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Topic: Bitcoin as a source of income? - page 15. (Read 96217 times)

full member
Activity: 882
Merit: 104
June 28, 2017, 06:12:45 PM
If you have a work i think you must stay at your work and make extra income the bitcoin.Sometimes bitcoin not easy to get or to earn.
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
June 28, 2017, 05:42:02 PM
I forget what it is called, but a few years back, I heard of a company on the "Let's Talk Bitcoin" podcast that was talking about being like an ADP or payroll processor that helped companies do payroll in bitcoin.

I don't know if it's still around or if it ever got off the ground in a big fashion, but I do know that the overall plan was to bring bitcoin to the masses by helping corporations pay employees in bitcoin instead of dollars.   Anyone who started doing that back then has more than tripled their savings if they actually did it.
hero member
Activity: 1148
Merit: 504
June 28, 2017, 05:25:23 PM
I dont think leaving job because working with bitcoin is not stable. What if suddenly the business starts to fall? Wink
Nobody tells you to go and get out of your main job and choose bitcoin as the main job. I also will not do that because it would be very risky. It would be better if you use bitcoin as your side job. It's better and not at high risk

hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
June 28, 2017, 05:01:39 PM
Everyone saying its not Primary source of Income , What about the great LEaders who already earn from bitcoins Just by Storing funds for years IF the person Bought in past 2011 and sell now see the price difference , same as IF we use Bitcoins as trading business for full time just as share markets jobs then we can grab something big after a long time.
Bitcoins Can be generated from mining work with Large Initial investment and let run machine 24*7 Days
You just Create Automatic Bitcoin Website where you sell digital products and Earn for Life
You sell your articles and your skills here , as Bitcoins is Common in International  it can be converted in any currency after exchange
Even a newbie can earn in Bitcoins If you have a skill


Bitcoin can be your primary form of income but it not easy, for those that invested in bitcoin in 2011 and still hold to this day there is no doubt they are millionaires or close to it, but you needed to be on top of things in order to try to take advantage of an opportunity like that, and mining is a very expensive way to try to make bitcoin since the amount of money you are going to need to invest is simply huge and it is not within the reach of your average person.
MMA
legendary
Activity: 1134
Merit: 1000
June 28, 2017, 12:27:08 PM
Relying on bitcoin is just another way of getting a source of income..  I belive on that but i didnt try yet because i am just a newbie one..
Yes. Because i treat bitcoin as a source of income too. I believe in it. Many people nowadays finds a way on how they will earn more money because their salary is not enough. They i am one or them seeking an extra source of income and then I found this. And i think it helps a lot and im proud of it.
to me i think most of the people currently using bitcoin as an important source of income. bitcoin is providing a good opportunity to the people for good income that we cannot even imagine from gold or any other income source. although some people are using it for shopping in their local shops but currently with the little number of bitcoin users it will some more time when these facilities will be available everywhere in the world.
sr. member
Activity: 979
Merit: 258
June 28, 2017, 10:58:56 AM
Relying on bitcoin is just another way of getting a source of income..  I belive on that but i didnt try yet because i am just a newbie one..
Yes. Because i treat bitcoin as a source of income too. I believe in it. Many people nowadays finds a way on how they will earn more money because their salary is not enough. They i am one or them seeking an extra source of income and then I found this. And i think it helps a lot and im proud of it.
sr. member
Activity: 357
Merit: 260
June 28, 2017, 10:50:25 AM
Today many people rely on bitcoin, in the sense that they are now focusing on the world of cryptocurrency, leaving their jobs

Is there something like this, is there any special tips because I want to focus but not yet dare?


Bitcoin is being popular now and this is the reason why those people interested in bitcoin. They are choosing to prefer to focus in bitcoin. People were curious about what Bitcoin is all about. Some of those people leaving their job because they were not satisfied with their work. For me, if you are planning to work with this type of cryptocurrency, you don't need a hard work for it just an extra effort for you to earn bitcoin. Don't quit your current job instead, make this as a part-time job. Just think that you have an extra source of income.
newbie
Activity: 110
Merit: 0
June 28, 2017, 09:46:05 AM
Relying on bitcoin is just another way of getting a source of income..  I belive on that but i didnt try yet because i am just a newbie one..
member
Activity: 83
Merit: 10
Be a part of the revolution
June 28, 2017, 09:19:37 AM
I don't think there are those many people who suddenly leave their jobs to solely concentrate on Bitcoin. They might turn to it when out of a job and struggling to find a suitable, stable one that earns them a decent salary.

Of course it depends on where you live but the in current economy it's quite hard to have a good, well paying job so if you happen to have one, stick to it. You can still concentrate on Bitcoin in your spare time. It's never so immediate to start something and be profitable right away. Usually it requires a lot of work and time before you can break even. Once you're up and running and making more from this than your current job, that's when you can resign.

