It is not advisable to make bitcoin trading your only source of income. Its movement is too unpredictable to make a steady income. Yes, some people manage to make a steady income, but very few. Even if you are successful now, it does not mean that you will be successful in the future.
I think it will be very foolish to choose investing as a career in life. Besides investing we have to have a job or business. If we are only investing all the time then we will face many problems in future. So I think. One will give us some money but if we trade jobs it will be a great benefit to me. 
Topic: Can Bitcoin trading be my sole source of income? - page 10. (Read 1356 times)
of course you can, there's no stopping you but with several ifs, that is if you can consistently earn profit going against the whales which is not some measly thing to do. moreover you will have the need to constantly seek the market 24/7 so you will not miss every chance and opportunity out there.
moreover you also need to know the fact that many individual trader, from some article in which i read, many of them are just outright losing their money against the market, everyone think they are chosen one that gonna score billions after suddenly jumping into the market but they all wrong. there's reason why everyone didn't become rich investors because investing and even trading in general isn't really easy. it's unlike stated by those so called trading guru in which actually are just selling there course to make some $$$.
moreover you also need to know the fact that many individual trader, from some article in which i read, many of them are just outright losing their money against the market, everyone think they are chosen one that gonna score billions after suddenly jumping into the market but they all wrong. there's reason why everyone didn't become rich investors because investing and even trading in general isn't really easy. it's unlike stated by those so called trading guru in which actually are just selling there course to make some $$$.
As a young person, I am overwhelmed by my curiosity in trading Bitcoin, but I'm not sure if it is appropriate for me to resign my white collar work and return to trading exclusively Bitcoin.
This was a conversation a buddy of mine and I had yesterday, and I felt compelled to bring it to this illustrious platform for the best types of advice and counsel.
Is it safe for a Bitcoin trader to quit their jobs and focus solely on Bitcoin trading if they can devote their time and attention to maximize the benefits in the Bitcoin world?
From my point of view it will never be right. Trading is a very risky business. To survive in this business you have to survive through profit and loss. It is still somewhat up to you if you feel you can benefit from the trading then you can start trading. But you can trade even while employed, I don't see any reason to quit your job for trading. Sometimes there is a lot of volatility in the market and if you fall into this volatility and suffer losses for a long period of time, you will have no way of financial backup later on. Then you will be in trouble financially, so whatever you do get the job right first then consider the trading platform. This was a conversation a buddy of mine and I had yesterday, and I felt compelled to bring it to this illustrious platform for the best types of advice and counsel.
Is it safe for a Bitcoin trader to quit their jobs and focus solely on Bitcoin trading if they can devote their time and attention to maximize the benefits in the Bitcoin world?
It is not advisable to make bitcoin trading your only source of income. Its movement is too unpredictable to make a steady income. Yes, some people manage to make a steady income, but very few. Even if you are successful now, it does not mean that you will be successful in the future.
As a young person, I am overwhelmed by my curiosity in trading Bitcoin, but I'm not sure if it is appropriate for me to resign my white collar work and return to trading exclusively Bitcoin.
This was a conversation a buddy of mine and I had yesterday, and I felt compelled to bring it to this illustrious platform for the best types of advice and counsel.
Is it safe for a Bitcoin trader to quit their jobs and focus solely on Bitcoin trading if they can devote their time and attention to maximize the benefits in the Bitcoin world?
This was a conversation a buddy of mine and I had yesterday, and I felt compelled to bring it to this illustrious platform for the best types of advice and counsel.
Is it safe for a Bitcoin trader to quit their jobs and focus solely on Bitcoin trading if they can devote their time and attention to maximize the benefits in the Bitcoin world?
It is certainly possible, to make a living from trading but only you can give the correct answer to this question. Everything, exclusively everything depends on you. How skilled you are, how disciplined you will be and how dedicated you will be to the whole job.
Judging by what and how you write, I would rather say that you are a beginner than an experienced trader. In that case, you certainly cannot rely only on income from the trade, because there are no guarantees and you have a long learning way ahead of you. The moment you are ready to be independent and rely only on your trading skills, trust me you will not need this kind of advice from anyone.
