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Economy => Trading Discussion => Topic started by: ogundowotoby01 on May 05, 2021, 11:15:27 PM



Title: Don't ever quit your job to trade crypto.
Post by: ogundowotoby01 on May 05, 2021, 11:15:27 PM
I see a lot of newbies ask whether they should quit their jobs to trade crypto, and my honest advice is you should not try it.

The thing with any investment or business is that, no matter the amount of money you have, it is always good to start small and grow over time (don't test water depth with both feets). Because you are entering a new market and you need time to understand the market. Your job will stand as an insurance for you, in case of any loss. So keep your job, continue investing in crypto and growing your portfolio until the money you make from crypto is more than enough to pay for your lifestyle and also save. Then only can you quit your job.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Charles-Tim on May 05, 2021, 11:31:25 PM
Trading generally is risky, be it crypto, forex or stocks. You are right but I have different opinion on this. The only time best for someone to quit his/her job is not when crypto trading is sufficient for living because trading is risky, but the time when the person has already established a business that can also be another means of earning income which is not risky like trading. With this, the trader will have quality mindset to trade. Although, some people are basically traders and they are earning incomes, but not for everyone because trading is risky.


Title: Re: Don't ever quit your job to trade crypto.
Post by: sheenshane on May 05, 2021, 11:44:32 PM
Is anyone here considering trading and investing crypto as a source of income?  IMO, I won't.

Get a decent job and should have a stable source of income.  In that way, you can fulfill your needs and also if your trading and investment habit.
Crypto trading and investing are very risky and I tend to agree with that, there's no assurance that you will and it's unpredictable either you will gain profit and you will lose, it seems a sort of gambling.

When you have a stable income, you can afford the amount that you want to invest in crypto, either it will win or loss in trading or waiting for an unknown time frame in getting profit from investing, there's no worry about it because you have a job which had a stable income.


Title: Re: Don't ever quit your job to trade crypto.
Post by: FatFork on May 05, 2021, 11:56:30 PM
There is no doubt that there is risk here, but there is also a great deal of upside. Before you dismiss the question outright, bear in mind that some people have actually done this. There are many factors to consider when it comes to trading, and your career opportunities as a trader are extremely diverse. If that's what you're after, I'd say go for it. But for a lot of young people, it's tough to figure out how they fit into the whole game.



Title: Re: Don't ever quit your job to trade crypto.
Post by: BitcoinBarrel on May 06, 2021, 12:32:55 AM
You should not quit your job until you can live on 20% of what your side business produces each month.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Darker45 on May 06, 2021, 01:07:20 AM
You cannot compromise your regular source of income over something which is very risky. But it also doesn't mean that since you are tied up with a regular job, you cannot anymore familiarize yourself with cryptocurrency trading and even become expert with it. It is all about time management. If others who have full time jobs can manage to juggle work with going to school and having family responsibilities, it could also be done with cryptocurrency trading. Determination is the key.


Title: Re: Don't ever quit your job to trade crypto.
Post by: SquirrelJulietGarden on May 06, 2021, 01:11:53 AM
I see a lot of newbies ask whether they should quit their jobs to trade crypto, and my honest advice is you should not try it.
Newbies want to do so after they have easy, fast and big profit from crypto market.

There are facts that they've yet known because they are newbies and don't have much time in crypto. As newbies, they will struggle to keep any profit they've earned. They will easily to lose their profit and if they can not control their emotion, they will make bad decisions. At the end, they will lose their capital as well.

If at the end, they lose capital and already quit their jobs, they will get troubles.

If they want to quit their jobs, they should cash out their profit from crypto, store it as fiat in their bank account as savings. With bank savings, if anything bad comes, they can use it to live for few months to years. It is not easy to do.


Title: Re: Don't ever quit your job to trade crypto.
Post by: cryptoaddictchie on May 06, 2021, 02:08:15 AM
I see a lot of newbies ask whether they should quit their jobs to trade crypto, and my honest advice is you should not try it.
I'm not a newbie but Id loss my job during the midst of pandemic and during that time the only thing I could draw money from was trading and investing. Yes it shouldn't but it did give me some good profits from trading. Now that the system is returning to normal, I'm gonna try if I'm gonna survive without my job and pull off the trading method.

So far until now it's good. It's case to case basis, actually some should not quit job and focus on trading considering I have a good job and fair compensation. Its always a gamble out there. So better take caution everytime.

Is anyone here considering trading and investing crypto as a source of income?  IMO, I won't.
More accurately for that is profit. But it could be the same as source of additional income I guess. If the trading and investing given you enough or at least ample income like your job then it can be considered just an opinion.


Title: Re: Don't ever quit your job to trade crypto.
Post by: libert19 on May 06, 2021, 02:26:17 AM
My friend exactly did that, then got lucky in one of airdrops, he trades full time now.


Title: Re: Don't ever quit your job to trade crypto.
Post by: GreatArkansas on May 06, 2021, 02:35:32 AM
In short, trading is not for everyone.
Trading is not easy money at all, it takes time, effort, and MONEY to become successful traders. A lot of people, especially newbie who started trading but after a few trades/days/weeks, they stopped trading.

Trading is like Expectation V.S. Reality meme out there. Most of you can see online, especially social media are good sides of trading, some people showing off their profits, how many profits they earned on trading. But the negative part of trading, they are not showing it off.


Title: Re: Don't ever quit your job to trade crypto.
Post by: pakhitheboss on May 06, 2021, 03:06:35 AM
Finding a decent job in these pandemic times might not be fruitful. A job is must or a monthly source of income is a must if you want to earn more from cryptocurrency trading. I also would not recommend anyone to quit their job and invest everything in cryptocurrency. Keeping it as a side income should be the priority.


Title: Re: Don't ever quit your job to trade crypto.
Post by: TheMimic1 on May 06, 2021, 06:38:04 AM
I don't believe that people can quit their jobs because of crypto trading because loss is in every corner and it doesn't take too long to figure that out, in a day of trading you will lose and recover back and if you are a newbie you'd probably freak out and loss yourself


Title: Re: Don't ever quit your job to trade crypto.
Post by: aoluain on May 06, 2021, 06:42:50 AM
In this current bull market if you are a successful trader my opinion is you should be able
to give up your job - Period. You should be able to make massive gains in this market as
a trader. While we are still in a bull market the proce is correcting a lot, traders dream,
If you can make the right trades!

Otherwise its risky, its takes experience, dedication, patience and time.


Title: Re: Don't ever quit your job to trade crypto.
Post by: noorman0 on May 06, 2021, 07:36:22 AM
If you live today, you should have secured your needs with a regular job. Cryptotrading can't guarantee your daily needs even if you are aiming for future savings. Moreover, the trading times are very flexible and will not bother you to carry out other activities.


Title: Re: Don't ever quit your job to trade crypto.
Post by: boyptc on May 06, 2021, 07:45:50 AM
Don't keep until you're well off with the amount you've got in crypto but even you reaches up to the point that you can retire because you've made well in crypto.

Still keep some cryptos on your hand.

Btw, trading is riskier. Take it from someone who had done it before and chose to hold.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Ebede on May 06, 2021, 07:52:11 AM
I see a lot of newbies ask whether they should quit their jobs to trade crypto, and my honest advice is you should not try it.

The thing with any investment or business is that, no matter the amount of money you have, it is always good to start small and grow over time (don't test water depth with both feets). Because you are entering a new market and you need time to understand the market. Your job will stand as an insurance for you, in case of any loss. So keep your job, continue investing in crypto and growing your portfolio until the money you make from crypto is more than enough to pay for your lifestyle and also save. Then only can you quit your job.

Leaving your job to trade will add values for trader to exploits in trading, that reminds a trader that the necessary thing it have to do, to become successful is attentions, because engaging in business with lack of trust and interest will lead to collapse of business, and biblically and other religions believe let us know that we can't serve two masters at a time, therefore weather you trade or you focus on job so that you can be a specialist in one section.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Pokapoka124 on May 06, 2021, 08:51:00 AM
I see a lot of newbies ask whether they should quit their jobs to trade crypto, and my honest advice is you should not try it.

The thing with any investment or business is that, no matter the amount of money you have, it is always good to start small and grow over time (don't test water depth with both feets). Because you are entering a new market and you need time to understand the market. Your job will stand as an insurance for you, in case of any loss. So keep your job, continue investing in crypto and growing your portfolio until the money you make from crypto is more than enough to pay for your lifestyle and also save. Then only can you quit your job.
OP I feel a strong energy from your message. You sound so sure and I'm certain you have strong feelings about this. My question to you is this; Have you been in that situation before? If you had, then I'm guessing things went wrong and you regret your actions. Trading crypto is work just like traders on wall street. Its not a gamble, like every other profession, you need to be have an education to be a successful crypto trader. It's a full time job...I don't fancy OP's narrative of making trading sound like a passive thing.

Having a job is considered a safe plan. You're sure to get paid a salary at the end of the month( most times) and you don't have to bother about the company's risks or losses. You save enough to get you through retirement. Playing it safe is good ideology but that won't get you far if you have ambition. I have seen friends quit their jobs to pursue their dreams and passion, very few succeed at it but they move on because they tried at it.
The problem is newbies are lured in the crypto space believing they can change their lives overnight and become billionaires.  A man who believes such can do anything.


Title: Re: Don't ever quit your job to trade crypto.
Post by: DigitalFox on May 06, 2021, 09:24:16 AM
I'm not a newbie but Id loss my job during the midst of pandemic and during that time the only thing I could draw money from was trading and investing. Yes it shouldn't but it did give me some good profits from trading. Now that the system is returning to normal, I'm gonna try if I'm gonna survive without my job and pull off the trading method.

You were lucky enough to have some funds saved to start with. Most of the people who ask about it don't have any starting capital IMHO, not to mention lack of knowledge. All they see is alts making multi X and want their bite without realizing that it's just temporary situation. I doubt that anyone who is really aiming at something would ask advice on internet forums instead of learning the trade.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Stalker22 on May 06, 2021, 09:43:07 AM
Some people say that trading is easy money, you just throw some money at the exchange and it will automatically grow for you like magic.
But is it really that easy? Not really, the money really does not come to those who invest a few dollars, it comes to those who invest a few thousand and more. Trading is not easy money at all. Just because you were successful for a couple of days, that doesn't mean you will make any money in the long run. You have to maintain your winnings and losses. That is why it is important to understand the fundamentals of the market.

If you are successful in trading, don't get greedy and don't get too excited. Only practice a couple of trades at a time. Also, unless you're experienced, never trade using leverage.


Title: Re: Don't ever quit your job to trade crypto.
Post by: bakasabo on May 06, 2021, 09:54:57 AM
Never seen a newbie asking whether he should quit his job, or dont do it, because he is a pro at trading. Being a trader is not easy. Person should realize that if he was lucky with one trade, that wont happen all the time. I see trader as a person that spends whole day behind several screens and monitors market for a profitable deal, while reading crypto related news. While at work, you could just work from 9 to 5 and go home. Is person really ready to work more if he is not sure that result will be successful?


Title: Re: Don't ever quit your job to trade crypto.
Post by: Taskford on May 06, 2021, 10:22:18 AM
I see a lot of newbies ask whether they should quit their jobs to trade crypto, and my honest advice is you should not try it.

The thing with any investment or business is that, no matter the amount of money you have, it is always good to start small and grow over time (don't test water depth with both feets). Because you are entering a new market and you need time to understand the market. Your job will stand as an insurance for you, in case of any loss. So keep your job, continue investing in crypto and growing your portfolio until the money you make from crypto is more than enough to pay for your lifestyle and also save. Then only can you quit your job.

Crazy decision to be made by anyone since we cannot really earn a fortune for trading in first year of our career here maybe they should learn first before they quite since they will break everything what they have if they risk their future for tradings we know bear market always strikes and its dangerous if we caught and left bag holding since we possibly end up broke and became homeless if we push this idea.


Title: Re: Don't ever quit your job to trade crypto.
Post by: XUR_TIP on May 06, 2021, 10:52:25 AM
That's a advice to newbies who aren't ready to be fully committed to crypto trading, I've seen people quitting their jobs for crypto trading and they are now living ok than when they got a job, when you really want something to happen make sure you become so committed, expert and professional traders starts from somewhere and they sit at home watching charts and making thousands of dollars


Title: Re: Don't ever quit your job to trade crypto.
Post by: Welsh on May 06, 2021, 11:19:18 AM
Crazy decision to be made by anyone since we cannot really earn a fortune for trading in first year of our career here maybe they should learn first before they quite since they will break everything what they have if they risk their future for tradings we know bear market always strikes and its dangerous if we caught and left bag holding since we possibly end up broke and became homeless if we push this idea.
Not completely crazy, although trading really isn't something I would recommend for those that are new to either cryptocurrencies or trading in general, because of their extremely volatile nature, a seasoned trader probably will have a lot of fun, because of its volatile nature. There's definitely profits to be made, and you could also argue that holding Bitcoin long term, might be as risky depending on your faith in the technology.

I wouldn't recommend anyone quits their job, to pursue something they've not had experience with. However, if you are good at it, and have enough experience then I why not. Bitcoin trading is as profitable as anything really. 


Title: Re: Don't ever quit your job to trade crypto.
Post by: Looper_U on May 06, 2021, 12:35:27 PM
You guys know nothing, there are pro traders out there that spend their time to learn everything about trading, they dedicated lots of time and now it's paying off, ive seen too many people that life alone on crypto trading, trading isn't easy that's why many run from it but when you get a hold of it your life will never remain the same


Title: Re: Don't ever quit your job to trade crypto.
Post by: AniviaBtc on May 06, 2021, 01:01:42 PM
Crypto is just another source of profit and still passion is the most important thing to prioritize.

I know that most of us wants to earn money and become successful, but we should also realize that there are some things that we should set in priority so everything is under control.

Also, cryptocurrency is much risky compared on doing your job so learn how to manage risk.


Title: Re: Don't ever quit your job to trade crypto.
Post by: onecall123 on May 06, 2021, 03:46:16 PM
It's not as simple as you can imagine. You need to put away your time and money then you will get dependent on this. The more cash you have in, the more you need to check. Since, It's hard not to look so this is a genuine issue. I used to be like this, now I just don’t care anymore. At the end, it's profitable to me so no matter what I'm in.


Title: Re: Don't ever quit your job to trade crypto.
Post by: akirasendo17 on May 06, 2021, 04:31:43 PM
you can see or view trading as an easy task for every trader but for traders, its really hard there are lots of things you need to know, needs to read graphs, how the market starts, and close those things are very important, next is because there are lots of coins in the market you need to choose what to trade daily, because tokens and coins are steady in an hour then, go down in seconds or minutes, for sure they still don't know the stress of trading, because if they only knew they will think of quitting their day job.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Refrumatrix on May 06, 2021, 05:21:00 PM
You can't do jobs with real crypto trading, you need to face one and leave the other to become a pro in trading, I'm not talking about casual traders but the real deal here, there are few things to overcome physically and mentally if you really want to be a pro trader


Title: Re: Don't ever quit your job to trade crypto.
Post by: sujonali1819 on May 06, 2021, 05:51:30 PM
There are many threads already created like this. And many times already described the difference between real life job and the virtual trading life. The answer is the same virtual life earnings is act as a bonus point for someone and real life job is the best things to keep hold it strongly.

So I would like to say people never should quit the real life job for doing the crypto trading, Because nobody can guaranteed that crypto trade always give you the wins. But the real life job is permanent (very lower chance to lose the job, ex, covid 19) and most of the case the family and the society give you respect according to your real life jobs. 


Title: Re: Don't ever quit your job to trade crypto.
Post by: skarais on May 06, 2021, 07:40:03 PM
There are many threads already created like this. And many times already described the difference between real life job and the virtual trading life. The answer is the same virtual life earnings is act as a bonus point for someone and real life job is the best things to keep hold it strongly.

So I would like to say people never should quit the real life job for doing the crypto trading, Because nobody can guaranteed that crypto trade always give you the wins. But the real life job is permanent (very lower chance to lose the job, ex, covid 19) and most of the case the family and the society give you respect according to your real life jobs.  
I think it's a wise choice for anyone. But it depend on what work they are currently in.
I know that trading is a high risk activity, but if it is done with the right knowledge and experience, one can still make a profit for a certain period of time. So, if someone can maximize their potential and make big profit in trading, then they should start their own business if previously they only depend on other people especially if they work in a place that doesn't generate a decent income.



Title: Re: Don't ever quit your job to trade crypto.
Post by: Insanerman on May 06, 2021, 07:56:02 PM
Is anyone here considering trading and investing crypto as a source of income?  IMO, I won't.


It really depends to be honest. Some people do find themselves happy when trading and satisfied everytime they learn anything about it. What matters is that they must not all in their savings and income in trading and investing. If it would be a source of income, it would tell others that it would not be that stable and still remind them that invest and trade only what you can afford to lose. There are tons of people that chose trading and worked out pretty fine, why? Because they love what they do and they know what they can and cannot do.

Isn't this topic too repetitive? I've seen tons of threads like this over the years both in here and in Trading Discussion..


Title: Re: Don't ever quit your job to trade crypto.
Post by: Fortify on May 06, 2021, 08:04:54 PM
I see a lot of newbies ask whether they should quit their jobs to trade crypto, and my honest advice is you should not try it.

The thing with any investment or business is that, no matter the amount of money you have, it is always good to start small and grow over time (don't test water depth with both feets). Because you are entering a new market and you need time to understand the market. Your job will stand as an insurance for you, in case of any loss. So keep your job, continue investing in crypto and growing your portfolio until the money you make from crypto is more than enough to pay for your lifestyle and also save. Then only can you quit your job.

