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In the past month and a half i've made over 100k arbing different markets and developing a very hard-to-beat strat. I submitted my resignation to my full time job last week . Wish me luck.


Long live crypto.  8)

Update and some answers to your questions :https://bitcointalk.org/index.php?topic=5321029.msg56477603#msg56477603

Congratulations to you then. If arbitrage is what you do, can you name those exchanges where you usually buy and sell coins? I'd like to do it and make at least a few bucks from doing so. Although it's not that guarantee and transfers should always be quicker than what we're expecting.
Do you have specific cryptos that you purchase for doing arbitrage? I hope you'll share your strategy.

I wish you luck of course.

How much capital you used initially to trade or invest?
Did you withdraw your initial capital and use it as your savings or backups for sudden usages for you or your family?

The second question is also my advice. If you already won big, please withdraw your initial capital and don't use it to trade or invest. Use your profit to trade or invest and keep your initial capital safely and untouched.

It is common loss story that people earned big and lost bigger. Good luck and take care.

Good luck and arbitrage is something which doesn't involve risks either so making 100k without taking risks is quite outrageous. Do you arbitrage coins like buying from one exchange which offers it at lower price and selling it at higher prices to another exchange? I am really interested to know more.

One month and a half and $100k profit is insane because myself being someone who has studied arbitrage trading in depth, there is hardly 1-2% margin in it and if you are making that much profit either you have gigantic capital to work with or you are just working with 50+ coins and trading them rigorously.

Please share some details if possible because its hard to believe. I was checking your post history and it seems like you are coming back to the forum after an year so welcome back.

In life we have hard decisions to make, you can even have a business of $5000 that can bring you more income, and you earned $100,000 already, if your salary is not making sense, you can leave the work, if you want to establish yourself and your job will disturbed the establishment, you can also quit it. If the reason you quit is for good, there is nothing bad. But I will advice you to get other things doing other than trading while trading patiently will bring more income.

Its hard for people to decide about quitting or not with there current job in exchange for something risky but I'm sure OP is confident about his decision since as he said he already earn 100k for his arbitrage trading and that's so impressive. Although $100k is big but I think that's not enough for building a good sustainable business since creating it needs more capital and that amount is lacking(IMO).

For sure once he earn more he will not settled on one earning option since money making is one of the target of most people here so lets hope for the best for him.

Being a full time trader may be effective for some people. Quitting to a full time job to become a trader may a good move, but you should not think win always, as you said you are still in your 2 months.
The best if you will continue with stable profits, to sustain expenses of you or your family.
I know some trader who become a full time trader and they admit, it is extremely stressing job.

Yes I will wish you luck and a big one too indeed. Trading can profit you more than your job especially if it is a low paying job.
Trading has advantage a lot . it gives you more time to do other things outside trading and if you are good with the trade that you are making constant profit, you are very much in your road to wealth.

I think everyone will say Good luck (and I did) and why? Is that because trading is a big challenge and of high risk.

Losing our stable job is a big sacrifice we did to our life. We already have the financial security and ain't that simple living for a thing that we never get 100% assurance to make good rounds every day or have lost our money. But sometimes we have to sacrifice something just to get satisfaction and to achieve our goal. Yeah, who knows exactly if we even get more in trading than in our full-time job.

Just keep saving your money and not try to all in for trading because we can't prediction with coin always higher price, maybe when you said trading is best way to earn much money and resign from your job, you got many problem and well done if your trading always profit, but there are not guarantee with trading give much profit for you, many time we got wrong prediction and should waiting for long time to get back our money.

Good luck bro.
$ 100,000 is a good amount. I just have to get to her. I don't know with what capital you started, but, in principle, such an amount allows you to relax a little and start working for yourself. I would also probably write a letter of resignation. Although I like to work in the mode in which I work. Plus, communication with the team is also not the last thing.

wow, how lucky you are...
I have been trying for several years to find the right formula for profit in arbitrage but have not found it, whereas you have only been 2 months and immediately found a suitable formula. where did you learn from, maybe you can share tips and tricks!

That sounds good and only a few could able to do such thing when making trading as a main source of income and become sustainable with it. Its just nice to hear off to somebody that theyre

trying to make a very hard to beat strategy.Well, good luck into that one and wish you the best in your trading journey because having some talent on dealing with market doesnt really fit out for all.

How i wish that i would be something the same like you on where i would quit up my 8-5 job and go full time with trading, if i would really be sustainable.

First of all congrats for this achievement and for the courage that such a decision requires. First question that comes to my mind is: what was your starting capital needed to reach that 100K profit milestone?
Be wise with managing your bankroll and keep it up. Best of luck man.

What an interesting read knowing that OP is going full time on trading it's very few people who can actually do what he does. I hope it continues because crypto market sometimes is very unexpected unlike to stocks market. I wish to believe what the OP been saying is true but who knows?

Everyone can talk but can't do exactly what they were talking and I really hope OP could survive the hardship of trading although he had his all time since he was resigning to his stable job before. So good luck, OP for your new career.

That's great, but you sure you did the right thing resigning from your job? You know that trading is very risky. Just because you managed to make 100k now, doesn't mean you will be able to do that every day. You should even know that your "hard-to-beat" start might fail anytime because the market isn't always the same. Having a job gives you a "risk" free source of money. So think again. But in the end, its your choice. You know what's best for you. So good luck with your trading.

You're the lucky guy who makes $100k from your trades on crypto. Of course when the market is bullish it is now it is very profitable for trading and investing.
And your decision to quit the primary job was a very brave decision. Most people can't do as you do, quitting the job because you just want to focus on crypto,
is amazing!

While that is great make sure that you do not use all of that money to trade the markets and instead diversify yourself and maybe even establish a small business, I say this because while your profits are impressive and you may seem to have a great system cases like yours are not rare, there are many winners in this market but then they make a mistake or they find out their strategy was not as infallible as they thought and then they suddenly find themselves without money and without a job.

This way by creating your own business you have something to rely on in the case things do not work in your full time career as a trader and you can protect yourself and your family from suffering unnecessarily by it.

Exchanging your stable job just because you've decided to go full time with trading is indeed risky because we know that trading profits isnt really consistent or shall we say its unstable which means there are days turns out to be profitable and there are days which would be a lost.So thats really a tough decision to be made in the first place.

If he can manage to make $100k then that signifies that he's really earning more than he can earn on having a day job.It just right for him to make out decisions if he would decide to go full time or having both at the same time but we know that engaging on two things wont be simple because this would talk proper time management.

If he do sees that it is much worth to trade than to have a day job then its his decision and he's definitely aware of the risk that he had taken.

I don't want to cut the enjoyment and decision that you've made and that's good if you've made a lot from trading. And if that's your decision and you're very firm doing that, just keep rocking man!
It's hard to become a full time trader but if you've done that with ease and strategy, you're going to earn more from that. Just as you've said, I'm wishing you the best of luck and all the best for your newly found career.

Good luck and I hope that's not a coincidence because, for me, I prefer to have a job while doing trading as my source of extra income but of course, I can't do full-time trader but I can still do trading like long term treading.  That's really impressive that you've earned that big amount in just a month and in half, a good thing if you can maintain this and consistently making a profit every month if not, it's just luck that sometimes we may experience at the first time in our trading activity.

However, there are few traders I heard that the arbitrage is really working for them, but this doesn't mean a guarantee that you have to earn always and always have profit.  Sometimes we need to face those worst consequences that commonly happen on trading activity and I hope you're ready for that.

Make sure that you have withdrawn the initial amount of capital to your 100k profit and save this at least for whatever happens.

Only a few could able to do that so you should cherish on what you had worked so hard because becoming a full time trader isnt for everybody and only a few could able to do that even myself do still cling up to become one
in spite of the years ive been trading but i cant still find myself to be in the profit state.This isnt something that can be achieved with those who do lack knowledge and skills.
Trading full time is stressful even i did experience on doing it on a weeks time when i dont have a job but i cant able to grasp on and making constant or ending up on profits this is why i cant still afford to quit my job
at the moment because im aint sure if i can handle it out in case i do quit. Good job and Good luck into the path you have chosen.

A few answers to the questions above.

I started with about 14k -> turned that in to 30k by holding some good tokens. From 30k onwards 90% of my gains have been from arbing, i always arb back in to stable coin and my primary portfolio is in stable coins.

I wont give any details about the pairs, exchanges , etc that i trade, you need to figure that out for yourself :)

At this point i've gone through about 8 different strats , arbing between different defi exchanges, arbing between centralized and decentralized exchanges, arbing using margin, occasionally buying dips on coins that i know are gonna go back up (monitoring twitter to stay on top of things)  

One key tip i can give you to trading on centralized exchanges is you need to understand exchange patterns  , whenever trading on centralized exchanges i will always monitor the hotwallets and sometimes the deposit wallets to understand inflow/outflow and if an exchange has paused withdrawals.

I've spent the better part of the past year researching defi , various projects looking for these types of opportunities , most of them become saturated quickly , some of them are natural inneffencies in the market where your biggest competitor is other traders .

The goal of quitting my job is to treat this as a full time gig, i need to build up my skillset so that i can better automate my strats, and at the same time i'm also going to work on building skillsets that are in demand by blockchain development companies, ie solidity, rust, python, nodejs . My day job was burning me out and crypto is something i am extremely passionate about, this is where i want to build my skillsets and take my career.

Maybe i'll make some millions on my strats , and the worst case i build a skillset that is in demand by blockchain development companies/teams and get a job in an industry i am extremely passionate about.

Having 100k in the bank from trading is huge motivator, but i very much see this as an opportunity to save myself from burnout and to do something i am passionate about. Long term the worst case is i go back to work in a year, best case i become a crypto billionaire.

Even though your account is a newbie, it looks like your crypto trading skills are very good. And what makes me even more amazed by you is that
your self-confidence is very high. Moreover, deciding to leave a full-time job to focus on crypto trading is a very big decision. I, who have been
trading crypto for more than 3 years, and made quite a lot of profit, don't dare to leave my full-time job in the real world. I wish you success,
and can generate the profit you want.

Congratulations, boy.  When successful, please share your ideas, methods, unbeaten strategy diagrams with us.  I greatly admire your assertiveness, but my condition does not allow to be like you.  :))
I need work to pay off my debt. Lol

Well, it is good that you have made up your decision on taking full time to be a trader since it seems that you are seeing your interest into it and find it more profitable compared to working on a full time office job. But being a full time trader is not always into profit so you still better have another source of income or business if you don't want to take part of working full time into under other people's advice. Better keep going and good luck to your trading journey.

I don't really believe this is the best decision you are making I believe cryptocurrency trading should just be a source of extral income which you can be making additional money which you can be using to pay your bills or other things, I don't believe cryptocurrency should be the main source of income because your income is not stable and if you are not careful you can lose all your funds you don't have to leave all your eggs in one basket. So I will definitely advise you not to leave you just and only depend on cryptocurrency for your source of income trading should just be a alternative source of income and not the main source of income.

Well, we have different choices in life so there's nothing wrong with it also I think you already handle the market trading so good income for you at the same time you don't need to worry about your time because you can make trade whenever you want again this is a risky thing this requires a lot of skills and knowledge with a continuously learning too. Good luck with your path we are hoping that the knowledge you have can be share here to our forum so most of us will benefit too and try to make trading as a part-time or full-time trader.

Risky move, even though it is high return still it is not going to last long forever so you avoided a permanent source of income just for short term gains?

You can do arbitrage while you are working itself or better have other oassive income which can give you income when crypto trading is at bad condition.

100K from arbit is a big number, I am sure that you have been in trading for a long time, especially in crypto.
Quitting your main job to become a full-time trader is a pretty brave decision and you have to really be able to manage your trading capital, good luck with your new job as a crypto trader.

That is good decision only if you have proper savings plan, health budget in case of emergency and extra money to keep you alive in the doomsday! See, money is very bad thing and I have learnt this the most hardest way ever! Your life can come to a point where things could go wrong financially if you dont manage it systematically.

Remember that, trading is risky bet but with a risk comes huge profitability. So if you are staking your money in the Trading then make sure to take out the money for above mentioned things. GL to your future.

I really hope you are trading for more then a month. If this should be your first month of trading, there is no worse move than to quit your job and go fulltime trading. it also depends on your whole situation in life, though. Make sure all your needs are covered and you can bank something every month. Most important, if you are not consistantly profitable with that strategy for more than 5-6 months, you should not quit your job. Make sure rent is paid and food is on the table. Make sure all your bills for the next 8 months are covered. If you can answer all of the above with yes, then I wish you all the best in the world for your BTCUSD (https://de.tradingview.com/symbols/BTCUSD/) trading. If not, take a step back and give yourself more time.

your working and your trading but you already earned a hundred k but if you quit your job and trade all day you can earn more than a hundred k .
you are on the right path and it does not make sense to work hard on a day job and earn not a 1/2 of what you are earning in trading .
goodluck for more bro and if you are done forumulating that unbeatable strat you can make extra money by that by selling or by coaching aspiring newbies in the trading ground .

The reality is that we are in a situation where we could barely make this work even if we want to because crypto is volatile, I am not saying he will fail but the reality is that even if he succeeds over long period of time, there will be moments he can't and that is going to be though. Why?

Because he will need that money eventually, how are you going to pay bills if you do not spend any money, between food and grocery and bills and other life things people spend money on things and when you spend that much on things and also have a capital to protect, when you are earning that is fine but when you are losing you are going to spend the money on top of getting smaller which would be horrible. That is why I believe we are going to end up with something not so fun and I would rather not risk it, have a small part time fun job that you do not care about much and pay small time stuff like bills and so forth with that and trade with rest of your time so you can pay regular stuff with your work.

Agree, the crypto market will have a lot of volatility at some point, generating a lot of profit for the participants but besides that, it also has very quiet periods, and in the quiet phase, the risk is higher than ever even if we have become an expert and experienced with the market, the situation at this stage always forces us to make risky decisions in search of profits. If we have a steady job at that stage, we won't have money pressure, stable income allows us to comfortably, full-time brings huge pressure and is easy to make mistakes

More than five years I am in cryptocurrency and without working on any companies, I think have many way some time get much profit and I ever loss more in cryptocurrency, but I think looking good if free without any working on company and keep focus with trading, joining airdrop and bounty campaign. I have been faced with many sweet moment when get much profit from trading and joining bounty campaign or airdrop project.

Nice.
That's quite an inspiration there, OP. I was overlooking that quitting full-time job even remote ones aren't worth for crypto but it seemed like you rid of those doubts. I guess many would follow your tracks soon enough and it would be a lot of inspiration to be told to everyone since this pandemic destroyed a lot of businesses.
Quite risky but hella worth it based on your story, OP.

That is actually quite true, because people make money during the bull run and think that they can continue to do that and the reality is that this was a cycle bull run that happens once every few years and you can't make money like this forever, and that is what many people are forgetting about, you can't make a profit like this which means you have seen the absolute best and you decided to quit your job and decided to become full time crypto trader on the wrong time.

I agree with you that someone needs to do this part-time for years before they can reach to this point, I have a friend who came in with the 2017 peak period and he decided to trade and he has closed his shop a bit (turned it to side-job) just a month ago, so dude has been trading for 3 years with success and turned about 1.7 bitcoins into 40 bitcoins during that period, now he is still investing and he decided not to work with most of his clients and just keep 2 big clients which will pay all his bills and even a bit of grocery for the house.

Good point! but for someone who can earn more than his regular salary for spending

much lesser time. The choose is not hard to deal with, especially if you do have a good

system that you believe will work and brings you fortune. OP might see that and he

already balance this before he move forward and take this decision.

Reading OP's replies, simply shows that he's really developing a good system to

get higher chances of succcess.

The one you described is a win win situation so seems like the best choice for you.
This is not something I would recommend to anyone doing profit now in this bull market like last months  some people may get fooled into thinking they are great traders, but not your case as your profit comes from arbitrages and it shouldn't matter bull or bear situation.

I like your "scientific" approach to what you are doing and am curious about your studies background and the job you quitted was somewhat related to this new path or was something totally unrelated.

Not all time running well with trading and never have any guarantee you will always earn more than your salary when working, I think without any exact date when bitcoin suddenly correction and take few days for recovery we have planning and saving money when hold coin, maybe if have full working before its easy with saving money during coin have lower price and waiting few weeks for selling, but without saving money never take risk resign your job and full working on cryptocurrency.

What will you do is too risky in my opinion, choosing a focus of crypto trading which is not always profitable is something that must be considered
carefully. Don't because you made several trades and managed to get a large profit, then you decide that quitting a full time job that has a steady
income is not something that can be decided quickly. My advice is why not do both, you keep working in the real world and make crypto trading
as additional income. That's the safest choice in my opinion.

I don't think leaving your full-time job is a bad decision to switch over as a crypto trader. Everything returns to our desires - in choosing decisions and making them. We can only give criticism and suggestions, whether it is accepted or not, it returns to yourself.

With you earning as much as $ 100k, you would prefer to switch over as a trader, it is not easy to be able to achieve success with that much profit. Maybe you already have sufficient knowledge and experience as a trader. If you wish, you can share ways and strategies or just share your experiences so that you can also help us.

Why can you be that sure by leaving your full time job? Moreover, you have been appointed as a permanent career in the company (possibly). Because it's a shame if you can still do both jobs, but you stop at one of them. As a trader it is only my side job, to fill my spare time so as not to be wasted and wasting time. If you quit for your own good I think it's a good decision, it all comes down to your choice.

Congratulations on your gains and I hope you wouldn't regret your decision to quit on your real job for crypto in the future,
It might be great gains in the past couple of months because it was bullish market but what would happen in the bear market?
But it seem's that you are confident in your trading skills and it looks like you really have a good one so I hope you made the right decision.

Besides that reason, we must have good trading skills, so we can survive in any conditions because we do not know when the market will be at the bear or bull trends. If we can not analyze the trends, we will not be able to get the best time to buy and sell, and even we will lose the chance to make a profit. Before you decide to full time in cryptocurrency, make sure you have many things done to you, especially for knowing the trade to make a profit.

Yup same way people were fooled in 2016 and 2017, thinking they were amazing traders and investors. Made money from every strategy and every ICO, and some people thought bounty hunting was going to be their life profession.

Read research about traders and how majority lose money.

Arbitrage is tricky too and can bite you.

I wanted to express my felicitate to OPs decision, he has a so much courage to decide such brave decision knowing that he has a family to feed and live for. Maybe he already figured out his most strats to become a good trader that is why now he could tell to himself that he could make a good living for him and for his family with the help of cryptocurrency, because if i were him i couldn't just decide bravely as what he did, i am still afraid of the fact that crypto was volatile and maybe i didn't yet found the best strats to win trading.

This is a huge bet for OP but if it's effective on him, I'm happy to see that he's making his life and fortune through it. What's bad is that, I'm not like him that's very good on it. I've done that before but to no avail and no luck found. It take guts to quit your full time job and replace it with trading. I've known people that did that and reading something as what OP intended to share is absolutely fascinating because as you've said, majority are losing from it but on him, it's the opposite.

You seem very ambitious and hard working.Good luck with your projects.
If crypto arbitrage was so easy,then all of us would be on the French Riviera or driving our lambos in Monte Carlo. ;D
Can you post a proof of your gigantic crypto arbitrage profits?Screenshots can be faked by using inspect element,so a picture of a paper bank statement would be nice.Personal information should be blurred,of course. ;D

If you are ready to become a high risk taker and lose most of the time, then go for it. In my own opinion, you need some sort of “insurance” in case you are going to lose your trades (especially if you are going for an arbitraging strategy something like that) or going into a worse-case scenario anytime soon.

You still need something that can provide you stable income because trading is considered risky and no guarantees or promise for you to earn some profits even with arbitraging. No strategy is perfect, but risk management is much more worth learning.

We don't need to force ourselves then. Deciding to become a full-time trader is like trying to have a better future, but if you can't let go of your job because you are worried and thinking about the negative results, better not then. Yeah, we have to understand what is our position and most people will choose the thing that gives them the assurance and having a stable with a good salary, I don't if think someone could able to discredit that.

a big congratulations to you, it just seems easy but it isnt easy. this is inspiring enough, everyone just needs to understand and study what works for you and master it. this dosent mean arbitrage will work for other people. you will need to gain total mastery before you can gain enough freedom to be able to focus on cryptocurrency trading or investment if its your wish.

Arbitrage AFAIK is a difficult one to pull off so to everyone who thinks that they can do this without any experience or knowledge, be careful because the chances that you are going to fail is going to be high. I don't like the move that OP did where s/he quit the job because I believe that s/he can make a safety net out of the salary from that job or just another stream of income.

Trade in crypto but have experience in trading full time but if you have no experience then you will lose everything. Risk is something that exists integrally with business this greatly reduces the number of new ones in the market there are lots of strategies available on the trade site you should know them and your type should fit best before you apply the strategy to live accounts go a little further in an ad practice in demo. I would recommend holding the position for a long time as they have a winning rate over 1 minute standing business.

Wow, good luck with your journey, we have to make a hard decision in life before we succeed, that is a really hard decision for me. For my part, if I am going to choose between my full-time job in real life or being a full trader then I will still choose my full-time job because I still don't have good knowledge about trading do I don't have enough capital for it. So basically, I conclude that you already have good capital for trading and you also have done a lot of trading wins so you have decided to choose it over your full-time job. It is also better if you are going to create a business if you already earned a good profit from trading.

I personally do not agree with the idea that you need to be high risk taker or you need to be supplementing it or you will be bad. I wouldn't do it, I agree that having some part time income would be better than nothing, even that would be enough, but even more, like a proper salary would be even better, but the reality is that most people do not have that kind of deal and they may prefer full time crypto trading as well.

If you want to do this full time, and do not have anything else, that would be still possible, I am not saying do that alone, you can do more stuff, but you can't really just give up and try to look for a job just because you "should not be doing full time crypto trading without any other income", if that's all you have, that means you should be doing all of that just with the money you have but if you can find something else you could do that too, don't give up on either.

Wish you good luck more to your new journey here in cryptocurrency dude. But can you share here to us in which
platform do you usually used and what coins that you are trading in the exchange too? Your experienced might be one of the
inspiring testimony here if you specify or show here the step things before you achieved that success anyway.

It would be nice if OP could offer us some pictures of what he does, making that decision is having a very good strategy, I imagine it must be related to trading or investing in the long and medium term.

Based on the way you answered, if you won that amount of money, how long did it take you to do so? If you only traded, how much percentage of your capital did you trade?

Read on previous page, OP doesn't want to tell us about his trade because it's a arbit, we must observe from 1 exchange to other exchange and find ourselves how he did that. But based on he said, he is doing arbit about FIAT.

If he can get the profit from trading and get it bigger than his payment from his job, he can decide to start trading as a full-time trader. But that will not be easy as it says because he needs to prepare many things such as skills, time, and analyzing the market to find the coins to trade. It will need more experience to become a pro trader because not many traders can do that. Mostly, they fail to become a pro trader, especially when the market moves unpredictably.

So if you want to become a pro trader, you should think twice and take a look at yourself, what you already have and what needs to prepare to become a pro trader.

It's nice that you found what you really like though it can be risky since trading is not always have a positive outcome especially the market is volatile.
The good thing is that you hold your time working and you have more time with your family.
I was planning to quit my job too but I'm thinking that it might be risky to have no job at all especially during this pandemic.

Congratulations buddy.
Quitting a full time job to focus on trading is one of the most courageous thing anybody can do in the century. I wouldn't be surprised if your name is in the Guinness book of record, lol.
I bet you must have had a huge capital to begin with. Arbitraging coins doesn't really give much profits so making over a hundred thousand dollars in less than two months is huge.
I think you should create an article where you'll explain how you did achieve this feat so that many of us can also learn

This is a bold decision and I wish you the best of luck. In 2017, like you, I left full-time work and started working in crypto. Working with crypto has helped me get more money than my previous job and really appreciate it. However, you need to understand that the crypto market is also not stable and you need to always have a backup plan. However, crypto can provide good profits and perhaps for people like you and me this is an opportunity to be in crypto and quit full-time jobs.

Only a few people are real professionals when it comes to crypto trading. Since crypto market is so volatile it is very hard to gain consistent profits.
On top of that, if you are so confident that you decide to resign from your day job then you must have earned really good profits.
I would only say that if you have really earned consistent profits for a long time only then consider leaving your day job and go full time crypto trading.
Otherwise it might be a bad decision if you just get profits in volatility.

