Topic: Is it possible to build a career with bitcoin? - page 5. (Read 898 times)

It is quite interesting that you can see how volatile the market could be, the same way you need to think of the contrary. The market can become bullish anytime and that's the major reason why we need to invest wisely and not use fund that we ought to use for something urgent. It is appealing for us to invest a particular amont in Bitcoin and notice that it had appreciated within a little space of time.

 Bitcoin cam be a profitable business or investment if we can invest what we know we can afford to lose. We don't need to invest funds that is meant for something else. The market is volatile and we can't determine what will happen next in the market at a particular time except we are market analysts. If we can hold for a long time, we might make good profits from the market especially when we buy at low price and sell at higher price than what we bought..

Bitcoin has a great future and of course bitcoin can turn someone into a millionaire if they can really take advantage of its price volatility. I'm sure someone can build a good career with bitcoin, I mean they can open certain services that accept bitcoin as a means of payment, while you can still make a profit from bitcoin by mining, trading or investing with it.

There are many users who are starting to accept the new idea of ​​making money with bitcoin, including influencers who talk about bitcoin and share their opinions on social media. You can also become a bitcoin lecturer or teacher anywhere, your knowledge of bitcoin should get you a fair amount of pay.

Good to see that your brother made the investment in the bear market and was able to earn this profit.  I have also seen many people who bought on that time when bitcoin was 60k+ and still waiting for it to recover.  So in these aspects I would say your brother was lucky.
Even then I will tell you to suggest your brother to buy bitcoins again including all his profits.  Because I don't think $9000 is a huge amount in this era, but if he can hold that one bitcoin for a few more years, then it will be seen that he has been able to achieve a big profit. Because the bull run has not started yet. Adopt a long-term investment strategy if you want to build a career in Bitcoin.  Moreover, you can build a career by providing services with the skills you have and earn bitcoins as payment.

Of course, bitcoin is an asset worth owning because of its high value and history always proves that the price of bitcoin moves up consistently. However, you need to consider the risks, maybe you will be lucky if it doesn't take a long time to get quite a lot of profit from Bitcoin. However, it's a different story if you buy bitcoin when the price is very high, for example $60k, then it will take you longer for the bitcoin price to return to $60k. I'm sure bitcoin will pass that price but it will take longer

Even if you are currently making a profit from bitcoin, I recommend that you do not put all your money into bitcoin. You need to save for emergencies so that if there is an urgent need you don't have to sell your bitcoins so you can sell your bitcoins at a higher price.

A good trade indeed, if that has happened in real and they have not wasted the money on hookers or anything like that.

I know the Bangaldeshi users are having a notion that bitcoin and earning them through campaigns is like a job and so is trading for them. please exercise caution here, this forum is not a permanent thing, who knows what might happen in future and so is trading. Always try to get yourself a job or take over your ancestors business in order to start a stable line of income and then keep crypto as a side hustle not the main.

You can build a career from this, but it depends on how you define that career.

Yes, building a career in the investment world is not easy, we must have sufficient knowledge to start it. With the rapid development of technology, many people are starting to open their minds to generating or creating other sources of income through investment.

It doesn't depend on salary income every month, in the world of investments such as shares, gold, property, crypto, there are different risks. There are many benefits to building a career in investment,
- prepare the needs for a bright future
- investment can also fight cruel inflation
- achieve financial freedom.

Congratulations to your brother for being able to get a profit from investing, it's much better to save for a long time and you will get extraordinary profits. This asset is truly extraordinary, many billionaires out there really believe in this asset.

This mostly depends upon luck and I can say also it depends on the market conditions sometimes and the entry taking time. As I can tell you a story here, there was one of my relatives who had invested in a company there and he was going to make his referral through which he was going to earn a lot. Time has been passed and he invited his brother to invest in that when he started to sell his home and other things and then he invested in that, Within one month the company went and his brother was at a loss and not only a loss that was a big loss for him.

So, in crypto sometimes we have to face these things for which our luck depends mostly and also the strategies we are going to apply in certain conditions as well. We should be ready at any instant for any situation that is coming. BTW good luck to your brother but think a lot before taking any steps in crypto.

Good amount of money can be made from bitcoin only if people can hodl till the bull season, but it is very difficult for some investors to hodl bitcoin because they are just interested in making money so fast. Hodling is the only way that profit can be made from bitcoin but some people have the mentality bitcoin can just be a system where money can be generated in a short time.  It is very possible to build a better profitable investment from bitcoin if only one is able to understand bitcoin that good profit can only be gained if hodling is applied.