Exactly, the thing with trading is that it takes a lot of time and effort to fully learn it and have skill in it to create different techniques to be successful in it. So the experience is really a deal breaker for you to consider trading as your major source of income. I think it would be a great move if there is a certain job that pays you a consistent salary and then try to incorporate trading as a side job so you can maximize your earnings. In this way, you can be financially secured on your daily needs using your job salary and you can also be able to save and earn and also invest in trading. Also, as a beginner in trading, you should start by exploring it and really having to experience it and know that losses would always be a part of the start since this would help you build your experience to be a better trader in the future.
Is it safe for a Bitcoin trader to quit their jobs and focus solely on Bitcoin trading if they can devote their time and attention to maximize the benefits in the Bitcoin world?
It's safe but one that has become full-time in trading bitcoin has understood the risk that he's going to take. I advice you not to quit your job while trading bitcoin.You can do the same thing at the same time without even the need for you to resign from your job. This is a risky market and volatility shouldn't be taken easily since you're still new to this. A full time trader can't only be found in Bitcoin but also in other markets like stocks, you'll see people that have committed and decided to go full time with those because they know that they can.
As a young person, I am overwhelmed by my curiosity in trading Bitcoin, but I'm not sure if it is appropriate for me to resign my white collar work and return to trading exclusively Bitcoin.
This was a conversation a buddy of mine and I had yesterday, and I felt compelled to bring it to this illustrious platform for the best types of advice and counsel.
Is it safe for a Bitcoin trader to quit their jobs and focus solely on Bitcoin trading if they can devote their time and attention to maximize the benefits in the Bitcoin world?
The answer depends on the abilities and capacity of a trader. If you are still a beginner, then never go for trading alone as it will never give you sustainable profits. But if you are trading for so long and have been making significant profits every time you trade, then you might consider leaving your job and focus in trading. But I guess based on how you described yourself, you’re not ready yet to completely rely on bitcoin because you know eventually how you are doing in trading.This was a conversation a buddy of mine and I had yesterday, and I felt compelled to bring it to this illustrious platform for the best types of advice and counsel.
Is it safe for a Bitcoin trader to quit their jobs and focus solely on Bitcoin trading if they can devote their time and attention to maximize the benefits in the Bitcoin world?
Trading Bitcoin, or any other asset for that matter, requires a certain level of knowledge, skill, and experience.
It is very important to have a solid trading plan, risk management strategy, and a clear understanding of market dynamics before making the decision to quit a job and focus solely on Bitcoin trading. It is very risky to assess one's financial situation, risk tolerance, and long-term goals before making any major career changes.
As a young person, I am overwhelmed by my curiosity in trading Bitcoin, but I'm not sure if it is appropriate for me to resign my white collar work and return to trading exclusively Bitcoin.
This was a conversation a buddy of mine and I had yesterday, and I felt compelled to bring it to this illustrious platform for the best types of advice and counsel.
Is it safe for a Bitcoin trader to quit their jobs and focus solely on Bitcoin trading if they can devote their time and attention to maximize the benefits in the Bitcoin world?
The answer depends on the abilities and capacity of a trader. If you are still a beginner, then never go for trading alone as it will never give you sustainable profits. But if you are trading for so long and have been making significant profits every time you trade, then you might consider leaving your job and focus in trading. But I guess based on how you described yourself, you’re not ready yet to completely rely on bitcoin because you know eventually how you are doing in trading. This was a conversation a buddy of mine and I had yesterday, and I felt compelled to bring it to this illustrious platform for the best types of advice and counsel.
Is it safe for a Bitcoin trader to quit their jobs and focus solely on Bitcoin trading if they can devote their time and attention to maximize the benefits in the Bitcoin world?
although it is very possible to do, for me it is too much. but if indeed you are not comfortable with your job, and you prefer to make a profit from trading, then do it.
