Is it possible to build a career with bitcoin? - page 3.

posi

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Quote from: Natsuu on October 29, 2023, 05:27:12 AM

Quote from: yhiaali3 on October 25, 2023, 10:33:41 PM

Yes, it is possible to build a career with Bitcoin. It cannot be said that Bitcoin can be used as a profession, but of course you can make a successful investment in the long term.

If you want to have a career and a monthly income from Bitcoin, you must start your own project and work to make it successful in order to obtain a monthly income.

As for simply investing in Bitcoin without building your own project, it is different from a career because you buy and wait for a rise, and this may take months or years. Therefore, in long-term investment, it is not possible to rely on Bitcoin to obtain a career and a fixed monthly income.

Right. I think it is a great to build your career from bitcoin. It does not necessarily mean that you stick on bitcoin alone. Building a career in Bitcoin and cryptocurrencies often requires a strong understanding of blockchain technology, programming skills, financial acumen or a combination of these skills. Continuous learning and staying updated with the latest developments in the industry are also need to build this crypto career you aim.

What you two are talking about is building your own project with programming and technology related skills, and to do that we need to be fully trained, at least a university graduate majoring in information technology. And what OP is saying is that he only wants to invest and trade bitcoin, and he is trying to imply that he only needs to invest in bitcoin to build a career. And I wouldn't agree with that, he just wants to use his savings to invest in bitcoin, hoping that it will bring him wealth without having to work.

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Quote from: yhiaali3 on October 25, 2023, 10:33:41 PM

Yes, it is possible to build a career with Bitcoin. It cannot be said that Bitcoin can be used as a profession, but of course you can make a successful investment in the long term.

If you want to have a career and a monthly income from Bitcoin, you must start your own project and work to make it successful in order to obtain a monthly income.

As for simply investing in Bitcoin without building your own project, it is different from a career because you buy and wait for a rise, and this may take months or years. Therefore, in long-term investment, it is not possible to rely on Bitcoin to obtain a career and a fixed monthly income.

Right. I think it is a great to build your career from bitcoin. It does not necessarily mean that you stick on bitcoin alone. Building a career in Bitcoin and cryptocurrencies often requires a strong understanding of blockchain technology, programming skills, financial acumen or a combination of these skills. Continuous learning and staying updated with the latest developments in the industry are also need to build this crypto career you aim.

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Quote from: BD Technical on October 25, 2023, 09:10:53 PM

One of my older brothers bought bitcoin with that money, instead of keeping it in the bank, about 6 months ago, the price of bitcoin was 24-25k+, and he bought about 1 BTC. The price of bitcoin has increased to 34K+. In just 6 months, he has made a profit of 9k+ dollars, which would have taken more than 20 years to get from the bank. This means that bitcoin can become a millionaire if people invest in it at the right time. I also bought some bitcoins myself and did it by withdrawing money from the bank. Success is not possible if you do not take risks in life. I know how hard it is to make money and if it is to sweat your head and work day and night, then it is worth it. And we can make a lot of income by buying or trading bitcoin with the right rules. I think bitcoin is a bright future for us.

It might have been possible to become a millionaire by owning bitcoin in the past, but today it doesn't seem so realistic. The times where people could make life changing returns just by holding bitcoins alone are over, we need to take more risks today to achieve exceptional high returns. A 9k+ USD return in 6 months sounds nice, but you can only get that if you already have the money to own 1 Bitcoin before. So, now we need to have a starting portfolio that we can grow, without any money it will be hard to make big returns and become a millionaire. That is why it's so important to have a full-time job that makes enough money where we can save each month. Building a fortune from scratch is very hard and might lead to taking much higher risks than we are willing to take. To make returns we need to take risks, but they should be controllable and not make us risk all our money in a bad trade. Don't put all your money into one basket, better to diversify and spread out our investments, like that we can increase the chance to find the next bitcoin that will make huge price jumps.

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Quote from: barisbilgili on October 27, 2023, 09:23:59 AM

Quote from: HelliumZ on October 27, 2023, 08:46:27 AM

Quote from: BD Technical on October 25, 2023, 09:10:53 PM

One of my older brothers bought bitcoin with that money, instead of keeping it in the bank, about 6 months ago, the price of bitcoin was 24-25k+, and he bought about 1 BTC. The price of bitcoin has increased to 34K+. In just 6 months, he has made a profit of 9k+ dollars, which would have taken more than 20 years to get from the bank. This means that bitcoin can become a millionaire if people invest in it at the right time. I also bought some bitcoins myself and did it by withdrawing money from the bank. Success is not possible if you do not take risks in life. I know how hard it is to make money and if it is to sweat your head and work day and night, then it is worth it. And we can make a lot of income by buying or trading bitcoin with the right rules. I think bitcoin is a bright future for us.

