Post
Topic
Board Nigeria (Naija)
Merits 4 from 2 users
Re: imagine say Bitcoin crash what nest?
by
Roseline492
on 29/11/2023, 22:45:38 UTC
⭐ Merited by hugeblack (2) ,CryptopreneurBrainboss (2)
we all know that Bitcoin is so broad that coming to crash is so minimal, but the big question is  what if it crash?

it is so obvious that majority of the world is totally dependable on Bitcoin.
but I think that in anything we do we should try as much as having a plan b, there is nothing wrong if we invest in other business as plan b.
for example I have seen most men who are international staffs in an oil companies taking a huge amount of money at every end of the month not knowing that nothing last forever more especially money.
so am on the opinion that every Bitcoin miner should have a plan b of investing in other business to avoid the story that touch.
Yeah obviously you have a point because is just like a saying that he who put all his eggs in one basket is likely to start from square one if the basket falls because is obvious that all the eggs will be broken, so in as much as an investment may seem profiting the need to diversify to other investment is also very important because so many persons are going through a lot because of wrong planning.

However the way things are going now, the need to have other source of income is very important because even if you have invested on Bitcoin there should be a source were you are getting some money from because is obvious that some important needs that need urgent attention could arise and if perhaps you don't have other means of sorting it out it could make you sell off some of your Bitcoin with a discounted price.