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Author Topic: Bitcoin as your main income?  (Read 4412 times)
YinShuiSiYuan
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March 28, 2018, 02:47:32 PM
 #821

Bitcoin is an alternative source of income for me. I treat bitcoin more as an investment in the future than the main source of income.

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changcloy
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March 28, 2018, 02:58:15 PM
Last edit: March 28, 2018, 03:10:52 PM by changcloy
 #822

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.
Precisely bitcoin may an additional to your income or profit but relying all the daily needs on it won't be enough especially when you have your own family. Bitcoin is not stable so when the price is in dip we need to hold it longer so we can be sure to have a larger profit and in that case if people depend on bitcoin the family will be very pitty .It is much better to have a stable job aside from being in crypto.Never think or treat bitcoin as the main source of income.
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March 28, 2018, 03:07:57 PM
 #823

I dont treat bitcoin as my main income, i treat it as a another alternative source of income.
All my earnings in bitcoin are serve as my savings, i will only get it if theres a emergency or anything that will encourage me to get it.
Bitcoin helps me a lot interms financial aspects. Thanks to bitcoin, i can now help my family and it gives me more knowledge.

devinks
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March 28, 2018, 03:22:53 PM
 #824

Bitcoin is an alternative source of income for me. I treat bitcoin more as an investment in the future than the main source of income.
indeed today many people who earn income from bitcoin. especially by following the bounty. the results are in getting relatively large also for alternative jobs
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March 28, 2018, 03:23:40 PM
 #825

Bitcoin I make my main income. Because now I again do not work everywhere and I work only in Bitcoin. I certainly only rely on Bitcoin alone. And I hope the results of Bitcoin can bring a better impact on my life.
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March 28, 2018, 03:36:38 PM
 #826

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.
Could be, but only if it stabilizes which has a very small to no chance. Bitcoin as an income is a crazy thought, incosistent value will scare people who makes it as a primary source of income. The due’s like rents,electricity,water would be like a timebomb ticking. Its a great though though. Cashless and increasing value of your income but its volatility is just terrifying.

Carreuh
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March 28, 2018, 03:55:50 PM
 #827

I also agree that many people who are successful in bitcoin and change their economy from the opinions below average but now have more income, and I personally also feel this in because of the bitcoin I can buy what I want and bitcoin is my main income.

mikhaila2304
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March 28, 2018, 04:15:43 PM
 #828

Bitcoin is not my main income ... Bitcoin I use to invest ... of course invest with risk .. I just hope bitcoin can make my income increase ...
Kadal Ijo
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March 28, 2018, 04:24:15 PM
 #829

For me still not, this is because what I get not like most members here, if calculated average then I only earning maximum $ 125 per month, but I am happy because with the additional income I can use to pay the motorcycle and house expenses.

intingko
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March 28, 2018, 04:30:29 PM
 #830

no,for me bitcoin is my extra income especially to enhance my knowledge.because this is my first time to join this kind of business so that i try in order to improve my personal also. and i hope bitcoin is my second option and bridge to become rich.
rimueng agam
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March 28, 2018, 04:33:15 PM
 #831

Yes, for me this bitcoin is my main income because I have not got a decent job for me and also I need enough money to finance my daily life which is now all the basic stuff is expensive and also I really need money for college I therefore make this bitcoin as my main income or income.
qwertyup23
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March 28, 2018, 05:16:46 PM
 #832

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.

Well investing into bitcoin MAY open new opportunities and boundaries for people who hopes to be rich someday. But for this to happen, they must be constantly updated to the news relevant to cryptocurrencies in order to reduce the risks and maximise their profits. They must be aware of their investments from time-to-time in order to know when they should be selling/acquiring more coins.
About the idea of making bitcoin as your main income would be relatively difficult, as you are letting your income be decided on something that is naturally risky. Though bitcoin has the potential of yielding large amounts of profits in a short-amount of time, you also need to consider the amount that you invest relative to it. That is why this type of method falls under the category of 'high-risk, high-reward' kind of system.
JC btc
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March 28, 2018, 06:22:39 PM
 #833

I also agree that many people who are successful in bitcoin and change their economy from the opinions below average but now have more income, and I personally also feel this in because of the bitcoin I can buy what I want and bitcoin is my main income.
Bitcoin is not the main source of income I do have, what I am doing is doing before I go to sleep making sure that I gain some information that I can use someday when I decided to quit my job and will just do  posting in a campaign, investing in ICO and trading some famous coins.
BroganBloodstone
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March 28, 2018, 07:22:43 PM
 #834

Bitcoin is an alternative source of income for me. I treat bitcoin more as an investment in the future than the main source of income.

This. We are still some time away from having Bitcoin or even another crypto as a main source of income. It is simply too volatile. Better to invest into crypto until it matures, then we can talk about taking it as a main income.
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March 28, 2018, 08:01:18 PM
 #835

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 does not guarantee providing income for us it depends on our strategy in managing bitcoin. if we only hold bitcoin without trading then the income that we can be a little can even lose if bitcoin prices continue to fall.
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March 28, 2018, 08:17:50 PM
 #836

Of course, for now I consider bitcoin as my alternative source of my income because I have not got a decent job for me and also I need enough money to finance my daily life which is now all the basic stuff is expensive and also I really need money for college I therefore make this bitcoin as my main income or income. And thanks to bitcoin because i get a monthly salary from crypto for my needs and my savings. And I treat bitcoin more as an investment in the future than the main source of income.
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March 28, 2018, 08:34:30 PM
 #837

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.
many successful people who do not just rely on one business, I agree with you that Bitcoin cannot be our primary income,
 we must have other income apart from Bitcoin, like opening a business or working in someone else's company...

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March 28, 2018, 08:47:04 PM
 #838

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.
many successful people who do not just rely on one business, I agree with you that Bitcoin cannot be our primary income,
 we must have other income apart from Bitcoin, like opening a business or working in someone else's company...

Bitcoins will never give you fixed income and that is the reason its very risky to depend only on bitcoin for our income as you never know what will happen in future and if you don't have a regular job and if bitcoin disappears in future then it will be very tough for you to find a job in real world after a long time of gap in your professional carries so its always good to treat bitcoin as a extra income and continue with your full time job which gives you fixed salary at the end of the month.
concept2
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March 28, 2018, 09:23:42 PM
 #839

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.
many successful people who do not just rely on one business, I agree with you that Bitcoin cannot be our primary income,
 we must have other income apart from Bitcoin, like opening a business or working in someone else's company...

Bitcoins will never give you fixed income and that is the reason its very risky to depend only on bitcoin for our income as you never know what will happen in future and if you don't have a regular job and if bitcoin disappears in future then it will be very tough for you to find a job in real world after a long time of gap in your professional carries so its always good to treat bitcoin as a extra income and continue with your full time job which gives you fixed salary at the end of the month.
I rather to make $20000 a day and do nothing for 364 days than spend a year to make $20000. It is risky to depend on bitcoin and the cryptocurrency but it is worth to do that. It is worth for me to spend all of my time, my money and my efforts for them
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March 28, 2018, 09:23:56 PM
 #840

Bitcoin is not my main income but it usually gives me huge profits in the period of 1 to 2 months of investment. I invest in bitcoin by my savings and I do not put too much emphasis on profit because I think the future is the same market cryptocurrency and bitcoin. Investing in bitcoins is the best way to save and invest.
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