Will you quit your day job to go full time on bitcoin? - page 266.

knowhow

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Quote from: shane on March 10, 2016, 09:37:54 PM

Quote from: knowhow on March 10, 2016, 08:41:00 PM

I wouldnt moove from the country i live ,i could return my country with those 2 btc montly ,but nothing is safe at crypto world and there is no garantee of making such income montly,otherwise i would be having fun and taking holidays from the real work for sometime atleast.

wow it's a good earning, 2btc/month..? are you daily trader..?
for me if i can earn 2btc/month i will leave my daily job then go full time on bitcoin.

No if i had that kind of income i would be working for anyone,as i said before i would be able to return my country and live there without worries ,being able to save a part of those 2 bitcoins ,i believe 0.50bitcoins would be put on savings for an emergency montly.

chaosknight

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Quote from: ronaldinho_07 on March 13, 2016, 12:29:14 PM

Before make any action you must know how much you need to have atleast a normal life,if you can get an stable income montly ,then you should consider to left or no the real work,but you must know you need to save a part of the income otherwise if bitcoin die you wil be dead as well.

yes and its never recommended to only depend on bitcoins as it would be a really risky decision to make to rely on bitcoin as if gets disappear in future then it would be really difficult for you to survive.

ronaldinho_07

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Before make any action you must know how much you need to have atleast a normal life,if you can get an stable income montly ,then you should consider to left or no the real work,but you must know you need to save a part of the income otherwise if bitcoin die you wil be dead as well.

SquallLeonhart

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Quote from: diegz on March 13, 2016, 09:08:41 AM

Quote from: torrentheaven on March 12, 2016, 11:20:29 AM

I will never quit my job for bitcoins, and if I does then I am taking a huge risk with my family as there is no security for future if you are only earning with bitcoins as you don't know where bitcoin will stand in future.

Since we all don't know what's gonna happen on bitcoin in the future, I guess that we need to secure first our future, besides, you need a bigger amount of bitcoin if you wanna go full time in it, and go trading ,there would be days that your family won't eat because of the fluctuation in price, so you need to have extra income or savings...

Treat bitcoin as your extra income don't make it as a full income as if it don't perform well in future then you would surely in a big trouble, continue with your regular full time job and keep bitcoin as additional income.

diegz

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Quote from: torrentheaven on March 12, 2016, 11:20:29 AM

I will never quit my job for bitcoins, and if I does then I am taking a huge risk with my family as there is no security for future if you are only earning with bitcoins as you don't know where bitcoin will stand in future.

Since we all don't know what's gonna happen on bitcoin in the future, I guess that we need to secure first our future, besides, you need a bigger amount of bitcoin if you wanna go full time in it, and go trading ,there would be days that your family won't eat because of the fluctuation in price, so you need to have extra income or savings...

JessicaSe

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Quote from: blackmachinegun on March 13, 2016, 03:48:51 AM

Quote from: torrentheaven on March 12, 2016, 11:20:29 AM

I will never quit my job for bitcoins, and if I does then I am taking a huge risk with my family as there is no security for future if you are only earning with bitcoins as you don't know where bitcoin will stand in future.

agree there is no guarantee for the future of bitcoin besides income or salary in bitcoin will not be stable and fix in Every month could go up or down. so if you have your responsibilities as a family better to work in a real job. do not leave it mate

Yeah, cannot afford only to rely on bitcoin, as if it doesn't survive in future then that would be the worst scenario as you don't have any other source to earn money so its better that we keep on working on both.

blackmachinegun

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Quote from: torrentheaven on March 12, 2016, 11:20:29 AM

I will never quit my job for bitcoins, and if I does then I am taking a huge risk with my family as there is no security for future if you are only earning with bitcoins as you don't know where bitcoin will stand in future.

agree there is no guarantee for the future of bitcoin besides income or salary in bitcoin will not be stable and fix in Every month could go up or down. so if you have your responsibilities as a family better to work in a real job. do not leave it mate

gkv9

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Quote from: torrentheaven on March 12, 2016, 11:20:29 AM

I will never quit my job for bitcoins, and if I does then I am taking a huge risk with my family as there is no security for future if you are only earning with bitcoins as you don't know where bitcoin will stand in future.

