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Topic: Bitcoin, is it worth spending time collecting it? - page 22. (Read 14661 times)

hero member
Activity: 1554
Merit: 654
Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?

I earn bitcoin as my freelance job. actually I do not have a daily job, and collecting bitcoin is my main job then. and it is worthful. I can earn money while I am studying. I do not need to go out and work, but I just need internet connection and my brain.

if you have daily job, do not leave it. you can collect bitcoin as your part-time job.
newbie
Activity: 42
Merit: 0
Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?

It is, but it is better if you buy bitcoin with your payroll from your daily job than collecting it from faucets, bitcoin is a great investment, but if you really want to earn from it, you need to learn how it works how its environment works, and gain experience from every transaction you make. those experience will make you aware of the risk surrounding bitcoin, but it will also make you aware when or where to make a transaction (trade, invest, save, sell etc..).

So what you say is that for the first times Imight lose my bitcoins? If I do, can I compensate or have them back? Will they be returned to my wallet?

You may lose it or not, it depends on you, if you are willing to learn about how bitcoin works and its trading system etc.. and be patient you might be able to earn without losing a big amount of bitcoin. everything you do about your bitcoin is up to you! you can earn from it or you may lose it.

   
legendary
Activity: 2352
Merit: 1087
Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?

It is, but it is better if you buy bitcoin with your payroll from your daily job than collecting it from faucets, bitcoin is a great investment, but if you really want to earn from it, you need to learn how it works how its environment works, and gain experience from every transaction you make. those experience will make you aware of the risk surrounding bitcoin, but it will also make you aware when or where to make a transaction (trade, invest, save, sell etc..).

So what you say is that for the first times Imight lose my bitcoins? If I do, can I compensate or have them back? Will they be returned to my wallet?

You may lose it or not, it depends on you, if you are willing to learn about how bitcoin works and its trading system etc.. and be patient you might be able to earn without losing a big amount of bitcoin. everything you do about your bitcoin is up to you! you can earn from it or you may lose it.
hero member
Activity: 770
Merit: 500
Yeah its worth collecting bitcoins because in future its demand will rise and supply will be less. So in future its price will increase. Demand for bitcoins will definitely increase because it has got so many plus points like it can be transferred without much fee from one part of the world to another within a short span of time as campared to paypal and other banks which cuts so much of money as processing fees. Another thing is its anonymous. none can find out whose this belong to .people who wants to hide their black money , its like a boon to them.So definitely in future , even a satoshi is going to be worth a lot of money.
hero member
Activity: 1092
Merit: 520
Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?

I would say no, it is defiantly better having a job, and buying bitcoin as we go.  if you can make a profit every day to allow you to live of bitcoin then fair play.
newbie
Activity: 42
Merit: 0
Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?

It is, but it is better if you buy bitcoin with your payroll from your daily job than collecting it from faucets, bitcoin is a great investment, but if you really want to earn from it, you need to learn how it works how its environment works, and gain experience from every transaction you make. those experience will make you aware of the risk surrounding bitcoin, but it will also make you aware when or where to make a transaction (trade, invest, save, sell etc..).

So what you say is that for the first times Imight lose my bitcoins? If I do, can I compensate or have them back? Will they be returned to my wallet?
legendary
Activity: 2352
Merit: 1087
Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?

It is, but it is better if you buy bitcoin with your payroll from your daily job than collecting it from faucets, bitcoin is a great investment, but if you really want to earn from it, you need to learn how it works how its environment works, and gain experience from every transaction you make. those experience will make you aware of the risk surrounding bitcoin, but it will also make you aware when or where to make a transaction (trade, invest, save, sell etc..).
newbie
Activity: 42
Merit: 0
Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?
if it should choose bitcoin or daily job I prefer to daily job than bitcoin because I earned a fixed salary in daily job my life needs to use money from the daily job is not bitcoin.
all investments can also experience loss not all benefit

Yeah I agree. But since investing on bitcoin is another way to make profit I would go for it. But I will only if I get to a certain point that it is worth spending my payroll on and I would thank you for your response. This is a digital investment so yes I would definitely take risks into account.

