Can our work be turned into a full-time investment?

[BigBos]

Under the current situation, many companies are facing bankruptcy or layoffs at any time, and we do not know what we will face tomorrow.
Do we need to switch our jobs to online jobs or a full-time investment in cryptocurrency?If you were fired by the company, would you still find a job you love as quickly as possible?Or you might choose to relax your mind and look for work again after a while.
Do you have better advice for work?

when indeed you are fired from the company, the option to calm down first is the most effective in my opinion, rather than directly looking for a replacement job directly.
but maybe the condition of each person is different, depending on how the situation, and needs. A wise decision is a decision that considers the current situation first.

I can't give you more advice, as I don't really know your current situation.
As long as you are still working in the company, I think showing the best performance at work is the solution, basically the company will retain employees with the best integrity.

[Pamadar]

Under the current situation, many companies are facing bankruptcy or layoffs at any time, and we do not know what we will face tomorrow.
Do we need to switch our jobs to online jobs or a full-time investment in cryptocurrency?If you were fired by the company, would you still find a job you love as quickly as possible?Or you might choose to relax your mind and look for work again after a while.
Do you have better advice for work?

Economic conditions are indeed difficult and this also has an impact on cryptocurrencies, the average market drop is more than 20% this week and makes investors cry, many panic and choose to sell with loss and look for other types of investment, the thing we need to think about is that investment In addition to income, of course we must have many sources of income.

It is a good practice not just to rely on one source of income but instead, if possible, to have more sources of financial
investments as it can support your losses.

More on your knowledge and how ready you are when a difficult time like this takes place,
it's not an easy journey since there are many factors that you need to learn, but if you
already gained enough experienced maybe you can focus on this business and see if you
can support your financial needs by dealing with your investment.

[serjent05]

Under the current situation, many companies are facing bankruptcy or layoffs at any time, and we do not know what we will face tomorrow.
Do we need to switch our jobs to online jobs or a full-time investment in cryptocurrency?If you were fired by the company, would you still find a job you love as quickly as possible?Or you might choose to relax your mind and look for work again after a while.
Do you have better advice for work?

Having a plan to go for a full time investment in cryptocurrency is good but you also need a job.

True, cryptocurrency investment is one of the hottest trend of investment today but not all investment produce good outcome.  Besides, established cryptocurrency often needs a long term investment in order to realize our profit.  If we don't have that much money that will support us for a year or two, we must planned the transition carefully.  So leaving the job is not an option here.

It is terrible to depend in your investment as a source for leaving .

True because the cryptomarket is highly volatile, today its ok, but tomorrow is not.  Having that kind of the main source of income will put us in financial stress.



 

[Smartvirus]

I don't think it's wise to be at the mercy of someone all the time, watching yourself to not fault a policy (although, your not supposed to fault a policy even in your own organisation) and even when you don't, you sty in constant fear for your job based on the changing circumstances.

Nothing stops you from starting up something from the funds you've generated over time. It comes with some guarantee and offers securities to your job should there be reasons to cut down jobs and being at risk of loosing your job could imply you weren't at your very best.

[dothebeats]

I treat my job as something that is near and dear to me that you can say that I treat it as a full-time investment. I attend seminars, workshops, and every convention that may help me gain more knowledge and skills that relates to my job to gain more projects and manage more workforce. I've been only in this work for 4 or 5 years, but I'm already promoted thrice in this difficult field. I like meddling with crypto investments and such, and I can honestly leave my work today and live comfortably for 1 whole year while still having a nice capital for crypto investments, but I think I'll stick to what I'm doing right that I know I do best. Crypto is very volatile, and it needs a lot of time and effort to be in the game for long and I don't think I can put too much in it now that I'm enjoying everything in my work.

[Silberman]

Under the current situation, many companies are facing bankruptcy or layoffs at any time, and we do not know what we will face tomorrow.
Do we need to switch our jobs to online jobs or a full-time investment in cryptocurrency?If you were fired by the company, would you still find a job you love as quickly as possible?Or you might choose to relax your mind and look for work again after a while.
Do you have better advice for work?

Very few people actually have the ability to become full time traders or investors, and even if you had the ability you also need the capital which is even harder to get, so at most becoming a trader is a side job and it cannot be used to pay all your bills, so if you lose your job you still need to get a new one, now depending on what you do you could also begin your own small business, however we must remember that the economy is still not in a good shape and as such there is a high probability your small business would not succeed either.

[Viscore]

Under the current situation, many companies are facing bankruptcy or layoffs at any time, and we do not know what we will face tomorrow.
Do we need to switch our jobs to online jobs or a full-time investment in cryptocurrency?If you were fired by the company, would you still find a job you love as quickly as possible?Or you might choose to relax your mind and look for work again after a while.
Do you have better advice for work?

It’s good to relax your mind first before you set yourself to find another job. However, if you’re the only one who will put food on the table and provide the needs of your family, then for sure you will not find yourself relaxing as it’s better to grab any opportunity that might provide an income just to continue providing the needs of your family. And maybe start investing only when you find a stable job that helps you earn extra money.

[Sir Legend]

Many people are complacent with work so that when they enter old age or retire and the pension is only for a few months then they will regret it, it's time for the government to carry out a massive campaign for citizens to want to invest from a young age, don't be complacent with active income so that if you don't work then will lose income.

[RealMalatesta]

Under the current situation, many companies are facing bankruptcy or layoffs at any time, and we do not know what we will face tomorrow.
Do we need to switch our jobs to online jobs or a full-time investment in cryptocurrency?

Under the current situation, "full-time investment job" seems incredibly risky, and its not something that you can do without having big amount of money. Or by that you meant trading, but for you to turn that into a full time job you need to be an excellent trader, and you can become that only after years of hard work, learning and a lot of money lost in the process.

Right now, that does look like it would be quite difficult to handle, and I know that investment sounds like something you would do and calculate short periods of time, because you would need money to live, but that doesn't have to be the case if you reach to a high amount.

For example, if you have about 200k give or take to put on staking, that means you could make a living out of that alone, then whatever else you do would be just extra long term investment for the future profits, not to withdraw, but to grow net worth. This means it is only about the size of the fund we are talking about, anyone above 200k could make a living out of this and when the bull run comes there will be plenty of people who will have 200k+ dollars.

[Rikafip]

For example, if you have about 200k give or take to put on staking, that means you could make a living out of that alone, then whatever else you do would be just extra long term investment for the future profits, not to withdraw, but to grow net worth. This means it is only about the size of the fund we are talking about, anyone above 200k could make a living out of this and when the bull run comes there will be plenty of people who will have 200k+ dollars.

That's literally one of the worst ideas I heard lately. Haven't you noticed what happened with staking platforms like Celsius and now recently BlockFi? Given their track record, you have to be crazy to put that amount of money in any centralized platform as chances are that you won't even be able to pick up that profit before they get busted.

If you have some extra money and want to invest in crypto, my advice is to keep it simple: just buy bitcoin, store it in your own non-custodial wallet and forget about it for a couple of years.

[BRINIRHA]

taking a break to calm the mind is not a bad move. But that doesn't mean we don't think about the future. Instead, the moment of rest should be used as an opportunity to plan for the future. or look for opportunities and evaluate yourself to be better. but I don't recommend making crypto investing or trading your main job. because crypto investment is more suitable as a side and future investment. whereas ordinary work is needed to make money to meet our daily and monthly needs. and set aside a little to save and invest. maybe there are people out there who can make investing their main job. but I don't think many people do it or we rarely see one who does.

[kro55]

Under the current situation, many companies are facing bankruptcy or layoffs at any time, and we do not know what we will face tomorrow.
Do we need to switch our jobs to online jobs or a full-time investment in cryptocurrency?

Under the current situation, "full-time investment job" seems incredibly risky, and its not something that you can do without having big amount of money. Or by that you meant trading, but for you to turn that into a full time job you need to be an excellent trader, and you can become that only after years of hard work, learning and a lot of money lost in the process.

Right now, that does look like it would be quite difficult to handle, and I know that investment sounds like something you would do and calculate short periods of time, because you would need money to live, but that doesn't have to be the case if you reach to a high amount.

For example, if you have about 200k give or take to put on staking, that means you could make a living out of that alone, then whatever else you do would be just extra long term investment for the future profits, not to withdraw, but to grow net worth. This means it is only about the size of the fund we are talking about, anyone above 200k could make a living out of this and when the bull run comes there will be plenty of people who will have 200k+ dollars.

If 200k$ is all your assets and you decide to put it on a centralized exchange then I think you are taking the riskiest route and its a crazy idea.
Cryptocurrency investing is inherently risky and becomes even more risky when you put your money in a centralized platform for staking, even if it is binance there is no 100% guarantee for you.
I understand your idea is great, you are talking about creating a passive income stream, but it is not quite right to put all our money in crypto. Never put all your eggs in one basket.

[CageMabok]

Many people are complacent with work so that when they enter old age or retire and the pension is only for a few months then they will regret it, it's time for the government to carry out a massive campaign for citizens to want to invest from a young age, don't be complacent with active income so that if you don't work then will lose income.

Investment is work based on the will of each individual, but if the government makes a campaign only for investment matters, it will look a little ridiculous because not all governments like the crypto space even though investment in other fields is no worse to run, because the goal of all investment is to get profit, but investment must also be done repeatedly after someone gets a profit. So it's also not so relaxing to run as the risk is still there.

[Pamadar]

Under the current situation, many companies are facing bankruptcy or layoffs at any time, and we do not know what we will face tomorrow.
Do we need to switch our jobs to online jobs or a full-time investment in cryptocurrency?

Under the current situation, "full-time investment job" seems incredibly risky, and its not something that you can do without having big amount of money. Or by that you meant trading, but for you to turn that into a full time job you need to be an excellent trader, and you can become that only after years of hard work, learning and a lot of money lost in the process.

Right now, that does look like it would be quite difficult to handle, and I know that investment sounds like something you would do and calculate short periods of time, because you would need money to live, but that doesn't have to be the case if you reach to a high amount.

For example, if you have about 200k give or take to put on staking, that means you could make a living out of that alone, then whatever else you do would be just extra long term investment for the future profits, not to withdraw, but to grow net worth. This means it is only about the size of the fund we are talking about, anyone above 200k could make a living out of this and when the bull run comes there will be plenty of people who will have 200k+ dollars.

If 200k$ is all your assets and you decide to put it on a centralized exchange then I think you are taking the riskiest route and its a crazy idea.
Cryptocurrency investing is inherently risky and becomes even more risky when you put your money in a centralized platform for staking, even if it is binance there is no 100% guarantee for you.
I understand your idea is great, you are talking about creating a passive income stream, but it is not quite right to put all our money in crypto. Never put all your eggs in one basket.

I will agree with your statement even it is binance which is already been trusted by many invetstors but we still don't have any control if how future will be.

But it's your money and your decision to make, if you are ready to take that big risk putting that huge
amount of investment, then so be it.

No one will control you with your own money, your decision is always the last thing that will happe.

[Balmain]

I didn't think about what i would do if i was fired. It is a fact that life does not always go the same way. That's why we have to get ourselves a hobby that we love to do and in case of possible dismissal we need to take steps to turn our hobby into a job. But making an income online can be easy. I can consider becoming a cryptocurrency investor as the first option. After receiving sufficient research and training in this field i can generate income outside of my business life by creating passive income for myself. Afterwards, i would like to give all my energy to the crypto field after i have enough income. The online trade idea might also be good. While working, i can also deal with online trading. Nothing in this life is guaranteed so i think we have to provide passive income.

[uneng]

Under the current situation, many companies are facing bankruptcy or layoffs at any time, and we do not know what we will face tomorrow.
Do we need to switch our jobs to online jobs or a full-time investment in cryptocurrency?

What online jobs? Online jobs are so scarce like any other kind of physical job. And for investments you need money. Since without a job there isn't money, investments won't be possible as well...

If you were fired by the company, would you still find a job you love as quickly as possible?

I would look for a new job as quickly as possible, however it's not possible to assure I'm going to have success on doing this, because as I said above, jobs are too scarce right now.

Or you might choose to relax your mind and look for work again after a while.

I couldn't relax my mind knowing I don't have an income to live.

Do you have better advice for work?

Never give up looking for a work which will guarantee you a decent income, peace of spirit and personal fulfillment. Maybe you have to be creative to create your own work by yourself and present it to the people around you.

[gabbie2010]

Under the current situation, many companies are facing bankruptcy or layoffs at any time, and we do not know what we will face tomorrow.
Do we need to switch our jobs to online jobs or a full-time investment in cryptocurrency?If you were fired by the company, would you still find a job you love as quickly as possible?Or you might choose to relax your mind and look for work again after a while.
Do you have better advice for work?

It's always good or necessary to have a backup inform of investment or learning some skills such trading or programming skills to freelance because if you work in a company and as result of economic uncertainties such as recession in the global economy this will force a lot of companies to downsize just as what we are currently experiencing globally, personally I had learnt trading both crypto and forex initially started with crypto have diverted to forex trading despite having a day job, in case of any pay cut or downsizing I will definitely fall back to full time trading.

[Betwrong]

Under the current situation, many companies are facing bankruptcy or layoffs at any time, and we do not know what we will face tomorrow.
Do we need to switch our jobs to online jobs or a full-time investment in cryptocurrency?If you were fired by the company, would you still find a job you love as quickly as possible?Or you might choose to relax your mind and look for work again after a while.
Do you have better advice for work?

I personally don't have a better advice than seeking for a job online. There are so many opportunities there. True, those jobs can be very low-paid, but in that case we should try find several jobs, discarding those that take a lot of our time. I also want to add that "full-time investment in cryptocurrency" is not a job. You have to have a stable weekly, or monthly, income from your work, and there's a really low chance, it's almost zero actually, that you will get that from investing in cryptos.

[Silberman]

Many people are complacent with work so that when they enter old age or retire and the pension is only for a few months then they will regret it, it's time for the government to carry out a massive campaign for citizens to want to invest from a young age, don't be complacent with active income so that if you don't work then will lose income.

It is never going to work, this is the reason governments had to force people to save for their future in retirement funds so they did not spend all their money during their youth and found themselves with nothing when they were older, however if you are one of the few people which can do this during their youth I can assure you your life will be very easy once you enter old age as you will have no money problems, unlike with what we see with a lot of people which depend exclusively from their retirement funds.

[Russlenat]

Under the current situation, many companies are facing bankruptcy or layoffs at any time, and we do not know what we will face tomorrow.
Do we need to switch our jobs to online jobs or a full-time investment in cryptocurrency?If you were fired by the company, would you still find a job you love as quickly as possible?Or you might choose to relax your mind and look for work again after a while.
Do you have better advice for work?

If you can look for a good job the quicker way, the better it will be than to just relax yourself first before finding a new job. Time is precious so you have to take every chances to make an income particularly if you are the sole provider in the family. However, taking full time investments is good especially if you are into bitcoin, but it will be very risky to focus in investing when you don’t even have a stable job that provides you a secure income.