Topic: Can't do something else offline, is this something wrong? (Read 390 times)

Well I had attempted to do it as well, put money on a business, money that I profited from bitcoin. But the thing is that I'm really focus on my bitcoin trading and any other means to make money out of crypto.

So what I do is I ask the help of my wife for my offline business. Of course she can't devout 24 hours on it, but at least we have started something, another means of making money, regardless if it is small in the beginning. So my advise is to get someone to help you out, and as long as you have the same goals, I think success will come later.

From what you say, it would make sense to focus your efforts on Bitcoin-related businesses. I understand that investing in other businesses is for diversification, but if you see that you are not passionate about it, just buy good dividend paying stocks or a fund indexed to the S&P 500 for some diversification and focus on Bitcoin.

The businesses you are talking about are active, they require someone actively managing the business, instead you can buy passive investments with the money.

I share your attention to Bitcoin to a certain degree, it is understandable because for me the ease that bitcoin gives me as an investment is very great, you can manage everything from your cell phone or from your computer, in the same way with investments in crypto and even games as you well comment... However, I would advise you not to be blinded by just that, your friends gave you a good investment idea, in fact I would love to invest in cattle or even in some other type of business or company, what I want to say is that you do not get carried away For your comfort of only Bitcoin, the world's great traders are the ones who take risks, try new things above all, they leave their comfort zone.

And this is why every person can pursue a different business, depending on what you want to do in life.
Like the OP, he is more comfortable dealing with btc, whereas, some of his colleagues are into animal raising.
You can't push yourself to a business that is not your inkling, so just follow your heart's desires.
We are carving our own path in this life, so it is up to you what you think will be best for you.

Aw, man, I get it! You've finally found the one in Bitcoin, and now nothing else can compare. There's comfort in familiarity, so we tend to remain with what we know. It's understandable that the digital universe, the challenge of mining, and the excitement of watching Bitcoin's numbers grow would captivate you.

Also, jealousy is a real problem, so we cant discount it. You have doubts about your current career path since you see friends thriving in other fields. However, the Bitcoin component simply wont let go.


Please accept my polite recommendation that you look into automating more of your Bitcoin-related tasks. Some mining and trading tasks can be automated with the help of available software. That may provide you the mental freedom to contemplate various options without getting sidetracked. After all, Bitcoin is here to stay, and so is your enthusiasm for it!

Not a problem at all. When the thing you're looking to make money out of is already stressful in and of itself, the least you could do for yourself is find a craft that you will be invested in and passionate about. Plus being passionate/interested about the business you're trying to build will give you some advantage in a sense that at the very least you know how the regular customer thinks, especially if you're working on a business that supports hobbies like collectibles and all that. 

As for running two businesses together, I would highly suggest you look into partnering or getting someone else you trust involved in the process as this will streamline your inner workings and the labor between your first business and this second one you're working on will be divided.

Not all businesses can be leave in care of other people, like this fish farm business you are talking about, it's going to be a disaster if you leave it for someone else to monitor for hou while you explore into other business, some businesses flourish better because we handle them ourselves but the moment someone else takes over, bad things will start happening.

One of my family member use to say that, no man can take care of your business behind your back, they have their own plans and bad luck, it's left for you to think very well, fishery needs all your time and attention, even security.

Pursuing a career or business that aligns with our interests and passions can be incredibly fulfilling and satisfying. It's important to prioritize what matters most to us and not let others dictate our choices.

We should strive to create a life that brings us joy and fulfillment, whether that's through our work or our hobbies. The ideal job is one that we enjoy doing and that also provides us with financial stability and security. It's up to each individual to determine what that looks like for them and to not let others' opinions or expectations steer them away from their passions.

I see no wrong in your online business since it pays you to your satisfaction. Truth be told, i think you need other source of income offline just incase. No one prays for the worst but it's a good thing you prepare for it. Having other offline business cannot stop you from your online businesses.
Maybe because you are so use to working online. You should pay little attention to other businesses  maybe there will be a different in your income increasingly. The choice is your though.

