Earning a living with bitcoin? - page 130.

nostal02

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Quote from: jkrules on March 16, 2016, 12:59:26 AM

Quote from: lolgato1 on March 15, 2016, 07:41:27 PM

Living of off bitcoin is a incredibly risky thing to do as the price can go unstable leaving you not prepared so having both bitcoin and fiat is very much desirable.

it is very hard to earn any money for making a living with bitcoin, i think you have to have a company or any business to make good life...

You will need a lot of money to invest in bitcoin before you could profit or earn a living with bitcoin.
Like exchages or build a casino for instance,but it will really depends on how much capital you have.

jkrules

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Quote from: lolgato1 on March 15, 2016, 07:41:27 PM

Living of off bitcoin is a incredibly risky thing to do as the price can go unstable leaving you not prepared so having both bitcoin and fiat is very much desirable.

it is very hard to earn any money for making a living with bitcoin, i think you have to have a company or any business to make good life...

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Quote from: Kollor on March 14, 2016, 03:43:04 AM

I'm afraid you would be having a problem sustaining your life if you would just rely it in bitcoin, most of those who are engage in trading still have other jobs, considering that they are earning in it.. It means that it is not a sustainable source to rely on.. bitcoin is good, yes, we all know that, but I don't think that you could survive with it alone...

But I think if a person led a simple life with not extra luxuries in their life then he/she can rely on bitcoin alone, as bitcoin earning nowadays is able to give a simple life to a person. But one more thing if he have started a big business like a website or company online then he can earn good.

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Quote from: Farma on March 15, 2016, 08:06:23 PM

Quote from: lolgato1 on March 15, 2016, 07:41:27 PM

Living of off bitcoin is a incredibly risky thing to do as the price can go unstable leaving you not prepared so having both bitcoin and fiat is very much desirable.

you're right, to build a life with bitcoin is very risky, because the price is not stable, if you want to build a life with bitcoin you must save a lot of money and maybe a lot of work that does not produce a time like selling

Life is all about taking risks dude, if you never want to take a risk you'll never know and achieve what you want.
So do if you make bitcoin as field for living, it could make you success or not you'll never know if you didn't take that risks.

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Quote from: lolgato1 on March 15, 2016, 07:41:27 PM

Living of off bitcoin is a incredibly risky thing to do as the price can go unstable leaving you not prepared so having both bitcoin and fiat is very much desirable.

you're right, to build a life with bitcoin is very risky, because the price is not stable, if you want to build a life with bitcoin you must save a lot of money and maybe a lot of work that does not produce a time like selling

spendabit

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As with any new venture it's a really big challenge and you need to have a superior idea, plan things out well, work super hard at it each day and surround yourself with good, knowledgeable people. (Luck also helps! Cheesy

) This is especially so since Bitcoin is in a sense a startup itself and we are falling within this arena. So many of us are really like startup^startup! High risk but hopefully reward.

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Living of off bitcoin is a incredibly risky thing to do as the price can go unstable leaving you not prepared so having both bitcoin and fiat is very much desirable.

Bitinity

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Quote from: holydarkness on March 15, 2016, 01:24:34 PM

Come to my mind, I heard once that being a faucet owner could give a decent income. Could anyone clarify this? If it's true, then maybe it can be a good alternative.

If you have a faucet like freebitco.in or moonbit, I'm very sure you can make a living just from faucet. I'm not really sure about their faucet incomes from the ads, but I've ever heard that their income is decent enough.

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Quote from: Hellacopter on March 13, 2016, 08:10:15 PM

Earning a living with bitcoin is pretty possible but needs already working or starting with good invested amount. For some countries where the living's level is low i think even small amounts of bitcoins could help their people to earn living with bitcoin

Yes, the countries where a person can live with only about $300, then they can easily earn their living with bitcoin by doing some online tasks or job. And if they invest their earned amount then they can boost their earnings.

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Quote from: starbook on March 13, 2016, 12:43:52 PM

-snip-
You shouldnt try a big loan to go into bitcoin,even knowing that the price should go up ,i had that idea last year when price were at 250dollars,but i had requested already a loan and i were paying in on the time,if i had made that i would had sucess since price is 140 dollars difference between,i would had paid the loan with two weeks or less.But well i wont advise you to make a loan to go bitcoin,if you can pay it without the halving potencial income make it,risk otherwise dont risk to get a loan just to try make an income at bitcoin.

Yes, it is true, I will also suggest you not to take any loan for any business if there any risk involved, but try it with your own money. As if you faced any lose then it will be only a lose but if you faced lose with the loan money then it will not be only a lose but your life destruction.

