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.
right what you say we know the risks in investing with crypto currencies are very large and maybe also the problem of legality in my country is very minimal even the government directly prohibits crypto currency transactions directly 
Topic: Earning Bitcoin is good, but don't depent on it. - page 6. (Read 23609 times)
Planning to make cryptocurrency your main source of income is not bad. People just need to understand that it is much more difficult to do it now than before. Then many managed to snatch a piece of the pie and many are inspired by their experiences wanted also. But now everything has changed and therefore it is necessary to make more efforts to get rich.
depending fully on crypto currency as a means of livelihood is a wrong decision, like the author likely said, its good to earn bitcoin and crypto currency through the various means possible, but depending solely on it as a means of living will result in emotional disorder in times of a bearish market like we are currently in now.
Everyone in this world must have strategy in their life. Life who only depends on crypto i think is totally wrong, and like you and other else in here might be agree with it. We must have real job with fixed salary to keep maintain our life.Yes i too agree on this don't depend complete on crypto coins because there will not be standard income we can achieve through this channel we have to look for job or business which give us monthly standard money to fulfill the daily needs. Crypto can be part time job for us and we can spend time in phased manner to earn the money from crypto coins.
depending fully on crypto currency as a means of livelihood is a wrong decision, like the author likely said, its good to earn bitcoin and crypto currency through the various means possible, but depending solely on it as a means of living will result in emotional disorder in times of a bearish market like we are currently in now.
Everyone in this world must have strategy in their life. Life who only depends on crypto i think is totally wrong, and like you and other else in here might be agree with it. We must have real job with fixed salary to keep maintain our life.
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.
If you are depend on only one income source then someday you may be in trouble if that source doesn't work for you, same is the case with Bitcoin, although BTC can make millionaire in a short period but sole income dependency on it may be dangerous. One must have other sources of income may be some offiline business or fiat currency market. Dependency on single income source does not seem good. 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.
That's true we xant rely only in bitcoin our daily income because we know how risky bitcoin is and we know that in crypto market its always volatile so we can sure that we can have a good earnings everyday. We can manage the real job and doing earnings in crypto.
Before i depent on BITCOIN, i made sure that i have some savings to depend on.
YEAH, before i decided to stop working in normal life i save for a year allowance not just for me but for the whole family.
Luckily on the last quarter of 2017 i made a jackpot bounty which gave me 2 years of my salary before.
Now that the cryptocurrency community is at low life, i do manage to survive.
YEAH, before i decided to stop working in normal life i save for a year allowance not just for me but for the whole family.
Luckily on the last quarter of 2017 i made a jackpot bounty which gave me 2 years of my salary before.
Now that the cryptocurrency community is at low life, i do manage to survive.
Even though you say that don't depend on bitcoin, the reality is that most people think that they have put their lives on it. I realize that people only talking not what they want
I am totally agreed with you. We should depend on our main job. We should more careful that our main work is not hampered on account of it. Bitcoin is a good way to earning but we should take it beside our main work. We can't depend on bitcoin for lifetime.
When you get profit from bitcoin or altcoin investment, you have use your profit or your money for take action with real business, you have open real job and never depend your income from bitcoin, because bitcoin have speculative price.
Also note that earning with bitcoin is far better as the prices tend to rise quickly and you can get a lot of money for your earned coins.
You are ignoring the fact that BTC prices also fall drastically and it is 75% down from its ATH. Taking crypto as a full time job is not the ability of everyone.
I think there will come a time when people who have dedicated themselves to the crypto market in the past will be able to make cryptocurrency a full-time job. At the moment, it is risky to try to earn your existence only from cryptocurrency. The market is fluctuating, but I think Bitcoin will be a means of payment in many countries around the world and its fluctuation will not be so great anymore. I hope that in the future and ICO SCAM or projects without potential will be quickly removed, and efficiency on the crypto market will be better.
You know there are many people who have made bitcoin or crypto as their main income, and that doesn't matter. as long as you have a way that can produce big profits or steady income that can support you, why not?
Many people did a wrong decision because they chose to depend on the bitcoin than to continue their job. Now they regret what they did because not all of times they can earn money from the bitcoin.
Yes its good not to rely on depend on bitcoin cause we can never tell what the future holds so to be on the safer side we can also diversify into different investments so we do not get stuck in one and regret afterwards. Spread your investments thanks
a very true statement in my opinion to focus on the crypto currency I don't think can happen in my country because the prohibition that made it all cannot be done fully
Agree. Crypto investment, trading or bounties cannot be done has a full time job until and unless you are an trading expert, as Cryptocurrency market is quite volatile and it can badly affect your hard-earned money.
We can said this is take the advantage of a new thing that can be utilized from the side of its strengths, that's one thing that really deserves to be applied in our efforts in life. On the other side.. bitcoin is not really legal throughout the countries, and it's still a matter of consideration, in my opinion this is the best decision not to depend too much on bitcoin income in this life, I myself was doing that, making it as a another side of what I do to get income.
That is one of the problems of the investors, they see the bitcoin as investment for them to earn profit. They keep depending to the bitcoin for them to earn money. They experience losses because they always thinking that they can earn money from bitcoin.
all produce it either that is not excessively good or must always use bitcoin forever our lives are not fixed by bitcoin but many of them don't focus on just one point I think there will come a time when people who have dedicated themselves to the crypto market in the past will be able to make cryptocurrency a full-time job. At the moment, it is risky to try to earn your existence only from cryptocurrency. The market is fluctuating, but I think Bitcoin will be a means of payment in many countries around the world and its fluctuation will not be so great anymore. I hope that in the future and ICO SCAM or projects without potential will be quickly removed, and efficiency on the crypto market will be better.
Well, many people have made trading their full time job and they are doing it successfully. Trading with bitcoins/altcoins is not scam at all but the thing is that you are fully skilled before you start this. Also note that earning with bitcoin is far better as the prices tend to rise quickly and you can get a lot of money for your earned coins.
Well many are doing so but a lot more who tried end up realizing they made the wrong decision. It's a gamble that personally i don't think i'd be willing to make. I tried for a couple of months and though there's profit, it can't be depended on espescially if you have constant expenses.
yup, I strongly agree that relying entirely on bitcoin for daily needs is an inappropriate choice, especially for us small capital owners. I myself make the cryptocurrency industry especially bitcoin only as a free time filler that generates money profits when I myself still focus and have priority to finish my lectures.
we all have to agree that the crypto market is very unstable, we cannot expect to eat for the next 6 months in one form of long-term investment (hodl), obviously you will die because of that. and all forms of risk of loss must be dealt with, therefore everyone is ready with other supporting options when crypto is no longer profitable.
we all have to agree that the crypto market is very unstable, we cannot expect to eat for the next 6 months in one form of long-term investment (hodl), obviously you will die because of that. and all forms of risk of loss must be dealt with, therefore everyone is ready with other supporting options when crypto is no longer profitable.
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