In many ways, trading in crypto is similar to trading on the stock market. There are very few winners and the few that do have dedicated their life to mastering it. New users to crypto trading can fall prey to many traps, I would say the biggest one is believing they will keep winning when they have always been riding a trend. Take the recent burst of activity with Dogecoin recently, some will have done very well with it, buying and selling throughout. That doesn't make you an expert by any means, because you have joined in a manic market. Once you figure out ways to profit consistently (like when the bubble bursts) and over a period of years, then you might actually be skilled and not gaining by simply being part of the herd. Another trap is not diversifying with your profits - it's great you made money, but you should take some out and keep it in other assets. Even the best experts go through bad times and it can be crushing if all your money gets wiped out due to one or two shocks that were unexpected. If you have money elsewhere you can recover, if you don't, back to the day job.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Rruchi man on November 08, 2021, 02:54:06 AM
I see a lot of newbies ask whether they should quit their jobs to trade crypto, and my honest advice is you should not try it.


Because you can trade from anywhere so far as there is good reception, and also facts that capital is intensive in trading, to quit ones job without a strong reason and when capital is low and will not yield good profit in trading is not wise.

If you must quit your job because of trading, let it be that the job is taking all your time such that it affects other side activities you involve in like trading, and the paycheck is not a sufficient equivalent of the amount of time you put in, and that you have gathered enough capital, knowledge and experience to get you on your way.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Mpamaegbu on November 08, 2021, 06:18:20 AM
I see a lot of newbies ask whether they should quit their jobs to trade crypto, and my honest advice is you should not try it.
Well, the truth is that "no man tests the depth of a river with both feet." That goes a long way to explain the huge risk of drowning that could arise from such a thoughtless action. However, I do know that there are many traders who quit their jobs once they become profitable. The ones who still keep a paid job while trading are those who aren't profitable. If you've an idea of what profitable traders rake in weekly in profit you will know it's pointless keeping a paid job.

Cryptocurrencies retain a reputation as an asset on which anyone can easily make money.
I'm at a loss as to how that shitpost of yours relates to the topic at hand.


Title: Re: Don't ever quit your job to trade crypto.
Post by: cheezcarls on November 08, 2021, 12:37:12 PM
You’re absolutely right man. I remember one time that my friend decided to quit his job because he made so much money in crypto trading along with airdrops and bounty programs. He bought a new house worth more than $20k. However, his biggest mistake is that he already quit his job without being financially stable.

Relying on cryptocurrency trading (and being lucky on airdrops and bounty programs) isn’t making us financially stable. Because of that, his finances have dwindled quickly and even reached out to me to borrow money. I donated him $200 instead to at least help him survive.

But right now he had a stable job at the factory where the company sells kerosene. He had a decent salary at least, but this time, he won’t quit the job while still being active on cryptocurrency trading.

Same thing goes to me. I made a mistake relying on trading, bounties and airdrops alone. As a result, my money went downhill even months before the pandemic began. Right now, I am blessed of my stable job with a couple of crypto companies and ain’t planning to quit as they make me financially stable for now, but I am still hungry for more stable income apart from my online gigs that helped me get back what I’ve lost.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Pffrt on November 08, 2021, 02:15:40 PM
While you are true, I don't agree with your all points. It's very risky to trade daily unless you have good knowledge about what you are doing and they (traders) shouldn't quit their job, there's nothing wrong for HODLer to quit their job. There are a lot of early BTC miner, HODLer who have now turned into billionaire with a very small amoun invested. Why do they need to carry on their shitty 9-5 job while they can enjoyn their life with their own things? I'm planning to quit the job in the next few years too  :D


Title: Re: Don't ever quit your job to trade crypto.
Post by: GeorgeJohn on November 08, 2021, 05:14:02 PM
Trading is something i have seen the equivalent methods as advantages and disadvantages in the same time, engaging into trading is good but is not to the extent of quiting in a job, except it's a situation whereby in the morning and night you are on system alone for Trading, so the advantages aspect of trading come this way, you might achieve a huge profit via trading through out one month interval without experience lost, while the disadvantages, can come and take off all the generated profit made for one month trading, so in nutshell, I'm trying putting these to everyone that trading is not what we can hope on, is better you have option A  first for any othe thing and let trading represent your options B, because their is no assurance in trading to make a profit consistently.


Title: Re: Don't ever quit your job to trade crypto.
Post by: qwertyup23 on November 08, 2021, 06:22:03 PM
Trading is something i have seen the equivalent methods as advantages and disadvantages in the same time, engaging into trading is good but is not to the extent of quiting in a job, except it's a situation whereby in the morning and night you are on system alone for Trading, so the advantages aspect of trading come this way, you might achieve a huge profit via trading through out one month interval without experience lost, while the disadvantages, can come and take off all the generated profit made for one month trading, so in nutshell, I'm trying putting these to everyone that trading is not what we can hope on, is better you have option A  first for any othe thing and let trading represent your options B, because their is no assurance in trading to make a profit consistently.


Imagine leaving your stable job and regular income to a platform where all uncertainties are endless and possible. Though trading may yield significant profit (depending on the capital), it can also have the potential to backfire especially if you are a newbie to the trading world.

Personally, trading cryptocurrencies is a double-edged sword. One has to really understand the market and study the technical analysis in order to have a reliable forecast on their prices in the future. Be reminded that relying on a irregular flow of income may be harmful long-term especially if you have daily/monthly obligations to meet.


Title: Re: Don't ever quit your job to trade crypto.
Post by: _BlackStar on November 08, 2021, 07:20:20 PM
I don't have any income in cryptocurrency yet although I have currently made some purchases for bitcoin and some potential altcoin that I will invest in long term. So resign a real job is not a good option for me to do now.

There are consequences that must be considered by anyone who is as a trader if they want to leave a real job and I think they should make sure the estimated asset they currently manage have been able to build other businesses that are equally profitable. Price volatility is another thing every trader should consider if they want to quit their job.

None of us can predict the future of cryptocurrencies including bitcoin and all the altcoin that are currently tradable. So it would be better to keep working while collecting profits from trading to invest in other businesses in the real world without having to resign from his job.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Issa56 on November 08, 2021, 07:30:43 PM
Seriously I believe you shouldn't have one one source of income if you are having a job then I will advise you not  to quit your job for a trading and if you are a trader I will advise you to have another source where you get money from if you really want to make it in life you should have different source where you get money from. You can be a full time trader and get another job or business which will just be like part time business and if you are having a job you can make trading part time business.


Title: Re: Don't ever quit your job to trade crypto.
Post by: ReiMomo on November 08, 2021, 07:58:57 PM
I see a lot of newbies ask whether they should quit their jobs to trade crypto, and my honest advice is you should not try it.

The thing with any investment or business is that, no matter the amount of money you have, it is always good to start small and grow over time (don't test water depth with both feets). Because you are entering a new market and you need time to understand the market. Your job will stand as an insurance for you, in case of any loss. So keep your job, continue investing in crypto and growing your portfolio until the money you make from crypto is more than enough to pay for your lifestyle and also save. Then only can you quit your job.

Unless and until you are equipped in trading earning more than what you are earning from your job, than do not quite your job. Start trading as a part time job, learn its pros and corners and analyze what you are able to invest and how much you are able to take returns from the capital. Its common to all new traders to jump into it without much experience. Its not wrong but yes learn, stand by your own and yes quite your job.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Dragonfund on November 08, 2021, 09:37:44 PM
You can't do jobs with real crypto trading, you need to face one and leave the other to become a pro in trading, I'm not talking about casual traders but the real deal here, there are few things to overcome physically and mentally if you really want to be a pro trader

The circumstances may not be as you view it buddy, look at a YouTuber who always give update to his viewers and give some insight about what's the hot thing in cryptocurrency and trading can do the two together with out affecting the other part. It will even make it easier for him to give more content to his subscribers from his experience and journey while making thread in the market.
The thing is, don't ever quit your job because of trading as anything can happen and the other may be your safe haven.


Title: Re: Don't ever quit your job to trade crypto.
Post by: taufik123 on November 08, 2021, 11:42:39 PM
Crypto trading is a part time job that can be flexible with all kinds of real jobs or other jobs. Crypto trading can be done anywhere and anytime.
Do not leave the main job if crypto trading does not affect the main job.
There's a lot to think about, if it's just a beginner and trying your luck, real work is to support your capital in crypto trading.

Until now I still have a main job and crypto as a part time job.

If you want to leave your main job, of course your trading income must be consistent and will guarantee your life in the future.

There's a lot to think about. adapt to your life, don't be too pushy to continue trading or to leave your real job.


Title: Re: Don't ever quit your job to trade crypto.
Post by: passwordnow on November 09, 2021, 05:57:05 AM
Seriously I believe you shouldn't have one one source of income
Do you mean to say that you believe that everyone shouldn't only have one source?

if you are having a job then I will advise you not  to quit your job for a trading and if you are a trader I will advise you to have another source where you get money from if you really want to make it in life you should have different source where you get money from. You can be a full time trader and get another job or business which will just be like part time business and if you are having a job you can make trading part time business.
There are traders, the good ones that settle for good and can stay be a trader all the days of their lives especially if they've learned different charts and patterns. They can analyze and do technical analysis and as well as fundamental analysis which can help them to survive in different seasons of the markets so having one or two sources while being a trader can easily be done by them but, most of them are choosing freedom.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Taskford on November 09, 2021, 11:29:04 AM
You can't do jobs with real crypto trading, you need to face one and leave the other to become a pro in trading, I'm not talking about casual traders but the real deal here, there are few things to overcome physically and mentally if you really want to be a pro trader

The circumstances may not be as you view it buddy, look at a YouTuber who always give update to his viewers and give some insight about what's the hot thing in cryptocurrency and trading can do the two together with out affecting the other part. It will even make it easier for him to give more content to his subscribers from his experience and journey while making thread in the market.
The thing is, don't ever quit your job because of trading as anything can happen and the other may be your safe haven.

This is the reason why many newbies fail because they always live up with their fantasy and think about always winning when they do trade but in reality we cannot really assume that in a day we can earn decently knowing market is so unpredictable and even how good you are doing a technical analysis still this will never give any guarantee that we can precisely hit our targets. That's why its always better to stay on your job and do trade since for this we can make our life stable and away from being broke.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Falconer on November 09, 2021, 06:44:57 PM
This is the reason why many newbies fail because they always live up with their fantasy and think about always winning when they do trade but in reality we cannot really assume that in a day we can earn decently knowing market is so unpredictable and even how good you are doing a technical analysis still this will never give any guarantee that we can precisely hit our targets. That's why its always better to stay on your job and do trade since for this we can make our life stable and away from being broke.
It is difficult for a trader to quit his job just because the market fluctuate all the time. Some of them may be able to make hundred to thousand of dollars a month but they cannot be consistent with their profit. That's because price fluctuation are the main problem.

The win is on the investors side where they can generate high ROI as they invested in bitcoin and some altcoin in the past to present. I believe 90% of investor who bought bitcoin since 2015 with a capital of $5000 for 20 or 21 bitcoin and held them until 2021 at least until april can quit their job once they profit by selling all the bitcoin. No job in government can earn like that in just 6 years unless they are corrupt. So if someone want to quit their job just because they are interested in bitcoin or altcoin then become an investor.

In my country if someone spends as much as $2000 every month just to make end meet then they are rich people. So the 21 bitcoin he bought in 2015 could support him for 60 years. This is just my guess.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Smartvirus on November 09, 2021, 07:45:39 PM
One thing people ought to avoid in life is limitations. Don't even think of giving yourself one for a second! Limitations keeps you away from the opportunities or rewards that follow whatever. Its a high stake risk to live what comes with a lot of assurance for something that has a probability nature about it. I've never seen anyone that we could say is smarter than the market, you can only try.

So, dumping your job or career for cryptos is not a bad idea. What stops you from having two streams of income? Try a merger and you just might win in both.


Title: Re: Don't ever quit your job to trade crypto.
Post by: KingsDen on November 10, 2021, 11:00:14 PM
I see a lot of newbies ask whether they should quit their jobs to trade crypto, and my honest advice is you should not try it.

I don't think trading is that greedy that you cannot be trading and still be doing your work. If it's truly a passive income, you should find a way to combine both and grow your portfolio.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Trojane on November 10, 2021, 11:16:02 PM
Hey.! Lets be honest here :)
Trading is someone's investment,creativity,time and business.;someone sat down to program everything including the BOTS that trade for most companies too. Now if you're trading forex and maybe you didn't read the news for the day properly so you ended up selling gold when the market is set to buy: automatically you're running on loss,the candles are useless and will keep reading minus.
The question is,
* where do loses go to? Vanish into thin air? :D
The company and its affiliations are all making huge profit daily as you lose coins so how then will someone with his right senses abandon his job for trading? No body does that anyways


Title: Re: Don't ever quit your job to trade crypto.
Post by: suzanne5223 on November 10, 2021, 11:40:28 PM
Hey.! Lets be honest here :)
Trading is someone's investment,creativity,time and business.;someone sat down to program everything including the BOTS that trade for most companies too. Now if you're trading forex and maybe you didn't read the news for the day properly so you ended up selling gold when the market is set to buy: automatically you're running on loss,the candles are useless and will keep reading minus.
The question is,
* where do loses go to? Vanish into thin air? :D
The company and its affiliations are all making huge profit daily as you lose coins so how then will someone with his right senses abandon his job for trading? No body does that anyways
You make some important points but some people's decision when make profit trading from time to time especially during this season that the market is always bullish will surprise you because when they are making awesome profit they always thought that how the market will always be. This remind what some Twitter influencer tweeted " in the bullish market every trader is an experienced trader".


Title: Re: Don't ever quit your job to trade crypto.
Post by: CryptoCraze11 on November 11, 2021, 04:01:54 PM
Not everyday is Sunday, crypto is bullish and majority of people these days are in profit but this bullish season wont last forever. Market has to take correction after such a massive bull run that may last for weeks or months. IMO best strategy in crypto trading is to HODL i.e. buy at low and hold till you get your target price. If you are a HODLER then you don't need to see market all the time nor you need to quit your job. Its really that simple.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Jawadu on November 11, 2021, 06:24:50 PM
Of course yes! I would not recommend quitting a job for trading, especially for beginners. The Crypto world is very risky, even businesses are risky but at least it is easier to have a stable income from a physical business than trading. Though there are some people who are earning only from trading, most of them have joined crypto years back! So they know everything about crypto and they are always ready to take the risk.


Title: Re: Don't ever quit your job to trade crypto.
Post by: TheNineClub on November 11, 2021, 09:21:22 PM
I don't understand where they get the idea that that is even an option. I blame all the hype influencers that are honestly misleading people. They do more harm than good. Crypto should be treated as a social experiment and perhaps a way to boost up your home budget. Everything else is just fools gold.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Rengga Jati on November 11, 2021, 11:29:10 PM
If you are newbie, never do it because it will be very risky and you may lose your job and money.
If we are not newbies but we still cannot put our time and efforts maximally to trading, also don't do it.
If we cannot still have good management and also readiness, also don't do it.
If we thin that we are ready at all, with the fund management, risks, income, ad also daily activities, yeah we can do it for trading.
Actually, successful can be reached by doing whatever we want and possible for us, not to follow others, not to think or do over than what we an do. Although we need to be out of the safe zone, doesn't mean to risk ourselves highly. Moreover risking our family, except, we are all ready for that


Title: Re: Don't ever quit your job to trade crypto.
Post by: CryptoHeadlineNews on November 12, 2021, 08:00:26 AM
Trading on its own is always like a double side coin, whereby you could make profit or lose. But quitting your job to trade is the biggest mistake anyone could ever make. Because in life there is always a provision for a backup plan, and a job is a backup plan in case of any lose in trade.

Thank you🙏🙏




Title: Re: Don't ever quit your job to trade crypto.
Post by: GeorgeJohn on November 12, 2021, 11:37:46 AM
I see a lot of newbies ask whether they should quit their jobs to trade crypto, and my honest advice is you should not try it.

I don't think trading is that greedy that you cannot be trading and still be doing your work.

It depends how you trade, if actually you are inquisitive or desperate in trading you will not have time to perform other duties or function provided that you are a trader, because trading require time factor which your other functions will not allow you to concentrate immensely in order to monitor your trading movement, the reason while some people lose in trading is because of not be conscious of time factor or misused of time frame, like during trading some people fall asleep and within the range of time they won't be able to detect when Market is against.


Title: Re: Don't ever quit your job to trade crypto.
Post by: tvplus006 on November 12, 2021, 11:40:12 AM
It does not make any sense if one quit his / her job for trading. Do not take trading as source of income because their maybe loss in trading. If planning to quit trading there must be something like business at hand that brings income always, trading is meant for financial support.

You can consider leaving your job only if trading and investing in cryptocurrency support the needs of your family and take about the same amount of time as the main place of work. Thus, trading will cease to be a hobby for you, and in this case you should become a professional trader.


Title: Re: Don't ever quit your job to trade crypto.
Post by: blatchcorn on November 12, 2021, 01:11:06 PM

You can consider leaving your job only if trading and investing in cryptocurrency support the needs of your family and take about the same amount of time as the main place of work. Thus, trading will cease to be a hobby for you, and in this case you should become a professional trader.

I bet no one can full fill this requirement. Crypto is bullish these days and almost anyone can make profit in such circumstances, only those who get over excited because of this bull run can think of quitting the job. Relax, this bull will be over soon and bears will take over. Those who think quitting there job won't ask such question once we are in bear season.


Title: Re: Don't ever quit your job to trade crypto.
Post by: pawanjain on November 12, 2021, 04:11:59 PM
I have seen many people wondering if they should quit their job just because they started making profits.
What they don't understand is it is not necessary that they will continuously make profits in consecutive trades.
They might even lose money in the bear market if they don't execute the right trades.
Yet they are determined to quite their job. One should never quit their job before they have 5 years of experience in trading crypto.
Also, if you are young then you can take the pressure of doing a day job while still trading crypto part time.
This will increase your sources of income which you can again use in trading.


