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Topic: Earning a living with bitcoin? - page 86. (Read 158482 times)

newbie
Activity: 14
Merit: 0
May 23, 2016, 08:59:25 AM
The guys at Localbitcoins.com seem to do pretty well for themselves. Although, you have to have a pretty decent capital base for that to work out.
hero member
Activity: 672
Merit: 500
May 23, 2016, 08:52:30 AM
Not too much people earn enough off bitcoin trading.
Quite a few earn money via investments.. let the money work for you

I think some people make some good money with it if I'm honest its just all about that strategy you are having with trading.

Oh and the patience of course. The waiting time could be really long but it will be all worth it once the numbers change and is on the winning side for you.
That is bad with Bitcoin and that is because it is risky if you are going all in and that is bad but you have to know that it always can change.
So it is really risky what is going to happen and that is the problem with Bitcoin.

Exactly price fluctuations will never allow you to earn stable income from bitcoin, its better to have a full time job and earn bitcoin in your extra time.
newbie
Activity: 42
Merit: 0
May 23, 2016, 08:42:41 AM
Not too much people earn enough off bitcoin trading.
Quite a few earn money via investments.. let the money work for you

I think some people make some good money with it if I'm honest its just all about that strategy you are having with trading.

Oh and the patience of course. The waiting time could be really long but it will be all worth it once the numbers change and is on the winning side for you.
That is bad with Bitcoin and that is because it is risky if you are going all in and that is bad but you have to know that it always can change.
So it is really risky what is going to happen and that is the problem with Bitcoin.
hero member
Activity: 756
Merit: 500
May 23, 2016, 05:54:45 AM
Before it is possible to earn a living thru bitcoin mining when it was still profitable, nowadays the only thing left profitable is trading nothing else.

Yup, mining is indeed very profitable when we have his instrument. But for those of us who do not have enough capital is extremely detrimental to the mining, then because the tool requires lots of care. The only way a very profitable indeed trade
legendary
Activity: 924
Merit: 1000
May 23, 2016, 05:47:04 AM
Maybe moving up a couple of ranks more would make my earnings somewhat relevant, but for now, it is what it is.

I've asked myself how relevant the member rank here on bitcointalk really is for trades and therefor put up a vote about it:
https://bitcointalksearch.org/topic/how-important-is-the-member-status-of-your-trading-partner-1481446

Thanks for taking part in it! Your opinion is very valuable to me!
hero member
Activity: 756
Merit: 500
May 23, 2016, 05:42:29 AM
I earn some on bitcoin, but not enough to be considered a living. It's just an added income on the side and to add budget to buy more bitcoin while there are price dips here and there. Maybe moving up a couple of ranks more would make my earnings somewhat relevant, but for now, it is what it is.

Your mind still focused on your life, so you need something that can grow rapidly and could help your living needs. Something big and old things definitely need quite a long process, different from anything great but briefly. You should consider your investment for Bitcoin before sorry
hero member
Activity: 714
Merit: 500
May 23, 2016, 05:38:02 AM
I earn some on bitcoin, but not enough to be considered a living. It's just an added income on the side and to add budget to buy more bitcoin while there are price dips here and there. Maybe moving up a couple of ranks more would make my earnings somewhat relevant, but for now, it is what it is.
legendary
Activity: 3262
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
May 23, 2016, 05:20:19 AM
Not too much people earn enough off bitcoin trading.
Quite a few earn money via investments.. let the money work for you

I think some people make some good money with it if I'm honest its just all about that strategy you are having with trading.

