Bitcoin as your main income? - page 62.

genocide

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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.

It is not advisable to consider your bitcoin as your main source of income. Because it is unpredictable and nobody can tell if it is for life or how long will it last. Yes, it can give us a good, better or maybe best income but it is better if we will have our permanent source of income which is stable like our job or business. If you earned enough with bitcoin, then it's good, but take this as your part time job only that can give you money to finance your needs and helps you to become financially stable.

ss890

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Quote from: Freddie Aguiluz on March 12, 2018, 05:07:23 AM

Quote from: ?? on ??

Bitcoin does not provide income. You may profit from your speculation, but it is not income.

Furthermore, gains are not guaranteed or even consistent. For example, people that bought in December at $19k are going to have to wait a long time just to break even.

Yes, I don't see bitcoin as a main income, maybe an extra income but not the main, we can't tell if your investment on bitcoin will grow according to your plans, unlike income from work, it is stable even if small or big salary it is still stable. Bitcoin is not stable, so we can't expect it to give us money monthly or yearly.

Exactly, this is the scenario that can happen if we rely on the bitcoin for our regular income. We don't know what will happen with this unstable market and we dont either know whats the next big deal in the crypto currency. One day bitcoin is ATH at 20K USD while after that it gets hit by the storm and it drops all the way down to 8K USD. Now you tell me how this currency can give us the regular income where we can rely on for our daily needs. The regular income would be something that will keep giving us fixed amount of money each month or at leats each week considering the opportunities in the real world. That way we can be sure about the savings, expenses and how much is left over etc and can do the money management. Thats why it is not safe to rely on the bitcoin completely for regular income.

CARrency

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Quote from: lennymat86 on March 12, 2018, 06:09:08 AM

My first investment in crypto currency was an investment in Bitcoin.
Now I believe that it is much more profitable to invest in promising projects and in altcoins.

Bitcoin is just one of the greatest investment or asset you can see in the internet. There are thousands of other digital currencies that you do not know of. Bitcoin is so expensive so in order to invest on it, you need a good amount of money. In terms of new altcoins at ICOs, you can start it a low amount.

Notcalculator

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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 completely agree. Skills you learn in bitcoin is very much applicable to anything else. It rarely matters what you invest in, all that matters is you understand what you invest in. Learning economy for bitcoin is just one of the few steps i wish to take. Plus learning the technology behind btc gives you foresight on what to expect in the future. It gives you a little idea how the world is going to change and how you'll use that wave of change as an opportunity to go ahead of the game.

EnricoGomez

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Yes, it may be a source of main income for many though they may have a need in having greater knowledge and effort as well as time on analyzing to maximize profit. In this forums, it would be easier on joining bounties if you have higher rank.
Though to be my own, no, I would not consider as the price of bitcoin is very volatile. Maybe just a secondary as it helps greatly, too.
It depends on the person on how to manage their own.

#dhabitamartha

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I agree with the basic human economic idea and the basic human needs of eating, drinking, clothing, and compulsory dwelling needs and we are working with competing to find other riches quickly and deliciously so that human principles like nah are coming. Bitcoin in this era is needed by modern people because of its easy and fast flexibility to make a lot of money. work does not need physical and intellectual tests. This is the democracy of life

Fantastic33

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Bitcoin is a digital currency. The main purpose why it was developed is to make transactions fast and easy, and with its blockchain technology it also provides privacy to its users by keeping their personal information confidential.
Bitcoin can also give as income, but depends on what type of job you actually do. If its trading, or investing, it will definitely give you a big profit and can be a good source of your "main income". But if you are just here joining campaigns, well, it will only give you extra income.
The income that we can earn from bitcoin depends on the type of job we have here. Whether it can give us small or big income, i can say that bitcoin is a very big help to us when it comes to transactions and finances.

martychubbs

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Never bitcoin was my main income , i always shocked how young guys could earned millions with bitcoin who bought it and hold for 5 year now is millionaires but people like me who always working hard earn not much like little boys bitcoin millionaires

Bowly88

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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.

It can be your main income because there are a lot of ways to gain bitcoins because it is very easy to access if you are good at computers and having an internet connection. At first you will just gain a few profit if your account was just a beginner but as time goes by and as you get in a higher rank you will get a much bigger profit that can really sustain tour needs but lets just not always rely on bitcoin all the time find a job and do bitcoins at the same time.

belyaevi

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Quote from: lennymat86 on March 12, 2018, 06:09:08 AM

My first investment in crypto currency was an investment in Bitcoin.
Now I believe that it is much more profitable to invest in promising projects and in altcoins.

