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Author Topic: Will you quit your day job to go full time on bitcoin?  (Read 459156 times)
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June 29, 2016, 07:05:15 AM
 #4341

Not sure how it's possible to quit your day job and go fulltime on Bitcoin. It's not like Bitcoin pays me a wage. I think this is a silly question to ask, having a job and owning Bitcoin go hand in hand since I consider Bitcoin not only a currency but an investment like Gold and Silver.

agree with you, bitcoin can be use as investment way, if our salary from real job is enoough to life, i think better we still use bitcoin as sidejob, and invest our earning for future reference.
How about doing both of them as your main jobs, I mean the money you earn from job invest them into bitcoins and buy them when the price is low and selling them when the price is high. This way you make double income similar to already I am doing.

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June 29, 2016, 07:18:43 AM
 #4342

Wise men diversify their investments and always seek out extra inflow of wealth, so do i by their lead. I am not yet ready to give up regular full-time job because
currently it provides me with much more income than what i earn with bitcoin.
I know some people that did commit soley to bitcoin, but sadly it didn't work out for all of them, and some now have huge loans (mostly those who invested in bitcoin mining operation) and
have no good source off income to return it.

One day in the future i believe there will be enough space and wealth bitcoin related, and many will find their place in bitcoin related service or jobs, but for now, it's best
to leave it as a side job, and additional source of income (or better yet just save it on the side, because we all know that bitcoin will either thrive one day)


Off course will i quit my day job to go full into the bitcoin in the hope that i am earning some money you know. There are allot of things to do with bitcoins so maybe i can try to.
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June 29, 2016, 07:25:05 AM
 #4343

Not sure how it's possible to quit your day job and go fulltime on Bitcoin. It's not like Bitcoin pays me a wage. I think this is a silly question to ask, having a job and owning Bitcoin go hand in hand since I consider Bitcoin not only a currency but an investment like Gold and Silver.

agree with you, bitcoin can be use as investment way, if our salary from real job is enoough to life, i think better we still use bitcoin as sidejob, and invest our earning for future reference.
How about doing both of them as your main jobs, I mean the money you earn from job invest them into bitcoins and buy them when the price is low and selling them when the price is high. This way you make double income similar to already I am doing.
You can do both but you cannot maximize your income. Your time is not enough to do both things just to make a considerable amount of money that would take you further in the future, the real secret of the rich is to be able to know their priorities to focus on their time.

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June 29, 2016, 09:31:57 AM
 #4344

I would only quit my job if I would make millions with Bitcoin but that is not the case so I am not going to do it. You cannot trust Bitcoin completely because anything can happen then when I have gave up my job it is already to late to go back.


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June 29, 2016, 03:16:55 PM
 #4345

I would only quit my job if I would make millions with Bitcoin but that is not the case so I am not going to do it. You cannot trust Bitcoin completely because anything can happen then when I have gave up my job it is already to late to go back.

if your current job is very comfortable and also very good, it is better not to leave. moreover you do not make a good income from bitcoin, but you can make bitcoin as a sidejob and it would be perfect income.

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June 29, 2016, 06:56:33 PM
 #4346

I think following a rule is fine and the rule is that if I make more than 3 times of what one can make with full time job then it is fine to quit their job.

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June 29, 2016, 07:11:08 PM
 #4347

I would only quit my job if I would make millions with Bitcoin but that is not the case so I am not going to do it. You cannot trust Bitcoin completely because anything can happen then when I have gave up my job it is already to late to go back.

You are talking that you will quit your job after earning millions but you didn't even tryed, how can you be sure that your work will bring to you more money?

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June 29, 2016, 07:16:28 PM
 #4348

I would only quit my job if I would make millions with Bitcoin but that is not the case so I am not going to do it. You cannot trust Bitcoin completely because anything can happen then when I have gave up my job it is already to late to go back.

if your current job is very comfortable and also very good, it is better not to leave. moreover you do not make a good income from bitcoin, but you can make bitcoin as a sidejob and it would be perfect income.

That is the important factor to consider if you have to leave your job, comfortability. If a person is not comfortable with the job even it really pays off, they have to consider to finding a new job. Of course find first before leaving it.

While at the same time, treating bitcoin as part time job if you are comfortable in doing it while having a day job.
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June 30, 2016, 01:18:08 AM
 #4349

I would only quit my job if I would make millions with Bitcoin but that is not the case so I am not going to do it. You cannot trust Bitcoin completely because anything can happen then when I have gave up my job it is already to late to go back.

if your current job is very comfortable and also very good, it is better not to leave. moreover you do not make a good income from bitcoin, but you can make bitcoin as a sidejob and it would be perfect income.

That is the important factor to consider if you have to leave your job, comfortability. If a person is not comfortable with the job even it really pays off, they have to consider to finding a new job. Of course find first before leaving it.

While at the same time, treating bitcoin as part time job if you are comfortable in doing it while having a day job.
Having a job is safer but it will not guarantee you to become rich in the future, you consider you job as a temporary thing that would give you money while you are still learning to have your own business.

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June 30, 2016, 01:24:59 AM
 #4350

I think following a rule is fine and the rule is that if I make more than 3 times of what one can make with full time job then it is fine to quit their job.

But quitting your daily job even you are earning higher or even 3 times the regular rate for it is not really recommended. It is better to save both of them if you can.
Don't sacrifice any of them as long as you can and having multiple source of income is better.

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June 30, 2016, 03:09:39 AM
 #4351

I think following a rule is fine and the rule is that if I make more than 3 times of what one can make with full time job then it is fine to quit their job.

But quitting your daily job even you are earning higher or even 3 times the regular rate for it is not really recommended. It is better to save both of them if you can.
Don't sacrifice any of them as long as you can and having multiple source of income is better.
It is good, I have a daily regular job and I am doing bitcoin work as side job but I realize that if I will quit my regular job, I can earn more bitcoin because I can focus it and the benefit is I will be working in the house to stay with my family.
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June 30, 2016, 07:14:17 AM
 #4352

Off course will i quit my day job to go full into the bitcoin because if you are doing it the right way you will make allot of money with the bitcoin
but it is not that easy off course and that is why we all need a job beside the bitcoin.
The problem with making earning with bitcoins a full time job is that the income from bitcoins is huge but non stable, I mean sometimes you can earn a lot of money while at the other time you can make loss too.
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June 30, 2016, 07:28:07 AM
 #4353

I would only quit my job if I would make millions with Bitcoin but that is not the case so I am not going to do it. You cannot trust Bitcoin completely because anything can happen then when I have gave up my job it is already to late to go back.

if your current job is very comfortable and also very good, it is better not to leave. moreover you do not make a good income from bitcoin, but you can make bitcoin as a sidejob and it would be perfect income.

That is the important factor to consider if you have to leave your job, comfortability. If a person is not comfortable with the job even it really pays off, they have to consider to finding a new job. Of course find first before leaving it.

While at the same time, treating bitcoin as part time job if you are comfortable in doing it while having a day job.
Having a job is safer but it will not guarantee you to become rich in the future, you consider you job as a temporary thing that would give you money while you are still learning to have your own business.
I agree with you, your job does not guarantee you will be safe in the future, because it could be your place of work to experience bankruptcy. but if you take a full-time on bitcoin, you can get greater results and it sometimes not unexpected, because the price of bitcoin will someday rise very high. so that it can make you rich quick.

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June 30, 2016, 08:03:57 AM
 #4354

Quitting my job right now o concentrate on bitcoins will be like committing suicide. I think bitcoins are not yet stable because of he changes inherent.
If you are new to bitcoin and you have a job then you should select your regular job instead of bitcoin but when you explore in the community you will see the real opportunity here and make you realize of focusing it that you regular job.

Yeah, I agree with this, be smart, it is really good to have more than one basket aside from the day Job, the future will tell, being rich at BTC is not a quick time scene you have go a lot of time, effort and experience, so while at work, it is possible to start building your wealth with BTC and by that it will tell if its the right time to quit your job.
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June 30, 2016, 08:09:48 AM
 #4355

Quitting my job right now o concentrate on bitcoins will be like committing suicide. I think bitcoins are not yet stable because of he changes inherent.
If you are new to bitcoin and you have a job then you should select your regular job instead of bitcoin but when you explore in the community you will see the real opportunity here and make you realize of focusing it that you regular job.

Yeah, I agree with this, be smart, it is really good to have more than one basket aside from the day Job, the future will tell, being rich at BTC is not a quick time scene you have go a lot of time, effort and experience, so while at work, it is possible to start building your wealth with BTC and by that it will tell if its the right time to quit your job.

Before having a decision you must really think of it 10 times or even more. Because if you are going to shift to full time bitcoin with doubts then for sure you are just giving yourself a downfall.
But if you know what you are going to do and you are well prepared for it then you are going to succeed.

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June 30, 2016, 01:38:20 PM
 #4356

If you ask me, why not? If i'm earning like 150 or 200% more than on what i can earn on my salaries for my job. I choose to go full time on bitcoin because IMO in bitcoin there is no limit on how much can you earn for a day because you are the boss and who will decide whether you will earn big profits or not.
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June 30, 2016, 01:49:14 PM
 #4357

Going all in on Bitcoin is just too risky an investment at this stage in the game. Don't get me wrong, Bitcoin has made great strides over the years, but it's still a young concept. If someone is 100% set on working within the Bitcoin community full time, the safest way to achieve this is as an entrepeneur within the community part time, and quitting your day job if/when you get a successful business model in place.
I would not quit my job to go full time on Bitcoin because to me that is just a stupid idea to do, you are not certain of Bitcoin providing for you every month.
It is much better to do Bitcoin on the side and use it to make even extra money next to your job.
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June 30, 2016, 01:55:29 PM
 #4358

Not sure how it's possible to quit your day job and go fulltime on Bitcoin. It's not like Bitcoin pays me a wage. I think this is a silly question to ask, having a job and owning Bitcoin go hand in hand since I consider Bitcoin not only a currency but an investment like Gold and Silver.

agree with you, bitcoin can be use as investment way, if our salary from real job is enoough to life, i think better we still use bitcoin as sidejob, and invest our earning for future reference.
How about doing both of them as your main jobs, I mean the money you earn from job invest them into bitcoins and buy them when the price is low and selling them when the price is high. This way you make double income similar to already I am doing.
You can do both but you cannot maximize your income. Your time is not enough to do both things just to make a considerable amount of money that would take you further in the future, the real secret of the rich is to be able to know their priorities to focus on their time.

How can you know that? You're not the guy on the situation that making the decision and if ever the guy decided to take full time in bitcoin it's because he know how things go and he's surely not a fool to quit daily job if he know it doesn't worth the time to earn money.
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June 30, 2016, 02:04:41 PM
 #4359

Going all in on Bitcoin is just too risky an investment at this stage in the game. Don't get me wrong, Bitcoin has made great strides over the years, but it's still a young concept. If someone is 100% set on working within the Bitcoin community full time, the safest way to achieve this is as an entrepeneur within the community part time, and quitting your day job if/when you get a successful business model in place.
I would not quit my job to go full time on Bitcoin because to me that is just a stupid idea to do, you are not certain of Bitcoin providing for you every month.
It is much better to do Bitcoin on the side and use it to make even extra money next to your job.


You can actually be smart enough to hold on to your bitcoins and wait for the pump before you sell it but is seems that the bitcoin's price bothers you so much then just convert it into USD upfront when you get your bitcoins. But I do agree with the first person of this quote. If you're earning much more in bitcoins than in your day job, then just leave your day job. Day jobs are boring and they can only act as a disturbance to your bitcoin journey.

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June 30, 2016, 02:08:19 PM
 #4360

Even believing at bitcoin I cant afford to left my job to try get a life from bitcoin , still being new for the most countries and they are against it.
Besides that nowadays to get a good income must have some good project or very lucky to invest high and be able to get an amount fixed of bitcoin, soo no makes no sense get full into bitcoin as we can use it as an extra source.
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