Bitcoin Investment against inflation

[peter0425]

At the time of investment the price of bitcoin was found to be $12000. Now the business have been extended with four more branches in Ontario Canada. Planning for another 20-25 branches within 2022.

Long-term hold like that definitely requires confidence and a solid decision. especially when in large capital. and may also be the goal for long-term investment. if to be safe from inflation it seems quite strange because the volatile price in bitcoin can be much worse than inflation itself.

Actually that was not long term to be considered as semi long term as they only keep the currency for short term and converted back to fiat to invest in new branches of their restaurant .

though i love the Idea of keeping the holding for your funds and risking it without any assurance like in volatile market as crypto.

they done perfect timing and now they are benefiting from that risks.

[herurist]

when they say that there are so many people who panic so that they sell their assets here, they must be new people and indeed just joining in on this path, it is very clear when bitcoin is experiencing a correction they are very panicked and sell their assets even at a loss.
I personally don't really care about people who really don't believe in the future of bitcoin because that is their choice. but on the other hand don't stop me from being here because this is my choice.

If we don't study Bitcoin well, of course we will not understand how Bitcoin works and will panic if we see a market crash. Even though Bitcoin
can always recover if it experiences a price decline, so only people who are patient and don't panic when the Bitcoin price falls, including people
who will be lucky in the future. We really shouldn't be easily influenced by other people, we have to believe in our own choices. Because
we ourselves know what is best for us, so if we think Bitcoin is a good investment choice, feel free to keep collecting as many Bitcoins as
possible. Moreover, the price of Bitcoin has now dropped below $40k, this becomes a good opportunity to buy more Bitcoin.

What's worrying right now is that there are many beginners who still don't know anything and are still following people, whether old investors or YouTubers who always provide updates about this, which makes their panic grow.
learning is the most important thing but besides that there are several other factors, namely don't believe what people say and maybe when you are on a path like this, don't look at the market too often because we are talking about the long term, not for a week or a month.

[kinderfad]

Bitcoin is good both as an investment and a means of payment, especially in the current financial situation.

[Sanitough]

Bitcoin is good both as an investment and a means of payment, especially in the current financial situation.

Indeed. But only few people have realized this since they all believe in fiat which is now heavily affected with the rising inflation. But what the owner has did through putting bitcoin atm machine in all of his branches is definitely a good strategy that will open the minds of people that bitcoin is a good alternative to fiat that can hedge inflation and can save your own economy from collapsing. Because bitcoin itself is deflationary, so we can expect that it will surely beat the inflation that we are facing right now.

[tippytoes]

Bitcoin is good both as an investment and a means of payment, especially in the current financial situation.

Indeed. But only few people have realized this since they all believe in fiat which is now heavily affected with the rising inflation. But what the owner has did through putting bitcoin atm machine in all of his branches is definitely a good strategy that will open the minds of people that bitcoin is a good alternative to fiat that can hedge inflation and can save your own economy from collapsing. Because bitcoin itself is deflationary, so we can expect that it will surely beat the inflation that we are facing right now.

The restaurant owner got lucky as he invested on btc at a lower price. But if he bought at peak like for example in the 60k level, of course, the story will be different. But it is good that he saw the potential of btc and bought it. As many businesses are shutting down, his is about to expand. So this story is an inspirational one and we can attribute it to btc's price volatility. A lot of people are not comfortable investing in btc because of this aspect. But if you know how to get around, you can very well be compensated.

[BitcoinAccepted]

This is a very inspiring story, a story of how believing in the potential of Bitcoin has presented an opportunity that could bridge even the economic challenges brought by the pandemic. I am glad to know that the restaurant owner has now been embracing Bitcoin on his utmost power, like the provision of Bitcoin ATM in all of his restaurant branches. I hope that this could be a way for the people of Canada, and even the establishments to recognize the power of crypto and to start trying to adapt, especially that there has been some issues going around about the banks rejecting of blocking crypto transactions.

