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Author Topic: What will your advice be?  (Read 40 times)
Coin_info (OP)
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Today at 12:13:01 AM
Last edit: Today at 12:36:19 AM by Coin_info
 #1

This is not a real situation, but just say someone needs your advice, and has a good amount of money that can start up a profitable business that will bring in a steady in flow of income, and then the person is wanting to invest all the money in bitcoin, what will your advice be?

Before you share your advice, I want you to know that I want the answer to be one that shows your opinion on which investment should come after the other, not comments like
(a) It depends on if the person is good in business, because like I said, it is not a real situation, and in this situation I have created, the person is good in business and the business is actually one that has a high profit potential.
(b) Invest some in business and then some in bitcoin, because I want your opinion to be on one fully as the investment suitable to come first.


My advice will be to start up the business as the first investment and then invest the profit from the business into bitcoins following, I will not allow my love for bitcoins blind me from seeing that a business will pay better and well first than bitcoins, what will your advice be?

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SatoPrincess
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Today at 12:31:14 AM
 #2

You can’t ask a question and then ask us to respond a certain way. It doesn’t seem like you really want to hear our opinions because option B looks like something many people on this forum would go for. That being said, I agree with starting a business first, and because of the cash flow your business generates, you can accumulate bitcoins overtime using dca method.

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Coin_info (OP)
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Today at 12:34:26 AM
 #3

You can’t ask a question and then ask us to respond a certain way. It doesn’t seem like you really want to hear our opinions ...
Oh sorry about that, I should edit my post then, so I can have more views. Thank you very much
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