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Can you Quite your Job because crypto?

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Of course you can but you have to take into account the risks you must take to be able to win and be profitable in the business, because everything has a pro and a cons you just have to know how to carry it to be successful

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On the off chance that you need to leave your place of employment you should have a lot of speculation to depend on for what's to come. It is conceivable to gain OK cash with crypto exchanging in the event that you put away enormous cash however do you trust on an amazingly unstable market? You may even gain substantially more with crypto than your ordinary activity yet your activity is consistently there in the event that you need cash however crypto market couldn't care less about its financial specialists!

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Do you know if cryptocurrency will bring more money than work, then why not? For 2020, crypto has a very good potential, and I have many friends who have made a comfortable life for themselves thanks to cryptocurrency mining.

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Well I am sure that there are people who can dedicate themselves completely and exclusively to crypto as their main job and do very well. But I think that is not the case for most people who cannot assimilate the idea of leaving their entire financial future in something that is not completely safe and can get them in serious trouble and have a bad time.

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Some people, including myself, cannot do this, but make working in cryptocurrency as a second job, improving their income and also as an alternative if anything happens in their work.

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That's what many people holding cryptocurrencies look forward to, getting their financial freedom. However, it seems a long way to go and many people may quit since they expect immediate results. In my view, it's always good to diversify long-term investments, also including stocks and perhaps commodities. This may an adequate strategy to eventually to achieve financial freedom at some point. 

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I know many who make a living from working with crypto, and they do quite well, others do their daily jobs and crypto at the same time, everyone has adopted the way of feeling comfortable, suppose I earn a lot of money in crypto, but I like the Physical work, what prevents me from doing it? .. If I want to do both things at the same time, everything is a matter of the personality and decision of the people, you can not compare a physical work with one on the Internet, where would the trust be?
 

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It will depend on how much you went into the field of cryptocurrency and how much you want to risk, quitting your job is fine if you feel like you will succeed in investing. But my personal opinion is always have different source of income if you have a job which gives you a source of income you should not quit it.

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It's not a quick or easy business, but it seems to be a given that in 20 years investing today will be for a long time to come the best decision in a lifetime. I recommend investing for the long term.

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I guess there are many people out there simply working within the crypto business and doing their daily trades to yield returns however I a not one of those and do not see me ever being one either. Basically a full time crypto trader would need a substantial amount of assets to play with and I do not have that and possibly never will so I will stick to my day job in addition to being a hobby crypto trader.

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I am just a student I don't have any job. but even if I do have a job I don't think I will quit my job to become a full-time member in crypto. Because it has not developed into such a height yet. It can be only used as a platform to earn additional income in addition to your job. if this is to become a full-time job then necessary modifications and improvements are required on the part of the platform where the users get more amount of income that would encourage them to become a full time member on the platform and thus making them to leave their job.

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I think it is impossible because cryptocurrencies is too volatile nowadays. So, just being a cryptoholder and expecting to become rich in future - is like playing in casino. The only possible option to provide for living with cryptocurrencies is trading but it requires a lot of time and skills.

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obviously not. My job has a permanent future. but crypto is my temporary present. now think deep 

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Definitely not, I mean, even if you earn more from crypto than at your job it's quite stupid to quit, because crypto is very risky and you'll be in a very dangerous position if you don't have stable income.

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If the profit from cryptocurrency will be many times more than my salary, then why not. Making money in this area has a lot of advantages. There is no schedule, depending on whom, the best part is, you don't have to get up early for work)

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On 12/13/2019 at 2:33 PM, xpertt said:

I think no, I am still a student but I think if ever I had a job and still in crypto, I will still work at the field that I pick. Because crypto is an extra income for me and having a job gives me a stable income while in crypto, I don't know if I can get a stable job in here but if I can, I might quit my job if I have one.

Due to the high volatile crypto market it becomes difficult to make consistent income with crypto which makes it less of a job. With a job you will always earn a consistent income and there are no risks involved as long as you do your job. The best thing to do would be to retain both and try making money from both sides 

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To be converted into a profitable financier you should a decide of skills that are not qualified in schools or universities. In fact, you have to supplementary psychology a based skills than arithmetic and facts skills as lots of frequent think. authority investors don't generally be bothered about the twelve-monthly profit rate, but quite nursing about the direct towards of profit from month to month. 

 

I deem it depends on how a great deal you earn in crypto for the reason that it is beat to produce a constant trade accordingly that you be capable of earn a set of change in the future and lay self-confident that you comprise capital someday. In crypto, you cannot ensure that it will take for a slow time. 

 

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you can but you need to accumulate enough bank to generate big passive income from cryptocurrency. If you got bank around 40 thousand dollars you can generate 2-4k per month. If you 100k and you're not doing big mistakes you can easy make 5k per month. It's all about knowledge, patience and not being greedy.

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I think this is so risky, but anything is possible if you study everything in the field of trading, but the main work should still be, since the risk is great.

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Leave my job in one case, which is when I invest a large amount of money in digital currencies

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I think you can, but you just need to put a lot of money, time and effort into it first. And then it will be given with more impact. I think 3 years will need to work on creating a crypto asset, and then catch the passive and get high.

Edited by axelmoore

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It depends on many factors. If you have a company that can guarantee you a monthly profitability, and you have a lot of capital invested, so that profitability is high, you can afford to take a few months and analyze the situation. This already involves how much capital you are willing to invest, this is the so-called “risk - benefit”.
Trading I do not know anyone who has a high profitability to be able to leave their jobs, it is too patience and a bit slow. I know there are many who do, but they are experts on the subject and they dedicate themselves to it for years to achieve it. In my close circle of friends I don't know anyone.
The crypto world is to get profitability, extra money, in very few cases it will give you to leave the conventional job. If you have some luck and it happens the same as in 2017 that many sold their BTC when they cost 19,000 usd because you earn good money, but always remember that many others bought when it was at that price, and today they are still regretting it, 3 years later with losses.

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Crypto will pay very little for full-time work.  If you work on this crypto toe alongside your studies or your job, you can make money and learn about digital currency.  But I don't think crypto is good for a fulltime job.

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