Quote from: edy_58 on Today at 09:41:17 AM

Quote from: Mayor of ogba on Today at 08:50:27 AM

Quote from: Tmoonz on Today at 08:15:28 AM

I consider JJG'S advice that after building up your Bitcoin investment portfolio to a certain point of considering diversification, that it is advisable to diversify in to real life investment such as selling commodities, real estate or land, investing in altcoin is more like gambling than investment. Fuck shitcoins.

I agree with you, @Tmoonz, because after we have completed our bitcoin accumulation plan, if there is a need to diversify our investment, we should start a business that will generate money that we can use to solve our daily life problems, and it will allow us to hold our bitcoin investment for the long term because it will be a source of income that we will use to solve our daily life problems, and we will not depend on our bitcoin investment to solve them.

Using profits from investment returns from Bitcoin will certainly be very good and if we get profits from the business we are running we can still invest in Bitcoin again, because by having several sources of income this will make it very easy for us to meet our needs. we will need in the future and we will still get profits that we can use for our daily needs from the business.

There is nothing wrong with using some of the profit you are getting from your business to invest in bitcoin. But I don't support someone buying bitcoin at a low price and selling it at a high price for short-term profit because it is like someone who is gambling, and you might end up not accumulating bitcoin if the price doesn't reduce to the point where you want to buy it back. Before you invest in bitcoin, know that bitcoin investment is a long-term investment, like a minimum of 4 years before you can get a good profit that can change your life. I will advise you to accumulate bitcoin with the DCA strategy and hold it for the long term. Before you do that, make sure you have emergency funds that you will use to solve your financial problems so that you will be consistent in accumulating your bitcoin.