Senior, one thing wey I know na say nothing is really predictable and all the opinions en mention their na good investment options any person can invest in and leave for the long run, but one year is too short to rate a good investment and to make predictions based on one year is not wise, cause even now we are not very sure that bitcoin would go up even if its what everyone and everything is pointing to, things can also go side ways, and even tesla stock could experience a major crash this year, all this are possibilities of what could happen within one year, so unless this guy one go for long term investment I go say make you commot body cause en go say na you advice am. Cause even bitcoin takes 4 years to complete a cycle, before we can actually mark its progress and one year might be bullish, another bearish and half bull and bear and so on, on after the 4 years has completed we can now say bitcoinade progress to this level or not.
So to me if en dey find quick moni under one year, I don't think any investment advice would be correct, except it happens by luck.
Topic: A year profit investment to choose (Read 178 times)
Among all wetin you mention na bitcoin I dey familiar with and talk more of the knowledge, I no fit carry my money put for wetin I no know, bitcoin wey everybody don know say na sure investment and people dey really talk about the bull market wey sure so why will I choose something else.
The money although big and with this money you fit accumulate bitcoin and during the bull market profit go surplus, now is just the right time to buy with such amount and hold, just like knowing when to buy no be only to get the money na be the problem.
The money although big and with this money you fit accumulate bitcoin and during the bull market profit go surplus, now is just the right time to buy with such amount and hold, just like knowing when to buy no be only to get the money na be the problem.
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If you invest $20k in $BTC for 1 year or invest the same amount in any of the best performing stocks, such as Nvidia, Tesla, Apple, Google, Microsoft, Meta or Amazon, which one do you think would yield more profits?
Which investment unah go like choose and reason for choosing it.
First, $20k na plenty money and I no too know much about apple, google stocks etc . So if I get this kind money as a spare cash, I go use $15k buy bitcoin hodl. The price of bitcoin dey currently around $42k, and the bull season no too far again, many people dey predict say Bitcoin go fit reach $150k. So if I set my selling price to be $100k, I go get more than double of my investment, which is good business to me. I go carry $3k buy landed property and use the remaining $2k buy promising altcoins like solana and kapas.
Let me also use this opportunity to ask our genius and our senior colleagues here whether it is better for one to invest in a Lump Sum approach or whether to invest in a DCA approach.
This question na wattin dey bring issues for some kind crypto related discussion Dem, because person wey like DCA go wan support while person wey like Lump sum go also prove em point. But the fact na be say, the both of those terms na accumulation strategy, which means investors fit decide to use anyone wey Dem like based on the wattin Dem wan use am for. I no go fit tell you say one good pass the other but based on the person financial level I fit advise make e start with lump sum, then continue with DCA. That is if the person been don already get money wey e been dey save before. But if e no get, I advise make the person just use DCA throughout. Then when the person don strong for em holding, e fit even decide to mix 2 strategies together for example, lump sum and buy the dip or DCA and buy the dip, or the mixture of any other strategy. The concept of this strategy matter na for you to use the one wey you dey comfortable with.
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If you invest $20k in $BTC for 1 year or invest the same amount in any of the best performing stocks, such as Nvidia, Tesla, Apple, Google, Microsoft, Meta or Amazon, which one do you think would yield more profits?
Which investment unah go like choose and reason for choosing it. Diversifying go also make am possible say I fit sell the other assets when them give me profits and use hold body, when we talk about diversification na assets like dis dey sweet because dem no dey correlated. While they're all stocks, they're different stocks and not in the same category. Tesla, Apple Google dem dey different categories as Apple dey phones and gadgets, Tesla dey electric car production and Google dey him own line so diversifying into this different assets go make sense pass.
No be lie sey diversification fit reduce your overall risk. Different assets dey perform differently for market, and when you mix them, you dey expose yourself to different types of potential returns. And on top that, your overall risk go reduce.
