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Title: How many bitcoins do you have to sell to make a living? Post by: Ninjahitoko on October 09, 2015, 03:02:03 PM Is it even possible to make a living by selling bitcoins?
Title: Re: How many bitcoins do you have to sell to make a living? Post by: dothebeats on October 09, 2015, 04:02:25 PM Is it even possible to make a living by selling bitcoins? Back when you could mine hundreds of bitcoins in a day by just using your CPU and keeping it up until the ATH and sell it by then. If you have, say a thousand bitcoins and you've sold it at $1100, you could easily make $1.1 million dollars out of it--enough to provide for your needs for many years. As of the current times, it is not a very good way to make a living out of bitcoins unless you have a very popular service that many people are utilizing or using. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Zawamiya on October 09, 2015, 04:20:47 PM Is it even possible to make a living by selling bitcoins? yes it is possible if you can sell 20 bitcoins per month but the question is how you can get them?Title: Re: How many bitcoins do you have to sell to make a living? Post by: okae on October 09, 2015, 04:32:00 PM Is it even possible to make a living by selling bitcoins? ofc it is possible, why it will not be?, well ovbiously we are talking about an scenery where do you have lot of bitcoins ;) Is it even possible to make a living by selling bitcoins? yes it is possible if you can sell 20 bitcoins per month but the question is how you can get them?well it will always depends on where did you live, there is zones on the world where you can live with less than 1 bitcoin/monthly, ofc being humble. Title: Re: How many bitcoins do you have to sell to make a living? Post by: OmegaStarScream on October 09, 2015, 04:37:48 PM Is it even possible to make a living by selling bitcoins? Yes however I guess it depends on the countries , you can't do much on USA , UK , Qatar ,Dubai , France if you ask me . however in my country for example ,the minimum payout here (if we convert it to USD) is 180$ and people could live with that , it would be hard but they do their best . so something like 1 BTC should do just fine . Note that on my country most of people have houses (there is no rent) , they all own houses because goverment give houses to those who don't have money and for those who do , they give them cheap houses . Title: Re: How many bitcoins do you have to sell to make a living? Post by: jt byte on October 09, 2015, 04:45:14 PM It is possible, but bitcoin maybe will not last longer
And you cant put all your money in bitcoins and waiting the price to rise. I think it is possible but you should have lots of money to start with, wait for a crash and buy a lot. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Bitcoinless on October 09, 2015, 05:00:03 PM If you have 10.000+ Bitcoins then yes you can make living by selling them.
If you trust banks you may cash out them and use compound interest etc. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Amph on October 09, 2015, 06:37:24 PM Is it even possible to make a living by selling bitcoins? yes it is possible if you can sell 20 bitcoins per month but the question is how you can get them?why 20, 1 btc is 240, with 4 btc you can already have a decent life, if you can afford those every month 3 antminers s7 can do(almost) this if electricity is 0 Title: Re: How many bitcoins do you have to sell to make a living? Post by: unholycactus on October 09, 2015, 07:20:27 PM Is it even possible to make a living by selling bitcoins? yes it is possible if you can sell 20 bitcoins per month but the question is how you can get them?why 20, 1 btc is 240, with 4 btc you can already have a decent life, if you can afford those every month 3 antminers s7 can do(almost) this if electricity is 0 I would be very interested if you can show me where I can get 4BTC/month for literally free. Same goes for S7 and free electricity. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Possum577 on October 09, 2015, 08:46:23 PM Is it even possible to make a living by selling bitcoins? Yes, but only if you can acquire your bitcoin for less than you're selling them for. And then you'd need to calculate the margin between your cost and your revenue to arrive at your profit - which would determine if you could "make a living" doing it. The challenge is that it's difficult to buy bitcoin today (any single moment time) for significantly less than anyone would want to buy them from you. So you'd have to either mine the bitcoin or acquire it now, wait for the price to rise and then sell it. The latter idea is what many, many people are currently doing - and it does not yet "make a living" for anyone. Title: Re: How many bitcoins do you have to sell to make a living? Post by: notlist3d on October 09, 2015, 09:17:56 PM Is it even possible to make a living by selling bitcoins? yes it is possible if you can sell 20 bitcoins per month but the question is how you can get them?why 20, 1 btc is 240, with 4 btc you can already have a decent life, if you can afford those every month 3 antminers s7 can do(almost) this if electricity is 0 The hard part is where are people getting these places with 0 electricity costs. I do not understand it as most landlords if it's included would not be happy if your bills had multi-hundred more then past tenets in electricity. Only places I have that did not measure were student housing. And they were pretty expensive really. Great housing but not cheap and not a lot of power to play around with. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Mickeyb on October 09, 2015, 09:27:59 PM Is it even possible to make a living by selling bitcoins? I really don't get this thread and your question? I am pretty sure that others were answering without knowing what you wanted to ask OP? The only thing that makes sense to me is that you are interested in trading bitcoins, buying and selling them maybe on localbitcoins and living of the sales difference. But even this would depend of living expenses and in which country do you live? Title: Re: How many bitcoins do you have to sell to make a living? Post by: gentlemand on October 09, 2015, 10:57:03 PM I assume the OP is talking about selling via Localbitcoins or something like that. In that case your concerns will be spread and volume and the right place to buy them from at the right time.
There appear to be professional traders on there but you'd be working awful hard and dealing with a lot of flaky assholes. You'd need your bank accounts and local regulation in order too otherwise you'd be shut down rapidly. There's gotta be easier livings to be had out there but it's quite possible. Title: Re: How many bitcoins do you have to sell to make a living? Post by: notlist3d on October 09, 2015, 11:06:29 PM I assume the OP is talking about selling via Localbitcoins or something like that. In that case your concerns will be spread and volume and the right place to buy them from at the right time. There appear to be professional traders on there but you'd be working awful hard and dealing with a lot of flaky assholes. You'd need your bank accounts and local regulation in order too otherwise you'd be shut down rapidly. There's gotta be easier livings to be had out there but it's quite possible. A lot of the exchanges if the suspect you selling on localbitcoins they will close your account. So you really would need to find a way to get BTC regulary other then a echange. I'm speaking about US specifically. As if you are selling BTC from say coinbase they will not like that. It has to do with KYC they have to do a lot to keep legal. I also suggest you look into laws a lot of times if you do localbitcoins in US it could be considered money laundering. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Anmol_Verma on October 10, 2015, 02:13:39 AM Why would i see bitcoin to make a living?
Instead i buy bitcoins from the extra money everyweak. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Possum577 on October 10, 2015, 05:58:09 AM Is it even possible to make a living by selling bitcoins? That depends on whether you want to live small or live big...which way are you looking? Title: Re: How many bitcoins do you have to sell to make a living? Post by: notlist3d on October 10, 2015, 06:11:49 AM Is it even possible to make a living by selling bitcoins? That depends on whether you want to live small or live big...which way are you looking? If you are not mining them the hard part will be getting BTC for low and selling high. Buy low and sell high some will say as if it's simple but the value changes rapidly. So a profit is not a sure thing. Also those who sell bitcoin have a heck of a premium, as sadly it's a high fraud area. I personally only mine or buy from exchange. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Amph on October 10, 2015, 07:14:49 AM Is it even possible to make a living by selling bitcoins? yes it is possible if you can sell 20 bitcoins per month but the question is how you can get them?why 20, 1 btc is 240, with 4 btc you can already have a decent life, if you can afford those every month 3 antminers s7 can do(almost) this if electricity is 0 The hard part is where are people getting these places with 0 electricity costs. I do not understand it as most landlords if it's included would not be happy if your bills had multi-hundred more then past tenets in electricity. Only places I have that did not measure were student housing. And they were pretty expensive really. Great housing but not cheap and not a lot of power to play around with. yeah, was an ideal scenario, but he can add two more antminer s7 to overcome the electricity cost, if it is around 0.05, otherwise better forget tohe mining and go with job--->exchange fiat to bitcoin Title: Re: How many bitcoins do you have to sell to make a living? Post by: Malin Keshar on October 10, 2015, 08:21:37 AM Yes it is possible, but of course you need to have the bitcoins first
(is this thread a "how to earn BTC thread" in disguise?) Title: Re: How many bitcoins do you have to sell to make a living? Post by: RealBitcoin on October 10, 2015, 12:12:39 PM Is it even possible to make a living by selling bitcoins? Depends on your regions prices. For me I would need 2 btc/month to have a decent life, however I cant earn that much online , so it will take more time to reach that level. Title: Re: How many bitcoins do you have to sell to make a living? Post by: jt byte on October 10, 2015, 02:36:06 PM Is it even possible to make a living by selling bitcoins? yes it is possible if you can sell 20 bitcoins per month but the question is how you can get them?why 20, 1 btc is 240, with 4 btc you can already have a decent life, if you can afford those every month 3 antminers s7 can do(almost) this if electricity is 0 What is the estimated earning of a antminer s7? More than 1BTC a month i think is good enough, since it cost more than 8BTC including the PSU. But in less than 10 months there will be a halving does it affect directly the mining earnings? Title: Re: How many bitcoins do you have to sell to make a living? Post by: virtualx on October 10, 2015, 02:59:07 PM Is it even possible to make a living by selling bitcoins? Yes, if you make enough btc online, but it's similar to running a business. You need an effective method to get that much bitcoins. Title: Re: How many bitcoins do you have to sell to make a living? Post by: gentlemand on October 10, 2015, 03:05:25 PM What is the estimated earning of a antminer s7? More than 1BTC a month i think is good enough, since it cost more than 8BTC including the PSU. But in less than 10 months there will be a halving does it affect directly the mining earnings? Yup you get half the coins. You can check a miner's potential profit here - http://www.coinwarz.com/calculators/bitcoin-mining-calculator I thought we were long past the phase it was considered viable for the little guy. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Ninjahitoko on October 10, 2015, 03:11:01 PM Well, I'm not talking about mining here.
Also how much can you make on localbitcoins? Because it has more traders and greater competition. Title: Re: How many bitcoins do you have to sell to make a living? Post by: jt byte on October 10, 2015, 08:09:04 PM What is the estimated earning of a antminer s7? More than 1BTC a month i think is good enough, since it cost more than 8BTC including the PSU. But in less than 10 months there will be a halving does it affect directly the mining earnings? Yup you get half the coins. You can check a miner's potential profit here - http://www.coinwarz.com/calculators/bitcoin-mining-calculator I thought we were long past the phase it was considered viable for the little guy. I calculated that if at the moment you can earn around 1.2BTC monthly -0.2BTC i speculate the electricity so 1BTC monthly. In 8 months you can reach the ROI if you mine 24/7, so until the next halving you can earn 2BTC + selling the antminer s7 as a bonus if you want to leave at that moment, so i can think that you can make a living if you own many of these miners and have a stable electricity. Title: Re: How many bitcoins do you have to sell to make a living? Post by: monbux on October 11, 2015, 02:25:22 AM What is the estimated earning of a antminer s7? More than 1BTC a month i think is good enough, since it cost more than 8BTC including the PSU. But in less than 10 months there will be a halving does it affect directly the mining earnings? Yup you get half the coins. You can check a miner's potential profit here - http://www.coinwarz.com/calculators/bitcoin-mining-calculator I thought we were long past the phase it was considered viable for the little guy. I calculated that if at the moment you can earn around 1.2BTC monthly -0.2BTC i speculate the electricity so 1BTC monthly. In 8 months you can reach the ROI if you mine 24/7, so until the next halving you can earn 2BTC + selling the antminer s7 as a bonus if you want to leave at that moment, so i can think that you can make a living if you own many of these miners and have a stable electricity. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Emerge on October 11, 2015, 02:32:27 AM In my country, you'd need to sell at least 1.5BTC a day to make a good enough living
ASSUMING you already have a house and pay around 3BTC per month for bills, 0.5BTC every day for food 0.3BTC for entertainment purposes, and maybe 1BTC a month for health insurance lol. So yeah, as long as you have a good long stream of Bitcoin, and a house here in the Philippines -- You can live here on Bitcoin Title: Re: How many bitcoins do you have to sell to make a living? Post by: Anmol_Verma on October 11, 2015, 03:04:35 AM I dont sell bitcoins to make living instead i buy bitcoins from my salary.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: BlackPanda on October 11, 2015, 03:09:29 AM I dont sell bitcoins to make living instead i buy bitcoins from my salary. and you sell Bitcoins for what? to get a better life instead. and bitcoin is not only to be saved ;DTitle: Re: How many bitcoins do you have to sell to make a living? Post by: xinzark on October 11, 2015, 10:14:25 AM Is it even possible to make a living by selling bitcoins? Yes it is if you are able to earn a decent amount of bitcoins a month For a middle - class family of size 4, BTC1 bitcoin might be enough to stay, live and eat And thats in my country. Can't tell about others Title: Re: How many bitcoins do you have to sell to make a living? Post by: pooya87 on October 11, 2015, 01:19:49 PM making a living from bitcoin, depends completely on you and what you are planning on doing in order to earn bitcoin. in other words it depends on the job you are doing!
