Is it even possible to make a living by selling bitcoins?
i believe it is quite possible, if I have a very good miner, and accustomed to mining bitcoin, I'm sure I could live with selling bitcoins daily. 
Topic: How many bitcoins do you have to sell to make a living? - page 8. (Read 20756 times)
For someone who is a full member thats a really really stupid question. How did u even become a full member ?
I think i need at least 0.1-0.2 bitcoin/week to make a living. but since the bitcoin price keep going down, i think i will need more bitcoin for living.
0.1BTC/week enough for me. because I was young and unmarried. and try to live a simple, though young I never spend money to have fun
I need to earn 0.2 bitcoin each week for make a living my life. but nowdays it's hard because i feel lazy and the price of bitcoin keep decrease. and that makes me lazy to do it. if the price back up to $450 it will be good.
I am doing my day work as well along with bitcoin works. If I completely depend on bitcoin means according to my city conditions I need 1 btc per month for me to run my family.
I need to earn 0.2 bitcoin each week for make a living my life. but nowdays it's hard because i feel lazy and the price of bitcoin keep decrease. and that makes me lazy to do it. if the price back up to $450 it will be good.
I usually sell 1BTC every month to meet the needs of my life. This very enough, because I am still single 
The more important fact is your whereabouts. In some countries 1BTC is a LOT of money but rich EU countries or USA it is not that much.I think this question needs to be answered individually by every person who wants to trade bitcoin/cryptocurrencies.
And of course you can live from it, I know people who are earning that way, but that is not your standard office job, more like a gambling - but with potentially lower risks.
You are right, I live in India and it's very easy to survive if I spend BTC1 a month everytime...
But sometimes, inflation increases a lot due to which it is not possible to decide that what amount do we actually need in order to live on BTC...
it depends on where you live and how much is the cost of life in that place. in some big cities of some countries 1BTC/month is not enough for living no matter if you manage it smart or not. add to that factors like mortgage payment or student loans,... then even 2BTC is not going to be enough.
This is it exactly, there is no one right answer as there are way too many variables. To answer for you specifically you just figure what you need to live on in your local currency for 1 month, then divide that amount by price (in your currency)/1 btc and you will have the number for BTCs a month you need to live. Of course this will probably vary month by month as the price of btc fluctuates a lot.
BTC is still too new and volatile in price right now to be a reliable means of living off. Even if you managed to secure a steady 2 BTC a month income, and further assuming that was enough in your region to live off of, what happens if the price of BTC drops in half? Sadly, BTC is still very much tied to its value it fiat, so at the end of the day even if you are buying things in btc, it is still priced based upon its relative value in fiat. A 0.01 BTC Starbucks today might sell for 0.02 BTC tomorrow and 0.05 BTC next month.
i think i would need to sell a couple of hundreds to be rich and be able to live my life only from bitcoin
most of the time I don't need to sell bitcoin to make a living. only for paying some things like phone bills and such.
your friend trade socks? ookaaay...
I have a friend who trades alot. He usually day trades socks and shares, but recently he's gotten into bitcoin.
your friend trade socks? ookaaay...
I usually sell 1BTC every month to meet the needs of my life. This very enough, because I am still single
The more important fact is your whereabouts. In some countries 1BTC is a LOT of money but rich EU countries or USA it is not that much.I think this question needs to be answered individually by every person who wants to trade bitcoin/cryptocurrencies.
And of course you can live from it, I know people who are earning that way, but that is not your standard office job, more like a gambling - but with potentially lower risks.
You are right, I live in India and it's very easy to survive if I spend BTC1 a month everytime...
But sometimes, inflation increases a lot due to which it is not possible to decide that what amount do we actually need in order to live on BTC...
Yeah true, but after getting married, we need some more coins, not 1 full, but at least 0.5 BTC more in order to survive as if we get children in our life...
And yes, money management is obviously the most important step that we need to take care of if we are to live on Bitcoins alone, as the value of BTC is a factor based on which we will be managing our fiat and expenses...
