Can our work be turned into a full-time investment? - page 3.

EarnOnVictor

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Quote from: Tommiewill on November 10, 2022, 01:15:03 AM

Under the current situation, many companies are facing bankruptcy or layoffs at any time, and we do not know what we will face tomorrow.
Do we need to switch our jobs to online jobs or a full-time investment in cryptocurrency?If you were fired by the company, would you still find a job you love as quickly as possible?Or you might choose to relax your mind and look for work again after a while.
Do you have better advice for work?

It is easier said than done, I still vote for offline jobs to be the most reliable and dependable if you want to earn well for a living. Online jobs/hustling/investments as the case may be are supposed to be earning you passive income if you do not want to put pressure on yourself. Specifically, dealing with cryptocurrency is risky, people hardly have high reliability on it, especially if they are not such that is well informed about it. Every risky/leveraged asset is not for the weak, though some still survive on them alone.

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Quote from: teosanru on November 11, 2022, 12:24:54 PM

Quote from: Tommiewill on November 10, 2022, 01:15:03 AM

Under the current situation, many companies are facing bankruptcy or layoffs at any time, and we do not know what we will face tomorrow.
Do we need to switch our jobs to online jobs or a full-time investment in cryptocurrency?If you were fired by the company, would you still find a job you love as quickly as possible?Or you might choose to relax your mind and look for work again after a while.
Do you have better advice for work?

I wrote a similar post a few days back as well, a full-time investment cannot be a substitute of any kind of work that you do in your daily life until you have invested like 5 million dollars into a fixed fund which gives you back 200-250k in sort of fixed income each year. Only these sorts of investments can become substitutes of full-time job because other than this markets like crypto are very volatile you'll see it dipping and bearish for 24 months and then it will boom for some time, your daily needs cannot wait for that much long of a time and neither can you create such a big emergency fund for yourselves as well. So it's better to just avoid such thoughts and find a new job which may be right after you are fired or after some while.

He told us that he has saved a lot of money through crypto and that he has also made a lot of money with crypto as well. I think in this case, he knows what he's doing, but he's still not confident enough to make a decision and needs to consult everyone. As long as he has enough knowledge and confidence that he can do better with online work then he can get started with it. Switching jobs is sometimes a risk but sometimes another great opportunity for us to achieve greater success, as long as we have backup plans in place.
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CageMabok

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Quote from: RAppleby on November 11, 2022, 10:12:13 PM

You can invest as a side hustle outside of your day job, but it is not recommended to be a full-time job. Many traders are professional and they live investing every day. They have enough experience to make full-time investments. If you get fired from the company and you want to be a full-time trader, do you have enough money to invest? In addition to the investment money, you must have enough money for your daily life. To prevent accidents from happening, money is urgently needed.

Money is indeed something that many people always need and seek, so it's no wonder that everyone wants to have more than one type of job in order to increase their income. Being a full-time investor is obviously very good and there is nothing wrong as long as one is able to do it properly and wisely because investing in valuable assets is something that is highly recommended and permissible as long as it can be very profitable.

But if you feel burdened with finances in life, it is better to work to earn money on a daily basis than to make investments whose profits are also uncertain and must always understand the risks.

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Quote from: Tommiewill on November 10, 2022, 01:15:03 AM

Under the current situation, many companies are facing bankruptcy or layoffs at any time, and we do not know what we will face tomorrow.
Do we need to switch our jobs to online jobs or a full-time investment in cryptocurrency?If you were fired by the company, would you still find a job you love as quickly as possible?Or you might choose to relax your mind and look for work again after a while.
Do you have better advice for work?

Economic conditions are indeed difficult and this also has an impact on cryptocurrencies, the average market drop is more than 20% this week and makes investors cry, many panic and choose to sell with loss and look for other types of investment, the thing we need to think about is that investment In addition to income, of course we must have many sources of income.

RAppleby

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You can invest as a side hustle outside of your day job, but it is not recommended to be a full-time job. Many traders are professional and they live investing every day. They have enough experience to make full-time investments. If you get fired from the company and you want to be a full-time trader, do you have enough money to invest? In addition to the investment money, you must have enough money for your daily life. To prevent accidents from happening, money is urgently needed.

