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Author Topic: How many people left their full-time employment to go into Bitcoin?  (Read 10617 times)
dioanna
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October 15, 2017, 03:03:40 PM
 #481

I was talking to a friend the other day and he told me that two of his friends has left their full-time employment to concentrate on their Bitcoin ventures. < One in Crypto currency trading and the other into imports & exports, linked to ecommerce >

In light of the fact that Bitcoin is still experimental and very volatile, would you say that this was a good or a bad decision and would you do the same?

How many people have done this already?

I dont know the exact number actually of those amongst my friends who quit their jobs for bitcoin
but i know most of them are unemployed and getting their profits in bitcoin alone
as for me i decided to go back to my previous job and just stayed at home doing task here in the forum and trading alts

felipe04
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October 15, 2017, 03:07:14 PM
 #482

If you have business in real world and job you can left your job then join here in bitcoin while you have business for more income and to secure the financial of your life i think also dont leave your job by bitcoin for more secure and assurance in terms of money because the income in business and here in bitcoin is volatile you can predict if this is going to be alright in the future
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October 16, 2017, 09:49:23 AM
 #483

much. i dont know how much. but my friend take all time to playing bitcoin. and bitcoin be main job's friend.
you know, need hard work and more time, focus to be success here, everyone want to do and do it must be success.

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October 16, 2017, 10:14:42 AM
 #484

much. i dont know how much. but my friend take all time to playing bitcoin. and bitcoin be main job's friend.
you know, need hard work and more time, focus to be success here, everyone want to do and do it must be success.
i dont agree on you bitcoin is not a play it is an investment .i think there are many people left thier job and transfer full time to bitcoin because  as we see bitcoin is really profitable .i think the people who are candidate of lefting thier job is the people who gain big in bitcoin and they make their earnings from bitcoin a capital to build a business.business is better than working in a company it is more profitable and you have a time freedom and you can have mpre time in doing bitcoin.
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October 16, 2017, 10:28:26 AM
 #485

I'm not going to quit my job, for BTC sake and with income options with him. Too not stable and risky for a person who has a family.

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October 16, 2017, 10:37:13 AM
 #486

I think their are a lot of people who left job for to focus on Bitcoin. It's too risky to engage in such industry that is volatile. Maybe there are some who succeeded and some do fail and go back to their regular job. Bitcoin is not a bad investment but be sure to have a lot back up plans. Once the industry  collapse.
lucifochrome
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October 16, 2017, 10:37:25 AM
 #487

Do not just leave a dayjob and go straight to bitcoin. As the saying goes, do not put your eggs in one basket. This can be true. You may do good with bitcoin but there is the possiblity that you wont do any good with bitcoin either. Jumping right into bitcoin leaving the day job is not the best idea. Realistically you will have bills to pay and with bitcoin alone that cannot be settled, plus you got to eat everyday where will the money come from, and if you have vices that is another thing. What i suggest is continue doing your day job. Bitcoin is an investment once you have something like 3 to 10 million dollars in bitcoin then i think you can quit your job and do whatever you want to do.
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October 16, 2017, 10:37:54 AM
 #488

I'm not going to quit my job, for BTC sake and with income options with him. Too not stable and risky for a person who has a family.
Yes you have a point. When it comes to being practical I think it is better to have both especially when you don't earn much from bitcoin. But when you combine both of your income it is more than enough that is why it is still much better to hold on to your job when you're not so sure about it.
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October 16, 2017, 11:14:36 AM
 #489

Many of my friends are quitting their jobs to focus on Bitcoin since they found that they can make much more money from Bitcoin trading or buying online.
Well, i can understand their point of view, the old job is so hard and not paying well, and they have high potential that they have the chance to exploit with Bitcoin related jobs.
But, what will happen in the future, what if bitcoin will dissapear, will they be able to get their jobs back. That's the most thing that makes me affraid and don't make this step.

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October 16, 2017, 01:25:38 PM
 #490

If you have business in real world and job you can left your job then join here in bitcoin while you have business for more income and to secure the financial of your life i think also dont leave your job by bitcoin for more secure and assurance in terms of money because the income in business and here in bitcoin is volatile you can predict if this is going to be alright in the future
Yes this is right about 50% in 100% people leave their jobs and give all the time to bitcoin but I think this is really risky because the price of bitcoin is not constant and can cause loss to your hard work, according to me no one need to leave their jobs for bitcoin and just added bitcoin is you life without leaving jobs.
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October 16, 2017, 01:29:09 PM
 #491

If you have business in real world and job you can left your job then join here in bitcoin while you have business for more income and to secure the financial of your life i think also dont leave your job by bitcoin for more secure and assurance in terms of money because the income in business and here in bitcoin is volatile you can predict if this is going to be alright in the future
The best way here is not to leave jobs for bitcoin, I know there are a lot of people who left their jobs and I think 50% people also leave which is not good. I think they need to invest in bitcoin with their jobs and get profit from both sides this will make a lot of profit for them and this will be safe for their future.
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October 16, 2017, 01:40:29 PM
 #492