It's great to see another person who is coming and confirming the benefit taken from the Bitcoin system. A lot of people are still confused about Bitcoin and they think if they invest in it they will lose money. Actually these type of persons are going away from the risk, they does not have the  guts and potential to do that and they blame Bitcoin for it. Bitcoin is not a scam it's a truly pure currency but the people who are using it for illegal purposes are the devils.
Well, investment always gives you benefits if you choose the right time for investment and withdrawal. A real successful person knows how and when to enter and when to leave and this is an art and your brother knows it well, that's why he instead of leaving it in the bank prefers to invest in Bitcoins and of course its fruit of taking the risk. However, it also depends on luck , the story doesn't mean to invest your whole money in Bitcoin maybe his brother is an expert in it and you will lose because you don't know things well.

If Bitcoin is used as an investment asset, its potential will indeed be very large. Because bitcoin is an investment asset that has a fairly clear cycle. So by having sufficient knowledge and sufficient (large) capital, the possibility of making a profit will potentially be greater. So if Bitcoin is used as a career in terms of investment, it would be very good.

You're right bro. When making changes in life, especially if you want to achieve success, sometimes taking risks is always necessary. Likewise, when you want to start investing in Bitcoin, there will always be risks and you must be brave enough to take these risks. But even though you have to take risks, that doesn't mean you have to be careless and push yourself too hard. Because even though he dares to take risks, he is very reckless (not calculated). In the end, there is definitely a possibility that it will not end well. For example, when investing in bitcoin. Don't invest using hot money such as borrowing or using money for daily needs, because this is very risky. Next, don't invest if your knowledge is not optimal, because this will also be very risky. So, these two risks are best avoided and should not be taken. Because this is a risk that tends to result from carelessness.

So what is meant by taking risks, especially in investing in Bitcoin, is when all aspects such as knowledge and capital have been well prepared. However, for example, bitcoin experiences a very large price decline and results in losses. In my personal opinion, that is what is meant by risk.

Whether someone can become a millionaire by investing in Bitcoin depends very strongly on how wealthy a person is, unless we count the really early years. Op mentioned a brother who bought Bitcoin at $25k, but tons of people don't having anything close to that money to put into Bitcoin. Also, Bitcoin would need to grow 40x for this particular person to become a millionaire, and I think it's not realistic, at least not in any near future. Bitcoin does tend to grow over time, but not as much, not anymore. Also, one can easily invest at a wrong time and then wait for years, being at a loss, so Bitcoin isn't really a stable source of income on its own.

Bitcoin investment is profitable when you study the chart of bitcoin and understand the movement of the candle sticks, some of the investors doesn't care to know the next of bitcoin price before they invest their huge amount of money, but one thing is that if you are determine you will make a profit in bitcoin investment.

But it's quite understanding that is not everyone who invest in bitcoin that makes profit, some people doesn't make profit they don't target time to invest especially the novice or newbie in bitcoin investment, their is alot of risk which is involve in bitcoin and which can turn a newly investors off when the loss through a bitcoin investment mostly for the first investment of Bitcoin.

Your brother invested 1 bitcoin during the time bitcoin was at twenty four thousand [24k] and is not up to six months bitcoin price accelerate from twenty four thousand and twenty five thousand to thirty four thousand [24k-25k] to [34k] and he made of nine thousand [9k] as profit within the range of six months interval.

Actually their is a massive profit in bitcoin investment depends on the amount used for the investment, and it's obvious that the more you invest a huge amount and if the price of bitcoin clamp up so shall you make a reasonable profit,  but the loss is as similar as the profit if I'm not mistaken, what your brother did for the investment is a risk, because their is every tendency that bitcoin price can fall at any point in time and what might result as the decrease in price might be a minor information and it will trigger decrease of the market of bitcoin.

Everything concerning bitcoin investment is luck and from my perspective it's unpredictable and you can the predictions can not be accurate, a profit in bitcoin investment is base on luck and also your ability to understand and interpret the movement of candle sticks in the chart.

Your statement doesn’t even related to your title. There’s a lot of career available on Bitcoin since there’s a lot of development happening on Bitcoin. There’s also many companies now that focus on crypto which hires a lot of employees.

I’m not sure what career you are talking but Bitcoin is indeed very profitable if you buy at the right time or even buy at wrong price but you have patience to wait until it pump because it always pump which you can’t do when your funds is on the bank.  Your brother is probably having the time of his life due to short term huge gains.