for example if you are planning on working faucets, gambling, and other silly ways to earn bitcoin; then you should not expect to "earn a living" through that. but you can make good money through other ways like online computer jobs like coding, graphical design, etc and thing in that category or even trading can be profitable. Title: Re: How many bitcoins do you have to sell to make a living? Post by: elmar01 on October 11, 2015, 01:28:12 PM Is it even possible to make a living by selling bitcoins? It should be possible. How many BTC, it depends actually. First you need to consider the country that you're in, why? Because you need to know the demands of bitcoins in the area, the popularity (is it well known), and etc. Making a living thru bitcoin is a bit risky unless you have a service, goods, or currency exchange then I guess you're good to go. You need to keep the bitcoin flowing to make a living out of it. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Amph on October 11, 2015, 02:50:10 PM Is it even possible to make a living by selling bitcoins? yes it is possible if you can sell 20 bitcoins per month but the question is how you can get them?why 20, 1 btc is 240, with 4 btc you can already have a decent life, if you can afford those every month 3 antminers s7 can do(almost) this if electricity is 0 I would be very interested if you can show me where I can get 4BTC/month for literally free. Same goes for S7 and free electricity. well not free you need to invest your time at least, like in real life with your real job there are some guy around the word getting free electricity maybe abusively, but there are... And what if a new miner comes out before then that completely crushes the s7 in efficiency? What if your miners break? These are all possibilities you'll have to consider. A huge risr in difficulty making the mining calculations incorrect would not be unheard of. that's why you sell it halfway through its roi, which would be a mere 4-5 months, i highly doubt that something more efficient will come in a such short time frame... Title: Re: How many bitcoins do you have to sell to make a living? Post by: notlist3d on October 11, 2015, 07:33:05 PM Well, I'm not talking about mining here. Also how much can you make on localbitcoins? Because it has more traders and greater competition. The margin on Localbitcoins is about 5%-10%, so if you want to make $1000 per month, then you need to sell $10k - $20k worth of bitcoins per month. Depending on where you are, that might be difficult to do. Even if you can't make a living at it, you can do it as a hobby. I used to sell bitcoins on LocalBitcoins and it was fun meeting all those people getting Bitcoins for the first time. I generally met at Starbucks and the commission paid for my drink an sometimes for lunch. And the problem again is getting 10-20k worth of BTC. Legal exchanges following rules likely will stop account if doing this volume, they might ask questions or worse assume selling and lock account where no purchasing depending on exchange. So you really would have to find a VERY big miner and partner up. And likely you would have to cut him in on part of it as a big supplier who can do this is few and far between. And the sad thing is a few bad deals with a scammer could eat up a big chunk of the profit. When dealing with hundreds of dollars per BTC. It is risky to say the least. Title: Re: How many bitcoins do you have to sell to make a living? Post by: jt byte on October 11, 2015, 09:55:41 PM What is the estimated earning of a antminer s7? More than 1BTC a month i think is good enough, since it cost more than 8BTC including the PSU. But in less than 10 months there will be a halving does it affect directly the mining earnings? Yup you get half the coins. You can check a miner's potential profit here - http://www.coinwarz.com/calculators/bitcoin-mining-calculator I thought we were long past the phase it was considered viable for the little guy. I calculated that if at the moment you can earn around 1.2BTC monthly -0.2BTC i speculate the electricity so 1BTC monthly. In 8 months you can reach the ROI if you mine 24/7, so until the next halving you can earn 2BTC + selling the antminer s7 as a bonus if you want to leave at that moment, so i can think that you can make a living if you own many of these miners and have a stable electricity. The best case is that the ROI is within 8 months. But the worst case can be that the mining rig can be burned by the first day. Anyway I don't think that any amount of btc selling now will guarantee a good life in future. Title: Re: How many bitcoins do you have to sell to make a living? Post by: notlist3d on October 11, 2015, 11:15:11 PM What is the estimated earning of a antminer s7? More than 1BTC a month i think is good enough, since it cost more than 8BTC including the PSU. But in less than 10 months there will be a halving does it affect directly the mining earnings? Yup you get half the coins. You can check a miner's potential profit here - http://www.coinwarz.com/calculators/bitcoin-mining-calculator I thought we were long past the phase it was considered viable for the little guy. I calculated that if at the moment you can earn around 1.2BTC monthly -0.2BTC i speculate the electricity so 1BTC monthly. In 8 months you can reach the ROI if you mine 24/7, so until the next halving you can earn 2BTC + selling the antminer s7 as a bonus if you want to leave at that moment, so i can think that you can make a living if you own many of these miners and have a stable electricity. The best case is that the ROI is within 8 months. But the worst case can be that the mining rig can be burned by the first day. Anyway I don't think that any amount of btc selling now will guarantee a good life in future. For ROI use a calculator closer to bitwisdom - https://bitcoinwisdom.com/bitcoin/calculator. Coinwars is great for getting what it will do today. But in future there will be difficulty changes. So coinwars is only good in near future. When trying to do months down the road you need to include difficulty. Try it out I think you will like it. Title: Re: How many bitcoins do you have to sell to make a living? Post by: michietn94 on October 12, 2015, 06:47:45 AM Is it even possible to make a living by selling bitcoins? If you have enough bitcoin's value, you can make more than enough to living even survive with bitcoin I dont sell bitcoins to make living instead i buy bitcoins from my salary. Seems that you're investing into bitcoin. Just becareful that bitcoin's value still fragile Title: Re: How many bitcoins do you have to sell to make a living? Post by: bering on October 12, 2015, 05:25:53 PM Is it even possible to make a living by selling bitcoins? i think it really possible but the questions is how much bitcoin would you need to make a living Title: Re: How many bitcoins do you have to sell to make a living? Post by: RodeoX on October 12, 2015, 05:35:38 PM I live off of bitcoin, but I have never sold one. I don't get this question? It's like asking how many Euros do you need to sell to make a living.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: vendetahome on October 12, 2015, 07:31:06 PM it is possible to make a living by selling bitcoins if you have a lot of them for example if you win a huge lottery you can easily sell it all and live from those money for a few months for sure
Title: Re: How many bitcoins do you have to sell to make a living? Post by: notlist3d on October 12, 2015, 08:39:58 PM it is possible to make a living by selling bitcoins if you have a lot of them for example if you win a huge lottery you can easily sell it all and live from those money for a few months for sure Are you talking about mining solo "loto mining" or like a lottery ticcket? But you are right on lotto mining if that is what you mean. But only thing is it's a very slim chance of happening. Most lotto miners never hit a block. But if you did currently you would have 25 btc to sell and live off of. So nice little bump. The hardest thing is repeatable making a living off something. If it's a one time thing you cant really live off of. But it is HARD to find something high profit, and repeatable. If you do it though yes you likely could live off of. Title: Re: How many bitcoins do you have to sell to make a living? Post by: foxkyu on October 13, 2015, 06:09:58 PM Is it even possible to make a living by selling bitcoins? It is very possible. But you need a lot of bitcoin and you have to be trusted.Since still many people didn't know about bitcoin, you need more extra energy to explain what is bitcoin to other people. Title: Re: How many bitcoins do you have to sell to make a living? Post by: gon on October 14, 2015, 10:08:34 AM imo this is possible if you could earn few coins per month
Title: Re: How many bitcoins do you have to sell to make a living? Post by: Laosai on October 14, 2015, 12:30:31 PM Is it even possible to make a living by selling bitcoins? Actually its possible and I do believe there are some bitcoin people that do that! Right now as a student I do depend my weekly allowance on bitcoins and so far it's a big help. I'm also planning to make a living with bitcoins in the near future if I had enough bitcoins to start a business :D Title: Re: How many bitcoins do you have to sell to make a living? Post by: Amph on October 14, 2015, 12:35:25 PM it is possible to make a living by selling bitcoins if you have a lot of them for example if you win a huge lottery you can easily sell it all and live from those money for a few months for sure what's the point, to buy bitcoin with a winning lottery, just to sell them after? lol you're are already rich if that the case, OP is talking about starting from scratch and earning bitcoin directly i presume otherwise this thread make no sense Title: Re: How many bitcoins do you have to sell to make a living? Post by: designerusa on October 14, 2015, 12:49:51 PM I need ~500$ to live in a month. That's roughly 2BTC. I don't earn that much in a month so it's impossible for me to live based on only Bitcoin. I need to work.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: Kevin77 on October 17, 2015, 03:56:22 PM I need ~500$ to live in a month. That's roughly 2BTC. I don't earn that much in a month so it's impossible for me to live based on only Bitcoin. I need to work. In my current living style I may need to sell off 3 bitcoins to get $780 to $850 for a monthly living from bitcoin. But I'm not ready to spend bitcoin right now as I am a biggest optimistic on bitcoins' price appreciations. Title: Re: How many bitcoins do you have to sell to make a living? Post by: RealBitcoin on October 20, 2015, 05:50:15 AM If my dream comes true then 1 bitcoin will be enough for your entire life. If not then at least 100 :D
Look bitcoin will probably have a shiny future , its the saviour of humanity! Title: Re: How many bitcoins do you have to sell to make a living? Post by: CasioK on October 23, 2015, 03:53:45 AM If my dream comes true then 1 bitcoin will be enough for your entire life. If not then at least 100 :D Look bitcoin will probably have a shiny future , its the saviour of humanity! I also have the same dream. If the bitcoin price hit again it's peak price, I must need at least 1000 bitcoins to make a luxurious life. Half is enough for a decent life. But getting 1000 or 500 bitcoins is not possible now a days due to high difficulties and competition. Title: Re: How many bitcoins do you have to sell to make a living? Post by: RealBitcoin on October 23, 2015, 04:12:46 AM If my dream comes true then 1 bitcoin will be enough for your entire life. If not then at least 100 :D Look bitcoin will probably have a shiny future , its the saviour of humanity! I also have the same dream. If the bitcoin price hit again it's peak price, I must need at least 1000 bitcoins to make a luxurious life. Half is enough for a decent life. But getting 1000 or 500 bitcoins is not possible now a days due to high difficulties and competition. It is already going up, so i`m looking forward to hit 400-500$ by the end of the year, but anything is possible. Next summer when the halving happens, it could go to 10,000$ or even higher. Title: Re: How many bitcoins do you have to sell to make a living? Post by: pjsonowal on October 23, 2015, 04:56:03 AM Is it even possible to make a living by selling bitcoins? i need to sell around to 4.5 bitcoins every month to make a living with comfort and all...... :) Title: Re: How many bitcoins do you have to sell to make a living? Post by: notlist3d on October 23, 2015, 05:16:32 AM If my dream comes true then 1 bitcoin will be enough for your entire life. If not then at least 100 :D Look bitcoin will probably have a shiny future , its the saviour of humanity! I also have the same dream. If the bitcoin price hit again it's peak price, I must need at least 1000 bitcoins to make a luxurious life. Half is enough for a decent life. But getting 1000 or 500 bitcoins is not possible now a days due to high difficulties and competition. It is already going up, so i`m looking forward to hit 400-500$ by the end of the year, but anything is possible. Next summer when the halving happens, it could go to 10,000$ or even higher. Your very optimistic on having price. It's all speculation no one can tell you what will happen at having this far away. I mean it's a long time away in crytpo time. But to throw numbers like 10k.... I'm not expecting at having. We need to see btc price before having a few months to have any clue. And really having no one will know till we hit it. But I would not expect 10k per btc at having even at most optimistic pricing. Title: Re: How many bitcoins do you have to sell to make a living? Post by: RealBitcoin on October 23, 2015, 05:33:07 AM Your very optimistic on having price. It's all speculation no one can tell you what will happen at having this far away. I mean it's a long time away in crytpo time. But to throw numbers like 10k.... I'm not expecting at having. We need to see btc price before having a few months to have any clue. And really having no one will know till we hit it. But I would not expect 10k per btc at having even at most optimistic pricing. Well look there are many possibilities, some say it will go 0, some say it will stay 200$, then are conservatives like you who think it will go up but not to a huge price, and there are dreamers like me who think it will go to the moon. One thing is certain though, that if bitcoin is left on it's current path, it will have a big growth curve ahead of it, or in other words, the economy gets worse and bitcoin is a safe haven. We must realize that bitcoin is no longer a forum money for nerds, it is slowly becoming global, and once the traders realize that, it can go really big. Title: Re: How many bitcoins do you have to sell to make a living? Post by: CasioK on October 23, 2015, 05:39:19 AM Your very optimistic on having price. It's all speculation no one can tell you what will happen at having this far away. I mean it's a long time away in crytpo time. But to throw numbers like 10k.... I'm not expecting at having. We need to see btc price before having a few months to have any clue. And really having no one will know till we hit it. But I would not expect 10k per btc at having even at most optimistic pricing. Well look there are many possibilities, some say it will go 0, some say it will stay 200$, then are conservatives like you who think it will go up but not to a huge price, and there are dreamers like me who think it will go to the moon. One thing is certain though, that if bitcoin is left on it's current path, it will have a big growth curve ahead of it, or in other words, the economy gets worse and bitcoin is a safe haven. We must realize that bitcoin is no longer a forum money for nerds, it is slowly becoming global, and once the traders realize that, it can go really big. Bitcoin will never go below $200 even if go it will just test never will sustain below $200 levels. The present price may require more number of bitcoins for a living from it. But the most optimistic prices we never will be in need of one full bitcoin for a complete month expenses. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Amph on October 23, 2015, 07:10:44 AM Is it even possible to make a living by selling bitcoins? i need to sell around to 4.5 bitcoins every month to make a living with comfort and all...... :) if you're alone you could make a living with 400 euro per months, i know that i can do it easily, but with a family, it's something different in both case you need to save on useless stuff and buy only the essential, there however room for the fun, with your money Title: Re: How many bitcoins do you have to sell to make a living? Post by: Laosai on October 23, 2015, 11:44:46 AM If my dream comes true then 1 bitcoin will be enough for your entire life. If not then at least 100 :D Look bitcoin will probably have a shiny future , its the saviour of humanity! I also have the same dream. If the bitcoin price hit again it's peak price, I must need at least 1000 bitcoins to make a luxurious life. Half is enough for a decent life. But getting 1000 or 500 bitcoins is not possible now a days due to high difficulties and competition. It is already going up, so i`m looking forward to hit 400-500$ by the end of the year, but anything is possible. Next summer when the halving happens, it could go to 10,000$ or even higher. You're very optimistic man and I'd love that to happen ;D If that will happen, probably I will be a millionaire here on our country and that was one of my biggest dream :D then I will finally believe on the saying that " Dreams do come true" ;D Keep the faith on bitcoin! Title: Re: How many bitcoins do you have to sell to make a living? Post by: ronaldo40 on October 23, 2015, 12:01:27 PM Is it even possible to make a living by selling bitcoins? yes every week I always sell my bitcoin for living. possible for me to sell 0.1/week was enough, even though not too many but I try to economical ;D Title: Re: How many bitcoins do you have to sell to make a living? Post by: Nextgen on October 23, 2015, 12:09:20 PM Is it even possible to make a living by selling bitcoins? your question is pretty vague ,if you are generating passive income from crypto's per day or weekly or like if you are mining then it is fairly possible to sell and make a living from it .coming to the number of coins required,its not same for everyone ,depends on your country ,your living ,your desires etc... Title: Re: How many bitcoins do you have to sell to make a living? Post by: jt byte on October 23, 2015, 03:30:07 PM Is it even possible to make a living by selling bitcoins? yes every week I always sell my bitcoin for living. possible for me to sell 0.1/week was enough, even though not too many but I try to economical ;D Well it really depends on which country do you live, But 0.1BTC within a week isn't enough to live in most of the countries. In a real physical job this is reachable in 2-3 hours up to 2 days. Title: Re: How many bitcoins do you have to sell to make a living? Post by: dothebeats on October 23, 2015, 03:46:43 PM I can live with only $100 per month and I am still living with my parents. I don't even have to sell bitcoins unless I am gonna pay for my tuition. I can buy food and other goods at a friend of mine who accepts bitcoin as payment, so I'm better off holding it for the future instead.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: ricardobs on October 23, 2015, 05:38:12 PM For a monthly expenses I may need to sell 2 to 3 bitcoins....
