Topic: Is It advisable to quit my present job for bitcoin? - page 43. (Read 14081 times)
Just do it. If you think you will be able to do good in the crypto world and have gained the knowledge to implement and make money/contribute to the crypto world then just do it. Having said that, plan a back up as well.
To be honest, quitting your present job is not the solution. If you want more time to know more and explore btc, you should know to manage your time wisely. It's not enough to rely on btc only. It's still important and helpful if you have your job and at the same time you're working on btc too. That's a win-win situation so you have all the money you need. In addition to that, you know you'll have fixed wage when you have that work, and since btc is volatile it will take time for you to achieve that amount of money you need.
my advice you do not have to get out of your current job, I think bitcoin is a side job not a major job is risky if you quit your job now to learn bitcoin while we can learn bitcoin while doing our main job and add experience. Begin by learning how bitcoin trading works and doing bitcoin trading for 1 year, after which check your performance in the last month if your performance is good and satisfying, just focus your time on bitcoin
Whether to quit your main job or not depends on how valuable this work is to you and how well you have good theoretical knowledge and practical skills for using crypto currency. That is, you still need to make the final decision. Here it is impossible to give an unequivocal advice. If the main job is highly professional and valued in society, then of course, it is not worth throwing it. And if the work is not permanent and was not the goal of your life, then of course, you can try yourself and work in the field of cryptography. Everything depends on the specific circumstances of life.
It's really a lot of risk.But if Btc is really secure and it's business continues to run,it's OK.Because when there is no guarantee of what happens.It'll foolish to quit the present job without being absolutely sure.I'm goona say it shouldn't be done.
It depend on your status if you think that your money is enough to start your own business then why not. only you can decide. it is your life not bitcoins or any body. make sure that it will be favor to you not just your own pleasure to scape much reasponsibilities but in the matter of obligation to your family and caring to your family.
If you just started bitcoin then it is better to hold on your current job, after one year and you earn a lot of token with high value, then ask this question again. Then if you have gain enough money in participating BTC activity to sustain atleast 3-5 months then you may quit your job to be a full time here.
I would say the answer is NO,
If you have a job then your current financial status is probably still quite low, if you owned a medium size company with good trading history then your financial status would be pretty good. You should keep our current job and use your spare time to increase your wealth with Bitcoin and crypto. Until you have 1 - 2 years worth of money spare that you could survive with no income then the risks would be too large.
If you have a job then your current financial status is probably still quite low, if you owned a medium size company with good trading history then your financial status would be pretty good. You should keep our current job and use your spare time to increase your wealth with Bitcoin and crypto. Until you have 1 - 2 years worth of money spare that you could survive with no income then the risks would be too large.
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
The best person that could answer your question would be your self.
To help here are some guidelines or questions that you can ask your self to asses if you can now quit your job and go full time as a trader.
#1 - How is your trading skills? Would it be on a rate that you are winning on all of your trades at a sustainable level.
#2 - Will you be making more money in trading than your current job? if not yet then I suggest to still work and do trading as your part time job.
#3 - Asses those people who you are supporting financially, if you are not yet on a level in crypto that you can support your family then dont go on a full time basis yet.
For me it is not really a good thing to do it is really risky if you think about it,
Just imagine you are depending too much in the crypto currency and then one day the market falls down,
What would you do?You would surely lose a huge amount because of it and how do you plan to recover from that lost?
And what would happen to your daily expenses after that huge lost ?
Just imagine you are depending too much in the crypto currency and then one day the market falls down,
What would you do?You would surely lose a huge amount because of it and how do you plan to recover from that lost?
And what would happen to your daily expenses after that huge lost ?
You have to do some work to make money. so you do not really stop working in general, and depending on the work you do, you can earn more or less.
I think that's a bad decision. Bitcoin is sureky profitable but still it is volatile. A user won't always earn huge amount of profit since its market value changes a lot. One good example is that we are experiencing difficulties fron Bitcoin at this moment wherein profit will not as big as normal. So if I were you I won't waste dinms one .
Risky move. Especially when you're a regular employee and have those benefits that you may have after retiring. Consider those like, pension, 13th month pay and other bonuses. It depends on you still a very risky move for me.
You can do both your field job and exploring in bitcoins at the same time. If you will quit your current job for bitcoin, you may have your greatest regret in life. We are not sure about bitcoin because bitcoin is given a volatile currency and not all the time, bitcoin's price is at its peak. It is better to have both as sources of income so you won't be lacking money, and you won't regret your decisions.
For me, no! Because earning bitcoin can you be a part job if you have vacnt but your job now is your profession. So think to twice first before letting go on your job. or something, because theres a lot of ways to earn bitcoin.
I think bitcoin is very profitable. but think again if you want to quit your current job. just think of your job as your main livelihood, and bitcoin as your business. so you have financial security for the future. that's my advice.
It''s very tempting i have to say. If you have enough funds to cover your expenses for the nest year then I'd say you can give it a try. Because you know that it's a volatile market and you might be looking at some months without any income.
Definitely no, unless you are a millionaire already
If you already have a financially stable job - think twice before quitting because you might regret it at the end.
Remember that It's not easy to get a stable job.
You can do bitcoin things while doing your job as what I'm doing right now.
Honestly, It also came to my mind the what if I quit my job now?
But you should think and dig deeper and consider everything.
If you are really determined to enter the bitcoin world,well it's up to you just be sure that you are intelligent enough.
Remember that It's not easy to get a stable job.
You can do bitcoin things while doing your job as what I'm doing right now.
Honestly, It also came to my mind the what if I quit my job now?
But you should think and dig deeper and consider everything.
If you are really determined to enter the bitcoin world,well it's up to you just be sure that you are intelligent enough.
You don't have to quit your job. You can keep going with bitcoin while you're working and that makes your more comfortable mental and financially. Also you can invest more to BTC with money you have.
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