bitcoin dont pay our billls we need passive income - page 5.

BITCOIN4X

legendary

Activity: 1974

Merit: 1150

Quote from: pokeronlinestatus on September 19, 2020, 12:35:47 PM

You shouldn’t rely on Bitcoin, it’s a no – no for me, you shouldn’t be relying on anything ‘investment’.

These are meant to be your side means of income, even if you you’re lucky and the price goes and you make millions, you still shouldn’t feel relaxed and hope that it’s going to be the best option to rely on.

What if the price goes down and stay that way for a very long time? Huh

What are you going to do about it, keep relying on the profit you made in the past? For how long? So man this is not something you should fully rely on, get another job Too.

Bitcoin should not be relied on by anyone as the only profitable investment asset. There are many more investment asset that investor can trust if they are looking for a profit. However, until now the number of enthusiast for bitcoin continues to grow and that will make bitcoin even stronger. Development is still badly needed and in fact bitcoin continues to benefit everyone here in the recommended way. The profit I mean is not only focused on the amount of profit you get but other benefit that we get from the existence of bitcoin. Convenience and transparency are some of the advantage we have with bitcoin.

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

Quote from: Twentyonepaylots on September 16, 2020, 04:00:24 PM

From the threads that you are started, I can conclude that you are pro-poor, I'm not saying that it is bad to support the poor/ lower middle class but the world works critically for them. What you are saying from this thread is the government should give free money, in which planet does the government gives free money? The government was designed to govern people, regulate and watch us. What you are basically thinking is a tooth fairy.

I agree, people see that the government has a lot of money at this disposal but that is not money that appeared out of nowhere it came from our taxes, loans or by being printed by the government and while the last option may make it seem as if money can appear out of nowhere this is not exactly true as that money causes inflation and it is just like a hidden tax on your whole wealth.

And despite the huge money the governments have at their disposal it is not infinite and it is known that the wants of people are infinite, people do not seem to realize that things they take for granted were not available for kings just a century ago and they are living in an era full of abundance that has reached even those that are poor, so those asking for free money from the government do not realize that while this can be done for the short term it is impossible to maintain this for the long term and any attempt to do so will lead the government to become bankrupt.

oHnK

hero member

Activity: 1414

Merit: 574

Quote from: pokeronlinestatus on September 19, 2020, 12:35:47 PM

What if the price goes down and stay that way for a very long time? Huh

What are you going to do about it, keep relying on the profit you made in the past? For how long? So man this is not something you should fully rely on, get another job Too.

Break your investment not only focus on one asset but also to many other assets in order to minimize the risk of loss. If the price of bitcoin falls, by investing in other assets it will cover losses from the decline in bitcoin prices. Be a smart investor so that your portfolio can be a promising passive income

pokeronlinestatus

full member

Activity: 455

Merit: 102

You shouldn’t rely on Bitcoin, it’s a no – no for me, you shouldn’t be relying on anything ‘investment’.

These are meant to be your side means of income, even if you you’re lucky and the price goes and you make millions, you still shouldn’t feel relaxed and hope that it’s going to be the best option to rely on.

What if the price goes down and stay that way for a very long time? Huh

What are you going to do about it, keep relying on the profit you made in the past? For how long? So man this is not something you should fully rely on, get another job Too.

bits4books

sr. member

Activity: 854

Merit: 264

Crypto is not a religion but i like it

This is probably the worst idea I've seen on this forum in a while. Why you should be payed from someone? For what? I am totally against all and any social parasites. I am against idea that my taxes will be used to give someone free money. I'm damned against even having my taxes go to non-refundable loans to other countries "just because".
I believe that if a person can't earn a living it is solely their problem and they should be ostracized and socially disapproved of as much as possible.
There are so many different ways to make money in the world - that's why I just hate it if someone starts such conversations about. universal income is what will kill any state remember this.

mersal

member

Activity: 1204

Merit: 38

Quote from: verita1 on September 18, 2020, 06:51:05 PM

As my income is based on Bitcoin I can confess that they serve to pay my bills I can even help pay some of my grandmother's bills. Would I need the government to give me the universal basic income? Yes, because I receive lower income. Adjusting my income I could save more in Bitcoin and invest to improve my quality of life and help others if it is within my reach.

