Bitcoin as a source of income? - page 23.

jc89

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Quote from: RENATA612 on May 03, 2017, 10:01:51 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?

Cryptocurrency, specifically Bitcoin, has gained so much attraction nowadays and some eventually leaned on it for income. However, full dependency on cryptocurrency for income is somewhat unwise. Cryptocurrencies are so volatile, unstable and very uncertain. Leaving your job just to be a full-time trader, investor, or whatever job that relies on cryptocurrencies is not advisable. It is much safer to keep your job and treat earnings in cryptocurrencies as alternative or extras.

Tipsters

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I do think bitcoin as a source of income. Because even though i have my stable job, i still go here to earn quite profit in services campaign like signature and social media campaign. For me this is a sideline to earn while being productive in daily life, and if given the chance of saving profit i sometimes do trading to get more profit. Thus i can say that bitcoin is really a good source of income

frassyuga

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Bitcoin provides different types of opportunity of earning money. you can trade, investment or lending, some are doing bitcoin mining so it has been proven as a income source Grin

indocafe

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Quote from: pecson134 on May 03, 2017, 10:49:37 AM

Yes it does become a source of income but not to the extent that I will stop working. Working is still better because it is a stable source compared to bitcoins which is unpredictable not that reliable source. For me it serves as an additional way to earn money so I can spend them on something I want without touching the money I earned at my work. Unless someone is well informed and equipped with experience on bitcoins then it is possible.

Agree with me gan, do not stop working even though we already get extra from bitcoin because it is more important we work as usual, bitcoin only source of income or source of income just for everyday needs that we need.

duyduc256

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Quote from: cassface on June 18, 2017, 10:02:16 AM

Advisable you keep the job while knowing more about bitcoin or you might get broke with just focusing on one. Better have something to where you could fall in times of chaos.

Working with bitcoin is not stable. What if suddenly the business starts to fall.

I do not think so . I consider Bitcoin a major and stable job. I'm trading some Crytocurrency and have a lot of useful things. Currently, I can feed my entire family by this job

cassface

newbie

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Advisable you keep the job while knowing more about bitcoin or you might get broke with just focusing on one. Better have something to where you could fall in times of chaos.

Working with bitcoin is not stable. What if suddenly the business starts to fall.

MWesterweele

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Quote from: ?? on ??

Bitcoin is my side income for now, but the good thing about bitcoin, is to beat my main salary.. Grin

Yes im usin bitcoin too , to provide my daily needs of my family ang also mine. Its a big help for me since i have been started bitcoin in my life. My salary still doesnt be enough due to high price of the goods now. Bitcoin is my source now.

prass tyo

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Quote from: RENATA612 on May 03, 2017, 10:01:51 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?

If that's what you think is best for your future why do not you take it from now, but remember try to compare the earnings you get from bitcoin and real work, if the result is bigger than bitcoin then you better slowly try to just take off your real work

niisarearning

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Quote from: ?? on ??

Quote from: Seeker01 on June 17, 2017, 08:57:27 AM

Quote from: curry101 on June 17, 2017, 03:29:37 AM

Bitcoin will only be a part time job for me. You must still have stable job outside bitcoin world once bitcoin is no longer used by people,

This is true its good to have an active income and also passive income. Bitcoin is my great source of income aside from my work, it allows me to earn profit while im busy on my work. i do trading and joining signature campaign that is my source of btc and now i rely on bitcoin for my weekly expenses.

yes exactly the same stated comment i follow its my passive income .I do have stable income and also bitcoin earning and trading both i do for getting some passive income earning by both ways like signature campaign and faucets.

basyang

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In my opinion, it depends to people if he rely in bitcoin or not. But now, I think not all people rely on bitcoin and leave their job and focus here. Bitcoin is not sure income because you need to wait a couple of months to get paid unlike when you are employed it is sure that every month you will be paid.
However, while you have your full time job, bitcoin can be a part time job too especially to those people who wants to earn extra money like students because it is capable in their time and it can also do at home or in their free time.

ocid

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Quote from: ?? on ??

Bitcoin is my side income for now, but the good thing about bitcoin, is to beat my main salary.. Grin

Yes i also experienced the same bitcoin currently being my extra income even bitcoin was able to beat the wages of my permanent job so i kept focus on getting bitcoin in my spare time.

Harlot

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Quote from: GreenBits on June 18, 2017, 06:55:40 AM

Quote from: Bagaji on June 17, 2017, 03:18:55 PM

Quote from: RENATA612 on May 03, 2017, 10:01:51 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?

I believe many people rely on bitcoin as another source of income online and not most of them mainly rely on bitcoin as the only source of income. If you are currently working, alot of things really need to be taken into consideration before you think of you quit your current job for Bitcoin. If you have an offer for the position of moderator and you see that what moderator earn per month is far higher than your current earning go ahead but if not please remain where you are do the job as an additional source of income.

I think staking a career on the single thing is the definition of risky, unless one knows with certainty that said 'stream' is permanent.. BTC has great potential and blockchain technology will be a household concept within the next few decades (provided bitcoin persists). Meanwhile, one should keep pursuing his current career goals with bitcoin as 'side thing'.

Bitcoin is cool and all, but I wouldn't bet the farm on it. Eggs and baskets and such Wink

Yup you are right having only one source of income will give you in a bad position some day, what I mean about that is you will only rely on one thing but what will happen if you stopped receiving income from that source? That is why having multiple stable sources of income is the way to go, what I mean about that is you won't have to rely on one source only and financially you won't be burying yourself on a lot of trouble, adding financial planning will also help you in your financial goals in the long run.

GreenBits

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Quote from: Bagaji on June 17, 2017, 03:18:55 PM

Quote from: RENATA612 on May 03, 2017, 10:01:51 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?

I believe many people rely on bitcoin as another source of income online and not most of them mainly rely on bitcoin as the only source of income. If you are currently working, alot of things really need to be taken into consideration before you think of you quit your current job for Bitcoin. If you have an offer for the position of moderator and you see that what moderator earn per month is far higher than your current earning go ahead but if not please remain where you are do the job as an additional source of income.

I think staking a career on the single thing is the definition of risky, unless one knows with certainty that said 'stream' is permanent.. BTC has great potential and blockchain technology will be a household concept within the next few decades (provided bitcoin persists). Meanwhile, one should keep pursuing his current career goals with bitcoin as 'side thing'.

Bitcoin is cool and all, but I wouldn't bet the farm on it. Eggs and baskets and such Wink

mzforfree

newbie

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long-term it's a solid type of investment (federal IRS law currently actually has BTC under "property" as their tax code), short-term its good for people who like to play the short term volatility of the market and gamblers

BarbieCasino

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yes bitcoin is best source of income for every one especially for student like me because a student have different types of expenditure. I am a student before using of bitcoin I take money from my father for school fee. Tuition fee , and bus fee its very difficult for him because our financial position were very weak . but now tell I use bit coin I live independently i admit my fee on time and my expenditure is very comfortable for me. And now I give advise to my friends its very helpful me and my friends.

babysweetTiger0401

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Quote from: RENATA612 on May 03, 2017, 10:01:51 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 as a source of income was a totally good to any who tried to work in bitcoin by simply joining in the campaign or doing trade in the market platform. It is really a good sideline but never give up your personal job now, maybe later if you are earning bitcoin more than your wages every month.

Lalafell

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Quote from: RENATA612 on May 03, 2017, 10:01:51 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?

Actually, as of now many people use the bitcoin to get some income.Furthermore, there many ways to get income by using bitcoin and it is very effective source of income. Some people trade or invest their bitcoin in trading sites .However; it took longer time to wait. Also try to join in signature campaign in bitcoin forum to get much income.

mastadonballs

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Quote from: RENATA612 on May 03, 2017, 10:01:51 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 in my opinion, is a valid source of income (considering it's potential).
I have a Full time work, and i use my free time in office in Bitcoin and joining in a signature campaign gives me an extra income, that income pays my bills, load and also rent in my apartment. But all of this we need a free time in our self

Seeker01

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Yes I consider bitcoin as my other source of income. it allows me to generate more profit every week and also everyday. A lot of people are relying on bitcoin when it comes to profit. The price of bitcoin are continue to rise and i expect more income from this.

South Park

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I am terrible at Fantasy Football!!!

Quote from: agustina2 on June 16, 2017, 05:26:12 PM

Quote from: South Park on June 16, 2017, 05:22:08 PM

I’m always surprised by the amount of people that say they trade but they cannot name a single book they have read about trading..

Because it's not necessary.

A simple basic trading terms is enough. After that go into actual trades and build experience. That experience will now be their foundation and those technical terms will just be learned later automatically. There are succesful traders who doesn't undergo on a so called trading school via reading trading books or anything like that. Most of them just hear thought by the others then eventually they didn't noticed that their trading knowledge gained so much information.

I think we are going to disagree on this, you don’t need to assist to school to learn how to trade, but there is information on the web that does not go through any review, if you at least begin to read the book of a trader that is known of being successful you will get all the basics needed in a single place about the mechanics of trading instead of having to search for them in several websites that may contain contradicting information.

Topic: Bitcoin as a source of income? - page 23. (Read 96217 times)