Working day to Buy 1 BTC in your country

Qunenin

hero member

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Quote from: ghost15 on September 19, 2016, 03:40:51 AM

I know that the price of bitcoin is almost the same everywhere, but what I'm interested to know is How many days / months you have to work in order to buy 1 BTC.
in my case; I have to work 50 days without eating or paying the rent or 17 months if I save 10% of my salary to invest in BTC. it's too long for a single coin. Cry

Actually don't mind it, but i think your salary is very low, that's why you have a lot of time to make one bitcoin, So i advise you to do work continuously than hope so you can earn fastly.
About OP when i started work with bitcoin since when and now in that time, i have earned 3 bitcoins from my investment' s amount, i mean 3 bitcoins that's all my profit, but in the start i have work very hard to earn the bitcoins because i didn't know very well about bitcoins.

mobnepal

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If i start working according to my degree after saving 50% of my salary it will take almost half year or even few more months than that to get enough fiat to buy 1 bitcoin. But saving 50% is also very hard due to lots of my daily spending.

Altcoinmoney

sr. member

Activity: 344

Merit: 250

I have to work a whole week for me to be able to buy a whole Bitcoin but I do not do that because not all of my money goes out to Bitcoin.
I need to do other things with my money and somethings need to come first in front of Bitcoin.

Mr. Big

global moderator

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While my guitar gently weeps!!!

I can buy a little over 0.7 bitcoin a month if I will use my whole salary, in a month, but I won't do that with this current price.. Cheesy

I'd rather earn it instead of buying it since I can't use it on all my transactions, that would just slow me down in spending my money...

The Sceptical Chymist

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I'm being totally honest here. When I was actually working as a hospital pharmacist, it would take me about a day and a half to earn one bitcoin at the current price. I was making $54/hr or so. Then everything got all fucked up.

Funny how life turns out sometimes. Last time I worked for that amount of moolah was 2010, and it's a damn shame I didn't hear about bitcoin then.

Right now it would take me about 34 hours of work to make a single bitcoin, or just under a week. Ugh, the good old days!!

dc1a0

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If I could manage to get work in what I was trained to do at what is reported median salary in the US, I could afford one in two weeks comfortably, and one week if I chose a week that no fixed expenses were going to be due and wanted to shuffle how I bought necessities.

In my current situation though, at the rate I'm accumulating little more than dust, it will take me 10 years if I can't either get the nerve to post my services in the service section or get myself back in a position that I have the time and frame of mind to finish one of the projects I've had to shelve to do other things.

gentlemand

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Welt Am Draht

This is a great question and it also shines some light on sig spammers. What may be pocket money to a fat Westerner might be the best part of a week's work to someone elsewhere. I suppose it would be just under a week's average work to buy 1 BTC in the UK.

xJuturna

sr. member

Activity: 252

Merit: 250

I won't ask where you're from OP but i'm sorry to hear that. It takes me about 3 work days to buy 1 BTC but a lot of my money goes elsewhere. Not typically investments but traveling and leisure. I try to buy atleast 5 bitcoins per year but lately I've been acquiring more as I've seen the potential in the exchange with several reputable and profitable alt coins. OP keep at it, I think you will find your investment worthwhile no matter how much you have to work for it.

bitbunnny

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To buy one Bitcoin in my country you will need almost whole average monthly paycheck or aproximate you will have to work about 20 days for it. So, not everyone can afford to buy the Bitcoin. If you had 5 Bitcoins that could be considered as a small fortune.

Hellacopter

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In my country i can buy one btc each month with the salary , but i bought btc before, now i am used to earn btc from signature campaign, selling services and trading.

raphma

sr. member

Activity: 350

Merit: 250

i'm from brazil and around here isnt easy to buy 1btc even if you put all your money in it. since bitcoin isnt my only investment i generally buy around 0.4~0.5/month + a few satoshis from my signature campaign

RocketSingh

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Quote from: ynef on September 19, 2016, 08:37:55 AM

Quote from: bryant.coleman on September 19, 2016, 07:02:34 AM

After the rent payment, utility bills, and other expenses, I am left with a monthly savings of around $300, which is equivalent to BTC0.500. That means that I have to work for some two months (60 days), to purchase 1 BTC in my country. My expenses are quite high, as I am married with children, and that is the reason why I can save only around 15% to 20% of my monthly salary.

Seriously you should consider yourself very lucky because most people pay their entire salaries to rent, food, etc.

That really varies from country to country.

bryant.coleman

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Quote from: ynef on September 19, 2016, 08:37:55 AM

Quote from: bryant.coleman on September 19, 2016, 07:02:34 AM

After the rent payment, utility bills, and other expenses, I am left with a monthly savings of around $300, which is equivalent to BTC0.500. That means that I have to work for some two months (60 days), to purchase 1 BTC in my country. My expenses are quite high, as I am married with children, and that is the reason why I can save only around 15% to 20% of my monthly salary.

Seriously you should consider yourself very lucky because most people pay their entire salaries to rent, food, etc.

Yes... I consider myself lucky... but I struggled quite a lot during my early days. In between, I was unemployed for a period of six months. So, in short, I had my ups and downs. And even now, I can save only around 15% of my monthly salary... But then, now I am feeling more confident about myself. The future seems to be bright! That is the most important thing... you need to believe in yourself!

mileymatmun

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I think it will take at least 6 months for me to buy a single bitcoin. I earn about 200$ a month. However i have to pay for everykind of bills, tax, food. In order to buy it in only 6 months, i must not buy anything for myself and save the money till the end of 6-month period

Tyrantt

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Need some spare btc for a new PC

Quote from: ghost15 on September 19, 2016, 03:40:51 AM

I know that the price of bitcoin is almost the same everywhere, but what I'm interested to know is How many days / months you have to work in order to buy 1 BTC.
in my case; I have to work 50 days without eating or paying the rent or 17 months if I save 10% of my salary to invest in BTC. it's too long for a single coin. Cry

in serbia, the average salary is around 300e more or less, so depending on the job but if we take someone who is an average worker it would probably take them two months to buy one at the current price if he invests all of the salary for btc, otherwise ther is no absolutely no chance to buy one in two months :d

terman45x

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With the salary I am earning and after spending on my expenses I can manage to buy 0.5 btc per month so to have 1 btc I need two months time but I buy only if I find price is lower.

harizen

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Quote from: ghost15 on September 19, 2016, 03:40:51 AM

I know that the price of bitcoin is almost the same everywhere, but what I'm interested to know is How many days / months you have to work in order to buy 1 BTC.
in my case; I have to work 50 days without eating or paying the rent or 17 months if I save 10% of my salary to invest in BTC. it's too long for a single coin. Cry

In order to buy, I need less than a month and my salary will take care of that. (But actually Im not harming my own fiat just to buy bitcoin)

In order to earn, I need at least a month or less but not more than a couple of months to earn bitcoin in various way. Or if lucky, the trades will go the way I want.

Well Im not the one who will sacrifice my daily needs just to buy bitcoin. In your case, it's not a problem if you work for it in a matter of 50 days but make sure you won't sacrificing anything just because of that.

Noctis Connor

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Quote from: ghost15 on September 19, 2016, 03:40:51 AM

I know that the price of bitcoin is almost the same everywhere, but what I'm interested to know is How many days / months you have to work in order to buy 1 BTC.
in my case; I have to work 50 days without eating or paying the rent or 17 months if I save 10% of my salary to invest in BTC. it's too long for a single coin. Cry

If im going to ask if i am going to work fulltime to buy 1 bitcoin of course its only take 1 month because my salary is equivalent to 1 bitcoin so if i get my salary then i am going to convert it into bitcoin to use as currency to invest and earn every month too so that i can easily grow my money too while wrking

MaddestScientist

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Activity: 78

Merit: 12

I consider myself lucky, as I can earn over 2 BTC per week ....
But, on the other hand, things are very expensive, in particular housing. In my area, apartments are selling at about 35 BTC per m^2 (yes, you read it correctly, that's about US$21000 per m^2) for old buildings, and as much as 100 BTC per m^2 in new, upscale ones. Shocked

Quote from: serjent05 on September 19, 2016, 06:39:31 AM

If I calculate my day job, i think i wont be able to buy bitcoin because my earning is enough for our monthyly needs, instead i tried to work for it, by participating in signature campaign and other crypto related task. If we try to compute with daily earning of 0.006 i can earn 1 BTC after 24 weeks. that if I post the maximum post per day.

randy8777

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if i am going to spend my full salary, which is around €2500 ($2790 converted to dollar rate) per month, and spend all of this on bitcoin, then i can buy like 4.6btc per month at current price level.

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