Topic: Will you quit your day job to go full time on bitcoin? - page 65. (Read 459212 times)

Yeah sky is the limit in earning bitcoins it will depend on you how much you are capable of earning it, and its good to earn from  both of them as we never know how long bitcoin will survive.

you are right, i think you can make a lot of money with bitcoins to be honest if you will be able to work for it

Perahps the company that you are using now will reopen in the future and you can go back or maybe you will be advertising your own service or business before too long, you never know.

you are right though bitcoins might take a lot of time from you so i wouldnt actually do both most probably

Yeah if we can manage to earn from both of them then we should work on it as your earnings will be higher if you combine the efforts which will increase your wealth.

If you can do both jobs on real life and on bitcoin, why not pick both ? It will be a good synergy to earn money and i want this way. Having a real job and do bitcoin job when i have free time.

To answer the original question of the OP:
Nowadays making a living out of Bitcoin it's much more harder then back in 2012-2014. For me it seems like at the era when comunism has fallen in East Europe and USSR.
During the communist era there were no Supermarkets, McDonalds, fast foods in these countries, almost every company was owned and runned by the government. After the regimes has fallen huge waves of privatizations have started. The lucky private persons who had a little capital had the chance to start a business which haven't been available during the communist era but only in western capitalist countries. Everybody felt the first breezes of the western capitalist world. People started to buy branded clothes, started to go to McDonalds etc. The people who opened the first private restaurants, clothes shops etc made huge amounts of money because they created something NEW. Thats why there are a lot of  oligarchs in Russian, Ukraine, etc.
Why have I wrote this novel?
Because the situation with BTC is the same as it was with the fall of comunism. The people who had a little courage and had a little bit of capital are at the top now.
Look at theymos the creator of Bitcointalk. The revenue of bitcointalk in 2014 was around $400k. SInce then ever more user came.
Look at Stunna the creator of Primedice.

Summa summarum. You must have courage and good timing. Then you can quit your job

it is not a major factor, but the main factor is if you go full-time in bitcoin and could not get great results and stable, it certainly could be a big problem. the price volatility as long as you can get a lot of results I think it does not matter.

Yes price volatility is major factor for not getting full time in bitcoins, as you never know what price bitcoin will show us tomorrow and that makes it really very risky.

i wouldnt quit my job even if i had that much money in bitcoins to be honest, bitcoins is not stable right now so it would be risky

Capital is not the main important thing, you should have the skills that would give your a consistent income in trading, it is hard for the beginners and even old traders if they cannot figure out the technique to make money.

You can earn a living with trading if you have good capital, and you can expect good income from it but its always good to keep it extra and continue with full time job.

Quitting job and going full time would be the last thing to do me. My country does not have bitcoin accepting merchants and hence fiat is all that I can use. Even if I earn bitcoin and try to exchange it for fiat, it is taxable and hence I will lose a lot during the conversion process. Also the price of bitcoin is very much fluctuating. Hence you cannot stabilize your income in any manner and keep track of inflow and outflow during your daily transactions.

yeah I think if you want to work full time in bitcoin look for jobs provide steady income to you. do not try to take the risk out of real job just because you want to focus on trade bitcoin? because I'm sure your income will not always remain. so it would be very risky

I think bitcoin current status does not significantly affect your income? although bitcoin banned in my country? but if I want to work hard then I will earn a great income from bitcoin? and you know you can convert bitcoin to fiat very easily. so you do not need to worry dude

For sure. it's not the best idea to give up stable money for unpredictable money if your not a multi millionaire. First be sure to be able  to live then look at your secondary income, dont make this your primary.

Gambling is not a job unless you are consistently making money from it but the reality is it is very hard to make money in gambling but easy for use to lose our money. We only quit our job if we have another job that pays better than our current job, and we can do that here online.

what are you doing with your bitcoin?? because if you can earn more than day job are you doing some gambling activities where you can earn more profit than day job because for me i cant do that i am depends on my job because it can give me stable monthly salary

I think as long as i can do both i will, but if bitcoin will have offer a job with much more than what i am earning in my job i will do full time in bitcoin but if is not i will continue what i am doing right now.

if you are first minner in first launch, im sure you can get 1.000.000 bitcoin.
we must realistic with our life, we must see the fact we don't have more bitcoin to goo full time on it.