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Author Topic: Quit My Full Time Job to Trade Cryptos Full Time  (Read 1845 times)
Tap_Global
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March 12, 2021, 09:37:58 AM
 #101

We wish you luck! Stick to your strategy. Once you're set in - swing past tap.global and make a trade or 2, we also have our own coin Smiley
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Kasabus
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March 12, 2021, 01:14:42 PM
 #102

If you really want to trade full time, you have to make sure the funds for your needs every month must also be fulfilled, such as having other passive income. honestly trading on an uncertain profit every month. especially if our capital is not big. what is there will provide an additional burden on the mind if we are not able to achieve the desired benefits and precisely for the monthly needs it is still lacking. actually working and trading can still be done because trading does not require a lot of time
Choosing trading is good but he needed to have some money that it save from the bank because income in trading is not like in the job who is monthly or every 2 weeks of the month because they have time trader are not earning money because of the dumping of the market. But it depends also to the trader how they handle that situation and yes they have advantages of choosing trading than the regular job.
But maybe OP is already preparing for everything before he decided to make an exit from his job. What I see him is that he is really wanted to make difference from his previous life, we know trading is risky, and that for sure he knows that already.

It gonna be tough but there is something we need to make a change in order to see a better life. Yeah, who knows exactly if he will succeed in trading and make him a millionaire. Besides, trading is a passion, if he loves it, he is definitely be doing good for it and able to survive despite the risk.

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geegaw
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March 12, 2021, 04:09:41 PM
 #103

I did the same 3 years ago and I have no regret of any kind. In fact, I am making my monthly payment just within 3-4 days and in the worse case scenarios, a week maximum.
It means that you are an expert in trading, you have a good attitude and a passion for the job and that allows you to make a profit with full-time trading but if someone follows you, I cannot guarantee that they will have similar success. In the world there are many famous people and they give up learning very early, many others refer and follow, the results are not as expected, trading is not a world that can create successful people, before giving up full-time jobs, we should also experiment for a few months, not to lose more to a hasty decision

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TheGreatPython
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March 12, 2021, 05:44:41 PM
 #104

In the past month and a half i've made over 100k arbing different markets and developing a very hard-to-beat strat. I submitted my resignation to my full time job last week .
Wow that’s really cool, if you’re really making up to that amount of $100,000 in a month like you have said then you’re doing very well. Being able to become full time traders and quit office jobs is the dream of most of the traders out, but unfortunately for most of them they are unable to achieve that. I am not a full-time trader, and I wouldn’t really call myself a trader because what I do most is just to buy the coins I like and then I Hodl them till I’m able to sell them at the rate I want. I’m still wondering how much you used to start this trading to be able to averaging that $100k a month, it’s definitely going to be a lot of money for sure.

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March 12, 2021, 09:49:17 PM
 #105

I did the same 3 years ago and I have no regret of any kind. In fact, I am making my monthly payment just within 3-4 days and in the worse case scenarios, a week maximum.
That's lit mate. If you've been doing that for 3 years ago, you must be living your life freely and just sits on your computer to do trades. And when you've executed your trades, you're free to do anything that you want. And after those days that you have set, you're just going to get your paycheck. That's a solid business and strategy for you and if you can do it, then others can also do this but for me, I'm still far from making that shortcut for a monthly paycheck within a few days.



 

 

 

 

 

 


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Mahanton
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March 12, 2021, 09:59:32 PM
 #106

I did the same 3 years ago and I have no regret of any kind. In fact, I am making my monthly payment just within 3-4 days and in the worse case scenarios, a week maximum.
That's lit mate. If you've been doing that for 3 years ago, you must be living your life freely and just sits on your computer to do trades. And when you've executed your trades, you're free to do anything that you want. And after those days that you have set, you're just going to get your paycheck. That's a solid business and strategy for you and if you can do it, then others can also do this but for me, I'm still far from making that shortcut for a monthly paycheck within a few days.
How good the feeling to have if you do able to get your monthly paycheck in a 3-4 days of your trade and the pro's on having this full time trader is that you do
really have the time that you can spend on not only to be on your family but also on doing some other things that you do like since you do have the vacant time
to do so not like when you do have some 8-5 job which would really be giving out that kind of shackles for you to do things that you do like.
Not all would really be having that kind of success.

R


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March 12, 2021, 11:21:51 PM
Last edit: March 14, 2021, 12:49:05 AM by molsewid
 #107


It's a tough decision as if you are not yet secured then you quit your regular job who knows what will happened to you in the next few months with your new chosen venue of investment.

Always do your deep assessment before dealing with any decision that you'll going to take, beside the easy profits it should also
have a stable passive profits, if you are going to risk your future best to keep your job and let your investment grow first, be wise
and not just to jump into onclusion, unless you are all prepared to pursue your new found business.

