Quote from: Zlantann on Today at 09:25:25 AM

Quote from: PepeLapiu on October 30, 2024, 10:35:52 PM

This is what I have been planning to do for the last 3 years as bank problems only keep getting worst here in Canada. So I sold everything I own in Canada, converted everything to bitcoin, and I'm ready to leave to El Salvador with passport in hand.

I am pleased that Bitcoiners are considering moving to El Salvador to take advantage of the friendly policies the government has implemented. With the low rate of crime, the country is attracting more businesses.

People will be willing to invest in a well-established business and not one that is seeking funds to start up. How will one consider buying or trading Bitcoin from a third party when one can buy or trade directly? Is there any sure strategy that can predict the lowest price of Bitcoin at a given time? The price of Bitcoin is highly unpredictable. How do you guarantee that the business will be profitable? Legal documents or agreements are not a strong protection against scams. Do you have other means of proving to investors that this is not another scam project?

I advise you to get a loan from Canada or El Salvador and use it to start the business. Alternatively, you could seek partners who might be interested because this kind of business proposal will require physical interaction with investors.

It's like we are at the crossroads for something big, however, yeah, it's a hit-or-miss investment, in my opinion.
However, if a person is credible and in high regard on the platforms mentioned - why not?