A portion of my clothing store's weekly profit is invested in Bitcoin

[Gulttam2a2]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

[1714988407]

1714988407

[1714988407]

1714988407

[1714988407]

1714988407

[1714988407]

1714988407

[1714988407]

1714988407

[tbct_mt2]

Then after browsing many places I realized that I can earn money by investing in Bitcoin.

Invest in Bitcoin looks promising and profitable but you can get profit but can get loss with your investment.

You must aware that investment in Bitcoin is risky and if you are sure that you accept risk, afford to lose your money, welcome you as a Bitcoin investor.

If you decide to do it, do not let your bitcoin on exchanges. You will change to trade and no longer keep it as investment. You will have risk to lose it to exchange because it is their bussiness, not yours and you have no control on your bitcoin.

So I have my weekly I decided to invest in bitcoin from a profit share.

I am not sure where you get profit share from your shop because you revealed that you are struggling to maintain it because of less total income from sales and other costs as well as inflation (?) in your country.

[OgNasty]

If you've ever taken a look at shops in crazy expensive places like the beaches in California and you'll notice something strange.  The real estate prices are so high that many large businesses can't afford to operate their.  However, you also see a lot of Mom and Pop type of shops that have been there forever.  The difference in the ones that got rich vs the shops that failed are whether or not they owned their building.  Shops that purchased their real estate ended up getting rich from valuations, while shops that rented all met the same fate of being priced out of the market.  I could see Bitcoin being the next wave of this phenomenon, where shop owners that held onto some Bitcoin over the years ended up wealthy, while those who didn't were eventually forced to close.

[bitmover]

So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

Why don't you accept bitcoin as a payment?

You can start small, generating a new address for every purchase in a mobile wallet (or even in a hardware wallet) and see how it goes.

I bet some customers will like the idea and you might even get a few extra sells. I don't think lots of people will be buying using bitcoin, but it is a start.

[tbct_mt2]

Why don't you accept bitcoin as a payment?

You can start small, generating a new address for every purchase in a mobile wallet (or even in a hardware wallet) and see how it goes.

I bet some customers will like the idea and you might even get a few extra sells. I don't think lots of people will be buying using bitcoin, but it is a start.

It is one of choices and good idea but three big things must be considered as a small shop.

Value of each product, cloth likely is not too big and it can cause to big percent of transaction fee for on-chain transaction from a customer to a total value of a purchase. It is only affordable for big enough purchase.

The shop operator, OP, must aware that there will be many inputs in his Bitcoin wallet and he must consolidate them when transaction fee is cheap.

OP must have reserve in cash to keep his cloth store running without have to sell bitcoin every week or every month. With reserve, if bitcoin price falls, he can hold it and wait and it is more like his investment. If he don't have reserve for his business, he will have to sell his bitcoin even when price is lower a lot than price he receives it as payment from customer.

[yhiaali3]

The idea of accepting Bitcoin payments may be a good idea, but it is somewhat difficult to implement in practice if people in your area are not familiar with the Bitcoin payment method.

You can try another idea, why don't you issue T-shirts, for example, with the Bitcoin logo on it? It will be an attractive idea on the one hand, and on the other hand, it may help attract the attention of your region to Bitcoin. Perhaps it will be the first clothing store to do this idea.

[ajiz138]

There's nothing wrong with your investment if you think it's good, but in the weekly income from your shop, is there another percentage where in terms of shop rental or other needs that also have to be set aside?

You should also know that investing in bitcoin comes with risks but I think you understand how bitcoin moves in the market and can observe that in each of those weekly buys or closer to DCA.

Why don't you accept bitcoin as a payment?

You can start small, generating a new address for every purchase in a mobile wallet (or even in a hardware wallet) and see how it goes.

I bet some customers will like the idea and you might even get a few extra sells. I don't think lots of people will be buying using bitcoin, but it is a start.

I think the OP is from Bangladesh, isn't that country prohibited for bitcoin, especially in payment transactions at a shop or as another medium of exchange?

[Rruchi man]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

Since business is no longer as good as it used to be and you are already investing a portion of your profit, it will be good to find a way to cut cost in your business so you can have more to invest in bitcoins.

If your shop is big and you know that renewing the rent on the shop will be difficult for you and cut into your investment, you can find another small business owner looking for a small corner in a store to pay rent for, to run their small business. There are beauty shops around me that started up first as just a salon for females, later on, they allowed a Male salon owner to combine with them to have a male salon too, soon after, they allowed a pedicurist and manicurist to join them too, all different businesses operating under one roof and each paying a percentage in the rentage depending on how much space they consume. That is a way for you to get more if your shop is big, you can permit other small businesses that maybe have a linkage to what you do to come under you.

[Dr.Bitcoin_Strange]

Bitcoin investment is a very interesting asset that one can hold because it's not like every other investment where you need to stress so hard for things to get done, like having to give out your information or bank details in order to get the investment deal done. But Bitcoin gives you privacy. Just that, while investing in Bitcoin, you should not invest an amount that causes you some phycological issues when the price becomes so volatile. Whoever is investing in Bitcoin should be prepared to hold onto it for a long time until they make a profit. Just as you are investing your business profit share into Bitcoin, you should only invest what you know that even if you have an emergency at hand, it will not force you to sell off your Bitcoin for a lower price than the amount you bought it for, because that's what most newbies do: they invest so hard and exceed the limit of what they were supposed to invest, and when they are not making profit in the time frame in which they have speculated, it becomes an issue for them. So, while investing, just invest the amount that you can afford to leave for the long term.

Cheers 🥂, Dr.Bitcoin_Strange 👺👺

[Onset]

If your business is kinda struggling, I think there’s equal good and bad no matter the decisions you take.

Buying BTC is fine and great, but consider that money lost. If you were to “lose” all that money instead of investing it, does it still sound like a good idea for your business? How about the future of your financial situation?