I just want to congratulate OP for being so honest to his self and taking a full time career as a trader of crypto because it was a totally risk taking and i guess i couldn't have this kind of guts to settle at this kind of decision because i have a family, and a siblings to be send off to college that is why i need a consistent source of income. Maybe OP had already earn a good for his family from trading so that he made such kind of decision which no one could interupt because it was his personal choice.
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March 13, 2021, 04:25:37 PM
 #108

I did the same 3 years ago and I have no regret of any kind. In fact, I am making my monthly payment just within 3-4 days and in the worse case scenarios, a week maximum.
It means that you are an expert in trading, you have a good attitude and a passion for the job and that allows you to make a profit with full-time trading but if someone follows you, I cannot guarantee that they will have similar success. In the world there are many famous people and they give up learning very early, many others refer and follow, the results are not as expected, trading is not a world that can create successful people, before giving up full-time jobs, we should also experiment for a few months, not to lose more to a hasty decision
That's the problem, there are people who are great at trading and they could make a lot of money, I have a friend who used to make about 5k dollars per month as salary, now he is so rich from crypto trading (he has been trading for about 3.5 years, a bit before 2017 peak, spring of 2017 if I am not wrong) he is making about 25k dollars PER DAY, on average of course but he has about 5 million dollars and he doesn't trade most of them, he just holds most of them and trades other stuff and all those increases comes to 25k per day, that of course because the bitcoins he hold, the bnb he holds, the eth he holds all goes up, I am including them into this as well, so 25k profit per day on 5 million dollars is still a lot but when it is all purely in crypto during a bull run, it is quite possible.

I have been involved in crypto far before him, 5 years before him, and I have 7k dollars total lol. So, some people are great at it, and some people are not, just because one made a profit and became a full time trader with no problem, doesn't mean that others can try and do the same.
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March 13, 2021, 05:23:41 PM
 #109

Actually I also really want to quit my current job if I have 2 bitcoin in my wallet for trade because now the value is sufficient or exceeds the salary I have probably received from government employees for over 35 years. But honestly it is something that is impossible for me right now because it is a dream. Leave from a real job and starting something with crypto trading in my opinion is a good choice if they have enough capital and also sufficient knowledge. Trading is the best option for get many profit but it is risky.

