An ex-nurse and hospital manager is now a crypto trader, earning seven figures from the comfort of his own home while caring for his newborn baby.
Josh Dorgan, 31, worked as a pediatric nurse and hospital unit manager before becoming a cryptocurrency trader.
According to the Business Insider, Dorgan from Omaha, Nebraska, told Bloomberg’s These Out-of-Work Americans Tell Us Job Market Turmoil Is Anything But Transitory by Katia Dmitrieva and Jill R Shah that he began trading cryptocurrency in 2017 during his work breaks in the hospital.
Dorgan told Insider that he saw a report that bitcoin had surpassed the $2,000 mark. More research on digital currency led him to believe there was an excellent opportunity to participate early in the crypto market.
Value of Bitcoin rises, having debuted on NYSE.
Struggling To Trade As The Pandemic Struck
Dorgan claimed that working with and trading crypto became more difficult during the COVID-19 pandemic that occurred in 2020.
“It was really hard sitting in my office making a few hundred dollars a day or whatever it was and then taking a trade on my lunch break and making my whole day’s wage in five minutes,” Dorgan told Bloomberg, as quoted by the Insider.
Decided To Quit His Job and Focus on Trading
He quit his day job in August 2020 after consulting with a financial advisor and ensuring he had enough cash set aside in case things didn’t work out.
The Insider also reported that with his newfound wealth and earning seven figures, Dorgan is content with his decision, noting that his investments include traditional markets as well as bitcoin, litecoin, and ethereum.
The COVID-19 pandemic has resulted in a rush of retail traders like Dorgan to enter the market, in part because they have more time on their hands and government stimulus checks. And they’ve succeeded in leaving their imprint.