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Author Topic: Bitcoin as a source of income?  (Read 96168 times)
oblomov
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May 04, 2017, 12:45:46 AM
 #41

I would like to find a full time job that pays bitcoins. It would have to be something online though, and most online jobs are notorious for being scams.

If you work for Coinbase, you have the option of being paid in bitcoin.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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May 04, 2017, 12:51:01 AM
 #42

If you are making enough through mining, like massive mining rigs with good power rates then you can live of that.  Or if you are good at trading and have good capital then you can also go about it that way.
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May 04, 2017, 01:01:06 AM
 #43

If you are making enough through mining, like massive mining rigs with good power rates then you can live of that.  Or if you are good at trading and have good capital then you can also go about it that way.

I think mining is just a temporary earning since difficulty become harder each day.  Unless we buy another set of miners, we won't be able to compete against other miners who have lots of hashing power.  Even when we are participating in a pool, if we do not increase our hashing power, the BTC we earn as share from the pool is decreasing.  Trading on the other hand is quite good.  The longer we trade, the better we are since we will learn from the experience we received in trading.  Both needs a good capital but I think trading would give us a better source of income if we grasp the needed skills and knowledge on how to be successful on it.



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May 04, 2017, 03:14:12 AM
 #44

Yeah I think nowadays many people are
relying on bitcoin but you can also work
on a free time, so that you don't need to
leave your current job.
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May 04, 2017, 03:27:55 AM
 #45

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 people in this community are now working full time on Bitcoin. If you have a good skill such as computer skills, you can offerit here and earn Bitcoin without leaving your home. I suggest you try first as part timer the decide if you can do it full time after a few months.
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May 04, 2017, 03:53:08 AM
 #46

It can be a source of income, but not to be considered as a primary one, more like a supplemental source to help augment what you earn with a full time job. It is a good time to earn bitcoin when the price is really high, like right now, but it would be difficult to accept it as salary if the price goes down very low.
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May 04, 2017, 03:55:34 AM
Last edit: May 04, 2017, 04:44:13 AM by morlun
 #47

Here is a tip, make safe long term trades using https://1broker.com/. and when you profit use that to buy more bitcoins and start building up your coins until you have a solid safety net maybe participate in some solid ICOs. Next, quit your job and continue with the safe trades. That would be my suggestion. Good luck breaking free! for help with https://1broker.com/ talk to @fyrstikken or @ seablue in the steemspeak discord channel.   https://discord.gg/aJdUegD

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May 04, 2017, 03:56:04 AM
 #48

It can be a source of income, but not to be considered as a primary one, more like a supplemental source to help augment what you earn with a full time job. It is a good time to earn bitcoin when the price is really high, like right now, but it would be difficult to accept it as salary if the price goes down very low.

I agree, unless you work getting paid bitcoin or you work in projects that is centered in bitcoins, then you can never ever earn enough if you concentrate here. Bitcoin is very young, it requires more adoption so that people can really truly say they can work for bitcoins.
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May 04, 2017, 04:06:53 AM
 #49

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 , in the current time lots of person are investing Thier time for the cryptocurrency​ and looking for the cryptocurrency as an income for Thier family .
But if anyone is new in this field then he can't get believe in such types of things because he can't believe in the money making system that are fluctuating more then what we have in real life Fiat money .
So when you will spent your lot of time then you will surely believe in such types of the things and will invest your money in this field and can easily focus to make bulk money earning  .
So justake your experience and know everything about the cryptocurrency that at which time we should buy and sell the altcoins and what other ways to make and generate business in these things .

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May 04, 2017, 04:11:45 AM
 #50

It depends upon you if you have some skills to offer, you could provide those services to your clients and get paid via bitcoin
Before leaving your job do some research or preparation first. You could try to learn trading or joining some sig campaign to know where you can earn better or you could do both.
Once you have an stable income and earning a good amount of money, you're ready to leave your job.

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May 04, 2017, 05:30:58 AM
 #51

It is rather not advisable to leave a job because of bitcoin, earning bitcoins is just an alternative source of income but earnings generated from bitcoin is not much and may/ cannot be used to sustain a family but can be used to offset some minor bills.

