As a young person, I am overwhelmed by my curiosity in trading Bitcoin, but I'm not sure if it is appropriate for me to resign my white collar work and return to trading exclusively Bitcoin.
This was a conversation a buddy of mine and I had yesterday, and I felt compelled to bring it to this illustrious platform for the best types of advice and counsel.
Is it safe for a Bitcoin trader to quit their jobs and focus solely on Bitcoin trading if they can devote their time and attention to maximize the benefits in the Bitcoin world?
This was a conversation a buddy of mine and I had yesterday, and I felt compelled to bring it to this illustrious platform for the best types of advice and counsel.
Is it safe for a Bitcoin trader to quit their jobs and focus solely on Bitcoin trading if they can devote their time and attention to maximize the benefits in the Bitcoin world?
Personally, I would advise you to always have backup plans if you really want to go full time trading. At least be financially stable first before quitting your job(s) just to focus on trading crypto. Also, it would be best that along with earning enough money to support you on bad trading seasons or losses, learning as much as you can and getting used to trading in this industry on your free time is something that would be very beneficial for you in the long run.
Of course, there are also those lucky ones that really risked it and started focusing on trading then just diversifying their investments on other industries to financially stabilize themselves.
It really just depends on the type of person you are and the circumstances you are in.
Anyway, however you want to go about it, good luck and hope you succeed.
