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Author Topic: Earning Bitcoin is good, but don't depent on it.  (Read 23566 times)
seoincorporation
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January 08, 2019, 06:44:07 PM
 #21

Great words Coolcryptovator.

I agree with you, to earn in bitcoin is great, but it shouldn't the only income source because volatility can give us some good times but nasty times too. I have 2 jobs who pay me in bitcoin and one job who pay me in my local coin, I try to divide because if I only got an income in bitcoin it would be a hard pain every time the price goes down. Let's play it starn and avoid putting all the eggs on the same basket.

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January 08, 2019, 06:55:52 PM
 #22

I believe whoever on this forum somehow he is connected with crypto-currency. And all crypto-currency surrounded by Bitcoins. There is lot of way to earn bitcoin like trading, gambling, lending, bounty and so on. This is great opportunity that Bitcoin give us many way to earn from online.

I have seen few topic on forum lately that few people's are want to leave crypto-currency due to continue bear markets. They are finding job or whatever. That's why my topic title is earning Bitcoin is good, but don't depend on it since most of we are not whales.

Beginning of 2017 people's was happy up to end of year. Few people's left his job as far as I know only by depend on Bitcoin. The thought was Bitcoin will make them millionaire. That's not wrong it will happen once a day. But totally depend on it is sign of stupidity. It will be wrong if we think that market always will up trend and give us profits. Those are totally depend on online earning like bitcoin, downtrend is damn for them. In a result they loss their patience and sell coin on loss especially traders.

I would like to suggest earn Bitcoin as much as you can but don't depend on it. Just consider it as a passive income. Just continue your job or whatever your business. On the other hand earn from online and hold it until bull run on your appropriate targets. Then you will not panic and you will not be in loss. Most of traders loss due to panic sell and panic buy. So keep patience and continue your earning, spread the word about Bitcoin. Attract new investors on crypto industry. Think positive and be positive.

My intention to motivate people's who have losed their hope on crypto. The main reason is who are thinking to leave crypto they was totally depend on it. Which is wrong in my opinions.
You made a great point!
Earning bitcoin is good and should be viewed as another source of income,
Diversity is key,  is not a bad idea to invest in other sectors as well.
It's a creative thing to do.
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January 08, 2019, 07:11:36 PM
 #23

I believe whoever on this forum somehow he is connected with crypto-currency. And all crypto-currency surrounded by Bitcoins. There is lot of way to earn bitcoin like trading, gambling, lending, bounty and so on. This is great opportunity that Bitcoin give us many way to earn from online.

I have seen few topic on forum lately that few people's are want to leave crypto-currency due to continue bear markets. They are finding job or whatever. That's why my topic title is earning Bitcoin is good, but don't depend on it since most of we are not whales.

Beginning of 2017 people's was happy up to end of year. Few people's left his job as far as I know only by depend on Bitcoin. The thought was Bitcoin will make them millionaire. That's not wrong it will happen once a day. But totally depend on it is sign of stupidity. It will be wrong if we think that market always will up trend and give us profits. Those are totally depend on online earning like bitcoin, downtrend is damn for them. In a result they loss their patience and sell coin on loss especially traders.

I would like to suggest earn Bitcoin as much as you can but don't depend on it. Just consider it as a passive income. Just continue your job or whatever your business. On the other hand earn from online and hold it until bull run on your appropriate targets. Then you will not panic and you will not be in loss. Most of traders loss due to panic sell and panic buy. So keep patience and continue your earning, spread the word about Bitcoin. Attract new investors on crypto industry. Think positive and be positive.

My intention to motivate people's who have losed their hope on crypto. The main reason is who are thinking to leave crypto they was totally depend on it. Which is wrong in my opinions.


Yes depending upon the only money making where will be Bitcoin is not a good idea because Bitcoin is unstable we cannot do anything against the value it can go either up or down on the time it will not helpful for us that's why we are saying don't trust only Bitcoin make some other where money making it will be helpful it the future.
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January 08, 2019, 07:15:12 PM
 #24

Most of the traits of a person are quickly satisfied when he gets something that has been targeted but he does not think about the future must be passed by his life. A person only focuses on the work he is doing and their future affairs are only left to time and never to design his life. I agree with what you say, when someone depends on his day's income from bitcoin I am sure they will be miserable when faced with a bear market condition. I have a friend and he decided to focus on cryptocurrency in 2017 and leave his job because he reasoned that the crypto currency beat his income per month, but what happens now is he is busy looking for work again, that is very unnatural.
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January 08, 2019, 07:19:13 PM
Merited by The Sceptical Chymist (2)
 #25

It is absolutely right that who fully dependent on it, he is great fool. My opinion is don't depend on bitcoin.You can take it like a part time job.

