Quit My Full Time Job to Trade Cryptos Full Time

[Ziskinberg]

It was really a tough decision but if you already that you can really do it and make more money in trading compared to what you get from your job, it will be okay. But you should think also that not all the times the market went smoothly, not all the times our trades have good results. It is a need for you to prepare for the incoming and not just by looking at what happens to you at this time.

But anyway, Goodluck with your new journey and wishing you success.

[el kaka22]

In this topic, we always see a clear distribution between those who are adventurous and those who prefer to live in a safe zone, and we are both part of a group of people who like to feel safe and don't like to take risks because  we don't have enough confidence in our knowledge and experience, one failure is enough for us to become discouraged with this full-time job. Fast profit has never been equal to a steady job, with a steady salary every month, we can comfortably and afford to invest while full-time with trading is very stressful, every day we have to think of ways to make a profit with any market state

There are people in the between zone as well, which is basically me. I have done the same thing about 5 years ago, actually around 5 years ago today to be exact, and I have went "full" home work, which means I do make money from crypto but I do freelance as well to cover costs of my life, and sure there are times when I spend some of my crypto, specially there were few instances where I had to spend it on life emergency, for some reason me and my wives genetics are horrible .

So we keep getting sick all the time, and that is why hospital bills are huge for us, my boss can testify how many times I worked little because I had hospital issues lol. Not much to do, aside from that I do not need anything, just freelance and crypto and I have been basically at home for nearly 5 years now thanks to that, it is not full time crypto, but it is not going to work neither, so it is in between.

[tvplus006]

It all depends on how much capital you have in cryptocurrency and your trading skills. If you have a positive balance sheet that can fully meet your financial needs, it may be time to give up your main job. But in this case, you need to remember that you will have to make contributions to various social funds, including the pension fund, yourself.

[rhomelmabini]

<snip>

Hands down to you bruh and just this day I'm gonna call you the winner pursuing what's the best for you and what fits on you. Well, I believe if you are positive on yourself good things do come into place and I believe in the law of attraction. Few people go down this path and I just wishing for your total success. Good luck!

[SquallLeonhart]

Hands down to you bruh and just this day I'm gonna call you the winner pursuing what's the best for you and what fits on you. Well, I believe if you are positive on yourself good things do come into place and I believe in the law of attraction. Few people go down this path and I just wishing for your total success. Good luck!

It is a hard choice because it can either make you rich or let you down so badly that you cannot recover from it for almost all your life. I have seen both kinds of cases where people quit their jobs and started doing something they liked and wanted to do, I have seen both kinds of results - Calamity and Blessing.

If you are able to risk everything but passionate to try something new, I would say go for it and pursue what you want. If you have the slightest doubt in your mind about what you will do has any chance of failure, then I would not recommend taking the risks.

There are kids who abandon their studies to focus on Youtube as a career, now not everyone is successful but anyone who dedicates his life towards it will certainly succeed. The key factor is "to believe in yourself even when things are adverse". I remember Dana White once said in an interview that he was fortunate to realize he wanted to be in this MMA industry and that helped him focus despite failures.

[gatti]

Hands down to you bruh and just this day I'm gonna call you the winner pursuing what's the best for you and what fits on you. Well, I believe if you are positive on yourself good things do come into place and I believe in the law of attraction. Few people go down this path and I just wishing for your total success. Good luck!

It is a hard choice because it can either make you rich or let you down so badly that you cannot recover from it for almost all your life. I have seen both kinds of cases where people quit their jobs and started doing something they liked and wanted to do, I have seen both kinds of results - Calamity and Blessing.

If you are able to risk everything but passionate to try something new, I would say go for it and pursue what you want. If you have the slightest doubt in your mind about what you will do has any chance of failure, then I would not recommend taking the risks.

There are kids who abandon their studies to focus on Youtube as a career, now not everyone is successful but anyone who dedicates his life towards it will certainly succeed. The key factor is "to believe in yourself even when things are adverse". I remember Dana White once said in an interview that he was fortunate to realize he wanted to be in this MMA industry and that helped him focus despite failures.