Investing in Bitcoin is undoubtedly a profitable business but you should not choose Bitcoin as your career. Build your career first and get a good private or government job. If you can earn well and invest in Bitcoin with that earnings then it would be wise. Moreover, if you keep money in the bank, you will not get the profit at the rate that will give you interest, but if you invest in Bitcoin, you will get much more profit than the bank. Do not keep your invested bitcoins in an exchange wallet or a wallet with low security.

Making an investment certainly requires capital to be able to do it and we also have to understand it well so that we can make an investment to be able to get a profit from the investment we make, if we have a steady income then it will be very easy to be able to make an investment, we can buy it using some of our income. that we have and buy it consistently, of course we will be able to get a profit from the investment we make. You are right, we can get very little profit from saving money in the bank and the bank can use our money for their needs. Of course this is very detrimental to us, but it will be very different from investing in Bitcoin. We can get profits from the investment and trading that we do. do it and also we can withdraw the money we have whenever we need it.

If you are the kind of person who sees the potential of Bitcoin and knows that you will make a profit from it, now comes the decision to invest in it. Of course, once you invest in Bitcoin, you are obviously an investor. Now, can you call that a career?

Maybe, when it's said career, it's a broad matter. Perhaps, from another angle, making bitcoin can become a career if, because of this, you learn how to trade. Now, if you are a long-term investor, maybe this is your profession.

armanda90

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You can build up a career with bitcoin but depend on moment or timing when investing or bought bitcoin, regarding your friend invested in bitcoin last six months ago and price still down trend around $24K and right now bitcoin success raised almost $35K. Its mean your friend earned profit almost 10K without six months and large amount if your comparison when holding or saving money in bitcoin, but its not always guarantee with your investment in bitcoin keep earn profit.

You need to understand about investment mean, there are have two way can bring profit or loss when investing in bitcoin depend on your moment entry until how smart research and analyze before buying bitcoin. Beside have target to earn much profit with bitcoin investment you need to understood with risk when invest assets in bitcoin.

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Quote from: BD Technical on October 25, 2023, 09:10:53 PM

One of my older brothers bought bitcoin with that money, instead of keeping it in the bank, about 6 months ago, the price of bitcoin was 24-25k+, and he bought about 1 BTC. The price of bitcoin has increased to 34K+. In just 6 months, he has made a profit of 9k+ dollars, which would have taken more than 20 years to get from the bank. This means that bitcoin can become a millionaire if people invest in it at the right time. I also bought some bitcoins myself and did it by withdrawing money from the bank. Success is not possible if you do not take risks in life. I know how hard it is to make money and if it is to sweat your head and work day and night, then it is worth it. And we can make a lot of income by buying or trading bitcoin with the right rules. I think bitcoin is a bright future for us.

Actually there are lots of opportunities to make money in the Web3 space. Investing in crypto currency can become a career if you take your time to understand the volatility of the crypto market. Other than that you can also utilize the advantage of some top exchanges like Bitget in other to make money with functions like copy trading, bot trading and some other investments products like Shark fin.

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Quote from: BD Technical on October 25, 2023, 09:10:53 PM

One of my older brothers bought bitcoin with that money, instead of keeping it in the bank, about 6 months ago, the price of bitcoin was 24-25k+, and he bought about 1 BTC. The price of bitcoin has increased to 34K+. In just 6 months, he has made a profit of 9k+ dollars, which would have taken more than 20 years to get from the bank. This means that bitcoin can become a millionaire if people invest in it at the right time. I also bought some bitcoins myself and did it by withdrawing money from the bank. Success is not possible if you do not take risks in life. I know how hard it is to make money and if it is to sweat your head and work day and night, then it is worth it. And we can make a lot of income by buying or trading bitcoin with the right rules. I think bitcoin is a bright future for us.

