Bitcoin Forum

I have been making some test runs about Bitcoins investment trading and finally got it Worth investing in but I am pretty hardworking but a dime penny earner who has developed efforts to take advantage in the Bitcoin industry but the price of Bitcoin to my period of time of investing seems too high for me and I can't afford to make and exchange of my local fiat currency which is extremely too low comparing to the USD if I must atleast buy some fractions of the Bitcoin.
Imagine where my fiats exchange rate of USD is $1= #1,180 and I makes an approximate profits of #47,200 equivalent to $40 in a monthly basis from my little fibres businesses which has to pay my bills of some essential expenses.

In couple of times now, I have been chasing all sorts of jobs til I was called upon (employed) in a security personnel recruitment which my employment/ offer letter was handed to us the security crew personells on the 29-11-2023.
While in a conference orientation seminar with the CEO, I suggested to the management committee if they can pay those who are interested to be paid in Bitcoin.
The community was wondered and asked what I think Bitcoin is all about?
Then I answered that Bitcoin is an platform that one can make payments of purchase of an exchange or a means to receive payments of diverses of transactions such as payment after work done like we are as your employees.

I was also ask, why do you chooses Bitcoin means of payments?
Then I also answered that our national economy is not safe enough considering the services exchange of our fiat that is devaluing whereas we earns big at our endivoirs but can't afford tangible service with the exchange of goods and services with the fiat.
Hence, most benefits of my thoughts about earning my pays in Bitcoin is that it is an assets that offers potnetials of increments (profits which the banks (fiat) doesn't offer. So with that, it is other means of making profits.

Besides... This is a rota nature of job where there is no necessity to spend money at any cost since we will be stationed at a spot for a whole two weeks and welfares are under the care of the company.
With that itself, we could make more money if paid in Bitcoin.
After much, the CEO was speechless and my single-handed opinion was able to convince everyone else which got the management to let the floor opened for chorus decision.
Everyone supported my motion because including those who are not knowledgeable about Bitcoin but requester if some basic educational program can be hold for them to attain the knowledge and do with it since interests has been insighted and developed.
The company is actually a constant organisation and has put the opinion to considerations and of approved, then they would offers some clues of Bitcoin classes to help everyone of the goals.

Intentionally, I came up with this option because, that is the only way I could purchase and fulfill my dreams of becoming one of the Bitcoin investors because it is unbearable for me to exchange my huge amount of fiat and get a little pretty amount of ISF to purchase my Bitcoin. I have also insighted that I would let my monthly salary sleep off in my Bitcoin trading journey for a long period of while and while I am on my vacation, I can still forge ahead dealing with my diverses of my earnings til my accumulated Bitcoin value is appreciated to an appreciatable amount that is not going to be certain but all to make it a big profitable.

Here is my offer letter from the company.
https://i.ibb.co/HnCMnnd/IMG-20231208-111757-137.jpg (https://ibb.co/gzdXzzV)
https://i.ibb.co/KNW5nkj/IMG-20231208-111931-64.jpg (https://ibb.co/k3XGZfg)
https://i.ibb.co/Gnrp0C5/IMG-20231208-111838-356.jpg (https://ibb.co/JmStKrs)

And there upstanding is me making my presentation about paying us in Bitcoin
https://i.ibb.co/c2JKf7j/IMG-20231129-133649-310.jpg (https://ibb.co/NWxgDHM)
https://i.ibb.co/qJJ1j1t/IMG-20231129-133658-33.jpg (https://ibb.co/TWWh2hV)

This is not an alternate aurce of investing in Bitcoin, it is demanding that one source of your income comes directly in Bitcoin so you are not burdened with having to convert back and forth from fiat to btc once you receive a payment.
Here on the forum signature campaigns pay in bitcoin and I would not term it an alternate way to invest.

You should also educate the executives about transaction Costa and ways to make transactions cheaper to do through lightening Network and consolidating inputs.

Thank you maybe preferably to say an " Alternative source to funds and accumulating more of Bitcoins to my Bitcoin investment goals since the price has gone scarily high"

We cannot be ever confident in stopping any related complicated challenges about bitcoin for making payments or it relevant use and value, instead we can choose to only make our own Investment and leave and there's nothing more we can do about it than that, we can exper any level with bitcoin for no base on the market volatility and that is not going to be the last thing to discover about it, bitcoin has always been unpredictable and volatile irrespective of the time or season we are investing in it.

Alternate gives the impression that it's a different source of income, but it doesn't apply to your story. This is the exact same source of income just being received through a different payment channel.

I don't understand what you mean on the bold sentence. Bitcoin is not a platform but a digital currency that was created to be an alternative payment method to fiat, it uses p2p payment system, that is it doesn't need an third party to carry out transactions for you. You should understand that those your co-workers don't understand what bitcoin is and you failed to explain about the risk of holding bitcoin. You are misleading them by not telling the fact and whatever happens to their bitcoin, you will be held responsible. I don't also think that you told them about the best wallet for them to use as noncustodial wallets. Bitcoin price is pumping now because we are close to the halving and the hope that SEC will approve bitcoin ETF by January. After the bull run bitcoin will dip. It is only when you invest in a long term investment that you have lowered the risk in bitcoin investment.
Don't leave your bitcoin in an exchange. Not your keys not your coins.

