GunsLair
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January 26, 2019, 06:53:54 PM |
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I also have some people among my friends who went into the trade in cryptocurrency in 2017. But they didn't give up their main job and did it their extra income. That's why the situation in the market that has developed now "beats" them not so much.
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akram143
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★777Coin.com★ Fun BTC Casino!
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January 26, 2019, 07:57:36 PM |
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I also have some people among my friends who went into the trade in cryptocurrency in 2017. But they didn't give up their main job and did it their extra income. That's why the situation in the market that has developed now "beats" them not so much.
Yes considering the trading as main job will be most riskiest thing that we have made a decision like that we need some other business also while caring will not give the exact profit for us but doing trading is also be profitable when you do the right trading tricks and trading methods so this situation will be most profitable for a trader to get more profit.
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Hivalley
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January 26, 2019, 09:00:42 PM |
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I also have some people among my friends who went into the trade in cryptocurrency in 2017. But they didn't give up their main job and did it their extra income. That's why the situation in the market that has developed now "beats" them not so much.
Trading is really stressful and demands time,but definitely not to the extent of staying jobless,it doesn't demand that much time,its not improbable to combine trading with other duties,such as sports,job,recreation etc It should be easy for anyone with the right mindset and desire to be successful on all fronts It's foolish staying jobless to trade on cryptocurrency that's so unpredictable,it could leave your poor and hungry.
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MURONDI
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January 26, 2019, 09:13:48 PM |
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I know a lot of people who quitted their day job to trade in the cryptocurrency market. But it was when the market was good. In this bear market, they're struggling very hard to survive. So I think the best way to invest is this : Have a side job, cut down your expenses, then invest 10-20% of your monthly income in the market.This way you never have to worry about gain and loss and surely you have higher chance of getting rich because the market will recover in the long run!
market conditions fluctuate up and down, even though the trend is down, we can still use it to make a profit, by using scalping techniques, but really need to be careful when fighting trends.. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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1Referee
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January 26, 2019, 09:37:21 PM |
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Trading is not that dangerous ones you have enough knowledge in the market as you were trading you will learn more too on the way.
Even if you have 'enough knowledge' there simply isn't a way to have it magically work in your favor. In the end, even the most skilled traders are purely guessing/betting that the price will go up or down. In that case it's more like an educated guess/bet, but you get the idea; there are no certainties in any market, you still expose yourself to plenty of risks. People tend to overestimate themselves after a few profitable trades and up the amounts they allocate to each trade, and then burn themselves because the market doesn't always do what you want it to do. If you expect to profit off of each and every trade you are asking for problems. You don't have respect for the market and it's unreliable nature, especially here in crypto.
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emberbekas
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January 27, 2019, 09:23:51 AM |
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I know a lot of people who quitted their day job to trade in the cryptocurrency market. But it was when the market was good. In this bear market, they're struggling very hard to survive. So I think the best way to invest is this : Have a side job, cut down your expenses, then invest 10-20% of your monthly income in the market.This way you never have to worry about gain and loss and surely you have higher chance of getting rich because the market will recover in the long run!
The important thing is we shouldn't quit our job just to be a trader. Using only small part of our montly income to try our luck in trading would be better instead of staking our future just in it. It depends on each person on how to manage their financial for both daily life and investment, but we shouldn't risk everything in a thing that is still uncertain. I agree with you in term of investing 10-20% of our montly income into crypto currency as long as it won't disturb our daily needs.
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Ararbermas
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January 27, 2019, 09:53:47 AM |
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I know a lot of people who quitted their day job to trade in the cryptocurrency market. But it was when the market was good. In this bear market, they're struggling very hard to survive.
for sure those ppl who quitted their jobs is repenting now because of making mistakes decision . Even though they're all knows that everything is just a tempory since forever doesn't exist. For me in my opinion if i have stable job in real life i will never quit on it because we didn't know what will happen in the future. Indeed its a big help for us also to multiply our earnings . Especially for our daily expenses. Must manage the time instead to prevent regrets.
