Topic: Is It advisable to quit my present job for bitcoin? - page 131. (Read 14094 times)
No, it is not advisable to quit your job just because you cannot explore well in the world of Bitcoin. Your rank is the lowest. It is so difficult to find signature campaigns accepting Newbies. Investing and trading without enough knowledge is difficult too. Believe me you can search things about Bitcoin even if you have a job. Just manage your time.
Depends on how much you are making from trading.
Answer these questions:
Do you already have enough money saved for a few months of living so that if trading went bad you'd have enough in the bank to take the time to find a new job?
From trading do you make at minimum at least double your salary so that you can take out your normal salary amount from crypto while still taking that much in crypto profit to keep trading with, and have you done this for the past several months in a row to show a consistent ability to do this?
Only if the answers to both those questions are yes would I even consider it. Otherwise why not just keep working while making lots from trading until you have enough invested (without even including trading) so that can just live off the interest of bitcoin rather than your trading profits.
Answer these questions:
Do you already have enough money saved for a few months of living so that if trading went bad you'd have enough in the bank to take the time to find a new job?
From trading do you make at minimum at least double your salary so that you can take out your normal salary amount from crypto while still taking that much in crypto profit to keep trading with, and have you done this for the past several months in a row to show a consistent ability to do this?
Only if the answers to both those questions are yes would I even consider it. Otherwise why not just keep working while making lots from trading until you have enough invested (without even including trading) so that can just live off the interest of bitcoin rather than your trading profits.
yes they are a lot of chances and possibilities if you can be so confident in your trades that it can bring you enough money for a living and some savings this is also good because it will cut some stress in your work while having your free time doing what do you want and preparing for something in the future perhaps a business or anything related..
If you already have the funds to start with different bitcoin growing activities,then why not.But I suggest you to dont quit your work.Yes,bitcoin may really give a huge value of money but still,it is not a good and stable source of income because we dont really know when will it rise or fall.
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
For me its not advisable of quitting your job thats a very risky decision,you can do both and doesnt need to quit your present job all you need is time management so that you can reach your goal in life I know some of us get tempted to make bitcoin full time because we think that it is more profitable than our present job..but for me i dont have to waste my years of service in a company without getting its benefits and insurance that is very important when we reach our old age. What's your take on this, should I go ahead and quit?
Thanks
No don't do that you can do both at the same time you work to gain more bitcoins plus having a work means that you are not irresponsible for you are catering your own needs and you are doing something to make the society better just learn how can you manage your time and always remember that even how strong bitcoin is now still its not certain.
I advise you to do a test run before you actually do it.
if you already have a decent job with financial security it is not a good idea to give it up for something else that you may not have enough experience in and is also pretty volatile on top of everything else which makes it very risky.
if you haven't already, then start trading bitcoin for at least 6 months then by the end of the period sit down and check your performance every day of the past 6 months. see if you have done well in most days or not. if you can give yourself a grade above 80% then go for it full time and make more money.
if you already have a decent job with financial security it is not a good idea to give it up for something else that you may not have enough experience in and is also pretty volatile on top of everything else which makes it very risky.
if you haven't already, then start trading bitcoin for at least 6 months then by the end of the period sit down and check your performance every day of the past 6 months. see if you have done well in most days or not. if you can give yourself a grade above 80% then go for it full time and make more money.
I actually agree about it. You should think about it before having a decision. Doing Bitcoin is not that easy as any other jobs because you are also spending time for it so if i am an unemployed, i could use it to support myself financially but if i have a decent job who also offers good benefits when i retired, i will obviously choose it for the sake of my future.
If you think that thru bitcoin you are earning enough to cover all your bills and expenses for you and your family, have money for more investment, you have your own savings that can sustain you for at least 6 months in case an emergency occurs, then it is your prerogative to quit your present job. But still it is a very risky decision, unless you have other regular source of income aside from your salary. However, if your salary and money are not able to pay even atleast one of the above then I suggest that you do not quit your job immediately. I do understand your desire to give fully your time to bitcoin to grow your earnings and investment, but the good thing about Bitcoin is that it gives us an opportunity to work online at home or anywhere at anytime. Its just a matter of time management and a little sacrifice and im sure that this will give you double earnings. And if time comes that you have achieved your goals, then its the best time to quit your job and concentrate on bitcoin. Thanks to this powerful digital currency and amazing software.
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
Dont rush up because you might end up on regretting if you do lose your job. Its true that there are lots of things to be explored on bitcoin world and speaking of trading as you mentioned you cannot guarantee that you can make money anytime and if you do quit your day job you cant be sure that you can rely on your trading income since we do know its not constant profits.Just a proper time management and you would able to get the right allocation of your time on both things so that you wont able to experience hardship. What's your take on this, should I go ahead and quit?
Thanks
yes don't rush things still there is no sure thing in this world don't settle fast and decide drastic bitcoin maybe good as of now because of the great and fast adoption of it the market but as the saying goes that life is a wheel you will not stay always on the top you'll experience at the bottom eventually, challenges lies ahead so you really must diversify your investment of your lifestyle..
Actually there are things you must consider prior to your present job. Don't take bitcoin as the main reason for you to quit your job. Because as long as you are enjoying in your job and the salary is enough for you then just do bitcoin as source of extra income. It is just a matter of time management if you are complaining that you dont have enough time for you to study bitcoin.
That's it If have a decent job and enough for living why risking it for bitcoin, earning money through bitcoin could only be considered as side job. Leaving the job is just not a wise move or rather stupid considering that the money earned through bitcoin is not certain.But, if the thread maker already rich from bitcoin and probably the money can be used for living for few years, it's okay.
Actually there are things you must consider prior to your present job. Don't take bitcoin as the main reason for you to quit your job. Because as long as you are enjoying in your job and the salary is enough for you then just do bitcoin as source of extra income. It is just a matter of time management if you are complaining that you dont have enough time for you to study bitcoin.
Others have said it as well, but no harm in underlying it once again: Definitely do not quit your day job for bitcoin. On the one hand, the future of bitcoin is not certain (although we hope for the best) and the financial security that your day job brings allows you to spend time on bitcoins. No need to throw that away. Continue investing in bitcoin, but continue working as well. It is the best of both worlds.
I think you should go with your own way which are very interesting to you with much confidence.now you know well which the best in your much confidents.
Actually, me also faced with this problem .But its a little similarity with you.By the way, Bitcoin are just my part time programme and my job are okey.
So, on this topics i will say to you that you should listen your job and can use Bitcoin as a part time.
Here just my opinion.please sorry if me are wrong.
Wish the best.
GOOD LUCK!!
Actually, me also faced with this problem .But its a little similarity with you.By the way, Bitcoin are just my part time programme and my job are okey.
So, on this topics i will say to you that you should listen your job and can use Bitcoin as a part time.
Here just my opinion.please sorry if me are wrong.
Wish the best.
GOOD LUCK!!
It is an unwise decision to quit your daily job for bitcoin trading, you can still hold on to your job and trade concurrently.
My advice is that if you can adjust your trading platform to daily timeframe the better, this will enable you to analyse your chart within 15 to 20 minutes daily during the formation of a daily candle based on your strategy and enters the trade set your stop loss and leave for other things e.g job.
My advice is that if you can adjust your trading platform to daily timeframe the better, this will enable you to analyse your chart within 15 to 20 minutes daily during the formation of a daily candle based on your strategy and enters the trade set your stop loss and leave for other things e.g job.
Its not a good decision to quit the job for bitcoin. Here is not need full time for bitcoin ,you trade & hold it in the extra time when you are free.
You watch it on your phone or trade with your phone online from any where.
I agree with you mate, having regular job is one way to get stable income, and earning in bitcoin is advisable for your extra time to make your income double and your job is only 6-8hours a day and put 2-3 hours in bitcoin i think that is enough to earn good profit.You watch it on your phone or trade with your phone online from any where.
Quiting your job is advisable if you are not regular in your job and you feel tired and you earn much higher income in bitcoin i think that is reasonable. But it depends on your lifestyle, there are some people are workcoholic and they do not like to sit and relax for their free time.
Its hard to find a regular job because there is a lot of competetive people aroind you. So if you have a decent right now don't quit. Bitcoin can be your another job. Just make a time management on how you deal it. Don't sacrifice any of that
Its not a good decision to quit the job for bitcoin. Here is not need full time for bitcoin ,you trade & hold it in the extra time when you are free.
You watch it on your phone or trade with your phone online from any where.
You watch it on your phone or trade with your phone online from any where.
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
What's your take on this, should I go ahead and quit?
Thanks
If you are making enough money trading bitcoin on a consistent basis as well as having a reserve to live off if you have some bad months then it's a possible option, it then depends on if you really dislike your current job or enjoy trading. It's a decision you must make for yourself but not one you should rush in to.
It isn't advisable to leave your current job to be involved with Bitcoin. I think it's important to be busy with a job in the real world. In your free time, you can be interested in Bitcoin. I think it's enough for you to spend 2-3 hours a day in total for bitcoin.
It is not really a smart move to quit your job for bitcoin. Having a job, no matter how small the pay maybe and doing bitcoin is like a win win situation. But if your job is time consuming, you could go into investment on a long term plan.
maybe that's a very good idea, you can focus on bitcoin. because the results are also many and may exceed your salary. but if you do not get the results of bitcoin should not stop first.
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