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Topic: Diversification is the only solution now (Read 64 times)

full member
Activity: 224
Merit: 195
March 02, 2024, 02:14:39 AM
#9
People should not get this wrong, Buying and holding Bitcoin is not a job to fit in your monthly survival neither is day to day trading a good source of income. At first, if you don't have a job how did you get the money to invest? okay, as the bull run is here and most people who invested at the very bearish market must have made a lot of money and with intentions to quit their job that becomes a crazy move as all these are just alternate sources of getting money aside a paying job or business.
hero member
Activity: 616
Merit: 509
Top Crypto Casino
March 01, 2024, 06:29:37 PM
#8
Thier is no need to write any long episode about this yearly occurrence happening in this country cause if it's not this problem another will find it way to us and in one way or the other, our financial life is always threatened.

Naira scarcity came and business people suffered and most of them went bankrupt. end sars, covid, and the whole luckdown saga rendered somany people in the transportation sector clueless because most of them where depending on that single area of income.

For those that have invested for long, the market is already bullish and some might have reached thier profit point and would have collected or thought of selling Thier holding maybe to reinvest it during the bearish period but I just want to say that considering the current reality, it's best we invest partly into an online asset and partly into a physical asset or business so in the event that we can't continue with our physical business on a temporary bases, we just face the online one and if the only one is facing de minor challenge as this, we face the physical business so we don't allow minor issues as this to always give us serious heart attach.


Before you even start to hold any cryptocurrency it's advised that you have a source of income either from your work or business, so you don't get stranded in your accumulation journey. So having a source of income is the first and most important thing because without that there is no holding, those into business are already in track while those into monthly or weekly work should also get themselves a small business in addition, no amount is sufficient enough to be satisfied with without searching for more.
If you start to hold Bitcoin as investment means without getting a tangible job is called an Hippocratic act because me and you know say saving money continue no dey easy and na only person wey don understand him self na fit run this matter because if you no get job wey dey sustain you then you go surely go back to touching your coins because e no dey easy and na why e dey always advice to actually get a good source of job because jumping to accumulate Bitcoin.
member
Activity: 196
Merit: 25
★Bitvest.io★ Play Plinko or Invest
March 01, 2024, 02:34:22 PM
#7
Di Koko of di matter be say as di country be now, make we no just depend on only one source of income, because as di prices of goods and services de high everyday, money no de reach again, so diversification na good idea as di country be now. To invest in Bitcoin de very good, as di capital wey you take invest in am go de increase in value, so far you go leave am on long term, but dat one no go put food for your table everyday, therefore if e de possible make person get one side hustle take de support im income to fit survive for dis our economy. 

 You have said it all I would not want to stress the issue everyone know that the nation both economy and everything is not going well mostly their policy and the way our leaders seem to have no hope or plan to remedy the situation of our economy.Hoping and relying on one source of income is the worst of anyone.
Diversification is always the way out must not required mush financial investment, example one can invest in small scale farming to cut down some food items in which he spend money on in a small piece of land and paid the labourer at the end gain more that buying everything why he save from the main investment.

full member
Activity: 266
Merit: 113
March 01, 2024, 02:26:01 PM
#6
If you go de put all your money for one sector, Na die you want die be that Na. You see say most of the people and businesses when de suffer well well for this country Na people when be say Na just one thing them de do and when problem burst out for that sector e go choke them wetin no nice.

I have seen a  man that had a big supper store that was booming and no one ever thought they could become poor overnight and they just concentrated all Thier resource into the business but during a protest they the shop was burnt down and that was the end of all his wealth.

This advice legit and as we de work, make we create different means when we fit de put our money into when no de all that related so in case of emergency problem we go still de safe.
sr. member
Activity: 266
Merit: 217
March 01, 2024, 01:55:09 PM
#5
Thier is no need to write any long episode about this yearly occurrence happening in this country cause if it's not this problem another will find it way to us and in one way or the other, our financial life is always threatened.

Naira scarcity came and business people suffered and most of them went bankrupt. end sars, covid, and the whole luckdown saga rendered somany people in the transportation sector clueless because most of them where depending on that single area of income.

