Pages:
Author

Topic: Do you have an idea to invest your bitcoin in offline business? - page 7. (Read 33467 times)

newbie
Activity: 34
Merit: 0
yes, it is a good idea, now many miners are doing offline business and make btc mining as their offline business capital supporter, because we do not know when mining btc will continue in each country.
member
Activity: 94
Merit: 10
Actually it's a good idea, I plan to do that too, investing bitcoin in offline business, but it will be difficult if there is no support from the government, the problem in my country bitcoin half banned because it is considered not a valid payment instrument.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
it is good idea. I actually invest my bitcoin in an offline business. but it is a personal business, and I still develop it. but I think I want to develop it myself first then if it is possible I would invite bitcoin investors to join like you said.
I must say that there is nothing wrong with investing some of your btc in and offline business. Because as for my experience as a student ofcourse i came to the point that I also decided I needed to invest some of my btc to an offline business inline with our family. I mean atleast i get to earn money within our currency and at the same time from bitcoin.
full member
Activity: 378
Merit: 100
actually a lot of business plans that I want to do from bitcoin results, I want to open a restaurant business plan because the restaurant business promises in the future. the second I want business on the farm because I live in the village.
hero member
Activity: 910
Merit: 502
My idea to invest bitcoin is in agricultural production, in my country the rate of consumption of poultry eggs has risen such that demand had exceeded supply, I am planning to save my bitcoin with the belief that the price will continue to rise, because investing in poultry is capital intensive but in a long run it will a very profitable business.

I think investing bitcoin into some other bussiness is not gonna give you very much profits like holding the bitcoin and selling the bitcoin in future.For example you are investing bitcoin into agriculture the it will give you profit of 10% or more but the bitcoin will give you 10 times of your investment in one or two years.
You are right in a way though but that still depends on the investment you are relating to. Sure, it is hard to invest in something these days which obviously will even tie down your capital and may not give you as much as profit on investment with the capital as much as bitcoin would have given.

So, I can totally relate why having to consider pulling the funds into investment may not be good. However, there are some investments though that you can do and earn you pretty much in a short while like real estate, oil and gas and so on, it is just to find the right one. After all, diversifying is a good thing in investments.
sr. member
Activity: 924
Merit: 255
Basically this is a good idea and I agree, and with that bitcoin will definitely be more recognizable by many people even new people who have not recognized bitcoin at all. But honestly .. I personally have not dared to doing this, because in the country where I live, the government really still really banning strictly using bitcoin as a method of payment or to buying anything. And as a good citizen, of course I can only obey the existing rules and trying to obey the government's regulations. Maybe next time after the goverment can be really legalize bitcoin, I've a plan to doing this business.
hero member
Activity: 798
Merit: 527
In the future this is potential but now is too less of people who know to bitcoin so this cant
Have you considered the few number of people who might wish to try their hands on actually making use of bitcoin for real life purchase? Sure, we may have less people and it is not like it is a must for someone to consider only bitcoin as a form of payment as that will apparently be a stupid thing to do. However, you can combine with fiat, make it flexible and you had be surprise some willing to pay in bitcoin.
newbie
Activity: 34
Merit: 0
yes, it is a good idea, now many miners are doing offline business and make btc mining as their offline business capital supporter, because we do not know when mining btc will continue in each country.
hero member
Activity: 2996
Merit: 600
Eloncoin.org - Mars, here we come!
Once i had tried it, i invested a start-ups with my bitcoin, but i failed, the reason was that the price of bitcoin pumped a lot, so the founder decided to sell bitcoin and quitted to do other things, it made me disappointed, i think people outside bitcoin world may not understand it thus don't believe in bitcoin, i will never invested them with my bitcoin from then on

What's that start up you made with bitcoin? People outside bitcoin will never understand what bitcoin is if they are not going to start knowing their things about bitcoin. And instead of knowing what bitcoin is, they are only listening to the people that are talking negative about bitcoin and this is stopping them to have an idea to invest their bitcoin in offline businesses.
full member
Activity: 192
Merit: 100
Once i had tried it, i invested a start-ups with my bitcoin, but i failed, the reason was that the price of bitcoin pumped a lot, so the founder decided to sell bitcoin and quitted to do other things, it made me disappointed, i think people outside bitcoin world may not understand it thus don't believe in bitcoin, i will never invested them with my bitcoin from then on
hero member
Activity: 994
Merit: 502
Yes, I am very much interested to invest but the problem is we have to convert them to Fiat currency directly people are still not accepting Bitcoin payment for any sort of business. For that we have to wait some more time until some one accept in the form of Bitcoins.
I too have plans of making an offline business with bitcoin acceptance, but doesn't have plans of investing the same. Because even if I keep hold of the bitcoins, after years I'll be getting good sum of profit. Also business with bitcoin acceptance won't gain good in terms of bitcoin these days, but it changes when years pass and more people get awareness about the same.
sr. member
Activity: 1540
Merit: 255
Yes, I am very much interested to invest but the problem is we have to convert them to Fiat currency directly people are still not accepting Bitcoin payment for any sort of business. For that we have to wait some more time until some one accept in the form of Bitcoins.
full member
Activity: 406
Merit: 100
▰▰▰ MODULE ▰▰
As I know most bitcoin users still focus on online business like trading, faucets and online store. If you have enough bitcoin would you invest your bitcoin in offline business like aggricultural Industry, Culinary or may be tourism Industry?

Bitcoin will be known by a lot of people if most bitcoin users use the bitcoin to do offline business. You can use your bitcoin for funding or payment. When your government prohibit bitcoin you can use bitcoin as funding option. I think if you can make sustainable and profitable offilne business there will be a lot of investors from bitcoin comunity who want to take a part in your businsess. Do you think this idea is possible?



Yeah! that's idea is possible,you can make any other kind of offline investment of your bitcoin,anything what you want in your asset to do,to grow  your profits.if you thinks any other kind of business outside in crypto world its better that this is your passion business,because if this is not your field and you join that business without knowledge &experience,all your assets will collapse and turn back to zero.but us of know its better you remain in crypto business.
hero member
Activity: 882
Merit: 506
I agree. I think it is possible provided you are willing to take risks. They say the first thing to do is to decide on embarking onto something. Then why not? Go for it!

As for me, you would have to check on your national laws if they allow the use of Bitcoin as currency. To be successful offline, you would have to follow the rules and regulations set forth by your government in order for your business to be legitimate for all intents and purposes. After following through all legalities, that is the time you manage your own affairs. Either you use Bitcoins as currency or commodity, it is all up to you, so long as you are acting in accordance with your laws. But one thing is for sure, you can use Bitcoins for purposes of funding!
legendary
Activity: 1288
Merit: 1036
Oh yes, Am seriously planning to become a big time Agroprenure, with keen interest  in Snail and palm farming.  I already set my roadmaps  to this,  just waiting  and hoping to make some good money to commence.
I think that only those businessmen can use bitcoin in offline business that have a vast market around the globe they can buy raw materials for their productions and can accept bitcoin as their payment but for low investment businessmen using bitcoin is not possible because of the limited market cap. In the local markets many people do not accept bitcoin because of the unawareness.
I just to invest some of my bitcoin into offline business, but I have no any experience on how to create business. Therefore bitcoin business that's run into my mind is remittance, this remittance are not offline business. I also looking business partners because I was lack of capital for business, otherwise in our country there have no any business who accept bitcoin so I think this is a good opportunity to create business.
If you have the enthusiasm for business, you do not need any experience to create business, as you can start small, learn from it and grow it to your taste later on. Also, you do not need to wait for some investments to spring up in your area that accepts bitcoin, you can just start and fill that gap. Find an idea you love, build on it, act on it and watch it grow. That is the essence!
legendary
Activity: 1386
Merit: 1058
As I know most bitcoin users still focus on online business like trading, faucets and online store. If you have enough bitcoin would you invest your bitcoin in offline business like aggricultural Industry, Culinary or may be tourism Industry?

Bitcoin will be known by a lot of people if most bitcoin users use the bitcoin to do offline business. You can use your bitcoin for funding or payment. When your government prohibit bitcoin you can use bitcoin as funding option. I think if you can make sustainable and profitable offilne business there will be a lot of investors from bitcoin comunity who want to take a part in your businsess. Do you think this idea is possible?



In my own opinion, I think that it is not possible to have an offline business that is engaging to bitcoins for the reason that bitcoins was made online and it will be only manipulated through online. The currency is abstract so there is no way that bitcoin will be used offline.
No! Bitcoin is a means of payment. Have you ever considered rendering a service and the customers pay in bitcoin ? Have you ever considered buying and selling and the customers pay in bitcoin ?

There are so many offline businesses you can do and bitcoin is not just meant to be a digital asset but as a means of payment. So, restricting bitcoin to online only makes it online, but that does not mean every form of business you want to do has to be online.

Talking about manipulation though, I do not understand what you mean by bitcoin being manipulated online.
full member
Activity: 287
Merit: 102
at now iam trying to colecting fund for start my T-shirt production,my project is to design clothes with Bitcoin and crypto related emblem on it.


I would like to say you the good luck for your upcoming business because all the think are getting very expensive so the importance of the thing are having the bright side, the value of the bitcoin is increasing more and more so you should take the start from the bitcoin buying and selling process. The value of the bitcoin is increasing and the people are trying to invest so if you will invest in the bitcoin you will get eh profit from it.
I don’t know for sure, but if I’m to start a Bitcoin related business, it would be a local (offline) Bitcoin exchange for my country, where the Bitcoin users in my country can come to sell their Bitcoin without risk; a business that will be done face-to-face, not only selling, including buying.
member
Activity: 252
Merit: 12
I bought ATM machine in 2015 but still did not pay off.
full member
Activity: 368
Merit: 104
if i earn bitcoin .after that convert  bitcoin to india money.i would like to invest bitcoin in agriculture or shopping mall.

By doing that, you’re not investing Bitcoin, rather you’re starting up a business with the money you earned from Bitcoin. The reason people don’t talk about Investing Bitcoin offline, simple and short, is because bitcoin can never be invested offline. Bitcoin is digital money, and can only be earned and used online.
sr. member
Activity: 783
Merit: 270
My idea to invest bitcoin is in agricultural production, in my country the rate of consumption of poultry eggs has risen such that demand had exceeded supply, I am planning to save my bitcoin with the belief that the price will continue to rise, because investing in poultry is capital intensive but in a long run it will a very profitable business.

I think investing bitcoin into some other bussiness is not gonna give you very much profits like holding the bitcoin and selling the bitcoin in future.For example you are investing bitcoin into agriculture the it will give you profit of 10% or more but the bitcoin will give you 10 times of your investment in one or two years.
Everyone has his own way of thinking but I think otherwise. Investing bitcoin in some other business is the best way to make more money provided that you are having some good plan in your mind. There is nothing bad in investing your bitcoins in some other offline business if you think you can do well in that business. It only depends on your own motivation andself-determination.

Pages:
Jump to: