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Author Topic: Is it possible to build a career with bitcoin?  (Read 819 times)
bluebit25
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October 26, 2023, 12:54:25 PM
 #41

Of course, the opportunity from bitcoin is unquestionable for us, but from the OP's story, I think we need to gain more knowledge to strengthen our faith in the future.
In addition, if you have a broader view of investment, it is not simply a transaction between money, because in addition we need to invest in many other things in this environment such as knowledge, time, spirit, health,... I really admire those who have earned a lot of bitcoin without having to spend money to buy it directly, there are many different ways to access the good future of bitcoin and around it.









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October 26, 2023, 01:15:26 PM
 #42

One of my older brothers bought bitcoin with that money, instead of keeping it in the bank, about 6 months ago, the price of bitcoin was 24-25k+, and he bought about 1 BTC. The price of bitcoin has increased to 34K+. In just 6 months, he has made a profit of 9k+ dollars, which would have taken more than 20 years to get from the bank. This means that bitcoin can become a millionaire if people invest in it at the right time. I also bought some bitcoins myself and did it by withdrawing money from the bank. Success is not possible if you do not take risks in life. I know how hard it is to make money and if it is to sweat your head and work day and night, then it is worth it. And we can make a lot of income by buying or trading bitcoin with the right rules. I think bitcoin is a bright future for us.

It is appropriate for you to buy Bitcoin and invest in it with your own money after your older brother has proven it with his own money by making a profit from Bitcoin in just half a year. Even though you should have done that in the past if your older brother already knew about Bitcoin and continued to take risks quite bravely by withdrawing his money from the bank which then invested it in Bitcoin, because in general he is still in the same family as you. So you should also do it before rather than after he made a profit after Bitcoin increased to 34K+. One question from me, did your older brother never tell you about Bitcoin in the past or when he started investing some money in Bitcoin?

Anyone can invest or allocate their money to bitcoin as long as they have agreed with themselves about all the risks they will experience there and also of course by using a budget from themselves, a little advice from me is that it is better for you to use your own funds to invest, don't let you use other people's funds or even borrow from the bank just to invest because of course there will be some pressure that you will feel there that requires you to always make a profit while in investment it really requires calm and there are always unexpected risks.

Yes, if only they could come earlier in bitcoin accumulation like the case of the brother and sister you discussed above, the younger brother was late and could not enjoy the benefits that his brother made in a fairly short time. Maybe one of the causes of his late arrival in this accumulation is due to a lack of communication with his brother so that he cannot get information about bitcoin itself, and yes the price has already risen and maybe his sister will be able to start when the price has corrected and he can start his investment in the next bearish phase. But I think it's never too late to start bitcoin accumulation while you or they are ready with everything including the risks that are there, it all depends on your best planning.

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October 26, 2023, 01:33:17 PM
 #43

Bitcoin is a very volatile asset and that's why investors who purchase it at the right moment make good profits from their investment. Your brother was smart enough that he bought Bitcoin for 24-25k+ range because that was a very good and profitable price mark for the investors. The new investors who aren't into Bitcoin can still purchase it without any worries because in next few months Bitcoin can reach $50k or above in value and that's why it's still a very profitable asset for the investors.

You can done a good job by withdrawing your money from bank and investing those into Bitcoin as the money won't give you any profits if it stays in a bank but when invested in a top class asset like Bitcoin then profit is a sure thing for you. I still think that it's better to learn about Bitcoin and crypto market in general before investing money into it because if you aren't aware about Bitcoin and the ways to store it privately then still you can be at risk.

Most new investors buy Bitcoin via centralized exchanges and let their Bitcoin in the custodial wallets of the exchanges but that's not the best way to store your Bitcoin. A well-versed Bitconer would never put his/her Bitcoin into the custodial wallets of the centralized exchanges because those exchanges can be hacked or they can steal your coins themselves and then make excuses like they have been hacked or something else.

You need to learn about personal Bitcoin wallets like Electrum and once you learn about it then withdraw your Bitcoin from exchange's custodial wallet to your own personal wallet. That way you will be the owner of the Bitcoin that you bought not the centralized exchanges. I hope you will try to learn more about Bitcoin and I can assure you that you'll find all information about Bitcoin and its wallets from this forum.

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October 26, 2023, 01:43:44 PM
 #44

Investing in Bitcoin can be a lucrative opportunity for those with the patience and knowledge to navigate the market. However, it's important to approach it constructively and with a well-thought-out plan. While the profit potential is high, it's essential to remember that the market can be volatile and unpredictable. That's why it's crucial to have a balanced approach and to ensure that you have a sufficient safety net to cover your financial needs in case the market doesn't go as expected.
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October 26, 2023, 01:54:36 PM
 #45

If you are in a country that has legalized bitcoin as a means of payment, then it is very possible for you to adopt bitcoin as a means of payment for whatever business you want to develop.

