Quit My Full Time Job to Trade Cryptos Full Time

[octomon]

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.


Long live crypto.  

Update and some answers to your questions :https://bitcointalk.org/index.php?topic=5321029.msg56477603#msg56477603

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[batang_bitcoin]

Congratulations to you then. If arbitrage is what you do, can you name those exchanges where you usually buy and sell coins? I'd like to do it and make at least a few bucks from doing so. Although it's not that guarantee and transfers should always be quicker than what we're expecting.
Do you have specific cryptos that you purchase for doing arbitrage? I hope you'll share your strategy.

[SquirrelJulietGarden]

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.

I wish you luck of course.

How much capital you used initially to trade or invest?
Did you withdraw your initial capital and use it as your savings or backups for sudden usages for you or your family?

The second question is also my advice. If you already won big, please withdraw your initial capital and don't use it to trade or invest. Use your profit to trade or invest and keep your initial capital safely and untouched.

It is common loss story that people earned big and lost bigger. Good luck and take care.

[jaberwock]

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.

Good luck and arbitrage is something which doesn't involve risks either so making 100k without taking risks is quite outrageous. Do you arbitrage coins like buying from one exchange which offers it at lower price and selling it at higher prices to another exchange? I am really interested to know more.

One month and a half and $100k profit is insane because myself being someone who has studied arbitrage trading in depth, there is hardly 1-2% margin in it and if you are making that much profit either you have gigantic capital to work with or you are just working with 50+ coins and trading them rigorously.

Please share some details if possible because its hard to believe. I was checking your post history and it seems like you are coming back to the forum after an year so welcome back.

[Oshosondy]

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.

In life we have hard decisions to make, you can even have a business of $5000 that can bring you more income, and you earned $100,000 already, if your salary is not making sense, you can leave the work, if you want to establish yourself and your job will disturbed the establishment, you can also quit it. If the reason you quit is for good, there is nothing bad. But I will advice you to get other things doing other than trading while trading patiently will bring more income.

[Taskford]

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.

In life we have hard decisions to make, you can even have a business of $5000 that can bring you more income, and you earned $100,000 already, if your salary is not making sense, you can leave the work, if you want to establish yourself and your job will disturbed the establishment, you can also quit it. If the reason you quit is for good, there is nothing bad. But I will advice you to get other things doing other than trading while trading patiently will bring more income.

Its hard for people to decide about quitting or not with there current job in exchange for something risky but I'm sure OP is confident about his decision since as he said he already earn 100k for his arbitrage trading and that's so impressive. Although $100k is big but I think that's not enough for building a good sustainable business since creating it needs more capital and that amount is lacking(IMO).

For sure once he earn more he will not settled on one earning option since money making is one of the target of most people here so lets hope for the best for him.

[GreatArkansas]

Being a full time trader may be effective for some people. Quitting to a full time job to become a trader may a good move, but you should not think win always, as you said you are still in your 2 months.
The best if you will continue with stable profits, to sustain expenses of you or your family.
I know some trader who become a full time trader and they admit, it is extremely stressing job.

[palle11]

Wish me luck.

Yes I will wish you luck and a big one too indeed. Trading can profit you more than your job especially if it is a low paying job.
Trading has advantage a lot . it gives you more time to do other things outside trading and if you are good with the trade that you are making constant profit, you are very much in your road to wealth.

[Kelvinid]

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.


Long live crypto.  

I think everyone will say Good luck (and I did) and why? Is that because trading is a big challenge and of high risk.

Losing our stable job is a big sacrifice we did to our life. We already have the financial security and ain't that simple living for a thing that we never get 100% assurance to make good rounds every day or have lost our money. But sometimes we have to sacrifice something just to get satisfaction and to achieve our goal. Yeah, who knows exactly if we even get more in trading than in our full-time job.

[Xxmodded]

Just keep saving your money and not try to all in for trading because we can't prediction with coin always higher price, maybe when you said trading is best way to earn much money and resign from your job, you got many problem and well done if your trading always profit, but there are not guarantee with trading give much profit for you, many time we got wrong prediction and should waiting for long time to get back our money.

[Julien_Olynpic]

Good luck bro.
$ 100,000 is a good amount. I just have to get to her. I don't know with what capital you started, but, in principle, such an amount allows you to relax a little and start working for yourself. I would also probably write a letter of resignation. Although I like to work in the mode in which I work. Plus, communication with the team is also not the last thing.

