Is It advisable to quit my present job for bitcoin? - page 31.

webdevmastery

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Quote from: Prinox2 on November 23, 2017, 08:32:08 AM

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

You need to be smart now a days because the cost of living is keep on increasing and if you will earn more money by trading then focus on trading and leave your job on the corporate world that gives you a small amount of salary.

Omosomofa

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Quitting your Job is not the key. If you think you have be favor with bitcoin these days. You need to consider the quitting of Job twice. Because I don't think trading your bitcoin will not deprive you of your Job. You are earning Monthly or weekly income from your Job plus your bitcoin trading income. Is good to stay to your Job for me because it bring you more income which you can still use to invest or trade.

MakLampir

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i want have to give you little advice,you better not leave your work in the real world
and do not hang your life on bitcoin, because this is a job that has a very high risk, is not it better if you have two sources of income? it will help you, you will be easier to collect money.

karin9222

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If you can handle of both, do that .. as long as your job is comfortable, stick with your job.
Because Bitcoin price fluctuate, too much risk if you quit from your job just for Bitcoin.

thet

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For me, it is not advisable, if you can manage your time and do both then just do it because BTC price flactuates if the price gets lower will you be able to sell it and just ignore the losses because you need some cash for your needs because you are just earning thru bitcoin.

Saritamo

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I think it's not a good idea. It's difficult to do this when you do not know much about the field. I recommend that you work in parallel for a while.

peterthegreat

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That depends on many factors, but mostly no. You don't need to do much for Bitcoin trading, you just need to HODL. If you keep your job you can buy more BTC and HODL more. Any $20 per hour will become $200 per hour if you invest it in Bitcoin

markmillan1215

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You can’t really rely on bitcoin to do your daily living because bitcoin is too volatile to be reliable for living. Make it as a sideline to support your luxury items and let your present job be the main source of your living.

bitcoinbot

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Its totally up to person who is in such situations. What exact desire and expectation of person's in his life from his life and for that what he commit. If person have confidence that he can survive with bitcoins that its better to quit his current job. But if user is in confusion about leaving job then its not right time for that person to leave that job, just because he i still not confident. Here in forum we just can express our views but practically person have to think for conditions to find outcome.

Sumo

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You should soberly assess your income, which you receive with the help crypto currency. If it meets your needs, then you may well leave your job.

madmat

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Bitcoin trading is way far from a decent job , assurance in different aspect. You can see big fluctuation right now which i dont think if its good or not, its kinda unexplainable on some factors. Dont rely on investing to it because its unpredictable matters , get a decent job instead and have a stable money income because bitcoin won't last and will be down.

KourtneyK

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I don't think it is a great idea for someone to quit their present job in replacement of bitcoin, yes we all know for a fact that bitcoin can be so tempting especially if you are holding a couple of this coin but it is still not stable as of the moment. It can be gone in an instant so might as well work with a real job aside from trading too. In that way, you are like hitting two birds with one stone; which is you are earning in both ways.

Xester

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Quote from: Minerall on February 25, 2018, 12:26:02 PM

There are traders who are just distracted by their main job. That's why if they profit a bit from trading, they just quit any other job they have.

Well it is maybe because trading requires lot of attention. You need to be focus on every movement of bitcoin. As for me I just put a time or manage my time on when I will earn money. Since I can do both, I do bitcoin when I have free time. It is a fulfilling feeling to learn that I am able to earn twice.

Angletim

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Quote from: Prinox2 on November 23, 2017, 08:32:08 AM

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 work is in conflict with your exit from bitcoin. You don't have to give up work, you can do something about bitcoin outside of your working hours. Investing in bitcoin is risky and can cause you to lose money.

Minerall

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There are traders who are just distracted by their main job. That's why if they profit a bit from trading, they just quit any other job they have.

claydeey

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I strongly believed that with money matters it is better to to have an alternative source aside from a regular job or vice versa, so for me try to manage your time and do both things.

Asawakobana2017

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Yes you're right. It is not good that your full time job will leave for bitcoin. But this is optional. Because that job can help you to protect your daily life because if you invest it takes a long time to sell your btc. That's why we can not stop our full time job. This is the option. You can earn as much as possible with bitcoin if you strive and patience with it. That is the time we can leave our work. It's all about money and bitcoin we just only make the right decision.

Ailmand

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Quote from: paolo099 on November 23, 2017, 08:46:48 AM

this is a very risky move honestly.. i would not quit my job to go deep dive into BTC and rely on it.
Nowadays it's hard to find a proper job and if you have it you should stick to it to have an income, one thing you can do is to find some spare time every day and study or work for BTC.. you need an income anyway, think twice before doing this jump into the dark.

I agree. Although that can be done, I think it can only be possible if you have ample savings to be able to handle all your expenses for yourself and your family, if you have one. As I have been in the market for quite some time, I have come to learn that ventures even the easiest, like ICOs, can takes months at a time to be realized, so it would be too difficult to quit your job and not have a steady income to support your needs. After all, needs and expenses are a constant, and so, not having money to answer for them would be problematic. So, yes, it may be done, but only if you have enough to help you go by.

potzpotz

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Quote from: Prinox2 on November 23, 2017, 08:32:08 AM

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

No you do still having some job at the same time work for bitcoin to that you double your income you work for bitcoin and you work for your job

bigbosma

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Quote from: giogio0504 on February 22, 2018, 02:58:57 AM

If you are ready for the fact that your income will not be stable go ahead, there will be times when your income will exceed the salary, and might be times when you will have nothing.

Yes, it's a risk to leave a stable, challenging, and low-paid work for the man, but the risk is great. It is fraught with the unknown and the freedom which can provide you the rest of your life.

Topic: Is It advisable to quit my present job for bitcoin? - page 31. (Read 14094 times)