Before you invest in Bitcoin you have to understand it from the basic knowledge so that when someone asks you can be able to explain what is Bitcoin for the person's interest. But from what read in your story or explanation of Bitcoin is wrong so I advise you to go and correct that mistake in the thread and also tell the person again that you did a mistake while explaining the meaning of Bitcoin.

The way you spend your fiat currency is the same way Bitcoin is also spend but it is in internet because there is no hardcopy of Bitcoin but all softcopy which can be transmit from one person to another. I know that it is a mistake and you can correct it. Most of us have made it so it is not a big deal to correct. And from the naira sign you used, I believed that you are a Nigerian.

This is an opinion from an investment perspective. If you are consistent with the context of the question, then your fiat is still viable, right?

How is that possible? You mean equivalently in fiat you get more bitcoin because you don't need living expenses for 2 weeks, not because you chose bitcoin?

OP, here you are talking about two things: bitcoin investment and bitcoin trading. You are not being specific. The Bitcoin investment requirement is that you will buy from an exchange and hold in your cold storage till any time you are ready to sell off and take your profit, while trading Bitcoin is if you are going to be trading either on leverage or buying low and selling high for a short-term profit.

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Coupled with your fiber-self-employed business, whose profit you are to use for your bill payment, you will definitely be able to hold the Bitcoin payment you will be receiving from your salary. It's not a bad decision, but something seems strange. You mean, every one of the workers there agreed to accept the Bitcoin payment because you proposed it? If that's true, then it might be easier for the company to employ your idea. But I doubt that all the employees will agree. The reason is that everyone has different budgets and not all of them have businesses like you do, so it will be difficult for them to be able to hold their salary paid in Bitcoin. They will definitely also undergo the stress of converting to fiat.

To everyone who is participating in contributing to this thread, thank you all the truth is that I am new hewr and hope to advance my knowledge. The aim for this thread and the reason of my opinion it to take part in the Bitcoin industry so hopefully, I don't stand to be an expert but a beginner. There was also no much of time given that I could go in details about the little knowledges I ahve acquired about Bitcoin that is why I didn't hit about it he potential flexibilities of losts in the Bitcoin. Moreover, the organization is yet to put it in considerations and if approved, they would set upon a seminar that is to educate everyone more better about Bitcoin. That really sounds like an advancious advantages to be gained while working with this company.
I look forth to bring more members to participate in this forum soonest. All I know is good luck to me and to my colleagues.

I sent you 4 merits and I hope they help you, but what you are asking about is a way to achieve additional income, and therefore the solutions offered differ depending on what you can do and your skills. If you have the ability to translate, program, join signature campaigns, freelance work, or any means through which you can earn money, then we can increase Your income and increase the possibility of getting more Bitcoin.

I duly appreciates your efforts and encouragements including your endivoirs of showing me the way to reaching my goals of increasing my income through my devoted desires in the Bitcoin innovated technology of financial transactions and assertive assets of making incomes.
I am mean on this race and must utilize every shows of credibilities that is to catapult me to the points of my great views.
Thank you @hugeblack

now You have to lock this topic, ask yourself what skills you can do and then start the learning journey. The faster you learn the words, the better the chance of catching the ATH for this bitcoin 4-year CYCLE.

One alternative to investing directly in Bitcoin is to invest in a cryptocurrency exchange-traded fund (ETF). These funds hold a variety of assets, including Bitcoin and other cryptocurrencies. ETFs can be a good option for investors who want exposure to the cryptocurrency market without having to buy and store the actual coins. Another alternative is to invest in companies that are involved in the cryptocurrency industry, such as those that provide mining services or blockchain technology. Or you could invest in related assets such as stocks, real estate, or commodities. These assets can also be affected by market cycles, but they may not be as closely tied to the price of Bitcoin.....


There are several reasons why these alternatives may be attractive for investors. First, ETFs can offer diversification, which means that your investment is not as dependent on the performance of a single asset. They can also be more liquid, meaning that you can sell your shares more easily if you need to. Second, by investing in companies involved in the cryptocurrency industry, you are not directly investing in a volatile asset like Bitcoin, but you are still able to benefit from the growth of the industry. And third, other assets like stocks, real estate, and commodities can provide a more stable investment opportunity and potentially lower risk than investing directly in Bitcoin....

That was a brave step you took out there. The idea of been paid in Bitcoin isn't in most cases open to some companies as they feel the need to leave out their finances from the digital cryptic framework.

They still believe the space is yet to be properly regulated but I think they are old fashioned.

You may have taken the scales off their eyes in just one meeting. Everyone needs to be a part of the global adoption at all levels even though you had targeted it as an alternative source to invest in Bitcoin

Probably what @AVE5 meant is that when we get paid in bitcoin, the price of bitcoin goes up in value the next day so technically you're making more money but the opposite can be true too, you can get paid less all of a sudden when the price goes down.