Very impractical, you don’t stand a chance in a market that is so manipulated, you will quickly lose your money - in crypto everything depends of patience and waiting for the price to breakdown before you buy in; that can take weeks or longerAlthough most people speaking about Bitcoin or crypto currencies can’t tell you what the significance of blockchain technology is, I’ve read stories about people quitting their jobs to become bitcoin traders because of what they perceive as the opportunity of a lifetime. If there is an opportunity, it’s most likely via investing in blockchain, not by trading it.

[qwertyup23]

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

I read your replies on answering the questions about your 100k gain on arbitrage and I am very impressed with the skill and technique you have showcased.

While I am against the decision of quitting your full-time job to pursue an avenue which is considered risky, with the gains and profits you have been earning makes me want to re-consider with my former view. Nevertheless, I wish you the best of luck and I also advise you to be active on the forum so you could also share your guides and tips for other newbies or users who want to engage themselves on the same platform as what you are doing.

[LUCKMCFLY]

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

I read your replies on answering the questions about your 100k gain on arbitrage and I am very impressed with the skill and technique you have showcased.

While I am against the decision of quitting your full-time job to pursue an avenue which is considered risky, with the gains and profits you have been earning makes me want to re-consider with my former view. Nevertheless, I wish you the best of luck and I also advise you to be active on the forum so you could also share your guides and tips for other newbies or users who want to engage themselves on the same platform as what you are doing.

What I think is that he may be using some bots to guarantee success in the exchanges, although he does trade and has those profits, it is because he is in the market all the time without exiting, do you use both positions in the market? That is, you leave a LONG and in another account it is in Leveraged Short, that is a very risky technique but many professional traders use it because they are always within the market and take advantage of each movement, apart from using bots for arbitrage.

Of course it takes a lot of capital to do it, and that strategy was used a lot by Jesse Livermore who was a great speculator of the 1800s. In the book "Memoirs of a Speculator" he says all these strategies.

[blockman]

For me leaving work to be able to trade is not the right decision. We do not know for sure whether trading can be a profit that can meet our needs.

It's not a good decision for you because you're not the one who would do it. But if it seems right for the OP, then, he's doing it rightly. Trading without a doubt is really profitable if you're able to make a day-to-day profit or a good amount whenever you're trading. It's really a good source if you know how to execute it properly.

Actually, trading work does not require a long time and by working we can keep trading. because by analyzing and also installing TP and SL the market direction will later execute your order. Can you make your job meet the basic needs of the month and the trading profits can be used as a long-term investment? this is an advantage that we can get

He said it that he's able to make a lot of money on it.

[Lanatsa]

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

I read your replies on answering the questions about your 100k gain on arbitrage and I am very impressed with the skill and technique you have showcased.

While I am against the decision of quitting your full-time job to pursue an avenue which is considered risky, with the gains and profits you have been earning makes me want to re-consider with my former view. Nevertheless, I wish you the best of luck and I also advise you to be active on the forum so you could also share your guides and tips for other newbies or users who want to engage themselves on the same platform as what you are doing.

If he can easily earn the money that he could get on 1-year working on his day job with just making some simple trades then why not on not to quit?

Even having a stable day job doesn't mean that it would last forever this is why it isn't really bad to look for another window of opportunity for you to take because nothing
on this world is permanent.

Just let him be if he decided to quit up his day job and go full time with trading, as long he's aware on the risk then so be it.

[MCobian]

If your income from crypto trading is greater than the full time job you left behind, it is best to focus on crypto trading. Because everyone has
different abilities, if your passion is in crypto trading, just do what you think is right. Most people are hesitant to step up, but I admire people
who dare to take a stand like you. I wish you become a successful trader, and can generate the profit you want. Sometimes in life we have to be
brave enough to make risky decisions in order to be successful.

[Questat]

If your income from crypto trading is greater than the full time job you left behind, it is best to focus on crypto trading. Because everyone has
different abilities, if your passion is in crypto trading, just do what you think is right. Most people are hesitant to step up, but I admire people
who dare to take a stand like you. I wish you become a successful trader, and can generate the profit you want. Sometimes in life we have to be
brave enough to make risky decisions in order to be successful.

Yeah, there is something we need to do just to succeed. Being in a job is just a security that we have the money every end of the month but that only a fixed amount unlike we do good in trading, it gonna be unlimited. This is the comparison of having a job and you can find other better opportunities if you keep that job till forever unless if the salary is bigger than good enough. Of course, an opportunist person will choose those who can give the best even the risk is higher.

