Topic: How many people left their full-time employment to go into Bitcoin? - page 25. (Read 10638 times)
August 23, 2017, 05:26:09 AM
Actually I was working full time recently but as I started working distantly two months ago I split my working day and dedicated it to BTC ventures and trading.
August 23, 2017, 05:16:16 AM
I dont think it's possible to do that right now. What I want to see first is that it's possible to get payed in bitcoin instead of FIAT.
The problem now is that governments give tax releifs to companies that pays in FIAT, whereas if you were payed in bitcoins they could not get tax relief.
Also most people cannot pay for groceries with bitcoin, so once you got your monthly paycheck, you wouldconvert it to fiat, and then we haven't achived anything!
The problem now is that governments give tax releifs to companies that pays in FIAT, whereas if you were payed in bitcoins they could not get tax relief.
Also most people cannot pay for groceries with bitcoin, so once you got your monthly paycheck, you wouldconvert it to fiat, and then we haven't achived anything!
August 23, 2017, 05:06:22 AM
One should never leave his main job for an online job .
Your main job is your real source of income , stable dollars !
Wheras your online job has many variables , that if any one of them isn't met , you could become jobless .
Everyone with a bit of organisation and time-managment can do 2 jobs at a time .
Your main job is your real source of income , stable dollars !
Wheras your online job has many variables , that if any one of them isn't met , you could become jobless .
Everyone with a bit of organisation and time-managment can do 2 jobs at a time .
August 23, 2017, 04:39:10 AM
I also have few friends who left their full time job to focus in cryptocurrency trading and others here in signature campaign. For me quitting your job is not a good idea since crypto is still young but then maybe they already saved enough money to sustain their needs.
August 23, 2017, 04:36:05 AM
When crypto portfolio become so valuable it's more than 20 years working in your day job, and you're making consistently way more money per month you do in one year in your day job, why are you spending so much time there for so little money?
Bitcoin full time is the future of many of us and I'm waiting my turn.
Bitcoin full time is the future of many of us and I'm waiting my turn.
August 23, 2017, 03:55:03 AM
I didn't really leave my job for bitcoin but my contract ended and after that I didn't look for another job,
I just found it more profitable to earn in bitcoin rather than going to some local jobs and in earning bitcoin I am the one who holds my time.
I just found it more profitable to earn in bitcoin rather than going to some local jobs and in earning bitcoin I am the one who holds my time.
Oh Im dreaming this too. Working with your own time. No bosses and no pressure. Like you can work without brushing your teeth, working late at night not worrying if you wake up late.
But for now, I need to do my job but soon as I have enough savings I will quit and focus my life where I wanted to be.
August 23, 2017, 03:08:59 AM
I believe there are a lot of developers who left their jobs not to get into Bitcoin start ups or development but to start their own ICOs. Some of them might already be planning their exit scam while the money is still there. Just another day at work. 
August 23, 2017, 03:05:26 AM
For me, i've never met people who leave full-time employment moving into bitcoin. I think that's just a fraction of the many people who already have full-time employment on their lives. And for me personally i wouldn't leave that full-time employment, and try to divide the time on bitcoin as well. Just a dependency to Bitcoin only, i think it's lacking for me, Bitcoin income for myself is the other side of my main income.
August 23, 2017, 02:54:51 AM
I don't know anyone who has done this but I think there are not many people who replaced regular full time jobs for bitcoion jobs. I also think that they are very brave because you can't count on steady monthly income with bitcoin and this is still very risky. Maybe if you don't have a family to take care of or some other obligations like loans, mortgages and similar then it could be possible.
August 23, 2017, 02:51:08 AM
The question is : Is this not a bit premature to leave your full-time job to focus on something that are not even properly regulated and technologically matured? Some people might argue that early adopters might gain the edge over their competition, if they enter early.
Would you risk a stable income from a full-time job, to gamble on a experiment that has not yet matured?
The Crypto currency scene is very hostile and competitive and whales can still manipulate the value of the currencies. The fiat system is stable and less volatile and has more users.
Would you risk a stable income from a full-time job, to gamble on a experiment that has not yet matured?
The Crypto currency scene is very hostile and competitive and whales can still manipulate the value of the currencies. The fiat system is stable and less volatile and has more users.
1. Bitcoin is still in its early stage so everyone has a fair advantage, might be different in the next 10 or 20 years. Some people hodl bitcoin, others trade, some receive it as means of payment for their services/products. Holders doesn't have to quit their full-time job to focus on bitcoin.
As far as traders are concerned it depends, if a trader is making more money trading than his regular job, then quitting full-time job and focusing on bitcoin is a viable option if he understands the risks, possibile lack of a steady income, lack of a full-time job security. I personally would prefer full-time job/part-time trading.
2. If you are passionate about bitcoin, believe in its technology and future potential then I think quitting your full-time job and starting your own bitcoin startup or being part of other bitcoin related startups is a good option.
3. Keeping your full-time time job and getting paid in BTC for your part-time services or products is the safest option.
4. Yeah, crypto space is hostile, competitive, and can be manipulated to some extent. If you quit your full-time time job and focus only on cryptos, it's somewhat a gamble, it might pay off, may not. A regular job and into bitcoin seems safe.
