Investing in Bitcoin or physical trading?

[Samlucky O]

Now the main thing is that I want to sell my Bitcoin investment now and start a business with that money. Now what advice can you give me, should I hold on to Bitcoin for a longer period or should I start my business now and can you give me such advice that I can keep my Bitcoin investment and take a loan from the bank and then start a business.
I hope you will definitely help me with your important opinions.

My humble advice to you is to sell some portion of your Bitcoin and start the oil business you wish to start, although I don't know the amount you have in your Bitcoin portfolio or the amount needed for the oil business, but if the amount needed for the oil business can be gotten from your Bitcoin holding and you still have some balance, then you can sell and start your business. The profit made from the business can be invested back to Bitcoin. I will be the last person to advice anybody to take loan why he has Bitcoin in his portfolio.

[Fiasem20]

The ball is in your court,so make the best decision you think it's suitable to you.As an adult you're ought to make decisions yourself and not depending wholly on the opinions of the public,even if the public tells you what to do and your don't agree with it within yourself,you'll still do what's in your mind.Owning a business doesn't stop you from investing in bitcoin,you can own a business and still adopt the DCA strategy in terms of accumulating bitcoin,so if I were you I would establish the oil business and if I'm making profit from the business I would invest on bitcoin because investment is a crucial aspect of life.

[ImGenius]

Wow, you seem to be doing business and making a profit from it and then moving towards investing with that profit, which is undoubtedly a good thing. However, the business you want to do requires a lot of money. If you start an oil business due to the high price of oil, then you will have to start the business with a fairly good amount. However, your business will be the best because there will be no loss, if you can do the oil business, you will have a fairly good earning, from there you will be able to move towards investing well, I think.

[dezoel]

Bitcoin has really appreciated right now, and it's better to invest in businesses. There hasn't been a strong correction to flush out all the hamsters, so investing now is dangerous unless you're waiting for a low price and don't want to buy Bitcoin at a DCA. I'm wary of buying now because one of the rules of a successful trader (and investor) is to avoid buying at high prices. This can freeze your invested assets for a long time, which is bad for savings. However, if you're planning to buy BTC for the long term, you can buy now because it will always rise in the long term.

I disagree that bitcoin will go down, it's going to keep going up, we still have time before the year runs out and I think this bull year still didn't had the biggest bull rush that will happen.

I understand it is not easy to handle at the moment but we can't really see this change at all, not tat easily, we should be seeing how this could change with being something that could be all that more crazy. Of course it is not that easy for this to be forgotten, but if we can handle this then we can make sure that things could change. This is why bitcoin will keep going up, I expect at least 150k+ before the year ends, sure it will crash after it reaches the peak, but I expect a much higher peak before the year end.

[Cyber_warrior]

The business I want to do is to build an oil factory, where all the raw materials used to make oil will be collected and the oil will be made and sold in the market.
Since oil is very important, I think I will be profitable if I can manage this business properly.

Now the main thing is that I want to sell my Bitcoin investment now and start a business with that money. Now what advice can you give me, should I hold on to Bitcoin for a longer period or should I start my business now and can you give me such advice that I can keep my Bitcoin investment and take a loan from the bank and then start a business.
I hope you will definitely help me with your important opinions.

Firstly you are not suppose to invest any amount which you will be using in bitcoin, because whenever you will be selling the bitcoin, don’t be surprise that the price will be down by then. And you won’t have choice than to sell at loss. If you are investing in bitcoin, then it’s just better it’s long term investment, if you can hold bitcoin for like 10 years, if you want to sell, there is no way you will be selling at loss.

From your post you said you are already in good profits, and your intention is to use the money for business, then just sell your bitcoin, if you think you want to hold for a longer period just to increase your profits, don’t be surprise that bitcoin price will have dropped when you want to sell then, so since you will be needing money soon then sell.

You trying to venture into oil business, that means you are holding huge amount of bitcoin, because all I know is that, you can’t make use of little amount of money to venture into oil business. Also instead of  taking a loan just sell your bitcoin, if you are making profits from your business, then you can just be buying back your bitcoin.

