Topic: Is It advisable to quit my present job for bitcoin? - page 42. (Read 14094 times)

No don't do quit your stable job just to commit full time on bitcoin. I think a stable job is still better than spending all your time on bitcoin. Those bitcoin millionaires have studied and researched bitcoin for years. Think of bitcoin as your side income. You can always do bitcoin when you have free time.

I am while unready to give up the work, but if you got enough him already, it is possible to continue, and on facilities it is possible to live farther.

So, did you quit your job to explore bitcoin? If so, how has it worked out so far?

It really depends on you, if you think you already saved enough to sustain your daily needs while waiting for your bitcoin earnings then you can quit your job and start earning bitcoin the possible way you can. You have to consider a lot of things before focusing on bitcoin because this will not make you rich overnight, there will be days that you won't be able to make money and days that you will have a lot. Asses yourself just make sure that you are happy in the end of the day with your decision.

If you are serious about your goal then I think you can do it. But prior to that just think of the circumstances you are in and the liabilities that get affected if you quit your job. A good option would be to start off trading with cryptocurrencies (and not just bitcoins). Try taking a long leave or try giving extended weekends into trading and check if you are able to work your way into it. If you are able to do it passionately then yes you can as well jump into it and get going.

There could be times when you are just not able to do well. In such circumstances it is important that you have a cushion to lay back upon. This cushion should be a part time earning whatever you can. This will be a steady and sustained immediate income that will help to take care of your position. Till the time you become a good trader making profits, this part time job and income will help you out.

In life we never know how things shape. Taking a decision at the right time is most essential. You can always try your luck into trading initially by investing fixed time and slowly doing well. Sometimes, a hobby or a passion is best suited to be a hobby or a passion. If it becomes the means of survival and living then it no longer takes the role of a hobby or a passion but becomes an important job. I say this because the interest levels need to be sustained.

One important point to note is that the value of bitcoins and also altcoins is volatile. Day traders will be greatly benefitted through this. So all parameters taken into consideration, sustainability will be the key to switch to the world of cryptocurrency totally.

I would use Bitcoin as a part time job, you never know what can happen. If you depend on the income of your main job then you shouldnt do it. Another thing you can do is invest on a Mining Rig and get more income, but you will need an investment to start with.

this all depend on the you if you are newbie will be risk on it always if you are already part of bitcoin then thats great and the things already you know people are heaving knowledge about btc and also should know about how to make money with btc some people are unemployed for them this the best option to earn the money but the thing is that they should have knowledge of the bitcoin and other altcoins and who people are already invested from long time they are taking risk and that the way which will take you in to the another place where you can take advantage and you will stand as boss life is always on risk which is i am taking it.

It is not a wise thing to do if you make Bitcoin your only source of income. Why? It is because its growth fluctuates. It is better to continue your present job and explore Bitcoin on the side. Maybe soon, if Bitcoin is already stable, you can do this. But for now, it is not a good thing to do.

If your income depends on your current job, do not quit it until you are sure that you can live from the income you generate on a monthly basis from Bitcoin. If you quit your job earlier you risk your whole home, family and all that is important in life. It shouldn't be too hard to hodl (or trade) bitcoins and go to work simultaneously.

I recommend not to quit the present job for what ever reasons because quit is easy and enter is difficult for a job if u notice the economy there are many applications available for joining in schools and colleges but at least 85% of people getting jobs?

Please dont quit your present job. Because it is very difficult to find a good job. You can choose bitcoinBTC as your part time job. So please dont quit your present job.

quitng your job is not adviseable you can invest in bitcoin monthly and start to learn step by step and when the you think you can earn stable money in bitcoin or you have atleast money to support your family in the next few month you can quit your job at that time and focus in bitcoin

Hello...
Why so...??...  Are you trying to say that you will lose your job and pay 100%  attention  towards bitcoin... Im opinion its a NO!!.

But if you know everything about mining and you want to do it at any cost then you can...  Otherwise you will lose bitcoin as well as your secured job..

And after all the people who do mining or trade with bitcoin they do it for the extra money purpose.. And you don't wanna do it... Soo job is first then comes bitcoin

If you really think to quit your job I would suggest you not to do that, cause probably you are not ready for that, even in terms of financial independence. You always need to have constant source of money - real job, and then you can try to make money with Bitcoin. If you will have enough from bitcoin to continue your life with a % from earned money, then ok, quit, but not earlier. Another way to became good trader and share you experience with other people and make it your own job. But I will repeat: don't quit from your real job for now.

I think you should take a break from your work and test yourself how you cut with bitcoin in two or three months. Invest in gaining long-term trading knowledge and improving your experience. After that if you feel you can do something with bitcoin even if you do not have a job then I will not stop you to quit your current job. Because every job / job wants a good experience it's a day job or bitcoin work so better gather experience first.

if me, better not? I think just running this life is like running water because it's better. You can do your work and also work in the world of cryptocurrency. Do not quit your current job. use the best time possible so you can do your work right now can also do bitcoin, in other words you already have two incomes at once.

You're right, especialy if your present job is stable and its secure your income for many years to come until your retirement. Earning opportunities in bitcoin and other cryptocurrencies is unpredictable and risky. It is often advised that if you are going to invest in cryptocurrencies, invest only the amount that you can afford to lose or invest at your own risk. So it is not really advisable to quit your job for a risky investment like bitcoin unless you are already financially secured.

You know, I was browsing the News and found one article in The Guardian that says, "Bitcoin won't last in the world of finance, warns Nobel-winning economist." Of course, there would be risks entering into the world of cryptocurrency, especially from a guy like you wanting to quit your job to become a full-time investor on this. I'm not saying that it's not a good idea, but after reading the article, I reconsidered factors that concerns Bitcoin. Maybe you're not thinking straight or you're just out of your mind. But I need you to really think this through.
It's not a very stable store of value – it fluctuates a lot – and it’s not a very efficient medium of exchange because you don’t buy your groceries with bitcoin, you don’t get your salaries in bitcoin, and you certainly can’t pay your taxes with bitcoin.” But, maybe in the future, we will.

Of course no. Do you think that your life will become better if you will quit to your present job. You can do your job and also work in cryptocurrency world. Do not quit your present job because it is bad idea. My advise is to improve your time management for you to do your task in bitcoin and also your present job.

For me, No! It is not advisable now a days it to hard to have job i cant image that ambwill quite to my present job.I can do my task in bitcoin through time management.