Topic: Traditional business or investing in bitcoin? which one is good? - page 2. (Read 353 times)

Based on my personal assessment and my apparent understanding of the chart over the timeframe I have established, I believe that before the end of this year, Bitcoin's price range will play 35k-40k, and that entering 2024, either in January or February, it is possible that the bull run will start gradually in the market.

The breakout is indeed conceivable when we enter the price around 32k, according to my prediction that is currently evident, even despite how others have stated here, this is only my speculation.

Siguro kung exit plan ang pag uusapan sa Bitcoin baka kung hindi $500k-$1M ang exit plan, parang may nabasa ako na ganyan ang exit plan nila. Tama ka diyan kabayan at may point ka pero pag iisipan ko pa rin pero katulad ng nabanggit ko baka ganyan nalang o di kaya kung kailan nalang gustuhin. Sa ngayon malabo yung mga plano ko pero maganda nga yang sinabi mo na dapat habang maaga maisip ko na kung magkaroon ako ng exit plan pero kasi sa lagay ng Bitcoin parang wala talaga siyang exit plan na ibebenta mo lahat ng holdings mo.

We have a saying, do not put everything in one basket. And hanggang ngayon I believed on that, we must always find a ways to have multiple sources money wise. So it's either you invest on bitcoin, stocks, real state or putting up a business.

At least you have several options under you, if one fails then you have others to cover for you. Like in bitcoin, for sure marami sa tin had experienced on 2017 bull run. And we thought that it's going to continue. Pero later on, we realized that bitcoin invested has it's ups and down, may bear and bull market. So kung umasa lang tayo sa kanya nung 2018-2019 so malamang hirap tayo. So we need to diversify as much as we can at maraming source of income.

Tama naman pero mas maganda pa din na may exit plan ka. Lalo na kung dadaan ang napakahabang bear market, kung panay dagdag ka lang ng investment sa Bitcoin at sakaling kailanganin mo ng pondo para sa ibang bagay, posibleng maghagilap ka ng pera at ang investment mo sa Bitcoin ang magalaw. Para sa akin habang mas maaga may plano at may sinisimulan ka na para na din sa future mo. Kahit maliit na negosyo, hanggat patuloy na umaandar at nakikita mong lumalago, malaking bagay na yun dahil alam mong may nasimulan kana.

Ako din sa ngayon, crypto or holding muna ng Bitcoin at kung may pangdagdag, ay magdagdag din muna. Pero kung yung iba may exit plan, ako walang exit plan pero gusto ko din magkaroon ng dagdag na venture sa ibang business na gusto kong pasukin. Kumbaga ito yung pinaka foundation muna ng lahat ng papasukin kong business in the future dahil yung risk taking dito parang mas matindi pa sa pagpasok mo sa business di ba.

Good luck sa ating lahat dito mga kabayan, kumbaga sabi nga sa mga post na nakikita ko. LFG!

Noong 2021 naoverlook ko yan sa totoo lang, nalaman ko na nga lang yang bull run nung time na yan ay tapos na, bear season na nung nalaman ko. Saka pandemic pati nung time na yan. Nasa survival ako nyan at recovery ko nun sa health qu din. Ngayon, yang mga NFT games hindi yan pwedeng mawala sa cryptocurrency industry dahil part yan ng crypto at malaki din ang contribution nyan sa crypto market kahit ang meme coins malaki din ang naiaambag nyan.

Kung ikaw nasa 60%-70% yung inaacumulate mo sa Bitcoin ako kabaligtaran 70% nasa altcoins at memecoins ang inaaccumulate ko, wala akong pakialam sa sabi ng iba na shitcoins ang meme coins, pero sigurado akong makikipagsabayan yang inaacumulate ko na memecoins sa bull market.  Nung trending ico season, 2019-2020 naging naman trending naman ang NFT season, So this time batay sa pananaliksik ko mukhang meme coin season naman ang papasok, sa assessment ko lang ito at paniniwala. Basta ang masisiguro ko hindi ito magpapaiwan sa bull run may iba pa nga ako na holdings na kung san ito yung magiging first time bull run nya na hindi rin magpapaiwan dahil nakikitaan ko rin ng potensyal na capable siya talaga.

