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Topic: Bitcoin Investment against inflation - page 4. (Read 1007 times)

full member
Activity: 1834
Merit: 166
January 22, 2022, 12:11:26 AM
#34
Showing support to it and understanding how it can protect us from the rising inflation as best financial asset will automatically gives us returns like you have seen.The branches are now expanding and installation of Bitcoin ATM at the restaurant will provoke other's also to use it and have the exposure.Once you understand it and accepts it you really don't need to care about anything else.
member
Activity: 1162
Merit: 58
January 21, 2022, 11:16:30 PM
#33
A London restaurant owner has revealed his story of Bitcoin investment that saved his business from the economic impact out of the pandemic. Restaurant named Tahini has moved its balance sheet to bitcoin once after the decline in the sales. It has got only three branches around. Hamam, the owner mentioned the restaurant's bitcoin investment have spiked to 300% and has served as a hedge against the inflation. The restaurant doesn't accept cryptocurrency, but it continues to invest the fiat on bitcoin. At the time of investment the price of bitcoin was found to be $12000. Now the business have been extended with four more branches in Ontario Canada. Planning for another 20-25 branches within 2022.

Now to encourage cryptocurrency investment he have installed bitcoin ATM on all his restaurant branches.

Data : Bitcoin investment saves London restaurant chain from collapse
Means he got the right timing though if is much better if he did made investing when the price drops to 4k and surely they will be having another 8 branches now  Grin

but congratulations and they deserve that success because they trush bitcoin and the cryptocurrency market.
legendary
Activity: 2828
Merit: 1515
January 21, 2022, 10:28:36 PM
#32
the bitcoin market increased because many people took an interest in cryptocurrencies while sitting home,

It was more than that. People recognize how absurd it was for the government to tightly regulate the fiscal system of their country, so much so that the inflation rate spiraled out of control as a result of shutting down the economy. The pandemic was the best thing to ever happened to crypto, it catalyzed adoption. It wasn't a matter of boredom that people recognize crypto to be essential, merely looking into it as a result of being stuck at home, it was necessity.
legendary
Activity: 2576
Merit: 1860
January 21, 2022, 09:22:54 PM
#31
It wasn’t really the inflation that the owner’s Bitcoin investment saved the restaurant from. It was the pandemic or its economic impact in particular. The pandemic has brought a lot of small and medium businesses to their knees. The months and months of lockdowns have forced businesses to close shops. Upon partial reopening, people are still discouraged to come out, restaurant capacities reduced to 50%, and so on. Further lockdowns even followed. If it was only the 4-5% inflation, a lot of businesses like this restaurant could still have survived.
sr. member
Activity: 1876
Merit: 318
January 21, 2022, 04:26:03 PM
#30
a very good achievement and this is what makes some people view bitcoin as a treasure.
but of course they did something that most people simply couldn't do, namely the power to hold their coins and trust bitcoin.
and here too we can say that indeed this can be said as evidence that bitcoin is something good and indeed very worthy to invest here
I'm always happy to hear stories about someone's success investing in Bitcoin, because it proves that Bitcoin is a great asset choice for investment.
But the problem is that there are still people who are not sure about the future of Bitcoin, then they are not able to hold Bitcoin when the price drops.
In fact, if we look at Bitcoin's performance from the beginning of the pandemic until now, Bitcoin has experienced a very significant increase,
even when compared to other assets Bitcoin has the best performance. So we have to learn to trust Bitcoin, and start collecting Bitcoins as much as
possible from now on. Compared to having to save money in the bank, whose value will continue to decline due to inflation, better investing in Bitcoin
can be a retirement plan for the future.
when they say that there are so many people who panic so that they sell their assets here, they must be new people and indeed just joining in on this path, it is very clear when bitcoin is experiencing a correction they are very panicked and sell their assets even at a loss.
I personally don't really care about people who really don't believe in the future of bitcoin because that is their choice. but on the other hand don't stop me from being here because this is my choice.

