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Question: Stay at day job if suddenly filthy rich from Bitcoin?
continue in current job - 27 (24.5%)
get a different job or self employment - 52 (47.3%)
stop working - 31 (28.2%)
Total Voters: 110

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Author Topic: Stay at day job (work or school) if suddenly filthy rich from Bitcoin?  (Read 4363 times)
RUEHL (OP)
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May 31, 2014, 04:53:01 PM
Last edit: May 31, 2014, 08:39:10 PM by RUEHL
 #1

If you were at work, and suddenly something HUGE happens that hits every news station that has the general public taking flight to Crypto, the price just explodes into the stratosphere whereas your current stash of Bitcoins can last you a lifetime of comfortable living.  

Would you continue working?  Get a different job?  Just stop working altogether?

For those in school, being a student is your day job.

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franky1
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May 31, 2014, 04:59:11 PM
 #2

having already quit my day job after the success of hoarding coins from the $6/coin days.. i can tell you now.. it gets boring.

if you like your day job and your not doing just as a money earner. keep at it. treat it as your hobby more so then slave labour. something to socialise with customers/colleagues and keeps you active and all th other social stuff.

not having a job is truly boring and you end up spending even more then average, just to fill the void between 9am-5pm. yes i know we can afford it, but thats not the point. its better to continue doing a job you love even if your rich, then to be bored, spending bitcoins wastefully, where they can be left in the hoards, to gain even more riches.

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
Aswan
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May 31, 2014, 04:59:43 PM
 #3

I'd stop working until I get the inspiration and motivation to do something I like to do.
RUEHL (OP)
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May 31, 2014, 05:05:09 PM
 #4

not having a job is truly boring and you end up spending even more then average, just to fill the void between 9am-5pm. yes i know we can afford it, but thats not the point. its better to continue doing a job you love even if your rich, then to be bored, spending bitcoins wastefully, where they can be left in the hoards, to gain even more riches.
interesting insight.  reminds me of a friend, he's a trust fund baby.

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May 31, 2014, 05:07:15 PM
 #5

If you get filthy rich, then there is no need to work full time earning close to the minimum wage. But by filthy rich, I mean net wealth over $10 million. Anything less than that, won't last long.
Peter R
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May 31, 2014, 05:13:12 PM
 #6

We are meant to work.  Achieving our goals make us happy.  A nice stash of coins gives you more freedom in how you spend your time.  Have the self-awareness to realize that you must do something, and then try to decide what that something might be.  But don't think too much because you can always change your mind!  Consider working in bitcoin space, as it is easy to build or join a network of like-minded people that will be in a similar position to yourself. You can work toward the group's goals while developing a network of friends across the globe!

Since reducing the amount of hours per week I spend on non-bitcoin work, I've become busier than ever!   

Run Bitcoin Unlimited (www.bitcoinunlimited.info)
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May 31, 2014, 05:14:38 PM
 #7

The key is loving what you do every day.
If your current job is great then stay, if  not replace it or start your own company.

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May 31, 2014, 06:27:34 PM
 #8

If I got rich suddenly with bitcoin then I would still go to my job because without something stable in your life you probably run out of things to spend your money on and become bored to the fact of taking drugs and fall into a spiral of self destruction.
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May 31, 2014, 06:30:08 PM
 #9

I would probably keep working but maybe slightly less than now and maybe do some volunteering.
We need goals in our lives I think, not having them would leave me depressed.

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May 31, 2014, 06:35:11 PM
 #10

I'm already self employed, this would mean I could outsource all the boring parts, instead focus only on the fun parts.

Even when I was a kid I spent my days building/designing/making, being rich would mean I could take it to the next level...

HODLing for the longest time. Skippin fast right around the moon. On a rocketship straight to mars.
Up, up and away with my beautiful, my beautiful Bitcoin~
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May 31, 2014, 06:39:22 PM
 #11

If you were at work, and suddenly something HUGE happens that hits every news station that has the general public taking flight to Crypto, the price just explodes into the stratosphere whereas your current stash of Bitcoins can last you a lifetime of comfortable living

Would you continue working?  Get a different job?  Just stop working altogether?

For those in school, that is your day job.

I have already left my job to be a full time bitcoiner ...so NOT planning to go back to job again, even if I earn a LOT from bitcoin Wink

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May 31, 2014, 07:50:52 PM
 #12

I have a day job that I like, and I have a lifelong hobby that I would like to be able to spend more time on. I have a target $/BTC picked out where I feel I can quit my day job, and devote all my work to what is now my hobby. Even if I did, the roles would probably flip, with me still spending some time in the field of my current job.

Not yet.

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May 31, 2014, 08:15:38 PM
 #13

ts better to continue doing a job you love even if your rich, then to be bored, spending bitcoins wastefully, where they can be left in the hoards, to gain even more riches.
Reread the OP, he said _filthy_ rich. You don't need to gain anymore riches when you're already set for life.

I have already quit my job and I am all the happier for it. I volunteer two days a week and spend the rest of my days doing what I like.

Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
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Nope..


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May 31, 2014, 08:18:41 PM
 #14

BTC is my retirement fund.  At least I hope so.  I would like to do more in BTC but I have to draw the line at overextending myself too much in one area.  I think it will be huge for anyone holding as little as 1 BTC.
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May 31, 2014, 11:16:20 PM
 #15

if suddenly rich:

-find a job you enjoy and go work there
-go back to school and study something new
-start a business

you will get bored and be tempted with too many destructive activities if you have no job and nothing to do during the day.

also, let's say you dump BTC and find yourself sitting in lots of fiat while the price drops...you'll be tempted to buy back more BTC than you originally had. if you have another source of income you can do that without worrying too much about price


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May 31, 2014, 11:29:11 PM
 #16

the goal should be staying AWAY from your parents

i am here.
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May 31, 2014, 11:46:32 PM
 #17

If you were at work, and suddenly something HUGE happens that hits every news station that has the general public taking flight to Crypto, the price just explodes into the stratosphere whereas your current stash of Bitcoins can last you a lifetime of comfortable living.  

Would you continue working?  Get a different job?  Just stop working altogether?

For those in school, being a student is your day job.

Well I think working and then moving the money to Bitcoin would be the most logical option
Since you are able to increase your income and if your just buying Bitcoin it makes sense to keep working
While taking your check and buying Bits.

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May 31, 2014, 11:48:14 PM
 #18

I guess it depends what you mean by filthy rich.

Unless you're like Franky and bought in at $6 (you lucky bastard lol ) ... I don't think anyone is getting filthy rich overnight.  I myself have a modest stash of coin, but I expect it will take years to appreciate to 7 figures.  

I think you have to have 5 to 10 million net worth to be considered wealthy.  And filthy rich means net worth of 50 to 100 million or more.  My opinion on it.

I would still work if I suddenly became rich...but I would work less.

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May 31, 2014, 11:59:47 PM
 #19

maybe i would work less in my "normal" job and do other things in the freetime. but if you like your normal (first) job, dont quit.

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June 01, 2014, 12:48:22 AM
 #20

There's no way I would get bored if I had all my time to myself.

I'd focus on my hobbies 100% of the time.
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