Quote from: goldkingcoiner on Today at 12:41:56 PM

Quote from: Gulttam2a2 on June 14, 2023, 04:56:16 PM

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.

Congrats on your wise investment! I think that Bitcoin is always a smart choice, especially considering how many times fiat money has failed us in the past and keeps failing us to this day.

However you should keep in mind that Bitcoin is not a "get rich quick scheme" and you will probably not see amazing profits from your investment in the short term. You should hodl your coins for at least a few years at minimum. You should understand that an investment in Bitcoin is a profitable investment only in the long term. If you have bills to pay, especially in order to keep your shop open, then you should definitely consider keeping a large portion of your profits aside to do that. Otherwise you might have to sell your Bitcoin at a loss in order to pay your bills.

Risky move to make but its not something that bad either considering that we've seen on how many times that Bitcoin shocked up the crypto space on reaching up new all time highs and this is where most investors

is really looking up into such probability and this is where they would really be having that kind of impression that they would really be needing to invest and accumulate as much as they could because we arent still
on a bull run yet and some doesnt really care about those times which they would really be that focusing when it comes to long term aspect. For someone who does have a business then integrating
Bitcoin payments or solely trying out to invest some of the portion of profits into crypto investment isnt really that a bad thing either.

We do have our own will and risks taking when it comes to this on which there might be some people who cant just bare up the risks but there are ones who would really be that risk taker on taking up such decision.