Bitcoin Forum

I believe whoever on this forum somehow he is connected with crypto-currency. And all crypto-currency surrounded by Bitcoins. There is lot of way to earn bitcoin like trading, gambling, lending, bounty and so on. This is great opportunity that Bitcoin give us many way to earn from online.

I have seen few topic (https://bitcointalk.org/index.php?topic=5094536.0) on forum lately that few people's are want to leave crypto-currency due to continue bear markets. They are finding job or whatever. That's why my topic title is earning Bitcoin is good, but don't depend on it since most of we are not whales.

Beginning of 2017 people's was happy up to end of year. Few people's left his job as far as I know only by depend on Bitcoin. The thought was Bitcoin will make them millionaire. That's not wrong it will happen once a day. But totally depend on it is sign of stupidity. It will be wrong if we think that market always will up trend and give us profits. Those are totally depend on online earning like bitcoin, downtrend is damn for them. In a result they loss their patience and sell coin on loss especially traders.

I would like to suggest earn Bitcoin as much as you can but don't depend on it. Just consider it as a passive income. Just continue your job or whatever your business. On the other hand earn from online and hold it until bull run on your appropriate targets. Then you will not panic and you will not be in loss. Most of traders loss due to panic sell and panic buy. So keep patience and continue your earning, spread the word about Bitcoin. Attract new investors on crypto industry. Think positive and be positive.

My intention to motivate people's who have losed their hope on crypto. The main reason is who are thinking to leave crypto they was totally depend on it. Which is wrong in my opinions.

There are only a few Bitcoin paying bounties left. Lending is no longer an effective way of earning bitcoins, neither is gambling. And these are not practised by whales, whales engage in active trading or go long on bitcoins.
I agree with you that no one should depend on bitcoin bounties, but I don't think anyone really does (except when limited by situation).

Do not ever depend on bitcoin because we do not know if this thing is lifetime. You should bitcoin as your alternative and find a job that fit to the things that you really want. I do not depend on bitcoin because there is no assurance that you can earn money so I have my permanent job.

  A huge number people who had crypto as their main source of income come from very poor third-world countries and are probably unemployed there. For them even low paying jobs like solving captchas and participating in bounty campaigns were better than trying to find some "real job", because they could earn more and had better work conditions.
  But that was a few years ago, now it's way harder to earn crypto and the earnings are way smaller, so using it only as an investment might be a good idea. But on the other hand, "crypto" is full of scams, pump and dump schemes, shitcoins and shittokens, so I would say that it's a bad idea to suggest investing in crypto to broad public. If you replace "crypto" with Bitcoin, that would be a much better advice.

Right we can't fully depend in bitcoin cause bitcoin is very unpredictable the value, that's why we need regular job, we can't depend our income in bitcoin, and for me bitcoin is only my extra job and I have regular job.

You are absolutely right, if we are dependent then we ourself going on a danger zone, Bitcoin is unpredictable as anything can happen in a night either a massive pump or a dump it depends on the situation of the market. It is always better to have it as a part-time job rather than preferring for permanent one.

Yes nobody should ever depend on bitcoin. One shouldn't put all is life time inheritance inti bitcoin or cryptocurrency, why because bitcoin isn't a life time investment. Moreover bitcoin itself isn't predictable. Nobody here can predict it future.

I wouldn't call it passive income unless you have a very stable mining farm or invested in cloud mining. Bitcoin is pow and holding it won't guarantee returns

I think it's too risky to rely solely on the benefits of bitcoin, unstable prices make it difficult to get a fixed nominal profit, and I consider it an alternative job.

People who are dependent on bitcoin are usually people who haven't worked in the real world or do not have a primary job. Then Bitcoin is used as a permanent job for those who haven't worked to fill their daily activities. For people who have a main job, Bitcoin is usually used as additional income or second income. So I think someone's situation that affects depends on bitcoin or not.

Your definitely right , what i do on the earnings i recieved from this forum is i started a small business, bought a piece of land where i can plant  crops to sell on the market.

You are absolutely right! Last year a lot of people did this mistake! Some people sold their car, lands to buy bitcoin to hold! and now they are regretting every day! I always suggested my fellows to support crypto not to depend on it! Earn from bitcoin and try to make something in offline, take crypto trading as optional income source! One of my elder brothers heard me, and he builds a medicine shop! Now, he is very happy and he doesn't care about the market fallen! And he becomes a full day trader!

One should always remember about significant risks to keep huge amounts in cryptocurrency. I prefer to periodically withdraw my profit from cryptocurrency to regular currency. Although this reduces the amount of profit, but increases the reliability of this activity. We believe in cryptocurrency, but precautions do not interfere.

Whoever depends solely on bitcoin does so at a risk, in 2017 there are several people who thought bitcoin will continue to pump thus threw in everything into it including leaving their daily jobs of course it boomeranged at the end now the prices of Cryptos had dropped although some people from third world countries do earn bitcoin for a living due to bad economy and corrupt government of their country.

Earn bitcoin is could be good as source income but too risky if we don't have other jobs because as you can see bitcoin quite unpredictable even so if we only depent on it but some of people still dare to full time for bitcoin even they're already being an profesional traders and can make living from bitcoin trading however it all back again to people choice

Personally after I gain some profit, I spend on something else ( gold or dollar ) so when I loss on crypto, I'm not loss 100%

Learning capital management is important and I'm usually read the book about it to make me easier to understand how it's work !

I'm practicing this method now. The profit I made with HODL before, then disappeared. But I've been converting some of my profit over the past few months into USD. So I can't get my capital back. Then I plan to expand my investment in the same way.

i support what you said, earning bitcoin is good. the only issue is that so many people have made it a source of living forgetting it is volatile and anything can happen to the price at any given time. it is also prone to hacks as hackers can steal your money online at any point in time. we shoud not indeed depend on bitcoin for living as it is unpredictable currently.

You are right, bitcoin can provide benefits but if we make a wrong decision then it will be a loss, and because it depends too much on the benefits of bitcoin it will be a risk.

The problem is that many members really thought that they can just look at bounties as their major source of income. Specially when crypto boom in 2017, we will see a lot of thread asking for advises if they can focus on crypto and leave their regular jobs because they are making huge money in trading or even in bounties. And I'm sure majority of them made that unforgettable decision, because we have seen by now the hardships and difficulties of 2018 and I wonder how are they going to provide food for their families? So it's a hard lesson, yes, crypto might be good and giving us money, but there is a big risk involved and we can say that it really works in cycle.

Great words Coolcryptovator.

I agree with you, to earn in bitcoin is great, but it shouldn't the only income source because volatility can give us some good times but nasty times too. I have 2 jobs who pay me in bitcoin and one job who pay me in my local coin, I try to divide because if I only got an income in bitcoin it would be a hard pain every time the price goes down. Let's play it starn and avoid putting all the eggs on the same basket.

You made a great point!
Earning bitcoin is good and should be viewed as another source of income,
Diversity is key,  is not a bad idea to invest in other sectors as well.
It's a creative thing to do.

Yes depending upon the only money making where will be Bitcoin is not a good idea because Bitcoin is unstable we cannot do anything against the value it can go either up or down on the time it will not helpful for us that's why we are saying don't trust only Bitcoin make some other where money making it will be helpful it the future.

Most of the traits of a person are quickly satisfied when he gets something that has been targeted but he does not think about the future must be passed by his life. A person only focuses on the work he is doing and their future affairs are only left to time and never to design his life. I agree with what you say, when someone depends on his day's income from bitcoin I am sure they will be miserable when faced with a bear market condition. I have a friend and he decided to focus on cryptocurrency in 2017 and leave his job because he reasoned that the crypto currency beat his income per month, but what happens now is he is busy looking for work again, that is very unnatural.

Dude... You guys are talking about depending on "Bounties" - That has nothing to do with depending on BTCBTCBTC

Don't be a bum bitcoin bounty dumpster diver and expect to find a shiny new lambo  ::)


Bitcoin is up over 1000% in 2years. Most traders made some serious money last year and hopefully saved some for the bullish times.

