Topic: Job Vs Bitcoin - page 47. (Read 44760 times)

stop job? how easy to find job today? i think i cant stop my job for making full time business in bitcoin, even if i earn more income/profit in the bitcoin community.

Yes Bitcoin can make you rich, and bitcoin can ruin you too.bitcoin is very risky.Because Bitcoin's price goes up.Again bitcoins price goes down.So you can Focus on the job and you can also focus on BTC as your part time That is better for you.Because you can earn from two places.

I would say you to quite your job. With only a bitcoin or two and some good knowledge in trading, you could earn fortunes easily. But still the decision is up to you. And if you have a wife, maybe she will not like much that you are wasting your time to her eyes, which is in fact obviously not the case.

I think you should give priority to your job because you are making regular income and protecting your social rights. You should dedicate your free times for Bitcoin. Good luck.

Your job gives you certain regular income. The price of bitcoin is changing, you can earn a lot for some time but after that you can loose. Consider whether it is not better to have sure income and just part of your income you would turn into cryptocurrencies.

If you have a family and mortgage don't quit too risky. If not then I would say still don't do it unless you hate your job

its all been said, but for you to ask its either you are unsatisfied with you present job or the job is getting in the way of your full potential achievement in Bitcoin ventures other than than it is not advisable to drop a paying job for an alternate income means.

Doing both is more profitable for better financial conditions. To focus on bitcoin, we don't need to leave job. Because earning from bitcoin can be done anywhere and anytime, managing time is the most important thing so both can run successfully.

Yes, Bitcoin is not stable, quit a job with a steady income to focus on an unstable job is a big risk and I think no one would dare to try it, this is like gambling, we are betting our future, if successful, our future will become rich but if we fail we will start again. Time will never come back but we also do not have many opportunities to become rich, so I think we should spend time on both, as long as we arrange reasonable time, everything is possible

Having a stable job still matters even if you are earning a lot from your part time and even on your own business. So i suggest you should do both. If you are earning that much from bitcoin, well it's a good thing. But before quitting your own job you should consider a lot of things first,like; do you think you can manage to earn that much in the long run?do you have enough savings to provide your needs and your family for a lifetime?..and so on and so forth.

Because there is no point on quitting your job just to go full time on Bitcoin. Bitcoin can be a good way to have a secondary income for any person, but you can never rely on Bitcoin earnings alone. One os Bitcoin's price is not stable, yes we are seeing Bitcoin in new highs but there is always a chance it can go back to a low price. Second is Bitcoin earnings are not definite whether you get it on trading or signature camapaigns there is no assurance on it because in trading your earnings depends on your skill while in sig campaigns not all of then are permanent.

Crypto works can make you more profit than any others job but marketing job is different , you should decide to continue with crypto works.

If you get monthly and stable enough income for you from Bitcoin, and you feel you have to work full time online for BTC then you can quit your job. Otherwise I advice you to keep your job and don't take this big risk. Most Bitcoin users have their offline jobs, in my opinion.

I think you should not quit to your job and having a job will also help you to gain more income. In addition to that, using bitcoin will also serve as your job because it will gives you more income and money. I guess some people who don't have have job use bitcoin to gain money that they need in their daily life.

I have been without a job for a few months and made plenty of money on crypto recently. That being said, you will not have much to show on your resume and experience, and crypto has no guarantee of staying stable.

This, everyone thinks they are going to be young forever and that the things you can do now are going to be the things that you will be able to do in the future and that is not the case as you get older you are not going to have the physical and mental strength to do all the stuff you do now, so it is better to make all the money you can while you are young to enjoy your golden years.

Leaving the day job is not a smart move. It's better to have more than one way of earning. But if you are not greedy and lazy and have earned enough money to bitcoins then it’s okay to quit your job. In this case you need to increase bitcoins and during the dumping phase.

You will have to stay patient. It's also a sort of job to invest in bitcoins and requires same amount of work and energy as job does. However, bitcoins give huge profit in little time.

i don't think he knows what he's doing nor sees that he can have a good career on bitcoin. i mean this decision can bring a great change so if you're not confident,

its probably because the chance of you successing is either slim or 50-50 which is pretty much a gambling. if he's confident he wouldn't be asking in the first place and would not

use the word might that signalling a "slim chance" of happening. i know an online freelancer, at first its just a part time thing but then the clients keeps rising

to the point that his income there got equal on his job in real life so he decided to focus on that instead. right now his income as a freelancer has long surpassed

his past job in real life. now the lesson is only quit your job in real life if you have already established something

Based on my opinion, don't quit on your job because it is still better if you have a job. You could serve bitcoin as your alternative way of earning. Though you could get a higher profit upon bitcoin than a normal job still you must have earn with hardwork. However, if you could manage to focus to bitcoin and your job then much better.

Just told today...by the CPA lady...that I'm better off taking all my JOB wages and putting them into the company Plan as I can catchup (older than 50 years)

Thus....all wages will go into that...just to knock down tax rate I'd pay on mining...plus wages this year (47% all)

Also if you make more than 10,000.00 income (say by mining). You can do an Individual 401k or Solo IRA plan. I can dump up to 58k on that I think it was depending
on income....I think it was...into that plan..thus keeping most if not all your hoard.....at least in say a bitcoin IRA or regular IRA plan

the diff for me was 34k in taxes vs with both above ..dump work wages and most of mining into solo IRA 7k ...so its an option to get off the mining
merry go round getting equipment ..if you choose to do so

thus folk mining in my boat.....time to shift gears...maybe

of course, you still get 100% of equipment off gross income in 1 year in USA ...should you decide to knock down your equip purchases and mine as such

(decisions to make.....kick the can down the road with 'dubious' equip choices at the end of this year ...likely NONE after November...or hoard this all

from wages in company plan and/or the other solo IRA in a bitcoin IRA plan...and wrap up current generation equipment buys this year and/or next)

(take the money and run ....most of it....ie bitcoin...or try the mining merry go round to roi income stream another year)


As again my main point..not sure if ANY equipment this year makes sense at prices wanted.....unless you are going to hope for say a price pump
in the coin you mine. (ex bitmain units ..you probably need a price pump for pow scrypt)

this gives me an out ...if equipment does not make any sense..taking equipment 100% off of gross income....if I can do the same with the solo IRA option also 100% off of gross income I will use that as a 'bleed off valve" instead....of course, that bitcoin in the IRA or cash in the IRA is no longer available for equipment or a future income
stream...assuming you can roi on your equipment

but again, not really sure if any equipment the rest of this year (mainly scrypt-pow) makes any sense to get with difficulty rise

anyway options for those in this kinda boat

sheesh...be careful what you wish for

anyway worth the $210 spent to get options from CPA lady


later