But make we remember say Diversification no be only say you buy different different assets, e also mean to mix different different types of assets, for example you fit go for Assets like stocks and bonds, na two different types of assets, and dem get different type of risk and potential for returns. Stocks dey very very volatile, meaning say their value fit dey fluctuate wella, But dem fit still get higher returns. On top bonds, dem dey less volatile, but dem get lower potential returns. By mixing different different types of assets, you fit create more balanced portfolio.
For me na Bitcoin I go recommend for per wey wan invest that kind of amount oo, because if that person fit get patience keep em investment for only two years sef e go hit better profit. Through the price dey volatile and we no go fit give 100% predictions accurately but make we get that believe say e go go up due to the law of demand and supply. Even minus the halving bull run sef, Bitcoin naim be still th best wey I fit recommend give anybody. Especially now wey the price don go down small naim be the best time to buy so that any small increase go reflect for your portfolio.
A lot of people have been talking about this bull season and many of us have also been advised to keep our finances safe so that we invest as much as possible to Bitcoin for the sake of the Bull run season.
But for me, it's still something that you need to understand and make those decisions that you are aware of. Before you start investing, make sure you understand what it means to take advantage of this bull season.
Now that people are talking about it, it is the best time for you to research more about what it means and when to put a Stop Loss to your investment.
Let me also use this opportunity to ask our genius and our senior colleagues here whether it is better for one to invest in a Lump Sum approach or whether to invest in a DCA approach.
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If you invest $20k in $BTC for 1 year or invest the same amount in any of the best performing stocks, such as Nvidia, Tesla, Apple, Google, Microsoft, Meta or Amazon, which one do you think would yield more profits?
Which investment unah go like choose and reason for choosing it. Na Bitcoin go yield more profits because na Bitcoin be the hottest assets this year but if it was any other year I for fit choose other assets. There's nothing bad in all the assets wey you list because dem good. Me sha I for like diversify and not invest all into Bitcoin so e go fit help me to hold Bitcoin well. If you invest everything inside Bitcoin e go make me want to sell while more potentially dey ahead to make better gain from hodling Bitcoin.
Diversifying go also make am possible say I fit sell the other assets when them give me profits and use hold body, when we talk about diversification na assets like dis dey sweet because dem no dey correlated. While they're all stocks, they're different stocks and not in the same category. Tesla, Apple Google dem dey different categories as Apple dey phones and gadgets, Tesla dey electric car production and Google dey him own line so diversifying into this different assets go make sense pass.
If no be say we dey halving year wey lead to the bull market, I no for insist say na Bitcoin as Bitcoin no dey normally dey profitable every year as some years e dey get as e dey be but overall sha Bitcoin potential just big as more profits can be gotten from investing in Bitcoin.
Quote from: Marykeller link=topic=5482874.msg63554186#msg63554186 [date=1706168617
If you invest $20k in $BTC for 1 year or invest the same amount in any of the best performing stocks, such as Nvidia, Tesla, Apple, Google, Microsoft, Meta or Amazon, which one do you think would yield more profits?
Which investment unah go like choose and reason for choosing it.
As for me, na bitcoin all the way. Like with $20k, you don buy half of bitcoin so(0.5). In a year time, bitcoin go fit skyrocket like madt, giving a new ATH of bitcoin wey go fit be $100k-$150k(speculated price)
Which investment unah go like choose and reason for choosing it.
As for me, na bitcoin all the way. Like with $20k, you don buy half of bitcoin so(0.5). In a year time, bitcoin go fit skyrocket like madt, giving a new ATH of bitcoin wey go fit be $100k-$150k(speculated price)
Anyone will go with the one that will make him profitable, as for me, it is only bitcoin that I prefer because I have not invested in all of the stocks you mentioned above and I don't think I will be profitable if I invest in the stock because I don't know much about it, so it is better for me to invest the $20,000 in bitcoin because I believe I will profit from it if I leave it for a long time. If you buy in bitcoin in the early months of the year and don't touch it, I'm confident you'll be profitable, even if it isn't a tremendous profit. For example if you invest in January and leave it until next year, you'll undoubtedly get reward And now that the bull run is approaching, you can make tremendous profits if you buy heavily. Is just a matter of patience because I know some individuals who invest in stocks and make a profit, Everyone's perspective is to choose what will make him profitable quickly.