Since I am in the third world, buying something that is worth $5K is difficult for me. This has caused me and many others to regret everything when bitcoin hit ATH. Just hoping something would result from trading a limited amount of altcoin, but at least it still gave me a bit of an advantage. I wish the OP all the best, now success is in your hands and do well.

~~~
I have been involved in crypto far before him, 5 years before him, and I have 7k dollars total lol. So, some people are great at it, and some people are not, just because one made a profit and became a full time trader with no problem, doesn't mean that others can try and do the same.
That's good, you can still use it as capital for trading. Unfortunately I don't own anything worth $7K right now. LOL

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March 13, 2021, 06:27:50 PM
Last edit: March 13, 2021, 06:39:25 PM by bitzizzix
 #110

If it's the best and can actually generate more than your real job income and will continue to generate as long as you can and can generate in the long run, I don't think that's a big deal and as long as it's not temporary.
For me, real work is the main thing that will pay off every month and my goal in the crypto world is just a promising additional income without having to sacrifice work, the most important thing is to be able to manage the best possible time.
Trading is very risky but it will be profitable if the experts do it.
Congratulations OP, hope your choice for the long term.

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batang_bitcoin
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March 13, 2021, 08:02:57 PM
 #111

I did the same 3 years ago and I have no regret of any kind. In fact, I am making my monthly payment just within 3-4 days and in the worse case scenarios, a week maximum.
That's lit mate. If you've been doing that for 3 years ago, you must be living your life freely and just sits on your computer to do trades. And when you've executed your trades, you're free to do anything that you want. And after those days that you have set, you're just going to get your paycheck. That's a solid business and strategy for you and if you can do it, then others can also do this but for me, I'm still far from making that shortcut for a monthly paycheck within a few days.
How good the feeling to have if you do able to get your monthly paycheck in a 3-4 days of your trade and the pro's on having this full time trader is that you do
really have the time that you can spend on not only to be on your family but also on doing some other things that you do like since you do have the vacant time
to do so not like when you do have some 8-5 job which would really be giving out that kind of shackles for you to do things that you do like.
Not all would really be having that kind of success.
Best feeling. You save a lot of time doing a monthly job just for those few days. I would use the time for something productive again expanding and helping myself to grow in other aspect. But that could also be used in another set of trading for which, if you have gained a monthly paycheck from 3-4 days. Then just imagine and calculate how much you can make money if you're consistently doing it without having a bad day.



 

 

 

 

 

 


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March 14, 2021, 02:10:25 AM
 #112

What percentage of full time crypto traders are profiting though?  Someone said over 95% of traders lose money... so what about pro traders then?
Mpamaegbu
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March 14, 2021, 03:35:19 AM
 #113

In the past month and a half i've made over 100k arbing different markets and developing a very hard-to-beat strat. I submitted my resignation to my full time job last week . Wish me luck.
The 100k made, is it in dollar or in your local currency? If it's in the formal then it's a great feat and one worth celebrating. I do believe you took a nice decision quitting if you're already profitable to that point. Why tie oneself to a 9-5 slavery when one can do it on ones' term and pace? This is also the point that throws me off when someone tells me they're profitable traders but are still keeping their 9-5 paid job. It doesn't make sense. Perhaps, it makes sense if we have a discerning sense of perception enough to decode because what that simply echoes is that the person claiming to be profitable while still keeping their paid 9-5 job is not. They're just lying through their teeth. Enjoy your moment of freedom, OP.

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Hamphser
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March 14, 2021, 02:43:28 PM
 #114

In the past month and a half i've made over 100k arbing different markets and developing a very hard-to-beat strat. I submitted my resignation to my full time job last week . Wish me luck.
The 100k made, is it in dollar or in your local currency? If it's in the formal then it's a great feat and one worth celebrating. I do believe you took a nice decision quitting if you're already profitable to that point. Why tie oneself to a 9-5 slavery when one can do it on ones' term and pace? This is also the point that throws me off when someone tells me they're profitable traders but are still keeping their 9-5 paid job. It doesn't make sense. Perhaps, it makes sense if we have a discerning sense of perception enough to decode because what that simply echoes is that the person claiming to be profitable while still keeping their paid 9-5 job is not. They're just lying through their teeth. Enjoy your moment of freedom, OP.
Freedom in terms of financial but of course it would really be accompanying some risk from time to time but this is much more better because you do know that you can really had advantage compare to others

which are being slaved by that 8-5 day job which is really a good thing that you do really able to break that chain of slavery.How i wish that i would able to attain such knowledge

to make myself also break on this one.I do love to have my own time and im the boss everytime i do wish which it isnt really possible if you do have work.

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passwordnow
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March 14, 2021, 06:04:06 PM
 #115

What percentage of full time crypto traders are profiting though?  Someone said over 95% of traders lose money... so what about pro traders then?
Then that's the percentage in one's basis for the traders who are profiting in their chosen field. The pro traders could be the remaining 5% on that ratio.
It's not an easy job to do if someone goes full time trading. IMO, it's easier to just buy and wait for it to rise and if you've other things to do, you should be focusing on what you do and just check your trades or the coins you've bought. If it has risen in value, time to sell. Not that too hassle to do it and many have been doing it.

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Wipeout2097
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March 14, 2021, 08:04:43 PM
 #116

Sounds good,Trading is all about knowledge and practical experience if you are commited you can do it. it is nice simply have made up your decision on taking full time to be a dealer since it appears simply are seeing your intrigued into it and find it more productive compared to working on a full time office work. As a full time dealer isn't continuously into benefit so you also work on plan B if you are loosing in initial days another side pay you to pay bills survival needs.Best Way better to go ahead and win the world.

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March 14, 2021, 09:35:30 PM
 #117

I think the idea of it sounds good and if you got the time and passion for it then it is not a bad idea. Though, I would suggest you think about quitting your job as trading might not always be as profitable as it is now in the bull run. The bull run won't last forever and you don't want to find yourself in a situation where your expenses will not be met by the trading you do. It is just worth thinking to see if this is really an option you can have and take Wink
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March 14, 2021, 10:56:53 PM
 #118

I think the idea of it sounds good and if you got the time and passion for it then it is not a bad idea. Though, I would suggest you think about quitting your job as trading might not always be as profitable as it is now in the bull run. The bull run won't last forever and you don't want to find yourself in a situation where your expenses will not be met by the trading you do. It is just worth thinking to see if this is really an option you can have and take Wink
I think not always profitable in trading but we have been smart how to take profit before and save it, never all in your money for trading because every time we can't prediction how price will going on, maybe when market dump you still have saving money for daily needed, I think quid job is better you have full time for checking market price and know with good or bad news.


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March 14, 2021, 11:08:34 PM
 #119

Because right now the market conditions are good for crypto trading, that's why it is easier for you to make profit from cryptocurrency. But it must
be remembered that the crypto market was not possible as long as it is now, because history is always repeating itself. There is a possibility that
what happened in 2018 will happen again, where almost all coins dropped drastically at that time and it was very difficult to trade in such circumstances.
I just remind you, because you have left your full time job, which is safe with a fixed salary. And choosing to focus on crypto is not easy, because like
I said sometimes we have to be prepared for bad market conditions.

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k@suy
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March 15, 2021, 02:27:22 PM
 #120

I think the idea of it sounds good and if you got the time and passion for it then it is not a bad idea. Though, I would suggest you think about quitting your job as trading might not always be as profitable as it is now in the bull run. The bull run won't last forever and you don't want to find yourself in a situation where your expenses will not be met by the trading you do. It is just worth thinking to see if this is really an option you can have and take Wink

We couldn't question the decision of one person if they have found their passion and happiness in trading cryptos full time. In fact quitting a full time job to focus on crypto trading full time also were not bad decision as it seems because as i have trading on my own i believe that focus and time allotment were also need here. And also we have our kind of need to meet and i hope that OP had already settle the needs of his family before anything else.
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