Actually you are interested in online business because of the enhances profit it provides to you but you have forget about its volatility. We should not ignore one element because if we ignore one of them then we can achieve the success. People are involved in crypto investment as a part time job for the purpose of increasing their money so its your fault that you are totally involved in a crypto instead of its volatility on its peak. But as you are interested in only bitcoin so keep concentrate on it and take decision with calm mind as taking decision according to the situations matters a lot.

What bothers you, and don't you like it? Isn't that your own business? Supposedly if it is your business, you will always be eager to run it and try to make a profit. This is very strange to hear. Do you have problems running the business?

But it seems the problem is that you already feel comfortable working online, so when you want to start an offline business, it makes you feel like you are moving into an uncomfortable situation or, in other words, you can't get out of your current comfort side.

If you are comfortable with what you are doing now, you don't need to consider starting a business again. You just need to focus on what you are doing.

And if your ultimate goal is to retire via Bitcoin, pursue it and make it happen until you succeed, then you start something else.

Whatever you want, of course, you should stay there or stick to what you believe in. Now, maybe it's not a bad thing to add a business to the traditional category if you have other extra money that you can allocate to it.

It's different because you just stay there while you're there in what you believe is a traditional business that can grow and help you that Bitcoin can't. Let's just take advantage of the chances that are there. If it's possible that it won't affect your bitcoins, that's fine.

Mining on ASICs and Gambling? The first one will stop you with its difficulty rise unless you are able to continue scaling into a bigger farm while the second is a EV- game most of the time. On the other hand raring cattle in a long term somewhat of a family business that even your next generation can continue and grow, indeed a long term investment.

I would suggest you to try your hand at this only if you have interest in it. Bitcoin has its own pros and cons we dont know if your country might suddenly declare war on crypto and your stable income there stops. Gambling is defenitely not a stable source of income as well.

If you are happy with what you are doing currently, you are getting stuck in the status quo, which is not bad but should be broken gradually. Try doing something new and see how it can modify your earnings. Keeping more than one source of earning is always a good thing, you never know which one might break down tomorrow.

The problem with your end goal is that you are putting all your eggs on the same basket. You don't like physical business model, but you can't fully rely on virtual businesses thinking on your life on long term. If something unexpected happens to Bitcoin and affects it negatively, your retirement plan is gone... And how are you going to fix things on the middle of the way if you don't have a Plan B?

Invest and work the maximum as possible you can with BTC, but don't neglect the physical side of the financial life. Since you are a big investor you must have financial conditions to guarantee yourself a decent property, house or apartment. This way you will have somewhere to live or to rent and make extra income.

I think depending on just bitcoin is good if you are talking about a long term investment, but if you are depending on just bitcoin for your income? That becomes a little bit of a trouble. This is why I always prefer to cash out some of the income I have into busd first and then keep the rest in bitcoin. So, if there is a fall in bitcoin then only the savings gets affected by it and I would be doing fine without a trouble.

The dollar pegged stuff could be considered a good deal and they are certainly doing well there, but I personally believe that we should not be focusing on what we are doing with dollar pegged ones, those won't change, and that should be considered a trouble, it should be considered not an investment at all and should be considered just like fiat.

There are a lot of business opportunities especially if you have a lot of money but running a business that you don't have knowledge about it is likely to have an ending story. If I were you, I do focus on a single business line and grow it because it was not necessary to have multiple if it was impossible to manage them. Otherwise, have someone to manage it while you are focusing on the other because if you are not good at this business then hire someone that is capable of it. And this system has been used by many businessmen but much better if you also have some knowledge about it at least.

If you prefer online activity, go for an online business. You could buy ready-made websites, continue to develop them, and make money from advertising. Or simply sell them at a higher price after nurturing them.
It’s almost like the cattle rearing your friends advised you to do. And it’s almost like the ASIC farming. Only the animals on your online farm will be websites.

