ultrloa
Legendary
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Activity: 2870
Merit: 1258
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May 17, 2021, 01:30:02 PM |
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"Goldman Sachs banker quits after making millions on cryptocurrency" - That's the headline on one of CNBC article~ Aziz McMahon, Goldman’s managing director and head of emerging market sales in London, quit after making millions of pounds from a bet on the digital currency ether, three former employees at the investment bank told CNBC.
~ McMahon is believed to have cashed in at least £10 million ($14 million) worth of cryptocurrency, the sources said.
~ When approached by CNBC, Goldman Sachs confirmed McMahon’s departure but declined to comment any further. I purposely left out the coins he bought and profited from because it's irrelevant. The guy must be earning big already given his former position but it took investment in cryptocurrency to quit his job. How about you? Do you see yourself quitting your day job after this current bullrun? I hope you make enough to start with a business of your own. I already quit my job last 2017 bull run and so far I manage to buy a farm which give me yearly sustainable passive income and also my crypto venture still profitable so I'm happy right now that I don't need to go to office and work without happiness. Hopefully others will also think about building up a offline business and will not spend their earnings on nonsense thing so that they can get out on office slavery.
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mu_enrico
Copper Member
Legendary
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Activity: 2450
Merit: 2211
Slots Enthusiast & Expert
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May 17, 2021, 01:33:40 PM |
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I don't think I will quit even if I have millions of dollars since I don't know what to do if I'm not working and I'm already an entrepreneur ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) But this is reasonable advice if you really hate your job and want to try something else. But to stop working and just having fun every day is not good, as human needs challenge, sweat, sad and happy moment, to live the life fullest.
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AicecreaME
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May 17, 2021, 01:36:06 PM |
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I don't see myself quitting after this bullrun. Even after my investment already profited, I don't plan on leaving cryptocurrency community. Foremost, this field gave me so much opportunities. It taught me how to manage my money and to be strategic on where to put your hard-earned funds. I plan to continue investing for long term for my pending goals as well to be ready for my retirement year.
Secondly, considering the range of salary nowadays, it's hard to save money. It'll take a very long time for you to save enough because you're even barely making something for survival during the present time. Unless of course if you have another stream of income, then good for you. You can quit peacefully because you have already secured your portfolio. However, in my case, I don't plan on being enslaved with work that just occupies most of my time without proper compensation of my skills and expertise.
Lastly, I love investing on crypto. I know it's volatility that's why I'm also cautious on how I will manage my investments. It gives me satisfaction whenever I trade. I always weigh the risks before diving into it; may it be spot trading or in futures. Do what suits you. This is just my personal preference. I know that we have different takes on this matter.
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ipanks
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May 17, 2021, 02:09:55 PM |
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How about you? Do you see yourself quitting your day job after this current bullrun? I hope you make enough to start with a business of your own.
I do not want to quit what I did on crypto even if I can make thousands of dollars because I found that crypto is my passion, although I do not have many skills. But it is like I found my own world in crypto and I still want to use crypto in my daily life, maybe until I leave this world. But I will try to start a new business later when I can make more money.
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bosede1
Member
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Offline
Activity: 714
Merit: 16
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May 17, 2021, 03:15:56 PM |
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With or without the Bullrun I personally plan to retire really to be my own boss, making enough money and fully strategized on what so ever plan and businesses that I want to venture into can make me quit my job. But this particular bullrun won't be the one leading to my quitting maybe later in the future.
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rajakulam
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May 17, 2021, 03:35:30 PM |
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I would also do things where if I was in his position, working at the company was very boring for me, because I had to follow my boss's procedures, and if I had enough money I would rather open a business that is clearly profitable and self-managed.
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Bitstar_coin
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May 17, 2021, 03:55:46 PM |
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I don't think I will quit even if I have millions of dollars since I don't know what to do if I'm not working and I'm already an entrepreneur ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) But this is reasonable advice if you really hate your job and want to try something else. But to stop working and just having fun every day is not good, as human needs challenge, sweat, sad and happy moment, to live the life fullest. Although i haven't quit just yet but i always nurse the idea to quit my boring job when the time is right, and am also left with the thought of what i will do wit myself when i eventually quit my job, for now i will keep exploring my thoughts untill i decided on something to do, i can imagine how it feels like to just have fun everyday without any pressure from work, travel and see the world.
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Yatsan
Legendary
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Activity: 2520
Merit: 1244
Leading Crypto Sports Betting & Casino Platform
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May 17, 2021, 04:36:05 PM |
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I would still continue working on my day job even after creating tons of money with cryptocurrency and that would supposedly mean I will to be the boss of my own business or company making me not to quit my day job. But if I am just an employee, probably I will quit after making big money to fund my own business or company because that is already an opportunity for me to create bigger possibilities for my own.
