Earning a living with bitcoin? - page 128.

stromma44

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Quote from: nejibens on March 17, 2016, 12:47:25 PM

Quote from: celic95 on March 17, 2016, 11:49:09 AM

I don't exactly do that, And bitcoin is just a side-job for me, But I seen some people in this forum doing that and are relatively good occupation standards, Either running or working at bitcoin exchanges or sites.

You have to keep learning and reading in this forum, and build your account here too, so you will conclude that it's possible to earning a living with Bitcoin

No mate, not possible at a moment to earn a living with bitcoin, as you cannot afford to leave your full time job and get on this forum for full time.

KFCBTC

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If you do alt coin mining at home I think you could make enough or near enough money to pay your bills or food for the month at least and use the rest of your salary for entertainment or vacations and such but it is barely a full time job.

nejibens

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Quote from: celic95 on March 17, 2016, 11:49:09 AM

I don't exactly do that, And bitcoin is just a side-job for me, But I seen some people in this forum doing that and are relatively good occupation standards, Either running or working at bitcoin exchanges or sites.

You have to keep learning and reading in this forum, and build your account here too, so you will conclude that it's possible to earning a living with Bitcoin

celic95

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I don't exactly do that, And bitcoin is just a side-job for me, But I seen some people in this forum doing that and are relatively good occupation standards, Either running or working at bitcoin exchanges or sites.

fruitcommander

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Quote from: Nameless Coin on March 17, 2016, 08:37:37 AM

That will be not possible. Because you need a lot and that is very hard to get it. And you also never know what the value will be and that is the problem.
The best thing is that you must see Bitcoin as a bonus and that will be very good. But you never know what can happen.

At a moment treating it as an extra income would be good, as if you make it your full time income then you find go through financial crisis in future if bitcoin price drops down.

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Quote from: yoswoos on March 16, 2016, 03:28:25 PM

Earning a living with bitcoins seems very hard to do considering the volatility of it.

Not actually, If you are a trader, this is an advantage to you, and probably a good chance to earn because of volatility... but if you are an ordinary collector, the effect might not be good and probably you won't be earning for a living..

Quite yes for a trader. "Trader"

But to make living thru bitcoin, all trading funds must only used in trading purposes and not in your general financial purposes in life. It will just ruined your supposedly profit.

Much better if we don't rely on bitcoin itself to make living. You, your family needs to eat at least three times a day, and that is 24/7. Treat your bitcoin earnings as your financial backup.

Nameless Coin

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That will be not possible. Because you need a lot and that is very hard to get it. And you also never know what the value will be and that is the problem.
The best thing is that you must see Bitcoin as a bonus and that will be very good. But you never know what can happen.

avw1982

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Quote from: yoswoos on March 16, 2016, 03:28:25 PM

Earning a living with bitcoins seems very hard to do considering the volatility of it.

Not actually, If you are a trader, this is an advantage to you, and probably a good chance to earn because of volatility... but if you are an ordinary collector, the effect might not be good and probably you won't be earning for a living..

I have been using bitcoin earning as a second job for some time now and i have to say it is possible to earn a living with bitcoin but the problem is that you can not rely on bitcoin or bitcoin earning every month to pass your life.

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Quote from: yoswoos on March 16, 2016, 03:28:25 PM

Earning a living with bitcoins seems very hard to do considering the volatility of it.

There are lot to consider when making a living through bitcoin. People always look for something bigger. Well, it can be done here but through a large investment of bitcoin plus mining and other stuff.

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Quote from: tn211 on March 16, 2016, 03:39:05 PM

Earning a living with the bitcoin is possible but you should never invest too much in the bitcoin if you do not have the money for it
It can be easily done but you should do more things at once, just hold some bitcoins but you should also trade because there you can also make profit with.

You cannot be dependent only on trading as it is really risky affair and you cannot afford to depend only on bitcoin for earning a living with it as you never where bitcoin will stand in future, bicoin is always good as an passive income.

tn211

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Earning a living with the bitcoin is possible but you should never invest too much in the bitcoin if you do not have the money for it
It can be easily done but you should do more things at once, just hold some bitcoins but you should also trade because there you can also make profit with.

yoswoos

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Earning a living with bitcoins seems very hard to do considering the volatility of it.

