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Author Topic: Earning a living with bitcoin?  (Read 158465 times)
Doms
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May 23, 2016, 09:38:02 AM
 #1381

I earn some on bitcoin, but not enough to be considered a living. It's just an added income on the side and to add budget to buy more bitcoin while there are price dips here and there. Maybe moving up a couple of ranks more would make my earnings somewhat relevant, but for now, it is what it is.
Labumi
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May 23, 2016, 09:42:29 AM
 #1382

I earn some on bitcoin, but not enough to be considered a living. It's just an added income on the side and to add budget to buy more bitcoin while there are price dips here and there. Maybe moving up a couple of ranks more would make my earnings somewhat relevant, but for now, it is what it is.

Your mind still focused on your life, so you need something that can grow rapidly and could help your living needs. Something big and old things definitely need quite a long process, different from anything great but briefly. You should consider your investment for Bitcoin before sorry
dsattler
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May 23, 2016, 09:47:04 AM
 #1383

Maybe moving up a couple of ranks more would make my earnings somewhat relevant, but for now, it is what it is.

I've asked myself how relevant the member rank here on bitcointalk really is for trades and therefor put up a vote about it:
https://bitcointalk.org/index.php?topic=1481446

Thanks for taking part in it! Your opinion is very valuable to me!

Bitcointalk member since 2013! Smiley
Labumi
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May 23, 2016, 09:54:45 AM
 #1384

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.

Yup, mining is indeed very profitable when we have his instrument. But for those of us who do not have enough capital is extremely detrimental to the mining, then because the tool requires lots of care. The only way a very profitable indeed trade
SpeedyCapo
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May 23, 2016, 12:42:41 PM
 #1385

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.
That is bad with Bitcoin and that is because it is risky if you are going all in and that is bad but you have to know that it always can change.
So it is really risky what is going to happen and that is the problem with Bitcoin.
peta4e
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May 23, 2016, 12:52:30 PM
 #1386

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.
That is bad with Bitcoin and that is because it is risky if you are going all in and that is bad but you have to know that it always can change.
So it is really risky what is going to happen and that is the problem with Bitcoin.

Exactly price fluctuations will never allow you to earn stable income from bitcoin, its better to have a full time job and earn bitcoin in your extra time.
grapevinebitcoin
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May 23, 2016, 12:59:25 PM
 #1387

The guys at Localbitcoins.com seem to do pretty well for themselves. Although, you have to have a pretty decent capital base for that to work out.
Arcteryx
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May 23, 2016, 01:01:58 PM
 #1388

It is possible but you will not get rich with it unless you are taking risk with it. Like using it to invest or gamble with. But that would interfere with your living expenses.
So no, it is not possible in my eyes.

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dezoel
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May 23, 2016, 01:12:29 PM
 #1389

It is possible but you will not get rich with it unless you are taking risk with it. Like using it to invest or gamble with. But that would interfere with your living expenses.
So no, it is not possible in my eyes.

Life depending on gambling for living will be very risky, as you are not aware what would be the outcome, and to earn a living with bitcoin you need to earn at least 3 to 4 btc per month to have a good life.

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May 23, 2016, 01:44:28 PM
 #1390

As of now, No. I consider my income in bitcoin as an extra income as i have my main source for a living and may bitcoin income is quite enough to sustain my daily expenditures.Hoping to increase my bitcoin income in the future.
yeah i was thinking the same as you though my income from bitcoin is big enough. I do not need to quit my job and live in bitcoin fully.while you can be very easy to set the time between real job and bitcoin.
bitcoin works in almost all of them are very simple

But I am still could not find enough earning with the bitcoins. If you share how we can make big amounts of money only from bitcoin related opportunities, but would be gratefully helpful. Making a living out of bitcoin still a dream for me.

