full time or part time trader?

[tequilla_sunset]

You can spend as much as time you want on analysis and strategies but it doesn't ensure the consistent profits so the question is whether you can survive without constant income? Let's say someone who is young and live with their parents and doesn't really need to feed others then it's possible but most of others should not consider trading as full time job unless they have other passive income streams that can take care of the survival expenses.

Many people are too worried about uncertain income when living independently... while the permanent job that people think about, sometimes is not completely permanent until old age... there are times when companies can suddenly go bankrupt too... so actually, we all don't have a real fixed income... everything has its time, including our heyday...

Relying on trading income alone, is clearly quite worrying if it is not stable.... if you can already make enough money to meet your needs, that is an exception... yes, the point is if someone can guarantee that they can get enough money from trading to live independently with their family... that is enough., the next projection is to find other income so that they can live better.

Definitely right.
You can't be sure while you only trade, even if you are good trader, there will be ups and lows there, whereas when you try to combine a stable way with something different: that's a way to go.

[Findingnemo]

You can spend as much as time you want on analysis and strategies but it doesn't ensure the consistent profits so the question is whether you can survive without constant income? Let's say someone who is young and live with their parents and doesn't really need to feed others then it's possible but most of others should not consider trading as full time job unless they have other passive income streams that can take care of the survival expenses.

Many people are too worried about uncertain income when living independently... while the permanent job that people think about, sometimes is not completely permanent until old age... there are times when companies can suddenly go bankrupt too... so actually, we all don't have a real fixed income... everything has its time, including our heyday...

Relying on trading income alone, is clearly quite worrying if it is not stable.... if you can already make enough money to meet your needs, that is an exception... yes, the point is if someone can guarantee that they can get enough money from trading to live independently with their family... that is enough., the next projection is to find other income so that they can live better.

But we can be never so sure of the constant pay irrespective of skills and experience that is why having a fixed pay check is important or we have to be rich to mitigate all these. And we don't really need all day long to do trades, it can be simply done with minimal time frame if we stick to the fundamental analysis and the top marketcap valued coins instead of taking gamble with the new ones.

[Mr. Magkaisa]

You can spend as much as time you want on analysis and strategies but it doesn't ensure the consistent profits so the question is whether you can survive without constant income? Let's say someone who is young and live with their parents and doesn't really need to feed others then it's possible but most of others should not consider trading as full time job unless they have other passive income streams that can take care of the survival expenses.

Many people are too worried about uncertain income when living independently... while the permanent job that people think about, sometimes is not completely permanent until old age... there are times when companies can suddenly go bankrupt too... so actually, we all don't have a real fixed income... everything has its time, including our heyday...

Relying on trading income alone, is clearly quite worrying if it is not stable.... if you can already make enough money to meet your needs, that is an exception... yes, the point is if someone can guarantee that they can get enough money from trading to live independently with their family... that is enough., the next projection is to find other income so that they can live better.

But we can be never so sure of the constant pay irrespective of skills and experience that is why having a fixed pay check is important or we have to be rich to mitigate all these. And we don't really need all day long to do trades, it can be simply done with minimal time frame if we stick to the fundamental analysis and the top marketcap valued coins instead of taking gamble with the new ones.

         -      Full time or part-time traders for me is not an easy way to earn income here in the crypto space via trading. If you think about it and read it, it seems like an easy way to get profit but it is not really in reality, especially in the implementation in actual.

Because there are many conditions for you to be profitable traders, meaning you cannot have no knowledge in trading, and it is just common sense if you don't know you need to know or to study about trading here in the crypto space here in this industry.

[milewilda]

You can spend as much as time you want on analysis and strategies but it doesn't ensure the consistent profits so the question is whether you can survive without constant income? Let's say someone who is young and live with their parents and doesn't really need to feed others then it's possible but most of others should not consider trading as full time job unless they have other passive income streams that can take care of the survival expenses.

Many people are too worried about uncertain income when living independently... while the permanent job that people think about, sometimes is not completely permanent until old age... there are times when companies can suddenly go bankrupt too... so actually, we all don't have a real fixed income... everything has its time, including our heyday...

Relying on trading income alone, is clearly quite worrying if it is not stable.... if you can already make enough money to meet your needs, that is an exception... yes, the point is if someone can guarantee that they can get enough money from trading to live independently with their family... that is enough., the next projection is to find other income so that they can live better.

