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Topic: Earning Bitcoin is good, but don't depent on it. (Read 23609 times)

full member
Activity: 686
Merit: 100
Bitcoin is not a job for us to depend on it. We should not see the bitcoin as a source of income. I do not depend on bitcoin to earn profit because I know it is not a good idea. Greedy persons are always depending in the bitcoin and that is the reason why they keep losing.

The right choice not to depend heavily on Bitcoin because Bitcoin isn't a job that you definitely receive every month or every week. You just need to be patient to see prices will come back again.
full member
Activity: 481
Merit: 100
Bitcoin is not a job for us to depend on it. We should not see the bitcoin as a source of income. I do not depend on bitcoin to earn profit because I know it is not a good idea. Greedy persons are always depending in the bitcoin and that is the reason why they keep losing.
full member
Activity: 476
Merit: 102
I appreciate your topic so much reading it and analyzing the facts is a learning and good tip for us who are cryptocurrency enthusiast. You have a wide experience and sharing it here is a learning process that will add ideas and opinions on how to invest in cryptocurrency in a smart way. I will be looking forward for more of your topics that are related on the cryptocurrency know how tips.
jr. member
Activity: 182
Merit: 1
EndChain - Complete Logistical Solution
you really don't need to do a basic bet on bitcoin since you can get nothing from it all
hero member
Activity: 1638
Merit: 505
Well maybe now people just realized that they should be smart enough to be able to do financial management and work. not only depends on bitcoin,but if indeed it is a fixed salary in my opinion it is not too problematic
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
I think there are many people who are starting to depend on bitcoin right now. moreover, many people make ICO projects. well, it's based on their belief in ccryptocurrency. this is a good development, but I agree when we produce bitcoin, while building a new business. not only depends on bitcoin, but also produces new things that have the same potential.
legendary
Activity: 2674
Merit: 1048
Depend on bitcoin is not a stupidity. Do you think that people who work in blockchain.info are stupid people, they are smart people who create online wallet for bitcoin users. They are rich and not stupid. People who spend all of their energy to help environment environment  for bitcoin are know that bitcoin will make a revolution in world economy or atleast change on some habbit that too much spend money in transactions.
Firs question, did you know about bitcoin?

Second question, did you know about blockchain?

OP only insinuates bitcoin not blockchain, as you know bitcoin can be used as a place of investment, can be used as a means of payment and can be used as a tool to send money. I guess the OP only recommends that you don't just rely on investing in bitcoin to get profit / source income. You have to find other ways to meet their daily needs, so when the current price decline does not hamper their investment in bitcoin. As for blockchain, I guess this technology is not a place to invest while those who work on blockchain may have a steady income.

copper member
Activity: 140
Merit: 3
The only people who should be relying on bitcoin for a living are paid traders who do it on behalf of institutions, these guys will be like gold dust when the bakkt finally comes through
newbie
Activity: 6
Merit: 0
Fully agree, you need a rational approach to this. There are risks everywhere, you need to take them into account, otherwise you risk a lot. I think the future is Bitcoin. Therefore, the sooner we understand all this, the better for us!
member
Activity: 334
Merit: 15
First 100% Liquid Stablecoin Backed by Gold
I believe whoever on this forum somehow he is connected with crypto-currency. And all crypto-currency surrounded by Bitcoins. There is lot of way to earn bitcoin like trading, gambling, lending, bounty and so on. This is great opportunity that Bitcoin give us many way to earn from online.

I have seen few topic on forum lately that few people's are want to leave crypto-currency due to continue bear markets. They are finding job or whatever. That's why my topic title is earning Bitcoin is good, but don't depend on it since most of we are not whales.

Beginning of 2017 people's was happy up to end of year. Few people's left his job as far as I know only by depend on Bitcoin. The thought was Bitcoin will make them millionaire. That's not wrong it will happen once a day. But totally depend on it is sign of stupidity. It will be wrong if we think that market always will up trend and give us profits. Those are totally depend on online earning like bitcoin, downtrend is damn for them. In a result they loss their patience and sell coin on loss especially traders.

I would like to suggest earn Bitcoin as much as you can but don't depend on it. Just consider it as a passive income. Just continue your job or whatever your business. On the other hand earn from online and hold it until bull run on your appropriate targets. Then you will not panic and you will not be in loss. Most of traders loss due to panic sell and panic buy. So keep patience and continue your earning, spread the word about Bitcoin. Attract new investors on crypto industry. Think positive and be positive.