Oh and the patience of course. The waiting time could be really long but it will be all worth it once the numbers change and is on the winning side for you.
sr. member
Activity: 336
Merit: 250
May 23, 2016, 04:18:28 AM
I don't know anyone who makes living exclusively with Bitcoin butw it could be a good source for extra earning or maybe invested in longterm savings.
I also do know anybody that makes a living out of Bitcoin. The price is changing slowly so it is not possible to make a living right now unless you invest so much money in to it that when you sell you still make allot of money.
sr. member
Activity: 434
Merit: 250
★YoBit.Net★ 350+ Coins Exchange & Dice
May 23, 2016, 03:28:38 AM
Before it is possible to earn a living thru bitcoin mining when it was still profitable, nowadays the only thing left profitable is trading nothing else.
hero member
Activity: 616
Merit: 500
May 23, 2016, 03:28:16 AM
Not too much people earn enough off bitcoin trading.
Quite a few earn money via investments.. let the money work for you

I think some people make some good money with it if I'm honest its just all about that strategy you are having with trading.
hero member
Activity: 2926
Merit: 640
May 23, 2016, 03:19:30 AM
Earning a living with btc is possible if you an earn like $100 a day. Doing jobs for bitcoin is one option. I know people who earns bigger than the minimum wage by just freelancing.
$100/day it was very possible. but for me 1-2BTC/month it is very feasible to earn a living from bitcoin, the cost of living is very low, especially I simple life.

If your cost of living is not too high then you can surely earn a living with bitcoin, but the only thing you need to do is try to earn as maximum possible, so even if price drops it can take care of you.
For a decent life, we would need at least 5BTC (considering the current value) to survive, minus all the necessary expenses such as food, shelter, clothing, utilities, bills, etc. That's probably the average amount a first worlder earn converted to cash.
hero member
Activity: 938
Merit: 1000
May 22, 2016, 01:24:38 PM
I think its not possible for me to earn a living with bitcoin as you really need a good amount to earn a living with it and that is not possible for majority for  us.
hero member
Activity: 672
Merit: 500
May 22, 2016, 12:55:49 PM
Not too much people earn enough off bitcoin trading.
Quite a few earn money via investments.. let the money work for you
Because trading required a skill that have to learn, and it's not easy. But investments required less skill than trading does.

For both you need to do yor own due diligence. It's not that investing caries less risk, it's just a different kind of risk. Because for that matter you can lose all your money.
So even being a full time investor is quite hard. From my experience it's not just about investing as it is about helping your investment too.

Which can give your a head start.
legendary
Activity: 1022
Merit: 1003
𝓗𝓞𝓓𝓛
May 22, 2016, 12:43:21 PM
Not too much people earn enough off bitcoin trading.
Quite a few earn money via investments.. let the money work for you
Because trading required a skill that have to learn, and it's not easy. But investments required less skill than trading does.
legendary
Activity: 1624
Merit: 2481
May 22, 2016, 12:38:40 PM
Not too much people earn enough off bitcoin trading.
Quite a few earn money via investments.. let the money work for you
sr. member
Activity: 406
Merit: 250
May 22, 2016, 12:17:07 PM
Nothing impossible nowday i think, if people working with effort, living on earnings with bitcoin is real. Only one problem here, it's require expereince in bitcoin sphere.
hero member
Activity: 2072
Merit: 503
May 22, 2016, 12:15:43 PM
I have friends who support her family by finding bitcoin, he did not have a job, but the income he makes on bitcoin was a very unusual lot, so I guess he succeeded in making life with bitcoin
legendary
Activity: 2058
Merit: 1015
May 22, 2016, 10:49:00 AM
Earning a living with btc is possible if you an earn like $100 a day. Doing jobs for bitcoin is one option. I know people who earns bigger than the minimum wage by just freelancing.
Since I live in Asia $100 a day is pretty amount but if you have your own family I guess its too low. Also one problem is the consistency of earning not everyday is you can earn such amount so still it would be hard I guess.
sr. member
Activity: 303
Merit: 250
May 22, 2016, 08:22:59 AM
Earning a living with btc is possible if you an earn like $100 a day. Doing jobs for bitcoin is one option. I know people who earns bigger than the minimum wage by just freelancing.
$100/day it was very possible. but for me 1-2BTC/month it is very feasible to earn a living from bitcoin, the cost of living is very low, especially I simple life.

If your cost of living is not too high then you can surely earn a living with bitcoin, but the only thing you need to do is try to earn as maximum possible, so even if price drops it can take care of you.
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