If we don't study Bitcoin well, of course we will not understand how Bitcoin works and will panic if we see a market crash. Even though Bitcoin
can always recover if it experiences a price decline, so only people who are patient and don't panic when the Bitcoin price falls, including people
who will be lucky in the future. We really shouldn't be easily influenced by other people, we have to believe in our own choices. Because
we ourselves know what is best for us, so if we think Bitcoin is a good investment choice, feel free to keep collecting as many Bitcoins as
possible. Moreover, the price of Bitcoin has now dropped below $40k, this becomes a good opportunity to buy more Bitcoin.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
January 21, 2022, 03:48:10 PM
#29
I'd love to hear a story about how this restaurant's profits have skyrocketed since they started accepting bitcoin and other potential cryptocurrencies as payment for their services.
It's already on the first post and how it had gained profit during the bull run and they don't accept any cryptocurrency as payment. Why it had gained profit, they've managed to invest from their fiat to bitcoin.

We all already know that investing in bitcoin is very profitable, including for business structures. There is nothing surprising. The only fact that deserves attention is that such an investment was made by the enterprise, and not by an individual. Much more useful for cryptocurrency would be its use as a means of payment, rather than investment.
It is profitable but it's not for all of the people that have tolerance in taking risk. It's not for those that are thinking that it's one day investment profit. You have to plant and see it grow just like the other usual investments.
sr. member
Activity: 1680
Merit: 259
January 21, 2022, 03:36:22 PM
#28
a very good achievement and this is what makes some people view bitcoin as a treasure.
but of course they did something that most people simply couldn't do, namely the power to hold their coins and trust bitcoin.
and here too we can say that indeed this can be said as evidence that bitcoin is something good and indeed very worthy to invest here

I'm always happy to hear stories about someone's success investing in Bitcoin, because it proves that Bitcoin is a great asset choice for investment.
But the problem is that there are still people who are not sure about the future of Bitcoin, then they are not able to hold Bitcoin when the price drops.
In fact, if we look at Bitcoin's performance from the beginning of the pandemic until now, Bitcoin has experienced a very significant increase,
even when compared to other assets Bitcoin has the best performance. So we have to learn to trust Bitcoin, and start collecting Bitcoins as much as
possible from now on. Compared to having to save money in the bank, whose value will continue to decline due to inflation, better investing in Bitcoin
can be a retirement plan for the future.

when they say that there are so many people who panic so that they sell their assets here, they must be new people and indeed just joining in on this path, it is very clear when bitcoin is experiencing a correction they are very panicked and sell their assets even at a loss.
I personally don't really care about people who really don't believe in the future of bitcoin because that is their choice. but on the other hand don't stop me from being here because this is my choice.
full member
Activity: 2142
Merit: 183
January 21, 2022, 12:37:01 AM
#27
I'd love to hear a story about how this restaurant's profits have skyrocketed since they started accepting bitcoin and other potential cryptocurrencies as payment for their services. We all already know that investing in bitcoin is very profitable, including for business structures. There is nothing surprising. The only fact that deserves attention is that such an investment was made by the enterprise, and not by an individual. Much more useful for cryptocurrency would be its use as a means of payment, rather than investment.
sr. member
Activity: 2366
Merit: 448
Enjoy 500% bonus + 70 FS
January 20, 2022, 11:20:03 PM
#26
a very good achievement and this is what makes some people view bitcoin as a treasure.
but of course they did something that most people simply couldn't do, namely the power to hold their coins and trust bitcoin.
and here too we can say that indeed this can be said as evidence that bitcoin is something good and indeed very worthy to invest here

I'm always happy to hear stories about someone's success investing in Bitcoin, because it proves that Bitcoin is a great asset choice for investment.
But the problem is that there are still people who are not sure about the future of Bitcoin, then they are not able to hold Bitcoin when the price drops.
In fact, if we look at Bitcoin's performance from the beginning of the pandemic until now, Bitcoin has experienced a very significant increase,
even when compared to other assets Bitcoin has the best performance. So we have to learn to trust Bitcoin, and start collecting Bitcoins as much as
possible from now on. Compared to having to save money in the bank, whose value will continue to decline due to inflation, better investing in Bitcoin
can be a retirement plan for the future.

