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Author Topic: Earning a living with bitcoin?  (Read 158498 times)
kurt14
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March 12, 2016, 01:44:18 PM
 #441

No, I just can't rely on bitcoin, price is too volatile, and probably needs a double capital so that when the price is down,  you still have fund to be released for your real life expenses...
knowhow
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March 12, 2016, 02:25:30 PM
 #442

You cannot made money from nothing.
If you want to earn decent money you must invest decent money. And if you are smart you can make good profit every day on exchanges. But how can you trust someone who hold yours private keys?
If you invest now 20000 euros you can live from trades. Or you can possible double it in few months. This sounds very sexy! But there is much more chance for you to be ripped off.

Well im pretty sure you with 20k euros will being able to make a huge profit by a small moove,soo you can trade some altcoin daily the same way you can make it only at bitcoin,but altcoins these days are getting soo easy a bump that they are starting to ge the main investment before halving.
stromma44
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March 12, 2016, 02:29:31 PM
 #443

Bitcoin is "extra" let it be a extra at a moment, cannot expect that high from it and relying only on it for living is the weird decision to make, I will always treat it as a secondary income and not the primary one.
jethrorn99
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March 12, 2016, 04:53:09 PM
 #444

It's easier if you live in a third world country (or China) to earn a living with BTC.

You'll need to have great skills to do services, get big on trading, or good in altcoin investment to earn a living.

It's pretty hard to earn a living with only Sig Campaign.
eddyubachs
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March 12, 2016, 07:43:40 PM
 #445

It's easier if you live in a third world country (or China) to earn a living with BTC.

You'll need to have great skills to do services, get big on trading, or good in altcoin investment to earn a living.

It's pretty hard to earn a living with only Sig Campaign.

That's true if you want to earn a living with bitcoin then you need to be multi talented with variety of skills and if you possess that that you can easily earn a living with it or else it would be really difficult to do that.
newcoins1978
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March 12, 2016, 08:15:25 PM
 #446

It's easier if you live in a third world country (or China) to earn a living with BTC.

You'll need to have great skills to do services, get big on trading, or good in altcoin investment to earn a living.

It's pretty hard to earn a living with only Sig Campaign.

Yeah for Western people the amount of money to be made with bitcoin is limited. Also the price is low compared to a normal salary.
For Eastern countries earning 1 bitcoin a month is good enough to live on. Especially if you live in a village.
holydarkness
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March 12, 2016, 09:01:19 PM
 #447

It's easier if you live in a third world country (or China) to earn a living with BTC.

You'll need to have great skills to do services, get big on trading, or good in altcoin investment to earn a living.

It's pretty hard to earn a living with only Sig Campaign.

Why would living in china helps us earning btc for living easier? Its not a third world at all. Do they have a policy or something regarding BTC that made it easier?

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gkv9
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March 12, 2016, 09:04:54 PM
 #448

It's easier if you live in a third world country (or China) to earn a living with BTC.

You'll need to have great skills to do services, get big on trading, or good in altcoin investment to earn a living.

It's pretty hard to earn a living with only Sig Campaign.

It's easier when the payments come smoothly...
And guess what, even if they don't, you are assured to get them bi-weekly for sure, this is awesome that you get paid weekly or bi-weekly instead of waiting a whole month, and this only works if you have a good rank here... Wink
I am living on Bitcoins, yes I commit it's becoming a bit problematic for me to live on signature camps but I am managing it anyhow...

TippingPoint
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March 12, 2016, 10:00:49 PM
Last edit: March 12, 2016, 11:45:54 PM by TippingPoint
 #449

Depending on your location, it may be beneficial for you to become a buyer and seller of Bitcoins.  List yourself on localbitcoins and Craigslist.  Display a ball cap, t-shirt, bumper sticker, or button that helps to start the conversation when you want to.  Be prepared to patiently answer a lot of questions.  Learn how to help people download and install a wallet, and how to close a sale.  It is never "Do you want to buy some Bitcoin?"  It is more like "How much Bitcoin do you want to start with?"  Cultivate a network of contacts.  Be reachable.  Read the "tips for local transactions" thread at https://bitcointalk.org/index.php?topic=137272.0
Be familiar with a "wide range" of goods and services available with Bitcoin, but remain law-abiding.  




nejibens
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March 12, 2016, 11:22:24 PM
 #450

Earning a living with bitcoin is just like earning a living with fiat, you work hardly so you can earn a living, but with bitcoins there is more ways to earn than fiat, like holding bitcoins and trading altcoins.
jethrorn99
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March 13, 2016, 01:00:57 PM
 #451

It's easier if you live in a third world country (or China) to earn a living with BTC.

You'll need to have great skills to do services, get big on trading, or good in altcoin investment to earn a living.

It's pretty hard to earn a living with only Sig Campaign.

Why would living in china helps us earning btc for living easier? Its not a third world at all. Do they have a policy or something regarding BTC that made it easier?
In china, even tho they are not a third world country but everything there is much much cheaper than in US or Germany.

$1 in there and you could buy foods and drinks. In the US? only 1 bottle of water or so.
withche.07
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March 13, 2016, 01:04:26 PM
 #452

You can basically ride bus 2 times with $1 in my country.
So it really is a thing to live with btc but you need to invest much more.

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JosNekoKopa
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March 13, 2016, 01:20:46 PM
 #453

Well im pretty sure you with 20k euros will being able to make a huge profit by a small moove,soo you can trade some altcoin daily the same way you can make it only at bitcoin,but altcoins these days are getting soo easy a bump that they are starting to ge the main investment before halving.
Sometimes i caught myself thinking about loaning big money before halving and invest it in Bitcoin.
Only this "one trade" can make you good money for start.
But common sense stopping me from doing such thing, nobody promised me rise to 600$.
gerXhonza
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March 13, 2016, 05:20:56 PM
 #454

It will be good to earn a living with bitcoin but it also depends on the value of bitcoin as if the value is good in future then you can surely earn a living with it, but still a bit risky to depend only on it.
martinacar
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March 13, 2016, 05:38:52 PM
 #455

You can basically ride bus 2 times with $1 in my country.
So it really is a thing to live with btc but you need to invest much more.

Yes for the eastern countries it's very much possible to live out of bitcoin. It's relatively easy to earn 1 BTC per month. And in those countries
you can lead a normal life by earning 1 bitcon per month. In the US 1 Bitcon will not even bring your halfway throughout the month.
starbook
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March 13, 2016, 05:43:52 PM
 #456

Well im pretty sure you with 20k euros will being able to make a huge profit by a small moove,soo you can trade some altcoin daily the same way you can make it only at bitcoin,but altcoins these days are getting soo easy a bump that they are starting to ge the main investment before halving.
Sometimes i caught myself thinking about loaning big money before halving and invest it in Bitcoin.
Only this "one trade" can make you good money for start.
But common sense stopping me from doing such thing, nobody promised me rise to 600$.

You shouldnt try a big loan to go into bitcoin,even knowing that the price should go up ,i had that idea last year when price were at 250dollars,but i had requested already a loan and i were paying in on the time,if i had made that i would had sucess since price is 140 dollars difference between,i would had paid the loan with  two weeks or less.But well i wont advise you to make a loan to go bitcoin,if you can pay it without the halving potencial income make it,risk otherwise dont risk to get a loan just to try make an income at bitcoin.
Hellacopter
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March 14, 2016, 01:10:15 AM
 #457

Earning a living with bitcoin is pretty possible but needs already working or starting with good invested amount. For some countries where the living's level is low i think even small amounts of bitcoins could help their people to earn living with bitcoin
Kollor
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March 14, 2016, 08:43:04 AM
 #458

I'm afraid you would be having a problem sustaining your life if you would just rely it in bitcoin, most of those who are engage in trading still have other jobs, considering that they are earning in it.. It means that it is not a sustainable source to rely on.. bitcoin is good, yes, we all know that, but I don't think that you could survive with it alone...
n0ne
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March 14, 2016, 10:30:43 AM
 #459

Earning a living with bitcoin is pretty possible but needs already working or starting with good invested amount. For some countries where the living's level is low i think even small amounts of bitcoins could help their people to earn living with bitcoin

Accepted, but the real fact behind bitcoin is, it needs a external investment from our day time job. Just with bitcoin earning a comfortable living is not possible.

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March 14, 2016, 10:41:42 AM
 #460

Earning a living with bitcoin is pretty possible but needs already working or starting with good invested amount. For some countries where the living's level is low i think even small amounts of bitcoins could help their people to earn living with bitcoin

Accepted, but the real fact behind bitcoin is, it needs a external investment from our day time job. Just with bitcoin earning a comfortable living is not possible.

bitcoin even free of taxes. so to make a living in bitcoin really comfortable and not have to work hard.

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