Title: Re: Don't ever quit your job to trade crypto.
Post by: AakZaki on November 12, 2021, 04:17:05 PM
Seriously I believe you shouldn't have one one source of income if you are having a job then I will advise you not  to quit your job for a trading and if you are a trader I will advise you to have another source where you get money from if you really want to make it in life you should have different source where you get money from. You can be a full time trader and get another job or business which will just be like part time business and if you are having a job you can make trading part time business.
Even since about 2013 I've been trading bitcoin and I've been working at a company I didn't leave that. I'm trying to run side by side. I want to keep having a lot of friends from all walks of life. Although I know the money opportunities from crypto currently exceed my salary at the company. Although I believe today Crypto traders can be used as a job and make money.  But if you're a new person who knows crypto and immediately wants to give up your real job, then that's not what I recommend. Crypto has a greater risk that even your money can run out overnight.


Title: Re: Don't ever quit your job to trade crypto.
Post by: tvplus006 on November 13, 2021, 05:32:11 PM
I bet no one can full fill this requirement. Crypto is bullish these days and almost anyone can make profit in such circumstances, only those who get over excited because of this bull run can think of quitting the job. Relax, this bull will be over soon and bears will take over. Those who think quitting there job won't ask such question once we are in bear season.

For a professional trader, there is no difference at what stage the market is. Since in this case, the use of margin trading allows you to make a profit on both bullish and bearish markets. Last year, when there was a lockdown, for me the profit from trading for several months was the only source of income.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Pamadar on November 13, 2021, 06:42:04 PM
I have seen many people wondering if they should quit their job just because they started making profits.
What they don't understand is it is not necessary that they will continuously make profits in consecutive trades.
They might even lose money in the bear market if they don't execute the right trades.
Yet they are determined to quite their job. One should never quit their job before they have 5 years of experience in trading crypto.
Also, if you are young then you can take the pressure of doing a day job while still trading crypto part time.
This will increase your sources of income which you can again use in trading.

Solid 5 years of experienced will allow you to understand both up and down that's happening inside this venue of investment.

Quitting your day job is possible if you already master the right way of making money from your everyday trade. Most of those who are successful in this industry take a lot of time before they finally find the right system.

Value your day job, only decide if you see yourself making good money that can sustain 1-2 years of your daily needs, adjustments,
can be done if you have enough savings from coming from your investment profits.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Theones on November 13, 2021, 06:53:37 PM
Solid 5 years of experienced will allow you to understand both up and down that's happening inside this venue of investment.

Quitting your day job is possible if you already master the right way of making money from your everyday trade. Most of those who are successful in this industry take a lot of time before they finally find the right system.

Value your day job, only decide if you see yourself making good money that can sustain 1-2 years of your daily needs, adjustments,
can be done if you have enough savings from coming from your investment profits.

Emotions must be set aside while thinking or making decisions about such things. There are people who can made profit even in bear market but they are very few in numbers and have in depth knowledge about crypto trading. New commers or Amateur Investors must value there job and keep crypto trading as side option. If you play sensibly even part time crypto can give you more profit then your job.


Title: Re: Don't ever quit your job to trade crypto.
Post by: isaac_clarke22 on November 13, 2021, 08:25:19 PM
~
Like Pamadar mentioned below you, that 5 years should already be enough unless you're not taking crypto trading seriously leading surely to eggs and zeroes.
If you're still not quite comfortable within those years, then surely you had wasted your life and have not learned anything and surely sticking to your job would be really a good idea at that moment.
I haven't recalled someone quitting their job yet for crypto.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Russlenat on November 13, 2021, 08:33:40 PM
Good advice though, your job assures you income so you don't quit right away.

I was employed before I started crypto and I think of quitting but then I realized it was a stupid decision because I don't have enough skills to be successful in trading. As they say, slowly but surely, so that's what I did, I was just lucky that some of my holdings in the past pump and it give me enough profit to start my business outside crypto, that way I have a different source of income as we never know how our journey will end up in crypto's risky world.


Title: Re: Don't ever quit your job to trade crypto.
Post by: TinaK on November 13, 2021, 10:37:25 PM
Never ever!
A stable source of income is a must these days in able for you to survive and believe that having a stable job will also sustain your trading activity which is good either you will win or lose in trading your life status will not be affected. I don't agree that years matter, even though you are in 10 years of being a good trader, it won't really have an effect on crypto trading not unless you have a magic that can able to see in the future, the crypto market is unpredictable and non on e knows what will be the possible price. So there's no really have guarantee.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Luffygroove on November 14, 2021, 03:55:12 AM
I agree with you. It's actually really a harsh world in here. People need to consider their decision really well and not only just impulsively jump to the crypto world without any preparation just because of hype. It's a different thing with those who actually unemployed. People who actually got a real job need to keep their real job while learning cryptocurrencies in their spare time. A real job will guarantee your life meanwhile crypto will increase your income. Make it a side job instead of main job if you can.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Marykeller on November 14, 2021, 06:27:50 PM
Leaving your present job for crypto trading makes no single sense at all. Human beings are supposed to have stable paying jobs and also have a different avenue of making money. A side hustle is always advisable no matter how big or small it could be. Cos in this life nobody can't tell what job will keep sustaining and the other fail.

The world we live in now needs a diversified means of survival than depending on or forfeiting the other.


Title: Re: Don't ever quit your job to trade crypto.
Post by: tvplus006 on November 14, 2021, 07:18:40 PM
If you stick to day trading, which allows you to get a good profit, then you will not be able to combine it with work in the office. After all, no boss will like the fact that you will be busy trading, and not performing your official duties. The only exception can be only if you are the boss yourself)


Title: Re: Don't ever quit your job to trade crypto.
Post by: dbc23 on November 14, 2021, 10:07:56 PM
Trading is too risky to quit ones job for with the high volatility. If it can be considered as a side hustle with very minimal risk management and money management principle that would be better. I have had of people who quit their jobs for the sake of crypto trading many made it big while some went bankrupt. I think it would be more preferred if one trades while maintaining their regular jobs


Title: Re: Don't ever quit your job to trade crypto.
Post by: sunsilk on November 14, 2021, 10:23:01 PM
Leaving your present job for crypto trading makes no single sense at all.
There's a sense if the person leaving his job is already good in trading and sees a lot of advantage for choosing the trading path. To us that rely on employment, we're going to think this way. But there are people that really see themselves better on the other path like trading.

Human beings are supposed to have stable paying jobs and also have a different avenue of making money.
Don't forget that there's also the business side where people are good in making businesses and don't want to work for someone. Instead, they want to be the boss of their own. Have free time and more freedom.

A side hustle is always advisable no matter how big or small it could be. Cos in this life nobody can't tell what job will keep sustaining and the other fail.
A side hustle that can be a full time is also happening occasionally.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Shamm on November 15, 2021, 03:08:40 AM
Leaving your present job for crypto trading makes no single sense at all. Human beings are supposed to have stable paying jobs and also have a different avenue of making money. A side hustle is always advisable no matter how big or small it could be. Cos in this life nobody can't tell what job will keep sustaining and the other fail.
In my own perspective I'll choose to leave my daily job and focus the trade. You need to take a risk in order to be successful for me if you Only focus on your daily job.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Alisha-k on November 15, 2021, 08:18:42 AM
Many persons are victims of this particular act, the fact that you trade Bitcoin shouldn't make you feel comfortable and disregard physical business ideas. As a newbie, it's not wise to focus on trading/investing fully, except to say you have means of income elsewhere aside the crypto world.

As a professional or anybody higher than the newbies it's expedient you make physical investments as many as possible so in the days where they are dip, you can have an insured means of income to always look back at.


Title: Re: Don't ever quit your job to trade crypto.
Post by: ShowOff on November 15, 2021, 08:34:08 AM
As a professional or anybody higher than the newbies it's expedient you make physical investments as many as possible so in the days where they are dip, you can have an insured means of income to always look back at.
I understand what you mean by physical investment and how we can minimize the risk of fluctuation in the price of bitcoin and altcoin as trading and investment asset. Investing in bitcoin and most of the altcoin can be a mean of making profit in a certain period of time be it short term or long term. We can't expect profit anytime because the price will never be stable. Fluctuation become the determining factor whether we can make a profit or not.

So, we should also start to think that physical investment is also a profitable investment vehicle where we can get minimal profit when the price start to rise and this option is also included in the strategy of having a reserve fund when the market start to become hostile "big correction" and we can't sell it in a down market.


Title: Re: Don't ever quit your job to trade crypto.
Post by: ReiMomo on November 15, 2021, 07:13:41 PM
Leaving your present job for crypto trading makes no single sense at all. Human beings are supposed to have stable paying jobs and also have a different avenue of making money. A side hustle is always advisable no matter how big or small it could be. Cos in this life nobody can't tell what job will keep sustaining and the other fail.
In my own perspective I'll choose to leave my daily job and focus the trade. You need to take a risk in order to be successful for me if you Only focus on your daily job.


Unless and until you do not have any financial commitment monthly, yes its well and good to leave the job and focus on trading. Here most of us hesitate / think often to take decision to leave their current job and move on to trading as they do have monthly financial commitments. As we can expect monthly standard income from trading, many do not leave their regular job. So if you and your dependent are not depend on your job and your income then yes leave your job and jump into trading.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Rabi3 on November 15, 2021, 11:35:55 PM
I see a lot of newbies ask whether they should quit their jobs to trade crypto, and my honest advice is you should not try it.

The thing with any investment or business is that, no matter the amount of money you have, it is always good to start small and grow over time (don't test water depth with both feets). Because you are entering a new market and you need time to understand the market. Your job will stand as an insurance for you, in case of any loss. So keep your job, continue investing in crypto and growing your portfolio until the money you make from crypto is more than enough to pay for your lifestyle and also save. Then only can you quit your job.
trading crypto is like a job with no insurance, the crypto market crashes and you're in the negatives waiting for it to comeback up again and you have bills to pay, just like a job with no insurance, you crash into something and you break your leg or something, you have to wait until you you heal but you have bills to pay, the best thing someone can do is both, that's if he can, if you already have a good respectful job and insurance got your back if something bad happens, just stick with it, it's guaranteed unlike trading which is literally gambling.


Title: Re: Don't ever quit your job to trade crypto.
Post by: TinaK on November 15, 2021, 11:54:11 PM
Leaving your present job for crypto trading makes no single sense at all. Human beings are supposed to have stable paying jobs and also have a different avenue of making money. A side hustle is always advisable no matter how big or small it could be. Cos in this life nobody can't tell what job will keep sustaining and the other fail.
In my own perspective I'll choose to leave my daily job and focus the trade. You need to take a risk in order to be successful for me if you Only focus on your daily job.

If that is on my side, I disagree with this opinion.
Trading is not a job and it does mean you are a risk-taker you become a successful trader, that is not how it will work for me.
There is no stable source of income in trading, even experts in trading maybe experience losses and it could be easily to wipe out your money in trading and you can't able to survive because you don't have other source of income.

Just don't leave your personal job, that makes you to sustain your trading activity when your monthly salary come.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Anguwa on November 16, 2021, 12:40:37 PM
I see a lot of newbies ask whether they should quit their jobs to trade crypto, and my honest advice is you should not try it.

The thing with any investment or business is that, no matter the amount of money you have, it is always good to start small and grow over time (don't test water depth with both feets). Because you are entering a new market and you need time to understand the market. Your job will stand as an insurance for you, in case of any loss. So keep your job, continue investing in crypto and growing your portfolio until the money you make from crypto is more than enough to pay for your lifestyle and also save. Then only can you quit your job.
This indeed a very good advice, there is a very high risk in trading cryptocurrencies, so quitting job in the name of crypto trading. And also one important thing to the beginners in trading is try not to invest more than what you can afford to loose, so trading is very good but not fully reliable.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Patigi on November 19, 2021, 08:38:08 PM
It all depend on the type of job you are with at that particular time because their are some jobs that doesn't what your leaving, but you don't have an alternative. For me if I can make more money in trading cryptocurrency I will quit my job for it. Jobs are control my bosses but trading is your own business. If leaving your present job for trading crypto can solve your problems. Why not leave? Their are some people out there making it than salaries collectors or wages collectors in cryptocurrency.


Title: Re: Don't ever quit your job to trade crypto.
Post by: kawetsriyanto on November 19, 2021, 09:04:51 PM
If we are a full-time day trade and we are professional, commonly we will only focus on trading, not working outside because day trade will spend so much time.
However, if we are not a day-trade, or moreover new enough to crypto, never quit your job and trade only. This is too risky. You may lose both, your job and also your income from trading. For, trading is not only about making profits but also managing the profits and also funds that sometimes you may lose your money.

Btw, I see many newbies also focus on trading and quit jobs because they want to take high risks and they want to be out of their comfort zone.
I don't think this is a good idea, working here or trading crypto is not only about the bravery of taking risks, but also how smart and wise we are manaing our risks, strategy, emotion, and also being realistic.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Trojane on November 20, 2021, 01:02:12 AM
I need to make these exemplary; If for instance you have a job that pays you 100dollars every month end and fix some allowances for your upkeep maybe at 20 dollars per week, can a reasonable person that understands the rise and fall in currency,risk involved in trading and the coins you're going to lose , comfortably choose trading over his job? Knowing quiet well that most times, since the BOTs were created and programmed by someone,dances to the owner's tune?
Anyone that does these and is paying his tax and levies + bills by himself is slowly luring himself into stealing and fraud: look at these critically :D
 I mean.....its not even necessary at all


Title: Re: Don't ever quit your job to trade crypto.
Post by: Lordhermes on November 20, 2021, 02:02:53 AM
It all depend on the type of job you are with at that particular time because their are some jobs that doesn't what your leaving, but you don't have an alternative. For me if I can make more money in trading cryptocurrency I will quit my job for it. Jobs are control my bosses but trading is your own business. If leaving your present job for trading crypto can solve your problems. Why not leave? Their are some people out there making it than salaries collectors or wages collectors in cryptocurrency.
Ofcourse,it all depends on the type of job you are doing,if the job is not paying as much as trading is paying,then there is no need of keeping the job,and the most amazing part of it is that,you are your own boss here,but where you work under somebody and they are controlling you,you won't have peace of mind.

Therefore,if it will be better if you quit your present job and focus on Crypto which pays you as you want,then you better do it.What gives you joy is worth sacrificing for.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Daniel91 on November 20, 2021, 02:39:50 PM
I need to make these exemplary; If for instance you have a job that pays you 100dollars every month end and fix some allowances for your upkeep maybe at 20 dollars per week, can a reasonable person that understands the rise and fall in currency,risk involved in trading and the coins you're going to lose , comfortably choose trading over his job? Knowing quiet well that most times, since the BOTs were created and programmed by someone,dances to the owner's tune?
Anyone that does these and is paying his tax and levies + bills by himself is slowly luring himself into stealing and fraud: look at these critically :D
 I mean.....its not even necessary at all

You have chosen a very good and logical example, thank you for that as well.
Every man should be responsible in what he does and plan well.
Crypto trading should always remain a secondary source of income, regardless of the initial good results, because we all know very well that trends in the crypto market change very quickly.
I would leave my primary job only when I would make a really big profit from crypto trading and withdraw that money to a bank account and when I could live carefree from that money for the rest of my life.
Everything else is just dreams and fantasies but far from the reality of real life.


Title: Re: Don't ever quit your job to trade crypto.
Post by: taufik123 on November 20, 2021, 04:44:18 PM
Ofcourse,it all depends on the type of job you are doing,if the job is not paying as much as trading is paying,then there is no need of keeping the job,and the most amazing part of it is that,you are your own boss here,but where you work under somebody and they are controlling you,you won't have peace of mind.

Therefore,if it will be better if you quit your present job and focus on Crypto which pays you as you want,then you better do it.What gives you joy is worth sacrificing for.
Working for other people does have pressure because there are targets to be achieved.
Letting go of a bad job that has a worse impact and doesn't make a lot of money or is far from enough might be a reason to leave it and focus more on crypto.

but if the real job or main job has a good enough income, of course it can be maintained, because the main job will support a side job in crypto.

I currently even still have a main job even though the salary that crypto gives is bigger. The main job is also a social status in our lives.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Hypnosis00 on November 20, 2021, 08:29:40 PM
Job gives us a secure monthly income, whether it was fixed or not while in trading, it can be unlimited depending on the market and how you manage it but the risk of losing could still be possible. if we could just think it wisely and if your job doesn't meet your needs or not even enough, there is no reason why we have to stay there, that is better to look for another opportunity where we know that we can uplift our living. As trading required more time than something needs for us to sacrifice our job and focus on trading.


Title: Re: Don't ever quit your job to trade crypto.
Post by: galambo on November 21, 2021, 10:13:48 AM
Quitting a good career job for trading like crypto, forex and equity is the worst thing one can do. Why Quitting a job when you can do crypto trading as side business. Moreover this current bull run won't last forever rather bears will take over soon and that season may last for months. How can you survive the bearish season if you don't have a suitable job? Think and act wisely.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Yamifoud on November 21, 2021, 01:44:13 PM
Quitting a good career job for trading like crypto, forex and equity is the worst thing one can do. Why Quitting a job when you can do crypto trading as side business. Moreover this current bull run won't last forever rather bears will take over soon and that season may last for months. How can you survive the bearish season if you don't have a suitable job? Think and act wisely.
If we can do both, I don't think that someone will think about quitting but rather keep them. But for those who found themselves living well solely in that trading and get satisfied with the result, that probably think tp leave their current job and focus on trading. Not that actually a tough decision to make, all of us have the choice and that is worse living in a toxic job if we feel that we are not comfortable anymore. For many reasons that it brings to that situation and you are right, think it wisely.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Theones on November 21, 2021, 04:29:06 PM

If we can do both, I don't think that someone will think about quitting but rather keep them. But for those who found themselves living well solely in that trading and get satisfied with the result, that probably think tp leave their current job and focus on trading. Not that actually a tough decision to make, all of us have the choice and that is worse living in a toxic job if we feel that we are not comfortable anymore. For many reasons that it brings to that situation and you are right, think it wisely.

We see such questions/suggestions when bitcoin goes wild like these days. I bet you won't see any when btc goes down in value, like in Dec 2018 when bitcoin was around 3k to 4k. Jobs are toxic I agree. If you wanna get rid of job then try something like doing some freelance work in your area of expertise. Putting all your eggs in one basket is not a good thing to do IMO.


Title: Re: Don't ever quit your job to trade crypto.
Post by: BIT-BENDER on November 21, 2021, 06:50:02 PM
In my thinking, I would suggest to follow personal feelings, I know many that are so hard-working right now with the goal of an early retirement, not everyone love the everyday preparation, for work and the rigorous working activities just to come back stressed and tired, so it's fine to work out a plan to work for a period of time and then retire, more retirees don't want to stop earning or making money, but they want it dependent, like they decide the time for work and when not to, trading and crypto-currency investment is one they chase after, so I don't think it wrong if one retires Early to chase this goals.


Title: Re: Don't ever quit your job to trade crypto.
Post by: isaac_clarke22 on November 21, 2021, 07:08:48 PM
~
Well as for some people thinking that "trading" would make someone rich in a day is a really absurd statement and it makes me cringe on why do they decide on that kind of risky decision.
I would never ever risk my job to trade it all in crypto.
If one is in a toxic workplace and it affects one's mentality, what more can it effect when crypto's unstable price can do to one's mentality.


Title: Re: Don't ever quit your job to trade crypto.
Post by: mirakal on November 21, 2021, 08:58:44 PM
If you have a decent job, you have to think over and over because once you quit, you are giving up a secured cash flow on a monthly basis. However, if the opportunity is big and you are a risk-taker, then you can always make a decision to quit your job and focus in trading, I know some people who made a fortune through crypto trading, so it's not impossible to change your life and be financially free, but then, it's really up to you if you will gamble as you could also lose and end up with nothing.

Lastly, it's always good to have another source of income in case one source will fail, maybe start a business before quitting so you'll not be too worried while trading.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Pamadar on November 21, 2021, 09:33:51 PM
If you have a decent job, you have to think over and over because once you quit, you are giving up a secured cash flow on a monthly basis. However, if the opportunity is big and you are a risk-taker, then you can always make a decision to quit your job and focus in trading, I know some people who made a fortune through crypto trading, so it's not impossible to change your life and be financially free, but then, it's really up to you if you will gamble as you could also lose and end up with nothing.

Lastly, it's always good to have another source of income in case one source will fail, maybe start a business before quitting so you'll not be too worried while trading.

Stable job indeed provides a good source of income, giving it up without any assurance that you already have the right sets of skills and knowledge is not a good decision to make.

Yes, it's true that there are people who make a good living by doing this business (trading) but not all are successful, giving up your main source of income is the manner that you are unsure of your fate will ruin your life.

Take time and continue to assess if you are ready to step forward and deal with your trading for most of your life.


Title: Re: Don't ever quit your job to trade crypto.
Post by: tvplus006 on November 21, 2021, 10:37:25 PM
Quitting a good career job for trading like crypto, forex and equity is the worst thing one can do. Why Quitting a job when you can do crypto trading as side business. Moreover this current bull run won't last forever rather bears will take over soon and that season may last for months. How can you survive the bearish season if you don't have a suitable job? Think and act wisely.

By the time you learn the basics of trading and can consistently make a profit, you will not have free time to work in the office. Combining work is possible only if you are engaged in long-term trading or only hold. In this case, you will have enough time to check your orders and open new ones.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Stalker22 on November 21, 2021, 10:45:30 PM
Trading crypto has all the ups and downs like it is with other investments. There were days I'd trade without any gain, as well as days I'd profit massively from it, so you're going to have your bad days, as well as your good days.

But still, quitting your day job to trade crypto is like pulling the pin on your grenade, if you don't have a backup plan in case you lose everything you invested, it might be the end of your financial life.


Title: Re: Don't ever quit your job to trade crypto.
Post by: lienfaye on November 22, 2021, 01:08:49 AM
Its not advisable to quit job and rely on trading crypto alone. The income is not stable plus there's no guarantee that you'll always gain. Because even pro traders are having losses too despite of being knowledgeable, so what more for newbies?

Thus take the path where you can maximize your earnings by having a real job then be a crypto investor/trader as your sideline.

If you know to yourself that you can already stand on your own (financially stable) and can managed to live without a daily job then its the time to look for other opportunities even it has risk.



Title: Re: Don't ever quit your job to trade crypto.
Post by: carolynpatterson on November 23, 2021, 04:58:37 AM
A very basic, yet important piece of advice. Crypto market is a volatile market. Hence, leaving your job for it doesn’t make sense. Some new traders also borrow money to trade cryptocurrencies. They should avoid this. By doing so, they are increasing risk.

The best way is to start slow and invest in learning the concepts, and  only trade full-time when you have gained consistency.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Storytellers on November 23, 2021, 10:05:47 AM
Hello,
actually to be honest im from those newbies that quit my job to be with full focus in trading. I got really addicted because i have some friends that are in this type of busyness from years now and i got extremely brave for a very short amount of time.Then i wasnt thinking if its risky or not but my idea was to provoke the karma to succeed because i jumped so rapidly. My advice to every newbie in trading NOT to quit their jobs like i did!

thank you for your time!


Title: Re: Don't ever quit your job to trade crypto.
Post by: Pamadar on November 24, 2021, 03:43:40 PM
Its not advisable to quit job and rely on trading crypto alone. The income is not stable plus there's no guarantee that you'll always gain. Because even pro traders are having losses too despite of being knowledgeable, so what more for newbies?

Thus take the path where you can maximize your earnings by having a real job then be a crypto investor/trader as your sideline.

If you know to yourself that you can already stand on your own (financially stable) and can managed to live without a daily job then its the time to look for other opportunities even it has risk.



Evaluate your capabilities. It's important that you have the right mindsets.

Trading is also a good source for your financial needs. If you see that you are already capable and you can support your needs,
it's also considerable to take this path, but that's only if you are sure you have enough resources.

Leaving a stable job is not easy. If you failed with your trade, you'll be forced to find another and you need to start from the scratch.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Munir575 on December 10, 2021, 01:19:25 PM
Quiting your job to trade crypto is not the right thing to do even if your job don't pay much and can't cater for all your needs because trading has no guarantee. Trading should used to support your job instead because it is of two sides and you can run at profit or loss at any time. Even when you feel you are well established its not advisable to quit your job its better to have a stable and reliable job.


Title: Re: Don't ever quit your job to trade crypto.
Post by: SmokerFace on January 01, 2022, 10:02:00 PM
Job is a regular source of income. Which should be quite straightaway unless you have some good alternative source of income. I would strictly recommend you to not quit your job in order to trade crypto. But yes you must try it as a secondary source of income by starting it as side work. Once you have achieved a level on which quitting your current job may not affect you as your alternative source of income is paying you enough to meet down your expenses, you can definitely quit your job.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Masplanc on January 02, 2022, 09:49:29 AM
Young traders see this step as a good one.  But this step is a wrong mistake to take . The income in a job is sure that one will have it , when job is been quit and one only on concentrate on trading alone you not sure of when profit comes in a specific time. Source of income from a job  be the strength of trading and investment.


Title: Re: Don't ever quit your job to trade crypto.
Post by: mirakal on January 02, 2022, 01:47:21 PM
Young traders see this step as a good one.  But this step is a wrong mistake to take . The income in a job is sure that one will have it , when job is been quit and one only on concentrate on trading alone you not sure of when profit comes in a specific time. Source of income from a job  be the strength of trading and investment.
When you are trading, you are taking a higher risk but you can also get rewarded if you succeed.

That's different from having a day job as you are guaranteed with a pay on a regular basis but that would not take you to your dreams of financial freedom. So, if we want to be financially free, we should learn how to take the risk but it's not necessary that we will quit right away as we can still work while we are trading or investing in crypto, we only resign when we are already confident that our skills will bring us consistent profit.


Title: Re: Don't ever quit your job to trade crypto.
Post by: TheNineClub on January 02, 2022, 04:11:31 PM
I see a lot of newbies ask whether they should quit their jobs to trade crypto, and my honest advice is you should not try it.

The thing with any investment or business is that, no matter the amount of money you have, it is always good to start small and grow over time (don't test water depth with both feets). Because you are entering a new market and you need time to understand the market. Your job will stand as an insurance for you, in case of any loss. So keep your job, continue investing in crypto and growing your portfolio until the money you make from crypto is more than enough to pay for your lifestyle and also save. Then only can you quit your job.

That's sound advice, BUT, let me be the devil's advocate here. There are numerous examples (not related to crypto specifically) of people going all-in on their dreams, businesses, ideas, projects, and making it work to their advantage. Yeah, it's risky and I personally wouldn't advise it, but people who have made it work prove me wrong.


Title: Re: Don't ever quit your job to trade crypto.
Post by: nurilham on January 02, 2022, 04:22:40 PM
As said that people tend to be tempted by profit trading without thinking a few things. that's good but in my opinion, if it can do both why should stop one of them. I mean trading also doesn't take a full time in the day so we can do our regular jobs. but it all depends on each individual, if indeed with trading it can be sufficient then that's good because we don't have to work anymore. the most important thing is to trade as best you can so you can profit from it. think about what you should do before deciding on something as well as trading.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Richycryp on January 02, 2022, 11:21:01 PM
You not even advise to quit your job because of trading, market is no one friend. The market goes up and down, the trading platform should not be what you should give hundred percent assurance. You can keep trading but never you quit your job. Your Job is your number one  based It is always what you will run back to when trading is not going well, sometimes the market has alot of panic . Never you quit your job.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Gorosden on January 03, 2022, 07:42:29 AM
Many people are saying it's senseless to quit your job for trading well that is if your job payout is really good, I've seen some people quitting their jobs to focus 100% on trading and that's the way it should be, you should focus completely on trading If you really want to learn trading to get the best out of it


Title: Re: Don't ever quit your job to trade crypto.
Post by: Lordhermes on January 05, 2022, 02:51:33 AM
They say you don't value what you have untill you lose it,quiting your job because you want to trade crypto is one of the biggest mistake one can ever make.
Yes,Crypto trading is fast,but it is very risky,and if not careful,you can loose all your fund because of it.

Combining crypto with your job will be the best thing because your job is a guarantee,while trading can be by luck.


Title: Re: Don't ever quit your job to trade crypto.
Post by: dataispower on January 05, 2022, 06:57:29 AM
It all depend on the type of job you are with at that particular time because their are some jobs that doesn't what your leaving, but you don't have an alternative.
you are right, because their is a job you have and leaving will cause damage to you than leaving job because of trading, their is some jobs trading is better than because you will make profit than the job, but the process you are working with with government or company that the payment rate is good, you don't have to quit from work to trade because after working hours you can use the remaining time to trade and rest but you will not be sufficient in trading and that is the only advantages


Title: Re: Don't ever quit your job to trade crypto.
Post by: BitKongy on January 05, 2022, 07:27:58 AM
I would quit my job for crypto because job sucks in my country and dollar rate to my country FIAT is big so getting paid in dollars helps alot, as little as 20$ per day is enough for me for that day, so the best answer is it depends on how good the job is for you


Title: Re: Don't ever quit your job to trade crypto.
Post by: Luzin on January 05, 2022, 02:45:48 PM

Combining crypto with your job will be the best thing because your job is a guarantee,while trading can be by luck.

I do that, but sometimes there's one I have to make number two. I've been doing that since 2015. Because the culture of the community here is certainly a village people who still lack knowledge about trading in the crypto world. In addition, I also want to make my father happy enough if his son has a real job in the eyes of the community.
Although sometimes the salary I receive is smaller than the results of my trade, but I am still happy with what I live. Even that small salary also helped my finances. Even my job is currently in the process of getting better. So I agree to go through both, because I really like this world of trading. 


Title: Re: Don't ever quit your job to trade crypto.
Post by: Pamadar on January 06, 2022, 04:21:29 AM
It all depend on the type of job you are with at that particular time because their are some jobs that doesn't what your leaving, but you don't have an alternative.
you are right, because their is a job you have and leaving will cause damage to you than leaving job because of trading, their is some jobs trading is better than because you will make profit than the job, but the process you are working with with government or company that the payment rate is good, you don't have to quit from work to trade because after working hours you can use the remaining time to trade and rest but you will not be sufficient in trading and that is the only advantages

You can enjoy both if you know how to balance your time,

There are companies where you can get a lots of perks, kind of job which not easy to let go even you are earning decently with your
trading, that's why it's really important to assess everything before you make your decision.

If you can hold both it's better and more secure for you and for your  love ones.


Title: Re: Don't ever quit your job to trade crypto.
Post by: ReiMomo on January 06, 2022, 06:30:51 PM
It all depend on the type of job you are with at that particular time because their are some jobs that doesn't what your leaving, but you don't have an alternative.
you are right, because their is a job you have and leaving will cause damage to you than leaving job because of trading, their is some jobs trading is better than because you will make profit than the job, but the process you are working with with government or company that the payment rate is good, you don't have to quit from work to trade because after working hours you can use the remaining time to trade and rest but you will not be sufficient in trading and that is the only advantages

You can enjoy both if you know how to balance your time,

There are companies where you can get a lots of perks, kind of job which not easy to let go even you are earning decently with your
trading, that's why it's really important to assess everything before you make your decision.

If you can hold both it's better and more secure for you and for your  love ones.

Irrespective of a company where you work, its the team where you especially spend your time matters. Your concern team lead or manager plays a big role in you having a work life balance where you can freely separate time for your official work and your personal work. If you are gifted and blessed, yes you get a good lead and you get time to balance everything. In this case, you no need to quite your job. But in case you are in a team where you get lots and lots of pressure due to loads of works, then its upto you to decide which is priority for you.


Title: Re: Don't ever quit your job to trade crypto.
Post by: kawetsriyanto on January 06, 2022, 11:12:08 PM
You can enjoy both if you know how to balance your time,
Yep. Why don't enjoy both crypto jobs and our jobs in real life? I did it, and I have no problem at all. Crypto jobs don't require too much time and the schedule are adjustable. I am pretty sure that someone won't trade day long, and won't check the market every time. And if you are not a professional trader, you even just trade when you want. So, crypto jobs actually never bother our jobs in real life. Just hold both of them, and no need to leave one.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Peanutswar on January 06, 2022, 11:49:11 PM
If you are already financially stable you can quit your job but if not it's not ideal to quite a passive income to a cryptocurrency market which is volatile not all the time it gives a good profit and assets. Many people doing this thing because they think they can now sustain their life which is possible happen people stop working and going to school just to focus on earning in cryptocurrency. If you are capable enough why not all we need is knowledge as an investment here once you get successful every investment you can now handle your time on your own and make it lighter to live.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Shamm on January 07, 2022, 09:24:51 AM
If you are already financially stable you can quit your job but if not it's not ideal to quite a passive income to a cryptocurrency market which is volatile not all the time it gives a good profit and assets. Many people doing this thing because they think they can now sustain their life which is possible happen people stop working and going to school just to focus on earning in cryptocurrency. If you are capable enough why not all we need is knowledge as an investment here once you get successful every investment you can now handle your time on your own and make it lighter to live.
I agree with this, before you leave your job make sure that you have enough money to sustain your daily needs cause as you said above you can not predict the outcome of the price cause not all the time the price goes up. There's a time that the price keeping goes down within a week or a months. But if you have knowledge enough about investment and then you enough money an then you can quit your job and focus on Trade.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Kelvinid on January 07, 2022, 11:48:11 AM
If you are already financially stable you can quit your job but if not it's not ideal to quite a passive income to a cryptocurrency market which is volatile not all the time it gives a good profit and assets. Many people doing this thing because they think they can now sustain their life which is possible happen people stop working and going to school just to focus on earning in cryptocurrency. If you are capable enough why not all we need is knowledge as an investment here once you get successful every investment you can now handle your time on your own and make it lighter to live.
I agree with this, before you leave your job make sure that you have enough money to sustain your daily needs cause as you said above you can not predict the outcome of the price cause not all the time the price goes up. There's a time that the price keeping goes down within a week or a months. But if you have knowledge enough about investment and then you enough money an then you can quit your job and focus on Trade.

Let say to have money that would be able to sustain us for a month or a year we can therefore think about quitting our job. But I don't agree it was a very satisfying move, yet it was a suicide. Maybe if you have another source of income and you think it could provide you the best than having a job, I was definitely to agree about leaving your job.

Maybe choosing to trade is good for those who are good at this as well but if you are just a beginner, I don't think so.
What I could suggest is that we spend more time thinking of leaving our job will change everything especially our living conditions. If we think it helps to become better as to focus on something more profiting, then we have to go.



Title: Re: Don't ever quit your job to trade crypto.
Post by: ShowOff on January 07, 2022, 12:03:19 PM
Let say to have money that would be able to sustain us for a month or a year we can therefore think about quitting our job. But I don't agree it was a very satisfying move, yet it was a suicide. Maybe if you have another source of income and you think it could provide you the best than having a job, I was definitely to agree about leaving your job.

Maybe choosing to trade is good for those who are good at this as well but if you are just a beginner, I don't think so.
What I could suggest is that we spend more time thinking of leaving our job will change everything especially our living conditions. If we think it helps to become better as to focus on something more profiting, then we have to go.
So far some people may have quit their main job just because they have managed to make money from crypto better than their main job. As one example, I have a friend who works as a worker in a jewelry store and earns $100-$200 per month, but since he got to know crypto, he has managed to make over $500 every month. He bought mining equipment, he was focused on continuing to do it and I don't think it was ever a problem for his finances.

We can leave our main job if we believe that whatever field we are in crypto is enough to keep us financially secure, it's never really bad when we can't earn more in our main job.


