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Author Topic: Is It advisable to quit my present job for bitcoin?  (Read 14050 times)
JMD07
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March 01, 2018, 09:34:00 AM
 #2221

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 it's very risky. Quit your job and you will lose a stable source of income. Investing in bitcoin is risky, and it's not guaranteed to bring benefits to you, so you need to think about whether you have the ability to support you and your family through bitcoin.
If you had already made a big capital for your daily trading it seems good to take full time on that activities rather than divide your time with your present job. Crytocurrency technology has a big opportunity if you know how to handle and manage it properly. The profits can be increase exponentially if you catch the best altcoins among hundreds of them. Please study the consequence if you quit your job you will lose that income and the cryptomarket has no assurance that this will be profitable in the coming days.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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AltheaHeart14
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March 01, 2018, 10:41:00 AM
 #2222

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

 In my opinion it is not practical to quit your job for bitcoin trading, since you know that price of bitcoin was unstable and because of it volitality it is to risky to depend to support your need and because of that i think it is practical to have stable job so to have income for you to support your daily needs, but If you feel that or if  you have a enough resources to support your needs while focusing in bitcoin trading why not,

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yvonnegalvan
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March 01, 2018, 11:19:21 AM
 #2223

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
in my opinion, we should not quit our job because bitcoin, because we don't know if bitcoin is stable, so that I think much better if we don't need to quit our job. But we can also work while doing bitcoin.
lucy94
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March 01, 2018, 11:21:34 AM
 #2224

I would not do that, because the cryptocurrency market is very unpredictable, so you can never be sure about the amount of income you can make with this. Additionally, I would recommend continuing your current job and pouring some amount of your income into cryptocurrencies. It would increase your investment and your chances of making more money out of it.
As I said, the cryptocurrency market is complex and you will need time and effort to learn more and practice more to get good experience. Thus, if something goes wrong on your way, you will always know that you have other options of income.  
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March 01, 2018, 11:22:38 AM
 #2225

Well for me I find leaving your current job for Bitcoin very risky unless you have already earned a lot from it that you can put up a small business. I strongly believe that Bitcoin is something that can be a secondary source of income but not the primary due to its volatility you cannot just put all your bills and daily needs at a pause if the market is red. So better have something as the primary source of income so you can really do some strategies on your Bitcoin activities without thinking twice.
bornMercurial
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March 01, 2018, 12:02:53 PM
 #2226

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
If I were you I would not stop with the job I have now. Although I know Bitcoin is more profitable than my current job. Most importantly I can divide my time between my real job and the job at Bitcoin. Choosing both I think it's more profitable. As long as we can still run what's in front of us, why should we choose? You just need to divide the time.
codered000
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March 01, 2018, 12:20:44 PM
 #2227

The risk you'll be taking so high because cryptocurrency is not yet stable and very unpredictable. Unlikely your current job where you have a fix income and you're sure that you'll be taking home your earnings by the end of the month, in bitcoin no one knows if they'll be earning big of end up losing their money because of its volatility. So I suggest to keep both your job and bitcoin to double your income.
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March 01, 2018, 12:30:37 PM
 #2228

It's very riski to quit your job and start something new and unknown withount any guarantees of success. At my opinion better to improve yourself in your sphere.
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March 01, 2018, 12:38:26 PM
 #2229

For me, it is not advisable because it is too risky. It can turn you into being broke, because bitcoin or every crypto currency is very volatile to depend on. And you need a stable financial support if you want to invest in bitcoin for long term investing.
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March 01, 2018, 12:39:17 PM
 #2230

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

If I am to be asked about this kind of matter, I would prefer not to quit my job because it is already a stable way of earning money compare to bitcoins which is not that what you consider to be a life saving way just to sustain everyday living. While I had my work , I'm also engaging in bitcoins and earning from it simultaneously. And truth to be told, it doesn't affect what I do on my current work. In my opinion is it is just a better way to have many ways to earn money rather depending on just a single means provided that it won't conflict on each other.



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Rainbot
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eolitic
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March 01, 2018, 12:44:08 PM
 #2231

if you have enough money to live on, so you can wait or you can loose the invested money and you don't like your current job, or you don't any dependents - then why not. in addition to it, i have just read the information about bitcoin, on the 26th of February a new version of Bitcoin 0.16.0 was released, it should definitely make changes in transaction fees and the poor scalability of bitcoin. i am pretty sure the growth of the price is near.
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March 01, 2018, 12:44:40 PM
 #2232

Do you have an income right now with your job??? If not, then dont quit anything. You need funds to buy bitcoins... so dont do anything crazy ok
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March 01, 2018, 12:48:46 PM
 #2233

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 you better keep your job because bitcoin can not be a guarantee you will always benefit here and bitcoin price is always changing so your income in bitcoin also can not be ascertained will be fixed

andika2018
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March 01, 2018, 12:51:01 PM
 #2234

For me, it is not advisable because it is too risky. It can turn you into being broke, because bitcoin or every crypto currency is very volatile to depend on. And you need a stable financial support if you want to invest in bitcoin for long term investing.

I am agree that its too risky if we quit from job for bitcoin. I am believe that if we can manage our time we can do our job and get some bitcoin. Investing on bitcoin is very profitable but its much better if we are keep our financial safe
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March 01, 2018, 12:52:31 PM
 #2235

No not yet. You can always do bitcoin as a part time even if you have a regular job unless you are earning that biig like millions. Bitcoin is unstable, the price goes up and down. Although there is an advantage of its being volatile but you have to have money to support yourself if the prices goes down.
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March 01, 2018, 01:04:41 PM
 #2236

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 you better keep your job because bitcoin can not be a guarantee you will always benefit here and bitcoin price is always changing so your income in bitcoin also can not be ascertained will be fixed
Yes I agree, we do not need to leave a job for bitcoin, for almost a year I know and earn earning from bitcoin I never waste time for bitcoin, I just buy in exchanges then once every week check the price, if profit is more than 10% then I sell , and that I did about 1 hour.
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March 01, 2018, 01:07:00 PM
 #2237

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 you better keep your job because bitcoin can not be a guarantee you will always benefit here and bitcoin price is always changing so your income in bitcoin also can not be ascertained will be fixed
Yes I agree, we do not need to leave a job for bitcoin, for almost a year I know and earn earning from bitcoin I never waste time for bitcoin, I just buy in exchanges then once every week check the price, if profit is more than 10% then I sell , and that I did about 1 hour.
Why not? Some people does it, they are quitting their job just to do full time here that is why sometimes I am thinking well if is it really worth it to go and enter College if you have this kind of opportunity? Now I am double mind, but still I want to push my study no matter what.
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March 01, 2018, 01:10:08 PM
 #2238

It takes time to learn in cryptocurrency in fact you never stop learning. Quiting from your job is not advisable because there is no consistency in crypto industry if you feel comfortable and you trust your knowledge and have some long term plan to survive so why not.

Your life your choice buddy think wisely  Wink
miradorme
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March 01, 2018, 01:19:15 PM
 #2239

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
Do not quit your job especially if you are stable because we doesn't know when bitcoin will last. Just only make bitcoin as your partime job. Save and save, work and work and if you save enough and you know it is enough for your future and for your family then it is time to quit in your job and be a full time bitcoiner.
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March 01, 2018, 01:21:27 PM
 #2240

This depends on earning, if I can earning from bitcoin at least $ 5000 per month then that's enough reason to quit my job, but I still get a bit (not more $100) so I still rely on job rather than bitcoin.

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