El_rancho
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Activity: 84
Merit: 1
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March 12, 2018, 04:30:24 PM |
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I believe this is a very conceivable layout and configuration. If it was 5 years or 2 years ago, the whole
idea would never work. But with bitcoin's popularity and market price today, I'd say it can work out well
for people who are committed with earning and investing bitcoins for a living. I know people who walked
away from their office jobs to focus on bitcoins, convinced that they can make better profits with going
full time in cryptocurrencies. At first I thought it was some sort of joke to make noise but it was real. It
is possible to have bitcoins as a main source of salary.
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"With e-currency based on cryptographic proof, without the need to
trust a third party middleman, money can be secure and transactions
effortless." -- Satoshi
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vv181
Legendary
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Activity: 1932
Merit: 1273
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March 12, 2018, 04:38:47 PM |
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Relying upon Bitcoin as the first source of main income is really a dangerous idea. We simply can't rely our income on a highly speculative asset, that is too risky for us. We better to make it as a side income since it will be better rather than a full commitment to it.
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munify
Jr. Member
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Activity: 386
Merit: 1
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March 12, 2018, 04:44:24 PM |
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Bitcoin is a currency. Bitcoin is a solution to many problems. Bitcoin is bringing questions and new problems to this world.
Some people find this as a ride to boost your income, not specifically Bitcoin but also the whole crypto market.
I think it's a great thing! But what are you actually looking for? Bitcoin itself (the currency) might not be your solution.
If you want to "conquer" the world, you can't do it with Bitcoin. Like you can't conquer the world with the dollar itself.
You need to focus the technology. The blockchain along with it, bringing a new economy generation with freedom and decentralization.
It's something that should be written a new bible about in my opinion. Before you learn Bitcoin, learn economy. Once you master this skill, own Bitcoin as one of your cards.
I would like to hear some of your opinions and hear some smart words because I believe people think investing Bitcoin will make their life done financially but I honestly think it's not true.
I think bitcoin is not good as the main income because of the unstable bitcoin price. Bitcoin is better used as an alternative income to help the necessities of life. |
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A Metaverse App to Shop, Learn, Organize, and Play! |
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Vannie12
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March 12, 2018, 04:46:01 PM |
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Do not focus on the financial assistance it gives. You might forget the main point of Bitcoins as of its decentralized quality. Bitcoins are flexible, may provide income, faster transactions and less lees also the privacy. As income becomes very obvious and attractive to many investors, I would not recommend to anyone to solely depend on bitcons since it is extremely volatile. Markets will continue to fluctuate and there is nothing you can do about it.
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Farhan786
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Activity: 308
Merit: 10
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March 12, 2018, 05:02:18 PM |
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If I consider everything to be judged, I see Bitcoin, my main income. I'm still a student. I do not do any job All of the leisure time I spend on increasing the bitcoin.
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nadbucs
Jr. Member
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Activity: 182
Merit: 5
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March 12, 2018, 05:04:57 PM |
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Choosing bitcoin as a main source of income is depending on everyone's status. In my case, at present I prefer as main income is my job salary since there is an assurance that I will receive stable amount every end of the month. Investing or joining bounties to earn bitcoin as an extra income is so beneficial especially for low income individuals. Unless, I have already enough amount of bitcoin that I can invest and gain more profit. Afterwards, I prefer to invest in some other kind of business as well.
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Boh manok
Member
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Activity: 328
Merit: 10
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March 12, 2018, 05:10:28 PM |
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Since I do not have a regular job yet and I am a student who needs a lot of money to pay for college, this bitcoin is my main source of income and income from bitcoin is quite a lot, and I am now very focused on bitcoin and my college.
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selectaselectine
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Activity: 235
Merit: 16
I-CHAIN - The Revolution of Digital Advertising
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March 12, 2018, 05:27:26 PM |
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I guess it's possible if you only focus you job unto some bitcoin-related works. But as for me, I guess it can also be used as an additional source of income since it's value can change from time to time. Anyway it really depends on how it works for you.
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outsider99
Newbie
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Activity: 54
Merit: 0
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March 12, 2018, 05:38:04 PM |
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Bitcoin may help you have an extra income but i think it can not become your main income since cryptocurrency has a value that is not stable. And, no one knows when it will rise so it is not that good to depend on bitcoin and to make it your main source of income. But it is always better to trust and use bitcoin as a source of extra income.
I agree with you that bitcoin is an additional income, because bitcoin is unstable and can not always be used in everyday transactions. and I still need real work as my main income. |
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worle1bm
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March 12, 2018, 05:50:22 PM |
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Bitcoin is a currency. Bitcoin is a solution to many problems. Bitcoin is bringing questions and new problems to this world.
Some people find this as a ride to boost your income, not specifically Bitcoin but also the whole crypto market.
I think it's a great thing! But what are you actually looking for? Bitcoin itself (the currency) might not be your solution.
If you want to "conquer" the world, you can't do it with Bitcoin. Like you can't conquer the world with the dollar itself.
You need to focus the technology. The blockchain along with it, bringing a new economy generation with freedom and decentralization.
It's something that should be written a new bible about in my opinion. Before you learn Bitcoin, learn economy. Once you master this skill, own Bitcoin as one of your cards.
I would like to hear some of your opinions and hear some smart words because I believe people think investing Bitcoin will make their life done financially but I honestly think it's not true.
I on the personel ground does not consider bitcoin as my main source of income as it's too risky and not stable. You can only get profits in the boom period and lose on recession. If you are taking it to finance your daily needs then your are prone to very risk as it could be dangerous for you. Find some other ways to earn and keep btc as side option and hodl for long period and enjoy the profits afterwards.But if you are unemployed then its the best choice to help you live a good life but still it's too risky. So prefer stable jobs. |
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jsarce
Newbie
Offline
Activity: 79
Merit: 0
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March 12, 2018, 06:15:09 PM |
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Bitcoin is a currency. Bitcoin is a solution to many problems. Bitcoin is bringing questions and new problems to this world.
Some people find this as a ride to boost your income, not specifically Bitcoin but also the whole crypto market.
I think it's a great thing! But what are you actually looking for? Bitcoin itself (the currency) might not be your solution.
If you want to "conquer" the world, you can't do it with Bitcoin. Like you can't conquer the world with the dollar itself.
You need to focus the technology. The blockchain along with it, bringing a new economy generation with freedom and decentralization.
It's something that should be written a new bible about in my opinion. Before you learn Bitcoin, learn economy. Once you master this skill, own Bitcoin as one of your cards.
I would like to hear some of your opinions and hear some smart words because I believe people think investing Bitcoin will make their life done financially but I honestly think it's not true.
Bitcoin is profitable nowadays because of it's volatility. But what if the time comes that Bitcoin's value will become stable and will really become a currency, just like how it was invented? My take on this is grab today's opportunities while cryptos are still profitable. |
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btccrusher
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March 12, 2018, 06:18:41 PM |
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Bitcoin or any other cryptocurrency cannot be the main income, but it can support you. As long as it has values it will support your wallet to make it heavier. I know some people are making huge money with bitcoin trading but not sure if this is their primary income source.
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LodisMcguire
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March 12, 2018, 06:22:03 PM |
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Of course,bitcoin is treated as an investment,so it can't be made to your main income.With the price being volatile,you can lose your money when the price crash,while your income from a job will not decrease.But if you don't have a job,it's better to trade crypto rather than doing nothing at all.
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dayem708
Jr. Member
Offline
Activity: 123
Merit: 2
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March 12, 2018, 06:31:28 PM |
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Bitcoin is a currency. Bitcoin is a solution to many problems. Bitcoin is bringing questions and new problems to this world.
Some people find this as a ride to boost your income, not specifically Bitcoin but also the whole crypto market.
I think it's a great thing! But what are you actually looking for? Bitcoin itself (the currency) might not be your solution.
If you want to "conquer" the world, you can't do it with Bitcoin. Like you can't conquer the world with the dollar itself.
You need to focus the technology. The blockchain along with it, bringing a new economy generation with freedom and decentralization.
It's something that should be written a new bible about in my opinion. Before you learn Bitcoin, learn economy. Once you master this skill, own Bitcoin as one of your cards.
I would like to hear some of your opinions and hear some smart words because I believe people think investing Bitcoin will make their life done financially but I honestly think it's not true.
