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Topic: Bitcoin as a source of income? - page 29. (Read 96217 times)

hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
June 13, 2017, 01:06:27 PM
There are a lot of way to earn Bitcoin like faucet earning, clicking ads (PTC), etc but I think it is not worth doing such those works
If those jobs are not worth doing then that is not a good way to earn bitcoin, that is a good way to lose time, time that you could have used to get a job or a second job and then use that money to buy even more bitcoin, it is really simple, if the amount of time you spend collecting from a faucet is more valuable than the amount of bitcoin you are receiving then stop claiming from faucets.
sr. member
Activity: 980
Merit: 250
$CYBERCASH METAVERSE
June 13, 2017, 01:02:35 PM
Bitcoin gives me add income, because i only use free time to trade. With high rate as it today (compared to previous year) income from trade earned was quite satisfactory when i converted to dollar.
sr. member
Activity: 1078
Merit: 256
June 13, 2017, 11:48:31 AM
How is it considered as income? If you mean increasing the number of bitcoins you have with altcoin trading. That's okay. If not, what is it then?

For some like in altcoin trading, they considered it as source of income because trading for them is a job. That is why they rely on it. While others with high paying signature campaign can make as source of income as well. And because of the the high price of bitcoin now, monthly they can get around $400-$500 a month which is a lot specially if you are in a third world country.
hero member
Activity: 700
Merit: 500
June 13, 2017, 11:41:12 AM
Very hard for BTC to become a source of income mainly because of it's variety and lack of stability and therefore you can't get it stably, and hence can't depend on it as a source of income overall.. Those working for BTC companies or doing translation professionally can probably depend on it as a source of income.
I think that making Bitcoin as a source of income is not that much difficult as you are saying, yes it is true that the price of Bitcoin is unstable but many people have made it as a permanent source source of income and their life is completely dependent on the source of income from Bitcoin, not only those people who are working for Bitcoin companies but also those people who are trading and investing their money in Bitcoin and the miners also depends on Bitcoin income.
full member
Activity: 217
Merit: 100
June 13, 2017, 11:30:03 AM
How is it considered as income? If you mean increasing the number of bitcoins you have with altcoin trading. That's okay. If not, what is it then?
legendary
Activity: 2940
Merit: 1083
June 13, 2017, 11:26:40 AM
I think bitcoin is an additional source of income, if we want it to be the main source of income, maybe we need to focus a lot on it, you certainly can earn Bitcoin here and it more or less depends on your ability. However you need to determine you consider Bitcoin is a main source of income or just an additional source of income, if you want it to become your main source of income, you should spend a lot of time researching it and if you just consider it an additional source of income, you should choose a simple job and do not spend too much time as a signature campaign, that will not affect your main job

There are people who consider bitcoin earning method as a main job or side income. Depends on the method they choose, if they found it can fit as a role of main job, then that's the time they will focus on it. Others and I think mostly, treated other bitcoin earning methods as side income while at the same time having a day job. How is that possible? Yes there are people who can diversify their time to make room for both bitcoin works and day jobs.

Overall, it's up to people how will they handle their both works. Working for both bitcoin works whether as main or side income must be handled properly to give you a good opportunity to earned more. Managing time and eagerness to reached the goal are one of the important ingredients to that.
sr. member
Activity: 672
Merit: 251
Content| Press Releases | Articles | Strategy
June 13, 2017, 11:18:16 AM
How is your progress Everyone including original poster? 

Update us? I am hoping you will say that you are making choices that will lead to your ultimate job paying you in btc.  Good luck, it's possible!
full member
Activity: 230
Merit: 100
June 13, 2017, 11:08:25 AM
Several people are now using Bitcoin as an alternative source of income. However, my opinion is that people should not fully rely on Bitcoin. Though it is now considered a source of income, it is still possible for one to meet all the needs from Bitcoin. I believe that using Bitcoin should only just for extra income. Being employed in a stable job is still important because it is where you can be sure of on your pay or income. In addition, being employed may give you different benefits aside from the salary you are getting. Unlike when you are a full time Bitcoin self employed earner, the only benefit you are getting is the monetary income.

