Would you work on Bitcoin full-time?

Ultegra134

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Quote from: uneng on December 10, 2022, 01:16:52 PM

Yes, for third country's nations signature campaigns can work greatly as a full time job, but only if you are fine with 1-2 wages monthly. it's possible to survive, but not to thrive and to live with confort, like everyone aims to live, I suppose. Chipmixer is an exception, though.

It's hard to say if someone lives exclusively from signature campaigns' income, because it's totally possible to work in something else and still post on the forum for extra earnings, without difficult or prejudice on your personal results. But I can say to live from trading is more unlike than living from signature campaign, due to the risks involved and long term outcomes.

Wages in third-world countries are generally low; we can't define their exact range, but still, I find it unlikely that they will solely depend on campaigns to survive. The minimum wage here is approximately $700; thus, a signature campaign is approximately 30–40% of our whole salary. Chipmixer is the exception to the rule; you'd live like a king here.

Quote from: Warkop on December 10, 2022, 12:19:36 PM

Some people think that it is their side job working in this forum, even though they have real jobs out there, but how can they divide their time to work on several campaigns that they participate in, at least not disturbing real work or signature work, if any someone who works all day long on the forum, of course they don't have jobs out there or are said to be unemployed, actually it's legal for them if they can share all that time, return to those who do it, in fact this will be a motivation for new users that not only in the real world to earn income, but in the Crypto world their income is valued more, rather than earning income in the real world.

Correct if my statement is wrong..!!

I don't quite understand what you want to say. This forum isn't meant to make you a living, and even if you're talking about campaigns such as Chipmixer, it's almost impossible to enter, especially if you're lacking the necessary knowledge. Most of its members are extremely knowledgeable and established users of this forum.

uneng

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Quote from: Ultegra134 on December 10, 2022, 11:43:39 AM

From what I've understood, the OP is referring to full-time or part-time traders and campaign participants. Unfortunately, as someone who has tried trading in the past, I personally wouldn't do it. Despite having some successful trades, it's stressful, and there are no guarantees regarding income. Signature campaign participants, on the other hand, are a decent side hustle, not a full time job. Most campaigns pay from $100-$300/month depending on your rank, except Chipmixer, which can pay up to $1500/month. In the latter case, in some countries it could possibly be a full-time occupation, since this amount of money is way higher than the average salary.

Personally, it's a great side hustle, but not something that I'd depend my life on.

Yes, for third country's nations signature campaigns can work greatly as a full time job, but only if you are fine with 1-2 wages monthly. it's possible to survive, but not to thrive and to live with confort, like everyone aims to live, I suppose. Chipmixer is an exception, though.

It's hard to say if someone lives exclusively from signature campaigns' income, because it's totally possible to work in something else and still post on the forum for extra earnings, without difficult or prejudice on your personal results. But I can say to live from trading is more unlike than living from signature campaign, due to the risks involved and long term outcomes.

348Judah

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Quote from: silbertlee on December 09, 2022, 08:28:32 PM

I have known the forum for a while, and it is very frequent to see many legendary activities. It can be seen that they spend a lot of time and energy to maintain the normal operation of the forum, and of course many legendary members are not staff.

This is just as equal as doing the norms as expected of everyone from the forum regardless of ranks, a newbie can make upto an expectation as well, all that matters is commitment, dedication and activeness and the forum does not give priority to anyone rank, if you really contributed well they will recognize it, merit you and engage on your discussion thread amd same applicable to those that does not deliver upto expectation, their growth pattern is not as fast as expected, each members determines his level of relevance by what he do while on the forum.

Quote from: silbertlee on December 09, 2022, 08:28:32 PM

So I feel like they're all doing bitcoin full time. In fact, working in the decentralized financial field is a new form of work, which may be fully reflected in various DAO organizations in the future and will be rewarded accordingly.Many people will also say: You bought Bitcoin, put it there, forget about it, you don’t need to work. It sounds ridiculous.

If i can get you clearly here, are you referring defi which aspect is entirely different from that of bitcoin, I can't recommend it because of the illicit activities that has been carried out through it even though it was intended to help along as a compliment to those interested in alts, but having another background business or investment aside bitcoin is a good idea as long as bitcoin remains the first priority and then others following, but the risk involved is what should be weighed from the benefits it can give over a particular period of time.

Warkop

sr. member

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Quote from: Ultegra134 on December 10, 2022, 11:43:39 AM

From what I've understood, the OP is referring to full-time or part-time traders and campaign participants. Unfortunately, as someone who has tried trading in the past, I personally wouldn't do it. Despite having some successful trades, it's stressful, and there are no guarantees regarding income. Signature campaign participants, on the other hand, are a decent side hustle, not a full time job. Most campaigns pay from $100-$300/month depending on your rank, except Chipmixer, which can pay up to $1500/month. In the latter case, in some countries it could possibly be a full-time occupation, since this amount of money is way higher than the average salary.

Personally, it's a great side hustle, but not something that I'd depend my life on.

Some people think that it is their side job working in this forum, even though they have real jobs out there, but how can they divide their time to work on several campaigns that they participate in, at least not disturbing real work or signature work, if any someone who works all day long on the forum, of course they don't have jobs out there or are said to be unemployed, actually it's legal for them if they can share all that time, return to those who do it, in fact this will be a motivation for new users that not only in the real world to earn income, but in the Crypto world their income is valued more, rather than earning income in the real world.

Correct if my statement is wrong..!!

Ultegra134

hero member

Activity: 1680

Merit: 845

From what I've understood, the OP is referring to full-time or part-time traders and campaign participants. Unfortunately, as someone who has tried trading in the past, I personally wouldn't do it. Despite having some successful trades, it's stressful, and there are no guarantees regarding income. Signature campaign participants, on the other hand, are a decent side hustle, not a full time job. Most campaigns pay from $100-$300/month depending on your rank, except Chipmixer, which can pay up to $1500/month. In the latter case, in some countries it could possibly be a full-time occupation, since this amount of money is way higher than the average salary.

Personally, it's a great side hustle, but not something that I'd depend my life on.

Party24*7

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Quote from: Easteregg69 on December 10, 2022, 02:39:50 AM

Quote from: bittraffic on December 10, 2022, 02:34:10 AM

Getting paid in BTC is probably what he meant. But Yes. Though I'm not legendary, I would likely want to earn BTC full-time if there is just an employer who would hire someone for whatever job that is. There use to be a job market in crypto but it's not used by employers though.

I'd like to apply if anyone is just hiring for whatever job there is. Right now I have been developing my youtube channel. Once have gotten many subscribers, I'd be happy to work for any company hiring influencer. Cheesy

You put a stake in betfury or nexo if you want to earn BTC fulltime.

Amazingly, so far there are still many people looking for a few percent profit, still risking to stake your bitcoins on a centralized exchange, after what happened with FTX and UST. I really admire your courage. Just buy bitcoin and hold until the bull season, you will see how much profit you get, it is hundreds of times bigger than the stake amount.

Yatsan

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No chance. Although I am aware that there are people making a living out of this industry, but I just won't. It is good if you can afford unstable income but if not, seek for a stability with the amount of money going and leaving from your account. Investments are indeed a good idea especially if you're capable of, but if circumstances would hinder, then try to gauge the chances. Also, it would be always better having a stable job, because it would also allow you to diversify your money through investment without worrying where would you get money to survive for the next day. Manage your money wisely.

Quote from: Die_empty on December 10, 2022, 03:50:53 AM

Quote from: silbertlee on December 09, 2022, 08:28:32 PM

I have known the forum for a while, and it is very frequent to see many legendary activities. It can be seen that they spend a lot of time and energy to maintain the normal operation of the forum, and of course many legendary members are not staff. So I feel like they're all doing bitcoin full time. In fact, working in the decentralized financial field is a new form of work, which may be fully reflected in various DAO organizations in the future and will be rewarded accordingly. Many people will also say: You bought Bitcoin, put it there, forget about it, you don’t need to work. It sounds ridiculous.

From my little experience and some responses I have read in some other threads, I can assume that most legendary members are into bitcoin on part-time bases. I am also aware that the staff in this forum a given little funds (don't know how much) just to appreciate them for their selfless service. Apart from earning from other sections of bitcoin like mining and other business aspect of the forum, signature campaigns might not be enough to earn a living in most countries. Some legendary members are successful professionals in different fields and they see the forum as a platform to learn and also enlighten others. The income from the forum is not also guaranteed because signature campaigns would not last for forever.

