What should I choose | Bitcointalksearch.org

Naida_BR

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Quote from: Rufsilf on June 10, 2019, 11:11:26 AM

Investing in cryptocurrency is a good because it can also give big profits but it is very risky at the same time because the market isn’t stable and not all the time the price is rising up. Opening a business on the other hand is also a good option for income depending on the type of business that you’ll be doing. Both are actually a good source of income and both have their good and bad side, its up to you what you really want to do in your life. As for me, I wanted to do both if given the chance and resources.

Running your own business is very risky as well.
Sometimes riskier than investing in cryptocurrencies. And right now, Cryptocurrencies are a "safe" investment in the long run. No one who held his crypto in the long run lost his money.

Aksiyon1

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I think in this era with the rapid development of science and technology, I will choose Crypto. This is the current trend and it will also be a premise to help you gain more learning experience to be able to open a business. You will learn a lot from this market, I guarantee it will not disappoint you.

Rufsilf

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Investing in cryptocurrency is a good because it can also give big profits but it is very risky at the same time because the market isn’t stable and not all the time the price is rising up. Opening a business on the other hand is also a good option for income depending on the type of business that you’ll be doing. Both are actually a good source of income and both have their good and bad side, its up to you what you really want to do in your life. As for me, I wanted to do both if given the chance and resources.

Rounaksarkar

newbie

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The two different ways are business and investment. Such as-

1) In business, people where you have to bring them. And the person who has to try to make the customer.
2) In investing, where the right decision is needed at the right time. But you need some experience too
.
If you know what to do now, then there will be a success in everything. Now you understand what will be good for you.!!!!!

Adriano2010

hero member

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Indeed both are risky, if you know how to manage a bussiness better try open a business and after you get some profit from bussiness invest on crypto and see how is going.

Ewox

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Both of them are risky because of the fact that you use fiat money to invest on both of these choices however if I were you, I'd choose an investment wherein there is an assurance that the money that goes into that certain investment would have somewhat a percent out of the money you put in; be it only 1% or 10% for as long as there really is a return. And I would not rely on my decision on other people too, trust your own decision but make it a point you did your research before choosing your investment.

Noilee

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Quote from: thuthanh on November 11, 2018, 11:11:57 AM

If you want have a daily income, you should choose to open a real business. Invest in cryptocurrency only if you have unused money or do not want to send your money in the bank. You can to make long-term profit by investing in crypto.

Both are a good idea, if you want to earn good income just do real business that can help you in your daily important needs, but now the best to choose is cryptocurrencies, because the price is getting better as day comes. You can use also for savings if you will already had get a profit. Even if sometimes its not stable but its a big help and it will gives good future someday.

Adhichan

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Quote from: CoinChili on March 04, 2019, 01:22:46 AM

Both choices are risky. If you are not that skillful in cryptocurrency, then drop it and choose to put up a business instead. Choose what business will you open up considering the line of demand and popularity nowadays.
Also, there are saying that a risk taker will bring you success in the future. Whatever your choice is, I wish you do well.

risk taker will not always bring us to success if we don't prepare our self with soft skills.for example we take big risk in crypto investment, but we dont make any observation on it.so its has big chance for us to loss our money.

congresowoman

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In my opinion, I will go for a safe alternative -- that is putting your own business. yes, putting up a business is just as risky, but you see you will have many options that will determine your steps in putting up your own source of income. Cryptocurrency can only do as much, but these kinds of things can yield a high amount of bucks provided that you study your steps very carefully and depending on the current market situation. But you see, cryptocurrency as of the moment is not that stable and you really cannot rely on it as the sole source of income as the market can be a real pain in the neck. But whatever you will choose between the two, it will always involve a foresight and feasibility studies.

CoinChili

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Both choices are risky. If you are not that skillful in cryptocurrency, then drop it and choose to put up a business instead. Choose what business will you open up considering the line of demand and popularity nowadays.
Also, there are saying that a risk taker will bring you success in the future. Whatever your choice is, I wish you do well.

TheCoinGrabber

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Quote from: yvesp110 on March 02, 2019, 01:50:21 PM

Quote from: TheCoinGrabber on March 02, 2019, 09:15:57 AM

It depends on how much starting capital you have at hand of course. If you don't have much, you can start with crypto first. Maybe buy bitcoins while prices are down now. Then after you have sold off after a bull run, you can take out some of the profits to invest in a real business.

If you are lucky enough to have capital for both, do so. You can have profits from crypto invested into the real business and vice versa.

