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Author Topic: Bitcoin as a source of income?  (Read 96168 times)
micher143
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May 12, 2017, 09:08:14 AM
 #301

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?

In my opinion bitcoin shouldn't become your source of income. Relying on bitcoin is not enough to sustain your daily lives but if you have big income on it why not. However, it is better to experience to have a normal job and yet, still it better to work hard for your money. I think you should get a normal job and use bitcoin as  secondary income only.
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May 12, 2017, 09:17:26 AM
 #302

I think relying on bitcon income alone is not enough if it does not have a steady job, but it all depends on each of us about bitcoin because many of them make bitcoin the main income and they can succeed with bitcoin
Yes I agree it depends upon one’s self if you are confident and smart enough to choose the right moment for you then you will be successful throughout your life. I guess many of the people in the beginning have started the BTC as a part time job and after they see the scope and the future of the BTC they switch fulltime to it.
One's own interest make a better source for living. There are users who have been into bitcoin earning full-time, but in my view it's good to have it as an added source having a day job for primary earning. Trading is the only source that has the ability to provide good earning for a better living through the different altcoins that are getting listed to the exchange services.

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May 12, 2017, 09:32:52 AM
 #303

Yes Bitcoin can be used as source of income. Because of the increase in the price of Bitcoin, it can easily be good income
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May 12, 2017, 12:11:59 PM
 #304

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?

Yes bitcoin can be used as a source of income but it's very bad if you rely too much to bitcoin and leave your job. What if bitcoin will be dead what will be the source of your income so it's better if you have an another source.
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May 12, 2017, 12:27:51 PM
 #305

Well, it can be said that way. But that only applies to those who dare to make decisions. Well, bitcoin is also full of risks, if you dare to take that risk, it will be a source of income for you.

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May 12, 2017, 12:35:26 PM
 #306

Qott price like this and if you are capable enough bitcoin could be very decent source of income and for some even only way to make some earnings. On the other hand having in mind the volatility and instability of bitcoins this could be very risky and you could end up with less or no money you have counted on. So my advice would be bitcoin as an additional source of income through signature campaign or freelancing  or trading. But it also depends how much are you prepared to take risk and live on the edge, so to say

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May 12, 2017, 01:47:32 PM
 #307

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?


Many do rely on bitcoins nowadays because a lot of people are already acknowledging the world of bitcoins and cryptocurrencies. I do have a couple of acquaintance I know who are thinking of quitting their jobs and just focus on bitcoins but there is still something that's holding them back. A lot of what ifs, and you can't help but also think what if just what if bitcoin will be dead. Would it suffice your family if bitcoin was your source of income? In mmy own opinion, if I had a decent job and a good paying job that is; I wouldn't leave yet and save some just in case you need it in the future. But if you are a risk taker then bitcoin can be a good source of income too as of the present.
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May 12, 2017, 01:56:33 PM
 #308

Well, it can be said that way. But that only applies to those who dare to make decisions. Well, bitcoin is also full of risks, if you dare to take that risk, it will be a source of income for you.
I dont really get the point of what you just said, it is rather obvious that you can only make any kind of profit by using bitcoin if you are willing to make some decisions that will put your money in risk.
Well, it is true that bitcoin overall is "full of risk" as you have said, but not bitcoin: you should notice that every single investment you can make even in real life,  contains a risk factor, which is dependant on what are you investing in.
For example, gold does not bear a big risk because it is a very precious metal that many people wants to get: but price may still vary some, like the latest days so literally every investment has risk too.

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May 12, 2017, 02:29:40 PM
 #309

Well, it can be said that way. But that only applies to those who dare to make decisions. Well, bitcoin is also full of risks, if you dare to take that risk, it will be a source of income for you.
I dont really get the point of what you just said, it is rather obvious that you can only make any kind of profit by using bitcoin if you are willing to make some decisions that will put your money in risk.
Well, it is true that bitcoin overall is "full of risk" as you have said, but not bitcoin: you should notice that every single investment you can make even in real life,  contains a risk factor, which is dependant on what are you investing in.
For example, gold does not bear a big risk because it is a very precious metal that many people wants to get: but price may still vary some, like the latest days so literally every investment has risk too.

Investing in bitcoin gets better if we trade it and not just have. Bitcoin includes assets, which we can use to earning more. Risks, in any case always exist.
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May 12, 2017, 02:36:14 PM
 #310

Well, it can be said that way. But that only applies to those who dare to make decisions. Well, bitcoin is also full of risks, if you dare to take that risk, it will be a source of income for you.
I dont really get the point of what you just said, it is rather obvious that you can only make any kind of profit by using bitcoin if you are willing to make some decisions that will put your money in risk.
Well, it is true that bitcoin overall is "full of risk" as you have said, but not bitcoin: you should notice that every single investment you can make even in real life,  contains a risk factor, which is dependant on what are you investing in.
For example, gold does not bear a big risk because it is a very precious metal that many people wants to get: but price may still vary some, like the latest days so literally every investment has risk too.

but that's mainly if you want to trade with bitcoin or investing into it. What about the other sources of income, like getting a job that pays in bitcoin or to a lesser extent signature campaigns. You don't have to risk pretty much anything other than the bitcoin price going down rapidly.

Need some spare btc for a new PC that can at least run Adobe Dreamweaver.

