These days, it seems like everybody is trading—which isn’t far from the truth.
Each day, millions of people are trading on the stock markets. For some, it’s a full-time job; for others, it’s simply a hobby to make money and have fun.
As a graphic designer, you should definitely be trading. Even if you can only do it for one day a week, it will provide you with many benefits.
Eager to learn more? Listed below are five reasons to start trading as a graphic designer.
1. You can trade a variety of assets
When it comes to trading, you can trade a variety of different assets. Quite simply, the choice is yours.
Typically, most people trade one (or multiple) of the following assets:
- Stocks
- Cryptocurrencies
- Commodities
In 2022, cryptocurrencies are fast becoming one of the most popular assets to trade on the market. Furthermore, this is likely to remain the case throughout the remainder of the decade.
The reason why cryptocurrencies are so popular to trade is simple: society is becoming digitalized. Moving into the future, it’s highly likely that cryptocurrencies will replace the dollar, the British pound, and all the other classic currencies. This is exactly why people are trading them now, as it’s a case of getting ahead of the curve before the true boom begins!
Trading crypto is simple and easy. You simply buy cryptocurrency from an exchange or brokerage, store it, and then wait to make your next move.
Before investing in crypto, make sure to check out OKX’s Bitcoin price charts. Bitcoin is the most popular crypto on the market, which is why millions of people continue to trade it. There’s an expectation that Bitcoin will rise in value throughout 2023 and 2024, so be sure to keep tabs on this!
2. You can make money
When you make smart trades, you can make a lot of money.
As a graphic designer, this is invaluable. After all, many graphic designers are working with tight budgets as they wait for their “big break,” so extra income is always welcome!
The key is to invest in stocks or cryptocurrencies that have the potential to skyrocket in value. Check market forecasts and analyze price indexes to get a good understanding of this. For example, if a particular cryptocurrency has been on an upward trajectory for several months, it’s a sign that it might be worth investing in. Unlike traditional trading, where you buy and sell assets, UK spread betting allows you to profit from price movements without owning the underlying instrument.
3. You can grow your career prospects
If you want to broaden your horizons away from graphic design, trading is a great side career to have. Not only can you do it on a self-employed-basis, but you can also work for specialist trading companies or consultancies.
4. You have the freedom to work “on the go”
Do you like working from home? If so, trading is perfect for you. All you need is a device (such as a smartphone or a laptop) and a working internet connection. When this is the case, you can trade from any location you like; whether it’s your home or the local Starbucks.
5. No education is needed
Finally, no formal education is needed for trading.
However, if you want to, you can enroll in online training courses designed to boost and supplement your knowledge of today’s markets. Some courses are available for free, whilst others charge a fee (which can be anywhere from $100 to $10,000).