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Author Topic: Will you quit your day job to go full time on bitcoin?  (Read 459224 times)
fireball4
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August 19, 2016, 04:39:19 PM
 #5381

It would be too risky to quit your job but it would be good for you if you would make use of bitcoin too.
Yeah! it is true that quitting our job is too risky as we might not succeed in focusing with bitcoin. Our job provides us a stable and consistent income while in bitcoin we might lose our money, that's the big difference for everyone who wish to go full time with bitcoin.

There are many people who are full time in bitcoin especially the traders who are making good money with it but to get full time on bitcoin you also need high capital to invest at initial stage.
yeah though it is risky to be a trader at the moment, in my opinion they never can earn any steady income unfortunately

 
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tyz
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August 19, 2016, 06:33:41 PM
 #5382

Depends on what you mean with high capital to invest. If you have are good in trading and if you make around 1% profit a day, then 10 BTC are enough to quit your job and live from trading Bitcoin. If you do some other little jobs for Bitcoin beside this then you can make a good living.

It would be too risky to quit your job but it would be good for you if you would make use of bitcoin too.
Yeah! it is true that quitting our job is too risky as we might not succeed in focusing with bitcoin. Our job provides us a stable and consistent income while in bitcoin we might lose our money, that's the big difference for everyone who wish to go full time with bitcoin.

There are many people who are full time in bitcoin especially the traders who are making good money with it but to get full time on bitcoin you also need high capital to invest at initial stage.
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August 19, 2016, 06:57:47 PM
 #5383

It would be too risky to quit your job but it would be good for you if you would make use of bitcoin too.
Yeah! it is true that quitting our job is too risky as we might not succeed in focusing with bitcoin. Our job provides us a stable and consistent income while in bitcoin we might lose our money, that's the big difference for everyone who wish to go full time with bitcoin.

There are many people who are full time in bitcoin especially the traders who are making good money with it but to get full time on bitcoin you also need high capital to invest at initial stage.
yeah though it is risky to be a trader at the moment, in my opinion they never can earn any steady income unfortunately
although not able to get a stable income but could benefit very high, I think a stable income depends on the strategy of each person. if they are experts, they could make a profit everyday of trading.
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August 19, 2016, 07:04:24 PM
 #5384

It would be too risky to quit your job but it would be good for you if you would make use of bitcoin too.
Yeah! it is true that quitting our job is too risky as we might not succeed in focusing with bitcoin. Our job provides us a stable and consistent income while in bitcoin we might lose our money, that's the big difference for everyone who wish to go full time with bitcoin.

There are many people who are full time in bitcoin especially the traders who are making good money with it but to get full time on bitcoin you also need high capital to invest at initial stage.
yeah though it is risky to be a trader at the moment, in my opinion they never can earn any steady income unfortunately
although not able to get a stable income but could benefit very high, I think a stable income depends on the strategy of each person. if they are experts, they could make a profit everyday of trading.
Many people do not think that there will be much to be done and bitcoin. And accordingly and pay for their labor will not be cryptocurrency. This is when the bitcoin will become more popular, then maybe this is possible. And so it is impossible to predict.
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August 19, 2016, 11:02:19 PM
 #5385

I don't know anyone who did it, and making big money right now and it's stoping me everytime, i want to be sure that i can make same or even better profit.

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August 20, 2016, 03:20:40 AM
 #5386

It would be too risky to quit your job but it would be good for you if you would make use of bitcoin too.
Yeah! it is true that quitting our job is too risky as we might not succeed in focusing with bitcoin. Our job provides us a stable and consistent income while in bitcoin we might lose our money, that's the big difference for everyone who wish to go full time with bitcoin.

There are many people who are full time in bitcoin especially the traders who are making good money with it but to get full time on bitcoin you also need high capital to invest at initial stage.
yeah though it is risky to be a trader at the moment, in my opinion they never can earn any steady income unfortunately

Being a trader, yes  you can go full time but the income is not guaranteed for everyday profits. Trading is a good way of source of income but it depends on how you trade the outcome would result in your  trading skills and decision making. Quiting your day job just to go fulltime in bitcoin is a very risky thing to do.

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August 20, 2016, 05:20:58 AM
 #5387

It would be too risky to quit your job but it would be good for you if you would make use of bitcoin too.
Yeah! it is true that quitting our job is too risky as we might not succeed in focusing with bitcoin. Our job provides us a stable and consistent income while in bitcoin we might lose our money, that's the big difference for everyone who wish to go full time with bitcoin.

