Is trading an occupation?

[TheGreatPython]

We could define crypto currency trading as follows:
Cryptocurrency trading involves speculating on price movements via a CFD trading account, or buying and selling the underlying coins via an exchange.

What could we deduce from this. Could there be a contrary view. Because for me crypto trading can be classified as an occupation in at this point of the world's evolution especially in underdeveloped and developing nation's where unemployment is hitting the peak of the day. Crypto trading could be an alternate source of lively hood which could payoff most of the bills some highly paid jobs can not attempt to clear off. This post isn't meant to discourage you from your job. It's only an eye opener. Crypto trading can still serve as a side hustle to settle bills before the arrival of our large salaries.

Well, for sure the trading of cryptocurrency can become an occupation for some people. You’re not the first that have seen people who decided to quit their jobs and be trading cryptocurrency. I know so many of those people and luckily they are all good and are making money from it and living life.

It is not an easy thing for anyone to, you have to know how good you really are in trading of cryptocurrency before you talk about quitting your office job to start trading cryptocurrency, cause I have also seen those who didn’t make success with it.

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[death69]

Recklessly trading is the main reason makes people believe that trading is the same as gambling. The statistic has already shown that 95% of traders losing their money. Only 5% remains profit. This number includes veteran traders, big companies, big funds, and banks.

As you can see, people seem to earn a lot in the uptrend of cryptocurrency. But don't let it delude your visionary. Are you excellent at trading, or it is just a fortune investment? Remember that trading requires a lot of skills, knowledge and the ability to suffer loss without being interrupted by own feelings. People now hold their coins and somehow, they do earn profit. They start thinking of quitting their job to begin a full time trader. That is ignorant. Being a trader is never easy, and they will soon learn a lot of lessons when the trend reverse.

In fact, successful traders in which I have interacted with are once who both have a stable job in the real life, and they only consider trading as their side job. In some cases, their side job does make more money than their actual job. Most of them say that spend 100% in trading is exhausted and unnecessary. A successful trader only takes a 1-3 hours per day to make a full analysis. In conclusion, I believe that trading is either an occupation or gambling. By learning and obtaining experience, trading is likely to become a job rather than gambling

Think about that carefully. Experience are all over the internet. You can easily find many regretful stories of men abandoning their main job for trading.

[blockman]

Depending on how you view it, one can trade full time or part time. However if you must take up trading as a full time occupation, you must be ready for anything that comes with it. You could loose all your money and be broke for a longtime anytime.

Those are the possible consequences if someone would shift from a no trader to a full time trader without having enough experience that will help them to survive trading.

I personally trade part-time because one stream of income in this age is not enough.

This is why others are choosing to be a part time trader because they can do whatever they want and trade as much as they can without comprising their other source of income.

[Cherylstar86]

It would only be an occupation once you're entire life sustainable source relied on this type of money making. However, most people these days only used this as their part time income generating business which usually their perspective.
If you're not really skillful on this kind of trading or investment to make as an occupation, I recommend making this as your secondary source of income. Because there's no assurance and everything that runs through trading cryptocurrencies is highly unpredictable.

[Innerpumper]

I think it's a job, however, it has tremendous freedom. Trading can be done anywhere at any time with just a mobile phone. It looks like you're distracting, even if you're trading, you can travel anywhere by making a profit. The world has made great progress.

[Questat]

I think it's a job, however, it has tremendous freedom. Trading can be done anywhere at any time with just a mobile phone. It looks like you're distracting, even if you're trading, you can travel anywhere by making a profit. The world has made great progress.

No matter what we think about trading, either be a job, an occupation or not but the most important is we are seeing this as an opportunity to make money. Trading is just an option for jobless people or even those who have a job already, a few have been doing so well but many were also in big troubles. This is happening because of its risk and that it involves money to start that makes other people never think about trying it.

[Alucard1]

I think trading is a kind of profession as we already have this kind of trading in the stock market and there is already a subject or program that talks about cryptocurrency specifically trading, everyone can do trading and everyone can choose this track as their source of income which is kinda risky. If you want to succeed in trading then you should spend most of your time observing the market and always grab the opportunity once it happens. This kind of job is such a good one in terms of your time and comfortability as you can do it at your home lying on your bed anytime and anywhere but requires really good knowledge first.