Title: Re: How many bitcoins do you have to sell to make a living? Post by: jt byte on October 23, 2015, 05:41:58 PM For a monthly expenses I may need to sell 2 to 3 bitcoins.... It really depends on which country do you live, Personally i can live with a single bitcoin, But with the family at least 3-4 bitcoins are nesessary. Title: Re: How many bitcoins do you have to sell to make a living? Post by: katiecbell on October 23, 2015, 05:45:23 PM For a monthly expenses I may need to sell 2 to 3 bitcoins.... It really depends on which country do you live, Personally i can live with a single bitcoin, But with the family at least 3-4 bitcoins are nesessary. I too need some 2 to 3 coins for myself and my dependents...... Title: Re: How many bitcoins do you have to sell to make a living? Post by: katerniko1 on October 23, 2015, 06:34:53 PM i need about 1btc (for monthly uses ) but thats becuse i dont have to pay rent
Title: Re: How many bitcoins do you have to sell to make a living? Post by: Amph on October 24, 2015, 06:25:03 AM I can live with only $100 per month and I am still living with my parents. I don't even have to sell bitcoins unless I am gonna pay for my tuition. I can buy food and other goods at a friend of mine who accepts bitcoin as payment, so I'm better off holding it for the future instead. ah that's good, but the life there in philippine is also cheap if i'm not mistaken, so you can probably live with 200 if you were alone i can also live with a very small amount per month, around 400 euro, which is 1.6 btc Title: Re: How many bitcoins do you have to sell to make a living? Post by: ronaldo40 on October 24, 2015, 09:30:16 AM Is it even possible to make a living by selling bitcoins? yes every week I always sell my bitcoin for living. possible for me to sell 0.1/week was enough, even though not too many but I try to economical ;D Well it really depends on which country do you live, But 0.1BTC within a week isn't enough to live in most of the countries. In a real physical job this is reachable in 2-3 hours up to 2 days. yes you are right, it may be because the cost of living in Asia are cheaper. and especially I were not married, so I do not have responsibility for a matter of living Title: Re: How many bitcoins do you have to sell to make a living? Post by: Laosai on October 24, 2015, 11:11:53 AM i need about 1btc (for monthly uses ) but thats becuse i dont have to pay rent I'm also fine with 1 BTC (monthly) right now since I am living with my parents right now and as a student, I can manage to spend at least 0.1 BTC (equivalent to our local currency) a week so I can save up to 0.6 BTC a month :D But for a living alone 1 BTC is not enough, maybe at least 2-3 BTC is fine. But it still depend on someone's country. Title: Re: How many bitcoins do you have to sell to make a living? Post by: carodupuis on October 24, 2015, 03:04:45 PM For my life life time expenses I need some 500 bitcoins to set up a business for life... Then I can live rest of life....
Title: Re: How many bitcoins do you have to sell to make a living? Post by: fabrizoc on October 24, 2015, 05:41:07 PM I need some 3 for a month....
Title: Re: How many bitcoins do you have to sell to make a living? Post by: Gwapo on October 27, 2015, 06:16:26 AM Right now , I don't have any
just empty wallet 1Nf4zG7nCvHqCZAm1f5oui6kBpBp4fPq91 :( 5BTC a month is enough for me Title: Re: How many bitcoins do you have to sell to make a living? Post by: BitMaxz on October 27, 2015, 07:32:37 AM Is it even possible to make a living by selling bitcoins? yes it is possible if you can sell 20 bitcoins per month but the question is how you can get them?Then the second is become a owner of gambling site because gambling is most profitable business you can earn fast... Title: Re: How many bitcoins do you have to sell to make a living? Post by: jt byte on October 27, 2015, 02:11:39 PM I think that by selling 4-5BTC you can make a living for a month.
It really depends on which country you live but this is more than enough. I know people that live with only 1BTC monthly but depends on your needs. Title: Re: How many bitcoins do you have to sell to make a living? Post by: CasioK on October 29, 2015, 05:38:25 AM I think that by selling 4-5BTC you can make a living for a month. It really depends on which country you live but this is more than enough. I know people that live with only 1BTC monthly but depends on your needs. 4 or 5 bitcoins are more than enough for me for 2 month of living as being a bachelor no need to support any of my family members. I really follow bitcoin community, s per them selling is not recommended at this stage. So look for some other source for a living. Title: Re: How many bitcoins do you have to sell to make a living? Post by: TTMNewsMJ on December 21, 2015, 12:07:37 PM It all depends in your plan.
If you want a good living then try to sell 500 btc. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Tyrantt on December 21, 2015, 04:59:51 PM Everything you think of is possible, you just have to find a way to do it.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: Tyrantt on December 21, 2015, 05:08:21 PM I think that by selling 4-5BTC you can make a living for a month. It really depends on which country you live but this is more than enough. I know people that live with only 1BTC monthly but depends on your needs. 4 or 5 bitcoins are more than enough for me for 2 month of living as being a bachelor no need to support any of my family members. I really follow bitcoin community, s per them selling is not recommended at this stage. So look for some other source for a living. Well an average salary is around 400e in Serbia, so you could live quite nice with 2btc per month Title: Re: How many bitcoins do you have to sell to make a living? Post by: BruceLee007 on December 21, 2015, 06:47:06 PM well i dont have a lot of bitcoins right now to be honest selling it all wouldnt guarantee me that i would never have to work anymore in my opinion i would have to make at least 2 million dollars to make a living for my whole life what means i would need something like 5 thousand bitcoins
Title: Re: How many bitcoins do you have to sell to make a living? Post by: Nalof on December 22, 2015, 12:50:19 AM Yes, but you have to earn them first
Title: Re: How many bitcoins do you have to sell to make a living? Post by: Amph on December 22, 2015, 07:55:07 AM It all depends in your plan. If you want a good living then try to sell 500 btc. 1 btc per month, can sustain a living for the majority in this world, for some it's even too much i know that i cna live with 1 btc a month at current value, maybe slightly higher, around 450-500 Title: Re: How many bitcoins do you have to sell to make a living? Post by: extrabyte on December 22, 2015, 08:01:15 AM Why not possible? I think it is possible but you should be a good trader, which means analyzing and speculating a bit based on your skills and research because not every trader earns from trading bitcoin.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: relq on December 22, 2015, 09:13:05 AM i'm not sell any bitcoin for living. because i always lose it all by gambling and betting, that's why i always never sell bitcoin for my living.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: xuan87 on December 22, 2015, 11:04:31 AM I think you need at least 2 bitcoin for 1 month living in my countries
but I dont think I can possible reach that number for now, so i just assume bitcoin as my passive income fornow Title: Re: How many bitcoins do you have to sell to make a living? Post by: gkv9 on December 22, 2015, 01:41:50 PM To make a living through Bitcoins, you need to get Bitcoins based on your country...
In my country, even 1 BTC would easily make you live a month or two, based on which city you live in... We really can't assume the exact number as we are unaware of the expenses, but if you know your expenses and everything, then I guess you already know your answer, just convert the bucks to BTC... ;) Title: Re: How many bitcoins do you have to sell to make a living? Post by: fravia on December 22, 2015, 04:36:53 PM well in my opinion you would need a lot right now as the bitcoin isnt that high right now i believe it would require about ten thousand bitcoins for that though after a few years i think it wouldnt need a lot of coins it depends on how expensive it will be at that time
Title: Re: How many bitcoins do you have to sell to make a living? Post by: notlist3d on December 22, 2015, 05:10:13 PM well in my opinion you would need a lot right now as the bitcoin isnt that high right now i believe it would require about ten thousand bitcoins for that though after a few years i think it wouldnt need a lot of coins it depends on how expensive it will be at that time It's 430+ USD on value... that is a decent amount per coin. I don't think ten thousand is a realistic number unless you are use to a very privileged life. I think you need to do some math again. I'm not sure but most could live under this I think. Unless your talking retirement amount to live off and no other income. Title: Re: How many bitcoins do you have to sell to make a living? Post by: safari88 on December 22, 2015, 06:05:18 PM Is it even possible to make a living by selling bitcoins? yes of course, bitcoin has become my a living about 1-2 years. enough for my life to sell bitcoin about 0.5-1BTC/month Title: Re: How many bitcoins do you have to sell to make a living? Post by: crazyivan on December 22, 2015, 07:04:57 PM It s not about selling BTC, it s about making BTC. I guess I d have to make about 5-6 BTC per month to have a comfortable living.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: Ziskinberg on December 22, 2015, 08:04:18 PM It s not about selling BTC, it s about making BTC. I guess I d have to make about 5-6 BTC per month to have a comfortable living. 5-6 bitcoin is around $2400. That is more than comfortable to live in most countries. With the price of bitcoin price, you need fewer and fewer bitcoins to live comfortably. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Amph on December 23, 2015, 08:32:10 AM It s not about selling BTC, it s about making BTC. I guess I d have to make about 5-6 BTC per month to have a comfortable living. 5-6 bitcoin is around $2400. That is more than comfortable to live in most countries. With the price of bitcoin price, you need fewer and fewer bitcoins to live comfortably. in some countries they cna even live with 100 per months, so 1/4 of a bitcoin can suffice also taking into account the possible next increase, 5-6 bitcoin is definitely overkill Title: Re: How many bitcoins do you have to sell to make a living? Post by: defaultking on December 23, 2015, 04:24:14 PM With the volatility of bitcoin I don't know if I would want to try and live off selling bitcoin. Only way of feel comfortable is if I had a secure way to invest bitcoin and just live off the interest. Either that it as others have talked about mining so I had a semi consistent way of bringing bitcoin in. As others have mentioned to living off of selling bitcoin, it depends on where you live and what you're comfortable living off of.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: CoinBoerse.com on December 23, 2015, 07:00:09 PM When I lived in myrtle beach I had to make atleast 7 bitcoins to survive for the month. It all depends on the area and the cost of living.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: extrabyte on December 23, 2015, 07:18:35 PM When I lived in myrtle beach I had to make atleast 7 bitcoins to survive for the month. It all depends on the area and the cost of living. It depends on what time you lived there because the bitcoin price has changed very much recently, there are many countries that you make a living with only a single bitcoin per month.Title: Re: How many bitcoins do you have to sell to make a living? Post by: btcdevil on December 23, 2015, 09:44:20 PM It all depends on the place where you are living , where i am living 1 BTC is more than enough for living comfort life with family consist of husband , wife and a child, because the conversion to my country fiat currency is high in dollar converting.
so 1 BTC is good enough to lead a healthy life for a family. for individual 0.6 BTC - this i am telling to current price of BTC $450 Title: Re: How many bitcoins do you have to sell to make a living? Post by: bakingbad on December 23, 2015, 09:56:43 PM for me it would be a huge amount something like 10000 bitcoins
Title: Re: How many bitcoins do you have to sell to make a living? Post by: ironbit on December 23, 2015, 10:13:16 PM Yes, you need to get at least 8-10 Bitcoins a months (if you live in a developed country, much less if you are not). This is not impossible if you have some unqiue skills you could offer or if you are working hard. By selling them, you could make a good living.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: hasiramasenju on December 25, 2015, 03:18:23 PM yes it is possible but you will need a lot of bitcoin for that and the problem is how long it took do you need to collect bitcoin even though with the current price but i think it would takes a long time to make living from sell bitcoin
Title: Re: How many bitcoins do you have to sell to make a living? Post by: foxbitcoin on December 25, 2015, 03:28:11 PM At the current price, 1 BTC is enough to sustain my family! The problem is that we are still receiving fiat wages not BTC! Besides that, bitcoin's price is too volatile. We don' use Bitcoin to measure our living standard.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: notlist3d on December 25, 2015, 08:40:17 PM At the current price, 1 BTC is enough to sustain my family! The problem is that we are still receiving fiat wages not BTC! Besides that, bitcoin's price is too volatile. We don' use Bitcoin to measure our living standard. 1 BTC for a month? Or how long of duration? If it is a month what country are you in? I would love for 1 to hold me for a month. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Nauro on December 25, 2015, 09:19:57 PM in my country if someone has 25 btc he can live his whole life with interest from it :P
Title: Re: How many bitcoins do you have to sell to make a living? Post by: RealBitcoin on December 28, 2015, 04:55:56 AM 1 BTC/month for me would be enough to make a living with modest conditions.