But we can be never so sure of the constant pay irrespective of skills and experience that is why having a fixed pay check is important or we have to be rich to mitigate all these. And we don't really need all day long to do trades, it can be simply done with minimal time frame if we stick to the fundamental analysis and the top marketcap valued coins instead of taking gamble with the new ones.

         -      Full time or part-time traders for me is not an easy way to earn income here in the crypto space via trading. If you think about it and read it, it seems like an easy way to get profit but it is not really in reality, especially in the implementation in actual.

Because there are many conditions for you to be profitable traders, meaning you cannot have no knowledge in trading, and it is just common sense if you don't know you need to know or to study about trading here in the crypto space here in this industry.

Totally so that easy to tell someone that they should really be that having that full time trading on which you would really be needing all factors on which you will be needing up to consider before you would be finding yourself that sufficient and sustainable here on this space. We do know that on the moment or time that you do deal up with a volatile space or market then its never been that so simple on achieving up such goal. Somehow its not really that impossible for this one because this skills might be hard to learn but doesnt mean that its not achievable. It is really just that it do really takes up some time and it do really takes up that tons of efforts and hard work before you can be able to find yourself be effective or a profitable trader. Just dont make yourself that being forced on about.

[albon]

Definitely right.
You can't be sure while you only trade, even if you are good trader, there will be ups and lows there, whereas when you try to combine a stable way with something different: that's a way to go.

If I can be a good trader then I will always be busy with trading, also if my trading management is always in the profit part then I will quit my job or business and just trade. Trading is a source where you can make profit every day. But of course you need to practice a lot with trading and if necessary then learn from an expert trader. Trading experience can make you rich, but if you are not experienced then you can become poor.

[ZAINmalik75]

Many people are too worried about uncertain income when living independently... while the permanent job that people think about, sometimes is not completely permanent until old age... there are times when companies can suddenly go bankrupt too... so actually, we all don't have a real fixed income... everything has its time, including our heyday...

Nothing is permanent even the public sector jobs can come to an end even before the retirement therefore we should not take everything for grant and think that it would be like this forever while things can really change very fast the same though also motivates people to look forward to new jobs and opportunities, and they don't stick to the one for years.

Relying on trading income alone, is clearly quite worrying if it is not stable.... if you can already make enough money to meet your needs, that is an exception... yes, the point is if someone can guarantee that they can get enough money from trading to live independently with their family... that is enough., the next projection is to find other income so that they can live better.

To be honest, people who say they only rely on trading can be lying because a person who get involves in crypto trading, give a chance to other earning ways to like staking, investing in gems, joining airdrops, and other stuff because trading changes the mind of a person to find more opportunities to make money.

[bounceback]

If I can be a good trader then I will always be busy with trading, also if my trading management is always in the profit part then I will quit my job or business and just trade. Trading is a source where you can make profit every day. But of course you need to practice a lot with trading and if necessary then learn from an expert trader. Trading experience can make you rich, but if you are not experienced then you can become poor.

If can consistent with trading I believe all trader focus 100% for earning much money from trading and quit from working due have limitation time for trader controlling the market.
Considering some countries have lower salary for worker, I believe if comparison have earned much profit from trading than how much earn every month from salary. But market some time can't predictable yet with easily earn much profit every day and many time we have hold our coins for longer time after decreasing to lower price.

[doc]

If I can be a good trader then I will always be busy with trading, also if my trading management is always in the profit part then I will quit my job or business and just trade. Trading is a source where you can make profit every day. But of course you need to practice a lot with trading and if necessary then learn from an expert trader. Trading experience can make you rich, but if you are not experienced then you can become poor.

If can consistent with trading I believe all trader focus 100% for earning much money from trading and quit from working due have limitation time for trader controlling the market.
Considering some countries have lower salary for worker, I believe if comparison have earned much profit from trading than how much earn every month from salary. But market some time can't predictable yet with easily earn much profit every day and many time we have hold our coins for longer time after decreasing to lower price.

being able to earn income from trading consistently will make people consider focusing more on trading than working in the real world, this is a phenomenon that we see around us. but because the crypto market is volatile and difficult to predict I think we should also think twice about quitting our jobs, because we need income for our family's living expenses.

[enwi]

being able to earn income from trading consistently will make people consider focusing more on trading than working in the real world, this is a phenomenon that we see around us. but because the crypto market is volatile and difficult to predict I think we should also think twice about quitting our jobs, because we need income for our family's living expenses.