I was thinking something similar, I mean bitcoin can certainly be used to support someone to gain profits through various means including trading, investing, adopting it as a means of payment or others. Building a career with bitcoin is of course possible, you can even build a centralized exchange if you have enough budget to do so. With bitcoin you can make profits, as well as losses. You should be careful when starting out and consider all the risks involved.

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October 26, 2023, 01:59:25 PM
 #46

One of my older brothers bought bitcoin with that money, instead of keeping it in the bank, about 6 months ago, the price of bitcoin was 24-25k+, and he bought about 1 BTC. The price of bitcoin has increased to 34K+. In just 6 months, he has made a profit of 9k+ dollars, which would have taken more than 20 years to get from the bank. This means that bitcoin can become a millionaire if people invest in it at the right time. I also bought some bitcoins myself and did it by withdrawing money from the bank. Success is not possible if you do not take risks in life. I know how hard it is to make money and if it is to sweat your head and work day and night, then it is worth it. And we can make a lot of income by buying or trading bitcoin with the right rules. I think bitcoin is a bright future for us.




Let's make it clear first: when it comes to investment, you can make a profit or lose money. Since bitcoin is a volatile asset, that means it still has risk. He is a good investment if you are a long-term holder. But if you are a short-term holder of Bitcoin, its risk is quite close, for sure.

Then you will get really rich in Bitcoin if you hold more than 1 or more bitcoins in the long term. So it means that even if your brother has 1 bitcoin holding, when it reaches 100k, he will have 100k dollars, and he will have x4 of his profit as long as he does not let the value of bitcoin fall again or he will have a target price when it is sold.

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October 26, 2023, 02:00:42 PM
 #47

One of my older brothers bought bitcoin with that money, instead of keeping it in the bank, about 6 months ago, the price of bitcoin was 24-25k+, and he bought about 1 BTC. The price of bitcoin has increased to 34K+. In just 6 months, he has made a profit of 9k+ dollars, which would have taken more than 20 years to get from the bank. This means that bitcoin can become a millionaire if people invest in it at the right time. I also bought some bitcoins myself and did it by withdrawing money from the bank. Success is not possible if you do not take risks in life. I know how hard it is to make money and if it is to sweat your head and work day and night, then it is worth it. And we can make a lot of income by buying or trading bitcoin with the right rules. I think bitcoin is a bright future for us.




I wouldn’t call Bitcoin a “career” though, but a gateway to multiple opportunities in this space if you know how to think outside of the box.

When Bitcoin touched down $10k for the first time, it was when I started to explore ways how to make a living with it. Although there’s no way that I can call Bitcoin a career, but it is one of the main reasons of who I am today.

As I got here for the first time and just learning, one of my so-called “mentors” of network marketing is strongly against it and told me not to fall into this “scam”. I understand that he is misinformed or not educated about Bitcoin.

As I have failed miserably in the network marketing industry and trying to pursue Bitcoin and the crypto world, it was the turning point of my life. Despite losing a lot of friends and colleagues due to calling me a “Bitcoin scammer” despite not scamming anyone in my life, a new door opens and I have never regretted my decision and it saved me from financial disaster.

Bitcoin lead me to multiple career opportunities ever since I began exploring this industry. I’ve had at least working in multiple projects where I am more specialized into content creation, marketing, event organizing, advisor, ambassador, KOL, etc. It gave me the opportunity to expand my skills and strengthening my portfolio.

I don’t know where would I be without getting in to Bitcoin. I missed the early boat last 2014 due to misunderstanding and misinformed, and 2017 is where I am finally enlightened. Thanks to Bitcoin, I can’t see myself leaving the crypto and Web3 industry.

Pla
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October 26, 2023, 02:04:34 PM
 #48

One of my older brothers bought bitcoin with that money, instead of keeping it in the bank, about 6 months ago, the price of bitcoin was 24-25k+, and he bought about 1 BTC. The price of bitcoin has increased to 34K+. In just 6 months, he has made a profit of 9k+ dollars, which would have taken more than 20 years to get from the bank.
And same way your brother have just made an extra profit of $9k of his investment into Bitcoin, so has anybody living in Nigeria who might have bought 1 Bitcoin or any fraction of it that same 6 months ago have made 110% profit of whatever amount they may have invested into Bitcoin, reason been due to the constant devaluation of our Nigerian Naira currency to dollar for the past 4months now, and other economical challenges which may have contributed making it's value skyrocketed this much, as you can see both prices of Bitcoin in Naira in the image below. Hence, making it the ever best method for one to avoid inflation.



