Yes completely agree with this. Regardless of market conditions, it's probably not a good idea to leave something that's secure and reliable for something that's uncertain and risky if you can't handle the risks and the swings. Even if you can, it makes sense to think twice about what exactly you're getting into. A good way to go about it would be to do it on the side as a sort of project to test the waters and then evaluate at a later point. Doing this for a decent amount of time will give you can idea of how things work in different market conditions and how well you can handle all of it in the long run.
Personally, doing stuff such as bounties, airdrops and trading on the side works best because then you're able to balance your job well too and as well as take advantage of decent opportunities in crypto when they come up.
Topic: Leaving Your Job is The Worst Idea - page 40. (Read 3648 times)
I think it mostly depends on your current income/aspiration. Also, which job are you going to do in crypto.
Of course, I would never leave my job for being a full-time bounty hunters
But there are other jobs in cryptos who start to be very interesting.
Of course, I would never leave my job for being a full-time bounty hunters
But there are other jobs in cryptos who start to be very interesting. I ever heard that people choose to quit their job for doing some crypto job. Whether it is trading, mining, or bounty. But I think that's the worst idea. Maybe they think that kind job like that can earn many profit but they doesn't looking at the risk and keep do it. Look at the market, they stay red and it will hard to get profit from investing or trading. GPU price is more expensive as well as a lot of capital to be spent when starting mining. Also Bounty Hunter has bad condition right now with too many SCAM ICO which caused some of them just wasted their time and doesn't earn anything.
How they can earn money for daily need if only depends on the crypto?
How they can earn money for daily need if only depends on the crypto?
Very true, its a big mistake to leave the job over crypto currency investments specially if they are not yet earning enough to support their family needs. Maybe except if their job is not stable and the wages are below minimum suggested salary then it OK to quit then but if they have stable job in which the salary is above minimum then better not to quit it and just consider Crypto investments as another source of income until they can build their own business that enough to quit their existing job. Business and crypto investments are perfect combination towards success.
You are right. Now it becomes more difficult. But personally, I'm going to last here. This is where I evolve. the market will still rise and then all my expectations will be filled
Agree, make the decision out of work and make cryptocurrency as the main job, not the right decision in my opinion, it is very risky to make cryptocurrency as the main job.
I agree, it's not necessary to leaving your job without other way to get income or without another job, even you have cryptocurrency and earning its better yet if you still have job while earning in crypto because finding a job is not easy, so if you have job then don't waste the opportunity because when you have job there's a lot benefits you can get that can help you a lot. So its better to have job and if you have another way of income then its good, atleast you have additional income to get.
I quit my job a year ago , now I'm investing in an ico . I'll tell you that for a year I have not regretted my decision
I can agree, but also it is the matter of time, if your job is taking 80% of your time and it gives 20% of the profit, there is a possibility to thing about quitting it.
OK... So you are saying that crypto is taking 20% of your time and still giving 80% of the salary and therefore you should quit your regular job? It is not that simple. There is no guarantee that the earnings from crypto will remain forever.
To give up your main job and only deal with earnings in the crypto currency is possible, but only if the necessary circumstances have been created for this. First, you should already have good theoretical training and a decent practice in the crypto currency by this time. This is necessary to ensure that you already have confidence that this type of activity will be successful for you. Secondly, you should have a significant cash reserve to service current expenses so that the decisions you make in the crypto currency are weighed and do not depend on the need to withdraw funds from the crypto currency. Thirdly, your main job should not be very important to you, or you would be able, if desired, to recover from your previous work.
I do not agree with many, I quit my job in favor of crypto currency a year ago, and I did not regret it for a moment. Yes, you are right, the risks are huge, but the responsibility for them rests on your shoulders, and not as you used to shift the responsibility to others. It's the same business.
I ever heard that people choose to quit their job for doing some crypto job. Whether it is trading, mining, or bounty. But I think that's the worst idea. Maybe they think that kind job like that can earn many profit but they doesn't looking at the risk and keep do it. Look at the market, they stay red and it will hard to get profit from investing or trading. GPU price is more expensive as well as a lot of capital to be spent when starting mining. Also Bounty Hunter has bad condition right now with too many SCAM ICO which caused some of them just wasted their time and doesn't earn anything.
How they can earn money for daily need if only depends on the crypto?
How they can earn money for daily need if only depends on the crypto?
Yes. Crypto is high risk high reward world and solely depending on it to gain income is not a good idea. I hope the crypto market will recover and ditch out bad actors since we will experience tremendous growth if G20 countries support its development.
I can agree, but also it is the matter of time, if your job is taking 80% of your time and it gives 20% of the profit, there is a possibility to thing about quitting it.
many people rely on the bounty , quit my job, and begin to participate in the bounty
How they can earn money for daily need if only depends on the crypto?
It is still possible to earn money for daily needs from cryptocurrency world, as you have mentioned before there are some ways to earn money such as trading, mining and bounty (the worst one to rely on). Trading and mining is the best way to earn money, indeed there is no fixed income from both activities but I believe people are able to fulfill their daily needs from both activities especially those who are professional traders.
Of course it is not recommended to leave real life job for crypto especially if the job is a good potential job where you can earn stable income with future guarantee of earning. I can say it is dumb decision to leave that kind of job for crypto.
Agree, make the decision out of work and make cryptocurrency as the main job, not the right decision in my opinion, it is very risky to make cryptocurrency as the main job.
I ever heard that people choose to quit their job for doing some crypto job. Whether it is trading, mining, or bounty. But I think that's the worst idea. Maybe they think that kind job like that can earn many profit but they doesn't looking at the risk and keep do it. Look at the market, they stay red and it will hard to get profit from investing or trading. GPU price is more expensive as well as a lot of capital to be spent when starting mining. Also Bounty Hunter has bad condition right now with too many SCAM ICO which caused some of them just wasted their time and doesn't earn anything.
How they can earn money for daily need if only depends on the crypto?
This is stupidity, really as in the current conditions you can earn something if you do not have a permanent income. To live only on savings, and then hope again that we will accumulate. Therefore, in such situations, the availability of work is particularly affected. How they can earn money for daily need if only depends on the crypto?
I ever heard that people choose to quit their job for doing some crypto job. Whether it is trading, mining, or bounty. But I think that's the worst idea. Maybe they think that kind job like that can earn many profit but they doesn't looking at the risk and keep do it. Look at the market, they stay red and it will hard to get profit from investing or trading. GPU price is more expensive as well as a lot of capital to be spent when starting mining. Also Bounty Hunter has bad condition right now with too many SCAM ICO which caused some of them just wasted their time and doesn't earn anything.
How they can earn money for daily need if only depends on the crypto?
Those who have these ideas should listen to others. Once he does this, he knows that the results are not imaginary. The most significant increase in cryptocurrencies was in the fourth quarter of last year. That is, you can have very good income during those months. At other times, the market is very calm. How they can earn money for daily need if only depends on the crypto?
I agree with you, crypto is a good source of additional income right now but it's not at the point where you should quit your job for. The future of crypto is still uncertain so you should keep your job as an insurance. If someone already quit their job then they should treat it as something very important.
Leaving a job is not advisable due of crypto is volatility and you don't have guarantee that you are always gain income on your assets, Crypto is best if you looking for extra income but not the only source of living.
This is not the worst idea , when you are leaving your job just for joining cryptocurrencies investment, because in your job even if it secured but you have no chance to be wealthy or getting a chance to be rich, but for other business like bitcoin investment you are taking the risks but in turn you have the bigger chance of becoming rich.
Trading is a good source of income but I think leaving your job for trading is not a good idea. Having a stable income is a must because there is no assurance in trading.
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