Besides, it's better to have a steady source of income that you can invest and that could later become a source of passive income.


When you go to telegram or in Slack, you will see how many people from first world country that do trading full time. They think that trading is much better than having a day job because you get to stay in your house and you have the time for yourself. I think so too. These people didn't wake up one day and decided they are going to trade. They have been trading already when they still have day jobs and just decided that they are good enough to trade for a living.

There's a transition going on. First, day job 100%. Then trading comes in. You trade whenever at your spare time. Then at one point you're doing well with trading that you just find that you're wasting time with your day job or that your day job is getting of the way. You then do trading 100%.

Personally, I wouldn't be so surprised if somebody here claim that he's been trading for a long time and he doesn't have any day job even when he live in a really good economy.


 I do believe having a multiple line of income is reassuring, as grand as the prospect of bitcoin is, it still has its risk plus our regular job provides stability. I would rather do bitcoin as alternative bank roller,  just as stated  in the  numerous previous post, there would be a transition from your day job to working bitcoin fully. And again you have the folks who are without regular jobs to start with or low paying jobs or underpaid jobs who have the luxury of time in their hands yeah bitcoin would be a way to go if they can get started.
legendary
Activity: 3374
Merit: 1824
June 28, 2017, 09:05:09 AM
If you buy bitcoin, it's investment for you, not income.
Only if you earn your btc funds through some concrete work, like programming, online marketing etc. or with signature campaign on this forum, you can say that bitcoin is source of income for you.
Of course, such income for the most people is not enough yet to leave their current job, for example, but still it's nice to have additional income every month Smiley
sr. member
Activity: 2184
Merit: 251
SOL.BIOKRIPT.COM
June 28, 2017, 08:57:55 AM

The two best ways for me right now are ICO bounty campaigns and SteemIt. You can keep the crypto or exchange them for Bitcoin.
That's awesome, ICO bounty campaigns were a good way to make a better earning. In terms of other assets which is convertible, but with signature campaign you get paid in terms of bitcoin which is the only difference. In my view however you make money through bitcoin never let your day job down and go behind bitcoin. Plan in a better way and spend time earning bitcoins.


Actually I was thinking about this, with my Bitcoin mining, ICO participation and SteemIt my earnings keep growing and snowballing but I don't think I will ever quit my job. For one reason is I like having my job to buy more Bitcoin and another reason is all of these things don't even take up much time and is for fun too. So even if I made so much money I don't think I would quit my job but your point is valid, don't quit your day job because you start making money with Bitcoin.

No one guaranteed you that you earn from bitcoin everyday and earning through bitcoin itself didn't have stable income unlike your job which gave you monthly income and always increasing along with your experience you got everyday. Give max efforts to your job and bitcoin will make your monthly income more perfect but doing it as your daily activities will kill your brain tho. 
hero member
Activity: 887
Merit: 516
Bitcoin OG
June 28, 2017, 08:49:23 AM

The two best ways for me right now are ICO bounty campaigns and SteemIt. You can keep the crypto or exchange them for Bitcoin.
That's awesome, ICO bounty campaigns were a good way to make a better earning. In terms of other assets which is convertible, but with signature campaign you get paid in terms of bitcoin which is the only difference. In my view however you make money through bitcoin never let your day job down and go behind bitcoin. Plan in a better way and spend time earning bitcoins.


Actually I was thinking about this, with my Bitcoin mining, ICO participation and SteemIt my earnings keep growing and snowballing but I don't think I will ever quit my job. For one reason is I like having my job to buy more Bitcoin and another reason is all of these things don't even take up much time and is for fun too. So even if I made so much money I don't think I would quit my job but your point is valid, don't quit your day job because you start making money with Bitcoin.
hero member
Activity: 713
Merit: 501
June 28, 2017, 08:43:28 AM
I don't think there are those many people who suddenly leave their jobs to solely concentrate on Bitcoin. They might turn to it when out of a job and struggling to find a suitable, stable one that earns them a decent salary.

Of course it depends on where you live but the in current economy it's quite hard to have a good, well paying job so if you happen to have one, stick to it. You can still concentrate on Bitcoin in your spare time. It's never so immediate to start something and be profitable right away. Usually it requires a lot of work and time before you can break even. Once you're up and running and making more from this than your current job, that's when you can resign.

Besides, it's better to have a steady source of income that you can invest and that could later become a source of passive income.


When you go to telegram or in Slack, you will see how many people from first world country that do trading full time. They think that trading is much better than having a day job because you get to stay in your house and you have the time for yourself. I think so too. These people didn't wake up one day and decided they are going to trade. They have been trading already when they still have day jobs and just decided that they are good enough to trade for a living.

