Re: Buy the DIP, and HODL!

But for those business owners that have just started the business, and haven't reached ROI yet, you should merely concentrate on the business. Bitcoin will merely be a distraction. But if the business has reached ROI and has paid for the money loaned to start the business, THEN use some of the business' profit to save and HODL in Bitcoin.

That's just a rookie mistake, they just assume that it's always going to be up and up while the reality is different, creating a business is easy if they have capital but making it profitable is the real task and to get ROI it will be atleast 3-5 years on an average so the focus should be completely on that if we are talking about business that is just handled by ourselves.

Quote from: Wind_FURY on March 21, 2025, 03:02:40 PM

Plus for those people who want to start a business merely because they "don't want to work for someone else", I believe you should think about it carefully before leaving your job. It's harder to start and boot-strap an actual business than working for someone else.

It's due to the influence of social media motivational speakers, they just spit things without telling the real story behind it. And it made lot of people to think that I can do this, but at the end it's just that they dug their own grave.

If we think about it more clearly, if a person who wants to get a bank loan to start a business can work around, trick the bank, and diversify the funds to BUY BITCOIN, I believe that would have a higher probability of success to be in profit within FIVE YEARS than actually starting a business.

It's laughable because it's TRUE.

It totally depends on the nature of the loan and the interest rate ,also when the person is expected to pay back however to me it may not totally be a good idea . Given the duration of time you mentioned, 5yrs to me looks more like the person is going into short term investment and the guarantee that bitcoin investment will be in good profits within this speculated time may not be there. we can take loan to invest in bitcoin given that we are expecting money from another source to pay back and not from the expected profit that the accumulated bitcoin will yield.