[leea-1334]

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

I think the best is to set aside a whole amount and never add to it, and keep it like a gambling fund (or okay whatever trading fund if you want),,, and consider that is all you will get. Bills and other expenses should never suffer for these kinds of funds. Like all IPO brochures will tell you, never invest what you are not willing to lose!

[jrrsparkles]

It's nice that you found what you really like though it can be risky since trading is not always have a positive outcome especially the market is volatile.

It is nice but to everyone who reads this and is also naïve to think that they can do it too, heed my warning, everyone has different circumstances and you can't have the same results as OP.

No one should leave their job because they found other easy way to make money, the should think about leaving the job only if they have multiple sources of incomes and even few of them should give atleast basic guaranteed returns every month/year or else no one should be thinking about leaving the job just for their very short term success with crypto trading.

[gatti]

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

I think what is very important to pay attention to is time, because not all traders have the full time to see the conditions of the exchange because until now cryptocurrency price movements up and down cannot be predicted with precision, of course what must be paid attention to the second side is patience. it must be controllable and don't be influenced to sell the coins you buy at low prices.

In May of 2017, ​ I had begun my 4th month of crypto trading and struck gold. I had purchased a larger some of Antshare/Neo before it rebranded and made a large sum of funds. At that point I spoke with my wife and she was willing to allow me 6 months to make it happen. So I went full nerd, I was getting up at 5 am reading everything crypto. On my break, I would​d​d have different​ crypto related interviews playing in the background and it stayed like this for 3 months.Fast forward to September, and this is where I realized that crypto isn't just about knowledge, it's about connections.Fast forward to September, and this is where I realized that crypto isn't just about knowledge, it's about connections.

[TedMosby]

-snip-

I thought you did flash loan like on this video https://www.youtube.com/watch?v=ILBP38JrjTw
but I think I am wrong.
according to this post, twitter really did the magic too because twitter might be one of your monitoring tools, alongside your strategy to monitor exchange's hot wallets or deposit wallets. so, twitter is not that bad. Please keep updating this thread, especially on #1. I love being motivated by reading something like this. and good luck on your new journey.

[Hamphser]

-snip-

I thought you did flash loan like on this video https://www.youtube.com/watch?v=ILBP38JrjTw
but I think I am wrong.
according to this post, twitter really did the magic too because twitter might be one of your monitoring tools, alongside your strategy to monitor exchange's hot wallets or deposit wallets. so, twitter is not that bad. Please keep updating this thread, especially on #1. I love being motivated by reading something like this. and good luck on your new journey.

No surprise that famous social media mediums would be commonly used as a source of those information even if it isnt really hat much of preferred due to possible shill and hypes but when it comes to
updates and other things then this one is really sufficient or just fits out.

Quitting your job for in exchange with trading then it would really be risky because market is unpredictable you wouldnt know if you would make money or lose in a matter of day.

Its just fine because op is already aware with that and i would definitely do the same if im that really capable.

[Fredomago]

It's nice that you found what you really like though it can be risky since trading is not always have a positive outcome especially the market is volatile.

It is nice but to everyone who reads this and is also naïve to think that they can do it too, heed my warning, everyone has different circumstances and you can't have the same results as OP.

No one should leave their job because they found other easy way to make money, the should think about leaving the job only if they have multiple sources of incomes and even few of them should give atleast basic guaranteed returns every month/year or else no one should be thinking about leaving the job just for their very short term success with crypto trading.

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.

[Zemomtum]

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.

[jostorres]

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

You can't really do anything to stop people from doing whatever they want, if they want to spend time on crypto trading they will do that, if they are good they will make enough money to live forever with that money and will never work, if they are not good they will lose their money and go back to working. There is nothing that you could lose here, because it is something you try, there are tons of people who try new careers and crypto trading is a full time career if you ask me, if you can make enough profit you could live with that kind of money.

I obviously do not believe that I can be a full time crypto trader because if I believed it I would have done that, it sounds like a fun and entertaining job and there is no boss or customers which is even better, but at the other hand I am not capable of it so I do not do it, but I would support anyone who wants to at least try it.