Quote from: riderinred on April 06, 2018, 08:40:43 PM

When depending on trading income for your monthly expenses, it is likely that you have to invest 5h+ per day.
But if you cover your monthly expenses with other income, then you can cut that time on trading and focus on research/analysis and do less actual trading.

As with every "hobby" that you turn into your profession, trading wil also become like "work" if you rely on it for your regular income.
So my advice would be to please first cover your monthly expenses with passive income (master nodes, POS etc) and only then start thinking about maybe going full time into crypto.

Well, i do think that spending many hours on researching the wrong way isn't effective at doing it in the right way but with less time.
I think spending only about 3-4 hours a day for trading is enough if you're trading for profits.
The most things you have to care about is the news, so that means you have to read all the news and analysis about what will happen, not sitting there for hours , looking at the charts and doing nothing .