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Author Topic: Earning a living with bitcoin?  (Read 158459 times)
gtglener
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April 23, 2016, 06:54:15 PM
 #1201

Earning a living with the bitcoin is possible for sure but I think you also need to sacrifice a lot to accomplish.
Th bitcoin can be pretty profitable for sure.
Sometimes we need luck also, like suppose we buy 10 btc at 400 $ and later the price jumps up to 4k $ then you already made a living without doing anything ( by invest that huge amount at proper place )

But we cannot call it as earning a living as it occurs not every month so that we support our family in that way, but earning a living mean a permanent and regular income with which we will be capable to support our family.
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April 23, 2016, 06:59:54 PM
 #1202

Earning a living with the bitcoin is possible for sure, I really have no doubt that its possible to be honest.
Its just a matter of time before this is really possible the only thing that has to happen is a price rise.
Yeah but not now maybe in the future or it depends in your standing if you have skills you can offer it to someone that can pay for bitcoin.. and i think more sites and store are accepting bitcoin so that more jobs will come for bitcoin..

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April 23, 2016, 07:03:50 PM
 #1203

Earning a living with the bitcoin is possible for sure, I really have no doubt that its possible to be honest.
Its just a matter of time before this is really possible the only thing that has to happen is a price rise.

Earning a living with Bitcoin is possible, but living with a job seems to be the best. Bitcoin can be considered as a secondary source that makes life more comfortable.
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April 23, 2016, 07:24:32 PM
 #1204

Earning a living with the bitcoin is possible for sure, I really have no doubt that its possible to be honest.
Its just a matter of time before this is really possible the only thing that has to happen is a price rise.

Earning a living with Bitcoin is possible, but living with a job seems to be the best. Bitcoin can be considered as a secondary source that makes life more comfortable.

If you have a good job with descent salary then it is not wise to quit the job and get into bitcoin for full time, as there is big question mark on the future of bitcoin.
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April 23, 2016, 07:26:36 PM
 #1205

Bitcoin is quite a good way of making great income.
I always invest into bitcoin many times, and it is working out to be very useful, as I see it. One last thing, bitcoin have start becoming stable as I am seeing it. Throughout this year, I noticed that it is now sticking around $420 to $450. So that is buy at $420, and sell at $450. Who knows, maybe very soon it might stick permanently to one of those price.

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April 23, 2016, 07:29:07 PM
 #1206

Bitcoin is quite a good way of making great income.
I always invest into bitcoin many times, and it is working out to be very useful, as I see it. One last thing, bitcoin have start becoming stable as I am seeing it. Throughout this year, I noticed that it is now sticking around $420 to $450. So that is buy at $420, and sell at $450. Who knows, maybe very soon it might stick permanently to one of those price.
It depends where you live, whats the expenses and how much you spent on luxuries. Basically in a country where the poverty level is high you can easily make a living but in a city NY its tough.

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April 25, 2016, 01:55:04 PM
 #1207

Hello guys,

how many of you are earning for living just with bitcoin based projects? If some of you do, can you contribute what do you do?
I am certainly not earning a living out of Bitcoin, to be able to make a living out of Bitcoin right now you would have to invest allot of money in to it to make enough back. So you have to have money in order to make a living out of bitcoin.
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April 25, 2016, 02:38:10 PM
 #1208

It would be perfect if there is a possibility that we can earn a living with Bitcoin but that is also quite hard because you never know what will happen with the value so that is risky.
So it is better if you are seeing Bitcoin as a small earning and just have a daily job.
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April 25, 2016, 03:52:27 PM
 #1209

Earning a living with the bitcoin is possible for sure but I think you also need to sacrifice a lot to accomplish.
Th bitcoin can be pretty profitable for sure.
Sometimes we need luck also, like suppose we buy 10 btc at 400 $ and later the price jumps up to 4k $ then you already made a living without doing anything ( by invest that huge amount at proper place )

It is not a kind of making a living with bitcoin, making a living means that we can earn something in regular basis like daily/weekly/monthly. When you bought 10btc at $400 then need to wait till the price up to $4000, means that you need to wait in unpredictable time. So how would you live while waiting without doing anything?

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April 25, 2016, 04:28:34 PM
 #1210

I'd be curious to hear from those earning an income with Bitcoin for a profession other than trading etc. Like creative types that charge Bitcoin instead of the usual FIAT for their work, and how they've been getting on doing it that way.

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April 25, 2016, 05:36:19 PM
 #1211

I really think its very risky to depend only on bitcoin for living as the income that you are earning is not stable and if bitcoin disappears in future then it will really difficult for you take care of your financial needs.
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April 26, 2016, 09:46:02 AM
 #1212

I really think its very risky to depend only on bitcoin for living as the income that you are earning is not stable and if bitcoin disappears in future then it will really difficult for you take care of your financial needs.
therefore you have to work hard and try to take advantage of the current bitcoin is still okay and the trend is on the rise.
so when bitcoin disappear in the future, you still have the advantage of bitcoin and you can use capital for business.
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April 26, 2016, 09:49:46 AM
 #1213

As Bitcoin becomes more widespread it's certainly possible to accept it from your business or as salary.

Just yesterday a service similar to WU started to accept it in my country, so I can just walk 5 minutes and buy or sell it with 1% or less increase.

Good times ahead.
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April 26, 2016, 09:51:33 AM
 #1214

I really think its very risky to depend only on bitcoin for living as the income that you are earning is not stable and if bitcoin disappears in future then it will really difficult for you take care of your financial needs.
therefore you have to work hard and try to take advantage of the current bitcoin is still okay and the trend is on the rise.
so when bitcoin disappear in the future, you still have the advantage of bitcoin and you can use capital for business.

To use capital gained from business you need to convert your bitcoin to fiat on regular basis, and if you don't do that thinking that price will go higher and if bitcoin suddenly disappears what will you do with those coins?
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April 26, 2016, 09:51:56 AM
 #1215

Earning a living with bitcoin is much more effective if you also have an another way or source of income.

Some people with real life job also do some bitcoin related work resulting for more income.
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April 26, 2016, 10:16:34 AM
 #1216

I don't think earning a living is possible with bitcoin at a moment, as the price is too low and even if you start a living with it now it will not contribute to improve the standard of living.
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April 26, 2016, 10:19:26 AM
 #1217

As Bitcoin becomes more widespread it's certainly possible to accept it from your business or as salary.

Just yesterday a service similar to WU started to accept it in my country, so I can just walk 5 minutes and buy or sell it with 1% or less increase.

Good times ahead.

Yes i hope bitcoin will be accepted by company and can be mode of salary payments for their employees by that its a great step for bitcoin industry. But for earn a living for bitcoin. For now i think it is not possible if your a owner of trading,gambling,and any gambling site that can get you big profit by that i can say tou can earn a living with that. But if you are a low earner well you cannot earn a living with it instead you can get savings with it.


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April 27, 2016, 07:31:26 AM
 #1218

I really think its very risky to depend only on bitcoin for living as the income that you are earning is not stable and if bitcoin disappears in future then it will really difficult for you take care of your financial needs.
therefore you have to work hard and try to take advantage of the current bitcoin is still okay and the trend is on the rise.
so when bitcoin disappear in the future, you still have the advantage of bitcoin and you can use capital for business.

To use capital gained from business you need to convert your bitcoin to fiat on regular basis, and if you don't do that thinking that price will go higher and if bitcoin suddenly disappears what will you do with those coins?


yeah you should immediately sell your bitcoin, when signs of bitcoin will disappear, or when the price is high enough, you can sell it, then you stop and start doing business.
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April 27, 2016, 07:33:24 AM
 #1219

i do this just during my free time but if i can money here more than an average can earn then i will go here.
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April 27, 2016, 11:17:35 AM
 #1220

I really think its very risky to depend only on bitcoin for living as the income that you are earning is not stable and if bitcoin disappears in future then it will really difficult for you take care of your financial needs.
therefore you have to work hard and try to take advantage of the current bitcoin is still okay and the trend is on the rise.
so when bitcoin disappear in the future, you still have the advantage of bitcoin and you can use capital for business.

To use capital gained from business you need to convert your bitcoin to fiat on regular basis, and if you don't do that thinking that price will go higher and if bitcoin suddenly disappears what will you do with those coins?


yeah you should immediately sell your bitcoin, when signs of bitcoin will disappear, or when the price is high enough, you can sell it, then you stop and start doing business.

Someone doing business in bitcoin by buying low and selling high should always keep in mind that he will have to sell the coins in the right time, if the person gets greedy and keep the coins for waiting for a higher price then he can be doomed if the price drops down so quick.
So the investor should always keep an eye on the price and sell his coins immediately after seeing a reasonable price in the market.
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