Reading the thread the way I see it you have the following options:

Keep your daily job and exchange some fiat to btc on weekly/monthly basis according your every day life needs.
Look if there is someone pays for your job or any extra skill you have with coins
Trading as main job is only for few very skillful and talented people. Learn to trade with small amounts of your funds and never keep all the eggs in the same basket  

Thanks. Yes I would try on a small scale and then move it up. And yes I need to keep my job because I love what I do and meanwhile I'll use some of my income to take care of the BTC part.
newbie
Activity: 42
Merit: 0
If you mean to buy bitcoin, yes it is worth it. But I wouldn't use the word collect though :p Buy, sell or just use are some good ones to use if you what to talk about btc Wink

Well Thanks for the heads up. I'll keep that in mind. Man you're being hard on me 😂 Grin
member
Activity: 107
Merit: 10
Bitcoin unionhead who's neglecting fiat :)
If you mean to buy bitcoin, yes it is worth it. But I wouldn't use the word collect though :p Buy, sell or just use are some good ones to use if you what to talk about btc Wink
sr. member
Activity: 406
Merit: 252
Veni, Vidi, Vici
Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?
if it should choose bitcoin or daily job I prefer to daily job than bitcoin because I earned a fixed salary in daily job my life needs to use money from the daily job is not bitcoin.
all investments can also experience loss not all benefit

Yeah I agree. But since investing on bitcoin is another way to make profit I would go for it. But I will only if I get to a certain point that it is worth spending my payroll on and I would thank you for your response. This is a digital investment so yes I would definitely take risks into account.

Reading the thread the way I see it you have the following options:

Keep your daily job and exchange some fiat to btc on weekly/monthly basis according your every day life needs.
Look if there is someone pays for your job or any extra skill you have with coins
Trading as main job is only for few very skillful and talented people. Learn to trade with small amounts of your funds and never keep all the eggs in the same basket  
hero member
Activity: 966
Merit: 506
Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?
I would say bitcoin is good investment because its price ll increase. It does not mean you need to leave your daily job or what ever.
I agree with you that you do not need to leave your daily job because of these unless you bitcoin earning way is a totally job or hard working job to earn which needs your time and effort to be with but like investment on bitcoin itself I guess leave it there and let it go while you are earning aside from that.
newbie
Activity: 68
Merit: 0
You can have the office and with that you can have some Bitcoin stored in your wallet
It won't take so much time to buy bitcoin
or you need not to buy btc everyday.

There is nothing else like faucets
that is time wasting for collecting bitcoin.
Yes there is Something like bitcoin trading
,but that is risky because you can loose your money for collect some btc..
Eitherway You won't find someone who left there work for collecting Bitcoin.
legendary
Activity: 3150
Merit: 1392
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I think bitcoin is at least very primising in terms of investment and effective in terms of earning. Even if you don't invest money in bt and just earn it slowly - after a few years you will get a nice sum of money. Daily job can stay as well, because bitcoin doesn't take much time. Even though now it is dropping in price, bitcoin still costs an amazingly big amount of money if we compare it with USD which is a strong currency as well.
hero member
Activity: 1456
Merit: 578
HODLing is an art, not just a word...
i believe it is. that is why i am a Bitcoin Hodler.
i believe in the future of bitcoin, and all these temporary changes doesn't excite me much. when see the rise to $1000 i am a little bit glad because i know it is 1/5 of the price i have in mind and when i see $770 i am still the same amount of glad Cheesy because it is still about 1/5 of the amount i have in mind.
newbie
Activity: 42
Merit: 0
I do not think that way, too, you must be a little smart to do that then you get the results that will exceed what you get rather than the result of the daily work that you get. And also you have to be able to manage it, because the one managing Bitcoin, then you work with Bitcoin will be in vain.

Well yeah of course all these efforts must result in success and benefit. If not then it would all be a waste of time and money.
hero member
Activity: 615
Merit: 500
I do not think that way, too, you must be a little smart to do that then you get the results that will exceed what you get rather than the result of the daily work that you get. And also you have to be able to manage it, because the one managing Bitcoin, then you work with Bitcoin will be in vain.
legendary
Activity: 2814
Merit: 1006
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yes it's worth for me and for some people earnings bitcoin could be daily jobs instead because earnings bitcoin also similar such as earnings money however i'm not full time for bitcoin because i have daily job but i considers earnings bitcoin could be my side job
newbie
Activity: 42
Merit: 0
Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?
I would say bitcoin is good investment because its price ll increase. It does not mean you need to leave your daily job or what ever.
Well yeah working with bitcoin doesn't mean that you have to give up all your jobs and daily stuff just to sit all day by the computer. It's all about time management and your choices of which area you wanna work with. What do you mean by saying "can bitcoin be more economical"? I'm not getting your point Cry

I mean depositing it rather than fiat.
legendary
Activity: 1400
Merit: 1009
Yes, collecting/buying bitcoin is worth it(on the long-run), i've been buying/collecting bitcoin from like 2+ years. it's like my only investment, whenever i have some extra dollars i buy e'm up lol.
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