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Author Topic: Is It advisable to quit my present job for bitcoin?  (Read 14050 times)
Vaflia
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March 01, 2018, 08:42:43 PM
 #2261

To quit work for the sake of research of bitcoin is stupid. You don't quit your job for fishing or hunting. If you hope to earn on bitcoin trading, then you will need money for start. Therefore, to quit the job is not worth anyway.

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March 01, 2018, 08:50:54 PM
 #2262

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

Wait, why not both of them ? you can have a stable income, save your funds, and use it to trading bitcoin.
if you only trading bitcoin, you can't do trading with a big volume because your fund is not enough.

Yes, only if you want to earn a good money you have to check prices all the time. You can lose a lot of money without such observations.
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March 01, 2018, 09:34:45 PM
 #2263

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. It's very risky to quit your job and start something new and unknown without any guarantees of success. Do not quit your job especially if you are stable. Just only make bitcoin as your partime job. Then hold 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.
yeah you explain best.. if you have already many bitcoins then dont worry and enjoy mining and enjoy your life. but its not good if you have less bitcoins or new to the crypto world then i will suggest you not take it full time .. dont depend on one thing only.. you should have more than one earning sources Smiley

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March 01, 2018, 09:36:29 PM
 #2264

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. It's very risky to quit your job and start something new and unknown without any guarantees of success. Do not quit your job especially if you are stable. Just only make bitcoin as your partime job. Then hold 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, 09:41:39 PM
 #2265

Don't quite your job UNLESS
1. You have plenty of capital available to support yourself,
2. You have plenty more capital available to invest and lose while learning how to be a good trader.

Most likely, you shouldn't quit your job, and you should instead learn how to trade well in your spare time until you are comfortable on how to trade in both bull and bear markets.
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March 01, 2018, 09:42:05 PM
 #2266

I think crypto trading has become a very good source of income and certainly can support one’s livelihood. I think if you are planning to switch your currenct job to do trading, you need to have what we call a safe transition period. This is a time where you do both your job and trading. Once you ensure that you are actually earning from trading more than your job then you can now switch.

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March 01, 2018, 09:47:02 PM
 #2267

I think crypto trading has become a very good source of income and certainly can support one’s livelihood. I think if you are planning to switch your currenct job to do trading, you need to have what we call a safe transition period. This is a time where you do both your job and trading. Once you ensure that you are actually earning from trading more than your job then you can now switch.

Yes, that’s a good idea but i think that this is not advisable. The profit in bitcoin is not permanent unlike in Jobs. But, in bitcoin, You can gain a lot of money depended on how long is your patience to wait and to exert effort with your bitcoins. But i think, you should multitask. Try to apply in a job while working with bitcoins. The many the job, the more you will gain a lot of money.

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March 02, 2018, 03:36:00 AM
 #2268

No, this is very risky if you leave your job, bitcoin's value is not yet stable, and we all not know the future of bitcoin, so dont sacrifice your job for bitcoin, just hardwork to become successfull.
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March 02, 2018, 04:00:00 AM
 #2269

Although there are some who already resigned from their regular work to shift in working with bitcoins, for me it is not advisable to resign. It is still different to have a regular work aside from bitcoins. The socialization aspect of a person is still very important for me. It is very helpful for a person that he/she is having a personal relationship with his/her co workers. However, I am not saying that we ignore bitcoins, just a proper time management in your self you can do these 2 things...having a regular job and working with bitcoins!
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March 02, 2018, 04:01:13 AM
 #2270

I think crypto trading has become a very good source of income and certainly can support one’s livelihood. I think if you are planning to switch your currenct job to do trading, you need to have what we call a safe transition period. This is a time where you do both your job and trading. Once you ensure that you are actually earning from trading more than your job then you can now switch.

Not a bad idea. Trading in volatile assets can be extremely risky, and a single bad day can wipe-out your entire life savings. So it will be better to get in to trading, only if you have enough savings in your hand to insulate yourself from any potential catastrophe.

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March 02, 2018, 04:24:50 AM
 #2271

If you will commit your life to Bitcoin and learning and gaining skills then I would say yes. Anything short of committing yourself full time here will leave you in regret that you quit. I would advocate you do crypto part time and maintain that job, getting the best of both worlds.

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March 02, 2018, 04:29:17 AM
 #2272

Bitcoin trading might be very attractive when you manage to buy bitcoin during the dip at the lowest point and sold it away at a very good rates which reaps you huge amount of profit, but this type of scenario doesn't happen everyday, so I don't think it is a good idea to quit a full time job and lose your stable income monthly.

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March 02, 2018, 04:37:35 AM
 #2273

No risk no fun!
Do it!
... I agree this opinion because we would like to imitate to those successful investors or traders they are always stick to positive decisions. But in the first place we need to have knowledge about crypto, After that  it's our choice to be a full-time on crypto. But if we could work on online by not quitting our job then that's more better because we have a freedom to choose.
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March 02, 2018, 04:59:59 AM
 #2274

It is not advisable to quit your present job for bitcoin because you can do bitcoin even your are working with your job,all you have to do is to manage your time because time management is very important so that you can do all the things that you want to do.

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March 02, 2018, 05:01:40 AM
 #2275

I wish that was even a remote possibility  Cheesy
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March 02, 2018, 05:34:15 AM
 #2276

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

Actually, is not advisable to quite your job, and join bitcoin and other alt-coin trading, because is not a good idea to depend on one business, and if your trading on btc and other alt coin in market exchange for a leaving, while having a job out there. you need to work on both-side and make more money than to depend on one side, Good luck
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March 02, 2018, 06:04:27 AM
 #2277

That is not the moment to get a move. Before leaving your job, you must have some stability on cryptocurrency. Before leaving the job, you have to have some money to spend at least for 6 month. Day trading is also a very good income source but you need vast knowledge to survive on day tradings.

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March 02, 2018, 07:39:23 AM
 #2278

You by no means know what is going to show up inside the future. today BTC is king and concerned persons make accurate money on that. but consider uber drivers who made suitable cash a while ago and determined to put all pot on red via leaving their jobs...agree with /read the outcomes of these choices.
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March 02, 2018, 09:27:07 AM
 #2279

Oh, you're sick at all. I understand that you want to earn money and the prospects of bitcoin make you happy, but you can do it in your spare time. You do not need to behave like an abnormal person.
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March 02, 2018, 09:32:23 AM
 #2280

Oh, you're sick at all. I understand that you want to earn money and the prospects of bitcoin make you happy, but you can do it in your spare time. You do not need to behave like an abnormal person.
I do not consider him a sick man. How do you know what they do in life? Maybe his salary is very low? Maybe he earns $ 100 a month.
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