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Author Topic: Earning a living with bitcoin?  (Read 158459 times)
Hellacopter
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March 08, 2016, 01:07:40 PM
 #401

I believe that earning a living with bitcoin is possible but you need to choose the right methods and platforms you use to invest for a long term plan. Also i think that selling goods and services for Bitcoins could be profitable for the long run
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March 08, 2016, 01:53:26 PM
 #402

Earning a living with bitcoin is really difficult, if the price fluctuation is very high. Based on the price we need to make a decision whether to have a living with bitcoin or not.

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March 08, 2016, 02:06:47 PM
 #403

When Open Bazaar is finished with their testnet/beta phase and is released then there will be lots of opportunity for many people to earn a living with bitcoin. Just look at all the people earning a living on ebay. Open Bazaar will have better features and no listing fees which ebay nickels and dimes you with.
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March 08, 2016, 02:20:29 PM
 #404

When Open Bazaar is finished with their testnet/beta phase and is released then there will be lots of opportunity for many people to earn a living with bitcoin. Just look at all the people earning a living on ebay. Open Bazaar will have better features and no listing fees which ebay nickels and dimes you with.

We are all expected that openbazar can replace ebay in a short time reducing the fees and the risk around buy and sell with bitcoin.The opportunity to start a business and the money that can be saved with bitcoin will be full showed ,i believe openbazar will show as the black friday,but all days since prices should drop.
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March 08, 2016, 02:41:34 PM
 #405

When Open Bazaar is finished with their testnet/beta phase and is released then there will be lots of opportunity for many people to earn a living with bitcoin. Just look at all the people earning a living on ebay. Open Bazaar will have better features and no listing fees which ebay nickels and dimes you with.

We are all expected that openbazar can replace ebay in a short time reducing the fees and the risk around buy and sell with bitcoin.The opportunity to start a business and the money that can be saved with bitcoin will be full showed ,i believe openbazar will show as the black friday,but all days since prices should drop.

yeah, in fact i am expecting a big rise in popularity of bitcoin when openbazar starts its working officially out of beta. so it is going to cause a big rise in bitcoin price too.
at least the bitcoin users can say goodbye to ebay.

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March 08, 2016, 02:55:34 PM
 #406

I believe that earning a living with bitcoin is possible but you need to choose the right methods and platforms you use to invest for a long term plan. Also i think that selling goods and services for Bitcoins could be profitable for the long run

As a passive income bitcoin is fine But Its will not work as main income and We can make big from that.
If start a business by accepting bitcoin payment mode It will works well...
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March 08, 2016, 03:03:40 PM
 #407

For now just considered bitcoin an opportunity to make this as a financial backup.

Don't rely your living in bitcoin for the whole time.

Some of bitcoin earning methods that quite can easily do for some average bitcoiner are not stable and even can't give you much profits in daily basis.

Your life needs a daily support. Bitcoin isn't meant here. You will hold your coins waiting for the skyrocket price but the answer is when? Your tummy needs foods everyday.

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March 08, 2016, 03:40:39 PM
 #408

I don't think that its an good idea to be dependent only on bitcoin, as it would be to risky if you leave your present job and make money only from bitcoins, as you always need some sort of back up to take care of your financial needs.
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March 09, 2016, 02:48:07 AM
 #409

I don't think that its an good idea to be dependent only on bitcoin, as it would be to risky if you leave your present job and make money only from bitcoins, as you always need some sort of back up to take care of your financial needs.

We cannot rely on bitcoin alone as a source of income, the volatility I think is the one that makes it harder to live with bitcoin alone, specially if you only have few  coins in your wallet and you are not a trader...

That and the regulation, until it is clear that dealing in Bitcoin is legal in your country, you shouldn't jump ship and rely totally on Bitcoin with your business but having been said, you can still add as an payment alternative to whatever services you're offering.

