Can our work be turned into a full-time investment? - page 4.

isaac_clarke22

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Quote from: sulendra12 on November 10, 2022, 04:12:50 PM

The best thing you could do for online jobs are doing commission-based jobs. Even then you can't just rely with it because sometimes you can't get customers in several days or even weeks if you are unlucky. Also it requires some skill before offering your skill to the customers, if you don't have that then you have to learn it first. It might be better to start new skill during your free time for worst possible case.

Sometimes you could possibly get a long-term customer. Let's say you are a web dev and your customer AKA your client wants you to maintain their site and add new features as pleased, it almost becomes like a full-time job except that you do not need to be present at all times since you are just freelancing for them and not really a full-time employee under their business or company.

You are really accurate that it requires a skills, specifically marketing skill, to offer your skill to clients. How would you sell yourself to prospective clients while standing out to hundreds to thousands of people trying to make a proposal to the said clients? Pricing yourself is also another one thing to consider when doing these. Are you undervaluing or overvaluing youself?

TheUltraElite

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So anyway, I applied as a merit source :)

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.

Paul Pogba

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Of course you can, with investment we can get big profits even bigger than working actively, the easy and safe thing right now is staking, many projects offer APR offers of up to more than 100% so that it becomes a good opportunity to profit and make money.

Minecache

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Quote from: Tommiewill on November 10, 2022, 09:41:16 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?

Please let me continue. I've been into cryptocurrencies for a long time, and for a while I did full-time investing in cryptocurrencies. Made a lot of money in cryptocurrencies, but also lost a lot of money (I think this is normal, no one can make money all the time).
The company I work for is not doing well right now. With layoffs in mind, I think I should find a way back for myself. I have also saved a lot of money over the years. I want to immigrate to Ireland, I love it, but I learned through friends that cryptocurrencies are banned in Ireland, so I'm wondering if investing in cryptocurrencies should be my main job.

Well, you already have experience in the market and you already know all the benefits and risks that cryptocurrency offers you, I think you don't need to ask anyone else but you can decide for yourself because no one understands you better than yourself.
If Ireland bans cryptocurrencies and you move there, you won't be able to fulfill your intentions. I don't know what the law is in Ireland, but I advise you not to break it, it puts you at great risk. You need to research carefully before deciding to move there.

valeneu

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Investing is risky and you cannot rely solely on cryptocurrency investments.

Quote from: Oilacris on November 10, 2022, 03:56:51 PM

In todays era, then everything cant really be sure off even with your day stable job which it cant guarantee that you would really be remaining forever which it would really be just wise for you to do so

on finding another source of income or lets just say as a side income or job which you could able to sustain yourself and made out more money aside from your salary on which you could really make

out some savings and potentially could able to make out some investment.The more the better since you could be having various sources and on the time that there were some laying off
situations then you could be able to bare it out such condition.

It does. In the current situation, many jobs have become unstable, and the crypto market is not very prosperous. It is not optimistic to rely on investment to make profits. There are many ways to obtain income to meet daily needs.

Swordsoffreedom

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Quote from: Tommiewill on November 10, 2022, 09:41:16 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?

Please let me continue. I've been into cryptocurrencies for a long time, and for a while I did full-time investing in cryptocurrencies. Made a lot of money in cryptocurrencies, but also lost a lot of money (I think this is normal, no one can make money all the time).
The company I work for is not doing well right now. With layoffs in mind, I think I should find a way back for myself. I have also saved a lot of money over the years. I want to immigrate to Ireland, I love it, but I learned through friends that cryptocurrencies are banned in Ireland, so I'm wondering if investing in cryptocurrencies should be my main job.

As you said, you have prepared yourself a large amount of money and you have also experienced in the crypto space, even made a lot of money from it. With all these good factors, switching to full-time crypto investing is a logical decision for you, I think there should be no problem for you, but your problem is a legal one, I'm not from Ireland so can't give you advice in this case.
You try to find a native and ask explicitly about using crypto there, how is it banned, whether they ban it completely or only partially. Like my country, they ban bitcoin as a payment method but still allow people to buy and sell cryptocurrency as a commodity.

noorman0

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[Nope]No hype delivers more than hope

Quote from: Tommiewill on November 10, 2022, 09:41:16 PM

-snip-
so I'm wondering if investing in cryptocurrencies should be my main job.

