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Author Topic: Earning a living from cyptocurrency options trading  (Read 3681 times)
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bitbunnny
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October 12, 2016, 02:05:20 PM
 #61

Is it realy possible to earn for living just from crypto trading? I know that depends on someone's needs but stil that requires a lot of invested capital and, lot of invested time and efforts for not so much profit and constant possibility for loss.
Maybe this could be enough only for some extra income.

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October 13, 2016, 03:22:26 AM
 #62

I believe it is. But you will not earn as much as you would compared to bigger markets like stocks and commodities. There is more money moving around and changing hands over there than in cryptocurrencies. Maybe that is why there are not many professional traders doing much cryptocurrency trades yet.

There is also the questionable nature of the legality of the whole thing. A lot of people will not touch cryptocurrencies because they are fearful that they might get into legal issues.

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October 13, 2016, 07:39:46 AM
 #63

You will have to have allot of them if you want to make sure that you make enough money with them so that you can pay your bills and get food on the table.
I do not think that it would be possible for me and that is why I would not do it.
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October 17, 2016, 02:07:16 PM
 #64

At this moment I do not think that it is possible for everyone because you need to have allot of Bitcoin so that you can sell enough and make enough money with them per month.
I do not have much Bitcoin so something like that would be impossible for me to pull of.
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October 18, 2016, 02:32:28 PM
 #65

At this moment I do not think that it is possible for everyone because you need to have allot of Bitcoin so that you can sell enough and make enough money with them per month.
I do not have much Bitcoin so something like that would be impossible for me to pull of.
I agree, you will have to handle in allot of Bitcoin to be able to make enough money from it so that you can pay your monthly things.
For me it also would not be possible but I do not mind that at all.
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October 18, 2016, 02:56:49 PM
 #66

At this moment I do not think that it is possible for everyone because you need to have allot of Bitcoin so that you can sell enough and make enough money with them per month.
I do not have much Bitcoin so something like that would be impossible for me to pull of.

there are many of people can a living from bitcoin
if you are have a skill in trading and you can get a lot of money from trading.

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October 18, 2016, 10:36:22 PM
 #67

At this moment I do not think that it is possible for everyone because you need to have allot of Bitcoin so that you can sell enough and make enough money with them per month.
I do not have much Bitcoin so something like that would be impossible for me to pull of.

there are many of people can a living from bitcoin
if you are have a skill in trading and you can get a lot of money from trading.

Exactly, most of the traders that as a lot of experience in trading already are the ones who are earning great amount in it. And for those beginners that are getting inspired to earn good with trading then they just need to study first, learn and research about the things in trading and be familiar on how the market of trading cycles.

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Altynbekova
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October 20, 2016, 01:20:44 PM
 #68

For me it would not be possible at all to be making a living out of bitcoin only because I am not making nearly enough bitcoin to pay for everything I need to pay for.
I like doing bitcoin on the side because it also acts like a hobby and I do not want to rely on it.
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October 23, 2016, 10:13:09 AM
 #69

For me it would not be possible at all to be making a living out of bitcoin only because I am not making nearly enough bitcoin to pay for everything I need to pay for.
I like doing bitcoin on the side because it also acts like a hobby and I do not want to rely on it.

The bitcoin invstment might be too later for many of us. But the altcoin investment can be good if you can pick up a good one.
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October 23, 2016, 10:20:27 AM
 #70

You will have to have allot of them if you want to make sure that you make enough money with them so that you can pay your bills and get food on the table.
I do not think that it would be possible for me and that is why I would not do it.

I agree but you can use bit coin as tool to augment your earning or income. Like for example in trading and in signature campaigns. Of course it is not reliable as a main source of income, just consider it as part time work.
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October 23, 2016, 10:27:46 AM
 #71

Still options are so expensive in Etheropt exchange, I'm waiting for better pricing. And some expirations are so close, I like longer expirations which means I will have more time to make profits and apply proper hedging strategies (risk management) on my existing positions.
It is a hard to thing try and make a living out of cryptocurrencies only because that means that you will have to handle in allot of them to make enough money to be able to pay for everything that you need to pay.
For me it would not be possible that is why I use it as an secondary income.
Yes making a living out of crypto trading is very risky.One should not take it up as full time job.As a part time it is good additional option of income but only if you know how to trade

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October 23, 2016, 10:50:13 AM
 #72

Still options are so expensive in Etheropt exchange, I'm waiting for better pricing. And some expirations are so close, I like longer expirations which means I will have more time to make profits and apply proper hedging strategies (risk management) on my existing positions.
It is a hard to thing try and make a living out of cryptocurrencies only because that means that you will have to handle in allot of them to make enough money to be able to pay for everything that you need to pay.
For me it would not be possible that is why I use it as an secondary income.
Yes making a living out of crypto trading is very risky.One should not take it up as full time job.As a part time it is good additional option of income but only if you know how to trade


I am making a living with cryptocurrencies and I am proud of it.  I also have a job so basically, using bitcoin is my part time job and it compensates me a good amount of money.    I never tried to do some trading but I am open to it.  It is also because I do not have enough amount of btc.  I just earned through posting with signatute campaigns and yhe salary is fair enough. 
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October 23, 2016, 11:03:35 AM
 #73

i have found out that there are so many different ways to trade different methods and there are just as many things to trade too and all of them have the potential of becoming a good profitable method of making a living for you.

but only if you are good at trading and if you are willing to spend time staring at your monitor all day long.

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October 23, 2016, 11:26:13 AM
 #74

Yes if you trade with full details about the coin and have full patience and trust on the coin on which you are going to trade then you can surely make profit and earn for living, I am keeping daily update of the altcoin announcement section as i have seen lot of coins are coming with new features and giving out free bounty coins if we properly play with that free coins then surely you can earn for your living, some time some coin give you jackpot which will earn you for so many months revenue in that coin itself.
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October 23, 2016, 11:59:46 AM
 #75

At this moment I do not think that it is possible for everyone because you need to have allot of Bitcoin so that you can sell enough and make enough money with them per month.
I do not have much Bitcoin so something like that would be impossible for me to pull of.
I think in order to live you must have a fixed income so that you can pay for the purposes of your life each month, whereas in trading you do not receive a fixed income

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October 23, 2016, 09:28:10 PM
 #76

although there are so many people who are depending on bitcoin for living, but still i like to say that you must have a permanent income from which you can fulfill your necessities, and consider bitcoin as secondary option for making money.
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October 24, 2016, 01:15:15 AM
 #77

There is an opportunity as well a problem, because the potencial earnings are as well potencial loss, there is no way to bitcoin have sure of anything, with that said its very hard to get or make a life from bitcoin and worse is to try with trading but its an option.
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October 28, 2016, 11:20:03 AM
 #78

There is an opportunity as well a problem, because the potencial earnings are as well potencial loss, there is no way to bitcoin have sure of anything, with that said its very hard to get or make a life from bitcoin and worse is to try with trading but its an option.

The ZCash is being launced today. If you can buy some cheaply in the next few days, it could make some profits.
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October 28, 2016, 12:05:39 PM
 #79

although there are so many people who are depending on bitcoin for living, but still i like to say that you must have a permanent income from which you can fulfill your necessities, and consider bitcoin as secondary option for making money.


That is what i am doing for now i have an legal work outside and bitcoin is just my hobby since i can't trust my future on this coin aswell as i really make sure that i will not get compromise and have job to really on in times that bitcoins will fail nor i don't get any income from it on weekly basis, and cryptotrading is good source of profit but not an ideal one to really for earning to get a livings, 

Its better to have that two so the earnings is double when salary and bitcoins payment time will colide.

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October 28, 2016, 01:23:40 PM
 #80

Well one thing its true you must keep with your job, because today we are with an extra source of income, and tomorrow might be a dark day for crypto world, anyway there is a small number of people able to make a living and proof from the trading, that looks easy but has a lot risks around it.
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