Will you quit your day job to go full time on bitcoin? - page 91.

YTBitcoin

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Quote from: Shibashi Dogemoto on August 05, 2016, 08:11:38 AM

Quote from: mirakal on August 05, 2016, 07:52:44 AM

Quote from: hendra147 on August 05, 2016, 12:25:16 AM

having mining hardware for make permanent earning or salary is best inovation before go full time on bitcoin, we can use salary from mining for daily cost and trading as bonus Roll Eyes

I hope it is more profitable now, considering the amount of investment you need to buy the hardware before you can start mining that is already expensive and also the bill should be settled regularly so the expenses is really fixed while the mining difficulty increase and the price is falling back. I would prefer trading than mining.

Trading is always better then mining as in trading you always have an opportunity to grow your coins and at a moment I think altcoin trading is the best option available.

Mining is also better if someone do not know about trading or not able to earn good profit from trading, but if you are better in trading then we do not need mining as with altcoin trading a person can double up all of his money within a day if he choose for a favorable altcoin.

shane

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Quote from: SquallLeonhart on August 05, 2016, 01:21:08 PM

Quote from: PsursV on August 05, 2016, 12:59:44 PM

no i am not going to quit my job to go full time on bitcoin, actually bitcoin is not so much trusted to depend on it for living, actually there is a big fluctuation in the price of bitcoin some time it raise too high and other time it fell down about 150$ over night, therefore we cannot depend on it for living, although some time it give us a very good profit but still we cannot consider it as primary source of earning therefore i always consider it as a secondary source of earning.

Yeah depending only on bitcoin is really risky as there is no guarantee that how long bitcoin will survive so its good to treat it as an secondary income and not the primary income.

I think it depends on each person, how to get the most benefit from bitcoin. I have several friends who took full time in bitcoin and they have a lot of money and even more successful than a worker in real life.

SquallLeonhart

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Quote from: PsursV on August 05, 2016, 12:59:44 PM

no i am not going to quit my job to go full time on bitcoin, actually bitcoin is not so much trusted to depend on it for living, actually there is a big fluctuation in the price of bitcoin some time it raise too high and other time it fell down about 150$ over night, therefore we cannot depend on it for living, although some time it give us a very good profit but still we cannot consider it as primary source of earning therefore i always consider it as a secondary source of earning.

Yeah depending only on bitcoin is really risky as there is no guarantee that how long bitcoin will survive so its good to treat it as an secondary income and not the primary income.

PsursV

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no i am not going to quit my job to go full time on bitcoin, actually bitcoin is not so much trusted to depend on it for living, actually there is a big fluctuation in the price of bitcoin some time it raise too high and other time it fell down about 150$ over night, therefore we cannot depend on it for living, although some time it give us a very good profit but still we cannot consider it as primary source of earning therefore i always consider it as a secondary source of earning.

chaosknight

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Quote from: goldcoinminer on August 05, 2016, 09:01:03 AM

Quote from: Shibashi Dogemoto on August 05, 2016, 08:11:38 AM

Quote from: mirakal on August 05, 2016, 07:52:44 AM

Quote from: hendra147 on August 05, 2016, 12:25:16 AM

having mining hardware for make permanent earning or salary is best inovation before go full time on bitcoin, we can use salary from mining for daily cost and trading as bonus Roll Eyes

I hope it is more profitable now, considering the amount of investment you need to buy the hardware before you can start mining that is already expensive and also the bill should be settled regularly so the expenses is really fixed while the mining difficulty increase and the price is falling back. I would prefer trading than mining.

Trading is always better then mining as in trading you always have an opportunity to grow your coins and at a moment I think altcoin trading is the best option available.

I also do trading in altcoins because we have a variety of choices to trade, altcoins is profitable if you can make a good research on the price of a certain coins before you trade, most of the whales are making money participating during the ICO and will just sell after the price starts to pump.

If you are looking to invest in altcoin then I think you should go for ETC at a moment and mark my words you will surely earn good profits from it.

goldcoinminer

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Quote from: Shibashi Dogemoto on August 05, 2016, 08:11:38 AM

Quote from: mirakal on August 05, 2016, 07:52:44 AM

Quote from: hendra147 on August 05, 2016, 12:25:16 AM

having mining hardware for make permanent earning or salary is best inovation before go full time on bitcoin, we can use salary from mining for daily cost and trading as bonus Roll Eyes

I hope it is more profitable now, considering the amount of investment you need to buy the hardware before you can start mining that is already expensive and also the bill should be settled regularly so the expenses is really fixed while the mining difficulty increase and the price is falling back. I would prefer trading than mining.