Dude... You guys are talking about depending on "Bounties" - That has nothing to do with depending on BTCBTCBTC

Don't be a bum bitcoin bounty dumpster diver and expect to find a shiny new lambo  Roll Eyes


Bitcoin is up over 1000% in 2years. Most traders made some serious money last year and hopefully saved some for the bullish times.

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January 08, 2019, 07:19:58 PM
 #26

Most of the traits of a person are quickly satisfied when he gets something that has been targeted but he does not think about the future must be passed by his life. A person only focuses on the work he is doing and their future affairs are only left to time and never to design his life. I agree with what you say, when someone depends on his day's income from bitcoin I am sure they will be miserable when faced with a bear market condition. I have a friend and he decided to focus on cryptocurrency in 2017 and leave his job because he reasoned that the crypto currency beat his income per month, but what happens now is he is busy looking for work again, that is very unnatural.

Yes you are correct. We should not depend on bitcoin alone because this crypto market is not predictable and we can become millionaire in 1 night but this is very rare case and there are people lost huge value from bitcoin so be cautious and don't depend on crypto coins. Do some work and keep crypto as part time so that you will not suffer a lot and lost confidence on crypto market.

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January 08, 2019, 07:26:35 PM
 #27

I agree with you that we should only treat it as a secondary profession, not to become dependent on it. When you choose it as the main job, it will really be your source of life. If you can't make money from it, everything will become really desperate.

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January 08, 2019, 07:34:58 PM
 #28

Also wrong in my opinion. Because lots of unpredictable things could happen(bounties that does not pay for participation in it, gambling as itself, loss of value and as so losing the funds...), it is wrong to depend on bitcoin and crypto currency as a main income source. There is no guarantee that you will have certain income, therefore basic life needs and existence itself are jeopardize.
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January 08, 2019, 07:47:13 PM
Merited by The Sceptical Chymist (1)
 #29

Crypto may change the world, but you should never go "all in" on it.  Just like the internet changed the world, but it took a decade + before it really got up and running.  Not  saying the timing will be the same, but saying the risk absolutely is the same.  We're (kinda) front runners to brand new tech - the risks are equal to the rewards! 
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January 08, 2019, 07:49:37 PM
 #30

I totally agree. It is good, but even if it seems like a great idea that could completely change the future, for now we don't have idea how long will it least. It's always good to have some emergency options
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January 08, 2019, 08:21:05 PM
 #31

It is absolutely right that who fully dependent on it, he is great fool. My opinion is don't depend on bitcoin.You can take it like a part time job.

Dude... You guys are talking about depending on "Bounties" - That has nothing to do with depending on BTCBTCBTC

Don't be a bum bitcoin bounty dumpster diver and expect to find a shiny new lambo  Roll Eyes


Bitcoin is up over 1000% in 2years. Most traders made some serious money last year and hopefully saved some for the bullish times.


I agree, there are people who make a healthy living earning bitcoin
but not just from bounties. There are people who trade, who create
content for example to earn bitcoin.

I wouldnt be worried about the volatility because the high prices
balance out the lows.

R


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January 08, 2019, 08:27:24 PM
 #32

Earning fiat is good, but don't depend on it.

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January 08, 2019, 08:51:35 PM
 #33

I partially agree with you. However, there are many people who were able to leave their jobs because the cryptocurrency began to bring them sufficient income. I would paraphrase your words a bit and say do not leave your job until you are firmly confident that you will be able to receive a stable income from crypto in any market. I think there is nothing wrong with people seeking to make crypto their main source of income. It is better to depend on bitcoin than on your employer.

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January 08, 2019, 08:58:34 PM
 #34

I would like to suggest earn Bitcoin as much as you can but don't depend on it. Just consider it as a passive income. Just continue your job or whatever your business. On the other hand earn from online and hold it until bull run on your appropriate targets. Then you will not panic and you will not be in loss. Most of traders loss due to panic sell and panic buy. So keep patience and continue your earning, spread the word about Bitcoin. Attract new investors on crypto industry. Think positive and be positive.

My intention to motivate people's who have losed their hope on crypto. The main reason is who are thinking to leave crypto they was totally depend on it. Which is wrong in my opinions.
There are a lot of people who are engaged in full time online trading and you should not consider trading as passive earnings. Passive earnings can be bounty. If you have invested all of money in a volatile market, one day you will certainly lose. Or in such cases you should store enough money to pay for your own needs.
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January 08, 2019, 09:19:01 PM
 #35

I believe whoever on this forum somehow he is connected with crypto-currency. And all crypto-currency surrounded by Bitcoins. There is lot of way to earn bitcoin like trading, gambling, lending, bounty and so on. This is great opportunity that Bitcoin give us many way to earn from online.

I have seen few topic on forum lately that few people's are want to leave crypto-currency due to continue bear markets. They are finding job or whatever. That's why my topic title is earning Bitcoin is good, but don't depend on it since most of we are not whales.

Beginning of 2017 people's was happy up to end of year. Few people's left his job as far as I know only by depend on Bitcoin. The thought was Bitcoin will make them millionaire. That's not wrong it will happen once a day. But totally depend on it is sign of stupidity. It will be wrong if we think that market always will up trend and give us profits. Those are totally depend on online earning like bitcoin, downtrend is damn for them. In a result they loss their patience and sell coin on loss especially traders.

I would like to suggest earn Bitcoin as much as you can but don't depend on it. Just consider it as a passive income. Just continue your job or whatever your business. On the other hand earn from online and hold it until bull run on your appropriate targets. Then you will not panic and you will not be in loss. Most of traders loss due to panic sell and panic buy. So keep patience and continue your earning, spread the word about Bitcoin. Attract new investors on crypto industry. Think positive and be positive.

My intention to motivate people's who have losed their hope on crypto. The main reason is who are thinking to leave crypto they was totally depend on it. Which is wrong in my opinions.

well that fact, that you cant obtain a regular income with bitcoin makes it basically impossible for bitcoin to ever become a world currency.

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January 08, 2019, 09:27:53 PM
 #36

I believe whoever on this forum somehow he is connected with crypto-currency. And all crypto-currency surrounded by Bitcoins. There is lot of way to earn bitcoin like trading, gambling, lending, bounty and so on. This is great opportunity that Bitcoin give us many way to earn from online.

I have seen few topic on forum lately that few people's are want to leave crypto-currency due to continue bear markets. They are finding job or whatever. That's why my topic title is earning Bitcoin is good, but don't depend on it since most of we are not whales.

Beginning of 2017 people's was happy up to end of year. Few people's left his job as far as I know only by depend on Bitcoin. The thought was Bitcoin will make them millionaire. That's not wrong it will happen once a day. But totally depend on it is sign of stupidity. It will be wrong if we think that market always will up trend and give us profits. Those are totally depend on online earning like bitcoin, downtrend is damn for them. In a result they loss their patience and sell coin on loss especially traders.

I would like to suggest earn Bitcoin as much as you can but don't depend on it. Just consider it as a passive income. Just continue your job or whatever your business. On the other hand earn from online and hold it until bull run on your appropriate targets. Then you will not panic and you will not be in loss. Most of traders loss due to panic sell and panic buy. So keep patience and continue your earning, spread the word about Bitcoin. Attract new investors on crypto industry. Think positive and be positive.

My intention to motivate people's who have losed their hope on crypto. The main reason is who are thinking to leave crypto they was totally depend on it. Which is wrong in my opinions.
I agree with you mate,the market is very volatile that is why its not advisable to left jobs and depend on bitcoin.I have heard some of the people i know whose doing jobs to own bitcoin have profited a year ago and suddenly they'd resign and go on for a vacation.Even myself sees it as a wrong concept.

mohammedmattar
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January 08, 2019, 09:34:53 PM
 #37

This rational thinking reminds me of the well-known rule
Do not put all eggs in one basket
There must be a basic work for everyone here to depend on because we all have families and material commitments
I will never leave my work until comprehensive adoption occurs and I have gained sufficient experience.
ecnalubma
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January 09, 2019, 01:39:29 AM
 #38

Some people are force to sell due to they have nothing left to spend for their living and I understand that as crypto earner. No matter how big the rewards we earn market will always decide for the price of our holdings, I expect much of crypto and this is my passion now since I left my job 2 years ago and yes I'm aware of whats happening. Everyone entering crypto for a living should always have back-up plans.
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January 09, 2019, 01:50:29 AM
 #39

no one should ever depend on any single earing source, the wise way is to depend on multiple sources, especially passive income. No sane person will ever thing BTC or any other thing as his/her single income source.
imstillthebest
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January 09, 2019, 02:02:05 AM
 #40

no one should ever depend on any single earing source, the wise way is to depend on multiple sources, especially passive income. No sane person will ever thing BTC or any other thing as his/her single income source.

why not ? i mean its possible man  .  i myself is only depending on cryptos as my primary single source of income because i dont have a job so far and im pretty sure that most of us are also the same as my situation because the real truth is that finding a stable job offline are much harder than you expected . even if you are a graduate in college or even if you are a title holder , you cant expect to get hired imediately because many people are also aplying for the vacant posisition .   

so instead of wasting our time applying outside , why cant we just foccus here working with cryptos ?  we can get  instant carreer here with no boss  or any hasel 
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