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Author Topic: Is It advisable to quit my present job for bitcoin?  (Read 14091 times)
BabyFacedGuy
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January 18, 2018, 02:27:11 PM
 #1661

This week you might have found out you should never risk more than what you are willing to lose, don't quit your job unless you already have strong side incomes that would allow you to pay your basic stuff, cryptotrading is risky, most likely you will end up doing a lot of money if you play your cards well however the pressure of living out of it can be way stronger and affect your decision making during the hard times...
deepakg2m
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January 18, 2018, 02:31:24 PM
 #1662

Of course not!!Even the person who has been attached to cryptocurrency for very long should not leave the job because you never know what may happen the next moment.If you fail then you will have neither have money nor the other source ,i.e, your job.

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meshow1
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January 18, 2018, 02:33:30 PM
 #1663

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, we all know bitcoin is doing great but quitting your job just to focus on bitcoin? It's not a good idea. You can do your job earn from it and at the same time invest in bitcoin and double your earning.
Eclipse2021
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January 18, 2018, 02:34:47 PM
 #1664

I don't this would be a smart move mister. You see , your job will provide a month income no matter and it's better to stack some dolars and the buy bitcoin. You can also try to participate into bounty campaigns if you have free time to deal with all the post activity. So stack up some coins , hodl them long term and then at some point I bet we will quit our job both of us.

 
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chikading2016
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January 18, 2018, 02:48:22 PM
 #1665

Don't do something that you might regret. Bitcoin is a good investment but you need money to invest so your job is something that you need if you want money to invest

Absolutely right. We must be patient on doing decision. Because decision making is a risky type of game. But it is depend on the user if he/she like to quit, it is not advisable to quit in our job. If we like to full time, we stop on work if we like

Ethernel
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January 18, 2018, 03:45:07 PM
 #1666

Not really, bitcoin is not a job that enforces strict rules let alone to make bitcoin a top priority for its members.
Ngewex Yuk
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January 18, 2018, 04:07:00 PM
 #1667

In fact I dare to take the decision to resign and focus with bitcoin, I'm mining with 3 units S7 of bitmain, in addition to mining I also trading so the bitcoin results with the current price is greater than working.

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dificanovi
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January 18, 2018, 04:41:24 PM
 #1668

Not really, bitcoin is not a job that enforces strict rules let alone to make bitcoin a top priority for its members.

I agree with you, no need to quit the job because the rules on bitcoin are not too tight. We can work on bitcoin outside our work time.
work on bitcoin can be done anytime.

Warren Buffert
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January 18, 2018, 04:45:35 PM
 #1669

If you make enough I'd say go for it, but I think you'd have to be making a lot already to be able to live comfortable and keep trading.
cryptojoe
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January 18, 2018, 04:47:08 PM
 #1670

I have almost one year that I’m just doing bitcoin and in this one year bitcoin give me a very good amount which was not possible for me to earn in my day job.
jatin729
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January 18, 2018, 04:56:33 PM
 #1671

It is not advisable even if you earn very good weekly or monthly income from bitcoins because it is decentralized currency and having no control over pricing situations and can't even predict about Govt. mood against bitcoins, so Don't quit your job for bitcoins. you can do work with both, just need proper time management.

s31joemhar
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January 18, 2018, 05:45:22 PM
 #1672

For me it is not advisable since it tolerates us to become lazy and not active in all aspects. Passion is the best thing which cannot afford to replaced by bitcoin forever in our daily life. 
I think we should do the both of these things in order to become successful since your efforts will tell you who you are in future.
cryptojoe
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January 18, 2018, 05:46:55 PM
 #1673

I will advise you try as much as you can to manage your job and  do bitcoin altogether.
Chupu69
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January 18, 2018, 05:53:21 PM
 #1674

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
All control is with you, to be more total with Bitcoin is a good idea, but if I am in your current position, I will not leave my job.
cryptojoe
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January 18, 2018, 05:54:51 PM
 #1675

For me no its not yet, unless you earned already enough to invest your own business.
knightmairesaint
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January 18, 2018, 06:42:59 PM
 #1676

Don't do something that you might regret. Bitcoin is a good investment but you need money to invest so your job is something that you need if you want money to invest

Absolutely right. We must be patient on doing decision. Because decision making is a risky type of game. But it is depend on the user if he/she like to quit, it is not advisable to quit in our job. If we like to full time, we stop on work if we like
But it will be wiser to keep the job and then earn bitcoin at the same time. Earnings in cryptos are not that stable and based on my experience, there really is time when the payments from the campaigns will be delayed. I have experienced this many times and having a stable job is really best than just depending on bitcoin especially if your earnings are not that stable and big. Regular jobs means stable income and this is good since this is where you can depend your expenses especially if you already have a family.

Of course this is just my opinion but for someone who might have a good job then quitting just to earn bitcoin will be a waste.

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gvnsrbtc
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January 18, 2018, 07:07:36 PM
 #1677

If you have a good job, it's early to quit. it is secured that it will give you enough amount of money unlike in Bitcoin which is unpredictable. Instead, do Bitcoin during your spare time. All you need to do is to manage your time so that you can study more about it. However, if you're unhappy and you think the money you get from your day job isn't enough, and you believe that Bitcoin trading can supply your needs, then quit your job and take advantage of your unlimited time to study every information about trading. It's up to you if you're going to take the risk. Make sure not to regret in the end.

Omega Weapon
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January 18, 2018, 08:34:11 PM
 #1678

Bitcoin is internet dependant. There is a possibility for the bitcoin network to be compromized.If you give up your job for bitcoin that is not a vice move.

It is true that bitcoin network is highly secured and internet will never go down but what if bitcoin is banned.So it's risky to give up on your job.The best thing to do is invest in bitcoin as a part time job.
There are too many risks and most of them are outside our control that is why we must be careful, the added risks can be tolerable since the profits we can get counter this but at the same time we cannot be blinded by it, we still need to have a source of income that is not as risky in fact that is the basic of balancing a portfolio, you need to have some safe investments and some risky ones that way you obtain more profits and you reduce the risk as well.
Wolf of Btrex
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January 18, 2018, 08:36:28 PM
 #1679

Multiple source of income is good. I don't see a reason to quit your present Job for Bitcoin. The system requires little or no stress. To me it's not a good move.
myhometalk
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January 18, 2018, 08:37:40 PM
 #1680

That depend on how much your are into bitcoin business.
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