[barisbilgili]

Bitcoin has really appreciated right now, and it's better to invest in businesses. There hasn't been a strong correction to flush out all the hamsters, so investing now is dangerous unless you're waiting for a low price and don't want to buy Bitcoin at a DCA. I'm wary of buying now because one of the rules of a successful trader (and investor) is to avoid buying at high prices. This can freeze your invested assets for a long time, which is bad for savings. However, if you're planning to buy BTC for the long term, you can buy now because it will always rise in the long term.

I disagree that bitcoin will go down, it's going to keep going up, we still have time before the year runs out and I think this bull year still didn't had the biggest bull rush that will happen.

I understand it is not easy to handle at the moment but we can't really see this change at all, not tat easily, we should be seeing how this could change with being something that could be all that more crazy. Of course it is not that easy for this to be forgotten, but if we can handle this then we can make sure that things could change. This is why bitcoin will keep going up, I expect at least 150k+ before the year ends, sure it will crash after it reaches the peak, but I expect a much higher peak before the year end.

Declines and even significant increases are commonplace. We've seen this happen in the Bitcoin market for a long time, but everyone believes the price will recover, and it has proven so, but it takes time.

No one knows how Bitcoin's price will move in the future. We all have our own speculations, but I firmly believe that Bitcoin is a long-term investment, and we shouldn't just consider it a short-term investment. It carries significant risks. Trading or investing in Bitcoin certainly carries different risks, and we can choose accordingly.

[ChocolateBitcoinK]

We all know that the price of Bitcoin is likely to increase in the future. You say that you have a long-term investment plan, in this case I do not think it is a good decision to sell your investment. It is good that you want to do business. However, you should plan the business expenses, management, capital and then make a decision. In this case, it would be better if you do not rely on emotions but make decisions based on logic and if you have patience and a plan, then you can keep both the business and the investment under control and move forward. Because I do not think it would be reasonable to completely withdraw from investment.

[Pablo-wood]

Now the main thing is that I want to sell my Bitcoin investment now and start a business with that money. Now what advice can you give me, should I hold on to Bitcoin for a longer period or should I start my business now and can you give me such advice that I can keep my Bitcoin investment and take a loan from the bank and then start a business.
I hope you will definitely help me with your important opinions.

It depends on how much Bitcoin you have in possession. If the quantity of Bitcoin held is large such that it profit can generate enough capital to pursue your business after graduation then hold else start your business and use the proceed to re-invest into Bitcoin that way you are not just guiding against selling to pressure or emergency expenses but preparing for both the present and the after school life

[Gentle_Soul]

Good day, I hope everyone is well, I am making this post mainly to get some advice from you and some of my issues. A few months ago I invested my savings in Bitcoin, there is a lot of difference between the price of Bitcoin at the time I invested in Bitcoin and the price of Bitcoin at the present time, that is, the price of Bitcoin has increased a lot now. The amount of money I invested in Bitcoin, now I have some more profit added to that amount, that is, the amount of profit is quite good. I will complete my graduation after another year, my wish is that after completing graduation, instead of chasing a job, I will try to do something from my Bitcoin investment and its profit. However, the work that I was supposed to do a year later, I want to study now and I feel that if I start my work a year ago, maybe my business will gradually gain recognition from the people and after a year I will start getting a good amount of profit from this business.

The business I want to do is to build an oil factory, where all the raw materials used to make oil will be collected and the oil will be made and sold in the market.
Since oil is very important, I think I will be profitable if I can manage this business properly.

Now the main thing is that I want to sell my Bitcoin investment now and start a business with that money. Now what advice can you give me, should I hold on to Bitcoin for a longer period or should I start my business now and can you give me such advice that I can keep my Bitcoin investment and take a loan from the bank and then start a business.
I hope you will definitely help me with your important opinions.