That's true...
Had been living on Bitcoins since past 2 years, but now need to take the real responsibility on my shoulders by getting out of the doors and work...
Just because the payments here and there are being uncertain, it is not possible for me and my family to survive during this inflated time...

torrentheaven

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I will never quit my job for bitcoins, and if I does then I am taking a huge risk with my family as there is no security for future if you are only earning with bitcoins as you don't know where bitcoin will stand in future.

BeGoods

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Quote from: shane on March 10, 2016, 09:37:54 PM

Quote from: knowhow on March 10, 2016, 08:41:00 PM

I wouldnt moove from the country i live ,i could return my country with those 2 btc montly ,but nothing is safe at crypto world and there is no garantee of making such income montly,otherwise i would be having fun and taking holidays from the real work for sometime atleast.

wow it's a good earning, 2btc/month..? are you daily trader..?
for me if i can earn 2btc/month i will leave my daily job then go full time on bitcoin.

unless you work in a company that are related to bitcoin. of course the company can give a fixed income and stabilize. if you're just working on bitcoin as a regular course of his income will not remain 2 BTC/month mate

ronaldinho_07

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Having an exchange isnt just open the doors and let it there,look yobit,is getting always news coins,and working with the biggest and interesting coins as well,they need to get the securitie and always improve to avoid become an old exchange and users left them,they made the daily reward to get the costumers active and happy.

DeDordtenaar

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Quote from: dinda22 on March 11, 2016, 03:26:44 PM

Quote from: DeDordtenaar on March 11, 2016, 11:05:59 AM

Quote from: dinda22 on March 10, 2016, 01:42:21 PM

Quote from: hendra147 on March 10, 2016, 09:04:56 AM

Quote from: Bitcoinbro on March 10, 2016, 08:37:29 AM

Its not good to that. Than your life will depended on a value that will always change and that will really going bad and that is not good.
Its better to see Bitcoin as a small earning or something that will be perfect and just have a daily job.

for me bitcoin is more important than my fiat, for me bitcoin can be my "daily job" and i can go full time on bitcoin. but not today, i must reach 10-15btc before go full time on bitcoin

hmm to reach 10-15BTC before halving it was hard for me. means you have to make 3 - 4BTC/month?

I thought to earn a living by it. you should be the boss an exchange sites or gambling sites. even gambling site owner. do not have that much income each month mate :/

yes you're right, have to be a boss. but I prefer to be boss exchange, rather than boss gambling that the risk is very big.

agree to you, you could benefit from the fees that you put from traders who trade on your exchange site. there is no risk of loss. easier here Cheesy

Amph

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i was looking at decree and the pos work in a different way there, you can even go full time with it

it seems that by some calculation, you can earn 1k decree per month if you have already 1 k decree to use for the pos system

that is a lot of money

umaOuma

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Quote from: ajun96 on March 12, 2016, 02:41:50 AM

Quote from: LarryHocks on March 11, 2016, 10:37:23 AM

I would never quit my day job for a job to go full time bitcoin, its not a monthly salary you are guaranteed from.
The bitcoin can also lower a lot and than you will even lose a lot of money.

I can draw the conclusion that the problem is fluctuation. that prices can change at any time. it makes our income be up and down. uncertain
while the price of bitcoin is still fluctuating. probably still a few people who are interested to work full time in bitcoin

If you don't have any other thing to do then you can go full time in it, but If you have a good job then it is not recommended to quit you job and only depend on bitcoin as it can be risky if bitcoins don't do well in future.

shane

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Quote from: ajun96 on March 12, 2016, 02:41:50 AM

Quote from: LarryHocks on March 11, 2016, 10:37:23 AM

I would never quit my day job for a job to go full time bitcoin, its not a monthly salary you are guaranteed from.
The bitcoin can also lower a lot and than you will even lose a lot of money.

