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Author Topic: Bitcoin as a source of income?  (Read 96168 times)
Potato Chips
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July 06, 2017, 11:21:33 AM
 #1481

Bitcoin is digital way to make money. Based upon our work and patience, Bitcoin will create adventures in our life. I agree with the question Bitcoin is source of income. Share your feedback also.

Bitcoins itself is a money already, its not that different from our paper money. same logic applies on both sides. you get money from work/business/investment etc that you did.

the main difference is they're not the same kind, too long to explain here you can just search for it although you should already know it because its the basic thing.

but yah it can be a source of income since there are already many people who got profits from investing and trading bitcoin.


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July 06, 2017, 11:26:55 AM
 #1482

Bitcoin is digital way to make money. Based upon our work and patience, Bitcoin will create adventures in our life. I agree with the question Bitcoin is source of income. Share your feedback also.

Bitcoins itself is a money already, its not that different from our paper money. same logic applies on both sides. you get money from work/business/investment etc that you did.

the main difference is they're not the same kind, too long to explain here you can just search for it although you should already know it because its the basic thing.

but yah it can be a source of income since there are already many people who got profits from investing and trading bitcoin.


I agree with you that bitcoin is just like our paper money because we can use it to buy things mostly online and also do transactions to other people by just using it as a money. Bitcoin is the best currency for me because we can do a lot of things like trading and investing which can give us opportunity to make or grow our money, bitcoin is also anonymous so we don't need to worry about our security and also bitcoin is not taxable.
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July 06, 2017, 02:31:16 PM
 #1483

Today many people rely on bitcoin, in the sense that they are now focusing on the world of cryptocurrency, leaving their jobs

Is there something like this, is there any special tips because i want to focus but not yet dare?

This seems to be exactly what I'm going through. I am now more focused on bit coin, but I have a plan to have a real job.
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July 06, 2017, 02:57:34 PM
 #1484

Yes, Bitcoin is a source of income. I think many people rely on Bitcoin. They even used Bitcoin as source of income. Many people do not get jobs or lose jobs because they use Bitcoin. But there is no sure income. But income is expected. People can earn a lot of money using Bitcoin during their leisure.

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July 06, 2017, 02:59:09 PM
 #1485

Today many people rely on bitcoin, in the sense that they are now focusing on the world of cryptocurrency, leaving their jobs

Is there something like this, is there any special tips because i want to focus but not yet dare?

This seems to be exactly what I'm going through. I am now more focused on bit coin, but I have a plan to have a real job.

I think its hard when you do bitcoin with full time job. You really need to work on time management career. Me, right now is more focus in bitcoin while doing some part time job.

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July 06, 2017, 03:18:48 PM
 #1486

Yes, Bitcoin is a source of income. I think many people rely on Bitcoin. They even used Bitcoin as source of income. Many people do not get jobs or lose jobs because they use Bitcoin. But there is no sure income. But income is expected. People can earn a lot of money using Bitcoin during their leisure.
Yes you're right.Bitcoin is obviously become a source of income to almost all the people involved in bitcoin.It even pays much higher than our current jobs in the real world.So no wonder bitcoin becomes the breadwinner in the family.Through bitcoin life would be full of fun  because you need not to work under the heat of the sun for eight hours but rather enjoying bitcoin in a much convenient time and place.
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July 06, 2017, 03:22:35 PM
 #1487

Yes, Bitcoin is a source of income. I think many people rely on Bitcoin. They even used Bitcoin as source of income. Many people do not get jobs or lose jobs because they use Bitcoin. But there is no sure income. But income is expected. People can earn a lot of money using Bitcoin during their leisure.
Yes you're right.Bitcoin is obviously become a source of income to almost all the people involved in bitcoin.It even pays much higher than our current jobs in the real world.So no wonder bitcoin becomes the breadwinner in the family.Through bitcoin life would be full of fun  because you need not to work under the heat of the sun for eight hours but rather enjoying bitcoin in a much convenient time and place.
Bitcoin is really a source of income especially those who chose to stay at home and work their own home especially to all mothers out there and have to take care of their young ones. But, earning from bitcoin is a lot of effort to do. You have to do some researches regarding it and by that, you can easily earn from bitcoin. You're working hours is also at your hands since you don't have to go to your office to do your work. You can get to do all the things that you have to do and earn at the same time.
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July 06, 2017, 03:26:32 PM
 #1488

If you don't have a stable job, you need it. You can use bitcoin as a side business and grow it as you save more money. Saving is the key here. Offcourse, you can earn some income from signature campaign but I don't think it would be enough to keep you financial secure.