I hope i can do it fulltime very soon. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Cyaren on December 28, 2015, 08:32:21 AM I would say around BTC2 BTC a month would be good for living for me.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: bikoBoy on December 28, 2015, 11:25:36 AM If you earn allot of BTC from different sources then you can I suppose. I would say it depend on where you live, in my area 1 BTC would be more than enough monthly.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: makingwin1 on December 28, 2015, 11:56:02 AM i dont think its possible to make a living out of selling bitcoins
Title: Re: How many bitcoins do you have to sell to make a living? Post by: Supercrypt on December 30, 2015, 07:11:25 AM I would say around BTC2 BTC a month would be good for living for me. Yes for me, to make a living of myself for one month, I just need 2 bitcoins. Because some money around $900 would be more than enough to make a living comfortably. But I do not want to sell my bitcoin now itself. Because I believe in bitcoin's future. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Amph on December 30, 2015, 08:36:29 AM I would say around BTC2 BTC a month would be good for living for me. that is the average for the normal stand of living for basically many in this world, it will be good in my situation too but fi you have a family the thing change, you need double of that, unless your wife have a regular job Title: Re: How many bitcoins do you have to sell to make a living? Post by: gkv9 on December 30, 2015, 04:20:46 PM I would say around BTC2 BTC a month would be good for living for me. In a country like mine, I would say that I can live upon BTC0.4 - 0.5 easily a month, so if I could get what you are getting, that would be 4 - 5 months easily spent... :) Title: Re: How many bitcoins do you have to sell to make a living? Post by: sakira on December 30, 2015, 06:37:14 PM every months at least I sell 1-2BTC to my life. but 1BTC highly enough for me because I was not married :D
Title: Re: How many bitcoins do you have to sell to make a living? Post by: takingthis4 on December 30, 2015, 06:47:43 PM it would be a vast amount of bitcoin when the price is so low i think it would be like more than a thousand
Title: Re: How many bitcoins do you have to sell to make a living? Post by: SmartIphone on December 30, 2015, 06:53:50 PM every months at least I sell 1-2BTC to my life. but 1BTC highly enough for me because I was not married :D For unmarried people it does not require lots of money to live.Especially if you still live with your family, in general i would say 1-1.5BTC is enough for food and other basic things. Title: Re: How many bitcoins do you have to sell to make a living? Post by: shanerc563 on December 31, 2015, 09:54:31 PM It all depends on what you consider a living and what Bitcoin is at when it comes to price. Right now, I need to make 12 BTC per month to make a living and this does not take into consideration any emergency issues that may come up. My mother could live off of 4 BTC per month. So it all depends on what goals you have set for yourself.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: notlist3d on December 31, 2015, 10:36:55 PM It all depends on what you consider a living and what Bitcoin is at when it comes to price. Right now, I need to make 12 BTC per month to make a living and this does not take into consideration any emergency issues that may come up. My mother could live off of 4 BTC per month. So it all depends on what goals you have set for yourself. It is a good point on what you consider living. Some are talking about living well and some just enough to get though the month. I think amount should be to live decent, I'm not talking about being super well off. But something where they have a little for some extras in life. I find country interesting on how much some of it can effect it. If you could live on sub .5 BTC per month I wonder quality of life on some of the countries. I would love to hear more in this area out of interest. Title: Re: How many bitcoins do you have to sell to make a living? Post by: QuintLeo on January 01, 2016, 09:52:11 AM Is it even possible to make a living by selling bitcoins? i think it really possible but the questions is how much bitcoin would you need to make a living Depends a lot on what you define as "a living". Some folks live comfortably on under $1000/month, some seem to think they "NEED" $5000+ to live on. "decent" is a variable concept and the cost of "decent" varies widely depending largely on where you live. "decent" in most of Iowa is easy to achieve on $2000/month, but in Manhattan you're probably paying more than that in rent alone for a "decent" place. Title: Re: How many bitcoins do you have to sell to make a living? Post by: shido on January 01, 2016, 11:14:42 AM Is it even possible to make a living by selling bitcoins? i think it really possible but the questions is how much bitcoin would you need to make a living Depends a lot on what you define as "a living". Some folks live comfortably on under $1000/month, some seem to think they "NEED" $5000+ to live on. "decent" is a variable concept and the cost of "decent" varies widely depending largely on where you live. "decent" in most of Iowa is easy to achieve on $2000/month, but in Manhattan you're probably paying more than that in rent alone for a "decent" place. True. It's a very subjective matter and it's deeply connected with the standard of living and culture of the place when you live. It's useful to take the time and compute the amount of money needed to satisfy the basic necessitates of life, the amount needed for living decently and amount needed to living luxuriously according to your own needs. Those will vary from person to person. For me basics can be covered with 800$/month so approx 2 bitcoins decently would be 1200$/month approx 3 bitcoins and double that for luxuries - 6 bitcoins Title: Re: How many bitcoins do you have to sell to make a living? Post by: sakira on January 01, 2016, 12:26:08 PM every months at least I sell 1-2BTC to my life. but 1BTC highly enough for me because I was not married :D For unmarried people it does not require lots of money to live.Especially if you still live with your family, in general i would say 1-1.5BTC is enough for food and other basic things. yes 1-1.5BTC highly enough for the necessities of life if I was married, because the cost of living in my country is not too high. Title: Re: How many bitcoins do you have to sell to make a living? Post by: SmartIphone on January 01, 2016, 03:01:01 PM every months at least I sell 1-2BTC to my life. but 1BTC highly enough for me because I was not married :D For unmarried people it does not require lots of money to live.Especially if you still live with your family, in general i would say 1-1.5BTC is enough for food and other basic things. yes 1-1.5BTC highly enough for the necessities of life if I was married, because the cost of living in my country is not too high. Bitcoin price is increasing and the amount to live is going to be less every time :P Title: Re: How many bitcoins do you have to sell to make a living? Post by: Amph on January 01, 2016, 03:38:47 PM Is it even possible to make a living by selling bitcoins? i think it really possible but the questions is how much bitcoin would you need to make a living Depends a lot on what you define as "a living". Some folks live comfortably on under $1000/month, some seem to think they "NEED" $5000+ to live on. "decent" is a variable concept and the cost of "decent" varies widely depending largely on where you live. "decent" in most of Iowa is easy to achieve on $2000/month, but in Manhattan you're probably paying more than that in rent alone for a "decent" place. the average is actually less than 1k per month, if you include every country, so it must be considered that as a standard, surely not 5k per month, which is overkill so this mean that 2.5 btc at best for anyone should suffice Title: Re: How many bitcoins do you have to sell to make a living? Post by: westseat on January 01, 2016, 08:22:33 PM I do not have to sell bitcoin to make a living. My living cost is about $3000 per month, so that is about 7 bitcoins.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: knightkon on January 01, 2016, 09:04:55 PM It all depends on what you consider a living and what Bitcoin is at when it comes to price. Right now, I need to make 12 BTC per month to make a living and this does not take into consideration any emergency issues that may come up. My mother could live off of 4 BTC per month. So it all depends on what goals you have set for yourself. It is a good point on what you consider living. Some are talking about living well and some just enough to get though the month. I think amount should be to live decent, I'm not talking about being super well off. But something where they have a little for some extras in life. I find country interesting on how much some of it can effect it. If you could live on sub .5 BTC per month I wonder quality of life on some of the countries. I would love to hear more in this area out of interest. Title: Re: How many bitcoins do you have to sell to make a living? Post by: to64time on January 01, 2016, 10:50:14 PM Crazy to think ppl make a living off bitcoin. Has to be pretty stressful during crashes
Title: Re: How many bitcoins do you have to sell to make a living? Post by: planetroving on January 02, 2016, 05:35:04 AM It is possible for you to live off Bitcoin. How many Bitcoins you'd have to sell depends on your lifestyle. The problem is how you earn all those Bitcoin to be able to live off Bitcoin. If you mine, you'd earn less and less. If you live off Bitcoin completely, you'd worry about a multitude of things, and it would drive you nuts. If somebody was to do that, I would say 10 BTC as a bare minimum per month.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: RealBitcoin on January 02, 2016, 07:35:07 AM Crazy to think ppl make a living off bitcoin. Has to be pretty stressful during crashes What about people who bought millions of $ at 1000$ and were down to 200$ later. They lost 80% of their money and still havent sold bitcoin, that is the real stress. Now they recovered +20% of it at 400$ Title: Re: How many bitcoins do you have to sell to make a living? Post by: sakira on January 02, 2016, 07:59:19 AM every months at least I sell 1-2BTC to my life. but 1BTC highly enough for me because I was not married :D For unmarried people it does not require lots of money to live.Especially if you still live with your family, in general i would say 1-1.5BTC is enough for food and other basic things. yes 1-1.5BTC highly enough for the necessities of life if I was married, because the cost of living in my country is not too high. Bitcoin price is increasing and the amount to live is going to be less every time :P Title: Re: How many bitcoins do you have to sell to make a living? Post by: SmartIphone on January 02, 2016, 11:33:09 AM every months at least I sell 1-2BTC to my life. but 1BTC highly enough for me because I was not married :D For unmarried people it does not require lots of money to live.Especially if you still live with your family, in general i would say 1-1.5BTC is enough for food and other basic things. yes 1-1.5BTC highly enough for the necessities of life if I was married, because the cost of living in my country is not too high. Bitcoin price is increasing and the amount to live is going to be less every time :P I want to see the time when we should need 0.xBTC to live, which means a higher value of bitcoin. Title: Re: How many bitcoins do you have to sell to make a living? Post by: westseat on January 15, 2016, 02:11:43 PM Crazy to think ppl make a living off bitcoin. Has to be pretty stressful during crashes What about people who bought millions of $ at 1000$ and were down to 200$ later. They lost 80% of their money and still havent sold bitcoin, that is the real stress. Now they recovered +20% of it at 400$ The price is volatile. It has big changes all the time. Maybe in 10 year, when we look back, we will think that we should have bought a lot in 2016. Title: Re: How many bitcoins do you have to sell to make a living? Post by: romero121 on January 15, 2016, 07:48:07 PM Crazy to think ppl make a living off bitcoin. Has to be pretty stressful during crashes What about people who bought millions of $ at 1000$ and were down to 200$ later. They lost 80% of their money and still havent sold bitcoin, that is the real stress. Now they recovered +20% of it at 400$ The price is volatile. It has big changes all the time. Maybe in 10 year, when we look back, we will think that we should have bought a lot in 2016. Title: Re: How many bitcoins do you have to sell to make a living? Post by: BitGlory on January 16, 2016, 01:01:42 PM of course you can make a living off Bitcoin, plenty of crypto entrepreneurs out there
Title: Re: How many bitcoins do you have to sell to make a living? Post by: JITENDERPAR2 on January 16, 2016, 11:27:24 PM nothing now..
because i have started recently. Title: Re: How many bitcoins do you have to sell to make a living? Post by: westseat on January 29, 2016, 09:49:51 AM of course you can make a living off Bitcoin, plenty of crypto entrepreneurs out there Unfortunately, most of them are scams. If you buy the altcoin the first day they enter the exchange. You will lose most of your money. Title: Re: How many bitcoins do you have to sell to make a living? Post by: romero121 on January 29, 2016, 11:05:27 AM To have a good living atleast you need one bitcoin to be sold every month. If the price goes high or low accordingly you can change the numbers without much calculations
Title: Re: How many bitcoins do you have to sell to make a living? Post by: Opekin on January 29, 2016, 01:45:57 PM To have a good living atleast you need one bitcoin to be sold every month. If the price goes high or low accordingly you can change the numbers without much calculations It depends on the price of bitcoin. The more expensive it is, the fewer bitcoin we have to sell. Title: Re: How many bitcoins do you have to sell to make a living? Post by: bctmke on January 29, 2016, 03:00:10 PM Sooo many factors
Cost of living How much BTC do you have How are you going to keep the BTC supply going Do you want to improve your lifestyle Are you willing to cut your lifestyle back and so on The answer would be different for each and every one of us Title: Re: How many bitcoins do you have to sell to make a living? Post by: safari88 on January 29, 2016, 03:07:16 PM I usually sell 1BTC every month to meet the needs of my life. This very enough, because I am still single :)
Title: Re: How many bitcoins do you have to sell to make a living? Post by: Snorek on January 30, 2016, 12:06:09 AM I usually sell 1BTC every month to meet the needs of my life. This very enough, because I am still single :) The more important fact is your whereabouts. In some countries 1BTC is a LOT of money but rich EU countries or USA it is not that much.I think this question needs to be answered individually by every person who wants to trade bitcoin/cryptocurrencies. And of course you can live from it, I know people who are earning that way, but that is not your standard office job, more like a gambling - but with potentially lower risks. Title: Re: How many bitcoins do you have to sell to make a living? Post by: BitHodler on January 30, 2016, 12:45:37 AM None. I am hodling my coins and not selling anything.
Later when the price goes moon I will probably start to come closer. Title: Re: How many bitcoins do you have to sell to make a living? Post by: safari88 on January 30, 2016, 07:23:13 AM I usually sell 1BTC every month to meet the needs of my life. This very enough, because I am still single :) The more important fact is your whereabouts. In some countries 1BTC is a LOT of money but rich EU countries or USA it is not that much.I think this question needs to be answered individually by every person who wants to trade bitcoin/cryptocurrencies. And of course you can live from it, I know people who are earning that way, but that is not your standard office job, more like a gambling - but with potentially lower risks. Title: Re: How many bitcoins do you have to sell to make a living? Post by: gkv9 on January 30, 2016, 07:33:14 AM I usually sell 1BTC every month to meet the needs of my life. This very enough, because I am still single :) The more important fact is your whereabouts. In some countries 1BTC is a LOT of money but rich EU countries or USA it is not that much.I think this question needs to be answered individually by every person who wants to trade bitcoin/cryptocurrencies. And of course you can live from it, I know people who are earning that way, but that is not your standard office job, more like a gambling - but with potentially lower risks. You are right, I live in India and it's very easy to survive if I spend BTC1 a month everytime... But sometimes, inflation increases a lot due to which it is not possible to decide that what amount do we actually need in order to live on BTC... Title: Re: How many bitcoins do you have to sell to make a living? Post by: safari88 on January 30, 2016, 09:59:07 AM I usually sell 1BTC every month to meet the needs of my life. This very enough, because I am still single :) The more important fact is your whereabouts. In some countries 1BTC is a LOT of money but rich EU countries or USA it is not that much.I think this question needs to be answered individually by every person who wants to trade bitcoin/cryptocurrencies. And of course you can live from it, I know people who are earning that way, but that is not your standard office job, more like a gambling - but with potentially lower risks. You are right, I live in India and it's very easy to survive if I spend BTC1 a month everytime... But sometimes, inflation increases a lot due to which it is not possible to decide that what amount do we actually need in order to live on BTC... Title: Re: How many bitcoins do you have to sell to make a living? Post by: Decoded on January 30, 2016, 10:49:53 AM I have a friend who trades alot. He usually day trades socks and shares, but recently he's gotten into bitcoin. Maybe he's noticed the bitcoin price fluctuating from 380-420 every few days here :)
If he makes a living, im it's possible. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Herbert2020 on January 30, 2016, 10:50:14 AM I usually sell 1BTC every month to meet the needs of my life. This very enough, because I am still single :) The more important fact is your whereabouts. In some countries 1BTC is a LOT of money but rich EU countries or USA it is not that much.I think this question needs to be answered individually by every person who wants to trade bitcoin/cryptocurrencies. And of course you can live from it, I know people who are earning that way, but that is not your standard office job, more like a gambling - but with potentially lower risks. You are right, I live in India and it's very easy to survive if I spend BTC1 a month everytime... But sometimes, inflation increases a lot due to which it is not possible to decide that what amount do we actually need in order to live on BTC... it depends on where you live and how much is the cost of life in that place. in some big cities of some countries 1BTC/month is not enough for living no matter if you manage it smart or not. add to that factors like mortgage payment or student loans,... then even 2BTC is not going to be enough. Title: Re: How many bitcoins do you have to sell to make a living? Post by: eon89 on January 30, 2016, 08:13:49 PM Well if you don't have debt to the bank or other loans and payments and live frugally 1 BTC can be quite enough. And 2 BTC would be a nice living.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: gkv9 on January 30, 2016, 09:38:31 PM I usually sell 1BTC every month to meet the needs of my life. This very enough, because I am still single :) The more important fact is your whereabouts. In some countries 1BTC is a LOT of money but rich EU countries or USA it is not that much.I think this question needs to be answered individually by every person who wants to trade bitcoin/cryptocurrencies. And of course you can live from it, I know people who are earning that way, but that is not your standard office job, more like a gambling - but with potentially lower risks. You are right, I live in India and it's very easy to survive if I spend BTC1 a month everytime... But sometimes, inflation increases a lot due to which it is not possible to decide that what amount do we actually need in order to live on BTC... Yeah true, but after getting married, we need some more coins, not 1 full, but at least 0.5 BTC more in order to survive as if we get children in our life... And yes, money management is obviously the most important step that we need to take care of if we are to live on Bitcoins alone, as the value of BTC is a factor based on which we will be managing our fiat and expenses... Title: Re: How many bitcoins do you have to sell to make a living? Post by: --Encrypted-- on January 30, 2016, 10:16:42 PM most of the time I don't need to sell bitcoin to make a living. only for paying some things like phone bills and such.