For sure they have other sources of income. If you have the opportunity to earn more? why would you hesitate? Even if it will require you extra hours, then go. That won't deprive you from rest, especially if you can manage your time properly.

Pmalek

legendary

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Quote from: slaman29 on December 10, 2022, 08:54:22 AM

I wonder how the forum staff get paid now. I remember reading the auction for ad slots on the forum when it was still being done, and it says part of it is to support salaries of the forum staff but apparently not anymore...

The ad slots are not being auctioned off anymore but moderators still get paid based on the amount of work and reports they handle. Bitcointalk doesn't need the money they previously earned from the ad sales. The forum owns hundreds of bitcoins, and a tiny part of that is enough to pay the moderators for their work. They now just get reimbursed from a different pool, that's all.

slaman29

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Quote from: Pmalek on December 10, 2022, 04:26:44 AM

Unless I am mistaken, you seem to think this forum belongs to Bitcoin in some way and that we are employees of the forum, meaning we work for Bitcoin. Bitcoin is not a company or an organization where you go and find work. This forum does not equal Bitcoin. We don't work for the forum and we aren't paid by the forum. The signatures you see under many names are what pays members in BTC. But that money comes from the services that are being advertised. The forum only allows such type of advertising, that's all.

Bitcoin is a decent chunk of my monthly income, and I would like to keep it that way. Balance is needed in everything. This rule applies to finances as well. Don't turn down neither fiat nor bitcoin, and work for both if you can.

I think you're mistaken, I didn't read OP's post like that. He was talking about legendaries and staff differently.

He's definitely wrong that people work full time here though, that would be not only unsustainable but quite sad... because there is not enough creative/challenging things to do here full time. Moderating full time would be the most brainkilling activity I can think of lol.

I wonder how the forum staff get paid now. I remember reading the auction for ad slots on the forum when it was still being done, and it says part of it is to support salaries of the forum staff but apparently not anymore...

Pmalek

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Unless I am mistaken, you seem to think this forum belongs to Bitcoin in some way and that we are employees of the forum, meaning we work for Bitcoin. Bitcoin is not a company or an organization where you go and find work. This forum does not equal Bitcoin. We don't work for the forum and we aren't paid by the forum. The signatures you see under many names are what pays members in BTC. But that money comes from the services that are being advertised. The forum only allows such type of advertising, that's all.

Bitcoin is a decent chunk of my monthly income, and I would like to keep it that way. Balance is needed in everything. This rule applies to finances as well. Don't turn down neither fiat nor bitcoin, and work for both if you can.

tabas

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Quote from: silbertlee on December 09, 2022, 08:28:32 PM

Many people will also say: You bought Bitcoin, put it there, forget about it, you don’t need to work. It sounds ridiculous.

Sounds ridiculous for those that have never known how profitable it was to hold bitcoin over time. At least for me, one of those folks that have held when bitcoin was low and sold at a good price, I'd say it's ridiculously unbelievable and interesting.

Quote from: Easteregg69 on December 10, 2022, 02:39:50 AM

You put a stake in betfury or nexo if you want to earn BTC fulltime.

That's one of my plans before and I'm even contemplating and calculating how much I'll be able to gain if I have an specific amount to be on its interest rates accounts.
But, learning the lesson from the collapses of those exchanges and DeFis and other related companies that do offered the same thing. It's hard to trust money to the centralized platforms even if they tell you that it's safe to keep it there.

Die_empty

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Quote from: silbertlee on December 09, 2022, 08:28:32 PM

I have known the forum for a while, and it is very frequent to see many legendary activities. It can be seen that they spend a lot of time and energy to maintain the normal operation of the forum, and of course many legendary members are not staff. So I feel like they're all doing bitcoin full time. In fact, working in the decentralized financial field is a new form of work, which may be fully reflected in various DAO organizations in the future and will be rewarded accordingly. Many people will also say: You bought Bitcoin, put it there, forget about it, you don’t need to work. It sounds ridiculous.

