Topic: Earning Bitcoin is good, but don't depent on it. - page 12. (Read 23609 times)

I wouldn't call it passive income unless you have a very stable mining farm or invested in cloud mining. Bitcoin is pow and holding it won't guarantee returns

Yes nobody should ever depend on bitcoin. One shouldn't put all is life time inheritance inti bitcoin or cryptocurrency, why because bitcoin isn't a life time investment. Moreover bitcoin itself isn't predictable. Nobody here can predict it future.

that is true.. earning bitcoin is good but the thing is mostly people who secured bitcoins / crypto currency were depended on it.

You are absolutely right, if we are dependent then we ourself going on a danger zone, Bitcoin is unpredictable as anything can happen in a night either a massive pump or a dump it depends on the situation of the market. It is always better to have it as a part-time job rather than preferring for permanent one.

Right we can't fully depend in bitcoin cause bitcoin is very unpredictable the value, that's why we need regular job, we can't depend our income in bitcoin, and for me bitcoin is only my extra job and I have regular job.

  A huge number people who had crypto as their main source of income come from very poor third-world countries and are probably unemployed there. For them even low paying jobs like solving captchas and participating in bounty campaigns were better than trying to find some "real job", because they could earn more and had better work conditions.
  But that was a few years ago, now it's way harder to earn crypto and the earnings are way smaller, so using it only as an investment might be a good idea. But on the other hand, "crypto" is full of scams, pump and dump schemes, shitcoins and shittokens, so I would say that it's a bad idea to suggest investing in crypto to broad public. If you replace "crypto" with Bitcoin, that would be a much better advice.

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.

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.

There are only a few Bitcoin paying bounties left. Lending is no longer an effective way of earning bitcoins, neither is gambling. And these are not practised by whales, whales engage in active trading or go long on bitcoins.
I agree with you that no one should depend on bitcoin bounties, but I don't think anyone really does (except when limited by situation).

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.