Earning a living with bitcoin? - page 87.

DeDordtenaar

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Quote from: bitbunnny on May 21, 2016, 05:05:38 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.

if you live in bitcoin is not just crops or salary only that are in bitcoin. but you should always use bitcoin as your main currency dude and if you want to buy food or drinks and other needs life you have to pay with bitcoin?
yeah its impossible? therefore living in bitcoin not support yet dude

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Quote from: geopolisch on May 22, 2016, 12:28:42 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.

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Quote from: geopolisch on May 22, 2016, 12:28:42 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.

It is possible to earn a living with bitcoin, yes. But even $100 a day isn't that much here in First World countries. You wouldn't buy yourself a comfortable lifestyle with $3k a month.

But it is possible to make money consistently, with bitcoin, yes. Trading is a pretty good profession if you can master the markets. But you've gotta be devoted to learn all the concepts and basics of bitcoin.

geopolisch

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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.

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You can get your services paid in bitcoins and hence earn a living with bitcoins

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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.

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Quote from: harizen on May 21, 2016, 04:40:00 AM

Quote from: npredtorch on May 21, 2016, 03:01:35 AM

Yes but maybe as for a short range of time only. We don't know what will happen to bitcoin after a week, a month, a year so i guess it will be good if you have a real stable job or business.

You know bitcoin earnings can make you to a state of supporting your living but it's better to make those bitcoin earnings as financial backup. If you don't mind not to spend your beloved coins then better just rotate it in virtual world and have your fiat currency do the job to support you. Of course this will only be possible if you have fixed source of income. With this kind of practice, whenever you need some big money, you now have some nice backup which bitcoin earning does.

Exactly, and the earnings from bitcoin can be helpful at the time of emergencies, you can keep your coins intact for future and can sell when the price goes higher, its an good extra income to earn.

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Quote from: npredtorch on May 21, 2016, 03:01:35 AM

Yes but maybe as for a short range of time only. We don't know what will happen to bitcoin after a week, a month, a year so i guess it will be good if you have a real stable job or business.

You know bitcoin earnings can make you to a state of supporting your living but it's better to make those bitcoin earnings as financial backup. If you don't mind not to spend your beloved coins then better just rotate it in virtual world and have your fiat currency do the job to support you. Of course this will only be possible if you have fixed source of income. With this kind of practice, whenever you need some big money, you now have some nice backup which bitcoin earning does.

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Quote from: johny1976 on February 07, 2016, 11:03:42 AM

Hello guys,

how many of you are earning for living just with bitcoin based projects? If some of you do, can you contribute what do you do?

Not yet earning anything, hope to earn something later on from bitcoin & altcoin trading later on.

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Quote from: uname on May 21, 2016, 02:11:36 AM

Quote from: BitcoinPaw on May 19, 2016, 12:39:14 PM

At my opinion all earnings from bitcoin if it's your olny one way of income, wasting so fast. I think need to have other income exept bitcoin to live wihtout problems.

I think it's not a problem to get revenue only from bitcoin. as long as wages or salary you get ends meet life and you have a fixed income and fixed employment

Yes but maybe as for a short range of time only. We don't know what will happen to bitcoin after a week, a month, a year so i guess it will be good if you have a real stable job or business.

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Quote from: BitcoinPaw on May 19, 2016, 12:39:14 PM

At my opinion all earnings from bitcoin if it's your olny one way of income, wasting so fast. I think need to have other income exept bitcoin to live wihtout problems.

I think it's not a problem to get revenue only from bitcoin. as long as wages or salary you get ends meet life and you have a fixed income and fixed employment

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Quote from: Herbert2020 on May 21, 2016, 01:27:49 AM

Quote from: Iceborn on May 20, 2016, 08:38:35 AM

It is really hard to know what is going to happen with Bitcoin and that is the problem and there is also a high chance that you can lose some money with it and that would be bad.
But you have to be lucky and also smart if you are going to win some money with it and earn profit you need also patience for it to get that.

i agree, this volatility of bitcoin price is annoying and a big obstacle in from of bitcoin and its adoption in my opinion. although this volatility has been reduced a lot over the years and as the market grows bigger this becomes less and less of an issue.

The problem is that the stability we've been seeing the past weeks in Bitcoin doesn't really mean a lot, you can't compare it to fiat stability for instance. The fact that the Bitcoin network is not regulated and primarily relies on trust means that there are lots of factors could easily cause the value to plummet. It's true that more people using Bitcoin would bring better stability, unfortunately for as long as Bitcoin remains lawless it cannot really appeal to the masses.

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Quote from: Iceborn on May 20, 2016, 08:38:35 AM

It is really hard to know what is going to happen with Bitcoin and that is the problem and there is also a high chance that you can lose some money with it and that would be bad.
But you have to be lucky and also smart if you are going to win some money with it and earn profit you need also patience for it to get that.

i agree, this volatility of bitcoin price is annoying and a big obstacle in from of bitcoin and its adoption in my opinion. although this volatility has been reduced a lot over the years and as the market grows bigger this becomes less and less of an issue.

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Quote from: Iceborn on May 20, 2016, 08:38:35 AM

It is really hard to know what is going to happen with Bitcoin and that is the problem and there is also a high chance that you can lose some money with it and that would be bad.
But you have to be lucky and also smart if you are going to win some money with it and earn profit you need also patience for it to get that.

Yeah your right with that not all people here earning big with bitcoin and price is unstable and really trie with that is ypu cannot earn a living with bitcoin, becaus our earning daily is not really stable, but 4their are some others are help by bitcoins and those people are jobless and help by bitcoin to have money so they can sustain their job finding bitcoin os big help to community it help many people in financial aspects temporarily.

Iceborn

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It is really hard to know what is going to happen with Bitcoin and that is the problem and there is also a high chance that you can lose some money with it and that would be bad.
But you have to be lucky and also smart if you are going to win some money with it and earn profit you need also patience for it to get that.

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Quote from: romero121 on May 20, 2016, 06:48:13 AM

Quote from: martinacar on May 19, 2016, 06:27:22 PM

Quote from: praprata on May 19, 2016, 12:51:13 PM

Quote from: BitcoinPaw on May 19, 2016, 12:39:14 PM

At my opinion all earnings from bitcoin if it's your olny one way of income, wasting so fast. I think need to have other income exept bitcoin to live wihtout problems.

I think it really depends on the fact how you invest the bitcoin and what methods and plans you have to earn a living from the bitcoin.
I consider it as possible but hard to succeed.

Its possible without any doubts, its only that you have to believe in it and be busy with the bitcoin 24/7.
You can most likely not have a normal job anymore if you want to do this.

As quoted living with the earning from bitcoin is possible, but as suggested you can't lead a life as you lead through the day job. Better earning is possible through gambling and other trading aspects.

You cannot afford to trust gambling for living and if you are thinking like that then you are putting your and your family's life in trouble, but trading can surely help you.

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for me it is only possible if you know how trading works because most of earnings come between gambling and trading so if you live using only bitcoin make it sure that you have proper understanding with dealing from trading platform.

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Quote from: martinacar on May 19, 2016, 06:27:22 PM

Quote from: praprata on May 19, 2016, 12:51:13 PM

Quote from: BitcoinPaw on May 19, 2016, 12:39:14 PM

At my opinion all earnings from bitcoin if it's your olny one way of income, wasting so fast. I think need to have other income exept bitcoin to live wihtout problems.

I think it really depends on the fact how you invest the bitcoin and what methods and plans you have to earn a living from the bitcoin.
I consider it as possible but hard to succeed.

Its possible without any doubts, its only that you have to believe in it and be busy with the bitcoin 24/7.
You can most likely not have a normal job anymore if you want to do this.

As quoted living with the earning from bitcoin is possible, but as suggested you can't lead a life as you lead through the day job. Better earning is possible through gambling and other trading aspects.

martinacar

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Quote from: praprata on May 19, 2016, 12:51:13 PM

Quote from: BitcoinPaw on May 19, 2016, 12:39:14 PM

At my opinion all earnings from bitcoin if it's your olny one way of income, wasting so fast. I think need to have other income exept bitcoin to live wihtout problems.

I think it really depends on the fact how you invest the bitcoin and what methods and plans you have to earn a living from the bitcoin.
I consider it as possible but hard to succeed.

Its possible without any doubts, its only that you have to believe in it and be busy with the bitcoin 24/7.
You can most likely not have a normal job anymore if you want to do this.

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Quote from: tampazeus on May 19, 2016, 12:46:58 PM

Quote from: BitcoinPaw on May 19, 2016, 12:39:14 PM

At my opinion all earnings from bitcoin if it's your olny one way of income, wasting so fast. I think need to have other income exept bitcoin to live wihtout problems.

Yeah you cannot rely on bitcoin for living as it will be really bad for you if bitcoin disappears in future, its better to treat bitcoin as an extra income.

That's why it's better to have some knowledge that can be use in earning both bitcoin and your currency. Just like, blogging, photo editing, programming, etc. You can use that skills to earn bitcoin and also IF EVER bitcoin doesn't have worth anymore(but hopefully not), you can still use your knowledge to earn money in your currency.

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