Post
Topic
Board Economics
Re: Other businesses and Bitcoin investment.
by
tottong
on 03/10/2024, 04:29:55 UTC
It is undeniable that Bitcoin is currently believed to be the best investment for the future, from what happened since the past makes many people believe that things that will be able to return in the future so that it is undeniable to make Bitcoin the best investment.
However, regarding the use of Bitcoin to invest in the future or take advantage of trading to become the main source of income, I think everyone will have a different view on this and from all that can still be done if you do master the knowledge.

And personally I think having a business and investing in Bitcoin is definitely a wise step to get big profits in the future from the investments we make and both of these are interconnected if run to achieve their investment goals, I think there will be quite a lot of benefits that can be obtained in investing if we also have a business in real life.

Making bitcoin the only source of income to meet the needs of life is not right, especially for people who do not have a stable income.
Some traders may have some income outside of trading in bitcoin so they can adjust but if bitcoin is the only income then it will be quite problematic when the price drops.
This is not about knowledge but rather how someone understands that the more sources of income obtained will provide much greater opportunities in investment.

But if you only rely on bitcoin as one of the incomes, it will still be a bit problematic when the market experiences a sharp decline.
Doing business while running an investment in bitcoin is a much better choice because we have the opportunity to continue to add to the number of asset ownership and for our daily needs we can use the money from the business.