I'm sure some traders actually trade every day and only focus on making a profit from the trades they make. but for me, it's too risky because when you have a family and have bigger needs every day, looking for profits from trading every day will make you quite depressed. even though when you are experienced in trading, it will be very possible to make a profit.
I'm sure some traders actually trade every day and only focus on making a profit from the trades they make. but for me, it's too risky because when you have a family and have bigger needs every day, looking for profits from trading every day will make you quite depressed. even though when you are experienced in trading, it will be very possible to make a profit.
As a young person, I am overwhelmed by my curiosity in trading Bitcoin, but I'm not sure if it is appropriate for me to resign my white collar work and return to trading exclusively Bitcoin.
This was a conversation a buddy of mine and I had yesterday, and I felt compelled to bring it to this illustrious platform for the best types of advice and counsel.
Is it safe for a Bitcoin trader to quit their jobs and focus solely on Bitcoin trading if they can devote their time and attention to maximize the benefits in the Bitcoin world?
It’s good that you ask the experienced traders because you will never know the right answer unless if you experience it by yourself. And by knowing in the first place that trading is highly risky, then one should never rely on it as a single source of income, unless if you see yourself highly skilled and experienced in trading that you were able to gain more profits than to lose in trading. If you are not like this, then better to focus on your job first and continue learning in trading and develop more your skills and strategies, maybe one day you don’t have to question yourself anymore since you are already aware on your own potentials. This was a conversation a buddy of mine and I had yesterday, and I felt compelled to bring it to this illustrious platform for the best types of advice and counsel.
Is it safe for a Bitcoin trader to quit their jobs and focus solely on Bitcoin trading if they can devote their time and attention to maximize the benefits in the Bitcoin world?
Yes you can trading is good and you can get more assert through the help of bitcoin investments or even forex trading, there are many people out their who are very wealthy through the help of bitcoin investments, I can advice you to not quite your job because it will be a very nice idea for you to have two empowerments.
Bitcoin is a nice investment that allows you to invest and work and also do your jobs, you must dedicate some of your time to learn about bitcoin but after that no much deal on investment you just have to bear the mind of holding for huge returns.
Bitcoin is a nice investment that allows you to invest and work and also do your jobs, you must dedicate some of your time to learn about bitcoin but after that no much deal on investment you just have to bear the mind of holding for huge returns.
As a young person, I am overwhelmed by my curiosity in trading Bitcoin, but I'm not sure if it is appropriate for me to resign my white collar work and return to trading exclusively Bitcoin.
This was a conversation a buddy of mine and I had yesterday, and I felt compelled to bring it to this illustrious platform for the best types of advice and counsel.
Is it safe for a Bitcoin trader to quit their jobs and focus solely on Bitcoin trading if they can devote their time and attention to maximize the benefits in the Bitcoin world?
This was a conversation a buddy of mine and I had yesterday, and I felt compelled to bring it to this illustrious platform for the best types of advice and counsel.
Is it safe for a Bitcoin trader to quit their jobs and focus solely on Bitcoin trading if they can devote their time and attention to maximize the benefits in the Bitcoin world?
It is certainly possible, to make a living from trading but only you can give the correct answer to this question. Everything, exclusively everything depends on you. How skilled you are, how disciplined you will be and how dedicated you will be to the whole job.
Judging by what and how you write, I would rather say that you are a beginner than an experienced trader. In that case, you certainly cannot rely only on income from the trade, because there are no guarantees and you have a long learning way ahead of you. The moment you are ready to be independent and rely only on your trading skills, trust me you will not need this kind of advice from anyone.
As a young person, I am overwhelmed by my curiosity in trading Bitcoin, but I'm not sure if it is appropriate for me to resign my white collar work and return to trading exclusively Bitcoin.
This was a conversation a buddy of mine and I had yesterday, and I felt compelled to bring it to this illustrious platform for the best types of advice and counsel.
Is it safe for a Bitcoin trader to quit their jobs and focus solely on Bitcoin trading if they can devote their time and attention to maximize the benefits in the Bitcoin world?