I have a friend who trades alot. He usually day trades socks and shares, but recently he's gotten into bitcoin. your friend trade socks? ookaaay... :P Title: Re: How many bitcoins do you have to sell to make a living? Post by: 2legit2 on January 30, 2016, 10:26:11 PM i think i would need to sell a couple of hundreds to be rich and be able to live my life only from bitcoin
Title: Re: How many bitcoins do you have to sell to make a living? Post by: Za1n on January 31, 2016, 12:37:40 AM I usually sell 1BTC every month to meet the needs of my life. This very enough, because I am still single :) The more important fact is your whereabouts. In some countries 1BTC is a LOT of money but rich EU countries or USA it is not that much.I think this question needs to be answered individually by every person who wants to trade bitcoin/cryptocurrencies. And of course you can live from it, I know people who are earning that way, but that is not your standard office job, more like a gambling - but with potentially lower risks. You are right, I live in India and it's very easy to survive if I spend BTC1 a month everytime... But sometimes, inflation increases a lot due to which it is not possible to decide that what amount do we actually need in order to live on BTC... it depends on where you live and how much is the cost of life in that place. in some big cities of some countries 1BTC/month is not enough for living no matter if you manage it smart or not. add to that factors like mortgage payment or student loans,... then even 2BTC is not going to be enough. This is it exactly, there is no one right answer as there are way too many variables. To answer for you specifically you just figure what you need to live on in your local currency for 1 month, then divide that amount by price (in your currency)/1 btc and you will have the number for BTCs a month you need to live. Of course this will probably vary month by month as the price of btc fluctuates a lot. BTC is still too new and volatile in price right now to be a reliable means of living off. Even if you managed to secure a steady 2 BTC a month income, and further assuming that was enough in your region to live off of, what happens if the price of BTC drops in half? Sadly, BTC is still very much tied to its value it fiat, so at the end of the day even if you are buying things in btc, it is still priced based upon its relative value in fiat. A 0.01 BTC Starbucks today might sell for 0.02 BTC tomorrow and 0.05 BTC next month. Title: Re: How many bitcoins do you have to sell to make a living? Post by: pocarime32 on January 31, 2016, 01:05:44 AM I need to earn 0.2 bitcoin each week for make a living my life. but nowdays it's hard because i feel lazy and the price of bitcoin keep decrease. and that makes me lazy to do it. if the price back up to $450 it will be good.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: avw1982 on January 31, 2016, 08:56:08 AM I need to earn 0.2 bitcoin each week for make a living my life. but nowdays it's hard because i feel lazy and the price of bitcoin keep decrease. and that makes me lazy to do it. if the price back up to $450 it will be good. I am doing my day work as well along with bitcoin works. If I completely depend on bitcoin means according to my city conditions I need 1 btc per month for me to run my family. Title: Re: How many bitcoins do you have to sell to make a living? Post by: adam48 on January 31, 2016, 09:36:05 AM 0.1BTC/week enough for me. because I was young and unmarried. and try to live a simple, though young I never spend money to have fun
Title: Re: How many bitcoins do you have to sell to make a living? Post by: relq on February 01, 2016, 11:28:40 AM I think i need at least 0.1-0.2 bitcoin/week to make a living. but since the bitcoin price keep going down, i think i will need more bitcoin for living.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: JasonXG on February 29, 2016, 07:05:42 PM For someone who is a full member thats a really really stupid question. How did u even become a full member ?
Title: Re: How many bitcoins do you have to sell to make a living? Post by: EdenHazard on March 01, 2016, 04:33:20 PM Is it even possible to make a living by selling bitcoins? i believe it is quite possible, if I have a very good miner, and accustomed to mining bitcoin, I'm sure I could live with selling bitcoins daily.Title: Re: How many bitcoins do you have to sell to make a living? Post by: bebeko on March 01, 2016, 06:12:58 PM I think i need at least 0.1-0.2 bitcoin/week to make a living. but since the bitcoin price keep going down, i think i will need more bitcoin for living. I think it is sufficient if you are only single, how about if you are married and if you have a baby? Title: Re: How many bitcoins do you have to sell to make a living? Post by: greBit on March 01, 2016, 08:28:40 PM Is it even possible to make a living by selling bitcoins? i believe it is quite possible, if I have a very good miner, and accustomed to mining bitcoin, I'm sure I could live with selling bitcoins daily.Yes but mining is not a easy job and the machine itself consumes hell lot of electricity and you will invest your time as well but yes we can make living out of selling bitcoin but i don't have exact number how many btc do we require because it depends on the value of bitcoin during that particular time Title: Re: How many bitcoins do you have to sell to make a living? Post by: Reynaldo on March 01, 2016, 08:37:50 PM What's the budget you aim for? For example if you charge 7% fees over market price, and you want 2,000 USD dollars monthly to survive and do w/e you want, you would have to sell
(2000*1)/0.07=28,571.43 usd that would be 66.29 bitcoin at current bitstamp rate of 431 USD, that would leave you with 2,000 USD monthly. Title: Re: How many bitcoins do you have to sell to make a living? Post by: teddy5145 on March 02, 2016, 02:29:51 AM I think i need at least 0.1-0.2 bitcoin/week to make a living. but since the bitcoin price keep going down, i think i will need more bitcoin for living. I think it is sufficient if you are only single, how about if you are married and if you have a baby? For someone who is a full member thats a really really stupid question. How did u even become a full member ? There's nothing wrong in asking questions, freedom of speech :PTitle: Re: How many bitcoins do you have to sell to make a living? Post by: zaph3t on March 03, 2016, 05:23:41 AM I dont think you can make a living with Bitcoin for now unless you have services running with Bitcoin Payments as an option.
Right now mining Bitcoin is not that profitable and also you will have to spend a lot of money for Higher Hardware miner. Title: Re: How many bitcoins do you have to sell to make a living? Post by: ramesh770 on March 03, 2016, 06:16:24 AM If i get 100 btc i will convert it to my fiat currency and just settle in my life , because conversion of bitcoin to my county fiat currency is high and that is enough for me to leave my life normal with my family.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: Amph on March 03, 2016, 07:09:30 AM If i get 100 btc i will convert it to my fiat currency and just settle in my life , because conversion of bitcoin to my county fiat currency is high and that is enough for me to leave my life normal with my family. worst decision ever to convert everything, you can convert a tiny portion just for the stuff that you cna not buy with bitcoin with something like all4btc you can buy everythign with bitcoin, so why wasting time converting in fiat? not to mention the possible and very probable increase in the value in the future Title: Re: How many bitcoins do you have to sell to make a living? Post by: mettalmag on March 03, 2016, 09:10:01 AM for living 1 btc every month in my Country is quite enough. 400 $ = 988 GEL when the average salary is 250-300 GEL
Title: Re: How many bitcoins do you have to sell to make a living? Post by: john2231 on March 03, 2016, 10:03:01 AM for living 1 btc every month in my Country is quite enough. 400 $ = 988 GEL when the average salary is 250-300 GEL Yeah 1 btc to me is too much to living maybe i can live even 0.7 btc here in my country..if i can earn much of this 0.7 every month maybe i will quit in my real job and i continue collecting bitcoins.. But for now i only have low earnings every month.. Title: Re: How many bitcoins do you have to sell to make a living? Post by: mettalmag on March 03, 2016, 10:16:44 AM for living 1 btc every month in my Country is quite enough. 400 $ = 988 GEL when the average salary is 250-300 GEL Yeah 1 btc to me is too much to living maybe i can live even 0.7 btc here in my country..if i can earn much of this 0.7 every month maybe i will quit in my real job and i continue collecting bitcoins.. But for now i only have low earnings every month.. Title: Re: How many bitcoins do you have to sell to make a living? Post by: hubballi on March 03, 2016, 10:43:17 AM I need 250 btc to make my family living a normal life because i have a big family and converting 250 btc into my fiat currency at the price of $500 will be like my dream comes true.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: zerowing on March 03, 2016, 10:55:59 AM It depends on where you live. For me I would need 4 - 5 btc/month to live small
Title: Re: How many bitcoins do you have to sell to make a living? Post by: Mr. Big on March 04, 2016, 04:55:12 AM It depends on where you live. For me I would need 4 - 5 btc/month to live small Wow!! that's true, depending on where we live, living in where I live and having an income as big as 4-5 bitcoin a month would make me live with the lifestyle of the rich and famous.. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Masterredditor on March 04, 2016, 06:03:14 AM Probably around 10-15 a year.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: Kakmakr on March 04, 2016, 07:02:19 AM It will differ from country to country, but here is a list of minimum wages by country : https://en.wikipedia.org/wiki/List_of_minimum_wages_by_country With this I am not saying that it is a survivable income, but you can take that as a guideline. Most currencies are depicted in US $ and the Minimum wage is shown in Annual / Workweek / Hourly and Percent of GDP per capita. You will just need to change it to Bitcoin to see if you are still within the minimum wage for your country and how many coins you would need to survive and for how long. ^smile^
Title: Re: How many bitcoins do you have to sell to make a living? Post by: n0ne on March 04, 2016, 10:44:09 AM It differs according to the country as well the price of bitcoin. With the recent days price it is easy to make living with 1bitcoin for a month. The living is not a luxurious one, but with a some sort of comfort.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: bebeko on March 16, 2016, 02:31:03 PM for living 1 btc every month in my Country is quite enough. 400 $ = 988 GEL when the average salary is 250-300 GEL Here also in my country 1 btc converted to 20,000 Philippine Peso is enough to live a family with 2 kids. However because of economy's crisis somehow it is sufficient. Title: Re: How many bitcoins do you have to sell to make a living? Post by: quentincole32 on March 16, 2016, 07:58:02 PM It will differ from country to country, but here is a list of minimum wages by country : https://en.wikipedia.org/wiki/List_of_minimum_wages_by_country With this I am not saying that it is a survivable income, but you can take that as a guideline. Most currencies are depicted in US $ and the Minimum wage is shown in Annual / Workweek / Hourly and Percent of GDP per capita. You will just need to change it to Bitcoin to see if you are still within the minimum wage for your country and how many coins you would need to survive and for how long. ^smile^ 1.5 bitcoin are more than enough to live humble here around $600 current rates. With $500 capital to trade altcoin and bitcoin I only earn 0.5 bitcoin per month steady plus from signature campaign 0.16 average sum , plus trade some digital stuff total I earn around 0.8 monthly, not bad. Title: Re: How many bitcoins do you have to sell to make a living? Post by: n691309 on March 16, 2016, 08:14:59 PM I need 250 btc to make my family living a normal life because i have a big family and converting 250 btc into my fiat currency at the price of $500 will be like my dream comes true. This is really too much to spend 250 bitcoin within a month, at my country to make a living are need somewhere between 2-4 bitcoins depending on the people's needs. Title: Re: How many bitcoins do you have to sell to make a living? Post by: sunshinelu on March 17, 2016, 01:08:24 AM I think the question would be more about what is ROI for investment to get bitcoins and make a living with that.
The approach would be: - Invest your time to do some real work and get paid by bitcoins, and then exchanged to any currency you can make a living in your place. - Invest your money to get miners running and get rewarded by bitcoins. - Invest your money to trading place and get rewarded by bitcoins or money. All of above are at your own risks. ;D Title: Re: How many bitcoins do you have to sell to make a living? Post by: n0ne on March 17, 2016, 06:24:13 AM Based upon the location the number differs. For a living in third world countries 2bitcoin is more than enough. Better option is not to sell for living. Its better to save for the future.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: silentkiller on March 17, 2016, 07:33:00 AM Based upon the location the number differs. For a living in third world countries 2bitcoin is more than enough. Better option is not to sell for living. Its better to save for the future. Yeah youre right man, id prefer saving money for the future of my family,, and work hard to make your family have a happy living in thier life. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Mr. Big on March 18, 2016, 01:36:43 AM Based upon the location the number differs. For a living in third world countries 2bitcoin is more than enough. Better option is not to sell for living. Its better to save for the future. 2 bitcoin a month is too much in where I live, I would be living the life of rich and famous if I would be having 2 bitcoins a month..It would not be a better option not to sell your coins if bitcoin is the way for you to earn for a living.. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Slowturtleinc on March 18, 2016, 01:38:14 AM About 12 bitcoins a month would scratch me about even. Have a lot of bills and a mortgage to contend with.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: BTCBinary on March 18, 2016, 04:16:32 AM I have to earn at least 3 bitcoin per month. I sell 2,5 btc and hold the othe half. And this is living in short, because I would need at least more two per month to live a really wealthy life.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: bebeko on March 18, 2016, 04:18:44 AM About 12 bitcoins a month would scratch me about even. Have a lot of bills and a mortgage to contend with. That's a lot of money, i can buy what I want with that earnings every month and I can start a business if I can earn like that '12 btc' a month. Title: Re: How many bitcoins do you have to sell to make a living? Post by: JasonXG on March 18, 2016, 08:58:44 PM Is it even possible to make a living by selling bitcoins? Not to be rude but that's a really silly question, you can make money selling anything. But i think you ment to rather ask "how do you live off bitcoin" just like any other way of making money although bitcoin has made things alot easier for us all and opened up a world of new opportunity to make money thinking outside the box and making online business safer and fast. Also trading in altcoins is really fun and lucrative but not easy. Title: Re: How many bitcoins do you have to sell to make a living? Post by: mikehersh2 on March 18, 2016, 09:26:51 PM Back when bitcoins were worth almost $1200, it could have been a lot easier. Now that it is worth around $420, you might need a few a month, or depending on how much you are looking to make.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: Mr. Big on March 19, 2016, 06:14:26 AM Back when bitcoins were worth almost $1200, it could have been a lot easier. Now that it is worth around $420, you might need a few a month, or depending on how much you are looking to make. That's true, with today's price, we might need bigger amount of bitcoin to sell to make a just enough simple living... 1 bitcoin a month is good enough to me, but might be different or lower to others, so it really depends on your goal in life.. Title: Re: How many bitcoins do you have to sell to make a living? Post by: jkrules on March 19, 2016, 09:44:36 AM Back when bitcoins were worth almost $1200, it could have been a lot easier. Now that it is worth around $420, you might need a few a month, or depending on how much you are looking to make. It is very possible. But you need a lot of bitcoin and you have to be trusted. Since still many people didn't know about bitcoin, you need more extra energy to explain what is bitcoin to other people. Title: Re: How many bitcoins do you have to sell to make a living? Post by: john aris on March 19, 2016, 11:58:04 AM I have no idea yet, but I think in where I live, atleast .5 is enough for a month to survive, but of course it won't be complete..