Despite what many say, it is not possible to make an overnight career by investing in Bitcoin.You have never seen small investors like me build or build their careers properly by investing in bitcoins.Investing has to face both profit and loss, those who invest have to accept this.But if you buy the right coin at the right time and invest, you can make a profit.The main attraction for investors is the coin Bitcoin.It is good to invest in bitcoins but not by borrowing. You asked and said that you invested by withdrawing money from the bank. Maybe you borrowed it.Invest in such a way that even if you lose, you can handle the shock.But if you invest with debt and it turns out to be a loss, then your risk will increase.But honestly, investing in Bitcoin can be a little safer.

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Quote from: AicecreaME on October 27, 2023, 08:34:42 AM

Bitcoin can bring you so much profit if and if you only know what you're doing.

I don't recommend investing all in in Bitcoin, unless you have a regular job where you can get extra money to sustain your needs and bills so you won't be force to sell your holdings in a price that you're not happy since you have no choice because you have responsibilities as an adult. But don't rush your decision just because someone you know made a profit in just a short period amount of time, bitcoin is not always going up, we have the bear market season, don't forget that.

Well, obviously, Op's older brother made the right decision. And I think Op's brother's idea is broader than his when it comes to having knowledge here, based on my observation of Op's story. And from what I noticed, Op's older brother is also a long-term holder.

In addition to that, Op doesn't seem to be a long-term holder either; instead, he is a short-term holder, I guess. Didn't Op ask his brother why he held Bitcoin long-term or when he plans to sell it? If I look at it, it seems that Op is being given the strategy by his brother that he should do with Bitcoin.

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Investing in BTC or any other crypto for that matter isn't considered a career, but a gamble op since these currencies are usually extremely volatile leading to fluctuating profits or losses in the short-term and long-term.

You are clearly newbie focused on FOMO at the moment which is pretty evident. Invest only what you are willing to lose at the end of the day.

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Quote from: cafter on October 27, 2023, 11:05:35 PM

Engaging in this isn't quite a good career; it's more of a method to generate money, particularly if you already have some capital to invest (like given by your parents). If you are young and considering the strategy of simply buying low and selling high, it might lead you to lag behind others who are actively learning and improving skill sets every day. It's crucial to concentrate on learning something important, either by working for a company or starting your own business. This path will provide you with significant hands on experience which you can use to earn in future maybe if you dont have the option of buying low and selling high bitcoin.

It might not be considered as good career since you could study and learn more like being a professional or licensed in a certain career. But let's not be little people who focused on doing in crypto industry or Bitcoin, cause I know some people, but I'll be honest that they are just few which can be counted by finger, that succeeded in the path of crypto industry.

They are also engaging in this industry, as well learning from taking a degree in schools for example BSIT, which is more related into computer and technology that we could applied to blockchain. Once you profited huge in Bitcoin, there's a lot of option that you could do to have alternative money sources, by just simply using your funds into building a business, reinvesting into real estate and etc. Cause we can't really put all the eggs in one basket they said.

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Engaging in this isn't quite a good career; it's more of a method to generate money, particularly if you already have some capital to invest (like given by your parents). If you are young and considering the strategy of simply buying low and selling high, it might lead you to lag behind others who are actively learning and improving skill sets every day. It's crucial to concentrate on learning something important, either by working for a company or starting your own business. This path will provide you with significant hands on experience which you can use to earn in future maybe if you dont have the option of buying low and selling high bitcoin.

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Op, many have commented on making a career out of investing in Bitcoin. Actually investing in bitcoins should not be sought to make a career and it doesn't seem to be possible to make a career. Op, how do you want to build a career? Do you just want to be dependent on investment? You said you withdrew money from the bank and invested in Bitcoin, you didn't have savings in the bank did you borrow from the bank? Investing in Bitcoin is risky if you invest with a loan from a bank it is even more risky. Many others said I would say the same. Before you invest in bitcoins, you should definitely find the source of the ayre. You will always need money to survive in life. If you don't have any other source of income, how will you get money, eventually you will have to sell bitcoins from your investment. Before investing in Bitcoin choose the source of income and save and it will be better to invest in Bitcoin with the saved money. It's not that if you can't invest in Bitcoin now, you won't be able to in the future. Of course you will have more opportunities to invest in Bitcoin in the future.

