I hope no one is actually doing this. Quitting your job and focusing sole time on Bitcoin, is probably a bad idea. It is basically becoming a full time gambler. You always have to have a back up plan, my backup plan is Bitcoin, my main squeeze is my job.
Why? I'm doing fine, if BTC dies, then its the same as losing your crappy job at the supermarket. And there's no gambling, whether the BTC price is 100$ or 200$ or 500$, i'm fine. You just need an emergency cushion, which i have.
Its just a source of income, and somewhat of a job. Its like anything else, why is it a bad idea?
How are you earning coins as income with no income? Are you trading, or investing or what? And it is like gambling if you are doing that, because you always have a chance to lose, so how is it not gambling?
It isn't like everything else, it is just gambling.
I'm not gambling, i'm mining and then also doing microjob-ish that by itself earn me enough money to pay the rent and eat. I don't see much being uncertain about this. Where is the gambling in that?
BTC price dropping? Well its not very different from the recession here. We went from 1CAD being 1.05USD to 1CAD being 0.75USD. Which is an advantage of sort right now since not all prices here raised by 30%+ but with the BTC -> CAD conversion, it went up 30% as well.
Well I heard mining was not profitable due to electricity cost so I didn't really think that was an option anymore? I would still say you are gambling, if the BTC market completely crashes you will have nothing. CAD is still worth the same in CAD, its not like the price of bread went up because the value changed, you would still have the same amount regardless.
The price of bread did change. Its now 4CAD for a loaf. Cereals i used to buy almost doubled in price. My crackers are now 5$ a box instead of 2.79$. Computer parts went up 20-40% All these changes since mid 2014. So yes, with CAD crashing, its exactly the same.
And mining is profitable, its only NOT profitable to people that have high electricity cost. I'm guessing a lot of Americans are in high electricity zones (0.08/kWh+) and are thus saying it is no longer profitable for them. But that is not the case for most people seeing how much hashrate the network is at and is still growing.
And again, its not gambling, if the BTC price drop to 0 in the next minute, i still made enough money with BTC so far to hang on for a while.
Its exactly the same thing as losing your job IRL.
But in reality, its even less likely for BTC to "fire me" than working shit jobs dealing with annoying customers.
, but only on CAD design field! 
