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Author Topic: Earning a living with bitcoin?  (Read 158463 times)
umaOuma
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July 13, 2016, 03:22:40 PM
 #1961

It is possible to earn a living with Bitcoin but you will have to invest allot of money to do so because of not you are not going to make enough money back.
So for most people it is not possible that is why they use it as an extras income. 

Yes not possible for all to invest huge money in bitcoin as there is always risk associated with it, as no one knows what will be the price of bitcoin in future.
langedwig
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July 13, 2016, 05:01:06 PM
 #1962

I am trying to juggle between my day job and Bitcoin. Bitcoin is more like a hobby for me at present as I am earning btc for my daily-hood. It's not impossible to live solely on Bitcoin or solely on my employer's salary. 
Dudeperfect
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July 13, 2016, 05:25:03 PM
 #1963

Well not exactly but yes up to some extent I am earning living with bitcoin. I cover my few expenses from my job salary and few expenses from bitcoins. I earn bitcoins from trading crypto currencies or trading digital goods such as domain name and eventually I convert earnings in bitcoin.
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July 13, 2016, 05:30:03 PM
 #1964

Well not exactly but yes up to some extent I am earning living with bitcoin. I cover my few expenses from my job salary and few expenses from bitcoins. I earn bitcoins from trading crypto currencies or trading digital goods such as domain name and eventually I convert earnings in bitcoin.
We are earning good at a moment from bitcoin but not the best as it cannot take care of us and our family, if you have a responsibility of family then you need to earn descent amount of coins regularly.
avw1982
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July 13, 2016, 05:32:40 PM
 #1965

Well not exactly but yes up to some extent I am earning living with bitcoin. I cover my few expenses from my job salary and few expenses from bitcoins. I earn bitcoins from trading crypto currencies or trading digital goods such as domain name and eventually I convert earnings in bitcoin.
We are earning good at a moment from bitcoin but not the best as it cannot take care of us and our family, if you have a responsibility of family then you need to earn descent amount of coins regularly.

Initially you can earn with faucets, at the same time go through the discussions. This will help you get a good learning about the digital currencies. So now when you get into signature campaigns it would be more easier for you than beginning with signature campaign.

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July 13, 2016, 05:52:40 PM
 #1966

yes in large number of people earning a living with bitcoin , they are earning bitcoin through trade , online tasks and signature campaign etc .
I see most people think that if bitcoins get more popular you can make a living with it, I do not completely agree with this. Yes the price will increase and you will benefit when more people join but it will be one time profit. Yes doing tasks surveys, etc can help you get bitcoins daily and hence you can survive.
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July 13, 2016, 05:56:23 PM
 #1967

yes in large number of people earning a living with bitcoin , they are earning bitcoin through trade , online tasks and signature campaign etc .
I see most people think that if bitcoins get more popular you can make a living with it, I do not completely agree with this. Yes the price will increase and you will benefit when more people join but it will be one time profit. Yes doing tasks surveys, etc can help you get bitcoins daily and hence you can survive.

It's in fact not as easy as it may look when people are talking about earning some coins lately. They think that they can keep getting the same amount of rewards from faucets, signature campaigns, and other things that allow you to earn some coins. So they calculate all current earnings against a price of at least $2000-$3000. They don't seem to realize that the higher the price will get, the lower the rewards will be.
torrentheaven
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July 13, 2016, 06:00:23 PM
 #1968

Well not exactly but yes up to some extent I am earning living with bitcoin. I cover my few expenses from my job salary and few expenses from bitcoins. I earn bitcoins from trading crypto currencies or trading digital goods such as domain name and eventually I convert earnings in bitcoin.
We are earning good at a moment from bitcoin but not the best as it cannot take care of us and our family, if you have a responsibility of family then you need to earn descent amount of coins regularly.

Initially you can earn with faucets, at the same time go through the discussions. This will help you get a good learning about the digital currencies. So now when you get into signature campaigns it would be more easier for you than beginning with signature campaign.



Signature campaign is a really good source to earn bitcoin, and if you have high rank account then you can earn descent amount of coins regularly, but it will take care of only basic expenses.
barbara44
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July 13, 2016, 08:55:03 PM
 #1969

This is my long term goal.
Right now, I'm earning, collecting and buying as much Bitcoin I can.
Also, part of this funds I will invest in my own online business.
So, I count on 2 things here.
I hope that price of Bitcoin will continue to increase and also hope that my online business will be successful.
If both things happen, I will make my living mostly on Bitcoin.
Though collecting bitcoin is good idea expecting the price to increase in future but I think you should really make something new like a gambling site or invest somewhere then only you can make a living from bitcoin very easily, the waiting for higher bitcoin prices could be avoided with that.

guoyu78
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July 13, 2016, 09:07:03 PM
 #1970

here in my country or in asia also the people can do living with the Bitcoin through faucet's or  earning in Signature Campaign trading is also a way to earn bitcoins if you do alt coin mining at home I think you could make enough i need Bitcoins because bitcoin is my main job to enjoy life and to help my self in my daily expenses also in school

yeah in Asia in third world countries it is possible that one live on the earnings from faucets and from signature campaigns, as at that places the prices of things are not much higher and people in the poor countries only prefer to buy food and simple clothes.
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July 13, 2016, 09:08:43 PM
 #1971

here in my country or in asia also the people can do living with the Bitcoin through faucet's or  earning in Signature Campaign trading is also a way to earn bitcoins if you do alt coin mining at home I think you could make enough i need Bitcoins because bitcoin is my main job to enjoy life and to help my self in my daily expenses also in school

yeah in Asia in third world countries it is possible that one live on the earnings from faucets and from signature campaigns, as at that places the prices of things are not much higher and people in the poor countries only prefer to buy food and simple clothes.

