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Author Topic: Bitcoin as a source of income?  (Read 96168 times)
lepbagong
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July 08, 2017, 10:24:48 PM
 #1541


Although I have not experienced but I've seen friends have already cashed bitcoin and spend their personal needs, even now more focused to make mined bitcoin for the fulfillment of daily needs.
Could change with bitcoin

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July 09, 2017, 01:27:21 AM
 #1542

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?
Leaving your job for bitcoin only means that you are getting much bigger amount in bitcoin than in your job. But for those who are just starting in the world of cryptocurrency it is better to hold on to your job which is much stable and take bitcoin only as part time. There are many ways to gain bitcoin in this forum just go in the section of services.
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July 09, 2017, 01:54:44 AM
 #1543

Bitcoin can be source of income with consideration, if from our activities in it provide better than having a boss. I am have proven, bitcoin can meet the cost my life and family. Bitcoin into a new tap for me.

Earning money through bitcoin is mostly bigger than what you could earn on a normal job, that is why it would be better if you are going to quit your job if this is the situation you are in, instead on focusing on your job why not spend all of your time on bitcoin so that you could earn more bigger out of it. Time is gold, that is why we have to think of the things that we really wanted to do in life before it is too late.

Working to earn money is the most common scenario nowadays, but the truth is we have to learn how money will work for us, for example is Investing our money into bitcoin and make profits in the long run, or do Trading, which also have the same benefits to us(depends on the Coins that you have though).
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July 09, 2017, 06:42:39 AM
 #1544

Yes, many peoples are choosing bitcoins for their source of income.Earning money through bitcoin is morethan earn on a normal job. so many peoples are leaving job and doing earning bitcoins their own ways.
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July 09, 2017, 07:50:39 AM
 #1545

At present bitcoin is my best income source.Because my big amount come from bitcoin.

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July 09, 2017, 09:10:28 AM
 #1546

It can be a source of Income if you have skills or you have a project/website
just make sure you have a sure income because leaving your job for bitcoin is not a good thing


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OrangeII
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July 09, 2017, 09:17:31 AM
 #1547

It can be a source of Income if you have skills or you have a project/website
just make sure you have a sure income because leaving your job for bitcoin is not a good thing


All work requires skill, and of course in the world of cryptocurrency as well. Making bitcoin the main income you have of course requires special skills, such as trading or the like. If you do not have it, it may be very difficult to make bitcoin as a source of income.


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HarleyQuinn9876
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July 09, 2017, 09:43:06 AM
 #1548

I do not think Bitcoin is the main source of income. We should do our job right now. Making money from bitcoin is only a source of extra income. In fact, many people make money from bitcoin, and that is their main source of income. But it lacks stability, so I think we should consider bitcoin as an investment

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July 09, 2017, 10:36:39 AM
Last edit: July 09, 2017, 10:48:45 AM by pfrtlpfmpf
 #1549

I made bitcoin my main income, and gave up my dayjob !

Even in bad times, i earn more than i need, or could aquire by regular work. (except in full crash scenario)
So far, so good. And i saved for hard times. Diversified. I´m not stupid, you know . . well, just a little  Smiley

Only thing is, i use exchanges, and they could go bust anytime. Never put all your money on those exchanges. They´re necessary, but don´t leave your dosh there for no reason !


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July 09, 2017, 10:39:59 AM
 #1550

You could use a percentage or whatever and as long as you're the one setting it up then I'm sure you won't have too many trust issues, as long as you don't use some kind of weird bank account off in middle of Indonesia and you should be okay.
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July 09, 2017, 10:43:25 AM
 #1551

I made bitcoin my main income, and gave up my dayjob !

Even in bad times, i earn more than i need, or could aquire by regular work. (except in full crash scenario)
So far, so good. And i saved for hard times. Diversified. I´m not stupid, you know . . well, just a little  Smiley


Wow its amazing to know that you did quit your day work because of bitcoin and its really a serious thing that you done because quiting and switching to bitcoin is risky knowing the possibilities of crash into bitcoin but well its your own decision and even I would really do the same thing if I saw that I'm earning too much compared on my day job but at the same time diversifying would be always a good move too.

NoNetwork
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July 09, 2017, 10:49:13 AM
 #1552

Yes, many peoples are choosing bitcoins for their source of income.Earning money through bitcoin is morethan earn on a normal job. so many peoples are leaving job and doing earning bitcoins their own ways.
Many people? There's no many people.

As far as we know, Bitcoin is not really known by many, you could say few. But the thing is, yes they've heard about Bitcoin and that's it, they just don't know what Bitcoin really is.

Well they only leave their jobs because that job doesn't pay that much, but if their job pays more then, they will not migrate to Bitcoin.
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July 09, 2017, 10:49:45 AM
 #1553

Yes, many peoples are choosing bitcoins for their source of income.Earning money through bitcoin is morethan earn on a normal job. so many peoples are leaving job and doing earning bitcoins their own ways.

In my opinion. it is considered one of the best source of extra income while working. I disagree with people leaving their jobs and pursuing bitcoin since having a job tends to develop your skills and abilities more. Bitcoin can be a sideline for them to earn extra money while working but if they are going to leave their jobs for this, then there is the potential of risk losing it. The biggest advantage of bitcoin for me as a student is I earn money while studying. This helps me in my day-to-day expenses while also helping my parents. All of us have different use for bitcoin but in the end, it positively helps us all and brings endless opportunities in the future.