[Dhaniii]

This is a very inspiring story, a story of how believing in the potential of Bitcoin has presented an opportunity that could bridge even the economic challenges brought by the pandemic. I am glad to know that the restaurant owner has now been embracing Bitcoin on his utmost power, like the provision of Bitcoin ATM in all of his restaurant branches. I hope that this could be a way for the people of Canada, and even the establishments to recognize the power of crypto and to start trying to adapt, especially that there has been some issues going around about the banks rejecting of blocking crypto transactions.

bitcoin has a strong power in dealing with inflation in a country. bitcoin has a different movement with some fiat currencies which are the benchmark for world inflation. when inflation increases, the price of bitcoin goes up, so our investment is always safe to invest.

[Botnake]

This is a very inspiring story, a story of how believing in the potential of Bitcoin has presented an opportunity that could bridge even the economic challenges brought by the pandemic. I am glad to know that the restaurant owner has now been embracing Bitcoin on his utmost power, like the provision of Bitcoin ATM in all of his restaurant branches. I hope that this could be a way for the people of Canada, and even the establishments to recognize the power of crypto and to start trying to adapt, especially that there has been some issues going around about the banks rejecting of blocking crypto transactions.

This a good proof that investing in bitcoin is always a brilliant move to double or triple your profits. And with the owner's faith in bitcoin, he managed to make his restaurant becomes more progressive that led to adding more branches to it. And its definitely another wise idea to install bitcoin atm machine in each branch as people will be more expose to it and start embracing it as a currency that can hedge inflation. If all the people around will be aware of his own story, this will pave way to widen the acceptance and adoption of crypto that will be the best solution to fight with the endless rising inflation.

[Reatim]

At the time of investment the price of bitcoin was found to be $12000. Now the business have been extended with four more branches in Ontario Canada. Planning for another 20-25 branches within 2022.

Long-term hold like that definitely requires confidence and a solid decision. especially when in large capital. and may also be the goal for long-term investment. if to be safe from inflation it seems quite strange because the volatile price in bitcoin can be much worse than inflation itself.

i think they developed that confidence from their long observation from this market and also their Owner/bosses knows how to risk and earn and that is how Bitcoin and  most crypto become profitable and worth trusting.
now that this business shows success? I'm sure many in his same line of business that will consider acting like that.
and they may invest part of their income each month in crypto less risky that what the owner of this did in the last year investing.
they may late in profiting but worth a wait like this one.

[I p u l]

Investing in bitcoin is good choice when it bullran, but when it bearish moment, we have to avoid the market until it is reversal

[LUCKMCFLY]

Investing in bitcoin is good choice when it bullran, but when it bearish moment, we have to avoid the market until it is reversal

In fact, investing when the price is low is the best thing to do, because it is interpreted as buying cheap, it is always good to buy cheap to sell high, and when it comes to BTC vs Inflation, I think it is much more profitable to have BTC in the Today than the same GOLD, since gold can represent a good investment as long as it is owned a lot, and is accepted worldwide, but the price of BTC in a possible situation in the face of high inflation, even so if the BTC is low, it is superior to the inflationary economy. If not, you can ask a Venezuelan, an Argentine who has 1 BTC to see if his investment has fallen since he bought.

[decodx]

Investing in bitcoin is good choice when it bullran, but when it bearish moment, we have to avoid the market until it is reversal

In fact, investing when the price is low is the best thing to do, because it is interpreted as buying cheap, it is always good to buy cheap to sell high, and when it comes to BTC vs Inflation, I think it is much more profitable to have BTC in the Today than the same GOLD, since gold can represent a good investment as long as it is owned a lot, and is accepted worldwide, but the price of BTC in a possible situation in the face of high inflation, even so if the BTC is low, it is superior to the inflationary economy. If not, you can ask a Venezuelan, an Argentine who has 1 BTC to see if his investment has fallen since he bought.

