Post
Topic
Board Economics
Re: which will u choose to buy
by
GeorgeJohn
on 07/01/2021, 21:02:19 UTC
I will invest in btc when it was of $4000
Bro. that time has passed. I don't think $4000 BTC price will happen again. i wish it would happen but it doesn't seem possible anymore.

People are differs in terms of business ideology because it's obvious that some people does not utilize money while some people utilize money when them see money, issuing me half a million dollars, automatically the money is going to be invest instead of buying personal use, first I will ensure the money yield another money monthly or annually, by adventuring into cryptocurrency such as buying and selling of bitcoin making a little profit every month, i think it's more preferable than using the money all for Ferrari that will require maintenance and also a liability to me, I really know it's nice to leave a comfortable live but exhausting half million into a property that will not generate income is absolutely wrong plan from my perspective.
so you would invest whole amount in Bitcoin or in cryptocurrency and generate more cryptos every day or every month? you got a nice plan but how would you execute it? how you make sure that you'll not loose anything by investing in crypto? what if price drop? which is normal I think.

Not really using all the money into cryptocurrency , at the least some part of the money will go into other businesses that will bring return not only cryptocurrency because bitcoin can drop as you said in price anytime and any hour, so is not good to place all our eggs in one basket in case of breakage or destruction, and its obvious that any business is based on risk, trading via forex through bitcoin can equally bring much profit that's not expected , so in all ramifications living a comfortable life or moving with a better ride is not an assets, asset is investment that brings return.