For those that have invested for long, the market is already bullish and some might have reached thier profit point and would have collected or thought of selling Thier holding maybe to reinvest it during the bearish period but I just want to say that considering the current reality, it's best we invest partly into an online asset and partly into a physical asset or business so in the event that we can't continue with our physical business on a temporary bases, we just face the online one and if the only one is facing de minor challenge as this, we face the physical business so we don't allow minor issues as this to always give us serious heart attach.
This country dey very free with everyone and the leaders of this country no dey fear to come out any day to come tell us anything. Just as how somebody from government house go just come out tell us say snake done swallow money or say fire done catch documents wey dey for office. This country na cruise, but the most important thing be say make we always put hands for important things we go fit fetch us enough money daily or monthly. Nowadays people no dey always put monthly salaries for mind again because e no dey reach again, many jobs dey wey be say before the month go end just like before salary go come, some of the workers go don borrow their salary finish. How person won take dey save money for this country sef? Many salary earners them nah the money wen them done save for the better times nai them dey spend for this hard time.
full member
Activity: 364
Merit: 220
Eloncoin.org - Mars, here we come!
March 01, 2024, 01:37:09 PM
#4
Di Koko of di matter be say as di country be now, make we no just depend on only one source of income, because as di prices of goods and services de high everyday, money no de reach again, so diversification na good idea as di country be now. To invest in Bitcoin de very good, as di capital wey you take invest in am go de increase in value, so far you go leave am on long term, but dat one no go put food for your table everyday, therefore if e de possible make person get one side hustle take de support im income to fit survive for dis our economy. 
full member
Activity: 196
Merit: 123
March 01, 2024, 12:45:18 PM
#3
Brother, that one na normal thing wey person wey dy think sopos dy do by now, because before you even think of investing, you sopos know say you need a source of income wey go dy keep you going till ur business start to dy bear fruit, and it's not good to put ur full hope on a single income, just imagine if our government short down anything crypto in this country and we no get access to transact again, people wey no get another thing doing go just dy stranded, so it very important say we get another thing wey dy give us money aside crypto.

Lastly, it's very important that even though you dy see a lot of money in crypto, as a wise man, you no sopos dy idle, because as a man wey we be, it's very important say we dy busy, because an idle man is a devil work shop.
full member
Activity: 266
Merit: 187
Bitcoin!!
March 01, 2024, 12:17:27 PM
#2
Thier is no need to write any long episode about this yearly occurrence happening in this country cause if it's not this problem another will find it way to us and in one way or the other, our financial life is always threatened.

Naira scarcity came and business people suffered and most of them went bankrupt. end sars, covid, and the whole luckdown saga rendered somany people in the transportation sector clueless because most of them where depending on that single area of income.

For those that have invested for long, the market is already bullish and some might have reached thier profit point and would have collected or thought of selling Thier holding maybe to reinvest it during the bearish period but I just want to say that considering the current reality, it's best we invest partly into an online asset and partly into a physical asset or business so in the event that we can't continue with our physical business on a temporary bases, we just face the online one and if the only one is facing de minor challenge as this, we face the physical business so we don't allow minor issues as this to always give us serious heart attach.


Before you even start to hold any cryptocurrency it's advised that you have a source of income either from your work or business, so you don't get stranded in your accumulation journey. So having a source of income is the first and most important thing because without that there is no holding, those into business are already in track while those into monthly or weekly work should also get themselves a small business in addition, no amount is sufficient enough to be satisfied with without searching for more.
member
Activity: 154
Merit: 84
★Bitvest.io★ Play Plinko or Invest!
March 01, 2024, 11:49:03 AM
#1
Thier is no need to write any long episode about this yearly occurrence happening in this country cause if it's not this problem another will find it way to us and in one way or the other, our financial life is always threatened.

Naira scarcity came and business people suffered and most of them went bankrupt. end sars, covid, and the whole luckdown saga rendered somany people in the transportation sector clueless because most of them where depending on that single area of income.

For those that have invested for long, the market is already bullish and some might have reached thier profit point and would have collected or thought of selling Thier holding maybe to reinvest it during the bearish period but I just want to say that considering the current reality, it's best we invest partly into an online asset and partly into a physical asset or business so in the event that we can't continue with our physical business on a temporary bases, we just face the online one and if the only one is facing de minor challenge as this, we face the physical business so we don't allow minor issues as this to always give us serious heart attach.
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