Can One Actually Do Crypto Trading As A Living?

[RockBell]

I would not advise that if is for a long time investment is not bad but once you are investing in crypto you should have another means of income for  sustainability , investing in crypto is very create way to make money but is an investment that has to do with patience and lots of factors so get a job or a business so that you don’t bother much about your investment in crypto so that’s my own opinion about the whole thing but relying own crypto alone don’t really fancy that Idea.

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[dunfida]

I would not advise that if is for a long time investment is not bad but once you are investing in crypto you should have another means of income for  sustainability , investing in crypto is very create way to make money but is an investment that has to do with patience and lots of factors so get a job or a business so that you don’t bother much about your investment in crypto so that’s my own opinion about the whole thing but relying own crypto alone don’t really fancy that Idea.

When we do talk about making it as a living then it would particularly means about active trading which it wont really be that always effective for people who do make out trades.
This is why majority of people would really be deciding on investing and holding for long term and wont decide to quit up their jobs because it is really something risky decision to be made.

You can make trading as a support of your living but it wont really be that recommendable for those who are just starting up.
But it would never been recommendable on doing so or doing it directly because sustaining profits on daily basis would be a tough challenge.

[Ludmilla_rose1995]

I've heard of many people talk about cryptocurrency and its potentials all the time and at a point I begin to wonder if one can just depend fully on cryptocurrency as a means of livelihood.

if you are really a good trader then it is not impossible for you to make a living from trading, out there I'm sure there are some traders who use the money from trading profits to survive but the percentage is very small. there is actually another way to make money from trading without you having to trade, namely making a trading paid seminar or trading pay group but this requires extraordinary speaking skills.

[Wawa2013]

I've heard of many people talk about cryptocurrency and its potentials all the time and at a point I begin to wonder if one can just depend fully on cryptocurrency as a means of livelihood.

I believe it’s very possible for a professional trader to make trading as a good source of living. Though it’s hard for most of us since we are not a pro in it, but if you have the skills and proven strategies in trading, then why not? However, since the crypto market sometimes becomes unstable, and becomes unprofitable to trade, the reason why even a professional trader should still have another good source of income so that when trading becomes unprofitable, his life won’t be miserable.

Although the number of traders who have succeeded in making trading as a main job is not much, at least like you said there are some professional
traders who prove they can rely on crypto trading for a living. In fact, I've read articles on traders who got rich from trading crypto. This can be
a motivation for us that learning crypto trading well can give us a positive impact. Despite the fact that trading crypto is not as easy as we think,
that's why more people fail when trading crypto. Because it is not easy to make a profit from trading crypto regularly, most people usually lose more
than the profit made when trading. That's why I only make crypto trading as a side job, because I haven't been able to make regular profits from
crypto trading and until now I'm still trying to improve my trading skills.

[romero121]

Living out of regular trading is possible. We can't rely on it completely, if we've got a regular passive income then one can take a chance to try a living out of trading. With trading we can't expect the profit and a regular earning. One day we might experience good profit, the next day it might end up losing. So, this should not affect our living.

Having a passive income out of some investment and the considering to practice trading for life seems to be fair than just depending on it completely.

[blockman]

if you are really a good trader then it is not impossible for you to make a living from trading, out there I'm sure there are some traders who use the money from trading profits to survive but the percentage is very small. there is actually another way to make money from trading without you having to trade, namely making a trading paid seminar or trading pay group but this requires extraordinary speaking skills.

Real life traders are doing their thing and they can survive the markets whether we'd be in bears or bulls, they know what to do and that's how they make a living.
It's the bread and butter of their lives and this is already a profession to them. Don't believe those trading coaches that are asking for fees or anything, look at them in actual trading as they only teaches the strategies that can be learned but they don't apply it in actual trading or they don't really trade but just teach.

[Funnydruids]

Shocked how noobs people are just about reading this posts

[Nrcewker]

Well... P2P trading is easy and like impossible to not make profit from..
And if you have a good payment option... you can make alot.. alot.

Does this even make sense?
No one is asking for a specific type of trading. I too agree that P2P Trades gives less profits, but yes it’s better to have less profits then no profit.
Now whether you can survive and live on it or not, completely depends on the way of survival.
I would suggest not to consider trading, as a full time or primary source of income, if possible attend a waiter’s job at McD, this is more stable and will provide funds for the living.

[Bhig Daddy]

No, I don't think you can actually depend on cryptocurrency as a way of life. The reason is the whole market is base on predictions, No matter how good a trader is he will always get some predictions wrong and this could affect you financially and emotional, a good working job is more better because payment is certain at the end of the month.

[Fredomago]

I've heard of many people talk about cryptocurrency and its potentials all the time and at a point I begin to wonder if one can just depend fully on cryptocurrency as a means of livelihood.

