I turn my assets in cryptocurrency last 2017 because I thought it could be a greater year when 2018 comes on. However, it was done when all tokens crashed last year. I alreay withdrawn the half of my investment and turn it into fiat.
That's the reason why am not encourage to depend on bitcoin or online earning. Whoever invest on end of 2017 they are all in huge loss. Lots of people's become hopeless due to market conditions. So many people's was depend on Bitcoin once was bull run. They watch dream that bitcoin will touch 50K. Then what happened? All of dream become zero due sudden crash. So it's better opinion that just earn from online as passive income. You should not invest all of you assist on any online businesses. It will hurt you. Think about your family and yourself. 
Topic: Earning Bitcoin is good, but don't depent on it. - page 2. (Read 23609 times)
Yeah! Better to be independent in other things! Do not depend your financial needs on only one source of income. We should also have other ways on how to earn money. In fact, I experience also to be a bait in this industry. I turn my assets in cryptocurrency last 2017 because I thought it could be a greater year when 2018 comes on. However, it was done when all tokens crashed last year. I alreay withdrawn the half of my investment and turn it into fiat.
I completely agree, depending on only one source of income, no matter which one, could be risky. This risk is especialy big when we talk about Bitcoin because no matter your current profit in Bitcoin you can't rely on that constantly and also you should always be aware of volatility. Also, financial world is not ready yet to fully embrace cryptocurrencies.
I would say that some are very brave but also capable Bitcoin users who managed to make their living from Bitcoin only but these are very rare so don't think this is easy.
I would say that some are very brave but also capable Bitcoin users who managed to make their living from Bitcoin only but these are very rare so don't think this is easy.
Indeed, the best way is to stay on the main job and do not depend fully on bitcoin. Because the price of bitcoin has never been stable and we cannot be sure when it will profit through bitcoin or maybe vice versa that we will experience losses through bitcoin. For that I really appreciate every person who tries to generate bitcoin and get profits through bitcoin, but also we should stay focused on our main work which is certainly we get income every month to meet our daily needs.
All you've said OP was absolutely true and i couldn't agree more. It is an absolute fact that Bitcoin can really be a life changer. That is if you know how to play by the rules. Bitcoin is an entirely digital currency and a sure-fire lucrative investment. But it is notoriously volatile. This is the reason why i see Bitcoin [for now] as an opportunity to have supplementary income for the family, to which we badly needed.
Well, not everyone here rely solely on bitcoin and crypto currency in general but there are some people who depends entirely on crypto currency and they are still surviving up till today no doubt. In my opinion, all depends on the kind of crypto currency related business one is into that will make one to either depends on crypto currency or not at all.
what is the reason you can't work full time and depend on bitcoin? is it as long as you make a profit there, and can survive, even have a lot of money from bitcoin income, why not? depending on bitcoin is not a problem, the most important thing is that you can live from that jobWell the problem is, many people aren't quite equipped to live such a life. Yeah there are traders who have trading as their full time job and most likely they already have the experience and skill to make it. Not everyone who wants to live that way can afford to, yet they still quit jobs and get rekt in debt and losses in return.
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.
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).
Well, not everyone here rely solely on bitcoin and crypto currency in general but there are some people who depends entirely on crypto currency and they are still surviving up till today no doubt. In my opinion, all depends on the kind of crypto currency related business one is into that will make one to either depends on crypto currency or not at all.
what is the reason you can't work full time and depend on bitcoin? is it as long as you make a profit there, and can survive, even have a lot of money from bitcoin income, why not? depending on bitcoin is not a problem, the most important thing is that you can live from that job
I've heard the opinion that you should always have money for six months in advance. If something goes wrong and the source of income doesn't not work you are able to survive. During these six months, you can easily find new ways to earn money and investment. So Btc is really good if you have so called money air bag.
I agree most part of this. People are so greedy and they seem like they don’t understand the basics of crypto market. Sometimes losing the money is a part of it cuz no one knows the future. Life is full of risks already. The current market situation doesn’t seem so bright but still, feeling hopeless shouldn’t be even an option. So it’s best to put some trust on crypto market. Time will fix everything.
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 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.
Excellent post and I agree 1000% with this statement. People started to be dependent on cryptocurrencies when the all-time highs of bitcoin were reached in late 2017. Everyone thought that they can earn money with it and be rich without any need to work. That is totally wrong. Cryptocurrencies (at least at that period of time) can be seen as a side income and just for that. Don't fall for it that you can do a living with it and sadly be rich.
