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Author Topic: Is It advisable to quit my present job for bitcoin?  (Read 14050 times)
albert11
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January 12, 2018, 02:42:08 PM
 #1421

Bitcoin trading these days has become so rucreative that I am tempted to quit my present job which is not giving me enough time to explore more out of bitcoin world...

What's your take on this, should I go ahead and quit?

Thanks
This one is a bit hard decide on. There are a lot of things to consider in your life before quitting your old job for bitcoin. You have to consider first your daily expenses, previous income, and your expected income when you quit your job and do bitcoin. But for me, I suggest that bitcoin just only serves as a source of your passive income. Since bitcoin is not that hard to manage, I think you can still maintain your regular day job while doing bitcoin. In that way you earn more instead of bitcoin only.

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January 12, 2018, 02:45:17 PM
 #1422

Bitcoin trading these days has become so rucreative that I am tempted to quit my present job which is not giving me enough time to explore more out of bitcoin world...

What's your take on this, should I go ahead and quit?

Thanks
I do not think you should quit your job to concentrate on crypto because I do not think you can succeed in this area. A lot of people have decided as you and they have failed, they lose all their money and become unemployed.

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January 12, 2018, 02:46:52 PM
 #1423

Bitcoin trading these days has become so rucreative that I am tempted to quit my present job which is not giving me enough time to explore more out of bitcoin world...

What's your take on this, should I go ahead and quit?

Thanks
no why would you quit if your salary or your receiving your salary consistently unlike in bitcoin when joining a campaign sometimes you need to wait for almost 3 months just to get paid if I were you I will just use bitcoin when I have free time make it as your part time job the value of bitcoin is unstable you can not depend on bitcoin too much.
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January 12, 2018, 02:47:35 PM
 #1424

Having such an opportunity to improve your knowledge with the concepts of cryptocurrencies such as bitcoin. As I am also a working professional, I can advice you just to balance your job and pursue your willingness to manage trading/investing with bitcoin.
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January 12, 2018, 03:01:54 PM
 #1425

If our income from bitcoin has reached 3x or more why do we still want to work? I was tired of my office routine and made me resign and learn a lot about business and investment right now.

I agree with you. if my income from bitcoin reached 3x or more from my present job. maybe my present job will be my sideline job.
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January 12, 2018, 03:04:36 PM
 #1426

Bitcoin trading these days has become so rucreative that I am tempted to quit my present job which is not giving me enough time to explore more out of bitcoin world...

What's your take on this, should I go ahead and quit?

Thanks
I don't think it's a good idea. If you're going to quit your present job to focus on bitcoin, you will be more open to any potential risks that may occur anytime. This risk may occur during a failure within a campaign or a scam wherein not having a job will surely make you helpless since you're not going to earn anything from it. If you are planning to do such things, make sure that you have plent of money.
I agree with you. Trading has a lot of risks and it is not stable. I think you should continue your present job and Bitcoin maybe will be your part time job if you want to get more income. Moreover, trading Bitcoin require a big investment capital. Therefore, If you have a small amount of money, you shouldn't invest in Bitcoin.

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January 12, 2018, 03:10:54 PM
 #1427

Bitcoin trading these days has become so rucreative that I am tempted to quit my present job which is not giving me enough time to explore more out of bitcoin world...

What's your take on this, should I go ahead and quit?

Thanks
You should not quit your job. Actually, we do have the same situation. I have a job, kids to take care of and a wife with a mouth like a chicken. I come to the point that I want to quit my job because it consumes my time every day. 9 hours of work and 5 hours of travel time. So during travel time, I open this forum and when I am in work, I trade while working and lastly, when in home, taking care of my kids. From time to time, you will learn how to manage your time.

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January 12, 2018, 03:12:39 PM
 #1428

For me its a big no you dont need to quit a job with bitcoin because your erning is not always some are scam and other dont pay us easilt
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January 12, 2018, 03:14:46 PM
 #1429

Quiting your present job for bitcoin is not a good idea because having both will make you earn money faster and have a active living if you have an active job. I'd say it is only advisable if you are satisfied on what you want to earn if bitcoin can provide it for you, but just thinking about having bitcoin only for your living source in life is kind of a more relaxable way than having an active job.
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January 12, 2018, 03:22:28 PM
 #1430

Quiting your present job for bitcoin is not a good idea because having both will make you earn money faster and have a active living if you have an active job. I'd say it is only advisable if you are satisfied on what you want to earn if bitcoin can provide it for you, but just thinking about having bitcoin only for your living source in life is kind of a more relaxable way than having an active job.