You can always choose to ignore when the thing is just a distraction to you.


Just enjoy what you are doing, in business, it is always best to follow your passion.  It will often times  yield a success because when passion is involved, the owner always do his best with smile in his face and that attracts positivity.


You can always reject the offer or suggestion if you don't want doing it.  Diversification of investment is good but if your heart is against it, then better don't do it.


Good luck in your endeavor, it would be great to see your dreams coming true and don't get distracted.  Just plainly ignore any distraction and refuse deals that you don't want.

it's all because of your focus on Bitcoin, and not thinking about whether other businesses outside of it will be profitable for you or not. or you will think other businesses will not be as profitable as Bitcoin.
I don't think it will be a problem. and if you focus on what you are doing right now, then do it. some people do indeed share their business to get more profit. or indeed part of the strategy when one business has a problem then they can be helped by another business.
if you learn to manage another business it will be better or you can combine both maybe even better.

Ehn? Upon all the businesses in the world that is what you about to choose. Well nothing is waste. If you know that will fetch you income then you can go into. Diversification of businesses is good but be careful with it because the risk involved in it is very high.
You are saying that, your main hustle is online then leave the others or you employ someone to look after the businesses for then you pay the person every weekend. As they put it, don't put all your eggs in one basket. And that is the truth, so that if one side collapsed the other can withstand. Even not all the  online businesses are legit. So when you want to do your online business, you should look well before you invest.

It's not something wrong, keep building your online business, what matter is that you're getting some profits from the internet business. Also don't venture into a business you don't know anything about, because when things begin failing you'll run back to those that recommended the business and they may not stand to provide a better solution. Instead keep the money aside and use it to promote the online bitcoin business you're working on. If you need to expand, take the online business offline. Lecture people to understand the business or hire more people to help work on the business. Network and connect with other mining farms offline and garner business opportunities. That way, you're doing an online business offline, that's having an office, and exposing yourself to bigger businesses that'll yield additional money. If you venture into a cow business, you'll still take it online to market it, so that doesn't add up, it's better to take the online business offline.

Your career path is in your hands, and it's up to you to determine which business is the best fit for you. In my opinion, it's wise to pursue a business in which you have significant expertise. Don't worry about other people's recommendations; ultimately, you know yourself best. From what I can gather, your Bitcoin mining business seems to be thriving and profitable, assuming electricity costs aren't too high. However, it's worth noting that diversifying your business ventures, whether online or offline, can lead to significant growth in your wealth.

I was in the same situation as the op but only for a while, online hustle ate deep into my system, to the extend I was really lazy and had no interest in doing any business outside online..
But a time came when I was not able to make money online for some time, things become really difficult for me and my family, I had to advice myself to try and start up a physical business, and use money earned from online as a backup or extra income, this is exactly what I did, I started a business, and with the little I earned online, I was able to grow the business to a standard where I am now making good profit from it, now money earned from online go into other investments like holding more bitcoin or buying altcoins I trust will bring in good profit in the future, I am happy wit my life today.

My advice to op, don't just depend on online alone, try and establish a physical business, maybe you won't understand why this is important now, but maybe when you grow much older with wife and children to take care of, you would understand better.

Because all your focus is in Bitcoin investments and you trust Bitcoin, is not only you that facing this problem, they are other people that facing the same with you but they struggle and try harder to make other businesses, it is good to have a second income of profit in this life, maybe some time that cattle business will not good for you to make as a business, you know in this life some people don't know what to do, see oh my friend is making money from that business, let me too do that business, find you business and do, and have knowledge about the business you are doing.

Not all money should be invested in cryptocurrencies all the time. I don't know if you have invested all the money. If you have not invested all the money then you can have livestock rearing as an alternative business.Invest in Bitcoin and you trust Bitcoin i say this is a good discussion .

