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Author Topic: I quit my job to do full-time crypto-trading. Made 12 BTC profit last month  (Read 7657 times)
kamilah147
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May 26, 2019, 12:12:40 PM
 #121

I tried to do it once

But failed

We need a job to supply our crypto thing lol
my advice, do not be discouraged in failure, I have experienced a failure in the business field, I decided to work while slowly making a trade

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May 26, 2019, 12:25:55 PM
 #122

It's brave decision. Market is showing us everry day how risky is to deal with Bitcoin and to quit steady job because of trading is big, risky step.
Still it's very individual and depends how much are you willing to sacrifice and how much do you need for living. Very few are able to make for the living only with trading and even fewer could make themselves wealthy.

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May 26, 2019, 12:34:22 PM
 #123

I believed your decision to quit your job for trading  is based on the fact that your job is not a well paying job or unsecure and the profits accrued  in your trading is more than your monthly salary of course l have met full time and experiencef traders whose trading portfolio is huge and are profiting in their trade consistently invariably their overall earnings is far more than their salaries.

 
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May 26, 2019, 12:42:29 PM
 #124

Do you think this is mature, because this is a financial decision, and also the crypto market is currently difficult to predict, and makes traders a lot of loss, hopefully you are lucky
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May 26, 2019, 02:52:12 PM
 #125

Do you think this is mature, because this is a financial decision, and also the crypto market is currently difficult to predict, and makes traders a lot of loss, hopefully you are lucky


He has 12 years of trading experience including 4 years in crypto trading, so I think he is confident enough to quit his job and rely on trading as the only way to cover his needs. Only the best wishes I can give, hopefully he chooses the best for him.

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May 26, 2019, 07:11:42 PM
 #126

Good for you, and good for anyone who wants to take daring decisions,,, plenty of people are too afraid to take the leap so I commend you if you are doing this with full conviction.

However, do not let good luck and coincidence decide your future. Easy to make money in bull run, the test is to also do it in a bear run!

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May 26, 2019, 08:48:26 PM
 #127

I also currently only rely on crypto as my main job, because I also really believe in the future of crypto, and I wish you luck
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May 26, 2019, 09:12:56 PM
 #128

Good luck... hopefully you have enough experience to get a regularly income of your trading. how long do you already trade?
i have seen so many people quitting their job in 2017 cause they are going to be fulltime trader. most of them weren't really happy about their decision some months later..
I hope is not one of those 2017 victims of crypto job quitting, it was so devastating. Some even borrowed money to invest and now grossly indebted, what could save anyone is investing only in bitcoin and keep it for at least 1-2 more years. The space might require time but quitting Job might be more dangerous.



Exactly mate quiting job is very dangerous possible to lose everything in their lives, do not quit or give up even harder to get earn profits time has comes for us. And for those people have an real job at this time do not quit they cam work in crypto trading even have a real job to get derictly as source of income for the family needs.

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May 26, 2019, 09:24:47 PM
 #129

I tried to do it once

But failed

We need a job to supply our crypto thing lol
Well, OP has covered already that's why it is not that hard for him to make some profit. With the 12 years experience then switching to crypto 4 years what would you expect compared to beginners? Cheesy

Don't switch your major job if you aren't covered up already because it will ruin you in this market because of the volatility that quickly changes every minute you might end up bankrupt.

 
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May 26, 2019, 09:50:44 PM
 #130

I tried to do it once

But failed

We need a job to supply our crypto thing lol

If you keep thinking like that you'll be working all day to later lose it all on trading. If you have a hobby you should be the best you can at it and use all opportunities to learn. Take notes if you have to, buy books, take courses! A guitar player who plays for an hour once a week will never be good. Trading is the same!
If you're losing money you're doing something wrong. Learn to do it right or stop trading.

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May 26, 2019, 10:49:16 PM
 #131

As of now, that was the big mistake you commited. Leaving your job for crypto trading is a big no for me. I don't like to risk my work just to fill up my trades. As a matter of fact, I want to double up my time and try to look for a long term position in the market. If you want to become reach then be industrious and clever.

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May 26, 2019, 11:50:59 PM
 #132

I tried to do it once

But failed

We need a job to supply our crypto thing lol
Well, OP has covered already that's why it is not that hard for him to make some profit. With the 12 years experience then switching to crypto 4 years what would you expect compared to beginners? Cheesy

Don't switch your major job if you aren't covered up already because it will ruin you in this market because of the volatility that quickly changes every minute you might end up bankrupt.
I agree. It might be a bad idea leaving your own job just for crypto trading. There are a lot of risks in crypto trading. But i also knew a friend who quitted his own job and only focus in crypto trading and investment and up to the present, he is still living a luxurious life because he had made a huge income already more from what he is expecting from crypto trading.




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May 26, 2019, 11:53:42 PM
 #133

I tried to do it once

But failed

We need a job to supply our crypto thing lol
Tried is twice and I still failed especially when the market is down and it forced me to look for a stable job. Its ok to go full time if you can handle the risk, and can work well in cryptotrading. Most of the full time trader succeed on that because they are talented and hard working trader. We can all be like them, its a matter of time for us to learn and I’m still working for that ambition to do full time here in cryptomarket.

