as incentives for using their platform. This is why upon picking a position in a trade, it always starts you from a loosing end (that is, a minus) and later profits you or you continue loosing depending on your position in the market. The advent of brokers is what has made trading common and the best thing to have happened to the common traders to make money out of the market.

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October 19, 2020, 06:16:27 AM
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 #55

It has been an occupation for about 40 years in almost all modern worlds as a worker, it has been an occupation as a business owner for centuries. Back in the day people would be trading valuable stuff between nations, like let's say gold worths 30 cows in this nation and it worths 50 cows in the other nation, people would literally trade that knowledge whenever they could even like thousands of years ago.

However as a worker and a trader that works under other people it has been a thing for at least 40 years, probably longer as well, those companies started to become mainstream long time ago.

The only difference is, now we as regular people are taking advantage of being able to do it ourselves without worrying about other people, but that is not just crypto neither, stocks could be done in places like robin hood without need of anyone else, so it did became an occupation for people who didn't do it for others.
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October 19, 2020, 09:34:52 AM
 #56

Good thing that your friends find crypto trading as the best place to stay (for a while)but I'm not sure if they keep on trading when the market correction comes. The market is in a good position by now, Many people come into trading this time because it is profitable but mind them if they were able to survive the risk in trading as we know that it can't be all good always. Like being said as a new occupation, could be just in a short period of time unless if they feel comfortable doing this.
That is so true because people feel like crypto-trading is too easy but that is because the market is having a bull run and staying positive and people make false beliefs like they are now master of reading the charts and can predict which way it will swing. Once the correction or a bearish run begins these traders have sleepless nights because they are used to of the bull-run and now they cannot adjust their trades accordingly.

I know some actually make profits and maybe his friend is one of those experienced crypto traders but it is not easy being a crypto trader because there is no market signal when the bull or bear run starts and all you do is to react in the best possible way to the given swing of the market.
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October 19, 2020, 10:44:00 AM
 #57

If you have a good amount of money to invest it can become a good income, but it'll require a lot of time to learn how to read properly a chart and how to trade properly. Not a task for everyone.
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October 19, 2020, 10:53:30 AM
 #58

Its not limited to only crypto traders we have full time forex traders who solely depend from the profits earned from their trading to take care of their basic needs, a lot of people are scared of becoming a full trader but are afraid of risk involved, in fact a statistical analysis going round was that 95% of traders lose their portfolio all these statement are very scaring however against all odd we have some traders who had been on profitable run, I believed trading is like art and science which can be learnt to becoming a full time trader.  
I have known someone who is main job is to trade forex and at very young age she was able to buy real estates as well have expensive art collections all from forex trading, it takes time and effort to study it but once you mastered to trade may it be from crypto, stocks or forex it will be easy to earn be a full time trader. We may start at small amount but out dedication to learn and to earn can make us succeed in these profession.
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October 19, 2020, 01:05:43 PM
 #59

Ever since trading activity is being considered a full-time job. It's just that before brokers and banks were the only ones who were enjoying the benefit of trading. But now, trading platforms are very accessible since you may easily start trading as long as you have your phone in front of you. But then, people will only consider trading as living if they are good at it. If not, then do not quit your day job.

On my side, I don't want to gamble in trading if my money that supposedly an amount that for my family. And also, I don't think you will find a stable profit of trading.

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proTECH77
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Bisq Market Day - March 20th 2023


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October 19, 2020, 02:12:46 PM
 #60

Trading is what is keeping someone busy every night and day to make sure something good came out from it as an income.
What we bitcoin family are doing here is to make some things done so that we can get our reward from the job. Right now many people are monitoring the market to know when and where to trade and make a good profit.
But you have to observe the risk involved before investing your coins because there are some Job looking like good Job not knowing is not a good job, which it hard people to get reward from the job.

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<<<<<<<<<<<Bisq Market Day - March 20th 2023 >>>>>>>>>>>>>>

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