Current Events > Thinking about quitting my job to trade crypto/stocks.

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Pepys Monster
08/23/21 4:47:55 PM
#1:


I feel like Im wasting my life working 8 hour days for peanuts when I can make $700 in 48 hours with crypto.

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The Trent
08/23/21 4:48:08 PM
#2:


Yeah do it you are great

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No_U_L7
08/23/21 4:48:42 PM
#3:


Is 700 in 48 hours a lot
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Feline_Heart
08/23/21 4:49:04 PM
#4:


You can make $700 in 48 hours and then lose $1000 a hour later. Don't quit your job. Just look into crypto and stocks in your free time

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Pepys Monster
08/23/21 4:49:10 PM
#5:


No_U_L7 posted...
Is 700 in 48 hours a lot
A lot better than my joke of a job pays.

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Pepys Monster
08/23/21 8:44:58 PM
#6:


Update: I got a raise today. I think Ill stay.

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CE_gonna_CE
08/23/21 8:46:42 PM
#7:


Pepys Monster posted...
Update: I got a raise today. I think Ill stay.
Wise choice

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bladegash
08/23/21 8:46:55 PM
#8:


Shouldve quit bro.

Now that golden yacht will be someone else's.

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dj1200
08/24/21 2:02:58 AM
#9:


Pepys Monster posted...
I feel like Im wasting my life working 8 hour days for peanuts when I can make $700 in 48 hours with crypto.

during a bull run like this, who can't?

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Payzmaykr
08/24/21 2:05:57 AM
#10:


The Trent posted...
Yeah do it you are great
dude

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So long,
Thanks for all the fish!
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#11
Post #11 was unavailable or deleted.
Arcanine2009
08/24/21 2:10:04 AM
#12:


how much money do you have? You need a ton of money to make any meaningful amount of money from crypto, since the starting price for each one is ridiculous.

I wouldn't quit your job to become a day trader.. way too risky. But looks like you aren't anyway.

I invested in 30 stock of moderna over a year ago (like invested $1000 maybe?) and I've made 10,000 profit from those 30 stock. If I'd have known I'd put 100k in it. lol

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Tyranthraxus
08/24/21 2:15:35 AM
#13:


I've got enough money to become a (regular stock) day trader as retail. What I don't have is enough money to actually make a living off day trading.

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EndOfDiscOne
08/24/21 8:42:05 AM
#14:


Arcanine2009 posted...
how much money do you have? You need a ton of money to make any meaningful amount of money from crypto, since the starting price for each one is ridiculous.
Not really. You can buy fractions of a coin worth less than a cent. And this is still early tech, so there is still a lot of opportunity for people to turn a large profit.

I know this is a joke topic, but I recommend working and accumulating crypto until you reach your financial independence number. The quick calculation is your annual expenses times 25. Then quit your job and start moving more money into index funds.

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The Trent
08/24/21 8:42:45 AM
#15:


Payzmaykr posted...
dude

what? he's great

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Gradieus
08/24/21 8:48:23 AM
#16:


Arcanine2009 posted...
You need a ton of money to make any meaningful amount of money from crypto, since the starting price for each one is ridiculous.

You can just buy etfs instead of actual cryptos.

[LFAQs-redacted-quote]


You can just buy reversed etfs.
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BlockAddition
08/24/21 8:55:31 AM
#17:


Do it, as long as you sell the highs and buy the lows you're golden

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1337toothbrush
08/24/21 9:13:35 AM
#18:


Do you think the extra time would help you trade better?

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PC-Builder_Pony
08/24/21 9:15:11 AM
#19:


No_U_L7 posted...
Is 700 in 48 hours a lot

That equates to $14.5 an hour lol

Stick with your day job.


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The Trent
08/24/21 9:17:40 AM
#20:


1337toothbrush posted...
Do you think the extra time would help you trade better?

time = money
more time = more money

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Pepys Monster
08/24/21 12:19:36 PM
#21:


Arcanine2009 posted...
how much money do you have?
Something in the ballpark of $80,000.

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#22
Post #22 was unavailable or deleted.
Shadow Don
08/24/21 12:26:15 PM
#23:


I would suggest that you unsubscribe to any crypto guro bullshite you are watching on YouTube.

There are no "free money" schemes in the real world.

Also, day trading is garbage. You aren't going to be able to casually walk into a day trading lifestyle. You are competing with math and computer science PhDs.

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Gradieus
08/24/21 12:31:50 PM
#24:


PC-Builder_Pony posted...
That equates to $14.5 an hour lol

Stick with your day job.

They meant two day period so $350 a day to them.
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TheMikh
08/24/21 12:35:49 PM
#25:


people quitting their jobs to day trade is a top indicator

do with this information what you will

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Pepys Monster
08/24/21 12:39:50 PM
#26:


TheMikh posted...
people quitting their jobs to day trade is a top indicator

do with this information what you will
A top indicator of what?

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RchHomieQuanChi
08/24/21 12:42:21 PM
#27:


PC-Builder_Pony posted...
That equates to $14.5 an hour lol

Stick with your day job.

That's assuming you literally work 48 hours straight lol

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TheMikh
08/24/21 12:56:54 PM
#28:


Pepys Monster posted...
A top indicator of what?
the market.

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Pepys Monster
08/24/21 1:05:44 PM
#29:


TheMikh posted...
the market.
It makes you think.

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1337toothbrush
08/24/21 1:12:13 PM
#30:


The Trent posted...
time = money
more time = more money
Most of the time is spent by the money sitting there, though.

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CE_gonna_CE
08/24/21 2:34:44 PM
#31:


Pepys Monster posted...
A top indicator of what?
A lot of people will probably lose a lot of money at some point in the perhaps not too distant future.

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