I believe it’s very possible for a professional trader to make trading as a good source of living. Though it’s hard for most of us since we are not a pro in it, but if you have the skills and proven strategies in trading, then why not? However, since the crypto market sometimes becomes unstable, and becomes unprofitable to trade, the reason why even a professional trader should still have another good source of income so that when trading becomes unprofitable, his life won’t be miserable.

Although the number of traders who have succeeded in making trading as a main job is not much, at least like you said there are some professional
traders who prove they can rely on crypto trading for a living. In fact, I've read articles on traders who got rich from trading crypto. This can be
a motivation for us that learning crypto trading well can give us a positive impact. Despite the fact that trading crypto is not as easy as we think,
that's why more people fail when trading crypto. Because it is not easy to make a profit from trading crypto regularly, most people usually lose more
than the profit made when trading. That's why I only make crypto trading as a side job, because I haven't been able to make regular profits from
crypto trading and until now I'm still trying to improve my trading skills.

Nice observation, you can tret those success stories as motivation for more positive vibes while you are inside this industry. More knowledge from those who succeeded can be used to enhance your chance of following their steps. It's not easy as it is, but from that kind of experienced you'll be motivated that if they can succeed, you too are also capable of getting the same outcome.

Just make sure that you will do deeper analysis and not just to rely on someone's opinion, but base your investment with your own knowledge.

Maybe in due time you'll also find yourself doing good trades and getting positive outcome, more on your focus and your capabilities to find more good paths to follow while doing your trades.

[Woodie]

In some sense you can by basically buying the dip and selling at a premium, but to meet daily needs I think you would need an extra job/activity to help pay for those bills, crypto trading alone won't be the answer as this has inconsistencies in it as well. Btw, if trading is your thing, I would advice trying prop firm trading which is slowly becoming popular all over the world which has some good  $$$ if you know how to read your charts.

[Oilacris]

I've heard of many people talk about cryptocurrency and its potentials all the time and at a point I begin to wonder if one can just depend fully on cryptocurrency as a means of livelihood.

Well, have in mind that some people accumulated a lot of coins in the early days and now they can trade with huge capital! I guess for those people it's more profitable to spend time analyzing the market and making trades than sitting in some office for a regular salary every month!

It's hard for small players, with small bankrolls we often choose higher-risk trades in order to make some meaningful profit, but because of that we often face losses... so without some nice capital it's impossible to fully depend on crypto trading as the only source of income!

Probably those who want to focus on crypto trading as a living now have also been used to make decent profits in trading regardless of the market condition. So as their bankroll increases, their confidence too has more developed that trading will definitely work in them even in the future. This is a very high-risk decision and only traders with high experience in trading will mostly end up successful while beginners will definitely not suitable for this.

You are the ones who would really able to find it out because if you do reach out on a state on which you do able to sustain yourself with your living via trading then its good but this is eventually a thing

that not all could able to attain or achieved thats why it would really be situational but pretty sure that this is something that cant really be achieved easily but its not impossible.

Be sure that you do make yourself able to sustain your living before you do quit up your dayjob or else you would really be putting yourself on big trouble.

[Digital_Lord]

In reality relying solely on cryptocurrency trading is problematic because it does not achieve results. I genuinely think that cryptocurrency can be desirable, though not always, and if you put your entire collection into a single coin and subsequently it declines, there is a substantial risk that you will fall in value. This is because it's possible that occasionally you hope for the best but do not obtain something higher. As people have skills as well as essential information required to prosper so they profit from cryptocurrency.

[CPNpr]

It is really possible to do trading for a living but it is very risky to do it in reality especially in crypto where everything is very volatile. Even experienced traders still prefer having a job that can provide them a stable income than focus solely on trading. If you plan to make it a living, you must have a huge capital separated just for that activity and make sure it can endure some losses so you can still recover it on your next trade execution.

I think it will be very foolish to trade for livelihood because if we are more serious about trading then we will face a lot of problems here so I think we should refrain from trading without taking anything seriously.  Stomach never gains but losses most of the time so I think we should refrain from it.

[Pandu Geddon]

It is really possible to do trading for a living but it is very risky to do it in reality especially in crypto where everything is very volatile. Even experienced traders still prefer having a job that can provide them a stable income than focus solely on trading. If you plan to make it a living, you must have a huge capital separated just for that activity and make sure it can endure some losses so you can still recover it on your next trade execution.

I think it will be very foolish to trade for livelihood because if we are more serious about trading then we will face a lot of problems here so I think we should refrain from trading without taking anything seriously.  Stomach never gains but losses most of the time so I think we should refrain from it.

nothing stupid, it's quite possible for a pro trader. Of course, you have to look at the capital and skills used.
maybe we just can't trade every day when the market doesn't provide support. Traders must be able to see profit opportunities. and keep some of it for assets. so traders will also have assets to trade as well as invest.
day trading may be riskier. especially for those who trade in futures. Of course, this won't be easy to do but I'm sure there are day traders who only earn from trading.

