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Author Topic: Occupational hazards of trading crypto  (Read 602 times)
cryptoaddictchie
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March 25, 2022, 02:19:04 AM
 #41

What can you add to the list of dangers associated with making crypto trading a full time occupation?
-Mental problems if lose a lot of money on the process.
-Suicide attempt while loses on trading.
-Eyes problems when too much expose on gadgets and laptops.
-Lack of nutrition due to staying on seating 24/7. Forgot to do physical activities. Could lead to some sickness related to body.
-Change of body clock and lack of sleep.

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March 25, 2022, 09:17:10 AM
 #42

Many occupations are plagued with occupational hazards, that is long term effects of staying in a profession for a long time.

say for instance, For retired mechanical engineers who spent most of their active years working in places with heavy machinery with much noise, you'd notice how they always speak at the top of their voice and may have hearing defects.

For retired medical practitioners, due to long exposure to hospital environment that always has a particular smell, you observe that they may loose their sense of smell.

For Nuclear Engineers, they are at a higher risk of suffering the long term effects of radiation after retirement.

Aim of this Discuss
Trading of crypto full time as an occupation is fast becoming a trend, this discuss is to elucidate the long term effects associated with crypto trading so that forum members who are considering it as a career option can know what they should be expecting and how to avoid it.

The very first long-term occupational hazard i can think of is the development of High blood pressure...

What can you add to the list of dangers associated with making crypto trading a full time occupation?

for me i don't think there's a danger associated in trading especially in long term such those what you mentioned above , because indeed you will be pressure in trading only unless if you are newbie because you need to study hard and to practice skills in order to become a good trader, but when you becomes all good for sure even 1 hour in trading every day is enough.

And if we were talking about health, well it depends on us if we will respect our selves.. If you are very hasty and greedy for sure you will be pressured and will have a health problems afterwards.
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March 25, 2022, 12:29:44 PM
 #43

The very first long-term occupational hazard i can think of is the development of High blood pressure...

What can you add to the list of dangers associated with making crypto trading a full time occupation?

I am not sure if this could be for long term but maybe anxiety? Anxiety about losing your position, Anxiety that the price would crash and probably would lead to insomnia since you wanted to watch your trade even though you have a stop loss. All of these was my experience in trading which I hope would not affect me in the future.


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March 25, 2022, 02:08:11 PM
 #44

Majority would really be having that mindset that whatever health issues that it could potentially imposed as long they could earn big money or profits then it wouldnt really be that an issue but actually

people should really be mindful when it comes to this kind of behavior because whats money if you health is at risk or in problem which isnt worth and be mindful or its better for everything to be balanced not not compromising your health.

Health is much more important because if you dont put importance to it then those profits you had made will really be just used for possible hospitalization or with some medication.
Honestly, I'm feeling bad with my health because of sitting too long in front of computers doing a lot of stuff and even not related to trading.

I trade not at all times but still leave some trades day by day but not actively monitoring all of them. Just like setting sell order and that's it.

I've come to realize that I need to take care of myself and need to have a self reflection whether I do trading or not, the time has now come that I need to give importance to my health.

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March 25, 2022, 02:56:13 PM
 #45

...the bricklayer (mason) who begins to stoop and bend with age. Theirs is heavy duty that takes away their strength. I always have pity on young lads who indulge that line of occupation, knowing what they're likely going to pass through when they're old.

The very first long-term occupational hazard i can think of is the development of High blood pressure...
I get your point OP. However, once this becomes a reoccurrence, know that you aren't getting it right. No one should be scared and restless doing a job/business that fetches them money except it's something illegal.

4. Sleeping disorders.
You will experience this when you over leverage or stake more than what you can afford to lose. Another way is if you put all your bills on your trade and wait upon it like your life depends on the profit from it. You pile pressure on your trade, it returns the pressure to you 🤔. If people learn to trade with ease (like it's fun), it eases off the pressure.

For me, the hazard is in the lack of regulation that increases the risk outside of trading itself. One invests into a project and the projects goes rogue and one's cash disappears into thin air.

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March 26, 2022, 06:20:38 PM
 #46

4. Sleeping disorders.
You will experience this when you over leverage or stake more than what you can afford to lose. Another way is if you put all your bills on your trade and wait upon it like your life depends on the profit from it. You pile pressure on your trade, it returns the pressure to you 🤔. If people learn to trade with ease (like it's fun), it eases off the pressure.

