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Author Topic: Bitcoin as your main income?  (Read 4409 times)
Renal
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March 12, 2018, 06:29:19 AM
 #61

yes true bitcoin is where my income by joining in bitcoin I can say already have income from bitcoin so that anything can be reached by bitcoin.

orions.belt19
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March 12, 2018, 06:36:42 AM
 #62

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.

That's true. Some people even consider of giving up their regular jobs just so that they could focus fully on bitcoin but in reality, they are relying on something which is inconsistent. It may be true that one would be able to profit handsomely through crypto or Bitcoin however you cannot depend on these gains for your daily expenses. There will be days when you will profit, and there will be days when you will not - especially for the traders. It would depend on the behaviour of bitcoin's price. If you were to treat this as your main income, then it would be possible that there are days when you can eat and there will be days when you cannot. Tongue
SportsbookBettor
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March 12, 2018, 06:56:53 AM
 #63

It's hard to make bitcoin as your regular income as earning here is not assured unless you are working in a crypto company and you will get a steady bitcoin salary. If you only working here in bounty campaigns, trading and other stuff that related to bitcoin then it's hard to make it your main income. I think if i reach my goals per month on how much many i need to target then i always reach that in the last 6 months. That's the only time i could say or make bitcoin as my main income.

aaaamm
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March 12, 2018, 07:13:49 AM
 #64

Bitcoin can be a main source of income if you are an active traders or a day traders and you will spend a lot of time in it. But for having a day job like me, bitcoin can be some sort of extra income where we rely more on profit for a short term trading and long term investments
Income can be passive or active, and both can be very be beneficial and provide earnings, however it needs a large amount of time. Bitcoin can be the main source of income if you have enough to trade and invest, and if profit is high enough.
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March 12, 2018, 07:19:06 AM
 #65

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.

Crypto can be handy as a side job or some sort of pocket money. Those guys who believe they will get rich are silly. Large funds can really be earned through coins if you have lot funds to invest but in most cases it is different. small number of people earned decent $, but they invested 2009 maybe even earlier.
BulbaLord
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March 12, 2018, 07:29:26 AM
 #66

I think not at all of people in bitcoin are getting main income  here.  For me i need a stable job because we dont know what  happen next in bitcoin.  Or how long is this. Can i call this my Partime job or my side job. Because this id not stable.
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March 12, 2018, 07:35:07 AM
 #67

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.

kodtycoon
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March 12, 2018, 07:46:26 AM
 #68

Of course with bitcoin I can more easily trade in my country people who use it so much that I can always interact and establish business relationships, my trading development is also increasing and not only that I can utilize this system for more income in terms of financial I do not troubled with this blockchain system.

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kissme09
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March 12, 2018, 07:48:33 AM
 #69

Bitcoin is my primary source of income, and I choose it as my primary job. I spend a lot of time every day for it, I often learn about ICO projects and invest in them. I choose to invest instead of trading because I think this will be a better choice.

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March 12, 2018, 07:51:18 AM
 #70

If it is long in this then it could be their main job becomes bitcoin because it is very promising, but when you're a pioneer I think still think bitcoin as a sideline job alone.
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March 12, 2018, 08:16:57 AM
 #71

For now I have not been able to assess bitcoin as my main income, and for now bitcoin can only be an extra income that promises to me because I have a steady job or a steady income. I am very grateful for the presence of bitcoin because it makes me better and manifests what I want, bitcoin is a gift from god to help his people in trouble or need help.  Wink

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March 12, 2018, 08:38:10 AM
 #72

Bitcoin is my primary source of income, and I choose it as my primary job. I spend a lot of time every day for it, I often learn about ICO projects and invest in them. I choose to invest instead of trading because I think this will be a better choice.
Yes it can be, but for me i will always consider my current job in a permanent company as my primary source of income and even though my salary is limited and small earning compared of that i earned from crypto but i am still continue working in a company because i always after come the government benefits that i have take out from it. Doing both crypto job and to my permanent work is not hard to do and what i need is only time management and dedication so that i can fulfill both jobs with stress free and profitable.

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March 12, 2018, 08:56:31 AM
 #73

I don't really think living in Bitcoin would be a sustainable or stable job as we never know what would be the next trend in cryto would be and especially for just those new bitcoin hopefulls it is a bit hard to earn a large sum of money if you're just starting now as the golden or Goldilocks investment era of Bitcoin had already passed a few years ago. But maybe I am not at all correct as if you do something with dedication and if you persevere, you might just get lucky and be that much drooled title - Bitcoin millionaire.

You have tried to put forth the theory neatly here. I believe that bitcoin might be unstable for now but it has far greater potential than what we think. Bitcoin making the progress but it is far too slow and that why we don't recognise it. However bitcoin is worth investing into and we can get monthly passive income from it but it may not be fixed one. However there could be scenario that we may earn more at one month and may not earn much on the following month. However it will keep us averaged if we earn high low each time. So it is worth thinking of investing into it or finding few ways of earning money from it.
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March 12, 2018, 09:08:53 AM
 #74

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.

You have to be an expirienced trader to create a reliable source of income with Bitcoin. This will require much time and effort, you need to prepare for maximum.
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March 12, 2018, 09:16:47 AM
 #75

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.
Every people focus in bitcoin because they know they can earn a lot of money from it. So let share our knowledge to everyone so that everybody can earn also and poverty will stop because of bitcoin. Because bitcoin is our main source of income.

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March 12, 2018, 09:36:27 AM
 #76

As of now it is not my main income yet because I have my my regular job butbim planning to resign and put my focus in bitcoin and at the same time I am planning to go back to school. I also have to make more time for my children and her in bitcoin you can work at home while looking at my children. So after my resignation bitcoin will be my main income.
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March 12, 2018, 09:38:49 AM
 #77

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.

it is possible but don't rely on that. Focus on bitcoin if you want to but like with everything in life, you need to be ready to accept also if the things don't go as planned.
nl247
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March 12, 2018, 09:59:10 AM
 #78

yes true bitcoin is where my income by joining in bitcoin I can say already have income from bitcoin so that anything can be reached by bitcoin.



Sometimes, when I see posts like this, I tend to laugh my butts off. You are doing bounty campaigns, signature campaign and any other campaign you can imagine, as well as freelancing which you get paid for it in bitcoin and apparently the only thing you do, is when you can say you are receiving bitcoin as an income, but bitcoin itself is the tool, not the job. You do not join bitcoin, you join all of those things to earn bitcoin and if you decide to hold, then that is where investment comes in.
Freddie Aguiluz
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March 12, 2018, 10:07:23 AM
 #79

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.

Yes, I don't see bitcoin as a main income, maybe an extra income but not the main, we can't tell if your investment on bitcoin will grow according to your plans, unlike income from work, it is stable even if small or big salary it is still stable. Bitcoin is not stable, so we can't expect it to give us money monthly or yearly.
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March 12, 2018, 10:13:04 AM
 #80

Yes it can be, but it depend on situation. If you can't find job yet it can be possible that bitcoin is your main source of income. But on the other hand, you can have both. Because if you have work you still practice your skills by doing your job that makes you satisfied and it will help you to be better person and still excel on their profession.
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