Yes, and it seems to have become part of their plan that bitcoin can be trusted both as a hedge against inflation and as a profitable investment over the long term, and yesterday's ATH was astonishing evidence for everyone if they looked at bitcoin's footprint.
and even though they say it is too late but they are still optimistic that amazing things will happen again to bitcoin no matter how long they will wait and we will still set aside some to invest in bitcoin to grow their holdings.

what the OP said actually many have experienced it and it is proof that bitcoin is a blessing in a pandemic situation and whatever it depends on who is living it patiently, seriously and consistently the results will be satisfactory and also supported with sufficient knowledge.
and it is also a proof that bitcoin is getting more and more popular and its users are also continuously increasing which will increase the price of bitcoin in the future which is important trust.
jr. member
Activity: 91
Merit: 4
Hello BTC Talk Family
January 20, 2022, 04:48:36 PM
#25
Bıtcoin > GOLD
sr. member
Activity: 1876
Merit: 318
January 20, 2022, 04:55:20 PM
#25
a very good achievement and this is what makes some people view bitcoin as a treasure.
but of course they did something that most people simply couldn't do, namely the power to hold their coins and trust bitcoin.
and here too we can say that indeed this can be said as evidence that bitcoin is something good and indeed very worthy to invest here

I'm always happy to hear stories about someone's success investing in Bitcoin, because it proves that Bitcoin is a great asset choice for investment.
But the problem is that there are still people who are not sure about the future of Bitcoin, then they are not able to hold Bitcoin when the price drops.
In fact, if we look at Bitcoin's performance from the beginning of the pandemic until now, Bitcoin has experienced a very significant increase,
even when compared to other assets Bitcoin has the best performance. So we have to learn to trust Bitcoin, and start collecting Bitcoins as much as
possible from now on. Compared to having to save money in the bank, whose value will continue to decline due to inflation, better investing in Bitcoin
can be a retirement plan for the future.
sr. member
Activity: 2828
Merit: 344
win lambo...
January 20, 2022, 04:35:33 PM
#24
Glad after hearing that story,
It's just a miracle how bitcoin blase those people who were stuck in the pandemic, and I was one of them. During the pandemic, the bitcoin market increased because many people took an interest in cryptocurrencies while sitting home, and the restaurant owner took the right decision.
 I saw many businesses flop due to covid-19, but this owner proof nothing is impossible if your work hard.

Online jobs and as well as online investments especially Bitcoin had saved a lot of people. Having known about crypto, everyone who took this opportunity has been given the chance to survive this troubling situation we have. If we tried to look at the chart, this pandemic even help the adoption grow stronger and saw the price go high. Bitcoin not just saves us but we also help it to get spread globally and improve adoption as many establishments, countries are into this.
sr. member
Activity: 1386
Merit: 451
January 20, 2022, 03:52:39 PM
#23
Man's updated thinking takes his business to the pinnacle of prosperity.In any case, there should always be an update. The man we are talking about here is the one who started the bitcoin transaction in his restaurant.However, it is a much better idea. All thoughts will go further than thought. The world will reach the peak of further development.And the crypto world will go further.
sr. member
Activity: 1680
Merit: 259
January 20, 2022, 03:37:53 PM
#22
a very good achievement and this is what makes some people view bitcoin as a treasure.
but of course they did something that most people simply couldn't do, namely the power to hold their coins and trust bitcoin.
and here too we can say that indeed this can be said as evidence that bitcoin is something good and indeed very worthy to invest here
sr. member
Activity: 1820
Merit: 418
Telegram: @worldofcoinss
January 20, 2022, 02:57:43 PM
#21
Glad after hearing that story,
It's just a miracle how bitcoin blase those people who were stuck in the pandemic, and I was one of them. During the pandemic, the bitcoin market increased because many people took an interest in cryptocurrencies while sitting home, and the restaurant owner took the right decision.
 I saw many businesses flop due to covid-19, but this owner proof nothing is impossible if your work hard.
hero member
Activity: 1722
Merit: 801
January 20, 2022, 01:09:28 PM
#20
Seeing as Bitcoin was created as a deflationary money system, it is a very good investment against fiat inflation, I would say. However that can also go both ways. So if for some reason, the US government decided to start "burning" dollars as to increase the buying power of each dollar, then by contrast, this would drive the price of Bitcoin down and could also push people invested in bitcoin into a panic sell.

