crairezx20
Legendary
 Offline
Activity: 1638
Merit: 1046
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June 15, 2016, 05:41:49 PM |
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I'm just trying to scrape together a small amount of bitcoin right now. I have a regular job, so this is just on the side as an investment. With some trading, I hope to make a few bitcoins to hold for later.
I have made a living with bitcoins for sadly just for 3 months, actually I left my house and was studying outside my city. Then I thought the money my parents gave me is quite less, hence I started with bitcoins and earned awesomely high. But sadly after 3 months I was back home  I don't getr it - what is the problem in earning bitcoins when living with parents, especially if you managed to have "awesomely high" income? I'd say it should be even easier. Honestly its hard to earn bitcoin living with parents just like me my don't want me to involve in bitcoin because its scam or its uses to illegal activity. but explain it well to them.. and now they understand what is bitcoin.. Im passing them.. |
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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redsun114
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June 15, 2016, 06:51:02 PM |
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I think that most people use bitcoin right now as a part time resource that can potentially yield them some extra income if the price goes up, for example. However, it is not guaranteed profits.
So no, I don't think that it is safe to earn a living with bitcoin right now, just yet.
Yes, earning bitcoin to live your daily life is always a risk but as a part time income it is the best way compared to any other sources. As talking about myself I buy some bitcoin at the last of every months from my job and hold them to sell in best price in future. |
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JumperX
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June 15, 2016, 06:53:42 PM |
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I think that most people use bitcoin right now as a part time resource that can potentially yield them some extra income if the price goes up, for example. However, it is not guaranteed profits.
So no, I don't think that it is safe to earn a living with bitcoin right now, just yet.
Yes, earning bitcoin to live your daily life is always a risk but as a part time income it is the best way compared to any other sources. As talking about myself I buy some bitcoin at the last of every months from my job and hold them to sell in best price in future. If you compare the earnings from bitcoin to other online jobs then you will get the answer, as majority of online jobs are ponzi and don't pay on regular basis, and that is not the issue with bitcoin. |
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n3o111
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June 15, 2016, 06:57:18 PM |
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Its possible but you will need a lot of bitcoins a to even do this so if you really have the money for it you can make your work from it but you should invest much money and be patient, also the monthly profit is always different.
I think it can be good but you should first save money to do this and have the time to do this its in my opinion not available for poor people.
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lixer
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June 15, 2016, 08:03:49 PM |
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I think some owners of altcoins like ethereum coin owner Vitalik Buterin said he left his studies due to bitcoins and more distinctly altcoins and its opportunities. We should learn something from this, he is now a millioner guys !
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diodio5
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June 15, 2016, 10:51:07 PM |
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yeah to live in bitcoin is a very difficult choice. This choice should be considered carefully. choices that are not easy back your hand
many risks contained therein. so you must be smart considering to go living in bitocin dude. make sure you have to accept the risk also
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Endikadija
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June 15, 2016, 11:06:54 PM |
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In my country,a 22 years old who has to carry only itself,with 0.5 btc a month can live a regular life.So i think it depends also where do you live.
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delliaerd
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June 15, 2016, 11:34:35 PM |
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I'm just trying to scrape together a small amount of bitcoin right now. I have a regular job, so this is just on the side as an investment. With some trading, I hope to make a few bitcoins to hold for later.
I have made a living with bitcoins for sadly just for 3 months, actually I left my house and was studying outside my city. Then I thought the money my parents gave me is quite less, hence I started with bitcoins and earned awesomely high. But sadly after 3 months I was back home I don't getr it - what is the problem in earning bitcoins when living with parents, especially if you managed to have "awesomely high" income? I'd say it should be even easier. Exactly, if you are at home then I think you can concentrate more on work and you should continue to earn bitcoin as you were earning when you were away from home. Yeah its always the best to earn bitcoins even you are on your parents. maybe you can also motivate them to use bitcoin and how to earn bitcoin so that they know how you are making money with bitcoin.. No problem that you are not at home and study in the out city but the money that your parents gave you is lees. You can do trading to make so many profits mate. And soon feel proud of your self that can complete you necessary with your own effort. But when you don't have a big capital for that don't worry, get start with low capital is not problem, for the right time you will success on that if you makr hard effort. |
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Pbitcoin
Member
Offline
Activity: 112
Merit: 10
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June 15, 2016, 11:44:51 PM |
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In my country,a 22 years old who has to carry only itself,with 0.5 btc a month can live a regular life.So i think it depends also where do you live.
Yes for developing contries as the per capita income is low the 0.5 bitcoin is equal to 375$ which will be enough for them to live there daily life easily  |
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Woshib
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June 16, 2016, 01:32:33 AM |
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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?