Yeah, I agree. Cryptocurrencies are a new asset class, and are not going to go away, and it is important to realize that there are a lot of double-counting and foolish speculation going on and I hope this makes people more rational when they invest in this asset class. We may have gold coming back in the future, but I do not think that Bitcoin is going anywhere and I think it will be around for a long time to come. So, when the price of BTC is falling, which is often these days, if you are a trader, you should buy on the drop and sell on the rise, and if you are a hodler, hang on for the long-run.

[Japinat]

If all the people around will be aware of his own story, this will pave way to widen the acceptance and adoption of crypto that will be the best solution to fight with the endless rising inflation.

Yes, that is true. And I hope that while it is being accepted and adopted, it is also being studied as well. Because investing alone won’t be enough to make it grow and become successful. An investor must also know how to play and make moves in the market, when and ho much should be risked or kept in particular circumstances.

I think before you decide to invest in crypto or in all types of investment, you must have good knowledge about it so you can make it grow. It would be useless if you only invest without setting a goal to be achieve.

However, investing in crypto, or bitcoin, will definitely hedge against inflation. Hopefully, this great story will open our eyes that bitcoin is the perfect investment right now so we can regain the growth of our economic condition and that we will not always struggle from the negative effects that this pandemic has brought to us.

[Dhaniii]

If all the people around will be aware of his own story, this will pave way to widen the acceptance and adoption of crypto that will be the best solution to fight with the endless rising inflation.

Yes, that is true. And I hope that while it is being accepted and adopted, it is also being studied as well. Because investing alone won’t be enough to make it grow and become successful. An investor must also know how to play and make moves in the market, when and ho much should be risked or kept in particular circumstances.

I think before you decide to invest in crypto or in all types of investment, you must have good knowledge about it so you can make it grow. It would be useless if you only invest without setting a goal to be achieve.

However, investing in crypto, or bitcoin, will definitely hedge against inflation. Hopefully, this great story will open our eyes that bitcoin is the perfect investment right now so we can regain the growth of our economic condition and that we will not always struggle from the negative effects that this pandemic has brought to us.

Many people experience stress when inflation occurs in a country. especially for those who cannot control their finances when they are rich and only realize when their difficulties occur. investing in bitcoin is one of the supporting factors in helping fight inflation and a very powerful way for now.

[TheUltraElite]

Investing in bitcoin is good choice when it bullran, but when it bearish moment, we have to avoid the market until it is reversal

Do you buy when the sale starts or when the prices are high?

When the market price rises you are going to spend more to get less BTC.
When the market price drops you spend less to get more BTC.

If your objective is to get more BTC per USD/fiat, ask yourself when you should buy. Unless you can answer this question, do not trade at all.

bitcoin has a strong power in dealing with inflation in a country. bitcoin has a different movement with some fiat currencies which are the benchmark for world inflation. when inflation increases, the price of bitcoin goes up, so our investment is always safe to invest.

Bitcoin's system of minting is deflationary and that is an advantage over an inflationary currency. But one cannot exist without the other, you can spend your bitcoins in any country you wish to due to lack of the machinery needed to accept it as payment. When you are selling BTC for fiat so you can spend it, inflation will hit you. In other words, you cannot escape inflation by investing in bitcoin, just like taxation.

[franky1]

alot of people think that bitcoin is a bad investment because of the dips.

however if you buy a brand new car. and want to sell it the next week. you are not going to get the new car price. you are going to have to sell it for less.
if you buy a house at market rate, but want to sell it within a month. where you cant wait around for market rate to give you profit, nor wait for a fair offer, again you end up selling for less.

heck even the 'cash for gold' businesses rip people off by under valuing gold when people need money same day.
but you can limit your short term loss/break-even buy first not buying bitcoin at a premium.

what people need to do is stop looking at just the market rate.

instead look at the value window of bitcoin
(call it $30k-$70k the last couple months)
(call it $34k-$83k at this point of writing)
 and THEN look at the price within this window. if the price is near the cheap value. then you know its good time to buy. if its near the top premium then its bad time to buy

many people know this by avoiding buying christmas gifts mid december where everything is a premium. and instead buy early on black friday or buy late in the january sales.

