Quote from: EarnOnVictor on Today at 05:32:17 PM

Quote from: chigo on April 28, 2024, 09:39:57 PM

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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.

this original topic comes from a local topic that I created
Read More: https://bitcointalk.org/index.php?topic=5464037.msg62727614#msg62727614

The issue with trading is that it's classified among the risky means of earning with no guaranty return, this is why it's not taken as seriously as it should be and it's quite understandable. You will hardly see a successful trader anywhere and many of the few who manage to be successful are not consistent in the long run. Should we now consider it as employment? No. Not even by virtue of employment meaning, this is what you run for yourself, so no one is employing you, but you're trying a passive income through it.

Thats why its not really that recommended that you will be quitting your job on exchange with trading, there are some people who do become that profitable with trading but ending up on having that full time on which it isnt really that totally a bad decision if you do find yourself being profitable on it and something that you could be able to sustain. The main issue on here on just on what you have said that there's no guarantee that you could be able to make profit anytime on which market conditions will really be having its trend neither going bearish or bullish but if you are someone who could be able to make profit with the waves or whatever situations that you are really that dealing into then it will really be that up to you on how you will really be treating this up but for me quitting up your job is not ideal because market isnt always the same on which there are times that you can make money but there are moments that you cant be able to get or the worst you would be losing some money on which it is really one of the great risks on dealing up with unpredictable market.
It is really just that good for some extra income or source on where you could potentially get, there are some traders which are really that profitable and sustainable but this isnt a skill or condition that anyone could easily obtain or able to reach. This is why proper considerations before making up such decision whether you do go full time or just side line.