Yes you are correct. We should not depend on bitcoin alone because this crypto market is not predictable and we can become millionaire in 1 night but this is very rare case and there are people lost huge value from bitcoin so be cautious and don't depend on crypto coins. Do some work and keep crypto as part time so that you will not suffer a lot and lost confidence on crypto market.

I agree with you that we should only treat it as a secondary profession, not to become dependent on it. When you choose it as the main job, it will really be your source of life. If you can't make money from it, everything will become really desperate.

Also wrong in my opinion. Because lots of unpredictable things could happen(bounties that does not pay for participation in it, gambling as itself, loss of value and as so losing the funds...), it is wrong to depend on bitcoin and crypto currency as a main income source. There is no guarantee that you will have certain income, therefore basic life needs and existence itself are jeopardize.

Crypto may change the world, but you should never go "all in" on it.  Just like the internet changed the world, but it took a decade + before it really got up and running.  Not  saying the timing will be the same, but saying the risk absolutely is the same.  We're (kinda) front runners to brand new tech - the risks are equal to the rewards! 

I totally agree. It is good, but even if it seems like a great idea that could completely change the future, for now we don't have idea how long will it least. It's always good to have some emergency options

I agree, there are people who make a healthy living earning bitcoin
but not just from bounties. There are people who trade, who create
content for example to earn bitcoin.

I wouldnt be worried about the volatility because the high prices
balance out the lows.

Earning fiat is good, but don't depend on it.

I partially agree with you. However, there are many people who were able to leave their jobs because the cryptocurrency began to bring them sufficient income. I would paraphrase your words a bit and say do not leave your job until you are firmly confident that you will be able to receive a stable income from crypto in any market. I think there is nothing wrong with people seeking to make crypto their main source of income. It is better to depend on bitcoin than on your employer.

There are a lot of people who are engaged in full time online trading and you should not consider trading as passive earnings. Passive earnings can be bounty. If you have invested all of money in a volatile market, one day you will certainly lose. Or in such cases you should store enough money to pay for your own needs.

well that fact, that you cant obtain a regular income with bitcoin makes it basically impossible for bitcoin to ever become a world currency.

I agree with you mate,the market is very volatile that is why its not advisable to left jobs and depend on bitcoin.I have heard some of the people i know whose doing jobs to own bitcoin have profited a year ago and suddenly they'd resign and go on for a vacation.Even myself sees it as a wrong concept.

This rational thinking reminds me of the well-known rule
Do not put all eggs in one basket
There must be a basic work for everyone here to depend on because we all have families and material commitments
I will never leave my work until comprehensive adoption occurs and I have gained sufficient experience.

Some people are force to sell due to they have nothing left to spend for their living and I understand that as crypto earner. No matter how big the rewards we earn market will always decide for the price of our holdings, I expect much of crypto and this is my passion now since I left my job 2 years ago and yes I'm aware of whats happening. Everyone entering crypto for a living should always have back-up plans.

no one should ever depend on any single earing source, the wise way is to depend on multiple sources, especially passive income. No sane person will ever thing BTC or any other thing as his/her single income source.

why not ? i mean its possible man  .  i myself is only depending on cryptos as my primary single source of income because i dont have a job so far and im pretty sure that most of us are also the same as my situation because the real truth is that finding a stable job offline are much harder than you expected . even if you are a graduate in college or even if you are a title holder , you cant expect to get hired imediately because many people are also aplying for the vacant posisition .   

so instead of wasting our time applying outside , why cant we just foccus here working with cryptos ?  we can get  instant carreer here with no boss  or any hasel 

That is why we need to diversify in many things and don't depends on one thing. Bitcoin is a great way to make money, but we also have the other way which could help us to gain more money. We can use the altcoins or the tokens to make another money, and I think it still worth to use them as we know that bitcoin, altcoin, and tokens can give much money if we have a good analysis. We don't have to leave cryptocurrency because I am sure we have the other choice to make money and besides that, with still in the crypto, we can try any possibility to survive so we could still make money.

I like your thought, many people use sheepskin to sell their abilities that they can, but he is not aware when the thinking of person are facultative there is no someone who know about everything, someone's insight depends on their experience. Honestly, I'm a scholar but I don't feel like working with someone else like a company etc, I just want to open a business myself and that is more satisfying for me. Regarding bitcoin which is used as source income, I think it depends on each person, the OP only analyzes it in general, not personally. Maybe there are users who make bitcoin as source income and they can still survive with the bearish market that happens, everyone has their own sustenance.

anybody who is getting into bitcoin should already know about its volatility and generally the risks that are involved with it which are not only limited to trading (price) risks. and most of them that don't have their heads in the sand already know that which is why they usually have a pretty good plan for their future too.

those who are confused and are having problems specially having problems due to the price drops of last year, never had that plan that they should have had in first place.
for example the link you posted is probably from someone who hasn't been "trading" he was "buying and selling" which is more like a random think and is more similar to gambling rather than trading. and it has been one of the problems with many people. entering the market is easy so they think making money is also easy and  the "occasional wins" are also misleading them into believing that.

Definitely right! Never ever depend on bitcoin. Don't give up your job just because you think bitcoin will make you a millionaire. Yes it will, because it happened before. But it takes years to happen again. Which is, it cannot give you a monthly profit unlike your job salary monthly to provide your needs. Think wise!  ;)

hence from that now there are so many people who use bitcoin to be used as a side job, because bitcoin does not always have a high price that can make users get a big profit. especially now it's still difficult to earn money from bitcoin

Maybe you have source passive income except from bitcoin or altcoin investment, after getting profit fro trading or investing you have use your money and open real business, maybe is the way when your investment is lower price.

On Facebook a lot of my friends asking what are the best option besides bounty hunting and trading, yes these are people who rely on online to make money or to make a living, what this bear market teaches is we must have another income-generating job besides online, because there will come a time that everything will not go well, just like what is happening today.

I think no one should depend on the profits they are expecting from crypto trading or investment to open a real business poor or chase real life goal, that will likely bring about more depression if things don't work out(which is very likely) as expected, One should set real life goals and works towards it to in order to be able afford a more convenient life style and If per adventure a big profit comes in from a crypto it can serve the purpose of making those real life goals easier.

you can't make a living by doing silly micro jobs online such as "bounty hunting". not to mention that majority of ICOs have been scams and you lost a lot of money if you participated in any of them. additionally like anything else, entering cryptocurrency market requires a lot of experience and also needs spending a lot of time doing it.

Actually, it depends to the people if they will depend their life on bitcoin or not. However, I depend my income in bitcoin because I'm full time worker in bitcoin which I do daily trade and I do not have permanent job.

That is one of the lessons that I have learned,  we should not depend to earn money from bitcoins. I lose big amount of money when I make investment in bitcoin without careful. The market is really unpredictable so we should not depend our earnings from bitcoins.

Yes oviously we should not depend on bitcoin or other crypto.We should take it a part time job with main job or study. And we should learn from this bear market that we should not blind believe on crypto. We should always book profit.

Yea good point we all need main (1st ) source of income, crypto is just an asset. I earn by online crypto gambling and through signature campaigns but those earnings through campaigns are funny (e.g. last week I earned $8.5, yea real comedy). but patience is a virtue.

This post is so right, just emphasising on how unpredictable btc or any other coins is. But some depend on it because of their real life situation.  I have lots of friends who are scared for the future of cryptocurrency

Well said, earning bitcoin isn't that easy nowadays. The major earning of bitcoin is possible through trading and gambling. Both were high risk involved, depending into this primarily for earning is not the right pick. If something goes out of prediction, it will get reacted on our regular living. To avoid such circumstances it is good to have a regular job and have bitcoin earning aside for making ourselves wealthy at the earliest.

Yes! earning some bitcoins is a good thing however like you said we need to stop depending on it. like me when I earn some money on bounties I used some of it on a small business and when i wait for some payment on bounties i will never be broke. because i have some other source of income. having some many source of money will make your life easier.

