Don't ever quit your job to trade crypto.

[Ninsalsa0.org]

it was my dream.
I deposited my money in any project and at that time I just had a dispensation fund because the company I worked for stopped operating. that's cold money, but still when the project is a scam or the price is too low and falls, it's not effective when used for reserve funds because shitcoin is so volatile and steep.
if trading means for fishing. Spreading benefits and profits, while working remains as a provision when thirst comes. I agree and it is very effective for daily fund backups.
indeed there are some people who may be reckless and only focus on selling tokens/crypto on a P2p basis and make it their main job. I've seen those who focus on social media on research, profit results and the success of funds in choosing projects.
Of course it takes a long time, money that is ready to be sacrificed and thoughts, energy that must be focused.
I realized I'd better learn from many people's experiences and enough backup for a buying and selling plan, saving in the future
cryptocurrencies are the future and the industry is even the financial instrument that many people need and this is the reality that we have the right to choose too

[1714264879]

1714264879

[Don Pedro Dinero]

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.

Categorical statements like the one you make are usually not true. I admit that it is so in most cases, but it is not the same case of someone who because he has obtained good results in trading in a few months, leaves his job to devote himself to them full time with the right money, than someone who has a large estate, positive results for years and does not need to get a very high percentage of return on their funds to live.

[electronicash]

it was my dream.
I deposited my money in any project and at that time I just had a dispensation fund because the company I worked for stopped operating. that's cold money, but still when the project is a scam or the price is too low and falls, it's not effective when used for reserve funds because shitcoin is so volatile and steep.
if trading means for fishing. Spreading benefits and profits, while working remains as a provision when thirst comes. I agree and it is very effective for daily fund backups.
indeed there are some people who may be reckless and only focus on selling tokens/crypto on a P2p basis and make it their main job. I've seen those who focus on social media on research, profit results and the success of funds in choosing projects.
Of course it takes a long time, money that is ready to be sacrificed and thoughts, energy that must be focused.
I realized I'd better learn from many people's experiences and enough backup for a buying and selling plan, saving in the future
cryptocurrencies are the future and the industry is even the financial instrument that many people need and this is the reality that we have the right to choose too

yes. crypto is the future until you experience a bear market. the investors in 2021 are already seeing the cons when they saw the price didn't stop plunging down to $33K. they'd lose more if they got into options.

it's recommended to just take trading as a hobby while you still are learning. even the pro will find it hard to make money when the market swings in every direction every day. while you are trading in spot market, just continue with your day job, it helps covering the loss.  

[BD Crypto]

You said newbies should not quite their jobs because of crypto trading but I say they should not start trading until they have much knowledge about trading. Newbies should try crypto trading with demo funds that will make him experienced.

[Mate2237]

Quiting job because of crypto currency trading is caused by the lack of understanding about how the market works.

[Davidvictorson]

There was a point in my life when I seriously thought of quitting my job to go into crypto full time. There was also a time when I lost my job and crypto was all I did full time. Funny isn't it. The thing is, I think it all comes down to the individual, his or her level of experience in trading crypto, personal savings etc. I know some folks who have risked it all and gone into trading crypto full time after they quit their job and luckily enough they made it. In summary just count the cost before making any move.

[Israelgogo]

Knowing fully well that everyday isn't a rainy day ,There are days for surplus and there are days to lack ,in as much as Crypto makes you smile,Consider the days when it wont favour you,Having a constant paying job will save you during the cryto hard Time.

[Bhig Daddy]

This topic have already been spoken about before, but it a good thing you bring it back to our notice, i will never advice anyone to quit their jobs for crypto, at least your job should serve as a pole of risk for you. Beside who will say no to multiple sources of income.

[YinShuiSiYuan]

This topic have already been spoken about before, but it a good thing you bring it back to our notice, i will never advice anyone to quit their jobs for crypto, at least your job should serve as a pole of risk for you. Beside who will say no to multiple sources of income.

Quititng Job is worst mistake one can do. There are bear seasons where your investment may struck for weeks and months, what you do during that season to feed your family? Not everyone is good in day trading, majority of day traders are in loss. To me crypto is best as part time job, keep your job to get constant stream of income while invest in crypto to get additional profit which you can invest somewhere.

[Lida93]

Quiting ones job or source of income because of another source that rises is like cutting down away orange tree because you have  juice.

Why not keep the tree while you enjoy the juice together. Cause definitely the juice will finish but the orange tree will always replenish.

At the end many streams of income is all that matters together.

