I think there's a lot of people who earn a living with Bitcoin in 3rd world countries. It's not very hard to earn $100 in BTC over a month, which is a minimum income in many poor countries.
$100 a month is achievable with just signature campaign, and if someone do skill works i mean if he sells his skills for bitcoins then he can earn way more then that, and if someone also does trading then he can make a really comfortable living with just bitcoin. Right you can achieve $100 just joining to signature campaigns alone which is very good to those people who have less income or having hard time to find some job. You can do signature campaign instead but there are lot of ways to make money h just search in this forum youll find which suits to you. well you actually can do that right now but you will spend a lot of your time for it, i think there are easier ways to do that right now such as doing some trading on exchanges Yeah, it will be very time consuming if you will just use signature campaign to make 100$. To have to have good skills to compliment your job signature campaign jobs. More than trading, you need to establish a good job that can earn a stable income. |
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While we are all here on this forum to earn one way or another, how well do you manage that money after you've earned it. Do you trade your Bitcoin as fast as you can spending it all in a day or do you save it? I recently got paid for a job I did in programming and i keep finding myself wanting to spend more of that money i made. I have a lot of credit card debt and that is not good. I have destroyed only two ofg my credit cards to which I owe thousands of dollars on.
how do you spend your money?
Those credit cards ate really shitty it is just telling you to spend more whenever you are in a mall or a supermarket that is why I never tried to have one. It will just make me more reliable to that card without knowing that I got a lot of debt. They wont tell you how much you have spent specially when your limit is high. It will be chaos after that. It helps sometimes if you own a credit card. It can help you over a very hard time. But that should be used with utmost control. We should not over use it or spend it on non sensible things. If you use your credit card wisely and pay your credits on time, there is no trouble. If you don't want to be tempted to over spend, then leave your card when you go out. Just take it when your going to buy your groceries. Yes, those credit cards are a temptation of their own. The problem is that you actually do not have to give away anything in real, just your balance decreases. And unlike a purse with real money, you can not tell how much is already missing. That will only happen if you will not manage it correctly. But with proper management of credit and strict discipline in spending, you can maximize the use of your credit card without putting yourself or your financial status at risk. |
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Thanks god it is not working with you all too, I thought my ISP is acting weird again  |
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This is my long term goal.
Right now, I'm earning, collecting and buying as much Bitcoin I can.
Also, part of this funds I will invest in my own online business.
So, I count on 2 things here.
I hope that price of Bitcoin will continue to increase and also hope that my online business will be successful.
If both things happen, I will make my living mostly on Bitcoin.
I don't know which type of online business you are doing. but getting success at online is not so easy. you need to do lots of hard work and with huge dedication to get some success on web business. if you are doing blogging then let me tell you this is the best work someone could do on the web. because if you do blog with its right terms and ways you won't become fail.. rest of methods are little fishy for me. Every business needs hard work and dedication. It does not matter if it is online or offline, if you wanted to be successful, you need to pour in some dedication and hard work into it. There is no easy way in doing any business. So either its bitcoin or fiat, you need to give it all in order to make a living. |
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I did not expect the third world war will happen, no matter what, bitcoin would have persisted, even that will be a tool for good deals with other countries, because it would not be in the know and the transactions can take place quickly. I think bitcoin prices would be higher if it is in use by all countries
Anything can happen in our life, not only World war 3 the meteorite from space and fall into the earth it happens, if bitcoin is using by all countries bitcoin became a global currency at the same time. You just wish we are still alive. If the same meteorites that killed the dinosaurs fall again on earth, we will all be dead. And even if bitcoin persist then, who are left to use it? It will be useless. Or if world war 3 happens and nations start nuking each other, the same scenario. I just hope those types of catastrophe will not happen ever. |
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loaning is always too risky because people that gets money usually won't want to give that money back not matter what so it is pretty risky
it always happens to me when I lend it to my friends, they are always difficult to pay back. but if I lend in this forum or elsewhere that there is a collateral, so it does not matter if they do not pay. because collateral should have the same value or more of the loan amount. Collateral should have more value than the amount you are loaning. Maybe a 20% more value should be enough. Lending is a business and should have profit. If the loan is just the same amount as the collateral, then if they default, you do not have any income. |
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A very good way to earn some btc is to join signature campaign. Also you can start trading but you must be very careful if you do not have any experience.Whatever you do, avoid these bitcoin doubling sites you will lose your money in these scams.
Yeah, avoid those sites that promises high returns and almost too good to be true. Almost all of them are ponzi and scams. They are very easy to spot because they always promises impossible to achieve interest rates. If you want to invest your hard earn bitcoins, go those investment that are trustworthy. |
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I buy bitcoin as my investment in future, using my extra cash to buy bitcoin with hope they will get me good return in near future  Haha, yeah that is every person who hold bitcoins , for its value to increase in the future. Like me, I also hold my bitcoins hoping that its value will increase and I will sell them right away. A lot of people got rich because of bitcoins. They bought bitcoins when its value was just 150 dollars and now since its value is 600 dollars and up their investment got a return of 4 times in just less than a year. Some people were even luckier than that; I don't know if you saw the other threads that have been posted recently, but there were some people who bought their Bitcoin in the thousands for $27 and then proceeded to make $868k off of their investment. Those are the people who were REALLY lucky. I'm also kind of trying to work towards holding for the future, but that's been kind of a challenge for me. They are not lucky. They understand bitcoins value ahead of us. That is why they bought it and hold on it even when it was still almost no value. And they are now reaping the profits of it. It is not too late. Bitcoin can still grow more, and someday someone will say, they bought at 600 and now enjoying millions in profit. |
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Bitcoin is unreliable and risky but has potential to boom. Gold is secure but i will only be worth for in a surplus economics and their has to be a constant demand for it. So i say just save it. Don't take the risk
Yes that's it, just save it and don't take the risk. But if you are a person who takes risk as a challenge make sure that you have back up plans if you are going to enter investments. And make sure that you have savings so whenever your investment is going to collapse you have your savings in it and you can make sure that you are going support it. theres more to the story of saving lol. If a persons input of making is way less - then theres no point. The issue is the input focus should be knowing how to grow your money and profit without having to forcefully save. You are racing against time which most have the delusion of having so much of in the first place.. If you will not force yourself to save then you cannot save at all, that is why it is very hard to save money and it needs a lot of discipline to do it. I have once save in my life but was not successful because sometimes I got tempted with the things in this world and that action buying such things has ruined my savings plan. It was just now that I have learned the discipline. Good thing you have the proper discipline now to save money. It is most important to acquire that so we can prosper in life. Now, all you need to do is to save up to an amount you can use to invest. Save and Invest. It is not save or invest. YOu do not need to choose between the two. You must do both. |
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I don't have any plan about to get rich from bitcoin. To get rich is not my life target at all. I wish to live normally with enough level of money. So my strategy is to continue to live in the same way about bitcoins: pis sting comments, little gambling; and that's it, if I get any profit from it I just withdraw it.
Well even you don't have plans to get rich from bitcoin, for sure you want to have a good life and simple life at all. And base on your what you have said, that means you are very simple and plain. But if you are going to have your own family for sure you are going to change your mind and wants to become rich after all with the use of bitcoin. he would definitely change his mind if he have already a family because you will have the desire to give a better future for your family and money is the first priority to achieve those goals even if you said a simple life but that time you would look for more money to sustain and give the needs and wants of your family. Even if we do not have a family or responsibility, I think it should be our goal to improve our lives. I do not mean to become billionaires but enough to have a comfortable and secure life. Enough to buy what you want, when you want it. If you can become rich, then the better. The point is to become better than what you already are. |
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After read above most people choosing bitcoin instead cash
I dont know why, but in real life i prefer use cash
I cant buy any kind of goods or foods in my country using bitcoin, still better using cash in here. Dont know about another country, but i think according to the reply i read, maybe there are already offline store that accept bitcoin in their country
Same here, I still cannot spend bitcoins everywhere or buy everything. I can only use it online to purchase some items. But if I want to use it to buy my groceries, I cannot. So I still have to exchange it to fiat first. But I will still choose bitcoin over fiat, and wait when the time comes that I can spend bitcoin as easily as buying candy. |
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For Me. NO. Because you don't know when bitcoin stops, if you still gain profit or not. Not stable I mean. Unlike a full time Day job, you have a fixed monthly salary plus if you are good at your job, you can gain bonuses. The most commonly job on bitcoin is trading and gambling. Yes you can earn as much as 10 BTC at trading but to be sure, that will take years or even decades sometimes. But if you'll ask me, I'll do them both, I will continue my Full time Day Job and earning bitcoin at the same time.
I am agree with you that bitcoin have not any stable job for everyone. only trading is a way to get profit which is not confirmed. but as you said that no one know when bitcoin stops. this is not right. bitcoin took it's place and it won't stop ever. its price may drop and up but it won't get dead or hide. and to be true there are lots of stable jobs also. but these are for educated and skilled persons. like developers. designers. programmers. and lots of peoples are already doing full time job. if you are just focus into trading and if at others ares you need just some project related to bitcoin, soo this can be a paid task and then become your source of bitcoins, sure isnt easy to build a business and achieve sucess instant. I don't think I will follow this. You really want to just rely on your luck to survive. I think I have a better chance of succeeding in life, whether earning fiat or bitcoin, with my skills rather than my luck. I will not risk my life if it is only for luck. At least with my skills, I know what or what not I am capable. If you really want to earn and survive, fiat or bitcoin, work on your skills and use it. |
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Most people are reactionary, they will all jump onto bitcoin but only when it is too late. Look at any state that goes into hyperinflation, by the time they want to get things like gold it is way too late.
It's the same as safety. often an accident needs to happen before safety is considered even if it was obvious at the time that these safety features should have already been there.
