Post
Topic
Board Bitcoin Discussion
Re: A portion of my clothing store's weekly profit is invested in Bitcoin
by
Die_empty
on 15/06/2023, 06:20:45 UTC
I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.
Investing your profit on bitcoin is a good choice because you might get some profit from it in the future. And it will be better to save in Bitcoin since your country is facing inflation. Bitcoin will help serve as a hedge against inflation.

But I will also suggest that you seek ways of tackling the challenges you are facing in your business because from your explanation which includes low sales and high cost of goods the business will not perform well because you are not making enough profit to sustain the business. I will suggest you seek a cheaper supplier or diversify to other businesses. My advice is that investing in Bitcoin will not save your business because it is a long-term investment. You need to have income that will help you pay your bills daily, monthly, or yearly until you start making money from your Bitcoin investment.