Author

Topic: Will you quit your day job to go full time on bitcoin? - page 252. (Read 459212 times)

hero member
Activity: 728
Merit: 500
EtherSphere - Social Games
Now why would you do that? Why not us both to maximize your potential income  Huh
This is a more logical strategy to make bitcoin/fiat work for you to become successful financially.  Grin
legendary
Activity: 1232
Merit: 1000
For now i won't. Maybe for experts in trading they will. But i'm not really good in trading so i won't. It's really hard to rely on bitcoin if you do this. Because you don't know if the price will go up or down.
This is good for a side job, the earning are also good to pay some bills.
ya better not take quicker decisions to leave the job because bitcoin.
you have to try a couple of months in bitcoin. if you can get the better of your real job.
well if you could conclude, you can make a decision.  I am also so, when it chose to get out of work and focus on bitcoin.
full member
Activity: 224
Merit: 100
For now i won't. Maybe for experts in trading they will. But i'm not really good in trading so i won't. It's really hard to rely on bitcoin if you do this. Because you don't know if the price will go up or down.
This is good for a side job, the earning are also good to pay some bills.
hero member
Activity: 560
Merit: 500
The same way you could loose 10% from 2000 you can earn 10% soo that isnt the problem.Bitcoin has not yet to the normal users something they can be able to earn more then some 0,10-0,60btc with signatures,normal income.Soo if we had some other services paying 1-2-3 btc montly doing something normal like captchas,or something similiar i would left my work knowing i would get such income monthly.
full member
Activity: 242
Merit: 100
Blockchain-based Financial Ecosystem
Already if I was rich enough to meet my daily needs I would quit my day job and go full time on bitcoin as its going to make big changes in future.

Earning a income from bitcoin is good, but depending only on bitcoin can be risky in future as if the price falls down then it will be difficult to earn a descent amount from it.

yes my friend you are the right we can't totally dependent on the bitcoin, It is better opportunity to job for currently earning money and for future we don't know what will happen there, If bitcoin will close in the future then what we will do there at a moment, For earn money its very hard this time at all.
legendary
Activity: 896
Merit: 1000
Already if I was rich enough to meet my daily needs I would quit my day job and go full time on bitcoin as its going to make big changes in future.

Earning a income from bitcoin is good, but depending only on bitcoin can be risky in future as if the price falls down then it will be difficult to earn a descent amount from it.

Yes, that is why I never would not do this there are just too many risks, the bitcoin can even collapse and than you will lose everything because you where only dependable on the bitcoin itself.
I don not recommend this at all people because its just not worth it, the bitcoin still has to proof itself.

Yeah and if you are doing it then you are risking your life as you might go through financial drawback in future if bitcoin doesn't perfroms well.

This is why its considered high risk lol.

Anyone saying yeah its good to go full time is a bit dellusional since they dont factor the part of price loss which can kill their entire pay by half.

for side jobs it's not a problem if you earn everything in bitcoin since it mostly is a smaller payment and not important like your full salary. i personally would never want my salary to be paid fully in bitcoin as long as the price is volatile as it has been for years. there are bills that have to be paid as mortgage, insurances, daily needs, and the list goes on. it's not nice to see your $2000 salary to be paid out in bitcoin and the next day the price goes down with 10%.
full member
Activity: 196
Merit: 100
Already if I was rich enough to meet my daily needs I would quit my day job and go full time on bitcoin as its going to make big changes in future.

Earning a income from bitcoin is good, but depending only on bitcoin can be risky in future as if the price falls down then it will be difficult to earn a descent amount from it.

Yes, that is why I never would not do this there are just too many risks, the bitcoin can even collapse and than you will lose everything because you where only dependable on the bitcoin itself.
I don not recommend this at all people because its just not worth it, the bitcoin still has to proof itself.

Yeah and if you are doing it then you are risking your life as you might go through financial drawback in future if bitcoin doesn't perfroms well.

This is why its considered high risk lol.

Anyone saying yeah its good to go full time is a bit dellusional since they dont factor the part of price loss which can kill their entire pay by half.
hero member
Activity: 924
Merit: 1000
I don't myself doing that anytime soon, First you need a big amount of coins to get a stable profit of it therefore need a big "whale" to do so, Also it's not consistent so it's hard to get something like a stable monthly salary of it. it's still a good part-time job and entertainment.

Exactly, your monthly income will be dependent on price fluctuations, sometimes it will be high and sometimes it will low which can be very risky if bitcoin remains low for couple of months.
legendary
Activity: 980
Merit: 1000
Don't Hesitate to Tip me for My Helps and Guides.
I don't myself doing that anytime soon, First you need a big amount of coins to get a stable profit of it therefore need a big "whale" to do so, Also it's not consistent so it's hard to get something like a stable monthly salary of it. it's still a good part-time job and entertainment.
hero member
Activity: 798
Merit: 1000
i will surely not quit it right now as i dont have any full time jobs i could do on bitcoin thus i wouldnt be able to make that much money

also i really like my job and i dont want to get out of it so most probably i wouldnt even quit it then

That is the right decision to make, as we get many benefits from our job which bitcoin can never offer us not now and not even in future, it would be best if we concentrate on both.
hero member
Activity: 770
Merit: 500
i will surely not quit it right now as i dont have any full time jobs i could do on bitcoin thus i wouldnt be able to make that much money

also i really like my job and i dont want to get out of it so most probably i wouldnt even quit it then
sr. member
Activity: 420
Merit: 250
Already if I was rich enough to meet my daily needs I would quit my day job and go full time on bitcoin as its going to make big changes in future.

