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Author Topic: Earning a living with bitcoin?  (Read 158499 times)
harizen
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April 13, 2016, 10:32:08 AM
 #1001

I can earned an average of BTC1 per month by doing various bitcoin earnings method and much more when there's a big increase in price thru trading activity but still Im not satisfied with it (I have a real life job too so multiple source of income). Our life needs to eat at least 3 times a day and also we have basic needs everyday. I said "everyday". Not once a week or once a month. To depend living on bitcoin we are taking advantage of every price fluctuation.

Please don't risk our general needs in life and make it fluctuates too. Earning a living in bitcoin is possible no doubt about that but it's not advisable to make it as a standalone source to support your living. But when there's really no choice then your's to decide.

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rababo
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April 13, 2016, 01:18:20 PM
 #1002

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 bitcoin, because the value is volatile.
FabioDelcatto
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April 13, 2016, 02:10:03 PM
 #1003

Trading is not a good way to earn money for most people due to the trading cost involved. Most people will lose money.

Trading is not a good way to earn money? Well you just don't like to do that method. Don't point your fingers to trading method.
I suggest if you want to maximize your knowledge of bitcoin earning, study more.

Trading is one of the main reason why the price fluctuates that giving you excitement for every bitcoin price volatility that keeping you here in bitcoin world.
It is not good to do that, because it will be better if you are seeing Bitcoin as a bonus or something and just have a daily job that will be nice for you and later also.
That is nice because you never know what the value will be of Bitcoin and that is risky.
knowhow
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April 13, 2016, 02:39:03 PM
 #1004

Well besides faucets,low income ,as you must share the health with others,own projects,can make you earn a decent ammmounts these days,besides this ,i believe gambling and trading you taking a high risk all months to get the income from it.
umaOuma
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April 13, 2016, 04:29:43 PM
 #1005

Well besides faucets,low income ,as you must share the health with others,own projects,can make you earn a decent ammmounts these days,besides this ,i believe gambling and trading you taking a high risk all months to get the income from it.

But the fact is income from gambling and trading is not stable and that is a huge risk, you cannot depend on it for living and that also with the current price of bitcoin.
vrm86
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April 13, 2016, 06:01:27 PM
 #1006

Well besides faucets,low income ,as you must share the health with others,own projects,can make you earn a decent ammmounts these days,besides this ,i believe gambling and trading you taking a high risk all months to get the income from it.

But the fact is income from gambling and trading is not stable and that is a huge risk, you cannot depend on it for living and that also with the current price of bitcoin.

While trading will never be risk-free, it could not be compared to gambling. Sure, if someone is doing trading wrong, it could easily turn into a gamble.
The  point of being a good trader is to minimize risk as much as possible, which requires time, patience, practice,knowledge etc. You can't say similar thing about gambling as in long run you always loose.
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April 13, 2016, 07:09:13 PM
 #1007

I think you need bitcoins to earn bitcoins. Like it is with money in general.
Trading is probably the most efficient way to earn bitcoins, but you have to have some already so that it's worth it.
And you have to accept the risk that goes with it.
This way a living even in the richer countries should be possible.

Trading is not a good way to earn money for most people due to the trading cost involved. Most people will lose money.

I dont think so, most people will lose on trading if they do not have any knowledge on how to trade. But of course not all expert traders are in profit, sometime they lose as well because it trading involve risks like in gambling.

peta4e
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April 13, 2016, 07:59:35 PM
 #1008

I think you need bitcoins to earn bitcoins. Like it is with money in general.
Trading is probably the most efficient way to earn bitcoins, but you have to have some already so that it's worth it.
And you have to accept the risk that goes with it.
This way a living even in the richer countries should be possible.

Trading is not a good way to earn money for most people due to the trading cost involved. Most people will lose money.

I dont think so, most people will lose on trading if they do not have any knowledge on how to trade. But of course not all expert traders are in profit, sometime they lose as well because it trading involve risks like in gambling.


If your life is dependent on trading and gambling then that is not the right track as its always risky as  both the things never promises stable income.
knowhow
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April 14, 2016, 12:24:51 AM
 #1009

For sure the project related to bitcoin can give a residual income ,but never a stable income you never know how many bitcoins you can get from your project since the people who use the service is who has the power.Some people are able to make good trades getting around 2-10btc montly soo those for sure can live from those.
haileysantos95
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April 14, 2016, 07:35:03 AM
 #1010

I think you need bitcoins to earn bitcoins. Like it is with money in general.
Trading is probably the most efficient way to earn bitcoins, but you have to have some already so that it's worth it.
And you have to accept the risk that goes with it.
This way a living even in the richer countries should be possible.

Trading is not a good way to earn money for most people due to the trading cost involved. Most people will lose money.

I dont think so, most people will lose on trading if they do not have any knowledge on how to trade. But of course not all expert traders are in profit, sometime they lose as well because it trading involve risks like in gambling.


If your life is dependent on trading and gambling then that is not the right track as its always risky as  both the things never promises stable income.


