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Author Topic: Will you quit your day job to go full time on bitcoin?  (Read 459166 times)
jossiel
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July 06, 2016, 03:31:54 AM
 #4501

If someday i can find a job that provide much bitcoin on that job, i will thing about it. But i'm not sure job in bitcoin can go for long run. I think it's better to stay on your day job.

I also would think about it but I most likely will not do this because I already have a great job and maybe I even will turn my own company in the future in something with the bitcoin.
Its for me really depending on the market of the bitcoin and the popularity also.

You can only afford to get full time on bitcoin if you are earning higher amount of bitcoins and if the price of bitcoin is higher and stable but I don't think price stability is ever possible.

At present I really won't feel to quit my job, but if the rate of bitcoin reaches to the moon I would surely think about it, but again we don't know how long bitcoin will exist in the near future, So it is always better to play safe and have a job in our hands, earning from bitcoin is good passive income to have.


I can guarantee that most would want to quit their job after the halving prices if it stays on the real upwards of $1k minimum.

Its because people dont see enough reasonable rate to their eyes thats why..

Well for me, even you are going to earn good with bitcoin still you need to work for your day job as it is always been reliable to earn with it.
And just treat bitcoin as a part time job just manage your time and effort equally.

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July 06, 2016, 03:49:49 AM
 #4502

depend upon the stability of the bitcoin, I think the trick to quitting the day job is if Bitcoin goes to record levels. If 1 BTC hits like $1,000 or $10,000 there might be lots of retirements.
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July 06, 2016, 04:58:23 AM
 #4503

depend upon the stability of the bitcoin, I think the trick to quitting the day job is if Bitcoin goes to record levels. If 1 BTC hits like $1,000 or $10,000 there might be lots of retirements.
It is so simple, if you are just investing then no need for you to leave your day job, you will only leave your job when are having a steady income in the bitcoin world and you are earning more than your earning on your daily job.

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CoinFoxs
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July 06, 2016, 08:59:59 AM
 #4504

depend upon the stability of the bitcoin, I think the trick to quitting the day job is if Bitcoin goes to record levels. If 1 BTC hits like $1,000 or $10,000 there might be lots of retirements.

 
But it should take a long duration to reach 10,000$ and i don't think that anyone left their job for a bitcoin which is an unstable currency.
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July 06, 2016, 09:05:37 AM
 #4505

depend upon the stability of the bitcoin, I think the trick to quitting the day job is if Bitcoin goes to record levels. If 1 BTC hits like $1,000 or $10,000 there might be lots of retirements.

 
But it should take a long duration to reach 10,000$ and i don't think that anyone left their job for a bitcoin which is an unstable currency.

$1k is possible in next 1 or 2 years but $10k will really take a long time, and even if it touches $1k its good not to quit your job as no one knows how long it will stay at $1k.
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July 06, 2016, 09:25:31 AM
 #4506

This is my plan
- reach 600mhs power to mining ethereum
- open small bussines conected to bitcoin
- resign from my real job and focus at my bussiness
bitcoinisfurture
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July 06, 2016, 09:27:29 AM
 #4507

What would you do in case your country ban bitcoin in next six months, or you start making losses in btc or you started gambling with btc ? So instead do your job and on holidays you can trade or whenever you get time.
eddyubachs
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July 06, 2016, 09:43:46 AM
 #4508

What would you do in case your country ban bitcoin in next six months, or you start making losses in btc or you started gambling with btc ? So instead do your job and on holidays you can trade or whenever you get time.

Exactly and its not a smart move to quit your regular for the sake of bitcoin, no one is sure what gonna happen to bitcoin and its price in future, its better to continue with full time job.
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July 06, 2016, 10:02:15 AM
 #4509

This is my plan
- reach 600mhs power to mining ethereum
- open small bussines conected to bitcoin
- resign from my real job and focus at my bussiness


Thats very good plan,mining ethereum is more profitable for today knowing that it is popular coin to mine by many miner since the blocks for bitcoins is harder to find, and also thats a lot of power you need to achieve their well goodluck for that dude i really can say thats long profitable business coming for you In near future.

What would you do in case your country ban bitcoin in next six months, or you start making losses in btc or you started gambling with btc ? So instead do your job and on holidays you can trade or whenever you get time.

