How many bitcoins do you have to sell to make a living? - page 3.

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Quote from: Das on July 22, 2016, 03:00:18 PM

Quote from: Ninjahitoko on October 09, 2015, 10:02:03 AM

Is it even possible to make a living by selling bitcoins?

That depends on where you live. Right now bitcoins is ~$656 and in lots of third world countries, that amount is sufficient for a family of 4/5 to live on for a month.

Yeah if you are living in third world country then cost of living is not too high so you can easily earn a living with bitcoin if you are earning a descent amount of bitcoins.

Digitalbitcoin

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Its all up to needs. No can decide what are real expensive individual have.

Also need to prepare to bring that much amount of bitcoin residual to wallet so that user can spend them to make living on it.

Also have to consider inflation ratio. As few countries have very high inflation rate and few have lower inflation rate. Next is currency value.
Because every country have their own fiat currency and have certain values for exchanging them.

Das

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Quote from: Ninjahitoko on October 09, 2015, 10:02:03 AM

Is it even possible to make a living by selling bitcoins?

That depends on where you live. Right now bitcoins is ~$656 and in lots of third world countries, that amount is sufficient for a family of 4/5 to live on for a month.

stromma44

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Quote from: Cresciuanto on July 20, 2016, 01:20:56 PM

i think i do not have enough amount of bitcoin that if i sell it i can make a living. i think i am not depending on bitcoin for living. because i have my job and i consider bitcoin as a side business. no doubt that it give me a good amount of money on regular basis but still i cannot compromise on that.

Yeah our full time job is taking care of our living so I think we should not worry about that bitcoin is adding value to our wealth which will be more worth in future.

phpdev

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this question same as how much money do you need for a living.
depends on where we living and who we are.

Cresciuanto

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i think i do not have enough amount of bitcoin that if i sell it i can make a living. i think i am not depending on bitcoin for living. because i have my job and i consider bitcoin as a side business. no doubt that it give me a good amount of money on regular basis but still i cannot compromise on that.

stromma44

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Quote from: arseaboy on July 19, 2016, 07:09:06 AM

Quote from: JumperX on July 18, 2016, 05:26:31 PM

Quote from: romero121 on July 17, 2016, 11:20:19 AM

For a entire lifetime living with comfort in a luxurious manner in my country at least 500btc is required. Also to have a simple life it needs at least half the bitcoin of current price per month is required.

That's true but it also depends on what country you are living in, as cost of living varies from country to country, for me I think 100 btc is more then enough to live a luxury life.

yes sir here in our country 100btc will convet to a million pesos and you can have a decent house and car with that amount so 100-200 btc would be more than enough, i'm in the process of learning how to work with btc trading plus alt i want to stay at home and be with my family so i really into it and study it hard.

Yes mate bitcoin allows us to work on flexible hours so that you can spare time for your friends and family and you can work according to your convenience but the most important thing is that you should have different methods to earn it.

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Quote from: JumperX on July 18, 2016, 05:26:31 PM

Quote from: romero121 on July 17, 2016, 11:20:19 AM

For a entire lifetime living with comfort in a luxurious manner in my country at least 500btc is required. Also to have a simple life it needs at least half the bitcoin of current price per month is required.

That's true but it also depends on what country you are living in, as cost of living varies from country to country, for me I think 100 btc is more then enough to live a luxury life.

yes sir here in our country 100btc will convet to a million pesos and you can have a decent house and car with that amount so 100-200 btc would be more than enough, i'm in the process of learning how to work with btc trading plus alt i want to stay at home and be with my family so i really into it and study it hard.

junder

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in my country if I have 100-200 btc its enough to make a living
because the cost of living in my country is not too expensive.

JumperX

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Quote from: romero121 on July 17, 2016, 11:20:19 AM

For a entire lifetime living with comfort in a luxurious manner in my country at least 500btc is required. Also to have a simple life it needs at least half the bitcoin of current price per month is required.

That's true but it also depends on what country you are living in, as cost of living varies from country to country, for me I think 100 btc is more then enough to live a luxury life.

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For a entire lifetime living with comfort in a luxurious manner in my country at least 500btc is required. Also to have a simple life it needs at least half the bitcoin of current price per month is required.

milewilda

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Yes it's possible if you have lots of Bitcoin let's say you have 2000btc.. you can make a living with it. Invest 50% then 30% just hold it and the rest do trade altcoins it would give you such profit without touching your remaining bitcoins.

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Quote from: traderbit on July 15, 2016, 02:58:43 PM

Quote from: Ninjahitoko on October 09, 2015, 10:02:03 AM

Is it even possible to make a living by selling bitcoins?

The standard of life is different on every country, even in different city on the same country so around me for a person with one bitcoin he can make a living for a month.

yes actually you have a point there pal. Every country has difference in the standard kind of life. Some countries have expensive goods,clothing etc. than to other countries it depends on the place. If 1 BTC in your country is big or enough to make a living and in other country lets say 5 btc/month in order to have a living, theres a difference regarding to the prices.

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Quote from: Ninjahitoko on October 09, 2015, 10:02:03 AM

Is it even possible to make a living by selling bitcoins?

I think it is possible in any, but in my opinion it's better not to depend only on bitcoin. Better look for a job pal, or if you already have enough BTC create their own business

and you could be the make living from the business

hermanhs09

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If we are thinking about selling some bitcoins every month,to get payed for your life:food,house,bills etc. it would be hard to say i think.
we are not talking the way that you would make some bitcoin every day of course, but we dont know what will be the further price of btc,so it would be hard to tell
Anyway,i think that selling 0,5 btc weekly would be fairly enough for you,but i dont know your expenses to tell the truth.

traderbit

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Quote from: Ninjahitoko on October 09, 2015, 10:02:03 AM

Is it even possible to make a living by selling bitcoins?

The standard of life is different on every country, even in different city on the same country so around me for a person with one bitcoin he can make a living for a month.

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Quote from: Zadicar on July 14, 2016, 11:12:45 PM

in my country i can live 1btc/month, but the question is how can i get it? Grin

.. if i do only have 1000BTC then i would invest half of it to buy miners s7 or s9, that would surely give me enough funds to make a living and the other half amount of bitcoin i will hold it until the price would rise and make profit of it.

Well that's true, 1 bitcoin in where I live is also enough for 1 month of simple living.. so probably we need bigger amount of bitcoin to sustain a living without working and just by selling bitcoin. We need to have an amount that would make us a total of 1 bitcoin ( in percentage) as an interest in one month, so it means a big amount..

Zadicar

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in my country i can live 1btc/month, but the question is how can i get it? Grin

.. if i do only have 1000BTC then i would invest half of it to buy miners s7 or s9, that would surely give me enough funds to make a living and the other half amount of bitcoin i will hold it until the price would rise and make profit of it.

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Quote from: alplaxxx on July 11, 2016, 01:25:39 PM

to make a living all you need is hundreds of bitcoin in your wallet, invest it or sell it when the bitcoin are high, hold it when the bitcoin are low, I think this system make you a living, do not engaged to the gambling site for you not to lose you're bitcoin, may be in trading you can earn some bitcoin to continue the flow of bitcoin to your wallet,

If you want to earn a living from bitcoin then I think you need to invest huge capital at initial stage as only earning from signature campaign will not help, but if you are an active trader then you can earn profits regularly.

winer432

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i think we need hundreds of bitcoin to make a living, and depend to our country, how much is bitcoin value to our currency today.

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