Bitcoin as a career will never be a wise and sustainable decision. Profitability is not fixed and certain, but if you hold bitcoin for long term with an indefinite target to sell, maybe you can reap massive profits which you can use to build a sustainable business that will provide food on the table and improve your way of living. That way, bitcoin could be a tool to build your business career which if properly managed, it will continue to grow and flourish and even develop an additional branch.

But things aren’t as easy as that. Bitcoin as an investment has also its own risk. If you can’t manage well the risk and end up panicking with sudden market crash, then you will never be good enough for bitcoin regardless if you use it for investment or trading.

That's  a massive return in 6 months and I'm really glad for him and as well as you but it seems you're focus more on the profit bjt I'm sure you already know that, there is nothing guaranteed or certain in the cyptocurrency industry and as such you should know that there are also losses that banks might not offer but nevertheless we're not really comparing banks and cryptocurrency.
I've always wished to own one Bitcoin because that is one of the safest way to stay in the industry because in as much as the price of Bitcoin doesn't drop to zero, you'll always in market regardless of the swings but I will advice that your friend shouldn't relent on buying if he still wants more of that profit.

And same way your brother have just made an extra profit of $9k of his investment into Bitcoin, so has anybody living in Nigeria who might have bought 1 Bitcoin or any fraction of it that same 6 months ago have made 110% profit of whatever amount they may have invested into Bitcoin, reason been due to the constant devaluation of our Nigerian Naira currency to dollar for the past 4months now, and other economical challenges which may have contributed making it's value skyrocketed this much, as you can see both prices of Bitcoin in Naira in the image below. Hence, making it the ever best method for one to avoid inflation.

I wouldn’t call Bitcoin a “career” though, but a gateway to multiple opportunities in this space if you know how to think outside of the box.

When Bitcoin touched down $10k for the first time, it was when I started to explore ways how to make a living with it. Although there’s no way that I can call Bitcoin a career, but it is one of the main reasons of who I am today.

As I got here for the first time and just learning, one of my so-called “mentors” of network marketing is strongly against it and told me not to fall into this “scam”. I understand that he is misinformed or not educated about Bitcoin.

As I have failed miserably in the network marketing industry and trying to pursue Bitcoin and the crypto world, it was the turning point of my life. Despite losing a lot of friends and colleagues due to calling me a “Bitcoin scammer” despite not scamming anyone in my life, a new door opens and I have never regretted my decision and it saved me from financial disaster.

Bitcoin lead me to multiple career opportunities ever since I began exploring this industry. I’ve had at least working in multiple projects where I am more specialized into content creation, marketing, event organizing, advisor, ambassador, KOL, etc. It gave me the opportunity to expand my skills and strengthening my portfolio.

I don’t know where would I be without getting in to Bitcoin. I missed the early boat last 2014 due to misunderstanding and misinformed, and 2017 is where I am finally enlightened. Thanks to Bitcoin, I can’t see myself leaving the crypto and Web3 industry.

Let's make it clear first: when it comes to investment, you can make a profit or lose money. Since bitcoin is a volatile asset, that means it still has risk. He is a good investment if you are a long-term holder. But if you are a short-term holder of Bitcoin, its risk is quite close, for sure.

Then you will get really rich in Bitcoin if you hold more than 1 or more bitcoins in the long term. So it means that even if your brother has 1 bitcoin holding, when it reaches 100k, he will have 100k dollars, and he will have x4 of his profit as long as he does not let the value of bitcoin fall again or he will have a target price when it is sold.

If you are in a country that has legalized bitcoin as a means of payment, then it is very possible for you to adopt bitcoin as a means of payment for whatever business you want to develop.

I was thinking something similar, I mean bitcoin can certainly be used to support someone to gain profits through various means including trading, investing, adopting it as a means of payment or others. Building a career with bitcoin is of course possible, you can even build a centralized exchange if you have enough budget to do so. With bitcoin you can make profits, as well as losses. You should be careful when starting out and consider all the risks involved.

Investing in Bitcoin can be a lucrative opportunity for those with the patience and knowledge to navigate the market. However, it's important to approach it constructively and with a well-thought-out plan. While the profit potential is high, it's essential to remember that the market can be volatile and unpredictable. That's why it's crucial to have a balanced approach and to ensure that you have a sufficient safety net to cover your financial needs in case the market doesn't go as expected.