Will you quit your day job to go full time on bitcoin? - page 18.

severaldetails

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Quote from: Aamir1 on October 05, 2016, 12:17:05 PM

Quote from: Umigokath on October 05, 2016, 06:34:07 AM

I would never quit my job to go on Bitcoin full time because that is just not a great thing to do if you are going to need to rely on bitcoin.
It is way better if you just do Bitcoin on the side as an secondary income.

Someone can rely on bitcoin if they know they can earn a good enough income out of it like the ones who are having exchanges or bitcoin casinos or other similar websites which are generating some good amount of bitcoins for them, so such people wont be worried if they leave their jobs for getting full time on bitcoin.

Some people can do that, but most users are just small fishes like me.
It would be cool if I find a way that would pay me about as mauch as my daytime job, but I doubt I will find one I would consider safe enough.
I'm relatively sure that the site owners earn relatively fast more than enough for a lifetime. They had the idea & the skills at the right time.
I want that too...

TheUltraElite

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Quote from: allthingsluxury on October 05, 2016, 11:36:59 AM

Simply put, this is just too risky at this time, although don't get me wrong. There are innovations and jobs that can be created in the Bitcoin space, that COULD become your full time job.

However I believe that this would take at least another decade considering the rate at which bitcoin is being accepted in Developing and Under-Developed countries. Still in my city maybe only a handful people know about the currency. Moreover people cant easily trust some cyberpunk coin which floats in thin air. So in my perspective it is good enough for a secondary earning but not a primary earning.

Aamir1

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Quote from: Umigokath on October 05, 2016, 06:34:07 AM

I would never quit my job to go on Bitcoin full time because that is just not a great thing to do if you are going to need to rely on bitcoin.
It is way better if you just do Bitcoin on the side as an secondary income.

Someone can rely on bitcoin if they know they can earn a good enough income out of it like the ones who are having exchanges or bitcoin casinos or other similar websites which are generating some good amount of bitcoins for them, so such people wont be worried if they leave their jobs for getting full time on bitcoin.

greBit

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Quote from: Ziskinberg on October 05, 2016, 08:28:12 AM

Quote from: tampazeus on October 05, 2016, 06:38:29 AM

Quote from: Umigokath on October 05, 2016, 06:34:07 AM

I would never quit my job to go on Bitcoin full time because that is just not a great thing to do if you are going to need to rely on bitcoin.
It is way better if you just do Bitcoin on the side as an secondary income.

Yes bitcoin is always good as an secondary income and even if I am earning more in bitcoins I will still prefer to continue with my day job as it provides financial security to me and my family which is missing with bitcoins.

It's better to have to source of income at the same time, so it is not good to sacrifice you job for bitcoin when you cannot ensure yet that you will consistently earn and make money.

That's right its always good to have multiple source of income instead of having single one and if you can manage to earn from both of them then it will surely have positive impact on your income.

allthingsluxury

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Simply put, this is just too risky at this time, although don't get me wrong. There are innovations and jobs that can be created in the Bitcoin space, that COULD become your full time job.

Adaleon

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No I would never do this because of the fact that I think its not safe to do and the bitcoin is also still not safe so if you are doing this you can get into problems due to the fact its not stable and can still fall.

Japinat

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Quote from: Ziskinberg on October 05, 2016, 08:28:12 AM

Quote from: tampazeus on October 05, 2016, 06:38:29 AM

Quote from: Umigokath on October 05, 2016, 06:34:07 AM

I would never quit my job to go on Bitcoin full time because that is just not a great thing to do if you are going to need to rely on bitcoin.
It is way better if you just do Bitcoin on the side as an secondary income.

Yes bitcoin is always good as an secondary income and even if I am earning more in bitcoins I will still prefer to continue with my day job as it provides financial security to me and my family which is missing with bitcoins.

It's better to have to source of income at the same time, so it is not good to sacrifice you job for bitcoin when you cannot ensure yet that you will consistently earn and make money.

