Signature campaign earnings and monthly income.

[Rikafip]

And when I repeat this strategy, saying that now it’s not worth spending bitcoins, but it’s better to hold them, Rikafip crawls out and says that this is nonsense.

First and foremost Bitcoin is money so there is no bad time to spend it. I don't advocate to spend everything as soon as you get some (you are free to do that though, won't say anything bad about those) but there is absolutely nothing wrong in spending it when you want to buy something, especially when you can do it directly without 3rd party involved (like using crypto debit cards for example).

How the hell would we ever reach this kind of adoption if everyone had your mindset? And yes, it doesn't matter whether if its 2011, 2015 or 2022.

[Saint-loup]

I agree with Rikafip you shouldn't repeat that 3 or 4 times in a row in the beginners section IMO. "Hodling" is not the only right way to use Bitcoin, it's the only way to not use it actually. Moreover Bitcoin is a highly volatile asset, and therefore a highly risky one. Beginners should never hold Bitcoins acquired at the ATH.

Seriously? But Michael Saylor, who has more than 100,000 bitcoins, disagrees with you. He calls his company buying bitcoin a low-risk strategy.

We look at the historical chart of bitcoin.



Bitcoin has always been bullish, what risk are you talking about? Volatility in bitcoin matters only for speculators and traders, long-term investors do not pay attention to it.

And what do you conclude from this? You think Bitcoin will continue to rise indefinitely toward the sky? You don't see a curve on your graph?
How much did you earn in one year of holding precisely?
Bitcoin was worth $52k one year ago, then you've lost USD actually and even russian rubles certainly.
There is no free lunch in economy as Milton Friedman would say.

And when I repeat this strategy, saying that now it’s not worth spending bitcoins, but it’s better to hold them, Rikafip crawls out and says that this is nonsense.

But you don't need to repeat it, it won't become more true because of that  

[BlackHatCoiner]

Already, even large investors directly say that bitcoin is more than cash, it is digital property, like gold or real estate.

Oh really? What is it then if it's more than cash? What's this buzzword you speak of? “Digital property”? Gold is more than just cash, because I can make a good use of it besides exchanging stuff with it. I can create jewelry, develop electronics, I can even make teeth out of it.

When you own gold, you're storing the intrinsic value that it has once it's utilized in the future. You don't keep it only because it's satisfactory to transfer (which it isn't currently, but anyway). Bitcoin was created to serve this very purpose of exchanging stuff. When you HODL bitcoins, the only thing that you keep is space in a ledger, by the belief that one will use it as a currency in the future.

If there weren't people willing to use it as a currency, there wouldn't be a point at all.

And now bitcoin is much more profitable to accumulate, rather than spend on purchases in stores.

How's that? In 2013 it was far more volatile.

I honestly can't believe that anyone that is true bitcoiner is advocating against spending BTC, even if it was for everyday stuff.

I don't think he's against. He's just discouraged to.

[AakZaki]

offline work is a major need, a main passive income and don't be left behind. Signature work is an additional income or support for offline work. If you have a steady offline job then don't waste it. I also get passive income from the signature that I use every week, but I still do other work.

[RapTarX]

How come anyone even think of that?
1. Signature campaign is a source of income as long as theymos allows us to wear a signature. The day theymos announce stopping the advantage, you will be unemployed.
2. It's not guaranteed that there will be signature campaign available all the time. When I joined the forum, there were only a few BTC paid campaigns while these days there are a lot of campaigns.

Apart from these two, as some other said, earning $50-$100 a week isn't a big deal to leave your daily job though there are some countries where people can live their life with this amount.

[Raanaa]

In my opinion, only signature campaign is not enough for a person. It may pay weekly but wages is not much higher compared to a high salary job. Besides,

1. People want recognition
2. There is no guarantee that earnings from signature campaign will last forever.
3. People want self respect which can be found in a good job.

[Taskford]

offline work is a major need, a main passive income and don't be left behind. Signature work is an additional income or support for offline work. If you have a steady offline job then don't waste it. I also get passive income from the signature that I use every week, but I still do other work.

Exactly that's why there's no questionable things regarding on this discussion and I will never recommend anyone to quit on their job once they join on decent campaigns since they will never get any good future in this since as discussed all things in signature campaign is temporary. So its better to have multiple jobs so that we may have many income stream and this could really help us build our future.