We can't really blame them for being like that since that trait can also be seen as some kind of a 'defensive mechanism' in terms of our assets since some people really just don't want to risk their assets in something that isn't a sure thing to give profit. Almost everyone will react like that. Make sure that the water is safe before jumping in. But people who has tolerance for high risk will surely jump readily and enjoy the water. I hope when people realize how great bitcoin is, it is not yet too late. |
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While we are all here on this forum to earn one way or another, how well do you manage that money after you've earned it. Do you trade your Bitcoin as fast as you can spending it all in a day or do you save it? I recently got paid for a job I did in programming and i keep finding myself wanting to spend more of that money i made. I have a lot of credit card debt and that is not good. I have destroyed only two ofg my credit cards to which I owe thousands of dollars on.
how do you spend your money?
Those credit cards ate really shitty it is just telling you to spend more whenever you are in a mall or a supermarket that is why I never tried to have one. It will just make me more reliable to that card without knowing that I got a lot of debt. They wont tell you how much you have spent specially when your limit is high. It will be chaos after that. It helps sometimes if you own a credit card. It can help you over a very hard time. But that should be used with utmost control. We should not over use it or spend it on non sensible things. If you use your credit card wisely and pay your credits on time, there is no trouble. If you don't want to be tempted to over spend, then leave your card when you go out. Just take it when your going to buy your groceries. |
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For now I'd rather hold my bitcoin than spend it. Right now bitcoin value is high, so it's better not spend it often. Maybe in future, bitcoin might grower and the price rise up. So, I would feel regretful if I spend bitcoin.
Me either , I'm not spending actively with my bitcoins I'm still hoping for the price increase before I'm going to spend it. I'm just thinking about the profit that I can get with bitcoin for today, and after that maybe that is the right time to spend it when the price is going to be higher. That is a good plan. But if everyone of us stops spending bitcoin then it will be stagnant. And that scenario will have a negative effect on the stability of bitcoin. Bitcoin price will halt and may go down. It is best if we still spend some of our coins and reserve majority for holding as an investment. Well that is true if all of us are going to hold all of our bitcoins for sure there is no adoption and price increase that is going to happen. That's spending your bitcoins actively for something can contribute good in the adoption of bitcoin. Because it is going to help the mass adoption of bitcoin in the world. We should spend but it is not necessary to spend so much, we should consider like our bitcoins is like the money earn from our real job. We need to spend a little for basic needs and save the remaining for the future investment. We should use bitcoin as we use our current fiat. It will help in distribution of bitcoins and its progress. We should not treat it differently if we want it to replace our fiat. If we invest our fiat, we should invest our bitcoin too. If we use fiat to buy milk, when that time comes, we should spend our bitcoin to buy milk too. |
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Blockchain is the most very popular exchange platform were you can keep and hold your bitcoins when it comes to security of your coins, and its very convenient to use for. Its more than a bank actually. So you won't regret it once you try it.  Yeah, we know that. We all know about blockchain and bitcoin and their benefits. But hey, any comment on the song? |
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I cannot understand why you want it to be reversible. If you want your transactions to be reversible then just use Paypal or other payment methods that offers reversible transactions. Bitcoin is good as is. It is in your responsibility to protect your bitcoin and make sure that before you make transactions, everything is good.
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I am open to the idea of receiving my salary in bitcoin as long as it is fixed bitcoin amount. So if in the future the price of bitcoin rises, I will be receiving more in value even if there is no raise. I will just have to consider my salary like an investment.
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Quitting a day job for bitcoin will not be a very idea. I can only deal in bitcoin to get an extra income but I can not leave my job right now. My job, I am guaranteed of an income while in bitcoin, the price is so uncertain to the extend that you might wake up one day and find the I bitcoin is going for 100 dollars. That will be a massive loss of more than 500 dollars.
It could happen that the price will go back to $100 dollars and you will still receive your current salary in your day job if you think your company is more stable than bitcoin now. I can see there is a good future for bitcoin and those who hold on will be benefited. Anyway, no need to quit if you are just investing but quit if you have a good job in the bitcoin world. Yeah, if you have stable bitcoin job as your day job, then it is good to quit and focus on your bitcoin. At least you manage your own time and you do not have to commute to work. You can do it on the comfort of your own home. But if you do not have a stable bitcoin gig, then don't. Stay with your job and be satisfied that bitcoin can give you extra income. |
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It all depends on individuals lifestyle. If earnings are less and, expenses are more then surely savings will be hard. But if one start keeping out a little bit of money every month and try to manage their costs from the left over money then they can save some money over the time. But these days all prices are going up without any limit, and it makes very hard for average people to save money.
true, that's why saving should be a commitment . Buy only things that you needed not the things you want. Also buy things that is durable so that you are not buying the same things in a short period of time. It all depends on how you manage your finances. Learn to save money first then the rest will be used for expenses. If it is not enough, then look for unnecessary expenses. Pay off your debts fast because interest from that will eat your money away. If you can stick to that, you will be able to save and invest in the future. Investments can really help your financial status. |
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