Well if you don't have debt to the bank or other loans and payments and live frugally 1 BTC can be quite enough. And 2 BTC would be a nice living.
I usually sell 1BTC every month to meet the needs of my life. This very enough, because I am still single
The more important fact is your whereabouts. In some countries 1BTC is a LOT of money but rich EU countries or USA it is not that much.I think this question needs to be answered individually by every person who wants to trade bitcoin/cryptocurrencies.
And of course you can live from it, I know people who are earning that way, but that is not your standard office job, more like a gambling - but with potentially lower risks.
You are right, I live in India and it's very easy to survive if I spend BTC1 a month everytime...
But sometimes, inflation increases a lot due to which it is not possible to decide that what amount do we actually need in order to live on BTC...
it depends on where you live and how much is the cost of life in that place. in some big cities of some countries 1BTC/month is not enough for living no matter if you manage it smart or not. add to that factors like mortgage payment or student loans,... then even 2BTC is not going to be enough.
I have a friend who trades alot. He usually day trades socks and shares, but recently he's gotten into bitcoin. Maybe he's noticed the bitcoin price fluctuating from 380-420 every few days here
If he makes a living, im it's possible.
If he makes a living, im it's possible.
I usually sell 1BTC every month to meet the needs of my life. This very enough, because I am still single
The more important fact is your whereabouts. In some countries 1BTC is a LOT of money but rich EU countries or USA it is not that much.I think this question needs to be answered individually by every person who wants to trade bitcoin/cryptocurrencies.
And of course you can live from it, I know people who are earning that way, but that is not your standard office job, more like a gambling - but with potentially lower risks.
You are right, I live in India and it's very easy to survive if I spend BTC1 a month everytime...
But sometimes, inflation increases a lot due to which it is not possible to decide that what amount do we actually need in order to live on BTC...
I usually sell 1BTC every month to meet the needs of my life. This very enough, because I am still single
The more important fact is your whereabouts. In some countries 1BTC is a LOT of money but rich EU countries or USA it is not that much.I think this question needs to be answered individually by every person who wants to trade bitcoin/cryptocurrencies.
And of course you can live from it, I know people who are earning that way, but that is not your standard office job, more like a gambling - but with potentially lower risks.
You are right, I live in India and it's very easy to survive if I spend BTC1 a month everytime...
But sometimes, inflation increases a lot due to which it is not possible to decide that what amount do we actually need in order to live on BTC...
I usually sell 1BTC every month to meet the needs of my life. This very enough, because I am still single
The more important fact is your whereabouts. In some countries 1BTC is a LOT of money but rich EU countries or USA it is not that much.I think this question needs to be answered individually by every person who wants to trade bitcoin/cryptocurrencies.
And of course you can live from it, I know people who are earning that way, but that is not your standard office job, more like a gambling - but with potentially lower risks.
None. I am hodling my coins and not selling anything.
Later when the price goes moon I will probably start to come closer.
Later when the price goes moon I will probably start to come closer.
I usually sell 1BTC every month to meet the needs of my life. This very enough, because I am still single
The more important fact is your whereabouts. In some countries 1BTC is a LOT of money but rich EU countries or USA it is not that much.I think this question needs to be answered individually by every person who wants to trade bitcoin/cryptocurrencies.
And of course you can live from it, I know people who are earning that way, but that is not your standard office job, more like a gambling - but with potentially lower risks.
I usually sell 1BTC every month to meet the needs of my life. This very enough, because I am still single
Sooo many factors
Cost of living
How much BTC do you have
How are you going to keep the BTC supply going
Do you want to improve your lifestyle
Are you willing to cut your lifestyle back
and so on
The answer would be different for each and every one of us
Cost of living
How much BTC do you have
How are you going to keep the BTC supply going
Do you want to improve your lifestyle
Are you willing to cut your lifestyle back
and so on
The answer would be different for each and every one of us
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