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Author Topic: Is It advisable to quit my present job for bitcoin?  (Read 14050 times)
tbterryboy
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December 21, 2017, 10:31:52 AM
 #841

Majority of the users have stated that they make a good earning through bitcoin than their own day Job. That might help lead their life in a better way or improve the standard of living. For the same leaving the day job is not the right decision. This is all because of the uncertainty that is associated with the entire cryptocurrencies.

True,even though the earnings are good when it comes to crypto currencies, it is still not stable and volatility will surely have a big effect on it. Many are saying that earnings in bitcoin is bigger than salaries in regular jobs, still, leaving your regular work is not a good decision especially if your earnings in bitcoin is not stable. Try to think about it first and make sure that you can still live right even if the price of bitcoin dumps again.

Bitcoin surely gives a good comfort and make living easier when it comes to financial but you have to consider that cryptos are not always on rise therefore profit is not stable.
That's the idea what exactly he wants to do if he has to leave his job for bitcoin. I will advice to start with it maybe his free hours, after work or sundays, with time if he sees a good return he consider leaving. By that time he would gotten enough to live on while he left job
Everyone wants to live in comfort but of course to be able to do that we must have the money for that. Even if many people are saying that through bitcoin, you will be able to that you must still see for yourself. Not all people succeeds in earning bitcoin so if some other people have succeed through investing in bitcoin, it doesn't mean that you will too (well, of course we can try). We are not forced to allot our whole day in bitcoin but you can choose if you want to concentrate in it, just make sure that you will be able to financially. The income here is not stable and if you leave your job without funds to support you, you will end up in a bad situation.
The answer to this question will be yes by everyone. There is no job in the world that does not suck badly and there are numerous reason contributing to this thing such as stubborn boss, unfriendly environment and so on. Well I have seen many people who have left jobs because they were doing great with digital currencies especially bitcoin. In short, bitcoin can make you earn more than what your job is offering you.
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KesoNie
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December 21, 2017, 10:55:32 AM
 #842

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

ofcourse it is not advisable to quit your job for bitcoin! anything can happen to bitcoin. it can go down as fast as it goes up, So it is good if you have a stable income coming from your job Plus I think you can do bitcoin while working because it doesn't consume much time. Bitcoi just serve as your external source of income so you can same more money!
yes it is not advisable to quit your job and expect all your needs and your family needs in bitcoin. Though bitcoin can provide your needs but you can't really rely on bitcoin because of its unpredictable status and inconsistent situation most especially in its price. Just do both you job and bitcoin at the same time, I guess its not that hard though.
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December 21, 2017, 11:03:31 AM
 #843

I think for me it is not advisable to quit or sacrifice your job for bitcoin. The company of bitcoin will guide you to become successful in managing your excess income.
They not tolerate you to become independent with them because aside from them you are the one who will create your own future.
In mybown opinion I would definitely not quitting my job because of the reason that I have earned enough in bitcoin. Mybe ues, bitcoin gives me a salary that was double on my monthly salary in my job but as long as I didn't see that my savings is not worth  for the next five years then I would definitely do both although I know that it is hard thing to do.
RKSummer
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December 21, 2017, 11:04:20 AM
 #844

you'll still have to do some job to make money. so you are not really quitting job in general!
and depending on that job you do, you may earn a lot more or a lot less. for example trading that you have in mind can be a beast of a thing when you go all in and become more serious about it. you invest a larger amount and then the stress that you will experience every day when there is the smallest swings may make you make mistakes and mistakes on a large investment is costly.

Bitcoin price today is very promising. It is skyrocketing. A very good opportunity to earn great profit.With profits like that, it’s no wonder why people are quitting their jobs to become full-time Bitcoin traders.
And I think it is not advisable to quit in a job for bitcoin. Work hard for the real job and work hard in bitcoin at the same time to have more investment and more assets to gain and you can be confidently stable financially.

