Earning a living with bitcoin? - page 121.

mirana12345

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Quote from: betohell on March 26, 2016, 03:52:23 AM

Quote from: arbitrage on March 25, 2016, 01:29:49 PM

If you plan to live from BTC trading you must know all the risks included. Then you must learn alot about trading and platforms(bots , exchanges , services). And you must invest a lot of money, and you must stay tuned all the time because you can loose even more.

I thought for a trading job. does not require a long time. You can also do other work. because you did not at any time at the market. right? You can give an alarm when your order has been filled

Back in the day when price was soaring high, one could earn a bunch with no actual risk, just by arbing between exchanges (mostly with altcoins)
There's no such thing as safe trading if you are daytrading or guessing the price each time round imho.

knowhow

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Well i had been escrow from two members here and i didnt charged nothing ,i just helped two people to get what they wanna ,soo i had contributed to the community ,life isnt only money.Being able to have a such potencial life from bitcoin would mean make some project or be able to invest and trade altcoins at the best moment.

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Quote from: arbitrage on March 26, 2016, 02:52:04 AM

Escrow services are best way of making money here on this forum. Risk is low and you can create small business. These days only only secure and recommended tradings ones are through escrow services, but you can't start this before getting some green trust. This is very slow process but is very nice job if you asking me.

Do you have any experience with this?

betohell

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Quote from: arbitrage on March 25, 2016, 01:29:49 PM

If you plan to live from BTC trading you must know all the risks included. Then you must learn alot about trading and platforms(bots , exchanges , services). And you must invest a lot of money, and you must stay tuned all the time because you can loose even more.

I thought for a trading job. does not require a long time. You can also do other work. because you did not at any time at the market. right? You can give an alarm when your order has been filled

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Quote from: arbitrage on March 26, 2016, 02:52:04 AM

Escrow services are best way of making money here on this forum. Risk is low and you can create small business. These days only only secure and recommended tradings ones are through escrow services, but you can't start this before getting some green trust. This is very slow process but is very nice job if you asking me.

This interests me, how do I got green trust? I assume that it's not the only thing I need, because there are a lot of escrow out there already, so competition would be tough. How much can an user earn by being an escrow?

arbitrage

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Escrow services are best way of making money here on this forum. Risk is low and you can create small business. These days only only secure and recommended tradings ones are through escrow services, but you can't start this before getting some green trust. This is very slow process but is very nice job if you asking me.

holydarkness

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Quote from: arbitrage on March 25, 2016, 01:29:49 PM

If you plan to live from BTC trading you must know all the risks included. Then you must learn alot about trading and platforms(bots , exchanges , services). And you must invest a lot of money, and you must stay tuned all the time because you can loose even more.

And there were no better teacher than experience. Its better learn about them by experiencing it first-hand. Start on small until you're sure that your knowledge on trading is sufficient and yet even after that, never put all of your money into one coin, no matter how sure you are.

arbitrage

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If you plan to live from BTC trading you must know all the risks included. Then you must learn alot about trading and platforms(bots , exchanges , services). And you must invest a lot of money, and you must stay tuned all the time because you can loose even more.

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Quote from: KennyR on March 25, 2016, 11:29:38 AM

Quote from: jethrorn99 on March 25, 2016, 11:16:12 AM

It's hard to earn a living with btc. Except you do a really sucessful business or doing some services, living only with bitcoin is hard.

It's easier if you live in a third world country, but for europe and US? it's hard.

Living only with bitcoin is really hard as suggested by above mate. The varying bitcoin price gives comfort when the price is found high and life suffers with difficulty when price is low.

There's no difficulty living in bitcoin if you have a great skill and you are graduated in study.. if you have no brain you cant live in bitcoin.. just joining in signature campaign is not enough why don't you try to test your skill and offer to someone to earn bitcoins.. skills is always the best to make bitcoin that you can offer for some company or people here in our forum...

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Quote from: Daniel91 on March 25, 2016, 11:49:34 AM

Quote from: jethrorn99 on March 25, 2016, 11:16:12 AM

It's hard to earn a living with btc. Except you do a really sucessful business or doing some services, living only with bitcoin is hard.

It's easier if you live in a third world country, but for europe and US? it's hard.

It's true.
Even many businesses and merchants don't like Bitcoin and don't use it because its value is not stable yet and we are still not mainstream.
I think that first people joined Bitcoin community, with enough cash to buy a lot Bitcoin for the very law price, now can sell some of this BTC for much higher price and live from it.
Other possibility is to have some very successful online business, or HYIP, with a lot users, and make living from it.
Others average users like you or me, can't live from BTC.

[/quote

Merchants dont like or dont use bitcoin yet,they will ,but the most of them that use and accept it,since they receive the coin go directly to an exchange and its converted to fiat on the same moment,soo its useless get bitcoin to make that .Bitcoin allows someone to live just from it,but nowadays besides being hard is quite instable income soo you never know your income.

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Quote from: Bestwishes745 on March 25, 2016, 11:36:37 AM

Quote from: KennyR on March 25, 2016, 11:29:38 AM

Quote from: jethrorn99 on March 25, 2016, 11:16:12 AM

It's hard to earn a living with btc. Except you do a really sucessful business or doing some services, living only with bitcoin is hard.

It's easier if you live in a third world country, but for europe and US? it's hard.

Living only with bitcoin is really hard as suggested by above mate. The varying bitcoin price gives comfort when the price is found high and life suffers with difficulty when price is low.

but the payers do not pay a digit of bitcoins they actually pay a calculated amount for the work they want so when the price of bitcoin will drop the payers will increase the amount of bitcoin.

That's not realistic. Prayers doesn't gonna make some changes in the price. Only the speculations about bitcoin by various users give the increase and decrease.

Daniel91

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Quote from: jethrorn99 on March 25, 2016, 11:16:12 AM

It's hard to earn a living with btc. Except you do a really sucessful business or doing some services, living only with bitcoin is hard.

It's easier if you live in a third world country, but for europe and US? it's hard.

It's true.
Even many businesses and merchants don't like Bitcoin and don't use it because its value is not stable yet and we are still not mainstream.
I think that first people joined Bitcoin community, with enough cash to buy a lot Bitcoin for the very law price, now can sell some of this BTC for much higher price and live from it.
Other possibility is to have some very successful online business, or HYIP, with a lot users, and make living from it.
Others average users like you or me, can't live from BTC.

Bestwishes745

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Quote from: KennyR on March 25, 2016, 11:29:38 AM

Quote from: jethrorn99 on March 25, 2016, 11:16:12 AM

It's hard to earn a living with btc. Except you do a really sucessful business or doing some services, living only with bitcoin is hard.

It's easier if you live in a third world country, but for europe and US? it's hard.

Living only with bitcoin is really hard as suggested by above mate. The varying bitcoin price gives comfort when the price is found high and life suffers with difficulty when price is low.

but the payers do not pay a digit of bitcoins they actually pay a calculated amount for the work they want so when the price of bitcoin will drop the payers will increase the amount of bitcoin.

KennyR

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Quote from: jethrorn99 on March 25, 2016, 11:16:12 AM

It's hard to earn a living with btc. Except you do a really sucessful business or doing some services, living only with bitcoin is hard.

It's easier if you live in a third world country, but for europe and US? it's hard.

Living only with bitcoin is really hard as suggested by above mate. The varying bitcoin price gives comfort when the price is found high and life suffers with difficulty when price is low.

jethrorn99

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It's hard to earn a living with btc. Except you do a really sucessful business or doing some services, living only with bitcoin is hard.

It's easier if you live in a third world country, but for europe and US? it's hard.

Imste

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I used to live off altcoin trading way back. But quit after the market got sucked dry.

Now its back, and so am I!

busybee7

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now as bitcoin is so high with its price i doubt that you can possibly make a living out of it because its now growing really slowly

only if the bitcoin halving will happen and it will push the price up there will be a chance to make some good amounts of money

ronaldinho_07

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Quote from: thejaytiesto on March 24, 2016, 10:34:19 AM

Quote from: ronaldinho_07 on March 24, 2016, 09:21:38 AM

A friend mine with anothe friend has made a recreation of a sucess game,like minecraft thing,well at the start they werent able to get a good income but in around 6 months they hade making around 300 dollars ,these with just some 100 local players,they havent time to manage it and keep it online soo they just turned off it.This is just to show that a project to gets mature may take 1 year or more ,but as soon as an income keep paying all the cost involved at it you should invest.

Did they sell it on steam? There's a ton of minecraft clones going on, so the competition is very high to stand out.. but there are so many billions of kids obsessed with that game that if you find success in that niche you will most likely end up making decent amounts of money. I dont see that game ever going out fashion.

No they had developed the game based into another game and they use their computer to let the game running they were just childs,making a game where people could buy items to boost,and to get prizes,they had add deposits banks and some other service.Now they wanna to remake the game,they hadnt invest more then time and the internet bill on the game and were making a good income from above 6 months,but they went away one of the other and the game stoped ,now they are once again near soo they wanna to reborn it.I believe a good game and with some incentive can make a good income ,the thing is to manage and has a meta to the game be played for some people,around 200-500 persons active would be enought to make a good income,better then faucets i hope.

richmcrich

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Money is money regardless of where it come from, bitcoin might help get you by but in the end you need real things like food, clothing, and shelter and therefore would require USD to transfer between USD and BTC... you can make profit with bitcoin if that is what you are asking about.

andycarrol

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Quote from: simonloff on March 24, 2016, 10:43:02 AM

Quote from: DuckKeeper on March 22, 2016, 11:12:49 AM

It's definitely possible to make a living out of bitcoin, but you will have to invest allot of money to make allot of money back.
If you're not investing as much don't expect to make lots of money fast. If you start with a low budget it will take some time before you will earn lots of money.

Agreed, you would need some serious investment in bitcoin to be able to make a stable monthly profit, trading rarely can provide a stable profit so starting and running your own bitcoin project is the way IMO.

indeed the result of the trade is not stable. but trade can make you get high profits in a short time. I saw some friends who always get a big advantage in trade. even I ever saw him get 5 BTC in 2 days.

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