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ryap12
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January 27, 2019, 09:58:50 AM |
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I know a lot of people who quitted their day job to trade in the cryptocurrency market. But it was when the market was good. In this bear market, they're struggling very hard to survive.
for sure those ppl who quitted their jobs is repenting now because of making mistakes decision . Even though they're all knows that everything is just a tempory since forever doesn't exist. For me in my opinion if i have stable job in real life i will never quit on it because we didn't know what will happen in the future. Indeed its a big help for us also to multiply our earnings . Especially for our daily expenses. Must manage the time instead to prevent regrets. That's what you get if you want to become an instant millionaire. Sleeping overnight and expecting to gain profit the next day. It's not that easy and only a few people among the billion people around the world got rich with cryptocurrency. Better start looking for a job again if someone quit their job as the crypto-market is not going to give you sh#t. Everyone is selling one after the other whenever there is just a tiny pump. If only everyone cooperates and not sell until a certain big price is reach, then we might see a better market. But everyone is so greedy on profit. Irrelevant: By the way, this is my 666 post. I guess Satan is happy out there. LoL ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F8Us5PZt.png&t=665&c=WujkvZ5_MsuD5A)
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Siren
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January 27, 2019, 11:18:26 AM |
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I know a lot of people who quitted their day job to trade in the cryptocurrency market. But it was when the market was good. In this bear market, they're struggling very hard to survive. So I think the best way to invest is this : Have a side job, cut down your expenses, then invest 10-20% of your monthly income in the market.This way you never have to worry about gain and loss and surely you have higher chance of getting rich because the market will recover in the long run!
Why need to just get a side job when you can have a regular and permanent job ?then make crypto as a side job since they have already proven that in here there’s unstable profit.then you are right on the 10-20% may put as investments here and thats what most of us do now.relying on long term than daytrading
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semobo
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January 27, 2019, 01:07:50 PM |
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I know a lot of people who quitted their day job to trade in the cryptocurrency market. But it was when the market was good. In this bear market, they're struggling very hard to survive. So I think the best way to invest is this : Have a side job, cut down your expenses, then invest 10-20% of your monthly income in the market.This way you never have to worry about gain and loss and surely you have higher chance of getting rich because the market will recover in the long run!
When someone quit their job means they don't have any source of income so how they can reinvest back into cryotos.But it is better to find a job for themselves in this market condition it will helpful to survive now and also reduce the risk of losing capital.
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Seeker#9
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January 27, 2019, 01:26:44 PM |
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You can still hold or trade while you are working. Some of my employed friends bought bitcoinand some altcoin and for long term investments and others chose trading during their spare time. It is not good to quit your job to join the cryptocurrency trading because job provide you stable income and less risky. If your income or profits from trading is stable like your job then it is time to quit your job then stay focus on trading.
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DevilSlayer
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January 27, 2019, 02:04:32 PM |
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I know a lot of people who quitted their day job to trade in the cryptocurrency market. But it was when the market was good. In this bear market, they're struggling very hard to survive. So I think the best way to invest is this : Have a side job, cut down your expenses, then invest 10-20% of your monthly income in the market.This way you never have to worry about gain and loss and surely you have higher chance of getting rich because the market will recover in the long run!
The investment that you should make is suitable to your skills and knowledge. You should have plan before making investment because if you will just invest your money in the cryptocurrency market, there is high possibility that you will lose your capital. It is really now hard to survive in the market because of the risks that we are facing.
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Jesabela04
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BountyMarketCap
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January 27, 2019, 02:17:26 PM |
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I know a lot of people who quitted their day job to trade in the cryptocurrency market. But it was when the market was good. In this bear market, they're struggling very hard to survive. So I think the best way to invest is this : Have a side job, cut down your expenses, then invest 10-20% of your monthly income in the market.This way you never have to worry about gain and loss and surely you have higher chance of getting rich because the market will recover in the long run!
I certainly agree with you. We can't rely everything in crypto so it is still important to get a job while waiting for the market to recover. Having a permanent job is better than entrusting our daily necessities to crypto which is volatile and unstable.
