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Author Topic: Working day to Buy 1 BTC in your country  (Read 1361 times)
bryant.coleman
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September 19, 2016, 06:35:42 PM
 #41

After the rent payment, utility bills, and other expenses, I am left with a monthly savings of around $300, which is equivalent to BTC0.500. That means that I have to work for some two months (60 days), to purchase 1 BTC in my country. My expenses are quite high, as I am married with children, and that is the reason why I can save only around 15% to 20% of my monthly salary.

Seriously you should consider yourself very lucky because most people pay their entire salaries to rent, food, etc.

Yes... I consider myself lucky... but I struggled quite a lot during my early days. In between, I was unemployed for a period of six months. So, in short, I had my ups and downs. And even now, I can save only around 15% of my monthly salary... But then, now I am feeling more confident about myself. The future seems to be bright! That is the most important thing... you need to believe in yourself!



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RocketSingh
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September 19, 2016, 06:42:27 PM
 #42

After the rent payment, utility bills, and other expenses, I am left with a monthly savings of around $300, which is equivalent to BTC0.500. That means that I have to work for some two months (60 days), to purchase 1 BTC in my country. My expenses are quite high, as I am married with children, and that is the reason why I can save only around 15% to 20% of my monthly salary.

Seriously you should consider yourself very lucky because most people pay their entire salaries to rent, food, etc.

That really varies from country to country.

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September 19, 2016, 07:34:32 PM
 #43

i'm from brazil and around here isnt easy to buy 1btc even if you put all your money in it. since bitcoin isnt my only investment i generally buy around 0.4~0.5/month + a few satoshis from my signature campaign

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September 19, 2016, 07:44:36 PM
 #44

In my country i can buy one btc each month with the salary , but i bought btc before, now i am used to earn btc from signature campaign, selling services and trading.
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September 19, 2016, 07:47:22 PM
 #45

To buy one Bitcoin in my country you will need almost whole average monthly paycheck or aproximate you will have to work about 20 days for it. So, not everyone can afford to buy the Bitcoin. If you had 5 Bitcoins that could be considered as a small fortune.

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September 19, 2016, 07:52:47 PM
 #46

I won't ask where you're from OP but i'm sorry to hear that. It takes me about 3 work days to buy 1 BTC but a lot of my money goes elsewhere. Not typically investments but traveling and leisure. I try to buy atleast 5 bitcoins per year but lately I've been acquiring more as I've seen the potential in the exchange with several reputable and profitable alt coins. OP keep at it, I think you will find your investment worthwhile no matter how much you have to work for it.
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September 19, 2016, 08:11:58 PM
 #47

This is a great question and it also shines some light on sig spammers. What may be pocket money to a fat Westerner might be the best part of a week's work to someone elsewhere. I suppose it would be just under a week's average work to buy 1 BTC in the UK.

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September 20, 2016, 03:48:40 AM
 #48

If I could manage to get work in what I was trained to do at what is reported median salary in the US, I could afford one in two weeks comfortably, and one week if I chose a week that no fixed expenses were going to be due and wanted to shuffle how I bought necessities.

In my current situation though, at the rate I'm accumulating little more than dust, it will take me 10 years if I can't either get the nerve to post my services in the service section or get myself back in a position that I have the time and frame of mind to finish one of the projects I've had to shelve to do other things.
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September 20, 2016, 03:53:08 AM
 #49

I'm being totally honest here.  When I was actually working as a hospital pharmacist, it would take me about a day and a half to earn one bitcoin at the current price.  I was making $54/hr or so.  Then everything got all fucked up.

Funny how life turns out sometimes.  Last time I worked for that amount of moolah was 2010, and it's a damn shame I didn't hear about bitcoin then.

Right now it would take me about 34 hours of work to make a single bitcoin, or just under a week.  Ugh, the good old days!!

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September 20, 2016, 03:58:33 AM
 #50

I can buy a little over 0.7 bitcoin a month if I will use my whole salary, in a month, but  I won't do that with this current price..  Cheesy I'd rather earn it instead of buying it since I can't use it on all my transactions, that would just slow me down in spending my money...  Smiley

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October 04, 2016, 02:40:46 PM
 #51

I have to work a whole week for me to be able to buy a whole Bitcoin but I do not do that because not all of my money goes out to Bitcoin.
I need to do other things with my money and somethings need to come first in front of Bitcoin.
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October 04, 2016, 02:54:23 PM
 #52

If i start working according to my degree after saving 50% of my salary it will take almost half year or even few more months than that to get enough fiat to buy 1 bitcoin. But saving 50% is also very hard due to lots of my daily spending.

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October 04, 2016, 03:07:07 PM
 #53

I know that the price of bitcoin is almost the same everywhere, but what I'm interested to know is How many days / months you have to work in order to buy 1 BTC.
in my case; I have to work 50 days without eating or paying the rent or 17 months if I save 10% of my salary to invest in BTC. it's too long for a single coin. Cry Cry

Actually don't mind it, but i think your salary is very low, that's why you have a lot of time to make one bitcoin, So i advise you to do work continuously than hope so you can earn fastly.
About OP when i started work with bitcoin since when and now in that time, i have earned 3 bitcoins from my investment' s amount, i mean 3 bitcoins that's all my profit, but in the start i have work very hard to earn the bitcoins because i didn't know very well about bitcoins.
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