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Author Topic: What should I choose  (Read 13753 times)
zeingrind777
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November 11, 2018, 01:23:00 AM
 #1

Hi guys, I just graduated from college and wanted to have a better income but didn't know what to do. I want to find a solution to get around this situation. There are just friends who invite businesses to provide income, and there are also those who invite to invest in cryptocurrencies. If you are in my position and faced with these 2 choices, which one will you choose:
1. Invest in cryptocurrencies
2. Opening a real business

Give me the reason why you choose between the one above

regards

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November 11, 2018, 11:25:57 AM
 #2

Hi guys, I just graduated from college and wanted to have a better income but didn't know what to do. I want to find a solution to get around this situation. There are just friends who invite businesses to provide income, and there are also those who invite to invest in cryptocurrencies. If you are in my position and faced with these 2 choices, which one will you choose:
1. Invest in cryptocurrencies
2. Opening a real business

Give me the reason why you choose between the one above

regards

You should try opening a good business for yourself and try to make out of it as your precious business that you would take care because you might end up regretting not investing in crypto.

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November 11, 2018, 12:20:56 PM
 #3

Both options aren't suitable if you're looking for better income. You should look for a job instead. Your question sounds like you have a lot of spare money and don't know what to do with it. Opening a business might give you a stable income after a few years of running it successfully. The early phase of business will cost you a lot of money for initial capital and don't expect to make a profit in those days. Investing in cryptocurrency is definitely not the right choice if you're looking for income. If you're looking to make money from "investment" then you should buy income stock or fixed-income security. What most people look after when investing in crypto is huge capital gain, which also comes with huge risk by the way.

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November 11, 2018, 12:31:27 PM
 #4

What about opening a business and accepting bitcoin as payment?  Cool

How much capital you got? Do you have any experience about the business you are willing to start?

If you had the experience, you wouldn't ask. Crypto can go higher, lower, sideways... A good business (must be a good one and to make it good, you gotta know what you are doing. to know what you are doing, you need experience) can last years and always makes money and keeps you busy as well. You don't wanna stare at your monitor the whole day, or do you? Personally I don't care as long as I make money but the problem here is, I don't.  Cool
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November 11, 2018, 12:39:22 PM
 #5

Why not just have them both? there's no problem if you'll get into crpto's and I guess you have experience since you're already a full member rank here in the forum with high activity.

As for opening a business, don't open a business if you are ready. It's not for those people that aren't willing to sacrifice their time, money and don't have patience. Establishing a business requires a lot of things not only about the money but also being the one that will handle your own business.

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November 11, 2018, 12:56:02 PM
 #6

Open a business you are knowledgeable and familiar with. Under the current climate investing in concurrency and hoping their value increases is very risky. At the very least, with a business you get to control a lot of variables and you can take decisions that are beneficial to your self. buying and holding concurrency as a main source of income is lazy and will lead to ruin unless you are extremely lucky.


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November 11, 2018, 12:59:02 PM
 #7

Why not just have them both? there's no problem if you'll get into crpto's and I guess you have experience since you're already a full member rank here in the forum with high activity.

As for opening a business, don't open a business if you are ready. It's not for those people that aren't willing to sacrifice their time, money and don't have patience. Establishing a business requires a lot of things not only about the money but also being the one that will handle your own business.

Agree! You can choose both. Try separating a small portion of your capital to invest in cryptocurrency. Then the rest of the capital to you build your own business. For the cryptocurrency investment, try choosing promising coins for better profit. Take note, cryptocurrency is a matter of due diligence.
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November 11, 2018, 01:00:56 PM
 #8

You should choose what you want to do and choose the thing that you love to do like if you want doing trading or businesses you should try to invest in cryptocurrency. However, if are you in financing you should choose business. Both of them are good when it come in making income but I think if you do not like you the thing that you choose you will probably lose huge amount of money.




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November 11, 2018, 01:04:35 PM
Merited by The Pharmacist (1)
 #9

Hi guys, I just graduated from college and wanted to have a better income but didn't know what to do. I want to find a solution to get around this situation. There are just friends who invite businesses to provide income, and there are also those who invite to invest in cryptocurrencies. If you are in my position and faced with these 2 choices, which one will you choose:
1. Invest in cryptocurrencies
2. Opening a real business

Give me the reason why you choose between the one above

regards

Let me ask you something.
Do you have student debt?If yes,starting a business is the worst thing to do.No bank will give you a loan,if you already have student debt.
Anyway,you are about to make a life-changing decision,and you ask bitcointalk forum members for advise.This doesn't look serious to me.Just do whatever you want to do.If you fail,you gain experience.If you succeed,that's awesome.