[Gosgosking]

There was a point in my life when I seriously thought of quitting my job to go into crypto full time. There was also a time when I lost my job and crypto was all I did full time. Funny isn't it. The thing is, I think it all comes down to the individual, his or her level of experience in trading crypto, personal savings etc. I know some folks who have risked it all and gone into trading crypto full time after they quit their job and luckily enough they made it. In summary just count the cost before making any move.

What matters is experience and how the person is that will make one of thinking to quit job. People differs and not everyone are the same , quiting the job for trading may not work for everybody but can also work for few persons who are expert in trading. It is possible for someone to get good profit from trading as allowance.

[Shamm]

Quiting ones job or source of income because of another source that rises is like cutting down away orange tree because you have  juice.

Why not keep the tree while you enjoy the juice together. Cause definitely the juice will finish but the orange tree will always replenish.

At the end many streams of income is all that matters together.

In short, crypto must be your sideline not a main source of income but some people leave their steady/ regular job to focus on crypto trading they don't care about regular jobs offer from their respective countries all they mind is that they can earn a lot because of trading without knowing that   trading is unpredictable not every day you will and gain profit. But all of these are base on decision of every single person cause when he/ she will leave or stay on his/her regular jobs.

[Rockstarguy]

It is very abnormal to quit job for trading, people may choose to take such decision but it is a wrong decision that will affect such person financially. It is possible for one to get reasonable amount of profit from cryptocurrency trading that should not give anyone the mindset that profit can come any day or anytime he/she wants it. Getting profit from trading is unpredictable, when one depends only trading such person will be so desperate for profit because that is the only source of income to survive.

[Finestream]

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.

Trading is hard, and it will be a lot harder if you are still new to it. But even so, whether you're a legend or a newbie in trading, quitting your job to focus on trading is a very risky decision, so i won't suggest doing it. Instead, make trading as your side job, that way you will never put your life into future troubles. Its good to have a stable job that gives a fixed income and at the same time a side job that generates additional income. If you can do it, that will grow your finances in time.

[isaac_clarke22]

~

It's not the worst mistake depending on the case. If you're being mentally abused already in workplace, I am not sure why you would stay longer in your full-time job. Depending on the reasoning, it could be a really bad mistake or the best one you could ever do. Job hopping is not that bad if you already have a good amount of experience. Making a gap might be a questionable though.

[dataispower]

You said newbies should not quite their jobs because of crypto trading but I say they should not start trading until they have much knowledge about trading. Newbies should try crypto trading with demo funds that will make him experienced.

Try to understand what it meant not to lose your job because of trading cryptocurrency. Even though you have experience. Op tried let us understand that trading for cryptocurrency should be use as side hustle. Not life hustle, because no body know what trading can result today and tomorrow if you lose or you make profit. And is not good lose sur bird for hand and start chasing the one you don't know the way about

[taufik123]

Trading is hard, and it will be a lot harder if you are still new to it. But even so, whether you're a legend or a newbie in trading, quitting your job to focus on trading is a very risky decision, so i won't suggest doing it. Instead, make trading as your side job, that way you will never put your life into future troubles. Its good to have a stable job that gives a fixed income and at the same time a side job that generates additional income. If you can do it, that will grow your finances in time.

At first I did what you described. Cryptocurrency work became a side job and a main job in the real world became my main source of income. But over time, I was laid off from my real job because the company went bankrupt. and currently only working in cryptocurrency as a trader and working on the bounty signature that I am currently following.
Crypto jobs are indeed very risky, but if we know what to do and how to earn money from crypto, it can be a source of income that exceeds real work. It depends on how we want to try or not.
If it's still possible to have both jobs that's even better.

[Munir575]

When you already have a good paying job its not advisable to quit your job and go into crypto trading because a fish at hand they say is better than a thousand in the river. If you've always dream to be a trader its not bad chasing your dream you can always combine both jobs and gradually when you are stable enough you can now decide on which one to quit.

[firmino10]

its just like saying that because one make some investment, they cant go after what they love doing. if one wants to quit his/her job on the bases of not getting satisfaction, stress, poor working environment, low income and not meeting ones emotional, financial and mental needs that's a different thing entirely. or one wants to focus of cryptocurrency alone, which is risky but is ok if the person can handle it. cryptocurrency is an investment that can go along with other investment. so one don't have to quit the job they loving doing because of cryptocurrency. its all about time management. sighting an example of musk, Akon and others. they keep investing in other things and doing that which give them fulfilment.

[alik111]

Its a great advice from OP. Many new traders come in the market and think that they should invest his full time in crypto trading. But the truth is if you are a good technical analyst you don't need to quit job. So never take risk in this volatile market by quiting your permanent job.