For me, the hazard is in the lack of regulation that increases the risk outside of trading itself. One invests into a project and the projects goes rogue and one's cash disappears into thin air.
Unfortunately high blood pressure while doing a job is something that happens after a certain age no matter if you like your job or not. I used to do the same job and had no problems, these days I am a bit older and doing the same job that I love so much, and yet it is a bit mentally tiring and it gives me some health issues time to time, not knowingly, it is just about pushing your limits when you are older. I am just 30+ years old, not really that old, not even 40 yet, but it has started to happen.

If I work more than 12 hours a day, and that is most days, that becomes a big trouble for me and I get tired and dizzy for the rest of the day and take an early sleep that day, will probably do that today too Cheesy.
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March 30, 2022, 07:15:31 PM
 #47

For a full time trader who stare at the charts 24/7 will soon have spinal problems, visual defects and probably obesity. But people don't really care as long as they are getting richer because when you have money you won't be worrying about your future so you can think and act how to overcome everything once you made money.
You bet and said it right.

This is the current situation of many today. Sitting long hours without standing up and do some stretching and experience those problems that you've mentioned.

They don't matter as long as everyone is making huge money not just from trading and anything related to crypto that will require them long hours of sitting and focusing to what they do.
You are right however there is just one big problem, the number of traders that actually become successful in any market is on the low side, which means that there will be a huge deal of people that will get those issues but they will not have the money to treat their conditions in the future.

So it is important to tackle those issues before they become chronic problems for ourselves and exercise regularly, it may not seem to do much over the short term but over the long term you will find that you will have way better health than your peers that did not took the time to do some exercise when they were young.

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March 30, 2022, 07:27:37 PM
 #48

4. Sleeping disorders.
You will experience this when you over leverage or stake more than what you can afford to lose. Another way is if you put all your bills on your trade and wait upon it like your life depends on the profit from it. You pile pressure on your trade, it returns the pressure to you 🤔. If people learn to trade with ease (like it's fun), it eases off the pressure.

For me, the hazard is in the lack of regulation that increases the risk outside of trading itself. One invests into a project and the projects goes rogue and one's cash disappears into thin air.
Unfortunately high blood pressure while doing a job is something that happens after a certain age no matter if you like your job or not. I used to do the same job and had no problems, these days I am a bit older and doing the same job that I love so much, and yet it is a bit mentally tiring and it gives me some health issues time to time, not knowingly, it is just about pushing your limits when you are older. I am just 30+ years old, not really that old, not even 40 yet, but it has started to happen.

If I work more than 12 hours a day, and that is most days, that becomes a big trouble for me and I get tired and dizzy for the rest of the day and take an early sleep that day, will probably do that today too Cheesy.
Body would really be having significant changes as we do go older which is indeed inevitable but we could avoid it actually if we do really make out some proper exercise and diet but of course with the nature of our

work would really be affecting our lifestyle which would really make us miss out those times on maintaining our body even if we arent just too old.Take a balance on everything from exercising to proper nutrition.

Dont put up too much focus on making money or on your work because all of those things would be useless if you are sick and been hospitalized.
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March 30, 2022, 08:05:30 PM
 #49


 I am not even that old, just 32 years old and even I end up with dizziness and high blood pressure time to time. Its not a constant thing but it does happen to me when I spend too much time in front of my PC. Some days it takes me  longer than usual to work, sometimes its too much work and sometimes I just feel like working a bit easier. During days when I push my limits, I really have bad days afterwards mentally and bodily. I am just 32 years old right now but been working in front of my pc for the past 6 years. I can't imagine what will happen 10 or even 20 years later. I will probably have very bad health, I need to fix that asap. Diet, cutting out sugar, and walking 30 minutes per day would be a great start.

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April 01, 2022, 12:09:22 PM
 #50

Many occupations are plagued with occupational hazards, that is long term effects of staying in a profession for a long time.

say for instance, For retired mechanical engineers who spent most of their active years working in places with heavy machinery with much noise, you'd notice how they always speak at the top of their voice and may have hearing defects.

For retired medical practitioners, due to long exposure to hospital environment that always has a particular smell, you observe that they may loose their sense of smell.

For Nuclear Engineers, they are at a higher risk of suffering the long term effects of radiation after retirement.

Aim of this Discuss
Trading of crypto full time as an occupation is fast becoming a trend, this discuss is to elucidate the long term effects associated with crypto trading so that forum members who are considering it as a career option can know what they should be expecting and how to avoid it.

The very first long-term occupational hazard i can think of is the development of High blood pressure...

