Post
Topic
Board Trading Discussion
Re: Quit My Full Time Job to Trade Cryptos Full Time
by
RealMalatesta
on 03/03/2021, 15:09:47 UTC
I really hope you are trading for more then a month. If this should be your first month of trading, there is no worse move than to quit your job and go fulltime trading. it also depends on your whole situation in life, though. Make sure all your needs are covered and you can bank something every month. Most important, if you are not consistantly profitable with that strategy for more than 5-6 months, you should not quit your job. Make sure rent is paid and food is on the table. Make sure all your bills for the next 8 months are covered. If you can answer all of the above with yes, then I wish you all the best in the world for your BTCUSD trading. If not, take a step back and give yourself more time.
That is actually quite true, because people make money during the bull run and think that they can continue to do that and the reality is that this was a cycle bull run that happens once every few years and you can't make money like this forever, and that is what many people are forgetting about, you can't make a profit like this which means you have seen the absolute best and you decided to quit your job and decided to become full time crypto trader on the wrong time.

I agree with you that someone needs to do this part-time for years before they can reach to this point, I have a friend who came in with the 2017 peak period and he decided to trade and he has closed his shop a bit (turned it to side-job) just a month ago, so dude has been trading for 3 years with success and turned about 1.7 bitcoins into 40 bitcoins during that period, now he is still investing and he decided not to work with most of his clients and just keep 2 big clients which will pay all his bills and even a bit of grocery for the house.