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November 11, 2018, 01:14:55 PM
 #10

Decide for yourself what you yourself stronger and there and there need knowledge

If a business is stable, it is firmly on its feet, and brings a good income, this is a good investment.

Cryptocurrency is now at the bottom, and no one knows how much it will wake up there, but everyone believes in its growth. But in reality, how it will behave is a question.

In cryptocurrency you need to invest as much money as you are willing to lose.

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November 11, 2018, 01:15:51 PM
 #11

Hi guys, I just graduated from college and wanted to have a better income but didn't know what to do. I want to find a solution to get around this situation. There are just friends who invite businesses to provide income, and there are also those who invite to invest in cryptocurrencies. If you are in my position and faced with these 2 choices, which one will you choose:
1. Invest in cryptocurrencies
2. Opening a real business

Give me the reason why you choose between the one above

regards
Well I will choose both to invest in crypto and invest to business it's up to us Howard to manage it and the strategy how to make this investment grow. We are the one will do everything to make it happen and have a successful life with crypto and businesses.

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November 11, 2018, 01:20:33 PM
 #12

I hope you should choose both, for example you have a capital of $ 10,000 you can for 1/4 to investment in cryptocurrency where you know luck is on your side when the price of crypto rises, and the rest of your capital you can use for real business.
well if you really have to choose one of the good business.

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November 11, 2018, 01:22:50 PM
 #13


You should try opening a good business for yourself and try to make out of it as your precious business that you would take care because you might end up regretting not investing in crypto.
Yes, I will regret if the assets I don't have will increase the price. But I can also regret if I invest in crypto and the assets I have will fall.

Why not just have them both? there's no problem if you'll get into crpto's and I guess you have experience since you're already a full member rank here in the forum with high activity.

As for opening a business, don't open a business if you are ready. It's not for those people that aren't willing to sacrifice their time, money and don't have patience. Establishing a business requires a lot of things not only about the money but also being the one that will handle your own business.
If I take both, I don't have enough time. You know that business requires capital and time sacrifice. I can't keep looking at the screen to see price charts on the crypto exchange

What about opening a business and accepting bitcoin as payment?  Cool

How much capital you got? Do you have any experience about the business you are willing to start?

If you had the experience, you wouldn't ask. Crypto can go higher, lower, sideways... A good business (must be a good one and to make it good, you gotta know what you are doing. to know what you are doing, you need experience) can last years and always makes money and keeps you busy as well. You don't wanna stare at your monitor the whole day, or do you? Personally I don't care as long as I make money but the problem here is, I don't.  Cool
I have a capital of 3500 USD. Open a business and receive crypto as a payment for a good idea. But the problem is, in my country, the financial authority prohibits every merchant and company from receiving crypto as payment. That's illegal. In my country, crypto is only allowed as a commodity asset and not as a purchase transaction tool.

Both options aren't suitable if you're looking for better income. You should look for a job instead. Your question sounds like you have a lot of spare money and don't know what to do with it. Opening a business might give you a stable income after a few years of running it successfully. The early phase of business will cost you a lot of money for initial capital and don't expect to make a profit in those days. Investing in cryptocurrency is definitely not the right choice if you're looking for income. If you're looking to make money from "investment" then you should buy income stock or fixed-income security. What most people look after when investing in crypto is huge capital gain, which also comes with huge risk by the way.
Thank you, friend. I will think about it again for a job.

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November 11, 2018, 01:44:11 PM
 #14

Hi guys, I just graduated from college and wanted to have a better income but didn't know what to do. I want to find a solution to get around this situation. There are just friends who invite businesses to provide income, and there are also those who invite to invest in cryptocurrencies. If you are in my position and faced with these 2 choices, which one will you choose:
1. Invest in cryptocurrencies
2. Opening a real business

Give me the reason why you choose between the one above

regards
In my opinion, First of all, you should learn and invest in cryptocurrency and then when you gain enough experience, you can think about opening a real business later.
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November 11, 2018, 01:51:20 PM
 #15

Hi guys, I just graduated from college and wanted to have a better income but didn't know what to do. I want to find a solution to get around this situation. There are just friends who invite businesses to provide income, and there are also those who invite to invest in cryptocurrencies. If you are in my position and faced with these 2 choices, which one will you choose:
1. Invest in cryptocurrencies
2. Opening a real business

Give me the reason why you choose between the one above

regards
If you do not want to delve into the situation and work hard, but take the risk and make a profit, then the choice is cryptocurrency. But if you are ready to work hard every day and wait, then choose a less risky option - a real business.

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November 11, 2018, 02:04:03 PM
 #16

But the problem is, in my country, the financial authority prohibits every merchant and company from receiving crypto as payment. That's illegal. In my country, crypto is only allowed as a commodity asset and not as a purchase transaction tool.
Well that unfortunately rules out a lot of options as far as opening a business that accepts bitcoin.

What was your major in college, if you don't mind my asking?  What did you study?

The two things you mentioned as possibilities (starting a business and/or trading crypto) are both extremely risky.  Don't know what country you're in, but in the US I believe most new businesses fail.  The big corporations can offer products and services at much lower prices than a small business can, and big companies have eliminated a lot of their competition because of that.  Depending on what you studied, you might want to seek out a job first and get some real-life experience in the workplace before starting your own company.  We've all seen geniuses like Mark Zuckerberg and Bill Gates establish extremely successful companies right out of the gate, but those instances are rare.

As far as crypto trading/investing goes, you could do that with the capital you have if you find a job that pays your living expenses.  Jumping into that now is way too risky IMO, and I have a feeling the ICO market is going to come crashing down to the ground--and sooner rather than later.  Investing in bitcoin might not be a bad idea, but you'd still be taking a huge risk.

Good luck on whatever you decide.

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November 11, 2018, 02:15:35 PM
 #17

Hi guys, I just graduated from college and wanted to have a better income but didn't know what to do. I want to find a solution to get around this situation. There are just friends who invite businesses to provide income, and there are also those who invite to invest in cryptocurrencies. If you are in my position and faced with these 2 choices, which one will you choose:
1. Invest in cryptocurrencies
2. Opening a real business

Give me the reason why you choose between the one above

regards

If you are living in a big city and can afford opening a small cafe in the center or in a close vicinity of, or, maybe, at the airport, or near the central station, I would advise you to do it and accept established cryptocurrencies as payment. But you should know what you are doing. You should serve the best coffee in town and also the best snacks imaginable. Also the interior should be minimalistic but neat at the same time. Accepting cryptos is a good plus, but not enough in itself to attract visitors.

And if you don't have money for that, don't invest in any business at all, but rather invest in your further learning, as some posters above have suggested.

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November 11, 2018, 02:34:49 PM
 #18

Cryptocurrency investments are good for people with already stable source of income. Why is that so? Simply because cryptocurrency is a high-risk investment; though may offer high profit. As for starters, invest only what you can afford to lose. You need to study the market well before investing. The marketis not always bullish market. Especially now, almost one year of bearish market. How can you make earning if this is the case?


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November 11, 2018, 02:51:19 PM
 #19

Hi guys, I just graduated from college and wanted to have a better income but didn't know what to do. I want to find a solution to get around this situation. There are just friends who invite businesses to provide income, and there are also those who invite to invest in cryptocurrencies. If you are in my position and faced with these 2 choices, which one will you choose:
1. Invest in cryptocurrencies
2. Opening a real business

Give me the reason why you choose between the one above

regards
I will choose option 2 Opening a real business. Going by what you just said i quote "Opening a real business" nothing is more likely to profit than the real business especially investment into the real business. The most profiting business this day is the real business than the virtual business called cryptocurrency were loses are inevitable.

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November 11, 2018, 03:09:16 PM
 #20

Hi guys, I just graduated from college and wanted to have a better income but didn't know what to do. I want to find a solution to get around this situation. There are just friends who invite businesses to provide income, and there are also those who invite to invest in cryptocurrencies. If you are in my position and faced with these 2 choices, which one will you choose:
1. Invest in cryptocurrencies
2. Opening a real business

Give me the reason why you choose between the one above

regards
I will choose option 2 Opening a real business. Going by what you just said i quote "Opening a real business" nothing is more likely to profit than the real business especially investment into the real business. The most profiting business this day is the real business than the virtual business called cryptocurrency were loses are inevitable.

   We have different opinion on the above topic question, but my one cent opinion... I will go for option number one (1), often time newly graduate from university have some problem finding Job equivalent to his/her degree acquired, i will make use of the time learning the in's and out of the Crypto market the make a sound decision for my chosen coin as posted in the market. Putting up real business or opining it up for a start have the same degree of Risk as to crypto with delayed ROI. Time is gold.

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