It’s a good idea to never keep all eggs in the same basket, but think it very very wisely and thoroughly. You don’t want to spread your eggs in high risk investments I suppose. After all, there has to be at least one safer, more protected egg.

My advice is to take this very seriously and seriously consider your actions. Are you willing to take the risks involved? Because the BTC market isn’t in very strong at the moment and the uncertainty is about at an ATH. And if all you own is a now-uncertain business and BTC during a crypto winter, it’s probably time to think about more opportunities as well.

[CryptSafe]

OP it is nice you invested in bitcoin but you should note that bitcoin is volatile and risky. Therefore do not expect immediate profit from your bitcoin investment as it is not a get rich scheme affairs but holding for a long term would definitely yield you big rewards depending on how fast and high the price goes.

I believe what you invested was your extra proceed
otherwise you spare cash which you would not feel bothered about so that you can not lose focus based on how the market trends goes be it down or up.

[Flexystar]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

I think you should still consider Bitcoin as secondary investment and not the primary one. It's good to know you are investing only some portion from the actual income into the Bitcoin. First get to know Bitcoin, its one crazy horse to ride and control. Its volatility rules are mind wobbling so its better to focus more on your Business and how you could grow it with the time in the bad times like these. You should always keep up your Bitcoin purchases and see how it goes over the period of time. Why I am saying not jump all in is due to its volatile nature. Since your business is already running low, it means you need to keep up with daily needs with little bit of struggle. Hope so you will calculate the finances properly and make your choices. Remember: Your and family optimum living > other investments. 

[SamReomo]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

Yes, if you can invest in Bitcoin then you'll earn good returns after holding the investment for 10-20 years. As you mentioned in your post that you are working in a small cloth shop in a country that's affected by inflation, so in that scenario I recommend you to invest only the money that you can afford to live without. Do not starve yourself or your family to stake your money into Bitcoin, but only invest the money that won't affect your life and your family life in any adverse way. First of all, you should calculate your expanses and when you are done calculating those expanses then you should invest the remaining portion of the money into Bitcoin as that won't affect your life at all.

You should also keep in mind that Bitcoin isn't a get rich quick scheme and it's like a commodity in which you invest and leave it to go higher in value. The current rate of Bitcoin is not so high and if you're already investing in it then you should continue that and accumulate as much Bitcoin over next few years as you possibly can. Once your investments are enough then Hold your Bitcoin for 1-2 decades before selling them to secure profit. It's expected that Bitcoin's price will be in millions after a decade or more and you may earn quite enough profits by holding your Bitcoin.

I also recommend you to keep your Bitcoin in a secure cold wallet. You should install a software wallet in your computer and when you generate a wallet with that software you should remember to copy your private key and save it on many storage devices that aren't connected to internet. You should also save your seed phrase in those storage devices and at the same time you should also backup your wallet.dat on those storage devices. I recommend you to use USB flash drive, and SSD's as storage devices because they are better than hard drives and they last for longer periods. Once you have done copying your private key, seed phrase, and your wallet.dat on the storage devices then you should disconnect that computer from internet and only copy the wallet address with you so that when you accumulate more bitcoin you can transfer those to your cold wallet. You should also write your private key and seed phrase on a paper and keep that in a secure place.

Investing in Bitcoin won't make a person rich over night, but after some years the return on investment could be very high. The price of Bitcoin keeps increasing because the supply of it is limited to 21 million BTC only and with each halving the amount of Bitcoin are reduced per block. The current halving event is expected in 2024 and after that the block reward will decrease from 6.25 to only 3.125 Bitcoin per block, and after that the next halving that's expected to occur in 2028-2029 and with that the reward will further reduce from 3.125 to 1.5625 Bitcoin per block and so on. With each halving period the amount of Bitcoin reduce per block and that creates scarcity in the supply which triggers more demand for it and thus prices increase with the demand.

[mindrust]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

That's the best investment strategy. It is called "dollar cost averaging". Investing lump sum has the possibility of generating better returns but it is just a "possibility" if you don't know how to make educated guesses. DCA'ing on the other hand, will give you the market average and since BTC goes only upwards in the long term, you will likely to make profits. Just hodl tight and don't panic. In the upcoming months the markets might go ape shit because of the FED.

[jrrsparkles]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

Are you making profits or talking about the sales money to invest in Bitcoin?

Because you mentioned you feel its difficult to pay rent due to decrease in the sale and want to invest on Bitcoin so you can invest the profits for other expenses.

First of all don't invest any amount of money that you need to pay for something, only invest the money when your savings exceeds and don't want your savings to be vanished due to the inflation.

[Hyphen(-)]

But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin.

I don't think you understand how the Bitcoin market works or how people earn money with Bitcoin investments. In your situation, Bitcoin investment cannot give you the quick money you expect because investing in Bitcoin requires patience.Although it is not a bad idea to invest in Bitcoin, but don't expect a quick return.

So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

Yes, it is a good decision if you invest some of the profit you made in Bitcoin because it is a future investment that is profitable if you can be patient enough to hold your Bitcoin for the long term.

[BitDane]

@OP, I also think that you made a right decision in saving part of your income in Bitcoin.  If you are patient enough, then you idea of earning through investing in Bitcoin will happen since at  the current market, you can buy Bitcoin at a pretty low price compared to its ATH.  My suggestion to you is that, take notice of the coming uptrend.  Make sure that you sell when Bitcoin almost reached its peak or your Bitcoin reaches your target price, and rebuy again when the market goes or shifted to bear market again.  This way you can accumulate more Bitcoin every cycle.

[hannahB4]

From your subject, I thought you are already into the world of investing in Bitcoin. From the example you raised, your country is experiencing inflation which is affecting your business, if you have any source of income you can go for it. This is because you are not expecting profit as soon.

[Davidvictorson]

You have made the right decision. I hope you know the risks associated with bitcoin as well as the potentials. On the one hand, bitcoin's price is holding strong now at $25k so if you keep putting in a portion of your profit in bitcoin there is a possibility that it will yield more profit if goes up by 5%. In addition, the profits you get from the potential 5% rise to sort of some personal, business or family needs. On the other hand, if the drops, you should have a risk management strategy in place incase there is a market downturn.