Title: Re: Don't ever quit your job to trade crypto.
Post by: AakZaki on January 07, 2022, 12:47:01 PM
~snip~

We can leave our main job if we believe that whatever field we are in crypto is enough to keep us financially secure, it's never really bad when we can't earn more in our main job.
Even for nine years of knowing Bitcoin to this day I still work at a sugarcane milling company. There are some classic reasons for this problem. My background in life in the village is to work leaving in the morning and coming home in the afternoon. It has become like a habit, people who are considered at home only and have wealth will be suspected of working badly. Although they don't know what I'm doing, I always try to respect their every opinion. I respect what they think. But from crypto of course I find it very helpful regarding financial issues. So far, I've enjoyed both.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Findingnemo on January 07, 2022, 08:18:21 PM
~snip~

We can leave our main job if we believe that whatever field we are in crypto is enough to keep us financially secure, it's never really bad when we can't earn more in our main job.
Even for nine years of knowing Bitcoin to this day I still work at a sugarcane milling company. There are some classic reasons for this problem. My background in life in the village is to work leaving in the morning and coming home in the afternoon. It has become like a habit, people who are considered at home only and have wealth will be suspected of working badly. Although they don't know what I'm doing, I always try to respect their every opinion. I respect what they think. But from crypto of course I find it very helpful regarding financial issues. So far, I've enjoyed both.
If you're doing it for your own job satisfaction then its good but don't let yourself be in your comfort zone because people will talk about about you, they will shut once you made huge money and they will become your fans that's what I had experienced in my life till now so do whatever you want which is legal and help you to grow financially.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Maestro75 on January 07, 2022, 09:26:36 PM

Am sure everyone wants an easy life, providing food and money for the family by the job we do. It is hard already for those who have jobs to keep them afloat through salaries and wages they earn. Now think of what the situation will be with those who do not have a regular paid jobs at hand. I will not advise anyone to quit their job and go into trading cryptos which is often a complicated industry. If you have a secured paying job, keep it and never risk quitting it for cryptos.


Title: Re: Don't ever quit your job to trade crypto.
Post by: mirakal on January 07, 2022, 09:40:55 PM

Am sure everyone wants an easy life, providing food and money for the family by the job we do. It is hard already for those who have jobs to keep them afloat through salaries and wages they earn. Now think of what the situation will be with those who do not have a regular paid jobs at hand. I will not advise anyone to quit their job and go into trading cryptos which is often a complicated industry. If you have a secured paying job, keep it and never risk quitting it for cryptos.

If you just want to feed your family, keep the job. Trading is a risky venture, you don't only use your effort to work but you also need to invest money, so this is not for everyone as the majority of us are not risk-takers, we like job security. However, if someone desires financial freedom and willing to risk their money in trading, then this is the answer as you can train yourself, improve and you'll eventually become successful in the long run.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Pamadar on January 08, 2022, 08:12:36 AM

Am sure everyone wants an easy life, providing food and money for the family by the job we do. It is hard already for those who have jobs to keep them afloat through salaries and wages they earn. Now think of what the situation will be with those who do not have a regular paid jobs at hand. I will not advise anyone to quit their job and go into trading cryptos which is often a complicated industry. If you have a secured paying job, keep it and never risk quitting it for cryptos.

If you just want to feed your family, keep the job. Trading is a risky venture, you don't only use your effort to work but you also need to invest money, so this is not for everyone as the majority of us are not risk-takers, we like job security. However, if someone desires financial freedom and willing to risk their money in trading, then this is the answer as you can train yourself, improve and you'll eventually become successful in the long run.

There's a proper way if you are really keen to succeed, not for everyone but for those who really aiming for financial freedom

trading is one of those many ways to attain that desire, if you manage to create a good system to path your way
Success is there awaiting you.

Self explanation for each individual who wanted to take their journey, either full time or part-timers, it's the benefits that matter.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Awwal08 on January 13, 2022, 05:55:52 AM
Do not quit job for trading. Trading should be your alternative way of making money, if you have any physical business then hold it very well because trading is not physical and anything can happen at any moment, so do not leave the job you have in your hand because of trading.

Note : don't depend on trading, use the profit you make from trading to a physical business which you can be seeing and handle please.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Shamm on January 13, 2022, 06:23:56 AM
If you're doing it for your job satisfaction then its good but don't let yourself be in your comfort zone because people will talk about you, they will shut once you made huge money and they will become your fans that's what I had experienced in my life till now so do whatever you want which is legal and help you to grow financially.

 You are right there mate if you are in starting stage of trading people without any knowledge will always be there to say bad to you. I heard some testimony about his trading experience in crypto here in my country he said to me that when he was on the stage of starting in trading people surround him without any knowledge about crypto always think that he was crazy no work from any companies only focus on trading but the time will come and he was a successful trader then people will shock all the rumors had gone and those people who thought him crazy/bad then now they are pushing themselves to be a friend of a man who successful in trading.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Findingnemo on January 14, 2022, 04:53:57 AM
If you're doing it for your job satisfaction then its good but don't let yourself be in your comfort zone because people will talk about you, they will shut once you made huge money and they will become your fans that's what I had experienced in my life till now so do whatever you want which is legal and help you to grow financially.

 You are right there mate if you are in starting stage of trading people without any knowledge will always be there to say bad to you. I heard some testimony about his trading experience in crypto here in my country he said to me that when he was on the stage of starting in trading people surround him without any knowledge about crypto always think that he was crazy no work from any companies only focus on trading but the time will come and he was a successful trader then people will shock all the rumors had gone and those people who thought him crazy/bad then now they are pushing themselves to be a friend of a man who successful in trading.
People who are incapable of doing something will be jealous about what we are doing and they will keep watching us for something bad to happen then they can start telling that I told you but you didn't listen which may discourage us but never ever give any shit about those, distraction because hardwork never fails, it may take time but we will reach the destination at some point.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Oshosondy on January 14, 2022, 07:34:23 AM
People who are incapable of doing something will be jealous about what we are doing and they will keep watching us for something bad to happen then they can start telling that I told you but you didn't listen which may discourage us but never ever give any shit about those, distraction because hardwork never fails, it may take time but we will reach the destination at some point.
But did you know hardwork can fail if someone is not wise, I understand this is motivational but hardwork have to be considered with productivity.

Some people can quit their job to trade crypto. Let me make an example, if someone has a job and begin to trade crypto, if the job he is not making money in his job compare to trading, he will later want to quit and he can quit. Someone can not just decide to quit his job if he is making money from elsewhere very well. Some people are just not happy with their job because they earn little.

This does not mean trading is not risky, before I can quit my job for trading, that means I have made money in trading and established myself a job that is bringing good amount of money in a way I will not depend on trading. It is bad to depend on trading, it will create poor mind set.


Title: Re: Don't ever quit your job to trade crypto.
Post by: passwordnow on January 14, 2022, 12:28:42 PM
Do not quit job for trading. Trading should be your alternative way of making money, if you have any physical business then hold it very well because trading is not physical and anything can happen at any moment, so do not leave the job you have in your hand because of trading.

Note : don't depend on trading, use the profit you make from trading to a physical business which you can be seeing and handle please.
There's no issue about physical or virtual hustle. Trading is good as it is just like any other physical business or job that you do. I just don't understand why there has to be the point of stressing out about trading isn't a physical thing because, in all aspects and understanding, trading, in general, can also be physical.
You do trade things personal as a business like trading off cars, flipping off houses, you see the point about what you're stressing about physicality of trading.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Coin_trader on January 14, 2022, 12:42:07 PM
Do not quit job for trading. Trading should be your alternative way of making money, if you have any physical business then hold it very well because trading is not physical and anything can happen at any moment, so do not leave the job you have in your hand because of trading.

Note : don't depend on trading, use the profit you make from trading to a physical business which you can be seeing and handle please.
There's no issue about physical or virtual hustle. Trading is good as it is just like any other physical business or job that you do. I just don't understand why there has to be the point of stressing out about trading isn't a physical thing because, in all aspects and understanding, trading, in general, can also be physical.
You do trade things personal as a business like trading off cars, flipping off houses, you see the point about what you're stressing about physicality of trading.

Agree with you mate. The OP is very scared on losing the job or business since its a source of sure income for daily needs while trading can't guarantee that you will have profit on your daily. I believe this is the reason why he classified trading a only virtual activity compared to business. Trading is unorthodox way as source of income since you can win big on short period of time or the opposite result.

He has point for not leaving business and job in exchange for trading but this is different if you took trading professionally and earning big by doing it. His suggestion is for newbie who wants to all in to trading.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Luzin on January 14, 2022, 01:18:55 PM

Am sure everyone wants an easy life, providing food and money for the family by the job we do. It is hard already for those who have jobs to keep them afloat through salaries and wages they earn. Now think of what the situation will be with those who do not have a regular paid jobs at hand.

Yes, this is a problem that arises in our next generation today. Good life, luxurious lifestyle, and waste money. Sometimes I'm very sad when I see people waste money, I have more respect if they put their money aside to help people who can't afford it. In addition, this problem also makes people think short. They are fooled by the promise of investment including trading. I agree that trading is a great opportunity to earn money.
But I agree your advice, even to date  i work  and reguler job and work in crypto.


Title: Re: Don't ever quit your job to trade crypto.
Post by: ShowOff on January 14, 2022, 07:09:28 PM
Even for nine years of knowing Bitcoin to this day I still work at a sugarcane milling company. There are some classic reasons for this problem. My background in life in the village is to work leaving in the morning and coming home in the afternoon. It has become like a habit, people who are considered at home only and have wealth will be suspected of working badly. Although they don't know what I'm doing, I always try to respect their every opinion. I respect what they think. But from crypto of course I find it very helpful regarding financial issues. So far, I've enjoyed both.
AakZaki, sorry I'm late in replying to you. But I'm respect by the way you are here and how you value your real work.

But I'm talking about a friend who felt oppressed by a real job where she couldn't do better with the workload and huge responsibilities of a business owner. His job does not earn him a commensurate income, that would be the basic context of why he prefers to focus on his own business in crypto. But I can also tell you that I still quite value my actual work off the forum because I think it's a routine I have to do even though in some circumstances it could be called a formality.


Title: Re: Don't ever quit your job to trade crypto.
Post by: dataispower on January 14, 2022, 10:12:02 PM

Am sure everyone wants an easy life, providing food and money for the family by the job we do. It is hard already for those who have jobs to keep them afloat through salaries and wages they earn. Now think of what the situation will be with those who do not have a regular paid jobs at hand.

Yes, this is a problem that arises in our next generation today. Good life, luxurious lifestyle, and waste money. Sometimes I'm very sad when I see people waste money, I have more respect if they put their money aside to help people who can't afford it. In addition, this problem also makes people think short. They are fooled by the promise of investment including trading. I agree that trading is a great opportunity to earn money.
But I agree your advice, even to date  i work  and reguler job and work in crypto.
Mate don't be sad when you see some people wasting their money some things you can regards as reasonable, because for some one to spend careless that means that the person have different branches that brings money in full, because many people who spent above their income have good investment and different source of making money, no body can spend money with plan of getting fresh one by tomorrow and next tommorow


Title: Re: Don't ever quit your job to trade crypto.
Post by: dataispower on January 14, 2022, 10:18:58 PM
Do not quit job for trading. Trading should be your alternative way of making money, if you have any physical business then hold it very well because trading is not physical and anything can happen at any moment, so do not leave the job you have in your hand because of trading.

Note : don't depend on trading, use the profit you make from trading to a physical business which you can be seeing and handle please.
There's no issue about physical or virtual hustle. Trading is good as it is just like any other physical business or job that you do. I just don't understand why there has to be the point of stressing out about trading isn't a physical thing because, in all aspects and understanding, trading, in general, can also be physical.
You do trade things personal as a business like trading off cars, flipping off houses, you see the point about what you're stressing about physicality of trading.
Before any business you are doing will develop to standard, you have to put hope and trust on the business, you can be working and also trading, but that will not make you a perfect trader because your focus is in two sides, but for the morals of the business to come in full and also look competitive you most be concentrated due to one and two things involves, condemning quiting from work or job and go into trading is not bad but have advantages


Title: Re: Don't ever quit your job to trade crypto.
Post by: melissacarter on January 31, 2022, 05:17:20 AM
Personally, I wouldn’t leave my job to trade in crypto, especially if I am new to the market. Borrowing money to trade in cryptocurrencies is also not a wise move. The market can’t be trusted. You could be in debt. Whether you trade in crypto or any other market, have a steady source of income to support you and invest. Otherwise, it can take a bad toll on your health and financial state.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Marykeller on February 01, 2022, 12:58:29 PM
I have read some write-ups about two brothers leaving their present job to full-time crypto merchants. Reading from how they began, they used the money fetched from their paying jobs to invest gradually in altcoins. Before the end year ends they have earned their 3years salaries in short intervals. From that huge breakthrough, they decide to quit their job and dive deeply into crypto trading. Up to date, they are not regretting their decision of leaving their present job for crypto trading.

If crypto trading can pay my bills, what's the essence of working for someone else than being my own boss?


Title: Re: Don't ever quit your job to trade crypto.
Post by: dbc23 on February 01, 2022, 07:50:15 PM
It all depends on the nature of job and the extent of freedom the job offers. If the job is way too demanding and the pay is not worth the time then it's best to quit and focus not just on trading but other aspects of crypto currency investment. Crypto has wide range of opportunity. My point here is if the job in question can't give it's workers time to visit the market or explore other opportunities around then it's rather not worth keeping


Title: Re: Don't ever quit your job to trade crypto.
Post by: passwordnow on February 01, 2022, 10:26:46 PM
Personally, I wouldn’t leave my job to trade in crypto, especially if I am new to the market.
It's not really advisable for someone who's new to the market to leave their jobs. Why leave your job if you can do both of it at the same time? The market is open 24/7 and you can always learn and do it after your job.

Borrowing money to trade in cryptocurrencies is also not a wise move. The market can’t be trusted. You could be in debt. Whether you trade in crypto or any other market, have a steady source of income to support you and invest. Otherwise, it can take a bad toll on your health and financial state.
This is a big NO choice. You don't borrow money to put it at risk, you're just getting more risk of what you do. The risk of paying only the interest and not the whole principal amount if you dwell in losses.


Title: Re: Don't ever quit your job to trade crypto.
Post by: lalabotax on February 02, 2022, 05:04:04 AM
It sounds very funny for someone to quit a job for Trading,  because the profits of a trade can not be predicted, allowance from a job is always certain.
It depends on the capacity of the trader. If he is an experienced trader and has enough knowledge to gain profits regularly, quit from his job is not a too bad idea. But it is not recommended to do, only if you are very confident about your future with your trading and other jobs in crypto. There are too many crypto jobs, I cannot claim they have no certain future but too risky if rely on online jobs. Even if I have worked a long time as a crypto trader, I am not confident to rely on this job only.


Title: Re: Don't ever quit your job to trade crypto.
Post by: TelolettOm on February 02, 2022, 11:27:55 PM
I see a lot of newbies ask whether they should quit their jobs to trade crypto, and my honest advice is you should not try it.
If you are a newbie, never think about quitting a job to turn into the crypto world fuly. Because when we know nothing and we are only desired of certain income from crypto, we may lose someday and we may also lose our hope here.

But, if you are here for a longer time, involved in some profitable activities such as getting payment from a certain campaign, active in trading even it is short term, and other crypto activities in which they have been working for years or several months, you can decide it. By considering the risks that you may take someday.
I also get this idea, I don't have any real job and I focus only on the crypto world. ANd the result is enough so far, moreover during this pandemic that is still happening in my country.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Synerggy on February 03, 2022, 04:48:48 PM
Crypto is the biggest risk I've taken so far that did pay me well for all the time wasted, I think the risk is worth it unless your job payout is way better, where I'm from the dollar is a lifesaver honestly so even if my earning per day is 10$ its already a big earn in my country currency.


Title: Re: Don't ever quit your job to trade crypto.
Post by: ReiMomo on February 05, 2022, 08:30:38 PM
Many tend to leave their jobs after gaining a certain amount of profits from their experience in their earlier stage. At times, a sudden spike might have supported them earn much profits and they do blindly believe in crypto market and leave their job. Its not advised yes. Market will never be stable so we can not depend on its regular income to balance the needs and commitments. Just focus on your prior job and keep crypto as a side income. When you leave your job and depend on crypto trading, you will tend to loose more money expecting a regular turnout.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Rockstarguy on February 09, 2022, 09:26:10 AM
Even the most profitable traders don't quit their job for trading,  they still hold on to their job. If a trader feels like quiting his job for trading  that trader should be well established  by having other business as income before taking such decision. Depending on only trading for living can be risky, you really can't tell what can happen along the lines.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Luzin on February 09, 2022, 01:06:05 PM
Even the most profitable traders don't quit their job for trading,  they still hold on to their job. If a trader feels like quiting his job for trading  that trader should be well established  by having other business as income before taking such decision. Depending on only trading for living can be risky, you really can't tell what can happen along the lines.

I don't know how regulation will be made, but it looks like cryptocurency has a pretty good future. For now maybe if you have a kingdom that you have been working on then continue. Nowadays crypto is a side job that may be able to increase your amount of wealth. But in my area it can't be the main one. In addition, the social situation of my area has a very high sense because I am live in the village. It's quite strange if I'm just at home and have a lot of money and fancy buildings. 


Title: Re: Don't ever quit your job to trade crypto.
Post by: passwordnow on February 09, 2022, 03:11:52 PM
Even the most profitable traders don't quit their job for trading,  they still hold on to their job. If a trader feels like quiting his job for trading  that trader should be well established  by having other business as income before taking such decision. Depending on only trading for living can be risky, you really can't tell what can happen along the lines.
There could also be those people that even they're not yet established and experts in trading, they're just leaning onto their own instinct and thinks that they can survive the hardship of being a full time trader. The treatment of crypto trading for them is it's like a business that they should work on. That's why the risk that they take is more than the usual if they're only relying their income and living expenses into trading. Because we know that it's not everyday profit.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Pamadar on February 09, 2022, 03:39:05 PM
Even the most profitable traders don't quit their job for trading,  they still hold on to their job.

