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Author Topic: Bitcoin as your main income?  (Read 4413 times)
Smack 1
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March 18, 2018, 06:56:43 PM
 #541

bitcoin is not my main income because the unstable price if I just rely on this bitcoin will be very risky for my finances. I use bitcoin as an additional source of income, because it requires capital to make investments and earn profits, although sometimes the benefits you get are greater than the results of your work.

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GamingBro
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March 18, 2018, 07:31:46 PM
 #542

I can't understand how people making good money from bitcoin without  big investments. Nowadays i stick with altcoins because it's not that risky.

ikipiye
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March 18, 2018, 07:40:32 PM
 #543

    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.
I agree with your opinion, I already have a job in a factory, for me bitcoin is as my extra income, and many ways in this matter make money like joining in airdrop and bounty.
aardvark15
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March 18, 2018, 07:48:56 PM
 #544

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 have a main job that supports my modest standard of living and will provide some money for retirement. However, I’m hoping that my Bitcoin and altcoin investments will supplement my retirement enough to at least maintain my standard of living when I retire but my ultimate goal is to make a lot of money so I can travel and do all the things I want to do.
Harleybtc01
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March 18, 2018, 08:43:51 PM
 #545

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 have a main job that supports my modest standard of living and will provide some money for retirement. However, I’m hoping that my Bitcoin and altcoin investments will supplement my retirement enough to at least maintain my standard of living when I retire but my ultimate goal is to make a lot of money so I can travel and do all the things I want to do.
As of now, i can't consider bitcoin as may main income yet. I am still connected in a manufacturing company, which gave me a salary that is enough for my family's daily needs. I joined gaining bitcoin for me to have other income that would help me stable financially because its my goal to have money that is not just enough but rather more than enough of what the needs of my family. I am hoping that bitcoin can help me with this.
StarofBTC
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March 20, 2018, 11:11:12 AM
 #546

    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.
I agree, bitcoin is not fit to be your primary source of income because it is not that really stable. For me, make it as your extra income. Bitcoin can help you financially but not that making as the primary income. A stable job and bitcoin are good to mix.  Wink
Actually bitcoins aren’t stable and this only make them unset for a permanent source of income. What if you are needing some money for emergency but the whole month you are only holding as prices would be low? That is the point where it is quite better for you to select bitcoins work as part time. This will help you earn some extra money from daily earnings and have a healthy wealthy life.
dyablo
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March 20, 2018, 11:54:34 AM
Last edit: March 23, 2018, 02:15:41 PM by dyablo
 #547

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.

I consider bitcoin as my main income,because being a fulltime mother, I can't  go for a real job to have a stable salary. I need to care of my kids. My husband is the one who provides our daily/primary needs and it was not enough. I used bitcoin as my main source of income to help my husband  in our financial needs. It is so convenient because there is no need to leave our house just to earn.
goodvibes05
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March 20, 2018, 12:10:11 PM
 #548

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.
for me, bitcoin really helps me on my financial needs but I just want to engage in bitcoin as my part time job where I can get some of my profit. I still have a regular job, which I think is more important because I cannot say that I will do bitcoin for good. Having a regular job as a source of my main income is better because we cannot tell when bitcoin will last. It would be better for me to do bitcoin as a part of my income but not as a main source of income.

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plucking23
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March 20, 2018, 12:10:31 PM
 #549

Well it is good to have bitcoin as a source of income, but as the main source of earning money I think its a case to case basis. As for me, being a student, I depend solely on bitcoin so I can say that bitcoin is my main source of income. It is highly recommended to not leave a job for bitcoin and use as a sideline, which is true, but is hard to do. I understand why people keep on asking this.

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March 20, 2018, 12:19:19 PM
 #550

I get paid from the bounty and the drop!

This is the main way I earn my income in the digital cryptocurrency world!

I also invest in some digital cryptographic currency, but now I still lose money!
Bitcoinjheta
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March 20, 2018, 12:25:14 PM
 #551

Well it is good to have bitcoin as a source of income, but as the main source of earning money I think its a case to case basis. As for me, being a student, I depend solely on bitcoin so I can say that bitcoin is my main source of income. It is highly recommended to not leave a job for bitcoin and use as a sideline, which is true, but is hard to do. I understand why people keep on asking this.


Bitcoin is amazingly a good source of income yet I won't suggest it as the main source of income especially if you already have a family of your own. Due to its volatility, the profit is not stable so it's better to have a regular source of income that will sustain your family needs while you are holding your coin for a better profit.
bakkang
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March 20, 2018, 12:26:33 PM
 #552

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.

As a student I can call bitcoin as my main source of income or the provider of my financial needs. Since I entered the world of bitcoin it was a great experience it was really a life changer. So if I were you I will spread the news about bitcoin. Bitcoin that will give you financial freedom.
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March 20, 2018, 12:59:44 PM
 #553

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.

Oh okay!. thank you for that simple explanation, I am a little bit enlighten about it, for all I know bitcoin is also an income. Still learning here. thanks 😊

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March 20, 2018, 01:01:48 PM
 #554

I think if Bitcoin is your regular income it is not very helpful to you because you should look for a real job.
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March 20, 2018, 01:08:18 PM
 #555

Maybe to get rich, we must be observant to see the movement of bitcoin that tends to go down.
It could be so if we can not control the bitcoin.
As the main crypto currency, butcoin serves as another crypto guideline
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March 20, 2018, 01:08:42 PM
 #556

Bitcoin is my extra income i have small business that i get everyday income but if i compared my daily income to my business and to bitcoin there are big gap. My income to bitcoin are x20 it's really big than to my daily income to my business.
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March 20, 2018, 01:39:31 PM
 #557

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.


Bitcoin is the cryptocurreny with the deep structure and even migrant workers are participating in one the largest strangest.
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March 20, 2018, 01:45:19 PM
 #558

Bitcoin is my extra income i have small business that i get everyday income but if i compared my daily income to my business and to bitcoin there are big gap. My income to bitcoin are x20 it's really big than to my daily income to my business.
That is true. I also experiencing the same scenario like you that my earnings in bitcoin and other cryptocurrencies are bigger than my income from my business and other investment and that is why i am more focusing and putting more time and effort to the cryptocurrencies rather than paying more attention to my investment and businesses.
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March 20, 2018, 01:53:36 PM
 #559

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.

I consider bitcoin as my main income,because being a fulltime mother, I can't  go for a real job to have a stable salary. I need to care of my kids. My husband is the one who provides our daily/primary needs and it was not enough. I used bitcoin as my main source of income to help my husband  in our financial needs. It so convenient because there is no need to leave our house just to earn.

I think trusting or hoping only bitcoin is not fair at all time so we can make a secondary income for our regular uses like food and clothing if we only trust bitcoin income it will gives you losses at sometimes.

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March 20, 2018, 01:59:15 PM
 #560

Bitcoin is an asset and I don't think I can rely on it as my main source of income. I admit I earn profits from bitcoin as my sideline job but I would definitely have a regular job and keep it as my source of income. The price value of bitcoin is not stable so I cannot rely on it forever.

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