Yaan mo nextweek gagawa ako ng topic sa sinasabi ko, this week kasi gagawa ako ng continuation topic ko sa trading tutorial.

Same tayo ng hope kabayan. Sana nga maramdaman ulit natin karanasan noong 2017. Sayang yung 2021 hindi napaghandaan dahil na rin sa pandemya. Less expectations na ako sa 2025 lalo kay bitcoin at ibang top ranked altcoins. Pero meron naman siguro new opportunities that time like noong 2021 lumago mga NFT games basta exit lang talaga o di kaya sigurohin makuha balik capital at gains before magstart ang another 4-year cycle.

Ano ba mga altcoins mo kabayan if you don't mind? Saken kasi 60% to 70% nakay bitcoin. DCA rin ako monthly at maliitan lang din.


Oo sobra kabayan. Sana worth it risks ko na to. Binenta ko na rin lahat ng natirang stocks ko ng palugi para makapag focus sa crypto ulit.


Talpakan sa crypto kabayan. Nag DCA ako monthly. Yan kasi ginagamit kung term kapag tinatanong ako ng tropa para di halata meron kunting investment.

Parehas ay may kanya kanyang risk involved. It also depends kung ano yung experience mo both fields kasi yun yung important thing about it. Both are good depende kung ano ang view mo sakanilang dalawa since parehas naman sila may risk. Though for me mas pipiliin ko yung crypto kasi siguro mas mahaba yung experience ko sa cryptocurrency compared to having a business. Umaasa ako this time sa crypto cycle which is I think nasa middle na tayo ng cycle. Nag promise kasi ako sa sarili ko na mag cocommit ako na gagawin ko best ko this cycle.

Why not, if it can be accomplished simultaneously? Actually, traditional company investments can aid in the acquisition of Bitcoin. Of course, at the moment, investing in bitcoin won't yield a return for several months or perhaps years. Additionally, our traditional business might serve as Bitcoin's fuel while we wait for our end goal, when it will be sold.

This implies that when we gradually amass bitcoin via DCA, the conventional investment is much better. So, in my personal opinion, it's a good thing to be honest.

Traditional business is ok pero it takes time and you need to analyze it very well para magsucceed ka at pagplanuhan ng mabuti. Investing with Bitcoin though is very easy, pero syempre risky sya kaya hinde ren talaga sure profit ito. For me, mas ok to have both since diversification is a must and mas ok na may backup plan ka than to stick to one source of income only. If you can start with Bitcoin right now much better, you can just have your own business later on at the right time.

If we are talking security, wala talagang financial security na maibibigay si Bitcoin sa atin, realistically we are just assuming that bitcoin will increase its value in coming years which is a high probability. Pero pipiliin ko pa rin both para maging diverse ang portfolio at magkaroon ng cover din both traditionally and sa cryptocurrencies. Sa isang banda, if we want our future to be secure mas lamang sakin yung traditional business, proven and tested na to sa mga mayayaman sa atin, noon pa man na wala pang bitcoin eh mas nakakatulong to para sa future ng isang tao. Ang kagandahan naman sa pagpili neto parehas ay mas possible ang win-win situation mo pag pumatok ang business mo and dumating yung time ng bull run.

Parehas may pros and cons, but these two is a good weapon for the future.

Mas maganda talaga na parehas piliin. Parang ang plano ng karamihan sa atin dito, invest muna sa Bitcoin tapos kapag dumating na yung panahon na bull run tapos malakihang cash out, doon na pag iisipan ang investment. Sa mga nasa magagandang lugar ang pinaka magandang investment talaga ay real estate at paupahan. Tumataas na value kada taon o kung hindi man kada taon basta tumataas, tapos meron ka pang passive income para sa mga pinapaupahan mo. Sa mga walang experience sa pagbu-business, matututo ka rin dahil natuto ka naman na din sa pag take ng risk sa pagi-invest sa Bitcoin.

