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Author Topic: Is It advisable to quit my present job for bitcoin?  (Read 14093 times)
Marco Ambrusini
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March 07, 2018, 07:47:40 AM
 #2381

It is like selling your house for bitcoin. Dont exchange your needs for investments. Investments should be for excess money and not for your actual money.
edwardnortonn
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March 07, 2018, 07:51:48 AM
 #2382


Bitcoin is very lucrative indeed but you must not forget the risks that come with it. Quitting your job for such a volatile market dealings is not the wisest thing to do, if possible Bitcoin should be there to supplement a main income, in as much as it might generate more, but an assured regular income is still needed for stability's sake.
Getmon
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March 07, 2018, 07:54:51 AM
 #2383

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 is best if you have a job at the same time while you are also involved in Bitcoin or crypto trading. I admit that Bitcoin trading has so much potential in terms of income as compared to a regular job. However, you also have to weigh the pros and cons of the two possibilities. With crypto trading, your income is not really as stable as a regular job. Aside from that, you do not have any privileges and perks that come from crypto trading. In a regular job, there are several other benefits. But if your job is only a blue-collared one that takes a lot of time from you, you might decide in favor of crypto trading. Just see to it that you know what you are going into.

MEGA

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Marco Ambrusini
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March 07, 2018, 08:03:40 AM
 #2384

Despite the several benefits bitcoins can bring ,it is advisable to always diversify.the market is very volatile and risky to involve in only bitcoins, make bitcoin your part time.Bitcoin is interesting and valuable.It gives us a great opportunity to earn more income.
Tylerthomas12
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March 07, 2018, 08:08:35 AM
 #2385

If you are getting paid with a good amount of money then there is no need to quit your job.  There's no reason to quit your job unless your job is not good. I suggest that you should do both for more outcome and opportunities. It's hard to get a job so stay and do both.
JRoa
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March 07, 2018, 08:12:39 AM
 #2386

It is better if you will not quit your present job because of the cryptocurrencies. If you can manage your time properly, I am sure that you don't need to leave your job for you to start cryptocurrency trading.

Ronni
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March 07, 2018, 08:57:49 AM
 #2387

No, it is still better to have a stable job than to rely on the unstable amount of bitcoin. Also, when you have a job, you have a stable profit and you are sure that you can get it right away or in case of emergency, you can have at early payout, not in bitcoin, you will need to spend a month to receive a certain amount of bitcoin or if you are in a bounty campaign you will need to work for almost 2 months to be paid. Yes, bitcoin has a great amount but it is still better to make it as an alternative source of income, working/having a stable job is better.

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Vishnu.Reang
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March 07, 2018, 09:21:52 AM
 #2388

Well just like any business decision, you have to take that call. There is as usual 50 percent chance that you will succeed or you will fail. But it is up to you on how you calculate your risks, your back up plans, your entry and exit strategies and your short term and long term plans. Once you have done these analyses, you will be more confident on your decision on whther to quit your job for bitcoin or whether you want to do it partially. Smiley Smiley Wish you all the best! I hope you are successful in whatever decision you take. Smiley
electronix11
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March 07, 2018, 09:37:44 AM
 #2389

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 solely on the person, if your job does not provide anything or less than your expense then it would be best to settle down in a bitcoin. but it is not not advisable though.
klim80
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March 07, 2018, 09:43:10 AM
 #2390

 If I were you I wouldn't quit the job, because you can have a stable income. No doubt, bitcoin trading is very profitable but you should patiance. The price of bitcoin is not stable. I'd prefer to have two ways of earning money.
MrZ28s
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March 07, 2018, 09:58:16 AM
 #2391

You seemed not that comfortable on earning bitcoin so I suggest you not to retire your current job. Save some money for you capital in trading or in order to buy mining rigs. Also take time to study and understand the flows of the crypto market.
shafi alam
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March 07, 2018, 10:09:49 AM
 #2392

NO , don't do that.
For bitcoin don't do that , don't leave the job.
you can invest your salary percentage. that will be smart idea.
paynercash
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March 07, 2018, 10:12:28 AM
 #2393

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 joined Bitcoin in 1016 but my country is a well-developed country, and there are many people who do not know Bitcoin or virtual currency, so the government is afraid if Bitcoin appears in the nation They reduced the rate of economic development in the country, and they banned Bitcoin, but I stopped all work just to track Bitcoin and the fluctuations in the Crypto market.

CryptoSmile
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March 07, 2018, 10:23:20 AM
 #2394

I really disagree to this advice. I'll keep doing my present job while involving or joining in bitcoin activities, both as investor or sigantures campaigns participant. These two different job can be carried out at the same time without disturbing each other. It depends on how we spare and manage our time to do that. My main job has a regular and definite time to do my task and bitcoin activities can be done while carrying out my routine jobs every day.
Kaiwillliamjames003
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March 07, 2018, 10:25:42 AM
 #2395

Having a full-time job with a security of tenure is always the safest route to financial stability. profits might actually be far and few between soon, we are the early adopters and we need to reap the benefits.
jwenbu
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March 07, 2018, 11:05:11 AM
 #2396

Well,i would like to share you my personal experience so that you could get an idea of what you should do.Actually,i was working in dubai an year ago.Since my salary was low,i used to work in bitcoin to earn.At first,i joined signature campaign and then,i just saved my earnings from signature campaign and bought altcoins for trading.Then gradually,my earnings started to increase more and within the next ten months,i reached a stage that i started to earn as much income as i got from my job.Then,i just quit my job and returned to india.And now,it may be a surprise for others,my income has increased seven times more than my previous income.So,unless you start to earn as much income as you get from your job,don't ever quit your job.Hope you could get an idea to decide further.

I inspired in your experience. Actually Im here now in Dubai for work. And now I started to joined in signature campaign and trading Bitcoin. Hopefully someday I can do what you did. To quit my job and come back to my home country.
Neko Mamushi
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March 07, 2018, 12:20:50 PM
 #2397

no who says that its is beneficial for you to leave your place of employment for bitcoin, I realize that these days bitcoin rates moves quick and acknowledge step by step yet we cannot state anything in light of the fact that might be its value moves descending in coming days and your activity have changeless and have settled installment.
Guyalamax
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March 07, 2018, 12:21:04 PM
 #2398

In the event that you are sure that you can procure higher wage from bitcoins routinely and it can be better in contrast with your compensation at that point there is nothing incorrectly in leaving your place of employment as in bitcoins you will inspire opportunity to work as per your comfort and more you work more you will acquire.
Sacred Fires
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March 07, 2018, 12:31:59 PM
 #2399

I won't counsel to leave your place of employment for bitcoin it will be an unsafe amusement completely including just on bitcoin, despite the fact that now, the cost might build day - by-day. Having an occupation implies we can be certain about getting a compensation month to month with no risk.If in different conditions any defeat happens to bitcoin we need to hold up to get cash and brimming with pressure and torment on the off chance that we have work it will be something to be thankful for and no cerebral pain will influence us.
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March 07, 2018, 12:43:31 PM
 #2400

As I might want to think, I vary to express that we are late to place assets into bitcoin. Cost instability, all over is a normal development. we just undertaking to do exhibit examination portraying when cost to addition or decline. at the point when fetched has a tendency to grow, money related masters will buy at cut down cost and sitting tight for offer at higher cost to get advantage. On the off chance that there ought to be an event of significant worth lessen unequivocally, it is to a great degree the best time to buy or contribute in light of the way that there is a more noteworthy chance to get more advantage inside shorter time.
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