Earning a living with bitcoin? - page 136.

Zacudis

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Quote from: HostSurf on March 07, 2016, 09:28:24 AM

Quote from: DimensionZ on March 07, 2016, 08:53:30 AM

I don't think quitting your job to dive fulltime into Bitcoin is wise. The price may crash any time there is no guarantee that it will keep rising endlessly. You always need to have a backup plan in case of a bad development with your Bitcoin investments.

Earning a living with the bitcoin is possible for sure but also has some risk if you ask me due to the point there is a chance the bitcoin will collapse.
I think its good and if you invest a lot of money in the bitcoins you can make a lot of profit for sure, also because of the halvings in the future years of the bitcoins.

Yes. There is a possibility that bitcoin will collapse. So we have to work hard and unite the community to develop the bitcoin further.

HostSurf

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Quote from: DimensionZ on March 07, 2016, 08:53:30 AM

I don't think quitting your job to dive fulltime into Bitcoin is wise. The price may crash any time there is no guarantee that it will keep rising endlessly. You always need to have a backup plan in case of a bad development with your Bitcoin investments.

Earning a living with the bitcoin is possible for sure but also has some risk if you ask me due to the point there is a chance the bitcoin will collapse.
I think its good and if you invest a lot of money in the bitcoins you can make a lot of profit for sure, also because of the halvings in the future years of the bitcoins.

Betwrong

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Quote from: DimensionZ on March 07, 2016, 08:53:30 AM

I don't think quitting your job to dive fulltime into Bitcoin is wise. The price may crash any time there is no guarantee that it will keep rising endlessly. You always need to have a backup plan in case of a bad development with your Bitcoin investments.

Yeah you might always worry about do you have a proper back up plan and then a back up plan on a back up plan and so on. The thing is though you can't take into account everything, you'll always miss something important and thus your plans however wise they might be fail at some point.

If I have the opportunity to earn my living exclusively from Bitcoin I'd fall for it immediately without having any back up plan.

randy8777

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Quote from: DimensionZ on March 07, 2016, 08:53:30 AM

I don't think quitting your job to dive fulltime into Bitcoin is wise. The price may crash any time there is no guarantee that it will keep rising endlessly. You always need to have a backup plan in case of a bad development with your Bitcoin investments.

to avoid any volatility you can make a deal where you get paid a certain fiat amount in bitcoin before or after you have completed the job. you can then simply transfer the coins to fiat if you so wish. don't see a real problem here.

DimensionZ

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Shit, did I leave the stove on?

I don't think quitting your job to dive fulltime into Bitcoin is wise. The price may crash any time there is no guarantee that it will keep rising endlessly. You always need to have a backup plan in case of a bad development with your Bitcoin investments.

knowhow

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Thats one thing that scares the most the instability of bitcoin,or any investment nowadays make us regret not be part soon or to havent left before the dumps,one thing is sure that still being people able to get a life from bitcoin arent many but still be possible.

Amph

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Quote from: Nemesis099 on March 06, 2016, 08:53:28 PM

If I am earning a descent amount from bitcoins, then I would think of quitting my job in future, but depends on the value of bitcoins, with present value I simply cannot afford to quit my job.

if you take a look at the real value of bitcoin, you will notice that the real value is the bottom that emerge after the final consolidation

so you can base your earning and your decision of going full bitcoin on that, yes there is not 100% security(not even with your fiat in the bank) but you can be more secure that at that value bitcoin will not be dumped easily

Nemesis099

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If I am earning a descent amount from bitcoins, then I would think of quitting my job in future, but depends on the value of bitcoins, with present value I simply cannot afford to quit my job.

Yakamoto

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Quote from: ShrykeZ on March 06, 2016, 08:10:37 PM

Quote from: jchst on March 06, 2016, 08:05:00 PM

Well i hope the question isnt just to bitcoin ,i mean the others altcoins these week were been pumped soo some people made easy income that they turned into bitcoins,like eth were on 200k now worthing 3000k soo who had the coin and balls to hold till see the limit made a huge profit very easy,soo its possible to get income from altcoins,even bitcoin but just some of us has the lucky to be on the right moment and hold the coins.

Yeah altcoin investment is a great way although can take a long time to see rewards...

Some altcoins do end up generating its users a fair amount of wealth for their respective investors, but most of the time it is quite risky to invest in various alts as there is very little guarantee that you'll be able to make any money off of it.

ShrykeZ

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Quote from: jchst on March 06, 2016, 08:05:00 PM

Well i hope the question isnt just to bitcoin ,i mean the others altcoins these week were been pumped soo some people made easy income that they turned into bitcoins,like eth were on 200k now worthing 3000k soo who had the coin and balls to hold till see the limit made a huge profit very easy,soo its possible to get income from altcoins,even bitcoin but just some of us has the lucky to be on the right moment and hold the coins.

