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Topic: Earning Bitcoin is good, but don't depent on it. - page 10. (Read 23609 times)

member
Activity: 532
Merit: 10
Maybe you have source passive income except from bitcoin or altcoin investment, after getting profit fro trading or investing you have use your money and open real business, maybe is the way when your investment is lower price.
sr. member
Activity: 994
Merit: 251
Betking.io - Best Bitcoin Casino
That is why we need to diversify in many things and don't depends on one thing. Bitcoin is a great way to make money, but we also have the other way which could help us to gain more money. We can use the altcoins or the tokens to make another money, and I think it still worth to use them as we know that bitcoin, altcoin, and tokens can give much money if we have a good analysis. We don't have to leave cryptocurrency because I am sure we have the other choice to make money and besides that, with still in the crypto, we can try any possibility to survive so we could still make money.
hence from that now there are so many people who use bitcoin to be used as a side job, because bitcoin does not always have a high price that can make users get a big profit. especially now it's still difficult to earn money from bitcoin
member
Activity: 186
Merit: 12
Definitely right! Never ever depend on bitcoin. Don't give up your job just because you think bitcoin will make you a millionaire. Yes it will, because it happened before. But it takes years to happen again. Which is, it cannot give you a monthly profit unlike your job salary monthly to provide your needs. Think wise!  Wink
legendary
Activity: 3472
Merit: 10611
anybody who is getting into bitcoin should already know about its volatility and generally the risks that are involved with it which are not only limited to trading (price) risks. and most of them that don't have their heads in the sand already know that which is why they usually have a pretty good plan for their future too.

those who are confused and are having problems specially having problems due to the price drops of last year, never had that plan that they should have had in first place.
for example the link you posted is probably from someone who hasn't been "trading" he was "buying and selling" which is more like a random think and is more similar to gambling rather than trading. and it has been one of the problems with many people. entering the market is easy so they think making money is also easy and  the "occasional wins" are also misleading them into believing that.
legendary
Activity: 2674
Merit: 1048
no one should ever depend on any single earing source, the wise way is to depend on multiple sources, especially passive income. No sane person will ever thing BTC or any other thing as his/her single income source.

why not ? i mean its possible man  .  i myself is only depending on cryptos as my primary single source of income because i dont have a job so far and im pretty sure that most of us are also the same as my situation because the real truth is that finding a stable job offline are much harder than you expected . even if you are a graduate in college or even if you are a title holder , you cant expect to get hired imediately because many people are also aplying for the vacant posisition .   

so instead of wasting our time applying outside , why cant we just foccus here working with cryptos ?  we can get  instant carreer here with no boss  or any hasel 
I like your thought, many people use sheepskin to sell their abilities that they can, but he is not aware when the thinking of person are facultative there is no someone who know about everything, someone's insight depends on their experience. Honestly, I'm a scholar but I don't feel like working with someone else like a company etc, I just want to open a business myself and that is more satisfying for me. Regarding bitcoin which is used as source income, I think it depends on each person, the OP only analyzes it in general, not personally. Maybe there are users who make bitcoin as source income and they can still survive with the bearish market that happens, everyone has their own sustenance.
hero member
Activity: 2912
Merit: 556
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That is why we need to diversify in many things and don't depends on one thing. Bitcoin is a great way to make money, but we also have the other way which could help us to gain more money. We can use the altcoins or the tokens to make another money, and I think it still worth to use them as we know that bitcoin, altcoin, and tokens can give much money if we have a good analysis. We don't have to leave cryptocurrency because I am sure we have the other choice to make money and besides that, with still in the crypto, we can try any possibility to survive so we could still make money.
full member
Activity: 1638
Merit: 122
no one should ever depend on any single earing source, the wise way is to depend on multiple sources, especially passive income. No sane person will ever thing BTC or any other thing as his/her single income source.

why not ? i mean its possible man  .  i myself is only depending on cryptos as my primary single source of income because i dont have a job so far and im pretty sure that most of us are also the same as my situation because the real truth is that finding a stable job offline are much harder than you expected . even if you are a graduate in college or even if you are a title holder , you cant expect to get hired imediately because many people are also aplying for the vacant posisition .   

