Is It advisable to quit my present job for bitcoin? - page 53.

Blackwhite69

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Quote from: Man From The Future on January 20, 2018, 10:37:39 PM

I won't suggest you to quit your current job, because you can't depend your income only from working on bitcoin.
You know that the price of bitcoin is unpredictable. That's why it's better to keep loving our main job, and
make bitcoin as your side job. While you still get daily income from your current job, you also will an extra income from bitcoin.

Bitcoin can not be predicted to have a bright future and a high price in the future should you do both of your work. I agree with you

Man From The Future

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I won't suggest you to quit your current job, because you can't depend your income only from working on bitcoin.
You know that the price of bitcoin is unpredictable. That's why it's better to keep loving our main job, and
make bitcoin as your side job. While you still get daily income from your current job, you also will an extra income from bitcoin.

iamwhitewave

newbie

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Quote from: thecodebear on November 23, 2017, 10:25:10 AM

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.

I am pondering on the same thought and thanks for this. Will keep it in mind.

BobbyZounours

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If governments around the world introduce norms that hamper the turnover of the crypto currency, its price will drop, so do not give up the current job, and study bitcoin to make a hobby

bitcoinskyrocket09

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Quote from: BitcoinHodler on November 23, 2017, 09:44:14 AM

you'll still have to do some job to make money. so you are not really quitting job in general!
and depending on that job you do, you may earn a lot more or a lot less. for example trading that you have in mind can be a beast of a thing when you go all in and become more serious about it. you invest a larger amount and then the stress that you will experience every day when there is the smallest swings may make you make mistakes and mistakes on a large investment is costly.

I think it's no it's not advisable to quit your present job for bitcoin because bitcoin can be shut down anytime or can be go down and the value of it will decrease. You can use bitcoin for your savings for the future and get extra income but it's risky to turn all your money into bitcoin just hold for your self a real money. Quiting your present job for bitcoin are crazy because you risk your future for it although the prize of bitcoin are higher than the real money there have a small chances that it will go down. Let the bitcoin will be your inspiration to your future and it's OK to invest in it for your future.

Rajatruck

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and when the market will be red for 2-3 months how will you do?

erzascarlet_30

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Quote from: Prinox2 on November 23, 2017, 09:32:08 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

It depends on how much you already know about bitcoin and how much are you exploring more in to digital currency or cryptocurrencies. Don't quit your present job. Just take everything easy, let bitcoin be your inspiration to work hard on your current job then everything follows.

Lorin

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I think it's good that don't quit your current job Just manage you time while you have Bitcoin and your job.Its more practical to have both because not all times you can earn in Bitcoin.At least you can earn more and you can save for your future.Both are important,so don't loose it.

ObroQ

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Quote from: Prinox2 on November 23, 2017, 09:32:08 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

Maybe quit this job and find another that gives you more pleasure and time to do what you want. You should't rely only on bitcoin trading or mining

2taps

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I think that you definitely should keep working at your job because you can be sure that you earn money with a job but with bitcoin there can be times that you won't earn money so my advice is to keep working and do bitcoin as a side hobby.

Rollex

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Quote from: Prinox2 on November 23, 2017, 09:32:08 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

For me, it is not advisable to quit your present job in exchange of focusing into Bitcoin cryptocurrency works to gain and earn an income larger that the usual income you have. Since Bitcoin do not totally require that much time to work on, you can gradually work into those two jobs simultaneously by just thinking of a plan how to manage your time properly to be a productive worker. Also, by doing such thing as working on both, you can earn larger income when you combine those which is much more beneficial than the initial earnings you have.

raminh

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I personally believe that I can earn much money with bitcoin and other cryptocurrencies. Since now I have earned some money by trading. But we don't know what will happen to cryptocurrencies. All of us know that governments don't like bitcoin. So I think leaving the current job is not a good decision.

xsaints128

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You should divide your time between your current job and Bitcoin trading and not just quit your job because the cryptocurrency market is very volatile, today you are making huge amounts of profit but you never know when this profit will get turned into loss. So no need to quit your job just try doing both.

Ponzi Shame

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Do not let go, the more places to make money the better, we should be able to divide the time between bitcoin and other work for example by making a schedule. Do not let us regret having let go of our work...

xitrum

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I quit the job in December and I decided to spend all my time with Bitcoin. have a lot of time for it. I can not do two things well. The biggest difficulty is the time zone. I often work at night and that is not good

s31joemhar

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many saying that it is advisable to quit your job but for me you must be stable in earning money in bitcoin before you quit your job you must gaining profit larger than your salary in your job.

xxlouisxx

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that looks like a disease. You can not stop thinking of bitcoin. me too. bitcoin is in my head anytime, anywhere. I can not escape. However I love them and bitcoin also generates great income for me.

gigatux

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Quote from: Prinox2 on November 23, 2017, 09:32:08 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, it is much better you have still a job and doing investment in Bitcoin. Just like hitting 2 Birds with 1 stone. You will use your job income for your daily necessity and you will use your Bitcoin income as your future savings.

btcrut2017

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Quote from: FUD Expert on January 18, 2018, 10:04:17 PM

It's not. I'm now imagining those people who did it and became very emotional at this crash and decided to leave crypto and go back again to their stable jobs because I see a lot of these posts and saying it's totally over.

Agree with you bro, I think quitting a present for bitcoin is not advisable. You can do this trade after work or even at breaktime. You never know what will happen, so you got a safety net in case you failed in this endeavor.

markk94

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if you have a real job, you should keep it as your source of income permonth. and for the other time, you could check bitcoin in your free time. so, when bitcoin is not working for you. you still have something to do.

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