Quit My Full Time Job to Trade Cryptos Full Time - page 9.

Oceat

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Quote from: carlfebz2 on March 02, 2021, 02:47:54 PM

Quote from: octomon on March 01, 2021, 06:33:25 PM

In the past month and a half i've made over 100k arbing different markets and developing a very hard-to-beat strat. I submitted my resignation to my full time job last week . Wish me luck.

Long live crypto. Cool

That sounds good and only a few could able to do such thing when making trading as a main source of income and become sustainable with it. Its just nice to hear off to somebody that theyre

trying to make a very hard to beat strategy.Well, good luck into that one and wish you the best in your trading journey because having some talent on dealing with market doesnt really fit out for all.

How i wish that i would be something the same like you on where i would quit up my 8-5 job and go full time with trading, if i would really be sustainable.

What an interesting read knowing that OP is going full time on trading it's very few people who can actually do what he does. I hope it continues because crypto market sometimes is very unexpected unlike to stocks market. I wish to believe what the OP been saying is true but who knows?

Everyone can talk but can't do exactly what they were talking and I really hope OP could survive the hardship of trading although he had his all time since he was resigning to his stable job before. So good luck, OP for your new career.

hopenotlate

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Quote from: octomon on March 01, 2021, 06:33:25 PM

In the past month and a half i've made over 100k arbing different markets and developing a very hard-to-beat strat. I submitted my resignation to my full time job last week . Wish me luck.

Long live crypto. Cool

First of all congrats for this achievement and for the courage that such a decision requires. First question that comes to my mind is: what was your starting capital needed to reach that 100K profit milestone?
Be wise with managing your bankroll and keep it up. Best of luck man.

carlfebz2

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Quote from: octomon on March 01, 2021, 06:33:25 PM

In the past month and a half i've made over 100k arbing different markets and developing a very hard-to-beat strat. I submitted my resignation to my full time job last week . Wish me luck.

Long live crypto. Cool

That sounds good and only a few could able to do such thing when making trading as a main source of income and become sustainable with it. Its just nice to hear off to somebody that theyre

trying to make a very hard to beat strategy.Well, good luck into that one and wish you the best in your trading journey because having some talent on dealing with market doesnt really fit out for all.

How i wish that i would be something the same like you on where i would quit up my 8-5 job and go full time with trading, if i would really be sustainable.

Renampun

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Quote from: octomon on March 01, 2021, 06:33:25 PM

In the past month and a half i've made over 100k arbing different markets and developing a very hard-to-beat strat. I submitted my resignation to my full time job last week . Wish me luck.

Long live crypto. Cool

wow, how lucky you are...
I have been trying for several years to find the right formula for profit in arbitrage but have not found it, whereas you have only been 2 months and immediately found a suitable formula. where did you learn from, maybe you can share tips and tricks!

Julien_Olynpic

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Good luck bro.
$ 100,000 is a good amount. I just have to get to her. I don't know with what capital you started, but, in principle, such an amount allows you to relax a little and start working for yourself. I would also probably write a letter of resignation. Although I like to work in the mode in which I work. Plus, communication with the team is also not the last thing.

Xxmodded

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Just keep saving your money and not try to all in for trading because we can't prediction with coin always higher price, maybe when you said trading is best way to earn much money and resign from your job, you got many problem and well done if your trading always profit, but there are not guarantee with trading give much profit for you, many time we got wrong prediction and should waiting for long time to get back our money.

Kelvinid

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win lambo...

Quote from: octomon on March 01, 2021, 06:33:25 PM

In the past month and a half i've made over 100k arbing different markets and developing a very hard-to-beat strat. I submitted my resignation to my full time job last week . Wish me luck.

Long live crypto. Cool

I think everyone will say Good luck (and I did) and why? Is that because trading is a big challenge and of high risk.

Losing our stable job is a big sacrifice we did to our life. We already have the financial security and ain't that simple living for a thing that we never get 100% assurance to make good rounds every day or have lost our money. But sometimes we have to sacrifice something just to get satisfaction and to achieve our goal. Yeah, who knows exactly if we even get more in trading than in our full-time job.

palle11

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Quote from: octomon on March 01, 2021, 06:33:25 PM

Wish me luck.

