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Author Topic: Trading is new occupation  (Read 690 times)
doomloop
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October 19, 2020, 04:41:59 PM
 #61

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
Trading was always one of the most dominant ways of earning whether it is stock markets or currency trading but yeah crypto currency trading is something that has shaken the market and changed the perspective of the regular trader because we are now used to of trading at high volatility and adapted to react for the quick price changes.

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.
Yeah, trading also require us to invest time, energy and money so it is kind of a job but you are your own boss which is the best thing and your profits are determined by your experience as you get more knowledgeable with time and after having some initial loses.

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October 19, 2020, 09:49:58 PM
 #62

Trading is not a new occupation because it is not a stable income because there have a time that you will not earn money.
But the opportunity for you to earn money is very big compared to the others occupation who is fix your salary.
Im doing part time this because Im student but my income there is good and hope it will continue for me to earn.
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October 19, 2020, 10:19:14 PM
 #63

Trading is not a new occupation because it is not a stable income because there have a time that you will not earn money.
But the opportunity for you to earn money is very big compared to the others occupation who is fix your salary.
Im doing part time this because Im student but my income there is good and hope it will continue for me to earn.
It can either be treated neither a side income or a main one it depends on how well you are into this field on making yourself able to sustain into this fierce market.Trading isnt for everyone who cant just
say that they would trade and make it as a full time one and making tons of profits which is more than on the money that can an ordinary worker would able to earn.Its not how reality works
when we do talk about trading.Trading can indeed be considered as an occupation but to know that not all do gain success into this one.Majority do turn their back because they had
just been wrecked by the market.You would face up lots of losses and challenges to make yourself proficient on this one.

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October 19, 2020, 10:19:41 PM
 #64

Trading is not a new occupation because it is not a stable income because there have a time that you will not earn money.
But the opportunity for you to earn money is very big compared to the others occupation who is fix your salary.
Im doing part time this because Im student but my income there is good and hope it will continue for me to earn.

people can really think they can do it even with just few capital and take it like its a job. you can see them on linked where their occupations says "Crypto Day Trader" and their portfolio shows 0.01BTC in total.  Grin

can't blame them because it seem too cool to be a Bitcoin earner that they announce it on their facebook profile. when they share their referral link on their post, their followers already call the "Master Sir".









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October 19, 2020, 10:23:17 PM
 #65

It is not literally a new occupation to be stated for the fact that trading have already been existed long years ago not just talking about stock market and crypto market. On history, trading have already existed and it is already a common way of exchanging goods and commodities to be able to earn a handy of money. For me, I cannot categorize trading as an occupation although it is somehow a way on how people can earn duly for a living, but still because the earning is not that stable, I cannot say that it is an occupation nor profession specially at the market we are all currently into that the prices are not that stable due to volatility characteristic it do possesses.


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.
Yeah, trading also require us to invest time, energy and money so it is kind of a job but you are your own boss which is the best thing and your profits are determined by your experience as you get more knowledgeable with time and after having some initial loses.

But still trading is not a stable source of income for it is timely but do also need to exert or invest your time, energy and of course money since it is the one that a trader do wanted to make profitable with.

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October 19, 2020, 11:09:22 PM
 #66

Trading is one of the oldest occupations in the world, electronic exchanges just make it more efficient and widespread.

As an example going deep into jungles of Africa, buying gold directly from the pits amidst outlaws, wildlife and various other threats like unstable governments, and if you can successfully secure that and manage to bring it to an assay office in the city and take the cash out of the country, would be another form of trading.

If you do it that way you would get, with good negotiation skills, roughly about 20% - 25% discount on Gold spot price for all the risk and labor you assume; if you choose the comforts of your home and do it electronically you buy it at the spot price and pay the premium, the principles are the same.

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October 19, 2020, 11:20:37 PM
 #67

In fact, since Bitcoin hit the price of $ 19,000 in 2017, many people have decided to become full time crypto traders.
But due to the current pandemic situation which has caused many people to lose their jobs, making many people finally
decide to make money from crypto trading. So in my opinion crypto trading is not a new occupation, because it has been
a long time since crypto trading was used as occupation by some people.

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October 19, 2020, 11:30:35 PM
 #68

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


Trading is not a new occupation,if you deep analysis.It was inial face of bitcoin flow in the market.And after some year,we are getting bitcoin as a campaign payments.If we can analysis the market well and get more profit from it.The day trading make you get more money for sure.It need a current and update analysis.



 

 

 

 

 

 


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October 19, 2020, 11:58:21 PM
 #69

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
if you have enough time and a good calculation mind with enough knowledge then I should suggest you go for trading. It is not so hard else not so easy. You need to make it easy with your technique.

Trading is not a new one rather than it is continuing with a new form and cryptocurrency fulfilled it with a fully new form via the internet and electronic devices. If you have enough funds and a good strategy then you can take trading full time and I believe you won't go for a physical job after making some successful trade. So if you take it full-time then it should be considered as a new occupation for you.

