Quote from: Mauser on January 07, 2024, 11:11:10 AM

Quote from: Accardo on November 13, 2023, 08:13:36 PM

The question is what are the possible means of securing our businesses and at same time saving the bitcoin made through the services we render? Mainly I crafted out a new skill out of me that earns me local currency; fiat. Yet building a fresh business from scratch isn't easy, most often, I still use bitcoin to invest on the local online business. Still keep me yards back from achieving my goal of hodling bitcoin made through online business. Contribute your thoughts and personal experiences. As the influencer didn't elaborate how he made his possible.

I think there are two parts to the story. The first one is having a successful business that generates profits. It doesn't really matter if these profits are being generated in Fiat or crypto currencies. We can always just trade our profit into the currency or coin that we need. The same goes for paying expenses and taxes, any liquid crypto coin can be converted back to fiat to pay the bills. The second part to the story is what we are doing with our profits. Assuming that our business has enough capital and we are not interested in reinvesting our profits, or planning new projects, we can just trade or hodl cryptos. It's a basic calculation to compare the return we make each year with our crypto portfolio, and how much return our business generates. As long as we don't lose any money in trading that is necessary to run our business, I don't see problem with. Also treating the two separately helps to focus on the profitability and to maximize our profits.

Financial flexibility has always been important to me. In today's volatile market, fluid fiat-crypto conversion is convenient and strategic. It shows how adaptive firms must be to handle different monetary types while maintaining cash flow

I strongly believe cryptocurrencies can be a good investment and store of value. Besides outstanding gains, being part of a financial revolution is important. Bitcoin, in particular, has shown durability and development potential. While maintaining corporate liquidity, hodling or actively trading crypto with surplus revenues is a good approach. It emphasizes corporate foundation building and new investment opportunities