Choose trading as a career only if...

[bitterguy28]

I would like to hear from you, what would you like to add into this list for someone who wants to make a career out of trading cryptos.

if you are planning to trade you should not do it halfass because you will just be wasting your time if you plan on trading and you would like to succeed i think you should put your all in it i am talking time effort and resources

if you have a day job aside from trading i do not think you can focus completely with trading and i do not know if it will be very successful to do both because trading does not have an opening or closing time so you need to be on it every single time and having a day job would not help that so i think you need to decide if you are ready to give your everything to trading

[laijsica]

We know that trading is one of the best profitable source for earning money from crypto currency market. So i am also think that trading will be best opportunity for earning best profit from crypto currency market. But we also know that trading is the best risky section in cryptocurrency market for earning money. So if we want to create our career from crypto currency trading, we must understanding in cryptocurrency market and trading system. Because without trading knowledge we don’t understand easily and also lost our profit.

Yes trading is a risky way to earn more money and investors choose this trading to get high profit. To learn about crypto trading you first need to enter the market and with the right crypto selection process you can start depositing and you can wait for a decent portfolio for the possibility of profit. I mean you need to choose the right crypto and keep accumulating it continuously and after holding you can prepare yourself for short term trading.

High profit potential with risk is the main feature of trading and you have to keep buying and selling the market with patience and tolerance to get more profit from this method.

[JISAN]

Trading is a critical subject so it should not be considered as a career if one does not have a deep knowledge of trading. Because there is a very high profit as well as a high possibility of loss, it can never be considered as a source of passive income. And I don't think anything other than passive income should be chosen as a career.  Trading can be a part time source of income or an alternative source of income. But it should never be considered as a source of main income.
The larger the amount you trade with while trading, the higher your profit and loss amount will be. so use as much money for trading as you can afford to lose

[Gurujebs]

Yes trading is a risky way to earn more money and investors choose this trading to get high profit. To learn about crypto trading you first need to enter the market and with the right crypto selection process you can start depositing and you can wait for a decent portfolio for the possibility of profit. I mean you need to choose the right crypto and keep accumulating it continuously and after holding you can prepare yourself for short term trading.

High profit potential with risk is the main feature of trading and you have to keep buying and selling the market with patience and tolerance to get more profit from this method.

There is nothing in this life that is absolutely not risky, even if he air it that we breathe in and out is very risky. To grow in life, you must take some bold steps to accomplish them otherwise somethings wouldn't just work. It's possible that you might have different ways to earn but if you don't try it out, you might not know the one you will excel.

If you have the time to stay on the internet, without much disturbance from offline, I think trading is something anyone should do no matter how risky it is. Most people that are making money from Bitcoin trading today, started sometimes ago and are enjoying the benefits now.

[Asiska02]

First thing is capital and risk tolerance, yes even though we can start trading with as low capital as possible but to make it as a career it needs atleast decent capital like $5000 range that will give better cushion to make trading decisions and could be enough to make something like needed for survival let's say $500  which itself 10% profit which is difficult but possible with right choices.

I would like to hear from you, what would you like to add into this list for someone who wants to make a career out of trading cryptos.

It is not even about the money you’re trying to use as capital to start but the capital also has its part to play in you making it in trading. One thing with a lot of capital to start with gives you an opportunity to be able to earn more but only if you already have the right knowledge of the market, if not you’ll make a lot of wrong decisions and blow your account.

Low capital requires you to have patient while trading and won’t allow you to take as many trades as you want, it won’t also make you to learn and retest what you’ve learned immediately to see how profitable the strategy may work for you. If you’re going to be utilising trading as a career, the money you’ll start with is important but not as important as having the right knowledge to trade the market and be profitable. This includes your risk management, patient, psychology etc.

[kulkhan]

Trading is a critical subject so it should not be considered as a career if one does not have a deep knowledge of trading. Because there is a very high profit as well as a high possibility of loss, it can never be considered as a source of passive income. And I don't think anything other than passive income should be chosen as a career.  Trading can be a part time source of income or an alternative source of income. But it should never be considered as a source of main income.
The larger the amount you trade with while trading, the higher your profit and loss amount will be. so use as much money for trading as you can afford to lose

I strongly believe trading is very risky. I think anyone can take trading as part time job but if anyone take it his permanent career I strongly believe this decision is wrong there has no doubt. I am also a trader and I know Many traders available in world and in our country. Some are trading for part time and some are doing for time career.

But who will take trading as career he will be suffer there has no doubt. Because trading sometimes will be profitable and sometime we will loss. But who will take trading us career he will be huge loser and any time he will be out from trading.

[Gposas]

Most people lose in trading because they're not really prepared for it so certain qualities are necessary for someone to choose trading as a career path.

First thing is capital and risk tolerance, yes even though we can start trading with as low capital as possible but to make it as a career it needs atleast decent capital like $5000 range that will give better cushion to make trading decisions and could be enough to make something like needed for survival let's say $500  which itself 10% profit which is difficult but possible with right choices.

I would like to hear from you, what would you like to add into this list for someone who wants to make a career out of trading cryptos.

From my point of view, if you are willing to be a full time trader by taking trading as a way to earn money for you and your family... That simply means you must have gotten enough to at least take care of the basic needs of a family.
Because, you can't use the money for necessity to place trade as it is very risky.... The saying always goes "Trade as much you can afford to lose". At first, it is advisable to be cautious on what money you are to use to pace trades.

On the other hand, knowing the market is relatively unpredictable, that simply means any individual who is wishing to be a full time trader has to be very smart in market analysis and never miss concrete chances of grabbing profits....
As a full time trader, you need alot of experience on the market and high intellectual skill of reading and understanding candlestick patterns, and you also need to follow up news updates as all these can guide you to become a successful trader.
And you also need to learn how to be moderate, not too greedy and not too fearful.

Starting a trading career with $500 is enough to make out something for the day, but only when predictions and speculations are correct..... Otherwise, things may go wrongly...
And please, always remember to trade as much as you can afford to lose...

[BitMaxz]

I strongly believe trading is very risky. I think anyone can take trading as part time job but if anyone take it his permanent career I strongly believe this decision is wrong there has no doubt. I am also a trader and I know Many traders available in world and in our country. Some are trading for part time and some are doing for time career.

But who will take trading as career he will be suffer there has no doubt. Because trading sometimes will be profitable and sometime we will loss. But who will take trading us career he will be huge loser and any time he will be out from trading.

I saw how difficult to make living on trading since the markets is unpredictable. You can win big today, but you could lose everything on the next day. It is a rollercoaster with ups and downs, and losing a large amount is very frustrating and stressful.
I would not say that full-time trading is always a bad idea, but I would advise caution. You must learn risk management strategies, have a serious plan, and be able to handle your emotions. If you are not prepared for this, I recommend that you stop or trade only on paper money until you gain confidence before moving on to live trading.

[MRY]

I strongly believe trading is very risky. I think anyone can take trading as part time job but if anyone take it his permanent career I strongly believe this decision is wrong there has no doubt. I am also a trader and I know Many traders available in world and in our country. Some are trading for part time and some are doing for time career.

But who will take trading as career he will be suffer there has no doubt. Because trading sometimes will be profitable and sometime we will loss. But who will take trading us career he will be huge loser and any time he will be out from trading.

I saw how difficult to make living on trading since the markets is unpredictable. You can win big today, but you could lose everything on the next day. It is a rollercoaster with ups and downs, and losing a large amount is very frustrating and stressful.
I would not say that full-time trading is always a bad idea, but I would advise caution. You must learn risk management strategies, have a serious plan, and be able to handle your emotions. If you are not prepared for this, I recommend that you stop or trade only on paper money until you gain confidence before moving on to live trading.

Trading certainly does generate income however it does take time and patience because markets are not stagnant. Of course, high revenues are possible, but it is very critical to stay calm emotionally and to be prepared for changes. In that case we can understand how risk management works, come up with a mature plan and control ourselves. If we feel that we are still not ready then, we learn with virtual money in order that we may get more ready once we are out there trading real money.

[Gurujebs]

Trading certainly does generate income however it does take time and patience because markets are not stagnant. Of course, high revenues are possible, but it is very critical to stay calm emotionally and to be prepared for changes. In that case we can understand how risk management works, come up with a mature plan and control ourselves. If we feel that we are still not ready then, we learn with virtual money in order that we may get more ready once we are out there trading real money.

Trading brings income certainly but you have to understand the direction the market is facing for the moment. Their people that trade with trend, like right now the market is bullish and they will focus on doing their trading longing and taking profits. This will continue until the market fade away and they switch again to short and continue making their money.

The thing is they are nit attach to emotions when it comes to decision of market making. I really admire them but I don't know why I have never had the courage to short the market, only long with my liquidation in mind so I don't feel disappointed later.

[jeraldskie11]

Most people lose in trading because they're not really prepared for it so certain qualities are necessary for someone to choose trading as a career path.

First thing is capital and risk tolerance, yes even though we can start trading with as low capital as possible but to make it as a career it needs atleast decent capital like $5000 range that will give better cushion to make trading decisions and could be enough to make something like needed for survival let's say $500  which itself 10% profit which is difficult but possible with right choices.

I would like to hear from you, what would you like to add into this list for someone who wants to make a career out of trading cryptos.

Yeah, I agree that we really need certain qualities to become a profitable in trading such as risk management, trading plan, and emotional stability. If you have that trading qualities you have a higher chance to become a profitable. It doesn't matter how big is your capital, as long as you have the right risk management, you can survive in the long run.

[Crypto Library]

Here my answer will be very simple because trading is a sector where knowledge or skill is required to be successful just like in other sectors like freelancing sector if I have to do freelancing in graphics designing or web designing then I must be skilled in these sectors. And if that is not the case, then it is not possible to get success here, similarly in the case of trading, if one does not know about analysis and trades without understanding the market sentiment, then trading is not suitable for him to choose as a career. And on the other hand, those who can keep such a mindset that they will work hard and also give time to learn trading can only choose trading as a career.

[ZAINmalik75]

Trading is a critical subject so it should not be considered as a career if one does not have a deep knowledge of trading. Because there is a very high profit as well as a high possibility of loss, it can never be considered as a source of passive income. And I don't think anything other than passive income should be chosen as a career.  Trading can be a part time source of income or an alternative source of income. But it should never be considered as a source of main income.
The larger the amount you trade with while trading, the higher your profit and loss amount will be. so use as much money for trading as you can afford to lose

Trading is certainly not a source of passive income instead it is more stressful than other jobs but it gives the benefit of doing it anytime and anywhere. We don't have to sit in offices or wear formal clothes to do it. We don't even have to tell anyone about it we can do it quite and most of the crypto traders choose it for their career to do future trading alone.

Spot trading needs more funds thus they can make enough profit and many don't have this so they do future and loss a lot too but with experience and time they learn more and make profit.

[UNIVERSE]

......And I don't think anything other than passive income should be chosen as a career.  Trading can be a part time source of income or an alternative source of income. But it should never be considered as a source of main income. ............

Trading is certainly not a source of passive income instead it is more stressful than other jobs but it gives the benefit of doing it anytime and anywhere. We don't have to sit in offices or wear formal clothes to do it. We don't even have to tell anyone about it we can do it quite and most of the crypto traders choose it for their career to do future trading alone.

Surely, I can't believe if there are people who think that trading is passive income. Because we still have to work hard in trading activities, we still have to think about strategies, market and coin analysis, indicators, various fundamental news, and so on so that we can reap profits from trading, which is not that easy to get profits from this high-risk activity. That's why even this trading activity is highly not recommended for beginners in crypto without sufficient preparation and mental readiness and knowledge. If not, then the result is that the risk that is obtained will be much higher and there is a risk of losing the money we have.

[Ujok]

I would like to hear from you, what would you like to add into this list for someone who wants to make a career out of trading cryptos.

if you are planning to trade you should not do it halfass because you will just be wasting your time if you plan on trading and you would like to succeed i think you should put your all in it i am talking time effort and resources

if you have a day job aside from trading i do not think you can focus completely with trading and i do not know if it will be very successful to do both because trading does not have an opening or closing time so you need to be on it every single time and having a day job would not help that so i think you need to decide if you are ready to give your everything to trading

Planning a career is not a trivial matter. This is the first step that determines the direction of your future in the world of work and how you can do it together with your career goals.

This stage is very important and rarely implemented. Many people dream of achieving it but they forget that planning a career must start long before that. How can you know your final destination if you don't have a map to get there?
important steps you need to take to plan a career well.
]know yourself,
research about the chosen profession،
determine short or long term goals، dan
Evaluate and Adjust the Plan Periodically.