That also comes with a lot of risk. I have seen a lot of people losing all their money in alt coins as they completely collapsed. Thus, if you are ready to take higher risks in comparison to bitcoins, then only go for alt coins. I will not recommend them to middle class people with family responsibilities. Such people anyway do not have much money left every month to invest in crypto. They should invest it in safer and reliable option in form of bitcoins. To diversify go with only top 4-5 alt coins and nothing more if you still have some savings left.

Budugbass

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I'm understand what you mean, and of course many people have decided what their goal is by earning a Bitcoin income, some people may make it a source of income, and some people just make it as a new side that can be profitable if approached.
And it also depends on the breadth of people familiar with bitcoin, from basic to development, many people who're certainly have different judgments tailored to their circumstances.. in their life and their governments in ther countries.

criz2fer

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Quote from: Jessica1234 on March 12, 2018, 05:13:04 AM

Yes it can be, but it depend on situation. If you can't find job yet it can be possible that bitcoin is your main source of income. But on the other hand, you can have both. Because if you have work you still practice your skills by doing your job that makes you satisfied and it will help you to be better person and still excel on their profession.

Its still better to stick with your regular job. At first, were all here to earn an extra income for our family. But still dont forget our original proffesion because bitcoin is very volatile to make it as our main income.

lennymat86

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My first investment in crypto currency was an investment in Bitcoin.
Now I believe that it is much more profitable to invest in promising projects and in altcoins.

posi

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Vave.com - Crypto Casino

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.

Although, bitcoin cannot solve all problem but investing into bitcoin change my life financially and this the reason behind bitcoin creation to make life more meaningful. Besides, I huge income in bitcoin any other of my investment.

etron

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what I learned from bitcoin is a recent breakthrough in investing other than real money, and what distinguishes it is when investing in our bitcoin programming its earnings, and if investing money in the bank we will never know how much money we make, and we only get a few percent just because it has been in the share with the bank.

QueenOf

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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.

based on my experience BITCOIN can be the first income for me, because since i know Bitcoin , i learn about Bitcoin and try make a job with Bitcoin, Do you know what is happend in my life? Bitcoin change a lot of my life ,but like you say we can't conquer the world with Bitcoin, so for what you asked about it, i think in life only need Extra income for enjoy in life. Basically, whatever his job all have risk to win or lose.

Ailmand

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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.

That may be a good idea mate, but unfortunately, I can't totally support you with your idea. Bitcoin, although it is true that it could be that much valuable to do a lot of things would still be quite uncomfortable to rely on it that much, especially if you would utilize it as a source of income. I agree that that can be done, but you first have to really have a lot of savings because, in the months I have been in this market, I have come to learn that returns on your ventures could take months at a time to be realized, and for most of us who don't have that much savings, it would be hard to just blindly believe that your investments could be your source of income to provide for your needs.

JerryJam

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A few years ago, when bitcoin was just beginning to enter our lives to earn it could any average person. For this purpose it wasn't necessary to make special efforts. It was enough to have a regular computer. But today there is a lot of competitors. We have to come up with new ways to earn bitcoin. But not all of them can be as basic income. some methods require a lot of time for its production. For example, bitcoin taps will not bring you big money and time will take a lot. I believe that earning bitcoins can be the main income for people with disabilities, for example. For disabled people who can not perform other work is the best option of earnings.For the rest, I think it can be as an addition to the main earnings.

imstillthebest

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Quote from: Freddie Aguiluz on March 12, 2018, 05:07:23 AM

Quote from: ?? on ??

Bitcoin does not provide income. You may profit from your speculation, but it is not income.

Furthermore, gains are not guaranteed or even consistent. For example, people that bought in December at $19k are going to have to wait a long time just to break even.

Yes, I don't see bitcoin as a main income, maybe an extra income but not the main, we can't tell if your investment on bitcoin will grow according to your plans, unlike income from work, it is stable even if small or big salary it is still stable. Bitcoin is not stable, so we can't expect it to give us money monthly or yearly.

yes we already know that bitcoin is not stable and it should not be the main foccus or main source our income because it is risky and cant gurantee you a fix time for your salary. but i guess it is ok to depend on it as long as you know that you can still eat even if you did not get an income out of it. right now i see majority of people is acutally doing bitcoin as their sideline aside from their real jobs , they buy and invest bitcoin using their salary so that they can make it as invensment or for trading purposes. that is a nice idea indeed to be follow ,if you want to earn extra income.

Jessica1234

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Yes it can be, but it depend on situation. If you can't find job yet it can be possible that bitcoin is your main source of income. But on the other hand, you can have both. Because if you have work you still practice your skills by doing your job that makes you satisfied and it will help you to be better person and still excel on their profession.

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