I have friends that left their jobs and focus full time on bitcoin. Most of them are offering services in exchange of bitcoin and have trading cryptos on the side. They say that earn much more in what they are doing now compared to what they earn when they have a job. Well it takes time and knowledge to do this so I think that is not  for everyone. Trading needs capital to have enough profit to sustain your daily needs plus it has a very high rish of losing it. On the other hand, offering services needs skills that you excel so that you can have good impression to your future client.
It is really hard to believe that people made a decision on leaving their jobs to go full time with Bitcoin. For me it is really risky for me on making Bitcoin as my on source of income as the price changes to often compared to a fiat currency. Having a volatile currency as your main currency has it own consequences in your daily life one of the biggest is the risk of having a lower buying power at any time. What will happen to you if Bitcoin drops back at 2000$? Of course you cannot adapt well as you don't have Fiat currency backing you.

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October 16, 2017, 01:50:49 PM
 #493

Many of my friends are quitting their jobs to focus on Bitcoin since they found that they can make much more money from Bitcoin trading or buying online.
Well, i can understand their point of view, the old job is so hard and not paying well, and they have high potential that they have the chance to exploit with Bitcoin related jobs.
But, what will happen in the future, what if bitcoin will dissapear, will they be able to get their jobs back. That's the most thing that makes me affraid and don't make this step.
Yeah, bitcoin is a good opportunity for so many people, it gives them a job with a high income, working time is dependent on them, it is not binding, they can do at home or anywhere with an internet connection and because of these reasons many people give up their main job. However, they do not know that bitcoin is a double-edged sword, not everyone can succeed and make a lot of money with it, the income with bitcoin is never stable, they are gambling with their future, if they succeed with bitcoin, they will have what they want but if they fail, they lose everything and they can hardly start over. So if anyone thought about quitting the job and focus on Bitcoin, they should think carefully, this decision will affect a lot of their future

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October 16, 2017, 02:11:44 PM
 #494

I've had the decision to quit my current job to get involved in bitcoin, but I realized the bitcoin could not exist forever so I ignored this intention.
Bellator
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October 16, 2017, 02:29:11 PM
 #495

Many of my friends are quitting their jobs to focus on Bitcoin since they found that they can make much more money from Bitcoin trading or buying online.
Well, i can understand their point of view, the old job is so hard and not paying well, and they have high potential that they have the chance to exploit with Bitcoin related jobs.
But, what will happen in the future, what if bitcoin will dissapear, will they be able to get their jobs back. That's the most thing that makes me affraid and don't make this step.
Yeah, bitcoin is a good opportunity for so many people, it gives them a job with a high income, working time is dependent on them, it is not binding, they can do at home or anywhere with an internet connection and because of these reasons many people give up their main job. However, they do not know that bitcoin is a double-edged sword, not everyone can succeed and make a lot of money with it, the income with bitcoin is never stable, they are gambling with their future, if they succeed with bitcoin, they will have what they want but if they fail, they lose everything and they can hardly start over. So if anyone thought about quitting the job and focus on Bitcoin, they should think carefully, this decision will affect a lot of their future
working 8 hours a day with a very cheap salary is the most common scenario, that's why many people leave their jobs to focus bitcoins.Comparing to their salary making money in bitcoin is more easy way.If you have just time management and knowledge enough this surely gives you what you want.

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October 16, 2017, 02:53:49 PM
 #496

I think it's wise to stay on your fulltime job, if your income is not that great yet with bitcoin. though i have many friend that leaving their fulltime job to focus on bitcoin. well, im not say that's wrong way too. every people have their own consideration  Smiley

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October 16, 2017, 05:03:36 PM
 #497

I'm thinking about it, it will take a while for sure, but in 2 or 3 years it might be possible.

What are people doing to earn money with bitcoin? I'm doing day trading mostly.
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October 18, 2017, 09:48:06 PM
 #498

For me, it's not a bad idea to leave your Job and focus on Bitcoin. for as long as you have some savings to cover your expenses for the meantime. But I would suggest to still find a decent Job or make your own business. Just in case things got worst in Bitcoin, you still have options to earn money. having multiple resources is a good thing. so instead of leaving your Job, why not do both if you can?

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October 18, 2017, 10:27:03 PM
 #499

We realy dont know if how many people already quit there job and choose bitcoin as there first priority i think a lot of people already but for me i still need a work at the moment

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October 19, 2017, 12:23:12 PM
 #500

I think that it makes no sense to leave your main full-time job. You can try to combine both. I'm trying to combine my study at the university, my main job and Bitcoin. And I can not leave anything. Because I need knowledge, work experience and additional income that Bitcoin gives me. But it is difficult and time consuming of course.
I think nobody left his full time job and why he should do this, because bitcoin is not permanent job and nor the income is permanent. Those who have invested do not take money regularly from their bitcoin wallet because I think the purpose of investment in bitcoin is not for daily use. It is all for future needs and desires. Therefore I think that leaving a permanent job is not a sensible decision.
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