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Author Topic: Bitcoin as your main income?  (Read 4417 times)
ChConcept
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April 15, 2018, 04:55:19 AM
 #1241

For me Bitcoin is a great source of income but I prefer to have it just as the secondary one, due to its volatility, I want to ensure that my primary source of income is stable and would be enough to provide to our daily needs so incase I need to do strategic actions of holding coins for a while, our daily needs are still met and I will not be force to do something just because I need money.

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April 15, 2018, 05:02:41 AM
 #1242

Totally bitcoin is my second income in coming years,for now on is my extra sideline. I wait bitcoin high in price.
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April 15, 2018, 05:08:01 AM
 #1243

If the price increase keeps happening and repeats as late as last year then I'm sure that making bitcoin as the main income is easy thing to happen, but if you look at the fact at this time then I have not dared to make bitcoin as main income.

Bitcoin is already having a market cap of more than $100 billion. Now the price fluctuations are going to be much more moderate. You can't expect 5x or 10x price rise within a month now. At the most, you can expect a 100% increase in one year.

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April 15, 2018, 05:35:12 AM
 #1244

For me, making Bitcoin as your main income is not a 100% practical for me. Because, let's be practical, for the next hours we dont know what will happen in it. We dont know if we still have like this. This kind of business is unpredictable, and having like this you should have another plan, so that you have back up. So at the end of the day you may loss but still you have plan B. 
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April 15, 2018, 05:40:06 AM
 #1245

for now my biggest income is from crypto. I do not label this a job but a hoby. I am happy with cryptocurrency. work here is not too difficult and not bound by hours to work. wherever and whenever can do it

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Raufjoze
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April 15, 2018, 06:09:02 AM
 #1246

don't depend you entire financial stability or income on bitcoin because it is not volatile. you can consider it as a source of income but maybe in a secondary way. it is highly importamt to have a primary source of income, one that is stable.

Yes I agree with you but bitcoin is volatile. Its fluctuation is normal so having bitcoin as a main income is not a good idea because anytime bitcoin can fall down its price but if lucky it will pump and you will earn a lot. Maybe you should consider bitcoin as an alternative source of income. You regular job must be your primary source of income because your job is stable and permanent so risk is not a part of it that's why we consider it as a primary source of income.
thats great idea for us.but some people take a risky choice that they want to be fulltime or profesional crypto enthusiast.their family and children could be main reason for that.

Because Bitcoin is unstable and keeps fluctuating it will not be a good idea to make it a source of income, but you can make it a normal income through trade. I do not think Bitcoin can be your primary source of income
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April 15, 2018, 08:32:06 AM
 #1247

don't depend you entire financial stability or income on bitcoin because it is not volatile. you can consider it as a source of income but maybe in a secondary way. it is highly importamt to have a primary source of income, one that is stable.

Yes I agree with you but bitcoin is volatile. Its fluctuation is normal so having bitcoin as a main income is not a good idea because anytime bitcoin can fall down its price but if lucky it will pump and you will earn a lot. Maybe you should consider bitcoin as an alternative source of income. You regular job must be your primary source of income because your job is stable and permanent so risk is not a part of it that's why we consider it as a primary source of income.
thats great idea for us.but some people take a risky choice that they want to be fulltime or profesional crypto enthusiast.their family and children could be main reason for that.

Because Bitcoin is unstable and keeps fluctuating it will not be a good idea to make it a source of income, but you can make it a normal income through trade. I do not think Bitcoin can be your primary source of income
Bitcoin can not be the main income in my opinion because sooner or later bitcoin will end .. bitcoin can only be used as additional income or make simple work to create business or other as capital .. and both can be done well, to increase your profit and you can also hire someone else for business or hire them in your business
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April 15, 2018, 08:41:50 AM
 #1248

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 not my primary source of income so far, so many people say that Bitcoin is big money and secure when it comes to investing in cash. There are profitable investments in virtual currency, but besides that, quite a lot of people have lost everything.
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April 15, 2018, 09:59:25 AM
 #1249

Bitcoin serve as another good source of income but not main income its not stable and its hard to rely only on bitcoin to sustain our daily needs, but rather alternative to earn extra income..
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April 15, 2018, 06:53:47 PM
 #1250

Bitcoin right now is it! As a regular or main income...well it wont always fill that space if you dint have a other source of income except you have become one who has made alot from it. For all I know and care right now bitcoin is a life saver to some of us. We are still  hoping to get to a higher ground in bitcoin and make a daily living out of it.

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April 15, 2018, 07:03:53 PM
 #1251

If you don't want to risk too much you'd need to have a lot more money than most subscribers here to make a living off of it.

That's not a full-time-job you'll do until you're dead.
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April 15, 2018, 09:51:52 PM
 #1252

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.

Agree, we can not see the future. what we want is profit but in fact no one can predict the next price. so if 100% stakes income and capital for crypto I think it's full of risks. but still. the big risks must be high Profit as well. Thats for sure in economic.
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April 15, 2018, 10:19:58 PM
 #1253

For me i think its not the source of my income. But still i got money from this and use for my needs
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April 15, 2018, 10:37:01 PM
 #1254

Are not. BTC is just my side income, I do not spend all my time with BTC. I only spend 2 hours a day to work with BTC. But they still give me a higher income than my main job. Perhaps in the future I will see BTC as my main job and take off my current job. This is in the time I am making a decision for myself.
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April 15, 2018, 10:39:57 PM
 #1255

For the past 3 years bitcoin is my source of income. I never knew that bitcoin will provide the needs of my family 3 years straight. Im so happy i learned bitcoin which change the way of our living.

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April 15, 2018, 10:48:07 PM
 #1256

At this time my total earnings are coming from bitcoin I am working on crypto trading and whenever I withdraw money I use to exchange BTC to USD and that is the only option I am using from last few months.
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April 15, 2018, 11:26:11 PM
 #1257

We have different views about bitcoin. But in my own experience bitcoin is an income for me. By participating in bounty campaign like Signature, telegram, and social media is a work for me that when i do all of this i can earn an income. Ant that is my views about bitcoin.
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April 15, 2018, 11:30:30 PM
 #1258

We have different views about bitcoin. But in my own experience bitcoin is an income for me. By participating in bounty campaign like Signature, telegram, and social media is a work for me that when i do all of this i can earn an income. Ant that is my views about bitcoin.
Well for me bitcoin is now my main income because i resign for my job because i dont love my job anymore so right now i am focusing more with bitcoin, that's why right now bitcoin is my main income and i am also hoping that the value of bitcoin will start to rise so i can earn more money.

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April 15, 2018, 11:40:42 PM
 #1259

    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 was just my another source of income. Not all the time tou an get profit from it especially when you joined in bounty campaing. It will depend if it will become successful or not. I already experienced that where my salary here was more than the salary I get from my job.



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April 16, 2018, 12:21:21 AM
 #1260

Bitcoin is an income, i can't say it is main income. I probably say it just an extra source of income. I can say in myself that it really helps me a lot because i can provide the needs of my family financial. Bitcoin is volatile and profitable.Its a good way of investing.
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