From my little experience and some responses I have read in some other threads, I can assume that most legendary members are into bitcoin on part-time bases. I am also aware that the staff in this forum a given little funds (don't know how much) just to appreciate them for their selfless service. Apart from earning from other sections of bitcoin like mining and other business aspect of the forum, signature campaigns might not be enough to earn a living in most countries. Some legendary members are successful professionals in different fields and they see the forum as a platform to learn and also enlighten others. The income from the forum is not also guaranteed because signature campaigns would not last for forever.

mk4

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Quote from: Easteregg69 on December 10, 2022, 02:39:50 AM

You put a stake in betfury or nexo if you want to earn BTC fulltime.

..potentially. We all know what happened to the likes of BlockFi, FTX, and the others. Sometimes(or most of the time), it's simply just better to bet on a BTC price increase rather than hoping to gain extra through these yields.

DapanasFruit

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I am definitely not a legendary member of this forum as I am currently still stuck at the member level due to low number of merits. Since I am a member of this forum for many months, I can see that we really have high-level members who are dedicating their time, effort to make this forum they way it should be and they are sharing the knowledge, expertise as well as opinions on many things that's why I am also learning a lot here. However, I don't think there are many of them that are devoting their time a lot since they also got their own lives and loves to attend to. Now, for those who are looking at a career in the cryptocurrency industry, am sure there are now many options one can go to.

Bernard74

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Now the legendary members in the forum are just participating in the topic and helping us newbies solve some problems about cryptocurrencies. This is not a job. It is precisely because of the consensus and common interests in this area that we can meet here.

Easteregg69

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Quote from: bittraffic on December 10, 2022, 02:34:10 AM

Getting paid in BTC is probably what he meant. But Yes. Though I'm not legendary, I would likely want to earn BTC full-time if there is just an employer who would hire someone for whatever job that is. There use to be a job market in crypto but it's not used by employers though.

I'd like to apply if anyone is just hiring for whatever job there is. Right now I have been developing my youtube channel. Once have gotten many subscribers, I'd be happy to work for any company hiring influencer. Cheesy

You put a stake in betfury or nexo if you want to earn BTC fulltime.

And one more thing. If you show disrespect for the elderly i promise you will burn in hell. Looking at the settings here.

adzino

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Quote from: silbertlee on December 09, 2022, 08:28:32 PM

I have known the forum for a while, and it is very frequent to see many legendary activities. It can be seen that they spend a lot of time and energy to maintain the normal operation of the forum, and of course many legendary members are not staff. So I feel like they're all doing bitcoin full time. In fact, working in the decentralized financial field is a new form of work, which may be fully reflected in various DAO organizations in the future and will be rewarded accordingly. Many people will also say: You bought Bitcoin, put it there, forget about it, you don’t need to work. It sounds ridiculous.

Those legendary rank users that you are talking about aren't working fulltime on "bitcoin". They are just engaging in discussion and perhaps learning something new everything. They aren't getting paid by bitcointalk or anyone. They are just normal users like us. The operation of the forum is maintained by administrators and the "staff/moderators". As far as I know they do it voluntarily and gets paid a little from the advertisement revenues (not sure about this). The only way some users earn is by renting out their signature space to advertise for different projects/games, but none of them will pay you enough to make it a fulltime "work".

bittraffic

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Getting paid in BTC is probably what he meant. But Yes. Though I'm not legendary, I would likely want to earn BTC full-time if there is just an employer who would hire someone for whatever job that is. There use to be a job market in crypto but it's not used by employers though.

I'd like to apply if anyone is just hiring for whatever job there is. Right now I have been developing my youtube channel. Once have gotten many subscribers, I'd be happy to work for any company hiring influencer. Cheesy

pooya87

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I personally love my job as an engineer so I won't quit that ever regardless of what kind of "work" you have in mind when you say "work on Bitcoin full time" and the amount of money I would earn in such a work. At the end of the day bitcoin is that extra option for me both as a currency and as an income.
What I already do on bitcointalk is in my free time and the the extra coding projects you don't see but I'm involved in are also a hobby of mine where I contribute to open source projects.

worle1bm

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Don't have that technical skills that can keep me going full time here because speaking frankly if we want to go full time we also need to have income flow in it and making regular cash inflow here is hard unless you are having some skills or provide your services.But for me I like to spend my time here on forum writing post and exchange of ideas with other members but not in position of leaving my work IRL at this time.

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