Post
Topic
Board Beginners & Help
Re: What should we see bitcoin as?
by
Asiska02
on 13/08/2023, 21:23:52 UTC
Either source of income or investment plan, it depends on the one that’ll work for you when you look at things from different perspective. Seeing it as a source of income depends on the work you’re doing and being paid in BTC. Only some crypto related companies will pay their workers in BTC today since the risk involved in crypto trading is limiting its full adoption by all yet. It’s okay to work and be paid in bitcoin, it enhance its adoption in some ways too.

Also, investing in bitcoin still depends on the money you’re putting into it and how much you stand to earn in the long run. To reduce the risk of loss, having an investment plan will give you a better guide in the market. Investment could be in the form of trading or holding. To reduce the risk of loss being caused by the volatility of the market, its advisable to just buy and hold your BTC for the long time to reap your profit later. This is advisable for newbies and those that have no prior knowledge on trading bitcoin.