Up to a certain amount of capital then yes, but it needs to be balanced with a good investment experience to guarantee that you will still earn even in the midst of crypto crashes.
The general advice that don't invest in high volatility makes sense when looking at the timing of making ends meet cannot be tolerated in any way. On the other hand, you have to tolerate a lot to enjoy investment returns, even more so as the current market conditions seem impossible.

Tommiewill

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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?

Please let me continue. I've been into cryptocurrencies for a long time, and for a while I did full-time investing in cryptocurrencies. Made a lot of money in cryptocurrencies, but also lost a lot of money (I think this is normal, no one can make money all the time).
The company I work for is not doing well right now. With layoffs in mind, I think I should find a way back for myself. I have also saved a lot of money over the years. I want to immigrate to Ireland, I love it, but I learned through friends that cryptocurrencies are banned in Ireland, so I'm wondering if investing in cryptocurrencies should be my main job.

Lien Uiryen

newbie

Activity: 18

Merit: 0

Do you make investing your main job? Like an analyst?
You have to have enough experience. To be honest, this industry can make a lot of money, but it is very dangerous. It is very likely that you will become nothing in an instant. You must make enough money first. Think of investing in cryptocurrencies as a side business.

Darker45

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Perhaps instead of asking whether one could still find a job one loves if one is fired from his/her company, the pertinent question probably is: do you even love your job? If you have the money, would you still be doing the same job today? Is that the kind of job that you dreamed of when you were young, promising, hopeful, and idealistic?

If you really love your job and not only forced to take it for the sake of supporting your existence, then why move to another one? Either way, however, investment in cryptocurrency is not a replacement for a job that pays regularly.

lienfaye

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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?

Why not? Online jobs are indemand nowadays (e.g virtual assistant, cs representative, bpo home based etc.). It depends on your skills because many people are able to switch working from home. Aside from the convenience, the salary is also good. On the other side when it comes to crypto, you should be knowledgeable and has a capital to start. It's profitable but it takes time since you can't always profit specially during bearish season. If you're going to be a trader, experience and strategy are necessary. You can work full time but the income might not be stable.

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?

You can answer this for yourself because if you have a family to feed and don't have savings it's a must to find a job as soon as possible. We can't say if you can find one quickly since this depends on what kind of job you're applying for plus your qualification.

ChiNgadOr

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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?

This is a trying time for us now especially those people that are salary earners. Companies are into difficult time now and they had reduced their workers just because if what is currently happening now that things are becoming expensive whereby paying workers might looks very hard for some companies. Even though what we are doing now can not be generalized as a full term job because there are some person that are looking for an extra paying job, we still need to had in to what we are doing to pay bills and settle other things.

TelolettOm

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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?

No need to switch jobs, just add more jobs.
If you have a good job in real life, you need to continue your job. Online jobs should be side jobs, don't rely on the jobs only.

Full-time investment is not an ideal job to get a regular income. This job only works if you have extra money and eager to wait for the profits a long time.

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?

We can expect to get a new job as quickly as possible, it depends on how lucky we are.
That's why we need to have side jobs. It will be very helpful if we are fired from our main jobs.

AmoreJaz

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Quote from: Minecache on November 10, 2022, 06:06:46 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?

Yup, it's best to prepare a backup plan for yourself, especially in tough economic times like today. But like what you said, you are still working at a company, they have not decided to fire you, there is no reason for you to quit. Why not do both at the same time to increase your income because you can invest in your spare time?

Investing can be profitable but can also have losses so don't make it a full-time job. It's not a wise choice but an online job or online business is not a bad idea as it is stable and risk-free compared to investment.

from what we are facing today, it is best to have other sources of income and not rely on only one. if you can accommodate another job or hobby, that will give you extra income, why not? being prepared is better rather than wasting your time and money to unnecessary things. we are faced by uncertainties, so help yourself while you can.