That's right, I have a job now and I also work online so that is good for me and I can spend my money not only in my needs but also with my wants. Never been better before.

Ziskinberg

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Quote from: tampazeus on October 05, 2016, 06:38:29 AM

Quote from: Umigokath on October 05, 2016, 06:34:07 AM

I would never quit my job to go on Bitcoin full time because that is just not a great thing to do if you are going to need to rely on bitcoin.
It is way better if you just do Bitcoin on the side as an secondary income.

Yes bitcoin is always good as an secondary income and even if I am earning more in bitcoins I will still prefer to continue with my day job as it provides financial security to me and my family which is missing with bitcoins.

It's better to have to source of income at the same time, so it is not good to sacrifice you job for bitcoin when you cannot ensure yet that you will consistently earn and make money.

tampazeus

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Quote from: Umigokath on October 05, 2016, 06:34:07 AM

I would never quit my job to go on Bitcoin full time because that is just not a great thing to do if you are going to need to rely on bitcoin.
It is way better if you just do Bitcoin on the side as an secondary income.

Yes bitcoin is always good as an secondary income and even if I am earning more in bitcoins I will still prefer to continue with my day job as it provides financial security to me and my family which is missing with bitcoins.

Umigokath

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I would never quit my job to go on Bitcoin full time because that is just not a great thing to do if you are going to need to rely on bitcoin.
It is way better if you just do Bitcoin on the side as an secondary income.

eddyubachs

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Quote from: abayan on October 05, 2016, 05:38:08 AM

Quote from: Harlot on October 05, 2016, 12:47:24 AM

Quote from: gabmen on October 05, 2016, 12:38:50 AM

Quote from: Zadicar on October 05, 2016, 12:31:51 AM

Quote from: Finestream on October 04, 2016, 11:48:53 PM

Quote from: ?? on ??

Quote from: Harry Callahan on October 04, 2016, 06:54:57 PM

if i am confident that i could make some serious cash with bitcoins ,then i would quit my job and would spend my time solely for bitcoin,it is too late for me to earn some serious buck at the moment.

If you do believe that then let it be because there are some people that doesn't want to quit their full time jobs even though they know some serious way to get good bitcoins and able to support their daily lives with it. Because they know that if they have a lot of source of income that is going to be the best way to help them financially.

They are doing it because they are playing safe and you might have a good source of income but you cannot maximize your income. My goal if ever I will quit my job is that is to earn as much as I can so I can retire from making money at the young age and when I have much savings I can already enjoy my life living a simple yet peaceful life.

It depends on persons perception on how he gonna plan his future some may intend to play safe and remain on the traditional way on earning money because they dont like to risk to switch into bitcoin and some dont hesistate to switch as long he earn decent amounts compare to his job. It really depends on how people would apply it .

Yeah i think before you think about quitting your job and going full time bitcoin you should have a plan. I myself am planning to go fulltime around early next year so now im trying to study all other ways to earn on bitcoin and the possibilities are actually inviting

Gabmen can you pm me about the plan you have in mind, I am interested in earning bitcoin like it is a part time job to me. I want to experience being paid full time online even without quitting a real job. For me if you can handle both real job and bitcoin I can have 2 months worth of salary in just a month. But I don't think quitting your real job is a good idea. I would rather do both at the same time.

As a piece of advice my friend. I do have a real job right now and also im into sideline thing. If your work is very light like when you got home then you dont feel any tiredness then its a good sign with that but if you got home and yyou are very tired and you want to relax then it is difficult to earn just like me sometimes i dont earn.

If you want to earn more then you have to manage to work on both of them but if you are satisfied with your earning from day job then earning from bitcoin can be done as per your wish in your free time.

abayan

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Quote from: Harlot on October 05, 2016, 12:47:24 AM

Quote from: gabmen on October 05, 2016, 12:38:50 AM

Quote from: Zadicar on October 05, 2016, 12:31:51 AM

Quote from: Finestream on October 04, 2016, 11:48:53 PM

Quote from: ?? on ??