But with regards to quitting with cryptocurrency after the bull run. Probably not. I cannot see myself quitting with cryptocurrency after the bull run for I have already been here for years and it seems like it became part of my daily life situation and have already been through many challenges about cryptocurrency ever since I have got engagement in here. I am seeing no valid reason for me to quit working on with cryptocurrency anymore because despite of many negative news or comments regarding it, I have still stayed with it.
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jostorres
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May 17, 2021, 04:58:56 PM |
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I don't see myself quitting after this bullrun. Even after my investment already profited, I don't plan on leaving cryptocurrency community. Foremost, this field gave me so much opportunities. It taught me how to manage my money and to be strategic on where to put your hard-earned funds. I plan to continue investing for long term for my pending goals as well to be ready for my retirement year.
The question is that if you would quit crypto world, it is quit working. I mean if you made so much money from the crypto world why would you stop making profit from the crypto? That would not make any sense at all and that is why I believe people will keep on making profit as long as possible if they can, BUT they may quit their job if they do that. For me personally, I did say for years that I would stop "working" if I had a lot of money, but it has to be a lot of money, even if I have like 100k-200k dollars (which is a ton of money in my nation, can buy a huge villa) I would still work, I would have to have 1+ million dollars to completely stop working, and only if I can, if the thing that allowed me to have a million dollars requires me to keep working I would be glad to do that as well. This is why I agree that crypto should always be in our lives.
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dezoel
Legendary
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Merit: 1081
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May 17, 2021, 05:30:36 PM |
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If I should make millions of dollars from my investment in cryptocurrency, of course I am going to quit my stupid day job. The reason why most of us quit is not just because of the type of jobs that we are doing, but because the people we are working for can be so easy, and it's so damn annoying to have bosses that have no single sense in them.
So, if I should make millions of dollars by investing in cryptocurrency and trading then I am going to quit my job and open my own business. Seriously, it's best to have your own job and have peace of mind, knowing that no one is going to be telling you what to do and acting really stupid just because you're under them. The dream of most people to be under anyone, but have their own business and be rich and successful. Though I am not waiting for cryptocurrency to give me that life, I am already working hard towards that and by God's grace I'm getting there.
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CryptocurencyKing
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May 17, 2021, 06:18:06 PM |
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How about you? Do you see yourself quitting your day job after this current bullrun? I hope you make enough to start with a business of your own.
Quiting on a job because of an accumulated worth of something, in this case, cryptocurrency is one thing and quiting only to regret later is another. To be able to take such a decision without any regrets, you must first ensure that its actually worth it. In the sense that, you have a regular and sustainable source from your new trade, if that is archive able, then there isn't a chance in hell not to quite. What better joy would you have to be in charge of all your affairs, determine how much work you wish to put in to get desired results and working at your own time and pace. Regular jobs could be really stressful and boring but, thats when you ain't doing what you love and was totally in it for the money. Should it be what you love and could actually be happy at your job, then the bullrun closure won't make me stop.
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o48o
Legendary
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Activity: 2982
Merit: 1149
Leading Crypto Sports Betting & Casino Platform
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May 17, 2021, 08:12:57 PM |
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I won't ever quit probably. I like this scene and i feel like i am part of something. Also i know more every day and i am better in this then many other jobs i have. Also i can pretty much make my own schedule and work from home. And this fills the need for excitement that i would need to fill otherwise with probably bad choices.
I get to learn a lot and found new friends. Which is great because i don't have IRL friends to talk about this and cryptos are something i really enjoy talking about.
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livingfree
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May 17, 2021, 08:14:57 PM |
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Not with this bull run I guess. My holdings isn't that big as that banker to quit. I think it will take another bull run or two before I finally say that I quit but there's also the mindset that tells me, why I should quit? there's no need to quit if you're still getting the profit through just investing on it.
As we grow old, our mindset changes, our desire changes and our decision matters based on our situation. Maybe with what I've said it's because of my situation but if I get better then that would also change.
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Fortify
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Crypto Casino and Sportsbook
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May 17, 2021, 08:23:29 PM |
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~ McMahon is believed to have cashed in at least £10 million ($14 million) worth of cryptocurrency, the sources said.
How about you? Do you see yourself quitting your day job after this current bullrun? I hope you make enough to start with a business of your own.
