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Author Topic: Earning a living with bitcoin?  (Read 158489 times)
Altcoinsupporter
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May 19, 2016, 03:05:20 PM
 #1341

It would be not that smart and that is because you also dont even know what is going to happen with Bitcoin and that is the problem because you need also to take some risks.
And it would be nice of course if you can earn some money with it but that can also takes a long time until the value will be more.

So you cant also control yourself and that is too risky for yourself and later in the future.
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May 19, 2016, 04:15:27 PM
 #1342

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?

i don't learn for a living from bitcoins, but  i get some money that i spend online usually, if you are new to bitcoins then i think you should buy some bitcoins and keep them in your wallet and wait for price rise

but if you aren't new, then you can try to do same thing as i don, bitcoin trading, it requires some work and knowledge, but it is very profitable thing to do with bitcoins

 
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SquallLeonhart
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May 19, 2016, 04:18:06 PM
 #1343

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?

i don't learn for a living from bitcoins, but  i get some money that i spend online usually, if you are new to bitcoins then i think you should buy some bitcoins and keep them in your wallet and wait for price rise

but if you aren't new, then you can try to do same thing as i don, bitcoin trading, it requires some work and knowledge, but it is very profitable thing to do with bitcoins

Trading is good if you hold good knowledge of it but you simply cannot depend on it for living as trading is risky too and your decision can go the other way, so be careful.
BitcoinPaw
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May 19, 2016, 05:39:14 PM
 #1344

At my opinion all earnings from bitcoin if it's your olny one way of income, wasting so fast. I think need to have other income exept bitcoin to live wihtout problems.

tampazeus
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May 19, 2016, 05:46:58 PM
 #1345

At my opinion all earnings from bitcoin if it's your olny one way of income, wasting so fast. I think need to have other income exept bitcoin to live wihtout problems.

Yeah you cannot rely on bitcoin for living as it will be really bad for you if bitcoin disappears in future, its better to treat bitcoin as an extra income.
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May 19, 2016, 05:51:13 PM
 #1346

At my opinion all earnings from bitcoin if it's your olny one way of income, wasting so fast. I think need to have other income exept bitcoin to live wihtout problems.

I think it really depends on the fact how you invest the bitcoin and what methods and plans you have to earn a living from the bitcoin.
I consider it as possible but hard to succeed.


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May 19, 2016, 07:14:19 PM
 #1347

At my opinion all earnings from bitcoin if it's your olny one way of income, wasting so fast. I think need to have other income exept bitcoin to live wihtout problems.

I think it really depends on the fact how you invest the bitcoin and what methods and plans you have to earn a living from the bitcoin.
I consider it as possible but hard to succeed.

At this stage and with current price I don't think its possible to earn a living with it, and if you still prefer to do it then your life is surely at risk.
jhenfelipe
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May 19, 2016, 10:52:46 PM
 #1348

At my opinion all earnings from bitcoin if it's your olny one way of income, wasting so fast. I think need to have other income exept bitcoin to live wihtout problems.

Yeah you cannot rely on bitcoin for living as it will be really bad for you if bitcoin disappears in future, its better to treat bitcoin as an extra income.
That's why it's better to have some knowledge that can be use in earning both bitcoin and your currency. Just like, blogging, photo editing, programming, etc. You can use that skills to earn bitcoin and also IF EVER bitcoin doesn't have worth anymore(but hopefully not), you can still use your knowledge to earn money in your currency.
martinacar
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May 19, 2016, 11:27:22 PM
 #1349

At my opinion all earnings from bitcoin if it's your olny one way of income, wasting so fast. I think need to have other income exept bitcoin to live wihtout problems.

I think it really depends on the fact how you invest the bitcoin and what methods and plans you have to earn a living from the bitcoin.
I consider it as possible but hard to succeed.

Its possible without any doubts, its only that you have to believe in it and be busy with the bitcoin 24/7.
You can most likely not have a normal job anymore if you want to do this.
romero121
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May 20, 2016, 11:48:13 AM
 #1350

At my opinion all earnings from bitcoin if it's your olny one way of income, wasting so fast. I think need to have other income exept bitcoin to live wihtout problems.

I think it really depends on the fact how you invest the bitcoin and what methods and plans you have to earn a living from the bitcoin.
I consider it as possible but hard to succeed.

Its possible without any doubts, its only that you have to believe in it and be busy with the bitcoin 24/7.
You can most likely not have a normal job anymore if you want to do this.

As quoted living with the earning from bitcoin is possible, but as suggested you can't lead a life as you lead through the day job. Better earning is possible through gambling and other trading aspects.

