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Topic: Is It advisable to quit my present job for bitcoin? - page 126. (Read 14094 times)

member
Activity: 105
Merit: 100
Bitcoin trading these days has become so rucreative that I am tempted to quit my present job which is not giving me enough time to explore more out of bitcoin world...

What's your take on this, should I go ahead and quit?

Thanks

Well if we have enough Bitcoin that could sustain our financial needs for a lifetime that would be advisable to quit the current job. But Even if I quit my job I would still put up a business that would keep me busy because I am used to work daily. You can quit anytime you want just make sure that your bitcoin possession could sustain your needs for a long period of time.
full member
Activity: 291
Merit: 101
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for me it is not a good decision to quit your regular job for bitcoin unless you earned alot already in bitcoin and if you think that it will support you and your family for the rest of your life. Bitcoin is already unpredictable it may suddenly goes up but there is also the possibility that it will suddenly go down, so I just recommend to focus on both bitcoin and your regular job. Do bitcoin whenever you have a free time. Earn on your regular job for your every day needs and earn in bitcoin for your savings, so that when you have enough money saved you can now quit your job and enjoy your hard earned money in bitcoin
newbie
Activity: 29
Merit: 0
Yeah that decision maybe a really Risky and crazy than you thought but No one knows Bitcoin really is rising now and its really a big advantage bcoz were now on an age of Digitals and High techs..at first you will truly feel the Struggle thats life but Investing wyour time is really more treasurable and much more to be worked on
sr. member
Activity: 728
Merit: 254
Bitcoin trading these days has become so rucreative that I am tempted to quit my present job which is not giving me enough time to explore more out of bitcoin world...

What's your take on this, should I go ahead and quit?

Thanks
I don't think that's a good idea. Even bitcoin is in a pretty good shape today, there are still some few possibilities that a crisis would occur which can surely affect you a lot if you are just fully depending on bitcoin. Having a real job would be so much necessary since it is also a way to secure your future from any further trouble. You can never fully depend on bitcoin unless it is already proclaimed as a legal currency of the world.
sr. member
Activity: 504
Merit: 251
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If already you are making a satisfactory living from bitcoin then by all means yes but if it is just to explore without actually getting anything back then it would be a very poor choice
member
Activity: 113
Merit: 10
I don't think it will be a right dicision to quit from your job, Your job is the permanent source of your earnings,besides you can take bitcoin is your extra income source.
jr. member
Activity: 329
Merit: 1
My advice you do job now when you make a good money form bitcoin trading then you leave your job.
newbie
Activity: 77
Merit: 0
Bitcoin trading these days has become so rucreative that I am tempted to quit my present job which is not giving me enough time to explore more out of bitcoin world...

What's your take on this, should I go ahead and quit?

Thanks
Quitting your job, your career, your PROFESSION and choose to earn in bitcoin is not good for me. Why do you need to quit job instead of making additional income for you to earn more? You don't need to quit just to explore the bitcoin. While you are doing your career you can do BTC. Career is for lifetime it is your passion BTC is for additional income purposes only. It is so difficult to get job from nowadays so be careful on what you are deciding.
full member
Activity: 275
Merit: 104
Quitting on your job just to focus on studying and earning Bitcoin is not a good act. Let's say, profit that can be gained through earning and holding Bitcoin is larger than the profit that can be gained through your job. But what if the price of Bitcoin suddenly becomes zero? Think of that situation. It is still better if you have a job to make sure that you will have a profit.
full member
Activity: 518
Merit: 101
Bitcoin trading these days has become so rucreative that I am tempted to quit my present job which is not giving me enough time to explore more out of bitcoin world...

What's your take on this, should I go ahead and quit?

Thanks
That's a BIG NO! Unless your Bitcoin earnings are very much stable, you should not even consider quitting your job. It's just not practical. Keep your job and do cryptos on the side for additional income. It's so difficult to get a job now a days and quitting yours is unwise...
full member
Activity: 147
Merit: 100
If you earn more than your wages why not but be careful it is so risky because remember we dont know what will happen to btc
newbie
Activity: 49
Merit: 0
You don't have to. You can just go bitcoin whil working so that you can more investments. Like, make BTC your sidework.
member
Activity: 259
Merit: 76
Bitcoin trading these days has become so rucreative that I am tempted to quit my present job which is not giving me enough time to explore more out of bitcoin world...

What's your take on this, should I go ahead and quit?

Thanks

Sir it should be a BIG NO! Having a job is not that easy especially today. It is better to work with your job in the real world and your job in the web. We must have the back-up plan if unexpected things happen. Being engage to the cryptoworld might experience some failure so that we must have the plan B to have an additional source of income.
hero member
Activity: 616
Merit: 500
Quitting your full time job and getting full time into bitcoins is not the smart decision as no one knows where bitcoin will land in future and what price it will hold and if the Government declares it illegal then there will be no point of having bitcoins so its good to continue with full time job and keep bitcoin as an extra source of income.
sr. member
Activity: 574
Merit: 251
Bitcoin trading these days has become so rucreative that I am tempted to quit my present job which is not giving me enough time to explore more out of bitcoin world...

What's your take on this, should I go ahead and quit?

Thanks
Nope, I don't think it is a good decision, while trading bitcoin can generate a lot of profit but it also can cause a lot of loss when the market is bearish. That kind of situation is when your job comes in and guarantee you income to use on daily necessities. If you lose your job it will be hard when the market is bearish.
sr. member
Activity: 756
Merit: 253
The main goal of working is making a money. If I made enough with trading I also could leave job (If you ready to taking risk to lose earnings). But IMO you should have plan B for any case.


The plan B is to never ever quit your job for bitcoin but rather make sure you are earning enough from whatever investments you have in bitcoin or you've secured a secondary job before you decide to quit else without that extra income if bitcoin should take a tumble you will panic and sell whatever bitcoin you have.
member
Activity: 98
Merit: 10
For me its a big No. If your not having a good time or always exhausted because of your regular job which make not able to focus on Bitcoin. I suggest find a less stressfull job. You can switch to a 4 hour job from 12 hour job. There are so many options out there, Plus having a regular job might even be helpful for you in some way. Imagine if your life focus on bitcoin you'll miss the outside world. In life its always to have more than one source of income.
full member
Activity: 504
Merit: 101
The main goal of working is making a money. If I made enough with trading I also could leave job (If you ready to taking risk to lose earnings). But IMO you should have plan B for any case.
full member
Activity: 546
Merit: 100
For me it is not advisable, why quit your job if you can do both. Making money in bitcoin doesn't need 8 hours of work like our day job, free and extra time for it is very much enough. We can't depend on our earnings here since it is not that stable plus the price volatility. It is still very different if you have a regular job. I guess most of the member here, they do it as part-time,  to earn extra money to be added to their respective salaries in their day jobs.
member
Activity: 294
Merit: 10
You don't need to quit your current job, because bitcoin can be used anytime and anywhere, if you can divide the time then you can make bitcoin as a side job so you can still use bitcoin without having to quit your job.
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