[BVeyron]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

I think its a good idea to buy some BTC. I wouldn't expect much profit out of this, since cryptoassets is a long-term investment now, there is very low chance to get instant profit out of it... But anyway, having BTC is a good idea. It can bring some profit. The main thing is to invest affordable sum: without problems for other money-requiring initiatives (both business and household).

[Zaguru12]

On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

From what you said the inflation around the world is creeping into your country and once this settles in then your local currency begins to lose value one way or the other. So to save yourself from this bitcoin holdings is the best option Since it is very good hedge against inflation. But according to your post again you need money to pay for rent and other stuff and that’s why you invested in bitcoin. I think this is a wrong perspective to invest into bitcoin. Not that profit isn’t in bitcoin but it is not guaranteed in a short period of time. So my take is if the rent money won’t be needed in a short period of time then you can save it up in bitcoin just to avoid the fiat inflation. And then your other little savings that you don’t need can be invested too into bitcoin. But try to hold some funds in either fiat or other store of values so that you can run to when little emergencies arise

[BIT-BENDER]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

Yes you have made a good choice in my own opinion, I also assume that your weekly earnings from the shop won't be that much going by the fact you said times are hard in your country, I personally wish you well in your business but if I may be frank with you.
It's best to have multiple streams of income, really it doesn't have to be one like now you have your shop, still you can learn new things that doesn't need to you invest capital.

You can learn freelancing, web designing, graphic designing and any other thing that can assist you financially. Also investing in Bitcoin with so much pressure of it being a success may not make you last in Crypto-currency.

If you don't know already I would state it that the market is very volatile and it's not easy to predict I think you should cultivate the habit of patience if you want to make profits from that means.

[Upgrade00]

I realized that I can earn money by investing in Bitcoin.

You don't earn money from investing in bitcoin, rather the value of Bitcoin can appreciate in value against the currency it is paired against. it does not give you passive income (you have to sell to gain or lose) and there are no guarantees.
You just need to be able to hold securely for as long as it takes for the price to rise and not need to sell during lower prices.

So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes.

DCAing is great, you're buying without the need to check the market price.
Next step is to have secure, non-custodial wallet and have secure backups for your wallet.

[Captain Corporate]

I don't know if it could be considered "similar" in a sense, but my signature campaign incomes always stay in bitcoin as well, rarely I end up cashing it out. There are situations where I have to pay hospital bills, which happened quite too frequently for a life already and we still have the future to think, it was a bad period and thankfully everyone back to healthy again. Secondly sometimes my wife spends a bit more than we should And I end up selling it and just focus on what we could do to save more later on. Aside from those situation which do not happen every month, I just end up saving all my signature campaign income at bitcoin. Obviously that's not going to be too much today, but been doing that for a while, so the return has been quite good.

[ElmedoRator]

I recommend treating Bitcoin as a secondary investment rather than a primary focus. You should still prioritize the stability and growth of your business during challenging times. Because anyway, keeping a portion of your income for Bitcoin investments allows you to participate in its potential growth while maintaining your focus on maintaining and expanding your business. However, I still think the old-fashioned way, although using Bitcoin-themed merchandise can help create a unique brand image and attract attention, will complement your core business. selling clothes. Proper marketing, product quality, and customer service are still essential to the success of your clothing store.

[milewilda]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

Are you aware of the risks? Hope you arent really that seeing or watching those positive or pros only on Bitcoin investment but also seeing into its negative side of things.If you are anticipating on having that profits
in Bitcoin investment then you should think twice. Yes, this one is really that having the potential but its not that guaranteed.This market is unpredictable and there's no way that we could really be able to tell
on when it would really be making out some huge increase in price to make some profits. We know that it is really that volatile and unpredictable. Unless if you have decided to hold up for long term then it wont really be that an issue but if you are really that going for short term approach then it is something that you cant really depend or rely on. Somehow making up some decision to save up some Bitcoin aside
out from your store revenue is really that a good idea that had been made.

[freedomgo]

The idea of accepting Bitcoin payments may be a good idea, but it is somewhat difficult to implement in practice if people in your area are not familiar with the Bitcoin payment method.

You can try another idea, why don't you issue T-shirts, for example, with the Bitcoin logo on it? It will be an attractive idea on the one hand, and on the other hand, it may help attract the attention of your region to Bitcoin. Perhaps it will be the first clothing store to do this idea.

Accepting bitcoin payment may certainly work especially if there are people around who are aware and are active on keeping bitcoin. That is a good start for you to establish new profits through bitcoin usage. And since you start accepting bitcoin in your store, then yes it could also lead to a good promotion selling stuff about bitcoin like printed logos about bitcoin. Or simply, feel free to accept bitcoin logo printing as that will attract the people particularly for those who know well and are into bitcoin community.

[lalabotax]

And indeed this is where the role of financial management is very important. Especially if we have certain plans and targets for the future by investing some of the profits into Bitcoin. In my opinion, this is not bad, and in fact it is a good thing, especially if we really understand the risks of investing in Bitcoin and what is the best strategy for this investment. So that we won't feel panicked or make futile decisions when the market drops and feel very worried.

Investing in Bitcoin by using a portion of profits can be profitable later. Especially if for long term. But on the other hand, make sure that if we really don't have a problem allocating the money, just think of it as free money. I'm really happy to hear this. Keep it up, dudes.

[Issa56]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

Not only in your country, the same thing is happening in my country, things are very expensive now and some small scale business are running down due to high cost of running the business. Investment in bitcoin is really a good idea, if you are making money, then you can be investing some part of the money in bitcoin, but you should be ready to hold for long term, that's why you shouldn't invest all your profits, invest any amount you won't be using very soon.

