Post
Topic
Board Economics
Re: Don't keep money meant for your business in Bitcoin.
by
AirtelBuzz
on 15/09/2025, 16:08:54 UTC
Some people think that Bitcoin is so good that keeping there business finances or income in Bitcoin is the best idea forgetting that it is very wrong to do that.
As we all know bitcoin is highly volatile in nature and so when you keep your business income or money in Bitcoin it risk you losing some part of your money and also affecting your business because Bitcoin can drop in price at any minute and when that happens the money you kept in Bitcoin will drop in price and since the money is meant for your business the drop of it will affect your business financially and can lead to the fall of your business, money is what they use to run a business when there's no money the business will fall.
So don't keep your business money or income in Bitcoin so has to avoid lost, keep your business money in Fiat currency or a stable coin like USDT.
It may be unwise to keep business money in fiat currency as its value may decrease due to inflation, but it may be useful for conducting our daily business. Moreover, if you are considering storing the money earned from business for a long time, then keeping it in Bitcoin is not a bad idea. But you should keep in mind that no one will consider buying Bitcoin from the capital of an ongoing business, but if you are strategic, it will be easy to invest in Bitcoin with the money earned from the business. In fact, pumping and dumping Bitcoin may avoid excessive risk because you are not investing all the money you earn, which will result in no loss of business money.