It is good to take start with crypto investment because now a day it has very low price with high profit but if we will miss the chance of buying it at low price it will be our bad luck as I have seen allot of milliners took start with crypto currency investment so I also prefer investing my money first in crypto currency then into real business but I am sure no other business is profitable than investing into crypto currency.

Running a business is also more complicated and costly, especially if it have physical stores. With crypto investments all you need is to cash-in and pay the fees, wait for the pump, then pay some fees again if cashing out.

Regulations varies but from what I know you only get taxed for your cryptos when cashing in/out. Compare this with many businesses where aside from the tax you pay for utilities, rent, etc regardless if you earn little or much.

purple.thoughts

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My suggestion is, open first a business while try investing small amount of your money to cryptocurrency at the same time. If you feel that you already have enough money then try investing large amount of your money to cryptocurrency. Just make sure that you already have enough knowledge before you invest it.

Dudeperfect

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It is always recommended to have some backup plan before getting involved with the crypto ecosystem, especially if you cannot afford to lose your investment. I am not saying that you will lose your money but in the worst case scenario, there is a possibility of huge loss as crypto is a highly volatile market and hence you can expect the loss of as much as 100%. However, when it comes to the business, you still have the risk factor and I would recommend you to invest your time before taking any decision. Never invest what you can not afford to lose.

icecube45

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Actually both are very profitable and must be chosen. But if you are looking for regular income it is better you choose to open a real business, that is because investment in crypto is long-term and not for regular income. If you are looking for regular income in crypto you will not get a definite income. That's because crypto prices are very volatile so prices won't stabilize and can definitely go up / down in large numbers. It's better to open a real business and the income earned is used for investment in crypto, this is better I think.

millgates

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Quote from: zeingrind777 on November 10, 2018, 08:23:00 PM

Hi guys, I just graduated from college and wanted to have a better income but didn't know what to do. I want to find a solution to get around this situation. There are just friends who invite businesses to provide income, and there are also those who invite to invest in cryptocurrencies. If you are in my position and faced with these 2 choices, which one will you choose:
1. Invest in cryptocurrencies
2. Opening a real business

Give me the reason why you choose between the one above

regards

Do both, invest in cryptocurrency is profitable but need long time for it except you know how to trading. Real business is always good that's how you can improve your skill and income little by little, day by day. I also doing this, invest in bitcoin while do something else.

kyucryp

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CAT.EX Exchange

I will start opening a new business. so that my source of income will be more and not depend on the results of crypto investment. if we have more business, we will also have more opportunities to earn income. and if one of our businesses experiences problems then there are still other businesses that can sustain our income.

Janation

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Quote from: ongkok87 on March 02, 2019, 10:32:16 AM

for now this is what must be chosen how to get big profits later, of course by investing in high coins such as bitcoin and ethereum if you want to get big profits later

You can't just choose to invest.

It is true that it is a good time for investment but we should think more seriously about this since opening up your own business is better than investing in cryptocurrencies. I am not saying that investing is not worth it but if you can open up a good business and it goes well, you can still invest in cryptocurrencies any time you want.

iMark

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Quote from: andrei56 on February 27, 2019, 05:08:00 PM

Quote from: kramat on February 19, 2019, 02:17:13 AM

choosing both of them in my opinion is the right choice so you will get 2 income and I did that until now, because investment in crypto doesn't require much time

That is very easy to say but most of the time people are not going to have the money to do both at the same time, so it is better to choose whatever is going to give you the best profits, I do not really know a lot about how to create a business so if I were him I will choose to invest in cryptocurrencies despite the conditions in the market which are not the best.

Choosing both, means you have to be prepared with great capital, a mature plan, and a great strategy, did you have that ?
starting a business is not easy as you think, if you are not ready to open a business, it is very likely that you will fail or even bankrupt

gowobonyok

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that's gambling, when we lose and we force play to get our money back, it is the lose streak that we can get. things that have often happened, I've even experienced.

basty03

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0x1b2d294ab6ca449e34F946B86540cd342cF49100

Quote from: zeingrind777 on November 10, 2018, 08:23:00 PM

Hi guys, I just graduated from college and wanted to have a better income but didn't know what to do. I want to find a solution to get around this situation. There are just friends who invite businesses to provide income, and there are also those who invite to invest in cryptocurrencies. If you are in my position and faced with these 2 choices, which one will you choose:
1. Invest in cryptocurrencies
2. Opening a real business

Give me the reason why you choose between the one above

regards

Well for me if you can manage both why are you choosing both of that. In crypto there's no assurance when you can get a high profits but in in real business it will give a good income daily and you have assured that what you invest in that business will be return.

Topic: What should I choose (Read 30009 times)