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Author Topic: Will you quit your day job to go full time on bitcoin?  (Read 459156 times)
blackmachinegun
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June 03, 2016, 01:02:12 PM
 #3441

buying 1 VGA some days ago and now im mining etherum, if my plan running smooth i will focus at bitcoin and next year Smiley
maybe middle 2017 or the end of 2017
You seem very confident about the future altcoin this one (etherum) lets see what will happen in etherum in recent years. I think you should still be careful on altcoin. some time ago etherum prices fell by more than 20% in one day. and it is very risky with your investments in etherum
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June 03, 2016, 01:12:44 PM
 #3442

A big time miner with really owns a lots of mining rigs and owns a property for mining is the only bitcoin job I see that can be taken by full time. But you really need a big capital here to ride the current wave of mining difficiculty.

In trading or any other method, don't need to sit 24 hours just to do this so take this bitcoin job only as a part time.

You are right, you need to have a big capital for starting it since 1 mining rig isn't enough for it, so you will need to buy a lot of mining rigs maybe 4-10 mining rig will suffice your daily income for being a full time bitcoin miner.

Also with free electricity it's not that an assurance that you can ROI quickly. Big time miners really pays for lot space and maintenance fee per rigs. Also they owned at least 50 or move mining rigs to take ride with current mining difficulty.
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June 03, 2016, 01:13:05 PM
 #3443

A big time miner with really owns a lots of mining rigs and owns a property for mining is the only bitcoin job I see that can be taken by full time. But you really need a big capital here to ride the current wave of mining difficiculty.

In trading or any other method, don't need to sit 24 hours just to do this so take this bitcoin job only as a part time.

You are right, you need to have a big capital for starting it since 1 mining rig isn't enough for it, so you will need to buy a lot of mining rigs maybe 4-10 mining rig will suffice your daily income for being a full time bitcoin miner.

even if you have enough capital to build yourself a decent mining rig, you first need to earn back your money which already is a very though job as the difficulty keeps increasing. by the time you have earned back around 50-75% of your money, it will not be profitable to continue mining with the same rig.

That's right, and when the halving comes, even I'm not a bitcoin expert, depending on the speculations of bitcoin enthusiast.
Miners will be having to get hard time for mining because of the incoming halving.

Why to have hard times? I think mining is like any other investment, just it requires more money. Usually more money means more risk, but smart miners started first to collect earnings from btc, early miners are very rich now.

So I'm sure they will find a way to still do it. Nothing is easy for anyone here, trading, gambling, mining... everything has a price, and difficulty level.

I think its possible for someone to make serious money with btc and to quit daily job cause of that.

I have just read it from other threads I just forgot, it is because the block will be halve. I really forgot it but it is something like that.
And you are right, making money with btc is not just easy like others are thinking.
Since it is a real money that can be change into fiat, like how you earn real money that's also hard to earn from it.

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June 03, 2016, 01:20:44 PM
 #3444

buying 1 VGA some days ago and now im mining etherum, if my plan running smooth i will focus at bitcoin and next year Smiley
maybe middle 2017 or the end of 2017
You seem very confident about the future altcoin this one (etherum) lets see what will happen in etherum in recent years. I think you should still be careful on altcoin. some time ago etherum prices fell by more than 20% in one day. and it is very risky with your investments in etherum

it is all about earning money with this coin. and buying a VGA is like an investment which you can always use to mine another coin which becomes more profitable in possible future. right now you can mine and dump eth (or dump at tops) for the ROI.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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June 03, 2016, 03:18:01 PM
 #3445

I have a nice  job i dont want to quit on it just  to be fulltime on bitcoin..i choose bitcoin then i will loose my dreams and my relationship to my family and especilally to my love.

That's better thing to do choose what you really want, and if you are stable with your current job then don't quit it since it is hard to find a good job.
And if you are accepting good benefits and salary from it, just put your priority to your current job and next to bitcoin. For me, you don't have to
work full time in bitcoin, just make it part time.

A big time miner with really owns a lots of mining rigs and owns a property for mining is the only bitcoin job I see that can be taken by full time. But you really need a big capital here to ride the current wave of mining difficiculty.

In trading or any other method, don't need to sit 24 hours just to do this so take this bitcoin job only as a part time.

Most of the people find their current job boring or less paying  But it's too early to quit a job for bitcoin earning unless you were a;ready earning more than double from your current job.  A regular  income is must for living and I am afraid bitcoin  does not offer such stability.
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June 03, 2016, 03:52:01 PM
 #3446

Yes, I will quit my job to do a good full time job on bitcoin if I ensure I can make more than what I make currently in my job.

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June 03, 2016, 03:58:06 PM
 #3447

Well, I don't have day job and I don't make any serious money from any bitcoin job either.
But if I would have both of them and by investing more of my time in the bitcoin job I could make more money then sure I would quit my day job and do my bitcoin job full time, why not?

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June 03, 2016, 04:14:25 PM
 #3448

Yes, I will quit my job to do a good full time job on bitcoin if I ensure I can make more than what I make currently in my job.

you will know if you ty it, im sure you can earn more money than realjob, my friend can earn arround 2BTC from daily trade , altcoin and forex too.
we can also get some income from adsens,i think focus at online earning can make you rich if you know how to earn it, don't focus at bitcoin, you can earn money with a lot way.

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June 03, 2016, 05:18:56 PM
 #3449

Well, I don't have day job and I don't make any serious money from any bitcoin job either.
But if I would have both of them and by investing more of my time in the bitcoin job I could make more money then sure I would quit my day job and do my bitcoin job full time, why not?
if you do not have a job, I think this is the best time to look for bitcoin. sometimes if you have a job you may have little time to look for bitcoin, but if you have a job, it may be better to not get out of work

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June 03, 2016, 05:20:19 PM
 #3450

Yes, I will quit my job to do a good full time job on bitcoin if I ensure I can make more than what I make currently in my job.

you will know if you ty it, im sure you can earn more money than realjob, my friend can earn arround 2BTC from daily trade , altcoin and forex too.
we can also get some income from adsens,i think focus at online earning can make you rich if you know how to earn it, don't focus at bitcoin, you can earn money with a lot way.

If he can make 2BTC a day trading he could make more telling everyone how he does that.
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June 03, 2016, 05:41:38 PM
 #3451

Yes, I will quit my job to do a good full time job on bitcoin if I ensure I can make more than what I make currently in my job.

you will know if you ty it, im sure you can earn more money than realjob, my friend can earn arround 2BTC from daily trade , altcoin and forex too.
we can also get some income from adsens,i think focus at online earning can make you rich if you know how to earn it, don't focus at bitcoin, you can earn money with a lot way.
I am interested to know how they do this deal, do they buy for example altcoin and then sell bitcoin and so on..?

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June 03, 2016, 07:33:21 PM
 #3452

Yes, I will quit my job to do a good full time job on bitcoin if I ensure I can make more than what I make currently in my job.

you will know if you ty it, im sure you can earn more money than realjob, my friend can earn arround 2BTC from daily trade , altcoin and forex too.
we can also get some income from adsens,i think focus at online earning can make you rich if you know how to earn it, don't focus at bitcoin, you can earn money with a lot way.
I am interested to know how they do this deal, do they buy for example altcoin and then sell bitcoin and so on..?

Seems like his friend has some bg investment in trading to profit like that.
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June 03, 2016, 07:54:53 PM
 #3453

Yes, I will quit my job to do a good full time job on bitcoin if I ensure I can make more than what I make currently in my job.

you will know if you ty it, im sure you can earn more money than realjob, my friend can earn arround 2BTC from daily trade , altcoin and forex too.
we can also get some income from adsens,i think focus at online earning can make you rich if you know how to earn it, don't focus at bitcoin, you can earn money with a lot way.
I am interested to know how they do this deal, do they buy for example altcoin and then sell bitcoin and so on..?

Seems like his friend has some bg investment in trading to profit like that.
Yes, it is important that how much you make out of how much, since I was thinking to trading and it is very difficult to have a consistent income like his/her friend.

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June 03, 2016, 08:07:09 PM
 #3454

Yes, I will quit my job to do a good full time job on bitcoin if I ensure I can make more than what I make currently in my job.

you will know if you ty it, im sure you can earn more money than realjob, my friend can earn arround 2BTC from daily trade , altcoin and forex too.
we can also get some income from adsens,i think focus at online earning can make you rich if you know how to earn it, don't focus at bitcoin, you can earn money with a lot way.
I am interested to know how they do this deal, do they buy for example altcoin and then sell bitcoin and so on..?

Seems like his friend has some bg investment in trading to profit like that.
Yes, it is important that how much you make out of how much, since I was thinking to trading and it is very difficult to have a consistent income like his/her friend.
I think you really need a good investment to be able to profit like that. well, I prefer more altcoin trading rather than bitcoin trade because you many variants of coins to trade with.
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June 04, 2016, 12:54:07 AM
 #3455

I think this is not worth my job at all, I have a good job so I honestly right now would never consider this.
Maybe if the bitcoin is a lot bigger that I would maybe do this...
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June 04, 2016, 01:09:13 AM
 #3456

I think this is not worth my job at all, I have a good job so I honestly right now would never consider this.
Maybe if the bitcoin is a lot bigger that I would maybe do this...
It it still depends on how you earn your bitcoins online, if you are into signature campaign and other online jobs, they will also adjust the bitcoins they are giving base on the value of dollars or euros so its still the same, the only thing we can benefit and earn big in the future if the price will continue to rise is to save now so we can completely quit our job.

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June 04, 2016, 01:42:31 AM
 #3457

I think this is not worth my job at all, I have a good job so I honestly right now would never consider this.
Maybe if the bitcoin is a lot bigger that I would maybe do this...

if your salary enough to your life and saving, I Recomended to still use bitcoin as sidejob and use your salary to buy it as investment too.

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June 04, 2016, 02:01:45 AM
 #3458

I think this is not worth my job at all, I have a good job so I honestly right now would never consider this.
Maybe if the bitcoin is a lot bigger that I would maybe do this...

if your salary enough to your life and saving, I Recomended to still use bitcoin as sidejob and use your salary to buy it as investment too.

all are always wanting more, especially if it is money. but yes it is good as long as you use bitcoin as a side job, but you can make a lot of profit from it, and still maintain your job. but maybe if you are tired with your work, and work with bitcoin feel more relaxed and comfortable, so you can decide to take full-time in bitcoin.
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June 04, 2016, 02:08:45 AM
 #3459

I think this is not worth my job at all, I have a good job so I honestly right now would never consider this.
Maybe if the bitcoin is a lot bigger that I would maybe do this...

if your salary enough to your life and saving, I Recomended to still use bitcoin as sidejob and use your salary to buy it as investment too.

all are always wanting more, especially if it is money. but yes it is good as long as you use bitcoin as a side job, but you can make a lot of profit from it, and still maintain your job. but maybe if you are tired with your work, and work with bitcoin feel more relaxed and comfortable, so you can decide to take full-time in bitcoin.
Exactly, human are born greedy, we always long for something and when we achieve that we always want for more, the same good with gambling that we are indiscipline of not knowing when to spot. The 1st thing we need to consider before quitting our job is set a goal or target how much should we make and if we hit that then we should also relax, nobody dreams of becoming rich but still working daily.
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June 04, 2016, 02:24:09 AM
 #3460

If anything I'm just using Bitcoin to supplement some of my income right now and reduce a lot of my costs and utilities right now, since I'm living off a decent income and the additional money I get from this is actually incredibly useful in my "real life" so to speak, and it has been fairly beneficial in the past year I have been using it.

As for quitting my day job though, that's not something I'd do. It isn't worth losing the additional income just to try and make money off of something like this. There aren't enough business opportunities.
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