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Author Topic: How many bitcoins do you have to sell to make a living?  (Read 20668 times)
Digitalbitcoin
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July 07, 2016, 12:05:14 PM
 #221

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.
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Maesters1-
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July 07, 2016, 08:18:41 PM
 #222

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.
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July 08, 2016, 01:22:15 PM
 #223

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.
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July 08, 2016, 01:54:46 PM
 #224

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.
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July 08, 2016, 02:21:46 PM
 #225

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.
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July 09, 2016, 10:49:12 AM
 #226

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 that is the reason that i do not depend on bitcoin for living. i can say that bitcoin is giving me an additional support but i still cannot depend on bitcoin for living.
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July 09, 2016, 04:33:48 PM
 #227

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 that is the reason that i do not depend on bitcoin for living. i can say that bitcoin is giving me an additional support but i still cannot depend on bitcoin for living.
I do the same,i would be actually scared to do earning bitcoin for living,because something bad would happen,
and suddenly i would had no income right? that's why btc is my second source of income,i also have a company
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July 09, 2016, 09:58:07 PM
 #228

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 that is the reason that i do not depend on bitcoin for living. i can say that bitcoin is giving me an additional support but i still cannot depend on bitcoin for living.
I do the same,i would be actually scared to do earning bitcoin for living,because something bad would happen,
and suddenly i would had no income right? that's why btc is my second source of income,i also have a company

I guess if you have a company you can introduce bitcoin to your employees so that it will help the bitcoin still exist maybe you can pay your staff with bitcoin if they want.

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July 09, 2016, 10:19:03 PM
 #229

Is it even possible to make a living by selling bitcoins?

Sure, why not? For Example you can take Fees...

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July 11, 2016, 06:25:39 PM
 #230

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,
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July 12, 2016, 10:41:48 AM
 #231

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.
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July 13, 2016, 10:58:36 PM
 #232

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.
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July 15, 2016, 04:12:45 AM
 #233

in my country i can live 1btc/month, but the question is how can i get it? Grin.. 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.

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July 15, 2016, 04:20:54 AM
 #234

in my country i can live 1btc/month, but the question is how can i get it? Grin.. 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..
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July 15, 2016, 07:58:43 PM
 #235

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.

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July 15, 2016, 11:54:44 PM
 #236

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.
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July 16, 2016, 02:05:08 AM
 #237

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 Smiley and you could be the make living from the business

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July 17, 2016, 06:57:38 AM
 #238

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.

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July 17, 2016, 12:29:55 PM
 #239

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.

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July 17, 2016, 04:20:19 PM
 #240

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.
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