jockytran on Nostr: so im in a little bit of a predicament here. Me and my parents are opening a ...
so im in a little bit of a predicament here. Me and my parents are opening a restaurant and were gonna drop loads of money on it and its pretty much a make or break situation but now im worried if this is a mistake and if we should just be using the money to just buy bitcoin and hold for the next several years (maybe 6-10 years) becuz im confident bitcoin will goto 1 Million + dollars. What do you think about this situation? id love to hear your opinion on it. its got me thinking alot and the thing is, my parents are kind of old school and dont truly understand bitcoin. They still care about traditional banking stuff like credit score etc etc. Im more of a new school type thinker and i kind of hate the fiat-traditional banking system and i love bitcoin. I feel torn about what to do and im worried if my parents are making a mistake by not just holding bitcoin. Its their money tho so i cant really tell anyone what to do with their money but at the same time i know that bitcoin will continue to rise and its less work than running a business becuz we just need to hold the coins.
Published at
2024-05-21 04:32:01Event JSON
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"content": "so im in a little bit of a predicament here. Me and my parents are opening a restaurant and were gonna drop loads of money on it and its pretty much a make or break situation but now im worried if this is a mistake and if we should just be using the money to just buy bitcoin and hold for the next several years (maybe 6-10 years) becuz im confident bitcoin will goto 1 Million + dollars. What do you think about this situation? id love to hear your opinion on it. its got me thinking alot and the thing is, my parents are kind of old school and dont truly understand bitcoin. They still care about traditional banking stuff like credit score etc etc. Im more of a new school type thinker and i kind of hate the fiat-traditional banking system and i love bitcoin. I feel torn about what to do and im worried if my parents are making a mistake by not just holding bitcoin. Its their money tho so i cant really tell anyone what to do with their money but at the same time i know that bitcoin will continue to rise and its less work than running a business becuz we just need to hold the coins.",
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