Traditional business or investing in bitcoin? which one is good? - page 3.

Coin_trader

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Quote from: Maslate on October 20, 2023, 06:27:14 AM

If you believe in both, kindly elaborate on why you choose both and the potential impact on your future.

Both.

Ang advantage ng Bitcoin ay mataas a profit potential since sobrang volatile nito pero may crypto cycle tayong tinatawag which is nagdudump ng malaking percentage ang Bitcoin once ma reach na cycle peak. Proven and tested na same cycle lang ang nangyayari since the beginning ng Bitcoin.

Kaya nasabi ko na both ay maganda ay dahil maganda silang icombine dahil consistent profit ang traditional business although medyo maliit lang ang profit margin depende sa business mo ay magandang pang cover ito in case nasa bear market ang Bitcoin since hindi naman laging bullish ang Bitcoin para makakuha ng profit.

Ang ginagawa ko now ay nagaallocate ako from business profit ko na nilalagay ko sa Bitcoin pakonti konti. This way kumikita ko both at consistent na walang patay ma season. Bear or bull market man ay makakaasa ka na laging pabor sayo kung pareho kang meron nitong dalawa.

DabsPoorVersion

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I would say both Bitcoin and business.

When we say business, it is a regular occupation wherein an individual or a group of people organize the production of goods or services. Running a business means you are your own boss; you have control over your time and lifestyle. Aside from that, you have control of your money which gives you the advantage of enjoying financial rewards.

In Bitcoin, it takes time to enjoy the financial rewards. No more taking profit until reaching the target price. Meaning, there will be no passive income in investing in Bitcoin unless you do day trading. However, this is risky and not considered as investing anymore, it is also not advisable for people who do not have enough knowledge and experience.

It's better to have different types of investment. An investment that provides monthly income that can sustain your daily needs. If you only invest in Bitcoin and there is an emergency, or financial need to be specific, possible that your investment is your only choice to be used.

Maslate

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Let's discuss about our future here, since we talk about bitcoin all the time, I like to break that a bit and with some realistic questions for our future. We are all are thinking of our future, so I like to get your opinion between the two on what will you choose to secure your future.

If you believe in both, kindly elaborate on why you choose both and the potential impact on your future.

Topic: Traditional business or investing in bitcoin? which one is good? - page 3. (Read 353 times)