Yes I will wish you luck and a big one too indeed. Trading can profit you more than your job especially if it is a low paying job.
Trading has advantage a lot . it gives you more time to do other things outside trading and if you are good with the trade that you are making constant profit, you are very much in your road to wealth.

GreatArkansas

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Being a full time trader may be effective for some people. Quitting to a full time job to become a trader may a good move, but you should not think win always, as you said you are still in your 2 months.
The best if you will continue with stable profits, to sustain expenses of you or your family.
I know some trader who become a full time trader and they admit, it is extremely stressing job.

Taskford

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Quote from: Oshosondy on March 02, 2021, 04:35:48 AM

Quote from: octomon on March 01, 2021, 06:33:25 PM

In the past month and a half i've made over 100k arbing different markets and developing a very hard-to-beat strat. I submitted my resignation to my full time job last week . Wish me luck.

In life we have hard decisions to make, you can even have a business of $5000 that can bring you more income, and you earned $100,000 already, if your salary is not making sense, you can leave the work, if you want to establish yourself and your job will disturbed the establishment, you can also quit it. If the reason you quit is for good, there is nothing bad. But I will advice you to get other things doing other than trading while trading patiently will bring more income.

Its hard for people to decide about quitting or not with there current job in exchange for something risky but I'm sure OP is confident about his decision since as he said he already earn 100k for his arbitrage trading and that's so impressive. Although $100k is big but I think that's not enough for building a good sustainable business since creating it needs more capital and that amount is lacking(IMO).

For sure once he earn more he will not settled on one earning option since money making is one of the target of most people here so lets hope for the best for him.

Oshosondy

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Quote from: octomon on March 01, 2021, 06:33:25 PM

In the past month and a half i've made over 100k arbing different markets and developing a very hard-to-beat strat. I submitted my resignation to my full time job last week . Wish me luck.

In life we have hard decisions to make, you can even have a business of $5000 that can bring you more income, and you earned $100,000 already, if your salary is not making sense, you can leave the work, if you want to establish yourself and your job will disturbed the establishment, you can also quit it. If the reason you quit is for good, there is nothing bad. But I will advice you to get other things doing other than trading while trading patiently will bring more income.

jaberwock

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Quote from: octomon on March 01, 2021, 06:33:25 PM

In the past month and a half i've made over 100k arbing different markets and developing a very hard-to-beat strat. I submitted my resignation to my full time job last week . Wish me luck.

Good luck and arbitrage is something which doesn't involve risks either so making 100k without taking risks is quite outrageous. Do you arbitrage coins like buying from one exchange which offers it at lower price and selling it at higher prices to another exchange? I am really interested to know more.

One month and a half and $100k profit is insane because myself being someone who has studied arbitrage trading in depth, there is hardly 1-2% margin in it and if you are making that much profit either you have gigantic capital to work with or you are just working with 50+ coins and trading them rigorously.

Please share some details if possible because its hard to believe. I was checking your post history and it seems like you are coming back to the forum after an year so welcome back.

SquirrelJulietGarden

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Quote from: octomon on March 01, 2021, 06:33:25 PM

In the past month and a half i've made over 100k arbing different markets and developing a very hard-to-beat strat. I submitted my resignation to my full time job last week . Wish me luck.

I wish you luck of course.

How much capital you used initially to trade or invest?
Did you withdraw your initial capital and use it as your savings or backups for sudden usages for you or your family?

The second question is also my advice. If you already won big, please withdraw your initial capital and don't use it to trade or invest. Use your profit to trade or invest and keep your initial capital safely and untouched.

It is common loss story that people earned big and lost bigger. Good luck and take care.

batang_bitcoin

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Congratulations to you then. If arbitrage is what you do, can you name those exchanges where you usually buy and sell coins? I'd like to do it and make at least a few bucks from doing so. Although it's not that guarantee and transfers should always be quicker than what we're expecting.
Do you have specific cryptos that you purchase for doing arbitrage? I hope you'll share your strategy.

octomon

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In the past month and a half i've made over 100k arbing different markets and developing a very hard-to-beat strat. I submitted my resignation to my full time job last week . Wish me luck.

Long live crypto. Cool

Update and some answers to your questions :https://bitcointalk.org/index.php?topic=5321029.msg56477603#msg56477603

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