Title: Re: How many bitcoins do you have to sell to make a living? Post by: Kollor on March 19, 2016, 12:04:46 PM I think 1 bitcoin is enough for me as I am singled.. I am living very simple and only have one pet cat.. so I think 1 bitcoin would really suffice for each month, I might need higher amount of bitcoin only when I need to buy something which is out of the budget...
Title: Re: How many bitcoins do you have to sell to make a living? Post by: bitgolden on March 19, 2016, 06:19:36 PM I think 1 bitcoin is enough for me as I am singled.. I am living very simple and only have one pet cat.. so I think 1 bitcoin would really suffice for each month, I might need higher amount of bitcoin only when I need to buy something which is out of the budget... For me 0.2btc is enough a month and I am living with selling my bitcoins to fiat. My earning source is doing signature campaigns and working as freelancer. I earn some bitcoins every month through them and it is enough for me. I think every one can live with selling bitcoin because bitcoin is legit currency and easily can be exchanged into dollars.Title: Re: How many bitcoins do you have to sell to make a living? Post by: ebookscreator on March 19, 2016, 06:28:41 PM I think if you have 3 ant miner s7 generate bitcoin 0.9 each miner with free electricity cost i think you can live to sell bitcoins every month..
But you are just joining here in signature campaign you can't live here unless you have some skills to offer like making a website.. Title: Re: How many bitcoins do you have to sell to make a living? Post by: JustDie on March 19, 2016, 06:46:17 PM Is it even possible to make a living by selling bitcoins? its possible for me , just throw some money for buying a minning rig Title: Re: How many bitcoins do you have to sell to make a living? Post by: Ziskinberg on May 19, 2016, 01:39:23 PM Is it even possible to make a living by selling bitcoins? its possible for me , just throw some money for buying a minning rig Is that a bitcoin mining rig? I think not. It is difficult to mine profitablly with the bitcoin. With altcoin, you might. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Oralmat on May 21, 2016, 02:01:25 PM Is it even possible to make a living by selling bitcoins? its possible for me , just throw some money for buying a minning rig Is that a bitcoin mining rig? I think not. It is difficult to mine profitablly with the bitcoin. With altcoin, you might. Agreed, if we hole depend on bitcoin earning, may be it will be hard, it is not my meaning that we can't earn it alot from bitcoins. it all depend on our skills that how can i earn from bitcoins. if we have big investment or trading than of course we can get good profit. and sometime we will get loss. On the other hand, if we can't do big trading or we can't handle it than our living style will be damaged. if we use the bitcoins for part time job, i think it will be better. Title: Re: How many bitcoins do you have to sell to make a living? Post by: romero121 on May 22, 2016, 10:51:25 AM In my country one can have a comfortable living by selling one bitcoin a month. But I don't think earning one bitcoin is that easy or possible to earn periodically as we get salary from day job.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: Ziskinberg on May 24, 2016, 07:42:16 AM In my country one can have a comfortable living by selling one bitcoin a month. But I don't think earning one bitcoin is that easy or possible to earn periodically as we get salary from day job. That was amazing, what country are you in? I am thinking of living in your country as with that 1BTC you can already survive living comfortably in a month. To be honest, that can be easily achieve in a monthly basis even if you are working online but you just need to work hard and devote your time to bitcoins.Title: Re: How many bitcoins do you have to sell to make a living? Post by: wintermeasures on May 31, 2016, 07:48:03 PM Is it even possible to make a living by selling bitcoins? I think its possible, if you have huge amount of bitcoin. But my advice, you should not use bitcoin for living expenses. I would suggest to real life working, because with real life working you guaranteed to get money every month. thank you Title: Re: How many bitcoins do you have to sell to make a living? Post by: gerXhonza on May 31, 2016, 08:02:58 PM Is it even possible to make a living by selling bitcoins? I think its possible, if you have huge amount of bitcoin. But my advice, you should not use bitcoin for living expenses. I would suggest to real life working, because with real life working you guaranteed to get money every month. thank you Day job will take care of your living and you don't need to depend on bitcoin for living, as you need to have good amount of coins if you want live with bitcoin. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Endikadija on June 01, 2016, 01:58:21 PM In my country 0.8 btc with the current price is enought for a living
Title: Re: How many bitcoins do you have to sell to make a living? Post by: shenkeng on June 10, 2016, 10:11:26 AM It all depends on the place where you are living , where i am living 1 BTC is more than enough for living comfort life with family consist of husband , wife and a child, because the conversion to my country fiat currency is high in dollar converting. so 1 BTC is good enough to lead a healthy life for a family.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: StoreBit on June 17, 2016, 10:09:12 PM i thinks this is such a personal question but i will like to tell you that i dont have such a decen amount of bitcoin actually i am earning it from a signature campaign and that is in strart such slow process.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: hermanhs09 on June 18, 2016, 08:57:44 AM Well, considering that you have to have around $3,000 AUD here at least a month to sustain a comfortable middle class lifestyle, assuming that there is minimal rent and no debt outstanding, you need around 3 BTC a month.
Which isn't that bad if you think about it. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Cyaren on June 22, 2016, 10:00:56 AM Is it even possible to make a living by selling bitcoins? I think its possible, if you have huge amount of bitcoin. But my advice, you should not use bitcoin for living expenses. I would suggest to real life working, because with real life working you guaranteed to get money every month. thank you Day job will take care of your living and you don't need to depend on bitcoin for living, as you need to have good amount of coins if you want live with bitcoin. If you have extra bitcoin that would be for entertainment id say but for living expenses I would not rely on btc due to some major fluctuations in the stock itself Although btc is a very great crypto currency to invest in for later purposes Title: Re: How many bitcoins do you have to sell to make a living? Post by: gerXhonza on June 22, 2016, 12:49:32 PM Is it even possible to make a living by selling bitcoins? I think its possible, if you have huge amount of bitcoin. But my advice, you should not use bitcoin for living expenses. I would suggest to real life working, because with real life working you guaranteed to get money every month. thank you Day job will take care of your living and you don't need to depend on bitcoin for living, as you need to have good amount of coins if you want live with bitcoin. If you have extra bitcoin that would be for entertainment id say but for living expenses I would not rely on btc due to some major fluctuations in the stock itself Although btc is a very great crypto currency to invest in for later purposes Bitcoin is definitely good as an investment for future but I don't think we can expect a living from bitcoin at this stage as price is not too high and you also need to earn decent number of coins regularly. Title: Re: How many bitcoins do you have to sell to make a living? Post by: hermanhs09 on June 23, 2016, 01:08:05 PM Is it even possible to make a living by selling bitcoins? I think its possible, if you have huge amount of bitcoin. But my advice, you should not use bitcoin for living expenses. I would suggest to real life working, because with real life working you guaranteed to get money every month. thank you Day job will take care of your living and you don't need to depend on bitcoin for living, as you need to have good amount of coins if you want live with bitcoin. If you have extra bitcoin that would be for entertainment id say but for living expenses I would not rely on btc due to some major fluctuations in the stock itself Although btc is a very great crypto currency to invest in for later purposes like i said before though 3 btc a month is a pretty nice living although you really should not rely like they say,,,it will not end so well if you rely on BTC as your income for a month-further because it is not STABLE enough to rely on it like that. Title: Re: How many bitcoins do you have to sell to make a living? Post by: umaOuma on June 23, 2016, 01:10:21 PM Is it even possible to make a living by selling bitcoins? I think its possible, if you have huge amount of bitcoin. But my advice, you should not use bitcoin for living expenses. I would suggest to real life working, because with real life working you guaranteed to get money every month. thank you Day job will take care of your living and you don't need to depend on bitcoin for living, as you need to have good amount of coins if you want live with bitcoin. If you have extra bitcoin that would be for entertainment id say but for living expenses I would not rely on btc due to some major fluctuations in the stock itself Although btc is a very great crypto currency to invest in for later purposes like i said before though 3 btc a month is a pretty nice living although you really should not rely like they say,,,it will not end so well if you rely on BTC as your income for a month-further because it is not STABLE enough to rely on it like that. It also depend on in which country you are living and what is the cost of living there, in western countries I don't think 3 btc would be enough as everything is too expensive. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Cyaren on June 24, 2016, 01:08:13 AM Is it even possible to make a living by selling bitcoins? I think its possible, if you have huge amount of bitcoin. But my advice, you should not use bitcoin for living expenses. I would suggest to real life working, because with real life working you guaranteed to get money every month. thank you Day job will take care of your living and you don't need to depend on bitcoin for living, as you need to have good amount of coins if you want live with bitcoin. If you have extra bitcoin that would be for entertainment id say but for living expenses I would not rely on btc due to some major fluctuations in the stock itself Although btc is a very great crypto currency to invest in for later purposes like i said before though 3 btc a month is a pretty nice living although you really should not rely like they say,,,it will not end so well if you rely on BTC as your income for a month-further because it is not STABLE enough to rely on it like that. It also depend on in which country you are living and what is the cost of living there, in western countries I don't think 3 btc would be enough as everything is too expensive. Monthly? $1800 is more than most people make in a month, USA it would be a little low because that is not much in the US but everywhere else you should be able to live off of around $400 a week Title: Re: How many bitcoins do you have to sell to make a living? Post by: Ziskinberg on June 24, 2016, 01:54:17 AM Is it even possible to make a living by selling bitcoins? I think its possible, if you have huge amount of bitcoin. But my advice, you should not use bitcoin for living expenses. I would suggest to real life working, because with real life working you guaranteed to get money every month. thank you Day job will take care of your living and you don't need to depend on bitcoin for living, as you need to have good amount of coins if you want live with bitcoin. If you have extra bitcoin that would be for entertainment id say but for living expenses I would not rely on btc due to some major fluctuations in the stock itself Although btc is a very great crypto currency to invest in for later purposes like i said before though 3 btc a month is a pretty nice living although you really should not rely like they say,,,it will not end so well if you rely on BTC as your income for a month-further because it is not STABLE enough to rely on it like that. It also depend on in which country you are living and what is the cost of living there, in western countries I don't think 3 btc would be enough as everything is too expensive. Monthly? $1800 is more than most people make in a month, USA it would be a little low because that is not much in the US but everywhere else you should be able to live off of around $400 a week Title: Re: How many bitcoins do you have to sell to make a living? Post by: eddyubachs on June 24, 2016, 03:49:15 AM Is it even possible to make a living by selling bitcoins? I think its possible, if you have huge amount of bitcoin. But my advice, you should not use bitcoin for living expenses. I would suggest to real life working, because with real life working you guaranteed to get money every month. thank you Day job will take care of your living and you don't need to depend on bitcoin for living, as you need to have good amount of coins if you want live with bitcoin. If you have extra bitcoin that would be for entertainment id say but for living expenses I would not rely on btc due to some major fluctuations in the stock itself Although btc is a very great crypto currency to invest in for later purposes like i said before though 3 btc a month is a pretty nice living although you really should not rely like they say,,,it will not end so well if you rely on BTC as your income for a month-further because it is not STABLE enough to rely on it like that. It also depend on in which country you are living and what is the cost of living there, in western countries I don't think 3 btc would be enough as everything is too expensive. Monthly? $1800 is more than most people make in a month, USA it would be a little low because that is not much in the US but everywhere else you should be able to live off of around $400 a week Yeah I think $200 is more then enough to have a good life in developing countries, and if the price of bitcoin goes higher then the worth of $200 will be even higher. Title: Re: How many bitcoins do you have to sell to make a living? Post by: romero121 on June 24, 2016, 10:03:23 AM Probably in my country with the current price tag of bitcoin one needs to sell a single bitcoin to have a comfortable living.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: Ziskinberg on June 27, 2016, 04:24:58 AM Probably in my country with the current price tag of bitcoin one needs to sell a single bitcoin to have a comfortable living. It still depends on your standard way of living, if your lifestyle is simple you can live with 1 BTC a month but that is the least amount for me, you also have to consider the major and unexpected expenses that may happen so basically 1 BTC is not enough.Title: Re: How many bitcoins do you have to sell to make a living? Post by: Woshib on June 27, 2016, 09:46:22 AM Is it even possible to make a living by selling bitcoins? Bitcoin probably not allow to earn enough money to live, but if you talk about trading, it is possible to make a profit, but it's still risky.If the price of Bitcoin decrease a lot while you invested on it, you will lose a lot of money. Title: Re: How many bitcoins do you have to sell to make a living? Post by: dezoel on June 27, 2016, 11:29:37 AM If I have to depend on living in bitcoin then I think I will need at least 2 btc per month to live good and comfortable life, but the fact is its not easy to earn it on regular basis.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: Maesters1- on June 30, 2016, 11:42:49 AM i am not depending on bitcoin for living. i believe that bitcoin is my secondary option and it give me an extra income. i am happy with my job. but i also like investment in crypto currencies. it full fill my extra expenses. i am pretty happy with my investment in bitocoin.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: abugseuf on June 30, 2016, 04:13:57 PM i am not depending on bitcoin for living. i believe that bitcoin is my secondary option and it give me an extra income. i am happy with my job. but i also like investment in crypto currencies. it full fill my extra expenses. i am pretty happy with my investment in bitocoin. very good i am also agree with you. i think we should not depend on the income of bitcoin for living. it should be a secondary trade for us. although it give us a good income but still we cannot depend on bitcoin for living. but in future it may be possible. Title: Re: How many bitcoins do you have to sell to make a living? Post by: vero on June 30, 2016, 08:29:16 PM I don't know how many bitcoin should I sell to make a living, that I know just trying to collect bitcoin as much as I can and wait for prices to rise to sell it. that's what I use to live.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: Maesters1- on July 01, 2016, 06:19:52 AM if you have thousands of bitcion even then you cannot depend on bitocin for living. because the rate of bitcoins are not fixed and their rates can be change over night. so it is rec amended not to depend of bitcoin for living.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: alplaxxx on July 02, 2016, 07:14:47 AM I think it's depend to country were you live, in our country 2bitcoin per month, you can make a comfort living, compared to others needed a hundred or a thousand of bitcoin to make it,
Title: Re: How many bitcoins do you have to sell to make a living? Post by: tyagi on July 02, 2016, 07:19:39 AM i just need 3 btc for living
Title: Re: How many bitcoins do you have to sell to make a living? Post by: romero121 on July 02, 2016, 07:25:16 AM Probably in my country with the current price tag of bitcoin one needs to sell a single bitcoin to have a comfortable living. It still depends on your standard way of living, if your lifestyle is simple you can live with 1 BTC a month but that is the least amount for me, you also have to consider the major and unexpected expenses that may happen so basically 1 BTC is not enough.That's true, but its truly possible to fulfil my basic needs along with a small amount as saving. Thinking of a more comfortable or luxurious living more bitcoins were required as quoted by above mate. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Maesters1- on July 03, 2016, 11:11:27 PM i just need 3 btc for living how can you live on 3 bitcoins. i think its not possible. you cannot live life on only 3 bitocin. i think you forget to put the zeros with 3. just over view your statement. i think you have put the figure wrongly. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Sled on July 04, 2016, 04:53:35 AM i just need 3 btc for living how can you live on 3 bitcoins. i think its not possible. you cannot live life on only 3 bitocin. i think you forget to put the zeros with 3. just over view your statement. i think you have put the figure wrongly. Title: Re: How many bitcoins do you have to sell to make a living? Post by: zenitzz on July 04, 2016, 12:38:37 PM Is it even possible to make a living by selling bitcoins? I think its possible, if you have huge amount of bitcoin. But my advice, you should not use bitcoin for living expenses. I would suggest to real life working, because with real life working you guaranteed to get money every month. thank you Day job will take care of your living and you don't need to depend on bitcoin for living, as you need to have good amount of coins if you want live with bitcoin. If you have extra bitcoin that would be for entertainment id say but for living expenses I would not rely on btc due to some major fluctuations in the stock itself Although btc is a very great crypto currency to invest in for later purposes like i said before though 3 btc a month is a pretty nice living although you really should not rely like they say,,,it will not end so well if you rely on BTC as your income for a month-further because it is not STABLE enough to rely on it like that. It also depend on in which country you are living and what is the cost of living there, in western countries I don't think 3 btc would be enough as everything is too expensive. Monthly? $1800 is more than most people make in a month, USA it would be a little low because that is not much in the US but everywhere else you should be able to live off of around $400 a week Yeah I think $200 is more then enough to have a good life in developing countries, and if the price of bitcoin goes higher then the worth of $200 will be even higher. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Cyaren on July 04, 2016, 01:25:54 PM At current price? Well that mostly depends on your style of living,if you prefer to leave in luxury (lol everybody does) then you would need like lol 3 btc montly i guess :DD
For me 1,5-2 btc monthly would be enough... I know its really a lot but well,HIGH LIFE ISNT CHEAP :D good luck anyway buddy ;] Title: Re: How many bitcoins do you have to sell to make a living? Post by: feinter on July 04, 2016, 01:32:49 PM Is it even possible to make a living by selling bitcoins? It all depends on where you live and what amount you have. For example: With the huge inflation in Argentina is sufficient even a small amount. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Opekin on July 06, 2016, 03:34:14 PM Is it even possible to make a living by selling bitcoins? It all depends on where you live and what amount you have. For example: With the huge inflation in Argentina is sufficient even a small amount. There is news about using the Xapo bitcoin debit there. So if you own bitcoin, you will not be affected by the inflation. Title: Re: How many bitcoins do you have to sell to make a living? Post by: socks435 on July 06, 2016, 03:38:14 PM Is it even possible to make a living by selling bitcoins? It all depends on where you live and what amount you have. For example: With the huge inflation in Argentina is sufficient even a small amount. There is news about using the Xapo bitcoin debit there. So if you own bitcoin, you will not be affected by the inflation. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Digitalbitcoin on July 07, 2016, 12:05:14 PM Its totally depends on own requirements.