Of course the OP will surely have a back up to his trading journey having earned a whooping profit of $100K within a short period of time is indeed a big feat I am sure the OP will divert some the profits earned to other investment in case the trading hits the rock however the OP seems to have a good trading strategy that work well.
It is a tough decision for quitting the job for trading maybe having realized that profits earned from trading outweighs his monthly salary.

Sometimes it all takes some action for us to know whether we can make it or not. If we’re confident enough that we have skills in trading and able to gain profit from it we can weight which opportunity fits us best. Since it may work for others but not on us. When we decide we must know our capabilities if we can really do it well to avoid regrets in the future.

Congratulations on your new journey, OP. I also did the same thing 3 years ago and I didn't regret my decision because I'm earning more than the salary that I get for working more than 8 hours a day. I'm not saying that quitting a job is always a good decision. There are still things that we have to consider before switching to crypto and it includes our skills, knowledge and enough capital for a good start.

This is really needing lots of trial and error because you wouldnt know if you wont try which means this will really needing some time and effort for you to find out.

Quitting full time job is something a risky thing to be done unless if you can really sustain yourself on trading which simply means you can actually quit since
you do know that you can handle up yourself.
What an amazing thing for someone for able to achieve.

For OP to have choose the job of his trading cryptos to his full time job means he's not just a first timer into the wold of cryptocurrencies. Arbitrade for those who understand the chemistry knows what profit they can get from one successful trade, so, am happy for OP decision if his move are positives in this regards.

I won't recommend leave your job except maybe you made it really big before, if not then maybe you started with a very big capital and you have some profit aside in case you need to fall back

Well, you have a point there, --before a long time ago ^{[2years passed perhaps]} I can able to manage to trade and for a while managing my self from my job. Since I am not in the field and I am in the office and have free internet, I can able monitor my trade within an hour but the problem is, I can't focus it very well. So I decided to quit day trading and I prefer to long-time trade or in holding on to top cryptocurrencies in the market cap. I realized that I have a stable job and I have a stable profit from my salary why I would give up. This is your chance to have enough capital in investing in crypto and it is very risky if you were a full-time job on crypto because it is the unpredictable price and very volatile.

He wont really be making such decision if he's aren't sure on what he's doing.Its just too risky when you leave out your job just because you do make out big profits
one time with your trades.He might already have noticed or observed that he had been making profits not perfectly but on a sustainable way which would really be
enough for him to be sure that he would go full time.Only a few would able to manage on becoming full time job with trading because not all turns out to be
profitable from time to time.I was bit jealous of this guy. :'(

Finding what you like to do with rest of your life is something very difficult, money is not actually as difficult as that if you ask me.

Let's say you found something that you love to do, you want to do it 7/24 every day and it is not a bother for you, and you have done this a while as well, because sometimes things you think you love to do become things you hate over time as well, many hobbies become a difficult task after a while, but I believe if we are in a situation where if we do the work for a while and find out that it is our dream work, even if we bankrupt doing that, we can always recover over long term because knowing what you want to do is more valuable and if you are actually good at it you will eventually make money with it. I believe if you have a talent, it can't be hidden, eventually it will come out and help you with your life.

It is nice but to everyone who reads this and is also naïve to think that they can do it too, heed my warning, everyone has different circumstances and you can't have the same results as OP.

I hope your journey to the cryptocurrency will be good and you will earn a good profit. Because actually the idea of quitting your job is bad idea for me because there is no assurance that you will earn more money in the future because market is volatile and they have time you will get a good profit and they have time you lost so better also to having a job so you will have double income so incase you lost money in trading you still have job and you will earn salary which is regularly.

In this topic, we always see a clear distribution between those who are adventurous and those who prefer to live in a safe zone, and we are both part of a group of people who like to feel safe and don't like to take risks because  we don't have enough confidence in our knowledge and experience, one failure is enough for us to become discouraged with this full-time job. Fast profit has never been equal to a steady job, with a steady salary every month, we can comfortably and afford to invest while full-time with trading is very stressful, every day we have to think of ways to make a profit with any market state

Yeah, that's right. Not all meant to become a trader, not all have been successful in this field, and many had also suffered losses as they are underestimating trading is very easy. Quite they know how hard is that especially when the bearish season comes.

If OP has to decide to leave his job for this, that gonna be a tough decision but this actually how we find better opportunities, and we need to sacrifice. Well, I hope he is not wrong, and never blames himself in the end coz many did this.

Are you located in the US?

Wishing for you as well, I am looking forward to a new endeavor that you prefer to choose right now. It quite tough decision to make, and I appreciate that kind of dedicated since we don't know what's going to be the outcome when we rely on ourselves all alone. Trading as our career alternative should be done with lesser error in order to prosper for our future goals for financial stability.

For someone on making decisions like this then they would normally making out those considerations before finalizing their choice in the end because people do know on whats the risk behind
on exchange your day job with trading when it comes to security of making money then we know on how risky trading is.This is why we should really be careful on making out decisions on our life
if we do see that this one is beneficial and would really improve someones life then go ahead and engage with it but to know that theres no looking back once the decision had been made.

It was really a tough decision but if you already that you can really do it and make more money in trading compared to what you get from your job, it will be okay. But you should think also that not all the times the market went smoothly, not all the times our trades have good results. It is a need for you to prepare for the incoming and not just by looking at what happens to you at this time.

But anyway, Goodluck with your new journey and wishing you success.

There are people in the between zone as well, which is basically me. I have done the same thing about 5 years ago, actually around 5 years ago today to be exact, and I have went "full" home work, which means I do make money from crypto but I do freelance as well to cover costs of my life, and sure there are times when I spend some of my crypto, specially there were few instances where I had to spend it on life emergency, for some reason me and my wives genetics are horrible :D.

So we keep getting sick all the time, and that is why hospital bills are huge for us, my boss can testify how many times I worked little because I had hospital issues lol. Not much to do, aside from that I do not need anything, just freelance and crypto and I have been basically at home for nearly 5 years now thanks to that, it is not full time crypto, but it is not going to work neither, so it is in between.

It all depends on how much capital you have in cryptocurrency and your trading skills. If you have a positive balance sheet that can fully meet your financial needs, it may be time to give up your main job. But in this case, you need to remember that you will have to make contributions to various social funds, including the pension fund, yourself.

Hands down to you bruh and just this day I'm gonna call you the winner pursuing what's the best for you and what fits on you. Well, I believe if you are positive on yourself good things do come into place and I believe in the law of attraction. Few people go down this path and I just wishing for your total success. Good luck!

It is a hard choice because it can either make you rich or let you down so badly that you cannot recover from it for almost all your life. I have seen both kinds of cases where people quit their jobs and started doing something they liked and wanted to do, I have seen both kinds of results - Calamity and Blessing.

If you are able to risk everything but passionate to try something new, I would say go for it and pursue what you want. If you have the slightest doubt in your mind about what you will do has any chance of failure, then I would not recommend taking the risks.

There are kids who abandon their studies to focus on Youtube as a career, now not everyone is successful but anyone who dedicates his life towards it will certainly succeed. The key factor is "to believe in yourself even when things are adverse". I remember Dana White once said in an interview that he was fortunate to realize he wanted to be in this MMA industry and that helped him focus despite failures.

Very impractical, you don’t stand a chance in a market that is so manipulated, you will quickly lose your money - in crypto everything depends of patience and waiting for the price to breakdown before you buy in; that can take weeks or longerAlthough most people speaking about Bitcoin or crypto currencies can’t tell you what the significance of blockchain technology is, I’ve read stories about people quitting their jobs to become bitcoin traders because of what they perceive as the opportunity of a lifetime. If there is an opportunity, it’s most likely via investing in blockchain, not by trading it.

I read your replies on answering the questions about your 100k gain on arbitrage and I am very impressed with the skill and technique you have showcased.

While I am against the decision of quitting your full-time job to pursue an avenue which is considered risky, with the gains and profits you have been earning makes me want to re-consider with my former view. Nevertheless, I wish you the best of luck and I also advise you to be active on the forum so you could also share your guides and tips for other newbies or users who want to engage themselves on the same platform as what you are doing.

What I think is that he may be using some bots to guarantee success in the exchanges, although he does trade and has those profits, it is because he is in the market all the time without exiting, do you use both positions in the market? That is, you leave a LONG and in another account it is in Leveraged Short, that is a very risky technique but many professional traders use it because they are always within the market and take advantage of each movement, apart from using bots for arbitrage.

