Post
Topic
Board Trading Discussion
Re: TRADERS are not UNEMPLOYED
by
shield132
on 28/11/2024, 09:38:58 UTC
Quote
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
Are you talking about whales? You can be an average guy with no source of income and call yourself a trader because you'll lose in active trading unless you are a whale. When you are a whale, you have connections and you have an influence on the market, so you won't lose. Your 1% profit per year can be enough to give you a very comfortable life for a year or more.

I think that the majority of traders are employed because many people trade with small amounts of money, that's not enough to financially support them but they try to increase their capital by trading. In such cases, it's better to be employed because making yourself dependent on trading income is very risky.
There are only a few whales that we can count.