Earning a living with bitcoin? - page 134.

nejibens

hero member

Activity: 672

Merit: 500

Quote from: Nemesis099 on March 09, 2016, 12:49:25 PM

Quote from: nejibens on March 09, 2016, 11:47:12 AM

Quote from: MaxTax on March 09, 2016, 09:42:12 AM

You will need a lot of Bitcoin. Because you will never know what can happen in the future. The value is impossible to predict and that is the problem.
You will never know what the price will be, so sometimes you are rich and sometimes you have no money and that is not good.

I think the Bitcoin's price will rise sooner or later for sure. So holdinf bitcoins couldn't be but a profitable idea in my opinion.

You mean to say that holding for long will not be profitable or holding at a moment will not be profitable? If you are talking about long term then I think yes holding too long cannot be profitable as you never know what would be the value in future.

Yes i mean holding bitcoins for the long term run couldn't for sure be profitable, but holding nowadays is already profitable way, because we expect that the price will increase soon.

jakelyson

legendary

Activity: 2240

Merit: 1069

Quote from: maddy123 on March 09, 2016, 02:56:30 AM

Quote from: n0ne on March 08, 2016, 08:53:26 AM

Earning a living with bitcoin is really difficult, if the price fluctuation is very high. Based on the price we need to make a decision whether to have a living with bitcoin or not.

Yeah, you are right. But if you want to living a life on btc, i think you have to be good gambler. Gambler may earn through which it can live its life. Gambling may be possible for the living of life on BTC.

Gambling is not a sure thing and relying on gambling bitcoin to earn a living is insane. You are throwing away your life if you really rely on it. As if the risk of living on bitcoin is not enough for you, you have to add the risk of gambling. What will happen to you if you encounter a bad week and had a losing streak? Where will you get your sustenance then?

diegz

hero member

Activity: 798

Merit: 500

★YoBit.Net★ 350+ Coins Exchange & Dice

Quote from: knowhow on March 10, 2016, 08:48:37 AM

This forum allows anyone to make some bitcoins montly,but isnt enought to survive you can get around 0.20btc month,soo isnt enought,there are some services as captcha and well some new project that may let you a live from bitcoin,the same way with altcoins you can invest at them and try to profit but isnt soo easy as it looks.

I think its not yet enough to serve as a main source of income... specially if we are just working on our bitcoin to earn, but I think if we are an investor, and we have a good capital, I think it will suffice for a simple living..

knowhow

hero member

Activity: 560

Merit: 500

This forum allows anyone to make some bitcoins montly,but isnt enought to survive you can get around 0.20btc month,soo isnt enought,there are some services as captcha and well some new project that may let you a live from bitcoin,the same way with altcoins you can invest at them and try to profit but isnt soo easy as it looks.

makingwin1

full member

Activity: 238

Merit: 100

Quote from: zaph3t on March 09, 2016, 12:54:52 PM

I dont think you can make a living on Bitcoin and I dont think this you can treat this Forum as a Source of Income.
You may earn some few Bitcoins here and there but you cant make a full living in here.
The Best way is to get or keep your daily Job then earn Bitcoin as a second income but dont count too much on it.

you dont have to make bitcoins only on the forum, you can try earning them by trading other cryptos or doing something like that

in my opinion earning a living with bitcoins is still possible if you can invest a lot of money now, after a few years your investment would most probably make you rich

zaph3t

sr. member

Activity: 294

Merit: 250

SynqCrypto Team

I dont think you can make a living on Bitcoin and I dont think this you can treat this Forum as a Source of Income.
You may earn some few Bitcoins here and there but you cant make a full living in here.
The Best way is to get or keep your daily Job then earn Bitcoin as a second income but dont count too much on it.

Nemesis099

full member

Activity: 205

Merit: 100

Quote from: nejibens on March 09, 2016, 11:47:12 AM

Quote from: MaxTax on March 09, 2016, 09:42:12 AM

You will need a lot of Bitcoin. Because you will never know what can happen in the future. The value is impossible to predict and that is the problem.
You will never know what the price will be, so sometimes you are rich and sometimes you have no money and that is not good.

I think the Bitcoin's price will rise sooner or later for sure. So holdinf bitcoins couldn't be but a profitable idea in my opinion.

You mean to say that holding for long will not be profitable or holding at a moment will not be profitable? If you are talking about long term then I think yes holding too long cannot be profitable as you never know what would be the value in future.

nejibens

hero member

Activity: 672

Merit: 500

Quote from: MaxTax on March 09, 2016, 09:42:12 AM

You will need a lot of Bitcoin. Because you will never know what can happen in the future. The value is impossible to predict and that is the problem.
You will never know what the price will be, so sometimes you are rich and sometimes you have no money and that is not good.

I think the Bitcoin's price will rise sooner or later for sure. So holdinf bitcoins couldn't be but a profitable idea in my opinion.

holydarkness

legendary

Activity: 2632

Merit: 1462

Yes, I'm an asshole

Quote from: ampere on March 09, 2016, 11:03:55 AM

Quote from: maddy123 on March 09, 2016, 02:56:30 AM

Quote from: n0ne on March 08, 2016, 08:53:26 AM

Earning a living with bitcoin is really difficult, if the price fluctuation is very high. Based on the price we need to make a decision whether to have a living with bitcoin or not.

Yeah, you are right. But if you want to living a life on btc, i think you have to be good gambler. Gambler may earn through which it can live its life. Gambling may be possible for the living of life on BTC.

I think you are joking right? What if you don't win and loose everything? And apart from that you also don't have a job which can take care of your financial needs then how you gonna survive mate.

I think by being a good gambler he means that you know when to stop and never put all your money into one session. It is indeed gambling make a fast course of gaining money, but without proper caution and calculation, they could also gone in a blink. Hence, a good decision is needed

ampere

full member

Activity: 1246

Merit: 116

Quote from: maddy123 on March 09, 2016, 02:56:30 AM

Quote from: n0ne on March 08, 2016, 08:53:26 AM

Earning a living with bitcoin is really difficult, if the price fluctuation is very high. Based on the price we need to make a decision whether to have a living with bitcoin or not.

Yeah, you are right. But if you want to living a life on btc, i think you have to be good gambler. Gambler may earn through which it can live its life. Gambling may be possible for the living of life on BTC.

I think you are joking right? What if you don't win and loose everything? And apart from that you also don't have a job which can take care of your financial needs then how you gonna survive mate.

MaxTax

sr. member

Activity: 322

Merit: 250

You will need a lot of Bitcoin. Because you will never know what can happen in the future. The value is impossible to predict and that is the problem.
You will never know what the price will be, so sometimes you are rich and sometimes you have no money and that is not good.

maddy123

newbie

Activity: 36

Merit: 0

Quote from: n0ne on March 08, 2016, 08:53:26 AM

Earning a living with bitcoin is really difficult, if the price fluctuation is very high. Based on the price we need to make a decision whether to have a living with bitcoin or not.

Yeah, you are right. But if you want to living a life on btc, i think you have to be good gambler. Gambler may earn through which it can live its life. Gambling may be possible for the living of life on BTC.

Shinpako09

legendary

Activity: 2058

Merit: 1015

Quote from: ?? on ??

Quote from: fruitcommander on March 08, 2016, 10:40:39 AM

I don't think that its an good idea to be dependent only on bitcoin, as it would be to risky if you leave your present job and make money only from bitcoins, as you always need some sort of back up to take care of your financial needs.

We cannot rely on bitcoin alone as a source of income, the volatility I think is the one that makes it harder to live with bitcoin alone, specially if you only have few coins in your wallet and you are not a trader...

Yeah having a real job is way better and you can earn money daily than going full time on bitcoin. In real job you can earn continues while in bitcoin maybe you can earn now but how bout tommorow. Its not totally profitable to make a living.

DimensionZ

sr. member

Activity: 350

Merit: 251

Shit, did I leave the stove on?

Really you left your job to become a full-time Bitcoiner? How are you feeling now are you happier than before? I doubt I will earn as much money as in my daily job if I were to leave.

nostal02

member

Activity: 112

Merit: 10

Quote from: iqlimasyadiqa on March 09, 2016, 12:38:27 AM

if you can be serious with bitcoin. then you can make a living even earn more money than working in the real world. if you are serious you will get everything.

Some of us really serious about bitcoin and left their job just to be a full time bitcoin earner,some of us have been in trading every since bitcoin got to exchanges and they are profiting from the current flow of bitcoin currency.

danherbias07

legendary

Activity: 3318

Merit: 1133

Leading Crypto Sports Betting & Casino Platform

Earning for extra cash could be the good answer for me.
Helps a lot. And the better thing is I dont need a piggy bank. I will just earn here and let my money grow for a while. It is like a bank on my own with a little twist.

iqlimasyadiqa

legendary

Activity: 1596

Merit: 1011

if you can be serious with bitcoin. then you can make a living even earn more money than working in the real world. if you are serious you will get everything.

FlyingSaucer

member

Activity: 78

Merit: 10

As they say 'Don't put all of your eggs in one basket' in this case Bitcoin but diversify your earning potential and reap the rewards from both sources.

bitbaby

hero member

Activity: 812

Merit: 1000

Quote from: ?? on ??

Quote from: fruitcommander on March 08, 2016, 10:40:39 AM

I don't think that its an good idea to be dependent only on bitcoin, as it would be to risky if you leave your present job and make money only from bitcoins, as you always need some sort of back up to take care of your financial needs.

We cannot rely on bitcoin alone as a source of income, the volatility I think is the one that makes it harder to live with bitcoin alone, specially if you only have few coins in your wallet and you are not a trader...

That and the regulation, until it is clear that dealing in Bitcoin is legal in your country, you shouldn't jump ship and rely totally on Bitcoin with your business but having been said, you can still add as an payment alternative to whatever services you're offering.

fruitcommander

full member

Activity: 196

Merit: 100

I don't think that its an good idea to be dependent only on bitcoin, as it would be to risky if you leave your present job and make money only from bitcoins, as you always need some sort of back up to take care of your financial needs.

Topic: Earning a living with bitcoin? - page 134. (Read 158503 times)