Post
Topic
Board Trading Discussion
Re: Can Bitcoin trading be my sole source of income?
by
carlisle1
on 13/06/2023, 10:26:14 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?
My answer to this one will be , you can do both. Do full time work as well as trade if you can manage your time and also you need to learn more about trading first so that it would be a good fundamental. I know many people who do both and when they finally know and their PNL are getting better they will decide to quit their jobs, maybe you can do that as well.

Yes, doing it both then decide if you feel very comfortable with the knowledge that you already earn during your trade sessions
will give you good opportunities.

It's more on how you understand the risk and the potential benefits. If you see that you are fit to this business, and you can grow your
initial investment, then go and take your shot in this business.

Your own assessment will give you the decision that you'll need to take.