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December 21, 2017, 11:05:48 AM
 #845

Don't be silly. Keep your job and invest your surplus income into whatever asset you think will out perform the market lo g term (whether that's BTC or something else).
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December 21, 2017, 11:06:32 AM
 #846

In order to make the right decision, you need to think it over very well. To count all the pluses and minuses. Think about how your life and work will develop further. You do not need to sue.
Traslavin
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December 21, 2017, 11:08:56 AM
 #847

If you have already lots of bitcoin to spend then why continue working? I think if your really into bitcoin choose an early retirement, that way you can relax and focus to your earnings.
The one question is your savings is already enough for you and your family needs in the following months or year? Does your income in your job is really that hard enough to earn that's why you prefer to quit in your present job? If the answer is yes then I guess you should think it twice and make a wise decision out of your confusions.

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December 21, 2017, 11:13:09 AM
 #848

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
The problem is if you have an enough saving to provide your daily need and your family's daily needs. And if you also have a money to invest in bitcoin, why not? Grab the opportunity.

olatslodi
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December 21, 2017, 11:28:48 AM
 #849

It depend on your wage and your happines on your present job. Not for all people bitcoin is easy thing but for a lot of people bitcoin is guiding us to increase our money from bitcoin. However, Bitcoin currently gives us a great opportunity to earn more income than any other work.
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December 21, 2017, 11:33:39 AM
 #850

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. I think you should manage your time in handling both of your job. Don't quit. It is very risky to quit your permanent job for trading in bitcoin. I know you can do both of it at the same time. No need to choose between them. But if you are mot hapoy  with your permanent job then I can't stop you from quitting it is still your choice.

Faroxx
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December 21, 2017, 11:53:38 AM
 #851

I think you have the right to do it. But remember - you refuse to huge profits.
vincentbeth934
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December 21, 2017, 11:54:42 AM
 #852

Working + Bitcoin is actually possible especially in some things that really don't take up much time like long term investing.
ledinasaliasi
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December 21, 2017, 11:59:34 AM
 #853

i think yes, nowadays we no longer need to work in company anymore but still be able to get incomes from online working, or trading bitcoin, so we can quit our present job but it can be quite boring if we just stay at home working.
Scavagers
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December 21, 2017, 12:37:43 PM
 #854

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
well it depends on your current job, you can measure which is more important and where you can earn more consistently.If you are a professional,I recommend not to quit your job for the sake of doing bitcoin because the years you spent studying will put into vain. If you think you are going to earn more money through bitcoin than working, you might want to do them both at the same time, it is still possible but if you find having a hard time managing your work and bitcoin, then that is the time to think about what is more important to you.
hajimasan
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December 21, 2017, 12:39:46 PM
 #855

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 that you need to quite from your job for bitcoin , here I am not saying that job is more better than to work in bitcoin .
Here I meant to say that you should do job with bitcoin work , Because here nothing is toughf to handle bitcoin work with job .
Here I am a student of msc physics and also doing trading in bitcoin very well with better study , here it clearly indicates that you can do the same like me.
Usually trading is of two type one is day trading second is long term trading , so you can buy altcoins at the evening after job work and then put at advance sell at which you want To sell . This is really pretty cool idea that I am using , so don't leave job , do both the work with each other .
worldwifiICO
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December 21, 2017, 12:43:23 PM
 #856

If you're really feeling confidence and no fear, go ahead!
Listen to your heart and mind first, not others!
diguyo
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December 21, 2017, 12:46:21 PM
 #857

Too risky IMO, but it depends what your present bank looks like. If you can afford to give it a go, then it could work out great.

For me, I could never give up my job...I try to balance the two. For me it's like gambling, I make some decent money betting on sports, but I've got a house and family to think about, I need guaranteed income every month.

yhan2x
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December 21, 2017, 12:48:16 PM
 #858

To others may be quit for their current job, but i think it is not advisable, present/permanent job is one of the most prioritize in our daily life. We cant throw it away easily. Dont use bitcoin as a permanent job, we all dont know how long bitcoin will alive.
malourdesesmores07
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December 21, 2017, 12:51:17 PM
 #859

It is more practical to have a stable job but at the same time doing bitcoin to gain extra or another income.
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December 21, 2017, 12:58:30 PM
 #860

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

Don't quit just yet. Try and trade for a couple of months. Sacrifice a bit and try to earn from trading. If you can earn from it then you can quit your job and focus on trading. It will be hard at first but if you can make it work then trading is for you.

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