[Renampun]

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.


Long live crypto. 

wow, how lucky you are...
I have been trying for several years to find the right formula for profit in arbitrage but have not found it, whereas you have only been 2 months and immediately found a suitable formula. where did you learn from, maybe you can share tips and tricks!

[carlfebz2]

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.


Long live crypto. 

That sounds good and only a few could able to do such thing when making trading as a main source of income and become sustainable with it. Its just nice to hear off to somebody that theyre

trying to make a very hard to beat strategy.Well, good luck into that one and wish you the best in your trading journey because having some talent on dealing with market doesnt really fit out for all.

How i wish that i would be something the same like you on where i would quit up my 8-5 job and go full time with trading, if i would really be sustainable.

[hopenotlate]

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.


Long live crypto.  

First of all congrats for this achievement and for the courage that such a decision requires. First question that comes to my mind is: what was your starting capital needed to reach that 100K profit milestone?
Be wise with managing your bankroll and keep it up. Best of luck man.

[Oceat]

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.


Long live crypto. 

That sounds good and only a few could able to do such thing when making trading as a main source of income and become sustainable with it. Its just nice to hear off to somebody that theyre

trying to make a very hard to beat strategy.Well, good luck into that one and wish you the best in your trading journey because having some talent on dealing with market doesnt really fit out for all.

How i wish that i would be something the same like you on where i would quit up my 8-5 job and go full time with trading, if i would really be sustainable.

What an interesting read knowing that OP is going full time on trading it's very few people who can actually do what he does. I hope it continues because crypto market sometimes is very unexpected unlike to stocks market. I wish to believe what the OP been saying is true but who knows?

Everyone can talk but can't do exactly what they were talking and I really hope OP could survive the hardship of trading although he had his all time since he was resigning to his stable job before. So good luck, OP for your new career.

[adzino]

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.


Long live crypto. 

That's great, but you sure you did the right thing resigning from your job? You know that trading is very risky. Just because you managed to make 100k now, doesn't mean you will be able to do that every day. You should even know that your "hard-to-beat" start might fail anytime because the market isn't always the same. Having a job gives you a "risk" free source of money. So think again. But in the end, its your choice. You know what's best for you. So good luck with your trading.

[sayaya17]

You're the lucky guy who makes $100k from your trades on crypto. Of course when the market is bullish it is now it is very profitable for trading and investing.
And your decision to quit the primary job was a very brave decision. Most people can't do as you do, quitting the job because you just want to focus on crypto,
is amazing!

[wxa7115]

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.


Long live crypto. 

While that is great make sure that you do not use all of that money to trade the markets and instead diversify yourself and maybe even establish a small business, I say this because while your profits are impressive and you may seem to have a great system cases like yours are not rare, there are many winners in this market but then they make a mistake or they find out their strategy was not as infallible as they thought and then they suddenly find themselves without money and without a job.

This way by creating your own business you have something to rely on in the case things do not work in your full time career as a trader and you can protect yourself and your family from suffering unnecessarily by it.

[stomachgrowls]

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.


Long live crypto. 

That's great, but you sure you did the right thing resigning from your job? You know that trading is very risky. Just because you managed to make 100k now, doesn't mean you will be able to do that every day. You should even know that your "hard-to-beat" start might fail anytime because the market isn't always the same. Having a job gives you a "risk" free source of money. So think again. But in the end, its your choice. You know what's best for you. So good luck with your trading.

Exchanging your stable job just because you've decided to go full time with trading is indeed risky because we know that trading profits isnt really consistent or shall we say its unstable which means there are days turns out to be profitable and there are days which would be a lost.So thats really a tough decision to be made in the first place.

If he can manage to make $100k then that signifies that he's really earning more than he can earn on having a day job.It just right for him to make out decisions if he would decide to go full time or having both at the same time but we know that engaging on two things wont be simple because this would talk proper time management.

If he do sees that it is much worth to trade than to have a day job then its his decision and he's definitely aware of the risk that he had taken.

[passwordnow]

I don't want to cut the enjoyment and decision that you've made and that's good if you've made a lot from trading. And if that's your decision and you're very firm doing that, just keep rocking man!
It's hard to become a full time trader but if you've done that with ease and strategy, you're going to earn more from that. Just as you've said, I'm wishing you the best of luck and all the best for your newly found career.