Quote from: Harry Callahan on October 04, 2016, 06:54:57 PM

if i am confident that i could make some serious cash with bitcoins ,then i would quit my job and would spend my time solely for bitcoin,it is too late for me to earn some serious buck at the moment.

If you do believe that then let it be because there are some people that doesn't want to quit their full time jobs even though they know some serious way to get good bitcoins and able to support their daily lives with it. Because they know that if they have a lot of source of income that is going to be the best way to help them financially.

They are doing it because they are playing safe and you might have a good source of income but you cannot maximize your income. My goal if ever I will quit my job is that is to earn as much as I can so I can retire from making money at the young age and when I have much savings I can already enjoy my life living a simple yet peaceful life.

It depends on persons perception on how he gonna plan his future some may intend to play safe and remain on the traditional way on earning money because they dont like to risk to switch into bitcoin and some dont hesistate to switch as long he earn decent amounts compare to his job. It really depends on how people would apply it .

Yeah i think before you think about quitting your job and going full time bitcoin you should have a plan. I myself am planning to go fulltime around early next year so now im trying to study all other ways to earn on bitcoin and the possibilities are actually inviting

Gabmen can you pm me about the plan you have in mind, I am interested in earning bitcoin like it is a part time job to me. I want to experience being paid full time online even without quitting a real job. For me if you can handle both real job and bitcoin I can have 2 months worth of salary in just a month. But I don't think quitting your real job is a good idea. I would rather do both at the same time.

As a piece of advice my friend. I do have a real job right now and also im into sideline thing. If your work is very light like when you got home then you dont feel any tiredness then its a good sign with that but if you got home and yyou are very tired and you want to relax then it is difficult to earn just like me sometimes i dont earn.

SquallLeonhart

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Quote from: CoinFoxs on October 05, 2016, 05:01:27 AM

Quote from: Harry Callahan on October 05, 2016, 12:57:26 AM

i dont believe the fact that you can earn a living with bitcoin or any other crypto currency ,it is not regulated nor cannot predict the value in the near future,with this kind of unpredictability i would not dare to quit my job to go full time on crypto currency,but it is a fun way of earning some extra bugs to place some dice and for entertainment

I don't agree with your first point, we can earn a living with a bitcoin because there are lot of people who earn bitcoins that are enough for their monthly expenses, there are some people who pay there college fee as well as their house rent by working on bitcoin. And yeah exact prediction is not possible for any person but prediction is almost close to the price of Bitcoin that people predicted for that, And quitting job for working full time on bitcoin is a foolish decision because this job is not safe as compared to other one.

Bitcoin is good as an extra income but we cannot depend fully on it for living as it can be very risky as no one knows how long it will be alive and what price it will be holding in future.

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Quote from: Harry Callahan on October 05, 2016, 12:57:26 AM

i dont believe the fact that you can earn a living with bitcoin or any other crypto currency ,it is not regulated nor cannot predict the value in the near future,with this kind of unpredictability i would not dare to quit my job to go full time on crypto currency,but it is a fun way of earning some extra bugs to place some dice and for entertainment

I don't agree with your first point, we can earn a living with a bitcoin because there are lot of people who earn bitcoins that are enough for their monthly expenses, there are some people who pay there college fee as well as their house rent by working on bitcoin. And yeah exact prediction is not possible for any person but prediction is almost close to the price of Bitcoin that people predicted for that, And quitting job for working full time on bitcoin is a foolish decision because this job is not safe as compared to other one.

rektDude

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Quote from: Coinshot on July 23, 2015, 11:48:24 PM

Wise men diversify their investments and always seek out extra inflow of wealth, so do i by their lead. I am not yet ready to give up regular full-time job because
currently it provides me with much more income than what i earn with bitcoin.
I know some people that did commit soley to bitcoin, but sadly it didn't work out for all of them, and some now have huge loans (mostly those who invested in bitcoin mining operation) and
have no good source off income to return it.