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Quote from: holydarkness on March 15, 2016, 01:24:34 PM

Come to my mind, I heard once that being a faucet owner could give a decent income. Could anyone clarify this? If it's true, then maybe it can be a good alternative.

Not all man being a faucet owner you must have a patience before you reach your decent income weekly or monthly. if you make a faucet properly you can earn a day or a weeks profitable..

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Quote from: holydarkness on March 15, 2016, 01:24:34 PM

Come to my mind, I heard once that being a faucet owner could give a decent income. Could anyone clarify this? If it's true, then maybe it can be a good alternative.

Currently Faucets are not good for decent income as its going down very badly in my view if you provide services and selling things for bitcoin is much better then these faucets

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Come to my mind, I heard once that being a faucet owner could give a decent income. Could anyone clarify this? If it's true, then maybe it can be a good alternative.

simonloff

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Some people are making full-time business and profit off bitcoin, mostly those working for exchanges and gambling sites are ones making decent money from it.

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I think it depends of concrete person. Some people have a special skill of making money from nothing, another won't live a year even with million dollars.

Hellacopter

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I think the best method to earning a living with bitcoin is by creating your owned site with good marketplace accepting Bitcoin as payment processor, but that's need good budget to start this project and paying its fees

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Quote from: harizen on March 15, 2016, 10:51:21 AM

Quote from: safari88 on March 15, 2016, 08:58:07 AM

Quote from: JosNekoKopa on March 15, 2016, 08:48:25 AM

Good way for earning good money is providing other members services, such as converting BTC to skrill or paypal with minimal fee or something like this. From different reasons they just can't get this services different way.
Or some kind of escrow services..But you need green trust.

I think making the site exchangers will be better, the bitcoins trading site and altcoins trading it has a very big profit and you will never suffer losses.

Sounds easy huh?

With the lots of exchange sites today that builts it's repute it's hard to compete unless you have a really high amount to invest.

This is not a joke. You will need at leastBTC10,000 or more worth of capital to start and compete with other famous exchanges site.

I don't need to state the breakdown if you will got my point.

No. It won't be enough.

What you need is... A competitive advantage. Even with 10kbtc what will happen? Why would people use you and not their favorite exchange. Even famous exchanges like btc e have problems...

You have to get something special, unique, that will make some people actually move from their exchange to yours ^^

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Quote from: safari88 on March 15, 2016, 08:58:07 AM

Quote from: JosNekoKopa on March 15, 2016, 08:48:25 AM

Good way for earning good money is providing other members services, such as converting BTC to skrill or paypal with minimal fee or something like this. From different reasons they just can't get this services different way.
Or some kind of escrow services..But you need green trust.

I think making the site exchangers will be better, the bitcoins trading site and altcoins trading it has a very big profit and you will never suffer losses.

Sounds easy huh?

With the lots of exchange sites today that builts it's repute it's hard to compete unless you have a really high amount to invest.

This is not a joke. You will need at leastBTC10,000 or more worth of capital to start and compete with other famous exchanges site.

I don't need to state the breakdown if you will got my point.

Bitinity

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Quote from: safari88 on March 15, 2016, 08:58:07 AM

Quote from: JosNekoKopa on March 15, 2016, 08:48:25 AM

Good way for earning good money is providing other members services, such as converting BTC to skrill or paypal with minimal fee or something like this. From different reasons they just can't get this services different way.
Or some kind of escrow services..But you need green trust.

I think making the site exchangers will be better, the bitcoins trading site and altcoins trading it has a very big profit and you will never suffer losses.

Making and managing an exchange site is not easy, it needs a great preparation to start and of course great money as well. The risk is also so big, providing services for other members is even better than making an exchange site.

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Quote from: jakelyson on March 15, 2016, 08:26:05 AM

Quote from: knowhow on March 14, 2016, 03:55:53 PM

Quote from: DimensionZ on March 14, 2016, 01:02:45 PM

Bitcoin may be a way for some unemployed people to earn some cash till they find a stable, good-paying full time or several part time jobs to get a reasonable salary for their living standards. Bitcoin is just a hobby for my free time that is bringing me dividends.

Well for you and the most bitcoins comes as an extra to add to the real job,but for some people this turned into their work,offering a service related to bitcoin.Nowadays is harder to start any project and be able to compete with the current projects running already.

There are a lot or coders, designers and developers now in services section that it gets really hard to compete. In order to compete and make this a stable or full time job, you must be very damn good at your skills. This is one reason I am still part time in bitcoin and not taking it to the next level.

im still believe bitcoin will taking a next level . a lot personal bussines acept bitcoin now . what we need its a big company to doing that like
valve . facebook . or maybe google xD

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