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October 26, 2023, 02:34:14 PM
 #49

That's  a massive return in 6 months and I'm really glad for him and as well as you but it seems you're focus more on the profit bjt I'm sure you already know that, there is nothing guaranteed or certain in the cyptocurrency industry and as such you should know that there are also losses that banks might not offer but nevertheless we're not really comparing banks and cryptocurrency.
I've always wished to own one Bitcoin because that is one of the safest way to stay in the industry because in as much as the price of Bitcoin doesn't drop to zero, you'll always in market regardless of the swings but I will advice that your friend shouldn't relent on buying if he still wants more of that profit.

R


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October 26, 2023, 02:52:47 PM
 #50

One of my older brothers bought bitcoin with that money, instead of keeping it in the bank, about 6 months ago, the price of bitcoin was 24-25k+, and he bought about 1 BTC. The price of bitcoin has increased to 34K+. In just 6 months, he has made a profit of 9k+ dollars, which would have taken more than 20 years to get from the bank. This means that bitcoin can become a millionaire if people invest in it at the right time. I also bought some bitcoins myself and did it by withdrawing money from the bank. Success is not possible if you do not take risks in life. I know how hard it is to make money and if it is to sweat your head and work day and night, then it is worth it. And we can make a lot of income by buying or trading bitcoin with the right rules. I think bitcoin is a bright future for us.


The past profits do not guarantee any future profit. So never make a career by holding bitcoin. Work for company or start a business which will give you acess to money. Never rely completely on Bitcoin unless you are trading at a professional level with all tools and financial support.

Career is something else. It cannot be built by holding cryptos. Come out of the daydream and start working so that you don't have to regret later in life.
Bitcoin as a career will never be a wise and sustainable decision. Profitability is not fixed and certain, but if you hold bitcoin for long term with an indefinite target to sell, maybe you can reap massive profits which you can use to build a sustainable business that will provide food on the table and improve your way of living. That way, bitcoin could be a tool to build your business career which if properly managed, it will continue to grow and flourish and even develop an additional branch.

But things aren’t as easy as that. Bitcoin as an investment has also its own risk. If you can’t manage well the risk and end up panicking with sudden market crash, then you will never be good enough for bitcoin regardless if you use it for investment or trading.
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October 26, 2023, 02:57:46 PM
 #51

One of my older brothers bought bitcoin with that money, instead of keeping it in the bank, about 6 months ago, the price of bitcoin was 24-25k+, and he bought about 1 BTC. The price of bitcoin has increased to 34K+. In just 6 months, he has made a profit of 9k+ dollars, which would have taken more than 20 years to get from the bank. This means that bitcoin can become a millionaire if people invest in it at the right time. I also bought some bitcoins myself and did it by withdrawing money from the bank. Success is not possible if you do not take risks in life. I know how hard it is to make money and if it is to sweat your head and work day and night, then it is worth it. And we can make a lot of income by buying or trading bitcoin with the right rules. I think bitcoin is a bright future for us.

Your statement doesn’t even related to your title. There’s a lot of career available on Bitcoin since there’s a lot of development happening on Bitcoin. There’s also many companies now that focus on crypto which hires a lot of employees.

I’m not sure what career you are talking but Bitcoin is indeed very profitable if you buy at the right time or even buy at wrong price but you have patience to wait until it pump because it always pump which you can’t do when your funds is on the bank.  Your brother is probably having the time of his life due to short term huge gains.

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October 26, 2023, 03:22:18 PM
 #52

Bitcoin investment is profitable when you study the chart of bitcoin and understand the movement of the candle sticks, some of the investors doesn't care to know the next of bitcoin price before they invest their huge amount of money, but one thing is that if you are determine you will make a profit in bitcoin investment.

But it's quite understanding that is not everyone who invest in bitcoin that makes profit, some people doesn't make profit they don't target time to invest especially the novice or newbie in bitcoin investment, their is alot of risk which is involve in bitcoin and which can turn a newly investors off when the loss through a bitcoin investment mostly for the first investment of Bitcoin.

Your brother invested 1 bitcoin during the time bitcoin was at twenty four thousand [24k] and is not up to six months bitcoin price accelerate from twenty four thousand and twenty five thousand to thirty four thousand [24k-25k] to [34k] and he made of nine thousand [9k] as profit within the range of six months interval.

