There is a good practice of trying to save/invest around 10% or perhaps even more for the future, yet there are so many folks who have fallen out of such a habit since for 15 years or more interest rates for savings accounts have continued to come down, and there have frequently been dynamics worse in some countries as compared with other countries in which currencies don't hold value so there are incentives to spend it - especially since there is no place to put it, especially if we are talking about only around 10% or so of the income..
Let me start with bitcoin has provided solutions to so many problems seriously in the past there is this dilemma of where should one put his savings into, 10% is very little to start a business with and even if there is substantial amount for that, the problem of having time to run that business is also there. Then aside business people then think of which asset to put the money into and if in the future the asset will grow in value. After some of these analysis most people simply go for the idea of saving in their local currencies and at the end of the day inflation eat it’s up.
With bitcoin there is no looking for any currency that will face inflation or any asset that has potential. With bitcoin you don’t even have to start thinking of how to run the business, you simply just securely hold it for as long as yiy want, but yet newbies are still doubtful. For me I think the biggest hurdle around been profitable in bitcoin is actually making sacrifices and this is squeezing out savings to put into it and holding for long
The matter is not so simple. Sure there are risks in investing into a business and running it, yet I would think that the idea of investing into your own business as compared with working for someone else is so that you might be able to leverage your labor in such a way that you are able to increase your cashflow to be higher than it would be if you were working for someone else.
Sometimes people invest into a business and they do not increase their cashflow because the business is not generating enough income in order that they can make enough income so that they can buy bitcoin, for example. These ar not easy choices that guys will have since anyone planning to invest into bitcoin still needs some kind of income in order to be able to invest into bitcoin and/or not to have to cash out of their bitcoin at a time that is not of their convenience, since they are likely investing into bitcoin to build their bitcoin and to get their bitcoin stash to a high enough size. so that later down the road they might be able to start to live off of their bitcoin stash.
You're absolutely correct with your perspective about the potential rewards and risks attached to Investing in someone else's business versus investing your own business. When entrepreneurs choose to leverage their labour, they automatically put themselves in a much better position to potentially increase their cashflow far beyond what they would've initially earned as employees. Although, just as you've rightly pointed out, this isn't always a guarantee because there are business that may have to struggle and would require more in order to generate sufficient income, which at that time may appear that it would've been better if you didn't have to go through all that as an employee but still got to receive your wages.
Having a stable income stream(s) can be exceptionally helpful to those investors who actually wish to invest in assets like Bitcoin, because that's the only way to ensure a stable discretionary income and also avoid one from being forced to tap into their investment when certain emergencies arise or in certain unfavourable times. It requires a lot of patience, financial stability as well as a well thought out strategy to be able to achieve one's financial goals (not get started though) as a Bitcoin investor.
Ultimately, whether one chooses to invest in Bitcoin or it's a business, it's always crucial to always understand the potential risks and rewards associated with that investment, set clear financial goals and develop a unique risk management strategy that'll help you achieve lasting success in your endeavour. And by carefully putting these factors into adequate consideration, individuals put themselves in a better position to make more informed decisions about investing in their Business and potentially using the profits to invest and build their Bitcoin portfolio.