They Know how to balance and make a good use of trading as a side job or additional profits.

If a trader feels like quiting his job for trading  that trader should be well established  by having other business as income before taking such decision.

True,before you decide quitting your job make sure that you already have a long term plan, that include good amount of fund
to take a long shot without worrying about your finances.

Depending on only trading for living can be risky, you really can't tell what can happen along the lines.

That's the very use of planning before doing or deciding to anything.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Edith1994 on February 21, 2022, 11:11:24 PM
Never quick your job for trading, you can as well do your job and also trade. It better not to keep your head in one basket, you can be earning from both side which is a good step.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Gosgosking on April 11, 2022, 10:37:47 PM
It's senseless to quit job for trading when the job is the only source of income.  If the job is been quit how is money for trading will come about?
No reasonable person will quit  job for trading , the market is not your property which you can decide how it will be, one can't even predict what is going to take place.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Markinzo on April 12, 2022, 10:25:36 AM
It's quite unscrupulous that one should think of quiting his job just because he has invested in cryptocurrency. Cause the risk is enormous compares to the security of a real job at hand.

Anyone with such idea should quickly have a rethink or you probably might end up losing on both side. Or perhaps your health inclusive, as depression may follow from the thought of total loss.



Title: Re: Don't ever quit your job to trade crypto.
Post by: Vaculin on April 12, 2022, 09:32:17 PM

Am sure everyone wants an easy life, providing food and money for the family by the job we do. It is hard already for those who have jobs to keep them afloat through salaries and wages they earn. Now think of what the situation will be with those who do not have a regular paid jobs at hand. I will not advise anyone to quit their job and go into trading cryptos which is often a complicated industry. If you have a secured paying job, keep it and never risk quitting it for cryptos.

If you just want to feed your family, keep the job. Trading is a risky venture, you don't only use your effort to work but you also need to invest money, so this is not for everyone as the majority of us are not risk-takers, we like job security. However, if someone desires financial freedom and willing to risk their money in trading, then this is the answer as you can train yourself, improve and you'll eventually become successful in the long run.
Trading will never give you a fixed income on a regular basis, so you should not risk quitting your stable job just to focus on trading. Especially if you have a family to feed, trading will never guarantee profits and it may leave your family into hunger. However, trading can give you consistent profits if you are skilled in trading, but even how good you are, you are still susceptible to losses. This is why trading is very risky, so i won't suggest making it as your main source of income as there are no assurance if you will win or lose your trades every time you trade due to market's changing condition.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Issa56 on April 12, 2022, 09:49:42 PM
Have seen lot's of people complaining about the job they do that is really stressful and the money they get from crypto trading is far more than the salary they collect from the job, so must of them are planning to quite their job because they are making much money in trading and is less stressful. I will never advise anybody to quite job because of trading, trading can fail you at any moment so is better you have a backup plan, which is better you get a job or you have your own personal business.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Ahli38 on April 14, 2022, 01:18:33 AM

Am sure everyone wants an easy life, providing food and money for the family by the job we do. It is hard already for those who have jobs to keep them afloat through salaries and wages they earn. Now think of what the situation will be with those who do not have a regular paid jobs at hand. I will not advise anyone to quit their job and go into trading cryptos which is often a complicated industry. If you have a secured paying job, keep it and never risk quitting it for cryptos.

If you just want to feed your family, keep the job. Trading is a risky venture, you don't only use your effort to work but you also need to invest money, so this is not for everyone as the majority of us are not risk-takers, we like job security. However, if someone desires financial freedom and willing to risk their money in trading, then this is the answer as you can train yourself, improve and you'll eventually become successful in the long run.
Trading will never give you a fixed income on a regular basis, so you should not risk quitting your stable job just to focus on trading. Especially if you have a family to feed, trading will never guarantee profits and it may leave your family into hunger. However, trading can give you consistent profits if you are skilled in trading, but even how good you are, you are still susceptible to losses. This is why trading is very risky, so i won't suggest making it as your main source of income as there are no assurance if you will win or lose your trades every time you trade due to market's changing condition.
I totally agree with his suggestion. because crypto trading is far from stable. because the price is fluctuating. so a backup plan is necessary when experiencing losses in the crypto market. namely by continuing to work outside of crypto trading. because I prefer crypro trading as a side job. even if you earn more from crypto than your job. but believe me in crypto will not profit forever. there is a time for you to lose. and that's where we'll be really grateful not to quit our jobs.


Title: Re: Don't ever quit your job to trade crypto.
Post by: ice18 on April 14, 2022, 06:35:21 AM
Even the most profitable traders don't quit their job for trading,  they still hold on to their job. If a trader feels like quiting his job for trading  that trader should be well established  by having other business as income before taking such decision. Depending on only trading for living can be risky, you really can't tell what can happen along the lines.
Really? Most profitable trader and still want to have a job? For me if Im in this position where most of my trades are profitable then I will surely quit my day job, start a business and become a full trader actually you dont need a job anymore if you are the most profitable trader. In trading you can earn in a month 10x what you can earn in a year from your day job but in order to make this as you said you need to be profitable enough from your trades. You will only need a job if your trading skills is like 2/10 meaning you only have 2 wins in every 10 trades which is not profitable.  


Title: Re: Don't ever quit your job to trade crypto.
Post by: TreyARC on April 14, 2022, 06:47:59 AM
I quit my job because the payment isn't worth the hassle, also my country's currency is less valuable than USD so getting paid in USD makes more sense when exchanging for Fiat, I'm all into crypto now and I already have a mining farm too, I prefer a life where I can be my own boss and have my freedom.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Rockstarguy on April 14, 2022, 07:02:20 AM
Even the most profitable traders don't quit their job for trading,  they still hold on to their job. If a trader feels like quiting his job for trading  that trader should be well established  by having other business as income before taking such decision. Depending on only trading for living can be risky, you really can't tell what can happen along the lines.
Really? Most profitable trader and still want to have a job? For me if Im in this position where most of my trades are profitable then I will surely quit my day job, start a business and become a full trader actually you dont need a job anymore if you are the most profitable trader. In trading you can earn in a month 10x what you can earn in a year from your day job but in order to make this as you said you need to be profitable enough from your trades. You will only need a job if your trading skills is like 2/10 meaning you only have 2 wins in every 10 trades which is not profitable.  

If most of your trades are profitable and you decides to quit your job and start a business it is a good plan ,atleast you have a good source of income which you are sure you can always get money from,  you won't wont to depend on your cryptocurrency to much , even if their is loss you won't feel it that much because you already have a source of income. But when you only depend on cryptocurrency maybe you loss some money it can be terrible because that's the only source which money comes in.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Bhig Daddy on April 21, 2022, 05:10:28 PM
I wouldn't advice any newbie or anyone at all to leave there job for trading. Trading is very risky and it could all crash within a blink of an eye, so it always good to have insurance, something like a pole of risk, like something you can run back to when your trading start falling. So never quit your job for trading, besides it always good to have multiple source of income.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Munir575 on April 22, 2022, 03:19:25 PM
I quit my job because the payment isn't worth the hassle, also my country's currency is less valuable than USD so getting paid in USD makes more sense when exchanging for Fiat, I'm all into crypto now and I already have a mining farm too, I prefer a life where I can be my own boss and have my freedom.
You're very lucky it turned out good for you and you should be happy about that because not everyone can say thesame. I know you're established already but having a stable job that pays even if its not much is always better. It always feels different knowing you are expecting payment at the end of the week or at the end of the month.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Kalchef on April 22, 2022, 05:42:14 PM
I have already quit my job for crypto, in my country we have jobs that pay too less for your hard work every month, I am talking about salary earners, be expecting 50$ per month and mehn, crypto has given more than this in a week, its worth quitting your job if payment or salary is too low.


Title: Re: Don't ever quit your job to trade crypto.
Post by: ShowOff on April 22, 2022, 05:49:31 PM
I have already quit my job for crypto, in my country we have jobs that pay too less for your hard work every month, I am talking about salary earners, be expecting 50$ per month and mehn, crypto has given more than this in a week, its worth quitting your job if payment or salary is too low.
I don't think a decision like this is suitable for everyone even when you manage to earn 5x more in crypto than you would in your main job. Obviously there are a few things you can consider unless you are prepared for all the risks ahead.

I have a primary job that pays less than the current signature campaign revenue, but I need to know that it's not forever that I can expect this campaign to pay me weekly and monthly because there's an end.

But if you believe and have decided to leave the main job for trading that produces better results, then that is the final decision with all the consequences. I wouldn't quit my main job even if I didn't earn a bigger salary than any type of crypto job I currently have.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Woodie on April 22, 2022, 06:00:53 PM
I see a lot of newbies ask whether they should quit their jobs to trade crypto, and my honest advice is you should not try it.

But truth be told what works for someone might not work for you or everyone and vice versa. My advice, if trading crypto turns out to be paying you more money than your current job... I think the math here is simple, scale up with your crypto trading and push your self to the next level but before quiting one needs to weigh the benefits that will arise from leaving one job to the other, once all this is put into consideration then a decision can be drawn, Good luck.


Title: Re: Don't ever quit your job to trade crypto.
Post by: isaac_clarke22 on April 22, 2022, 07:01:46 PM
~
I can't imagine some just doing it like that. Making crypto as your primary source of income is not the great way to go. It is going to be horrible in the long-run even if you are earning in the first few days.
If people would really want to be in crypto industry as their primary source of income, freelancing is a great way, but not just mainly trading and SCs. SCs are unreliable source of income, it should be just in the side ones.


Title: Re: Don't ever quit your job to trade crypto.
Post by: BITCOIN4X on April 22, 2022, 07:14:13 PM
I can't imagine some just doing it like that. Making crypto as your primary source of income is not the great way to go. It is going to be horrible in the long-run even if you are earning in the first few days.
If people would really want to be in crypto industry as their primary source of income, freelancing is a great way, but not just mainly trading and SCs. SCs are unreliable source of income, it should be just in the side ones.
It makes sense if we quit our main job to get other more commensurate income including trading compared to the results of our main job. I ruled out signature campaigning as a job because it's a side job, but specifically for trading, we can actually make it a better job compared to $50-$100 for your main job monthly salary.

Of course there is a risk that we must bear in the long term but you can still start a new business from the results you get from trading such as opening a new business that you are interested in. But I believe there is always a way to survive the main job in the real world especially since we can trade not 24 hours a day.


Title: Re: Don't ever quit your job to trade crypto.
Post by: sunsilk on April 22, 2022, 09:35:06 PM
I have already quit my job for crypto, in my country we have jobs that pay too less for your hard work every month, I am talking about salary earners, be expecting 50$ per month and mehn, crypto has given more than this in a week, its worth quitting your job if payment or salary is too low.
That's totally a low salary on a monthly basis.

If that's the job that you have to sacrifice and you're earning more with cryptocurrencies whichever is the method you've been doing then it's worth it trades for you.

Anyway, still there's a point that before you quit and go full time in crypto, make sure that you're quite stable on your newly found venture.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Slimzeee on April 23, 2022, 02:46:11 AM
I see a lot of newbies ask whether they should quit their jobs to trade crypto, and my honest advice is you should not try it.

The thing with any investment or business is that, no matter the amount of money you have, it is always good to start small and grow over time (don't test water depth with both feets). Because you are entering a new market and you need time to understand the market. Your job will stand as an insurance for you, in case of any loss. So keep your job, continue investing in crypto and growing your portfolio until the money you make from crypto is more than enough to pay for your lifestyle and also save. Then only can you quit your job.


Generally I feel if one has to go far in trading. He/She has to give it an undivided attention. That way things and principles can be grasped easily and comfortably.
Having a job and trading at same time is way stressful and most likely lead to errors  because the job itself requires undivided attention to be the best at it.. Two masters can’t be served at same time. But it will be better if one starts small, keeps trading working while taking time to , understand the principles and you’ve advised, Then quit, and focus solely on trading..


Title: Re: Don't ever quit your job to trade crypto.
Post by: Ahli38 on April 23, 2022, 04:08:32 AM
Crypto is the biggest risk I've taken so far that did pay me well for all the time wasted, I think the risk is worth it unless your job payout is way better, where I'm from the dollar is a lifesaver honestly so even if my earning per day is 10$ its already a big earn in my country currency.
yeah right. if the salary from daily work exceeds the income from crypto then don't leave the job. but if the work done gives a low salary. there is nothing wrong with choosing to jump into crypto as long as we really understand and master the crypto trade itself. because if you don't know or master krypto itself, it's better to keep your job even though the salary is small.

same as in my country. $10 dollars per day is enough to meet daily needs.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Luzin on April 23, 2022, 02:55:33 PM

It makes sense if we quit our main job to get other more commensurate income including trading compared to the results of our main job. I ruled out signature campaigning as a job because it's a side job, but specifically for trading, we can actually make it a better job compared to $50-$100 for your main job monthly salary.


Yes I think having more expertise it would be better to meet our needs. Focusing on just one job sometimes makes us feel that we are not enough. Even today I am also like you, I still have a main job even though my trading income can exceed that. But I don't want to give up my main job happy with my side being a crypto trader. Of course this will support my financial situation. Maybe not only me you too.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Nerdy doctor on April 24, 2022, 10:41:55 AM
It would be very foolish for an individual to quit a steady paying job and delve fully into crypto trading. In my opinion, btc and crypto trading in general should be an alternative source of income cause your investments in crypto trading could result in a loss. The steady paying job could also be lost in a second hence the urgent need to diversify in all that we do. Diversification cannot be overemphasized in the world we live in today


Title: Re: Don't ever quit your job to trade crypto.
Post by: Issa56 on April 24, 2022, 04:32:25 PM
I have already quit my job for crypto, in my country we have jobs that pay too less for your hard work every month, I am talking about salary earners, be expecting 50$ per month and mehn, crypto has given more than this in a week, its worth quitting your job if payment or salary is too low.

The money is really too low, but I don't know the part of the world which you are from, some places their standard of leaving is low and $50 can go a little way. I don't know the kind of job you are doing, I don't know maybe the job those not allow you to have time for crypto currency trading, I know the payment is really sure but the payment is sure, in Cryptocurrency trading time might come which things might not be going well and you won't really be making money, but your job payment is sure everymonth.
If am you, I won't quit the job the only thing I will be doing is that I will make sure I create time for cryptocurrency.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Ziskinberg on April 24, 2022, 11:09:18 PM
I see a lot of newbies ask whether they should quit their jobs to trade crypto, and my honest advice is you should not try it.

The thing with any investment or business is that, no matter the amount of money you have, it is always good to start small and grow over time (don't test water depth with both feets). Because you are entering a new market and you need time to understand the market. Your job will stand as an insurance for you, in case of any loss. So keep your job, continue investing in crypto and growing your portfolio until the money you make from crypto is more than enough to pay for your lifestyle and also save. Then only can you quit your job.
Everything in crypto is only temporary, so always keep your stable job because that is already a sure means for you to survive. However, for all newbies who are seeing crypto as a get rich quick scheme, then you are believing in a big lie. Everything in crypto needs effort and hardwork, if you are not prepared for that, then better do not enter in crypto. And another honest advice, you will only grow in crypto if you have another good source of income to rely, not on crypto alone.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Masplanc on April 25, 2022, 09:36:32 PM
It would be very foolish for an individual to quit a steady paying job and delve fully into crypto trading. In my opinion, btc and crypto trading in general should be an alternative source of income cause your investments in crypto trading could result in a loss. The steady paying job could also be lost in a second hence the urgent need to diversify in all that we do. Diversification cannot be overemphasized in the world we live in today

Some people may take decisions of quiting due to some issues that can of much stress, and if the job is not worth the stress or of the job is not giving them what they want like what they get from trading,  it is possible for them to quit the job. Quiting a job for trading depend on how the looks like.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Kasabus on April 25, 2022, 11:38:30 PM
I see a lot of newbies ask whether they should quit their jobs to trade crypto, and my honest advice is you should not try it.

The thing with any investment or business is that, no matter the amount of money you have, it is always good to start small and grow over time (don't test water depth with both feets). Because you are entering a new market and you need time to understand the market. Your job will stand as an insurance for you, in case of any loss. So keep your job, continue investing in crypto and growing your portfolio until the money you make from crypto is more than enough to pay for your lifestyle and also save. Then only can you quit your job.
If you can do your job and the same time trade crypto, that will bring more profits than what you expected. Than just relying on crypto alone, there are no fixed income, and the moment you failed your trades, everything will end up in a mess. So always be practical whenever you decide, its better to be safe than sorry at all.


Title: Re: Don't ever quit your job to trade crypto.
Post by: BITCOIN4X on April 26, 2022, 01:25:29 AM
If you can do your job and the same time trade crypto, that will bring more profits than what you expected. Than just relying on crypto alone, there are no fixed income, and the moment you failed your trades, everything will end up in a mess. So always be practical whenever you decide, its better to be safe than sorry at all.
Having two sources of income is something good for good financial support. Doing these two things simultaneously is a hope, but not everyone is able to do it if time is very limited.

To me, if the trading or investment income we make over the course of a year is equal to the total average income from other jobs we also did in 15 years, then I think we should be safe leaving that job to trade or invest. But again, as I said before, we must know what the worst consequences will be if we don't want something to happen in the future. But when we managed to maximize the chances, then we should be satisfied with the result.


Title: Re: Don't ever quit your job to trade crypto.
Post by: uchegod-21 on April 30, 2022, 11:40:11 PM
Crypto is the biggest risk I've taken so far that did pay me well for all the time wasted, I think the risk is worth it unless your job payout is way better, where I'm from the dollar is a lifesaver honestly so even if my earning per day is 10$ its already a big earn in my country currency.
yeah right. if the salary from daily work exceeds the income from crypto then don't leave the job. but if the work done gives a low salary. there is nothing wrong with choosing to jump into crypto as long as we really understand and master the crypto trade itself. because if you don't know or master krypto itself, it's better to keep your job even though the salary is small.

same as in my country. $10 dollars per day is enough to meet daily needs.
Crypto is risk taking investment and every investment is a risk. It is not good to quit your job for not only crypto but for every job. It is better to get job addition than to leave one job for a other one.
Crypto is a passive income which can give you time to do other jobs, so keep both jobs.
$10 can make small difference in my country but not for someone that has family and relatives that he carter for.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Bamjos on May 01, 2022, 03:06:17 PM
I don't know why, but to me, I've never seen investing in cryptocurrency as something that requires all your attention to the extent that you will have to quit your Job for it. And this is one of the advantage of investing into cryptocurrency: you mind your business (Job) while you dedicate some of your time for cryptocurrency. I know people who are into cryptocurrency and they have their Job still, and this people are doing well in cryptocurrency. Quitting your job for cryptocurrency is like applying for a new job and then going ahead to submit your resignation letter in your present job when you are yet to be employed for the new Job you applied for, judge for yourself, is there wisdom in this?


Title: Re: Don't ever quit your job to trade crypto.
Post by: Taskford on May 01, 2022, 09:54:11 PM
I don't know why, but to me, I've never seen investing in cryptocurrency as something that requires all your attention to the extent that you will have to quit your Job for it. And this is one of the advantage of investing into cryptocurrency: you mind your business (Job) while you dedicate some of your time for cryptocurrency. I know people who are into cryptocurrency and they have their Job still, and this people are doing well in cryptocurrency. Quitting your job for cryptocurrency is like applying for a new job and then going ahead to submit your resignation letter in your present job when you are yet to be employed for the new Job you applied for, judge for yourself, is there wisdom in this?

Quitting for crypto exist especially when you founf career here and you earn a lot of money compare to your odd job, but you need to take smart decision for this because if you see what you do on crypto is sustainable already and you need more time to find more opportunities to gain more then why not right? But if yoh just rely on trading only well theirs no logic there because you will just regret why you quit especially when you are in your bad day on trading.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Bhig Daddy on May 01, 2022, 09:59:10 PM
A lot of people have asked about this before, it quite okay that you brought this to our notice again even though there are much similar treads about this topic. I wouldn't really advice anyone to quit their jobs for crypto besides who will say No to multiple sources of income.


Title: Re: Don't ever quit your job to trade crypto.
Post by: CryptoHeadlineNews on May 02, 2022, 08:50:48 AM
I see a lot of newbies ask whether they should quit their jobs to trade crypto, and my honest advice is you should not try it.

The thing with any investment or business is that, no matter the amount of money you have, it is always good to start small and grow over time (don't test water depth with both feets). Because you are entering a new market and you need time to understand the market. Your job will stand as an insurance for you, in case of any loss. So keep your job, continue investing in crypto and growing your portfolio until the money you make from crypto is more than enough to pay for your lifestyle and also save. Then only can you quit your job.

This is actually the best advice to be given to anyone going into cryptocurrencies, be it either trading or investing. Never you quit your job because you dont know if that new atmosphere you are trying to embark on will be conducive or not, and moreover, it is only a foul that taste the depth of a river with both legs, which is the same thing as quitting your job within the few months of starting a crypto trading when you haven't made enough money to carter for both your needs and that of your love ones, because there is always room for plan B, and your job serves as the plan B, incase the unforeseen circumstance happens, because nobody knows tomorrow. Trading is a risk, which you may win or loss at times depending on your level of experience. So if you have a friend, brothe,r or sister who just start crypto trading and wants to quit his job not to.



Title: Re: Don't ever quit your job to trade crypto.
Post by: Masplanc on May 02, 2022, 10:45:35 PM
Crypto is the biggest risk I've taken so far that did pay me well for all the time wasted, I think the risk is worth it unless your job payout is way better, where I'm from the dollar is a lifesaver honestly so even if my earning per day is 10$ its already a big earn in my country currency.
yeah right. if the salary from daily work exceeds the income from crypto then don't leave the job. but if the work done gives a low salary. there is nothing wrong with choosing to jump into crypto as long as we really understand and master the crypto trade itself. because if you don't know or master krypto itself, it's better to keep your job even though the salary is small.

same as in my country. $10 dollars per day is enough to meet daily needs.
Crypto is risk taking investment and every investment is a risk. It is not good to quit your job for not only crypto but for every job. It is better to get job addition than to leave one job for a other one.
Crypto is a passive income which can give you time to do other jobs, so keep both jobs.
$10 can make small difference in my country but not for someone that has family and relatives that he carter for.
.many people who quit their job because of cryptocurrency don't have understanding about cryptocurrency,  they think trading or investing in quiting can give them all they want,  it is just to risky  to leave a job for crytocurrency,  crytocurrency market are not favourable always, not always profits comes in.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Freeveto on May 03, 2022, 05:31:58 AM
I see a lot of newbies ask whether they should quit their jobs to trade crypto, and my honest advice is you should not try it.


It is base on what that is good for you, there are people whom there Jobs are giving a lot of stress.
Too some people they do not have passion for the jobs they do and are into there jobs because they don't  have option at the moment,
 So Question
what if they invest into crypto and make a lot of money to go into another personal business better than their Job? Or
Have a way of making more money in crypto more than their Job?


In order view, putting eggs in one basket isn't good because depending one source of income is very risky,
Therefore in case you loose one you can hold onto the other one, so if someone is not making much out of crypto,
you should do your job and at the same time trade crypto depending on your time with your job.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Altryist on May 03, 2022, 06:54:16 PM
Everything in crypto is only temporary, so always keep your stable job because that is already a sure means for you to survive. However, for all newbies who are seeing crypto as a get rich quick scheme, then you are believing in a big lie. Everything in crypto needs effort and hardwork, if you are not prepared for that, then better do not enter in crypto. And another honest advice, you will only grow in crypto if you have another good source of income to rely, not on crypto alone.
The more sources of income, the more protected you will be. You should never quit your job, your main source of income, if you cannot earn an equivalent income from any other business. You don't have to quit your job to try your hand at trading. If you are sure that you are able to earn money by trading, then just take a vacation from work and try to devote a few weeks of this time to active trading. You will see how difficult it is and you will also be able to evaluate how well you are doing it.


Title: Re: Don't ever quit your job to trade crypto.
Post by: isaac_clarke22 on May 03, 2022, 07:05:19 PM
It makes sense if we quit our main job to get other more commensurate income including trading compared to the results of our main job. I ruled out signature campaigning as a job because it's a side job, but specifically for trading, we can actually make it a better job compared to $50-$100 for your main job monthly salary.

Of course there is a risk that we must bear in the long term but you can still start a new business from the results you get from trading such as opening a new business that you are interested in. But I believe there is always a way to survive the main job in the real world especially since we can trade not 24 hours a day.
I see your point there. People should not be tunnel-visioned on how much they are earning in something that is not going to last in the long-term. Establishing a business is also a risky, but if it takes off, it surely is going to be a rewarding and you might not even need to work more than 3 hours just to generate revenue once your business matures.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Ahli38 on May 04, 2022, 01:35:24 AM
Crypto is the biggest risk I've taken so far that did pay me well for all the time wasted, I think the risk is worth it unless your job payout is way better, where I'm from the dollar is a lifesaver honestly so even if my earning per day is 10$ its already a big earn in my country currency.
yeah right. if the salary from daily work exceeds the income from crypto then don't leave the job. but if the work done gives a low salary. there is nothing wrong with choosing to jump into crypto as long as we really understand and master the crypto trade itself. because if you don't know or master krypto itself, it's better to keep your job even though the salary is small.

same as in my country. $10 dollars per day is enough to meet daily needs.
Crypto is risk taking investment and every investment is a risk. It is not good to quit your job for not only crypto but for every job. It is better to get job addition than to leave one job for a other one.
Crypto is a passive income which can give you time to do other jobs, so keep both jobs.
$10 can make small difference in my country but not for someone that has family and relatives that he carter for.
.many people who quit their job because of cryptocurrency don't have understanding about cryptocurrency,  they think trading or investing in quiting can give them all they want,  it is just to risky  to leave a job for crytocurrency,  crytocurrency market are not favourable always, not always profits comes in.

It is true. and in fact that I saw recently there was even a friend of mine who was determined to quit his job in the real world just to jump into the crypto field. whereas I warned him to reconsider because crypto is not as beautiful as he imagined.
and in the end a few months ago he was a little frustrated with his crypto trading because indeed he had not mastered the market situation so he suffered losses. and finally he decided to work again in the real workplace. and now making crypto a sideline.

so the conclusion I draw from this incident is "the majority of people who choose to enter the crypto world by leaving their old jobs are usually people who do not understand the risks involved in crypto. So they think that making money from crypto is easy."

in fact, I myself have been trading in the crypto market for years and sometimes I still lose. not always profitable.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Ninsalsa0.org on May 04, 2022, 05:36:57 AM
it was my dream.
I deposited my money in any project and at that time I just had a dispensation fund because the company I worked for stopped operating. that's cold money, but still when the project is a scam or the price is too low and falls, it's not effective when used for reserve funds because shitcoin is so volatile and steep.
if trading means for fishing. Spreading benefits and profits, while working remains as a provision when thirst comes. I agree and it is very effective for daily fund backups.
indeed there are some people who may be reckless and only focus on selling tokens/crypto on a P2p basis and make it their main job. I've seen those who focus on social media on research, profit results and the success of funds in choosing projects.
Of course it takes a long time, money that is ready to be sacrificed and thoughts, energy that must be focused.
I realized I'd better learn from many people's experiences and enough backup for a buying and selling plan, saving in the future
cryptocurrencies are the future and the industry is even the financial instrument that many people need and this is the reality that we have the right to choose too


Title: Re: Don't ever quit your job to trade crypto.
Post by: Don Pedro Dinero on May 04, 2022, 06:11:54 AM
I see a lot of newbies ask whether they should quit their jobs to trade crypto, and my honest advice is you should not try it.

The thing with any investment or business is that, no matter the amount of money you have, it is always good to start small and grow over time (don't test water depth with both feets). Because you are entering a new market and you need time to understand the market. Your job will stand as an insurance for you, in case of any loss. So keep your job, continue investing in crypto and growing your portfolio until the money you make from crypto is more than enough to pay for your lifestyle and also save. Then only can you quit your job.

Categorical statements like the one you make are usually not true. I admit that it is so in most cases, but it is not the same case of someone who because he has obtained good results in trading in a few months, leaves his job to devote himself to them full time with the right money, than someone who has a large estate, positive results for years and does not need to get a very high percentage of return on their funds to live.



Title: Re: Don't ever quit your job to trade crypto.
Post by: electronicash on May 04, 2022, 06:16:49 AM
it was my dream.
I deposited my money in any project and at that time I just had a dispensation fund because the company I worked for stopped operating. that's cold money, but still when the project is a scam or the price is too low and falls, it's not effective when used for reserve funds because shitcoin is so volatile and steep.
if trading means for fishing. Spreading benefits and profits, while working remains as a provision when thirst comes. I agree and it is very effective for daily fund backups.
indeed there are some people who may be reckless and only focus on selling tokens/crypto on a P2p basis and make it their main job. I've seen those who focus on social media on research, profit results and the success of funds in choosing projects.
Of course it takes a long time, money that is ready to be sacrificed and thoughts, energy that must be focused.
I realized I'd better learn from many people's experiences and enough backup for a buying and selling plan, saving in the future
cryptocurrencies are the future and the industry is even the financial instrument that many people need and this is the reality that we have the right to choose too

yes. crypto is the future until you experience a bear market. the investors in 2021 are already seeing the cons when they saw the price didn't stop plunging down to $33K. they'd lose more if they got into options.

it's recommended to just take trading as a hobby while you still are learning. even the pro will find it hard to make money when the market swings in every direction every day. while you are trading in spot market, just continue with your day job, it helps covering the loss.  :D


Title: Re: Don't ever quit your job to trade crypto.
Post by: BD Crypto on May 04, 2022, 02:17:26 PM
You said newbies should not quite their jobs because of crypto trading but I say they should not start trading until they have much knowledge about trading. Newbies should try crypto trading with demo funds that will make him experienced.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Mate2237 on May 06, 2022, 08:48:43 PM
Quiting job because of crypto currency trading is caused by the lack of understanding about how the market works.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Davidvictorson on May 06, 2022, 09:16:37 PM
There was a point in my life when I seriously thought of quitting my job to go into crypto full time. There was also a time when I lost my job and crypto was all I did full time. Funny isn't it. The thing is, I think it all comes down to the individual, his or her level of experience in trading crypto, personal savings etc. I know some folks who have risked it all and gone into trading crypto full time after they quit their job and luckily enough they made it. In summary just count the cost before making any move.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Israelgogo on May 09, 2022, 08:06:09 AM
Knowing fully well that everyday isn't a rainy day ,There are days for surplus and there are days to lack ,in as much as Crypto makes you smile,Consider the days when it wont favour you,Having a constant paying job will save you during the cryto hard Time.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Bhig Daddy on May 09, 2022, 08:54:57 AM
This topic have already been spoken about before, but it a good thing you bring it back to our notice, i will never advice anyone to quit their jobs for crypto, at least your job should serve as a pole of risk for you. Beside who will say no to multiple sources of income.


Title: Re: Don't ever quit your job to trade crypto.
Post by: YinShuiSiYuan on May 09, 2022, 10:33:47 AM
This topic have already been spoken about before, but it a good thing you bring it back to our notice, i will never advice anyone to quit their jobs for crypto, at least your job should serve as a pole of risk for you. Beside who will say no to multiple sources of income.

Quititng Job is worst mistake one can do. There are bear seasons where your investment may struck for weeks and months, what you do during that season to feed your family? Not everyone is good in day trading, majority of day traders are in loss. To me crypto is best as part time job, keep your job to get constant stream of income while invest in crypto to get additional profit which you can invest somewhere.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Lida93 on May 09, 2022, 03:28:24 PM
Quiting ones job or source of income because of another source that rises is like cutting down away orange tree because you have  juice.

Why not keep the tree while you enjoy the juice together. Cause definitely the juice will finish but the orange tree will always replenish.

At the end many streams of income is all that matters together.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Gosgosking on May 09, 2022, 09:20:48 PM
There was a point in my life when I seriously thought of quitting my job to go into crypto full time. There was also a time when I lost my job and crypto was all I did full time. Funny isn't it. The thing is, I think it all comes down to the individual, his or her level of experience in trading crypto, personal savings etc. I know some folks who have risked it all and gone into trading crypto full time after they quit their job and luckily enough they made it. In summary just count the cost before making any move.

What matters is experience and how the person is that will make one of thinking to quit job. People differs and not everyone are the same , quiting the job for trading may not work for everybody but can also work for few persons who are expert in trading. It is possible for someone to get good profit from trading as allowance.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Shamm on May 11, 2022, 02:27:47 AM
Quiting ones job or source of income because of another source that rises is like cutting down away orange tree because you have  juice.

Why not keep the tree while you enjoy the juice together. Cause definitely the juice will finish but the orange tree will always replenish.

At the end many streams of income is all that matters together.
In short, crypto must be your sideline not a main source of income but some people leave their steady/ regular job to focus on crypto trading they don't care about regular jobs offer from their respective countries all they mind is that they can earn a lot because of trading without knowing that   trading is unpredictable not every day you will and gain profit. But all of these are base on decision of every single person cause when he/ she will leave or stay on his/her regular jobs.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Rockstarguy on May 11, 2022, 02:59:49 PM
It is very abnormal to quit job for trading, people may choose to take such decision but it is a wrong decision that will affect such person financially. It is possible for one to get reasonable amount of profit from cryptocurrency trading that should not give anyone the mindset that profit can come any day or anytime he/she wants it. Getting profit from trading is unpredictable, when one depends only trading such person will be so desperate for profit because that is the only source of income to survive.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Finestream on May 11, 2022, 05:59:31 PM
I see a lot of newbies ask whether they should quit their jobs to trade crypto, and my honest advice is you should not try it.

The thing with any investment or business is that, no matter the amount of money you have, it is always good to start small and grow over time (don't test water depth with both feets). Because you are entering a new market and you need time to understand the market. Your job will stand as an insurance for you, in case of any loss. So keep your job, continue investing in crypto and growing your portfolio until the money you make from crypto is more than enough to pay for your lifestyle and also save. Then only can you quit your job.
Trading is hard, and it will be a lot harder if you are still new to it. But even so, whether you're a legend or a newbie in trading, quitting your job to focus on trading is a very risky decision, so i won't suggest doing it. Instead, make trading as your side job, that way you will never put your life into future troubles. Its good to have a stable job that gives a fixed income and at the same time a side job that generates additional income. If you can do it, that will grow your finances in time.


Title: Re: Don't ever quit your job to trade crypto.
Post by: isaac_clarke22 on May 11, 2022, 08:50:08 PM
~
It's not the worst mistake depending on the case. If you're being mentally abused already in workplace, I am not sure why you would stay longer in your full-time job. Depending on the reasoning, it could be a really bad mistake or the best one you could ever do. Job hopping is not that bad if you already have a good amount of experience. Making a gap might be a questionable though.


Title: Re: Don't ever quit your job to trade crypto.
Post by: dataispower on May 13, 2022, 01:55:37 PM
You said newbies should not quite their jobs because of crypto trading but I say they should not start trading until they have much knowledge about trading. Newbies should try crypto trading with demo funds that will make him experienced.
Try to understand what it meant not to lose your job because of trading cryptocurrency. Even though you have experience. Op tried let us understand that trading for cryptocurrency should be use as side hustle. Not life hustle, because no body know what trading can result today and tomorrow if you lose or you make profit. And is not good lose sur bird for hand and start chasing the one you don't know the way about


Title: Re: Don't ever quit your job to trade crypto.
Post by: taufik123 on May 13, 2022, 06:56:53 PM
Trading is hard, and it will be a lot harder if you are still new to it. But even so, whether you're a legend or a newbie in trading, quitting your job to focus on trading is a very risky decision, so i won't suggest doing it. Instead, make trading as your side job, that way you will never put your life into future troubles. Its good to have a stable job that gives a fixed income and at the same time a side job that generates additional income. If you can do it, that will grow your finances in time.
At first I did what you described. Cryptocurrency work became a side job and a main job in the real world became my main source of income. But over time, I was laid off from my real job because the company went bankrupt. and currently only working in cryptocurrency as a trader and working on the bounty signature that I am currently following.
Crypto jobs are indeed very risky, but if we know what to do and how to earn money from crypto, it can be a source of income that exceeds real work. It depends on how we want to try or not.
If it's still possible to have both jobs that's even better.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Munir575 on May 14, 2022, 10:39:53 AM
When you already have a good paying job its not advisable to quit your job and go into crypto trading because a fish at hand they say is better than a thousand in the river. If you've always dream to be a trader its not bad chasing your dream you can always combine both jobs and gradually when you are stable enough you can now decide on which one to quit.


Title: Re: Don't ever quit your job to trade crypto.
Post by: firmino10 on May 17, 2022, 10:39:29 PM
its just like saying that because one make some investment, they cant go after what they love doing. if one wants to quit his/her job on the bases of not getting satisfaction, stress, poor working environment, low income and not meeting ones emotional, financial and mental needs that's a different thing entirely. or one wants to focus of cryptocurrency alone, which is risky but is ok if the person can handle it. cryptocurrency is an investment that can go along with other investment. so one don't have to quit the job they loving doing because of cryptocurrency. its all about time management. sighting an example of musk, Akon and others. they keep investing in other things and doing that which give them fulfilment.


Title: Re: Don't ever quit your job to trade crypto.
Post by: alik111 on August 16, 2022, 02:21:35 PM
Its a great advice from OP. Many new traders come in the market and think that they should invest his full time in crypto trading. But the truth is if you are a good technical analyst you don't need to quit job. So never take risk in this volatile market by quiting your permanent job.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Mkelgodson on August 16, 2022, 02:37:51 PM
This post, and advice per se is very timely. I contemplated quitting my employment some months back to delve into crypto and Forex generally, but no enough capital. So I decided to keep the employment untill I generated enough needed capital.

However, it's not a very good idea to quit work because of crypto trading. Having more than one source of income should be the goal.


Title: Re: Don't ever quit your job to trade crypto.
Post by: VRExpress on August 16, 2022, 05:07:01 PM
I have a dull brain  ;D I noticed this after spending so many time trying to figure out how trading works but I always end up losing money, it's like a bog no for me, to say the truth trading is more like a pure gambling so the safest option is spot trading, it's not worth quitting a job for.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Victorik on August 16, 2022, 07:02:06 PM
Trading cryptocurrency can be done as a side gig. Also it depends on the type of trader you wanna be. For me I do position trading, so o don't have to seat in from a computer or my phone all day reading charts.
So, it doesn't affect my job.



Title: Re: Don't ever quit your job to trade crypto.
Post by: |MINER| on August 16, 2022, 08:01:42 PM
~snip~
In this case I agree with you. One side of view Trading makes profitable business, and on the others hand it make  beggar. But recently many people are entering this profession through various trading courses.  But I will say here that if you don't have any profession at present but understand good analysis then you can take trading as profession.  On the other hand I would also request you not to leave your present profession for trading.  Trading is risky.  There is a word here no risk no gain.  But here I will say about quitting job for trading, invest as much as you can afford to lose.  If you can afford to leave your job to trade then do trading, on the other hand avoid trading by giving up your only source of income which you cannot afford.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Stalker22 on August 16, 2022, 08:45:47 PM
~
If you can afford to leave your job to trade then do trading, on the other hand avoid trading by giving up your only source of income which you cannot afford.

In a nutshell, if you have no backup on your present income and salary, it is highly risky to take trading as your profession. There are lots of competition in the market, who are having only one thing in their mind - that is to make money. If you are not a trader by profession, then it is highly likely that you will lose money. But if you choose this path, then you have to work hard and smartly in order to succeed. An investment of time and money will be required but if you are committed to it, there are many opportunities out there for you. You will have to study the market, learn how it works and what are its patterns. If you are not ready to spend hours reading books on trading, then do not even think of becoming a trader.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Laurendaldin on August 31, 2022, 07:38:09 PM
I think many people are afraid that they'll must to work more, study more, spend more time on active actions. So the first thing that a newbie starts to do is to look for an easy way. Most of them will realize at the end that quit their job is not the most reasonable idea and will forget about it, I think.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Stable090 on September 04, 2022, 09:50:36 PM
If you are good in trading and you know you can be trading and making profit then why do you have to stress yourself and be workings, most companies are just using their staffs and at the end they will just pay small money, but as a trader you can be making your cool money from the comfort of your house, but before you can rely on trading for survival you halve to be a professional first.


Title: Re: Don't ever quit your job to trade crypto.
Post by: GeorgeJohn on September 04, 2022, 10:35:43 PM
Its a great advice from OP. Many new traders come in the market and think that they should invest his full time in crypto trading. But the truth is if you are a good technical analyst you don't need to quit job. So never take risk in this volatile market by quiting your permanent job.
To be sincere Bitcoin or trading is a side personal business and interest, what i want you to understand is that bitcoin have its ways of doing things, because the way am seeing Bitcoin trading it involves risk and something that involve high risk doesn't deserve to quit job for. From my perspective standing job should be your backbone with your trading.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Mpamaegbu on September 05, 2022, 10:51:39 AM
You said newbies should not quite their jobs because of crypto trading but I say they should not start trading until they have much knowledge about trading. Newbies should try crypto trading with demo funds that will make him experienced.
That advice shouldn't be for newbies alone. It includes all those traders who haven't become profitable too no matter how long they've been trading. Trading is an easy way of expanding one's wealth once one has a grip on the set skills. It becomes enjoyable and an easy ride for those who are profitable but herculean to those who aren't profitable yet. Trading should be treated as a serious career like medicine, lawyer and others. It deserves time to learn on it. Until one becomes a guru and profitable, no one should quit their job for trading, no matter how enticing it looks.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Eridan_world on September 05, 2022, 12:07:05 PM
I see a lot of newbies ask whether they should quit their jobs to trade crypto, and my honest advice is you should not try it.

The thing with any investment or business is that, no matter the amount of money you have, it is always good to start small and grow over time (don't test water depth with both feets). Because you are entering a new market and you need time to understand the market. Your job will stand as an insurance for you, in case of any loss. So keep your job, continue investing in crypto and growing your portfolio until the money you make from crypto is more than enough to pay for your lifestyle and also save. Then only can you quit your job.

I totally agree. You should not put all your eggs in one basket, you need to diversify the risks. It's better to start small, and later, if things go well, then dive deeper into the business.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Abbee on September 05, 2022, 12:41:49 PM
Trading crypto should be a side hustle, it doesn't worth quitting you job, quitting your job can only be done if you have another stable source of income to maintain you. Bitcoin has it's risk, quitting your job to focus on Bitcoin as the only source of income should not be considered. For instance, Early this year Bitcoin as given almost all it's users heart attack due to the plummeted value on the market. Imagine if it as a user you have quitted your job, how would you have managed yourself?.
 Even when the market is bullish, never considered quitting your job.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Pmalek on September 05, 2022, 01:15:53 PM
If you are good in trading and you know you can be trading and making profit then why do you have to stress yourself and be workings...
Because no matter how good a trader is, he will make mistakes that will cost him money. Making profit doesn't just depend on your knowledge of technical analysis and reading charts. There are so many other things that can go wrong where you can lose your money or miss a good opportunity to make some.

- The exchange can get hacked.
- It can suspend trading.
- It can freeze your account and request additional KYC.
- A negative event in crypto such as a rug pull or exit scam can influence your positions and liquidate them even if you did everything correctly and it seems you are in for some decent profit.
- Your hardware can fail at the most inconvenient moment when you see an opportunity for a trade.
- Regulatory frameworks can change that suddenly restrict you from using your favorite exchange, so you have to find a new home, set up an account, verify it, deposit the needed coins, etc.   


Title: Re: Don't ever quit your job to trade crypto.
Post by: Hyphen(-) on September 05, 2022, 03:22:36 PM
If you are good in trading and you know you can be trading and making profit then why do you have to stress yourself and be workings, most companies are just using their staffs and at the end they will just pay small money, but as a trader you can be making your cool money from the comfort of your house, but before you can rely on trading for survival you halve to be a professional first.
You are correct, but there are risks in any business, including cryptocurrency trading.
Assume you invested all of your money in Bitcoin when the price was around $50k and you're waiting for a price increase to take your profit; now that the price has dropped to around $20k, how can you profit? Always consider the risk involved in any investment before beginning; take the time to learn about what you are about to begin; don't just do your job because you know you are a great trader; no one can predict what will happen tomorrow, so always take chances.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Bhig Daddy on September 05, 2022, 05:08:17 PM
I will never advice anyone to quit it job or business for cryptocurrency or forex or anything as such. Cryptocurrency is nothing that guarantees you success, At least in a job you are assured of getting paid by the end of the month but in cryptocurrency is not so. Crypto can make you so rich and at the same time it could go wrong for so it advice to have something you can hold on to when things go wrong.


Title: Re: Don't ever quit your job to trade crypto.
Post by: JoyMarsha on September 06, 2022, 04:20:51 PM
It's a matter of choice. Choices differ. Someone that earns way more than the salary offered to him as a job, can decide to quit his job and face totally on crypto trading. Many are doing it, and they are not regretting it to date.
Some risks are involved in crypto trading but once it's mastered you would make more than someone that depends solely on his or her job


Title: Re: Don't ever quit your job to trade crypto.
Post by: AakZaki on September 07, 2022, 11:06:21 PM
Crypto does not guarantee success, but crypto can be a side job that can support the main job. if these two jobs are done then your finances will improve, because you will get a monthly salary from your main job and earn additional money from crypto such as trading and doing other work in crypto. and in crypto you should not be too greedy because it will be the beginning of your destruction. currently I am sticking with my main job and working in crypto at the same time with a suitable time share.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Shamm on September 07, 2022, 11:30:09 PM

If you are good in trading and you know you can be trading and making profit then why do you have to stress yourself and be workings, most companies are just using their staffs and at the end, they will just pay small money, but as a trader, you can be making your cool money from the comfort of your house, but before you can rely on trading for survival you halve to be a professional first.
Not just easy because as we all know that in trading no one is perfect in short we make some mistakes that lead to us losing our profit, not all the time but if our unlucky day has come no one can say that we are always successful in trading. We must stay focused on our main job to sustain our needs, because crypto is just for support only and do not make it as a source of income .


Title: Re: Don't ever quit your job to trade crypto.
Post by: Marvell1 on September 08, 2022, 03:46:54 AM
If you are good in trading and you know you can be trading and making profit then why do you have to stress yourself and be workings, most companies are just using their staffs and at the end they will just pay small money, but as a trader you can be making your cool money from the comfort of your house, but before you can rely on trading for survival you halve to be a professional first.

No matter how good you are at trading, there will be times of loss and you should know that the market is very unpredictable, we cannot be sure what this market will be like in the future.
Cryptocurrency can be a place where you can make a lot of money but it is a nascent market compared to forex or stocks so the risks are huge, it may be broken or completely banned by the government where you live...
Outside work sometimes it only gives you a meager salary but it is steady and sure. Smart people always find ways to diversify sources of income, and should not depend on just one source because life is always full of surprises, always have a plan B for the future.


Title: Re: Don't ever quit your job to trade crypto.
Post by: boyptc on September 10, 2022, 09:57:54 AM
It's a matter of choice. Choices differ. Someone that earns way more than the salary offered to him as a job, can decide to quit his job and face totally on crypto trading. Many are doing it, and they are not regretting it to date.
Some risks are involved in crypto trading but once it's mastered you would make more than someone that depends solely on his or her job
What's good now is that crypto isn't just limited to trading. But various job offers are also in here specially to the successful projects that are hiring developers and managers.

That's why it's up to them to decide on how they're going to response to these overwhelming opportunities that one can see in the crypto industry. Because this isn't just a dream only but an actual reality that many still can't believe up to this date.


Title: Re: Don't ever quit your job to trade crypto.
Post by: 81coin on September 10, 2022, 02:49:13 PM
Thank you for your words! I hope this will save someone's life and career!


Title: Re: Don't ever quit your job to trade crypto.
Post by: Peanutswar on September 10, 2022, 03:41:13 PM
It's a matter of choice. Choices differ. Someone that earns way more than the salary offered to him as a job, can decide to quit his job and face totally on crypto trading. Many are doing it, and they are not regretting it to date.
Some risks are involved in crypto trading but once it's mastered you would make more than someone that depends solely on his or her job
What's good now is that crypto isn't just limited to trading. But various job offers are also in here specially to the successful projects that are hiring developers and managers.

That's why it's up to them to decide on how they're going to response to these overwhelming opportunities that one can see in the crypto industry. Because this isn't just a dream only but an actual reality that many still can't believe up to this date.

Actually I do the same situation but I guess it becomes mistake because currently the market is not showing a good uptrend and today it is quite hard to find a job because of the qualifications they really needed in the industry still it is better to make a background in the job at the same time it is an experience that can be use to apply and use the trading as just a sideline because it is really costly to have it. But if OP will well prepared to make a trade and knowledge nothing wrong to do with a full time as a trader.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Bhig Daddy on September 10, 2022, 07:45:02 PM
Quitting you job for cryptocurrency is not something anyone should do, bitcoin is something I will say it like a gamble, because all of it is based on predictions and forecast, it not something that is certain but with you job you are guarantee of earning your salary no matter how little it is but it something you can count on. So it better to have something you can count on rather than something that is base on mare forecast.


Title: Re: Don't ever quit your job to trade crypto.
Post by: albon on September 10, 2022, 08:26:44 PM
I see a lot of newbies ask whether they should quit their jobs to trade crypto, and my honest advice is you should not try it.
It is foolish for a trader to rely on his trading in cryptocurrencies only and leave his job, the job must be the primary source of income that cannot be dispensed with, and trading is a sub-source of income so that if the trader loses his money in trading, he finds another source of livelihood that provides him with the money he needs to pay Rent, electricity bill, internet, and others, trading needs money in excess of the needs of the trader and he can lose it and do not regret it because the field of cryptocurrencies is full of risks, so the trader must be smart and not leave his job or sell what he owns.


Title: Re: Don't ever quit your job to trade crypto.
Post by: nakamura12 on September 10, 2022, 09:19:15 PM
Is anyone here considering trading and investing crypto as a source of income?  IMO, I won't.

Get a decent job and should have a stable source of income.  In that way, you can fulfill your needs and also if your trading and investment habit.
Crypto trading and investing are very risky and I tend to agree with that, there's no assurance that you will and it's unpredictable either you will gain profit and you will lose, it seems a sort of gambling.

When you have a stable income, you can afford the amount that you want to invest in crypto, either it will win or loss in trading or waiting for an unknown time frame in getting profit from investing, there's no worry about it because you have a job which had a stable income.
I would also think that considering trading and investing crypto as a source of income or whatever it is that I can earn money but it comes with a risk won't be considered as a main source of income just like trading where there is a risk thennI won't considered it as a source or income just like in investing.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Alert31 on September 11, 2022, 01:44:02 PM
Trading is just a secondary source of income. Your job should be still the primary source of income because trading is too risky. You don't know if you can gain profit because of market volatility and also if the coins you choose to trade is good and can give you luck to earn profit.


Title: Re: Don't ever quit your job to trade crypto.
Post by: blockman on September 11, 2022, 02:09:57 PM
Trading is just a secondary source of income.
It can be an actual job for those professionals who have been living with the market.

Your job should be still the primary source of income because trading is too risky. You don't know if you can gain profit because of market volatility and also if the coins you choose to trade is good and can give you luck to earn profit.
This should be the norm, for those that are doing part-time trading. There's no need for them to quit their jobs because they can do two things at the same time. They can treat trading as a side hustle while keeping going with their main jobs. Having two or more sources of income nowadays is the wisest thing to do and can help to defeat inflation and keep up with the increase in the price of goods.


Title: Re: Don't ever quit your job to trade crypto.
Post by: rozak on September 11, 2022, 02:39:55 PM
This should be the norm, for those that are doing part-time trading. There's no need for them to quit their jobs because they can do two things at the same time. They can treat trading as a side hustle while keeping going with their main jobs. Having two or more sources of income nowadays is the wisest thing to do and can help to defeat inflation and keep up with the increase in the price of goods.
maybe different when the trader is already a professional in day trading. so that he can earn from trading daily for necessities.
but it's true, trading in the crypto market is something very flexible. we can do it anywhere and anytime. even just taking time off from work, we can do that too. no need to rush out of work for experience in day trading. we never know what the future fate of our trade will be. maybe this week we are lucky, but no one will ever know tomorrow.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Bhig Daddy on September 11, 2022, 02:43:34 PM
It never advisable to quit your job just to engage in cryptocurrency, like you job stand as a pole of risk in case you fail in bitcoin because investing in bitcoin is also like gambling nothing is certain and promised. Investing in bitcoin is totally based on forecast and predictions so it not advisable to quit something that is based on mare forecast or predictions to something that is certain.


Title: Re: Don't ever quit your job to trade crypto.
Post by: Digital_Lord on September 11, 2022, 05:14:30 PM
Crypto trading is so widespread that every single person wish to be a part of it but not everyone has understanding about it. Actually people appetite to be rich in one night but it is demanding not only in crypto but in all other zones. People should aware of every signal thing analogous to crypto trading and once it is initiated so do not leave it because with more practices gaining will be more attractive.


Title: Re: Don't ever quit your job to trade crypto.
Post by: BitcoinPanther on September 11, 2022, 08:22:34 PM
It is always good to have multiple sources of income.  So it is always good to keep our job while we are trading.  Trading often times is unpredictable.  In trading, we may profit a huge amount of money or lose it all.  Having job will save us if ever our trading activity doesn't go well.