Of course it takes a lot of capital to do it, and that strategy was used a lot by Jesse Livermore who was a great speculator of the 1800s. In the book "Memoirs of a Speculator" he says all these strategies.

It's not a good decision for you because you're not the one who would do it. But if it seems right for the OP, then, he's doing it rightly. Trading without a doubt is really profitable if you're able to make a day-to-day profit or a good amount whenever you're trading. It's really a good source if you know how to execute it properly.

He said it that he's able to make a lot of money on it.

If he can easily earn the money that he could get on 1-year working on his day job with just making some simple trades then why not on not to quit?

Even having a stable day job doesn't mean that it would last forever this is why it isn't really bad to look for another window of opportunity for you to take because nothing
on this world is permanent.

Just let him be if he decided to quit up his day job and go full time with trading, as long he's aware on the risk then so be it.

If your income from crypto trading is greater than the full time job you left behind, it is best to focus on crypto trading. Because everyone has
different abilities, if your passion is in crypto trading, just do what you think is right. Most people are hesitant to step up, but I admire people
who dare to take a stand like you. I wish you become a successful trader, and can generate the profit you want. Sometimes in life we have to be
brave enough to make risky decisions in order to be successful.

Yeah, there is something we need to do just to succeed. Being in a job is just a security that we have the money every end of the month but that only a fixed amount unlike we do good in trading, it gonna be unlimited. This is the comparison of having a job and you can find other better opportunities if you keep that job till forever unless if the salary is bigger than good enough. Of course, an opportunist person will choose those who can give the best even the risk is higher.

I think the best is to set aside a whole amount and never add to it, and keep it like a gambling fund (or okay whatever trading fund if you want),,, and consider that is all you will get. Bills and other expenses should never suffer for these kinds of funds. Like all IPO brochures will tell you, never invest what you are not willing to lose!

No one should leave their job because they found other easy way to make money, the should think about leaving the job only if they have multiple sources of incomes and even few of them should give atleast basic guaranteed returns every month/year or else no one should be thinking about leaving the job just for their very short term success with crypto trading.

In May of 2017, ​ I had begun my 4th month of crypto trading and struck gold. I had purchased a larger some of Antshare/Neo before it rebranded and made a large sum of funds. At that point I spoke with my wife and she was willing to allow me 6 months to make it happen. So I went full nerd, I was getting up at 5 am reading everything crypto. On my break, I would​d​d have different​ crypto related interviews playing in the background and it stayed like this for 3 months.Fast forward to September, and this is where I realized that crypto isn't just about knowledge, it's about connections.Fast forward to September, and this is where I realized that crypto isn't just about knowledge, it's about connections.

I thought you did flash loan like on this video https://www.youtube.com/watch?v=ILBP38JrjTw
but I think I am wrong.
according to this post, twitter really did the magic too because twitter might be one of your monitoring tools, alongside your strategy to monitor exchange's hot wallets or deposit wallets. so, twitter is not that bad. Please keep updating this thread, especially on #1. I love being motivated by reading something like this. and good luck on your new journey.

No surprise that famous social media mediums would be commonly used as a source of those information even if it isnt really hat much of preferred due to possible shill and hypes but when it comes to
updates and other things then this one is really sufficient or just fits out.

Quitting your job for in exchange with trading then it would really be risky because market is unpredictable you wouldnt know if you would make money or lose in a matter of day.

Its just fine because op is already aware with that and i would definitely do the same if im that really capable.

It's a tough decision as if you are not yet secured then you quit your regular job who knows what will happened to you in the next few months with your new chosen venue of investment.

Always do your deep assessment before dealing with any decision that you'll going to take, beside the easy profits it should also
have a stable passive profits, if you are going to risk your future best to keep your job and let your investment grow first, be wise
and not just to jump into onclusion, unless you are all prepared to pursue your new found business.

I did the same 3 years ago and I have no regret of any kind. In fact, I am making my monthly payment just within 3-4 days and in the worse case scenarios, a week maximum.

You can't really do anything to stop people from doing whatever they want, if they want to spend time on crypto trading they will do that, if they are good they will make enough money to live forever with that money and will never work, if they are not good they will lose their money and go back to working. There is nothing that you could lose here, because it is something you try, there are tons of people who try new careers and crypto trading is a full time career if you ask me, if you can make enough profit you could live with that kind of money.

I obviously do not believe that I can be a full time crypto trader because if I believed it I would have done that, it sounds like a fun and entertaining job and there is no boss or customers which is even better, but at the other hand I am not capable of it so I do not do it, but I would support anyone who wants to at least try it.

We wish you luck! Stick to your strategy. Once you're set in - swing past tap.global and make a trade or 2, we also have our own coin :)

But maybe OP is already preparing for everything before he decided to make an exit from his job. What I see him is that he is really wanted to make difference from his previous life, we know trading is risky, and that for sure he knows that already.

It gonna be tough but there is something we need to make a change in order to see a better life. Yeah, who knows exactly if he will succeed in trading and make him a millionaire. Besides, trading is a passion, if he loves it, he is definitely be doing good for it and able to survive despite the risk.

It means that you are an expert in trading, you have a good attitude and a passion for the job and that allows you to make a profit with full-time trading but if someone follows you, I cannot guarantee that they will have similar success. In the world there are many famous people and they give up learning very early, many others refer and follow, the results are not as expected, trading is not a world that can create successful people, before giving up full-time jobs, we should also experiment for a few months, not to lose more to a hasty decision

Wow that’s really cool, if you’re really making up to that amount of $100,000 in a month like you have said then you’re doing very well. Being able to become full time traders and quit office jobs is the dream of most of the traders out, but unfortunately for most of them they are unable to achieve that. I am not a full-time trader, and I wouldn’t really call myself a trader because what I do most is just to buy the coins I like and then I Hodl them till I’m able to sell them at the rate I want. I’m still wondering how much you used to start this trading to be able to averaging that $100k a month, it’s definitely going to be a lot of money for sure.

That's lit mate. If you've been doing that for 3 years ago, you must be living your life freely and just sits on your computer to do trades. And when you've executed your trades, you're free to do anything that you want. And after those days that you have set, you're just going to get your paycheck. That's a solid business and strategy for you and if you can do it, then others can also do this but for me, I'm still far from making that shortcut for a monthly paycheck within a few days.

How good the feeling to have if you do able to get your monthly paycheck in a 3-4 days of your trade and the pro's on having this full time trader is that you do
really have the time that you can spend on not only to be on your family but also on doing some other things that you do like since you do have the vacant time
to do so not like when you do have some 8-5 job which would really be giving out that kind of shackles for you to do things that you do like.
Not all would really be having that kind of success.

I just want to congratulate OP for being so honest to his self and taking a full time career as a trader of crypto because it was a totally risk taking and i guess i couldn't have this kind of guts to settle at this kind of decision because i have a family, and a siblings to be send off to college that is why i need a consistent source of income. Maybe OP had already earn a good for his family from trading so that he made such kind of decision which no one could interupt because it was his personal choice.

That's the problem, there are people who are great at trading and they could make a lot of money, I have a friend who used to make about 5k dollars per month as salary, now he is so rich from crypto trading (he has been trading for about 3.5 years, a bit before 2017 peak, spring of 2017 if I am not wrong) he is making about 25k dollars PER DAY, on average of course but he has about 5 million dollars and he doesn't trade most of them, he just holds most of them and trades other stuff and all those increases comes to 25k per day, that of course because the bitcoins he hold, the bnb he holds, the eth he holds all goes up, I am including them into this as well, so 25k profit per day on 5 million dollars is still a lot but when it is all purely in crypto during a bull run, it is quite possible.

I have been involved in crypto far before him, 5 years before him, and I have 7k dollars total lol. So, some people are great at it, and some people are not, just because one made a profit and became a full time trader with no problem, doesn't mean that others can try and do the same.

Actually I also really want to quit my current job if I have 2 bitcoin in my wallet for trade because now the value is sufficient or exceeds the salary I have probably received from government employees for over 35 years. But honestly it is something that is impossible for me right now because it is a dream. Leave from a real job and starting something with crypto trading in my opinion is a good choice if they have enough capital and also sufficient knowledge. Trading is the best option for get many profit but it is risky.