What are necessities first have to make list and get average budget for requirement. Get Fiat currency value and exchange it to BTC and that much amount of BTC you can sell or exchange to fiat currency. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Maesters1- on July 07, 2016, 08:18:41 PM i just need 3 btc for living but i think it is not possible to depend on only 3 bitcoin for living. if you have hundred of bitcoin even then it also not possible to depend on it for living. i think for living you need a permanent job or business.Title: Re: How many bitcoins do you have to sell to make a living? Post by: xIIImaL on July 08, 2016, 01:22:15 PM i just need 3 btc for living but i think it is not possible to depend on only 3 bitcoin for living. if you have hundred of bitcoin even then it also not possible to depend on it for living. i think for living you need a permanent job or business.I dont have a lot of bitcoins right now to be honest selling it all wouldnt guarantee me that i would never have to work anymore in my opinion i would have to make at least 2 million dollars to make a living for my whole life what means i would need something like 5 thousand bitcoins as my lifestyle. Title: Re: How many bitcoins do you have to sell to make a living? Post by: nejibens on July 08, 2016, 01:54:46 PM For the holders of 10 BTC or more it's clearly possible that they make a living from selling the coins especially if the Bitcoin's price increase as predicted.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: torrentheaven on July 08, 2016, 02:21:46 PM For the holders of 10 BTC or more it's clearly possible that they make a living from selling the coins especially if the Bitcoin's price increase as predicted. 10 btc is really good amount to hold for living but it will also depend on the price of bitcoin, as of price falls to extreme level then even 10 btc cannot take care of you. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Cresciuanto on July 09, 2016, 10:49:12 AM For the holders of 10 BTC or more it's clearly possible that they make a living from selling the coins especially if the Bitcoin's price increase as predicted. 10 btc is really good amount to hold for living but it will also depend on the price of bitcoin, as of price falls to extreme level then even 10 btc cannot take care of you. Title: Re: How many bitcoins do you have to sell to make a living? Post by: hermanhs09 on July 09, 2016, 04:33:48 PM For the holders of 10 BTC or more it's clearly possible that they make a living from selling the coins especially if the Bitcoin's price increase as predicted. 10 btc is really good amount to hold for living but it will also depend on the price of bitcoin, as of price falls to extreme level then even 10 btc cannot take care of you. and suddenly i would had no income right? that's why btc is my second source of income,i also have a company Title: Re: How many bitcoins do you have to sell to make a living? Post by: xht on July 09, 2016, 09:58:07 PM For the holders of 10 BTC or more it's clearly possible that they make a living from selling the coins especially if the Bitcoin's price increase as predicted. 10 btc is really good amount to hold for living but it will also depend on the price of bitcoin, as of price falls to extreme level then even 10 btc cannot take care of you. and suddenly i would had no income right? that's why btc is my second source of income,i also have a company Title: Re: How many bitcoins do you have to sell to make a living? Post by: SiNeReiNZzz on July 09, 2016, 10:19:03 PM Is it even possible to make a living by selling bitcoins? Sure, why not? For Example you can take Fees... Title: Re: How many bitcoins do you have to sell to make a living? Post by: alplaxxx on July 11, 2016, 06:25:39 PM to make a living all you need is hundreds of bitcoin in your wallet, invest it or sell it when the bitcoin are high, hold it when the bitcoin are low, I think this system make you a living, do not engaged to the gambling site for you not to lose you're bitcoin, may be in trading you can earn some bitcoin to continue the flow of bitcoin to your wallet,
Title: Re: How many bitcoins do you have to sell to make a living? Post by: winer432 on July 12, 2016, 10:41:48 AM i think we need hundreds of bitcoin to make a living, and depend to our country, how much is bitcoin value to our currency today.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: Shibashi Dogemoto on July 13, 2016, 10:58:36 PM to make a living all you need is hundreds of bitcoin in your wallet, invest it or sell it when the bitcoin are high, hold it when the bitcoin are low, I think this system make you a living, do not engaged to the gambling site for you not to lose you're bitcoin, may be in trading you can earn some bitcoin to continue the flow of bitcoin to your wallet, If you want to earn a living from bitcoin then I think you need to invest huge capital at initial stage as only earning from signature campaign will not help, but if you are an active trader then you can earn profits regularly. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Zadicar on July 15, 2016, 04:12:45 AM in my country i can live 1btc/month, but the question is how can i get it? ;D.. if i do only have 1000BTC then i would invest half of it to buy miners s7 or s9, that would surely give me enough funds to make a living and the other half amount of bitcoin i will hold it until the price would rise and make profit of it.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: Mr. Big on July 15, 2016, 04:20:54 AM in my country i can live 1btc/month, but the question is how can i get it? ;D.. if i do only have 1000BTC then i would invest half of it to buy miners s7 or s9, that would surely give me enough funds to make a living and the other half amount of bitcoin i will hold it until the price would rise and make profit of it. Well that's true, 1 bitcoin in where I live is also enough for 1 month of simple living.. so probably we need bigger amount of bitcoin to sustain a living without working and just by selling bitcoin. We need to have an amount that would make us a total of 1 bitcoin ( in percentage) as an interest in one month, so it means a big amount.. Title: Re: How many bitcoins do you have to sell to make a living? Post by: traderbit on July 15, 2016, 07:58:43 PM Is it even possible to make a living by selling bitcoins? The standard of life is different on every country, even in different city on the same country so around me for a person with one bitcoin he can make a living for a month. Title: Re: How many bitcoins do you have to sell to make a living? Post by: hermanhs09 on July 15, 2016, 11:54:44 PM If we are thinking about selling some bitcoins every month,to get payed for your life:food,house,bills etc. it would be hard to say i think.
we are not talking the way that you would make some bitcoin every day of course, but we dont know what will be the further price of btc,so it would be hard to tell Anyway,i think that selling 0,5 btc weekly would be fairly enough for you,but i dont know your expenses to tell the truth. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Strongkored on July 16, 2016, 02:05:08 AM Is it even possible to make a living by selling bitcoins? I think it is possible in any, but in my opinion it's better not to depend only on bitcoin. Better look for a job pal, or if you already have enough BTC create their own business :) and you could be the make living from the business Title: Re: How many bitcoins do you have to sell to make a living? Post by: Zadicar on July 17, 2016, 06:57:38 AM Is it even possible to make a living by selling bitcoins? The standard of life is different on every country, even in different city on the same country so around me for a person with one bitcoin he can make a living for a month. yes actually you have a point there pal. Every country has difference in the standard kind of life. Some countries have expensive goods,clothing etc. than to other countries it depends on the place. If 1 BTC in your country is big or enough to make a living and in other country lets say 5 btc/month in order to have a living, theres a difference regarding to the prices. Title: Re: How many bitcoins do you have to sell to make a living? Post by: milewilda on July 17, 2016, 12:29:55 PM Yes it's possible if you have lots of Bitcoin let's say you have 2000btc.. you can make a living with it. Invest 50% then 30% just hold it and the rest do trade altcoins it would give you such profit without touching your remaining bitcoins.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: romero121 on July 17, 2016, 04:20:19 PM For a entire lifetime living with comfort in a luxurious manner in my country at least 500btc is required. Also to have a simple life it needs at least half the bitcoin of current price per month is required.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: JumperX on July 18, 2016, 10:26:31 PM For a entire lifetime living with comfort in a luxurious manner in my country at least 500btc is required. Also to have a simple life it needs at least half the bitcoin of current price per month is required. That's true but it also depends on what country you are living in, as cost of living varies from country to country, for me I think 100 btc is more then enough to live a luxury life. Title: Re: How many bitcoins do you have to sell to make a living? Post by: junder on July 19, 2016, 12:02:09 PM in my country if I have 100-200 btc its enough to make a living
because the cost of living in my country is not too expensive. Title: Re: How many bitcoins do you have to sell to make a living? Post by: arseaboy on July 19, 2016, 12:09:06 PM For a entire lifetime living with comfort in a luxurious manner in my country at least 500btc is required. Also to have a simple life it needs at least half the bitcoin of current price per month is required. That's true but it also depends on what country you are living in, as cost of living varies from country to country, for me I think 100 btc is more then enough to live a luxury life. Title: Re: How many bitcoins do you have to sell to make a living? Post by: stromma44 on July 20, 2016, 03:10:46 AM For a entire lifetime living with comfort in a luxurious manner in my country at least 500btc is required. Also to have a simple life it needs at least half the bitcoin of current price per month is required. That's true but it also depends on what country you are living in, as cost of living varies from country to country, for me I think 100 btc is more then enough to live a luxury life. Yes mate bitcoin allows us to work on flexible hours so that you can spare time for your friends and family and you can work according to your convenience but the most important thing is that you should have different methods to earn it. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Cresciuanto on July 20, 2016, 06:20:56 PM i think i do not have enough amount of bitcoin that if i sell it i can make a living. i think i am not depending on bitcoin for living. because i have my job and i consider bitcoin as a side business. no doubt that it give me a good amount of money on regular basis but still i cannot compromise on that.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: phpdev on July 22, 2016, 12:27:19 PM this question same as how much money do you need for a living.
depends on where we living and who we are. Title: Re: How many bitcoins do you have to sell to make a living? Post by: stromma44 on July 22, 2016, 05:37:34 PM i think i do not have enough amount of bitcoin that if i sell it i can make a living. i think i am not depending on bitcoin for living. because i have my job and i consider bitcoin as a side business. no doubt that it give me a good amount of money on regular basis but still i cannot compromise on that. Yeah our full time job is taking care of our living so I think we should not worry about that bitcoin is adding value to our wealth which will be more worth in future. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Das on July 22, 2016, 08:00:18 PM Is it even possible to make a living by selling bitcoins? That depends on where you live. Right now bitcoins is ~$656 and in lots of third world countries, that amount is sufficient for a family of 4/5 to live on for a month. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Digitalbitcoin on July 22, 2016, 08:11:01 PM Its all up to needs. No can decide what are real expensive individual have.