August 23, 2017, 02:46:34 AM
I was talking to a friend the other day and he told me that two of his friends has left their full-time employment to concentrate on their Bitcoin ventures. < One in Crypto currency trading and the other into imports & exports, linked to ecommerce >
In light of the fact that Bitcoin is still experimental and very volatile, would you say that this was a good or a bad decision and would you do the same?
How many people have done this already?
Actually, leaving the main work then switch to Bitcoin is not a wrong decision, maybe they already know that Bitcoin it is allowed as a main job because of how many people are already earning huge income from Bitcoin, exceeding of their work at the Office. In light of the fact that Bitcoin is still experimental and very volatile, would you say that this was a good or a bad decision and would you do the same?
How many people have done this already?
August 23, 2017, 02:45:08 AM
SO for mw, that is a very wrong decision. Having a full time work is a very stable to think, no worries at all.
I guess they do not mind of the future that maybe someday, bitcoin will crashes out, because actually no one knows about that so why do they change their life time income with unstable and volatile bitcoin?
I guess they do not mind of the future that maybe someday, bitcoin will crashes out, because actually no one knows about that so why do they change their life time income with unstable and volatile bitcoin?
August 23, 2017, 02:42:57 AM
My friends and i won't leave the job to focus bitcoin as it is an important for income. But you can treat bitcoin as a good extra income don't reply in it. I think many people need a job to assure to earn money for families especially to raise kids.
August 23, 2017, 02:41:51 AM
I wouldn't dare to do it.Your friend's friends must be very brave.While the price is keep changing there is a chance that they can't eat anything at the end of month and this is a risk that I don't want to take. 
Surely I love working for bitcoins and if I had a guaranteed salary I would definitly leave my current job.
Surely I love working for bitcoins and if I had a guaranteed salary I would definitly leave my current job. 
August 23, 2017, 02:41:44 AM
I didn't really leave my job for bitcoin but my contract ended and after that I didn't look for another job,
I just found it more profitable to earn in bitcoin rather than going to some local jobs and in earning bitcoin I am the one who holds my time.
I just found it more profitable to earn in bitcoin rather than going to some local jobs and in earning bitcoin I am the one who holds my time.
August 23, 2017, 02:41:15 AM
I was talking to a friend the other day and he told me that two of his friends has left their full-time employment to concentrate on their Bitcoin ventures. < One in Crypto currency trading and the other into imports & exports, linked to ecommerce >
In light of the fact that Bitcoin is still experimental and very volatile, would you say that this was a good or a bad decision and would you do the same?
How many people have done this already?
In light of the fact that Bitcoin is still experimental and very volatile, would you say that this was a good or a bad decision and would you do the same?
How many people have done this already?
I know people who left their job but most of their children had finished studying and is working. Well you can say that they had gome to early retirement and concentrate in their Bitcoin ventures since they work on their convenience which at the same time invests some of their earnings in business.
For me, I wouldn't leave my job since I can manage both my job and Bitcoin ventures effectively. The career I have in my job is important since it is not all about earning money but rather a sense of achievement I have for myself.
I would like to say that it can be considered either a good or bad decision i.e. they had weighed both pros and cons before they made up their mind in doing so. Maybe it is a much better choice in their case?
August 23, 2017, 02:37:20 AM
If the work is worth it, I would not quit, but if the other way round I will also quit. bit coin is rewarding enough if one can make a wise use of it like setting up a business.
August 23, 2017, 02:25:03 AM
I was talking to a friend the other day and he told me that two of his friends has left their full-time employment to concentrate on their Bitcoin ventures. < One in Crypto currency trading and the other into imports & exports, linked to ecommerce >
In light of the fact that Bitcoin is still experimental and very volatile, would you say that this was a good or a bad decision and would you do the same?
How many people have done this already?
We all know that having a job is important and bitcoin is a good extra income so don't rely in bitcoin. You can do both at the same time. In light of the fact that Bitcoin is still experimental and very volatile, would you say that this was a good or a bad decision and would you do the same?
How many people have done this already?
August 23, 2017, 02:22:53 AM
I've heard about two guys who recently left their jobs to organize a mining farm from Ethereum. Personally, I'm not going to quit my job as a software engineer unless bitcoin rises to much higher levels allowing me to live independently using my savings. I would not rely on mining and/or trading.
August 23, 2017, 02:17:44 AM
I am wondering what 'goind into Bitcoin' really means.
There are many people who simply change their employer. Like all thos guys working for bitpay.
They have quit their old job and now work for another company.
And then there are those people, I would consider them to be self employed. Traders for example.
But if you are asking about a number of how many people make a living from bitcoin in any kind, I would say there are not much more than a couple of thousand.
There are many people who simply change their employer. Like all thos guys working for bitpay.
They have quit their old job and now work for another company.
And then there are those people, I would consider them to be self employed. Traders for example.
But if you are asking about a number of how many people make a living from bitcoin in any kind, I would say there are not much more than a couple of thousand.
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