How would you invest N100,000? | Bitcointalksearch.org

blackened515

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Quote from: Wiwo on July 09, 2023, 06:50:33 AM

The truth is that that amount is too small for any risk category investment and the only means of making profits through such an amount is by gambling which is the highest form of risk., or better still you can use that amount to buy Bitcoin or any other cryptocurrencies that have food potential and hole for a long time in other to get the best out of your risk investment.

But also note that if you are optioning in for Bitcoin against other investments and with such a small amount you must be willing to hold for a long time, in other to get the best possible profit.

No amount is small to start an investment in the market, we just have to be emotional stable and follow the right strategy to make gigantic profits from the market, but also bear in mind that the market is filled with volatility and risks, which we're willingly to take without a second thought. N100,000 is a small capital compared to whale investment in the market. We need atleast N500k to start to invest in the market, although it's still not going to be enough, because it's definitely not one coin we will buy, rather stock our portfolio with different promising altcoins.

Frankolala

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Omo, this question dey burst brain because he no easy as we dey talk am. If na people like us wey dey this forum and dey participate for signature campaign na e we go fit invest the 100k for cryptocurrency because we get another source of income.

If I get 100k, I go buy only bitcoin,since I get the strong belief and rest of mind say bitcoin go give me profit at the long run. Bitcoin just be like say you go put your money for fixed deposit and you dey assure say profit go come base on you and the bank manager agreement on how many percent interest wey your money go yield annually. Life dey very easy when you dey the right place so I no go come dey stress myself to go dey invest for coins wey I go dey monitor and dey fear say e fit depreciate anytime.

Wiwo

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The truth is that that amount is too small for any risk category investment and the only means of making profits through such an amount is by gambling which is the highest form of risk., or better still you can use that amount to buy Bitcoin or any other cryptocurrencies that have food potential and hole for a long time in other to get the best out of your risk investment.

But also note that if you are optioning in for Bitcoin against other investments and with such a small amount you must be willing to hold for a long time, in other to get the best possible profit.

Charles-Tim

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Quote from: Forever101 on July 09, 2023, 01:46:13 AM

Quote from: CryptocurencyKing on May 08, 2023, 05:28:53 AM

Lik my man Sabinus, I go jst fine better 2 odd way sure wella, carri d N100k knack am. Once e enta, evrywher go jst dey stew. U knw dis matters na Wink

What if it does not work as you think, it means you are going to loose everything.

First, what if it works the first time? That does not mean it will not enliven the gambler. But he will definitely want to bet again and again. Likely he will end up with losses. I have heard and read about related painful stories before.

Second, gambling is not investment. This thread should solely be about investment. Anything like gambling or trading should be ruled out.

Forever101

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Quote from: CryptocurencyKing on May 08, 2023, 05:28:53 AM

Omo d analysis u don giv already plenty. All dis medium risk, low risk nd high risk, dem all na d same tin. Dat money no touch anywher wth d way gins b now. E no evn dey enof 2 run POS business cef.

Lik my man Sabinus, I go jst fine better 2 odd way sure wella, carri d N100k knack am. Once e enta, evrywher go jst dey stew. U knw dis matters na Wink

Na 2 mak sure say d moni no b borrowed money shah.

What if it does not work as you think, it means you are going to loose everything. Well that's no a good way to start. I rather suggest that the person should understand bitcoins, Decentralized exchange, centralized exchange, how to transact, deposit , withdraw and read charts and also understand Bitcoin halving and the history of bitcoins price movement. This can put him in better position to understand when to be expectant of profit and how to take profit. Investing 10% on an annual basis is nothing but a waste of time, profit generated will not amount to anything.
If the op understand the halving of a thing, he can look for a small business like buying red oil when cheap and reselling when high to ncrease the money which he can now invest in bitcoins when the halving period is closer. By the time he is investing in bitcoins , he will be having roughly 500k to 600k depending on the time frame

CryptoHeadlineNews

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Quote from: Davidvictorson on May 07, 2023, 01:21:21 PM

How would you invest N100,000? Break it down into 3 categories - Low risks, medium risks, and high risks investments.

100k naira no be big money oh, and at the same time eh no be small money too, so if I happen to get that 100k as my capital to start any business, wetin I go do na to enter market buy few Okrika first-class or second-grade clothes (i.e O.K clothes) for selling, con dey post am for my WhatsApp status for advertisement. Or buy oil perfume for selling, because I see say that one dey move market wella too even without you having a store or a place of your own.