I'm kind of having the same problem but I wouldn't say that I cannot do anything offline but mine is the issue of convenience. I needed a business that would give me time to explore other things... And I'm okay with what am doing right now and I'm also thinking of setting up a fish farm as it is profitable and won't be time consuming.

Just as other forum members have said, I just want to reiterate that crypto investment is not a job or business. It's a side hustle that might take months or years to yield meaningful profits and sometimes it might not go the way you hoped, so you need a job or business that can be generating income for you to take care of your day to day needs.

Having a lot of work to accomplish can occasionally be beneficial and can also be distracting. I believe you should concentrate on what makes you serious and comfortable before continuing with it since I believe you are financially stable with it, which is why you see other ones as a distraction. Just focus, man, because when someone is doing many hustles when this one is not going well another one will favor you in another side but since is distracting you I think you should focus on what makes you serious and comfortable before continuing with it.
Honestly, you're not the only one who is having problems. I think other guys may be struggling with it a lot because the bitcoin industry has been there for them, so they worry that if they choose another line of work, it will divert their attention away from the bitcoin industry. I think you're distracted because you've given the bitcoin industry all of your focus. However, if you have dependable friends who visit you and offer advice, I believe you would invest there and let them handle your business management.

Just because some people are making money from another business does not mean that the same business is for you, cattle rearing is a business for those who have been in farming business for a very long period of time, they know all the possible ways to make the business successful compared to somebody that want to start this business today.

it will be extremely hard especially for somebody that has another thing that he or she is doing for example you said you are into online business, mining bitcoin, investing in Bitcoin and holding for a long time, you even claim you are into crypto gambling, it is going to be very very hard to focus on something like cattle rearing, because you will need the time to focus on the category in business and wish could have a negative impact on your online whatever.

For example I am a full-time farmer some years ago and when I was exposed to bitcoin investment I couldn't keep up with farming anymore because I need time to focus and learn more about bitcoin myself, so I ended up hiring some farmers to help me on my land and sometimes to help me plant some new seed.

There was a time when I can do all this myself but now I can't anymore because I now have much more interest in Bitcoin and blockchain technology, still I don't leave my family business because in this life nothing is guaranteed, anything can happen to any business at any time.

My advice is sometimes two businesses are better than one but if you are getting the right results from whatever you're doing right now and you are contented with it then keep doing what you're doing.

If you are not ready for offline work, then you can continue your business online if it becomes a convenience and continue to make money for your needs and income too, there is actually nothing wrong with this, but there are some people who think differently, even more. it's important to do business offline, especially since they know that it's profitable, on the other hand, there are also those who run both, while the online crowd they say is additional income, but they can do whatever they want, of course, the most important thing is convenience.

I run a real business it will be top priority and online will be my extra to earn if I can still do it.

People are motivated to establish and run a business because of money or passion. Individuals can run a business with little or no profit because of the love or passion to meet a need by offering a product or service. But when a passionate business is also profitable, the investor will be focused. Your passion for bitcoin and its profitability is making other ventures look like a distraction.
You are already running more than one business. You are a miner and an investor. But running more than one business in different sectors is time-consuming and demanding. You might also employ someone to manage the business or you go into partnership with someone. But if you can satisfy your need and other expenses, you can stick to your current venture. But it might also be good if you diversify your income to other sectors.
I have an offline job but I am more attracted to online jobs because I am a houseman. I have observed that people that prefer online jobs are mostly introverts. They just want to be inside their homes alone carry out their job description and get paid. Some other people want to be among colleagues interacting and sharing ideas.

Another reason why I like online jobs is because it is mobile. Your office is the laptop, which means you can move your office to any location. If you are rearing cattle, you have to go to the farm to monitor your animals which makes it stressful and demanding. But with your laptop, you can monitor all your business online.

Nothing is wrong if you are not suitable with the online work. You are happy to choose whatever ways you intend to do because it must suit you before you can efficiently do it.

I'm doing both offline and online stuff but I do it with proper study first and try to give my best.

I think wont be much difficult for you if you are already know the asic set ups, and you are on this forum. But choices are there always.