I think few people here will ever achieve anything like those figures, this ex-banker was likely on a 6 or 7 figure salary before this and had a lot of fun money. The average fun money most people have is a few hundred dollars, his fun money may have been tens of thousands. If he had large holdings of Dogecoin when it was still worth less than half a cent then he would have made colossal gains. The rich get richer. The best plan for most people is diversifying and not holding all your eggs in cryptocurrency - seriously, learn about how the stock market works and make sure you own real estate property. Spreading your money and lowering your average risk is the most sensible plan, even if it is not a very exciting one. Starting a business is not for everyone, but you can own pieces of great businesses and avoid all the hard work by investing in stocks. Personally, I go slow and steady with a small Bitcoin holding.
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South Park
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May 17, 2021, 08:46:42 PM |
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"Goldman Sachs banker quits after making millions on cryptocurrency" - That's the headline on one of CNBC article~ Aziz McMahon, Goldman’s managing director and head of emerging market sales in London, quit after making millions of pounds from a bet on the digital currency ether, three former employees at the investment bank told CNBC.
~ McMahon is believed to have cashed in at least £10 million ($14 million) worth of cryptocurrency, the sources said.
~ When approached by CNBC, Goldman Sachs confirmed McMahon’s departure but declined to comment any further. I purposely left out the coins he bought and profited from because it's irrelevant. The guy must be earning big already given his former position but it took investment in cryptocurrency to quit his job. How about you? Do you see yourself quitting your day job after this current bullrun? I hope you make enough to start with a business of your own. Not yet, thanks to bitcoin many opportunities have opened to me which I did not had access before, but we must take into consideration the next, the pandemic is still ongoing and we do not know when this is going to end and having a job now is a blessing, obviously if I had 14 million dollars as the person you bring up on the news I will quit now, but since that is not the case I prefer to keep my job and all the benefits that comes with it.
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paxmao
Legendary
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Do not die for Putin
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May 17, 2021, 09:38:10 PM |
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Quit what? Smoking you mean? Nah, the tendencies are now exactly the opposite, people who already have a good deal of wealth are actually depositing part of it in crypto, precisely bitcoin to defend themselves from the irresponsible monetary policies, which is why bitcoin exists in the first place. Moving part of my assets to something else than crypto, certainly yes, I have always been in favour of a balanced portfolio and that applies to all my assets. Most people have a large part of their wealth in the form of a house, I personally concentrate much less and my job is just another income diversification. Like posting with a campaign signature ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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awik p
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Pepemo.vip
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May 18, 2021, 06:12:37 AM |
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"Goldman Sachs banker quits after making millions on cryptocurrency" - That's the headline on one of CNBC article~ Aziz McMahon, Goldman’s managing director and head of emerging market sales in London, quit after making millions of pounds from a bet on the digital currency ether, three former employees at the investment bank told CNBC.
~ McMahon is believed to have cashed in at least £10 million ($14 million) worth of cryptocurrency, the sources said.
~ When approached by CNBC, Goldman Sachs confirmed McMahon’s departure but declined to comment any further. I purposely left out the coins he bought and profited from because it's irrelevant. The guy must be earning big already given his former position but it took investment in cryptocurrency to quit his job. How about you? Do you see yourself quitting your day job after this current bullrun? I hope you make enough to start with a business of your own. Not yet, thanks to bitcoin many opportunities have opened to me which I did not had access before, but we must take into consideration the next, the pandemic is still ongoing and we do not know when this is going to end and having a job now is a blessing, obviously if I had 14 million dollars as the person you bring up on the news I will quit now, but since that is not the case I prefer to keep my job and all the benefits that comes with it. why get out of this business, while we already recognize the characteristics of bitcoin. that way we can minimize risk and gain profit in order to increase our assets so that we can become people who have achieved financial freedom later, but when you think about it, trading bitcoin seems to have become a hobby for me.
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Leviathan.007
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May 18, 2021, 07:46:40 AM |
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I'm not sure if I will have any 'quitting' plan even during the bullrun. Investing on financial markets and bitcoin is my second job and my first income because I spend less time and earn much more money. However, I still need my own job to have a passive income other than the money I earn from the crypto market. Even if I earn millions from bitcoin, I will still not quite my job because having a job will give my life discipline other than the fixed income I get from it.
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bakasabo
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May 18, 2021, 08:12:59 AM |
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I would quit my job if cryptocurrency received worldwide acceptance, be stable or at least less volatile. But that is hard to achieve and it will take ages to achieve. What I dont like in general is a huge volatility. I have a family to feed. During last 2 weeks, my portofolio's value has decreased for 20%. I cant imagine myself going to my kid and saying that now we will wear 20% less of our clothes and we will eat 20% less food. Because an explanation like "you know, that is all because some uncle wrote something on twitter" wont be accepted or understood.
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Gorosden
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May 18, 2021, 08:26:23 AM |
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Payouts are always different depending on your country, in mine I prefer crypto over jobs because jobs sucks so bad in my country and crypto is paying me more either in bear or bull market so I quit jobs years ago
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