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Author Topic: Minimum wage salary from real job compare to crypto earning which is better?  (Read 699 times)
Mark Anthony Castor (OP)
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April 13, 2019, 10:56:21 AM
 #1

I'm just curious and still want to learn more about crypto not only to earn but also to share to anyone that there is another world that exists. I am working only as a crew got enough minimum wage salary. Is it right for those that feel worthless same as I am the income is insufficient in the real world to give up and focus more about crypto?
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April 13, 2019, 11:02:47 AM
 #2

If by "focusing more on crypto" you mean to join some shitty bounty campaigns - the answer is obviously no.

A much better idea would be to educate yourself on a number of things, and become good at something that society values/has a need for. ( eg Programming)

But damn, this is a rhetorical question to ask.

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April 13, 2019, 11:12:55 AM
 #3

I am working only as a crew got enough minimum wage salary. Is it right for those that feel worthless same as I am the income is insufficient in the real world to give up and focus more about crypto?

Then actually try learning something that would give you a better job, or something that would make you knowledgeable to run your own business. Like what AdolfinWolf said, those altcoin bounties are a waste of time. Even if you could probably earn small amounts of money off it, what else do you actually earn from it? Pretty much nothing. It doesn't help you mentally and it doesn't help you in terms of knowledge at all.

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Mark Anthony Castor (OP)
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April 13, 2019, 11:22:46 AM
 #4

If by "focusing more on crypto" you mean to join some shitty bounty campaigns - the answer is obviously no.

A much better idea would be to educate yourself on a number of things, and become good at something that society values/has a need for. ( eg Programming)

But damn, this is a rhetorical question to ask.

Not only bounty campaign but also trading. Just in case if someone was really pursuing to gain more knowledge about this kind of environment. Is it enough source of income?
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April 13, 2019, 12:25:54 PM
 #5

Not only bounty campaign but also trading. Just in case if someone was really pursuing to gain more knowledge about this kind of environment. Is it enough source of income?

It's like asking if would you get good money if you became an artist or if you took a dentistry degree. It really completely depends on you and how good or bad you'll end up being. There are traders that make a living through trading, and at the same time, there are traders that end up losing money(which is mostly the case).

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April 13, 2019, 12:47:27 PM
 #6

There are well payed programming jobs in the crypto sphere, like the others have suggested. If you are a good programmer, you can earn a lot, much more than in other areas and much more than working for minimum wage salary. There are other crypto-related jobs that require no programming skills, but you have to have other skills and previous experience in marketing, public-relation, office jobs, and so on. If you are new to this sphere, hang around this forum to learn the basics but after that you should get involved in serious education if you want to have a real crypto job. What you can earn from bounties and airdrops is not even remotely comparable to even a minimum wage salary.
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April 13, 2019, 01:07:32 PM
Last edit: April 18, 2019, 01:31:32 AM by GreatArkansas
 #7

There are well payed programming jobs in the crypto sphere, like the others have suggested. If you are a good programmer, you can earn a lot, much more than in other areas and much more than working for minimum wage salary.
You should also consider where you are working, I know someone that are software developer and a minimum wager. There's a lot of people thinks that there's easy money on crypto, well, they are wrong.
There are other crypto-related jobs that require no programming skills, but you have to have other skills and previous experience in marketing, public-relation, office jobs, and so on.
I know some people from my country that started in crypto doing bounties or some extra money in crypto that now are now working remotely and their salary is too huge, some of them are crypto related also.

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April 13, 2019, 03:22:05 PM
 #8

Not only bounty campaign but also trading. Just in case if someone was really pursuing to gain more knowledge about this kind of environment. Is it enough source of income?
Regarding bounties ... times are over were you could earn a decent amount of money by taking part in eg. social media campaigns. The last three bounties I took part in didnt even reach the soft cap, means that they either didnt pay anything or a bunch of worthless, not listed tokens.

So better invest your time in education, this will definitly pay off Wink

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April 13, 2019, 03:29:22 PM
 #9

I'm just curious and still want to learn more about crypto not only to earn but also to share to anyone that there is another world that exists. I am working only as a crew got enough minimum wage salary. Is it right for those that feel worthless same as I am the income is insufficient in the real world to give up and focus more about crypto?

First crypto earnings are also real. Secondly, it all depends on your skill to quickly adapt to the circumstances. How are things going with you?
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April 13, 2019, 04:04:25 PM
 #10

I'm just curious and still want to learn more about crypto not only to earn but also to share to anyone that there is another world that exists. I am working only as a crew got enough minimum wage salary. Is it right for those that feel worthless same as I am the income is insufficient in the real world to give up and focus more about crypto?
Maybe if you know how to live without food, clothes and roof over your head then it is worth that. Otherwise, that's what is waiting for you if your give up your job and will study crypto all your time. You should buy crypto only for money that you can afford to lose. Also you need to have money to have a chance to wait some time in losses without selling your coins in case if you need to pay your rent during a dips.
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April 13, 2019, 09:56:07 PM
 #11

First, don't pity yourself. You are working with dignity so don't call it as worthless.