Since I am in the third world, buying something that is worth $5K is difficult for me. This has caused me and many others to regret everything when bitcoin hit ATH. Just hoping something would result from trading a limited amount of altcoin, but at least it still gave me a bit of an advantage. I wish the OP all the best, now success is in your hands and do well.

That's good, you can still use it as capital for trading. Unfortunately I don't own anything worth $7K right now. LOL

If it's the best and can actually generate more than your real job income and will continue to generate as long as you can and can generate in the long run, I don't think that's a big deal and as long as it's not temporary.
For me, real work is the main thing that will pay off every month and my goal in the crypto world is just a promising additional income without having to sacrifice work, the most important thing is to be able to manage the best possible time.
Trading is very risky but it will be profitable if the experts do it.
Congratulations OP, hope your choice for the long term.

Best feeling. You save a lot of time doing a monthly job just for those few days. I would use the time for something productive again expanding and helping myself to grow in other aspect. But that could also be used in another set of trading for which, if you have gained a monthly paycheck from 3-4 days. Then just imagine and calculate how much you can make money if you're consistently doing it without having a bad day.

What percentage of full time crypto traders are profiting though?  Someone said over 95% of traders lose money... so what about pro traders then?

The 100k made, is it in dollar or in your local currency? If it's in the formal then it's a great feat and one worth celebrating. I do believe you took a nice decision quitting if you're already profitable to that point. Why tie oneself to a 9-5 slavery when one can do it on ones' term and pace? This is also the point that throws me off when someone tells me they're profitable traders but are still keeping their 9-5 paid job. It doesn't make sense. Perhaps, it makes sense if we have a discerning sense of perception enough to decode because what that simply echoes is that the person claiming to be profitable while still keeping their paid 9-5 job is not. They're just lying through their teeth. Enjoy your moment of freedom, OP.

Freedom in terms of financial but of course it would really be accompanying some risk from time to time but this is much more better because you do know that you can really had advantage compare to others

which are being slaved by that 8-5 day job which is really a good thing that you do really able to break that chain of slavery.How i wish that i would able to attain such knowledge

to make myself also break on this one.I do love to have my own time and im the boss everytime i do wish which it isnt really possible if you do have work.

Then that's the percentage in one's basis for the traders who are profiting in their chosen field. The pro traders could be the remaining 5% on that ratio.
It's not an easy job to do if someone goes full time trading. IMO, it's easier to just buy and wait for it to rise and if you've other things to do, you should be focusing on what you do and just check your trades or the coins you've bought. If it has risen in value, time to sell. Not that too hassle to do it and many have been doing it.

Sounds good,Trading is all about knowledge and practical experience if you are commited you can do it. it is nice simply have made up your decision on taking full time to be a dealer since it appears simply are seeing your intrigued into it and find it more productive compared to working on a full time office work. As a full time dealer isn't continuously into benefit so you also work on plan B if you are loosing in initial days another side pay you to pay bills survival needs.Best Way better to go ahead and win the world.

I think the idea of it sounds good and if you got the time and passion for it then it is not a bad idea. Though, I would suggest you think about quitting your job as trading might not always be as profitable as it is now in the bull run. The bull run won't last forever and you don't want to find yourself in a situation where your expenses will not be met by the trading you do. It is just worth thinking to see if this is really an option you can have and take ;)

I think not always profitable in trading but we have been smart how to take profit before and save it, never all in your money for trading because every time we can't prediction how price will going on, maybe when market dump you still have saving money for daily needed, I think quid job is better you have full time for checking market price and know with good or bad news.

Because right now the market conditions are good for crypto trading, that's why it is easier for you to make profit from cryptocurrency. But it must
be remembered that the crypto market was not possible as long as it is now, because history is always repeating itself. There is a possibility that
what happened in 2018 will happen again, where almost all coins dropped drastically at that time and it was very difficult to trade in such circumstances.
I just remind you, because you have left your full time job, which is safe with a fixed salary. And choosing to focus on crypto is not easy, because like
I said sometimes we have to be prepared for bad market conditions.

We couldn't question the decision of one person if they have found their passion and happiness in trading cryptos full time. In fact quitting a full time job to focus on crypto trading full time also were not bad decision as it seems because as i have trading on my own i believe that focus and time allotment were also need here. And also we have our kind of need to meet and i hope that OP had already settle the needs of his family before anything else.

It's better to earn with risking than playing safe with only fixed amount. There's no really future in working for others since the money we can only get is fixed. Now that we have opportunities to earn more thru trading, and we know for fact we're able to really earn a lot than in our job then better spend our time wisely in we're we can benefit more. Just use the money wisely, diversify thru having other investments or business to not fully rely in trading once you earned from it.

I think is not passion because every one want to earn much money and trading is the best way so far, but depend how some one can be patient when trading. Many trader not have soul with patient so always busy and greedy when trading, panic for buying and selling so make them always loss and not lucky with trading, I think not only smart in analyze chart but also have soul how to get enough when raise profit and keep waiting good time for buying.

good advice when having a business other than crypto trading. Because the source of income doesn't have to be crypto. We can create other sources of income. Nowadays trading is also my full time job and I enjoy it. Earning a few dollars a day in trade makes me better than a private employee on a regular basis.
the most important thing is we can read opportunities, every opportunity will produce and don't forget to always be grateful for what you have obtained.

Correct and im considering in case i do end up on having the same situation like this.

Always seek out for alternative or back ups because profits made here on crypto wont be always guaranteed or permanent this is why its much more better to find more viable sources of income
other with trading.Diversify while you still can and save it up and try to sustain yourself out of those businesses that you do have externally.

Quitting on job because you have seen more better opportunity is a good one but dont really make yourself too confident.

This is a risky decision but at the end of the day we will realize that working all our life is not having the freedom we wish for. Trading is where we manage our own time, we invest our own money and if we do good we all benefit everything, unlike working where we only get a fix salary or a certain portion of the company's profit.

I'm not saying it's not good to have a job but if we love to experience financial freedom, we need to quit and start investing.

Yes, well said mate who want to work for a lifetime earning small amount with no savings at all today only business owners has financial freedom regular employees are working for years and after retirement here comes the never-ending debt the opportunity to earn more money in crypto for the future is here don't waste it there's always a risk but if we don't try it we will remain poor and working for the rest of our lives.

But as soon as you pursue this passion and experience, you will realize that in order to have financial freedom, our selves will need more effort, some even regretted deciding to quit their job in exchange for this freedom because this golden land always fairly stringent requirements and continuously remove the participant, I would say success is very little while failure is relatively much. Think more about this decision, when we turn around, the old job will fill up, the promotion time will be over, one minute of freedom will be exchanged for a future chance

Congratulations bro, I think it was your greatest decision. Some people think of cryptocurrency as a bubble and cry when it really becomes a valuable asset. I am very happy to be able to produce dicryptocurrency and learn a lot of technology.

That depends, as trite as it is, it is the truth. Quitting your job to pursue trading depends on your performance in trading, if you are doing really good and you feel that you can do better if you focus on it then quitting is an acceptable thing to do but if you were a newbie trader that just jumped right in the market to trade and you don't know what to do, quitting your day job is the most dumb decision you can do because it can help as @monineklutak stream of income, not to mention that your day job can help you grow your capital and have a steady fund for your trading.

It's always risky quitting a job but if what you're doing works go for it!

Thats how it should be because we're already in our right minds to see if it would be good or bad for us.We wouldnt know if we wouldnt try and thats how life works.
You wont really be gaining something if you wont try and of course it would really be needing for you to risk up something for another thing that you do tend to test out.
Quitting job  is really a risky move but if you do look that it will really be putting you into a bigger opportunity or earning then it isnt really harmful to try but at least you
should know to make back ups in case if things turns out not on what you are expecting.

This may take a lot of considerations before making such a decision, trading isn't give a fixed amount of income while your job will always have a stable way of having a source of income. Think it twice or I guess thrice before you will act. Because trading also isn't an easy job, there could be difficulties that you will encounter but if you are ready for this, I guess that is the right time for you to switch to crypto.

You should balance all the consequences that may happen in the future and should aware of the possible negative outcome, at least you have an extra fund to recover if whatever happens.