Yeah altcoin investment is a great way although can take a long time to see rewards...

jchst

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Well i hope the question isnt just to bitcoin ,i mean the others altcoins these week were been pumped soo some people made easy income that they turned into bitcoins,like eth were on 200k now worthing 3000k soo who had the coin and balls to hold till see the limit made a huge profit very easy,soo its possible to get income from altcoins,even bitcoin but just some of us has the lucky to be on the right moment and hold the coins.

LeNakko

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If you want to make a living only from bitcoins, you really have to dedicate yourself to it. It doesnt mean that you can only sit in front of pc screen 18 hours a day and woualla. You have to learn a lot about bitcoins. Faucets and multipliers will not make you a considerable profit as it is low income and very risky (in this case multipliers). You could also invest a high amount of your profit to HYIP, but it is also risky as you give your Money to some strangers, hoping that they will make a bigger profit from them. Probably the best way to make decent amount of Money is to speculate with them on the market, because nowadays bitcoins market is pretty unstable and it scales up and down in pretty big amounts. But as I have said before, it also has a chance of risk. So if you want to get a fair amount of Money, you have to take some risk.

Zaun

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Forza Roma

Quote from: bonski on March 04, 2016, 05:57:29 PM

Quote from: CryptoBjorn on March 04, 2016, 05:52:24 PM

Quote from: 7a7a on March 04, 2016, 03:59:30 PM

i don't think now there is a time to fully dedicate your time to work for bitcoin i think the beset way is to have like side jobs with bitcoin and that way you will have extra income without risking your full time job the good thing is unemployed people could make some money doing jobs for bitcoin

Unless you have a service with pays you enough you can't just work in bitcoin. Most good jobs are taken or even more pay less. Meaning not enough to make a living.
It will ony change when bitcoin goes mainstream.

But bitcoin is in a mainstream today, if you have skills that you can sell or services then you can make it for a living but yeah youre right it is true that is not enough to make a living , you must have a lot of knowledge, skills and time to earn for a living in btc

Its possible but the most people cannot give something in trade for bitcoins, the most people do not have a job in the tech world so that is a difficult point to gain it for services by than.
I think you can earn a living with it by just investing a lot of bitcoins and than later sell them for a high price.

Randian Hero

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I've been living off Bitcoin first as an early adopter and phasing into living only from Bitcoin because now involved in a Bitcoin based business. I think most people that are actually making money with Bitcoin are either into some form of exchange or affiliate business. Quite a few people are living off of trading on localbitcoins.com. Other than that I can only imagine gambling and drugs as businesses that bring in enough to get a steady pay.

Wapinter

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It is not possible to earn livings with bitcoins because there are not many jobs available that pays in bitcoin.Early adopters and miners are exceptions for they have hit the fortune

cameltoe

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With bitcoins I don think there's a such thing as "earning a living". More like gambling for a living lmao Grin

bitbabba

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The Exchange for EOS Community

Yes, I earn by investing in bitcoin projects. One of them you can see in my signature. It is a good way for passive income

knowhow

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Quote from: Amph on March 06, 2016, 05:52:53 AM

Quote from: justspare on March 06, 2016, 02:56:41 AM

If you make a shit tonne of alt accounts and then sign up for a lot of signature campaigns and then spam everyday of your life. Very easy.

not really possible, many signature are closed, and spamming with low rank account, can only earn you a very tiny profit

you need something like 50 account to do this with good profit based on the time wasted, unless you can automate all the account, but they will be most likely banned

If someone were able to automate this thing i would be scared and pissed for sure,is hard to work with one account and as you stated most signatures are already full,just some that keep the doors open and to get a decent ammount at signatures is required atleast to be sr.member that needs atleast around 9 months to achieve from activity.

mynameisdon

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i am don(ripper's big daddy).i clean scammers.

Quote from: justspare on March 06, 2016, 02:56:41 AM

If you make a shit tonne of alt accounts and then sign up for a lot of signature campaigns and then spam everyday of your life. Very easy.

do you really think like this?
ok,if yes then you are absolutely wrong.because if you follow this way most of this conditions will applied with you-

1)your post quality-if you dream to make lot of account and join lot of campaign and start to posting amd earning just forget it.because butcointalk is not fool.they can track your activity.
and also your post quality will become down.because one person think like on,and i hope you are not mastermind... lol

2)banned from account-if bitcointalk found you have joined multiple account,they will banned all of your account without notice you.

3)payment issue-if they got your invalid activities on this forum you will not paid anything yet you posted lot.

4)banned your ip- also after scamming activity they can banned your ip forever so that you can never make another account in future.

and not only this you will f*** completely on the spot if you try to do like that.
thanks hope you understand all.

mynameisdon

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i am don(ripper's big daddy).i clean scammers.

if you ask me,then of course i can earn for living with bitcoin project. just like trading,little from signature campaign, investment on trusted cloud mining sites.
but in present time i am not depended on only bitcoin.but if you really want to earn enough for full living,you have to be serious for that.and also make sure what are you actually doing. because most of bitcoin projects directly depended on its flexibility.

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