If i also have a job in bitcoin that can covered my daily needs and money, i think i will go full time on bitcoin. I know it's risky, but for me it's ok and it's like gambling though.
hero member
Activity: 812
Merit: 1000
Already if I was rich enough to meet my daily needs I would quit my day job and go full time on bitcoin as its going to make big changes in future.

Earning a income from bitcoin is good, but depending only on bitcoin can be risky in future as if the price falls down then it will be difficult to earn a descent amount from it.

If you are certain that the price will go down, then short it in trading. Then you will still have money even if bitcoin loses value. And when the price is picking up again, make a long trade. You can still earn even if the price flactuates. But I still won't quit my job though. Bitcoin is a very good additonal income and I like to keep it that way.

Its good to have a high expectations from bitcoin but the expectation should be real, if you quit your job thinking that the value of bitcoin will be in millions and you can afford to quit your job then it doesn't make any sense.
legendary
Activity: 2240
Merit: 1069
Already if I was rich enough to meet my daily needs I would quit my day job and go full time on bitcoin as its going to make big changes in future.

Earning a income from bitcoin is good, but depending only on bitcoin can be risky in future as if the price falls down then it will be difficult to earn a descent amount from it.

If you are certain that the price will go down, then short it in trading. Then you will still have money even if bitcoin loses value. And when the price is picking up again, make a long trade. You can still earn even if the price flactuates. But I still won't quit my job though. Bitcoin is a very good additonal income and I like to keep it that way.
hero member
Activity: 952
Merit: 1000
Already if I was rich enough to meet my daily needs I would quit my day job and go full time on bitcoin as its going to make big changes in future.

Earning a income from bitcoin is good, but depending only on bitcoin can be risky in future as if the price falls down then it will be difficult to earn a descent amount from it.

Yes, that is why I never would not do this there are just too many risks, the bitcoin can even collapse and than you will lose everything because you where only dependable on the bitcoin itself.
I don not recommend this at all people because its just not worth it, the bitcoin still has to proof itself.

Yeah and if you are doing it then you are risking your life as you might go through financial drawback in future if bitcoin doesn't perfroms well.
newbie
Activity: 56
Merit: 0
Already if I was rich enough to meet my daily needs I would quit my day job and go full time on bitcoin as its going to make big changes in future.

Earning a income from bitcoin is good, but depending only on bitcoin can be risky in future as if the price falls down then it will be difficult to earn a descent amount from it.

Yes, that is why I never would not do this there are just too many risks, the bitcoin can even collapse and than you will lose everything because you where only dependable on the bitcoin itself.
I don not recommend this at all people because its just not worth it, the bitcoin still has to proof itself.


It is really risky to quit a job and go for bitcoin,i would still choose my job as its stable and much more needed in my life than bitcoin.
I wont take the risk of getting no food to eat and a house to live just because of bitcoin.
sr. member
Activity: 406
Merit: 250
Already if I was rich enough to meet my daily needs I would quit my day job and go full time on bitcoin as its going to make big changes in future.

Earning a income from bitcoin is good, but depending only on bitcoin can be risky in future as if the price falls down then it will be difficult to earn a descent amount from it.

Yes, that is why I never would not do this there are just too many risks, the bitcoin can even collapse and than you will lose everything because you where only dependable on the bitcoin itself.
I don not recommend this at all people because its just not worth it, the bitcoin still has to proof itself.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
Already if I was rich enough to meet my daily needs I would quit my day job and go full time on bitcoin as its going to make big changes in future.

Earning a income from bitcoin is good, but depending only on bitcoin can be risky in future as if the price falls down then it will be difficult to earn a descent amount from it.

you can sell your coins as you earn them if you are afraid of how the price is going to change. or at least you can sell as much as you need and store the rest for the future possible price rise as an investment.

I was thinking about doing this (quitting my day job and go full time with bitcoin) by starting some businesses and adding more to my earning methods with bitcoin by dedicating my full time to this but I haven't done it yet. mostly because I like online jobs to be as my second source of income not first and honestly I am a little afraid of the job's future.
hero member
Activity: 938
Merit: 1000
Already if I was rich enough to meet my daily needs I would quit my day job and go full time on bitcoin as its going to make big changes in future.

Earning a income from bitcoin is good, but depending only on bitcoin can be risky in future as if the price falls down then it will be difficult to earn a descent amount from it.
hero member
Activity: 2310
Merit: 532
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
Already if I was rich enough to meet my daily needs I would quit my day job and go full time on bitcoin as its going to make big changes in future.
Jump to: