Don't ever quit your job to trade crypto.

[ReiMomo]

I see a lot of newbies ask whether they should quit their jobs to trade crypto, and my honest advice is you should not try it.

The thing with any investment or business is that, no matter the amount of money you have, it is always good to start small and grow over time (don't test water depth with both feets). Because you are entering a new market and you need time to understand the market. Your job will stand as an insurance for you, in case of any loss. So keep your job, continue investing in crypto and growing your portfolio until the money you make from crypto is more than enough to pay for your lifestyle and also save. Then only can you quit your job.

Unless and until you are equipped in trading earning more than what you are earning from your job, than do not quite your job. Start trading as a part time job, learn its pros and corners and analyze what you are able to invest and how much you are able to take returns from the capital. Its common to all new traders to jump into it without much experience. Its not wrong but yes learn, stand by your own and yes quite your job.

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[Dragonfund]

You can't do jobs with real crypto trading, you need to face one and leave the other to become a pro in trading, I'm not talking about casual traders but the real deal here, there are few things to overcome physically and mentally if you really want to be a pro trader

The circumstances may not be as you view it buddy, look at a YouTuber who always give update to his viewers and give some insight about what's the hot thing in cryptocurrency and trading can do the two together with out affecting the other part. It will even make it easier for him to give more content to his subscribers from his experience and journey while making thread in the market.
The thing is, don't ever quit your job because of trading as anything can happen and the other may be your safe haven.

[taufik123]

Crypto trading is a part time job that can be flexible with all kinds of real jobs or other jobs. Crypto trading can be done anywhere and anytime.
Do not leave the main job if crypto trading does not affect the main job.
There's a lot to think about, if it's just a beginner and trying your luck, real work is to support your capital in crypto trading.

Until now I still have a main job and crypto as a part time job.

If you want to leave your main job, of course your trading income must be consistent and will guarantee your life in the future.

There's a lot to think about. adapt to your life, don't be too pushy to continue trading or to leave your real job.

[passwordnow]

Seriously I believe you shouldn't have one one source of income

Do you mean to say that you believe that everyone shouldn't only have one source?

if you are having a job then I will advise you not  to quit your job for a trading and if you are a trader I will advise you to have another source where you get money from if you really want to make it in life you should have different source where you get money from. You can be a full time trader and get another job or business which will just be like part time business and if you are having a job you can make trading part time business.

There are traders, the good ones that settle for good and can stay be a trader all the days of their lives especially if they've learned different charts and patterns. They can analyze and do technical analysis and as well as fundamental analysis which can help them to survive in different seasons of the markets so having one or two sources while being a trader can easily be done by them but, most of them are choosing freedom.

[Taskford]

You can't do jobs with real crypto trading, you need to face one and leave the other to become a pro in trading, I'm not talking about casual traders but the real deal here, there are few things to overcome physically and mentally if you really want to be a pro trader

The circumstances may not be as you view it buddy, look at a YouTuber who always give update to his viewers and give some insight about what's the hot thing in cryptocurrency and trading can do the two together with out affecting the other part. It will even make it easier for him to give more content to his subscribers from his experience and journey while making thread in the market.
The thing is, don't ever quit your job because of trading as anything can happen and the other may be your safe haven.

This is the reason why many newbies fail because they always live up with their fantasy and think about always winning when they do trade but in reality we cannot really assume that in a day we can earn decently knowing market is so unpredictable and even how good you are doing a technical analysis still this will never give any guarantee that we can precisely hit our targets. That's why its always better to stay on your job and do trade since for this we can make our life stable and away from being broke.

[Falconer]

This is the reason why many newbies fail because they always live up with their fantasy and think about always winning when they do trade but in reality we cannot really assume that in a day we can earn decently knowing market is so unpredictable and even how good you are doing a technical analysis still this will never give any guarantee that we can precisely hit our targets. That's why its always better to stay on your job and do trade since for this we can make our life stable and away from being broke.

It is difficult for a trader to quit his job just because the market fluctuate all the time. Some of them may be able to make hundred to thousand of dollars a month but they cannot be consistent with their profit. That's because price fluctuation are the main problem.

The win is on the investors side where they can generate high ROI as they invested in bitcoin and some altcoin in the past to present. I believe 90% of investor who bought bitcoin since 2015 with a capital of $5000 for 20 or 21 bitcoin and held them until 2021 at least until april can quit their job once they profit by selling all the bitcoin. No job in government can earn like that in just 6 years unless they are corrupt. So if someone want to quit their job just because they are interested in bitcoin or altcoin then become an investor.

In my country if someone spends as much as $2000 every month just to make end meet then they are rich people. So the 21 bitcoin he bought in 2015 could support him for 60 years. This is just my guess.

[Smartvirus]

One thing people ought to avoid in life is limitations. Don't even think of giving yourself one for a second! Limitations keeps you away from the opportunities or rewards that follow whatever. Its a high stake risk to live what comes with a lot of assurance for something that has a probability nature about it. I've never seen anyone that we could say is smarter than the market, you can only try.

So, dumping your job or career for cryptos is not a bad idea. What stops you from having two streams of income? Try a merger and you just might win in both.

[KingsDen]

I see a lot of newbies ask whether they should quit their jobs to trade crypto, and my honest advice is you should not try it.

I don't think trading is that greedy that you cannot be trading and still be doing your work. If it's truly a passive income, you should find a way to combine both and grow your portfolio.

[Trojane]

Hey.! Lets be honest here
Trading is someone's investment,creativity,time and business.;someone sat down to program everything including the BOTS that trade for most companies too. Now if you're trading forex and maybe you didn't read the news for the day properly so you ended up selling gold when the market is set to buy: automatically you're running on loss,the candles are useless and will keep reading minus.
The question is,
* where do loses go to? Vanish into thin air?
The company and its affiliations are all making huge profit daily as you lose coins so how then will someone with his right senses abandon his job for trading? No body does that anyways

[suzanne5223]

Hey.! Lets be honest here
Trading is someone's investment,creativity,time and business.;someone sat down to program everything including the BOTS that trade for most companies too. Now if you're trading forex and maybe you didn't read the news for the day properly so you ended up selling gold when the market is set to buy: automatically you're running on loss,the candles are useless and will keep reading minus.
The question is,
* where do loses go to? Vanish into thin air?
The company and its affiliations are all making huge profit daily as you lose coins so how then will someone with his right senses abandon his job for trading? No body does that anyways

You make some important points but some people's decision when make profit trading from time to time especially during this season that the market is always bullish will surprise you because when they are making awesome profit they always thought that how the market will always be. This remind what some Twitter influencer tweeted " in the bullish market every trader is an experienced trader".

[CryptoCraze11]

Not everyday is Sunday, crypto is bullish and majority of people these days are in profit but this bullish season wont last forever. Market has to take correction after such a massive bull run that may last for weeks or months. IMO best strategy in crypto trading is to HODL i.e. buy at low and hold till you get your target price. If you are a HODLER then you don't need to see market all the time nor you need to quit your job. Its really that simple.

[Jawadu]

Of course yes! I would not recommend quitting a job for trading, especially for beginners. The Crypto world is very risky, even businesses are risky but at least it is easier to have a stable income from a physical business than trading. Though there are some people who are earning only from trading, most of them have joined crypto years back! So they know everything about crypto and they are always ready to take the risk.

[TheNineClub]

I don't understand where they get the idea that that is even an option. I blame all the hype influencers that are honestly misleading people. They do more harm than good. Crypto should be treated as a social experiment and perhaps a way to boost up your home budget. Everything else is just fools gold.

[Rengga Jati]

If you are newbie, never do it because it will be very risky and you may lose your job and money.
If we are not newbies but we still cannot put our time and efforts maximally to trading, also don't do it.
If we cannot still have good management and also readiness, also don't do it.
If we thin that we are ready at all, with the fund management, risks, income, ad also daily activities, yeah we can do it for trading.
Actually, successful can be reached by doing whatever we want and possible for us, not to follow others, not to think or do over than what we an do. Although we need to be out of the safe zone, doesn't mean to risk ourselves highly. Moreover risking our family, except, we are all ready for that

[CryptoHeadlineNews]

Trading on its own is always like a double side coin, whereby you could make profit or lose. But quitting your job to trade is the biggest mistake anyone could ever make. Because in life there is always a provision for a backup plan, and a job is a backup plan in case of any lose in trade.

Thank you🙏🙏

[GeorgeJohn]

I see a lot of newbies ask whether they should quit their jobs to trade crypto, and my honest advice is you should not try it.

I don't think trading is that greedy that you cannot be trading and still be doing your work.

It depends how you trade, if actually you are inquisitive or desperate in trading you will not have time to perform other duties or function provided that you are a trader, because trading require time factor which your other functions will not allow you to concentrate immensely in order to monitor your trading movement, the reason while some people lose in trading is because of not be conscious of time factor or misused of time frame, like during trading some people fall asleep and within the range of time they won't be able to detect when Market is against.

[tvplus006]

It does not make any sense if one quit his / her job for trading. Do not take trading as source of income because their maybe loss in trading. If planning to quit trading there must be something like business at hand that brings income always, trading is meant for financial support.

You can consider leaving your job only if trading and investing in cryptocurrency support the needs of your family and take about the same amount of time as the main place of work. Thus, trading will cease to be a hobby for you, and in this case you should become a professional trader.

[blatchcorn]

You can consider leaving your job only if trading and investing in cryptocurrency support the needs of your family and take about the same amount of time as the main place of work. Thus, trading will cease to be a hobby for you, and in this case you should become a professional trader.

I bet no one can full fill this requirement. Crypto is bullish these days and almost anyone can make profit in such circumstances, only those who get over excited because of this bull run can think of quitting the job. Relax, this bull will be over soon and bears will take over. Those who think quitting there job won't ask such question once we are in bear season.

[pawanjain]

I have seen many people wondering if they should quit their job just because they started making profits.
What they don't understand is it is not necessary that they will continuously make profits in consecutive trades.
They might even lose money in the bear market if they don't execute the right trades.
Yet they are determined to quite their job. One should never quit their job before they have 5 years of experience in trading crypto.
Also, if you are young then you can take the pressure of doing a day job while still trading crypto part time.
This will increase your sources of income which you can again use in trading.

[AakZaki]

Seriously I believe you shouldn't have one one source of income if you are having a job then I will advise you not  to quit your job for a trading and if you are a trader I will advise you to have another source where you get money from if you really want to make it in life you should have different source where you get money from. You can be a full time trader and get another job or business which will just be like part time business and if you are having a job you can make trading part time business.

Even since about 2013 I've been trading bitcoin and I've been working at a company I didn't leave that. I'm trying to run side by side. I want to keep having a lot of friends from all walks of life. Although I know the money opportunities from crypto currently exceed my salary at the company. Although I believe today Crypto traders can be used as a job and make money.  But if you're a new person who knows crypto and immediately wants to give up your real job, then that's not what I recommend. Crypto has a greater risk that even your money can run out overnight.