There are many people who are full time in bitcoin especially the traders who are making good money with it but to get full time on bitcoin you also need high capital to invest at initial stage.
yeah though it is risky to be a trader at the moment, in my opinion they never can earn any steady income unfortunately

Being a trader, yes  you can go full time but the income is not guaranteed for everyday profits. Trading is a good way of source of income but it depends on how you trade the outcome would result in your  trading skills and decision making. Quiting your day job just to go fulltime in bitcoin is a very risky thing to do.
If you aim to have a consistent income in trading you need to have a good amount of capital so you can take advantage of the price fluctuation in a daily basis, even if you are will earn from the little percentage of price fluctuation that would be good to use in your daily expenses. At least if you can earn like $100 a day, that would be good.
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August 20, 2016, 05:25:05 AM
 #5388

As of now, no.  I will not go on a full time on bitcoin.  My vacant time is enough to earn like .004 a day.  It seems low but there is no way I could do more to earn bitcoins.  I mean, aside from earning from signature campaign, there is nothing else to get more bitcoin.  So I will still do my job and have bitcoin as my side line job.
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August 20, 2016, 05:28:34 AM
 #5389

It would be too risky to quit your job but it would be good for you if you would make use of bitcoin too.
Yeah! it is true that quitting our job is too risky as we might not succeed in focusing with bitcoin. Our job provides us a stable and consistent income while in bitcoin we might lose our money, that's the big difference for everyone who wish to go full time with bitcoin.

There are many people who are full time in bitcoin especially the traders who are making good money with it but to get full time on bitcoin you also need high capital to invest at initial stage.
Maybe you can say that because you are just hearing one side of the story, not all traders are making money because if that is easy we are all into trading now, it needs a good skills and knowledge to be successful if not we will just doing it like a gambling that we rely on luck alone.
Well agree with you not all trader are lucky to get more profit when they trade , other trader get big loss when they accidentally buy shit coin. And they just hold they coin even though there just loosing there capital but don't have a choice but to hold it than loosing so much money.
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August 20, 2016, 06:02:26 AM
 #5390

It would be too risky to quit your job but it would be good for you if you would make use of bitcoin too.
Yeah! it is true that quitting our job is too risky as we might not succeed in focusing with bitcoin. Our job provides us a stable and consistent income while in bitcoin we might lose our money, that's the big difference for everyone who wish to go full time with bitcoin.

There are many people who are full time in bitcoin especially the traders who are making good money with it but to get full time on bitcoin you also need high capital to invest at initial stage.
Maybe you can say that because you are just hearing one side of the story, not all traders are making money because if that is easy we are all into trading now, it needs a good skills and knowledge to be successful if not we will just doing it like a gambling that we rely on luck alone.
Well agree with you not all trader are lucky to get more profit when they trade , other trader get big loss when they accidentally buy shit coin. And they just hold they coin even though there just loosing there capital but don't have a choice but to hold it than loosing so much money.
That is part of the journey in trading, there are coins that has a good potential to be big in the future but suddenly it becomes a shit coins and you will surely lose a lot of money if you do not know how to diversify your investment.

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August 20, 2016, 06:12:38 AM
 #5391

It would be too risky to quit your job but it would be good for you if you would make use of bitcoin too.
Yeah! it is true that quitting our job is too risky as we might not succeed in focusing with bitcoin. Our job provides us a stable and consistent income while in bitcoin we might lose our money, that's the big difference for everyone who wish to go full time with bitcoin.

There are many people who are full time in bitcoin especially the traders who are making good money with it but to get full time on bitcoin you also need high capital to invest at initial stage.
Maybe you can say that because you are just hearing one side of the story, not all traders are making money because if that is easy we are all into trading now, it needs a good skills and knowledge to be successful if not we will just doing it like a gambling that we rely on luck alone.
Well agree with you not all trader are lucky to get more profit when they trade , other trader get big loss when they accidentally buy shit coin. And they just hold they coin even though there just loosing there capital but don't have a choice but to hold it than loosing so much money.
That is part of the journey in trading, there are coins that has a good potential to be big in the future but suddenly it becomes a shit coins and you will surely lose a lot of money if you do not know how to diversify your investment.