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May 12, 2017, 03:23:57 PM
 #311

Well, it can be said that way. But that only applies to those who dare to make decisions. Well, bitcoin is also full of risks, if you dare to take that risk, it will be a source of income for you.
I dont really get the point of what you just said, it is rather obvious that you can only make any kind of profit by using bitcoin if you are willing to make some decisions that will put your money in risk.
Well, it is true that bitcoin overall is "full of risk" as you have said, but not bitcoin: you should notice that every single investment you can make even in real life,  contains a risk factor, which is dependant on what are you investing in.
For example, gold does not bear a big risk because it is a very precious metal that many people wants to get: but price may still vary some, like the latest days so literally every investment has risk too.

but that's mainly if you want to trade with bitcoin or investing into it. What about the other sources of income, like getting a job that pays in bitcoin or to a lesser extent signature campaigns. You don't have to risk pretty much anything other than the bitcoin price going down rapidly.

Yup! it is mainly earning with the safest method out there and right now signature campaign is the main source of income that are pretty much OK that faucets and free BTC generator out there, even if the value of earning is not that high not like trading that has a risk but you can surely cash in big time!
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May 12, 2017, 05:33:48 PM
 #312

I doubt that really many people left their jobs cause of bitcoin. Yes that's true that with bitcoin you don't even need to leave your house, but it is still stays not sure income. And I believe that the biggest mass of people earn bitcoins in their free time like underworking. I am one of them.
Leaving job and earning with bitcoin? I don't think it'll support all the needs of the family and also it's not a good idea to leave a job just because you're earning in some easier ways. I think it's much better to both have a stable job and this bitcoin thingy to earn extra income. As a student this bitcoin is really handy for me using it most of my free time.
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May 12, 2017, 05:42:29 PM
 #313

I read most of all posts in thread, but no one discussing about reason of job.

How many of really like to do jobs?

Many of will say we don't like, but still for need of income people do jobs.

Bitcoin have gave best ultimate solution to get income. So if people give more time on it and learn more things then it will be beneficial for users who are still new to this whole environment
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May 12, 2017, 05:58:11 PM
 #314

If we feel confident to leave jobs that we have, Bitcoin can be overwhelming in the count on for our economy.
But in taking this decision by way of leaving a job only rely on would be very high-risk bitcoin if we didn't know how.

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May 12, 2017, 06:02:22 PM
 #315

For many people Bitcoin already is a source of income. Take those signature farmers from poor countries. THey are earning at least half of their day wage in Bitcoin, for some it's their main source. I've seen bitcoin traders that don't need a day job, because trading is so profitable. THere are even interviews with them to be found in the web.
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May 12, 2017, 06:12:41 PM
 #316

The only way to be able to go with bitcoin as source is have a business, exchange, dice, casino, or being a developer, outside those i believe you can get a source of income but not enought to your daily needs. Sure some lucky people able to make some extra coins over trading as well gambling but the risk are high.
Clickworking, crowdsourcing could get organized in a decentral manner and wages paid in bitcoins at the end of a month (to keep transaction numbers needed / fees low)
If you get hired as a translator for local boards or as a logo designer for graphic stuff ... we allready got there
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May 12, 2017, 07:27:56 PM
 #317


If we feel confident to leave jobs that we have, Bitcoin can be overwhelming in the count on for our economy.
But in taking this decision by way of leaving a job only rely on would be very high-risk bitcoin if we didn't know how.

  yes you are right that leaving job will be very high risk because bitcoin work can be also done in free time but i think for those who have alot of income from bitcoin which can be their self-sufficient and also have permanent income from bitcoin then if they want to leave their jobs for bitcoin then they can leave because they don't have any need for other jobs.
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May 12, 2017, 07:50:37 PM
 #318

I'm glad because of the bitcoin makes income a second real job in an Office. with trading I can generate about 0.5 btc and could pay for the installment of the motor.

This is why bitcoin is a good source of income whether you do it for part time or not. But I can recommend to OP he should take care of his permanent job and don't leave it while the company is still existing and it doesn't want him to be gone out. It's up only to him on how he can manage his time properly.
I guess many of the people around attached with the btc are those who use the btc activities as a part time activities and believe me it is no hard to manage it. I am currently holding a permanent full time job and beside I am facing no difficulties with managing my BTC activities if it is trading or joining a signature campaign. The earnings for the BTC work as a bonus for me and I am quite satisfied with it.
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May 13, 2017, 03:41:50 PM
 #319

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?

I think there is a tons of online earner who depends only in crypto currency at the moment.
But there are others who just do it in their free time to earn some extra cash.

Yup this is me, a part time earner. Im lucky i have a full time job.
But i try to generate extra funds with alternative coins to build my bitcoin.
There are definitely people out there making a living off bitcoin, just trading and gambling.
Hey this is good to know that there are many people like me around in the forum. I also have a fulltime job in a company and am working part time on the BTC. The money that I earn from the signature campaign and trading of various alts is basically a source for me to take me to achieve my dreams. I had some business debt and I am pleased that I paid it from the earnings that I made from the BTC in part time.
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May 13, 2017, 04:01:49 PM
 #320

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?

I think there is a tons of online earner who depends only in crypto currency at the moment.
But there are others who just do it in their free time to earn some extra cash.

Yup this is me, a part time earner. Im lucky i have a full time job.
But i try to generate extra funds with alternative coins to build my bitcoin.
There are definitely people out there making a living off bitcoin, just trading and gambling.
Hey this is good to know that there are many people like me around in the forum. I also have a fulltime job in a company and am working part time on the BTC. The money that I earn from the signature campaign and trading of various alts is basically a source for me to take me to achieve my dreams. I had some business debt and I am pleased that I paid it from the earnings that I made from the BTC in part time.

Just like you bro, there are many of us here that have the same situation and just like me I also am a regular employee and have a monthly salary that keep most expenses intact, and thanks to bitcoin I have an extra income at hand that I can surely trust to pay some of my debts, Bitcoin surely is a life changer and right now I have settle a lot of my debts and getting a save money via bitcoin wallet, that are increasing very time the value of bitcoin rise up, but we need to be very observant about it because vice versa it can surely drop.
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