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justspare
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January 27, 2019, 06:42:03 PM |
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I know a lot of people who quitted their day job to trade in the cryptocurrency market. But it was when the market was good. In this bear market, they're struggling very hard to survive. So I think the best way to invest is this : Have a side job, cut down your expenses, then invest 10-20% of your monthly income in the market.This way you never have to worry about gain and loss and surely you have higher chance of getting rich because the market will recover in the long run!
I do not have a "side job" but I am a freelancer and that is what I always do. I get my money in bitcoin form and keep that bitcoins in my wallet until I need them, I cash out small by small like 50 dollars each time unless I need to pay some bills that are bigger (once a month I get like 100-150 dollars) and whatever is left stays in my wallet in bitcoin form. There is absolutely no need to turn into fiat currency and makes no sense to do so since I prefer to have my currency in bitcoin instead of the worthless fiat. I only do change it to fiat when I need to because society is not ready for a fully bitcoin world but whenever that happens and we no longer need to turn bitcoin into cash and just use bitcoin whenever we want then I will never change it to fiat again.
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djkyno
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January 27, 2019, 07:19:28 PM |
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That's right. It is not advisable at all to quit your regular job for working full time only with cryptocurrencies. The level of risk is always high, so it is better to keep working offline, while you invest some amount of your money and time for crypto work.
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Kimi80
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January 27, 2019, 08:16:11 PM |
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With side job there sure will be enough space for life needs and investment in crypto. And the level of stress is reduced drastically, investor should not be so worried about it. The problem is that people usually want to achieve some good profit in short amount of time and, looking at the movement of the bitcoins price in all this years, they think that bitcoin can provide that to them. The strategy that you propose is much safer but it require waiting, patient and that`s something that people today don`t have too much.
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SkustaClee
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January 28, 2019, 12:39:01 AM |
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I know a lot of people who quitted their day job to trade in the cryptocurrency market. But it was when the market was good. In this bear market, they're struggling very hard to survive. So I think the best way to invest is this : Have a side job, cut down your expenses, then invest 10-20% of your monthly income in the market.This way you never have to worry about gain and loss and surely you have higher chance of getting rich because the market will recover in the long run!
All of the investments in this market are so risky so it is really good if we will carefully choose what investments that are suitable to us. You should choose investment that fit to your skills for you to become more productive.
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JRoa
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January 28, 2019, 01:42:48 AM |
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I know a lot of people who quitted their day job to trade in the cryptocurrency market. But it was when the market was good. In this bear market, they're struggling very hard to survive. So I think the best way to invest is this : Have a side job, cut down your expenses, then invest 10-20% of your monthly income in the market.This way you never have to worry about gain and loss and surely you have higher chance of getting rich because the market will recover in the long run!
Day trading is still the most preferable investment for me. Yes it is risky but I faith to my skills and knowledge. Even the market is still down, I still earning profit because I keep using different strategies for me to handle the risks that I facing.
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Kahoy01
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January 28, 2019, 01:51:46 AM |
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I know a lot of people who quitted their day job to trade in the cryptocurrency market. But it was when the market was good. In this bear market, they're struggling very hard to survive. So I think the best way to invest is this : Have a side job, cut down your expenses, then invest 10-20% of your monthly income in the market.This way you never have to worry about gain and loss and surely you have higher chance of getting rich because the market will recover in the long run!
It is true that we are struggling for us to survive in this bear market. The value of most of ryptocurrencies are still low and most of it are still experiencing dumps. I am still here in the market because I have knowledge for me to avoid losses.
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Tienquyendahn (OP)
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January 28, 2019, 02:34:53 AM |
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With side job there sure will be enough space for life needs and investment in crypto. And the level of stress is reduced drastically, investor should not be so worried about it. The problem is that people usually want to achieve some good profit in short amount of time and, looking at the movement of the bitcoins price in all this years, they think that bitcoin can provide that to them. The strategy that you propose is much safer but it require waiting, patient and that`s something that people today don`t have too much.
Exactly, Most people want to get rich quick. Even me. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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