One day in the future i believe there will be enough space and wealth bitcoin related, and many will find their place in bitcoin related service or jobs, but for now, it's best
to leave it as a side job, and additional source of income (or better yet just save it on the side, because we all know that bitcoin will either thrive one day)

If i was able to make that much money off course i would go full ino the bitcoin but i dont think you can make much money because the bitcoin will also crash and than also your life crashes.

dunfida

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Quote from: Mr. Big on October 05, 2016, 01:30:29 AM

Quote from: Harry Callahan on October 05, 2016, 12:57:26 AM

i dont believe the fact that you can earn a living with bitcoin or any other crypto currency ,it is not regulated nor cannot predict the value in the near future,with this kind of unpredictability i would not dare to quit my job to go full time on crypto currency,but it is a fun way of earning some extra bugs to place some dice and for entertainment

I think you are bad at math... Kidding... Grin

Anyway, there are already testimonies that they are living because of bitcoin, and most probably they found their own ways to earn more than what they earn in real life or probably they don't have a job and do the best of what they have...It is possible to earn a living with bitcoin since they can do it, why can't we? But for me, I still prefer to work since I am comfortable with it and there is no opportunity yet for me that could make me earn enough to feed my family...

Agree with your opinion mate, there are really people who makes a living with bitcoin especially to those people who dont have jobs and they just find a way to earn money here in bitcoin world but as you said i wont quit my job just to go full time on bitcoin hence theres no stable income here.

Mr. Big

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Quote from: Harry Callahan on October 05, 2016, 12:57:26 AM

i dont believe the fact that you can earn a living with bitcoin or any other crypto currency ,it is not regulated nor cannot predict the value in the near future,with this kind of unpredictability i would not dare to quit my job to go full time on crypto currency,but it is a fun way of earning some extra bugs to place some dice and for entertainment

I think you are bad at math... Kidding... Grin

Anyway, there are already testimonies that they are living because of bitcoin, and most probably they found their own ways to earn more than what they earn in real life or probably they don't have a job and do the best of what they have...It is possible to earn a living with bitcoin since they can do it, why can't we? But for me, I still prefer to work since I am comfortable with it and there is no opportunity yet for me that could make me earn enough to feed my family...

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Quote from: Harlot on October 05, 2016, 12:47:24 AM

Gabmen can you pm me about the plan you have in mind, I am interested in earning bitcoin like it is a part time job to me. I want to experience being paid full time online even without quitting a real job. For me if you can handle both real job and bitcoin I can have 2 months worth of salary in just a month. But I don't think quitting your real job is a good idea. I would rather do both at the same time.

Than I can assure you that you would be bad at both of them. IMO if the both jobs are on completely different levels, with entirely different set of skills required, both wary in necessary approach and complexity than a person who is entangled between the two will be torn apart and easily distracted. Under pressure and stress caused by two different tasks one may and will collapse, at some point. It is better to stick with one at a time.
There is that old proverb in my language, dont pull to many ravens by the tail, witch means exactly that what I said above.

Leonard2016

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Quote from: Harry Callahan on October 05, 2016, 12:57:26 AM

i dont believe the fact that you can earn a living with bitcoin or any other crypto currency ,it is not regulated nor cannot predict the value in the near future,with this kind of unpredictability i would not dare to quit my job to go full time on crypto currency,but it is a fun way of earning some extra bugs to place some dice and for entertainment

i think the biggest problem that everybody has is the fact that bitcoin is not stable and the price is not predictable so it is hard to rely on it as a currency to use for paying your life expenses, like rent and buying stuff like groceries.

this is why bitcoin remains as an investment mostly/

Harry Callahan

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i dont believe the fact that you can earn a living with bitcoin or any other crypto currency ,it is not regulated nor cannot predict the value in the near future,with this kind of unpredictability i would not dare to quit my job to go full time on crypto currency,but it is a fun way of earning some extra bugs to place some dice and for entertainment

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