Earning a living with bitcoin? - page 39.

gerXhonza

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Quote from: danherbias07 on August 21, 2016, 09:43:14 AM

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 should be the last option. Knowledge is priority. Know the trend. Who is buying? Are those big people that will or cheap ones. Look if it is really supported. When you base it on luck then dont trade it will just make you broke like you said.

That's true you cannot rely only on luck to make profits and if you does then there will be no difference in gambling and trading, trading is good for those who holds good knowledge of it.

danherbias07

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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 should be the last option. Knowledge is priority. Know the trend. Who is buying? Are those big people that will or cheap ones. Look if it is really supported. When you base it on luck then dont trade it will just make you broke like you said.

SquallLeonhart

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

Quote from: jakelyson on August 21, 2016, 08:25:06 AM

Quote from: chixka000 on August 21, 2016, 07:41:30 AM

Quote from: Positid on August 21, 2016, 07:36:45 AM

Quote from: tampazeus on August 21, 2016, 07:20:24 AM

Quote from: Mastsetad on August 21, 2016, 07:12:47 AM

Quote from: deadpoolx on August 20, 2016, 05:44:38 AM

Yes, but you should not rely completely on it.

Why not to rely on it if you know you can earn enough to make a living with it? Bitcoin is not a currency like altcoins that can disappear in a minute, it is the king of digital currencies so if you have a source that is generating enough bitcoins for you to make a living with it then you can completely rely on it.

Yeah if you are managing to earn good amount of bitcoins on regular basis then you can surely depend on it for living and I think many people are doing it successfully since long time.

Trading will give you a good profit so it is possible you can make a living with bitcoin, but first you need to be very good in trading in order to earn consistently and you can grow your money. People always dream to have that kind of opportunity but seems like trading is not for everyone.

Earning a living in bitcoin doesnt only limits to just trading. We can try to build our own platform that can also be successful, risky of course it would always be the only thing there is that you still move forward

Sadly, only those talented individuals and those with capital can make a decent living out of bitcoin. You can do it if you are good trader or someone who can finance a website or good at programming a website or apps.
But for ordinary people, employees, there is not much work that can go around.

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.

Don't only focus on their richness or how they are making good profits, but try to understand the time they invested in learning those things, they have really worked hard in the past and now they are enjoying the fruits.

X-ray

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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

goldcoinminer

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Quote from: jakelyson on August 21, 2016, 08:25:06 AM

Quote from: chixka000 on August 21, 2016, 07:41:30 AM

Quote from: Positid on August 21, 2016, 07:36:45 AM

Quote from: tampazeus on August 21, 2016, 07:20:24 AM

Quote from: Mastsetad on August 21, 2016, 07:12:47 AM

Quote from: deadpoolx on August 20, 2016, 05:44:38 AM

Yes, but you should not rely completely on it.

Why not to rely on it if you know you can earn enough to make a living with it? Bitcoin is not a currency like altcoins that can disappear in a minute, it is the king of digital currencies so if you have a source that is generating enough bitcoins for you to make a living with it then you can completely rely on it.

Yeah if you are managing to earn good amount of bitcoins on regular basis then you can surely depend on it for living and I think many people are doing it successfully since long time.

Trading will give you a good profit so it is possible you can make a living with bitcoin, but first you need to be very good in trading in order to earn consistently and you can grow your money. People always dream to have that kind of opportunity but seems like trading is not for everyone.

Earning a living in bitcoin doesnt only limits to just trading. We can try to build our own platform that can also be successful, risky of course it would always be the only thing there is that you still move forward

Sadly, only those talented individuals and those with capital can make a decent living out of bitcoin. You can do it if you are good trader or someone who can finance a website or good at programming a website or apps.
But for ordinary people, employees, there is not much work that can go around.

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.

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Quote from: chixka000 on August 21, 2016, 07:41:30 AM

Quote from: Positid on August 21, 2016, 07:36:45 AM

Quote from: tampazeus on August 21, 2016, 07:20:24 AM

Quote from: Mastsetad on August 21, 2016, 07:12:47 AM

Quote from: deadpoolx on August 20, 2016, 05:44:38 AM

Yes, but you should not rely completely on it.

Why not to rely on it if you know you can earn enough to make a living with it? Bitcoin is not a currency like altcoins that can disappear in a minute, it is the king of digital currencies so if you have a source that is generating enough bitcoins for you to make a living with it then you can completely rely on it.

Yeah if you are managing to earn good amount of bitcoins on regular basis then you can surely depend on it for living and I think many people are doing it successfully since long time.

Trading will give you a good profit so it is possible you can make a living with bitcoin, but first you need to be very good in trading in order to earn consistently and you can grow your money. People always dream to have that kind of opportunity but seems like trading is not for everyone.

Earning a living in bitcoin doesnt only limits to just trading. We can try to build our own platform that can also be successful, risky of course it would always be the only thing there is that you still move forward

Sadly, only those talented individuals and those with capital can make a decent living out of bitcoin. You can do it if you are good trader or someone who can finance a website or good at programming a website or apps.
But for ordinary people, employees, there is not much work that can go around.

bryant.coleman

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Quote from: aesma on August 21, 2016, 08:19:49 AM

If you're winning in a trade, then someone else is losing.

Not just that. The exchange is deducting fees as well. Here is an example:

The winner gains 5% on his principal amount. After 5% fee, his net earning is 4.5%.

The loser says good bye to 5% of his principal. After 5% fee, his net loss is 5.5%.

So when someone is gaining 4.5%, the other person is losing more than that amount.

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Quote from: aesma on August 21, 2016, 08:19:49 AM

If you're winning in a trade, then someone else is losing.

I think trading is not a case that the win / lose. Because trading is the buying and selling activities we used to do. You buy bitcoin already sold, so those who sell will get the money used to buy the bitcoin. So I think it is equally beneficial. Thanks

aesma

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fly or die

If you're winning in a trade, then someone else is losing.

Jasad

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Quote from: eddyubachs on August 21, 2016, 08:01:29 AM

Quote from: Positid on August 21, 2016, 07:36:45 AM

Quote from: tampazeus on August 21, 2016, 07:20:24 AM

Quote from: Mastsetad on August 21, 2016, 07:12:47 AM

Quote from: deadpoolx on August 20, 2016, 05:44:38 AM

Yes, but you should not rely completely on it.

Why not to rely on it if you know you can earn enough to make a living with it? Bitcoin is not a currency like altcoins that can disappear in a minute, it is the king of digital currencies so if you have a source that is generating enough bitcoins for you to make a living with it then you can completely rely on it.

Yeah if you are managing to earn good amount of bitcoins on regular basis then you can surely depend on it for living and I think many people are doing it successfully since long time.

Trading will give you a good profit so it is possible you can make a living with bitcoin, but first you need to be very good in trading in order to earn consistently and you can grow your money. People always dream to have that kind of opportunity but seems like trading is not for everyone.

The fact is in trading not everyone can afford to invest high capital as you also need to keep risk factor in mind, as not every time you will be gaining profits from it.

trading are never been so easy as people says here in there ,
even sometimes trading just feel like gambling , we are blind , we are have know nothing ,
and just buy a random coin , sell it on lower price and suffering loss ,
hard really t make a living with bitcoin through trading unless you are work for bitcoin company.

smho_16

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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..

If you rely on faucets earnings for your daily spendings you either live in a very poor country or you don't have any idea on what you are talking about. There are signature campaigns in here that can pay you up to 0.006 btc or more daily and this for sure in any country is not enough for the daily expenses unless you live in a poor country of course like Bangladesh or Afganistan. Trading can bring you much profits but is always risky to rely on it as you may hit a really bad luck and lose all of your coins. The 2 ideas you gave are far from making a living with bitcoin but it can be done although very difficult to do.

eddyubachs

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Quote from: Positid on August 21, 2016, 07:36:45 AM

Quote from: tampazeus on August 21, 2016, 07:20:24 AM

Quote from: Mastsetad on August 21, 2016, 07:12:47 AM

Quote from: deadpoolx on August 20, 2016, 05:44:38 AM

Yes, but you should not rely completely on it.

Why not to rely on it if you know you can earn enough to make a living with it? Bitcoin is not a currency like altcoins that can disappear in a minute, it is the king of digital currencies so if you have a source that is generating enough bitcoins for you to make a living with it then you can completely rely on it.

Yeah if you are managing to earn good amount of bitcoins on regular basis then you can surely depend on it for living and I think many people are doing it successfully since long time.

Trading will give you a good profit so it is possible you can make a living with bitcoin, but first you need to be very good in trading in order to earn consistently and you can grow your money. People always dream to have that kind of opportunity but seems like trading is not for everyone.