Actually their is a massive profit in bitcoin investment depends on the amount used for the investment, and it's obvious that the more you invest a huge amount and if the price of bitcoin clamp up so shall you make a reasonable profit,  but the loss is as similar as the profit if I'm not mistaken, what your brother did for the investment is a risk, because their is every tendency that bitcoin price can fall at any point in time and what might result as the decrease in price might be a minor information and it will trigger decrease of the market of bitcoin.

Everything concerning bitcoin investment is luck and from my perspective it's unpredictable and you can the predictions can not be accurate, a profit in bitcoin investment is base on luck and also your ability to understand and interpret the movement of candle sticks in the chart.

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October 26, 2023, 03:34:58 PM
 #53

Whether someone can become a millionaire by investing in Bitcoin depends very strongly on how wealthy a person is, unless we count the really early years. Op mentioned a brother who bought Bitcoin at $25k, but tons of people don't having anything close to that money to put into Bitcoin. Also, Bitcoin would need to grow 40x for this particular person to become a millionaire, and I think it's not realistic, at least not in any near future. Bitcoin does tend to grow over time, but not as much, not anymore. Also, one can easily invest at a wrong time and then wait for years, being at a loss, so Bitcoin isn't really a stable source of income on its own.

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October 26, 2023, 03:48:39 PM
 #54

Re: Is it possible to build a career with bitcoin?
If Bitcoin is used as an investment asset, its potential will indeed be very large. Because bitcoin is an investment asset that has a fairly clear cycle. So by having sufficient knowledge and sufficient (large) capital, the possibility of making a profit will potentially be greater. So if Bitcoin is used as a career in terms of investment, it would be very good.

Success is not possible if you do not take risks in life.
You're right bro. When making changes in life, especially if you want to achieve success, sometimes taking risks is always necessary. Likewise, when you want to start investing in Bitcoin, there will always be risks and you must be brave enough to take these risks. But even though you have to take risks, that doesn't mean you have to be careless and push yourself too hard. Because even though he dares to take risks, he is very reckless (not calculated). In the end, there is definitely a possibility that it will not end well. For example, when investing in bitcoin. Don't invest using hot money such as borrowing or using money for daily needs, because this is very risky. Next, don't invest if your knowledge is not optimal, because this will also be very risky. So, these two risks are best avoided and should not be taken. Because this is a risk that tends to result from carelessness.

So what is meant by taking risks, especially in investing in Bitcoin, is when all aspects such as knowledge and capital have been well prepared. However, for example, bitcoin experiences a very large price decline and results in losses. In my personal opinion, that is what is meant by risk.

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October 26, 2023, 03:56:16 PM
 #55

One of my older brothers bought bitcoin with that money, instead of keeping it in the bank, about 6 months ago, the price of bitcoin was 24-25k+, and he bought about 1 BTC. The price of bitcoin has increased to 34K+. In just 6 months, he has made a profit of 9k+ dollars, which would have taken more than 20 years to get from the bank. This means that Bitcoin can become a millionaire if people invest in it at the right time. I also bought some bitcoins myself and did it by withdrawing money from the bank. Success is not possible if you do not take risks in life. I know how hard it is to make money and if it is to sweat your head and work day and night, then it is worth it. And we can make a lot of income by buying or trading bitcoin with the right rules. I think bitcoin is a bright future for us.
It's great to see another person who is coming and confirming the benefit taken from the Bitcoin system. A lot of people are still confused about Bitcoin and they think if they invest in it they will lose money. Actually these type of persons are going away from the risk, they does not have the  guts and potential to do that and they blame Bitcoin for it. Bitcoin is not a scam it's a truly pure currency but the people who are using it for illegal purposes are the devils.
Well, investment always gives you benefits if you choose the right time for investment and withdrawal. A real successful person knows how and when to enter and when to leave and this is an art and your brother knows it well, that's why he instead of leaving it in the bank prefers to invest in Bitcoins and of course its fruit of taking the risk. However, it also depends on luck , the story doesn't mean to invest your whole money in Bitcoin maybe his brother is an expert in it and you will lose because you don't know things well.
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October 26, 2023, 04:10:30 PM
 #56

This means that bitcoin can become a millionaire if people invest in it at the right time. I also bought some bitcoins myself and did it by withdrawing money from the bank.
Good amount of money can be made from bitcoin only if people can hodl till the bull season, but it is very difficult for some investors to hodl bitcoin because they are just interested in making money so fast. Hodling is the only way that profit can be made from bitcoin but some people have the mentality bitcoin can just be a system where money can be generated in a short time.  It is very possible to build a better profitable investment from bitcoin if only one is able to understand bitcoin that good profit can only be gained if hodling is applied.
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October 26, 2023, 04:19:40 PM
 #57

One of my older brothers bought bitcoin with that money, instead of keeping it in the bank, about 6 months ago, the price of bitcoin was 24-25k+, and he bought about 1 BTC. The price of bitcoin has increased to 34K+. In just 6 months, he has made a profit of 9k+ dollars, which would have taken more than 20 years to get from the bank. This means that bitcoin can become a millionaire if people invest in it at the right time. I also bought some bitcoins myself and did it by withdrawing money from the bank. Success is not possible if you do not take risks in life. I know how hard it is to make money and if it is to sweat your head and work day and night, then it is worth it. And we can make a lot of income by buying or trading bitcoin with the right rules. I think bitcoin is a bright future for us.