If you have million dollar portfolio then it is possible to make enough funds for monthly bills just from one or two trades at the swing market but it is not possible for omeone who have 100 or 1000 dollar as capital and keep doing trades all the day a month won't be enough to pay your bills.

You need money to make more money!

btc78

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Activity: 2520

Merit: 214

Eloncoin.org - Mars, here we come!

Quote from: Polo7 on September 14, 2020, 03:02:46 PM

btc is not good to pay our bills.,

we need new way of passive income goverments should start giving out universal income

there is need for passive income

who will vote for that?=

Then for what do you wanted Bitcoin to be used?

- Bitcoin is best for paying bills and other transaction Online.

- Bitcoin is Best for Holding as Investment.

- Bitcoin is Best as asset that will be available online for us to survive.

If you think that Bitcoin does not serves you better?then never Buy or believe on this but us?no one can stop us from using this as everything as possible .

Wawa2013

sr. member

Activity: 1666

Merit: 268

Of course it's not a good thing to expect passive income from the government, it will make us look like beggars. If you want to get passive
income, it's better with the assets we own. If you don't have assets, we have to work hard to get it. Don't be lazy, because people who
always work hard will definitely get good things. Then don't get wrong about Bitcoin, because Bitcoin is only digital money that depends on
the user. So Bitcoin cannot pay our bills by itself, we must be able to make Bitcoin valuable and it can increase in price if it is sold. So Bitcoin
can make money for us, if that happens the Bitcoin we have can pay our bills.

verita1

member

Activity: 1358

Merit: 81

As my income is based on Bitcoin I can confess that they serve to pay my bills I can even help pay some of my grandmother's bills. Would I need the government to give me the universal basic income? Yes, because I receive lower income. Adjusting my income I could save more in Bitcoin and invest to improve my quality of life and help others if it is within my reach.

adzino

copper member

Activity: 2968

Merit: 575

www.Crypto.Games: Multiple coins, multiple games

Quote from: Polo7 on September 14, 2020, 03:02:46 PM

btc is not good to pay our bills.,

we need new way of passive income goverments should start giving out universal income

there is need for passive income

who will vote for that?=

Don't invest in bitcoin with the hope of getting profits every month. Yes, it is not a good idea to be depended on bitcoin to get "free money" every month.
For passive earnings, try investing in business. There is risks associated, but the risks are lower than investing in crypto currencies (unless you are thinking of make long term investment).
As for UBI, though the concept isn't new, there are lots of problems behind the scheme. People would stop working, which means less tax revenue due to lower economic output as a result of lower labor work force. Less tax revenue makes it impossible for the government to cover the entire population. But as far as I know there are some countries that are trying UBI with few people.

Krabby

sr. member

Activity: 644

Merit: 250

https://primedao.eth.link/#/

Quote from: Polo7 on September 14, 2020, 03:02:46 PM

btc is not good to pay our bills.,

we need new way of passive income goverments should start giving out universal income

there is need for passive income

who will vote for that?=

I don't think it is good for the government to distribute money to people. That will only lead to subjectivity for many households and people who just want to live in safety, in addition they will not want to develop any more. Therefore, this plan is completely not feasible, it will gradually lose people's enthusiasm to get rich.

Johny H.

newbie

Activity: 5

Merit: 0

Quote from: Polo7 on September 14, 2020, 03:02:46 PM

btc is not good to pay our bills.,

we need new way of passive income goverments should start giving out universal income

there is need for passive income

who will vote for that?=

This doesn't make a sense...

Twentyonepaylots

sr. member

Activity: 1918

Merit: 370

Quote from: Renampun on September 18, 2020, 04:36:53 AM

for small bills such as electricity, water, and credit Bitcoin can cover it...

nah bitcoin is not a passive income, I guess you are a trader but bitcoin won't pay your bills. It is very uncertain and risky in the most part, coz if it will do the job of paying then we all should be jumping into bitcoin.

Quote from: Renampun on September 18, 2020, 04:36:53 AM

but for my house rent, kitchen needs, and school fees for me Bitcoin can't cover it, This is why income outside of Bitcoin is important, and currently, I help my husband to meet our daily needs by selling masks online, the profit we get is enough to cover the heavy costs we incur every month, I am grateful for that.