What can you add to the list of dangers associated with making crypto trading a full time occupation?


I think I would agree about developing high blood pressure but it also depends on your lifestyle, on what you eat and how often you do exercise. The thing I could say that someone would develop in the long term is the emotional damage they could get if they are not going to be a successful trader. The positive thing that they could develop would be proper risk management, money management, and emotional control.
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April 01, 2022, 01:45:21 PM
 #51

I am not even that old, just 32 years old and even I end up with dizziness and high blood pressure time to time. Its not a constant thing but it does happen to me when I spend too much time in front of my PC. Some days it takes me  longer than usual to work, sometimes its too much work and sometimes I just feel like working a bit easier. During days when I push my limits, I really have bad days afterwards mentally and bodily. I am just 32 years old right now but been working in front of my pc for the past 6 years. I can't imagine what will happen 10 or even 20 years later. I will probably have very bad health, I need to fix that asap. Diet, cutting out sugar, and walking 30 minutes per day would be a great start.
It is clear that if you eat healthy and exercise everyday, it should have much better results in the long run. Of course you can't be suddenly healthy after just a month or two, you need to do this as a habit. If you have a habit of walking 30 minutes a day, you could have a very healthy life in the long run.

My father is a great example for this, God gives him even more health, we never know what could happen, we could lose our lives tomorrow, but he is 62 years old and probably healthier than me Cheesy. He walks 30 minutes a day every single day for the past 40 years, he used to play football when he was younger, and now he is still having no health problems at all at his age.
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April 01, 2022, 02:03:56 PM
 #52

Many occupations are plagued with occupational hazards, that is long term effects of staying in a profession for a long time.

say for instance, For retired mechanical engineers who spent most of their active years working in places with heavy machinery with much noise, you'd notice how they always speak at the top of their voice and may have hearing defects.

For retired medical practitioners, due to long exposure to hospital environment that always has a particular smell, you observe that they may loose their sense of smell.

For Nuclear Engineers, they are at a higher risk of suffering the long term effects of radiation after retirement.

Aim of this Discuss
Trading of crypto full time as an occupation is fast becoming a trend, this discuss is to elucidate the long term effects associated with crypto trading so that forum members who are considering it as a career option can know what they should be expecting and how to avoid it.

The very first long-term occupational hazard i can think of is the development of High blood pressure...

What can you add to the list of dangers associated with making crypto trading a full time occupation?


I think I would agree about developing high blood pressure but it also depends on your lifestyle, on what you eat and how often you do exercise. The thing I could say that someone would develop in the long term is the emotional damage they could get if they are not going to be a successful trader. The positive thing that they could develop would be proper risk management, money management, and emotional control.

All depends on how people deal with this since if they just go there believing that they became rich for trading altcoin but didn't get what result they expect for sure we will see them suffer from depression especially when some of them lose a lot of money or their life savings. But if they are risk taker which have a lot of money for sure we cannot see them feel like this but instead they will learn from their experiences.

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April 01, 2022, 04:26:23 PM
 #53

You really want to leave such exchanging as quickly as time permits, when you as of now have adequate reserve funds. The gamble is losing cash because of the execution of some unacceptable methodology. Doesn't ensure day to day benefits, some of the time need to manage long negative business sectors, and deferred income.


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Smartvirus
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April 01, 2022, 05:18:20 PM
 #54

Eventually, money has become so desirable that people tend not to mind or even have time to think on the effects that might arise in there being at a thing or trade for far too long. Only when the effects begins to manifest does it all makes sense and at most times, its when they are old and all wrinkled, when they care so little about there lives anr its left for there kids, loved once or the fortune they might have acquired to see them through. With trading offering a lot of opportunities for the minions with a work from home mindset, people just dive in and hope to come out evrrytime whole but that's not likely to be the case when your always on your screen, handling different kinds of emotions.

1. Deteriorating eye sight.
As a trader, especially the scalpers, your bond yo often  return to your screen at regular intervals. You can imagine, your on screen whole at work and even off your work, you've got a screen in your TV or mobile phone before you who means, you've joy constant lights in your eyes and you've hot to be sure, that's got some real effects in the long run.

2. High blood pressure
In fact, this is one popular one for most traders and they sure deal with these a lot. Emotions are known to either bring joy or pain and most times fir traders, especially those that tends to do very badly, its often pain. Take a lot of that and your nerves and mind would be messed up.