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Quote from: BD Technical on October 25, 2023, 09:10:53 PM

One of my older brothers bought bitcoin with that money, instead of keeping it in the bank, about 6 months ago, the price of bitcoin was 24-25k+, and he bought about 1 BTC. The price of bitcoin has increased to 34K+. In just 6 months, he has made a profit of 9k+ dollars, which would have taken more than 20 years to get from the bank. This means that bitcoin can become a millionaire if people invest in it at the right time. I also bought some bitcoins myself and did it by withdrawing money from the bank. Success is not possible if you do not take risks in life. I know how hard it is to make money and if it is to sweat your head and work day and night, then it is worth it. And we can make a lot of income by buying or trading bitcoin with the right rules. I think bitcoin is a bright future for us.

He would have earned about $18k in profits if he had done the same during the last couple of months of last year because the price of Bitcoin was around $16k-18k, so there is obviously no doubt that Bitcoin investments pay off, and sometimes way too soon than we might expect. However, one shouldn't really expect the same to happen every time they make an investment because Bitcoin has a cyclical movement pattern where it goes down for a few years which is called the bear market, and then it goes up for the next couple of years which is generally termed as the bull market.

So, those who actually manage to make purchases during the bear market tend to earn good profits but that depends on the price they've bought their assets at and the time of their investment. You might have to wait for years if bear market is extended and the price doesn't go up very quickly. So, it's also about patience because those who panic and can't keep holding will also tend to lose money.

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Someone making a career out of something is what gives them daily or monthly earnings. Making a career out of bitcoin is not what someone should think of doing due to how volatile it is. Take for instance you invested a small or a big amount into bitcoin. The next day or month when you intend to sell for profits, you notice that the price of Bitcoin is on the downside. What will you do about that when you have a financial problem at hand to solve?

The message is that is not in any way right to have bitcoin as a career, instead have it as an investment you make for future riches not the other way around of becoming rich quickly. Your brother is lucky to have bought 1btc when the crypto market was a bit bearish and he was able to gain a 9k profit within a short time when the market gave some green light

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Anything that we want to buy now can be done with bitcoin, but we have to be very smart, right now that bitcoin has a good price, so we have to take advantage and buy, because I am sure that in a very short time the price will be very high, nothing More than buying right now is a good decision, it is below what it is going to be, that is very good, I don't know if others see it that way, but what I can say is that if I had money I would buy a lot of bitcoin so I left without anything, because it is an investment that is for the future. I think that things should go in that direction if you want to have a lot of money, but a lot, and secure your future, maybe right now you will eat the vine but later you will eat the ripe ones.

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Bitcoin is a long-term investment asset. It took your brother 6 whole months to accumulate that profit. What will be your plan for that period of time? You can't just live off of nothing. You'll need other sources of income in order to survive till the profits come to you. The main rule of Bitcoin investment is to invest what you can you afford to lose. For that, you need to already have a good income from which you can spare some money that you can afford to lose with which you can invest into Bitcoin. Building a career with Bitcoin is impossible if you don't own a good amount of money already.

Every investment including Bitcoin investment carries risks. There are chances of profits as well as losses. When nothing is certain in this investment, how can one choose it as a career? Bitcoin investment can be volatile from time to time. In times of emergency, you may have to sell at a loss if you don't have any backup plans. There are some other problems that we need to face if we choose Bitcoin Investment as a career. So it is better to have it as a side hustle for the long run and work on other things as a primary source of income.

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Quote from: HelliumZ on October 27, 2023, 08:46:27 AM

Quote from: BD Technical on October 25, 2023, 09:10:53 PM

One of my older brothers bought bitcoin with that money, instead of keeping it in the bank, about 6 months ago, the price of bitcoin was 24-25k+, and he bought about 1 BTC. The price of bitcoin has increased to 34K+. In just 6 months, he has made a profit of 9k+ dollars, which would have taken more than 20 years to get from the bank. This means that bitcoin can become a millionaire if people invest in it at the right time. I also bought some bitcoins myself and did it by withdrawing money from the bank. Success is not possible if you do not take risks in life. I know how hard it is to make money and if it is to sweat your head and work day and night, then it is worth it. And we can make a lot of income by buying or trading bitcoin with the right rules. I think bitcoin is a bright future for us.

Investing in Bitcoin is undoubtedly a profitable business but you should not choose Bitcoin as your career. Build your career first and get a good private or government job. If you can earn well and invest in Bitcoin with that earnings then it would be wise. Moreover, if you keep money in the bank, you will not get the profit at the rate that will give you interest, but if you invest in Bitcoin, you will get much more profit than the bank. Do not keep your invested bitcoins in an exchange wallet or a wallet with low security.

