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Delgboke

Can you Quite your Job because crypto?

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no cryptocurrency shouldn't be your first place you earn from no  if i have a job i will never leave it for cryptocurrency but it can be the first place that i can earn this is my opinion☺️😊

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No, i think if cryoto is a second job it will be too much better you can leave your job but it's not necessary to do that.

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i think you asked the questions lately. i worked one year both in my company and crypto world then i left from the job only because of crypto and i can earn money than the job now..

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I do not think that leaving your job for crypto is a good idea, because even if you have a large amount of money invested and generate a good amount, you depend on the value of the currency in which you invest, so if the price goes down , you too. So it is a good idea to maintain a backup source of income.

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Integrating the two is the best thing, we can not live by relying on the uncertainty of the digital currency (crypto). too risky for real life. At least we are not 100% in a financially insecure zone. 50 real and 50 we pursue crypto. there are many ways to make money with crypto, it is tailored to the expertise we already have.

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On 12/13/2019 at 12:58 AM, Delgboke said:

Can you actually quite your job because of cryptocurrency, in order to make a living out it and knowing very well that cryptocurrency is not a get rich quick business. 

Completely agree, with cryptocurrencies there are no magic bullets or instant recipes to generate income.

It requires knowledge, dedication and patience to develop the skills to be successful in this type of activity.

Over time the fruits will be seen and extraordinary benefits can be obtained by making smart investments with high returns at the lowest possible risk.

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The other day i make some operations and i reached the conclusion that if i invest 6500 USD on a mining machine for BTC i would have 1100 USD per month aproxemetely and in my country that surpass a minimum salary so im trying to acquire that 6500 USD and quite my job...

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Some ideas to keep in mind.

1. Cryptos are functional prototypes, ultimately prototypes that cannot support load. They would be slow, expensive, etc.

2. Cryptographic distributed ledger is the disruptive invention, it takes a lot of work and innovation to have a functional finished product, especially when it comes to currency or money. Basically remove (potentially corrupt) middlemen

3. It is not known which currency will be the standard bearer for the exchange.

4. It is not yet clear whether the currency should be anonymous, pseudo anonymous, fully transparent and how it will be regulated.

5. Satoshi created bitcoin for the common man. A global, decentralized currency with a specific money supply. In the end, the citizen chooses his rulers and sooner or later he will impose their use as official currency (or alternative of legal tender) inserted in a new monetary model, it will take his time estimated 20 to 30 years), you have no idea of the transition or adoption agenda.

6. The purpose of a cryptocurrency like bitcoin is to replace the current monetary model of fiat currencies whose money supply serves the noblest to the most perverse ends. Among unwanted ends, financing fiscal deficits, wars, populist policies, irrational indebtedness, favoring power groups, bank usury, etc., etc. In the end, fiat currencies end up losing purchasing power to the detriment of the citizen.

7. The current crypto market is in few hands and is the most volatile in the history of mankind. He beat the tulips. It's like riding waves off beaches rougher than Hawaii versus the tame green shoreline. If you do not know how to surf and an excellent swimmer, you will surely die. (although you can still be badly hurt)

8. The path of cryptos is the path of mass adoption as a means of exchange and store of value, but as long as the currency that allows transactions with adequate speed, cost and maintenance in line with world demand does not appear, it will not be adopted and will be a market only for speculators. Bitcoin took 2 days per transaction and cost $ 5 or more in commission.

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If you can make a living from trading cryptocurrencies, but it is not so easy to achieve, first you need a high capital to obtain returns on it and second you must have enough knowledge to know how to operate and obtain a constant profitability.

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I have my job, but I also trade and use cryptocurrencies regularly, I even invest a lot of money in them. What you have to do is find a balance and never depend exclusively on one source of income, you have to have several.

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10 minutes ago, Elsaa011 said:

Even i got a lot money from crypto. I'll not quite my job. Could say making crypto a side job or second job for me. Because I don't know which one will work. So just make an effort at every existing business

It depends on many factors. If you are fired from a job, it is a very valid alternative and so sequentially I think it is a valid possibility

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I think that as long as you do not have a good investment capital in cryptocurrencies, it is not possible to leave our usual jobs, but we can alternate this activity in our free time while we are obtaining profits and rewards to accumulate this capital.

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The expectations that exist around cryptocurrencies are encouraging for the near future and in the long term as well ...

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I don't work because jobs in my country are so hard to find. and I get money only in the world of cryptocurrencies, although it's not like they are a lot of money, but for me whatever I get I am very grateful. but I think it would be better if we work and use cryptocurrency as our free time.

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On 12/13/2019 at 10:58 AM, Delgboke said:

knowing very well that cryptocurrency is not a get rich quick business. 

 But my thoughts are something different sir. Many countries appreciate that crypto and forex trading are the most powerful way to be rich overnight. But we should be well skilled.

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No, because the profit from  cryptocurrencies is not guaranteed and it is possible at any moment, prices collapse completely and go down, so I do not leave my job until I make sure that I have enough money to enable me to live

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I think that it is better to have a stable job or a stable venture, and then start investing in cryptocurrencies, since living only on electronic currencies and not having a fixed income is not recommended, since cryptocurrency is very volatile and As well as it rises suddenly and generates a lot of profits, you also run the risk of losing and if you do not have a job, surely you miss work.

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I think you can move on crypto and leave your work if you have great amount of investment or you already invested for example in bitcoin some years ago. If the job is stable why drop it

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The problem of the people who enter here is that they think that cryptocurrencies are to make rich people, really what they seek is to create economic stability, if they can certainly be large amounts, but that does not mean that we should decline from our work or trades to get right into this.

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No, not at all. Because cryptos future is still uncertain and you do not have any fixed remuneration still now. Sometimes you can make money and sometimes you do not have anything to do without trading. So for me crypto is still a side income. 

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Well, it's your wish to say that crypto gives you more than your job obviously you came in the crypto field

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Because the work in crypto never stops, despite world problems like in this case covid 19, many online jobs have been maintained, such as casinos and other gambling platforms, which is superior to any traditional job.

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On 12/13/2019 at 6:58 AM, Delgboke said:

Can you actually quite your job because of cryptocurrency, in order to make a living out it and knowing very well that cryptocurrency is not a get rich quick business. 

It's not necessary to leave your job because crypto you can manage between them except if your main job is just in crypto 😂 now you should search for a job in the real world

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