Topic: Is your bitcoin earnings enough for you to start a business? - page 28. (Read 2214 times)
February 28, 2018, 02:01:14 PM
From my earnings in BTC last year, I capitalized on a small time vape shop business (Metalclouds Vapeshop) here in our country which I am planning to integrate crypto payment as well. At the same time, I also have a night shift job which I consider the benefits a good way to have free health insurance and other stuff instead of taking these expenses out of my pocket.
I don't really get what you meant, you want find ways of how to earn enough money on bitcoins to start own business or you want start own business based on bitcoins? If first, then I think it's good idea, if talk about 2nd, then I'm not sure, start business based on bitcoins of course good, but bitcoin is unstable coin, what can lose 20% of his value in one day, so it might be risky.
Hi,
Such a decision is really hard to make and should be carefully thought. What you earn with bitcoin can really change from one month to another? It is hard (if not impossible) to secure a rather stable earning? I understand that working for someone else, and being aware that they actually make profit on your back is really annoying but at least with a job you secure monthly earnings.
I don't know you personnally (and I don't want to know anything), but think about your situation. If you have a family, they will face the consequences of your decision with you. And it may not be easy...
Last point: are you aware that creating a business is not so easy? There are rules. There are administrative tasks that needs to be undertaken. That's not only about making money by oneself...
Such a decision is really hard to make and should be carefully thought. What you earn with bitcoin can really change from one month to another? It is hard (if not impossible) to secure a rather stable earning? I understand that working for someone else, and being aware that they actually make profit on your back is really annoying but at least with a job you secure monthly earnings.
I don't know you personnally (and I don't want to know anything), but think about your situation. If you have a family, they will face the consequences of your decision with you. And it may not be easy...
Last point: are you aware that creating a business is not so easy? There are rules. There are administrative tasks that needs to be undertaken. That's not only about making money by oneself...
I have a job, and I'm quite tired of working as an employee. I was thinking if I can make my btc earnings a start for a business, what do you think?
Well, if you already have quite a good amount of earnings from cryptocurrency, then why not? You could start even just a small business. It's more of an investment actually, and it's much better to have more investments. But of course, be sure to put it in a business that you think will give a good return. It's really nice to have a passive income. Personally, I think a lot of people will really get tired of being an employee, given that there are a lot of ways to earn money online, in a much easier way.
No, not yet. Haven't had that kind of earnings yet. I'm guessing that most of us here are yearning to have a business of our own. Our very own. Where we will be our own boss. I unfailingly have that dream that someday, if i will be given that right set of circumstances to earn that much here, i will undoubtedly start a family business. Hopefully.
No, not enough starting a business requires a lot of money, you must be probably rich without crypto, that is just a dream for most people.
business is an important part of every economy of an individual so people will be calm if they have a business that is well and smoothly.
and every first business is sufficient capital to build a business, and in my opinion, bitcoin is able to start if the claws obtained from bitcoin have been successful.
and every first business is sufficient capital to build a business, and in my opinion, bitcoin is able to start if the claws obtained from bitcoin have been successful.
I have a job, and I'm quite tired of working as an employee. I was thinking if I can make my btc earnings a start for a business, what do you think?
I think it depends on your hard work in bitcoin and also to your luck. One of the factors that greatly affects the person on being successful in bitcoin is being lucky. If you are lucky enough, you have a higher rate of success in bitcoin that can make you earn a huge amount of profit to your money.and become successful in any type of business that you will be going to proceed, but since you are already in this field better to use this forum as your tool
to gain knowledge and not relied with your luck alone, if you have those idea and you can assess how high the possibilities then that will be the time for you go and proceed, always remember to have good planning and better perceptions for your business investment.
If that what is the best decision to do according to your present struggles, then let it be, do it. Welcome to this forum. I would start my suggestions to you in a humble and sweet word and that is be careful. To be careful is the only thing that I know as an warning not to easily fall to a promising ICOs. Be careful to apply everything you have learn, search and read. If you apply it pretty sure of you, you can have your bitcoin by joining is some campaign and mining or investing. Good luck. I hope you will earn your dream to have bitcoin.
I have a job, and I'm quite tired of working as an employee. I was thinking if I can make my btc earnings a start for a business, what do you think?
Its a big YES because in bitcoin every user with different rank earn with a different bitcoin according of what rank they are if you a full member up a have potential to create your own business. If you get your salary in a high rank you can build a business as soon as possible because you have already a money to start a new business or venture.