My intention to motivate people's who have losed their hope on crypto. The main reason is who are thinking to leave crypto they was totally depend on it. Which is wrong in my opinions.
Depend on bitcoin is not a stupidity. Do you think that people who work in blockchain.info are stupid people, they are smart people who create online wallet for bitcoin users. They are rich and not stupid. People who spend all of their energy to help environment environment  for bitcoin are know that bitcoin will make a revolution in world economy or atleast change on some habbit that too much spend money in transactions.
copper member
Activity: 85
Merit: 0
Bitcoin is really a good source last 2017 when the market was on boom.
But 2018 made the difference which many people who depend on bitcoin lose a lot of amount.
We should never depend on BITCOIN and cryptocurrency, this must be an alternative job. FOR NOW!

Bitcoin should and will be always be your another source of income. You should not rely your daily income to bitcoin. Coz if you do, your family will be hunger. Bitcoin is just our another option to earn money aside from working in a company. It's much better than you still focus on your job and do bitcoin in your vacant time.
full member
Activity: 588
Merit: 103
I Absolutely agrew with you in this situation market is still suffering to lose including the continue price down of bitcoin the only thing to do is just to hodl your assets fight your emotions and stay hodl.
newbie
Activity: 140
Merit: 0
I totally agree with you. I mean, it is a new currency, you never know what is ahead of you, so hoping btc will save your problems is not logical, to say the least. For instance, we decided to mine just out of interest, then it became beneficial for us, but we made this our kinda passive income. It was before, but now, with the market being down, I would not recommend anyone to place their hopes on the currency.
full member
Activity: 458
Merit: 112
Bitcoin is really a good source last 2017 when the market was on boom.
But 2018 made the difference which many people who depend on bitcoin lose a lot of amount.
We should never depend on BITCOIN and cryptocurrency, this must be an alternative job. FOR NOW!
hero member
Activity: 1778
Merit: 746
exactly what you say is indeed a crypto currency investment that is very profitable but also the risk that will be obtained is very large too, if indeed you are ready to invest by risking it all does not matter
well, basically I also make this my hobby, but I still look for work in the real world even though the salary that I get is not as much as what I get from bitcoin. well, this is just something fun. see, and support some pretty good projects, and see the development. this is very interesting, but I don't depend on this.
sr. member
Activity: 1148
Merit: 252
exactly what you say is indeed a crypto currency investment that is very profitable but also the risk that will be obtained is very large too, if indeed you are ready to invest by risking it all does not matter
full member
Activity: 714
Merit: 100

bitcoin is good but we need cash  .  we all know that btc or any other crypto was freakin unstable and not all times we can earn thru it because most of the times the value of bitcoin was in dump state   .  earning btc is also limited , i mean the job and the pay rates plus the price can also affect your income  . so far many people are regretting because they did already quit their rock hard solid job last few years ago because they think that the pump will last for a lifetime   . the sad part was it didnt  happen     , now we have no choice but to continue striving and earning btc  to stay alive  .
member
Activity: 518
Merit: 14
Do not ever depend on bitcoin because we do not know if this thing is lifetime. You should bitcoin as your alternative and find a job that fit to the things that you really want. I do not depend on bitcoin because there is no assurance that you can earn money so I have my permanent job.
the type of trader will do anything in order to get profit, the same thing happens in bitcoin trading we can continue to explore the potential so that we can benefit,
 we can invest any coins or we can do daily trading so anything for us can be the most important get results.
very different if we we work the results we get will not be as much if we trade, then we can look for loopholes to always trade.
full member
Activity: 554
Merit: 100
Yes you are are even me I planned  to leave my job and focus on bitcoin and investing more in bitcoin because on what I've seen on how to fluctuated the value and rising but I doubled  think that bitcoin is my part time and I need to find a job for the back up in case of falling so that is why I am not worrying even bitcoin falling because I have extra income.
sr. member
Activity: 1246
Merit: 255
People's experience at the this last year, 2018 has even thought a lot of people not to totally depend on bitcoin.
As you have said, it is good to earn bitcoin but bitcoin has a scale which indicates that it will not be delivering profit every time,just like other world currency may rise and fall in value.it could even be hacked asides the dump. 
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