At this moment in time, I prefer not to gamble on my future so a traditional business that has lower risk and reward would be my ideal choice, but If I were to witness the last few mined bitcoins ^{[around the year 2140]} in my twenties, my answer would've been completely different.

Matik both syempre diba nga may kasabihan na "Don't put your eggs in one basket". Much better kung mai-ispread out mo yung pera at investments mo at hindi lang sa crypto. Lalo't risky at volatile ang crypto and hindi natin masasabi kung kelan babagsak ang market.

Although na pinili ko ay both, mas magle-lean on pa rin ako sa traditional businesses na more on property renting dahil para sakin mas secure syang decision when it comes to future. Pero syempre, if ever man tuloy pa rin yung savings sa crypto para kung sakaling tumaas ang market.

You can allocate portions from the profit you get from your traditional business naman. Kapag sa bitcoin kaagad, at long term ka, hindi kaagad yan profit dahil most likely eh maghihintay ka pa ng ilang buwan at taon. At wag din nating alisin ang posibilidad na pwedeng magdecline ang value ng bitcoin. So even though napakalano nyang mangyari sa ngayon, eh posible parin.
So... divide your "portfolio", ika nga. Kaya both ako.

That's a great point! To sum it up, Bitcoin can be a source of passive income, while a business offers active income. Having both can help diversify our investments, which is a smart move. It's good to see that people are thinking about their future security and not putting all their eggs in one basket, whether it's Bitcoin or business. We should definitely keep following that path.

---

Wow, all your savings, you must be a real high risk taker.


What do you mean by talpakan? Are you referring to cockfighting gambling? I thought it was already ban by the government.

Nararamdaman ko yang ibig mong sabihin, sana maulit ulit yung naranasan ko na saya nung panahong 2017 this coming bull run. Sa mga pagkakataon na ito maganda talagang ang dca sa totoo lang, ganyan din ang ginagawa ko honestly speaking. Kahit maliit na amount lang basta meron akong maaccumulate na alam kung makikipagsabayan sa pag-angat ng value ni Bitcoin sa merkado.

Sa bitcoin meron din naman pero mas priority ko ibang crypto na nasa top listed sa merkado, nawitness ko naman ang mga ito nung panahon ng bull run, talaga namang sumunod din sa pagtaas ni Bitcoin. Mas mataas kasi ang percentage na malaki kitain dito sa inaacumulate ko, though sa bitcoin, okay naman at pwede kang kumita ng x5 or more for sure, pero sa ibang top crypto na sinasabi ko ay posibleng x10 or more ng capital investment ang maging roi nya.

       -    Is it not conceivable, if you have the ability, to accomplish it simultaneously? They can assist us equally and are equally significant.
No matter how big your traditional business is, you can always make money from it. Your ability to do so depends on the number of customers that buy from you as well as the things you are selling.

Regarding Bitcoin, the only strategy that is truly risk-free is a long-term investment. You can gradually make money in the traditional business while you wait for the ideal moment to sell your Bitcoin, and you can utilize DCA to increase your profit when you buy Bitcoin here as well, aren't you right?

I believe it's wise to consider a balanced approach, for me choosing both traditional business and investing in Bitcoin can shape my financial future. I know that traditional business is time-consuming and has high startup costs like what I started this early month of October, but it can provide me with stable income and personal satisfaction so this will be my active income. Owning a business allows me to have more control over the operations and direction, giving me the ability to directly influence the success so can I support my investment into Bitcoin. And for Bitcoin investment, this will be my passive income that will give me high potential returns.

Sa ngayon parang ang nagyari lahat ng savings ko monthly nakalagay sa bitcoin and some other altcoins. Meron naman balak to start another business but only after the crypto bull run or after sa 4-year cycle ni bitcoin. So sa ngayon focus muna sa talpakan at sana mag grow nga savings para kahit papaano lalaki ang capital sa business, probably 2025 or 2026.