$20k is for huge amount hence the most viable way would be diversifying the investment and have a split of 70% in Bitcoin and remaining 30% into the stock of bigger organizations or if we have to choose only one out of this then I would go with Bitcoin and the time we take entry into market matters the most, now it would be the right time but if someone wants to think of this investment at the peak of bull run then I would be recommending to go with the stocks as bearish run follows the bull run and it goes for more than a year hence if we invest into Bitcoin during the peak and the market shifts to bear season then our investment will be struck and we will not be able to do much in a year.
Which investment unah go like choose and reason for choosing it.
As for me, na bitcoin all the way. Like with $20k, you don buy half of bitcoin so(0.5). In a year time, bitcoin go fit skyrocket like madt, giving a new ATH of bitcoin wey go fit be $100k-$150k(speculated price)
Getting a profit of $80k + gains in a year time no be bad thing. As for other mentioned investment to make, peso no know wetin go fit trigger their price. But the case of Bitcoin we get the upcoming halving, wey be a benchmark of bitcoin to skyrocket in months time after am.
Yes I definitely get where you’re coming from and among all this assets wey you mention seriously bitcoin na the most volatile of them and if na profit none fit actually meet up with am. Imagine this amount last year January you go don get like 1 bitcoin now (@$16k price). From now till next year own na go do 2x too but that 100k-150k like next year January no too sure because we go don enter full blown bull run yet. But base on past history price fit Dey like that kind $80k so it’s still good.
But as we Dey talk of profit due to volatility Omo make we check the risk too, bitcoin fit face another challenge and he fit no raise in the next one year oo. So if that amount na something wey I not fit lose Omo ago diversify am enter other assets oo and all those ones wey they na good diversification assets
Investing in Bitcoin seems like a smart choice to me because it feels like the investment I know the most about. I like the idea of putting my money in Bitcoin because it seems simple just buy it and keep it until it's time to sell and make a profit. Plus, I think it's the easiest investment among the ones I've looked into. Privacy is important to me, and Bitcoin seems like a secure way to invest without worrying about my personal information. I've heard about something called "halving" coming up, and it makes me think that Bitcoin could be the best investment this year.I believes much in bitcoin that will make my money double or more! While other investments could also be good, I feel more comfortable and confident with Bitcoin. It just makes sense to me.
E depend sha. Just like you say him mention investment like bitcoin, stock, Tesla, Apple etc I never know how much interest go come out for stock, Apple or Tesla per year before I go jump into conclusion. No doubt Bitcoin na the best investment but even as that, E get some investment wey dey get guaranteed profit on a regular basis, till the year ends. but Bitcoin dey gain slower but em go still reach there. So if I see a place where I go be shear holder dey see money steady maybe every months end. I fit they use am dey buy Bitcoin gradually through DCA.
but if I see am Say em no dey pay like that, I go just kukuma invest am for Bitcoin just relax.
but if I see am Say em no dey pay like that, I go just kukuma invest am for Bitcoin just relax.
My brother no be bad tin you do to bring the matter here, if I dy in this kind situation, first of all as a man wey I be, if I wan invest in anything, I go first think of wetin I get knowledge of, so on that note, I will go for Bitcoin, because I get almost all the knowledge required to navigate my in the crypto space, but if i decide to go for another investment wey I no know, na to first seek knowledge first before I think of the next step to go after then, but it all depends on you, which one of them you get knowledge of.
Hello my people, happy new year to unah. Make una reason sae new year greetings don pass cos em never pass for my side since I never say happy new year to many people for this our wonderful local board. So, happy new year to everyone.
Wetin bring me to make the first post of the year na because I read for Facebook where person d ask of which available or good investment to make with $20k for one year to make better profits. Em mention investment like bitcoin, stock, Tesla, Apple etc
Which investment unah go like choose and reason for choosing it.
As for me, na bitcoin all the way. Like with $20k, you don buy half of bitcoin so(0.5). In a year time, bitcoin go fit skyrocket like madt, giving a new ATH of bitcoin wey go fit be $100k-$150k(speculated price)
Getting a profit of $80k + gains in a year time no be bad thing. As for other mentioned investment to make, peso no know wetin go fit trigger their price. But the case of Bitcoin we get the upcoming halving, wey be a benchmark of bitcoin to skyrocket in months time after am.
Wetin bring me to make the first post of the year na because I read for Facebook where person d ask of which available or good investment to make with $20k for one year to make better profits. Em mention investment like bitcoin, stock, Tesla, Apple etc
Quote
If you invest $20k in $BTC for 1 year or invest the same amount in any of the best performing stocks, such as Nvidia, Tesla, Apple, Google, Microsoft, Meta or Amazon, which one do you think would yield more profits?
Which investment unah go like choose and reason for choosing it.
As for me, na bitcoin all the way. Like with $20k, you don buy half of bitcoin so(0.5). In a year time, bitcoin go fit skyrocket like madt, giving a new ATH of bitcoin wey go fit be $100k-$150k(speculated price)
Getting a profit of $80k + gains in a year time no be bad thing. As for other mentioned investment to make, peso no know wetin go fit trigger their price. But the case of Bitcoin we get the upcoming halving, wey be a benchmark of bitcoin to skyrocket in months time after am.
As for me I w equal refer him/her to bitcoin, if truly it's ready to invest because I see that he may have lesser knowledge about it, but with much information may show interest to do that, reasoning be that only bitcoin can give almost double of this current investment within the stipulated time one year.
For me na Bitcoin I go recommend for per wey wan invest that kind of amount oo, because if that person fit get patience keep em investment for only two years sef e go hit better profit. Through the price dey volatile and we no go fit give 100% predictions accurately but make we get that believe say e go go up due to the law of demand and supply. Even minus the halving bull run sef, Bitcoin naim be still th best wey I fit recommend give anybody. Especially now wey the price don go down small naim be the best time to buy so that any small increase go reflect for your portfolio.
Hello my people, happy new year to unah. Make una reason sae new year greetings don pass cos em never pass for my side since I never say happy new year to many people for this our wonderful local board. So, happy new year to everyone.
Wetin bring me to make the first post of the year na because I read for Facebook where person d ask of which available or good investment to make with $20k for one year to make better profits. Em mention investment like bitcoin, stock, Tesla, Apple etc
Which investment unah go like choose and reason for choosing it.
As for me, na bitcoin all the way. Like with $20k, you don buy half of bitcoin so(0.5). In a year time, bitcoin go fit skyrocket like madt, giving a new ATH of bitcoin wey go fit be $100k-$150k(speculated price)
Getting a profit of $80k + gains in a year time no be bad thing. As for other mentioned investment to make, peso no know wetin go fit trigger their price. But the case of Bitcoin we get the upcoming halving, wey be a benchmark of bitcoin to skyrocket in months time after am.
Wetin bring me to make the first post of the year na because I read for Facebook where person d ask of which available or good investment to make with $20k for one year to make better profits. Em mention investment like bitcoin, stock, Tesla, Apple etc
Quote
If you invest $20k in $BTC for 1 year or invest the same amount in any of the best performing stocks, such as Nvidia, Tesla, Apple, Google, Microsoft, Meta or Amazon, which one do you think would yield more profits?
Which investment unah go like choose and reason for choosing it.
As for me, na bitcoin all the way. Like with $20k, you don buy half of bitcoin so(0.5). In a year time, bitcoin go fit skyrocket like madt, giving a new ATH of bitcoin wey go fit be $100k-$150k(speculated price)
Getting a profit of $80k + gains in a year time no be bad thing. As for other mentioned investment to make, peso no know wetin go fit trigger their price. But the case of Bitcoin we get the upcoming halving, wey be a benchmark of bitcoin to skyrocket in months time after am.
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