I don't think so that bitcoin as main income. bitcoin is just digital cryptocurrency which used to making transaction. but you may get profit using bitcoin just because bitcoin price varies. it may increase any time. |
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dzhan
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March 12, 2018, 06:42:22 PM |
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Bitcoin , and crypto currencies in general, have very volatile prices, and if you need to make them your main income you need a large experience and investing high amount firstly. For me working with digital currencies (including Bitcoin) give me an additional income online, and it is helping me financially.
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maimainguyen05
Full Member
Offline
Activity: 252
Merit: 105
Stake & Vote or Become a IoTeX Delegate!
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March 12, 2018, 06:58:52 PM |
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Current trends investment and make income from cryptocurrencies are very prevalent in some countries. They earn extra income from trading cryptos, participating in signature campaigns, bounty campaigns, social campaigns, etc. The income from cryptocurrencies is much higher than the job you have, but the stability of it is not there. , because the exchange rate fluctuates and changes every hour.
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St4yInTh3D4rk
Sr. Member
Offline
Activity: 686
Merit: 264
"STAY IN THE DARK"
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March 12, 2018, 07:02:12 PM |
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No,I don't consider bitcoin earning as my primary income because it is not stable income so I can't rely in that for my primary needs,I keep bitcoin earning as my future savings.I will suggest everyone keep your bitcoin earning as part time job never consider it is a primary job then you are in danger.
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btcminer6212
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March 12, 2018, 07:03:32 PM |
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Bitcoin is a currency. Bitcoin is a solution to many problems. Bitcoin is bringing questions and new problems to this world.
Some people find this as a ride to boost your income, not specifically Bitcoin but also the whole crypto market.
I think it's a great thing! But what are you actually looking for? Bitcoin itself (the currency) might not be your solution.
If you want to "conquer" the world, you can't do it with Bitcoin. Like you can't conquer the world with the dollar itself.
You need to focus the technology. The blockchain along with it, bringing a new economy generation with freedom and decentralization.
It's something that should be written a new bible about in my opinion. Before you learn Bitcoin, learn economy. Once you master this skill, own Bitcoin as one of your cards.
I would like to hear some of your opinions and hear some smart words because I believe people think investing Bitcoin will make their life done financially but I honestly think it's not true.
Bitcoin cannot be considered as main income for those people who are salary dependent and also for those who are not well trained in trading and not with knowledge in cryptoworld. Bitcoin can be considered as one of the income its not like its the only main income. Bitcoins are highly volatile and its profits are unpredictable and un guaranteed. So we cant always depend only on the bitcoins. I think bitcoin can not be used as the main income because the value is always fluctuate and also bitcoin is only digital currency at any time if we lose the internet network then we also can not access our bitcoin.If we want to make bitcoin as the main income then we must join bitcoin trading, understand the state of the market and know the right time to buy and sell it. |
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JC btc
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March 12, 2018, 07:04:15 PM |
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Bitcoin , and crypto currencies in general, have very volatile prices, and if you need to make them your main income you need a large experience and investing high amount firstly. For me working with digital currencies (including Bitcoin) give me an additional income online, and it is helping me financially.
It depends, it will take you so much risk if you did this as your main income, first you should have the skills other than posting such as making trading, investing and doing short term investment, you should also have another service that can offer such as signature designs, making codes, and other things. |
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jhongzjhong
Full Member
Offline
Activity: 798
Merit: 109
https://bmy.guide
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March 12, 2018, 07:21:55 PM |
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Bitcoin , and crypto currencies in general, have very volatile prices, and if you need to make them your main income you need a large experience and investing high amount firstly. For me working with digital currencies (including Bitcoin) give me an additional income online, and it is helping me financially.
It depends, it will take you so much risk if you did this as your main income, first you should have the skills other than posting such as making trading, investing and doing short term investment, you should also have another service that can offer such as signature designs, making codes, and other things. Bitcoin as a source of income is not impossible but you are not assured that you earning will continuously here or maybe you have lost in trading and investment, I just prefer that it fulfills your daily needs just like paying a bill or other expenses. It really helps us especially when your salary in the real job was delayed a little then have still opted to have a money that is enough for me. |
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