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Author Topic: Bitcoin as your main income?  (Read 4488 times)
Ranly123
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March 13, 2018, 07:52:42 AM
 #201

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.

Bitcoin is definitely not a consistent means of income whrn it comes to earnings but it could give a bigger gains that any other traditional investments. Though it is not guaranteed that you can gain the same profit fron your investment everytime you buy, but atleast you know that it should not be your main source of earnings.

Ismat Morshed
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March 13, 2018, 07:59:24 AM
 #202

Bitcoin is a currency.It is a solution to many problems.I believe people think investing Bitcoin will make their life done financially.Bitcoin gettjng a lot of coins and moneys but its not the main income.My income from bitcoin is enough  to online job. I am very grateful to be other earning from bitcoin.
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March 13, 2018, 08:22:28 AM
 #203

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.
I absolutely agree with you. Bitcoin can make you gain profts but not income. Just like your holding your bitcoin. If you are patience enough to wait for the right time to sell it at it's high value, then probably you can gain much profits from it.
Hendrahendri
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March 13, 2018, 08:23:24 AM
 #204

I think yes, why I say that? for bitcoin where I was looking for a living, because I was just a unemployment has not been able to work obviously, I usually seek advantage through the bounty media social and signcampn, I am very grateful can berpatisipasi in bitcoin and to find the advantage over.
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March 13, 2018, 08:23:37 AM
 #205

Not yet, but as the time goes on, I will hold more coins as I use 30% if my monthly income for investments.
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March 13, 2018, 08:52:35 AM
 #206

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.

Honestly, Bitcoin and Altcoin are still my side job. I still stuck with my main job at the office. But I believe someday I will get my financial freedom from Cryptocurrency.

icopir
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March 13, 2018, 09:26:32 AM
 #207

no bitcoin for me is not the main source of income for this I have a job and btc performs in this plan a secondary role
Edsemen
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March 13, 2018, 09:35:22 AM
 #208

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.
Right suggestion. For me if you go for main income you can make it through bitcoin, just make it fulltime so that in time to time you can have profit as we know bitcoin is unpredicted. And if your aiming for a bigger profit you can have to invest bigger just take some risk and be positive that it will gives you more satisfaction at the end. But surely to read first so that you where and when to make an investment.

DPrillio
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March 13, 2018, 09:38:41 AM
 #209

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.

Bitcoin is definitely not a consistent means of income whrn it comes to earnings but it could give a bigger gains that any other traditional investments. Though it is not guaranteed that you can gain the same profit fron your investment everytime you buy, but atleast you know that it should not be your main source of earnings.
Yes, the stability of making it as a primary source of income is not suitable for supporting daily needs of the family because we know the fact that volatility of bitcoin makes the instability of making as main income but also in volatility we can earn profit as a day trader. As for me the best thing to do is to secure a sure income even not so profitable and make bitcoin as a sideline, a side line that can make you reach in the future.

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March 13, 2018, 09:49:21 AM
 #210

Other people earn money and for sure this is main income for them.  Before I don't have  job so I do bitcoin and this my main income but after that I have now have job.

Trusting bitcoin income is not work in all time because it changes every day so you also need another earning to make and live a good life but many of us live with bitcoin income but it is not stable at all time .

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xandra
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March 13, 2018, 09:52:37 AM
 #211

No,i don't make bitcoin as my main income it's hard to rely all the daily expenses in bitcoin and you cannot earn everyday in bitcoin especially your source to get profit is bounty or signature campaign.
I make bitcoin as my source of savings so that I can reach my goal to build a great business.

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Breackup
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March 13, 2018, 09:55:34 AM
 #212

I agree with the basic human economic idea and the basic human needs of eating, drinking, clothing, and compulsory dwelling needs and we are working with competing to find other riches quickly and deliciously so that human principles like nah are coming. Bitcoin in this era is needed by modern people because of its easy and fast flexibility to make a lot of money. work does not need physical and intellectual tests. This is the democracy of life

Bitcoin is a currency Which is not stable. Bitcoin's value  increases or decreases again. This is his religion. Though Bitcoin's value is unstable, so it is risky. And the risky work should not be taken into consideration. Actually the jobs are paid after a certain time, but it is difficult to specify when you will get a profit on Bitcoin. Now many people are associated with Bitcoin and many more are involved.But nobody uses Bitcoin as a main task but rather use  as a source of alternative work.  Someone might spend more time in it and someone might be less. Bitcoin is an extra income. By which poverty is reducing and economic progress is achieved. But I acknowledge that Bitcoin is a big source of income for all work options.

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pragna
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March 13, 2018, 09:57:00 AM
 #213

NO, Why it will be my main income. It's my second option of income. I was seeking a partime job for many days that i can maintain my family well. At that time BTC came to me like GOD hand. I think nobody should invest most of his wealth in BTC because alternative option may come anyday in modern world. So i think everybody shoul take it link second option of income.
Carlsen
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March 13, 2018, 09:57:53 AM
 #214

There are many ways bitcoin can bring you income, not only by holding or trading.
Bitcoin offers a whole new area of economy.
All those things you can do with a dollar, that can be done with bitcoin as well. But first it takes somebody who makes that possible.
That is why I think setting up a business that deals with bitcoin in some way is easier than setting up a business anywhere else.

  It's me!!!
Hordyyy
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March 13, 2018, 10:32:20 AM
 #215

I think it's not possible to create a stable way of generating income with Bitcoin. Alts are more suitable for this idea.
Altero
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March 13, 2018, 10:35:25 AM
 #216

A lot of people getting wild knowing how much bitcoin can do for us. Even though we gonna say,  bitcoin is a high gaining profit but isn't enough to depend on because we don't know what will happen along the way.  It is a good idea also having a real stock investment while having crypto at the time.
Golftech
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March 13, 2018, 10:48:46 AM
 #217

I think plenty of people are already making bitcoins as their main income. Bitcoins are very popular
among people. especially to those who have no regular jobs and are currently relying with crypto
to earn and pay bills. It's quite acceptable even though others would prefer bitcoins as a part
time set-up because of it's unpredictability and volatile capacity. But bitcoin can also bring in
big profits if it increases it's price in the market.
Those who invest as early as last year are already a gainers and can live now with their bitcoin investment, for sure they already achieved some financial
freedom after the market really rise high, not only bitcoin but the entire crypto industry are very likable to invest your money, just needed to have some extra effort to assure yourself to have better knowledge and understanding about the market that you are going to invest your money, it's already been done and already been enjoyed by several people who are very keen to succeed.
trinhdinhthang20007
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March 13, 2018, 10:52:44 AM
 #218

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.

Not everything is easy, not everyone has the opportunity to learn to grow normally and become rich, every event has its own reason. Many people simply own a amount of BTC when it's worth just over $ 500, I am also and have been on this path but BTC is still not able to become his main income. I'm still learning more.
ashahin7799
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March 13, 2018, 10:58:37 AM
 #219

Yes, I chose Bitcoin as the main source of my income.Because, it gives me more profits than permanent jobs.Besides, it does not have to work harder.Even, time can choose itself.It easily makes a lot of money with which I can manage my life nicely.So, I took it as the main source of income in my life.
plr
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March 13, 2018, 11:26:33 AM
 #220

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.

I agree with your opinion unless you are a big investor or trader, you can hardly make an income here continuously, you are bound to make losses and with the price going up and down it's hard to make a quick profit here so don't leave your offline job yet.
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