Post
Topic
Board Trading Discussion
Re: Can Bitcoin trading be my sole source of income?
by
btcfan8
on 23/05/2023, 11:47:36 UTC
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?

As others have said, it's fully possible to make a full time living trading Bitcoin. There are many who do it. Just be aware of the MANY risks involved.
I would only consider it if I have a decently sized safety net for if things go tits up. You do not want to be without a job, and end up losing trades 6 months in a row, and BTC is down 50%.