so instead of wasting our time applying outside , why cant we just foccus here working with cryptos ?  we can get  instant carreer here with no boss  or any hasel 
member
Activity: 532
Merit: 15
no one should ever depend on any single earing source, the wise way is to depend on multiple sources, especially passive income. No sane person will ever thing BTC or any other thing as his/her single income source.
brand new
Activity: 0
Merit: 0
The problem is that many members really thought that they can just look at bounties as their major source of income. Specially when crypto boom in 2017, we will see a lot of thread asking for advises if they can focus on crypto and leave their regular jobs because they are making huge money in trading or even in bounties. And I'm sure majority of them made that unforgettable decision, because we have seen by now the hardships and difficulties of 2018 and I wonder how are they going to provide food for their families? So it's a hard lesson, yes, crypto might be good and giving us money, but there is a big risk involved and we can say that it really works in cycle.
sr. member
Activity: 1540
Merit: 420
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Some people are force to sell due to they have nothing left to spend for their living and I understand that as crypto earner. No matter how big the rewards we earn market will always decide for the price of our holdings, I expect much of crypto and this is my passion now since I left my job 2 years ago and yes I'm aware of whats happening. Everyone entering crypto for a living should always have back-up plans.
member
Activity: 448
Merit: 20
This rational thinking reminds me of the well-known rule
Do not put all eggs in one basket
There must be a basic work for everyone here to depend on because we all have families and material commitments
I will never leave my work until comprehensive adoption occurs and I have gained sufficient experience.
full member
Activity: 650
Merit: 100
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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.
I agree with you mate,the market is very volatile that is why its not advisable to left jobs and depend on bitcoin.I have heard some of the people i know whose doing jobs to own bitcoin have profited a year ago and suddenly they'd resign and go on for a vacation.Even myself sees it as a wrong concept.
sr. member
Activity: 1470
Merit: 325
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.

well that fact, that you cant obtain a regular income with bitcoin makes it basically impossible for bitcoin to ever become a world currency.
sr. member
Activity: 1624
Merit: 250
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.
There are a lot of people who are engaged in full time online trading and you should not consider trading as passive earnings. Passive earnings can be bounty. If you have invested all of money in a volatile market, one day you will certainly lose. Or in such cases you should store enough money to pay for your own needs.
full member
Activity: 798
Merit: 100
I partially agree with you. However, there are many people who were able to leave their jobs because the cryptocurrency began to bring them sufficient income. I would paraphrase your words a bit and say do not leave your job until you are firmly confident that you will be able to receive a stable income from crypto in any market. I think there is nothing wrong with people seeking to make crypto their main source of income. It is better to depend on bitcoin than on your employer.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
Earning fiat is good, but don't depend on it.
legendary
Activity: 2436
Merit: 1362
It is absolutely right that who fully dependent on it, he is great fool. My opinion is don't depend on bitcoin.You can take it like a part time job.

Dude... You guys are talking about depending on "Bounties" - That has nothing to do with depending on BTCBTCBTC

Don't be a bum bitcoin bounty dumpster diver and expect to find a shiny new lambo  Roll Eyes


Bitcoin is up over 1000% in 2years. Most traders made some serious money last year and hopefully saved some for the bullish times.


I agree, there are people who make a healthy living earning bitcoin
but not just from bounties. There are people who trade, who create
content for example to earn bitcoin.

I wouldnt be worried about the volatility because the high prices
balance out the lows.
newbie
Activity: 10
Merit: 0
I totally agree. It is good, but even if it seems like a great idea that could completely change the future, for now we don't have idea how long will it least. It's always good to have some emergency options
copper member
Activity: 507
Merit: 118
Crypto may change the world, but you should never go "all in" on it.  Just like the internet changed the world, but it took a decade + before it really got up and running.  Not  saying the timing will be the same, but saying the risk absolutely is the same.  We're (kinda) front runners to brand new tech - the risks are equal to the rewards! 
sr. member
Activity: 750
Merit: 252
Also wrong in my opinion. Because lots of unpredictable things could happen(bounties that does not pay for participation in it, gambling as itself, loss of value and as so losing the funds...), it is wrong to depend on bitcoin and crypto currency as a main income source. There is no guarantee that you will have certain income, therefore basic life needs and existence itself are jeopardize.
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