TRADERS are not UNEMPLOYED

[Mr. Magkaisa]

The source of the word is "Trader", which is called a trader must have capital. So, I think traders in this cryptocurrency are not unemployed. I think those who say cryptocurrency traders are unemployed are those who do not understand how cryptocurrency works.
Bitcoin when the price is 3 dollars also by having 10 Bitcoin means having a capital of around 30 dollars. That capital is an asset for traders to be able to trade Bitcoin or their assets. So, traders in this cryptocurrency are not unemployed, in fact they are their own bosses because they have their own capital or assets too.

          -      Trader in general terms is actually very broad, because the trading category can be online and offline, and there are many things that can be traded, if in physical trading there are those that we can trade in the agriculture category, buy and sell vehicles and so on.

Then in online there are stocks that are all currencies in the world and other big companies you can also see there, then this cryptocurrency/bitcoin. So if here in bitcoin or crypto it seems difficult to categorize it as unemployed level.

[Aanuoluwatofunmi]

There are still many who think that trading activities are just fun and not a job, but trading is work, trading is categorized as self-employed or in the big dictionary -> people who work for themselves, so traders immediately refute those who think you are unemployed just because they don't see you have a boss, you are your own boss, don't be discouraged by what they say, if you are very comfortable and get consistent profits then keep it because when you try to find work out there, you it will only waste your opportunity to become a professional trader.

However, traders are advised to have a fairly stable side income to support their finances because the market always moves freely and unpredictably.

anyway, I have created this topic in another forum.

If you're a trader and really knows how to trade, then there is nothing to look around for anymore in seeking for employment once the knowledge you have in trading can help fetch you the required resources to earn a living over time, you will be self employed with trade, you will determine to what extent you're going to make profits and how you're going to get it all done without any ones permission or influence.

[doc]

If you're a trader and really knows how to trade, then there is nothing to look around for anymore in seeking for employment once the knowledge you have in trading can help fetch you the required resources to earn a living over time, you will be self employed with trade, you will determine to what extent you're going to make profits and how you're going to get it all done without any ones permission or influence.

Trading in crypto is not easy and I am not a professional trader, I only trade when I have free time to trade, because I have a real world job that I can't leave because I have a family that I have to fulfill their needs. Maybe I am not an expert in trading that's why I still need a real world job.

[JISAN]

If you're a trader and really knows how to trade, then there is nothing to look around for anymore in seeking for employment once the knowledge you have in trading can help fetch you the required resources to earn a living over time, you will be self employed with trade, you will determine to what extent you're going to make profits and how you're going to get it all done without any ones permission or influence.

Trading in crypto is not easy and I am not a professional trader, I only trade when I have free time to trade, because I have a real world job that I can't leave because I have a family that I have to fulfill their needs. Maybe I am not an expert in trading that's why I still need a real world job.

No one can ever make his living through trading and can do it all his life because there is no fixed income so a person must have a source of passive income and they can trade as well if they have that amount of money and time. And of course for trading you need to gain knowledge about this. to profit from trading one must have patience and analytical skills and the ability to control one's emotions. And these things are not present in everyone due to which not everyone gets something good from trading

[Stompix]

So if here in bitcoin or crypto it seems difficult to categorize it as unemployed level.

If you're not unemployed then you must be employed!
Who is your employer when you're a trader?

So you pay health insurance, security, pension, and unemployment charges? Then you're simply not employed!
Why make it about crypto or stocks when it's the same, a freelancer is not an employed person unless he is self-employed, so as long as you don't have a company in which you work as your own boss you're still unemployed!

[Crypto Library]

No one can ever make his living through trading and can do it all his life because there is no fixed income so a person must have a source of passive income and they can trade as well if they have that amount of money and time. And of course for trading you need to gain knowledge about this. to profit from trading one must have patience and analytical skills and the ability to control one's emotions. And these things are not present in everyone due to which not everyone gets something good from trading

Actually, I think when a person want to start trading and also have plan for taking trading as a career. He must have an earning source before starting trading or learning trading. And that can be anything like be as a employee on any company or from your business or freelancing. And it should be till that time when you will able to learn and earn that much amount which is much bigger from your current earning.
And then a trader like you will be the self employed.

[milewilda]

No one can ever make his living through trading and can do it all his life because there is no fixed income so a person must have a source of passive income and they can trade as well if they have that amount of money and time. And of course for trading you need to gain knowledge about this. to profit from trading one must have patience and analytical skills and the ability to control one's emotions. And these things are not present in everyone due to which not everyone gets something good from trading

Actually, I think when a person want to start trading and also have plan for taking trading as a career. He must have an earning source before starting trading or learning trading. And that can be anything like be as a employee on any company or from your business or freelancing. And it should be till that time when you will able to learn and earn that much amount which is much bigger from your current earning.
And then a trader like you will be the self employed.

Dont make trading as your last resort when it comes on living or having some income because this isnt something that you could be able to have that kind of assurance that you can make money into the time that you do make up trades. We do know that when it comes into this aspect on which the market is really that totally unpredictable and there's no way that you can be able to tell on where it would be going. On the time that you are fully relying yourself on trading profits with your daily living then this is something that will really be that too risky not unless if you are that really profitable then it will really be that up to you on how you do deal up with things according. This is why it is really that important that you should be knowing at least on what you are dealing and on what are the probabilities.

[Mr. Magkaisa]

If you're a trader and really knows how to trade, then there is nothing to look around for anymore in seeking for employment once the knowledge you have in trading can help fetch you the required resources to earn a living over time, you will be self employed with trade, you will determine to what extent you're going to make profits and how you're going to get it all done without any ones permission or influence.

Trading in crypto is not easy and I am not a professional trader, I only trade when I have free time to trade, because I have a real world job that I can't leave because I have a family that I have to fulfill their needs. Maybe I am not an expert in trading that's why I still need a real world job.

      -       I agree that crypto trading is not easy to do, that's why it's important to have some knowledge, because if others have knowledge and ideas about trading then in the end it gets stressful how much more so those who only know a little about trading like here in the field of cryptocurrency business.

Although, like you, we are not experts either, we just have knowledge and understanding of trading strategies and indicators,
because this is really important for a trader.

[Crypto Library]

Dont make trading as your last resort when it comes on living or having some income because this isnt something that you could be able to have that kind of assurance that you can make money into the time that you do make up trades. We do know that when it comes into this aspect on which the market is really that totally unpredictable and there's no way that you can be able to tell on where it would be going. On the time that you are fully relying yourself on trading profits with your daily living then this is something that will really be that too risky not unless if you are that really profitable then it will really be that up to you on how you do deal up with things according. This is why it is really that important that you should be knowing at least on what you are dealing and on what are the probabilities.

Well said.
I also want to mean that if we want to do trade we must have assurance about funds for cover up the emergency situation so that you will not take your hand on your holding or trading fund and as we know when we want to do short-term trading in altcoin there was big risk and so we need always invest here that much which will not affected much in about financial system.  Yes in starting must need a earning source.

[ajiz138]

Well said.
I also want to mean that if we want to do trade we must have assurance about funds for cover up the emergency situation so that you will not take your hand on your holding or trading fund and as we know when we want to do short-term trading in altcoin there was big risk and so we need always invest here that much which will not affected much in about financial system.  Yes in starting must need a earning source.

That is something we have to think about from the beginning, because many people end up having problems in the middle of the road because they are not very well prepared.

For example, someone invests in bitcoin, and we know that investing in bitcoin is a very good thing to do. But the market will not be friendly forever, so there are times when we have to wait longer. Now the problem is when they need money suddenly and they don't have any reserve funds to use and in the end they are forced to sell bitcoin at a loss.

[Crypto Library]

That is something we have to think about from the beginning, because many people end up having problems in the middle of the road because they are not very well prepared.

