Bitcoin as your main income? - page 44.

tbterryboy

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Quote from: cheefbuza on March 11, 2018, 03:41:39 PM

Bitcoin is a currency. Bitcoin is a solution to many problems. Bitcoin is bringing questions and new problems to this world.
Some people find this as a ride to boost your income, not specifically Bitcoin but also the whole crypto market.
I think it's a great thing! But what are you actually looking for? Bitcoin itself (the currency) might not be your solution.
If you want to "conquer" the world, you can't do it with Bitcoin. Like you can't conquer the world with the dollar itself.
You need to focus the technology. The blockchain along with it, bringing a new economy generation with freedom and decentralization.
It's something that should be written a new bible about in my opinion. Before you learn Bitcoin, learn economy. Once you master this skill, own Bitcoin as one of your cards.

I would like to hear some of your opinions and hear some smart words because I believe people think investing Bitcoin will make their life done financially but I honestly think it's not true.

I won’t advise anyone to use Bitcoin as their main income. You know this is an online job, and you can’t expect income to be coming from it regularly. There are times it will and times it will not come. You need to have a real job or business and then use Bitcoin to support yourself. If you’re going to rely completely on Bitcoin, it’s not really advisable, though it works out for some people, but everyone can’t be lucky.

Irwandho

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Quote from: cheefbuza on March 11, 2018, 03:41:39 PM

Bitcoin is a currency. Bitcoin is a solution to many problems. Bitcoin is bringing questions and new problems to this world.
Some people find this as a ride to boost your income, not specifically Bitcoin but also the whole crypto market.
I think it's a great thing! But what are you actually looking for? Bitcoin itself (the currency) might not be your solution.
If you want to "conquer" the world, you can't do it with Bitcoin. Like you can't conquer the world with the dollar itself.
You need to focus the technology. The blockchain along with it, bringing a new economy generation with freedom and decentralization.
It's something that should be written a new bible about in my opinion. Before you learn Bitcoin, learn economy. Once you master this skill, own Bitcoin as one of your cards.

I would like to hear some of your opinions and hear some smart words because I believe people think investing Bitcoin will make their life done financially but I honestly think it's not true.

. for a while bitcoin is not the main source of income therefore I start now will try to deepen about bitcoin and hopefully can change my economic life for the better

jhamz03

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For me bitcoin is just another source of income, it cannot be a main income because its price is just not stable. However I still get bigger income in bitcoin than my main source of income.

adi33

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Quote from: Astermony on March 16, 2018, 10:33:35 PM

Quote from: Fire316 on March 11, 2018, 05:23:34 PM

Bitcoin could not be a main income because it is not stable. It is just another source of income when you invest or join a bounty that pay bitcoin or you are working online which is the payment is bitcoin. You can earn from these and that will give you a chance yo earn extra income. Mostly if you are lucky, bitcoin is more profitable rather than your permanent job.

I agree, bitcoin is not fit to be your primary source of income because it is not that really stable. For me, make it as your extra income. Bitcoin can help you financially but not that making as the primary income. A stable job and bitcoin are good to mix. Wink

actually to be the main income at this time still can but I can not guarantee in 5 -10 years ahead whether still can or not. so we better start preparing everything from now on to make the effort

Astermony

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Quote from: Fire316 on March 11, 2018, 05:23:34 PM

Bitcoin could not be a main income because it is not stable. It is just another source of income when you invest or join a bounty that pay bitcoin or you are working online which is the payment is bitcoin. You can earn from these and that will give you a chance yo earn extra income. Mostly if you are lucky, bitcoin is more profitable rather than your permanent job.

I agree, bitcoin is not fit to be your primary source of income because it is not that really stable. For me, make it as your extra income. Bitcoin can help you financially but not that making as the primary income. A stable job and bitcoin are good to mix. Wink

Noilee

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Well, i would say its my main income, because just like other people that who are unemployed. because i believe btc price is increasing then i will earn profit. Maybe some other people says its not the main income because the price volatile. I always trust in bitcoin and it gives us surely a profit. We proud to tell that bitcoin is our main income and its a big help on my everyday lives, because bitcoin is very useful.

Kleo-kripto

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My strategy is this: earn money on programs-bounties, and then invest them in bitcoins. It is very profitable. Yes, there is a lot of volatility in bitcoin, but if you do not touch the investment for a long time, then you will still remain at a profit.

ELEL_ELEL

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Quote from: Merjay18 on March 11, 2018, 06:50:44 PM

Quote from: nlcars on March 11, 2018, 05:29:25 PM

Bitcoin is the Godfather of all the other coins and of the blockchain revolution

I cant consider as of now bitcoin as my main income.Because I dont earn that much in btcoin.and we cant predict the stabilty of bitcoin.Ofcourse we still need a permanent job for our permanent income and lets consider bitcoin as extra income.

this is what im always asking about myself,i am undecided if im going to quit my current job to have more time in bitcoin, they are saying that bitcoin is not a stable, there are times that it has a low rates and as of now bitcoin helps me in my financial problem.

bitroxis

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Whether you have/"play" with Bitcoin or not, you can't rely on it exclusively. Maybe the wisest thing to do is invest in various types of assets - money, cryptocoins, but also real estate and a "regular " business (be it a restaurant or a clothes shop). And having a profession, being really good at something other than crypto speculation, is always a good thing.

perto01

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Not now, because I am a totally newbie when it comes in digital coin. But I know someone that her source of income is bitcoin. And she is my inspiration to do this for my kids. I hope I will do it right.

supercanada1

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Quote from: TYPEcoin on March 16, 2018, 07:42:31 AM

Bitcoin as your main income?

No bitcoin can not be my main income , because of that is very volatility and i cannot earn money all time when its falling its so hard to earn money here.

Well we cannot say that bitcoin cannot be the main source of income because we can use bitcoin as our way of income if we invest in bitcoin high level and then hold after buying a lot of bitcoin, but if we will use it as a side by source of income then it will be more good as compare to the only source of income,. Bitcoin is very reliable and easy to use during your job so at first priority try to use bitcoin as an additional way of earning and after that think something else, volatility is good thing in bitcoin as it provides people opportunities to buy more and more bitcoin.

ChrishAi28

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Quote from: Fire316 on March 11, 2018, 05:23:34 PM

Bitcoin could not be a main income because it is not stable. It is just another source of income when you invest or join a bounty that pay bitcoin or you are working online which is the payment is bitcoin. You can earn from these and that will give you a chance yo earn extra income. Mostly if you are lucky, bitcoin is more profitable rather than your permanent job.

Yes it is not stable, the income you can earn in bitcoin is doesnt fix and not in time when you get your income. But it can be a main source of income because you earn money from it.

newwest

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Quote from: billtonz123 on March 16, 2018, 10:14:20 AM

bitcoin not my main income,because the movement of bitcoin is uncertain. so my suggestion is dontt put your all money in 1 place but put your money in many place so we can handle 1 of our loss and take profit in other place. find many business to cover the shortage and take advantage for your business

Bitcoin is highly volatile and thus people do fear as you can make money or lose out easily . Thus it is very important to just put some % of your money in btc or other coins considering you will be fine even if you lose out money in worst case scenario.

billtonz123

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bitcoin not my main income,because the movement of bitcoin is uncertain. so my suggestion is dontt put your all money in 1 place but put your money in many place so we can handle 1 of our loss and take profit in other place. find many business to cover the shortage and take advantage for your business

Blue Bell

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Quote from: Rossy Akbar on March 15, 2018, 03:25:41 AM

As I do today bitcoin was my second income because I have another job which was I liked to do, but oneday bitcoin will might be my main income.

Same as your way of income bitcoin is being use by me as an additional source of income and trust me mate it is the best thing we can do with our bitcoin, we can use bitcoin anywhere and anyhow, we are not bound to leave our job for bitcoin. Using bitcoin and leaving your job for bitcoin is not advisable according to me if we will carry our job with bitcoin, it will give us double benefit and we will enjoy more profit every month.

TrumpD

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As a freelancer, I having been making my earnings in BTC in crypto space for about a year and half now. The major downside of this is the volatility of the prices. You know that a standard job costs x amount of $$$. But when negotiating and being paid, it is mostly done in BTC. Now, when I have to convert some of my earnings, to fiat, especially lately, I loose a lot because of the way the prices have been reacting. Incidentally when the prices where rise towards the end of last year, I didn't get much freelance work to do... Maybe my hard luck and that changes. Grin

GrayFullbuster

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Quote from: cheefbuza on March 11, 2018, 03:41:39 PM

Bitcoin is a currency. Bitcoin is a solution to many problems. Bitcoin is bringing questions and new problems to this world.
Some people find this as a ride to boost your income, not specifically Bitcoin but also the whole crypto market.
I think it's a great thing! But what are you actually looking for? Bitcoin itself (the currency) might not be your solution.
If you want to "conquer" the world, you can't do it with Bitcoin. Like you can't conquer the world with the dollar itself.
You need to focus the technology. The blockchain along with it, bringing a new economy generation with freedom and decentralization.
It's something that should be written a new bible about in my opinion. Before you learn Bitcoin, learn economy. Once you master this skill, own Bitcoin as one of your cards.

I would like to hear some of your opinions and hear some smart words because I believe people think investing Bitcoin will make their life done financially but I honestly think it's not true.

There are many jobs that keep increasing because of the cryptocurrency. I can considered the bitcoin as main source of my income. Bitcoin is the reason why I can now fully support my family. I know that bitcoin will be the reason for me to become rich person in the future.

gamaman990

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Bitcoin itself can't bring you any income but it's quite easy to make money from daytrading or arbitrage given the hyper fluctuation of the crypto market.

Glorypaasa

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Quote from: richminded on March 11, 2018, 05:30:15 PM

Its risky to consider bitcoin as your main income simply because its highly volatile and your profit is not guaranteed. Better to just make this thing as another source of profit, its good to have a lot of money resources. If you are just minimum wage earner like me, better not to depend on this.

I agree to what you said. Bitcoin is mainly just a backup plan or something that adds up to your income or profit. Getting is as a job alone might be risky since its value can go down anytime and we don't really know when it will rise again. This says it all. You should have a job because that's what gives you money constantly and something that is reliable at all times, not just Bitcoin which goes down and goes up. The good thing about Bitcoin is that it gives off high profit but in a long span of time.

rockstarr

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Quote from: Granxis on March 11, 2018, 06:55:30 PM

Quote from: kimdomingo on March 11, 2018, 05:59:57 PM

Bitcoin may help you have an extra income but i think it can not become your main income since cryptocurrency has a value that is not stable. And, no one knows when it will rise so it is not that good to depend on bitcoin and to make it your main source of income. But it is always better to trust and use bitcoin as a source of extra income.

Yes, there was a lot of controversy in the past, and I communicated my ideas to every matter related to making a choice between work and Bitcoin as a there must always be a fixed income.

We cannot say that all of us used bitcoin crypto currency is our main income. Even though their are few but the others are not due to poverty or less privileged people. It is a kind of long term investment or business that needs self control.

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