Trading is always better then mining as in trading you always have an opportunity to grow your coins and at a moment I think altcoin trading is the best option available.

I also do trading in altcoins because we have a variety of choices to trade, altcoins is profitable if you can make a good research on the price of a certain coins before you trade, most of the whales are making money participating during the ICO and will just sell after the price starts to pump.

Shibashi Dogemoto

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Quote from: mirakal on August 05, 2016, 07:52:44 AM

Quote from: hendra147 on August 05, 2016, 12:25:16 AM

having mining hardware for make permanent earning or salary is best inovation before go full time on bitcoin, we can use salary from mining for daily cost and trading as bonus Roll Eyes

I hope it is more profitable now, considering the amount of investment you need to buy the hardware before you can start mining that is already expensive and also the bill should be settled regularly so the expenses is really fixed while the mining difficulty increase and the price is falling back. I would prefer trading than mining.

Trading is always better then mining as in trading you always have an opportunity to grow your coins and at a moment I think altcoin trading is the best option available.

mirakal

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Quote from: hendra147 on August 05, 2016, 12:25:16 AM

having mining hardware for make permanent earning or salary is best inovation before go full time on bitcoin, we can use salary from mining for daily cost and trading as bonus Roll Eyes

I hope it is more profitable now, considering the amount of investment you need to buy the hardware before you can start mining that is already expensive and also the bill should be settled regularly so the expenses is really fixed while the mining difficulty increase and the price is falling back. I would prefer trading than mining.

hendra147

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having mining hardware for make permanent earning or salary is best inovation before go full time on bitcoin, we can use salary from mining for daily cost and trading as bonus Roll Eyes

warwar

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Quote from: greatr on August 03, 2016, 06:27:57 PM

Quote from: masewild on August 02, 2016, 01:41:25 PM

Quote from: mishra1994u on August 02, 2016, 10:21:31 AM

Quote from: takingthis4 on August 02, 2016, 10:19:18 AM

Quote from: sirohige on August 01, 2016, 11:25:03 PM

still do both of them is good option, for me with bitcoin i can save more money than focus only at real job, i can get double salary some from real job and some from bitcoin. so i think if we can manage our time , do both of them is best option.

though there might be not enough time for the both jobs and in this way you would be losing a lot of time and money if you lost one of them, i would do only fiat paid job

No i dont think so that will be good idea to leave your day job for bitcoin.Still i see my bitcoin earning as my partime or extra income not as full time income.Bitcoin is highly volatile for that yes we all predict that bitcoin will be a big success in future but we cant guarantee it and cannot take the risk with our day job.

There are too few job opportunities to do the bitcoin on full time. Most of us can work part time for bitcoin.

well i dont know any possibilities to work with bitcoins right now, i think i would definitely work for it because bitcoins is going to become big soon

Yup you are right the bitcoin price now a days is going up and really it is big! We say that bitcoin now a days is not really famous like gold. But im pretty sure that soon or in the future bitcoin would be big and famous and also the price Cheesy

. Im working on gaining bitcoin now haha so that im ready in the future Cheesy

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Quote from: Kyhm on August 04, 2016, 09:11:58 PM

Maybe yes, if i can earn big that I can sustain my daily needs..
Because its quite inspiring to see those people here earning a lot,
but not from in gambling.

Well, definitely not in gambling because we need to exert more effort to make a decent income working in the online world, it is not just easy as the others think because the time element is really important to earn money in a less risky way. Gambling is very risky although you have a chance to make money.

Kyhm

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Maybe yes, if i can earn big that I can sustain my daily needs..
Because its quite inspiring to see those people here earning a lot,
but not from in gambling.

Finestream

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Quote from: potatopower on August 04, 2016, 07:24:34 PM

Quote from: Crazygreek on August 03, 2016, 07:44:16 PM

Nope, for me is much better to make my money on day job, maybe someday i will try myself on this work, it's gonna be mining or trading, but i don't know when.

well it is different for every person, for me if i had a possibility to go full time on bitcoins i would definitely choose it as i can make money with bitcoins easily

Good for you because you find bitcoin as the best way to make money and you have tried it base no your experience, there are only few people who can do that as they value more on their job than working online for bitcoins and you are one of the wise people who were able to make it successfully going full time.