Making an investment certainly requires capital to be able to do it and we also have to understand it well so that we can make an investment to be able to get a profit from the investment we make, if we have a steady income then it will be very easy to be able to make an investment, we can buy it using some of our income. that we have and buy it consistently, of course we will be able to get a profit from the investment we make. You are right, we can get very little profit from saving money in the bank and the bank can use our money for their needs. Of course this is very detrimental to us, but it will be very different from investing in Bitcoin. We can get profits from the investment and trading that we do. do it and also we can withdraw the money we have whenever we need it.

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Quote from: BD Technical on October 25, 2023, 09:10:53 PM

One of my older brothers bought bitcoin with that money, instead of keeping it in the bank, about 6 months ago, the price of bitcoin was 24-25k+, and he bought about 1 BTC. The price of bitcoin has increased to 34K+. In just 6 months, he has made a profit of 9k+ dollars, which would have taken more than 20 years to get from the bank. This means that bitcoin can become a millionaire if people invest in it at the right time. I also bought some bitcoins myself and did it by withdrawing money from the bank. Success is not possible if you do not take risks in life. I know how hard it is to make money and if it is to sweat your head and work day and night, then it is worth it. And we can make a lot of income by buying or trading bitcoin with the right rules. I think bitcoin is a bright future for us.

I don't see a career through investing in bitcoin. It's not all the time that the price will move up and continue to skyrocket. Since it's a highly volatile asset, then expect that any time of the day the price will plunge and continue to drop quickly and deeply. This is why investing in bitcoin will never guarantee a sustainable career no matter how big the amount you put as a capital. As long as it remains volatile, we can't expect bitcoin to offer a fixed price or value.

However, we can consider bitcoin investment as a side hustle. It can give us additional income but not in a consistent basis. So never rely on bitcoin if you are jobless. Have a stable job instead so you can achieve a sustainable career.

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Quote from: AicecreaME on October 27, 2023, 08:34:42 AM

Bitcoin can bring you so much profit if and if you only know what you're doing.

I don't recommend investing all in in Bitcoin, unless you have a regular job where you can get extra money to sustain your needs and bills so you won't be force to sell your holdings in a price that you're not happy since you have no choice because you have responsibilities as an adult. But don't rush your decision just because someone you know made a profit in just a short period amount of time, bitcoin is not always going up, we have the bear market season, don't forget that.

Some people do investing or trading as their full time, where they made it as their source of money, which is really not suitable cause Bitcoin is volatile, so if you're unlucky for not having any profits or money, then there's no food at the table as well. So consider this kind of money sources as a side hustle or extra job, but having alternate income would give you more money to invest and to provide all your essential needs. We have our own process in this industry, so seeing someone profited and copying their style would might give you a negative effect since it's not really applicable to anyone, as we have our own patience and decision making. If you're just an average person wanting to invest with having an average salary, then DCA could help you to get invested to secure your future, it might take a long time but it would pay off in the end, since we all know the potential of Bitcoin.

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Quote from: BD Technical on October 25, 2023, 09:10:53 PM

One of my older brothers bought bitcoin with that money, instead of keeping it in the bank, about 6 months ago, the price of bitcoin was 24-25k+, and he bought about 1 BTC. The price of bitcoin has increased to 34K+. In just 6 months, he has made a profit of 9k+ dollars, which would have taken more than 20 years to get from the bank. This means that bitcoin can become a millionaire if people invest in it at the right time. I also bought some bitcoins myself and did it by withdrawing money from the bank. Success is not possible if you do not take risks in life. I know how hard it is to make money and if it is to sweat your head and work day and night, then it is worth it. And we can make a lot of income by buying or trading bitcoin with the right rules. I think bitcoin is a bright future for us.

Investing in Bitcoin is undoubtedly a profitable business but you should not choose Bitcoin as your career. Build your career first and get a good private or government job. If you can earn well and invest in Bitcoin with that earnings then it would be wise. Moreover, if you keep money in the bank, you will not get the profit at the rate that will give you interest, but if you invest in Bitcoin, you will get much more profit than the bank. Do not keep your invested bitcoins in an exchange wallet or a wallet with low security.

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