Diversifying your investment is the key in combatting some losses in your trades. Although I am not good yet in trading, (surely will within the year Smiley ) diversifying makes a lot of sense. Because if we put all of our eggs in one basket and that basket fell completely, then all of our eggs is gone.
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August 20, 2016, 06:24:08 AM
 #5392

It would be too risky to quit your job but it would be good for you if you would make use of bitcoin too.
Yeah! it is true that quitting our job is too risky as we might not succeed in focusing with bitcoin. Our job provides us a stable and consistent income while in bitcoin we might lose our money, that's the big difference for everyone who wish to go full time with bitcoin.

There are many people who are full time in bitcoin especially the traders who are making good money with it but to get full time on bitcoin you also need high capital to invest at initial stage.
Maybe you can say that because you are just hearing one side of the story, not all traders are making money because if that is easy we are all into trading now, it needs a good skills and knowledge to be successful if not we will just doing it like a gambling that we rely on luck alone.
Well agree with you not all trader are lucky to get more profit when they trade , other trader get big loss when they accidentally buy shit coin. And they just hold they coin even though there just loosing there capital but don't have a choice but to hold it than loosing so much money.
That is part of the journey in trading, there are coins that has a good potential to be big in the future but suddenly it becomes a shit coins and you will surely lose a lot of money if you do not know how to diversify your investment.

Diversifying your investment is the key in combatting some losses in your trades. Although I am not good yet in trading, (surely will within the year Smiley ) diversifying makes a lot of sense. Because if we put all of our eggs in one basket and that basket fell completely, then all of our eggs is gone.
Yeah, that's right and I am saying that base on my experience, I have tried to trade this coins name LIR and I put a decent amount because I think it is very promising but it does not work the way I expect it to happen so now I regret it and my coins are stuck because I cannot sell it for profit.

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August 20, 2016, 07:58:29 AM
 #5393

It would be too risky to quit your job but it would be good for you if you would make use of bitcoin too.
Yeah! it is true that quitting our job is too risky as we might not succeed in focusing with bitcoin. Our job provides us a stable and consistent income while in bitcoin we might lose our money, that's the big difference for everyone who wish to go full time with bitcoin.

There are many people who are full time in bitcoin especially the traders who are making good money with it but to get full time on bitcoin you also need high capital to invest at initial stage.
yeah though it is risky to be a trader at the moment, in my opinion they never can earn any steady income unfortunately

Being a trader, yes  you can go full time but the income is not guaranteed for everyday profits. Trading is a good way of source of income but it depends on how you trade the outcome would result in your  trading skills and decision making. Quiting your day job just to go fulltime in bitcoin is a very risky thing to do.
To be successful in trading, you need a lot of experience and knowledge in it. It cannot be done in a day. So before you quit your job to do trading, be sure you are already well versed in trading and can sustain an income. Otherwise, do it both so can have an income while mastering trading.
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August 20, 2016, 08:31:58 AM
 #5394

It would be too risky to quit your job but it would be good for you if you would make use of bitcoin too.
Yeah! it is true that quitting our job is too risky as we might not succeed in focusing with bitcoin. Our job provides us a stable and consistent income while in bitcoin we might lose our money, that's the big difference for everyone who wish to go full time with bitcoin.

There are many people who are full time in bitcoin especially the traders who are making good money with it but to get full time on bitcoin you also need high capital to invest at initial stage.
yeah though it is risky to be a trader at the moment, in my opinion they never can earn any steady income unfortunately

Being a trader, yes  you can go full time but the income is not guaranteed for everyday profits. Trading is a good way of source of income but it depends on how you trade the outcome would result in your  trading skills and decision making. Quiting your day job just to go fulltime in bitcoin is a very risky thing to do.
To be successful in trading, you need a lot of experience and knowledge in it. It cannot be done in a day. So before you quit your job to do trading, be sure you are already well versed in trading and can sustain an income. Otherwise, do it both so can have an income while mastering trading.
I think its better to earn from both of them as depending only on bitcoin can be risky, price may go very low in future and that will result in low income which may not take care of our expenses.
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August 20, 2016, 09:06:57 AM
 #5395

It would be too risky to quit your job but it would be good for you if you would make use of bitcoin too.
Yeah! it is true that quitting our job is too risky as we might not succeed in focusing with bitcoin. Our job provides us a stable and consistent income while in bitcoin we might lose our money, that's the big difference for everyone who wish to go full time with bitcoin.