Also when investing their is something you should know about which is wallet security, make sure you properly secure your wallet, make sure your bitcoin is not stored on exchange, make sure its stored in a non custodial wallet, and make sure you properly secure your private key, your private key shouldn't be stored in anywhere their is internet connection because it can be hacked at any moment, you can carve your private key on a steel and store it in a appropriate place.

[SOKO-DEKE]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

It is even preferable for someone to have more than one source of income in this situation since the streams of income will assist one another in the case that any one is business is struggling. I read over your post and saw that you wish to invest in Bitcoin and that you've chosen to invest in Bitcoin as alternative to make money. I think it's a good idea for you to invest in Bitcoin op  because you can undoubtedly earn from it if it you can hold up for a while. And it will greatly enhance your goals to invest some of the money you are making from the shop in bitcoin.but my advice is that don't invest more than what you cannot afford to lose.

[drwhobox]

Great move, here is some friendly suggestion for you-

-Don't keep your bitcoins in exchange, use the exchange only if you don't have other buying option. Transfer the bitcoins from the exchange to your wallet.

-Use a hard wallet if possible, if you don't the budget for that use Electrum or other wallets where you have control of your private key.

[Yatsan]

If it is just a portion then there would be nothing wrong from doing so. Common mistake by some business owners who are interested in this industry is investing all orlf their funds in Bitcoin and other cryptocurrencies which I think is never advisable. First of all, the funds of a business is needed to run the business itself, funds should revolve to maintain it in general; salary of your employees, refilling your stocks (if applicable), rent (if applicable), and others. It won't be advisable investing all of its funds to this industry 'coz profit won't come in an instant. The market price is not continuously increasing which means there will be times you will be left with no other choice but to wait, and what if you'd be needing money for your business?

[Darker45]

You said that your business is having some difficulties right now. There are less customers, low sales. Rent has now become a challenge for you. And now you're even taking a share of your profit to "earn money by investing in Bitcoin." You might want to do some math about this. Money invested in Bitcoin might mean money taken away from your business. Bitcoin won't give you a daily or monthly profit, so your Bitcoin investment might actually mean even less capital for your business.

Anyway, I assume you're from Bangladesh. I have always been curious about how strict your government's implementation of the ban against Bitcoin. It seems there are still businesses accepting it as payment.

[m2017]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

You can always get a bunch of advice here, but will it be useful in your case. Things are going quite well for you, as you can see from the story. Perhaps the most important decision you have already made is when you decide to invest a portion of your income in bitcoin. This could be the most valuable advice, but you yourself have already come to this. The rest will not be so significant, but I'll still try.

You can start accepting btc as a means of payment from your customers. This will save a little on conversion and you will receive bitcoin directly. If you give a discount for this payment method, even a small one, it will encourage customers to pay at BTC, which will benefit both you and them. Also, you can make payment acceptance signs at bitcoin with detailed instructions on how to do this. It will be useful for beginners and will create an advertising effect.

If you find these little advices acceptable to you, you can use them.

[2Pizza410000BTC]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

Since you want to invest some portion of your clothing business profits in bitcoins for future savings, this is a very good idea but I will ask you to take a safety measure in case you consider it very seriously. Since you want to store bitcoin, you should choose a secure wallet where you will keep your bitcoin for the future. Also if you invest a certain part of your clothing business in Bitcoin and that investment is lost due to wallet security only then your clothing business will face huge losses for later life.

[GreatArkansas]

(....)
So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

There's no wrong in investing your profits in Bitcoin, but you should be aware of the risks here because you can't guarantee the profits here. A lot of big companies are doing this also, millions of company profits are also investing in Bitcoin. And some of them are losing a lot of money also.
So, always think this as scenario and another you must always have "back up plan" just incase something bad will happen.

[Don Pedro Dinero]

I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

The question here is whether you have an investment plan, starting with an emergency cash fund, either at home or in the bank, but easily accessible. Then, if the purchases you make are made with money that you are not going to need, I would say that for at least two years, which is when it is assumed, and I say assumed, that we will be around the peak of the next cycle. But what happened in previous cycles does not have to be repeated, although it is most likely that you will, so the most important thing is that the money you can put in bitcoin you do not need ideally for the next 4 years at least, to withstand the volatility. By buying regularly and doing HODL, you will have a better future.

[lienfaye]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

It's a wise decision to invest a part of your profit from business to Bitcoin because there's a potential to gain from it. However, are you already aware of the risk? Bitcoin is high volatile, some of the disadvantage is, it can plunge unexpectedly and the process to recover back might take longer. The reason why an investor must have a long patience to not be tempted to sell for being discourage to keep holding.

Thus, before you start investing make sure that you already fill your mind with knowledge about Bitcoin to know the things that you can expect along the way. This can help you to understand it well before engaging yourself.

[xSkylarx]

Is this only one of your sources of income? I mean, how would you provide for your basic needs if you were going to invest all of your profit in bitcoin? Though that move is a good choice, but don't be blindly investing. I know you are familiar with bitcoin; try to invest slowly, like from your profit, let's say 25% of it, and then continue learning because for sure you are having problems controlling your emotions, like what happened to the price of bitcoin yesterday, which for sure caused a lot of newbies to panic.

[landheer]

a portion of your store's weekly profit is invested into bitcoin,
yes, this is very good as long as you know the risks of investing in bitcoin, because bitcoin certainly fluctuates, so you have to accept that fact.

but I have a suggestion if you also open a service, namely accepting payments using btc, I think it will be even better. but if bitcoin is illegal in your country you shouldn't, because you have to obey the rule in your area.

[Kakmakr]

The words "profit share" in your post is worrying me for some reason. This is a word that is used in Bitcoin Ponzi schemes. I hope you bought bitcoins at a regulated exchange and that you own the Private keys to those coins. (obviously after you have withdrawn the bitcoins to cold storage) 

There are no "profit share" when you own bitcoins, you either buy it at a low price and then sell it at a profit. You do not get monthly dividends or profits, so make sure you are "invested" in the correct technology.

[Bazzu]

indeed many countries experienced high inflation and in my country also experienced inflation,
so indeed in this case we must be good at managing our economic strategy so that our economy does not go down, and in my opinion btc investment can indeed be called a good strategy because indeed btc will not be affected by inflation but is very risky. so in this case you have to have a good strategy in buying btc so you don't lose when investing in btc.

but of course you also have to have fiat money savings and also have to prioritize rental costs and so on.
so I think it's better for you to invest in btc, only a small part of the profit you get from your shop, but the decision is yours, happy investing.

[Die_empty]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

Investing your profit on bitcoin is a good choice because you might get some profit from it in the future. And it will be better to save in Bitcoin since your country is facing inflation. Bitcoin will help serve as a hedge against inflation.

But I will also suggest that you seek ways of tackling the challenges you are facing in your business because from your explanation which includes low sales and high cost of goods the business will not perform well because you are not making enough profit to sustain the business. I will suggest you seek a cheaper supplier or diversify to other businesses. My advice is that investing in Bitcoin will not save your business because it is a long-term investment. You need to have income that will help you pay your bills daily, monthly, or yearly until you start making money from your Bitcoin investment.

[kotajikikox]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

while you must admit that you are facing difficulties even in paying rent ? then how do you think you can survive the business just by investing in bitcoin ? sorry for this mate but if you are just using bitcoin investing to survive in case the price goes high then you are wrong , because in crypto investment there are sideways.so sometimes when you expect to doubled? instead you will lose everything even your own clothing shop so better to think twice or thrice .

[Victorik]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

From your write up, I don't think you need any advice, because you seem to have already made up your mind and decided on what you want.
You idea of investing your weekly profit on BTC. It may not yield immediate results, but eventually, you will get something very reasonable.

[Latviand]

Only problem that I can think of is that you might be prone to emotional outburst and can cause you to panic sell or something, not to mention that your store was hit in economic terms and you didn't mention any other streams of income, it might sound crazy to you but remember that you might experience financial hardships because you are investing weekly portions of the profit and with the current market, it's not really a good time to get it out in case you need a lot of money, you will be losing a lot. Maybe take a break from that routine or make it twice a week or once a month until you secure another stream of income so you don't have to worry in case there's a bad day for your shop.

[Litzki1990]

It will be better for you and your store if you do your store accounting monthly instead of weekly. In addition to daily accounting, if you calculate the monthly profit, you will invest a part of the profit in Bitcoin and with the remaining part, you can take some steps to improve your business in addition to managing your family. In this case, your family can also maintain well, can improve in your business field and can invest bitcoins along with you in that field. If you have taken such a decision, act soon..

[Z390]

I will tell you how Bitcoin investment can also cost you money, as Bitcoin is highly volatile, and timing is extremely important, which is why it is best to invest what you are willing to lose.

Assuming you plan to invest in Bitcoin with money you will need in 5 months time, At the end of 5 months, if the value of Bitcoin is not good, you will have no choice but to sell and walk away with your losses if you invest the money you will need.

Besides being a Bitcoin investor, I am also a farmer. I have invested most of my gains in Bitcoin and have even sold some lands so I can buy some Bitcoin. Since 2022, I have been buying Bitcoins and plan to continue doing so until the next bull market occurs. Because I have multiple sources of income, it is easier for me to invest in Bitcoins, so be sure you won't need the money for a long time before you do.

[lovesmayfamilis]

Another account came to the forum for the pizza contest. OP, how does your country feel about bitcoins? All your colleagues are very concerned that Bitcoin activity is prohibited in Bangladesh. But if you are an active investor, where are you going to exchange fiat for bitcoin? I say this because I often visit your local section, reading concerns about the use of Bitcoin.

[Bitcoin_people]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

I think this decision of yours is good, currently the number of buyers has decreased due to increase in price of all products. But since you have a clothing store there is definitely a good amount of profit at the end of the week. But paying rent to your shop may make it difficult for you to meet your family expenses at the end of the week. For which you have decided to invest bitcoins from your small store savings. But I will tell you that before investing in Bitcoin you must acquire good knowledge and skills about the market. You should note that the Bitcoin market is often volatile. And considering the various aspects of Bitcoin that you can invest in, it can benefit you in the future. And if you invest in Bitcoin and hold it for a long time, it will be a future asset.

[demonica]

It's a great idea to start investing in Bitcoin little by little since that's what only you can afford for now and since you're still a newbie in Bitcoin investment.
I would also suggest accepting Bitcoin payment. Although it might be not that known by most of you customers, you could also start doing online shop aside from your physical store. You can target customers overseas wherein they can also pay using Bitcoin. Aside from that, you can gain sales online without the need to pay for a monthly rent so you might want to consider building an online shop of your business.

[yazher]

That's something you can be proud of yourself because there are only a few people who can do that and hope to hold their bitcoins for the long term. You just need to be patient whenever you see some kind of decrease in the price in the crypto market because it will gonna be fine in a few days or months when the price will rise again. unlike altcoins, bitcoins always recovered. and at a time when the market is facing some troubles, you need to do something else and keep away from the people who spread fake news on what's really going on with the crypto market.

[Lorence.xD]

It's actually difficult to find a well earning money sources these days. Inflation actually hit every country despite the salary of the people remain the same. From your post OP, it's a good move to know Bitcoin as a opportunity to have profits but let's not forget the fact it's volatile which makes it risky to invest or trade. From your post it's like you were only focused on the bright side of Bitcoin, but let's remember as long risk is involved you still need to be careful with any investment especially if you can't afford to lose the money. It would be better to invest with yourself first with knowledge about Bitcoin for you to lessen the risk of losses since you already have the knowledge.

[KiaKia]

It's a good plan if you can afford it, there are two types of investors in Bitcoin, those who are ready for any possible results and those who invest what they can't afford to lose, I hope you invest what you can afford to lose? I understand that this money comes from your business but are you ready to see the value goes down before it starts going up again? This is what many investors are not ready to see and they called themselves investors, since Bitcoin is not a stable digital currency, this can't be avoided.