This is o brave and also hard option to take. However, once you take it, you do your own risks and also responsible for it.
However, I also believe that if you really focus on trading (whatever the strategy, for arbitraging, scalping, and other types of trading), if it is serious and full-time on it, I believe you can do it. And the result may be more than the salary working offline.
Wish you luck.

I hope I can have good skill like you, if you don't mind please share some tips and unique experience so you can help our community. Actually I don't like daily trading because I am too busy and even sometimes I just trading like gambling then ended with suffered financial loss, that's why I stop it. But if I can do good trading way like you maybe I will do daily trading again. Good luck for you.

Yeah, that's what he did because it's worked for him and made a significant amount of money. And whoever in that position and finds his job not enjoyable anymore but has an option to stay as a trader, they'll definitely choose their passion and the job that they're happy to work with even for longer hours. In trading, there's no required time but most of the traders that have been into it spends a lot of time and sometimes longer than the office hours.

Passion is one of the considerations which man would really be seeking of and would love to engage without any hesitance.If you do have work but doesnt have that kind of passion inside then
you wont really be enjoying those and its just right to find up other things which will really be fulfilling out on what you are looking for.If you do find out that you are sustainable with your
current trading activity then why wont transfer into that one? As long you can sustain and able to live your life with it then dont hesitate to do that even most people
do see this as a risky step but you would have the advantage when it comes to profit or money making opportunities.

Yeah, that makes it for someone who chooses this side to be passionate, enjoying and also profitable. That's an all in all dream of many people that are struggling staying to a job that they have hated but they have no choice but to provide thus, they stay.
It is risky but it is also rewarding and OP and the other people that have chosen this field to become a full time trader aware of that consequence but they can take it emotionally.

Taking hazard for enthusiasm will lead to victory and it is conceivable can survive in any conditions since we don't know when the showcase will be at the bear or bull trends. On the off chance that able to not analyze the patterns, we are going not be able to induce the most excellent time to purchase and offer, and indeed we'll lose the chance to create a benefit. Some time recently you choose to full time in cryptocurrency, make beyond any doubt you have got numerous things done to you, particularly for knowing the exchange to form a benefit.

Good to know and wish you good luck for your future trading.
P.S :: Quit your job only if you are certain that you can live your life comfortably with Bitcoin. BTC is wildfire and it's not that easy to play with it.

If you’re quitting your daily office job to be making a hundred thousand dollars per month from trading cryptocurrencies, then that’s a really good choice to make lol. But I can only take this level of risk when I know that I have reached a high level of professionalism in trading cryptocurrencies and making lots of profits and covering up lots of losses that I will make by the end of the month. So, that’s really cool.

I guess you have lots of money to invest and trade cryptocurrencies, because making up to a hundred thousand dollars is not a fit you can easily achieve in a month with a little amount of money.But the good thing about not quitting your job to be a full-time trader is that it gives you a second source of income which is very important.

I wish you luck for doing such a bold move. And if I had been making that amount of money by just arbing I’d probably do the same thing too; it’s just that I am not good at it. Good to know that there are still a few people who really take this kinds of risk, I mean you must have a lot of savings from the job you left too when you decided to quit. The laat time I’ve read about someone quitting their job was back in 2017, because that person wanted to have that financial freedom and he did and is fairly rich probably by now too, so I wish you the best of luck in trading.

We can't get financial freedom if we just rely on the salary we got from our job unless if you are a high payable employee. Imagine, even though we spend a lot of time to our job, doing overtime but the money we get is still the same unlike if we do in trading, the more time we spend on the computer, the more chance to get more profit. That is too risky but if we believe ourselves just like what OP did, we will have a brighter future than having an office job forever.

We would really be able to break those chains of slavery on that day stable job.Yes, it might be a security or somewhat assured but you wont really be going somewhere when it comes
on upgrading yourself in terms of financial capacity.You would really be staying up like that for  the rest of your life if you dont find up another source of income that could really lift you
up or do make out some progress.Some do find out their path and which is on way of trading which can really give out that opportunity but it isnt really easy as it sounds
because this will typically taking years of experience when it comes to knowledge and proper fund management.

I may say someone has alread find his passion, something he want to do the rest of his lives. Well, confidently working at home and being your own boss is definitely the dream of almost anyone rather than following those group of individuals gaining only big profit for themselves. But there is this happiness that full time job can provide, especially the relationship you already build with your workmates, that trading doesn't have. So I prefer doing both trading and full time job at the same time. Btw, goodluck!

Congrats. I dont have the guts to be like you because im more concern of earning stable income since I have a family to feed. Plus my experience before of being a full time trader didnt turn out well, it might because I cant set aside my emotion when making a decision and dont have a solid plan to follow.

Currently I chose to be a long term hodler but if given a chance and im capable financially to sustain the needs of my family without a day job then I will try my luck again using arbitrage too and other strategy that can maximize my chances to gain.

Only in this case, you can not forget about the social contributions that your employer previously made, and now you will be forced to do it yourself. Otherwise, you will not be able to receive a pension when you reach the appropriate age, as well as use the services of insurance medicine.

Maybe outside the privacy about someone's job is different from in my country today, especially in the environment where I live, our jobs as traders do not seem at all to be a sneer from neighbors who think we are lazy, like it or not I personally have to find real jobs for I cover the trades that I do everyday, even though trading is more profitable than having to work to go to work in the morning and home at night.

Very true! Quit when you already secure your future and not if you are still just trying to established your financial state.

Full time job still the very first option to make sure that you have sure source of income.


If you have the right sets of skills and good understanding with this business, no doubts that this business  have a high chance to earned

more than what you are earning from a regular job.

Trading have more earing than salary getting from real job but our society is always very terrible in my environment, if you working on real job you will be spoken for your neighbors, how ever when you can get every thing from trading profit and you buy more collection car or motor cycle they will ask and make assumtion where from money do you earn, you not working on real job.

I do wish OPs good fortune dealing with cryptocurrency coz what he have decided can only be done with a man who has a full determination to fully focus his attention in digital currency and also the one who is brave enough to take higher risks. Actually, i do wishing the same thing as what the OP made his decision too, but i'm not yet confident enough to leave my full time job because i felt that my skills and knowledge about trading and investmenting in cryptocurrencies aren't enough to drive to made such decision.

In this current market I wonder how OP is doing? Will you be devoted only to investment or to the maximum speculation of the market? Would you take advantage of this setback? would be leveraged in Short? IF so you could have made about another $100k.

Should OP show his trades to see what his trading style is like? how often do you do your trades? short term or medium term? If it is in the market all the time, I imagine that it will not come out to take advantage of every move. At the moment the market shows a slight recovery, it may be taking advantage of this movement.

This is some kind of personal request but even though he would tend to share it up then its not something that everyone could copy but it would be great on what are the things he'd been doing
with just on that trading activity of his.

For now the market is moving up like waves, neither he do make out short term or medium terms then it is up into his decision as long he had said or mentioned about making out some
money and quit out his current job then does signifies that he do know on whats he's doing.

Only a few could able to bare out this market and make themselves sustainable.

It doesn't matter what others think about you as a trader. What matters is that you're able to cover your expenses and you're earning as much as you can as you trade.
That is okay that you work for any real job while you trade. You don't have to quit if you can't and you're doing trades part time.

If you have a strong determination to quit your main job and choose to trade cryptocurrency you must be absolutely sure that trading will help you financially and can generate a few dollars for the necessities of your life.

You don't want to resign just because people are trading successfully and you are following it. Trading cryptocurrency carries a big risk, make sure you understand what to do later.

Some wouldnt mind if its risky as long it is the thing on what they do prefer or simply that can bring up happiness and contentment to them.You are right when you do mentioned about the
shackles of having a day stable job but you dont have any choice but to deal with it but when the time you do able to make money in something you do enjoy or like then
having some these kind of decisions wouldnt really be a bad idea at all as long you do love on what you are doing and also it can really make you earn money
and sustain yourself.

Goodluck to your journey here in the crypto and I hope you will earn more money than the job you work before.
There is a lot of people who quit their job for the trading of the crypto coins but some of their journey is not good because they lost a lot of money.
So be ready because you take the risk and but they have a lot of ways for you to prevent losing your capital or lessen it.