There's no way you could make a lot with bitcoin, good for you coz you don't rely in bitcoin for paying your bills at home. It would be better if you got a job, a decent job where you can cover all your living expenses. Trading bitcoin, even with leverage does not secure anything from your bill responsiblity.

bitbollo

legendary

Activity: 3276

Merit: 3537

Nec Recisa Recedit

Each time that I have heard about these claims like "government should give an universal income" I starting to scratch my head. If everyone is gettin money just for making "nothing" how the world can continue to survive? what it could be the sense of the whole existence if everybody is eligible to live making nothing? Moreover at this point what it could be the right payment for hard worker in a situation like this?

I am seeing in some countries (like EU) there are some project that go straight in this direction just to help weak population.
Ok some people take an illegal advantage but I don't think that distribute free money to every body it can be a real advantage for humanity.

themohit

full member

Activity: 194

Merit: 100

Quote from: Polo7 on September 14, 2020, 03:02:46 PM

btc is not good to pay our bills.,
we need new way of passive income goverments should start giving out universal income

there is need for passive income
who will vote for that?=

I would vote for universal income 100% there were research and experiments with this economy approach and it showed itself as extremely efficient and positive overall.
Anyway, thats hardly related to bitcoin - it proved itself as digital gold which is not applicable to real life circumstances, but is useful to store funds.
The only reliable source of passive income that I personally know is dividends, but you have to invest a ton to get a living off of it.

ArIMy11

full member

Activity: 519

Merit: 101

Bitcoin don't pay our bills ? You mean because you can't earn enough money with bitcoin at this time ? Or the bitcoin can't be used to pay our bills?
Bitcoin is not yet accepted by most of the people even some Governments so yes bitcoin itself can't be use to pay our bills.
Regarding profit we are earning in crypto today, I say that it is not as big as before. As a signature campaign participant, it is harder for me now to find legit and good campaign unlike before. But at least I can earn money I can use to buy load for continuous surfing in internet crypto thing or not.
Passive income? Well during this time online seller of plants, cloths, beauty products are everywhere. They are using social medias to offer their products.
For me it still matters even how big or small I may earn in crypto.

Renampun

sr. member

Activity: 2338

Merit: 365

for small bills such as electricity, water, and credit Bitcoin can cover it...
but for my house rent, kitchen needs, and school fees for me Bitcoin can't cover it, This is why income outside of Bitcoin is important, and currently, I help my husband to meet our daily needs by selling masks online, the profit we get is enough to cover the heavy costs we incur every month, I am grateful for that.

abhiseshakana

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Activity: 2254

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From Zero to 2 times Self-Made Legendary

Quote from: crzy on September 17, 2020, 04:56:48 PM

You are asking for a free money which is too impossible to get from the government if you’re not part of the poorest of the poor. Bitcoin can help many people especially those who work hard to achieve their dreams and goals. If you are just stay dependent with your government, you won’t succeed in life better to start working now.

Work hard does not always end in success and wealth. It all depends on how we swap our time. If we are prosperous and have a little time, we can say that our hard work will be successful. But if we are poor and have a little time, we could be misappropriating our time. A simple analogy, as employees or part of a group, we position ourselves as assets or liabilities. If we are considered an asset it means that we generate positive input for the group and our productivity is high, as well as a burden. Bitcoin can make someone prosperous and have a lot of free time.

Practice make perfect, we can learn to get passive income from those around us, by not changing our assets into liabilities. For example, we have a car, we have to think about how our assets can be productive so that to pay vehicle taxes and car-related expenses is generated from car empowerment, for example by condensing it or making it a running advertising medium.

dwinrs

member

Activity: 994

Merit: 10

Quote from: Polo7 on September 14, 2020, 03:02:46 PM

btc is not good to pay our bills.,

don't be quick to conclude like this, if you know very well that bitcoin can help you in this difficult economic situation, it depends on you how to get this coin, if you work hard there will be results

Dorodha

member

Activity: 252

Merit: 11

Many people look at working in crypto as passive income you are right that wherever we make money success is not possible without hard work. Crypto is much better as a passive eye income it is not under the control of the government. The government does not bear any responsibility for this the right solution is possible if you use your talents to pay the bills. In case of payment with cryptocurrency you can convert it into US dollars.

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