[michellee]

I know their story beforebecominge a pro trader because they tell their story that they spend many times, hours, and dayslearningn to trade. They say that it is hard to search for many sources but that is worth doing as now, they can make a living from trading.

Becoming up to the level of pro trader definitely requires lots of dedication. If we are ready to put efforts up to that kind of level, then we may get chances to living out of trading. But the point is, we cannot sustain into trading with capital until we learn all the required things. Yes, you may get enforced to quit trading in middle as you may get any resources to top up your capital.

I can not imagine what lesson the pro trader learned and how long they spent their time learning. Although I am still on my way to learn to trade, I feel that it is not easy to become a pro trader, especially if we do not have much time to learn. But that is the challenge for people who want to become a pro trader. They will not stop learning because they know that the market will always change and need more effort to improve their skills.

[rhomelmabini]

I think it's a job, however, it has tremendous freedom. Trading can be done anywhere at any time with just a mobile phone. It looks like you're distracting, even if you're trading, you can travel anywhere by making a profit. The world has made great progress.

A job, a profession, a career, an occupation, for me it's still ambiguous just like the human nature and I think it will only be interpreted if what kind of trader you are. Ift can be done anywhere but just a side note it's always good to always plan the trade so you can avoid getting burned. Trading isn't always some sunshine and making profit it takes more on the patience and waiting of your trade.

[LUCKMCFLY]

~snip~

The way I see trading is different from others, many want to get rich overnight, even when I started I thought that way, and I only had profit on my mind, I never thought that the market could go away on me against and make me lose, after many failures in a row I realized that it is best to take trading as a "Business", as they do to start a business, everyone works very early and closes very late, this generates very little profit, the ROI For almost all businesses it is 10% per year, these are the profits that Amazon always plans, and the ROI for any business in a positive scenario begins to be perceived after 3 years, so that you can take profits and reinvest in the business, the Trading can generate profits in the short or medium term if you make the right investment, it is also a matter of luck, but I see that investing in cryptocurrencies is more feasible.

[$crypto$]

I think it's a job, however, it has tremendous freedom. Trading can be done anywhere at any time with just a mobile phone. It looks like you're distracting, even if you're trading, you can travel anywhere by making a profit. The world has made great progress.

A job, a profession, a career, an occupation, for me it's still ambiguous just like the human nature and I think it will only be interpreted if what kind of trader you are. Ift can be done anywhere but just a side note it's always good to always plan the trade so you can avoid getting burned. Trading isn't always some sunshine and making profit it takes more on the patience and waiting of your trade.

Now it's easy with cellphones, we can trade anywhere, maybe it can be said to be very practical whenever we travel, but yes for me with a cellphone, it's not enough, still, we need a stronger analysis that can be learned and how the results are. determined in the trade, with patience maybe it can be said that the main capital is just being patient and waiting for the token to rise is more enough, but in other additions, trading also needs other strategies to perfect it.

[rhomelmabini]

Now it's easy with cellphones, we can trade anywhere, maybe it can be said to be very practical whenever we travel, but yes for me with a cellphone, it's not enough, still, we need a stronger analysis that can be learned and how the results are. determined in the trade, with patience maybe it can be said that the main capital is just being patient and waiting for the token to rise is more enough, but in other additions, trading also needs other strategies to perfect it.

As far as I'm concerned I think we shouldn't aim for perfection since even the best trader in the planet could go wrong. What it means to have the glimpse of perfection is always assume you're wrong on your trade, I mean, others are too focus on making a profit but what if if you're wrong that's the difficult one and sometimes others can't bear the pressure especially this noobs. Hi

[pragna]

Yes, i think those who are good at trading can be professional always. But professionalism can not be made in a day where too many obstacles everywhere. But good things is that in covid season many men come to professional trading for income as safe and gradually by lose and profit they will come real trader one day.

[teosanru]

Definitely yes. I am actually saying this to a lot of people these days. Trading is a big occupation which can almost be said as a full-time occupation. People generally consider it an easy job of buying and selling but what they forget is the whole lot of screening and research which a person has to do before they enter into the market. Also the amount of study and analysis you have to do to reach up to a stage where you can take anything from the market. Generally, it would take you 2-3 years to build experience in trading and this experience will help you earn throughout your life. It's just like any other Vocation. But yes Swing Trading can be said more like a part-time job as you don't need to research that much each day. Many days you can just check up on your existing positions.

