MBworld (OP)
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August 29, 2017, 08:55:57 AM |
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I was just wondering that is it possible to earn steady income without going 8-5 hours regular office job.. I mean you got some bitcoin in your wallet .. are you the enough for living ?
another option is to regularly working on Bitcoin related trading/activites .. that earn you enough amt of monthly income ..
what's your opinion
Note: this is not for poor fellow who just discovered bitcoin or altcoins
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Lieldoryn
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August 29, 2017, 09:01:01 AM |
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It is possible, but only if you have the necessary skills. But I don't recommend you completely abandon official work. No one knows what will happen with bitcoin in the future. You risk to remain without money and pensions. You will agree with me it is very risky.
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Chachacoin17
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August 29, 2017, 09:02:29 AM |
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I was just wondering that is it possible to earn steady income without going 8-5 hours regular office job.. I mean you got some bitcoin in your wallet .. are you the enough for living ?
another option is to regularly working on Bitcoin related trading/activites .. that earn you enough amt of monthly income ..
what's your opinion
Note: this is not for poor fellow who just discovered bitcoin or altcoins
Yes, it's truly possible to earn enough income for a living without a day job or a regular job. There are lots of ways to earn bitcoin and if you just focus on your strength and skills with your passion, you will earn more bitcoin that having a job. Just increase your knowledge about bitcoin so that you will know how much risk you are facing because there's always a risk specially in trading and investing. So, make the best out of it and Good luck!
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joseafonso123az
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August 29, 2017, 09:06:06 AM |
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It's not easy earn enough to live without a job. As this market is risky, even if you are someone who trades a lot, have lots of knowledge in it, probably someday you'll incur a loss, so you wouldn't make enough then. But, there are jobs that pay in bitcoin, or you can be a freelancer that might get you what you want. But without knowledge, or any kind of skill, it's diffcult to earn enough with bitcoin.
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Pursuer
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August 29, 2017, 09:08:57 AM |
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I was just wondering that is it possible to earn steady income without going 8-5 hours regular office job.. I mean you got some bitcoin in your wallet .. are you the enough for living ?
you still need to do a job to get that much bitcoin and depending on what you can do online for bitcoin you may end up working 10-12 hours a day for the same amount of payment you got from your "office job" but get it out of bitcoin or you can make that in 1 hour! but as I said it depends on what you can and can not do. another option is to regularly working on Bitcoin related trading/activites .. that earn you enough amt of monthly income ..
that is a viable option but only if you are good at trading, have some experience and if you are ok with the stress of trading and the crazy swings that sometimes happen. if so then start it as a second job first and then if you were successful then you can go full time and big. also take a look at altcoin trading there is a good amount of money there too.
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Only Bitcoin
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peter0425
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August 29, 2017, 09:13:49 AM |
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I was just wondering that is it possible to earn steady income without going 8-5 hours regular office job.. I mean you got some bitcoin in your wallet .. are you the enough for living ?
another option is to regularly working on Bitcoin related trading/activites .. that earn you enough amt of monthly income ..
what's your opinion
Note: this is not for poor fellow who just discovered bitcoin or altcoins
No. For me you should still get a decent and steady job and not just rely on your bitcoin trading earning. Because the earnings in trading is not as reliable as your steady job that you can get payment every week or two. We know that in order to survive, we need to have money, so if the income in trading is unstable then you will not enjoy your life. If you really want to leave your regular job, I suggest you save first like 6 months bucket of funds, then you can move out and pursue your dream of making big in trading. But if you don't have enough funds in you wallet for at least 6 months to 1 year, I advise you don't quit your regular job
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INVALID BBCODE: close of unopened tag in table (1)
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Diablesfunis
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August 29, 2017, 09:14:02 AM |
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If you have some experience in trading maybe you can earn enough for living without the need of job but if you only aiming for some bounty campaign, i suggest not to because its not reliable.
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franco123
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August 29, 2017, 09:15:02 AM |
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In my opinion, if you have the opportunity to have a job, grab it. You can always participate into Bitcoin activities like signature campaigna in your spare time. And also you can do some trading even if you are at work all you need is to have an alert on Bitcoin prices on your phone whether it is going up or down. What Im trying to say is that if you can do both, then do both. Its beause if you do both, then you earn from both. You earn double! Because who knows when will you be needing the extra money you have because of doing so.
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buwaytress
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August 29, 2017, 09:18:54 AM |
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It all depends on your economic context. Notwitstanding weak employment regulations where a lot of people still earn less than the legal requirement, I come from a part of the world where minimum wage is less than $180 at today's USD rate. At a minimum of 40 hours a week, that's just about $1.12x dollars per hour of work. At today's BTC price, taking into account tx fee and fiat conversion fees, we're talking about 30,000 satoshi per hour.
You can immediately see here that it's already possible to earn more with BTC than you would a fixed job in that economic context. Take into account cost savings on transport and time savings on travel, and it becomes even more attractive. Consider that BTC is on an upward price trend and the picture gets even clearer.