Yeah having a job provides you with extra money to invest. I invest some of my salary to bitcoins but I closely watch the price as it goes zip-zap all the time.

Investing huge amounts of money is not recommended as the cryptocurrency might loose value one day. You will never know as I heard in the news, governments began regulating and some even banning cryptocurrency. I advise you to keep a daily track of the price and always read the news to know what the governments plan for Bitcoin.

Try investing in other cryptocurrencies too like Ethereum and Litecoin.

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January 12, 2018, 03:24:39 PM
 #1431

Admittedly, we can earn bigger in Bitcoin but try to find ways how to manage your time between your job and bitcoin. As for me, It is much better to do both.
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January 12, 2018, 03:26:21 PM
 #1432

Bitcoin trading these days has become so rucreative that I am tempted to quit my present job which is not giving me enough time to explore more out of bitcoin world...

What's your take on this, should I go ahead and quit?

Thanks
Definitely no, why would you? If you can do both then do it. Don't sacrifice anything important just to choose bitcoin. Yes bitcoin is good for us personally but it would be better if we didn't take the other one and leave the remaining. They said it is hard to do a double work in a day. Yes it is, but if you manage your time well there is no impossible things, you can do everything.
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January 12, 2018, 03:27:05 PM
 #1433

I think you should still continue your work, Bitcoin can do as your part-time job.
bitcoin is very unstable.i think  a steady job to protect your life unless you earn money through bitcoin that you think is enough to live a good time.
Yes you can quit a day job and I will tell you about myself when I was doing a day job so at that time I was also a part of bitcoin and I was using bitcoin as part time and believe me my income was very high then my day job then I feel that I need to quit my day and start using of bitcoin as a full time so and now I have a lot of money just because of bitcoin so if someone want to join bitcoin so he can left day job and it will help you.
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January 12, 2018, 03:28:25 PM
 #1434

I worked as a teacher at the University. My salary was very small, so I gladly quit my job, when I earned the first money in the cryptocurrency. I am for 3 months in the world of cryptocurrencies earned about 100 000 USD. More than in my whole life! And 2018 will be the most profitable for me.
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January 12, 2018, 03:28:59 PM
 #1435

Well, if you feel confident enough to make a living with Bitcoin and cryptocurrencies this might be an option. But only if you already have enough funds on the side. But if you are not a pro trader and dont really know what you are doing and just speculating on the markets to grow more and more this might be a really bad idea. A decision like this has to be thought through from all angles. Its something that can be life changing and backfire badly if something bad happens to the markets for some reasons. This said, do whatever you please! But think before acting.
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January 12, 2018, 03:46:36 PM
 #1436

Bitcoin trading these days has become so lucrative that I am tempted to quit my present job which is not giving me enough time to explore more out of bitcoin world...

What's your take on this, should I go ahead and quit?

Thanks
Not recommended, do not you leave something of the old to the new things that you think are better. Lest you will regret it.

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January 12, 2018, 03:50:27 PM
 #1437

Quiting your present job for bitcoin is not a good idea because having both will make you earn money faster and have a active living if you have an active job. I'd say it is only advisable if you are satisfied on what you want to earn if bitcoin can provide it for you, but just thinking about having bitcoin only for your living source in life is kind of a more relaxable way than having an active job.
people tend to quit when they finally knew that they can earn on how much they need to live for and this is can sustain financially but if this may not enough quitting your job are not advisable there is a lot of way and opportunities in bitcoin that you take for but think always the negative side on it if you may choose that for.

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January 12, 2018, 04:54:49 PM
 #1438

If you have a great knowledge about trading , yes but if not no ,  It is not a good idea to quit your present job  because bitcoin can make you lose or win .. while your job is giving you a constant financial assistance
Yes, for me, it is not advisable to quit your present job for bitcoin. I think  working on your job and doing Bitcoin is such a good combination and you have a great assurance that you will gain profit.
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January 12, 2018, 05:03:19 PM
 #1439

Bitcoin trading these days has become so rucreative that I am tempted to quit my present job which is not giving me enough time to explore more out of bitcoin world...

What's your take on this, should I go ahead and quit?

Thanks

I think NO:)
It's still assuring knowing that you have a permanent job. Bitcoin may be giving more than what your permanent job does but Bitcoin must be considered an alternative only:)
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January 12, 2018, 05:05:41 PM
 #1440

If you already have a good trading portfolio then yes. Or if you have enough to sustain yourself for 1-2 years even after putting in 20-30% of your funds into Crypto, then why not? But if not..you will not have a place to fall back into and it is very risky.
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