Topic: What should I choose - page 26. (Read 30009 times)

I would think it thoroughly though because the risk of investing in cryptocurrency and businesses are almost the same, you might lost your money here if you don't know what you were doing and this applies too in businesses. Considered that you know where is the best location, people, type of business, permits, etc. It would take some time before you get a decent amount of profit and it all requires a huge capital for investment.

Choose the one that suits you, because you know more about the quality you have, don't be too pushy if it doesn't suit you, and that will only become a pressure for you.

Business and crypto investment are looks like same because both are not a simple job so Beginners are gain some knowledge in any field then try to concentrate our work is the right way.
If you suggest to start business for newly graduated person surely they loose total investment. Nowadays smart work is the right choice for any platform so decide our own destination is the good for everyone.

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.

   We have different opinion on the above topic question, but my one cent opinion... I will go for option number one (1), often time newly graduate from university have some problem finding Job equivalent to his/her degree acquired, i will make use of the time learning the in's and out of the Crypto market the make a sound decision for my chosen coin as posted in the market. Putting up real business or opining it up for a start have the same degree of Risk as to crypto with delayed ROI. Time is gold.

I will choose option 2 Opening a real business. Going by what you just said i quote "Opening a real business" nothing is more likely to profit than the real business especially investment into the real business. The most profiting business this day is the real business than the virtual business called cryptocurrency were loses are inevitable.

Cryptocurrency investments are good for people with already stable source of income. Why is that so? Simply because cryptocurrency is a high-risk investment; though may offer high profit. As for starters, invest only what you can afford to lose. You need to study the market well before investing. The marketis not always bullish market. Especially now, almost one year of bearish market. How can you make earning if this is the case?

If you are living in a big city and can afford opening a small cafe in the center or in a close vicinity of, or, maybe, at the airport, or near the central station, I would advise you to do it and accept established cryptocurrencies as payment. But you should know what you are doing. You should serve the best coffee in town and also the best snacks imaginable. Also the interior should be minimalistic but neat at the same time. Accepting cryptos is a good plus, but not enough in itself to attract visitors.

And if you don't have money for that, don't invest in any business at all, but rather invest in your further learning, as some posters above have suggested.

Well that unfortunately rules out a lot of options as far as opening a business that accepts bitcoin.

What was your major in college, if you don't mind my asking?  What did you study?

The two things you mentioned as possibilities (starting a business and/or trading crypto) are both extremely risky.  Don't know what country you're in, but in the US I believe most new businesses fail.  The big corporations can offer products and services at much lower prices than a small business can, and big companies have eliminated a lot of their competition because of that.  Depending on what you studied, you might want to seek out a job first and get some real-life experience in the workplace before starting your own company.  We've all seen geniuses like Mark Zuckerberg and Bill Gates establish extremely successful companies right out of the gate, but those instances are rare.

As far as crypto trading/investing goes, you could do that with the capital you have if you find a job that pays your living expenses.  Jumping into that now is way too risky IMO, and I have a feeling the ICO market is going to come crashing down to the ground--and sooner rather than later.  Investing in bitcoin might not be a bad idea, but you'd still be taking a huge risk.

Good luck on whatever you decide.

If you do not want to delve into the situation and work hard, but take the risk and make a profit, then the choice is cryptocurrency. But if you are ready to work hard every day and wait, then choose a less risky option - a real business.

In my opinion, First of all, you should learn and invest in cryptocurrency and then when you gain enough experience, you can think about opening a real business later.

Yes, I will regret if the assets I don't have will increase the price. But I can also regret if I invest in crypto and the assets I have will fall.

If I take both, I don't have enough time. You know that business requires capital and time sacrifice. I can't keep looking at the screen to see price charts on the crypto exchange

I have a capital of 3500 USD. Open a business and receive crypto as a payment for a good idea. But the problem is, in my country, the financial authority prohibits every merchant and company from receiving crypto as payment. That's illegal. In my country, crypto is only allowed as a commodity asset and not as a purchase transaction tool.

Thank you, friend. I will think about it again for a job.

I hope you should choose both, for example you have a capital of $ 10,000 you can for 1/4 to investment in cryptocurrency where you know luck is on your side when the price of crypto rises, and the rest of your capital you can use for real business.
well if you really have to choose one of the good business.

Well I will choose both to invest in crypto and invest to business it's up to us Howard to manage it and the strategy how to make this investment grow. We are the one will do everything to make it happen and have a successful life with crypto and businesses.

Decide for yourself what you yourself stronger and there and there need knowledge

If a business is stable, it is firmly on its feet, and brings a good income, this is a good investment.

Cryptocurrency is now at the bottom, and no one knows how much it will wake up there, but everyone believes in its growth. But in reality, how it will behave is a question.

In cryptocurrency you need to invest as much money as you are willing to lose.

Let me ask you something.
Do you have student debt?If yes,starting a business is the worst thing to do.No bank will give you a loan,if you already have student debt.
Anyway,you are about to make a life-changing decision,and you ask bitcointalk forum members for advise.This doesn't look serious to me.Just do whatever you want to do.If you fail,you gain experience.If you succeed,that's awesome.

You should choose what you want to do and choose the thing that you love to do like if you want doing trading or businesses you should try to invest in cryptocurrency. However, if are you in financing you should choose business. Both of them are good when it come in making income but I think if you do not like you the thing that you choose you will probably lose huge amount of money.

Agree! You can choose both. Try separating a small portion of your capital to invest in cryptocurrency. Then the rest of the capital to you build your own business. For the cryptocurrency investment, try choosing promising coins for better profit. Take note, cryptocurrency is a matter of due diligence.

Open a business you are knowledgeable and familiar with. Under the current climate investing in concurrency and hoping their value increases is very risky. At the very least, with a business you get to control a lot of variables and you can take decisions that are beneficial to your self. buying and holding concurrency as a main source of income is lazy and will lead to ruin unless you are extremely lucky.

Why not just have them both? there's no problem if you'll get into crpto's and I guess you have experience since you're already a full member rank here in the forum with high activity.

As for opening a business, don't open a business if you are ready. It's not for those people that aren't willing to sacrifice their time, money and don't have patience. Establishing a business requires a lot of things not only about the money but also being the one that will handle your own business.