Well, your bitcointalk account rank is hero member. You can earn much bitcoin by joining signature campaign, me also hard to earn a living with bitcoin.
are you sure just Rely on income from only a signature campaign? earnings in the signature campaign for the hero may be only about 0.3 per month. probably worth about $ 130 and I think it is still too small. even you can not cover the cost of the money just needs $130 you need a better job again dude
bitcoinhopper
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May 23, 2016, 01:44:59 PM
 #1391

The bad thing of Bitcoin is that nobody will know what is going to happen with Bitcoin and that is the problem but you have to know that there will be a lot of people that is going to have some Bitcoin.
But the most are hoping that the value will be more worth so that is nice.

Red-Apple
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May 23, 2016, 01:50:30 PM
 #1392

The bad thing of Bitcoin is that nobody will know what is going to happen with Bitcoin and that is the problem but you have to know that there will be a lot of people that is going to have some Bitcoin.
But the most are hoping that the value will be more worth so that is nice.

what is going to happen to bitcoin is not something that would be unclear. it can speculated and predicted to some extent. and this is true about any technology that is new and unknown.

i don't see this as a problem, and even if it is a problem it is a small one at best.

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May 23, 2016, 01:57:31 PM
 #1393

The guys at Localbitcoins.com seem to do pretty well for themselves. Although, you have to have a pretty decent capital base for that to work out.

Indeed if you do not have this you will fail at the end for sure without any doubts, I think if you do it on a good way its no problem at all.
You need good reviews and also a lot of money to invest in at its first place.
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May 23, 2016, 08:18:14 PM
 #1394

It is possible but you will not get rich with it unless you are taking risk with it. Like using it to invest or gamble with. But that would interfere with your living expenses.
So no, it is not possible in my eyes.

Life depending on gambling for living will be very risky, as you are not aware what would be the outcome, and to earn a living with bitcoin you need to earn at least 3 to 4 btc per month to have a good life.
Earning that much with gambling must come with either extensive research and high amount of experience or at least someone tipping you/advising you with that much experience. I'd stay away from gambling if I would want to make a decent and stable income with bitcoins.

Actually, even with real money. But that's me. Anyone can do whatever they prefer.
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May 23, 2016, 08:25:21 PM
 #1395

Yes, there are some guys that do it.
Crazygreek
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May 23, 2016, 09:21:36 PM
 #1396

I know that exerienced miners and many traders linving on money earned from bitcoin but i am so bad to live on earnings with bitcoin, still need to learn a lot of different stuff.

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May 24, 2016, 03:01:35 AM
 #1397

Yes, there are some guys that do it.

Yeah, there are, but it doesn't mean that they solely starts from bitcoin alone, mostly they pour in capital, resources, time and effort, take note that they might not begin small time.

I know that exerienced miners and many traders linving on money earned from bitcoin but i am so bad to live on earnings with bitcoin, still need to learn a lot of different stuff.

If we want to earn more bitcoin, it is a must that we learn lots of techniques and skills, a single way of earning bitcoin is not enough,mostly online jobs won't last long so we need more of it to sustain a living if we dream of living in the comfort of our homes.
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May 24, 2016, 08:34:00 AM
 #1398

I know that exerienced miners and many traders linving on money earned from bitcoin but i am so bad to live on earnings with bitcoin, still need to learn a lot of different stuff.

Although I have been here for quite a time still I dont think myself as a pro in this kind of things also. There are a lot of thing to be taught or to be learned from different people and some by reading. No worries, there are many of us like that here.
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May 24, 2016, 08:44:24 AM
 #1399

I know that exerienced miners and many traders linving on money earned from bitcoin but i am so bad to live on earnings with bitcoin, still need to learn a lot of different stuff.

Although I have been here for quite a time still I dont think myself as a pro in this kind of things also. There are a lot of thing to be taught or to be learned from different people and some by reading. No worries, there are many of us like that here.

Same here. $77 per month which I make with my Sig campaign is not bad IMO, but still I have a lot to learn to make more. But when I'm  recalling that I made around $2 per month when I was jusr starting earning Bitcoins I feel things are going in the right direction. )

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ajun96
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May 24, 2016, 10:59:34 PM
 #1400

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.
freelances have no fixed income dude you can earn big and small income it depends on the circumstances. because you're only working odd jobs and fluctuations make the income is not fixed same as working in bitcoin. freelance could not produce a permanent $100/day
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