04-16-2021, 06:11 PM
Don't quit your job during a bull run
<!-- SC_OFF --><div class="md"><p>So, we all are working towards financial freedom and quitting that job we all hate. But before you take the plunge with your crypto gains, do take a objective view with a cool head.</p> <p>Things to consider:</p> <ol> <li><p>If you quit your job, are you willing to dilute your crypto holding to pay your bills?</p></li> <li><p>How much is your living expense and without a regular salary how are you going to maintain it?</p></li> <li><p>If the bull run reserve will you be able to meet your needs without a significant hit,? Remember falling prices with make you sell more crypto to meet the same expense.</p></li> <li><p>How much more productive you can be with your investments, if you don't have the job stress?</p></li> <li><p>Can you easily meet your 6 months expense without cutting your lifestyle without diluting 5% of your portfolio?</p></li> </ol> <p>I know how tempting it is to quit your job, been considering it even without any crypto holdings. But practically we have to assess our decisions before acting.</p> <p>Hope we can quit the jobs we hate very soon.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/that_one_indian_dude"> /u/that_one_indian_dude </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mrzoxx/dont_quit_your_job_during_a_bull_run/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mrzoxx/dont_quit_your_job_during_a_bull_run/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>So, we all are working towards financial freedom and quitting that job we all hate. But before you take the plunge with your crypto gains, do take a objective view with a cool head.</p> <p>Things to consider:</p> <ol> <li><p>If you quit your job, are you willing to dilute your crypto holding to pay your bills?</p></li> <li><p>How much is your living expense and without a regular salary how are you going to maintain it?</p></li> <li><p>If the bull run reserve will you be able to meet your needs without a significant hit,? Remember falling prices with make you sell more crypto to meet the same expense.</p></li> <li><p>How much more productive you can be with your investments, if you don't have the job stress?</p></li> <li><p>Can you easily meet your 6 months expense without cutting your lifestyle without diluting 5% of your portfolio?</p></li> </ol> <p>I know how tempting it is to quit your job, been considering it even without any crypto holdings. But practically we have to assess our decisions before acting.</p> <p>Hope we can quit the jobs we hate very soon.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/that_one_indian_dude"> /u/that_one_indian_dude </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mrzoxx/dont_quit_your_job_during_a_bull_run/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mrzoxx/dont_quit_your_job_during_a_bull_run/">[comments]</a></span>Kind Regards R