3. Over consciousness
I really ront know how to classify this but as a trader, yiu seem to be over conscious on what you could be missing at every point you aren't trading. Even when your trading and tends to go off your screen,  your mind still races over to your trades. That too could build up pressure on you.

Going long term might be the way out, just buy and hodl, bitcoin to be precise but that too needs you to be a patient someone and with spare money at that to keep your mind at ease and away from some of the negativism that might come with the profession.

R


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palle11
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April 01, 2022, 05:48:30 PM
 #55



1. Deteriorating eye sight.
As a trader, especially the scalpers, your bond yo often  return to your screen at regular intervals. You can imagine, your on screen whole at work and even off your work, you've got a screen in your TV or mobile phone before you who means, you've joy constant lights in your eyes and you've hot to be sure, that's got some real effects in the long run.


This is surely one of the major trading hazards that a trader can have in the long time because there is excess exposure of light to the eyes which is really not good for time to come. It is wise to protect the eyes


3. Over consciousness
I really ront know how to classify this but as a trader, yiu seem to be over conscious on what you could be missing at every point you aren't trading.


A trader isn't suppose to worry so much on what he is missing because that will bring pressure to the heart and it can cause it to fail. Doing trading as the only source of income is the reason , it is good to have other source of income while doing trading.
wozzek23
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April 01, 2022, 06:59:11 PM
 #56

Back problems anyone? Cheesy. I have been sitting in front of a PC for many hours a day for many years and it started to impact my weight a lot and my back a lot. That's a personal thing of course, there are many people who work in offices with many hours and little breaks and they do not have back problems because they work out and take care of themselves.

I psychologically felt that I was letting go a lot and started a work out in a gym a few months ago (around 3 or so I guess) and went there for like a month but then I gave up.

It is just too much time and effort to stop working, go to gym by walking, work out there, walk back, take a shower and get back to work. That took nearly 2 hours of my life and I really do not have 2 hours to spare for the time being. However, I will try to do a lot better at my work so that I would be able to go back to working out, I really need to.
Franctoshi
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April 01, 2022, 07:41:51 PM
 #57

Hazards someone could face as result of long time crypto trading as career is
phone addiction.
Not having time for yourself and family.
Getting your account hacked.
Forgetting, misplacing and loosing your key phrase.

R


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stomachgrowls
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April 01, 2022, 07:58:08 PM
 #58

Hazards someone could face as result of long time crypto trading as career is
phone addiction.
Not having time for yourself and family.
Getting your account hacked.
Forgetting, misplacing and loosing your key phrase.
All of these things would really be experienced if you are really not good on handling out yourself or having that good control or making balance on everything which i could say that it is really hard
specially if you are really making full time trade then these things would most likely to happen.

I havent experienced on going full time but only on partial manner which it do really get some good chunk of time when you do make trades but still im trying out to balance everything
from other things or priorities in life specially having the time for yourself and with  your family which i do say its the most important thing of all.

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April 01, 2022, 10:18:21 PM
 #59

The real danger there is when a trader uses full funds and lost it, they cant get crazy and can lead to end their lives but trading itself is less dangerous compared to outside jobs that you use on your example because you can do trading inside your house. You cant get exposed to the deadly virus and chemicals. No debris can fall at you, etc... and what makes you think trading can cause a high blood pressure? It is because of the price?

But, we can practice to stay calm and accept whatever happens with the price because that's how it works. It's a normal thing, this is the only major obstacle that we can face on this job. The real cause of high-blood presure can be the food that you eat but if you will eat healthy or control what you eat, you will be safe.

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April 01, 2022, 11:25:01 PM
 #60

The real danger there is when a trader uses full funds and lost it, they cant get crazy and can lead to end their lives but trading itself is less dangerous compared to outside jobs that you use on your example because you can do trading inside your house. You cant get exposed to the deadly virus and chemicals. No debris can fall at you, etc... and what makes you think trading can cause a high blood pressure? It is because of the price?

But, we can practice to stay calm and accept whatever happens with the price because that's how it works. It's a normal thing, this is the only major obstacle that we can face on this job. The real cause of high-blood presure can be the food that you eat but if you will eat healthy or control what you eat, you will be safe.
Everything should be in balance or in moderation because everything which is excess does really have that corresponding risk or effect thats why you should really be mindful about that.
Speaking with trading where you could really mess up your life if you do invest on the amount which you cant afford to lose thats why its important that you should know about risk management.
Health is one of the things to be affected thats why take up some exercise and make yourself fit.Most of the time you would be sitting.

R


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