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Author Topic: Earning Bitcoin is good, but don't depent on it.  (Read 23547 times)
Vness10
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January 10, 2019, 04:23:10 PM
 #121

That's true we xant rely only in bitcoin our daily income because we know how risky bitcoin is and we know that in crypto market its always volatile so we can sure that we can have a good earnings everyday. We can manage the real job and doing earnings in crypto.

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January 10, 2019, 04:51:48 PM
 #122

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.
If you are depend on only one income source then someday you may be in trouble if that source doesn't work for you, same is the case with Bitcoin, although BTC can make millionaire in a short period but sole income dependency on it may be dangerous. One must have other sources of income may be some offiline business or fiat currency market. Dependency on single income source does not seem good.

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January 10, 2019, 06:49:34 PM
 #123

depending fully on crypto currency as a means of livelihood is a wrong decision, like the author likely said, its good to earn bitcoin and crypto currency through the various means possible, but depending solely on it as a means of living will result in emotional disorder in times of a bearish market like we are currently in now.
Everyone in this world must have strategy in their life. Life who only depends on crypto i think is totally wrong, and like you and other else in here might be agree with it. We must have real job with fixed salary to keep maintain our life.
 It’s good to have a real job because there is no surety about crypto but it’s only for those who are still lack of knowledge in those crypto currency. It can easily be use as an additional source of income as it’s reliable and give a more recent and easy opportunities. For those who have no real job they also can live better life with bitcoin earning for joining bounties campaign.
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January 10, 2019, 07:08:45 PM
 #124

depending fully on crypto currency as a means of livelihood is a wrong decision, like the author likely said, its good to earn bitcoin and crypto currency through the various means possible, but depending solely on it as a means of living will result in emotional disorder in times of a bearish market like we are currently in now.
Everyone in this world must have strategy in their life. Life who only depends on crypto i think is totally wrong, and like you and other else in here might be agree with it. We must have real job with fixed salary to keep maintain our life.
 It’s good to have a real job because there is no surety about crypto but it’s only for those who are still lack of knowledge in those crypto currency. It can easily be use as an additional source of income as it’s reliable and give a more recent and easy opportunities. For those who have no real job they also can live better life with bitcoin earning for joining bounties campaign.

Yes i too agree on this don't depend complete on crypto coins because there will not be standard income we can achieve through this channel we have to look for job or business which give us monthly standard money to fulfill the daily needs. Crypto can be part time job for us and we can spend time in phased manner to earn the money from crypto coins.

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January 10, 2019, 10:48:01 PM
 #125

Planning to make cryptocurrency your main source of income is not bad. People just need to understand that it is much more difficult to do it now than before. Then many managed to snatch a piece of the pie and many are inspired by their experiences wanted also. But now everything has changed and therefore it is necessary to make more efforts to get rich.

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January 10, 2019, 11:19:16 PM
 #126

Do not ever depend on bitcoin because we do not know if this thing is lifetime. You should bitcoin as your alternative and find a job that fit to the things that you really want. I do not depend on bitcoin because there is no assurance that you can earn money so I have my permanent job.
right what you say we know the risks in investing with crypto currencies are very large and maybe also the problem of legality in my country is very minimal even the government directly prohibits crypto currency transactions directly
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January 10, 2019, 11:48:14 PM
 #127

I believe that this is the only way that should be chosen when we talk about cryptocurrency. Actually, it was stupid not to leave our jobs, but expect a better rate(
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January 11, 2019, 03:47:19 AM
 #128

This is true we must not depend on bitcoin alone because there are lots of other cryptocurrency which we can make profit not only bitcoin. Moreover people must realize that investing in cryptocurrency carry high risk so if we have a stable job or other business work on it and not just depend on Crypto.

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January 11, 2019, 05:11:07 AM
 #129

Bitcoin is a digital currency, that find in the crypto industries, which has been transparent on any transaction made with out mistake in calculating, secondly bitcoin is a decentralised currency, that the price keep fluctuating on the trading platform.
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January 11, 2019, 05:16:56 AM
 #130

Totally agree,we don't have to depend earnins based on the crypto currencies only since it is very volatile market we can't sure what will happen and all our money needed to run our life will get vanished so better to have crypto as our passive income and must need to have primary job which can give enough earnings to cover expenses.

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January 11, 2019, 08:15:58 AM
 #131

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.
Great, thank you guys for the advice you have given.
I fully agree with you because if we are too dependent on Bitcoin then we will not forever earn income. For example, in 2017, so many of my friends left their real work for the sake of bitcoin and what happened to them right now is really just a regret.

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January 11, 2019, 08:21:47 AM
 #132

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 always considering the risk that I facing and that's why I do not depend on the bitcoin at all times. I need profit but I am aware that not all of times I can earn money from bitcoin.  Due to its volatility, I expect that its price is always changing.
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January 11, 2019, 09:54:40 AM
 #133

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.

absolutely right, it should and indeed crypto will have the nature to be passive income. not good for this habit. But with the difficulty of finding work at a time like this, Crypto is a solution for some people and ultimately they depend on this, let the market go according to the plot, we don't need to rush.

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January 11, 2019, 10:13:36 AM
 #134

For the most I guess bitcoin is the future in the economic transactions that will make adaption on how people make transactions in day to day life.  We are the pioneers of bitcoin use cases that are being introduced right now and the cryptocurrency market cap is just a baby in our generation. However let us look forward on the next generation what will bitcoin and the blockchain will affect their lives in a day to day transaction and the technology that they will be experiencing.
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January 11, 2019, 10:51:24 AM
 #135

It is difficult to depends on unstable.
People wants stable one than unstable.
We want stable relationship, stable life, stable job, stable family, and stable resources.
Nobody wants unstable except the risk takers. How much more big amount of investment.

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January 11, 2019, 11:04:52 AM
 #136

I agree with your opinion, we should now treat Bitcoin as a passive income and don't give up yet, I mean yet because the potential of this technology has not yet matured, in the heyday of bounty campaign, people left their jobs to focus on bounty hunting, if they did not set up a business using their bounty earnings, they are in trouble when bear market happens.
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January 11, 2019, 11:08:53 AM
 #137

Very well said buddy. It's about time we realized trading or earning in Bitcoin should be a passive job for additional income. Anyway for those who have money and are day traders, it may look good for them but generally we should embrace this and do it part time even amidst these times. If you're a developer for any project also, you shouldn't stop building.

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January 11, 2019, 11:29:23 AM
 #138

Bitcoin income should only serve as a sideline of your main income, an alternative source of income so to speak. You cannot depend on the income you possibly get from Bitcoin. It is very risky. There were so many questions on this forum before, asking whether or not it is a sound decision to leave their job and focus their time entirely on Bitcoin and related stuff. I have always been consistent with my answers. If you have a good job that pays you well, why leave it? But if you have a job that takes all your time and effort and yet pays you a minimum, it is always better to leave it even if you are into Bitcoin or not.
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January 11, 2019, 12:45:09 PM
 #139

yep. you cant depend all stuff just on bitcoin.
actually, if you success and make much profit on this case, you can build your own factory, to produce your own profit and not depend on bitcoin. because, bitcoin its not hold on fotlr long time. sometimes they will down and in that time, you have the other leg to walk
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January 11, 2019, 01:12:02 PM
 #140

Yes everything is good in bitcoin but unfortuntely theres an ending like this happen how it dump in how many months,  this bitcoin is just ah 2nd place from our job we need a true job that even we cannot earn bitcoin we have a salary to earn.

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