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Author Topic: Bitcoin as main job and income  (Read 1659 times)
pontiacg5
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October 22, 2013, 06:14:34 PM
 #21

I would not be able to stand putting my entire life into the hands of bitcoin, I'd be a nervous wreck all the time. What are you totally bitcoin dependent guys going to do if we crash hard? Seems plausible still, though unlikely.

But as bitcoin becomes more and more mainstream it only makes sense that more people "only" work bitcoin. I'd say that's a good thing in the long run  Cheesy

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gweedo
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October 22, 2013, 06:26:07 PM
 #22

I would not be able to stand putting my entire life into the hands of bitcoin, I'd be a nervous wreck all the time. What are you totally bitcoin dependent guys going to do if we crash hard? Seems plausible still, though unlikely.

But as bitcoin becomes more and more mainstream it only makes sense that more people "only" work bitcoin. I'd say that's a good thing in the long run  Cheesy

It is highly unlikely it will ever go straight down to just $0 or even $less than $50 unless a huge bug was found, which would have probably by now already. But just like any investment you diversify, I own a lot different pretty safe investments. Bitcoin is the most risky of those. If bitcoin crashed I wouldn't be screwed but my future would be rocky for sure.
cr1776
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October 22, 2013, 07:08:36 PM
 #23

This is why you should ignore financial advice in the Newbies forum.

...and any that advises you to gamble to make money.   Smiley
c1010010
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October 22, 2013, 07:18:43 PM
 #24

This is why you should ignore financial advice in the Newbies forum.

...and any that advises you to gamble to make money.   Smiley

how true!

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krishatnet
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October 23, 2013, 01:48:26 AM
 #25

May be some people but I am working for part time.

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Soju Boy
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October 23, 2013, 02:25:32 AM
 #26

It's become my main source of income, but only because I'm a student. Can't imagine feeling safe relying on bitcoin speculation as my main source of income postgrad.
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October 23, 2013, 02:43:41 PM
 #27

It's become my main source of income, but only because I'm a student. Can't imagine feeling safe relying on bitcoin speculation as my main source of income postgrad.

You can always convert half of what you earn to USD. Depending on what you are doing, it might even better then the real job Smiley

hulk
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October 23, 2013, 04:04:36 PM
 #28

This is why you should ignore financial advice in the Newbies forum.

...and any that advises you to gamble to make money.   Smiley

Best way of getting fast cash Smiley

zerocode20
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October 23, 2013, 04:49:08 PM
 #29

This is why you should ignore financial advice in the Newbies forum.

...and any that advises you to gamble to make money.   Smiley

Best way of getting fast cash Smiley

Sure, according to your trust rating ...

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c1010010
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October 23, 2013, 05:04:12 PM
 #30

This is why you should ignore financial advice in the Newbies forum.

...and any that advises you to gamble to make money.   Smiley

Best way of getting fast cash Smiley

Sure, according to your trust rating ...


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nthoangga (OP)
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October 30, 2013, 03:03:40 PM
 #31

It's become my main source of income, but only because I'm a student. Can't imagine feeling safe relying on bitcoin speculation as my main source of income postgrad.

You can always convert half of what you earn to USD. Depending on what you are doing, it might even better then the real job Smiley

Well it won't never be any better than my real job unless I seriously considering taking some risk Smiley

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