You must have several sources of income always. Do you have 20 thousand BTC? That's cool. But what if tomorrow 20 thousand BTC will turn into nothing? The crypto world has its own laws and rules. And this is a world of opportunity. But this does not mean that you have to leave the usual world, usual work.

There is no fix income that you can get from Bitcoin. As a matter of fact, there is no assurance whatsoever that when you get into Bitcoin, you will be making a good deal of wealth in the end. We have to always remember that there are risks involved in taking part of this kind of gamble. When you decide, you need to be objective. The market in which we want to make some money is a volatile and uncertain one. Instead of our goal to create wealth, it could end up the complete opposite. Our investment and efforts and hopes could easily vanish. We should not rely on something that is not certain as our source of income.

Yes right, for beginners like me, it's impossible to fully depend on my life for Bitcoin, because now it's very difficult to get income from Bounty, so I have to find another job besides I work here, looking for BItcoin.

People will come again after seeing a good market price for the crypto. There is no better motivation than the market price movement and definitely all will be good if the market price will go high. Cryptocurrency is just like a money tree and wether we like it or not this is how people seeing about the system. Some may say that cryptocurrency for them is a technology that should be learn for good integrating it to daily use. But, I doubt about it because I know that they too like to see crypto market goes high in terms of market price of the crypto.

Which is far better than relying into one industry,  if you can work outside crypto and make this venue as an additional source of income you will be more safer than leaning everything to things that uncertain, like what you have said we don't know when the value will rise nor when it will fall so deep, secure your life while continuing your journey around this industry.

It is a truth that mainstream mainly seeks for a profit instead of utilizing the use cases of cryptocurrency. In another case, it is a bad habit to depend on single source of income as we know the average of a millionaire has more than 3 sources of income. Earning bitcoin is good don't make it as the only one source of income.

I depend on it. Not as the only source of income, but rather as something that will give me financial freedom and security. This is the main reason why almost all my money is in Bitcoin and some other cryptos. I didn't sell my house or go on a diet to invest, but at the moment almost all my fiat money is in crypto. If it goes well I'll have a great retirement fund and will be able to travel and not worry about anything. If not, I will have to work until I'm too old to move. Life is a gamble.

I think relying on something is not good especially we also do not know how in the future bitcoin works, we may use it but it is better to use it as a side because if we depend on it it will have a bad impact on us.

Yes this is a problem because when people are hearing about BTC they think at big investors that have earned a lot of money and they can live well with the help of Bitcoin. The thing is that at start is better to have a job besides Bitcoin, and the crypto world can can be an attachment source for incomes.I think that is better that way because as we can see the market is unstable right now and you can lose a lot of money.

The more source of income we have the better, so its not good to depend your daily needs alone to bitcoin. You’d better to treat this market as your long term investment since the price are still cheap but the future is good. If bounty doesn’t work well to you, look for another opportunities.

I agree with every word you said and in fact that what I did, in 2017 like many others I decided to go all-in in Crypto working and investing and only after a couple of months I decided that this is totally wrong if there is no way to guarantee a fixed monthly income then this is probably not a thing I can totally depend on, and now I am very thankful that I decided to change my mind and make Crypto a side thing, of course, there is still pressure when prices go down but it is not the same like someone totally depend on it as their main income, for me I have my monthly income kinda consist so I will probably be able to hold and not panic as someone that has their monthly and main income totally depend on Crypto.

But only a few people like you recognize this problem, most of the others consider bitcoin as a major source of income because they see a lot of people have a good income and a comfortable life when they work full time with bitcoin. However, people who depend on bitcoin don't know that these are people who come from the early times of the market, they get the chance to become rich, with newbie and the late participant, the chances of getting rich were too low, depending on bitcoin just making their lives tiring and stressful, unable to have stable income to sustain life, they should soon realize that and should not continue to rely solely on bitcoin

I too agree with you that depending only on bitcoin is not that good and it is best for both bitcoin and its users because any user who depends on bitcoin doesn't ever think to use bitcoin rather than investing or trading it withing exchanges but which do nothing to bitcoin's future for it to progress as a currency in the world but I don't see anything wrong if some one benefit from bitcoins volatility and other potential features as a part time work because it can make profits for users and also can make bitcoin more demanding

Lots of people depends upon only with the money making way using Bitcoin it is good for today situation but depending upon Bitcoin for long term investment will not be as good as like doing some other job that's why this topic will happen Bitcoin is a good way of money making but it will not definitely standard so make some another way to make money.

It is better if bitcoin is used as extra income not to lose the main job ... because bitcoin prices fluctuate and we also do not know when prices go up or down ...

Considering bitcoin as an extra income tool and having a real job is a reasonable thing on these difficult days. It is same for other assets in traditional markets and there is no special thing. Let's take a stock owner as an example. If you were not a professional trader or investor, you couldn't earn enough money for your payments.

Yes there are many way to earn in bitcoin but i think bounty is the first depend who guys starting carrier as a beginner.
Lending is a bullshit and very risky way to earn btc because mostly scam in i told that in my experience.
Bearing market non stopped so that a lot of guys going to left crypto.

I am started from 2017 and making good earning because 2017 ending moment made happy everybody. But i did't not sell any token when market big growing i missed the trend. I am totally depend on bitcoin that's why i'm not try to applied in any job. Now i have no way to survive without job.

I agree with this one, and the current situation of Bitcoin nowadays is a living proof of that. We should not live dependently in Bitcoin due to the fact that it doesn't support consistency, even the single amount of a token really varies and I think about how difficult some times to rely on something we cant be so sure and I guess Bitcoin is mainly for having extra source of income.

The point is make bitcoin as the second priority. Secondly make the stable job as the second priority. We should not misunderstood the difference between bitcoin investment and stable job. There are instances bitcoin will make you down once misconceptions. But everything will be save by stable. The regular profit or salary can save your daily needs in order to survive. Depending on bitcoin is not recommendable.

I disagree with you there, because if you've ever read any of the ban appeal threads in Meta, you'll hear all sorts of begging in the form of "plz unban me, my family depend on my earning" and so forth.  Could those statements be lies?  Absolutely, and I remain skeptical and cold in the face of them--but I do think that there are a lot of folks in 3rd world countries who think bitcointalk is a place to work.  And I also believe that if you're earning bitcoin through bounties (and especially if you're employing alt accounts as well), someone in a poor country could earn far more with that than in real life.

That's true, and there are many other reasons why someone should have a job in real life instead of relying on shitty, shady bounties that might not be around for much longer.  You can already see bitcoin-paying signature campaigns are getting rarer, but those altcoin bounties are eventually going to die off.  The market is going to get saturated with this crap and people are going to stop falling for ICOs and their scams, and the devs are going to stop paying people for advertising/translating/social media posts.  You'll see.

Whoa there with the exclamation points.  Those should be saved for special occasions.

I do remember some threads here about people selling their kids' toys, houses, and all of that.  Who knows if they actually lost money, though?  They could have sold in time to make a profit, and I don't think many of those threads were followed up on by the OPs.  It was pure lunacy when bitcoin was approaching $20k, and what's amazing is that people want more of that type of bull market--the kind that's not sustainable.

Man, not even I'm that cynical.  Then again, if and when a Venezuela-type of hyperinflation hits the US I'll come back here and admit that you told me so.  Let's hope that doesn't happen.

You're not wrong it's possible to go full time because not all countries have the same cost of living. Depending on Bitcoin as your main source has it's own risk that's why some prefer to have more ways to earn other than trading,mining,campaigns, etc. I would only do this if you're working for Bitcoin casinos, exchanges or services that are established . Having an rl job is still better imo because you can use that experience to find a new job.

i think if you are an expert person and earning bitcoin now then its your plus point bcz bitcoin is in its early stage.we can dependent on bitcoin bcz its future is good.

Having bitcoin is good but depending your profit unto it is not a good idea I think. Because, it is volatile. It is still good to depend our profit that has a stable earnings which I think we can get it if we establish a traditional business. But doing bitcoin in the meantime is good only for a sideline income as long as were not getting a big profit in it.

