Quote from: Jegileman on August 13, 2023, 08:14:44 PM

Bitcoin as a source of income or as an investment plan, which is better?
(It has many advantages and disadvantages, but advantages superceeds the disadvantages). Putting the disadvantages into consideration and as a person that want to lower their risk of loss, will bitcoin be suitable as a source of income (not fully, like part-time job), or investing fully in them and wait for a large profit since many users here in the forum foresee it that, at halving the price always go up above the current All time high.

Bitcoin is the recommended cryptocurrency for anyone who wishes to invest in crypto coins with a lesser risk With long years investment plan you are sure of making profits from your portfolio but taking it as a source of regular income is what you should dream about because of its volatility it's not guaranteed that an income will be made out of it at the time you want it. It's a decentralized currency that no body is in control of so you can't accurately predict the next possible outcome which should make you to now depend on it as a source of income.

It's most suitable as a long time investment and not a rolling income source, except you have a skill you can render as a service online to people/organization that needs it or here in the forum that you get paid with BTC and that can serve as income source.