Yes it is still better to have a stable job that is related to bitcoin like being a developer but since there is not much job that gives bitcoin as a salary then trading will also fit.
arwin100
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April 14, 2016, 07:39:55 AM
 #1011

I think you need bitcoins to earn bitcoins. Like it is with money in general.
Trading is probably the most efficient way to earn bitcoins, but you have to have some already so that it's worth it.
And you have to accept the risk that goes with it.
This way a living even in the richer countries should be possible.

Trading is not a good way to earn money for most people due to the trading cost involved. Most people will lose money.

I dont think so, most people will lose on trading if they do not have any knowledge on how to trade. But of course not all expert traders are in profit, sometime they lose as well because it trading involve risks like in gambling.


If your life is dependent on trading and gambling then that is not the right track as its always risky as  both the things never promises stable income.


Yes it is still better to have a stable job that is related to bitcoin like being a developer but since there is not much job that gives bitcoin as a salary then trading will also fit.

Yes you can say trading and gambling is not a right track to earn a living. Because we dont relly earn for living in bitcoins all i see for bitcoin is for savings and for emergency money only. But i really agree for tradiNgs is truly the best to make bitcoin multiply its safest because you are the one who control your earnings chances to be lose if you rush buying coins. So better to have decent jobs and make bitcoin as sideline income it cannot replace the real job for living.

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April 14, 2016, 07:40:46 AM
 #1012

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rio3233
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April 14, 2016, 07:51:20 AM
 #1013

My methods to earning a living with bitcoin are always have maximum post on signature campaign, find a giveaway and always joining freeroll poker. That's all free, but you can't earn much from it.
Mastsetad
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April 14, 2016, 09:30:28 AM
 #1014

My methods to earning a living with bitcoin are always have maximum post on signature campaign, find a giveaway and always joining freeroll poker. That's all free, but you can't earn much from it.

Someone really cannot earn a living with just signature campaign, giveaways and freeroll poker.
You may earn some bits from them but they won't be able to pay you enough so that you would not need to have a job in practical world.
It is only possible if someone has some skills to prove himself in online world, skills like designing coding etc.
With any skill like that you can easily earn a living if you give time to your work and concentrate only on it.
beduku22
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April 14, 2016, 10:48:51 AM
 #1015

My methods to earning a living with bitcoin are always have maximum post on signature campaign, find a giveaway and always joining freeroll poker. That's all free, but you can't earn much from it.

Someone really cannot earn a living with just signature campaign, giveaways and freeroll poker.
You may earn some bits from them but they won't be able to pay you enough so that you would not need to have a job in practical world.
It is only possible if someone has some skills to prove himself in online world, skills like designing coding etc.
With any skill like that you can easily earn a living if you give time to your work and concentrate only on it.

Honestly you cant live in bitcoin if you dont have any skill that you can offer in services section also in other people here.. but if you are believe that you can live with bitcoin.
sidrab14
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April 14, 2016, 11:08:34 AM
 #1016

My methods to earning a living with bitcoin are always have maximum post on signature campaign, find a giveaway and always joining freeroll poker. That's all free, but you can't earn much from it.

Someone really cannot earn a living with just signature campaign, giveaways and freeroll poker.
You may earn some bits from them but they won't be able to pay you enough so that you would not need to have a job in practical world.
It is only possible if someone has some skills to prove himself in online world, skills like designing coding etc.
With any skill like that you can easily earn a living if you give time to your work and concentrate only on it.

bitcoins comes as an extra to add to the real job,but for some people this turned into their work,offering a service related to bitcoin.Nowadays is harder to start any project and be able to compete with the current projects running already.
betohell
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April 14, 2016, 11:16:51 AM
 #1017

My methods to earning a living with bitcoin are always have maximum post on signature campaign, find a giveaway and always joining freeroll poker. That's all free, but you can't earn much from it.
I think the only income of sign camp will not be enough to live in bitcoin. you need a lot of money for food and other purposes. You can not just rely on sign camp for primary income dude

adomers
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April 14, 2016, 11:59:29 AM
 #1018

if you have no skills to earn and only signature campaign is your source of bitcoin its better to stay in your real job and make money..
And buy bitcoins if you want to increase your bitcoin..

You can live in bitcoin if you have skills like making a website and can you make a games like other gambling site.
jonatuzc
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April 14, 2016, 12:25:52 PM
 #1019

if you have no skills to earn and only signature campaign is your source of bitcoin its better to stay in your real job and make money..
And buy bitcoins if you want to increase your bitcoin..

You can live in bitcoin if you have skills like making a website and can you make a games like other gambling site.

The bitcoin will have a great impact on our system
stromma44
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April 14, 2016, 01:42:33 PM
 #1020

My methods to earning a living with bitcoin are always have maximum post on signature campaign, find a giveaway and always joining freeroll poker. That's all free, but you can't earn much from it.
I think the only income of sign camp will not be enough to live in bitcoin. you need a lot of money for food and other purposes. You can not just rely on sign camp for primary income dude
Yeah income from signature campaign is not enough for living, as payouts are not too high and it can only take care of your basic stuffs but I don't think you can live comfortably with it.
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