Building wealth can be achieved either ways either by holding Bitcoin or by physical business. but talking about Bitcoin and digging deep into the rise of Bitcoin over the  years you will agree with me that Bitcoin has been on the rise over the years making it a perfect investment strategy or plan so if you invest in Bitcoin you have nothing to loose.
Also building a physical business is also a very nice business strategy or idea I will suggest that if you really want to build a physical business then start it already because you will need time to build it to stardom so for me it's a good one to start it already.
Talking about taking a loan for a physical business for me I don't think it's a good idea business might not always be profitable when started it takes time to grow a brand and make it visible you can use your Bitcoin holdings to start up a business but I will also recommend if you can use part and not all your Bitcoin holdings to start up the business.
My kind and humble oppinion

[Botnake]

For me, what makes you profitable now, focus on it. Don’t jump into another investment if you think you are still in the process of growing your investment profits. However, if you think you are already earning a massive amount, enough to sustain your other business you have in your mind, then take the other opportunity to invest and make multiple profits in the future.

But do not leave your bitcoin for the sake of a new investment. Diversify and work on it. Soon you will realize that having multiple profits are always better than a single source of income, no matter how profitable it is.

[boyptc]

Welp, this is very subjective and you'd see different opinion from each member here. And what matters for you should be the most priority that you can do.

Both can be profitable but if you're going to take some profits to do business, I think that it is a good cause and whether you win or fail with that business there is no regret afterward.

The only regret that you might think of it is about the growing value in paper of Bitcoin if you just held it.

[XOOMBOX]

Welp, this is very subjective and you'd see different opinion from each member here. And what matters for you should be the most priority that you can do.

Both can be profitable but if you're going to take some profits to do business, I think that it is a good cause and whether you win or fail with that business there is no regret afterward.

The only regret that you might think of it is about the growing value in paper of Bitcoin if you just held it.

Look, investing can be different from person to person because I think there is not one right way to invest. For some people for a long time Bitcoin holding works best and for others business or trading can make more money. In my opinion, the main thing is how much risk you can take and what your financial goals are.  Many times we lose opportunities when we think about the possible future increase in the value of Bitcoin and other cryptocurrencies. But in real trading or business you can gain both direct experience and skills that will help you create more wealth in the future.

So in my opinion, it will be valuable for one to balance both sides. Leave some of your money in crypto for future growth and put some in real business or trading so that you can earn money for your daily expenses. This way you can make profit for a long-term and in this there will be low risks.

[BRINIRHA]

The key point OP made is that he used money he hadn't prepared for the long term in his Bitcoin investment. This means he wouldn't even be prepared if Bitcoin started to experience a bearish phase again. So, if he wanted to profit now, it wouldn't be a problem. Moreover, OP had been thinking from the start about starting a business with the money.
The most important thing is how prepared OP is to build and start his business. Has he considered the risks, and does he have sufficient insight into the business? From start to finish, the oil business is actually quite complex, even though it seems simple. Therefore, I hope OP has a well-thought-out plan and strategy before starting.

However, one thing I'm considering is that if I were OP, I wouldn't sell everything right away. I would only sell enough to cover the necessary capital. And if I have a profit from the business someday, I would gradually increase my investment in Bitcoin again. And I would diversify my investments beyond Bitcoin to minimize risk.

[GeorgeJohn]

There's something I want to let you know as a beginner in cryptocurrency industry it is obvious that you have never understand the method Bitcoin and the other cryptocurrencies increases and also decreases in the market, let me tell you the price of Bitcoin has not been a constant before it always fluctuate in the market so that is why you can invest in Bitcoin today and the price increases and tomorrow after invested on it the price will decrease so the price is not stable it will always changes at any point in time and that is why we do to people to exercise patient whenever the invest in Bitcoin

[AYOBA]

Now the main thing is that I want to sell my Bitcoin investment now and start a business with that money. Now what advice can you give me, should I hold on to Bitcoin for a longer period or should I start my business now and can you give me such advice that I can keep my Bitcoin investment and take a loan from the bank and then start a business.
I hope you will definitely help me with your important opinions.

The only contribution I can add to your discussion is that since you said that it has been a while since you invested in the bitcoin and you've gotten a profit, my advice for you now is that if you are not ready to sell all the bitcoin, you can still sell half of it and start up your business and hold the remaining bitcoin for a long period of time; that is my only opinion for you, mate.