Congratulations to you. In Crypto trading we have different kind of traders who leverage on the market. Arbitrage trading is likly one of the safest trading in crypto markets but has very high volatility. Quitting your job is really cool at most it would give enough time to concentrate more on the market

I don't like being an employee and it is the reason why when I once still a student, I committed that I will go full time trader and will never apply in any kinds of job. Maybe because I'm too confident knowing that I can succeed in my career. There is no wrong on quitting in your job and will go as full time trader but you should consider first your knowledge and also your capital. Ask yourself with these following questions:
1. Do you have enough capital to sustain yourself and your family when you decided to become full time trader?
2. Is your knowledge is already enough?
3. Is your experience is already enough?
4. Do you already know your edge in the market?
5. What will you do if you experience consecutive losses?
6. Is your trading system can give you consistent winning?
There are many more questions and these are just a mere examples.

This is what I was thinking of and emphasizing previously in this thread.
Leaving your full-time job to go full-time in crypto trading is too risky.
Bull run doesn't last long just like any jobs in the world, unless of course you established a good business that surely won't go bankrupt for years. ::)

I think it is quite awesome that we are dealing with something like this, there is really nothing that is more shocking than what we are living right now in the world with pandemic so some people turning full time crypto is awesome. I can't really say how much I have been adoring these people, they are doing something awesome.

Plus, think about how much money is made with crypto trading, and I know it may not be a lot for some rich country people but in the poor country places doing a 5x is difference between surviving and being rich, and I do not mean like small time neither. 1000 dollars is good amount of money, 5000 dollars is a car that changes your whole life. Long story short we are talking about a nation where we could actually end up living much better. So long story short I think these kinds of people will get more and more frequent in those nations.

It's a risky decision but if what you're doing is working smoothly so far why not?

There are some good arbitrage opportunities on DeFi space and Decentralized exchanges but you mentioned you do arbitrage trade on centralized exchanges too, arbitrage does not work out well on centralized exchanges and I'm interested to know how could you buy and send coins/tokens from one exchange to another exchange and sell there and be able to withdraw with profit, there are huge amount of fake volume on many exchanges and even if the exchange you're trading on has true volume, how can you be sure that the price is not going to pump/dump against your wish when your coin/token is received in that exchange wallet, Good luck and I hope the strategy that you're using works out in the long-term as well.

Considering all those factors it's really tough to find those potential project to use for arbitrage trading.

It's need a lot of time and good system to anticipate which coin will move and what percentages is your possible profits. Risky as it is, since you mentioned those fake volumes and those bots that mostly been used inside exchange. One mistake and everything will ruined the process but a successful trade means a good value to your investment.

When it comes to arbitrage betting then this isnt something that can really be done so easily by someone  because these kind of situation or opportunities doesnt really come too often
because platforms could really have those tight gaps when it comes to live market price and doesnt really have too much a wide space of opportunity for you to make that guaranteed profit.
It doesnt matter whether you do get profits on arbitrage or simply with those typical buy and sell behavior then whats the most important is that you would able to make profits
in the end of the day. Sustaining yourself or quitting up your job just because you do decide to go full time with trade is a risky one but if you do find out to be profitable
then why would hesitate?

A lot of potential issues may happen when buying and selling from one centralized exchange to another especially when the value is volatile and the transaction time it takes.

I agree with you that one mistake can produce a massive potential profit but since OP's strategy is going well and smoothly then I assume that he already anticipated and have faced of such a issue.

Quitting his job is already a proof that he is confident and have already laid plans unto his trading activity. Also, it will provide him the time and management he requires to be able to watch his trading activity and be able to lower the potential loss that having a job took.

After pass senior high school I am working online and looking many site on internet how to earn money, at the beginning is not easy without guide from any one to know which one trusted site or not, more than six years in internet I know more and never looking for real job because on trading and bounty campaign can give more profit.

I guess OP deserves to be congratulated to his decision because only few can decide such risky thing in their life like quitting a full time job to become a full time trader of cryptocurrency. At this time of pandemic, a crisis, where there's a lot of businesses that went close, everyone was affected were lucky that we'd still be able to generate a profit because of cryptocurrency but leaving a job was a crucial decision, but at the same time it is much safetier than going to work outside of your house.

Ok guys, first off, thank you for the kind words. I really appreciate those of you who are encouraging while also apprehensive of the risks im taking. Because there is tons of risk in this space, and i think about my risks everyday . The decision to move in to this space full-time wasnt taken lightly , but it was mainly driven by the fact that what i was currently doing for work was burning me out , not allowing me to get ahead , and not making me happy.


This risks so far are paying off and there are signs it may continue to pay off well in to the future. There are risks for sure. But right now my biggest risk is if certain algorithmic stable coins lose their peg. And from my perspective that risk is the cost to entry to being a successful market maker/capital allocator in this space.  

Let's just say my new job is the most rewarding and most fun , game-like job i've ever had in my life. Remember rollarcoaster tycoon? Or lemonade stand tycoon (lol), well what the crypto space has become, with the insane amounts of defi chains and defi dapps popping up (ETH: curve, uniswap, 1inch, syntetix, compound BSC: pancakeswap, acryptos , cream (also on eth),venus, TERRA : Mirror, Anchor ,terraswap, and more recently THOR chain and solana)

My new job feels like im playing DEFI Tycoon, where the goal of the game is to find trading strats , or investment opportunities that provide the least amount of risk and most amount of profits , the more money you make the more you can diversify your investments and the more you can potentially* earn.

Good to hear that out that you are really enjoying on what you're doing in spite of the risk you are facing on.We do only live once and we should spent our time on where we are happy
rather than on having a day job but still turns out that you are stressed and not happy.

I would actually do the same thing on where finding out something that makes me happy even though it might be riskier but as long you can handle and sustain yourself
then that would matter most.

Diversification is always preferred but only into those coins which are really worth on.

I wouldn't put emotions as the first condition to decide like you, instead I needed more achievements, which were enough to get me out of the fear of long-term unemployment because full-time trading is a job with a vague notion of daily income, a lot of pressure when we have not achieved results, passion will not be able to bring a happy life, what happiness will need comes with the money. A career decision has a lot of future meaning, review our talents before entering such a path, do not let regrets spread in the future

I agreed with what you said but we are all human and we let fear/emotion take control sometimes. Besides, the person that quit his full job to trade crypto full time will certainly set some daily goal which is to be met, if not achieve the next thing is to make trading decision emotional by seeking for profit where it is not available not to even consider the nature of the crypto market that can be unpredictable sometimes. Besides, trading full-time can be frustrating at some point.

Not only frustrating on some point but most of the time you would really be finding this to be difficult but as op mentioned that he is making some gains then thats good but he shouldnt really let his hopes that high because
the market isnt always to be like this or simply not always on  the happy moment.

There would be times that you would experience losses or times that the market isnt really moving that much which would really result on having a hard time on reaching out your daily qouta or goal.

This is something stressful honestly but we do have our own perceptions towards things and if he decided to deal and go full time with trading in exchange of his day job then let him be as long he had make out those final
decisions then its up to him on how he handle up himself in the market.

Way to go man. I hope you see out the rest of your journey successfully. I just read through the answers you provided to the questions that was asked by others and it is informative even though it's not that in depth. I'm currently on a similar path to build a long term career in crypto and get to attain a similar position like you. The feeling of achieving such feat isn't one that can be shaken off quickly. You should take some time to rest before embarking on the next journey. Don't forget to note that crypto trends are on a constant change. Put that in mind so you will know when to still try out defi strategies or not.

This is one of my greatest dreams when I earn enough money to sustain my lifestyle for 2 to 3 years so I can focus on crypto. That's why I've been doing the day job and many sidelines and investing in crypto so when the right time comes when I have to harvest my investment, I will have enough money that can cover my need and wants for 2 to 3 years and focus on becoming a trader.

Everyone was definitely dreaming to find a happiness in their job without dull moments, the feeling that everytime you wake up in the morning you are excited to go to work, you are excited to get yourself learn new things and everything but sadly only few have found this thing in their life. Maybe we are having an opposite outlook with your decision mate, some may have different opinions or object the idea but the thing was you are happy with your decision and life choices and also happy with your choosen career and job was more than a dream come true, its a reality that do come true.

We as of now have the monetary security and ain't that straightforward living for a thing that we never get 100% affirmation to make great adjusts each day or have lost our cash. Yet, now and then we need to forfeit something just to get fulfillment and to accomplish our objective. Many time we got off-base forecast and should trusting that long time will get back our cash.