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Author Topic: Earning a living with bitcoin?  (Read 158498 times)
tampazeus
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May 21, 2016, 09:46:00 AM
 #1361



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.

Exactly, and the earnings from bitcoin can be helpful at the time of emergencies, you  can keep your coins intact for future and can sell when the price goes higher, its an good extra income to earn.
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May 21, 2016, 10:05:38 AM
 #1362

I don't know anyone who makes living exclusively with Bitcoin butw it could be a good source for extra earning or maybe invested in longterm savings.

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May 21, 2016, 12:08:22 PM
 #1363

You can get your services paid in bitcoins and hence earn a living with bitcoins
geopolisch
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May 22, 2016, 05:28:42 AM
 #1364

Earning a living with btc is possible if you an earn like $100 a day. Doing jobs for bitcoin is one option. I know people who earns bigger than the minimum wage by just freelancing.
Cyaren
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May 22, 2016, 08:17:16 AM
 #1365

Earning a living with btc is possible if you an earn like $100 a day. Doing jobs for bitcoin is one option. I know people who earns bigger than the minimum wage by just freelancing.

It is possible to earn a living with bitcoin, yes. But even $100 a day isn't that much here in First World countries. You wouldn't buy yourself a comfortable lifestyle with $3k a month.

But it is possible to make money consistently, with bitcoin, yes. Trading is a pretty good profession if you can master the markets. But you've gotta be devoted to learn all the concepts and basics of bitcoin.
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May 22, 2016, 10:18:21 AM
 #1366

Earning a living with btc is possible if you an earn like $100 a day. Doing jobs for bitcoin is one option. I know people who earns bigger than the minimum wage by just freelancing.
$100/day it was very possible. but for me 1-2BTC/month it is very feasible to earn a living from bitcoin, the cost of living is very low, especially I simple life.
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May 22, 2016, 12:21:05 PM
 #1367

I don't know anyone who makes living exclusively with Bitcoin butw it could be a good source for extra earning or maybe invested in longterm savings.
if you live in bitcoin is not just crops or salary only that are in bitcoin. but you should always use bitcoin as your main currency dude and if you want to buy food or drinks and other needs life you have to pay with bitcoin?
yeah its impossible? therefore living in bitcoin not support yet dude


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An0nym0us
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May 22, 2016, 12:22:59 PM
 #1368

Earning a living with btc is possible if you an earn like $100 a day. Doing jobs for bitcoin is one option. I know people who earns bigger than the minimum wage by just freelancing.
$100/day it was very possible. but for me 1-2BTC/month it is very feasible to earn a living from bitcoin, the cost of living is very low, especially I simple life.

If your cost of living is not too high then you can surely earn a living with bitcoin, but the only thing you need to do is try to earn as maximum possible, so even if price drops it can take care of you.
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May 22, 2016, 02:49:00 PM
 #1369

Earning a living with btc is possible if you an earn like $100 a day. Doing jobs for bitcoin is one option. I know people who earns bigger than the minimum wage by just freelancing.
Since I live in Asia $100 a day is pretty amount but if you have your own family I guess its too low. Also one problem is the consistency of earning not everyday is you can earn such amount so still it would be hard I guess.
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May 22, 2016, 04:15:43 PM
 #1370

I have friends who support her family by finding bitcoin, he did not have a job, but the income he makes on bitcoin was a very unusual lot, so I guess he succeeded in making life with bitcoin

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May 22, 2016, 04:17:07 PM
 #1371

Nothing impossible nowday i think, if people working with effort, living on earnings with bitcoin is real. Only one problem here, it's require expereince in bitcoin sphere.

bob123
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May 22, 2016, 04:38:40 PM
 #1372

Not too much people earn enough off bitcoin trading.
Quite a few earn money via investments.. let the money work for you

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May 22, 2016, 04:43:21 PM
 #1373

Not too much people earn enough off bitcoin trading.
Quite a few earn money via investments.. let the money work for you
Because trading required a skill that have to learn, and it's not easy. But investments required less skill than trading does.

faucet used to be profitable
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May 22, 2016, 04:55:49 PM
 #1374

Not too much people earn enough off bitcoin trading.
Quite a few earn money via investments.. let the money work for you
Because trading required a skill that have to learn, and it's not easy. But investments required less skill than trading does.

For both you need to do yor own due diligence. It's not that investing caries less risk, it's just a different kind of risk. Because for that matter you can lose all your money.
So even being a full time investor is quite hard. From my experience it's not just about investing as it is about helping your investment too.

Which can give your a head start.
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May 22, 2016, 05:24:38 PM
 #1375

I think its not possible for me to earn a living with bitcoin as you really need a good amount to earn a living with it and that is not possible for majority for  us.
darewaller
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May 23, 2016, 07:19:30 AM
 #1376

Earning a living with btc is possible if you an earn like $100 a day. Doing jobs for bitcoin is one option. I know people who earns bigger than the minimum wage by just freelancing.
$100/day it was very possible. but for me 1-2BTC/month it is very feasible to earn a living from bitcoin, the cost of living is very low, especially I simple life.

If your cost of living is not too high then you can surely earn a living with bitcoin, but the only thing you need to do is try to earn as maximum possible, so even if price drops it can take care of you.
For a decent life, we would need at least 5BTC (considering the current value) to survive, minus all the necessary expenses such as food, shelter, clothing, utilities, bills, etc. That's probably the average amount a first worlder earn converted to cash.
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May 23, 2016, 07:28:16 AM
 #1377

Not too much people earn enough off bitcoin trading.
Quite a few earn money via investments.. let the money work for you

I think some people make some good money with it if I'm honest its just all about that strategy you are having with trading.
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May 23, 2016, 07:28:38 AM
 #1378

Before it is possible to earn a living thru bitcoin mining when it was still profitable, nowadays the only thing left profitable is trading nothing else.

ElpadroBitcoin
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May 23, 2016, 08:18:28 AM
 #1379

I don't know anyone who makes living exclusively with Bitcoin butw it could be a good source for extra earning or maybe invested in longterm savings.
I also do know anybody that makes a living out of Bitcoin. The price is changing slowly so it is not possible to make a living right now unless you invest so much money in to it that when you sell you still make allot of money.
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May 23, 2016, 09:20:19 AM
 #1380

Not too much people earn enough off bitcoin trading.
Quite a few earn money via investments.. let the money work for you

I think some people make some good money with it if I'm honest its just all about that strategy you are having with trading.

Oh and the patience of course. The waiting time could be really long but it will be all worth it once the numbers change and is on the winning side for you.

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