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Topic: I quit my job to do full-time crypto-trading. Made 12 BTC profit last month - page 50. (Read 10811 times)

legendary
Activity: 2548
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
It seems to me a very important decision, because now many things are taken into account in order to understand the speculative market, if you enter bitcoin you are very likely to begin to understand the bitcoin market based on supply-demand, how it moves and what are the causes.

For this we must also understand the analysis point for the altcoins why they fall in price when the bitcoin rises in price or why they fall in price when the bitcoin goes down, this means that the crypto market has some things and details that are They must defend and take into account to speculate and to make investments.

If you have so many years in trade and 4 years in cryptp you should probably keep in mind that the market is currently going through an accumulation stage, and it is important that it is the best way to invest, and if you decide to speculate it is following the market direction, or the line of least resistance.
member
Activity: 259
Merit: 10
8200 lvl strong broken out
That was a great time to long, waiting for the next movement



Wow, one more beautiful deal. Man, do you ever sleep?
hero member
Activity: 2674
Merit: 585
Leading Crypto Sports Betting & Casino Platform
Was increasing the position on BTC/USDT at Binance and now cannot wait to combine the leverage with the position growth to multiply earnings



Keen on leverages, hope to see it at Binance soon


Personally I do not care about the news on margin trading on Binance. Yeah that's cool, I see the development

But for me it seems to risky. Had some negative experience and still trade without margin

Growing position is great. Sometimes i just feel like i have not enough patience to wait for rollback. Could u please dhare more deals you've made?
And probably the leverage u use
It is pretty evident that if you are leaving work and starting trading, the income that you would get from trading before would not be there. If you had been using that income to meet the instant needs of the family, you need to have a source for that, preferably a passive source which would help you pay the bills and focus on trading your coins. Without this, it is going to be hard for you to focus.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
actually we could making trading as part time job.we have more time after we trades,cause its only need few time, maybe only around two or three hours to analize coins and chart.

Yes, that is a good suggestion, but he already decides to quit from his job and do full-time crypto trading. We could only give supports to him so he can always get the profit and he can improve his skills, so he doesn't have to get a problem in trading. That will be a good lesson for us if we want to get something, we need to sacrifice something from us so we can stay focus to reach what we want.
sr. member
Activity: 698
Merit: 251
Do you think this is mature, because this is a financial decision, and also the crypto market is currently difficult to predict, and makes traders a lot of loss, hopefully you are lucky

yes markets will not be same always depending financially on trading is difficult we dont make profits daily we lose also , some alternate source would be better  
member
Activity: 686
Merit: 10
OP has not chosen the right path because trading is an unpredictable one when the coin price is going to increase. I think you can trade the coin while working for the main Job too, it is completely impossible to predict the prices and some time it might more than a year to recover the prices. So you should always plan it in the right way instead of stuck in the middle of trading.
legendary
Activity: 2338
Merit: 1124
full time trader needs to make consistent profits in all conditions this is what stopping me from being full time trader if any of here is full time trader I would like to know how they manage
This is the ultimate goal of every trader, to make consistent profit and I don’t see any reason why this should be scaring you away. If you are not using your emotion to trade and you have gotten all the necessary knowledge and skill to trade, then you are good to go. All you just need to do is to always watch out for the best time to place your order and the best time to sell your order.

The trade could be par day depending on the volatility of the market during that period or it could be a seasonal trade. If you really want to be consistent in taking profit, just make sure you are not greedy, take your profit every time you see the chance to do so no matter how little and not wait till you grab a big profit before you close your trade for that period.
member
Activity: 434
Merit: 34
8200 lvl strong broken out
That was a great time to long, waiting for the next movement

hero member
Activity: 2072
Merit: 503
In general, if there is a constant price movement, and you are good enough in this, and there is a small buffer or, let's say, a supply of fiat money. It is quite possible to leave work and live in a crypt.
It is not impossible to leave work and start trading crypto but it is also important to have a backup plan if you are thinking of leaving your job and entering the crypto thing which is a business of no promise. You do not get to make money all the time which might be a bit tough for you and family if you have one. And finally, it is okay to get into crypto trading if you have enough money to tackle both things in the same time.
income that can be obtained from trading is indeed very large, even this is greater than the salary that we usually get in one trade. well, that only applies to those who have a lot of money, and those who are ready to take risks. for me, maybe getting out of work is a bad idea. sometimes the work is also very good, and trading also doesn't need to be done for 8 hours.
legendary
Activity: 2716
Merit: 1017
Join the world-leading crypto sportsbook NOW!
Getting out of major job means you have to bear the risk. That is because working as a full time trader does not always produce profit, there are times when the market goes down and stops at a point with a long time making income will be slightly hampered. While you can divide your time by working on the major job and also as a trader there is no need to make a decision to leave the main job.
hero member
Activity: 1148
Merit: 527
Hey. I'm Mark. Shortly about myself: quit my major job to earn my way by trading and it exceeded my expectations. What I got from it that everything is possible, guys.

Here will be the deals I make, some of the stuff to continue the learning curve and anything I found interesting to share with you.
Disclaimer: None of this is financial advice, do your own research, share and earn.

[ 12 years in trading, 4 years in crypto trading ]

Here's one of them:


Each deal is a piece of art

I don't understand something here… you said you have done trading for twelve years and crypto trading trading for four years? Which job did you quit exactly? An office job or your trading business? If it worked for you, then it wouldn't work for others. You took a big risk if it was an office job that you quit, because crypto trading is a very risky job for anyone to do and you're not even sure about what is going to be your achievements in it, so for me it's not reliable. I will prefer to still have my job and do cryptocurrency part time, at least the money I make from my office job is more than what I get from trading cryptocurrency, so I had rather have crypto trading as a part time job.
sr. member
Activity: 882
Merit: 250
Exactly, you are very similar to my friend who chose to do full-time trading and with that decision he could focus more on doing research and the results he could be successful at this time. Hopefully you can also be successful with your decision.
This is really good way then, I would like to talk with your friends to take some tips to become good trader, we are in modern age I know it is not very hard to get information about trading but learning from experienced people makes much difference in our earning from full time trading, as much as time we spend in trading we get experience and increases our chances of earning from it.

