Quote from: tygeade on Today at 04:11:17 PM

For example, if you bought 100 shirts and sold it on a concert, you would have made a lot more money right? Business is still the king, you are not going to start off with 100 bucks or 10k bucks whatever and become a billionaire via crypto, but business ideas makes that possible. Crypto is and will always be great for long term investment option, but the volatility makes it questionable.

you are quite correct. many businesses work on the 3x plan

if a wholesale/manufactured shirt cost $2, and wages+other costs is $2 then the sale of shirt is atleast $6 to give a $2 profit. where the sale is 3x the cost. as a 'reasonable' value shirt.

yes if you have a brand or a popular shirt you can sell for more. but you can also end up with a warehouse is full of shirts that just never sell too..

yes you can make alot of money with the right product. but you can also lose alot of money with a bad product.

its the same case with all things.
there is no promises in crypto or business of guaranteed billionaire status.
for every successful business that has made a CEO a bilionaire, there is a million businesses that wont reach billion status and the same again for businesses that have failed entirely

..
disposible income is not to throw $10k at something. as yes you can buy alot of other promising things with that. true disposible income is the funds that you waste. funds which you dont see that value exist beyond the following week

EG its not about risking your tenancy by putting your rent money to bitcoin or a business. because although when you move home in future you get nothing back from the rent you paid. however that rent that week-month secures shelter for you. so its not disposible

but fast food, luxury items that dont have any function of helping you survive/live/be secure for weeks/months. but instead is just something that is lost and not returnable in a few days/week

disposible income is the stuff that wont make any ROI or profit. its the waste money. the stuff you spend on stabucks coffee.. the stuff you spend on netflix subscription. having your hair dyed or having a haircut. or that bacon baguette for breakfast, the chicken wrap for lunch and the pizza for evening meal.

add up all them little wasted portions of money you dont miss and put that money you dont miss into something that can make returns.
maybe yes buy some shirts.. if you have a shirt design that is popular to have demand. and if you have the right shirt sizes to fit the potential customer without having to stockpile hundreds of shirts just for the hope of catering to 20 people, (5 different sizes are the norm selection people need to cater to s,m,l,xl,xxl)

its then not about just buy once, hold for 50 years and hope to be a billionaire. its to increase the returns by 2x-3x and then repeat.

no one ever said buy 100 shirts, hold them for 30 years and hope to get a billion.. thats not how to become a billionaire from the shirt industry

its to turn $100 into $200 by selling $100 of shirts for $300 netting you $200 after other costs
its to turn $200 into $400 by selling $200 of shirts for $600 netting you $400 after other costs
repeat

same goes for crypto
buy in 2012 for $6.. sell in 2013 at $1000.. buy in 2014 at $500 sell in 2017 at $10k, buy in 2018 at $5k sell in 2020 at $40k, buy in 2022 at $20k sell at....