I recently moved halfway across the world where min wage is about 8 times higher. So a simple conversion means I need to earn 0.0024 BTC an hour to keep up as a freelancer. It is tough. If I take a day off, I don't earn. I'm sure a trader, seller, other freelancer would say the same. Some skills are more marketeable than others. You can earn more as a reputable escrower than as a writer for the same hours. But it's all cumulative experience and knowledge end of the day. You don't always earn what you deserve, but hard work eventually pays off.
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illinest
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August 29, 2017, 09:31:03 AM |
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I was just wondering that is it possible to earn steady income without going 8-5 hours regular office job.. I mean you got some bitcoin in your wallet .. are you the enough for living ?
another option is to regularly working on Bitcoin related trading/activites .. that earn you enough amt of monthly income ..
If you can cut it as a trader (most cannot), then sure, you can make a steady income. But the thing about trading is, due to variance, you can go on long losing or break-even streaks even if your system is proven to be profitable. So you need a good deal of money in the bank as a cushion against those times. Or if you're a coder with a good idea and you can get some seed money, then I'd say go for it. But if you are talking about grinding it out with signature campaigns and altcoins bounties and the like, I would keep your day job.
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anon4250158
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August 29, 2017, 09:51:34 AM |
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As a trader, you have to have a nice amount of principle to replace the wages of a 9-5 job. And there are significant risks to being a trader, even if you enjoy it. You'd still have to spend many hours a day monitoring the markets (which are 24/7/365) and doing research.
You could also make a living doing freelance work. You'd be doing a 9-5 job, but at least you could work from home, set your hours, and choose what interests you.
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BitSat
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August 29, 2017, 10:02:44 AM |
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I suggest you never do this because Bitcoin is still not reliable for full time job if you want to earn extra money then its good idea but for full time job you can crush any time if you have no enough funds in your backup but if you are very good in trading then this can help you much better but still time to do full time job with Bitcoin
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Vishnu.Reang
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August 29, 2017, 11:06:28 AM |
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I am earning around BTC0.04 from my signature campaign every month, and that works to around $170 at current price levels. And it is not possible to lead a comfortable life with this amount, even in the remote villages where the expenses are low. So I am fully dependent on my regular job to survive.
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AwpDragonPoor
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August 29, 2017, 11:10:07 AM |
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I think you can, but barely. It would definitely make your living conditions worse, and would be much easier for you to earn more from a job.
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MetaSk
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August 29, 2017, 11:12:37 AM |
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I know few people who live only from what they earn with mining but it sucks if you ask me.
You should have a job just to be able to justify the taxes and stuff.
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bitcon
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Merit: 1008
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August 29, 2017, 11:22:15 AM |
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I think you can, but barely. It would definitely make your living conditions worse, and would be much easier for you to earn more from a job.
You can earn with trading, but it is quite difficult. I mean you need to read a lot and have a great practice. And always there is a chance that you lose. You can just try and decide if trading is yours or not.
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carlisle1
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August 29, 2017, 11:23:42 AM |
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I think you can, but barely. It would definitely make your living conditions worse, and would be much easier for you to earn more from a job.
well with how the OP stated its for the early birds who already gotten enough with their bitcoin activity me I can say that I'm already getting enough and enjoying the comfort of my room since I played with my earnings and uses it inside trading with my daily earnings I see to it that I also save enough to secure just in case some emergency happens to me.
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Insanerman
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August 29, 2017, 11:24:53 AM |
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I am earning around BTC0.04 from my signature campaign every month, and that works to around $170 at current price levels. And it is not possible to lead a comfortable life with this amount, even in the remote villages where the expenses are low. So I am fully dependent on my regular job to survive.
Thats good enough as an extra earning. You can use that extra income for any goods you want to buy beyond your budget. That right that you did not resigned from your regular job, its enough that you have an extra income, we know that this campaign is not forever, it has duration and once it stop, you have to apply for another one.
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rodskee
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August 29, 2017, 11:25:48 AM |
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I was just wondering that is it possible to earn steady income without going 8-5 hours regular office job.. I mean you got some bitcoin in your wallet .. are you the enough for living ?
another option is to regularly working on Bitcoin related trading/activites .. that earn you enough amt of monthly income ..
what's your opinion
Note: this is not for poor fellow who just discovered bitcoin or altcoins
yes why not bitcoin give opportunity to get a decent job, its possible you can get a monthly income without regular office job, more ways to get an income using bitcoin you can join the signature campaign, social media campaign and many more to provide you daily needs, you need to study about bitcoin to become skill how to make money with bitcoin, for me bitcoin is a real job the advantage working with bitcoin no need to travel everyday to go in the office, and working at home with your own time,
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denetci
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August 29, 2017, 11:30:55 AM |
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i do not think it is possible without trade. if you are good and experienced in trade maybe you will earn enough money. But flrst of all, you need good capital to buy btc.
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