JosNekoKopa

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Quote from: sachung on March 16, 2016, 02:34:27 PM

Some big gambling websites and exchangers making full-time job with bitcoin, not allot though.

How much bitcoins is needed for opening of exchange or gambling site?
I believe this is not small investment and requires many security precautions so this is not good business for starters.
And over night you can become victims of some smart kid, with kali on laptop..

sachung

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Some big gambling websites and exchangers making full-time job with bitcoin, not allot though.

GermanFoobla

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Earning a living with the bitcoin itself is possible but you should than also invest a lot of money.
And investing is something that always would be risky, so keep in mind that there are risks.

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Quote from: GamingBro on March 16, 2016, 01:31:02 PM

Quote from: toolbox on March 16, 2016, 09:15:22 AM

If you want to make profit from bitcoin as a full time job then you would need to run a business related to it like a gambling website or an exchange or some large sized business IMO.

I am fully support you, people who think that's they will click on theirs mouses and live on it are dumbs. No pain no gain! Need a lot of hard work for earning and living with bitcoin.

has an exchanger sites really very favorable, and this is very good for long-term investments with outstanding results. such as local exchanger in my country, every withdrawal charge 1% min around $2 and may every day certainly many people who make a withdrawal.

GamingBro

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Quote from: toolbox on March 16, 2016, 09:15:22 AM

If you want to make profit from bitcoin as a full time job then you would need to run a business related to it like a gambling website or an exchange or some large sized business IMO.

I am fully support you, people who think that's they will click on theirs mouses and live on it are dumbs. No pain no gain! Need a lot of hard work for earning and living with bitcoin.

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Quote from: nejibens on March 16, 2016, 12:15:26 PM

Quote from: danherbias07 on March 16, 2016, 11:59:22 AM

How about earning something through bitcoin. That would be a lot appropriate right? I earn something here though it is not for a living it is still something. I get some of my expenses thru doing some sidelines and I feel like my salary got up adding up my profits here.

I think you mean earning from the signature campaign, it's not bad at all but we can't say that it's for a living as you noticed, it's just extra small income.

For some people in poorer countries, a signature campaign can be the difference between being below the status quo and being somewhat above average.

Some people even have the capacity to make enough money by running multiple high-up accounts, so they could be making a pretty good amount as well.

I do doubt, however, anyone's capacity to make a living just from signature campaigns.

jt byte

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Quote from: matete on March 16, 2016, 06:08:26 AM

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Quote from: ASHLIUSZ on March 16, 2016, 05:01:54 AM

bitcoin is a great option for earning extra cash. to say in simple words, bitcoin is the best way to mine your own wealth...

No, not really...you can't rely your daily living on bitcoin, mining would not be profitable one day, even those investors who invested in trading, still have other sources of their income.. So this must be considered as side job and not a source of income..

Just like any other investment venture, bitcoin is a very good way of earning a living. Someone cannot claim to rely on bitcoin entirely for his livelihood due to the instability in the bitcoin prices. If you don't do homework correctly, you mind end up wiping your whole investment due to unforeseen price changes that normally occur in bitcoin trading.

Indeed, you are partly right, I think its possible but you should not go full time in the bitcoin.
Due to the fact the bitcoin stays a investment with risks going full time in it is not smart in my opinion.
If it gets stable its also get a lot difficult to trade or earn a living from it because the point is that the bitcoin does go to a high amount anymore, its stays than on one price.

nejibens

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Quote from: danherbias07 on March 16, 2016, 11:59:22 AM

How about earning something through bitcoin. That would be a lot appropriate right? I earn something here though it is not for a living it is still something. I get some of my expenses thru doing some sidelines and I feel like my salary got up adding up my profits here.

I think you mean earning from the signature campaign, it's not bad at all but we can't say that it's for a living as you noticed, it's just extra small income.

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