You can check other members' opinions so that you can decide which one you can go for. Because your decision still matters, but taking a loan from the bank and starting up a business is not a good idea, as you have your own money; it's just that you have invested all the money, but if that should be the case, it's better that you sell your bitcoin than take a loan from the bank.

[Makus]

No one can make this decision for you, everyone on that reads this can only offer you their advice but you are the one that should decide what to do. Evaluate your options and weigh the risks involved, starting up a business isn't always rossy especially in this economy, the cost of getting started might be triple of what you are going to budget and at the beginning phase of your investment it might take you a while to start getting profit, it can take as long as four months. You can take out part of your bitcoin investment instead of selling everything, always have a backup plan

[₿itcoin]

Now the main thing is that I want to sell my Bitcoin investment now and start a business with that money

Honestly, it’s tough but a positive place to be in ,,  kudos for already profiting off of your BTC.  In my opinion, its important to be thinking longterm here. you know, Bitcoin is still in its early days, its way too early to sell your entire stack for building a more traditional business  way too early when the probability of the next BTC pump being really big is high. Meaning, instead of selling it all potentially keep your BTC as your hard reserve &  maybe try &  get a small loan or have a few investors to help fund your business. This way you get to build something substantial &  keep your exposure to the upside. Diversify a bit, dont go all-in or all-out, my friend.

[N.O]

There's something I want to let you know as a beginner in cryptocurrency industry it is obvious that you have never understand the method Bitcoin and the other cryptocurrencies increases and also decreases in the market, let me tell you the price of Bitcoin has not been a constant before it always fluctuate in the market so that is why you can invest in Bitcoin today and the price increases and tomorrow after invested on it the price will decrease so the price is not stable it will always changes at any point in time and that is why we do to people to exercise patient whenever the invest in Bitcoin

Both can give you profit if you have some knowledge about that . People are doing trade in different things and they are happy with that because they invested a large amount of money on that And they are getting some profit from that . Trading is helpful to meet the expenses but we could lose money at any time when Market will go down and people will need more money to survive and that is possible by only trading.Investment in Bitcoin is also best option because long term investment is always in profitable And we will see high profit. Short term investment could be risky because Bitcoin is not made for short term investment and people are getting profit on the money they invested.

[bubilas]

Investing in Bitcoin or a physical business is a personal decision and you have to decide which one is applicable for you. Investing in Bitcoin is risky and you will not get a sudden profit from it, so you will not get the amount of money you spend in your daily life by investing in Bitcoin. But if you do a physical business or trading, your daily expenses or profit and loss will be calculated every day, which will not cause any problem in running your daily life. However, both can be done, especially if you invest half of the capital you decide in Bitcoin and use the remaining half to do physical trading.

That's why I'll always choose to invest in Bitcoin—it doesn't require legal complexities or accounting for all expenses for the tax year. I like that. Investing in Bitcoin also offers a percentage return on any amount, so even a millionaire can ultimately multiply their wealth. But physical trading doesn't offer such opportunities; it's fraught with complications, and if such a business expands, it requires an HR department and complexities with employees.

[hyudien]

Now the main thing is that I want to sell my Bitcoin investment now and start a business with that money

Honestly, it’s tough but a positive place to be in ,,  kudos for already profiting off of your BTC.  In my opinion, its important to be thinking longterm here. you know, Bitcoin is still in its early days, its way too early to sell your entire stack for building a more traditional business  way too early when the probability of the next BTC pump being really big is high. Meaning, instead of selling it all potentially keep your BTC as your hard reserve &  maybe try &  get a small loan or have a few investors to help fund your business. This way you get to build something substantial &  keep your exposure to the upside. Diversify a bit, dont go all-in or all-out, my friend.

OP desire to start a business is certainly commendable but sacrificing his entire Bitcoin asset to fund it isn't a good idea. Imagine if the business fails. As we know, starting a new business is no easy feat, especially if you don't have sufficient experience. Furthermore, OP wants to build an oil factory, where competition is already fierce. It takes a long time to convince customers of a new product.
Yes I agree with you. The only best course of action for OP is to find investors to fund the business so he doesn't have to sacrifice his Bitcoin asset.