Genemind

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I cannot consider cryptocurrency investment or trading as a permanent job or something that you can do to make a stable income. Not unless you are getting stable money to trade, or working as a blockchain developer or any stable blockchain job. Online job is in demand nowadays, there are businesses that are looking for virtual assistant around the world and you can find them online depending on what skills you can offer. I've worked in onsite since I graduated college and took the risk of quitting my job and starting working online about a year ago. The opportunity and pay is way better since you get to choose what kind of job you do, and even apply for several jobs as long as there's no conflict with your current job or work hours. There are a lot of ways to find stable means to earn and provide for your family, you just need to look for them. Nothing is stable that's why it's safe to always have a backup plan or back means to earn.

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Quote from: Finestream on November 11, 2022, 12:19:30 PM

Having a full and stable job is good enough, but if you know you can always grow your income because you have the skills and knowledge to pursue on it, then why not? As long as you put passion in your work, regardless if it’s offline or online, that will guarantee success. After all, once we have our own family, we don’t get to work for our own self, but definitely for the benefits that the whole family can get.

Those that I know that have full time job felt the burning out and that's the time they have come to realize that corporate is taking most of their times and they have to do something with it.
That's why, they've learned new and better skills that will make them work easier and get a better job for which they can work flexible at any time as they wish. And those that are still stuck in the typical office setup, they have to upgrade to and make themselves open into working remotely. There are now more opportunities that have been set there for everyone.

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Quote from: lalabotax on November 11, 2022, 03:54:52 PM

I believe it can be, if:
- We have a lot of money to support our lives without having to work.
- We already have our own business, so we will not be confused if we will invest using free money.
- We have several online and offline investments such as investments in business, property, gold, stocks, and cryptocurrencies so that we can get regular and definite passive income without having to work

However, if we don't have anything, then the situation is even more worrying than worrying about being fired from work. So, while we are still working, maximize the results, and don't forget to set aside salary money for future savings and also for investment.

Generally, we need to have multiple sources of income to say that we are safe from financial problems. In this current situation, it is very important to have at least a job to provide our necessities and financial security, if we can see there is an opportunity in the crypto world, make this another option. It is indeed we need to maximize our time and never waste it doing unnecessary things because it was really hard to survive and live comfortably when just depending on a single source of income/job salary.

lalabotax

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I believe it can be, if:
- We have a lot of money to support our lives without having to work.
- We already have our own business, so we will not be confused if we will invest using free money.
- We have several online and offline investments such as investments in business, property, gold, stocks, and cryptocurrencies so that we can get regular and definite passive income without having to work

However, if we don't have anything, then the situation is even more worrying than worrying about being fired from work. So, while we are still working, maximize the results, and don't forget to set aside salary money for future savings and also for investment. Make sure we understand that investing in crypto also has risks and that we are ready. It is better to invest only in Bitcoin which is actually safer than altcoins for the long term.

Rockstarguy

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Quote from: Tommiewill on November 10, 2022, 01:15:03 AM

Under the current situation, many companies are facing bankruptcy or layoffs at any time, and we do not know what we will face tomorrow.
Do we need to switch our jobs to online jobs or a full-time investment in cryptocurrency?If you were fired by the company, would you still find a job you love as quickly as possible?Or you might choose to relax your mind and look for work again after a while.
Do you have better advice for work?

Having a plan to go for a full time investment in cryptocurrency is good but you also need a job. It is terrible to depend in your investment as a source for leaving . The best thing to do is to find a new job or involve in a business that you can depend on, a job will also help you to build and support your investment. Starting and investment and you don't have any plans on how to develop it may later fail . If at all you are to depend on your investment it shouldn't be at the early stage of it, maybe during the stage when it is big enough.

Issa56

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Quote from: Tommiewill on November 10, 2022, 01:15:03 AM

Do we need to switch our jobs to online jobs or a full-time investment in cryptocurrency?

Online jobs and full time investment in cryptocurrency is kind of easy, because you will be working from house, but to be honest I won't advice anyone to completely depend on online jobs because anything can happen to the site at any moment, which incase if anything happens you have to start looking for another job online, which you might not get easily, online job is kind of difficult to get for people in my country, so whenever you lose the opportunity you are having, it will be difficult to get another one.

People think cryptocurrency is a easy way to make money, it might be a easy way to make money during a bull run, but what will happen during the bear market, like the current condition which we are, not everyone can be making money from cryptocurrency during the bear market, so incase when their is bear market how are you going to survive it? Or are you going to sell your investments at lost?
In conclusion I think both cryptocurrency investment and online job shouldn't be a full term job, it should be other source of income.