[BlackHatCoiner]

Therefore, such phrases as digital property came from there. Bitcoin is currently trending towards accumulation.

I know where these phrases come from and I've watched Saylor talking about thermodynamics, but 'til there. He hasn't convinced anyone to use it as a currency, which is the only reason this thing exists. And I'm asking: If there isn't adoption as currency, what's the point of storing value in it?

Volatility excites only speculators.

So, more profitability equals less volatility in the long term?

[KingsDen]

All campaigns have weekly quota, so if even if you spend 10 hours per day writing posts, you are are still limited with the quota. So why not keep doing your job and in your spare time you can write couple of posts each day. Or you are telling me that writing 20-30 posts per week require so much work that you can't do anything else?

Just saying, signature earning doesn't worth quiting your job as said earlier. Unless some high paying campaigns like ChipMixer. Then, if I get into a high paying campaign, instead of trying to work on, I'll rather develop my skills and work remotely or still establish a business. I really value my time working from home.
I don't see the need of always plying the road and taking risk of road accidents everyday to go for work.

Some persons are saying that signature campaign jobs are not permanent. If I may ask, are there permanent jobs anywhere in the world? If a government worker has a

Yes there are. Come to Croatia, join one of the two ruling parties, be active there and you will get a comfy job that you will work until you retire.

That is applicable to many countries, those politicians keep recycling themselves in the office and government jobs such that they tend to return even after retirement.

It also depends on the campaign, a ChipMixer campaign promoter can decide to resign work, still will live comfortably and accomplish some projects.

It's true, amount of money that you can make in some campaigns exceeds average salary of many countries but still, one have to be a fool to rely on that as a permanent income as nothing lasts forever and older you get, harder it gets to get hired for a regular job.

Very true, the older you get, the harder it gets for you to be hired. Yet the younger you are the more 10yrs experience is required 

[noorman0]

-Has the existence of signature campaigns on this forum eliminated the need to work offline for other people? 

It is possible, what is needed is careful planning. Several reasons can make people want to quit their offline jobs.
As some of the previous members have said, you can't leave your main job at once if it's the only thing that guarantees even if the signature campaign you're joining appears to be "long-lived". But that doesn't mean your signature campaign income can't be the start of your main income. The saying goes, "don't just give people fish, teach them how to fish too". So, careful planning what I mean is, don't make your side income as a fish, but make it a fishing rod.

[7deadlyBTCIN]

There is no such thing as monthly income in bounties, many months can come and go without you earning a dime from bounties, don't treat bounties as source of income it's unreliable.

[Marvelman]

Exactly that's why there's no questionable things regarding on this discussion and I will never recommend anyone to quit on their job once they join on decent campaigns since they will never get any good future in this since as discussed all things in signature campaign is temporary. So its better to have multiple jobs so that we may have many income stream and this could really help us build our future.

The signature campaign is only temporary or there will be a specified time limit or an undetermined time. I've been following the signature campaign for about 2 years and I'm still actively paying to this day. It doesn't guarantee the future, but every payment received every week can be saved and used as an investment into some coins or some new project, so the fund will continue to grow and not just be cold money.
All need good financial management so that the future can be better even without a signature campaign.

Yes, I totally agree with you. Good financial management is always essential. It doesn't matter what we earn, as long as we're spending it wisely and are able to maintain our standard of living.

I am wondering, do you keep everything that you earn from signature campaigns in some cryptocurrency (one or more) or do you invest in new projects that are more risky? Did you make any calculations to determine which approach would be more profitable?

[Coyster]

There is no such thing as monthly income in bounties, many months can come and go without you earning a dime from bounties, don't treat bounties as source of income it's unreliable.

You are correct, but OP is not actually referring to altcoin bounties, yes many of them hardly pay their participants as they more often than not turn out to be a scam, many of their participants are also guilty of quite a lot of spam on the forum (but that is a discussion for another day). Op is talking about Bitcoin paying signatures run majorly by reputable individuals/campaign managers, and yes it usually has a fixed payment amount weekly, and other than a few times a campaign defaults, i can say they always deliver till they decide to stop running the campaign.

[Cookdata]

There is no such thing as monthly income in bounties, many months can come and go without you earning a dime from bounties, don't treat bounties as source of income it's unreliable.

The question is openly written as "signature" and not  "bounties." You're making a mockery of yourself if you rely on bounties and leave your work. Signature may even be a source of passive income for certain people, but at the end of the bounty campaigns, you will surely be chasing after the team and managers.

Yes, I totally agree with you. Good financial management is always essential. It doesn't matter what we earn, as long as we're spending it wisely and are able to maintain our standard of living.

I am wondering, do you keep everything that you earn from signature campaigns in some cryptocurrency (one or more) or do you invest in new projects that are more risky? Did you make any calculations to determine which approach would be more profitable?

Do you know how much it's to get a quality top shirt from developed countries? No signature here will maintain your feeding and life expenses no matter how hard you try to maintain your standard of living, your job should be your primary source of living if you don't want to regret any future regrets by quitting your job.
All projects are risky and prices may fall anytime but their damage is more than each other. Pick any and invest wisely.

[Shamm]

There is no such thing as monthly income in bounties, many months can come and go without you earning a dime from bounties, don't treat bounties as a source of income it's unreliable.

The question is openly written as "signature" and not  "bounties." You're making a mockery of yourself if you rely on bounties and leave your work. Signature may even be a source of passive income for certain people, but at the end of the bounty campaigns, you will surely be chasing after the team and managers.

Yes, I agree with you. Good financial management is always essential. It doesn't matter what we earn, as long as we're spending it wisely and can maintain our standard of living.

I am wondering, do you keep everything that you earn from signature campaigns in some cryptocurrency (one or more) or do you invest in new projects that are riskier? Did you make any calculations to determine which approach would be more profitable?

Do you know how much it's to get a quality top shirt from developed countries? No signature here will maintain your feeding and life expenses no matter how hard you try to maintain your standard of living, your job should be your primary source of living if you don't want to regret any future regrets by quitting your job.
All projects are risky and prices may fall anytime but their damage is more than each other. Pick any and invest wisely.

Quitting your stable job is not a good idea that mindset is very low quality. And I admit that I have that mindset too when I was a newbie and did not have enough knowledge about this. My expectations, that when I quit my job and focus on trading or let's say in the signature campaign it makes me a good life but when I search and gathered some knowledge I realize that it's better to not leave my stable job and this is my extra income now and in the future.

[Falconer]

Quitting your stable job is not a good idea that mindset is very low quality. And I admit that I have that mindset too when I was a newbie and did not have enough knowledge about this. My expectations, that when I quit my job and focus on trading or let's say in the signature campaign it makes me a good life but when I search and gathered some knowledge I realize that it's better to not leave my stable job and this is my extra income now and in the future.

I think it is still possible to leave the main job if a person has earned a steady income that is greater than the salary he earns from the main job. For example you earn $200 monthly from your main job, while you can also make $2000 monthly from other jobs like mining or other physical business, then I think it will be safe for you to quit your main job and focus on your other business. It's not a ridiculous mindset, but it's definitely not a signature campaign.

Even if I work for Chipmixer which pays $1200 per month then I will not quit my main job because I believe one day the campaign will end. Just my mind. 

[Trojane]

I have spoken on a similar thread like this before, why is the recap? Wasn't it clear enough?
Why would you quit your job in the first place? Campaigns are short lived no matter how long it has been in existence in the forum, they might decide to change thier advertising and monetisation policies; they can also decide to fold up bounties as alot have mention one above, what will an insane person that made a lame choice to quit his job just to focus on advertising do at the point?!.

[ReiMomo]

-Will you quit your job if in a month, you earn more from signature campaign than you do get from working 8am - 4pm?

-Is it okay to hinge your life on the earnings you get weekly from your signature campaigns?

-Has the existence of signature campaigns on this forum eliminated the need to work offline for other people? 

I will not so as the main income would still support to close off my debts to be frank. I believe many here would do the same. But yes I am here since 2016 and this is the best online platform I have come across to earn without much investment. A lovely platform and well designed application to handle so. The payout structure is most welcomed. Earlier, I think we had campaigns paying monthly but yes now its weekly. Hats off to Bitcoin, bitcointalk and founders of the both.

[Kwsikh]

In this sector most of the time bounty manager scam people and who joined for signature and wait for 2-3 months get nothing from this project!!  Yah sometimes it works and give good profit but it is not a stable income how you can leave happily!! You better go for other sector like trading or a stable job!

[BitKongy]

The answer is No because you won't be so lucky every time, you can promote a bounty project today and make good returns and for the next coming months you get nothing, do not leave your real life job for bounty campaigns it's not worth it.