Don't quit your job during a bull run
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.
Things to consider:
If you quit your job, are you willing to dilute your crypto holding to pay your bills?
How much is your living expense and without a regular salary how are you going to maintain it?
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.
How much more productive you can be with your investments, if you don't have the job stress?
Can you easily meet your 6 months expense without cutting your lifestyle without diluting 5% of your portfolio?
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.
Hope we can quit the jobs we hate very soon.
Don't quit your job during a bull run
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.
Things to consider:
If you quit your job, are you willing to dilute your crypto holding to pay your bills?
How much is your living expense and without a regular salary how are you going to maintain it?
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.
How much more productive you can be with your investments, if you don't have the job stress?
Can you easily meet your 6 months expense without cutting your lifestyle without diluting 5% of your portfolio?
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.
Hope we can quit the jobs we hate very soon.