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May 27, 2019, 06:32:27 AM
 #134

Exactly, you are very similar to my friend who chose to do full-time trading and with that decision he could focus more on doing research and the results he could be successful at this time. Hopefully you can also be successful with your decision.
This is really good way then, I would like to talk with your friends to take some tips to become good trader, we are in modern age I know it is not very hard to get information about trading but learning from experienced people makes much difference in our earning from full time trading, as much as time we spend in trading we get experience and increases our chances of earning from it.

It is his choice and we can't even help him if he wants to quit his job and be a full-time trader. Only just be sure that everything will be fine with your trades otherwise, you'll be regretting why you've made such decisions.
What happens to your friend is something in a different situation may be, I just thinking it by then but somehow I feel not ready and my funds aren't huge enough to sustain if ever when I get lost in trading.    
It is a great decision to do full time crypto trading only if you can do it on large level because it would be a bad decision to start it without have enough money that can handle all your expenses. For me, trading life time in the crypto source is a great idea but one must be learning and getting through the technicalities and the knowledge based on crypto only then it is possible to have a great future here.

 
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May 27, 2019, 07:09:00 AM
 #135

As of now, that was the big mistake you commited. Leaving your job for crypto trading is a big no for me. I don't like to risk my work just to fill up my trades. As a matter of fact, I want to double up my time and try to look for a long term position in the market. If you want to become reach then be industrious and clever.
That is a risky move, however, if that would bring success to a person, it should be the right move.

Focusing on trading because you have proven you can be profitable is the right way to do, your job gives security but we all know
it could not fulfill our best desire in terms of financials. Also, having a job even if how successful we are, that does not maximize our income, in fact it will only benefit the company we are working, but trading on our own could give us all the benefits if we will have the success.

 
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SirLancelot
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May 27, 2019, 07:21:39 AM
 #136

In general, if there is a constant price movement, and you are good enough in this, and there is a small buffer or, let's say, a supply of fiat money. It is quite possible to leave work and live in a crypt.
It is not impossible to leave work and start trading crypto but it is also important to have a backup plan if you are thinking of leaving your job and entering the crypto thing which is a business of no promise. You do not get to make money all the time which might be a bit tough for you and family if you have one. And finally, it is okay to get into crypto trading if you have enough money to tackle both things in the same time.

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iged_war
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May 27, 2019, 07:36:58 AM
 #137

Exactly, you are very similar to my friend who chose to do full-time trading and with that decision he could focus more on doing research and the results he could be successful at this time. Hopefully you can also be successful with your decision.
This is really good way then, I would like to talk with your friends to take some tips to become good trader, we are in modern age I know it is not very hard to get information about trading but learning from experienced people makes much difference in our earning from full time trading, as much as time we spend in trading we get experience and increases our chances of earning from it.

It is his choice and we can't even help him if he wants to quit his job and be a full-time trader. Only just be sure that everything will be fine with your trades otherwise, you'll be regretting why you've made such decisions.
What happens to your friend is something in a different situation may be, I just thinking it by then but somehow I feel not ready and my funds aren't huge enough to sustain if ever when I get lost in trading.    
It is a great decision to do full time crypto trading only if you can do it on large level because it would be a bad decision to start it without have enough money that can handle all your expenses. For me, trading life time in the crypto source is a great idea but one must be learning and getting through the technicalities and the knowledge based on crypto only then it is possible to have a great future here.
actually we could making trading as part time job.we have more time after we trades,cause its only need few time, maybe only around two or three hours to analize coins and chart.

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May 27, 2019, 07:43:36 AM
 #138

Hey. I'm Mark. Shortly about myself: quit my major job to earn my way by trading and it exceeded my expectations. What I got from it that everything is possible, guys.

Here will be the deals I make, some of the stuff to continue the learning curve and anything I found interesting to share with you.
Disclaimer: None of this is financial advice, do your own research, share and earn.

[ 12 years in trading, 4 years in crypto trading ]

Here's one of them:


Each deal is a piece of art

I don't understand something here… you said you have done trading for twelve years and crypto trading trading for four years? Which job did you quit exactly? An office job or your trading business? If it worked for you, then it wouldn't work for others. You took a big risk if it was an office job that you quit, because crypto trading is a very risky job for anyone to do and you're not even sure about what is going to be your achievements in it, so for me it's not reliable. I will prefer to still have my job and do cryptocurrency part time, at least the money I make from my office job is more than what I get from trading cryptocurrency, so I had rather have crypto trading as a part time job.
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May 27, 2019, 08:38:02 AM
 #139

Getting out of major job means you have to bear the risk. That is because working as a full time trader does not always produce profit, there are times when the market goes down and stops at a point with a long time making income will be slightly hampered. While you can divide your time by working on the major job and also as a trader there is no need to make a decision to leave the main job.

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May 27, 2019, 08:40:53 AM
 #140

In general, if there is a constant price movement, and you are good enough in this, and there is a small buffer or, let's say, a supply of fiat money. It is quite possible to leave work and live in a crypt.
It is not impossible to leave work and start trading crypto but it is also important to have a backup plan if you are thinking of leaving your job and entering the crypto thing which is a business of no promise. You do not get to make money all the time which might be a bit tough for you and family if you have one. And finally, it is okay to get into crypto trading if you have enough money to tackle both things in the same time.
income that can be obtained from trading is indeed very large, even this is greater than the salary that we usually get in one trade. well, that only applies to those who have a lot of money, and those who are ready to take risks. for me, maybe getting out of work is a bad idea. sometimes the work is also very good, and trading also doesn't need to be done for 8 hours.

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