I think  yes if you buy and hold and when it appreciates, then its an alternative source of income. Also, what you can do with bitcoin can generate income. Like if you are trading it, offering services and being paid in bitcoin or join some campaigns and finishing some task here.
hero member
Activity: 1316
Merit: 502
June 13, 2017, 10:51:02 AM
some people here are earning huge money or maybe i should say enough money to support themselves and their family. yes, bitcoin is also used as a source of income like the others, like us. like the one who taught me everything about in here. he is also earning a huge bitcoin and that is the reason why he was able to help his family in financial needs. i have a big regret that i dont believe in him since the first time he taught me about this. so im doing my best to do everything i can to earn here. if everyone can do, i also can.
I think bitcoin is an additional source of income, if we want it to be the main source of income, maybe we need to focus a lot on it, you certainly can earn Bitcoin here and it more or less depends on your ability. However you need to determine you consider Bitcoin is a main source of income or just an additional source of income, if you want it to become your main source of income, you should spend a lot of time researching it and if you just consider it an additional source of income, you should choose a simple job and do not spend too much time as a signature campaign, that will not affect your main job
newbie
Activity: 48
Merit: 0
June 13, 2017, 10:48:01 AM
The real people using BTC as their main occupation are huge traders that can easily win thousands in dollars in a regular trade and therefore the big profit can be achieved easily for them, also those working as workers in exchanges and companies like BItpay also can afford to get themselves full-time work in BTC business.
full member
Activity: 252
Merit: 100
June 13, 2017, 10:47:41 AM
Several people are now using Bitcoin as an alternative source of income. However, my opinion is that people should not fully rely on Bitcoin. Though it is now considered a source of income, it is still possible for one to meet all the needs from Bitcoin. I believe that using Bitcoin should only just for extra income. Being employed in a stable job is still important because it is where you can be sure of on your pay or income. In addition, being employed may give you different benefits aside from the salary you are getting. Unlike when you are a full time Bitcoin self employed earner, the only benefit you are getting is the monetary income.
hero member
Activity: 700
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
June 13, 2017, 10:41:10 AM
Very hard for BTC to become a source of income mainly because of it's variety and lack of stability and therefore you can't get it stably, and hence can't depend on it as a source of income overall.. Those working for BTC companies or doing translation professionally can probably depend on it as a source of income.
I have seen lots of crypto traders making thousands of dollar every week or even more which I think will be enough for anyone to have quite moderate lifestyle. But nobody can earn enough bitcoin for free or without doing anything to be able live just with those free bitcoins.
full member
Activity: 449
Merit: 102
Binance #Smart World Global Token
June 13, 2017, 10:31:26 AM
some people here are earning huge money or maybe i should say enough money to support themselves and their family. yes, bitcoin is also used as a source of income like the others, like us. like the one who taught me everything about in here. he is also earning a huge bitcoin and that is the reason why he was able to help his family in financial needs. i have a big regret that i dont believe in him since the first time he taught me about this. so im doing my best to do everything i can to earn here. if everyone can do, i also can.
newbie
Activity: 34
Merit: 0
June 13, 2017, 10:27:25 AM
Very hard for BTC to become a source of income mainly because of it's variety and lack of stability and therefore you can't get it stably, and hence can't depend on it as a source of income overall.. Those working for BTC companies or doing translation professionally can probably depend on it as a source of income.
newbie
Activity: 42
Merit: 0
June 13, 2017, 10:20:55 AM
Those people are still WAY WAY on the margins, just like people who work jobs at home or completely online are STILL way way on the margins.
hero member
Activity: 3052
Merit: 651
June 13, 2017, 10:18:04 AM
This is very interesting, before I known bitcoin I use google adsense publisher or program paid per click, but since the last 5 years I leave because the value click the continue to degenerate and eventually bitcoin became the second income after work.

Been there too paid to click advertisement which pays not even a cent of a dollar.
It is actually a cruel way to pay people with all their efforts of clicking. It is way too low that is why many produced bots just to get a lot of income.
Here with bitcoin it is totally different. Very far from those cents and the way it grows is speeding up as long as you hold your coins.
member
Activity: 93
Merit: 10
June 13, 2017, 10:07:18 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?

Yes bitcoin as a source of income.
sr. member
Activity: 1722
Merit: 252
June 13, 2017, 02:07:02 AM
This is very interesting, before I known bitcoin I use google adsense publisher or program paid per click, but since the last 5 years I leave because the value click the continue to degenerate and eventually bitcoin became the second income after work.
legendary
Activity: 1470
Merit: 1079
June 13, 2017, 12:29:03 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 do not think leaving a secure job over speculating on bitcoins is a good choice. There is no doubt bitcoins are a source of passive income, but you cannot entirely depend on it to provide you with a long-term source of substantial, secure, steady income, solely because of uncertainty. There are traders who are full-time into trading and then miners, but these require heavy investment and even after this there is a huge risk of ending up with losses. If you have a unique concept and some BTC to spend then bitcoin/blockchain related startups would be better in terms of a job.

For passive income the best options would be setting up your bitcoin related blog, selling products and services, doing microjobs, article writing etc. You can do your full-time job and earn some passive BTC with zero risk.
hero member
Activity: 518
Merit: 500
June 13, 2017, 12:15:29 AM
It would be hard to depend on bitcoin alone as a primary source of income, considering that the volatility is still very high. What I do is try to earn as much bitcoin as I can, but only as my secondary source, more like to pay for small stuff like household bills. Every bitcoin I earn is considered a bonus for me because I didn't start earning until about May of last year and what I get I try to balance between saving and spending.
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