Indeed, the obsession with the possibility of making profits from trading drives many people to think of dumping their regular sources of income. However, simply because of the unpredictability of the crypto market it is obvious that such a decision cannot be taken lightly. There are moments when it is easy to make good profit and there are moments when the market does not yield the desired profit. Another possible flaw of such a decision to rely solely on trading income is that intensified trading of these crops has not always provided a stable income in the long run. Everyone of course would wish to be financially free but the most important aspect is that needs are still catered for without too much strain due to volatile market forces.

[bitterguy28]

being able to earn income from trading consistently will make people consider focusing more on trading than working in the real world, this is a phenomenon that we see around us. but because the crypto market is volatile and difficult to predict I think we should also think twice about quitting our jobs, because we need income for our family's living expenses.

i know a lot of people who have decided to go full time in trading as they have been very successful in trading and they have made some really great and consistent profit i am guessing enough to feed their family and pay for other bills otherwise they would not even think about it but the volatility of the market is scary and you should have enough money to fall back on if things were to go wrong

if anyone wants to quit their job i guess they still should have enough savings to save them if nothing comes out of trading for a while

[Mr. Magkaisa]

If I can be a good trader then I will always be busy with trading, also if my trading management is always in the profit part then I will quit my job or business and just trade. Trading is a source where you can make profit every day. But of course you need to practice a lot with trading and if necessary then learn from an expert trader. Trading experience can make you rich, but if you are not experienced then you can become poor.

If can consistent with trading I believe all trader focus 100% for earning much money from trading and quit from working due have limitation time for trader controlling the market.
Considering some countries have lower salary for worker, I believe if comparison have earned much profit from trading than how much earn every month from salary. But market some time can't predictable yet with easily earn much profit every day and many time we have hold our coins for longer time after decreasing to lower price.

       -      I agree with what you're saying mate, all traders who enter the crypto industry are really focused 100% on profit, but not 100% on learning about it in the learning process in trading. Because many newbies prioritize the rush to get profit.

They delay learning what they need to know about trading and study the strategies that can be used in trading as guidelines to get profit
here in trading the crypto space.

[bounceback]

       -      I agree with what you're saying mate, all traders who enter the crypto industry are really focused 100% on profit, but not 100% on learning about it in the learning process in trading. Because many newbies prioritize the rush to get profit.

They delay learning what they need to know about trading and study the strategies that can be used in trading as guidelines to get profit
here in trading the crypto space.

Take longer process in cryptocurrency trading before success earn consistency profitable in daily day or weekly until monthly, but difficult accptale by beginner when entering in cryptocurrency trading most of them want get faster to earn much profit without learning process firstly.
In cryptocurrency trading we faced inconsistent earn profitable, market unpredictable and have easily earn big profit at short time but any moment we must waiting more longer time get back our capital or earn small profitable. If want 100% focus for trading must prepare firstly saving assets if market crash and then take profit as soon possible without bee greedy.

[Vx1]

we all have different opinions as well as strategies when it comes to trading i have encountered some people say that they think trading shouldn’t be your main source of income and instead be only treated as a side hustle

but can you really be profitable if you only trade on the side? isn’t better to dedicate much of your time and resources to trading to maximize profit? or is trading as a side hustle with a main job sufficient and profitable enough?

In my personal opinion, we can make trading a full-time job, or just as a side job. Of course, those who work full time in trading will get more than those who only do it as a side job. But for me, trading cryptocurrency is just a side job, because I have a real job. And this has been profitable for me, although not much but it is enough.

[JISAN]

A full time or part time schedule should not be fixed for trading. A fixed amount profit target should be kept from trading daily and it should be below 5% of total fund. It should keep a stop loss below 10% of the entire fund. In this you will not make big losses and you will be able to achieve the profit margin you keep very quickly.

When you use trading full time you will be checking the market frequently, and you will not be able to prepare your target. And when you see the volatility of the market, you will panic. When you see another coin's quick pump at the top, panic and sell your holdings at a loss and try to buy that coin. This practice will make you lose a lot.

[taufik123]

In my personal opinion, we can make trading a full-time job, or just as a side job. Of course, those who work full time in trading will get more than those who only do it as a side job. But for me, trading cryptocurrency is just a side job, because I have a real job. And this has been profitable for me, although not much but it is enough.

Even though they don't have a permanent job. Trading in crypto is only a part-time job in my opinion because we won't always profit from every trade.
Full-time trading will also be more risky to increase stress and certainly result in trading decision-making.

Rather than facing a fairly high risk, it is better to trade more casually and not have to be every day, just monitor and see if it is the right time to enter or not.