There are many people who are full time in bitcoin especially the traders who are making good money with it but to get full time on bitcoin you also need high capital to invest at initial stage.
yeah though it is risky to be a trader at the moment, in my opinion they never can earn any steady income unfortunately

Being a trader, yes  you can go full time but the income is not guaranteed for everyday profits. Trading is a good way of source of income but it depends on how you trade the outcome would result in your  trading skills and decision making. Quiting your day job just to go fulltime in bitcoin is a very risky thing to do.
To be successful in trading, you need a lot of experience and knowledge in it. It cannot be done in a day. So before you quit your job to do trading, be sure you are already well versed in trading and can sustain an income. Otherwise, do it both so can have an income while mastering trading.
I think its better to earn from both of them as depending only on bitcoin can be risky, price may go very low in future and that will result in low income which may not take care of our expenses.
Better to be safe than sorry because bitcoin is just new to our life and it could not last for long. Just enjoy the moment and get the opportunity to earn while bitcoin's economy is so successful, let us do support bitcoin as it can also give us a good income when it succeeds more.

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JumperX
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August 20, 2016, 09:38:39 AM
 #5396

It would be too risky to quit your job but it would be good for you if you would make use of bitcoin too.
Yeah! it is true that quitting our job is too risky as we might not succeed in focusing with bitcoin. Our job provides us a stable and consistent income while in bitcoin we might lose our money, that's the big difference for everyone who wish to go full time with bitcoin.

There are many people who are full time in bitcoin especially the traders who are making good money with it but to get full time on bitcoin you also need high capital to invest at initial stage.
yeah though it is risky to be a trader at the moment, in my opinion they never can earn any steady income unfortunately

Being a trader, yes  you can go full time but the income is not guaranteed for everyday profits. Trading is a good way of source of income but it depends on how you trade the outcome would result in your  trading skills and decision making. Quiting your day job just to go fulltime in bitcoin is a very risky thing to do.
To be successful in trading, you need a lot of experience and knowledge in it. It cannot be done in a day. So before you quit your job to do trading, be sure you are already well versed in trading and can sustain an income. Otherwise, do it both so can have an income while mastering trading.
I think its better to earn from both of them as depending only on bitcoin can be risky, price may go very low in future and that will result in low income which may not take care of our expenses.
Better to be safe than sorry because bitcoin is just new to our life and it could not last for long. Just enjoy the moment and get the opportunity to earn while bitcoin's economy is so successful, let us do support bitcoin as it can also give us a good income when it succeeds more.

Bitcoin is always good as an additional income and its giving us an best opportunity to do so at a moment, so I think we should concentrate on both the things to earn more money rather then going for a single one.
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August 20, 2016, 09:53:21 AM
 #5397

It depends on the job, and the level of stability, of course. But as we can see, things are not very stable in crypto lately.
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August 20, 2016, 10:15:54 AM
 #5398

It depends on the job, and the level of stability, of course. But as we can see, things are not very stable in crypto lately.

If we are just going to think of it clearly, it is very hard if we are going to depend only with your full time job and it is going to be good if you are going to have a lot of sources of income. And it is going to be better if you are going to able to have your time for both of it. It seems that many are working for bitcoin in full time here.

have income from various sources it is very good if you are able to manage the time for it, but if you can not manage a good time it will be chaotic. so better take jobs that have higher incomes.

.
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August 20, 2016, 10:31:09 AM
 #5399

It depends on the job, and the level of stability, of course. But as we can see, things are not very stable in crypto lately.

If we are just going to think of it clearly, it is very hard if we are going to depend only with your full time job and it is going to be good if you are going to have a lot of sources of income. And it is going to be better if you are going to able to have your time for both of it. It seems that many are working for bitcoin in full time here.

have income from various sources it is very good if you are able to manage the time for it, but if you can not manage a good time it will be chaotic. so better take jobs that have higher incomes.

Yes its always good to have multiple sources of income but that is only possible if you hold good time management skills, and if you have it then you can easily make good money in different ways.
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August 20, 2016, 11:46:15 AM
 #5400

It depends on the job, and the level of stability, of course. But as we can see, things are not very stable in crypto lately.

That's one good reason why we should not yet quit our job yet... Unstable price and inconvenience of holding it coz you can't use it as it is when you want to purchase something in markets and malls... It's not that practical if we would buy a bitcoin and then convert it back to fiat later because we have to use the money...

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