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Author Topic: Former Employees From Major South Korean Firms Quit Their Jobs After Pocketing M  (Read 191 times)
aysg76
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April 26, 2021, 05:42:57 PM
 #21

It's really amazing that the employees of the company have risk taking capabilities and they decided to invest their money in crypto market which is highly volatile.The simple rule of trading is high risk high returns and same has happened with them as they have invested their life savings into crypto market and they have got unexpected returns.You cannot make millions or billion by working from 9-5 job which is not giving you any future guarantee.Trading or investment is best option if you want to secure your future.Definitely why would they work when they have saved enough for their remaining life but the main point is to cash out profits from the market before bull run ends and if you have not then this could be risky and loss generating factor.So you need to know your exit plans and how to make profits in the long run also.

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jostorres
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April 26, 2021, 06:27:23 PM
 #22

I read the news and found out that they might have won big on crypto investing. The companies did not disclose the reason for their resignation. I don't know how long they'll benefit from their investment, but giving up a job is also about giving up a career skill. Hopefully, they won't lose any of the money they won.
It is a really big decision to do for someone who earns money and not to mention that South Korean cities are the most expensive cities to live in. That's our only way to help them,hope that they don't regret their decision.
Yeah, I won’t be surprised if some people after seeing this news will go and start investing their savings and also take loans to invest in cryptocurrency, just because they saw that someone did it and was successful. Anyone that has plans to do such a thing should have it in mind that it might not turn out the same way for them, because they are about to take a huge risk that is going to affect them badly and put them in lots of debt if things should go wrong. Anyone that has plan to invest money should be making sure that the money that’s being invested is money that belongs to them and they can handle it if things goes wrong.

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Fatunad
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April 26, 2021, 09:28:42 PM
 #23

When it comes to crypto investment then it would really be giving out those kind of chances for you to make yourself rich but of course it would really be varying on what coins you are investing into because not all would really be guaranteed will able to pump out which would make the result on making lots of profits and also it is indeed some mix of luck because choices isnt really something simple specially if you do saw the
market had been flooded out with lots of coins in the market which would make the situation even more harder.Once you do get millions of profits then who would be the one would stick out into their
8-5 jobs? For sure majority will definitely be doing the same step and its good that crypto market can really give off these kind of chances.
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April 26, 2021, 10:00:34 PM
 #24

Yeah, I won’t be surprised if some people after seeing this news will go and start investing their savings and also take loans to invest in cryptocurrency, just because they saw that someone did it and was successful.
I hope that this will not become a mass phenomenon and Samsung, as well as other South Korean companies, will still have working and most importantly competent employees who will develop and produce good electronics and other useful goods  Grin But seriously, I am very happy for those employees who have earned good money in the crypto market and are engaged in other favorite things. I also hope that the number of people who have benefited well from such investments is greater than the number of employees who have lost their savings on this investment. Everything should be approached reasonably and it is not necessary to arrange gambling from crypto investments with loans. You just need to have a fairly good knowledge of the information on this topic of cryptocurrencies and not try to earn everything at once Wink
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April 26, 2021, 11:18:45 PM
 #25

I read the news and found out that they might have won big on crypto investing. The companies did not disclose the reason for their resignation. I don't know how long they'll benefit from their investment, but giving up a job is also about giving up a career skill. Hopefully, they won't lose any of the money they won.
This is the common scenario when a regular employee already makes a lot of profit from his own investment that taking the paycheck on doing the job, and maybe they are also planning to have their own company which makes them more worth it so I don’t think giving up will hurt your career, this will always depend on what steps you’ll take next. There’s a lot of ordinary people who become rich because of crypto investment, and that’s why many are still coming into this market for the hope of becoming rich soon, we cannot blame them.
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April 26, 2021, 11:29:45 PM
 #26

Another sensationalised news though, I bet there are thousands of us here we invested early as well, then quit their job because they have made so much money in bitcoin. Even in the bitcoin bull run in 2017, I remember others quitting their day job to focus on crypto trading, bounty hunting etc, everything that relates to crypto and making money and bringing food in the table for their families.

So for the former Samsung employees, good decision for them, it just shows that with good enough invested, a bit of luck regarding your entry points, you can rake and be a self made millionaires here in crypto space.

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April 26, 2021, 11:44:31 PM
 #27

Theres a whole movement globally for people who want to retire early, some do it evenly and in a planned way and others put it all on red and spin the wheel.,   Either way can work but the real test is keeping hold of your riches and appreciating the various changes in market over time, retaining wealth vs costs is not as easy as it appears at first.   I wonder what the tax laws in Korea might be for large capital gains, seems most government dont like people gaining alot at once without giving them some also and by some I mean maybe as much as half.

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