[Fivestar4everMVP]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

I think you made a great decision indeed, investing Part of your weekly profit is a good idea and one I truly support, just make sure to set a percentage of the profit you will investing every week, and the percentage should depend on your marital status, if you are still single, then I believe you can invest up to 50 percent of your weekly profit in bitcoin, but if you are married with family, then maybe 10 to 15 percent of your weekly profit will be a good idea, just make sure to never invest every thing, so it doesn't end up affecting you, your family and business.

Another thing is to have long term in mind, this is in order not to feel disappointed, bitcoin might go up in the short term and make you some good profit, but it might also take a long time, so it's better to invest with the mindset of long term than short term.

[Wiwo]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

Investing in bitcoin will help to revitalize your financial status if you have the basic knowledge and long-term mindset,  but for the short term, you may not see any significant effect of Bitcoin on gone financial life since you will need to have to hold for a while for the price to rise significantly to be able to make good profits.

The cost of rents have increased lately in many places and that is what has affected a lot of small businesses as a matter of urgency retailers need to diversify into other ventures and Bitcoin is one of that venture that is less expensive to maintain even though Bitcoin has a high-risk investment.

[Ale88]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

The only good advice is not even actually an advice, it's just a hope: hope that you carefully valued pros and cons, hope that you're aware that cryptos are very volatile, including bitcoin, and hope that you won't need the money you invested in the short term, otherwise you may have to sell at loss. Besides all that, I think it's a good idea, especially in the long term.

[jeraldskie11]

You're making a good decision, in my opinion. Because you're struggling due to an increase in the prices of everything in your country, it's far better to invest some of your profits in your clothing shop in Bitcoin. Simply ensure that the remaining profit is sufficient for your daily needs so that you do not withdraw your Bitcoin. You must only invest what you can afford to lose, and it must be your spare cash. When the price of Bitcoin falls, we must realize that it must be done in order for the price to rise and avoid constantly checking the chart. I believe that if you do this, as the cost of things to buy rise, your efforts in investing in Bitcoin will pay off.

[Finestream]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

That’s a good start with bitcoin. By just accepting bitcoin payment in your store will create a big difference in your finances. That is also one way of bitcoin promotion in your area in case a lot of your neighborhood are still unaware that bitcoin can be used as a currency. And by investing bitcoin little by little, somehow you will secure a brighter future when bitcoin price finally reached its all time high.

[Blitzboy]

I will tell you how Bitcoin investment can also cost you money, as Bitcoin is highly volatile, and timing is extremely important, which is why it is best to invest what you are willing to lose.

Assuming you plan to invest in Bitcoin with money you will need in 5 months time, At the end of 5 months, if the value of Bitcoin is not good, you will have no choice but to sell and walk away with your losses if you invest the money you will need.

Besides being a Bitcoin investor, I am also a farmer. I have invested most of my gains in Bitcoin and have even sold some lands so I can buy some Bitcoin. Since 2022, I have been buying Bitcoins and plan to continue doing so until the next bull market occurs. Because I have multiple sources of income, it is easier for me to invest in Bitcoins, so be sure you won't need the money for a long time before you do.

Bitcoin is indeed highly volatile, and timing is essential. This is no penny-ante game. Youre right; one should only invest what they can afford to lose. It's a mantra we, in the crypto community, swear by.

Your farming venture, now thats intriguing. Balancing between being a farmer and a Bitcoin investor, how cool is that? Though, I have to ask, selling land for Bitcoin? Is that a wise strategy? Land is a tangible, appreciable asset.

Still, your diversified income sources do make it easier for you to absorb any potential losses. Thats a wise strategy. It might not work for everyone, but if its working for you, more power to you. Keep riding the Bitcoin bull, bro. This is not the end; it's just the beginning of the new era

[Z390]

I will tell you how Bitcoin investment can also cost you money, as Bitcoin is highly volatile, and timing is extremely important, which is why it is best to invest what you are willing to lose.

Assuming you plan to invest in Bitcoin with money you will need in 5 months time, At the end of 5 months, if the value of Bitcoin is not good, you will have no choice but to sell and walk away with your losses if you invest the money you will need.

Besides being a Bitcoin investor, I am also a farmer. I have invested most of my gains in Bitcoin and have even sold some lands so I can buy some Bitcoin. Since 2022, I have been buying Bitcoins and plan to continue doing so until the next bull market occurs. Because I have multiple sources of income, it is easier for me to invest in Bitcoins, so be sure you won't need the money for a long time before you do.

Bitcoin is indeed highly volatile, and timing is essential. This is no penny-ante game. Youre right; one should only invest what they can afford to lose. It's a mantra we, in the crypto community, swear by.

Your farming venture, now thats intriguing. Balancing between being a farmer and a Bitcoin investor, how cool is that? Though, I have to ask, selling land for Bitcoin? Is that a wise strategy? Land is a tangible, appreciable asset.

Still, your diversified income sources do make it easier for you to absorb any potential losses. Thats a wise strategy. It might not work for everyone, but if its working for you, more power to you. Keep riding the Bitcoin bull, bro. This is not the end; it's just the beginning of the new era

This is the first time someone have said something nice about my plans, thanks and I appreciate you.

I have been a long time farmer, from a very small age and the farming lands are far deep in the reserves, some called it jungle where wild animals still exists, I have my hunting rifle and a hut too, so keeping many lands here for long term with the hope of selling for higher price is possible but I won't be around to see that happen, because it's going to take a decade before such area can see development.

No one will want to come to such an area to build companies and schools, not that type of place, I got few of the lands from my parents and they are not here anymore, this is not the type of lands that you can keep and hope to sell for millions in future, my father and mother owned them throughout the days of their lives, I hope you understand now.