I am from Asia and I think if you are single then  you can easily earn a living from bitcoin, but if you are with family then only bitcoin will not be sufficient to take care of all of them.
blackmachinegun
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July 13, 2016, 09:32:20 PM
 #1972

here in my country or in asia also the people can do living with the Bitcoin through faucet's or  earning in Signature Campaign trading is also a way to earn bitcoins if you do alt coin mining at home I think you could make enough i need Bitcoins because bitcoin is my main job to enjoy life and to help my self in my daily expenses also in school
Lol I also come from asia I was not amazed by it because the cost of living in Asia is quite cheap even you could eat only with a $ 1 bill and the cost per day may not be up to $ 5 if you can save money Lol
of course you can live with bitcoin because I'm sure you get income of more than $5 per day in bitcoin
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July 13, 2016, 11:15:28 PM
 #1973

This is my long term goal.
Right now, I'm earning, collecting and buying as much Bitcoin I can.
Also, part of this funds I will invest in my own online business.
So, I count on 2 things here.
I hope that price of Bitcoin will continue to increase and also hope that my online business will be successful.
If both things happen, I will make my living mostly on Bitcoin.



That is a nice plan. I'm also collecting and earnings bitcoins from signature campaign and some service right now and when i have many bitcoins i will do something like open a business about bitcoin.
everyone has a plan for their future and many people continue to collect many bitcoin to get a large capital. I think I must have a plan too I could not continue to work and do not have a passive income I also wanted to create an online store where people can put their ads on my site maybe it would be good business. What do you think ?
chaosknight
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July 13, 2016, 11:18:13 PM
 #1974

This is my long term goal.
Right now, I'm earning, collecting and buying as much Bitcoin I can.
Also, part of this funds I will invest in my own online business.
So, I count on 2 things here.
I hope that price of Bitcoin will continue to increase and also hope that my online business will be successful.
If both things happen, I will make my living mostly on Bitcoin.



That is a nice plan. I'm also collecting and earnings bitcoins from signature campaign and some service right now and when i have many bitcoins i will do something like open a business about bitcoin.
everyone has a plan for their future and many people continue to collect many bitcoin to get a large capital. I think I must have a plan too I could not continue to work and do not have a passive income I also wanted to create an online store where people can put their ads on my site maybe it would be good business. What do you think ?


Yeah its an really great plan to have an online store but for that you need to make efforts to promote your site and you also need descent traffic to earn good profits.
redsun114
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July 14, 2016, 01:25:20 PM
 #1975

it will be hard but its not impossible yet bitcoin is a kind of money and also it is being accepted by whole world (said by bitcoin.org) so we can live with bitcoin whole life as soon as some shops started accepting bitcoins in our countrys
See even if shops start to accept bitcoins then you can not make a living with bitcoins unless you have a huge reserve of bitcoins or you own something big and that gives you regular profits.

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July 14, 2016, 01:38:29 PM
 #1976

With current price I don't think its possible to earn a living with it as you need to earn lots of bitcoin to have a good and comfortable life and which should also take care of your family.
langedwig
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July 14, 2016, 06:24:53 PM
 #1977

I think you need to earn a lot of bitcoins to earn a living from it, you should than make it your day job what is pretty difficult to do if you ask me, I think you should just invest a lot of bitcoins more and than start trading and cold storage them. So you can make profit with it.
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July 14, 2016, 06:26:51 PM
 #1978

I think you need to earn a lot of bitcoins to earn a living from it, you should than make it your day job what is pretty difficult to do if you ask me, I think you should just invest a lot of bitcoins more and than start trading and cold storage them. So you can make profit with it.

Yeah if you need to earn a living with bitcoin then I need you need to invest lot of money at primary stage then only you can expect regular profits.

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July 14, 2016, 07:04:35 PM
 #1979

I think you need to earn a lot of bitcoins to earn a living from it, you should than make it your day job what is pretty difficult to do if you ask me, I think you should just invest a lot of bitcoins more and than start trading and cold storage them. So you can make profit with it.

Earning a living with bitcoin seems like it would be kind of hard thing. Unless you have a ton of bitcoin with a secure way to make bitcoin. Also you'll always have to worry about volatility of the price. And spending bitcoin to buy food and stuff doesn't seem to easy as well.
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July 14, 2016, 07:25:32 PM
 #1980

yes i earning a living with bitcoin when bitcoin decrease its price i buy bitcoin and till then waiting for bitcoin price increase and then trade to bitcoin in huge profit and many people  earning money through online tasks .
well if you buy your bitcoins right now then i doubt that you already are making a living out of bitcoins and i dont think you will make it any time soon, i dont earn a living with bitcoins too
It is not like that friend, what he means to say I thin is : He has huge capital and he buys like 10 bitcoins when price is low and sells when high, makes good profit and that gives him enough to live for months and till the he do it again.
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