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Author Topic: How many bitcoins do you have to sell to make a living?  (Read 20668 times)
SCCFX
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August 15, 2016, 09:29:32 PM
 #261

price now over $500
enough make living you can sell 2 bitcoin every month
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August 15, 2016, 09:54:26 PM
 #262

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.

 
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August 15, 2016, 10:00:25 PM
 #263

That sounds good to be a reality.
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September 02, 2016, 07:30:21 AM
 #264

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.

 
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20kevin20
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September 02, 2016, 07:31:53 AM
 #265

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.
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September 02, 2016, 08:29:49 AM
 #266

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.
I also believe it will happen, the hack was really something that stop the increase of bitcoin and until now we have not felt the effect of halving, in due time we can see another increase of bitcoin price so we should be ready by buying more bitcoins now.

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arseaboy
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September 02, 2016, 12:56:20 PM
 #267

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.
I also believe it will happen, the hack was really something that stop the increase of bitcoin and until now we have not felt the effect of halving, in due time we can see another increase of bitcoin price so we should be ready by buying more bitcoins now.
it happen already last year and increase when the end of the was nearing so i guess we will see another rebound coming from the price so if you can buy btc by now and the price went up to 1k$ you will almost double your earnings , OP you needed a lots of bitcoin before you can rely your your daily life with it, 10-20btc might be enough if you do some trading with alt.

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September 02, 2016, 01:33:04 PM
 #268

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.

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September 02, 2016, 01:44:17 PM
 #269

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.

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September 03, 2016, 01:34:41 PM
 #270

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.
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September 03, 2016, 03:32:48 PM
 #271

enough for me to spend 1 bitcoin per month for living. because I can get more than that on altcoin trade and other ways Smiley
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September 14, 2016, 08:23:20 AM
 #272

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.

 
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September 14, 2016, 08:50:50 AM
 #273

enough for me to spend 1 bitcoin per month for living. because I can get more than that on altcoin trade and other ways Smiley
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.
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September 14, 2016, 10:30:16 AM
 #274

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.
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September 14, 2016, 11:17:41 AM
 #275

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!
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September 15, 2016, 04:28:22 AM
 #276

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.

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September 15, 2016, 07:16:39 PM
 #277

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.
I also prefer to sell my coins step by step as selling all coins at once is never a good idea.

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.

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September 16, 2016, 05:45:49 AM
 #278

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.
I also prefer to sell my coins step by step as selling all coins at once is never a good idea.

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.
If you sell your bitcoins at once then you will no longer wait for another opportunity, I believe there are still more room for the improvement of the price of bitcoin so it is better to hold longer.

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October 03, 2016, 05:29:40 PM
 #279

It is really hard to say as it depends on bitcoin price at that moment
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October 03, 2016, 05:35:53 PM
 #280

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.
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