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Author Topic: Is trading an occupation?  (Read 1047 times)
posi
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April 21, 2021, 01:14:50 PM
 #161

However, both traders and investors take advantage of the market up and down price trend but it all depend on individuals knowledge about crypto currency market.
With that been said, the topic was, can we call crypto trading an occupation.

Its not talking advantage beacuse not all of us traders really make money in trading, remember that we traders are betting against each other's prediction on the price movement, hence if one profited, the other will loss, that's how simple it is, therefore it cannot be an opportunity for all of us.
Which way you look at it, it still an opportunity cause opportunity can also be a chance. I Google opportunity it says "a time or set of circumstances that makes it possible to do something."
Although the result may not be positive base on your example it still an opportunity.

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April 21, 2021, 02:55:39 PM
 #162

I think trading is a profession and it appeared a long time ago, before the cryptocurrency market there were a lot of people trading on the Gold and stock markets.
However, this is a profession that requires a lot of things, you need to have experience, knowledge, skills and always learn.
It could be a good profession if you have much knowledge behind that as you said. It os always a tough place where you can earn but have too much risk if you don't know everything well. However a large number of trader are taking it as a profession but their much experienced and skilled . Howvere before taking it as a profession you have to be experienced and skilled.

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April 21, 2021, 03:43:38 PM
 #163

To choose a business as a profession one must have knowledge and skills about business that do not choose a profession can analyze every site of many skilled businesses the skills and experience required for a business career may vary based on the specific job you seek. Gaining special knowledge and skills for business requires application by individuals in their respective professions through traditional learning and practical experience traders go ahead with the risk they are very successful.
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April 21, 2021, 04:02:27 PM
 #164

I guess trading is an occupation. Traders acquired so much degree to know more about trading and some consequences that attached to trading in the market. many investors has engaged their self in bitcoin investment to make sure they earn profit from their trade. Investors has acquired so many strategies and experience from trading, which has took them so many years to become a professional trader in the field.

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April 21, 2021, 07:49:28 PM
 #165

However, both traders and investors take advantage of the market up and down price trend but it all depend on individuals knowledge about crypto currency market.
With that been said, the topic was, can we call crypto trading an occupation.

Its not talking advantage beacuse not all of us traders really make money in trading, remember that we traders are betting against each other's prediction on the price movement, hence if one profited, the other will loss, that's how simple it is, therefore it cannot be an opportunity for all of us.
Which way you look at it, it still an opportunity cause opportunity can also be a chance. I Google opportunity it says "a time or set of circumstances that makes it possible to do something."
Although the result may not be positive base on your example it still an opportunity.
This is true, plus as I have always said, trading is a not a zero sum game, someone can buy at 10, sell at 20, while other will buy from him at 20 but sell at 30 and it goes on like that, which means you can go up like this 10 times and down crashing once making 10 people win money while only one lose money. This means it is not a zero sum thing, trading still makes a profit, all depending on what you are looking at. The opportunity to make money is there, it all depends on the market working together and it all depends on how people react to it.

I have been trading rarely, I usually do a long term purchase, only a small portion of my portfolio is for trading, but I can tell you that I have seen people who trade and make a lot of money, but we are in a bull run, so many people traded and made some money, I do not think that one has to lose for the other to win.
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April 21, 2021, 08:35:46 PM
 #166

I guess trading is an occupation. Traders acquired so much degree to know more about trading and some consequences that attached to trading in the market. many investors has engaged their self in bitcoin investment to make sure they earn profit from their trade. Investors has acquired so many strategies and experience from trading, which has took them so many years to become a professional trader in the field.
Yeah I know the moment I was a day trader, I noticed that my wallet wasn't empty for some times and that I made gains everyday while every part of my bills weren't having problem, I came saw trading could be an alternative way of bringing in income into the family but so many people think you are been lazy.



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April 21, 2021, 08:55:31 PM
 #167

Trading can turn to occupation when you are active towards it, because nothing is occupation, occupation can really  exist base on regularity or constant practice, regularity, seriousness, much inquisitive, consciousness, activeness, so from these scenario if any part of work that contain this six (6) factors that involves occupation, meaning that whoever that engage or adventure into trading basically it's he or her occupation, using manual and online business as simple illustrations, selling goods and services is am occupation, lecturing people and earn a small money is occupation.

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