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Author Topic: Is It advisable to quit my present job for bitcoin?  (Read 14057 times)
Lare linglung
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February 08, 2018, 11:31:26 PM
 #1981

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
it depends on the financial condition and what work you are doing. if in your work is good and get enough results from your real work I think you do not need to work out for bitcoin. but vice versa if the result of bitcoin is greater than your work you can get out, because that's what I'm doing right now, get out of factory work to focus on bitcoin.

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Ricaking
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February 09, 2018, 01:37:30 AM
 #1982

In my opinion, it’s really not necessary to quit your job. Just do both instead. Because having a job will last longer and can guarantee that you’ll have a stable monthly salary to look forward to. While bitcoin trading is volatile yet very profitable. it depends on the financial condition and what work you are doing. if in your work is good and get enough results from your real work I think you do not need to work out for bitcoin. You can still do it on your spare time. It will serve as your extra source of income. And by doing both, you will be able to sustain your needs and also you’re family’s future
Pleione527
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February 09, 2018, 05:07:53 AM
 #1983

Why quit your job when you can have 2 sources of income.?  It is an advantage on your part and for as long as you can handle both, i don't see any reason for you to quit. Having a monthly stable source of income can guarantee your day to day expenses while earnings from bitcoins will be your extra income to enjoy your life and also achieve what you want without cutting your expenses. The more options you have, the more stable life you can experience.
Adine.lablab
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February 09, 2018, 05:15:50 AM
 #1984

Bitcoin is a good source of technology that give us a profit but if you have a good job i sudgest not to quit because its good if you have a stable source of income and the bitcoin by doing both of them you have to sustain your needs and your financial for your family but it depends on your total income and to your time also.
Matildada
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February 09, 2018, 05:18:59 AM
 #1985

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 too risky. The price of bitcoin is very unstable. If you quit your current job and put your whole body into bitcoin, you will lose a stable source of income.
If you fail to invest in bitcoin, you will have no income, which is a very disturbing thing.
Bone Collector
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February 09, 2018, 05:23:54 AM
 #1986

It's not a good idea to quit your existing job while you can do both at manageable time.
TobyToby12
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February 09, 2018, 05:24:35 AM
 #1987

 It's better to have two source of income than one. In exploring bitcoin is not need a lot of time you need is two or less hour  to explore it. Don't sacrifice your present job for bitcoin because bitcoin can do even you are in your job.Make bitcoin as your side job even though bitcoin earnings will be higher than your current job.
JakeJake99
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February 09, 2018, 05:25:30 AM
 #1988

It is very hard to find a regular job right now that's why you better think twice, you don't need to quit your job just only for exploring the bitcoin world.Crypto is just one emerging industry, if you also have other source of income, that's way much better. If i have those i'm going to resign right now and i think i'll be able to do that with crypto.
Louie6789
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February 09, 2018, 05:27:49 AM
 #1989

Well it is still risky to do that because if there is some unfortunate thing to happen to bitcoin, finding another job will be difficult, especially now a days. If you still want to have a stable income, I suggest that you can do less stressful and time consuming jobs like online buy and sell, blogging, micro jobs and other home jobs. Besides,earning in bitcoin is seasonal. We need to be wise in dealing with investments.
Elijah1980
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February 09, 2018, 05:30:06 AM
 #1990

I think that working for bitcoin wage might help to make more money as you get attracted to gains it gives you over time and you start saving it. So i cant really say what's best for you. Now I do not think it would be that worth it, but who knows what will happen in a few years. Already, there are companies dealing exclusively with the maintenance of these coins, and soon, private people will take care of it.
babala
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February 09, 2018, 05:31:30 AM
 #1991

It is not advisable to quit your job. Your present job is stable than your earnings in bitcoin.  Bitcoin earnings is seldom and sometimes it can be a loss while your prrsent job is always positive that it will come as long as you work.
taeewo
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February 09, 2018, 05:31:41 AM
 #1992

No advisable to do that its better to gather more liquidity that will make you stand financially..
Reuben89
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February 09, 2018, 05:31:46 AM
 #1993

I think it is not advisable to quit job for bitcoin unless you're already earning more than what you earn on your job and have stable income on bitcoin. We all know that bitcoin price is very volatile. It may have high price and continues to increase now but we do not know maybe tomorrow or the next day it will become worthless. Second if bitcoin is more reliable income versus our job. Third and the most important is if bitcoin makes you happier rather than your present job. Happiness is the key to success, so if you are happier in bitcoin and can earn more or the same with your present job, then choice bitcoin.
HugoHugo2
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February 09, 2018, 05:33:05 AM
 #1994

Just make bitcoin as extra source of income to be able be financially free in the future. We never know until when bitcoin will survive, when you quit your job and suddenly bitcoin end you would regret that you quit your regular job.Although bitcoin can pay off your salary for just a week, there's still a lot of risky waiting for you if you are not going to be careful on your decision. Many people are both doing bitcoin and real job and they find it effective since anything can happen anytime and if ever there is, they have some insurance.
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February 09, 2018, 07:08:14 AM
 #1995

Keep your day job! This was a huge mistake by many day traders in the past. Everything is great when prices are going up. However, when we hit a bear market, is when a trader shows their true colors. As we are in the longest bull run in history, we are due for a correction. You don't want to quit your job while it is smooth sailing to hit stormy waters in the future.

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kapustinal
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February 09, 2018, 07:10:34 AM
 #1996

I would advise against it. Many of friends did the same and now regretting the decision. You can do that with stocks though after learning the basics as they are less volatile.
Davidbee
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February 09, 2018, 07:32:17 AM
 #1997

I don't think it is a wise choice, you can look back over the past year the currency of the investment profit, if you got huge investment returns, you can consider to give up your present job, with all my heart into COINS
If not, then continue with your current job and do a bit of bitcoin related work outside of work so that if you invest in bitcoin, there will be a source of revenue.
Christian13
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February 09, 2018, 07:45:21 AM
 #1998

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 if you think that you could win more with bitcoin that with your job i think that you should try to go towards the bitcoin. If you have a good job it can be difficult to choose but if you don't try you could regret it later. or else just combine your present job with bitcoin and go with the flow.
cherryscarlett
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February 09, 2018, 07:50:04 AM
 #1999

I don't think this is desirable, whether or not you have  in cryptocurrency market to earn the enough money, if you spend your cash already 30 years, so you can choose to quit, otherwise, the resignation of the risk is very high, because encryption currency market volatility is very large.

Jian_Liux
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February 09, 2018, 07:57:40 AM
 #2000

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 you are sure why to wait, so do what you believe in because you are actually more knowledgeable about your current job. If your current job is not sufficient for your family needs while you think bitcoin can fulfill all that, then do and do not ask too many questions Smiley
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