Topic: Is it a good idea to drop out from college and invest in Crypto Currencies? - page 3. (Read 2011 times)

Study and spend your free time investing with any spare money you can afford to lose. Dropping out for BTC isn't a good idea.

You can't say for sure that all these coins or cryptocurrencies will be around for certain in the future.

finish the college,then do whatever you want

cryptocurrencies aren't going anywhere but if you drop out it's going to be hard coming back later..

you dont have to go to college to learn.  invest in crypto 

If you decide to do this, I guess college wasn't a ideal solution for you.  You are supposed to get smarter...

It really depends what year you are in. If it is just the first year you can consider

Not only is this a good idea, it's a brilliant idea

Sounds like one of the worst decisions you could possibly make

The other thing to consider is if you would even be able to do any investing in BTC? If you barely have enough money to attend college, then how would you survive off of investing? It takes a large amount of capital to live off the profits from investing, where are you getting that kind of capital?

I do not think this is a good idea at all. A key rule to investing is if it payed off would you be happy (Obviously) but if it failed would you be happy (Not at all). I do not think you should drop out of collage and invest in BTC. Perhaps trying to get a job and finishing up collage would be a better idea for now.
-AM

This is true and all good advice. We need more details, but only you know what's best for you. The stress or no money an d not being able to afford college might not be worth the hassle; but at the same time maybe the opposite is true and you should persevere.

OP: what are you studying in college? Some career paths require a degree more than others. If you want to be a business owner, then you need money and drive, not a diploma. If you want to be a programmer, college degrees might not do as much good as just sitting down and learning it yourself. But if you want to be an accountant or chemist or engineer or doctor or lawyer, nobody will hire you without the relevant degree.

Dropping out of college to do something else is a double-edged sword. You could win big eventually, or you can lose and then have no money and no qualification, but you don't necessarily need qualifications to get ahead in life, just drive and determination.  And as above said, why not do both? Work really hard and invest some money in coins whilst you study; maybe it'll pay off or maybe it wont. It's risky either way but only you can decide. You can always go back to college later right?

I agree that traditional education is severely lacking for those heading into creative professions. Nonetheless, doing a course to gain the necessary knowledge (with a diploma/degree or not) to accomplish what you want to do (let's say you want to become a VFX compositing artist) definitely wouldn't hurt. The point is, you can indeed be self-taught in anything you want, but it's not always the right path to take.

For example, if the op wants a career in finance, without some form of diploma/degree/certification, he could be shit out of luck.

All in all, I find that education can definitely open a lot of doors that could otherwise be shut. On the flip side, NOT having a degree/diploma could very well close certain doors that may be desired by certain people. So to answer your question, to me a decent future is one where I am able to choose which options I want and which I may not want. If you consider three years of college education a "waste of time" since you're missing out on "life" for those three years, that's your prerogative. Others might take those 3 years, get a formal education and "live life" at an even more rewarding and higher level than you.

A life with no education might cater greatly to some due to the more numerous opportunities to "live life" as it were, but it's not the kind of life that's recommended for the majority (98%+) of people.

But that's just me.

im serious! as much as it is possible be serious in words. what you consider decent future? being dumb? even with money? only good life messure is the brain power, because with brain power you can make everything else, education these days = get a paper which will convince hiring companies that you are good slave(as in you will cope with bullshit well), for any position which do not require slave labour, like anything creative only factor is what you can do and your past work(portfolio), if you focus on your education basicaly means you giving up on life.

To some, college does represent unexpected chaos. While I do agree that getting "real life experience" should either be part of one's education or take center stage before starting a serious career, I don't think it should come at the expense of a formal education, should one be able to pay for it. I agree that falling flat on your nose in life is necessary to advance and round out your life, but it shouldn't come at the expense of something that can help guarantee at least a decent future.

If your post was meant to be completely sarcastic with a hint of irony, carry on!

Why not do both?

Have you considered transferring to a cheaper college?

Do some work on the side and ask to be paid in bitcoins?

I don't think investing in BTC should take up all your time, what would you be doing with yourself the rest of the time?

Do what you want. No one can decide what you would like to do personally, just remember investing always has big risks and you will have to monitor the market very closely. If you enjoy college then you can always do both.

such notions are complete nonsense! if you want invest in your future you get brain power!!!! best way to get brain power is to throw oneself into unexpected chaos!!! the main reason why most people are not getting nothing good out of it, is cause when they go into chaos they panic and just try desperate to get out, that is not how to do it! once you make a step from rigid robotic instruction life, to a normal human life you should aproach it do or die way and then you will see trough bullshit and your life will reach perfection as much as it is humanly possible!

i totaly encourage you!!!!!! droping out of collage is always a good thing wether you will invest in something or not!!!! ofc easy for me to speak im hardcore wild motherfucker!!! join the homeless tribe www.homelesstribe.com !!