[jrrsparkles]

Yes it is, you work and you earn that is the concept of an occupation right?

But its not like a salaried jo where you need to work 9 to 5 and you will get guaranteed income every week/month but in trading you make or you lose and it only depends on your skills and market condition.

[Lanatsa]

Yes it is, you work and you earn that is the concept of an occupation right?

But its not like a salaried jo where you need to work 9 to 5 and you will get guaranteed income every week/month but in trading you make or you lose and it only depends on your skills and market condition.

That's the difference between the two on where the assurance of money that you can possibly earn on a day on where a real job does give out that kind of opportunity for you to get fixed rates assured

not like in trading where its still depending on your skills and knowledge but somehow once you do get it done right then expect that it would really be much more better in terms of value
that  you had earned compared in your days salary on your job.

Trading can be considered as an occupation when you do go full time and not as a side job.

[Hypnosis00]

Yes it is, you work and you earn that is the concept of an occupation right?

But its not like a salaried jo where you need to work 9 to 5 and you will get guaranteed income every week/month but in trading you make or you lose and it only depends on your skills and market condition.

That's the difference between the two on where the assurance of money that you can possibly earn on a day on where a real job does give out that kind of opportunity for you to get fixed rates assured

not like in trading where its still depending on your skills and knowledge but somehow once you do get it done right then expect that it would really be much more better in terms of value
that  you had earned compared in your days salary on your job.

Trading can be considered as an occupation when you do go full time and not as a side job.

I'd find trading isn't a job that everyone is welcome, this is only for those who are willing to take high risk and lose their money. The result of our trades depends on us, literally but if we are good at doing this, we can earn much. Unlike when we work hard for our office job, we only got appreciation, nothing it changes to our salary (unless if they will give you a bonus but merely it happens). But if we wanted assurance, then we have not to choose trading.

[jrrsparkles]

Yes it is, you work and you earn that is the concept of an occupation right?

But its not like a salaried jo where you need to work 9 to 5 and you will get guaranteed income every week/month but in trading you make or you lose and it only depends on your skills and market condition.

That's the difference between the two on where the assurance of money that you can possibly earn on a day on where a real job does give out that kind of opportunity for you to get fixed rates assured

not like in trading where its still depending on your skills and knowledge but somehow once you do get it done right then expect that it would really be much more better in terms of value
that  you had earned compared in your days salary on your job.

Trading can be considered as an occupation when you do go full time and not as a side job.

I'd find trading isn't a job that everyone is welcome, this is only for those who are willing to take high risk and lose their money. The result of our trades depends on us, literally but if we are good at doing this, we can earn much. Unlike when we work hard for our office job, we only got appreciation, nothing it changes to our salary (unless if they will give you a bonus but merely it happens). But if we wanted assurance, then we have not to choose trading.

Salary is one of the main reason why people are staying poor, so the risk is actually worth but the risk should not be taken blindly. A trader need appropriate amount as capital to start trading for that they need to work somewhere if they are not coming from a rich family and need to keep working while doing trades, once become a successful trader then he can quit job and do the trading as full job.

[iv4n]

Some previous comments point out that trading is an occupation... I can agree with that, as I can disagree! Crypto trading is a 24/7 open market, with so many options and features! So it can be an occupation, as it can be a hobby! You decide how much time and money you will sacrifice on trading... and in the end, you can make some profit, or not!

Crypto is about freedom, so use that freedom and simply adjust your trading strategies with your free time! Of course, you can trade 24/7, but for what? Where is your life in that case?

I think that strategy is important... you need to find the best strategy for your free time and for your capital! If you wish to survive and make money in the long run! Everything fast is very risky, but long-run strategies can work if you combine all the factors in the right way!

[blockman]

Salary is one of the main reason why people are staying poor, so the risk is actually worth but the risk should not be taken blindly. A trader need appropriate amount as capital to start trading for that they need to work somewhere if they are not coming from a rich family and need to keep working while doing trades, once become a successful trader then he can quit job and do the trading as full job.

It is worth it for those who are willing to take risk but it's hard to do it if you're not in good position like financially. I've seen traders that went from rags to riches and they've taken their way slowly but surely.
The progress isn't that great at the beginning but they've trusted the process and now they're earning more than an average person does monthly. And that's the advantage when someone makes trading an occupation and has a strong heart to take risks.