Bitcoin is just a payment system at its core and we should treat it in that way. I agree that when it comes to the newbies, the very first question appears in their mind is associated with earning bitcoins but that's not what this forum is all about. In fact, Bitcointalk has much more to offer to everyone without any cost and we are ignoring it. Senior experienced members are always happy to share their knowledge and experience with us and that should be the prime purpose of a newbie to gain that knowledge. I believe that earning is just a byproduct of the learning process.
Yes! You should always calculate the possible risks and consequences. If you just keep Bitcoin and hope for something, then you will not earn money! You need to understand that most likely Bitcoin will increase in price, but not to put all your money on it.
And in general, making money is just a part of life, there are many other areas where you can do, for example, something useful for people or for the world as a whole.
My result: to treat Bitcoin calmly and without fanaticism, as a possible method of earning, and not as a lifestyle.
And in general, making money is just a part of life, there are many other areas where you can do, for example, something useful for people or for the world as a whole.
My result: to treat Bitcoin calmly and without fanaticism, as a possible method of earning, and not as a lifestyle.
Bitcoin can indeed provide decent results and can greatly help to meet needs or maybe to increase wealth and therefore many people who prefer crypto than real work. But for me it can't be dependent on crypto because I think it's risky and because of that I still need real work to meet my needs.
I agree. We really need a real work because it is risky to depend on crypto which the price is volatile unless you make it work for you to make a living. Crypto makes you greedy when the price soaring up but not all the time it is profitable. Having another job is needed for you to hold when it is not a right time to sell. 
Yes we can't rely only in bitcoin cause the value of bitcoin is not stable and like today the price of btc and other crypto is bad and some crypto addicts leave crypto industry, better to make btc as your part time not a main source of income and you should have your main job like physical job or much better if you own business that can sustained you daily living.
I'm sure the bear market has really teach those who rely on crypto as their means to survived. The market is very unstable and there's no way that someone will look at it like a stable job. 2017 is different and so is 2018. If you think that you can make lots of money just like 2017 then you're totally wrong. That's why it's better to save your earnings in crypto because we really don't know how far can it go to provide us with the needed money to bring food for our family (if you considering crypto as your main source of income).
I am sure there is more chance that we can do related to cryptocurrency so we can earn more money. The earning will not come from bitcoin only, and if you can do more then you will get another reward and that rewards can be exchanged to bitcoin and then exchange again to fiat. It means, we can get more and more income in the cryptocurrency. And if we can as much as we can, you cannot imagine how much money we will get it later.
The best thing about Bitcoin or any other crypto is that you can spend with fractions of a cent but the same doesn't apply for fiat.
I am sure there is more chance that we can do related to cryptocurrency so we can earn more money. The earning will not come from bitcoin only, and if you can do more then you will get another reward and that rewards can be exchanged to bitcoin and then exchange again to fiat. It means, we can get more and more income in the cryptocurrency. And if we can as much as we can, you cannot imagine how much money we will get it later.
Yes we can't rely only in bitcoin cause the value of bitcoin is not stable and like today the price of btc and other crypto is bad and some crypto addicts leave crypto industry, better to make btc as your part time not a main source of income and you should have your main job like physical job or much better if you own business that can sustained you daily living.
I think there is nothing wrong if we depend on bitcoin, as I have experienced to this day. At first I was confused because it was difficult to get a job and had no income, but when I knew Bitcoin, I could focus on work on the Bitcoin forum and be able to make money which for me was quite a lot. So whatever it is including bitcoin, if we want to focus on it, surely we will produce something useful for us.
I can say I will use the profitable amount from the cryptocurrency for me hold daily needs so cryptocurrency is my only money making me so I will definitely dependent of Bitcoin and other cryptocurrency so the different she will make a difference from each and every people if you had some other money making me you cannot depend on it.
I think there is nothing wrong if we depend on bitcoin, as I have experienced to this day. At first I was confused because it was difficult to get a job and had no income, but when I knew Bitcoin, I could focus on work on the Bitcoin forum and be able to make money which for me was quite a lot. So whatever it is including bitcoin, if we want to focus on it, surely we will produce something useful for us.
Jump to: