relq
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December 22, 2015, 09:13:05 AM |
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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.
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xuan87
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December 22, 2015, 11:04:31 AM |
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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
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gkv9
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December 22, 2015, 01:41:50 PM |
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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... ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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fravia
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December 22, 2015, 04:36:53 PM |
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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
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notlist3d
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December 22, 2015, 05:10:13 PM |
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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.
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safari88
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December 22, 2015, 06:05:18 PM |
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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 0.5-1 BTC/month
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crazyivan
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December 22, 2015, 07:04:57 PM |
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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.
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Ziskinberg
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December 22, 2015, 08:04:18 PM |
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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.
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Amph
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December 23, 2015, 08:32:10 AM |
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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
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defaultking
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December 23, 2015, 04:24:14 PM |
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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.
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CoinBoerse.com
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December 23, 2015, 07:00:09 PM |
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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.
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extrabyte
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December 23, 2015, 07:18:35 PM |
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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.
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btcdevil
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December 23, 2015, 09:44:20 PM |
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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
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bakingbad
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December 23, 2015, 09:56:43 PM |
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for me it would be a huge amount something like 10000 bitcoins
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ironbit
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December 23, 2015, 10:13:16 PM |
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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.
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hasiramasenju
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December 25, 2015, 03:18:23 PM |
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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
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foxbitcoin
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December 25, 2015, 03:28:11 PM |
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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.
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notlist3d
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December 25, 2015, 08:40:17 PM |
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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.
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Nauro
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December 25, 2015, 09:19:57 PM |
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in my country if someone has 25 btc he can live his whole life with interest from it ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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RealBitcoin
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December 28, 2015, 04:55:56 AM |
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1 BTC/month for me would be enough to make a living with modest conditions.
I hope i can do it fulltime very soon.
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