No reason you couldn't make a semi-decent living off of adsense. Really, with 2 different approaches. Either a ton of niche sites with a little bit of traffic. Or a massive site with a gank load of traffic. Either way you go though, it's still quite a bit of work.
IMHO Yes, it is possible for you to make living with adsense. Yet there is something to be noticed. Putting AdSense code on your web pages is only the beginning to making money with Google AdSense advertising. Once you've added AdSense Content and AdSense Search to your pages, you need to know how well your AdSense revenue is doing in relationship to how well it could be doing. Monitoring your performance so you can make changes to make more money is a very important part of successfully working with AdSense Best wishes! ^^
possible but risky. what if google bans you? is there any insurance to avoid that? you are all in google's hand.
LOL, wrong. There are thousands of people who make six figures off a single site which have daily visitors that don't come close to 1% of Facebooks traffic. If you work like a dog, every single day, for a year or two, learning everything you possibly can, you should be able to make six figures with one or a small number of sites with adsense alone. If you're not, you're doing something wrong. Far too many people think adsense is a quick buck, it isn't - and that is why more than 90% of people fail. If you want a fast buck without hard work, get a job working for someone else.
yeah...that's possible but you always want to diversified your income. Create multiple streams of income is the best way. You wouldn't know if Google suddenly hate you one day and freeze your account. Don't take risk, create at least 2-5 streams of steady income and you can't go wrong.