My think is right for me,I think I do not fully depends on the Bitcoin asset. Actually Bitcoin give in my Extra income source.even I have to say something moment Bitcoin is the good currency to Eran more money with the crypto world.i know some people getting Bitcoin their organisation online stable business assets.you see as the lot of signature bounty in here,and they are paying bitcoin.so you can getting into Bitcoin your extra jobs for increase your money.

I don't think that someone ( except the experts) should totally economically dependent on bitcoin(or crypto). Most of the people want a secure way of income for the minimum requirement of daily life. Depending totally on crypto is nothing but gambling. per time income is the best choice.

Depending and using Bitcoin or crypto in general as one's primary means of income is not a very good move. Unless for students who want passive income while they get done with college and also other members of the populace that wish to use crypto as a means of adding up to their basic income. Bounties these days are not as it were in the past.

We can depend on bitcoin of course but it will also depend on your life, if you’re already rich and can afford to depend on one source of income then I’m happy for you, but if you just like me who can’t afford to focus on this better to have your stable job since the profit in this market is not guaranteed. The future of bitcoin is great yes, but we can’t wait for that moment since our family needs the food everyday on the table. Just invest small amount, and in the future if that good things happen, you can be more safe to depend on bitcoin.

I think depending our own income from bitcoin alone brings a lot of risks.The market is so volatile so the price itself changes from time to time.If you have found a stable job already,then don't leave it.You can do trading or joining some bounties and at the same time working in your day job.You will be more profitable of course.But if you are sucked from your own job,then better leave from it and find ways to make a good income in bitcoin.

Of course, no matter how much I want bitcoin to succeed, we can always be wrong or something can happen that ends with the advancement of this technology, so it is never wise to put all your eggs in a basket, if you have a job with a fixed and stable income, that can have much more value than any emerging technology.

Earning it is good but focusing to it gives you a risky journey.

Stick to your job as that provide security especially if you are a family man where you have children that depends on you, it's hark to gamble their future in bitcoin although it gives a possibility to change our financial status.

 Being a matured man, you should analyze what you are taking, if you focus with bitcoin, make sure to save when you can sell for a profit because not all the time the value will be stable or increase, take it for example on what happen last year, market dump and it causes panic, so if you have already save when it pump in 2017, you will be able to sustain your life in 2018 without panicking.

ALL GOOD ON THIS POST, THIS IS 100 PERCENT TRUE.

Doing job on this forum or joining bounty hunting is a good thing but never depend your whole life here.
Bounties are not made for quick money, sometimes we need to wait more than 3 month or even half year.
We should have the money we need to support life especially if we are a family man.
The earning here is really superb but we need to wait long for that.

Never is it a good idea to reply 100% on Bitcoin earned to be your only income.
If you depend on Bitcoin, you might be in a lot of trouble if you can't find work related to Bitcoin.
I find myself earning Bitcoin from small side projects as a way for extra spending money.

depending fully on crypto currency as a means of livelihood is a wrong decision, like the author likely said, its good to earn bitcoin and crypto currency through the various means possible, but depending solely on it as a means of living will result in emotional disorder in times of a bearish market like we are currently in now.

I agree, I think that the whole idea of having cryptocurrency is good, and making profit out of it is really helpful, I have heard and seen how people earned money through cryptocurrency in no time, but I have also seen how those people lost a lot of money as well. Relying on one source of income is not enough, we should be having and taking every opportunity that comes in our way, let us not depend on one source only.

Everyone in this world must have strategy in their life. Life who only depends on crypto i think is totally wrong, and like you and other else in here might be agree with it. We must have real job with fixed salary to keep maintain our life.

If it depends on bitcoin it is indeed a mistake but if successful, it can be for other real efforts so that this provides multiple benefits and can be profitable too. I don't blame people who depend on bitcoin because this is also a pleasure or a hobby to collect coins. We have the right to get bitcoin according to our skills and expertise, so we will be able to read the market situation and be able to determine when we live and survive.

We need to open mind for something else around bitcoin and we can see that altcoin can be another option for us to diversify our investment. I don't depend on bitcoin only because I don't have much bitcoin to trade and make a profit. But I have many altcoins in my wallet, in many exchanges, and it can help me to survive in the crypto. And if I can earn much money from crypto, I will try to create a real business in my real life so I can have two sources income to make money.

Re: Earning Bitcoin is good, but don't depent on it.

depent is that a word?

We should always remember that Bitcoin is still in a experimental phase and that most of the scaling problems and solutions are still in early implementation phases, so a lot can still go wrong. Bitcoin is also seen by most speculators as a high risk investment and these markets are reportedly manipulated by a few whales.  ::)

Do you really want to give up your day job for something that are highly experimental?  ???

I totally agree with OP as i myself was totally depended on Cryptocurrency and this forum, but before 6 months i realised that it is totally foolish to depend on it and it should like part time or long term investment. Today i am happy as i am working for day job and same time i am also working for cryptocurrency. But now cryptocurrency is just my part time and what ever i am earning is i am saving for long term profit for future.

Having a job is better than depending on cryptocurrency earning alone because job provide you stable income throughout the years. If I want an extra income then I buy bitcoin abd some altcoin for lobg term investment. But if you are full-time and dedicated cryprocurrency trader, your whole time will be on trading alone and its means your income depends on cryptocurrency trading because you have no time for job.

   I think there will come a time when people who have dedicated themselves to the crypto market in the past will be able to make cryptocurrency a full-time job. At the moment, it is risky to try to earn your existence only from cryptocurrency. The market is fluctuating, but I think Bitcoin will be a means of payment in many countries around the world and its fluctuation will not be so great anymore. I hope that in the future and ICO SCAM or projects without potential will be quickly removed, and efficiency on the crypto market will be better.

Yes you are right, we might earn a lot of coins and convert it to money and make our lifestyles change but theres a ending if the market bearish and all the coins dump. We need a true job that can help us our daily needs to support and for our family. Bitcoin crypto currency is just like a extra job to have a extra eranings because someday will change everything.

I would agree on the idea that there are no real millionaires in just a day, and that everything could not just happen in just a setting but honestly not to disappoint anybody here, there are persons whom I have known that really had made a fortune on cryptocurrency and are among the lucky ones. Yet as said it does not guarantee that everybody will become millionaire. There are no real shortcuts for being a millionaire. You need to perspire to inspire others. Everything should come from hard work and perseverance.

Bitcoin can not be the main income, because it is not predictable. Anyone who thinks about his future should find a permanent job with a stable income. Cryptocurrency is just an extra income or hobby.

That is one of the problems of the investors, they see the bitcoin as investment for them to earn profit. They keep depending to the bitcoin for them to earn money. They experience losses because they always thinking that they can earn money from bitcoin.

A correct opinion. I find that it is better to have multiple sources of income and your investments must be varied too. Bitcoin will take off no doubt, but it never hurts to cover all te bases and have something to get back to when it drops as it happened last year.

What op said is true, a lot of people (especially from year 2017 which is the best year of cryptocurrency market) chose to just quit their day jobs to make money from trading or investing on Bitcoin/altcoins, which is not an ideal thing to do. It is true that we can make huge profits from cryptocurrencies but the market is highly volatile that we can also lose huge amount of our investment in a minute. If the market crashes and your only source of income is from Bitcoin then how will you pay for all of your expenses. But the truth why some people rely to this is because of thinking that earning money is easy which is wrong, you have to work hard for it and don't become a lazy person just waiting for the crypto market to rise.

Well, many people have made trading their full time job and they are doing it successfully. Trading with bitcoins/altcoins is not scam at all but the thing is that you are fully skilled before you start this. Also note that earning with bitcoin is far better as the prices tend to rise quickly and you can get a lot of money for your earned coins.

yup, I strongly agree that relying entirely on bitcoin for daily needs is an inappropriate choice, especially for us small capital owners. I myself make the cryptocurrency industry especially bitcoin only as a free time filler that generates money profits when I myself still focus and have priority to finish my lectures.

we all have to agree that the crypto market is very unstable, we cannot expect to eat for the next 6 months in one form of long-term investment (hodl), obviously you will die because of that. and all forms of risk of loss must be dealt with, therefore everyone is ready with other supporting options when crypto is no longer profitable.

