Bitcoin as your main income?

[cheefbuza]

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.

[Fire316]

    Bitcoin could not be a main income because it is not stable. It is just another source of income when you invest or join a bounty that pay bitcoin or you are working online which is the payment is bitcoin. You can earn from these and that will give you a chance yo earn extra income. Mostly if you are lucky, bitcoin is more profitable rather than your permanent job.

[MyIota]

I don't think it can be a source of main income unless you're trained in daytrading and TA. And with that, even TA experts say that crypto doesn't follow TA.

That said, I think daytrading crypto is gambling.

Bitcoin can't be a main source of income, because you're either hodling or selling for profit that one time. It's more like an investment that realizes.

I would not be a good financial advisor if I told people to make bitcoin their main income. They need a steady stream of income daily to make ends meet -- and you can't force the crypto market to give you that. On some days you're forced to hodl, and on other days you're forced to sell (if you know without a doubt that things will go down).

[nlcars]

Bitcoin is the Godfather of all the other coins and of the blockchain revolution

[richminded]

Its risky to consider bitcoin as your main income simply because its highly volatile and your profit is not guaranteed. Better to just make this thing as another source of profit, its good to have a lot of money resources. If you are just minimum wage earner like me, better not to depend on this.

[Nhebu]

Bitcoin does not provide income. You may profit from your speculation, but it is not income.

Furthermore, gains are not guaranteed or even consistent. For example, people that bought in December at $19k are going to have to wait a long time just to break even.

But still it is an income.
When we talked about income, it is on how an individual received or gain a specific value in a timeframe. Maybe, you are talking about the salary and bitcoin cannot be our monthly salary. Yes, we can make an income generation in bitcoin but we cannot guarantee that bitcoin can supply our daily expenses.
Bitcoin is not stable. Sometimes it has a greater value but there are times that its value crashes. We cannot assure our future because anytime, bitcoin may gone!

[noloco]

In the end you will need to use bitcoin for something, even holders need at some point to convert btc to other asset with value and real world utility.

[minatour]

for bounty hunters crypto indeed provide income for them, but actually bitcoin is a place of digital investment, such as stocks that go down and up so bitcoin too, the investors get the profit from what they invest not get income

[khaled0111]

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 can't be the solution for all your problems.
It's just a digital currency, you can make profit from it, and you can earn you leaving from trading and gaining Bitcoin, but Bitcoin is just a digital curency, you should keep that in your mind, you can loose every thing in a fraction of a second.
Try to earn as much as you can, the blockchain technology is not Bitcoin :p

[kimdomingo]

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.

[Slark]

If you think you can earn your 'standard wage' just by being a bitcoin user you either:

a) are very optimistic about your ability to predict the market movements and take advantage of it via trading
b) you are already rich because you bought BTC way back when it was dirt cheap
c) you can work for BTC by offering some of your skills - so it is no different than normal daily job

[binting]

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.

Actually its not necessary because bitcoin gettjng a lot of coins and moneys but its not the main income because if you know how to manage your money you habe income from your job and this oppurtunity but bitcoin is getting of income when you earning coins and investing

[Duzter]

When one is with plans of making bitcoin earning his main income, the only way to this is the trading. The user needs to be a expertise person to predict the market in a precise manner, because he needs to make use of even the small growth happening with time. We cannot expect the market to move forward all the time, in between downtrend too happens.

[Finestream]

When one is with plans of making bitcoin earning his main income, the only way to this is the trading. The user needs to be a expertise person to predict the market in a precise manner, because he needs to make use of even the small growth happening with time. We cannot expect the market to move forward all the time, in between downtrend too happens.

Yes trading can give you a huge profit if you know what you're doing.Of course you won't just go into trading without much preparation and even expertise for it.You can also join bounty campaigns for another source of income.You can earn decent income here as long as it's not a scam that you have joined.I honestly give my full trust to bitcoin and i've no regrets for it.I leave my job just for bitcoin and yes i'm earning so well with all my hardworks and perseverance in bitcoin.

[coinic]

In the end you will need to use bitcoin for something, even holders need at some point to convert btc to other asset with value and real world utility.

Absolutely true,  i can get some money to sustain my need in some sort of situation. But btc as income probably i can sort of. Like past year i withdraw btc that can help for 6months. I have nothing to do that time but to travel. So i guess btc can be use as ur income.  

[Bellator]

for bounty hunters crypto indeed provide income for them, but actually bitcoin is a place of digital investment, such as stocks that go down and up so bitcoin too, the investors get the profit from what they invest not get income

Right for unemployed bounty hunters or even people who has permanent job can make bitcoin  as their source of income,this depends on how a person strive hard to earn for it.Many jobs offered in bitcointalk thats a great way to earn money.I have known a person who made bitcoin a full time job,now he has earn too much and build his own house at an early age.He able to sustain his life entrusted with bitcoin opportunities.We are here by chance and lets make it worth it.Bitcoin has lift up his way of living,then i could say this really depends on how resourceful a person is inorder to reach his goals in life.

[Nylelyn]

Bitcoin is the latest innovation of a currency and an investment avenue as well. It is fascinating as it has brought new changes from a traditional way of life such as banking and payment procedures and most of all, it has given many investors a good amount of profit thru investments, bounty hunters or trading provided that you have enough knowledge and skills to gain from it successfully.. However, Bitcoin cannot be considered as our main and only source of income because mainly this is not a constant thing plus the fact that it is not regulated means anything can happen. It is always better to be employed from a stable company or have an established business.

[Merjay18]

Bitcoin is the Godfather of all the other coins and of the blockchain revolution

I cant consider as of now bitcoin as my main income.Because I dont earn that much in btcoin.and we cant predict the stabilty of bitcoin.Ofcourse we still need a permanent job for our  permanent income and lets consider bitcoin as extra income.

[Granxis]

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.

Yes, there was a lot of controversy in the past, and I communicated my ideas to every matter related to making a choice between work and Bitcoin as a there must always be a fixed income.

[surfinonmyownwavebaby]

Focusing on the technology in my view is paramount, and that is because it makes holding on much easier. Don't know why anybody would get involved if they didn't believe, but that is how I have and always will view the market. Getting involved for a quick buck is always going to have a bad ending, no matter where your attempting that strategy.