Also need to prepare to bring that much amount of bitcoin residual to wallet so that user can spend them to make living on it. Also have to consider inflation ratio. As few countries have very high inflation rate and few have lower inflation rate. Next is currency value. Because every country have their own fiat currency and have certain values for exchanging them. Title: Re: How many bitcoins do you have to sell to make a living? Post by: mark coins on July 22, 2016, 09:17:21 PM Is it even possible to make a living by selling bitcoins? That depends on where you live. Right now bitcoins is ~$656 and in lots of third world countries, that amount is sufficient for a family of 4/5 to live on for a month. Yeah if you are living in third world country then cost of living is not too high so you can easily earn a living with bitcoin if you are earning a descent amount of bitcoins. Title: Re: How many bitcoins do you have to sell to make a living? Post by: coinsocieties on July 22, 2016, 09:40:17 PM It is not how many you have to sell, the question should be how many do you need to make. It depends on where you live and what you consider a living to be. Some countries, you can be a millionaire in their country and make $2 a day and make a living. Here in the USA, $40,000 barely makes you a living. So you need to be more direct with the question.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: Digitalbitcoin on July 24, 2016, 02:39:15 PM Is it even possible to make a living by selling bitcoins? Off course. Anyone can start to live living with bitcoin. Bitcoin gives great platform to use them to exchange to fiat currency. As well as Bitcoin is a digital decentralized virtual currency can be produced by mining. So there are good option to generate bitcoin and sell them for living better life. I personally use bitcoins to live better life by exchanging them to fiat currency even use few of services that offers bitcoin payment option. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Chennai on July 26, 2016, 04:03:07 PM Is it even possible to make a living by selling bitcoins? Off course. Anyone can start to live living with bitcoin. Bitcoin gives great platform to use them to exchange to fiat currency. As well as Bitcoin is a digital decentralized virtual currency can be produced by mining. So there are good option to generate bitcoin and sell them for living better life. I personally use bitcoins to live better life by exchanging them to fiat currency even use few of services that offers bitcoin payment option. Title: Re: How many bitcoins do you have to sell to make a living? Post by: dunfida on July 27, 2016, 03:13:54 AM For a entire lifetime living with comfort in a luxurious manner in my country at least 500btc is required. Also to have a simple life it needs at least half the bitcoin of current price per month is required. That's true but it also depends on what country you are living in, as cost of living varies from country to country, for me I think 100 btc is more then enough to live a luxury life. In my country I think 500btc would be enough to have a living. I could buy a house,car and have some business out of it. Time for family and friends is important to us but we don't have to rely so much out of it its better to have a day job so that. it give you stable income. In case those properties would be gone. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Zadicar on July 27, 2016, 05:38:51 AM Is it even possible to make a living by selling bitcoins? Off course. Anyone can start to live living with bitcoin. Bitcoin gives great platform to use them to exchange to fiat currency. As well as Bitcoin is a digital decentralized virtual currency can be produced by mining. So there are good option to generate bitcoin and sell them for living better life. I personally use bitcoins to live better life by exchanging them to fiat currency even use few of services that offers bitcoin payment option. All of us here is doing the same exchanging btc to fiat as we all know Bitcoin is very helpful to us especially to those who suffer scarcity in life. Yes we can do a living in just selling Bitcoins but the big question is how to get them? It's really hard to earn Bitcoin as of now it really requires work time and effort. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Tricyraton on July 28, 2016, 05:51:57 PM i think if u sell them on ebay u will gain real money so u will be able to make it ;)
Title: Re: How many bitcoins do you have to sell to make a living? Post by: socks435 on July 28, 2016, 05:54:44 PM I think 10 btc is enough to sell for living in real life i will start my own business to make living..
But i am hoping for that even 3 btc if the price is increase from present price to 2k value.. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Opekin on August 04, 2016, 07:05:49 AM I think 10 btc is enough to sell for living in real life i will start my own business to make living.. But i am hoping for that even 3 btc if the price is increase from present price to 2k value.. I think the bitcoin price might rise to 2000 dollar in the next 2 years. That depends on the further development. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Ziskinberg on August 15, 2016, 01:21:51 AM I think 10 btc is enough to sell for living in real life i will start my own business to make living.. But i am hoping for that even 3 btc if the price is increase from present price to 2k value.. I think the bitcoin price might rise to 2000 dollar in the next 2 years. That depends on the further development. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Shibashi Dogemoto on August 15, 2016, 08:41:43 PM I think 10 btc is enough to sell for living in real life i will start my own business to make living.. But i am hoping for that even 3 btc if the price is increase from present price to 2k value.. I think the bitcoin price might rise to 2000 dollar in the next 2 years. That depends on the further development. Its not possible to touch that price in next 2 years as haven't reached to $1k yet and in next 2 years bitcoin will go through many ups and downs and some bad news will also be a part of its journey which will make difficult for it to touch that price. Title: Re: How many bitcoins do you have to sell to make a living? Post by: SCCFX on August 15, 2016, 09:29:32 PM price now over $500
enough make living you can sell 2 bitcoin every month Title: Re: How many bitcoins do you have to sell to make a living? Post by: outatime1 on August 15, 2016, 09:54:26 PM If you were able to buy bitcoins very cheap, then of course you could sell them to make money. The problem right now is that the price is too high to buy and sell any time soon for a big profit. We can only make small amounts or hold for a few years and them maybe make some good money.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: nova-rider on August 15, 2016, 10:00:25 PM That sounds good to be a reality.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: Opekin on September 02, 2016, 07:30:21 AM If you were able to buy bitcoins very cheap, then of course you could sell them to make money. The problem right now is that the price is too high to buy and sell any time soon for a big profit. We can only make small amounts or hold for a few years and them maybe make some good money. I think the bitcoin price is very cheap now. In June, the price was around $780. Now, the price is only $580. Title: Re: How many bitcoins do you have to sell to make a living? Post by: 20kevin20 on September 02, 2016, 07:31:53 AM If you were able to buy bitcoins very cheap, then of course you could sell them to make money. The problem right now is that the price is too high to buy and sell any time soon for a big profit. We can only make small amounts or hold for a few years and them maybe make some good money. I think the bitcoin price is very cheap now. In June, the price was around $780. Now, the price is only $580. That was caused by Bitfinex's 'hack'. The price will be healed sooner or later, and we should expect a big, big increase soon. Title: Re: How many bitcoins do you have to sell to make a living? Post by: freedomgo on September 02, 2016, 08:29:49 AM If you were able to buy bitcoins very cheap, then of course you could sell them to make money. The problem right now is that the price is too high to buy and sell any time soon for a big profit. We can only make small amounts or hold for a few years and them maybe make some good money. I think the bitcoin price is very cheap now. In June, the price was around $780. Now, the price is only $580. That was caused by Bitfinex's 'hack'. The price will be healed sooner or later, and we should expect a big, big increase soon. Title: Re: How many bitcoins do you have to sell to make a living? Post by: arseaboy on September 02, 2016, 12:56:20 PM If you were able to buy bitcoins very cheap, then of course you could sell them to make money. The problem right now is that the price is too high to buy and sell any time soon for a big profit. We can only make small amounts or hold for a few years and them maybe make some good money. I think the bitcoin price is very cheap now. In June, the price was around $780. Now, the price is only $580. That was caused by Bitfinex's 'hack'. The price will be healed sooner or later, and we should expect a big, big increase soon. Title: Re: How many bitcoins do you have to sell to make a living? Post by: dunfida on September 02, 2016, 01:33:04 PM If you were able to buy bitcoins very cheap, then of course you could sell them to make money. The problem right now is that the price is too high to buy and sell any time soon for a big profit. We can only make small amounts or hold for a few years and them maybe make some good money. I think the bitcoin price is very cheap now. In June, the price was around $780. Now, the price is only $580. That was caused by Bitfinex's 'hack'. The price will be healed sooner or later, and we should expect a big, big increase soon. Thats right bitcoins price drop because of the bitfinex hacked funds incident which causes the price to dump. As same as he said dont worry since bitcoin price would definitely healed up and gradually increase when the times goes by. As of now its stabilizes its price for how many weeks already i think its making up or getting ready for a price increase in the future. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Fraxinus on September 02, 2016, 01:44:17 PM I can't say bitcoin's cheap,but yeah we know it hit even higher than today's price.To make a living is unique for everyone and what you include in the living's price.I guess maybe 3 BTC or something in the lines.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: Sponsoredby15 on September 03, 2016, 01:34:41 PM Probably yes, because bitcoin is a real cash. You can earn it easily specially when you are a computerholic not computer addicted hehe. In my case I convert my bitcoin monthly and I earn 100$ per month its small but it helps me a lot to buy my needs because I am a students.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: crossabdd on September 03, 2016, 03:32:48 PM enough for me to spend 1 bitcoin per month for living. because I can get more than that on altcoin trade and other ways :)
Title: Re: How many bitcoins do you have to sell to make a living? Post by: Opekin on September 14, 2016, 08:23:20 AM Probably yes, because bitcoin is a real cash. You can earn it easily specially when you are a computerholic not computer addicted hehe. In my case I convert my bitcoin monthly and I earn 100$ per month its small but it helps me a lot to buy my needs because I am a students. If you earn the bitcoin from this forum, that will be a very small amount. It will not be able to support life. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Shinpako09 on September 14, 2016, 08:50:50 AM enough for me to spend 1 bitcoin per month for living. because I can get more than that on altcoin trade and other ways :) If that was consistent every month you can really make a living. 1btc is pretty decent amount but of course it still depend on what kind of living you have.Title: Re: How many bitcoins do you have to sell to make a living? Post by: Noctis Connor on September 14, 2016, 10:30:16 AM Is it even possible to make a living by selling bitcoins? Back then 2013 i could really say that if im going to buy bitcoin in the year of 2005 where the bitcoin price is really cheap and wait for many years then i will sell more than 200bitcoin to make living by selling bitcoin and by trading also i want to keep my money safe i will deposit it into banks and then make business.Title: Re: How many bitcoins do you have to sell to make a living? Post by: somedream on September 14, 2016, 11:17:41 AM price now over $500 enough make living you can sell 2 bitcoin every month Depends I guess - In London, that would definitely not be enough! Title: Re: How many bitcoins do you have to sell to make a living? Post by: Xenophoto on September 15, 2016, 04:28:22 AM Instead of selling a huge sum of Bitcoins at once, you can sell it once every week. Calculate how much you spent last week and sell that much Bitcoin. Try to lessen your expenses every week, record every single thing that you buy. In this way, you'll be aware if you're already overspending.
Selling all your coins at once can lead into loss of potential earnings. You could sell now at 600$ but once the price has increased, you just lost your chance selling your coins at a higher price. Title: Re: How many bitcoins do you have to sell to make a living? Post by: BitHodler on September 15, 2016, 07:16:39 PM Instead of selling a huge sum of Bitcoins at once, you can sell it once every week. Calculate how much you spent last week and sell that much Bitcoin. Try to lessen your expenses every week, record every single thing that you buy. In this way, you'll be aware if you're already overspending. I also prefer to sell my coins step by step as selling all coins at once is never a good idea.Selling all your coins at once can lead into loss of potential earnings. You could sell now at 600$ but once the price has increased, you just lost your chance selling your coins at a higher price. At the rush to nearly $800 in June I sold small amounts on the entire way up. That resulted in me having more than decent profits. If I sold all my coins at once at a certain price level, then I wouldn't benefit from the price that goes higher and higher. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Ziskinberg on September 16, 2016, 05:45:49 AM Instead of selling a huge sum of Bitcoins at once, you can sell it once every week. Calculate how much you spent last week and sell that much Bitcoin. Try to lessen your expenses every week, record every single thing that you buy. In this way, you'll be aware if you're already overspending. I also prefer to sell my coins step by step as selling all coins at once is never a good idea.Selling all your coins at once can lead into loss of potential earnings. You could sell now at 600$ but once the price has increased, you just lost your chance selling your coins at a higher price. At the rush to nearly $800 in June I sold small amounts on the entire way up. That resulted in me having more than decent profits. If I sold all my coins at once at a certain price level, then I wouldn't benefit from the price that goes higher and higher. Title: Re: How many bitcoins do you have to sell to make a living? Post by: emezh10 on October 03, 2016, 05:29:40 PM It is really hard to say as it depends on bitcoin price at that moment
Title: Re: How many bitcoins do you have to sell to make a living? Post by: cleverlittleme on October 03, 2016, 05:35:53 PM It is really hard to say as it depends on bitcoin price at that moment ... and the place where you live. from what I have heared you can make a living for 100$ in venezuela. But in Texas that amount brings you nowhere. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Hellacopter on October 03, 2016, 06:24:50 PM In my country selling 1 Bitcoin at the current price could make a living, but in some other poor countries even 100$ in BTC can really help people to make their living, so its depend on countries.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: Tecksim on October 03, 2016, 06:53:27 PM In my country selling 1 Bitcoin at the current price could make a living, but in some other poor countries even 100$ in BTC can really help people to make their living, so its depend on countries. That is right. In the US, you need at least 3 bitcoins a month to make a good living. It is more expensive than other countries. Title: Re: How many bitcoins do you have to sell to make a living? Post by: outatime1 on October 03, 2016, 11:04:56 PM You would need to sell something like 0.25 bitcoins per day to make a living. Selling by itself is not practical because you would have to be wealthy to buy enough. Trading or lending are ways to make some extra money, but as always, the more you have to invest, the more money you could make.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: junder on October 04, 2016, 01:39:30 AM In my country selling 1 Bitcoin at the current price could make a living, but in some other poor countries even 100$ in BTC can really help people to make their living, so its depend on countries. That is right. In the US, you need at least 3 bitcoins a month to make a good living. It is more expensive than other countries. 3 bitcoins to make a living in USA everyday? is too high the cost of living there in my country 0.1 btc is enough to make a living everyday. Title: Re: How many bitcoins do you have to sell to make a living? Post by: Loepuenkyou on October 04, 2016, 02:11:54 AM in my country is all everything price in living is low
so iam only use selling one bitcoin every month can make living Title: Re: How many bitcoins do you have to sell to make a living? Post by: laracna on October 04, 2016, 03:22:50 AM It is really hard to say as it depends on bitcoin price at that moment ... and the place where you live. from what I have heared you can make a living for 100$ in venezuela. But in Texas that amount brings you nowhere. in venezuela some trivial things may cost more than $100, like bubble gum or rice and stuff like that. they have hyperinflation and not enough supply, so unless you are really rich or from the government, you'll make a living only if your concept of living doesn't evolve things like have enough food to survive etc Title: Re: How many bitcoins do you have to sell to make a living? Post by: Kummerf on October 04, 2016, 04:53:28 AM I'm using 0.5 btc per month to make a living. But the number of bitcoin used per month totally depends its price which can change 20% - 40% is one day. I still regret I sold my 355 bitcoins back in 2013. My advise save your bitcoin and only spend it when its really needed.
Title: Re: How many bitcoins do you have to sell to make a living? Post by: machinek20 on October 04, 2016, 04:54:36 AM it is possible to make a living using bitcoin, but it depends on the country you lived, in order to make a living in my country you need at least 0.4 a month for 1 person, and to get that amount you need some skill, you can get that by doing trading or offer your skills
Title: Re: How many bitcoins do you have to sell to make a living? Post by: diegz on October 04, 2016, 06:32:47 AM it is possible to make a living using bitcoin, but it depends on the country you lived, in order to make a living in my country you need at least 0.4 a month for 1 person, and to get that amount you need some skill, you can get that by doing trading or offer your skills Yeah, it is possible but I won't say that it would be easy, if your budget per person should be .4BTC amonth, then you would be needing a lot of focus doing that, bunches of works and lesser rest working on micro jobs. I think .2BTC is enough for a single person who don't have much debts and bills to pay but still considering the place where you live, in where I live, I could survive with just .2BTC a month. Lucky that I have a day job. Title: Re: How many bitcoins do you have to sell to make a living? Post by: 23dzmaz on October 04, 2016, 06:40:47 AM It is really hard to say as it depends on bitcoin price at that moment I'm agree with you. It's depend at the price of bitcoin, if the bitcoins' price at high price, i only need 0.07-0.1 per week. To make a living i need around 0.7-0.175 per week. |