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Quote from: Crazygreek on August 03, 2016, 07:44:16 PM

Nope, for me is much better to make my money on day job, maybe someday i will try myself on this work, it's gonna be mining or trading, but i don't know when.

well it is different for every person, for me if i had a possibility to go full time on bitcoins i would definitely choose it as i can make money with bitcoins easily

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Quote from: michelle1845 on August 03, 2016, 07:46:11 PM

It would be nice if possible, but not with such instability.

well there is no too much instability, i think that the price of the bitcoin is going to be stable in like a few years and we will be able to work for bicoins

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Quote from: buyinbtc on August 04, 2016, 06:26:39 PM

Quote from: michelle1845 on August 03, 2016, 07:46:11 PM

It would be nice if possible, but not with such instability.

the instability makes bitcoin a really great investment option, i think it will give me really big profit so i would definitely go full time working with bitcoins

That's the spirit mate, you should have that kind of perseverance so you will pursue your way to working with bitcoin full time. Focus and believe on the future so you can make the right investment out from your income in your work online. Just have the faith and you shall receive in the future.

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Quote from: michelle1845 on August 03, 2016, 07:46:11 PM

It would be nice if possible, but not with such instability.

the instability makes bitcoin a really great investment option, i think it will give me really big profit so i would definitely go full time working with bitcoins

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Going all in on Bitcoin is just too risky an investment at this stage in the game. If someone is 100% set on working within the Bitcoin community full time, the safest way to achieve this is as an entrepreneur within the community part time, and quitting your day job if/when you get a successful business model in place.

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Quote from: ronaldo40 on August 04, 2016, 07:27:36 AM

Quote from: CrimBit on August 03, 2016, 01:01:31 PM

Quote from: ronaldo40 on August 03, 2016, 08:18:56 AM

Quote from: danherbias07 on August 03, 2016, 08:12:05 AM

Quote from: Doamader on August 03, 2016, 07:06:45 AM

If you choosed to go full at bitcoin and when you see bitcoin crashing like happened last night what do you think? I doubt you will be safe and happy with such volatility affecting your earnings, i had hired a developer and currently he is loosing 100 dollars at the deal we had closed last week, soo this isnt a way to go, make bitcoin a extra source better for all.

That is what I am trying to say. It will not be a currency that will be stable specially when it is all not mined yet. There will be a lot of movements anytime.

a low price could make the loss of miners, as well as those who work full time for bitcoin, I feel the loss of a sizeable number for me when the price fall to $540. if this happens, normally I should be able to get bitcoin more, to cover the losses.

each people have diffirent method to pay his salary, for me i will withdraw every week arround 0.05btc, if bitcoin price down i will pending my salary until bitcoin rise again, so if bitcoin price rising i will get double salary in fiat

yes I know it, and for me when get a profit or salary of bitcoin, it is better to sell if when the bitcoin prices are high, so we do not worry when the price of bitcoin down. but because halving not bring higher prices, so I chose to hold the previous.

Being paid just with bitcoin for me isnt possible, but i would accept it even believing and knowing bitcoin potencial, i have bills to be paid montly soo get paid with bitcoin would make me sell the bitcoin on the same day i got the payment otherwise i could loose some fiat. Look the recent news people who get bitcoin as their salary just lost 100 dollar for each bitcoin.

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Quote from: ronaldo40 on August 04, 2016, 07:27:36 AM

Quote from: CrimBit on August 03, 2016, 01:01:31 PM

Quote from: ronaldo40 on August 03, 2016, 08:18:56 AM

Quote from: danherbias07 on August 03, 2016, 08:12:05 AM

Quote from: Doamader on August 03, 2016, 07:06:45 AM

If you choosed to go full at bitcoin and when you see bitcoin crashing like happened last night what do you think? I doubt you will be safe and happy with such volatility affecting your earnings, i had hired a developer and currently he is loosing 100 dollars at the deal we had closed last week, soo this isnt a way to go, make bitcoin a extra source better for all.

That is what I am trying to say. It will not be a currency that will be stable specially when it is all not mined yet. There will be a lot of movements anytime.

a low price could make the loss of miners, as well as those who work full time for bitcoin, I feel the loss of a sizeable number for me when the price fall to $540. if this happens, normally I should be able to get bitcoin more, to cover the losses.

each people have diffirent method to pay his salary, for me i will withdraw every week arround 0.05btc, if bitcoin price down i will pending my salary until bitcoin rise again, so if bitcoin price rising i will get double salary in fiat

yes I know it, and for me when get a profit or salary of bitcoin, it is better to sell if when the bitcoin prices are high, so we do not worry when the price of bitcoin down. but because halving not bring higher prices, so I chose to hold the previous.

We should hold because of we have no choice or we lose in our investment. I do believe that the price will rise accordingly now that the price is starting to rally back to the range of $600. This month we could witness the price increase that we are waiting for.

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