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October 20, 2020, 02:43:48 AM
 #70

For me, trading is not a good kind of occupation because the market of the coin is volatile and this is a risky thing there is a chance you will lose up your funds unlike having a work you can have a passive income just because of your hard-working. Trading is too risky, yes there is a chance you will earn up money with this but there is a higher probability that you will instead you are gaining you're probably may lose your money.
It is better if you are using trading as another side job or sideline to prevent having issues with your funds, if you want to become the main source of income on your trading try to learn more about this, find your preferred trading indicators, technique, strategy and more skills.

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October 20, 2020, 03:11:18 AM
 #71

Many people see trading as a profession but it is not a complete profession the crypto market is not stable the market is fluctuating so there will be profit and loss it is usually chosen as a job crypto trading is more applicable to passive eye it is very profitable for professional traders. Therefore if you choose trading as a profession you have to learn trading rules strategies signals can be very profitable for traders there is no salary here because it is not a job able to earn through his own skills.
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October 20, 2020, 04:12:53 AM
 #72

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

Yes it can be new occupation now specially from pandemic situation. But trading in crypto market always risky because of market fluctuation. So if any body wants to take it as a occupation must have huge experience in this field. But this is good sign that more people going to engaged with it and market are exploring quickly. Hope in future more advantages coming for crypto engaged people.

thanks.
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October 21, 2020, 04:52:23 PM
 #73

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
The difficulty of trading is without a doubt a huge hurdle that most people cannot overcome but and even bigger one is simply the size of your capital, many people think of becoming traders without considering how much capital they actually need to make a living out of it and for the most part most traders simply do not have the money needed to make that their full time occupation, which is not wrong in itself but when they try to force their way into the activity and take higher risks just to try to get their dream that is when they lose all their capital.

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October 21, 2020, 09:51:30 PM
 #74

What did you said ? Trading is a new occupation maybe for the other people but for the most people I don't think so because it is not a full time because income is not fix and sometimes you losing money or you do not earn. Because the real job will gives you permanent income but it's slow depends also to your job but in trading possible your money become very big amount.

 
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October 21, 2020, 10:02:52 PM
 #75

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 really have to consider as your job so you wont take trading easily because there’s a big risk to lose money in trading. Ever since people who knows how to trade they’ve done this for a living simply because its really profitable especially if you already have the skills. Depending on trading requires the best skills, so learn trading first before you do a full time trader.

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October 21, 2020, 10:27:42 PM
 #76

I think its better to call trading as an opportunity to earn rather than an occupation.

Being a trader is not easy and there's no guarantee of gaining profit, it depends on a trader's plan and strategy, although some of traders are go full-time.

Plus the market is unstable that we cant take profit often. Its better to have another stable job to be financially stable.

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October 21, 2020, 10:39:51 PM
 #77

I don't agree if trading is said to be a new occupation, because I myself have been a full time trader since 3 years ago.
Maybe this year more and more people are making trading as occupation because of the impact of the corona virus.
Many people have lost their jobs and need income, so trading can be an option today. With more and more people starting
living by trading, it does not mean that trading is a new type of occupation today.

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October 21, 2020, 11:37:01 PM
 #78

Well, although some people may think that "trading is not an occupation", but for me, yes, "trading" is a skilled profession, many traders are not working in the real work and they focus on working as a trader. It is like when you are trading stocks or even as a seller in a market. But this is quite different where the "thing" is a cryptocurrency, with more skillful activities, high risks but also high profits. And many people decided to resign from their real-life to get into a daily trader in cryptocurrency. As long as it makes you profits and money, it is a profession or occupation, moreover, when you really get into it. not only temporarily done.

...while trading is a risk though a trader has bee trading for a very long time, still he's not sure of what will be the market looks like in the next hour, in short, he's earning through pure speculation.
Every occupation also involves risks. Say if you are a driver, you have risks of your life, if you are a seller, you also have risks to lose the funds, and if you are an employer, you have risks of making problems, getting mad at your boss, and many others. In brief, you will never avoid risks in your life, everything has risks, but how we can minimize getting risks is what we must do.
A daily trader, if he had decided to be a profession or occupation, he will never make it based on speculation, but based on the analysis.
There are actually many ways or strategies and also tools to help them arrange the strategies, analyze the market, and also manage the funds and also risks. See, it depends on what kind of trader you are.

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October 22, 2020, 03:46:06 PM
 #79

Trading is not a new occupation because it is not a stable income because there have a time that you will not earn money.
But the opportunity for you to earn money is very big compared to the others occupation who is fix your salary.
Im doing part time this because Im student but my income there is good and hope it will continue for me to earn.
You might be confusing investing with trading because actually trading yields continued and regular profits while investing into new projects bring huge risk and huge profits. Trading means you are buying a coin at a cheaper price and reading the market well like the coin should move in the up or down direction and then selling it.

I always buy bitcoins when there is a considerable drop in price because I know the price will raise back to the normal trend and this currency dip won't last longer but I am really bad at reading altcoins so it depends what you are good at and based on that you make your trading choices.
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October 22, 2020, 03:56:17 PM
 #80

Some mentioned Buffet trading strategy, but stock is different from cryptocurrency in few aspect although I consider the 4-5 year cycle and halving an advantage. For any trader who wants to solely rely on the space he must have access to enough fiat, some for trade and some for daily upkeep. Most longterm traders a large fiat holders and can solely trade cryptocurrency, They also take huge profit in the bull that keep them through the bear.

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