Post
Topic
Board Bitcoin Discussion
Re: Bitcoin and Covid 19
by
Artemis3
on 12/10/2020, 15:02:24 UTC
I am a businessman, I get a lot of income from my business, and I leave the world of trading, bounties and investing in crypto.  But after Covid came today, I decided to return to the crypto world, and I hope to have a good profit here.  what if i invest my business in bitcoin? is bitcoin still good?

Do not expect to make money by just "investing" in bitcoin, instead bitcoin is a means to preserve wealth. It is the best way to keep your savings in case of yet another economic collapse.

For preserving your wealth, in the long run, yes bitcoin is still good. To earn an income without working, sorry but those days are long gone.

If you do your business using bitcoin rather than fiat, you'll be able to understand the reason of bitcoin, especially when the next crisis hits and everyone around you becomes poorer after some idiotic politician decides to, yet again, ruin everyone's (fiat) money.