There's a transition going on. First, day job 100%. Then trading comes in. You trade whenever at your spare time. Then at one point you're doing well with trading that you just find that you're wasting time with your day job or that your day job is getting of the way. You then do trading 100%.

Personally, I wouldn't be so surprised if somebody here claim that he's been trading for a long time and he doesn't have any day job even when he live in a really good economy.
legendary
Activity: 2646
Merit: 1106
DGbet.fun - Crypto Sportsbook
June 28, 2017, 08:40:14 AM

The two best ways for me right now are ICO bounty campaigns and SteemIt. You can keep the crypto or exchange them for Bitcoin.
That's awesome, ICO bounty campaigns were a good way to make a better earning. In terms of other assets which is convertible, but with signature campaign you get paid in terms of bitcoin which is the only difference. In my view however you make money through bitcoin never let your day job down and go behind bitcoin. Plan in a better way and spend time earning bitcoins.
hero member
Activity: 887
Merit: 516
Bitcoin OG
June 28, 2017, 08:36:33 AM

The two best ways for me right now are ICO bounty campaigns and SteemIt. You can keep the crypto or exchange them for Bitcoin.
newbie
Activity: 14
Merit: 0
June 28, 2017, 08:26:36 AM
I don't think there are those many people who suddenly leave their jobs to solely concentrate on Bitcoin. They might turn to it when out of a job and struggling to find a suitable, stable one that earns them a decent salary.

Of course it depends on where you live but the in current economy it's quite hard to have a good, well paying job so if you happen to have one, stick to it. You can still concentrate on Bitcoin in your spare time. It's never so immediate to start something and be profitable right away. Usually it requires a lot of work and time before you can break even. Once you're up and running and making more from this than your current job, that's when you can resign.

Besides, it's better to have a steady source of income that you can invest and that could later become a source of passive income.


Frankly for me personally, still very confused to decide to stop working and choose focus on bitcoin, while I can still do things in bitcoin in my spare time, but if it is done then I guess it will not focus and the results obtained also not maximal



Yes, I think that is the dilemma for a lot of people. It works for some but not for others and it depends on their personal situation and expenses. I think it's always good to have a steady income until one starts making significantly more with Bitcoin. That is the moment when one can confidently say goodbye to their job!
hero member
Activity: 994
Merit: 544
June 28, 2017, 06:42:31 AM
I dont think leaving job because working with bitcoin is not stable. What if suddenly the business starts to fall? Wink

Yes of course unless you are still a minor not yet employed it is okay to earn through bitcoin.  But to leave a job because of bitcoin, I do not think so.  It is still good to have a job and at the same time to have a sideline job.  We do not know what will happen in the future so maybe as long as bitcoin is here and capable of giving us opportunities we have to grab it.
sr. member
Activity: 406
Merit: 255
June 28, 2017, 06:38:22 AM
Today many people rely on bitcoin, in the sense that they are now focusing on the world of cryptocurrency, leaving their jobs

Is there something like this, is there any special tips because i want to focus but not yet dare?



Bitcoin is part of my income stream. While people are still concentrating on their main work I still spend some time with Bitcoin. I think that is necessary and it will help me become richer in the future
Not refers to currency as a source of wealth. It is only the monetary expression of your work. You will never be rich just for the increase in the price of BTC. Rich you can only do the work, and what will be your profit in Fiat or crypto it doesn't matter.
newbie
Activity: 16
Merit: 0
June 28, 2017, 06:32:54 AM
Today many people rely on bitcoin, in the sense that they are now focusing on the world of cryptocurrency, leaving their jobs

Is there something like this, is there any special tips because i want to focus but not yet dare?



Bitcoin is part of my income stream. While people are still concentrating on their main work I still spend some time with Bitcoin. I think that is necessary and it will help me become richer in the future
hero member
Activity: 1806
Merit: 672
June 28, 2017, 05:33:38 AM
Trading can be a good source of income if you have enough capital on hand to start trading. If you don't have it, better stay with your day job and start saving for your capital in trading. However, trading is not for everyone, if you tend to panic, if you don't have patience and you are not quite good with analysis and some research then stay with your day job.
Yup I agree with nydiacaskey01 as a big capital right now is needed in order to have a chance to earn a significant amount. Because if you don't have that much capital even if Bitcoin or any other cryptocurrency grew 20% or greater it would not matter if you only invested a few bucks because it will only translate into a small gain. Bitcoin's price right now is So Big that if you are not a big investor what you can do is save and continue to accumulate to have a bigger chance of earning significantly.
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