That would be a good idea, but before venting into business you should have a concrete plan about the business you are going to put up.
Not just a concrete plan but make sure that you fully understand and learned everything about the business that you will put up. It is hard to put up a business which you do not know anything about. It will only end up as a wasted time, effort and money. I am starting up a business, it is quite small but hopefully it will grow. I used the money I earned from bitcoin to start that with.
Many of the successful businessmen did not immediately take off from their first business. I’ve heard of several success stories where it took them years first before they actually made a hit. Many have lost a lot of capital first and tried to find out what is the most suitable and would lead to good profit.
It’s good that OP has considered the option to use their bitcoin earnings to open up a business but I hope that you keep in mind that first, business do not allow you to profit as fast and it would take some time for you to recover your return of investment. Don’t expect to instantly get rich by opening up a business and take time to make research. Businesseses can’t run on its own and having enough capital (from your bitcoin earnings) does not exactly mean that it would work out.
I have a job, and I'm quite tired of working as an employee. I was thinking if I can make my btc earnings a start for a business, what do you think?
I think it depends on your hard work in bitcoin and also to your luck. One of the factors that greatly affects the person on being successful in bitcoin is being lucky. If you are lucky enough, you have a higher rate of success in bitcoin that can make you earn a huge amount of profit to your money. 
That would be a good idea, but before venting into business you should have a concrete plan about the business you are going to put up.
Not just a concrete plan but make sure that you fully understand and learned everything about the business that you will put up. It is hard to put up a business which you do not know anything about. It will only end up as a wasted time, effort and money. I am starting up a business, it is quite small but hopefully it will grow. I used the money I earned from bitcoin to start that with.
That would be a good idea, but before venting into business you should have a concrete plan about the business you are going to put up.
I have a job, and I'm quite tired of working as an employee. I was thinking if I can make my btc earnings a start for a business, what do you think?
That's a great plan, I have a lot of friends who resign at their job and focus on their bitcoin. It gives them more earnings and more time for their families. You will only need to have a good internet connection. It is a good source of money, just study how it works and what to do when you have one.s
Are you sure only good internet connection is enough to earn bitcoin?
You need skills bro then investment and in what way you are going to earn that bitcoin by trading or investing ?Yeah bitcoin is a good source of money but it is not easy to earn,you need skills like trading then you can make your investment growing.
I have a job, and I'm quite tired of working as an employee. I was thinking if I can make my btc earnings a start for a business, what do you think?
That's a great plan, I have a lot of friends who resign at their job and focus on their bitcoin. It gives them more earnings and more time for their families. You will only need to have a good internet connection. It is a good source of money, just study how it works and what to do when you have one.s
I have a job, and I'm quite tired of working as an employee. I was thinking if I can make my btc earnings a start for a business, what do you think?
I think thats good plan to start bussiness with capital from earning bitcoin. But before we start our own bussiness, its much better if we have bussiness plan and minimizing our risk on our bussiness.
Business has always been a go-to option when it comes to earning income and multiplying it since somehow, if that business is truly good that many people would patronize it, a stable income can be assured. However, with the situation today of having many competitors in this type of venture, you would really have to think of something that is new and worth investing at to assure that what you put out would be returned to you. So basically, it depends on the situation at hand and the feasibility of the business you want to put up. I guess if there would come a time that I have enough Bitcoins to supply any venture I would start, I would make sure it's high earning and long term so that I can regain the profits that I'll put into it. It would take your time, money, courage, skills, and strategy to put up one so make sure your willing to risk all that when you put up a business.
I have a job, and I'm quite tired of working as an employee. I was thinking if I can make my btc earnings a start for a business, what do you think?
Yes you can build business because you can get enough money to build a business and so for you buddy you can now build a business as if you will earn from bitcoin and to your future businesss. I have a job, and I'm quite tired of working as an employee. I was thinking if I can make my btc earnings a start for a business, what do you think?
It always depends on the situation mate. If you have a much more earnings on Bitcoin then I highly recommend just hold it for long term investment. If you are tired of working as an employee maybe you can convert your salary into Bitcoin as it might grow in a couple of days, months or even years of holding. Here in my country it is hard to put up a business due to high tax, electricity bill and of course the processing fees. I earned pretty decent amount of Bitcoin but had I am a bit hesitant to put up a business. We have different views about it but go on what you prefer to do juat make sure you have unique idea and knowledge of course. Jump to: