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Author Topic: Bitcoin as your main income?  (Read 4409 times)
pixie85
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March 17, 2018, 09:13:58 PM
 #501

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.
Earning bitcoin as your main income is a pretty bad idea as the income in bitcoins is pretty unstable and for running a house you must have to get a constant salary.

Of course it's unstable but it goes up and down in value, like a sinusoide. This means that if you always sell at the top you will earn much more than you would by selling on a regular basis, without checking the price. You just have to wait for the pump. It may take a month or a year but such pump will come and you will make enough money to sustain yourself for another year or 2 of a bear market.
nicpaig
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March 17, 2018, 09:31:18 PM
 #502

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 this is not my main income right now because I have a job that basically a stable in terms of an income.We all know that bitcoins price is not stable but the positive reaction of this was we can gained a one hit huge income that no other cryptocurrency can do it.
Chachacoin17
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March 17, 2018, 09:34:17 PM
 #503

For me, I don't think Bitcoin is a major source of income. The reason is simple, that is the instability and many of its risks. No one can say for sure that Bitcoin will generate steady returns over time, and I think that does not happen because Bitcoin as well as the crypto market is very unpredictable, it is always fluctuations and the value is not fixed. You should only consider it as a secondary source of income, I think so
It is not ask if it is the major source, it is ask if it is the main source. So you must read first before posting anything. But for me, yes it is the main source, as a student it is really hard to have studies and to have a job. So it is my main source of income for me to not hesitate my parents to give me money. I dont want to rely with then forever, I want to be more independent about many things. It is my main source of income, but for other people its not because they have a permanent job that can also help them for their financials.
Bitcoinjheta
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March 17, 2018, 10:06:43 PM
 #504

For me, I don't think Bitcoin is a major source of income. The reason is simple, that is the instability and many of its risks. No one can say for sure that Bitcoin will generate steady returns over time, and I think that does not happen because Bitcoin as well as the crypto market is very unpredictable, it is always fluctuations and the value is not fixed. You should only consider it as a secondary source of income, I think so
It is not ask if it is the major source, it is ask if it is the main source. So you must read first before posting anything. But for me, yes it is the main source, as a student it is really hard to have studies and to have a job. So it is my main source of income for me to not hesitate my parents to give me money. I dont want to rely with then forever, I want to be more independent about many things. It is my main source of income, but for other people its not because they have a permanent job that can also help them for their financials.



Yeah absolutely, in this life we need to be more jobs to be working on as way of helping our parents financial needs, having an extra income in bounty campaign is big help. For me also i can not say that bitcoin is my main source because i am purely pre-earner in bounty campaign once in a while because i have a permanent job which is support my income financially. Having joining bounty is an extra income once in a while.
Dark Sky
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March 17, 2018, 10:26:47 PM
 #505

For me, I don't think Bitcoin is a major source of income. The reason is simple, that is the instability and many of its risks. No one can say for sure that Bitcoin will generate steady returns over time, and I think that does not happen because Bitcoin as well as the crypto market is very unpredictable, it is always fluctuations and the value is not fixed. You should only consider it as a secondary source of income, I think so
It is not ask if it is the major source, it is ask if it is the main source. So you must read first before posting anything. But for me, yes it is the main source, as a student it is really hard to have studies and to have a job. So it is my main source of income for me to not hesitate my parents to give me money. I dont want to rely with then forever, I want to be more independent about many things. It is my main source of income, but for other people its not because they have a permanent job that can also help them for their financials.



Yeah absolutely, in this life we need to be more jobs to be working on as way of helping our parents financial needs, having an extra income in bounty campaign is big help. For also i can not say that bitcoin is my main source because i am purely pre-earner in bounty campaign once in a while because i have a permanent job which is support my income financially. Having joining bounty is an extra income once in a while.

Bitcoin is very helpful way, it can help for future if you invest your bitcoin and hold it for long time so it will very beneficial for you and it will get you huge profit, so bitcoin is for me main income in this time because i have no job and want to earn more bitcoin.

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March 17, 2018, 11:02:55 PM
 #506

For everyone who have quit their job and moved to trading bitcoin as their main income, then its not looking good right now because the we are in the bearish trend for the last 2 months or so.

That's why I'm against bitcoin as your main source of income because of the instability of the market price. I'm sure that for those who chooses bitcoin over stable job, they are all in a panic as well because of the current situation.

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rockyboy
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March 17, 2018, 11:19:47 PM
 #507

Yes, Bitcoin is my main income source. Now I am a fully dependent on Bitcoin. Because I am Bitcoin and Altcoin trader. I love to trade with Bitcoin. I can't imagine a day without Bitcoin. One year ago I was a jobless guy. I don't have any income source. But now I am earning my livelihood from Bitcoin. Bitcoin made me successful. I don't depend on anybody. I love Bitcoin a lot.

Bitcoin is my source of income too.  I am still an student and not earning from other jobs because i am studying.  I love what i am doing,  studying and earning thru signature campaign and trading.

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Eijrafarm
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March 17, 2018, 11:39:16 PM
 #508

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.

Although bitcoin indeed give some income however the there are problems you need to consider if you are treating bitcoin as your main income. Always think that bitcoin price trend is not stable and you may find your self in trouble if your rely all to it.
droptableguy2
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March 17, 2018, 11:43:55 PM
 #509

I personally participate in the Crypto market to earn more, I do not see BTC as my main job, They are very risky I dare not give up the main job to pursue Bitcoin. I think that anyone who views BTC as a side job, BTC will lose at any time.

Jazvebtc18
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March 18, 2018, 12:53:17 AM
 #510

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 very profitable but for me it is not enough to be the main income. I think volatility of the cryptocurrency trading cannot sustain my daily needs with my family. We all know that bitcoin are growing fast  in our country but we don't  know if it last forever.
tannerchum
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March 18, 2018, 01:24:43 AM
 #511

As of today I have my job as well at the same time doing bitcoin. If I can earn in bitcoin through bounty campaign it will surely be my income because the earnings in bitcoin is higher than my salary. Bitcoin can raise an individual for many reason that base on the advantages but I assure anyone who joined bitcoin they will success because it brings pros for all and for the economy.

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slashz9
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March 18, 2018, 01:39:29 AM
 #512

bitcoin is not an income, I think your response is a bit wrong, it's like buying a company stock and waiting for the price to go up and then selling it and making a profit.
very different from monthly income, you have to wait maybe 1 year to get profit. Smiley
ucingucingan
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March 18, 2018, 01:47:22 AM
 #513

Yes bitcoin and crypto currency into my new income in addition to the salary that I get from my main job, and the amount is pretty good, enough for pocket kids everyday
The Sceptical Chymist
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March 18, 2018, 01:54:09 AM
 #514

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 this is a very bloated shitpost by someone who can write mediocre English at best, and is probably fishing for merit by starting a topic like this.  Sorry (not really) for the brutal honesty, but I see way too much of this to state anything otherwise.

Since I didn't comprehend much of what OP wrote, I'll address the title of the thread.  I'm of the belief that most people who get into bitcoin are gamblers or would-be day traders, and I think most of them eventually get slaughtered--just like all the 1990s day traders got slaughtered when the stock market crashed in 2000.  It's very easy to make a killing in a raging bull market, but what happens when bitcoin crashes back down to $400?  Do these people have the skills to make money in excruciatingly-painful bear markets?  I don't think so.  Nor do I think the average Indonesian or [insert poor 3rd world countrian here] has the startup capital to make day trading worthwhile.  Just doing signature campaigns is enough for most of them to live comfortably, and I'm pretty envious of that.

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March 18, 2018, 02:02:40 AM
 #515

Not really. All i want is to have an extra income. I dont want it to be my main source of income because its not stable at all. I have my job now and i am not planning to resign from although i earn more in bitcoin than my regular job. If people can do both (regular jobs and bitcoin) why not do it? Nowadays we hqve to find ways to earn more due to price inflation and the goods price are really growing (almost 30% increase i guess). I am so thankful to God that h3 introduces me to Bitcoin and it really helps me a lot. Now i have my regular job and bitcoin that goes hand and hand to have my family a better future.
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March 18, 2018, 02:11:39 AM
 #516

Not really. All i want is to have an extra income. I dont want it to be my main source of income because its not stable at all. I have my job now and i am not planning to resign from although i earn more in bitcoin than my regular job. If people can do both (regular jobs and bitcoin) why not do it? Nowadays we hqve to find ways to earn more due to price inflation and the goods price are really growing (almost 30% increase i guess). I am so thankful to God that h3 introduces me to Bitcoin and it really helps me a lot. Now i have my regular job and bitcoin that goes hand and hand to have my family a better future.


I consider Bitcoin my main income because I don't rely on my salary. Actually my salary is not enough to provide my daily needs. I need an extra income in order to attain my goals. And I don't expect that in btc I can have greater salary. I join signature campaign to have extra income. And if time comes that I can attain financial freedom I will quit in my job and focus in btc.
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March 18, 2018, 06:42:33 AM
 #517

Profiting on bitcoin is like seasonal. You would know that it's the season for profiting and you know when it's not. So that conclude that you can't make it an income. It needs time and there's also probability of losing more.
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March 18, 2018, 08:51:44 AM
 #518

bitcoin is not my main income, there may be different with certain people who make bitcoin main income, why? because for me the value of the bitcoin is always changing and I have to wait for the right moment to buy or sell, while my main income is doing the job according to my profession, which each period is definitely got it
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March 18, 2018, 09:15:58 AM
 #519

Bitcoin as a main income depends on a person's ability to make money out of it.  If he or she was capable of that then that person must possess an unbelievably skills, knowledge and experience. But for me, I think I would rather find a proper job and will make it as a main source of income because I do not possess such skills nor will to make myself depend on bitcoin like that.

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March 18, 2018, 09:29:51 AM
 #520

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 this is a very bloated shitpost by someone who can write mediocre English at best, and is probably fishing for merit by starting a topic like this.  Sorry (not really) for the brutal honesty, but I see way too much of this to state anything otherwise.

Since I didn't comprehend much of what OP wrote, I'll address the title of the thread.  I'm of the belief that most people who get into bitcoin are gamblers or would-be day traders, and I think most of them eventually get slaughtered--just like all the 1990s day traders got slaughtered when the stock market crashed in 2000.  It's very easy to make a killing in a raging bull market, but what happens when bitcoin crashes back down to $400?  Do these people have the skills to make money in excruciatingly-painful bear markets?  I don't think so.  Nor do I think the average Indonesian or [insert poor 3rd world countrian here] has the startup capital to make day trading worthwhile.  Just doing signature campaigns is enough for most of them to live comfortably, and I'm pretty envious of that.
Bitcoin is not my source of income for now, it is an extra income for me. Considering that it's volatile, economy is young, unstable, and still developing and experimental. On the other hand, I'm grateful because it's very life-changing, it gives so much benefits and profit. We can't tell, who would know it can be my source of income in the future, but I'm very thankful of its existence.
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