For example, someone invests in bitcoin, and we know that investing in bitcoin is a very good thing to do. But the market will not be friendly forever, so there are times when we have to wait longer. Now the problem is when they need money suddenly and they don't have any reserve funds to use and in the end they are forced to sell bitcoin at a loss.

I want to make you understand this. Even though Bitcoin is the most trustworthy and has a potential market, it still contains risk. And the main reason for this is its volatility. If it did not have volatility, then the situation would have been different. However, since there is volatility, we have to invest in such a way that we do not become dependent on our investment in an emergency situation. I have seen many such people who have invested most of their earnings in Bitcoin and later had to sell Bitcoin for some emergency even though they lost money.

[Bobcrypto]

If you're a trader and really knows how to trade, then there is nothing to look around for anymore in seeking for employment once the knowledge you have in trading can help fetch you the required resources to earn a living over time, you will be self employed with trade, you will determine to what extent you're going to make profits and how you're going to get it all done without any ones permission or influence.

Trading in crypto is not easy and I am not a professional trader, I only trade when I have free time to trade, because I have a real world job that I can't leave because I have a family that I have to fulfill their needs. Maybe I am not an expert in trading that's why I still need a real world job.

Yes, anyone with real job may ignore trading because of time factors. Trading is actually a time consuming activity and it requires good knowledge and experiences to consistently  earn good profit over times.
I must say that trading is profitable especially if you have the necessary experiences to navigate the market. In my opinion, i think that trading can be career or a job especially if it provides a daily income.

[tequilla_sunset]

Well said.
I also want to mean that if we want to do trade we must have assurance about funds for cover up the emergency situation so that you will not take your hand on your holding or trading fund and as we know when we want to do short-term trading in altcoin there was big risk and so we need always invest here that much which will not affected much in about financial system.  Yes in starting must need a earning source.

Trading responsibly is half of the success in the pocket.
Another half comes from just learning, trading, and adjusting to what happens on your daily sessions.
I agree with your statement about emergency funds as well, it's wonderful to have backups once you understand what you are dealing with.

[Closeup]

There are still many who think that trading activities are just fun and not a job, but trading is work, trading is categorized as self-employed or in the big dictionary -> people who work for themselves, so traders immediately refute those who think you are unemployed just because they don't see you have a boss, you are your own boss, don't be discouraged by what they say, if you are very comfortable and get consistent profits then keep it because when you try to find work out there, you it will only waste your opportunity to become a professional trader.

However, traders are advised to have a fairly stable side income to support their finances because the market always moves freely and unpredictably.

anyway, I have created this topic in another forum.

To keep it short and not over-complicate this simple thing I will say anyone who thinks trading is not job will not go far in trading, because trading is a business and one that actually needs a lot of planning also capital to start, it just has the same concept as any other business out there

[milewilda]

Dont make trading as your last resort when it comes on living or having some income because this isnt something that you could be able to have that kind of assurance that you can make money into the time that you do make up trades. We do know that when it comes into this aspect on which the market is really that totally unpredictable and there's no way that you can be able to tell on where it would be going. On the time that you are fully relying yourself on trading profits with your daily living then this is something that will really be that too risky not unless if you are that really profitable then it will really be that up to you on how you do deal up with things according. This is why it is really that important that you should be knowing at least on what you are dealing and on what are the probabilities.

Well said.
I also want to mean that if we want to do trade we must have assurance about funds for cover up the emergency situation so that you will not take your hand on your holding or trading fund and as we know when we want to do short-term trading in altcoin there was big risk and so we need always invest here that much which will not affected much in about financial system.  Yes in starting must need a earning source.

When dealing up into something then always be considerate about having that a couple of source of income on which it should be that ideal that you do really make out that kind  consideration. We do know that dealing up with this market then it will really be that totally undepredictable and just like on what i have said that not all traders are unemployed on which there are ones who do make this as their side income or hassle but there are actually those people who are really making this as their main income source. So it will really be just that depending on how you do act out into the things that you are really that into.