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Author Topic: Earning Bitcoin is good, but don't depent on it.  (Read 23561 times)
KnightElite
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January 11, 2019, 01:25:30 PM
 #141

Why I would depend on bitcoin? I already know that there are times that I can't make money through trading bitcoin because of its unstable price. Depending on the bitcoin is one of the wrong decision of every investors. They always think that they can have profit if they have bitcoin.
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January 11, 2019, 01:37:14 PM
 #142

My suggestion will be earning bitcoin for your life is good but don't depends on the signature campaign bitcoin earnings.Because 2018 taught that bounties and campaign will not going to stay forever as profitable so move and find the job which can give money then invest it to be a rich dad,









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January 11, 2019, 01:54:52 PM
 #143

Before i enter crypto community and start investing my money for bitcoins and altcoins,my time for bounties and gamblings i have a work a decent work that can provide for my family’s need

Someone approached me to just focus kn this last 2017 because of the continues growth but I decided to not stop my work,and besides do them both at the same time

I hate those people that spend their whole time in here then if they fail like what had happen last year they are blaming the market
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January 11, 2019, 02:05:43 PM
 #144

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.
They now regret it because of what happened in the market. They chose to enter the market than to find a job with passive income. They face the risks and now regretted to what happened. They are now worrying to their investment because they lose big amount of money. This situation reminds that not all of people can do cryptocurrency investment. 
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January 11, 2019, 03:44:10 PM
 #145

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.
Correct, we cannot depend our income in bitcoin because the price is very unstable sometimes you earn so much and sometimes you lose, that's why we need regular job to sustain our daily needs and have regular income.
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January 11, 2019, 09:11:47 PM
 #146

You are right, and I also advise you to leave investing in bitcoin as an additional income and find a job that will bring you pleasure and a good salary. Bitcoin is too unstable to be your main income.
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January 11, 2019, 09:20:45 PM
 #147

earning bitcoin is indeed a great privilege and also a great innovative idea but then, the volatility of the project is something that has made much people to consider alternative ways of seeing money. idealy, if you wan to be an investor in the blockchain framework, only consider invsting what you can loose as it is not stable, there are price fluctuations that may not be favorable to one
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January 11, 2019, 09:25:35 PM
 #148

I understand what everyone has such hopes for profit with the help of bitcoin - everyone wants to leave a boring job in the office and earn on the Internet. But bitcoin is not the best option because of its high volatility, unfortunately.

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January 11, 2019, 09:53:32 PM
 #149

This is true. Everyone should have another source so if one fails, others will save him/her.
I agree. You should not depend on it especially if you invest on it where you expect sudden gain. You have something to earn with next to it because you might wait much longer. While you are waiting, you have to do another thing which will be your source because the price of bitcoin is very volatile and you cannot predict when you can get profit.

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January 11, 2019, 10:26:46 PM
 #150

I understand what everyone has such hopes for profit with the help of bitcoin - everyone wants to leave a boring job in the office and earn on the Internet. But bitcoin is not the best option because of its high volatility, unfortunately.
It's market volatility and price stability makes this thing to be unpredictable future which people have worried about. Crypto line job isn't for  long term opportunity, it only be consider as a part time offer.  If you are having a stable job,  you better take care of it cause shifting into bitcoin is not a good choice.
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January 12, 2019, 02:21:17 AM
 #151

I understand what everyone has such hopes for profit with the help of bitcoin - everyone wants to leave a boring job in the office and earn on the Internet. But bitcoin is not the best option because of its high volatility, unfortunately.
It's market volatility and price stability makes this thing to be unpredictable future which people have worried about. Crypto line job isn't for  long term opportunity, it only be consider as a part time offer.  If you are having a stable job,  you better take care of it cause shifting into bitcoin is not a good choice.
I believe that earning bitcoin is really good and it is really an amazing ways of earnings, but we cannot really deny the fact that bitcoin earnings is really unstable and it really depends on the crypto market. It means there is no assurance on when we will recieve earnings because it is unstable, so I think we need to find another job that is stable so that we can survive. I believe that bitcoin is good  as partime job.
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January 12, 2019, 02:46:42 AM
 #152

I understand what everyone has such hopes for profit with the help of bitcoin - everyone wants to leave a boring job in the office and earn on the Internet. But bitcoin is not the best option because of its high volatility, unfortunately.
It's market volatility and price stability makes this thing to be unpredictable future which people have worried about. Crypto line job isn't for  long term opportunity, it only be consider as a part time offer.  If you are having a stable job,  you better take care of it cause shifting into bitcoin is not a good choice.
But we still can see someone very confident to leave their job and focus on bitcoin, and now they become jobless and get worse with crypto condition like this. For us who not late to know it, it is better to learn that leave real job is bad idea.

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January 12, 2019, 03:47:55 AM
 #153

I understand what everyone has such hopes for profit with the help of bitcoin - everyone wants to leave a boring job in the office and earn on the Internet. But bitcoin is not the best option because of its high volatility, unfortunately.
It's market volatility and price stability makes this thing to be unpredictable future which people have worried about. Crypto line job isn't for  long term opportunity, it only be consider as a part time offer.  If you are having a stable job,  you better take care of it cause shifting into bitcoin is not a good choice.

I believe that crypto job is like a real job and if you can do trading, you can use trading as your job so people would know that you are a trader. I think if you want to get a stable job, then you can go to the company or the governments and apply for a job as their employee so you can get a payment every month. We are doing many jobs related to the cryptocurrency because we realize that we have a big potential income which is not every people realize and want to take part in the cryptocurrency.

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January 12, 2019, 04:16:08 AM
 #154

I understand what everyone has such hopes for profit with the help of bitcoin - everyone wants to leave a boring job in the office and earn on the Internet. But bitcoin is not the best option because of its high volatility, unfortunately.
It's market volatility and price stability makes this thing to be unpredictable future which people have worried about. Crypto line job isn't for  long term opportunity, it only be consider as a part time offer.  If you are having a stable job,  you better take care of it cause shifting into bitcoin is not a good choice.
It's not gamble you know, crypto trading and investment give profit  to people who understand how it works, requires knowledge and skills to be able to generate profits, so in the long run it's not a problem you know, because you don't depend on luck to be profitable
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January 12, 2019, 04:25:26 AM
 #155

I understand what everyone has such hopes for profit with the help of bitcoin - everyone wants to leave a boring job in the office and earn on the Internet. But bitcoin is not the best option because of its high volatility, unfortunately.
It's market volatility and price stability makes this thing to be unpredictable future which people have worried about. Crypto line job isn't for  long term opportunity, it only be consider as a part time offer.  If you are having a stable job,  you better take care of it cause shifting into bitcoin is not a good choice.

Bitcoin market is volatile for now but it will not remain like this forever. Time will be changed soon when crypto and bitcoin will be more distributed and the no of whales will increase. The more the marketcap, more difficult it will be to manipulate the market and therefore bitcoin will be much more stable than it is now.
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January 12, 2019, 04:32:37 AM
 #156

It is very interesting and it is an expression that can give us a pretty real picture of the crypto world where we must realize that in investment and especially in bitcoin investment we will find happiness and definitely get sadness. The price of bitcoin is not stable, sometimes it rises quite high and sometimes it drops very sharply, bitcoin investment promises big profits, but it also contains a considerable risk of loss. For this reason, in my opinion, we should not only depend on bitcoin, and leave our main job or forget about the business that we have lived before. Make bitcoin an additional source of income and keep doing what is the main work or business that we have done before, that's the best we have to do, and I really appreciate what you think in this forum.
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January 12, 2019, 05:38:11 AM
 #157

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.

There are only a few Bitcoin paying bounties left. Lending is no longer an effective way of earning bitcoins, neither is gambling. And these are not practised by whales, whales engage in active trading or go long on bitcoins.
I agree with you that no one should depend on bitcoin bounties, but I don't think anyone really does (except when limited by situation).
Correct. Signature campaigns that pays Bitcoin become less profitable if we are talking about people who depends on it as a source of income. In my case yes I am one of those people that is dependent on crypto because I don't have a job. I find it more profitable here in this industry compared to my previous job. I earn money through bounty hunting and signature campaigns. I got motorbikes and built my own house so why would I leave crypto? All I know is that Bitcoin or crypto in general is the only way that will give me financial freedom.



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Rainbot
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January 12, 2019, 06:01:57 AM
 #158

I understand what everyone has such hopes for profit with the help of bitcoin - everyone wants to leave a boring job in the office and earn on the Internet. But bitcoin is not the best option because of its high volatility, unfortunately.
It's market volatility and price stability makes this thing to be unpredictable future which people have worried about. Crypto line job isn't for  long term opportunity, it only be consider as a part time offer.  If you are having a stable job,  you better take care of it cause shifting into bitcoin is not a good choice.
But we still can see someone very confident to leave their job and focus on bitcoin, and now they become jobless and get worse with crypto condition like this. For us who not late to know it, it is better to learn that leave real job is bad idea.
because the concern is not currently on steady income every month, but you can make a big income. and bitcoin provides that opportunity? so why not?
moreover many people has become full time traders and he succeeded because of that?
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January 12, 2019, 06:12:56 AM
 #159

This should have been realized from the beginning, long before bitcoin had a good value entering last 2017, many people had left their jobs just to focus on bitcoin, but on the other hand there were also people who only made bitcoin just for extra income. For those who only focus on bitcoin, they will tend to panic more when the crypto market crashes, because they only rely on bitcoin as income, so to avoid this panic, at least they must have any work or business in their real life so that when it happens crash, they can still calmly keep holding it. After all, bitcoin is also very good for our savings in the future.

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January 12, 2019, 06:33:40 AM
 #160

What the OP says is true, many have fallen asleep when bitcoin rise dramatically in 2017, and I'm sure many of them just leave what their real jobs are, and aren't aware that the trading world certainly has up trend and downs. Luckily for those who are aware, and immediately wake up from a dream to start their real business, and not lucky for those who are already lulled into dreams of trading in the crypto world.
I hope i and we learning from bitcoin cycle experience.
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