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Author Topic: Earning a living with bitcoin?  (Read 158459 times)
randy8777
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March 21, 2016, 11:01:07 AM
 #621


Earning a living with the bitcoin is possible, but you have to keep in mind its risky to invest a lot of money into the bitcoin.
Due to the fact the bitcoin can collapse and you can lose a lot of money there is a chance that you will not gain any money, and by far no living.

it depends. i know a few people here that do some coding work as a side job to earn some money, and they always convert their bitcoins directly to fiat as they don't feel comfortable holding it in their wallet as the price can go down 10-20% easily in a very short time. these people don't risk anything in this case.
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March 21, 2016, 11:06:50 AM
 #622

Earning a living with is possible if your are earning good amount of money even though its too risky to depend only on bitcoin for living.
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March 21, 2016, 11:18:24 AM
 #623

Why such undergo a risky source of income to support your beautiful life thru bitcoin. Go find other ways.

Take advantage of what bitcoin jobs giving us today rather than making it as an only source of your income.

You can make more money if you will find other ways in real life as a source and bitcoin as a secondary one.

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March 21, 2016, 11:30:25 AM
 #624

Earning a living with is possible if your are earning good amount of money even though its too risky to depend only on bitcoin for living.

It is possible. But i think it's impossible if earning free bitcoin for living. You need balance or bankroll if you want earning a living with bitcoin, you can go gambling or trading.
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March 21, 2016, 11:50:03 AM
 #625

Earning a living with is possible if your are earning good amount of money even though its too risky to depend only on bitcoin for living.

It is possible. But i think it's impossible if earning free bitcoin for living. You need balance or bankroll if you want earning a living with bitcoin, you can go gambling or trading.

But income from gambling and trading is not assured as anything is possible if you loose then you don't have any source of income.
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March 21, 2016, 12:06:42 PM
 #626

-snip-
You dont need to be famous in trading all you need in trading is a lot of capital so when you sell something you will get a lot of money but if you have only a few capital then trading will make your life much harder.
He definitely needs to be famous and expert in trading as with that he can even start with a small amount, trading do not need a large amount of money to start. If you know the strategies and have a little amount so you can start.
eddyubachs
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March 21, 2016, 01:10:48 PM
 #627

-snip-
You dont need to be famous in trading all you need in trading is a lot of capital so when you sell something you will get a lot of money but if you have only a few capital then trading will make your life much harder.
He definitely needs to be famous and expert in trading as with that he can even start with a small amount, trading do not need a large amount of money to start. If you know the strategies and have a little amount so you can start.

Yeah if you have good strategy then you can make a good money with it but i don't think that income would be enough for anyone for a living as you need stable income for living.
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March 21, 2016, 01:58:13 PM
 #628

You can't make more money if you will use your tradings funds to support your living/

Trading funds are just meant for tradings funds to boost your possible income and acquiring when the bitcoin price reachied it's dipping and ups state. If you will just pullout some funds e.g to cover your foods and general expenses 'per day' then you will just wrecked your trading funds.

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March 21, 2016, 02:17:22 PM
 #629

Well if trading i were able to make around 2 btc montly atleast i would be very happy to left my current work.Even knowing that bitcoin is unstable,and can easy drop its price,but i dont believe it will decrease,it will get bigger year over year being worth around 2000 dollars ,atleast are my hopes bitcoin reach that value in around 25 years or more.Why would i work to others if i can survive and have all the things with some lower effort and work.
sachung
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March 21, 2016, 02:51:37 PM
 #630

Well if trading i were able to make around 2 btc montly atleast i would be very happy to left my current work.Even knowing that bitcoin is unstable,and can easy drop its price,but i dont believe it will decrease,it will get bigger year over year being worth around 2000 dollars ,atleast are my hopes bitcoin reach that value in around 25 years or more.Why would i work to others if i can survive and have all the things with some lower effort and work.
it is not easy to make a constant and stable income of bitcoin though, There are no completely direct ways and you would need to search around for quite sometime to make stable profit from it IMO.
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March 21, 2016, 03:02:19 PM
 #631

You can't make more money if you will use your tradings funds to support your living/

Trading funds are just meant for tradings funds to boost your possible income and acquiring when the bitcoin price reachied it's dipping and ups state. If you will just pullout some funds e.g to cover your foods and general expenses 'per day' then you will just wrecked your trading funds.
Agreed, you need an increasing and  a high base to actually build your investment profolito overtime, it won't be a market where you can make a stable salary..... Your trading funds might just decrease overtime.
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March 21, 2016, 03:06:14 PM
 #632

Well if trading i were able to make around 2 btc montly atleast i would be very happy to left my current work.Even knowing that bitcoin is unstable,and can easy drop its price,but i dont believe it will decrease,it will get bigger year over year being worth around 2000 dollars ,atleast are my hopes bitcoin reach that value in around 25 years or more.Why would i work to others if i can survive and have all the things with some lower effort and work.

"If I were able".

You can do that possibly if the price move frequently but it doesn't. Also you can do that if you have larger funds to move even at small margin of price.

Still it's not an assurance that you can make decent earnings if you will use your trading funds to support your general financial purposes. In life there aren't just basic needs. We have misc, emergency, urgent and a so called pop up needs if you got my point.

And keep in mind that we are talking of "living" here. It's a long term and not a joke one.

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March 21, 2016, 03:11:02 PM
 #633

Well if trading i were able to make around 2 btc montly atleast i would be very happy to left my current work.Even knowing that bitcoin is unstable,and can easy drop its price,but i dont believe it will decrease,it will get bigger year over year being worth around 2000 dollars ,atleast are my hopes bitcoin reach that value in around 25 years or more.Why would i work to others if i can survive and have all the things with some lower effort and work.

"If I were able".

You can do that possibly if the price move frequently but it doesn't. Also you can do that if you have larger funds to move even at small margin of price.

Still it's not an assurance that you can make decent earnings if you will use your trading funds to support your general financial purposes. In life there aren't just basic needs. We have misc, emergency, urgent and a so called pop up needs if you got my point.

And keep in mind that we are talking of "living" here. It's a long term and not a joke one.

The price moves enough to make a living from day trading, most assets don't move as much as Bitcoin, but he would need to take way too much risk to make those profits since 2 BTC is too much for him.
You can try margin trading but you can end up in debt.. not a good idea unless you see it super clear (like the halving hype which will make the price go up 99.99% guaranteed).
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March 21, 2016, 03:16:05 PM
 #634

You can't make more money if you will use your tradings funds to support your living/

Trading funds are just meant for tradings funds to boost your possible income and acquiring when the bitcoin price reachied it's dipping and ups state. If you will just pullout some funds e.g to cover your foods and general expenses 'per day' then you will just wrecked your trading funds.

earning a living with bitcoin is really possible but you must not rely here alone. There are lots of financial opportunity you can do while at the same time doing your usual method in bitcoin.
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March 21, 2016, 03:25:20 PM
 #635

It is a dream for me!.. I'm living in Canada and I want a home office job. The number of BTC jobs which allows home office working style is increasing day by day...

Maybe one day... I have hope!..  Grin
Perhaps you can get something like this one day, The market is increasing and your country is one of the most popular being related to bitcoin so I think it has potential.
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March 21, 2016, 03:25:33 PM
 #636

You can't make more money if you will use your tradings funds to support your living/

Trading funds are just meant for tradings funds to boost your possible income and acquiring when the bitcoin price reachied it's dipping and ups state. If you will just pullout some funds e.g to cover your foods and general expenses 'per day' then you will just wrecked your trading funds.

earning a living with bitcoin is really possible but you must not rely here alone. There are lots of financial opportunity you can do while at the same time doing your usual method in bitcoin.

but for now bitcoin is very good for a living. if you're lucky and smart, you can get more than a real job.

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March 21, 2016, 03:43:39 PM
 #637

Well if trading i were able to make around 2 btc montly atleast i would be very happy to left my current work.Even knowing that bitcoin is unstable,and can easy drop its price,but i dont believe it will decrease,it will get bigger year over year being worth around 2000 dollars ,atleast are my hopes bitcoin reach that value in around 25 years or more.Why would i work to others if i can survive and have all the things with some lower effort and work.

"If I were able".

You can do that possibly if the price move frequently but it doesn't. Also you can do that if you have larger funds to move even at small margin of price.

Still it's not an assurance that you can make decent earnings if you will use your trading funds to support your general financial purposes. In life there aren't just basic needs. We have misc, emergency, urgent and a so called pop up needs if you got my point.

And keep in mind that we are talking of "living" here. It's a long term and not a joke one.

The price moves enough to make a living from day trading, most assets don't move as much as Bitcoin, but he would need to take way too much risk to make those profits since 2 BTC is too much for him.
You can try margin trading but you can end up in debt.. not a good idea unless you see it super clear (like the halving hype which will make the price go up 99.99% guaranteed).

Again risk. That's why don't rely too much on bitcoin to support your living. And besides you can do other financial source of income while doing trades. It's lot wiser.

You can't make more money if you will use your tradings funds to support your living/

Trading funds are just meant for tradings funds to boost your possible income and acquiring when the bitcoin price reachied it's dipping and ups state. If you will just pullout some funds e.g to cover your foods and general expenses 'per day' then you will just wrecked your trading funds.

earning a living with bitcoin is really possible but you must not rely here alone. There are lots of financial opportunity you can do while at the same time doing your usual method in bitcoin.

but for now bitcoin is very good for a living. if you're lucky and smart, you can get more than a real job.

Again "if".

Next page now.

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kuntulu
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March 21, 2016, 03:51:02 PM
 #638

You can't make more money if you will use your tradings funds to support your living/

Trading funds are just meant for tradings funds to boost your possible income and acquiring when the bitcoin price reachied it's dipping and ups state. If you will just pullout some funds e.g to cover your foods and general expenses 'per day' then you will just wrecked your trading funds.

earning a living with bitcoin is really possible but you must not rely here alone. There are lots of financial opportunity you can do while at the same time doing your usual method in bitcoin.

do wanna know how can i make living with Bitcoins ! I am here ready to learn and follow anybody who are doing good now in trading or anything to make living with bitcoins.
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March 21, 2016, 05:43:13 PM
 #639

You can't make more money if you will use your tradings funds to support your living/

Trading funds are just meant for tradings funds to boost your possible income and acquiring when the bitcoin price reachied it's dipping and ups state. If you will just pullout some funds e.g to cover your foods and general expenses 'per day' then you will just wrecked your trading funds.

earning a living with bitcoin is really possible but you must not rely here alone. There are lots of financial opportunity you can do while at the same time doing your usual method in bitcoin.

do wanna know how can i make living with Bitcoins ! I am here ready to learn and follow anybody who are doing good now in trading or anything to make living with bitcoins.
Honestly its hard to live in bitcoin and quit for a job unless if you have a skills to offer in services section and you hae a skills to be a multi tasker..  you can live in bitcoin or start a business.. here online.. but for now you should save more bitcoins to start business here in online like other business here like gambling

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March 21, 2016, 05:47:19 PM
 #640

Think sometimes it is hard to see issues clearly when it comes to making money through bitcoin.
Relating to gambling I will start a day with a number I think I can reach and tend to never get close to that,but somewhere in my head I think it attainable. So I am working on a bias that needs to be shaken.
Mention this because its very common for people to ask how they can make set amount per month or a living off bitcoin. Trading,faucets and gambling are the most obvious and all tend to have more losers than winners in the end.
The slower you work on building a financial base the more likely you are to profit long term. So do not push to hard or fast in any aspect to build the nest egg.

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