Quote from: Mia Chloe on July 06, 2023, 04:41:32 PM

Since I joined this forum I have always wanted to invest in Bitcoin however Bitcoin investments in my country is not easy because of our currency value and the government is not in much support am currently working on convincing my mom to accepting Bitcoin in her tailoring shop i Also intend on hodling those Bitcoins

I would appreciate any advice on this my move

Well it's better if the government "does not support" crypto so that they wouldn't be able to tax your earnings. We need more context for this post, OP such as what country do you reside in.

As long as it does not put you behind the bars, you should be fine but again you should give us more context about this. There were other people that just resort to P2P transactions when their government bans the usage of any forms of crypto and using VPN to access exchanges.

Quote from: UchihaSarada on Today at 09:16:06 AM

Accepting that offer is not bad but it is how deep that tailor shop treasury is. Because it should be considered as an investment by using part of the tailor shop income to store it in bitcoin. I am sure not all customers of the tailor shop will use bitcoin for their payment.

OP must plan to not touch these bitcoin too often because each time, it will cost transaction fee so reducing times to move bitcoins is better.

I mean it isn't being used as an investment anyway, just storage of the earnings from the tailor shop rather. It's not really "earning", but rather "storing" Bitcoin according to OP. If OP really intends to "hodl" as an investment then it would be better off just separated from what the shop earns due to volatility of the market.

Setting up a wallet isn't that hard at all.