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March 09, 2016, 05:36:29 AM
 #410

As they say 'Don't put all of your eggs in one basket' in this case Bitcoin but diversify your earning potential and reap the rewards from both sources.
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March 09, 2016, 05:38:27 AM
 #411

if you can be serious with bitcoin. then you can make a living even earn more money than working in the real world. if you are serious you will get everything.
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March 09, 2016, 05:39:19 AM
 #412

Earning for extra cash could be the good answer for me.
Helps a lot. And the better thing is I dont need a piggy bank. I will just earn here and let my money grow for a while. It is like a bank on my own with a little twist.

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March 09, 2016, 06:48:57 AM
 #413

if you can be serious with bitcoin. then you can make a living even earn more money than working in the real world. if you are serious you will get everything.


Some of us really serious about bitcoin and left their job just to be a full time bitcoin earner,some of us have been in trading every since bitcoin got to exchanges and they are profiting from the current flow of bitcoin currency.
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March 09, 2016, 07:09:43 AM
 #414

Really you left your job to become a full-time Bitcoiner? How are you feeling now are you happier than before? I doubt I will earn as much money as in my daily job if I were to leave.

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March 09, 2016, 07:27:01 AM
 #415

I don't think that its an good idea to be dependent only on bitcoin, as it would be to risky if you leave your present job and make money only from bitcoins, as you always need some sort of back up to take care of your financial needs.

We cannot rely on bitcoin alone as a source of income, the volatility I think is the one that makes it harder to live with bitcoin alone, specially if you only have few  coins in your wallet and you are not a trader...
Yeah having a real job is way better and you can earn money daily than going full time on bitcoin. In real job you can earn continues while in bitcoin maybe you can earn now but how bout tommorow. Its not totally profitable to make a living.

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March 09, 2016, 07:56:30 AM
 #416

Earning a living with bitcoin is really difficult, if the price fluctuation is very high. Based on the price we need to make a decision whether to have a living with bitcoin or not.

Yeah, you are right. But if you want to living a life on btc, i think you have to be good gambler. Gambler may earn through which it can live its life. Gambling may be possible for the living of life on BTC.
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March 09, 2016, 02:42:12 PM
 #417

You will need a lot of Bitcoin. Because you will never know what can happen in the future. The value is impossible to predict and that is the problem.
You will never know what the price will be, so sometimes you are rich and sometimes you have no money and that is not good.
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March 09, 2016, 04:03:55 PM
 #418

Earning a living with bitcoin is really difficult, if the price fluctuation is very high. Based on the price we need to make a decision whether to have a living with bitcoin or not.

Yeah, you are right. But if you want to living a life on btc, i think you have to be good gambler. Gambler may earn through which it can live its life. Gambling may be possible for the living of life on BTC.

I think you are joking right? What if you don't win and loose everything? And apart from that you also don't have a job which can take care of your financial needs then how you gonna survive mate.
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March 09, 2016, 04:39:15 PM
 #419

Earning a living with bitcoin is really difficult, if the price fluctuation is very high. Based on the price we need to make a decision whether to have a living with bitcoin or not.

Yeah, you are right. But if you want to living a life on btc, i think you have to be good gambler. Gambler may earn through which it can live its life. Gambling may be possible for the living of life on BTC.

I think you are joking right? What if you don't win and loose everything? And apart from that you also don't have a job which can take care of your financial needs then how you gonna survive mate.

I think by being a good gambler he means that you know when to stop and never put all your money into one session. It is indeed gambling make a fast course of gaining money, but without proper caution and calculation, they could also gone in a blink. Hence, a good decision is needed

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nejibens
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March 09, 2016, 04:47:12 PM
 #420

You will need a lot of Bitcoin. Because you will never know what can happen in the future. The value is impossible to predict and that is the problem.
You will never know what the price will be, so sometimes you are rich and sometimes you have no money and that is not good.

I think the Bitcoin's price will rise sooner or later for sure. So holdinf bitcoins couldn't be but a profitable idea in my opinion.
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