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Author Topic: Bitcoin as a source of income?  (Read 96168 times)
myelbow4
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May 28, 2017, 09:06:09 AM
 #701

Bitcoin isn't a source of income, it is a source of investment, we invest and we get earn money from the investment when we cash out. The only ones really earning income from bitcoin are those offering various forms of services and accepting bitcoin as a payment method.
I think you are a bit confused about investment and also source of income. If you know what is the meaning or essence of investment then you actually know that investment is a source of income. Investment is when you put money on something and you wait it to grow your money in exponential numbers and i think it is very common for bitcoin because when you invest in bitcoin then you already have a source of income.
I think he's right, it's just like "money is not a way to earn money, you can take money as the reward of your work" so that Bitcoin is a currency, we take Bitcoin as the reward and make profit from it.
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Warry
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May 28, 2017, 09:09:12 AM
 #702

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.
In my country, Bitcoin is not yet so popular but I think there are many people who do quit their jobs because of Bitcoin, maybe they find a way to make profit from it, or maybe they just get tired with their jobs and know about Bitcoin so that they choose Bitcoin instead of their jobs.
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May 28, 2017, 10:18:55 AM
 #703

Bitcoin isn't a source of income, it is a source of investment, we invest and we get earn money from the investment when we cash out. The only ones really earning income from bitcoin are those offering various forms of services and accepting bitcoin as a payment method.

You too got it wrong. Bitcoin is not a source of income nor a source of investment. Its just a currency like US Dollars, euro etc. You can work online and get paid in bitcoins. Similarly you can invest in bitcoin enabled investment site and get returns of investment in the form of bitcoins. You can only save the bitcoin and wait for its price increase and gain profit. All the above things can be done with any currency like US dollars or Bitcoins.
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May 29, 2017, 04:43:48 AM
 #704

Doing tasks, signature campaigns and avatars etc... aren't a stable source of income at all, if you don't get a job in an established bitcoin company like Coinbase it would be hard to get a stable profit... The difficulty would depend on your country and the standards of living and the minimum amount you need to achieve to live there.
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May 29, 2017, 04:55:12 AM
 #705

Bitcoin is my income that will make me even better in life to its future.
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May 29, 2017, 11:01:08 AM
 #706

Not exactly for me as if now bitcoin is  alternative income once i make decision to leave job in future i make sure that i have enough bitcoin balance to run my life then i will rely on bitcoin earning trading etc.  till that its just alternative income .
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May 29, 2017, 12:09:12 PM
 #707

Bitcoin is source of income even it is just launched on its first day because a lot of people already made an investment for bitcoin and since then, they are already making money from it and now more and more people are making money from bitcoin and that is totally a source of income.

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whizter
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May 29, 2017, 12:22:24 PM
 #708

Bitcoin isn't a source of income, it is a source of investment, we invest and we get earn money from the investment when we cash out. The only ones really earning income from bitcoin are those offering various forms of services and accepting bitcoin as a payment method.

You too got it wrong. Bitcoin is not a source of income nor a source of investment. Its just a currency like US Dollars, euro etc. You can work online and get paid in bitcoins. Similarly you can invest in bitcoin enabled investment site and get returns of investment in the form of bitcoins. You can only save the bitcoin and wait for its price increase and gain profit. All the above things can be done with any currency like US dollars or Bitcoins.
in fact bitcoin is created as currency, but still the users of bitcoin are not too many, and therefore most of the people are using it as a good source fo investment and income. because the price of bitcoin is continuously increasing and it is really giving good profit to the people who are holding it. may be in future when the users of bitcoin will increase then people will be using bitcoin as currency for shopping and running a business.

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kidoseagle0312
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May 29, 2017, 12:24:58 PM
 #709

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?



It maybe true that some of the bitcoin enthusiast rely on bitcoin, but it maybe few of them leaving their jobs only not majority of them.
Because it is not good for now to leave your job now just because of bitcoin only especiallyif you have a family that you need to support, make bitcoin as your partime or additional source of income as a starter.
Heartilly
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May 29, 2017, 12:28:16 PM
 #710

Earning bitcoin can be a good source of income but if you intend to leave your job and just focus on it, then you need to think first. There are many ways on how you can earn Bitcoin, like trading and signature campaigns.

Trading is risky so it is not good to rely on it and signature campaigns are infrequent so I would suggest that you stay on your current job and do bitcoin during your past time or free time.

By doing this, you will learn more about bitcoin and that's when you can decide if you really want to pursue it in full time or just for a part time.
Yutikas_11920
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May 29, 2017, 12:49:51 PM
 #711

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.

Hahaha, just once. I'm also not convinced that there are people who are already leaving the previous job and then use the bitcoin as digital currencies. Basically indeed bitcoin is a very profitable, but that all is not right thing to do if indeed only focus into the bitcoin. Because it has a period of bitcoin advantage and not always give us the profit or earnings, so it would be better used for investment bitcoin
 
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May 29, 2017, 01:15:22 PM
 #712

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?



It maybe true that some of the bitcoin enthusiast rely on bitcoin, but it maybe few of them leaving their jobs only not majority of them.
Because it is not good for now to leave your job now just because of bitcoin only especiallyif you have a family that you need to support, make bitcoin as your partime or additional source of income as a starter.
I agree, leaving your main job for the sole reason that you are also earning a decent amount of bitcoin is not enough. We should not be too dependable on bitcoin and consider it as an alternative way of earning some money during our free time. It may be better to keep your main job then save little by little then invest itnto bitcoin.
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May 29, 2017, 01:22:05 PM
 #713

Earning bitcoin can be a good source of income but if you intend to leave your job and just focus on it, then you need to think first. There are many ways on how you can earn Bitcoin, like trading and signature campaigns.

Trading is risky so it is not good to rely on it and signature campaigns are infrequent so I would suggest that you stay on your current job and do bitcoin during your past time or free time.

By doing this, you will learn more about bitcoin and that's when you can decide if you really want to pursue it in full time or just for a part time.
Yes youre right. Bitcoin is a modern source of income for us. It helps us in many ways, as like our real money , we can buy foods, pay our bills, give money to our parents. But the thing is, it is not good to stop our old jobs just because of bitcoin. Yes were earning money from it but it is not good to quit job. We need to have fun in bitcoins . We can treat it as an enjoyment not always a source of income.
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May 29, 2017, 02:02:16 PM
 #714

Well bitcoin is now known in this world so much that people tend to leave their jobs behind when they started earning bitcoins. The person who taught me the life in here was my cousin. He told me that we could earn REAL money in here without doing anything and I was like wow. He started last year and he earned a lot. He gave his money to fix their rooftop and he bought his own internet and bought a brand new computer and he's the person that pays the bill of their home(electricity and stuff). Wow I didn't know that this kind of activity is possible and now I'm starting to learn how to get an income in bitcoin thanks to my cousin.
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May 29, 2017, 02:39:02 PM
 #715

Well bitcoin is now known in this world so much that people tend to leave their jobs behind when they started earning bitcoins. The person who taught me the life in here was my cousin. He told me that we could earn REAL money in here without doing anything and I was like wow. He started last year and he earned a lot. He gave his money to fix their rooftop and he bought his own internet and bought a brand new computer and he's the person that pays the bill of their home(electricity and stuff). Wow I didn't know that this kind of activity is possible and now I'm starting to learn how to get an income in bitcoin thanks to my cousin.
Yes, many have made Bitcoin as a mainstream job, Bitcoin has made many people more economically stable. Me too, I do not quit my main job that I do both. Main work is done daily, and earn Bitcoin I work overtime to earn more income. Thanks to Bitcoin, my family life is better now. But here one thing you say is not right, in order to earn Bitcoin you need to work hard and learn, if you do not you will not get it.
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May 29, 2017, 03:29:05 PM
 #716

Nor easy, I too aim at something like that but to actually try to implement it and depend on BTC as a source of income "as a primary job" you would at least need to get a monthly stable profit larger than actual salary, since the web and BTC and it's projects aren't stable or predictable.
infer
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May 29, 2017, 03:53:47 PM
 #717

Well bitcoin is now known in this world so much that people tend to leave their jobs behind when they started earning bitcoins. The person who taught me the life in here was my cousin. He told me that we could earn REAL money in here without doing anything and I was like wow. He started last year and he earned a lot. He gave his money to fix their rooftop and he bought his own internet and bought a brand new computer and he's the person that pays the bill of their home(electricity and stuff). Wow I didn't know that this kind of activity is possible and now I'm starting to learn how to get an income in bitcoin thanks to my cousin.
It will be very great if a person can maintain his job in the real world and also can earn money with bitcoin





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bitsmichel
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May 30, 2017, 02:47:03 AM
 #718

Bitcoin is a source of income for me but only as an extra as at this stage I cannot depend only on income from bitcoin for living as its not giving me too high income for which I should quit my day job and my first attention would be only on my full time job for living and bitcoins is good as an bonus income which can be earned in free time.

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May 30, 2017, 02:51:01 AM
 #719

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?

People shouldn't leave their job in order to focus on earning woth bitocoin since it's not stable yet it can be sourcd of income if you spend most of your money in investment and good in trading, otherwise it can not be since many poeple are also seeking for opportunity here.
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May 30, 2017, 07:43:41 PM
 #720

Bitcoin is a source of income for me but only as an extra as at this stage I cannot depend only on income from bitcoin for living as its not giving me too high income for which I should quit my day job and my first attention would be only on my full time job for living and bitcoins is good as an bonus income which can be earned in free time.

yes you are right everyone cannot depend only on bitcoin income, the majority of the people have made bitcoin income as a source of extra income and work in bitcoin in part time because their earning from bitcoin is not enough to met their daily life needs that's why they also join some real jobs, but i think there are still many people who live their life only on bitcoin income and they are living very good life because they obtain so much opportunities from bitcoin and living a happy life.

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