[stomachgrowls]

It is really possible to do trading for a living but it is very risky to do it in reality especially in crypto where everything is very volatile. Even experienced traders still prefer having a job that can provide them a stable income than focus solely on trading. If you plan to make it a living, you must have a huge capital separated just for that activity and make sure it can endure some losses so you can still recover it on your next trade execution.

I think it will be very foolish to trade for livelihood because if we are more serious about trading then we will face a lot of problems here so I think we should refrain from trading without taking anything seriously.  Stomach never gains but losses most of the time so I think we should refrain from it.

nothing stupid, it's quite possible for a pro trader. Of course, you have to look at the capital and skills used.
maybe we just can't trade every day when the market doesn't provide support. Traders must be able to see profit opportunities. and keep some of it for assets. so traders will also have assets to trade as well as invest.
day trading may be riskier. especially for those who trade in futures. Of course, this won't be easy to do but I'm sure there are day traders who only earn from trading.

As a trader then we are really doing our best just to make ourselves to be sustainable on this market on where you would really be doing all sorts of ways and methods just to make yourself able to survive

this unpredictable market.Some people might able to say that making it as a living is impossible but it is actually possible where there are people which i have known where they do able to make
a living out of trading but of course they do take a long time before they are able to hone up their skills and could really be signified as good traders.

You wouldnt really be making a dumb decision on quitting your job if you do see that you cant really sustain yourself on making trading.

[Fredomago]

I've heard of many people talk about cryptocurrency and its potentials all the time and at a point I begin to wonder if one can just depend fully on cryptocurrency as a means of livelihood.

Well, have in mind that some people accumulated a lot of coins in the early days and now they can trade with huge capital! I guess for those people it's more profitable to spend time analyzing the market and making trades than sitting in some office for a regular salary every month!

It's hard for small players, with small bankrolls we often choose higher-risk trades in order to make some meaningful profit, but because of that we often face losses... so without some nice capital it's impossible to fully depend on crypto trading as the only source of income!

Probably those who want to focus on crypto trading as a living now have also been used to make decent profits in trading regardless of the market condition. So as their bankroll increases, their confidence too has more developed that trading will definitely work in them even in the future. This is a very high-risk decision and only traders with high experience in trading will mostly end up successful while beginners will definitely not suitable for this.

You are the ones who would really able to find it out because if you do reach out on a state on which you do able to sustain yourself with your living via trading then its good but this is eventually a thing

that not all could able to attain or achieved thats why it would really be situational but pretty sure that this is something that cant really be achieved easily but its not impossible.

Be sure that you do make yourself able to sustain your living before you do quit up your dayjob or else you would really be putting yourself on big trouble.

You are right with this statement, only you who can find out if you are capable of doing such thing, it's your hard work that will allow you to find the best and suitable way to harvest good amount of profits each time you deal with your trades, it's not impossible but it's also not easy in terms of succeeding on this kind of business. With the heavy fluctuation and unpredictable market run, it's your good decision making that will lead you to make a decent amount of money.

Never to take a quick action like quitting your day job if you are only making good trades for some time, make sure that you already established and you already have good system and strategy to make money out from this field.

[mich]

Well I dont want to come say its 'impossible' to make profits doing crypto trading for a living but I dont know 1 person who does this to make a earning with this as their job. Trading crypto daily is much different from trading stocks daily which I know there are many many people who do this.
If someone can really make a living trading crypto daily this person has a special skill that involves alot of luck too since the Crypto market is always so volatile.

[ChiNgadOr]

It all depends on the kind of trader that you are and your exposure in the crypto market. You can be a newbie that is just learning about cryptocurrency and how to buy and sell, then you choose to take that as a major source of income for yourself. It's not gonna work look has how volatile the market is and a mere mistake can make us lose big.

Trading as a major source of income is left to the big traders that knows how to read and understand the market. They have the experience and had passed through so many bear and bull seasons so they understand how the market works. We just have to keep learning about the market as things go by with time.

[CPNpr]

It is really possible to do trading for a living but it is very risky to do it in reality especially in crypto where everything is very volatile. Even experienced traders still prefer having a job that can provide them a stable income than focus solely on trading. If you plan to make it a living, you must have a huge capital separated just for that activity and make sure it can endure some losses so you can still recover it on your next trade execution.

I think it will be very foolish to trade for livelihood because if we are more serious about trading then we will face a lot of problems here so I think we should refrain from trading without taking anything seriously.  Stomach never gains but losses most of the time so I think we should refrain from it.

nothing stupid, it's quite possible for a pro trader. Of course, you have to look at the capital and skills used.
maybe we just can't trade every day when the market doesn't provide support. Traders must be able to see profit opportunities. and keep some of it for assets. so traders will also have assets to trade as well as invest.
day trading may be riskier. especially for those who trade in futures. Of course, this won't be easy to do but I'm sure there are day traders who only earn from trading.

First of all we need to keep an eye on the market to chat if we buy the coins keeping an eye on the market then we will not face any problem later if we buy the coins with a snap decision then we will face a problem later so I think buying the coins  Think carefully first and then it will happen