Golftech
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May 20, 2016, 11:53:30 AM
 #1351

for me it is only possible if you know how trading works because most of earnings come between gambling and trading so if you live using only bitcoin make it sure that you have proper understanding with dealing from trading platform.
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May 20, 2016, 11:58:46 AM
 #1352

At my opinion all earnings from bitcoin if it's your olny one way of income, wasting so fast. I think need to have other income exept bitcoin to live wihtout problems.

I think it really depends on the fact how you invest the bitcoin and what methods and plans you have to earn a living from the bitcoin.
I consider it as possible but hard to succeed.

Its possible without any doubts, its only that you have to believe in it and be busy with the bitcoin 24/7.
You can most likely not have a normal job anymore if you want to do this.

As quoted living with the earning from bitcoin is possible, but as suggested you can't lead a life as you lead through the day job. Better earning is possible through gambling and other trading aspects.

You cannot afford to trust gambling for living and if you are thinking like that then you are putting your and your family's life in trouble, but trading can surely help you.
Iceborn
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May 20, 2016, 01:38:35 PM
 #1353

It is really hard to know what is going to happen with Bitcoin and that is the problem and there is also a high chance that you can lose some money with it and that would be bad.
But you have to be lucky and also smart if you are going to win some money with it and earn profit you need also patience for it to get that.
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May 20, 2016, 01:45:41 PM
 #1354

It is really hard to know what is going to happen with Bitcoin and that is the problem and there is also a high chance that you can lose some money with it and that would be bad.
But you have to be lucky and also smart if you are going to win some money with it and earn profit you need also patience for it to get that.

Yeah your right with that not all people here earning big with bitcoin and price is unstable and really trie with that is ypu cannot earn a living with bitcoin, becaus our earning daily is not really stable, but 4their are some others are help by bitcoins and those people are jobless and help by bitcoin to have money so they can sustain their job finding bitcoin os big help to community it help many people in financial aspects temporarily.

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May 21, 2016, 06:27:49 AM
 #1355

It is really hard to know what is going to happen with Bitcoin and that is the problem and there is also a high chance that you can lose some money with it and that would be bad.
But you have to be lucky and also smart if you are going to win some money with it and earn profit you need also patience for it to get that.

i agree, this volatility of bitcoin price is annoying and a big obstacle in from of bitcoin and its adoption in my opinion. although this volatility has been reduced a lot over the years and as the market grows bigger this becomes less and less of an issue.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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May 21, 2016, 07:07:46 AM
 #1356

It is really hard to know what is going to happen with Bitcoin and that is the problem and there is also a high chance that you can lose some money with it and that would be bad.
But you have to be lucky and also smart if you are going to win some money with it and earn profit you need also patience for it to get that.

i agree, this volatility of bitcoin price is annoying and a big obstacle in from of bitcoin and its adoption in my opinion. although this volatility has been reduced a lot over the years and as the market grows bigger this becomes less and less of an issue.

The problem is that the stability we've been seeing the past weeks in Bitcoin doesn't really mean a lot, you can't compare it to fiat stability for instance. The fact that the Bitcoin network is not regulated and primarily relies on trust means that there are lots of factors could easily cause the value to plummet. It's true that more people using Bitcoin would bring better stability, unfortunately for as long as Bitcoin remains lawless it cannot really appeal to the masses.
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May 21, 2016, 07:11:36 AM
 #1357

At my opinion all earnings from bitcoin if it's your olny one way of income, wasting so fast. I think need to have other income exept bitcoin to live wihtout problems.
I think it's not a problem to get revenue only from bitcoin. as long as wages or salary you get ends meet life and you have a fixed income and fixed employment

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May 21, 2016, 08:01:35 AM
 #1358

At my opinion all earnings from bitcoin if it's your olny one way of income, wasting so fast. I think need to have other income exept bitcoin to live wihtout problems.
I think it's not a problem to get revenue only from bitcoin. as long as wages or salary you get ends meet life and you have a fixed income and fixed employment

Yes but maybe as for a short range of time only. We don't know what will happen to bitcoin after a week, a month, a year so i guess it will be good if you have a real stable job or business.
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May 21, 2016, 08:22:47 AM
 #1359

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?


Not yet earning anything, hope to earn something later on from bitcoin & altcoin trading later on.

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May 21, 2016, 09:40:00 AM
 #1360



Yes but maybe as for a short range of time only. We don't know what will happen to bitcoin after a week, a month, a year so i guess it will be good if you have a real stable job or business.

You know bitcoin earnings can make you to a state of supporting your living but it's better to make those bitcoin earnings as financial backup. If you don't mind not to spend your beloved coins then better just rotate it in virtual world and have your fiat currency do the job to support you. Of course this will only be possible if you have fixed source of income. With this kind of practice, whenever you need some big money, you now have some nice backup which bitcoin earning does.

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