Best way for steady income - page 26.

karmamiu

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Quote from: Glorypaasa on August 28, 2017, 06:59:59 AM

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Quote from: hajimasan on September 04, 2016, 01:12:38 AM

in my opinion to is get profit in better amount is that you should hold btc for a log amd and then sell it for your profit with increase price . in this way we can get profit with small risk .

The question is when the best time to sell , and if you have big amount in your balances , it doesn't matter as long as you can divided your balances into different source . But , hold it for the few years without spending , it's lazy way to earn for me.

Holding is not a bad way unless you have some other sources for earning as well and those ways must be increasing your held bitcoins, but if you just have some bitcoins and doing nothing but just holding them then that is really not a good decision.

Yeah and to make profits from only holding you need to wait for a long time as you never know when price will g o higher, so its good to trade with them to get regular profits and also to increase the level of coins.

But trading is also high risk until you dont have good bankroll, you can do is giving your skills for bitcoin payment and like this you will start to earning bitcoins and you can save big and even do some investment of holding them.

Holding is safe but not profitable, if can give you good profits only if price goes higher but the number of coins will be the same it will not grow by holding, even if you trade with small amount it can increase the level of your coins slowly and steadily.

Yes,holding of bitcoin is safe but I don't agree when yu said holding of bitcoin is not profitable cos holding is profitable. Are you saying some people that bought bitcoin when the incident of bitfinex happen don't make any profit now that the price of bitcoin is $625?

Holding bitcoin can give us a bigger profit and with that we will have the chance to become rich but we cannot say it as a steady income per month etc, as in some times the price of bitcoin increases in some times it drops a little and in some times it remains stable. so with holding we have to start another business also.

I agree man best way to get steady income is hold ur bitcoin for a long time or always join and signature campaign to ear a lot of bitcoin for ur future money. Or go to any faucet but its so small amount of bitcoin u can get all you need is workhard and be patience.

At some point it is true, so the main point is this, while working here in the forum and once you already earned bitcoin just hold it for good right? well this sounds also interesting but we do not know what might come unto us, keep in mind that this is not the only thing we have to focus, there are also lots of stuffs we need to do daily, and in my own experience, I have a day time job in an office, while after I got home I used to work here in the forum as my side job and earn BTC.

AngelSky

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Quote from: Collider on August 28, 2017, 09:09:44 AM

Quote from: streazight on August 28, 2017, 08:10:57 AM

Quote from: 8Habits on August 25, 2017, 10:43:27 AM

you should have other source of income and bitcoin should be a sideline or if bitcoin is your primary income, better to have other streams of income - this is also called a diversification so that when one thing is falling down, you got another thing that compensates the loses.

This is so idiotic to depend on just one source for income. Besides it is not clear that he wants to have steady income with crypto currencies, bitcoins or what. Everyone knows that digital currencies keep on fluctuating and to earn same amount every month is out of question which ultimately leaves you with just one option of day job.

Yes you can never expect steady income from digital currencies as price volatility will never help you in getting steady income from it and sometimes it will be higher and sometimes even lower depending on the price of bitcoins and if you have made an wrong investment then you also would be having a negative income and only fiat money can give you stable income which is possible by having a full time job.

Who said this. The Price of bitcoin may very.But the bitcoin from Signature Campaign is stable. Which I am saying is the stable income we can get from the bitcoin.From my experience bitcoin is the best source for the stable income.. If you do inverse in bitcoin. You no need to work. But the bitcoin will give you more .

Collider

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Quote from: streazight on August 28, 2017, 08:10:57 AM

Quote from: 8Habits on August 25, 2017, 10:43:27 AM

you should have other source of income and bitcoin should be a sideline or if bitcoin is your primary income, better to have other streams of income - this is also called a diversification so that when one thing is falling down, you got another thing that compensates the loses.

This is so idiotic to depend on just one source for income. Besides it is not clear that he wants to have steady income with crypto currencies, bitcoins or what. Everyone knows that digital currencies keep on fluctuating and to earn same amount every month is out of question which ultimately leaves you with just one option of day job.

Yes you can never expect steady income from digital currencies as price volatility will never help you in getting steady income from it and sometimes it will be higher and sometimes even lower depending on the price of bitcoins and if you have made an wrong investment then you also would be having a negative income and only fiat money can give you stable income which is possible by having a full time job.

streazight

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Quote from: 8Habits on August 25, 2017, 10:43:27 AM

you should have other source of income and bitcoin should be a sideline or if bitcoin is your primary income, better to have other streams of income - this is also called a diversification so that when one thing is falling down, you got another thing that compensates the loses.

This is so idiotic to depend on just one source for income. Besides it is not clear that he wants to have steady income with crypto currencies, bitcoins or what. Everyone knows that digital currencies keep on fluctuating and to earn same amount every month is out of question which ultimately leaves you with just one option of day job.

Batang Hambog

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Quote from: daniobg on June 12, 2016, 06:07:51 AM

Well if you have a job, make sure to invest some of the money, you get by it, at the end of the month in Bitcoin - like 5%-10% or something. I think this will be the most secure way, since you wont notice the money you are investing and you will always have some Bitcoin. Then just keep the Bitcoin and don't touch it - by a couple of years your investment may turn into "gold" Cheesy

The other thing that comes to my mind is to invest in some Proof of Stake alt coin that is promising - like for example Solarcoin, which is growing stronger and stronger everyday, and just let your wallet stake the amount and your coins will grow by a small amount everyday

My best way of steady income is to join signature campaigns. And keep on posting what the signature campaign requires so that if the checking is done i can have stakes and i can earn money when the distribution is given to us

Japinat

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Quote from: olliedickman on August 28, 2017, 06:56:26 AM

Quote from: DevilSlayer on August 28, 2017, 06:07:41 AM

Quote from: Oinas on June 12, 2016, 04:01:09 AM

Hello All,

What you think is the best investment to gain steady income in btc without actively doing anything?
So no trading/gambling/loaning etc.

Steady income more likely to be 'small & secure' than 'big & risky'.

Thanks,
BR Oinas

I think there is no job here in cryptocurrency that have steady income. Like in trading and in gambling. You can't predict if you will lose your money or you will you gain profit from it.

Gambling is not a job. You can not make money from gambling. You can only lose your money in this industry. If you want to make money, especially steady income, stay away from gambling. Trading is better and we can consider gambling as a real job.
And, I do not agree with you, there are many things you can do with cryptocurrency to get steady income. Mining is one of them. Mining can give you a passive income which is very stable

It's a hard job to get a steady income in gambling, like in sports betting a successful sports gambler only needs to hit like 70% winning rate in order to profit in the long run but still not all of them succeed. We can only prove we are good when we win in the long run and winning in the long run is not that easy as we need to manage our bankroll effectively.

Glorypaasa

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