But I doubt that will happen.
Government won't burn dollars. They can print their fiats from thin air and do give-away events to their citizens but they won't officially operate and announce any burn events as deflationary mechanism. They can burn damaged or unusable fiats but it is not burn for deflation. They will mint more new fiats to replace it later.

Bitcoin is deflationary by design which can not be changed by a single person. Changes are possible but only if the Bitcoin community can reach to a consensus for big changes in protocol. I think the community will never vote to change Bitcoin from deflationary to inflationary. If dollars go down in purchasing power more and more significantly, more people will recognize this painful fact, and Bitcoin will be their choice to be survived and get rich.

Purchasing Power of the U.S. Dollar Over Time
hero member
Activity: 1890
Merit: 831
January 20, 2022, 11:23:02 AM
#19
I do think some people consider it a currency and some consider it an investment, I do think that considering Bitcoin an investment is always a good idea, I do think that it's nearly impossible to trust any investment right now because of the current market situation but when we consider bitcoins and cryptocurrencies they are not only profitable for the people during the time of pandemic but at the same time the whole system is collapsing and close to destruction. Inflation is something that people have to tackle right now and in some countries like Ukraine the government is ordering the cheapest markets to remove the cheap products because the government wants to regulate the prices. It's not just the pandemic it's the whole government handling of the situation.
legendary
Activity: 2240
Merit: 1993
A Bitcoiner chooses. A slave obeys.
January 20, 2022, 11:11:33 AM
#18
Seeing as Bitcoin was created as a deflationary money system, it is a very good investment against fiat inflation, I would say. However that can also go both ways. So if for some reason, the US government decided to start "burning" dollars as to increase the buying power of each dollar, then by contrast, this would drive the price of Bitcoin down and could also push people invested in bitcoin into a panic sell.

But I doubt that will happen.
sr. member
Activity: 1848
Merit: 341
Duelbits.com
January 20, 2022, 11:03:22 AM
#17
A London restaurant owner has revealed his story of Bitcoin investment that saved his business from the economic impact out of the pandemic. Restaurant named Tahini has moved its balance sheet to bitcoin once after the decline in the sales. It has got only three branches around. Hamam, the owner mentioned the restaurant's bitcoin investment have spiked to 300% and has served as a hedge against the inflation. The restaurant doesn't accept cryptocurrency, but it continues to invest the fiat on bitcoin. At the time of investment the price of bitcoin was found to be $12000. Now the business have been extended with four more branches in Ontario Canada. Planning for another 20-25 branches within 2022.

Now to encourage cryptocurrency investment he have installed bitcoin ATM on all his restaurant branches.


I have highlighted some points that can be taken and the readers are very clear that this is proof that the benefits that Bitcoin offers are long-term durability of value. The addition of 5x more branches than usual indicates that the restaurant owner already knows what he should allocate for his future. This story is a big picture for the economic industry when it is experiencing a crisis that is not balanced in financial management during a pandemic.
hero member
Activity: 1722
Merit: 801
January 20, 2022, 10:46:52 AM
#16
A London restaurant owner has revealed his story of Bitcoin investment that saved his business from the economic impact out of the pandemic.
It can be helpful this time, in this pandemic time but it is not a good strategy if a small company save all business fund in Bitcoin or any cryptocurrency.

I know Bitcoin has very good growth rate but it is only safe in long term perspective. If a small company save all fund in Bitcoin and if things on the market go badly in short term, it is terrible for that company without other resources. Then the company will have to sell Bitcoin for fiat. What if they have to do this in a 30% crash? It's terrible situation even you know Bitcoin will recover and grow more in next few months or years.
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