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pfrtlpfmpf
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July 09, 2017, 11:12:32 AM
Last edit: July 09, 2017, 11:50:19 AM by pfrtlpfmpf
 #1554

Yes, many peoples are choosing bitcoins for their source of income.Earning money through bitcoin is morethan earn on a normal job. so many peoples are leaving job and doing earning bitcoins their own ways.

In my opinion. it is considered one of the best source of extra income while working. I disagree with people leaving their jobs and pursuing bitcoin since having a job tends to develop your skills and abilities more. Bitcoin can be a sideline for them to earn extra money while working but if they are going to leave their jobs for this, then there is the potential of risk losing it. The biggest advantage of bitcoin for me as a student is I earn money while studying. This helps me in my day-to-day expenses while also helping my parents. All of us have different use for bitcoin but in the end, it positively helps us all and brings endless opportunities in the future.

No more sideline for me. If i loose it: back to my stash and retire. No Lambo then, but i could live with that.

Btw, i´m over 50.
65 or 70 retirement age, soon to come, fck that, i live only once, and i´ll make sure, that it counts . . .
But your priorities may vary !



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July 09, 2017, 12:33:33 PM
 #1555

Yes, many peoples are choosing bitcoins for their source of income.Earning money through bitcoin is morethan earn on a normal job. so many peoples are leaving job and doing earning bitcoins their own ways.

In my opinion. it is considered one of the best source of extra income while working. I disagree with people leaving their jobs and pursuing bitcoin since having a job tends to develop your skills and abilities more. Bitcoin can be a sideline for them to earn extra money while working but if they are going to leave their jobs for this, then there is the potential of risk losing it. The biggest advantage of bitcoin for me as a student is I earn money while studying. This helps me in my day-to-day expenses while also helping my parents. All of us have different use for bitcoin but in the end, it positively helps us all and brings endless opportunities in the future.

No more sideline for me. If i loose it: back to my stash and retire. No Lambo then, but i could live with that.

Btw, i´m over 50.
65 or 70 retirement age, soon to come, fck that, i live only once, and i´ll make sure, that it counts . . .
But your priorities may vary !





It is good to collect BTC for the future and have extra money. As Qwertyup23 wrote, the job develops qualifications. What happens if BTC is not a sufficient source of income?
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July 09, 2017, 02:26:07 PM
 #1556

Yes, many peoples are choosing bitcoins for their source of income.Earning money through bitcoin is morethan earn on a normal job. so many peoples are leaving job and doing earning bitcoins their own ways.
Many people? There's no many people.

As far as we know, Bitcoin is not really known by many, you could say few. But the thing is, yes they've heard about Bitcoin and that's it, they just don't know what Bitcoin really is.

Well they only leave their jobs because that job doesn't pay that much, but if their job pays more then, they will not migrate to Bitcoin.

Yes its true that if their job is paying good they will not leave it for bitcoin. But how about even though their job is paying that much they will be able to leave that because in bitcoin you can work at your comfort zone like waking up in the morning doing some services by bitcoin without taking a bath nor brushing your teeth, without changing clothes. Sounds lazy but much more comfortable especially no bossy boss, no traffic and no hassle.

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July 09, 2017, 03:17:55 PM
 #1557

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?


For me earning bitcoin is also a part of source of income you can earn extra money while doing your own personal job or while you are in your house even bitcoins is a source of income but for me this just a partime earning you still need a stable income for your delay basic needs

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July 09, 2017, 04:18:29 PM
 #1558

Bitcoin can be source of income with consideration, if from our activities in it provide better than having a boss. I am have proven, bitcoin can meet the cost my life and family. Bitcoin into a new tap for me.
if you live in a low cost of living place i think your argument is reasonable ,
but when you live in most european countries sometimes it won't worth ,
people usually in europe have to earn €1,500 to €2,000 monthly to live in average economics ,
tell me how do you guys earn that much through bitcoin?
True but at the same time, bitcoin liberate you from the fact that you have to live in a specific plate to get to your job, with bitcoin you can live anywhere and make money as long as you have an internet connection, so you can move to a cheaper place to live if needed be.

That is the main point what you told is correct, what if you are living in costly place dont mean that Bitcoin earning is nothing for it, so better go for cheaper location and then see that what you are earning in Bitcoin is more then enough to live happily. But it is also true that in some country where the fiat conversion price is very high so what ever they are earning through bitcoin is very big then what they are earning in their salary.
Also we need to take into consideration other factors, if you are single then moving out is a very simple process, but if you are married you will need to consult with your partner and you could find opposition to your idea by your partner, kids or extended family.

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July 09, 2017, 04:25:05 PM
 #1559

I made bitcoin my main income, and gave up my dayjob !

Even in bad times, i earn more than i need, or could aquire by regular work. (except in full crash scenario)
So far, so good. And i saved for hard times. Diversified. I´m not stupid, you know . . well, just a little  Smiley

Only thing is, i use exchanges, and they could go bust anytime. Never put all your money on those exchanges. They´re necessary, but don´t leave your dosh there for no reason !




Yes, diversification is very important in any kind of investment. Talking of exchanges going bust, I'm a victim of Mt. Gox. For the guys getting into crypto now, bear in mind that anything can happen on these exchanges. Never store more coins there than you can afford to lose.

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July 09, 2017, 04:25:12 PM
 #1560

At present bitcoin is my best income source.Because my big amount come from bitcoin.

Not only you, I believe that bitcoin will become the main source of income for most people in the forum, although it can not make them rich, but it can help improve their lives.
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