Well many are doing so but a lot more who tried end up realizing they made the wrong decision. It's a gamble that personally i don't think i'd be willing to make. I tried for a couple of months and though there's profit, it can't be depended on espescially if you have constant expenses.

all produce it either that is not excessively good or must always use bitcoin forever our lives are not fixed by bitcoin but many of them don't focus on just one point

We can said this is take the advantage of a new thing that can be utilized from the side of its strengths, that's one thing that really deserves to be applied in our efforts in life. On the other side.. bitcoin is not really legal throughout the countries, and it's still a matter of consideration, in my opinion this is the best decision not to depend too much on bitcoin income in this life, I myself was doing that, making it as a another side of what I do to get income.

Agree. Crypto investment, trading or bounties cannot be done has a full time job until and unless you are an trading expert, as Cryptocurrency market is quite volatile and it can badly affect your hard-earned money.

a very true statement in my opinion to focus on the crypto currency I don't think can happen in my country because the prohibition that made it all cannot be done fully

Yes its good not to rely on depend on bitcoin cause we can never tell what the future holds so to be on the safer side we can also diversify into different investments so we do not get stuck in one and regret afterwards. Spread your investments thanks

Many people did a wrong decision because they chose to depend on the bitcoin than to continue their job. Now they regret what they did because not all of times they can earn money from the bitcoin.

You know there are many people who have made bitcoin or crypto as their main income, and that doesn't matter.
as long as you have a way that can produce big profits or steady income that can support you, why not?

You are ignoring the fact that BTC prices also fall drastically and it is 75% down from its ATH. Taking crypto as a full time job is not the ability of everyone.

When you get profit from bitcoin or altcoin investment, you have use your profit or your money for take action with real business, you have open real job and never depend your income from bitcoin, because bitcoin have speculative price.

I am totally agreed with you. We should depend on our main job. We should more careful that our main work is not hampered on account of it. Bitcoin is a good way to earning but we should take it beside our main work. We can't depend on bitcoin for lifetime.

Even though you say that don't depend on bitcoin, the reality is that most people think that they have put their lives on it. I realize that people only talking not what they want

Before i depent on BITCOIN, i made sure that i have some savings to depend on.
YEAH, before i decided to stop working in normal life i save for a year allowance not just for me but for the whole family.
Luckily on the last quarter of 2017 i made a jackpot bounty which gave me 2 years of my salary before.
Now that the cryptocurrency community is at low life, i do manage to survive.

That's true we xant rely only in bitcoin our daily income because we know how risky bitcoin is and we know that in crypto market its always volatile so we can sure that we can have a good earnings everyday. We can manage the real job and doing earnings in crypto.

If you are depend on only one income source then someday you may be in trouble if that source doesn't work for you, same is the case with Bitcoin, although BTC can make millionaire in a short period but sole income dependency on it may be dangerous. One must have other sources of income may be some offiline business or fiat currency market. Dependency on single income source does not seem good.

 It’s good to have a real job because there is no surety about crypto but it’s only for those who are still lack of knowledge in those crypto currency. It can easily be use as an additional source of income as it’s reliable and give a more recent and easy opportunities. For those who have no real job they also can live better life with bitcoin earning for joining bounties campaign.

Yes i too agree on this don't depend complete on crypto coins because there will not be standard income we can achieve through this channel we have to look for job or business which give us monthly standard money to fulfill the daily needs. Crypto can be part time job for us and we can spend time in phased manner to earn the money from crypto coins.

Planning to make cryptocurrency your main source of income is not bad. People just need to understand that it is much more difficult to do it now than before. Then many managed to snatch a piece of the pie and many are inspired by their experiences wanted also. But now everything has changed and therefore it is necessary to make more efforts to get rich.

right what you say we know the risks in investing with crypto currencies are very large and maybe also the problem of legality in my country is very minimal even the government directly prohibits crypto currency transactions directly

I believe that this is the only way that should be chosen when we talk about cryptocurrency. Actually, it was stupid not to leave our jobs, but expect a better rate(

This is true we must not depend on bitcoin alone because there are lots of other cryptocurrency which we can make profit not only bitcoin. Moreover people must realize that investing in cryptocurrency carry high risk so if we have a stable job or other business work on it and not just depend on Crypto.

Bitcoin is a digital currency, that find in the crypto industries, which has been transparent on any transaction made with out mistake in calculating, secondly bitcoin is a decentralised currency, that the price keep fluctuating on the trading platform.

Totally agree,we don't have to depend earnins based on the crypto currencies only since it is very volatile market we can't sure what will happen and all our money needed to run our life will get vanished so better to have crypto as our passive income and must need to have primary job which can give enough earnings to cover expenses.

Great, thank you guys for the advice you have given.
I fully agree with you because if we are too dependent on Bitcoin then we will not forever earn income. For example, in 2017, so many of my friends left their real work for the sake of bitcoin and what happened to them right now is really just a regret.

I always considering the risk that I facing and that's why I do not depend on the bitcoin at all times. I need profit but I am aware that not all of times I can earn money from bitcoin.  Due to its volatility, I expect that its price is always changing.

absolutely right, it should and indeed crypto will have the nature to be passive income. not good for this habit. But with the difficulty of finding work at a time like this, Crypto is a solution for some people and ultimately they depend on this, let the market go according to the plot, we don't need to rush.

For the most I guess bitcoin is the future in the economic transactions that will make adaption on how people make transactions in day to day life.  We are the pioneers of bitcoin use cases that are being introduced right now and the cryptocurrency market cap is just a baby in our generation. However let us look forward on the next generation what will bitcoin and the blockchain will affect their lives in a day to day transaction and the technology that they will be experiencing.

It is difficult to depends on unstable.
People wants stable one than unstable.
We want stable relationship, stable life, stable job, stable family, and stable resources.
Nobody wants unstable except the risk takers. How much more big amount of investment.

I agree with your opinion, we should now treat Bitcoin as a passive income and don't give up yet, I mean yet because the potential of this technology has not yet matured, in the heyday of bounty campaign, people left their jobs to focus on bounty hunting, if they did not set up a business using their bounty earnings, they are in trouble when bear market happens.

Very well said buddy. It's about time we realized trading or earning in Bitcoin should be a passive job for additional income. Anyway for those who have money and are day traders, it may look good for them but generally we should embrace this and do it part time even amidst these times. If you're a developer for any project also, you shouldn't stop building.

Bitcoin income should only serve as a sideline of your main income, an alternative source of income so to speak. You cannot depend on the income you possibly get from Bitcoin. It is very risky. There were so many questions on this forum before, asking whether or not it is a sound decision to leave their job and focus their time entirely on Bitcoin and related stuff. I have always been consistent with my answers. If you have a good job that pays you well, why leave it? But if you have a job that takes all your time and effort and yet pays you a minimum, it is always better to leave it even if you are into Bitcoin or not.

yep. you cant depend all stuff just on bitcoin.
actually, if you success and make much profit on this case, you can build your own factory, to produce your own profit and not depend on bitcoin. because, bitcoin its not hold on fotlr long time. sometimes they will down and in that time, you have the other leg to walk

Yes everything is good in bitcoin but unfortuntely theres an ending like this happen how it dump in how many months,  this bitcoin is just ah 2nd place from our job we need a true job that even we cannot earn bitcoin we have a salary to earn.

Why I would depend on bitcoin? I already know that there are times that I can't make money through trading bitcoin because of its unstable price. Depending on the bitcoin is one of the wrong decision of every investors. They always think that they can have profit if they have bitcoin.