It is his choice and we can't even help him if he wants to quit his job and be a full-time trader. Only just be sure that everything will be fine with your trades otherwise, you'll be regretting why you've made such decisions.
What happens to your friend is something in a different situation may be, I just thinking it by then but somehow I feel not ready and my funds aren't huge enough to sustain if ever when I get lost in trading.    
It is a great decision to do full time crypto trading only if you can do it on large level because it would be a bad decision to start it without have enough money that can handle all your expenses. For me, trading life time in the crypto source is a great idea but one must be learning and getting through the technicalities and the knowledge based on crypto only then it is possible to have a great future here.
actually we could making trading as part time job.we have more time after we trades,cause its only need few time, maybe only around two or three hours to analize coins and chart.
hero member
Activity: 2576
Merit: 582
Leading Crypto Sports Betting & Casino Platform
In general, if there is a constant price movement, and you are good enough in this, and there is a small buffer or, let's say, a supply of fiat money. It is quite possible to leave work and live in a crypt.
It is not impossible to leave work and start trading crypto but it is also important to have a backup plan if you are thinking of leaving your job and entering the crypto thing which is a business of no promise. You do not get to make money all the time which might be a bit tough for you and family if you have one. And finally, it is okay to get into crypto trading if you have enough money to tackle both things in the same time.
hero member
Activity: 2772
Merit: 645
No dream is too big and no dreamer is too small
As of now, that was the big mistake you commited. Leaving your job for crypto trading is a big no for me. I don't like to risk my work just to fill up my trades. As a matter of fact, I want to double up my time and try to look for a long term position in the market. If you want to become reach then be industrious and clever.
That is a risky move, however, if that would bring success to a person, it should be the right move.

Focusing on trading because you have proven you can be profitable is the right way to do, your job gives security but we all know
it could not fulfill our best desire in terms of financials. Also, having a job even if how successful we are, that does not maximize our income, in fact it will only benefit the company we are working, but trading on our own could give us all the benefits if we will have the success.
hero member
Activity: 2674
Merit: 585
Leading Crypto Sports Betting & Casino Platform
Exactly, you are very similar to my friend who chose to do full-time trading and with that decision he could focus more on doing research and the results he could be successful at this time. Hopefully you can also be successful with your decision.
This is really good way then, I would like to talk with your friends to take some tips to become good trader, we are in modern age I know it is not very hard to get information about trading but learning from experienced people makes much difference in our earning from full time trading, as much as time we spend in trading we get experience and increases our chances of earning from it.

It is his choice and we can't even help him if he wants to quit his job and be a full-time trader. Only just be sure that everything will be fine with your trades otherwise, you'll be regretting why you've made such decisions.
What happens to your friend is something in a different situation may be, I just thinking it by then but somehow I feel not ready and my funds aren't huge enough to sustain if ever when I get lost in trading.    
It is a great decision to do full time crypto trading only if you can do it on large level because it would be a bad decision to start it without have enough money that can handle all your expenses. For me, trading life time in the crypto source is a great idea but one must be learning and getting through the technicalities and the knowledge based on crypto only then it is possible to have a great future here.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
I tried to do it once

But failed

We need a job to supply our crypto thing lol
Tried is twice and I still failed especially when the market is down and it forced me to look for a stable job. Its ok to go full time if you can handle the risk, and can work well in cryptotrading. Most of the full time trader succeed on that because they are talented and hard working trader. We can all be like them, its a matter of time for us to learn and I’m still working for that ambition to do full time here in cryptomarket.
hero member
Activity: 2912
Merit: 613
I tried to do it once

But failed

We need a job to supply our crypto thing lol
Well, OP has covered already that's why it is not that hard for him to make some profit. With the 12 years experience then switching to crypto 4 years what would you expect compared to beginners? Cheesy

Don't switch your major job if you aren't covered up already because it will ruin you in this market because of the volatility that quickly changes every minute you might end up bankrupt.
I agree. It might be a bad idea leaving your own job just for crypto trading. There are a lot of risks in crypto trading. But i also knew a friend who quitted his own job and only focus in crypto trading and investment and up to the present, he is still living a luxurious life because he had made a huge income already more from what he is expecting from crypto trading.
member
Activity: 560
Merit: 13
As of now, that was the big mistake you commited. Leaving your job for crypto trading is a big no for me. I don't like to risk my work just to fill up my trades. As a matter of fact, I want to double up my time and try to look for a long term position in the market. If you want to become reach then be industrious and clever.
hero member
Activity: 2170
Merit: 528
I tried to do it once

But failed

We need a job to supply our crypto thing lol

If you keep thinking like that you'll be working all day to later lose it all on trading. If you have a hobby you should be the best you can at it and use all opportunities to learn. Take notes if you have to, buy books, take courses! A guitar player who plays for an hour once a week will never be good. Trading is the same!
If you're losing money you're doing something wrong. Learn to do it right or stop trading.
sr. member
Activity: 2506
Merit: 368
I tried to do it once

But failed

We need a job to supply our crypto thing lol
Well, OP has covered already that's why it is not that hard for him to make some profit. With the 12 years experience then switching to crypto 4 years what would you expect compared to beginners? Cheesy

Don't switch your major job if you aren't covered up already because it will ruin you in this market because of the volatility that quickly changes every minute you might end up bankrupt.
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