Quote from: Tommiewill on November 10, 2022, 01:15:03 AM

If you were fired by the company, would you still find a job you love as quickly as possible?Or you might choose to relax your mind and look for work again after a while.
Do you have better advice for work?

I think it's optional, you might want to have a rest first before getting another job, probably you are having other source of income or maybe you are having enough money with you at that moment.

justdimin

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Quote from: TheUltraElite on November 11, 2022, 05:28:00 AM

I would suggest people to have some backup earning method in place even after having a full day job. The current situation of the economy many people may face joblessness where in the backup ends up being a lifesaver.

Cryptocurrency investment is an investment in the first place and so cannot be considered as a backup but a side hustle at the most. I am sure the OP is not one of the bigger pro traders out there, otherwise they would not be asking this question.

Therefore the chance of losing money is very high if done in the wrong manner. Better to look for more "physical" jobs than bitcoin investment.

That’s not possible for everyone unfortunately. I am earning very good amount of money from my salary, I am very happy about it and I do not "need" extra money, of course just like everyone in the world I wouldn't say no to extra money, but wanting and needing it are different things and I do not "need" any right now.

However, even if I needed it, if my job didn't pay this well, then I wouldn't be able to earn more from anywhere else because I do not have any time left, between life and work, I have no time left to work another job, or do anything extra. I do have some ideas that I want to turn into reality, but unfortunately, I cannot do that for now because I lack the time for it.

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Quote from: Finestream on November 11, 2022, 12:19:30 PM

~

There were some cases that people still try to look for another job while being in a stable job. Let's say you work under the government where people claim that there are no career growth plus the pay is......mediocre if not great then after that, people would look to work under F.A.A.N.G (Facebook, Amazon, Apple, Netflix and Google). I am aware of the recent layoffs from Facebook, but I am just putting it as an example on how people would still consider job hopping just for the sake of their career growth.

There are just those people that are not too contented with their "stable" pay and would still look for other opportunities if possible.

Flexystar

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I think you are missing the point here, investing and earning are both different phases of our lives. You earn when you work for it and you invest to earn but you invest you need money. Most of the times these investment has to be your spare money and not the one which is needed for survival. I think investing full time does not exist. You can invest your time on earning money, earning crypto or trading crypto. But you have to have huge bucks lying around your house mate. Wink

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Quote from: Tommiewill on November 10, 2022, 01:15:03 AM

Under the current situation, many companies are facing bankruptcy or layoffs at any time, and we do not know what we will face tomorrow. Do we need to switch our jobs to online jobs or a full-time investment in cryptocurrency?

If we are still hired, it is not a smart move to leave our job and start our online careers. We can try to a lot time to that career slowly until the earnings on that one outweighs our job earnings, but still I won't advice to quit your job. It is better to have more source of income.

Quote from: Tommiewill on November 10, 2022, 01:15:03 AM

If you were fired by the company, would you still find a job you love as quickly as possible?Or you might choose to relax your mind and look for work again after a while.
Do you have better advice for work?

If you have a family to feed, there is no time for relaxation. Obviously I will find a new job asap. And if possible do your job whole heartedly. You can always find sideline jobs, if you still have spare time to spend.

teosanru

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Quote from: Tommiewill on November 10, 2022, 01:15:03 AM

Under the current situation, many companies are facing bankruptcy or layoffs at any time, and we do not know what we will face tomorrow.
Do we need to switch our jobs to online jobs or a full-time investment in cryptocurrency?If you were fired by the company, would you still find a job you love as quickly as possible?Or you might choose to relax your mind and look for work again after a while.
Do you have better advice for work?

I wrote a similar post a few days back as well, a full-time investment cannot be a substitute of any kind of work that you do in your daily life until you have invested like 5 million dollars into a fixed fund which gives you back 200-250k in sort of fixed income each year. Only these sorts of investments can become substitutes of full-time job because other than this markets like crypto are very volatile you'll see it dipping and bearish for 24 months and then it will boom for some time, your daily needs cannot wait for that much long of a time and neither can you create such a big emergency fund for yourselves as well. So it's better to just avoid such thoughts and find a new job which may be right after you are fired or after some while.

