Post
Topic
Board Economics
Re: If you have a lot of bitcoin, should you spend it or save it?
by
crazycatwoman03
on 09/10/2017, 13:38:59 UTC
Having a lot of bitcoin is overwhelming i would invest part of it for a long term plan for me to be able to generate profit in ten years time. Some i would spend and i will the things that i needed and i wanted and will share it with my love ones.

Yeah it would be a smart move to invest your bitcoin if you have lots of it. Investing sounds scary because you know that you will be risking your money but I think that it is worth the try. If I have lots of bitcoin, I would use some of it to have a business that I know I will have a long-time benefit. Here in our place, we lack in infrastructures that will efficiently accommodate the town visitors so I am thinking of investing in a hotel that will serve the best foods in town and give the best service. Investing in businesses will surely give us something to hold on for a long time and if we succeed, we might expand the business to branches for more profit.