Author

Topic: Earning a living with bitcoin? - page 127. (Read 158503 times)

hero member
Activity: 1120
Merit: 507
March 19, 2016, 05:43:10 AM
I think it is possible to make a full time profit from bitcoin with a sufficient amount of coins and effort put into it to reach a constant daily or monthly income, I don't think it is easy though.
full member
Activity: 126
Merit: 100
March 19, 2016, 04:48:03 AM
I think only a small minority inside Bitcoin are making full-time profit with it, Mostly they are exchanges support and owners and gambling website operators, I doubt even big exchangers are using it.
legendary
Activity: 1330
Merit: 1019
March 18, 2016, 01:15:57 PM
Being a freelancer on the open market with such a fierce competition nowadays does not guarantee you a stable monthly income. Some months you will have a lot of work and some other you may very well be scraping just enough cash to pay your bills and food expenses.

Yes i think it would be very risky as your living will be dependent on the value of bitcoin, if price is higher you will not have financial crunches but if it falls, then you know it very well what will happen.

yeah, when the price is high then we can rely on it for living but when the price comes to low then the income becomes low, so unless the price is not stable we have to keep dollar as standard for service prices.

If famous in trading, then maybe you can earn a living with btc.

You dont need to be famous in trading all you need in trading is a lot of capital so when you sell something you will get a lot of money but if you have only a few capital then trading will make your life much harder.

If you want to earn a living with trading then only god can help you, as it is not a reliable source of income as it involves higher level of risk in it.
sr. member
Activity: 476
Merit: 250
March 18, 2016, 11:58:12 AM
Well there are several things that may allow you to live from bitcoin,being pioner with some project,has skills and the end of the list will be the lucky traders,if you can invest something and able to make it grow all days i believe you has the key to the sucess,knowing that trading is the hardest way to get a living from bitcoin.Its getting more hard to make some good project,the only things that looks like to keep borning is casinos and dice projects,they are the strong industry with bitcoin as payment .
full member
Activity: 168
Merit: 100
March 18, 2016, 11:42:39 AM
Being a freelancer on the open market with such a fierce competition nowadays does not guarantee you a stable monthly income. Some months you will have a lot of work and some other you may very well be scraping just enough cash to pay your bills and food expenses.

Yes i think it would be very risky as your living will be dependent on the value of bitcoin, if price is higher you will not have financial crunches but if it falls, then you know it very well what will happen.

yeah, when the price is high then we can rely on it for living but when the price comes to low then the income becomes low, so unless the price is not stable we have to keep dollar as standard for service prices.

If famous in trading, then maybe you can earn a living with btc.

You dont need to be famous in trading all you need in trading is a lot of capital so when you sell something you will get a lot of money but if you have only a few capital then trading will make your life much harder.
newbie
Activity: 42
Merit: 0
March 18, 2016, 11:39:52 AM
Being a freelancer on the open market with such a fierce competition nowadays does not guarantee you a stable monthly income. Some months you will have a lot of work and some other you may very well be scraping just enough cash to pay your bills and food expenses.

Yes i think it would be very risky as your living will be dependent on the value of bitcoin, if price is higher you will not have financial crunches but if it falls, then you know it very well what will happen.

yeah, when the price is high then we can rely on it for living but when the price comes to low then the income becomes low, so unless the price is not stable we have to keep dollar as standard for service prices.

If famous in trading, then maybe you can earn a living with btc.
hero member
Activity: 658
Merit: 500
March 18, 2016, 11:27:57 AM
Being a freelancer on the open market with such a fierce competition nowadays does not guarantee you a stable monthly income. Some months you will have a lot of work and some other you may very well be scraping just enough cash to pay your bills and food expenses.

Yes i think it would be very risky as your living will be dependent on the value of bitcoin, if price is higher you will not have financial crunches but if it falls, then you know it very well what will happen.

yeah, when the price is high then we can rely on it for living but when the price comes to low then the income becomes low, so unless the price is not stable we have to keep dollar as standard for service prices.
hero member
Activity: 756
Merit: 501
March 18, 2016, 11:10:10 AM
If it was so easy to make a living with bitcoin, with all the time years that it has existed, then there would not be any poverty. Because being poor drives people to try anything and everything to try and earn even a penny to live.
hero member
Activity: 966
Merit: 517
March 18, 2016, 11:04:26 AM
I don't think services,mining,signature campaigns and trading are stable incomes. For example 1 month noone will buy your services, the alt coin prices may crash to the ground, the signature campaigns may close shop and the trading may lead to a loss. Stable income is when you receive a fixed pay every month by an employer.

If you offer services and you have a good feedback to other who have tries your services then you will surely get a monthly income.
It really depends on how good you do your job,if you are sloppy then you wont get any monthly income.
It hard to have that of course. But you need to make an good investment and also have to work hard. That is important.
Otherwise it is not possible. But that also depends on the value that Bitcoin have and you never know that what it will be in the future.

