Let's put heads together and actually analyse this thread of mine I understand that if more and more companies are to accept Bitcoin as a means to pay for goods and services ots good for Bitcoin and Will have positive impact on Bitcoin but if we look at it from some other angles as a business owner I don't actually find it totally worth the risk because in as much as Bitcoin’s price is always going up.and it is considered a.form of investment the price is still very volatile and you have a business to run
If someone pays 1 btc for a goods you offer (I'm just making an example)
And let's say the cost of the good is actually equivalent to.the price of.that Bitcoin what will happen when the price of Bitcoin is in a bearish trend won't he be in a lose for.that good or.will he just have to hold on to.the btc till the price goes up but if he does this he has a shop to.run and needs the money to get more goods
Abi na lie I talk
What is your take on this?
If a good is sold as 1 BTC when the price is high as it is than later price of BTC came down. 1. If you are to sell that things, you will still sell it as higher price to meet up the current price and if you are going to buy that things again what you have sold should be use to buy it again. So I don't see any less there. But if you sell the things before the price reduced then you will be at the losing side. But if you buy things when the price is at the bearish market, you will make more profit when the price goes up. Op you have to know that investment is also risk when the price is on the bearish for months like what happened in 2022. The price was on $16k for months and people been dey cry. And that is why we advise people to invest in long term than short term investment.