If you had $25k and wanted to leave your job
Would you …
A) use the money to start a business
or
B) buy bitcoin and stay at your job
#asknostr
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Replies (10)
B. The chances of a successful (and ethical) business in fiat world are near zero, and they wouldn't outperform bitcoin.
Like most investment questions, this comes down to risk tolerance.
As volatile as bitcoin can *still* be, it’s likely less risky than your own venture.
If you’re young and can take the blow, or you’re not paid very much at your existing job, the risk of the venture is far less.
If you’re older, in a high paying job, you’re likely better off buying corn and waiting 3-4 years (not that $25k will do much in 3-4 years, even with a 50% CAGR).
Caveats abound.
B
If you're living off the $25k while you make your business profitable, A.
If it's just a capital investment, probably B.
I decided to buy Bitcoin and stayed in my job because it paid so fucking well.
Meanwhile I started to train my DIY skills.
Buy BTC. The business can not surpass BTC CAGR.
are doing what you love?
No it at all but I am not sure what that would be anymore
If you cant outpace btc with your product or service id buy and adopt
Personally, I’d lean toward stacking Bitcoin while using the job to fund skills and side projects. That way you keep optionality, Bitcoin as a savings vehicle, and business ideas you can test without burning the lifeboat too early.