My suggestion will be earning bitcoin for your life is good but don't depends on the signature campaign bitcoin earnings.Because 2018 taught that bounties and campaign will not going to stay forever as profitable so move and find the job which can give money then invest it to be a rich dad,

Before i enter crypto community and start investing my money for bitcoins and altcoins,my time for bounties and gamblings i have a work a decent work that can provide for my family’s need

Someone approached me to just focus kn this last 2017 because of the continues growth but I decided to not stop my work,and besides do them both at the same time

I hate those people that spend their whole time in here then if they fail like what had happen last year they are blaming the market

They now regret it because of what happened in the market. They chose to enter the market than to find a job with passive income. They face the risks and now regretted to what happened. They are now worrying to their investment because they lose big amount of money. This situation reminds that not all of people can do cryptocurrency investment. 

Correct, we cannot depend our income in bitcoin because the price is very unstable sometimes you earn so much and sometimes you lose, that's why we need regular job to sustain our daily needs and have regular income.

You are right, and I also advise you to leave investing in bitcoin as an additional income and find a job that will bring you pleasure and a good salary. Bitcoin is too unstable to be your main income.

earning bitcoin is indeed a great privilege and also a great innovative idea but then, the volatility of the project is something that has made much people to consider alternative ways of seeing money. idealy, if you wan to be an investor in the blockchain framework, only consider invsting what you can loose as it is not stable, there are price fluctuations that may not be favorable to one

I understand what everyone has such hopes for profit with the help of bitcoin - everyone wants to leave a boring job in the office and earn on the Internet. But bitcoin is not the best option because of its high volatility, unfortunately.

I agree. You should not depend on it especially if you invest on it where you expect sudden gain. You have something to earn with next to it because you might wait much longer. While you are waiting, you have to do another thing which will be your source because the price of bitcoin is very volatile and you cannot predict when you can get profit.

It's market volatility and price stability makes this thing to be unpredictable future which people have worried about. Crypto line job isn't for  long term opportunity, it only be consider as a part time offer.  If you are having a stable job,  you better take care of it cause shifting into bitcoin is not a good choice.

I believe that earning bitcoin is really good and it is really an amazing ways of earnings, but we cannot really deny the fact that bitcoin earnings is really unstable and it really depends on the crypto market. It means there is no assurance on when we will recieve earnings because it is unstable, so I think we need to find another job that is stable so that we can survive. I believe that bitcoin is good  as partime job.

But we still can see someone very confident to leave their job and focus on bitcoin, and now they become jobless and get worse with crypto condition like this. For us who not late to know it, it is better to learn that leave real job is bad idea.

I believe that crypto job is like a real job and if you can do trading, you can use trading as your job so people would know that you are a trader. I think if you want to get a stable job, then you can go to the company or the governments and apply for a job as their employee so you can get a payment every month. We are doing many jobs related to the cryptocurrency because we realize that we have a big potential income which is not every people realize and want to take part in the cryptocurrency.

It's not gamble you know, crypto trading and investment give profit  to people who understand how it works, requires knowledge and skills to be able to generate profits, so in the long run it's not a problem you know, because you don't depend on luck to be profitable

Bitcoin market is volatile for now but it will not remain like this forever. Time will be changed soon when crypto and bitcoin will be more distributed and the no of whales will increase. The more the marketcap, more difficult it will be to manipulate the market and therefore bitcoin will be much more stable than it is now.

It is very interesting and it is an expression that can give us a pretty real picture of the crypto world where we must realize that in investment and especially in bitcoin investment we will find happiness and definitely get sadness. The price of bitcoin is not stable, sometimes it rises quite high and sometimes it drops very sharply, bitcoin investment promises big profits, but it also contains a considerable risk of loss. For this reason, in my opinion, we should not only depend on bitcoin, and leave our main job or forget about the business that we have lived before. Make bitcoin an additional source of income and keep doing what is the main work or business that we have done before, that's the best we have to do, and I really appreciate what you think in this forum.

Correct. Signature campaigns that pays Bitcoin become less profitable if we are talking about people who depends on it as a source of income. In my case yes I am one of those people that is dependent on crypto because I don't have a job. I find it more profitable here in this industry compared to my previous job. I earn money through bounty hunting and signature campaigns. I got motorbikes and built my own house so why would I leave crypto? All I know is that Bitcoin or crypto in general is the only way that will give me financial freedom.

because the concern is not currently on steady income every month, but you can make a big income. and bitcoin provides that opportunity? so why not?
moreover many people has become full time traders and he succeeded because of that?

This should have been realized from the beginning, long before bitcoin had a good value entering last 2017, many people had left their jobs just to focus on bitcoin, but on the other hand there were also people who only made bitcoin just for extra income. For those who only focus on bitcoin, they will tend to panic more when the crypto market crashes, because they only rely on bitcoin as income, so to avoid this panic, at least they must have any work or business in their real life so that when it happens crash, they can still calmly keep holding it. After all, bitcoin is also very good for our savings in the future.

What the OP says is true, many have fallen asleep when bitcoin rise dramatically in 2017, and I'm sure many of them just leave what their real jobs are, and aren't aware that the trading world certainly has up trend and downs. Luckily for those who are aware, and immediately wake up from a dream to start their real business, and not lucky for those who are already lulled into dreams of trading in the crypto world.
I hope i and we learning from bitcoin cycle experience.

for now, I cannot put all that we have in investment with crypto currencies and I have a reason because my country has not fully legalized crypto currency as the prevailing currency and the government prohibits direct transactions with crypto currencies

Well i agree on that we must not lean on the crypto currency earning due to its unstable status. We must not depend on it and we must make another source eod income, I believe that crypto currency earnings is seasonal, so we need to be more careful on it. There will be a great is more safe if we also invest in another thing not on crypto because crypto is not stable.

Bitcoin and other crypto coins are know as volatile assets, but the problem is that big part of people who work in the crypto space aren't educated financially, and a lot of them are young, hence don't have good experience. I think it is helpful for crypto enthusiasts to witness bad times like this, so that they know crypto couldn't be in uptrend forever, therefore they have to find multiple sources of income.

I agree. This field is very risky to depend on because all of the coins are volatile. You have to get job and make it as an extra because not all the time the price is worth, sometimes it is down where you could think to leave it sometimes. Real job can provide you with fixed amount and your skills have to develop for you to grow and have much better future.

It is also too risky for you to go all in, because cryptomarket is very volatile and we can't say that it will last longer. We should not depend to anything, we should make a lot of source of income and if its possible go for more stable income. Bitcoin is good of course, but if you will just depend on this one you can expect to earn but it will surely take more time before it happen.

For who really serious is good thing and they can make big income, but for others who only get hype because of that it will be bad for them, especially if they only think about big money in short time without any skills.

You're right. Earning bitcoin is good,but don't depend on it and that is because of higher volatility of bitcoin. We don't when it fall and when it grow or like the year 2018 that bitcoin stay in the lowest price and wr don't know when it rise. We can't have proper income specially if we only have little amount to invest in bitcoin. Much better to have other work asude from cryptocurrency.

Yeah there's nothing wrong in pursuing this business, using their skills can generate profits after all. no luck is at stake ?
so it doesn't matter to just focus on crypto job, diligently what is your passion dude!

Some traders will become successful because they passion as well as their dedication into crypto,  but how about the others?  Does they have passion and skill?  I don't think so. 
This is the reason why many were losing from trading and it's thinking for instant profit which couldn't be happen. Hope they think it before doing anything.

I agree completely with your assertion that people should not depend wholely on Bitcoin for obvious reasons.
Like me, I have a 9-5 job and I still do bitcoin, but doing it as a part time job .
The thought of leaving my job for bitcoin has never crossed my mind ,so I don't understand why people should leave their jobs because of bitcoin.

It will depend on every individuals who are joining bitcoin investments , some of the holders of coins made it as an income for life , but others made it as additional income aside from their current income , so it really depends on how treat your ivestment in bitcoin.

Yes, for bounty hunters like me, of course, it really depends on the price of Bitcoin, because if the price goes up, I will get a profit, but if like now the price of Bitcoin is going down very deep, so my income is no longer what it was, and I'm not I want to depend on Bitcoin, I will focus on other businesses.

It’s not good to leave your jobs for bitcoin because it’s not required. It’s good thing that we can carry bitcoin along with our job and it gives us double earning faster than any other job. I am earning since long and I never lose anything but I only wanted to increase my investment as I had such wonderful experience and it improves my life very much.