The fact is in trading not everyone can afford to invest high capital as you also need to keep risk factor in mind, as not every time you will be gaining profits from it.

chixka000

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Quote from: Positid on August 21, 2016, 07:36:45 AM

Quote from: tampazeus on August 21, 2016, 07:20:24 AM

Quote from: Mastsetad on August 21, 2016, 07:12:47 AM

Quote from: deadpoolx on August 20, 2016, 05:44:38 AM

Yes, but you should not rely completely on it.

Why not to rely on it if you know you can earn enough to make a living with it? Bitcoin is not a currency like altcoins that can disappear in a minute, it is the king of digital currencies so if you have a source that is generating enough bitcoins for you to make a living with it then you can completely rely on it.

Yeah if you are managing to earn good amount of bitcoins on regular basis then you can surely depend on it for living and I think many people are doing it successfully since long time.

Trading will give you a good profit so it is possible you can make a living with bitcoin, but first you need to be very good in trading in order to earn consistently and you can grow your money. People always dream to have that kind of opportunity but seems like trading is not for everyone.

Earning a living in bitcoin doesnt only limits to just trading. We can try to build our own platform that can also be successful, risky of course it would always be the only thing there is that you still move forward

Positid

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Quote from: tampazeus on August 21, 2016, 07:20:24 AM

Quote from: Mastsetad on August 21, 2016, 07:12:47 AM

Quote from: deadpoolx on August 20, 2016, 05:44:38 AM

Yes, but you should not rely completely on it.

Why not to rely on it if you know you can earn enough to make a living with it? Bitcoin is not a currency like altcoins that can disappear in a minute, it is the king of digital currencies so if you have a source that is generating enough bitcoins for you to make a living with it then you can completely rely on it.

Yeah if you are managing to earn good amount of bitcoins on regular basis then you can surely depend on it for living and I think many people are doing it successfully since long time.

Trading will give you a good profit so it is possible you can make a living with bitcoin, but first you need to be very good in trading in order to earn consistently and you can grow your money. People always dream to have that kind of opportunity but seems like trading is not for everyone.

tampazeus

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Quote from: Mastsetad on August 21, 2016, 07:12:47 AM

Quote from: deadpoolx on August 20, 2016, 05:44:38 AM

Yes, but you should not rely completely on it.

Why not to rely on it if you know you can earn enough to make a living with it? Bitcoin is not a currency like altcoins that can disappear in a minute, it is the king of digital currencies so if you have a source that is generating enough bitcoins for you to make a living with it then you can completely rely on it.

Yeah if you are managing to earn good amount of bitcoins on regular basis then you can surely depend on it for living and I think many people are doing it successfully since long time.

Mastsetad

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Quote from: deadpoolx on August 20, 2016, 05:44:38 AM

Yes, but you should not rely completely on it.

Why not to rely on it if you know you can earn enough to make a living with it? Bitcoin is not a currency like altcoins that can disappear in a minute, it is the king of digital currencies so if you have a source that is generating enough bitcoins for you to make a living with it then you can completely rely on it.

Strongkored

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Quote from: uname on August 21, 2016, 01:58:52 AM

Quote from: coin_gambler on August 20, 2016, 05:00:21 PM

Quote from: deadpoolx on August 20, 2016, 05:44:38 AM

Yes, but you should not rely completely on it.

of course no one should rely completely on bitcoin, in my opinion bitcoin price can fluctuate so you should be careful with it

yeah because bitcoin fluctuated I think it would be very risky if you live in bitcoin and keep all your wealth in bitcoin. because it is possible bitcoin prices fell very sharply. even death?

Yes, I agree with you. If you do not have enough skill on trading should we learn it or ask the trader who knows more. Because without sufficient understanding I was worried we even loss rather than profit. IMO

chixka000

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Quote from: btcdevil on August 21, 2016, 02:11:06 AM

Quote from: chixka000 on August 21, 2016, 01:46:18 AM

Quote from: Zadicar on August 21, 2016, 01:38:55 AM

Quote from: chixka000 on August 21, 2016, 01:18:19 AM

Quote from: Anon_7716 on August 20, 2016, 07:56:34 PM

Quote from: chixka000 on August 20, 2016, 07:15:11 PM

Quote from: Corenin on August 07, 2016, 03:46:29 PM

I don't think that 0.1 would be sufficient to earn a living with it, if you are depending only on bitcoin for living the you should earn at least 2 btc per month to have comfortable life.