People can earn enough Bitcoins to meet their needs. But it's still rare, because they must have a strong project that earn money to the founders. |
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peta4e
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June 16, 2016, 01:54:59 AM |
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In my country,a 22 years old who has to carry only itself,with 0.5 btc a month can live a regular life.So i think it depends also where do you live.
Yes for developing contries as the per capita income is low the 0.5 bitcoin is equal to 375$ which will be enough for them to live there daily life easily No one wants to earn $375 for entire life, everyone wants good and comfortable life so if you are looking for good life ahead only earning from bitcoin can never be sufficient. |
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martinacar
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June 16, 2016, 02:01:22 AM |
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Earning a living with the bitcoin is possible but I think its not a steady income so I do not recommend you to do this at all to be honest.
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sobsitesearch
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June 16, 2016, 02:13:13 AM |
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Earning a living with the bitcoin is possible but I think its not a steady income so I do not recommend you to do this at all to be honest.
Earning a living with bitcoin is good but you should have a real job and make bitcoin as your other source of income. because the price of bitcoin is not stable no one know what is the future of bitcoin |
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JohnyWalkerUK
Member
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Activity: 77
Merit: 10
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June 16, 2016, 03:07:17 AM |
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Earning money with the bitcoin and living from it can be possible but I myself would not do this.
The second thing is if you have a job you also do not have the time for it mostly.
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X-ray
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June 16, 2016, 03:18:30 AM |
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In my country,a 22 years old who has to carry only itself,with 0.5 btc a month can live a regular life.So i think it depends also where do you live.
Yes for developing contries as the per capita income is low the 0.5 bitcoin is equal to 375$ which will be enough for them to live there daily life easily 0.5 Bitcoin or $375 is a big amount in my country (developing country). I can live for a month with that's amount. Some people rely only on their salary from btc. |
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Endikadija
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June 16, 2016, 06:29:19 AM |
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In my country,a 22 years old who has to carry only itself,with 0.5 btc a month can live a regular life.So i think it depends also where do you live.
Yes for developing contries as the per capita income is low the 0.5 bitcoin is equal to 375$ which will be enough for them to live there daily life easily No one wants to earn $375 for entire life, everyone wants good and comfortable life so if you are looking for good life ahead only earning from bitcoin can never be sufficient. In my country (albania) the average salary in capital is 300-400 $. In other cities is 200-300 $. So with 375 $ i have passed the avarage. Not to mention that 1$ equals to 126 albanian Lek So it means 47250 albanian Lek a month!! It is quite enough to live with that |
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goinmerry
Legendary
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Activity: 2940
Merit: 1083
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June 16, 2016, 06:58:46 AM |
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Earning money with the bitcoin and living from it can be possible but I myself would not do this.
The second thing is if you have a job you also do not have the time for it mostly.
Yeah, earning through bitcoin just takes a little time so it is the best action for us working day time. No need for much time even in trading but most at just investing in it. |
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xavier77
Sr. Member
Offline
Activity: 280
Merit: 252
Xavier
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June 16, 2016, 07:02:28 AM |
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Earning a living with BTC is like working in a bank that will soon go bankrupt.
There are few reasons why BTC is not reliable for earning:
1. BTC prices vary very fast and can make you rich or bankrupt in a day.
2. Gambling is never edged towards your side. The longer you play, the more you lose.
3. Earning online is not something to be proud of nor will it get you a good profile.
4. Trading is very risky and cloud mining is slow and unreliable.
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Xenophoto
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June 16, 2016, 07:14:02 AM |
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There are few reasons why BTC is not reliable for earning:
1. BTC prices vary very fast and can make you rich or bankrupt in a day.
It can make you richer than yesterday in a day, correct. It can make you bankrupt in a day, I don't think so. Bankruptcy means having no money left at all. Bitcoin will not reach 0$. Bitcoin will not become a dump coin in a day. The price might go down really fast at some point, but it bitcoin wouldn't vanish into thin air in a day. 3. Earning online is not something to be proud of nor will it get you a good profile.
It depends on the state of your life. If you're uneducated, you should be proud that you are getting money out of posting online. People who have the same educational attainment as yours wouldn't even think of going online to make money, they are all into facebook and other social media stuffs. Earning online must be something that you should be proud of at all times, but it shouldn't be something that you're ashamed of. |
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isen
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June 16, 2016, 07:24:20 AM |
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3. Earning online is not something to be proud of nor will it get you a good profile.
It depends on the state of your life. If you're uneducated, you should be proud that you are getting money out of posting online. People who have the same educational attainment as yours wouldn't even think of going online to make money, they are all into facebook and other social media stuffs. Earning online must be something that you should be proud of at all times, but it shouldn't be something that you're ashamed of. Totally agree with you there is nothing wrong in earning an additional income online i would be ashamed only if i was earning from ponzis,hyips,mlms and other scams. |
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