Earning a living with bitcoin? - page 38.

jakelyson

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Quote from: johny87 on August 23, 2016, 05:49:07 AM

I don't and think only a few minority actually make a living with bitcoin, mostly people running exchanges and those operating gambling sites since these are the biggest investments with btcoin.. probably not more than hundreds.

Maybe those who are having a good life because of bitcoins are those owners of gambling sites and exchanges. But I think there are also people making enough from trading. And those who live on the third word country can buy meals for a day from signature campaign. So if you are frugal and do not have a family to support, you can live from bitcoin income even if you do not own a website or an exchange.

Mastsetad

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Quote from: TimmyQue on August 23, 2016, 12:02:46 PM

I guess the majority of people here don't actually make a living from bitcoin, I think only a limited amount of people maybe few dozens actually earn a living with it.

The reason for that is lack of knowledge or skills, the ones who are making livings with bitcoin are the ones who own some great skills or knowledge about the things like trading or programming designing, or some of them are the ones who own websites like exchanges or casinos so for such people it is not hard to make a living with bitcoin but it is hard for us who are just earning some bitcoins from campaigns and a little bit from trading sometimes.

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Quote from: purebitco on August 23, 2016, 01:17:31 PM

Quote from: TimmyQue on August 23, 2016, 12:02:46 PM

I guess the majority of people here don't actually make a living from bitcoin, I think only a limited amount of people maybe few dozens actually earn a living with it.

even though i dont make a living out of bitcoins at the moment i sometimes manage to get a little bit of profit out of it

Yeah its still not recommend to live in bitcoin because we dont know how long will the price is high or how bitcoin will be alive for a long time..
Since bitcoin is just alternative payment processor online.. so its not good to live in bitcoin. make this hobby is one of the best for bitcoin.

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Quote from: TimmyQue on August 23, 2016, 12:02:46 PM

I guess the majority of people here don't actually make a living from bitcoin, I think only a limited amount of people maybe few dozens actually earn a living with it.

even though i dont make a living out of bitcoins at the moment i sometimes manage to get a little bit of profit out of it

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Quote from: crairezx20 on August 23, 2016, 12:45:18 PM

Quote from: krishna1 on August 23, 2016, 12:07:44 PM

honestly i can not think about living a life with only bitcoin support because i do not earn even 200$-300$ per month i earn like 50$ per month so its really impossible if i even try that type of thing with this or any altcoin

If you are just staying signature campaign you can only earn that amount better to many things do many task and be hard worker like doing bounties in altcoin section doing simple task in services section. doing it all if you are multi tasker you can earn a good amount not only 50$ per month..

if only to get $50, I can get more than $50/month from Signature campaign. then I get more income from trading altcoin. I think you have to collect the results of the signature campaign, then grow it in trading. I am sure you can get around $200-300 per month.

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Quote from: krishna1 on August 23, 2016, 12:07:44 PM

honestly i can not think about living a life with only bitcoin support because i do not earn even 200$-300$ per month i earn like 50$ per month so its really impossible if i even try that type of thing with this or any altcoin

If you are just staying signature campaign you can only earn that amount better to many things do many task and be hard worker like doing bounties in altcoin section doing simple task in services section. doing it all if you are multi tasker you can earn a good amount not only 50$ per month..

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Quote from: delliaerd on August 23, 2016, 07:11:22 AM

Quote from: johny87 on August 23, 2016, 05:49:07 AM

I don't and think only a few minority actually make a living with bitcoin, mostly people running exchanges and those operating gambling sites since these are the biggest investments with btcoin.. probably not more than hundreds.

In the other case is living with bitcoin is very profitable to try. Because it have fluctuations relative profitable too. When someone decided to make a living with bitcoin it can be nice or even except. But i know someone who make a living with bitcoin by trading bitcoin as well. He have so big capital and it can give they much money enough even more to complete his family necessities.

Nice to hear someone actually surviving and supporting their family with bitcoin alone. It means it really is possible even now that the price is low. I guess trading is the real answer if you want to earn a living in bitcoin. Problem is, trading is not for everyone. It is only for those who have initial.capital and trading skills.

krishna1

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honestly i can not think about living a life with only bitcoin support because i do not earn even 200$-300$ per month i earn like 50$ per month so its really impossible if i even try that type of thing with this or any altcoin

TimmyQue

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I guess the majority of people here don't actually make a living from bitcoin, I think only a limited amount of people maybe few dozens actually earn a living with it.

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Quote from: Hide_ip112 on August 23, 2016, 11:12:10 AM

Quote from: keaderza on August 23, 2016, 11:09:40 AM

I "like most of us here" would love to go full time with bitcoin, but like many of us i know that it can be very risky. Which is why I am waiting for bitcoin to be come more established and mainstream to worth something considerable in value. Perhaps 3-5 years waiting time is needed for this to happen..

a risk is a challenge for us to decide the fate. If you are too afraid of the risk then your life will not change, because you do not take the test to change your life. So we must be sure to buck up against us, bitcoin now better and will always give you an advantage.

Well, even if you build a life using the dollar will remain a risk that you will face, however, I felt that to build a life with bitcoin could be more difficult. although it is possible but the current price of bitcoin was unstable, sometimes up and sometimes down, so even if you have prepared many bitcoin for it, but it will not guarantee that you can have a lot of money every time

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Quote from: keaderza on August 23, 2016, 11:09:40 AM

I "like most of us here" would love to go full time with bitcoin, but like many of us i know that it can be very risky. Which is why I am waiting for bitcoin to be come more established and mainstream to worth something considerable in value. Perhaps 3-5 years waiting time is needed for this to happen..

a risk is a challenge for us to decide the fate. If you are too afraid of the risk then your life will not change, because you do not take the test to change your life. So we must be sure to buck up against us, bitcoin now better and will always give you an advantage.

keaderza

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I "like most of us here" would love to go full time with bitcoin, but like many of us i know that it can be very risky. Which is why I am waiting for bitcoin to be come more established and mainstream to worth something considerable in value. Perhaps 3-5 years waiting time is needed for this to happen..

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Quote from: delliaerd on August 23, 2016, 07:11:22 AM

Quote from: johny87 on August 23, 2016, 05:49:07 AM

I don't and think only a few minority actually make a living with bitcoin, mostly people running exchanges and those operating gambling sites since these are the biggest investments with btcoin.. probably not more than hundreds.

In the other case is living with bitcoin is very profitable to try. Because it have fluctuations relative profitable too. When someone decided to make a living with bitcoin it can be nice or even except. But i know someone who make a living with bitcoin by trading bitcoin as well. He have so big capital and it can give they much money enough even more to complete his family necessities.

It is possible to make a good money trading with bitcoin as it has more volume and it fluctuates hard at a given day, day traders are making a good money having a good capital as they can take advantage even with a little fluctuation, a certain percentage for a day is already a good profit.

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Quote from: johny87 on August 23, 2016, 05:49:07 AM

I don't and think only a few minority actually make a living with bitcoin, mostly people running exchanges and those operating gambling sites since these are the biggest investments with btcoin.. probably not more than hundreds.

In the other case is living with bitcoin is very profitable to try. Because it have fluctuations relative profitable too. When someone decided to make a living with bitcoin it can be nice or even except. But i know someone who make a living with bitcoin by trading bitcoin as well. He have so big capital and it can give they much money enough even more to complete his family necessities.

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Quote from: johny87 on August 23, 2016, 05:49:07 AM

I don't and think only a few minority actually make a living with bitcoin, mostly people running exchanges and those operating gambling sites since these are the biggest investments with btcoin.. probably not more than hundreds.

Yea right only those who are running a gambling site or a bitcoin casino and also which is giving good response are the only one who are making a living with bitcoin otherwise bitcoin acts as a partime income for me besides of my full work which i do which i can do in my free time and can earn some extra money with bitcoin not making a living with it.

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Quote from: tygeade on August 20, 2016, 06:55:49 AM

Quote from: bitsoldiers on August 20, 2016, 06:22:24 AM

yea...I earn living with btc..but not into any project for now...buy how I earn btc is through faucet sites and trading of btc...that earn me much profits....and use it for daily expences..

Bitcoin can take care of our daily expenses if you are single, but if you have an responsibility of your family then you cannot depend only on bitcoins for living.

Maybe if you are good at trading you can support a family thru bitcoin earning. I am not good at trading but I can still earn a bit. Add that earning to what I earn in signature campaign, it can support myself. But maybe if I become an expert in trading, I can do better at earning bitcoin and can support a family.

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I don't and think only a few minority actually make a living with bitcoin, mostly people running exchanges and those operating gambling sites since these are the biggest investments with btcoin.. probably not more than hundreds.

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Quote from: entrepmind23 on August 23, 2016, 04:11:39 AM

Quote from: Mastsetad on August 23, 2016, 02:46:13 AM

Luck comes second if something requires hard work and in trading you need to work but not to just sit and wait for winning just like gambling, because you will need to have an eye on the market when you are trading and you need to do researches about the coin you are going to trade, i obviously believe that if you are lucky you will surely win but if you work hard you would surely succeed in anything.

Hard work really pays off especially if you know what you are doing and you know your purpose. I agree that luck is only second when it comes to trading because you need experience on it first before you can really grasp how it works and work hard on it putting your time and effort in understanding it. But you need also luck because no matter how hard you work on something if its not your lucky day then just let it be and try again the next day and you will be successful as long as you don't give up.

I totally agree with you, the most important thing is hard work and effort on the thing that you are aiming for and for sure it would pays you on all the effort you made. I also agree that luck is also need in order to obtain it because without luck its useless but dont stop there and continue.

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Quote from: Mastsetad on August 23, 2016, 02:46:13 AM

Luck comes second if something requires hard work and in trading you need to work but not to just sit and wait for winning just like gambling, because you will need to have an eye on the market when you are trading and you need to do researches about the coin you are going to trade, i obviously believe that if you are lucky you will surely win but if you work hard you would surely succeed in anything.

Hard work really pays off especially if you know what you are doing and you know your purpose. I agree that luck is only second when it comes to trading because you need experience on it first before you can really grasp how it works and work hard on it putting your time and effort in understanding it. But you need also luck because no matter how hard you work on something if its not your lucky day then just let it be and try again the next day and you will be successful as long as you don't give up.

Mastsetad

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Quote from: X-ray on August 21, 2016, 08:35:56 AM

Quote from: goldcoinminer on August 21, 2016, 08:34:05 AM

People here who are good in trading are making a decent amount of money doing day trading, I don't know how they did it but they are good in predicting how the market will react and that makes them rich I guess, but for me, I am just making money from doing online job but I dream to be a good trader as well.

for me trading is about reading the situation and luckyness,even you're really smart or skilled on reading situation or atleast get the latest information about the thing you want to trade,without luckyness you will end up busting your money,so the first factor is luckyness i do say
and 2nd is people's opinion because it could affect the current trends whether it's buying or selling

Luck comes second if something requires hard work and in trading you need to work but not to just sit and wait for winning just like gambling, because you will need to have an eye on the market when you are trading and you need to do researches about the coin you are going to trade, i obviously believe that if you are lucky you will surely win but if you work hard you would surely succeed in anything.

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