It is true that there are many people in today's world who consider trading as their primary profession. But we also have to look at the fact that here the success rate is mostly seen that they are facing loss. So trading is a very risky platform and there is no guarantee that only profit will be here, so before leaving any job for trading full time, take a rethinking decision. Moreover, it depends on the skill of the trader. This was a conversation a buddy of mine and I had yesterday, and I felt compelled to bring it to this illustrious platform for the best types of advice and counsel.
Is it safe for a Bitcoin trader to quit their jobs and focus solely on Bitcoin trading if they can devote their time and attention to maximize the benefits in the Bitcoin world?
As a young person, I am overwhelmed by my curiosity in trading Bitcoin, but I'm not sure if it is appropriate for me to resign my white collar work and return to trading exclusively Bitcoin.
This was a conversation a buddy of mine and I had yesterday, and I felt compelled to bring it to this illustrious platform for the best types of advice and counsel.
Is it safe for a Bitcoin trader to quit their jobs and focus solely on Bitcoin trading if they can devote their time and attention to maximize the benefits in the Bitcoin world?
This was a conversation a buddy of mine and I had yesterday, and I felt compelled to bring it to this illustrious platform for the best types of advice and counsel.
Is it safe for a Bitcoin trader to quit their jobs and focus solely on Bitcoin trading if they can devote their time and attention to maximize the benefits in the Bitcoin world?
Let me throw you an honest counter question.
Have you ever seen the case where a good crypto trader decided to get a steady white colar job as you called it in order to balance his income?
If yes, the reverse could also be the case. You can be in your current job and still trade crypto. Thing of how possible it is to do more than two jobs in order to beat the rising inflation and not how to exit the one you have for a pure uncertainty.
As a young person, I am overwhelmed by my curiosity in trading Bitcoin, but I'm not sure if it is appropriate for me to resign my white collar work and return to trading exclusively Bitcoin.
This was a conversation a buddy of mine and I had yesterday, and I felt compelled to bring it to this illustrious platform for the best types of advice and counsel.
Is it safe for a Bitcoin trader to quit their jobs and focus solely on Bitcoin trading if they can devote their time and attention to maximize the benefits in the Bitcoin world?
No! That is my personal opinion.This was a conversation a buddy of mine and I had yesterday, and I felt compelled to bring it to this illustrious platform for the best types of advice and counsel.
Is it safe for a Bitcoin trader to quit their jobs and focus solely on Bitcoin trading if they can devote their time and attention to maximize the benefits in the Bitcoin world?
Your job provides you with a consistent monthly income in the form of a salary, and it may be your only source of income; it is a reliable source of income because you know the money will arrive at the end of the month or as agreed; while Bitcoin trading is something you will have to learn about first, the risk involved in crypto and Bitcoin trading is very high due to volatility, and the market can go bearish, making it difficult to make a single profit.
As a result, I recommend that you stick to your job and learn about Bitcoin Investment, then start small with a portion of your monthly income for Bitcoin trading until you are perfect at it, and then decide if you feel safe enough to quit your job.
As a young person, I am overwhelmed by my curiosity in trading Bitcoin, but I'm not sure if it is appropriate for me to resign my white collar work and return to trading exclusively Bitcoin.
This was a conversation a buddy of mine and I had yesterday, and I felt compelled to bring it to this illustrious platform for the best types of advice and counsel.
Is it safe for a Bitcoin trader to quit their jobs and focus solely on Bitcoin trading if they can devote their time and attention to maximize the benefits in the Bitcoin world?
So you started to have thoughts such as why I need to work for someone for few hundred dollars when I can make that in a day?This was a conversation a buddy of mine and I had yesterday, and I felt compelled to bring it to this illustrious platform for the best types of advice and counsel.
Is it safe for a Bitcoin trader to quit their jobs and focus solely on Bitcoin trading if they can devote their time and attention to maximize the benefits in the Bitcoin world?
Then you need to understand the outcome as well, most people who quit their job because of their short term success in crypto trading regretted their decision so its clear don't do it unless you have other source of income which will give stable income.
