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
When I first read about these two options the first thing that came to my mind is to open a shop that accepts crypto as a payment. You can have an income and also you can "invest" in cryptocurrencies by providing your services. Make a reserve of Bitcoins and HODL them until you feel that you have made a profit from it. Just be innovative and you will have a better income eventually.
If I were you ,I will just first invest in cryptocurrencies for it will required a minimal capital just like openning a real business which required a great capital and business permits ,but to start for a small living maybe joining cryptocurrency is much better , but if you can gather enough capital ,then you can proceed to openning a real business at same time continue your investment in crypto.
Well, you are partially right. But not all the businesses require high capital investments. For example, if you provide services you probably have only fixed costs that would make your company "expensive". A startup can start with a small capital at the beginning of its operation. If you want to sell metals or other materials then yes you need huge capitals. I consider an online shop as a real business that can bring a lot of money to the entrepreneur (especially if you find the right items to sell). This business can combine crypto payments and eventually lead to crypto investments.