Bitcoin as a source of income? - page 5.

OrangeII

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Quote from: swiftbits on July 09, 2017, 04:10:28 AM

It can be a source of Income if you have skills or you have a project/website
just make sure you have a sure income because leaving your job for bitcoin is not a good thing

All work requires skill, and of course in the world of cryptocurrency as well. Making bitcoin the main income you have of course requires special skills, such as trading or the like. If you do not have it, it may be very difficult to make bitcoin as a source of income.

swiftbits

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It can be a source of Income if you have skills or you have a project/website
just make sure you have a sure income because leaving your job for bitcoin is not a good thing

mdzahed134

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At present bitcoin is my best income source.Because my big amount come from bitcoin.

opticalcarrier

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Yes, many peoples are choosing bitcoins for their source of income.Earning money through bitcoin is morethan earn on a normal job. so many peoples are leaving job and doing earning bitcoins their own ways.

Ekanenf

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Quote from: fujyo86 on July 08, 2017, 12:52:40 AM

Bitcoin can be source of income with consideration, if from our activities in it provide better than having a boss. I am have proven, bitcoin can meet the cost my life and family. Bitcoin into a new tap for me.

Earning money through bitcoin is mostly bigger than what you could earn on a normal job, that is why it would be better if you are going to quit your job if this is the situation you are in, instead on focusing on your job why not spend all of your time on bitcoin so that you could earn more bigger out of it. Time is gold, that is why we have to think of the things that we really wanted to do in life before it is too late.

Working to earn money is the most common scenario nowadays, but the truth is we have to learn how money will work for us, for example is Investing our money into bitcoin and make profits in the long run, or do Trading, which also have the same benefits to us(depends on the Coins that you have though).

Gabrieelle

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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?

Leaving your job for bitcoin only means that you are getting much bigger amount in bitcoin than in your job. But for those who are just starting in the world of cryptocurrency it is better to hold on to your job which is much stable and take bitcoin only as part time. There are many ways to gain bitcoin in this forum just go in the section of services.

lepbagong

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Although I have not experienced but I've seen friends have already cashed bitcoin and spend their personal needs, even now more focused to make mined bitcoin for the fulfillment of daily needs.
Could change with bitcoin

susila_bai

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Quote from: South Park on July 08, 2017, 03:26:31 PM

Quote from: rizkyhiw on July 08, 2017, 02:41:26 PM

Quote from: fujyo86 on July 08, 2017, 12:52:40 AM

Bitcoin can be source of income with consideration, if from our activities in it provide better than having a boss. I am have proven, bitcoin can meet the cost my life and family. Bitcoin into a new tap for me.

if you live in a low cost of living place i think your argument is reasonable ,
but when you live in most european countries sometimes it won't worth ,
people usually in europe have to earn €1,500 to €2,000 monthly to live in average economics ,
tell me how do you guys earn that much through bitcoin?

True but at the same time, bitcoin liberate you from the fact that you have to live in a specific plate to get to your job, with bitcoin you can live anywhere and make money as long as you have an internet connection, so you can move to a cheaper place to live if needed be.

That is the main point what you told is correct, what if you are living in costly place dont mean that Bitcoin earning is nothing for it, so better go for cheaper location and then see that what you are earning in Bitcoin is more then enough to live happily. But it is also true that in some country where the fiat conversion price is very high so what ever they are earning through bitcoin is very big then what they are earning in their salary.

crazycatwoman03

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Quote from: nod on June 10, 2017, 02:43:34 AM

It is possible, You are using Bitcointalk and you know that there are a lot of ways to earn money with this forum, like Campaigns or Services

Right, but without more information about bitcoin you can't manage your income. Because with signature campaign in services you can't earn bitcoin because it has own rules and regulation before you give the payout. Additionally, more bitcoiner are greedy to generate bitcoin (as what I encounter) they do multiple account then participate in one signature campaign that have a great payment, sometimes newbie want to posts more and their profile are one liner or other are spammer and they don't know. My point is without enough knowledge in bitcoin we possible to turn nothing. Bitcoin field is so wide, the more you have idea the more income you can get.

South Park

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Quote from: rizkyhiw on July 08, 2017, 02:41:26 PM

Quote from: fujyo86 on July 08, 2017, 12:52:40 AM

Bitcoin can be source of income with consideration, if from our activities in it provide better than having a boss. I am have proven, bitcoin can meet the cost my life and family. Bitcoin into a new tap for me.

if you live in a low cost of living place i think your argument is reasonable ,
but when you live in most european countries sometimes it won't worth ,
people usually in europe have to earn €1,500 to €2,000 monthly to live in average economics ,
tell me how do you guys earn that much through bitcoin?

True but at the same time, bitcoin liberate you from the fact that you have to live in a specific plate to get to your job, with bitcoin you can live anywhere and make money as long as you have an internet connection, so you can move to a cheaper place to live if needed be.

rizkyhiw

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Quote from: fujyo86 on July 08, 2017, 12:52:40 AM

Bitcoin can be source of income with consideration, if from our activities in it provide better than having a boss. I am have proven, bitcoin can meet the cost my life and family. Bitcoin into a new tap for me.

if you live in a low cost of living place i think your argument is reasonable ,
but when you live in most european countries sometimes it won't worth ,
people usually in europe have to earn €1,500 to €2,000 monthly to live in average economics ,
tell me how do you guys earn that much through bitcoin?

coerdy

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bitcoin is really source of income.bitcoin is not constant, this price will increase and decrease. if it increase we get the profits.this helpful for investing the money for future purpose also.

zkt

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Calculating a relative sum, you would need an average of at least 1 BTC per month (equal to $2500) for bitcoins to be a stable income (calculating an average between most 1st and 3rd world countries), Earning that much STABLY and monthly isn't easy. The ones making full time profit in bitcoin are mostly exchanges/big gambling websites operators and staff.

Skieleton

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Quote from: fujyo86 on July 08, 2017, 12:52:40 AM

Bitcoin can be source of income with consideration, if from our activities in it provide better than having a boss. I am have proven, bitcoin can meet the cost my life and family. Bitcoin into a new tap for me.

I just started the adventure with the code and earn less. I hope one day I will be able to reach this stage in order to provide a good life for my wife and child, earning only Bitcoin. Now I still have to work normally.

fujyo86

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Bitcoin can be source of income with consideration, if from our activities in it provide better than having a boss. I am have proven, bitcoin can meet the cost my life and family. Bitcoin into a new tap for me.

JimmieA

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Quote from: jawitech on July 07, 2017, 11:10:26 PM

Yes, Bitcoins are new era of getting money without any single cent investment. i left my job also i spending my job timings in bitcoins only.
Bitcoins are very usefull who are unemployee/ whose salry have not sufficent. No doubt they can invest on Bitcoins.

Btc is definitely a good source of income but you are pretty sure of the stability of this source of income when you quit your current job and justify your time for btc. I am very concerned about this as btc is still in a lot of turmoil and first August is sure to make some changes.

jawitech

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Yes, Bitcoins are new era of getting money without any single cent investment. i left my job also i spending my job timings in bitcoins only.
Bitcoins are very usefull who are unemployee/ whose salry have not sufficent. No doubt they can invest on Bitcoins.

South Park

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Quote from: NEWGOODOUBLE on July 07, 2017, 05:36:25 AM

Quote from: googlebtc on June 30, 2017, 01:43:59 PM

It is true that bitcoin is a source of income for someone not to focus on working in the real world because the result of bitcoin is fantastic if someone works out bitcoin then it depends on ourselves whether bitcoin for additional income source or for us to Focus as a new job In bitcoin world , But for me bitcoin is just an extra source of my income in doing bitcoin.

Yeah arguably earning in bitcoin exceeds my income in my day job lol. But I will not take the risk of getting out of my day job and then working full time in bitcoin. I think it's very risky. So currently I still use bitcoin for extra income only

Which is as it should be, while I have enormous faith in bitcoin, there is no point into putting all your eggs on the same basket, if you are going to diversify your investments, diversifying your income streams it is logical and makes you more resistant to economic failure, if you get kick out of your job you have bitcoin and if bitcoin crashes you have your job.

coolcoinz

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Quote from: virasog on July 07, 2017, 02:18:04 PM

Easiest way to make Bitcoin a source of income is to actually attach it to your regular income. there's a lot of websites and a lot of services that allow you to take direct deposit from your regular source of income into your Bitcoin account. Some of these are pretty expensive. of course you could probably rig this up yourself with a little bit of time. In less than a week you can have it up and running, and that's how you receive your income as a source of income in Bitcoin.

I wouldn't do that, because you never know at what price these services will buy coins. I expect this would be a much higher price than the average, something similar to what localbitcoins is offering. Also, you wouldn't want to buy during a big pump, and this could happen if your pay came through exactly when Bitcoin was peaking.
Just buy at exchanges like everybody else.

virasog

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Easiest way to make Bitcoin a source of income is to actually attach it to your regular income. there's a lot of websites and a lot of services that allow you to take direct deposit from your regular source of income into your Bitcoin account. Some of these are pretty expensive. of course you could probably rig this up yourself with a little bit of time. In less than a week you can have it up and running, and that's how you receive your income as a source of income in Bitcoin.

Topic: Bitcoin as a source of income? - page 5. (Read 96217 times)