FYI, I have a friend who is working at manager level on a company for around 15K USD monthly income meanwhile he is doing lot other stuffs and FYI, he made few millions in the last 6 months via affiliate marketing, content creation, sponsor and paid to be a motivational speaker on weekends and you know he still continues the 9 to 5 job and managing to work in the remaining time.
As a young person, I am overwhelmed by my curiosity in trading Bitcoin, but I'm not sure if it is appropriate for me to resign my white collar work and return to trading exclusively Bitcoin.
This was a conversation a buddy of mine and I had yesterday, and I felt compelled to bring it to this illustrious platform for the best types of advice and counsel.
Is it safe for a Bitcoin trader to quit their jobs and focus solely on Bitcoin trading if they can devote their time and attention to maximize the benefits in the Bitcoin world?
This was a conversation a buddy of mine and I had yesterday, and I felt compelled to bring it to this illustrious platform for the best types of advice and counsel.
Is it safe for a Bitcoin trader to quit their jobs and focus solely on Bitcoin trading if they can devote their time and attention to maximize the benefits in the Bitcoin world?
It's critical to understand that trading Bitcoin may be a very volatile and dangerous activity. While there is a good chance of making money, there is also a good chance of losing money. Therefore, having a thorough understanding of the cryptocurrency market, its background, and its current tendencies is essential.
Additionally, it's crucial to have a well-thought-out strategy that accounts for potential risks and rewards as well as knowledge of the tax repercussions connected to cryptocurrency trading.
It's important to think carefully before leaving your white-collar career to devote all of your time to Bitcoin trading. It's crucial to take into account your financial commitments, including bills, rent or a mortgage, and other expenses.
Is it safe for a Bitcoin trader to quit their jobs and focus solely on Bitcoin trading if they can devote their time and attention to maximize the benefits in the Bitcoin world?
This will be a wrong decision. There's so much competition going on in the world. Once you lose something, it's really hard to get it back. And when it's your source of income, don't lose it. You are getting a constant income from your job, then keep it. Doesn't matter it the amount is low. Grab every opportunity you can get. Bitcoin trading is a risky business, and even if you are a pro, you can not predict the market movements with 100% accuracy. Bitcoin trading should always be the second option, or something you can do while keeping your job. When you see other people gaining success with trading, you feel like you can do that too. But the journey is very difficult and it takes time.
Learn it and become a master at it. Make a savings for emergency situations. Make another account in where you will only store the money you are willing to trade with. Never use the money you only have. Create an environment where trading losses will not affect your daily life. Make a good plan for risk management. Most important is to have control over your emotions. If you can manage all this, then you can jump right into trading. Also remember, there are other things to learn too. What I am saying here is just the basic knowledge. DYOR
As a young person, I am overwhelmed by my curiosity in trading Bitcoin, but I'm not sure if it is appropriate for me to resign my white collar work and return to trading exclusively Bitcoin.
Why will you resign your white collar job because of your bitcoin trading? Is your white collar job affecting your bitcoin trading in anyway? Don’t let people push you to leave your white collar job for trading, don’t even try it, I have seen people that have tried it before and they ended up regretting their actions. You might be trading now and you will be making money, when their will be problem a is during the bear market, you might not be making much money during bear market compare to during bull run, only professionals are always making during bear market and they might not be making much money. Most beginners are always losing money during the bear market, what will happen when the bear market start and you are not making enough money like before, how will you be surviving.Is it safe for a Bitcoin trader to quit their jobs and focus solely on Bitcoin trading if they can devote their time and attention to maximize the benefits in the Bitcoin world?
Everything depends on your caliber and capacity. If you are capable enough to do trading and that with profits, then yes you should completely focus on that and you need not to have to focus on other jobs. But if you ask for a suggestion from me, then I would advise you that make trading as a secondary source of income. As trading according to me is not sure money. And in order to survive , you need to have a stable yet small source of income. In trading risks involved are very high, so with high risks, a normal life cannot be lived.
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