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July 06, 2017, 03:33:46 PM
 #1489

Today many people rely on bitcoin, in the sense that they are now focusing on the world of cryptocurrency, leaving their jobs

Is there something like this, is there any special tips because i want to focus but not yet dare?

yeah it's true because payments from cryptocurrency is very high than payment from real job
maybe this is a reason people leave their jobs
This I will agree the bitcoin is paying more money to compare our real job salary. But just depending on Bitcoin money is not right. Now we can make a good profit, but we don't know what the future of Bitcoin is. So safer side we have to go for the real job. Suppose our bad luck the price drops then what we do? So never quit your real job.

Depending only on bitcoins for income is a big risk as you never know what will happen to bitcoins in coming years and right now we may think that we can earn higher in compare to real job but if price falls in future then our income would be below our expectations so its always good to keep bitcoin as a extra source of income.

Not bad Smiley. I would not risk the money. I have a wife and child on the way. The problem is how BTC will fall heavily on price. What do you do?
I will agree Smiley. Bitcoin as an extra income is great. As the main source of income is risky. Has anyone in the forum tried to resign from work permanently to earn BTC?

I'm guilty of this. Grin
It happened to me that I resigned from work because something happened to me so I need a rest. Good thing my friend introduce me to bitcoin. This whole thing made me survive in everyday life and Im earning decently. And for now I dont have plans in returning to my work.

Not bad Smiley. I would not risk the money. I have a wife and child on the way. The problem is how BTC will fall heavily on price. What do you do?
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July 06, 2017, 03:34:27 PM
 #1490

My family already said that without bitcoin we cant reach  the life we had today. I was the one who taught them about bitcoin and were proud to say that bitcoin is our main source of income.

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July 06, 2017, 03:44:38 PM
 #1491

I heard people who say they quit their job and earn more with bitcoin.
I wanted to buy and sell on localbitcoin but how could i since price volatility being so high.
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July 06, 2017, 04:00:35 PM
 #1492

Today many people rely on bitcoin, in the sense that they are now focusing on the world of cryptocurrency, leaving their jobs

Is there something like this, is there any special tips because i want to focus but not yet dare?

yeah it's true because payments from cryptocurrency is very high than payment from real job
maybe this is a reason people leave their jobs
This I will agree the bitcoin is paying more money to compare our real job salary. But just depending on Bitcoin money is not right. Now we can make a good profit, but we don't know what the future of Bitcoin is. So safer side we have to go for the real job. Suppose our bad luck the price drops then what we do? So never quit your real job.

Depending only on bitcoins for income is a big risk as you never know what will happen to bitcoins in coming years and right now we may think that we can earn higher in compare to real job but if price falls in future then our income would be below our expectations so its always good to keep bitcoin as a extra source of income.

Not bad Smiley. I would not risk the money. I have a wife and child on the way. The problem is how BTC will fall heavily on price. What do you do?
I will agree Smiley. Bitcoin as an extra income is great. As the main source of income is risky. Has anyone in the forum tried to resign from work permanently to earn BTC?

I'm guilty of this. Grin
It happened to me that I resigned from work because something happened to me so I need a rest. Good thing my friend introduce me to bitcoin. This whole thing made me survive in everyday life and Im earning decently. And for now I dont have plans in returning to my work.

Not bad :

). I would not risk the money. I have a wife and child on the way. The problem is how BTC will fall heavily on price. What do you do?

I bet he will go back to his old job, or apply to the job that needs his skill.  Having Bitcoin price falling simply means less income for us, so definitely we will need another job to support our daily needs.  There is always an option to go back where we used to earn.
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July 06, 2017, 04:06:05 PM
 #1493

I heard people who say they quit their job and earn more with bitcoin.
I wanted to buy and sell on localbitcoin but how could i since price volatility being so high.
That part is what I don't get if there is any truth in it. Because even if you have a job you will do the same thing as you are in your free time. From trading to posting in bitcointalk.org everything can be done for your free time, the only thing that you will have is a lesser income per month because you chose to resign in your stable paying job. And I don't think there is any truth to this it would be a huge mistake if you stop earning Bitcoin after.

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July 06, 2017, 04:19:26 PM
 #1494

I heard people who say they quit their job and earn more with bitcoin.
I wanted to buy and sell on localbitcoin but how could i since price volatility being so high.
for me, it is bad to quit job just for bitcoin ,earn bitcoin for your extra income, so that you may retired and you can create your own bussiness, you can manage your time so easily. bitcoin is a good source of income nowadays because i use it too.

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July 06, 2017, 04:38:05 PM
 #1495

My family already said that without bitcoin we cant reach  the life we had today. I was the one who taught them about bitcoin and were proud to say that bitcoin is our main source of income.
that is very good.  they really told you right,  i think bitcoin it  a good source of income and most of the middle class people are using bitcoin for completing their needs and requirement. it is a good opportunity for them.
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July 06, 2017, 05:03:02 PM
 #1496

Yes, Bitcoin is a source of income. I think many people rely on Bitcoin. They even used Bitcoin as source of income. Many people do not get jobs or lose jobs because they use Bitcoin. But there is no sure income. But income is expected. People can earn a lot of money using Bitcoin during their leisure.
Yes, me as well. I'm a student and Bitcoin is really helpful for me to pay my monthly bill without ask parents again also I can buy my wishlist such as gadget and etc. The good thing is Bitcoin can be used for future investment.

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July 06, 2017, 05:46:40 PM
 #1497

There are different ways to earn with your bitcoin. If you are too afraid to trade then try some campaigns here, signature, social media, translation, and so many other services. If you don't like doing them at all then perhaps hold your bitcoin for quite a while and it will still earn. So you see, your bitcoin will always be worth it.  Wink
Many people declare bitcoin as a risk, but to be honest they dont really know its worth. The basic agenda of a bitcoin for people is to earn. I heard that a child became a millionaire by investing in bitcoin .  You can earn money from bitcoin through many ways. For example by watching a video or clicking at game, many websites provide you a bitcoin. You can also earn a bitcoin by promoting something online, further you can invest in bitcoin and sale those bitcoins in future for a large amount of money.
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July 06, 2017, 05:51:40 PM
 #1498

Yes, Bitcoin is a source of income. I think many people rely on Bitcoin. They even used Bitcoin as source of income. Many people do not get jobs or lose jobs because they use Bitcoin. But there is no sure income. But income is expected. People can earn a lot of money using Bitcoin during their leisure.
Yes you're right.Bitcoin is obviously become a source of income to almost all the people involved in bitcoin.It even pays much higher than our current jobs in the real world.So no wonder bitcoin becomes the breadwinner in the family.Through bitcoin life would be full of fun  because you need not to work under the heat of the sun for eight hours but rather enjoying bitcoin in a much convenient time and place.
Well, that is one of the beauties of what bitcoin can give to one user, the ability to handle your time and manage it accordingly. You gain new knowledge while earning and doing something fun. The most important of it all is that, you earn a decent amount of money that you can use for your personal needs.
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July 06, 2017, 06:00:28 PM
 #1499

If you invest intelligenntly then Bitcoin can become a source of passive income. You need to know the market movement sell and buy at the right time. Generally I think buying Bitcoin is profitable. Sometimes in the short term it is not. If you bought Bitcoin at $3000 you have lost money but if you hold on you will make money when the price goes over $3000 so it is just a short term loss. It is entirely possible to live this way if you have enough money and know what you doing.
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July 06, 2017, 06:05:07 PM
 #1500

My family already said that without bitcoin we cant reach  the life we had today. I was the one who taught them about bitcoin and were proud to say that bitcoin is our main source of income.
that is very good.  they really told you right,  i think bitcoin it  a good source of income and most of the middle class people are using bitcoin for completing their needs and requirement. it is a good opportunity for them.

I know right, its fascinating to see a whole family itself relying on bitcoin. In my viewpoint though bitcoin would not be feasible as a source of income because of the high transaction fees. It was an year ago when the transaction fee was low it would have been fine. Also, people on receiving their income would like to spend it right away or without much waiting and it wouldnt be possible because of the long confirmation time. Thereby I would use bitcoin just for earning and spending some extra money.

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