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May 04, 2017, 05:38:02 AM
 #52

It is rather not advisable to leave a job because of bitcoin, earning bitcoins is just an alternative source of income but earnings generated from bitcoin is not much and may/ cannot be used to sustain a family but can be used to offset some minor bills.

this depend, right now a single rig give you $500 minimum per month, that is a lot, you can leave your job and go full time with mining right now without thinking, and i'm doing it

and the thinking behind which any job is more secure than earning money with bitcoin it's bullshit, job are not that secure like many people think, you cna lose it from one day to another because someone better than you was hired

with 4 rig you cna sustain a family if you want that is $2k per month, not to mention all the scam coins thta can give you plenty of coins in seconds when mined early
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May 04, 2017, 05:57:41 AM
 #53

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?

The bitcoin income is not fixed you have to think carefully about leaving jobs and bitcoin prices are also unstable, you must really manage your finances to take that risk.

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May 04, 2017, 06:05:29 AM
 #54

Yes bitcoin is a great source of income this day many people getting 2-3 bitcoin permonth but always consider working and investing in many ways to earn bitcoin in bitcoin mining if you have invested in a good and high end hardware you can create a bitcoin farm and get 2-3bitcoin per month and thats really a good income.

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May 04, 2017, 06:17:00 AM
 #55

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 people leave their job offline, and fucusing on the online world
i think income from bitcoin high more than job offline
do not affaid to focusing on bitcoin many people success from bitcoin and you get more time to your family Smiley

 
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nightxglow
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May 04, 2017, 06:56:40 AM
 #56

It's possible that they left their old job and focus on cryptocurrency if their income here is bigger and better than their old job. I think it's great to rely ourselves on bitcoin income if you have skills and know well how to make money from bitcoin. But if not, i think you can start step by step, maybe by learning about trade, mining, or offering your skills, joining signature campaign and others that can help you gain money. You can try it as your side job first and if you really sure it will give you more income than your real job than maybe you can quit and focus yourself. but be carefull because everything has a risk. IfIt's possible that they left their old job and focus on cryptocurrency if their income here is bigger and better than their old job. I think it's great to rely ourselves on bitcoin income if you have skills and know well how to make money from bitcoin. But if not, i think you can start step by step, maybe by learning about trade, mining, or offering your skills, joining signature campaign and others that can help you gain money. You can try it as your side job first and if you really sure it will give you more income than your real job than maybe you can quit and focus yourself. but be carefull because everything has a risk. If you prefer not taking any risk than just stay at your job which is more stable in income.

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DoublerHunter
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May 04, 2017, 07:39:55 AM
 #57

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?

You can focus on a lot of field that is related into bitcoin and i think it can help you to be rich faster than being employee in your work. You can focus here in our forum and focus on your signature campaign earnings and invest it and diversify it on trading and also investment to minimize the risk and it will give you a higher chance of getting profits.
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May 04, 2017, 09:56:32 AM
 #58

If you are making enough through mining, like massive mining rigs with good power rates then you can live of that.  Or if you are good at trading and have good capital then you can also go about it that way.
I think do not make bitcoin as the main income and depend on bitcoin if you do not have a fixed income or workforce. Look for a job that's fixed and you have a guaranteed income. I do not think you can make trading the main job
Sanekavg13
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May 04, 2017, 10:05:56 AM
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If you are making enough through mining, like massive mining rigs with good power rates then you can live of that.  Or if you are good at trading and have good capital then you can also go about it that way.
I think do not make bitcoin as the main income and depend on bitcoin if you do not have a fixed income or workforce. Look for a job that's fixed and you have a guaranteed income. I do not think you can make trading the main job

I think so too. Bitcoin is just for fun and if I'm lucky, you can still make a profit. And besides him there are several other coins.
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May 04, 2017, 10:50:18 AM
 #60

It is rather not advisable to leave a job because of bitcoin, earning bitcoins is just an alternative source of income but earnings generated from bitcoin is not much and may/ cannot be used to sustain a family but can be used to offset some minor bills.
Thats true, I think it would be better if you make bitcoin as extra income. Do not take the risk of getting out of your job. And switching to bitcoin will therefore be at risk
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