I can draw the conclusion that the problem is fluctuation. that prices can change at any time. it makes our income be up and down. uncertain
while the price of bitcoin is still fluctuating. probably still a few people who are interested to work full time in bitcoin

you can use fiat currency as rate to your working, like $10/design, with current rate $10 = 0.024, if bitcoin rate fail to $300 your rate per design still $10=0.033

ajun96

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Quote from: LarryHocks on March 11, 2016, 10:37:23 AM

I would never quit my day job for a job to go full time bitcoin, its not a monthly salary you are guaranteed from.
The bitcoin can also lower a lot and than you will even lose a lot of money.

I can draw the conclusion that the problem is fluctuation. that prices can change at any time. it makes our income be up and down. uncertain
while the price of bitcoin is still fluctuating. probably still a few people who are interested to work full time in bitcoin

Windpower

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Quote from: danherbias07 on March 12, 2016, 01:55:46 AM

Quote from: Dr.Osh on March 12, 2016, 12:11:23 AM

Quote from: Scream on March 11, 2016, 10:56:14 PM

Quote from: phibay on March 11, 2016, 08:05:14 PM

I assume those who quit their job to be full-time on bitcoin should have a nice savings and a back-up plan....hopefully Roll Eyes

nice suggestion

agree with you, go full time in bitcoin will make your salary uncertain. so you should have back up to pay your daily cost. i think we must have minimun 10btc before going full time on bitcoin.

yeah, before looking for bitcoin, we should have to have a lot of savings, it might be better to work while looking for bitcoin, because it is a good option to raise money

Correct. It can also be your way to buy some bitcoin. If you got some spares you can make it as a bitcoin and see how it grows. It is like your own bank.

I definitely recommend that you don't quit your job for full time Bitcoin. It is just a very big risk that only rich people should take.

danherbias07

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Quote from: Dr.Osh on March 12, 2016, 12:11:23 AM

Quote from: Scream on March 11, 2016, 10:56:14 PM

Quote from: phibay on March 11, 2016, 08:05:14 PM

I assume those who quit their job to be full-time on bitcoin should have a nice savings and a back-up plan....hopefully Roll Eyes

nice suggestion

agree with you, go full time in bitcoin will make your salary uncertain. so you should have back up to pay your daily cost. i think we must have minimun 10btc before going full time on bitcoin.

yeah, before looking for bitcoin, we should have to have a lot of savings, it might be better to work while looking for bitcoin, because it is a good option to raise money

Correct. It can also be your way to buy some bitcoin. If you got some spares you can make it as a bitcoin and see how it grows. It is like your own bank.

jakelyson

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Quote from: ajun96 on March 10, 2016, 02:37:41 AM

Quote from: rio3233 on March 10, 2016, 01:07:30 AM

Quote from: ronaldinho_07 on March 09, 2016, 07:24:54 PM

If i could earn 2 btc montly i would be happy,and i would spend atleast one and the other i would convert into fiat and apply it at bank ,maybe,i know bitcoin may die in the future but this year should be one of the best moments to be at bitcoin.

If i can earn 2 bitcoins per month, i will leave my day job too. And focus on bitcoin, earning 2 bitcoins per month is really big for me. Especially in my country.

I think for income 2 BTC or about $800 is big enough for a country that still has a small economy. we have to realize that. but for earning $800 per month in major cities like New York or LA it was very small income. because the cost of living in the city is very large. you can not rely on salary only for that to live in the united states

Yeah, like in our country. You can live comfortably if you earn 2btc a month, it is even way more than a minimum wage earner can get. If could also earn that much consistently, I can consider quitting my full time job.

Dr.Osh

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Quote from: Scream on March 11, 2016, 10:56:14 PM

Quote from: phibay on March 11, 2016, 08:05:14 PM

I assume those who quit their job to be full-time on bitcoin should have a nice savings and a back-up plan....hopefully Roll Eyes

nice suggestion

agree with you, go full time in bitcoin will make your salary uncertain. so you should have back up to pay your daily cost. i think we must have minimun 10btc before going full time on bitcoin.

yeah, before looking for bitcoin, we should have to have a lot of savings, it might be better to work while looking for bitcoin, because it is a good option to raise money

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