Exactly and its not a smart move to quit your regular for the sake of bitcoin, no one is sure what gonna happen to bitcoin and its price in future, its better to continue with full time job.


Leaving our current job and focus in bitcoin is not really the smartest way of thinking for us if we are only low ballers in bitcoin industry because we cannot really gaurantee that we can get money in our daily wandering in bitcoins world thats why id rather focus on job what i have today and do bitcoins at the same time so by that i can have two salaries incoming to my pocket monthly.

R


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July 06, 2016, 11:14:22 AM
 #4510

I would be willing to leave my day job if I can have a stable way of earning bitcoin. After all, that's my goal, not having a boss and I can do whatever I want whenever I want with enough resources. It's even better if I have multiple streams of income aside from bitcoin so that cash inflow will still continue even if my other streams of income failed.

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terman45x
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July 06, 2016, 11:31:05 AM
 #4511

This is my plan
- reach 600mhs power to mining ethereum
- open small bussines conected to bitcoin
- resign from my real job and focus at my bussiness


Thats very good plan,mining ethereum is more profitable for today knowing that it is popular coin to mine by many miner since the blocks for bitcoins is harder to find, and also thats a lot of power you need to achieve their well goodluck for that dude i really can say thats long profitable business coming for you In near future.

What would you do in case your country ban bitcoin in next six months, or you start making losses in btc or you started gambling with btc ? So instead do your job and on holidays you can trade or whenever you get time.

Exactly and its not a smart move to quit your regular for the sake of bitcoin, no one is sure what gonna happen to bitcoin and its price in future, its better to continue with full time job.


Leaving our current job and focus in bitcoin is not really the smartest way of thinking for us if we are only low ballers in bitcoin industry because we cannot really gaurantee that we can get money in our daily wandering in bitcoins world thats why id rather focus on job what i have today and do bitcoins at the same time so by that i can have two salaries incoming to my pocket monthly.

To become rich in future, I think we should combine both the income, as if price of bitcoin goes higher in future then it can be an added advantage, but no need to quit your regular job.
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July 06, 2016, 11:38:26 AM
 #4512

Yea trading is safety way to earn bitcoins today and revenue share sites are good for invest money but just sites which are paying 1 and more years.Yocoin is good to buy now and sell later.I know one man who was bought yocoin worth 200$ and after 7 days they worth 1400$ .I will also go to buy yocoin and other cryptocurrencies which havd potential to grow fast.I will choose cryptocurrencies which are growing minimum 50% per week.
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July 06, 2016, 11:42:22 AM
 #4513

Yea trading is safety way to earn bitcoins today and revenue share sites are good for invest money but just sites which are paying 1 and more years.Yocoin is good to buy now and sell later.I know one man who was bought yocoin worth 200$ and after 7 days they worth 1400$ .I will also go to buy yocoin and other cryptocurrencies which havd potential to grow fast.I will choose cryptocurrencies which are growing minimum 50% per week.
I think trading is a safety way to earn bitcoin now if you are very skillfull trader,with big knowledge about it.If you trade without knowledge,
and without some good strategy,you will always loose in a long term investment.
In the terms of topic,im pretty sure i would do this Smiley getting payed in bitcoin is something i love.
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July 06, 2016, 11:51:21 AM
 #4514

Yea trading is safety way to earn bitcoins today and revenue share sites are good for invest money but just sites which are paying 1 and more years.Yocoin is good to buy now and sell later.I know one man who was bought yocoin worth 200$ and after 7 days they worth 1400$ .I will also go to buy yocoin and other cryptocurrencies which havd potential to grow fast.I will choose cryptocurrencies which are growing minimum 50% per week.

Where is that voin available for trading? Might wanna have a peek of it if what you say about your friend is true. Of course we all want a great profit here and I am thinking of investing more.
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July 06, 2016, 11:57:56 AM
 #4515

This is my plan
- reach 600mhs power to mining ethereum
- open small bussines conected to bitcoin
- resign from my real job and focus at my bussiness


Thats very good plan,mining ethereum is more profitable for today knowing that it is popular coin to mine by many miner since the blocks for bitcoins is harder to find, and also thats a lot of power you need to achieve their well goodluck for that dude i really can say thats long profitable business coming for you In near future.

What would you do in case your country ban bitcoin in next six months, or you start making losses in btc or you started gambling with btc ? So instead do your job and on holidays you can trade or whenever you get time.

Exactly and its not a smart move to quit your regular for the sake of bitcoin, no one is sure what gonna happen to bitcoin and its price in future, its better to continue with full time job.


Leaving our current job and focus in bitcoin is not really the smartest way of thinking for us if we are only low ballers in bitcoin industry because we cannot really gaurantee that we can get money in our daily wandering in bitcoins world thats why id rather focus on job what i have today and do bitcoins at the same time so by that i can have two salaries incoming to my pocket monthly.

To become rich in future, I think we should combine both the income, as if price of bitcoin goes higher in future then it can be an added advantage, but no need to quit your regular job.
@ultrloa Thanks for your support Smiley
@terman i think it's depending about "what your job, how much your salary" , for me if resign from my realjob make me "free" to build "new life, new step" to be rich, i will resign from my realjob.
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July 06, 2016, 12:06:50 PM
 #4516

I wish that I could be a "Profesional poster" and life off the signature campaign gains, maybe in some country where living is really cheap, but not even that way it would be enough to pay for monthly expenses. I don't see any way to quit my job so im stuck with working 9 to 5 if I want to keep buying bitcoins monthly and have a decent place to live. Sig campaigns just dont pay enough and I can't start my own business now, too risky.
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July 06, 2016, 12:10:53 PM
 #4517

I wish that I could be a "Profesional poster" and life off the signature campaign gains, maybe in some country where living is really cheap, but not even that way it would be enough to pay for monthly expenses. I don't see any way to quit my job so im stuck with working 9 to 5 if I want to keep buying bitcoins monthly and have a decent place to live. Sig campaigns just dont pay enough and I can't start my own business now, too risky.

Yes its too risky to quit daily job and depend only on bitcoin, as price volatility of bitcoin will never allow you to earn stable income so our income will depend on price of bitcoin that is really bad.

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nururochac
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July 06, 2016, 12:16:42 PM
 #4518

If someday i can find a job that provide much bitcoin on that job, i will thing about it. But i'm not sure job in bitcoin can go for long run. I think it's better to stay on your day job.

I also would think about it but I most likely will not do this because I already have a great job and maybe I even will turn my own company in the future in something with the bitcoin.
Its for me really depending on the market of the bitcoin and the popularity also.

You can only afford to get full time on bitcoin if you are earning higher amount of bitcoins and if the price of bitcoin is higher and stable but I don't think price stability is ever possible.

At present I really won't feel to quit my job, but if the rate of bitcoin reaches to the moon I would surely think about it, but again we don't know how long bitcoin will exist in the near future, So it is always better to play safe and have a job in our hands, earning from bitcoin is good passive income to have.


I can guarantee that most would want to quit their job after the halving prices if it stays on the real upwards of $1k minimum.

Its because people dont see enough reasonable rate to their eyes thats why..
Yeah. If there are more open jobs available to choose. But if there are no option where you can earn bitcoin that last and not just a period of time then you better stick in day-job.
Tanic
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July 06, 2016, 12:28:27 PM
 #4519

I have a story that I recently heard. Friends of my friend gone to live in Thailand (or Vietnam I forgot where exactly), so they sold their flat in Russia and moved to live in Asia and bought a house there for the money that they get from selling their flat here. And now they live there, half of the year already, and making money from commenting and poker for BTC and those money are enough for food and tax and some other daily things.
So somebody can stay daily job and to concentrate on bitcoin only.
Ziskinberg
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July 06, 2016, 01:57:35 PM
 #4520

I have a story that I recently heard. Friends of my friend gone to live in Thailand (or Vietnam I forgot where exactly), so they sold their flat in Russia and moved to live in Asia and bought a house there for the money that they get from selling their flat here. And now they live there, half of the year already, and making money from commenting and poker for BTC and those money are enough for food and tax and some other daily things.
So somebody can stay daily job and to concentrate on bitcoin only.
That is up to the person, if he can effectively do both then he should maintain his job and just do bitcoin as a side job, what is the most important is we are making money and we will financial freedom in the future.

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