If your end goal is like that, why not simply focus on what you are doing. Invest in Bitcoin, Mining bitcoin and hodl it.

Expanding what you are doing to other things is risky as firstly you are not familiar with it and you will face with higher risk to lose your capital. No guarantee that if you copy a business model which is profitable under management of your friend, you will gain profit too. If you lose your capital with kind of unfamiliar business, your dream will become farther a little bit.

Doing only online business is not bad,sofar someone is making reasonable profits from it.but because of some challenges that online businesses are facing particularly in the context of the cryptocurrency industry, so making money from just one place may not be that safe especially online.Therefore, having an offline business as alternative to online business will be a good idea for someone. In actuality, it is not a good idea to invest only in one particular place. 


There are numerous alternative offline enterprises that you can start, but it is now up to you to decide on the one you feel would be most profitable.Even though cattling rearing may be a lucrative business, I can't help but imagine the intense stress it might put you under. Additionally, since it might not be the only enterprise you have to deal with, it might prevent you from getting enough rest.

There's nothing wrong with what you are doing. You are used to making money online so stick with it. I dislike my job before because it's not my forte so I resigned. Now, I also found out that I like doing things online, staying at home, be with kids, and taking care of them while making money. I think the pandemic also made me realized that.
Retire with Bitcoin in your hands. I like the idea actually, I don't have much Bitcoin, but I do believe I will reach that retirement amount someday. Do what you want and where you enjoy it and everything will be on its place. Don't go forcing yourself into doing or investing unto something you don't feel joy because it doesn't end up good.

Bitcoin is a profitable business but its volatile so good idea is that whenever you achieve profit from then use some amount of this profit into offline business not matter what type of business it is. So the beneficial effect of this business will be that whenever the bitcoin reduces you will not worried about your loss as you will always have another business which will also gives you greater return.

Depending just on bitcoin does not suited well because of its volatile nature so dual business will helps the person to fulfil their daily needs and depending on just one business and that business has no surety so this can lead you to face difficulties in future. There is no doubt about the success of bitcoin but we should also plan another things for our future or present success.

I never have the opportunity to do a business neither in Bitcoin nor in offline . but In my opinion if working for bitcoin is all you like and your heart and mind don't want to do anything outside then I think it is much better that you stick with bitcoin only. even bitcoin  have countless business and earning opportunities . you can do multiple business withen bitcoin.
I don't think you should push yourself too hard to something else offline. specially when you are doing good in bitcoin.

Accumulating a lot of Bitcoin for retirement could lead to a happy life, but the question is, how much do you want to be satisfied with your retirement?

From my past experience, during the 2017 bull run, I had a decent amount of Bitcoin, but I set a high target and continued to hold, hoping to reach that target so I could retire. Unfortunately, the market eventually crashed, but I still didn't sell my holdings. In the end, I regretted my decision. So, the lesson from my story is to always have a realistic target, and once you have enough money, try to cash it out or maybe a portion of it, since we cannot rely solely on Bitcoin for retirement due to its volatile price.

Additionally, having a business aside from your Bitcoin investment is nice, as we cannot predict what the future holds for cryptocurrencies.

It is not a bad idea making money online it is Infact of the coolest jobs but people worry about it because of continuity. It is kind of why many people actually prefer government work than companies. The reason I feel like you ain’t concentrating is because before venturing into crypto trading you weren’t into any of these business before. People that easily do both are mostly people that were involved in offline business before coming to the the crypto space so the knowledge was there already and someone like you need to learn the new business and I think that’s where the laziness kicks in (trying to learn a new thing)


Animal rearing is not that quite hard but for a total newbie it requires knowledge although I will say it is a good business too and will also be proper you invest in it from your earnings online. You can actually have people to look at them and you check on it on your leisure time, also since you have just into online stuffs I don’t see it taking much of your time Atleast there’s free time everyday you can spare for it. If animal rearing is risky to because it is certainly his due to the mortality rate attached to it, you can try holding of agricultural produce. This is quite stress free

It depends on the individuals I believe you were too routed into online business and have seen the benefits which are more less stressful to you compared with offline business. I can say your mentality and sense of reasoning are far more than those who has little understanding on bitcoin progression. Besides those who focuses their efforts on offline business never believe on bitcoin and what they think is that there shall come a day when they will sleep and wake up they won't see bitcoin there again so they decides to focused their efforts on other business which is possibly give them more confident than online business especially bitcoin and cryptocurrency at large.

You shouldn't go into any business that you don't have proper knowledge on to avoid loss. Since you are so fun with your online businesses and you won't be able to put your time and resources into a physical business, you should go on and do whatever is profitable to you,since it can provide you with whatever needs that you want. On the other hand,these online businesses are not permanent source of income and the income vary time to time. Investing on a physical business doesn't mean that you must be there to control your business. Like you said about cattle rearing,you wouldn't be the one to take them around in search of pasture. A herdsman will be in charge of your investment and managing it for you, with this you can still go on with your hobby online. It is wiser that you shouldn't lay all your eggs in one basket. Physical investment and online investment done together is the best way to play safe from the unexpected.

I see you already have a lot of sources of income which I'm sure is enough to take up your time, so just measure yourself do you have time for a new business? At least it requires special attention even if you entrust someone to manage it. If not then leave, it will only make your business neglected and sure, it's a waste of money.

Isn't it more better for you to give more closer attention to that particular thing that you wanted to venture into,maybe you've been receiving signals serving as indication for you to be careful or avoid investing on such unknowingly to you, such feelings comes atimes unconscious to us but we don't see to understand what they mean not until we make such mistakes and later regret, i will advise you to more thoroughly research on that idea and think twice before deciding.


We have different business ideas and strategies and same also is our interest as individuals, but it's always good and more safe not to invest all asset in a particular place, if you think running both online and physical business isn't good for you enough, then always considers the risk that might comes in in doing the same kind of business.

Why does it break you? Well, if you love making money online, do not interfere with your desire. If you can provide for yourself with this, what's wrong with that? On the other hand, if you are just an investor, then probably your investments are designed for a long time; why not have a second income, the profit from which can again be transferred on the Internet?
If we talk about how it happens to me, then Bitcoin is a secondary occupation for me; all the most important things happen offline. There is a business that brings in fiat.
But I think we ourselves should determine for ourselves what is more interesting and important to us. Do you know what the ideal job is? This is a hobby that brings you profit; this is a job that you do with pleasure every day.
Therefore, do not burden yourself with other people's problems; live your life and do what you love.

How much profit for few ASIC miners to mine Bitcoin these days? I think it's not that big after I calculate using whatttomine site and use an average electricity cost.

Gamble online isn't making money, you're will lose in the long run.

Crypto investor, it's not an active job since you need to wait for at least few months or years to make money.

I guess the reason why you not interested with cattle farming is you don't have any experience about it and you worried of getting scammed for trusting your money to your friend. Well, you need to educate yourself and know the risk.

Guys am I the only one having problem shifting my attention into another business like whenever I want to try a business with the money that made from bitcoin I always feel distracted and I don't like it. It's like a distraction to me.

How are you guys running two business together? If the hustle isn't online I don't like it, I have few asic miners that I use to mine Bitcoin and I monitor the farm every day, I also gamble online too, I am also a big crypto investor, I am convenient with these.

yesterday friends came to me and we have some discussions about businesses, they advise me to invest some money into raring of cattles,  I know how profitable the business is because I know those who are really into this and they are doing fine, I'm not ready to enjoy it because I enjoy online hustle than others, the world have called me freak for going down this path but it favours me and I am a living proof.

My end goal is retirement through Bitcoin, I have no other dream than this, and I am not a dreamer but a doer. We all have a favorite subject in school for a reason, Bitcoin is just mine. Out of school though.