some peoples issue with bitcoin is more about the rush to get in and rush to get out. they dont plan their trades. they just react to emotion.
retailers love customers that react to emotion. like seeing a christmas advert. people instantly buy without thinking what time of the year is best to buy. retailers hate customers that wait for the discount sales
..
you cant escape inflation. but you can hedge against it.
imagine bread was $1.50 in 2012. you have $6 on you and btc is $6. but you want to make sure in 10 years you have 4 loaves of bread.

meaning you could choose to:
A) buy 4 loaves of bread in 2012. and freeze them and hope they still taste nice in 10 years..
B) keep $6 and spend it in 10 years
C) buy 1btc for $6 in 2012

then 10 years later
A) the bread has crystallised and gone bad
B) bread is now $2 so you can only buy 3 loaves
C) btc is now $36k meaning you can buy 18,000 loaves of bread, by selling coin for $ then buying bread

C seems better option. even if you cant buy bread direct with btc you are still better off with C compared to A or B

[Distinctin]

-snip-
and this company did the best shot and now they are benefiting to what they had risk , imagine having new branches now? that is the best reason why they need to believe and use crypto .

Those who dare to take risks will be more successful than those who are afraid to take risks in their lives. Learn from a company that invests some of its capital in crypto which is of course very risky but safe from inflation. this is an example, that investing in a smart way will be more profitable. Before an investment is made, doing some research is very important to know whether it is safe or not. Cryptocurrencies have a broad scope and are not affected by inflation.

Some people's fear I think is not the inflation that occurs in cryptocurrencies. but is a volatile market of crypto assets.
studies that have always been opponents of crypto (bitcoin) which always lead to negative values in their use. So far, as a commodity investment asset, I think it's safe. but as a currency, of course, there is a lot of debate.

Some people do not care about inflation but care about the fluctuation in the crypto market. Those who accept the risk will figure out how they can minimize the risk so the impact will not be too big if somehow the market is dropping like today. They will have their time to buy more, not just bitcoin but also altcoin if they think investing in altcoin will give some good returns in the future. Inflation will happen to the country, but in crypto, we will always see the fluctuation many times so I think we will be ready if, somehow, the inflation come to our country.

Indeed, there are some of those people like that and the fact that they're not that worried about the increasing inflation but worried when the crypto market fluctuates and suddenly they will go panic mode but for those who truly had wide understanding on how this market works are quite fortunate because they're the ones who will be successful for taking the risks. Ofcourse, every investment we make do have some risks, it's only up to us on how we handle it to minimize the risks to make it profits.

[Furious 7]

Many people experience stress when inflation occurs in a country. especially for those who cannot control their finances when they are rich and only realize when their difficulties occur. investing in bitcoin is one of the supporting factors in helping fight inflation and a very powerful way for now.

Many people who already know that Bitcoin is an anti-inflation but only a few of them can indeed run and know Bitcoin well.
It proved now. We can see a lot of people who panic and sell their assets when facing a decline like this.
Because now there are so many beginners and the FOMO who only participate here without studying first.

[buwaytress]

Nice story indeed, missed it when it was posted. Personally knwow of two businesses also doing the same, just a year or two before the 2017 rally. Paid of handsomely for both, saved one during the following winter bear... For the other, allowed a huge expansion with al kinds of diversification.

Even  doing so in 2017 would have provided a windfall today. And anyone going in now would be very pleased with where they would be post next halving. Roll on, Bitcoin balance sheet!

[panukurap]

That's an interesting experience story. Bitcoin makes transactions feel easy and fast, even though its value fluctuates, Bitcoin can still be used in several aspects that we ourselves don't really understand. However, this is a sign that Indonesia is starting to be noticed by other countries after a long period of not being exposed.Many of those who are in a condition like this have to take care of their children, this is an obligation, but if you can't afford it, you don't have to do it.