Now, I reckon what adolfinwolf said. Educate first yourself and look for a skill of yours to cultivate. If you are into programming then you can get paid and start working with it. There's so much many ways to earn with crypto and if you want to be a day trader, you need to study it too and learn on how to mitigate risk.
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April 13, 2019, 10:02:39 PM
 #12

What country do you live in?

If you live in the US then you'll be very hard pressed to earn from crypto compared to a normal job.

If you're in the Philippines or Africa then it's very different and you may end up earning more than a local judge.

Either way the one thing you absolutely should not do is become dependent solely on crypto earnings. I remember people saying they were paying their rent from their sig campaign, then it shut down without warning a few weeks later.
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April 13, 2019, 10:47:12 PM
 #13

I am not confident I am understanding the question in the OP.....

It is not normal to expect to earn money while you are learning. Students typically will actually pay to gain an education, but sometimes work limited hours earning less than they might otherwise if the student was not in school. This is why many businesses give discounted rates for services and goods to people they can verify to be a student.

At the completion of your education, a student will no longer be a student, and can expect to leverage his newly acquired knowledge to earn a higher income.

If you want to get into "trading" I would say you should start with smaller sized trades before risking larger amounts on a single deal that has the potential to go wrong. You may want to wait until you have successfully spotted and stopped sizeable losses resulting in someone trying to swindle you until you move into larger, more profitable trades, that also entail a higher probability of losses.

Some have speculated you are considering using that tiny signature of yours to advertise a business while you "lean" and I would ask that you not do this. Please wait until you can discuss the subject matter with ease before you have an incentive to write more posts.
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April 13, 2019, 10:55:03 PM
 #14

If you'll just join bounty campaigns, it is not recommendable just to stay on bounty campaigns since the payment is not that stable. It'll be better for you to find a stable job. But, if you do trading I think it will be so much better than sticking to campaigns.

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April 14, 2019, 03:24:03 AM
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 #15

Real jobs come with some other advantages like health insurances, retirement fund saving and corporate discounts.
It causes lot of interaction and create social circles. I come to know about crypto by my colleagues only so I guess job is also important.

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April 14, 2019, 05:19:58 AM
 #16

Real jobs come with some other advantages like health insurances, retirement fund saving and corporate discounts.
It causes lot of interaction and create social circles. I come to know about crypto by my colleagues only so I guess job is also important.


Very good point. You have to compare your crypto-"job" with being an entrepreneur in terms of vacation, taxes and insurrances, at least here in Western Europe. So be sure to put about 50% of your income aside to pay taxes etc at the end of the year. As I said this is true for European countries, may differ in the country you live in.

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April 14, 2019, 05:54:51 AM
 #17

I'm just curious and still want to learn more about crypto not only to earn but also to share to anyone that there is another world that exists. I am working only as a crew got enough minimum wage salary. Is it right for those that feel worthless same as I am the income is insufficient in the real world to give up and focus more about crypto?
Before deciding, you must to yourself if you can survive in depending in crypto. If you're just starting, you woulsn't realize it yet. It's better not to give up your job yet unless your profit in crypto is enough so sustain your needs or even your wants in future.
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April 14, 2019, 07:09:40 AM
 #18

I'm just curious and still want to learn more about crypto not only to earn but also to share to anyone that there is another world that exists. I am working only as a crew got enough minimum wage salary. Is it right for those that feel worthless same as I am the income is insufficient in the real world to give up and focus more about crypto?
Before deciding, you must to yourself if you can survive in depending in crypto. If you're just starting, you woulsn't realize it yet. It's better not to give up your job yet unless your profit in crypto is enough so sustain your needs or even your wants in the future.
This time I'm still catching all of the important info about crypto maybe it will take longer time I'm just planning only as were to focus more as profitable. I'm still with my work and I will not give up this unless I feel confident from myself that I learned and already apply it in actual.
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April 14, 2019, 08:30:59 AM
 #19

Not only bounty campaign but also trading. Just in case if someone was really pursuing to gain more knowledge about this kind of environment. Is it enough source of income?
You haven't told us where you come from, $100 is Western Europe is not the same as $100 in a third world country.
Do you have any knowledge about trading in general? It is worth pursuing but before investing any real money you should read trading related literature and learn more than just the basics to begin with.

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Mark Anthony Castor (OP)
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April 14, 2019, 10:23:47 AM
 #20

Not only bounty campaign but also trading. Just in case if someone was really pursuing to gain more knowledge about this kind of environment. Is it enough source of income?
You haven't told us where you come from, $100 is Western Europe is not the same as $100 in a third world country.
Do you have any knowledge about trading in general? It is worth pursuing but before investing any real money you should read trading related literature and learn more than just the basics to begin with.
I'm from Philippines, I'm an average employee only enough only to sustain some daily needs. Striving to get more additional sources income. Monthly wage i got a more or less 250$ dollar. I tried before investing into trading due to lack of allowance expenses i withdraw it for about a month ago, thats why I tried here to explore to gain from others knowledge I'm a in a right path for my purpose?
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