Minecache

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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?

Yup, it's best to prepare a backup plan for yourself, especially in tough economic times like today. But like what you said, you are still working at a company, they have not decided to fire you, there is no reason for you to quit. Why not do both at the same time to increase your income because you can invest in your spare time?

Investing can be profitable but can also have losses so don't make it a full-time job. It's not a wise choice but an online job or online business is not a bad idea as it is stable and risk-free compared to investment.

dunfida

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Quote from: Rengga Jati on November 10, 2022, 05:29:52 PM

One of the risks of working for a company, agency, institution, or otherwise, is that we do not know when we will leave or be laid off from the job. This does not guarantee, unless we are civil servants, maybe this will be different although it does not guarantee 100%. However, only relying on online work or investing in cryptocurrency 100% is also not a wise and good way, because this will also not guarantee 100%.

Then what should we do? This is the importance of having good self-management and self-improvement all the time. It would be better if we still have a job or business in the offline world. However, it would be better if we have side jobs or other activities even if only for a while in the online field. The online field is not just cryptocurrencies. But if you really want to be in the crypto business world, it would be better if we go deeper and understand it first. Regarding investment, if we invest in altcoins, the risk will be very large, especially if it is shitcoins. Therefore, investing in Bitcoin will be better, it does not guarantee 100% but if for the long term, then this will generate better and more profits.

Voluntary resign or being laid off which these are the only things which could possibly happen into you when you are really having that day job which you cant really be having an assurance that you could really be having

a job like forever.This is why having an investment is the most ideal action to be made up by someone.Just like the rest been saying is that if you do have the investment or other various sources of income then

you could really be able to survive when it comes or pertains about having money since you could buy everything that you do need which is far more better compared
into those people who had none other sources.

Rengga Jati

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One of the risks of working for a company, agency, institution, or otherwise, is that we do not know when we will leave or be laid off from the job. This does not guarantee, unless we are civil servants, maybe this will be different although it does not guarantee 100%. However, only relying on online work or investing in cryptocurrency 100% is also not a wise and good way, because this will also not guarantee 100%.

Then what should we do? This is the importance of having good self-management and self-improvement all the time. It would be better if we still have a job or business in the offline world. However, it would be better if we have side jobs or other activities even if only for a while in the online field. The online field is not just cryptocurrencies. But if you really want to be in the crypto business world, it would be better if we go deeper and understand it first. Regarding investment, if we invest in altcoins, the risk will be very large, especially if it is shitcoins. Therefore, investing in Bitcoin will be better, it does not guarantee 100% but if for the long term, then this will generate better and more profits.

coupable

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From the title of the topic, I understood whether it was possible to convert the paid work into a fixed investment.
If you are able to invest in your effort, knowledge or money, the recession period in the global economy may not affect your economic balance much, especially if the profits are fruitful.
Investing in digital currencies is a good opportunity to increase income, but it cannot be relied upon alone, but it is desirable that it be in the form of a second job. It is also recommended that the investment be very thoughtful before trying it, whether it is in crypto or any of the digital assets.

sulendra12

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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?

The best thing you could do for online jobs are doing commission-based jobs. Even then you can't just rely with it because sometimes you can't get customers in several days or even weeks if you are unlucky. Also it requires some skill before offering your skill to the customers, if you don't have that then you have to learn it first. It might be better to start new skill during your free time for worst possible case.

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 do some commission-based jobs from writing articles and programming, so I can search for new jobs because I have experience to actually enroll some.

Oilacris

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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?

In todays era, then everything cant really be sure off even with your day stable job which it cant guarantee that you would really be remaining forever which it would really be just wise for you to do so

on finding another source of income or lets just say as a side income or job which you could able to sustain yourself and made out more money aside from your salary on which you could really make

out some savings and potentially could able to make out some investment.The more the better since you could be having various sources and on the time that there were some laying off
situations then you could be able to bare it out such condition.

Topic: Can our work be turned into a full-time investment? - page 4. (Read 721 times)