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Quote from: Cling18 on November 11, 2022, 11:59:01 AM

Quote from: Tommiewill on November 10, 2022, 01:15:03 AM

In the current situation, many companies are facing bankruptcy or layoffs at any time, and we do not know what we will face tomorrow.
Do we need to switch our jobs to online jobs or a full-time investment in cryptocurrency? If you were fired by the company, would you still find a job you love as quickly as possible? Or you might choose to relax your mind and look for work again after a while.
Do you have better advice for work?

Acquiring and improving our skills will be a big help for us to grab more opportunities from the latest technology-related fields. In the current economic condition where everything is getting expensive, a single job isn't reliable anymore. There should be a part-time or spare job that we should be doing. Crypto Investment would also be a good opportunity to earn and prepare for the future. There are also job opportunities that blockchain technology offers and we only have to be fully equipped with the knowledge about it.

Ive been doing this for how many years and grateful that i do able to make myself do sustain despite on having a day job which i did really able to handle some crypto jobs and other related things which did really

give out some chance for me to make profits.Its really that hard considering you do really need to have a proper time management because if you dont really have this then you cant really be able to handle yourself
on lots of things to get involved into specially having a day job plus having some other things like investment and crypto thingy.Its true that prices do comes high but the salary do still remain the same which means its a total mess up or disaster on someone who doesnt really find ways on how they would really be making their survival on not to find other sources.
So it would be wise if you do really make your step and dont really make yourself behind.

Finestream

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Quote from: Natalim on November 10, 2022, 08:39:46 AM

Quote from: Tommiewill on November 10, 2022, 01:15:03 AM

Under the current situation, many companies are facing bankruptcy or layoffs at any time, and we do not know what we will face tomorrow.
Do we need to switch our jobs to online jobs or a full-time investment in cryptocurrency?If you were fired by the company, would you still find a job you love as quickly as possible?Or you might choose to relax your mind and look for work again after a while.
Do you have better advice for work?

I think we need to be more flexible at this troubled time. We take every opportunity available around as long as we are capable enough to do it. If we are comfortable working online, then go for it. Well, investing in crypto could be just considered a side hustle. Don't focus on it as it was even more stressful, really.
If we are in a full-time job, we can also do part-time. Might be hard but at this time, seems we don't need to think about it but rather think about what we can do to increase our income as long as we are not compromising our health.

Having a full and stable job is good enough, but if you know you can always grow your income because you have the skills and knowledge to pursue on it, then why not? As long as you put passion in your work, regardless if it’s offline or online, that will guarantee success. After all, once we have our own family, we don’t get to work for our own self, but definitely for the benefits that the whole family can get.

Cling18

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Quote from: Tommiewill on November 10, 2022, 01:15:03 AM

In the current situation, many companies are facing bankruptcy or layoffs at any time, and we do not know what we will face tomorrow.
Do we need to switch our jobs to online jobs or a full-time investment in cryptocurrency? If you were fired by the company, would you still find a job you love as quickly as possible? Or you might choose to relax your mind and look for work again after a while.
Do you have better advice for work?

Acquiring and improving our skills will be a big help for us to grab more opportunities from the latest technology-related fields. In the current economic condition where everything is getting expensive, a single job isn't reliable anymore. There should be a part-time or spare job that we should be doing. Crypto Investment would also be a good opportunity to earn and prepare for the future. There are also job opportunities that blockchain technology offers and we only have to be fully equipped with the knowledge about it.

Cookdata

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Quote from: Tommiewill on November 10, 2022, 01:15:03 AM

Under the current situation, many companies are facing bankruptcy or layoffs at any time, and we do not know what we will face tomorrow.
Do we need to switch our jobs to online jobs or a full-time investment in cryptocurrency?If you were fired by the company, would you still find a job you love as quickly as possible?Or you might choose to relax your mind and look for work again after a while.
Do you have better advice for work?

Crypto jobs vacancy is determined by market taste, companies employ more staff during the bull run and lay off many during the bear market. However, if you are a developer that is good at programming, most of the crypto jobs are remote, you need to leave your home to meet the company that wants to employ you, if they want to hire you, they will do an online interview for you and if you are suited for the job role, they will hire you. The advantage of these roles is that programming is similar just that they differ in syntax and arrangements, you can switch easily like a pro and get familiar as if you have been there.

Topic: Can our work be turned into a full-time investment? - page 3. (Read 721 times)