This mostly depends upon luck and I can say also it depends on the market conditions sometimes and the entry taking time. As I can tell you a story here, there was one of my relatives who had invested in a company there and he was going to make his referral through which he was going to earn a lot. Time has been passed and he invited his brother to invest in that when he started to sell his home and other things and then he invested in that, Within one month the company went and his brother was at a loss and not only a loss that was a big loss for him.

So, in crypto sometimes we have to face these things for which our luck depends mostly and also the strategies we are going to apply in certain conditions as well. We should be ready at any instant for any situation that is coming. BTW good luck to your brother but think a lot before taking any steps in crypto.

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October 26, 2023, 04:26:24 PM
 #58

One of my older brothers bought bitcoin with that money, instead of keeping it in the bank, about 6 months ago, the price of bitcoin was 24-25k+, and he bought about 1 BTC. The price of bitcoin has increased to 34K+. In just 6 months, he has made a profit of 9k+ dollars, which would have taken more than 20 years to get from the bank. This means that bitcoin can become a millionaire if people invest in it at the right time. I also bought some bitcoins myself and did it by withdrawing money from the bank. Success is not possible if you do not take risks in life. I know how hard it is to make money and if it is to sweat your head and work day and night, then it is worth it. And we can make a lot of income by buying or trading bitcoin with the right rules. I think bitcoin is a bright future for us.
Yes, building a career in the investment world is not easy, we must have sufficient knowledge to start it. With the rapid development of technology, many people are starting to open their minds to generating or creating other sources of income through investment.

It doesn't depend on salary income every month, in the world of investments such as shares, gold, property, crypto, there are different risks. There are many benefits to building a career in investment,
- prepare the needs for a bright future
- investment can also fight cruel inflation
- achieve financial freedom.

Congratulations to your brother for being able to get a profit from investing, it's much better to save for a long time and you will get extraordinary profits. This asset is truly extraordinary, many billionaires out there really believe in this asset.



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October 26, 2023, 04:26:51 PM
 #59

I know how hard it is to make money and if it is to sweat your head and work day and night, then it is worth it. And we can make a lot of income by buying or trading bitcoin with the right rules. I think bitcoin is a bright future for us.
A good trade indeed, if that has happened in real and they have not wasted the money on hookers or anything like that.

I know the Bangaldeshi users are having a notion that bitcoin and earning them through campaigns is like a job and so is trading for them. please exercise caution here, this forum is not a permanent thing, who knows what might happen in future and so is trading. Always try to get yourself a job or take over your ancestors business in order to start a stable line of income and then keep crypto as a side hustle not the main.

You can build a career from this, but it depends on how you define that career.

R


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October 26, 2023, 04:30:49 PM
 #60

One of my older brothers bought bitcoin with that money, instead of keeping it in the bank, about 6 months ago, the price of bitcoin was 24-25k+, and he bought about 1 BTC. The price of bitcoin has increased to 34K+. In just 6 months, he has made a profit of 9k+ dollars, which would have taken more than 20 years to get from the bank. This means that bitcoin can become a millionaire if people invest in it at the right time. I also bought some bitcoins myself and did it by withdrawing money from the bank. Success is not possible if you do not take risks in life. I know how hard it is to make money and if it is to sweat your head and work day and night, then it is worth it. And we can make a lot of income by buying or trading bitcoin with the right rules. I think bitcoin is a bright future for us.

Of course, bitcoin is an asset worth owning because of its high value and history always proves that the price of bitcoin moves up consistently. However, you need to consider the risks, maybe you will be lucky if it doesn't take a long time to get quite a lot of profit from Bitcoin. However, it's a different story if you buy bitcoin when the price is very high, for example $60k, then it will take you longer for the bitcoin price to return to $60k. I'm sure bitcoin will pass that price but it will take longer

Even if you are currently making a profit from bitcoin, I recommend that you do not put all your money into bitcoin. You need to save for emergencies so that if there is an urgent need you don't have to sell your bitcoins so you can sell your bitcoins at a higher price.
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