Exactly, we can earn bitcoin which is good, but relying only from bitcoin and cryptocurrency alone won't sustain for long.
I always think that my income from crypto is only a side job for me, and i have to depending on other incomes as well.
If you do this, even the market continues in bear condition, you won't be affected too much.

I think it's wrong thinking mate, actually I have worked in the crypto business for 2 years, and I depend on income in crypto, and the proof that I can survive to this day even has a considerable amount of money from crypto income, Don't always think about negative things, you won't develop if you only think negatively mate, just do it! just work!

You are  Totally right , Some of just we must all our trust in bitcoin believing that we will get our financial freedom via bitcoin ? One of my friend quit his job believing that he was going to  become millionaire in bitcoin last which never happens , I sold my property  to invest in bitcoin and other Crypto  which i can tell you i have lost more that 80% of it value right now .. but this does not mean bitcoin is bad its good but there should never  go all in ..

I believe whoever on this forum somehow he is connected with crypto-currency. And all crypto-currency surrounded by Bitcoins. There's a lot of ways to earn bitcoin, in trading, gambling, lending, bounty and so on. This is great opportunity that Bitcoin can give us many ways to earn from online.

As I observed, few people left their job than people depends their luck and life on Bitcoin. Most people in this org thought that Bitcoin will make them millionaire. That's not wrong, it will happen one day. But totally depending on it, that's impossible. It will be wrong if we think that the market will always goes up and give us profits.

I suggest, earn bitcoin as much as you want but never depend on it. Consider it as one of your investment and a passive income. Never quit on your job or to whatever business you have. In trading, you must be realistic and at the same time, be positive.

It is hard to say if anyone completely depends on Bitcoin for a living. Nevertheless, every worthwhile achievement comes with some level of risks. If one is bold enough to risk quite a lot, chances are he would profit substantially from Bitcoin trading, mining etc. If one allows fear to subdue him, he may not do enough to profit enough from Bitcoin. So, there; the choice is ours! If everybody is fearless in investing in Bitcoin, the crypto space would have been much more better.

- Exactly, although everything Bitcoin can bring is very good for us, but the stability and earning every day with it is a very difficult thing because the nature of this market is unstable, we can not eliminate this instability when it is a necessary condition for people to make money, and the risk of this instability is too big, so we can't rely entirely on bitcoin or this market. Dependence makes us very dangerous and faces many problems in life the most obvious evidence is that as you say, the bear market, dependence makes us face this bad situation, if we do not work, we will not have money but if we work, risk also makes us lose money

What do you mean by building your own factory? Are you saying that you would do this to set up a mining facility to be able mine bitcoin? Either way that is also an equally risky strategy.

I agree, people easily give up the crypto currency, it should not be so easy to give up because, as you said, there are many ways to earn bitcoins, for which you do not need to invest, if people just put it aside and fill up your wallet, maybe the percentage of loss of bitcoin was smaller and significantly higher percentage of winnings. But I do not think this modern world looks the same way. People no longer have patience and do not think about the future, so there are big problems that lead to loss. And the bitcoin should be viewed as a passive income, that is the only way to be satisfied with the money we get at the end, do not dare to make decisions such as: "I'll buy this from bitcoin until it's completely gone", "take advantage bitcoin maybe on you will not have anything at all, "the majority of the cases are, and then they complain that they have not saved bitcoin.

In my opinion, even though we have made a lot of money from Bitcoin, we do have to keep having the main job. So that whenever there is low volatility in Bitcoin we still have a strong grip. It's true, bitcoin can generate quite a lot of money in great value, but bitcoin also has a very high risk. if I'm private, I make this bitcoin a side job to get extra money. so I don't depend too much on Bitcoin.

Bitcoin can indeed provide decent results and can greatly help to meet needs or maybe to increase wealth and therefore many people who prefer crypto than real work. But for me it can't be dependent on crypto because I think it's risky and because of that I still need real work to meet my needs.

I agree, good advice.
In fact, never invest any money in the market or trade which you can't afford to loose.
It's very simple logic, really.
Any market comes with risk.
It was nice to see btc price jumping very high in the recent years but it was naive to expect that such trend will last forever.
Much better strategy is to cash out profit and play with the rest of money.

I think that there is nothing wrong your earn completely dependent on crypto (but I think it's always better to diversify your investments). If a person is a professional in crypto trading, he can earn money both in a bull market and a bear market (although often such people trade not only crypto, but also stocks, securities, fiat currency, etc.).
If you not a professional, it’s not the best option to make your primary choice of how to earn money only in the direction of crypto. So listen to the advice of the author of the post.

I agreed on this answered of yours dude, that's problem of the majority people here they are lack of knowledge and no wonder why lots of them always turned into lost of their investment/capital. So at least with this kind of scenario they will realize and find out what they are going to do when they are in the actual market platform.

I think there is nothing wrong if we depend on bitcoin, as I have experienced to this day. At first I was confused because it was difficult to get a job and had no income, but when I knew Bitcoin, I could focus on work on the Bitcoin forum and be able to make money which for me was quite a lot. So whatever it is including bitcoin, if we want to focus on it, surely we will produce something useful for us.

I can say I will use the profitable amount from the cryptocurrency for me hold daily needs so cryptocurrency is my only money making me so I will definitely dependent of Bitcoin and other cryptocurrency so the different she will make a difference from each and every people if you had some other money making me you cannot depend on it.

Yes we can't rely only in bitcoin cause the value of bitcoin is not stable and like today the price of btc and other crypto is bad and some crypto addicts leave crypto industry, better to make btc as your part time not a main source of income and you should have your main job like physical job or much better if you own business that can sustained you daily living.

I am sure there is more chance that we can do related to cryptocurrency so we can earn more money. The earning will not come from bitcoin only, and if you can do more then you will get another reward and that rewards can be exchanged to bitcoin and then exchange again to fiat. It means, we can get more and more income in the cryptocurrency. And if we can as much as we can, you cannot imagine how much money we will get it later.

The best thing about Bitcoin or any other crypto is that you can spend with fractions of a cent but the same doesn't apply for fiat.

I'm sure the bear market has really teach those who rely on crypto as their means to survived. The market is very unstable and there's no way that someone will look at it like a stable job. 2017 is different and so is 2018. If you think that you can make lots of money just like 2017 then you're totally wrong. That's why it's better to save your earnings in crypto because we really don't know how far can it go to provide us with the needed money to bring food for our family (if you considering crypto as your main source of income).

I agree. We really need a real work because it is risky to depend on crypto which the price is volatile unless you make it work for you to make a living. Crypto makes you greedy when the price soaring up but not all the time it is profitable. Having another job is needed for you to hold when it is not a right time to sell.

Yes! You should always calculate the possible risks and consequences. If you just keep Bitcoin and hope for something, then you will not earn money! You need to understand that most likely Bitcoin will increase in price, but not to put all your money on it.
And in general, making money is just a part of life, there are many other areas where you can do, for example, something useful for people or for the world as a whole.
My result: to treat Bitcoin calmly and without fanaticism, as a possible method of earning, and not as a lifestyle.

Bitcoin is just a payment system at its core and we should treat it in that way. I agree that when it comes to the newbies, the very first question appears in their mind is associated with earning bitcoins but that's not what this forum is all about. In fact, Bitcointalk has much more to offer to everyone without any cost and we are ignoring it. Senior experienced members are always happy to share their knowledge and experience with us and that should be the prime purpose of a newbie to gain that knowledge. I believe that earning is just a byproduct of the learning process.

Excellent post and I agree 1000% with this statement. People started to be dependent on cryptocurrencies when the all-time highs of bitcoin were reached in late 2017. Everyone thought that they can earn money with it and be rich without any need to work. That is totally wrong. Cryptocurrencies (at least at that period of time) can be seen as a side income and just for that. Don't fall for it that you can do a living with it and sadly be rich.

I agree most part of this. People are so greedy and they seem like they don’t understand the basics of crypto market. Sometimes losing the money is a part of it cuz no one knows the future. Life is full of risks already. The current market situation doesn’t seem so bright but still, feeling hopeless shouldn’t be even an option. So it’s best to put some trust on crypto market. Time will fix everything.

I've heard the opinion that you should always have money for six months in advance. If something goes wrong and the source of income doesn't not work you are able to survive. During these six months, you can easily find new ways to earn money and investment. So Btc is really good if you have so called money air bag.

what is the reason you can't work full time and depend on bitcoin? is it as long as you make a profit there, and can survive, even have a lot of money from bitcoin income, why not? depending on bitcoin is not a problem, the most important thing is that you can live from that job

I believe that OP is talking the majority of the cryptonians and not just bounty hunters,and I also believe that the traders are more affected on this so maybe they really need to go something for this to stay living.but for me they have must working even when they are engaging in crypto since this is a virtual world and not physical so expect no big assurance on your future

Well the problem is, many people aren't quite equipped to live such a life. Yeah there are traders who have trading as their full time job and most likely they already have the experience and skill to make it. Not everyone who wants to live that way can afford to, yet they still quit jobs and get rekt in debt and losses in return.

All you've said OP was absolutely true and i couldn't agree more. It is an absolute fact that Bitcoin can really be a life changer. That is if you know how to play by the rules. Bitcoin is an entirely digital currency and a sure-fire lucrative investment. But it is notoriously volatile. This is the reason why i see Bitcoin [for now] as an opportunity to have supplementary income for the family, to which we badly needed.

Indeed, the best way is to stay on the main job and do not depend fully on bitcoin. Because the price of bitcoin has never been stable and we cannot be sure when it will profit through bitcoin or maybe vice versa that we will experience losses through bitcoin. For that I really appreciate every person who tries to generate bitcoin and get profits through bitcoin, but also we should stay focused on our main work which is certainly we get income every month to meet our daily needs.

I completely agree, depending on only one source of income, no matter which one, could be risky. This risk is especialy big when we talk about Bitcoin because no matter your current profit in Bitcoin you can't rely on that constantly and also you should always be aware of volatility. Also, financial world is not ready yet to fully embrace cryptocurrencies.
I would say that some are very brave but also capable Bitcoin users who managed to make their living from Bitcoin only but these are very rare so don't think this is easy.

Yeah! Better to be independent in other things! Do not depend your financial needs on only one source of income. We should also have other ways on how to earn money. In fact, I experience also to be a bait in this industry. I turn my assets in cryptocurrency last 2017 because I thought it could be a greater year when 2018 comes on. However, it was done when all tokens crashed last year. I alreay withdrawn the half of my investment and turn it into fiat.

That's the reason why am not encourage to depend on bitcoin or online earning. Whoever invest on end of 2017 they are all in huge loss. Lots of people's become hopeless due to market conditions. So many people's was depend on Bitcoin once was bull run. They watch dream that bitcoin will touch 50K. Then what happened? All of dream become zero due sudden crash. So it's better opinion that just earn from online as passive income. You should not invest all of you assist on any online businesses. It will hurt you. Think about your family and yourself.

People's experience at the this last year, 2018 has even thought a lot of people not to totally depend on bitcoin.
As you have said, it is good to earn bitcoin but bitcoin has a scale which indicates that it will not be delivering profit every time,just like other world currency may rise and fall in value.it could even be hacked asides the dump. 

Yes you are are even me I planned  to leave my job and focus on bitcoin and investing more in bitcoin because on what I've seen on how to fluctuated the value and rising but I doubled  think that bitcoin is my part time and I need to find a job for the back up in case of falling so that is why I am not worrying even bitcoin falling because I have extra income.

the type of trader will do anything in order to get profit, the same thing happens in bitcoin trading we can continue to explore the potential so that we can benefit,
 we can invest any coins or we can do daily trading so anything for us can be the most important get results.
very different if we we work the results we get will not be as much if we trade, then we can look for loopholes to always trade.

bitcoin is good but we need cash  .  we all know that btc or any other crypto was freakin unstable and not all times we can earn thru it because most of the times the value of bitcoin was in dump state   .  earning btc is also limited , i mean the job and the pay rates plus the price can also affect your income  . so far many people are regretting because they did already quit their rock hard solid job last few years ago because they think that the pump will last for a lifetime   . the sad part was it didnt  happen     , now we have no choice but to continue striving and earning btc  to stay alive  .

exactly what you say is indeed a crypto currency investment that is very profitable but also the risk that will be obtained is very large too, if indeed you are ready to invest by risking it all does not matter

well, basically I also make this my hobby, but I still look for work in the real world even though the salary that I get is not as much as what I get from bitcoin. well, this is just something fun. see, and support some pretty good projects, and see the development. this is very interesting, but I don't depend on this.

Bitcoin is really a good source last 2017 when the market was on boom.
But 2018 made the difference which many people who depend on bitcoin lose a lot of amount.
We should never depend on BITCOIN and cryptocurrency, this must be an alternative job. FOR NOW!

I totally agree with you. I mean, it is a new currency, you never know what is ahead of you, so hoping btc will save your problems is not logical, to say the least. For instance, we decided to mine just out of interest, then it became beneficial for us, but we made this our kinda passive income. It was before, but now, with the market being down, I would not recommend anyone to place their hopes on the currency.

I Absolutely agrew with you in this situation market is still suffering to lose including the continue price down of bitcoin the only thing to do is just to hodl your assets fight your emotions and stay hodl.

Bitcoin should and will be always be your another source of income. You should not rely your daily income to bitcoin. Coz if you do, your family will be hunger. Bitcoin is just our another option to earn money aside from working in a company. It's much better than you still focus on your job and do bitcoin in your vacant time.

Depend on bitcoin is not a stupidity. Do you think that people who work in blockchain.info are stupid people, they are smart people who create online wallet for bitcoin users. They are rich and not stupid. People who spend all of their energy to help environment environment  for bitcoin are know that bitcoin will make a revolution in world economy or atleast change on some habbit that too much spend money in transactions.

Fully agree, you need a rational approach to this. There are risks everywhere, you need to take them into account, otherwise you risk a lot. I think the future is Bitcoin. Therefore, the sooner we understand all this, the better for us!

The only people who should be relying on bitcoin for a living are paid traders who do it on behalf of institutions, these guys will be like gold dust when the bakkt finally comes through

Firs question, did you know about bitcoin?

Second question, did you know about blockchain?

OP only insinuates bitcoin not blockchain, as you know bitcoin can be used as a place of investment, can be used as a means of payment and can be used as a tool to send money. I guess the OP only recommends that you don't just rely on investing in bitcoin to get profit / source income. You have to find other ways to meet their daily needs, so when the current price decline does not hamper their investment in bitcoin. As for blockchain, I guess this technology is not a place to invest while those who work on blockchain may have a steady income.

I think there are many people who are starting to depend on bitcoin right now. moreover, many people make ICO projects. well, it's based on their belief in ccryptocurrency. this is a good development, but I agree when we produce bitcoin, while building a new business. not only depends on bitcoin, but also produces new things that have the same potential.

Well maybe now people just realized that they should be smart enough to be able to do financial management and work. not only depends on bitcoin,but if indeed it is a fixed salary in my opinion it is not too problematic

you really don't need to do a basic bet on bitcoin since you can get nothing from it all

I appreciate your topic so much reading it and analyzing the facts is a learning and good tip for us who are cryptocurrency enthusiast. You have a wide experience and sharing it here is a learning process that will add ideas and opinions on how to invest in cryptocurrency in a smart way. I will be looking forward for more of your topics that are related on the cryptocurrency know how tips.

Bitcoin is not a job for us to depend on it. We should not see the bitcoin as a source of income. I do not depend on bitcoin to earn profit because I know it is not a good idea. Greedy persons are always depending in the bitcoin and that is the reason why they keep losing.

The right choice not to depend heavily on Bitcoin because Bitcoin isn't a job that you definitely receive every month or every week. You just need to be patient to see prices will come back again.