You really didn't specify the .1 bitcoin amount you are saying. What i am trying to say is that if you can get .1 monthly then it surely not is sufficient. But when you can earn .1 in every 3 days or 5 days then for me this is quite enough

It is a very good thing if indeed we get 0.1 in 3-5 days. For in the amount that we can do some things to fullfill the life or do some other way in order to get bigger or folding bitcoin doubled that amount. If you want to get a bitcoin with the amount is big enough, then we should be trading. Because of the trading we will get anything easily

Well i would still be happy for now even if i am still getting .03 per week. As a student this would still be a very good help for me to buy the things i needed in school. I think .03 weekly is not bad since ive been in this industry for 6months only

0.03 per week is not bad amount for a student having a part time with bitcoin. 6 months is still new for sure in upcoming months or years you would learn new things or other methods that would increase your weekly income. Thanks to bitcoin and to this forum that gives us opportunity to earn money without any hassle or not so hard work.

Right sir, actually right now i am still learning new stuffs in this industry especially trading. Yes sir i am very thankful in this forum because when i first started to know about bitcoin i was doing mining and faucet and bad faucet really does not gives us decent amounts. In mining i cant also earn enough because i dont have a good pc set

If you are doing mining then i think you can do mining for altcoin, as their are so many new alt coins are coming nowadays in the starting phase if you do mining and sell in the market launch then i think you can earn nice bitcoin every week. Apart from this if i am earning .1 per week so as per my country fiat conversion, i can fullfill my family expenses, as the conversion is high at present rate of bitcoin.

Yes i am planning mining also the problem for me is that i am not yet quite familiar on what altcoins should i be mining. One problem that i am thinking is also if i do gpu mining i think my pc set would still not be able to get decent amount because of its bad quality

btcdevil

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Quote from: chixka000 on August 21, 2016, 01:46:18 AM

Quote from: Zadicar on August 21, 2016, 01:38:55 AM

Quote from: chixka000 on August 21, 2016, 01:18:19 AM

Quote from: Anon_7716 on August 20, 2016, 07:56:34 PM

Quote from: chixka000 on August 20, 2016, 07:15:11 PM

Quote from: Corenin on August 07, 2016, 03:46:29 PM

I don't think that 0.1 would be sufficient to earn a living with it, if you are depending only on bitcoin for living the you should earn at least 2 btc per month to have comfortable life.

You really didn't specify the .1 bitcoin amount you are saying. What i am trying to say is that if you can get .1 monthly then it surely not is sufficient. But when you can earn .1 in every 3 days or 5 days then for me this is quite enough

It is a very good thing if indeed we get 0.1 in 3-5 days. For in the amount that we can do some things to fullfill the life or do some other way in order to get bigger or folding bitcoin doubled that amount. If you want to get a bitcoin with the amount is big enough, then we should be trading. Because of the trading we will get anything easily

Well i would still be happy for now even if i am still getting .03 per week. As a student this would still be a very good help for me to buy the things i needed in school. I think .03 weekly is not bad since ive been in this industry for 6months only

0.03 per week is not bad amount for a student having a part time with bitcoin. 6 months is still new for sure in upcoming months or years you would learn new things or other methods that would increase your weekly income. Thanks to bitcoin and to this forum that gives us opportunity to earn money without any hassle or not so hard work.

Right sir, actually right now i am still learning new stuffs in this industry especially trading. Yes sir i am very thankful in this forum because when i first started to know about bitcoin i was doing mining and faucet and bad faucet really does not gives us decent amounts. In mining i cant also earn enough because i dont have a good pc set

If you are doing mining then i think you can do mining for altcoin, as their are so many new alt coins are coming nowadays in the starting phase if you do mining and sell in the market launch then i think you can earn nice bitcoin every week. Apart from this if i am earning .1 per week so as per my country fiat conversion, i can fullfill my family expenses, as the conversion is high at present rate of bitcoin.

uname

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Quote from: coin_gambler on August 20, 2016, 05:00:21 PM

Quote from: deadpoolx on August 20, 2016, 05:44:38 AM

Yes, but you should not rely completely on it.

of course no one should rely completely on bitcoin, in my opinion bitcoin price can fluctuate so you should be careful with it

yeah because bitcoin fluctuated I think it would be very risky if you live in bitcoin and keep all your wealth in bitcoin. because it is possible bitcoin prices fell very sharply. even death?

Topic: Earning a living with bitcoin? - page 39. (Read 158480 times)