I was able to sold few for farmers like me,  and it's not the same value like if I am selling a land in the city, this is a big jungle where gorillas and big pythons still lives, so I don't think it's that bad to sell lands and but Bitcoin, I can invest in Bitcoin and hope for good returns in just 4 to 6 years, that's why I am doing this.

Thanks for your concern.

[dezoel]

It seems you are a little late, I mean your shop is already earning less. If only you did that before, maybe you can allocate more money in Bitcoin and you already have a nice amount of Bitcoin now. I'm not here to stop you on your plans but go ahead. Being late is still better than not doing it at all. Let's only hope that the situation in your country will now return to normal and so as your shop earnings.

Your Bitcoin earnings can also aid you later on to continue your business and maybe it would be better to just build your own shop and buy the land around it, so that you will not pay for the rent anymore. It only looks costly at first but I promised you that it's going to be worth it later on.

[YUriy1991]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin.

In my view Investors who believe in Bitcoin as a hedge against inflation argue that its decentralized nature, combined with its fixed supply, makes it resistant to traditional economic forces that can devalue fiat currencies. In other words, with Bitcoin, individuals can potentially reduce the risk associated with inflation. and protect their wealth.

So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

Frankly, when it comes to Bitcoin, the one thing that keeps us thinking is its high price volatility. The value of Bitcoins can change dramatically in a short period of time, resulting in the potential for a decrease in the value of your investment, even to the point of losing it entirely. This factor makes Bitcoin considered a speculative and risky investment.

Why is Bitcoin volatility a concern? The value of Bitcoin can spike or fall significantly in a relatively short period of time. This causes high price volatility and is a source of skepticism for some people about the stability of Bitcoin investments. While this volatility also creates opportunities for traders looking to make quick profits, the risks associated with it cannot be ignored.

In some cases, sharp price fluctuations in a short time can make investors worry and reduce the estimated value of their investment. What's more, when there is a significant decline, there is a risk of a Bitcoin investment losing money or even losing all of the invested capital.

But I think it's also important to recognize that price volatility is not unique to Bitcoin. Even traditional financial assets such as stocks face similar price volatility. Why is that? In fact, some Bitcoin proponents argue that with a proper understanding of the market and a good risk management strategy, Bitcoin price volatility can be exploited as an opportunity to profit.

[Bd officer]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

You have made a good decision to invest in Bitcoin. But you need to have a good understanding of Bitcoin. Since you are our Bangladeshi, you have to be very careful. Because Bitcoin is illegal in our Bangladesh, you may get into legal trouble. So you need to maintain privacy by investing in Bitcoin. Hopefully you will keep investing in Bitcoin for a long time. Hope you get good profit.

[Taskford]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

Maybe you need to be more strategize upon running your business and since many people dealing on social media right now why not go there and reach more people then introduce your business? Provably with that it can help you increase your sales.

Also good choice to be on bitcoin as alternative but make sure to have proper knowledge since eventhough we are in bit stable or sometimes it ups. There are still chances that price may fall so prepare on this incident so that you will not lose your money.

[goldkingcoiner]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

Congrats on your wise investment! I think that Bitcoin is always a smart choice, especially considering how many times fiat money has failed us in the past and keeps failing us to this day.

However you should keep in mind that Bitcoin is not a "get rich quick scheme" and you will probably not see amazing profits from your investment in the short term. You should hodl your coins for at least a few years at minimum. You should understand that an investment in Bitcoin is a profitable investment only in the long term. If you have bills to pay, especially in order to keep your shop open, then you should definitely consider keeping a large portion of your profits aside to do that. Otherwise you might have to sell your Bitcoin at a loss in order to pay your bills.

[Blitzboy]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

Congrats on your wise investment! I think that Bitcoin is always a smart choice, especially considering how many times fiat money has failed us in the past and keeps failing us to this day.

However you should keep in mind that Bitcoin is not a "get rich quick scheme" and you will probably not see amazing profits from your investment in the short term. You should hodl your coins for at least a few years at minimum. You should understand that an investment in Bitcoin is a profitable investment only in the long term. If you have bills to pay, especially in order to keep your shop open, then you should definitely consider keeping a large portion of your profits aside to do that. Otherwise you might have to sell your Bitcoin at a loss in order to pay your bills.

Your unwavering faith in Bitcoin mirrors that of many who have turned their back on traditional financial systems, and justifiably so. The demise of fiat currencies is as ancient as history itself. However, portraying Bitcoin as the ultimate saviour may be excessively idealistic. Could it be that the gleam of this digital treasure has rendered us oblivious to its potential pitfalls?

Yes, holding onto Bitcoin for the long term is a wise strategy, but it shouldn't be the only one. Diversification is essential in a market as volatile as cryptocurrency. Why not investigate other promising cryptocurrencies and blockchain projects instead of putting all of your eggs in the Bitcoin basket? Similar to being a supporter of a sports team, it is acceptable to support others. Remember that a crypto portfolio that is diversified is a smart crypto portfolio.

[carlfebz2]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

Congrats on your wise investment! I think that Bitcoin is always a smart choice, especially considering how many times fiat money has failed us in the past and keeps failing us to this day.

However you should keep in mind that Bitcoin is not a "get rich quick scheme" and you will probably not see amazing profits from your investment in the short term. You should hodl your coins for at least a few years at minimum. You should understand that an investment in Bitcoin is a profitable investment only in the long term. If you have bills to pay, especially in order to keep your shop open, then you should definitely consider keeping a large portion of your profits aside to do that. Otherwise you might have to sell your Bitcoin at a loss in order to pay your bills.

Risky move to make but its not something that bad either considering that we've seen on how many times that Bitcoin shocked up the crypto space on reaching up new all time highs and this is where most investors

is really looking up into such probability and this is where they would really be having that kind of impression that they would really be needing to invest and accumulate as much as they could because we arent still
on a bull run yet and some doesnt really care about those times which they would really be that focusing when it comes to long term aspect. For someone who does have a business then integrating
Bitcoin payments or solely trying out to invest some of the portion of profits into crypto investment isnt really that a bad thing either.

We do have our own will and risks taking when it comes to this on which there might be some people who cant just bare up the risks but there are ones who would really be that risk taker on taking up such decision.

[imamusma]

Each of our investment policies is different from each other, of course because maybe some of us will choose low risk investment assets over bitcoin. I wouldn't say no to bitcoin, especially in the long term. When you understand the potential returns you will get from investing in bitcoin over the long term, then you may be less exposed to the risk of volatility. After all it's still good that you use some of your business profits, it's a decision that I can consider wise on your part.

Saving fiat won't do you much good in the long term, that's because it continues to lose value over time. While you can also choose gold, but the profit ratio will definitely be lower than bitcoin.

[cheezcarls]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

If you are aware and ready to fully acknowledge the risks due to being unpredictable and prone to market volatility, then I guess it's ideal for long-term investment.

It's like you are doing DCA (dollar-cost averaging) with Bitcoin by committing a portion of your clothing store's profit every week. As long you can afford to lose that amount weekly, then you have no problem with it even if the price is going down.

BTC and ETH are good for long-term while the rest of the altcoins are only good for short and mid-term. 

[PeRo]

That's a very smart move, which I've also been wanting to do for a long time now. Unfortunately for me, I haven't stabilized my business yet, so I can't really invest until I do and I see that you aren't in a good position either right now. I would recommend investing smaller portions of money until the hard times pass and you have higher, more stable income and don't invest more than you are comfortable losing at this time.

Other than that, I think you have made a good decision just be cautious and hopefully you will help your economic state. I also recommend adding the possibility of paying in Bitcoin as you can maybe get a few new customers and make it easier for you to invest.

[teosanru]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

That's a good move. But speaking of it business wise. I would suggest you to invest in Bitcoin if one point is satisfied. If the returns that bitcoin provides in say next 2 years is better than the ROCE of your business then it's a smart choice to invest in bitcoin if this condition is not satisfied then to be honest it's not that smart decision to invest your profits into bitcoin as you are taking money out of a more profitable thing to put it into a less profitable venture.

[Marykeller]

Your decision to invest in Bitcoin is a welcome development. However, you should be aware that the crypto market is risky and that it is not always advantageous for investors. At the moment, the crypto market is particularly unstable for those looking to profit from their bitcoin investments to address problems.

have you tried to think differently? If your hopes for bitcoin's profits to help you pay your cloth shop's rent didn't pan out as you had hoped. Then, what will you do? Have you got a backup strategy?

I'll advise you to start a DCA for your bitcoin investment so you can take profits gradually and save them up before your lease on the shop expires.

[The Cryptovator]

There's no doubt that you've made the right decision and you're in the perfect place to expand your knowledge about Bitcoin. It's commendable that you're not seeking quick riches, but instead, gradually investing a portion of your profits. I appreciate the strategy you've adopted, as it allows you to weather market crashes and survive even if your Bitcoin investment takes a hit, giving you the opportunity to wait for market recovery. It's important to emphasize that you have much to learn, and this forum will undoubtedly aid you in your journey.

[mirakal]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

Investing in bitcoin is a good choice, as you might even be more profitable in it than in your own shop especially that your everyday sales is not as high as before. However, you can also inform your active customers that you will also accept bitcoin payment in your shop, at least they don’t have to use cash anymore and just make use a portion of their coins. That way, not only you will promote bitcoin, but you will also gain additional income. The more bitcoin users in your shop, the more coins you will accumulate. In the end, even if you ran out of cash, at least you have sufficient amount of bitcoin that is obviously has greater value than fiat.

[loopes]

I have a small cloth shop. Currently everything in my own country is very expensive, so we are facing many problems in our life. The shop I have used to sell well. But now due to the increase in price, there are not as many customers or sales as before. Again. On top of that I have to pay rent for the shop which has become a bit difficult for me. After entering this platform I got to know Bitcoin. Then after browsing many places I realized that I can earn money by investing in Bitcoin. So I want to invest in Bitcoin. So I have my weekly I decided to invest in bitcoin from a profit share. I think I made the right decision. I hope that I can use my bitcoin profit for other purposes. Hope you guys can help me with good advice.

if you think that when you invest in bitcoin then you are optimistic to get a profit you will only find a regret because there is no guarantee to get profit while you invest in bitcoin. It is not simply to just put a money in bitcoin then you got profit share, bitcoin is just not like a common share that will give you profit certainly.

[Kelward]

There's no doubt that you've made the right decision and you're in the perfect place to expand your knowledge about Bitcoin. It's commendable that you're not seeking quick riches, but instead, gradually investing a portion of your profits. I appreciate the strategy you've adopted, as it allows you to weather market crashes and survive even if your Bitcoin investment takes a hit, giving you the opportunity to wait for market recovery. It's important to emphasize that you have much to learn, and this forum will undoubtedly aid you in your journey.

Investing in bitcoin from ones profit is the best option, because of it's volatile nature. I've learned a lot from this forum that it is better not to trade or invest in bitcoin with all your capital, because you're not 100% sure of making profit. Except if it's on a long term investment. Like they day in this forum, it's better to invest what you can afford to loose.

[Mpamaegbu]

Like they day in this forum, it's better to invest what you can afford to loose.

Yes, that should be the mindset of every investor. It cuts across, not just on Bitcoin. It's pertinent for you to nurture this mindset and grow with it in business because nothing should be taken as certitude and infallible, especially in the crypto industry which is highly speculative and full of surprises. It can make or mar anyone. Any cash that can be sorely missed shouldn't be put in cryptos. It's that simple an advice. Keep believing it.

[stellajonnes]

I also run an online store so I also like this kind of investment and my store is online. Where we sell clothes like this Sex Education Otis Milburn Satin Jacket because people take more interest in it. And the material of each of our products is perfect at once which makes the customer happy and our rates are also reasonable.