Even if the price of bitcoin skyrockets we cannot afford to rely only on bitcoins, as we know that higher price is not permanent and it can fall back down in future.

but it is not difficult and hard that someone earn to live on bitcoin nowadays when there are a lot of different ways on internet to earn with bitcoin. If someone is intelligent he can earn in any situation with any opportunity.
legendary
Activity: 3374
Merit: 3095
Playbet.io - Crypto Casino and Sportsbook
March 18, 2016, 11:04:17 AM
Earning a living with the bitcoin is possible but its not so easy in my opinion because you will need a lot of money to invest.
So its not easy to do this but its certainly possible without a doubt.
I think you don't need to invest money to live with bitcoin.. you can offer your skills to some company or service in services section. you can live even you join in signature campaign and use the earnings of signature campaign to start trading and try to make some bitcoin there.
Or try to be a multi tasker while offering a service in services section you can trading and doing some simple task.. You can go to altcoin section they are Looking some developers for their altcoin.. and i think you can live if you do it all...
sr. member
Activity: 364
Merit: 250
March 18, 2016, 10:53:34 AM
Earning a living with the bitcoin is possible but its not so easy in my opinion because you will need a lot of money to invest.
So its not easy to do this but its certainly possible without a doubt.
hero member
Activity: 868
Merit: 1000
March 18, 2016, 06:32:20 AM
Being a freelancer on the open market with such a fierce competition nowadays does not guarantee you a stable monthly income. Some months you will have a lot of work and some other you may very well be scraping just enough cash to pay your bills and food expenses.

Yes i think it would be very risky as your living will be dependent on the value of bitcoin, if price is higher you will not have financial crunches but if it falls, then you know it very well what will happen.
sr. member
Activity: 350
Merit: 251
Shit, did I leave the stove on?
March 18, 2016, 05:21:15 AM
Being a freelancer on the open market with such a fierce competition nowadays does not guarantee you a stable monthly income. Some months you will have a lot of work and some other you may very well be scraping just enough cash to pay your bills and food expenses.
hero member
Activity: 924
Merit: 1000
March 18, 2016, 05:17:07 AM
I don't think services,mining,signature campaigns and trading are stable incomes. For example 1 month noone will buy your services, the alt coin prices may crash to the ground, the signature campaigns may close shop and the trading may lead to a loss. Stable income is when you receive a fixed pay every month by an employer.

If you offer services and you have a good feedback to other who have tries your services then you will surely get a monthly income.
It really depends on how good you do your job,if you are sloppy then you wont get any monthly income.
It hard to have that of course. But you need to make an good investment and also have to work hard. That is important.
Otherwise it is not possible. But that also depends on the value that Bitcoin have and you never know that what it will be in the future.

Even if the price of bitcoin skyrockets we cannot afford to rely only on bitcoins, as we know that higher price is not permanent and it can fall back down in future.
hero member
Activity: 714
Merit: 500
March 18, 2016, 04:22:48 AM
I don't think services,mining,signature campaigns and trading are stable incomes. For example 1 month noone will buy your services, the alt coin prices may crash to the ground, the signature campaigns may close shop and the trading may lead to a loss. Stable income is when you receive a fixed pay every month by an employer.

If you offer services and you have a good feedback to other who have tries your services then you will surely get a monthly income.
It really depends on how good you do your job,if you are sloppy then you wont get any monthly income.
It hard to have that of course. But you need to make an good investment and also have to work hard. That is important.
Otherwise it is not possible. But that also depends on the value that Bitcoin have and you never know that what it will be in the future.
full member
Activity: 364
Merit: 127
March 18, 2016, 03:48:16 AM
I don't think services,mining,signature campaigns and trading are stable incomes. For example 1 month noone will buy your services, the alt coin prices may crash to the ground, the signature campaigns may close shop and the trading may lead to a loss. Stable income is when you receive a fixed pay every month by an employer.

If you offer services and you have a good feedback to other who have tries your services then you will surely get a monthly income.
It really depends on how good you do your job,if you are sloppy then you wont get any monthly income.
full member
Activity: 224
Merit: 100
Defender of Bitcoin
March 18, 2016, 03:30:48 AM
I don't think services,mining,signature campaigns and trading are stable incomes. For example 1 month noone will buy your services, the alt coin prices may crash to the ground, the signature campaigns may close shop and the trading may lead to a loss. Stable income is when you receive a fixed pay every month by an employer.
legendary
Activity: 966
Merit: 1000
TRUMP IS DOING THE BEST! MAKE AMERICA GREAT AGAIN!
March 18, 2016, 03:24:09 AM
If you have good starting position mining is very profitable business. And if you have cheap electricity even better.
 But best is combination of few small business relate to bitcoin. Signature+mining+services+trading.
The way you are always in btc and one will always be profitable.
But are any of these guaranteed ways to give you a stable income? I wouldn't rely just on these to live off of.
sr. member
Activity: 476
Merit: 250
March 18, 2016, 03:20:16 AM
If you have good starting position mining is very profitable business. And if you have cheap electricity even better.
 But best is combination of few small business relate to bitcoin. Signature+mining+services+trading.
The way you are always in btc and one will always be profitable.
legendary
Activity: 2688
Merit: 1026
Hire me for Bounty Management
March 17, 2016, 04:56:47 PM
Earning a living with bitcoins seems very hard to do considering the volatility of it.
You can take volatility to your advantage if you know the basics of trading.You dont need to have lots of bitcoins to make living off it but even if you have 1 btc you can earn some decent amount everyday by trading.But remember it also involves risk
Jump to: