I have being working hard to gather some money for business or investment now, I have $800 which my original intention was to start a provision business but looking at bitcoin recently falling to the earth, another thought came to me to use the money and buy bitcoin, I know the money is not much but I don't even know what to do.
Is $800 enough to start a business like you want to do and will the value of growing the business make a short-term impact? If you intend to invest in bitcoins there is another pattern you can do though at the current price if you buy it will get more bitcoins. The problem is, you also have to use the money to be more productive and if the business you are planning is profitable in the short term then you can also invest in bitcoins at the same time.
DCA is a great way to try to collect bitcoins and the business should also be running so you can make regular profits. There will be times when you buy bitcoins in much larger quantities, when your financial strength is much more stable with the support of a growing business. Consider and make the right decision for yourself?
If I go into provision business it might required money capital and if invest in bitcoin I might not achieved anything with it for now, am confused what do I do? I need your suggestions. Thanks
You better know exactly where the money you have is currently placed and for me it would be useful if it is used in a business that can generate profits in the short term. But if you can't do that bitcoin is the closest source to store the value of the currency you have now.