Out of mind

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If I had N100000 I would be particularly interested in investing it to grow. I will take such a reflection that I can get good amount of profit from it. First of all before investing I need to understand the volatility of the market otherwise I must face high risk. For a person to increase profits by investing, he needs special experience to make use of that experience to earn from investing. We must be aware of the risks before investing. It is better to invest with less risk if you invest in the first stage and later if you get profit by investing then moderate the amount of risk. And when I get good profit by investing with full experience then I will definitely try to take higher risk where more profit can be achieved. And in this way, if you use your own experience and invest patiently, then it is definitely possible to turn small money into more money through risk.

Buddyspa

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100k is not that, if I have I will use to trade P2P trading on binance. Have done it before and I gain, so I can do it again.

Liliana1304

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Omo this money large o! Even if some people for here regard am as small moni, that na somebody prayer. If na me get that kind moni to take invest, dis na wetin I go carry am do;

- I go use the whole tin buy musical equipment accessories. Better gain dey that tin and e go thrive as wit d fact say churches don dey open in most places, Dem go need some of dis tins...or, I go

- use 50% invest in palm oil trade as enough gain dey there. I for invest in Bitcoin but I never too sabi that side.
- then use the remaining 50% start small POS business. This to me na medium risk investment and i know say no business no dey without en own risk and losses but yet e better to start somewhere than to complain say e no go dey eenough.

cytpoway121

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Quote from: Davidvictorson on May 07, 2023, 01:21:21 PM

If you have N100,000 how would you invest it? H

Well, don't be harsh on me haha. theres literally no investment you can make with 100,000N; I have tried to think about it but i cannot process it thoroughly.

Do you want to go into retail sales? Factor in inflation and low spending power; do you think it is sustainable idea?
Do you want to try crypto currency investment? convert it and its $140+, what are you going to buy with that amount in the crypto space that won;t be funny, btc? eth ?
Do you want to save it into Vbank (one of the best savings bank in the country)? even at that savings works best with high deposits

In situations like this with 100k; just buy food or save with vbank (the interest rate would wow you, you can read up on this)

Cryptomultiplier

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It is agreeable that #100k is a rather small amount in this current economic conditions. To consider a huge profit from any investment it is put into is expecting too much also.
While this is true, if someone already has the right knowledge in let's say crypto trading and investment, forex, digital graphic skill, vocational skill, or any other great practical skill that has the potential to yield profits with consistent effort; this #100k could go along way in advancing this course.

For me I would invest #100k in this manner;
*Buy BTC and trade, if I have the knowledge or HoDL trying out a DCA strategy till after the halving with 40%.
*Get an affordable equipment/tech piece for online business with 30%
*Use 20% to stock up on utilities, toiletries and groceries mostly in this weather of constant rain, while the balance 10% goes to savings.

Chris44521

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Quote from: Gozie51 on May 13, 2023, 10:24:30 AM

Quote from: CryptopreneurBrainboss on May 12, 2023, 06:11:11 PM

Quote from: Smartvirus on May 12, 2023, 03:01:16 PM

If we reason am for those way dey do from hand to mouth kind of lifestyle and them go like invest that money; crypto no be option o. How long you wan wait kwanu? You no go even fit reason trading because, 2sec them fit collect all from your hand. One place way I feel say gor nice for hand to mouth people na on food.

All these people way dey cook food for student environment. Once your cooking nice, people go patronise you and you grow from there.

You dun think about the disadvantage for food business. What if one day people die from eating at your restaurant wey fit be your fault or not. You dun lose customers be dat oh that's if dem go allow you to dey sell there again. Food business sure but stress dey am and sometimes the profit no go come out due to increase in food items for market. If you ask me make I choose I go prefer investment wey go bring capital gain then restaurant wey go bring cash flow although cash flow dey very necessary for life.

Right from time me dey like capital gains that's why I dey find am very difficult to do manual businesses. Anything wey get to do with business with me, I dey like am online wey be say me fit manage am without leaving my bed. I no like too much stress although I get your point very well but the house , how una see am. Make una forget say una dey Bitcoin forum. Make we talk like brothers for here, between crypto investment and that fast food establishment wey our brother dey reason. Which one for sure pass no forget the budget wey dem give us above oh.

First, make we leave that said say person fit die after eating the food because chances say that one go happen dey small. So I know think say the risk wey dey inside food business high pass crypto investment and again the time to enjoy crypto investment fit still long pass food business especially if na hodl you dey hodl and the guarantee self na for few coins as we know like BTC, Eth or maybe BnB, usdt and very few more. But the risk for food own be say food fit sour if customers no come but at all at all, na chop dem go chop am before e go sour or spoil.

However if we dey talk about ROI and the stress involved, Omo nothing pass make you dey your bed dey press oo. Make una no misunderstand the press wey I mean but if you dey house dey control your business online, na heaven for inside earth be that oo. Na who dem put sugar for him mouth wey vomit am ? Abi na who stress help?

Note: Regards to Op question, me I go put 90% for crypto and inside that 90% , bitcoin go collect 60%, Eth 15% and BnB 15%. The remaining 10% from the 100k go be for miscellaneous Grin

Meanwhile 100k no big to invest for Nigerian economy except you be artisan wey need to buy small small hand machines.

Na only Nigerian understand Nigeria, 100k na small money but fit start something in the digital world than the physical Shege country we dey. Abeg why una no get topics of how person fit start investing in Nigeria here. Me as i dey here now bitcoin never pay me o and i wun start to dey cash out before Nigeria choke person eyes comot for plug. Abeg who fit carry me along.

Gozie51

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Quote from: CryptopreneurBrainboss on May 12, 2023, 06:11:11 PM

Quote from: Smartvirus on May 12, 2023, 03:01:16 PM

If we reason am for those way dey do from hand to mouth kind of lifestyle and them go like invest that money; crypto no be option o. How long you wan wait kwanu? You no go even fit reason trading because, 2sec them fit collect all from your hand. One place way I feel say gor nice for hand to mouth people na on food.

All these people way dey cook food for student environment. Once your cooking nice, people go patronise you and you grow from there.

You dun think about the disadvantage for food business. What if one day people die from eating at your restaurant wey fit be your fault or not. You dun lose customers be dat oh that's if dem go allow you to dey sell there again. Food business sure but stress dey am and sometimes the profit no go come out due to increase in food items for market. If you ask me make I choose I go prefer investment wey go bring capital gain then restaurant wey go bring cash flow although cash flow dey very necessary for life.

Right from time me dey like capital gains that's why I dey find am very difficult to do manual businesses. Anything wey get to do with business with me, I dey like am online wey be say me fit manage am without leaving my bed. I no like too much stress although I get your point very well but the house , how una see am. Make una forget say una dey Bitcoin forum. Make we talk like brothers for here, between crypto investment and that fast food establishment wey our brother dey reason. Which one for sure pass no forget the budget wey dem give us above oh.

First, make we leave that said say person fit die after eating the food because chances say that one go happen dey small. So I know think say the risk wey dey inside food business high pass crypto investment and again the time to enjoy crypto investment fit still long pass food business especially if na hodl you dey hodl and the guarantee self na for few coins as we know like BTC, Eth or maybe BnB, usdt and very few more. But the risk for food own be say food fit sour if customers no come but at all at all, na chop dem go chop am before e go sour or spoil.

However if we dey talk about ROI and the stress involved, Omo nothing pass make you dey your bed dey press oo. Make una no misunderstand the press wey I mean but if you dey house dey control your business online, na heaven for inside earth be that oo. Na who dem put sugar for him mouth wey vomit am ? Abi na who stress help?

Note: Regards to Op question, me I go put 90% for crypto and inside that 90% , bitcoin go collect 60%, Eth 15% and BnB 15%. The remaining 10% from the 100k go be for miscellaneous Grin

Meanwhile 100k no big to invest for Nigerian economy except you be artisan wey need to buy small small hand machines.

Charles-Tim

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Quote

- N10,000 will go into high risk Bitcoin...

If you have the knowledge to speculate excellently, that will be when you will know that bitcoin is not that high risk at times as some people may say. Example is the time like this when bitcoin price has fallen very well, I will prefer to invest 70% on bitcoin and use 30% to gamble on altcoins. It is not an advice for newbies.

CryptopreneurBrainboss

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Quote from: Smartvirus on May 12, 2023, 03:01:16 PM

If we reason am for those way dey do from hand to mouth kind of lifestyle and them go like invest that money; crypto no be option o. How long you wan wait kwanu? You no go even fit reason trading because, 2sec them fit collect all from your hand. One place way I feel say gor nice for hand to mouth people na on food.

All these people way dey cook food for student environment. Once your cooking nice, people go patronise you and you grow from there.

You dun think about the disadvantage for food business. What if one day people die from eating at your restaurant wey fit be your fault or not. You dun lose customers be dat oh that's if dem go allow you to dey sell there again. Food business sure but stress dey am and sometimes the profit no go come out due to increase in food items for market. If you ask me make I choose I go prefer investment wey go bring capital gain then restaurant wey go bring cash flow although cash flow dey very necessary for life.

Right from time me dey like capital gains that's why I dey find am very difficult to do manual businesses. Anything wey get to do with business with me, I dey like am online wey be say me fit manage am without leaving my bed. I no like too much stress although I get your point very well but the house , how una see am. Make una forget say una dey Bitcoin forum. Make we talk like brothers for here, between crypto investment and that fast food establishment wey our brother dey reason. Which one for sure pass no forget the budget wey dem give us above oh.

Dr.Bitcoin_Strange

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Someone who knows how to produce liquid dishwashing, handwashing, car wash, and body wash soap can invest like #50k in it. For someone who doesn't know how to produce the soaps, they can still learn it on YouTube.

Then the person can invest like #20k into the cultivation of Irish potatoes in just some plastic sacks in your compound or in an open space.

Then you can invest the last #30k into airtime VTU and data top-up. It's so favorable to me that I suggested possible means of investing the money into those classes of businesses, but it will really generate more profit if those businesses are handled efficiently. It will generate more profit than just saving #50,000 and expecting 10%, which is just #5000 (lol).

Who can manage #5k for three or even two days in Nigeria?

Smartvirus

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Quote from: CryptopreneurBrainboss on May 08, 2023, 05:30:34 PM

Quote from: Davidvictorson on May 07, 2023, 01:21:21 PM

If you have N100,000 how would you invest it? Here is what someone recommended based on their own experiences, knowledge etc. They broke it down into 3 categories - Low risks, medium risks, and high risks investments. Continue reading . After reading it, I'd like to read your recommendations too.

How would you invest N100,000? Break it down into 3 categories - Low risks, medium risks, and high risks investments.

Who dey say #100k too small, I hope say una know say minimum wage for the country na #30k and we get people wey no fit saved out #100k at the end of the year if not for other side hustle wey dem fit dey do. I dey see say crypto dun spoil una to the extend una no dey value Nigeria money again. If #100k too small carry am enter street and dash 10 people #10k then watch the joy wey go dey dem faces when they received that money wey be just 10% of wetin una dey talk say too small.

Real matter o, e get many for the country way no dey archive am before the year run out but, that no mean say, the money plenty shah. The devaluation of naira don make #100k common for eye and crypto don spoil people wella, that one na true. Na why many people and this one no be just within our people but, the world dey reason am like one get rich quick scheme.

Quote from: CryptopreneurBrainboss on May 08, 2023, 05:30:34 PM

If na only #100k I get to invest, and I need divide am into 3 ways as you talk see as I go do am. 50% go into crypto investment wey I go consider high risk and I no go buy Bitcoin. I go closed eye put am for any of those these two altcoins wey I know say my money no fit loss anyhow like BNB or Ethereum. The target go be to get like 10x for this coins or atleast 5x go possible before next bull market finish wey go make that 50k either 250k or 500k.

If we reason am for those way dey do from hand to mouth kind of lifestyle and them go like invest that money; crypto no be option o. How long you wan wait kwanu? You no go even fit reason trading because, 2sec them fit collect all from your hand. One place way I feel say gor nice for hand to mouth people na on food.

All these people way dey cook food for student environment. Once your cooking nice, people go patronise you and you grow from there.

Mr.suevie

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Quote from: MainIbem on May 07, 2023, 04:51:43 PM

I don't actually see what he explained to make sense to me why because he turned everything upside, I don't think 100,000 Naira is huge enough for one to invest common 10k into Bitcoin, why not invest 60k or 70k into bitcoin and leave it for about 1 year considering the halving at hand. Well in my summary, I think the writer is a novice and never had a good knowledge towards bitcoin, for leaving what would change his life for good. To me I don't mind investing the whole lot of 100k into bitcoin than putting it elsewhere.

First you have to considered how exposed the person is when it comes to cryptocurrency especially bitcoin and how he or she feels about it to have invested so little in it. But its still not bad as you can still go with DCA strategy if you want to top the investment but if am the op like you have already express, I don't mind putting all the cash for the crypto investment but there is one thing again how long is the person willing to hold this investment?

Broadanbig

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OP, if I see this kind money now ehn, I go reason am very well o. As e dey now that money get strong value just as CryptopreneurBrainboss talk. E get where you go enta give person #1k, the person go pray for you with utmost sincerity. Things dey happen o. As you dey sleep wake up dey see food chop make you thank God o because e get some people wey no get that privilege to even see chop sef. Not to talk of seeing work to get small thing do.
Things are happening. If there is any way you can help people around you whom you know are not really well to do please help them.
Sorry I didn't write about the topic tough but I felt it when I saw this topic. I had to say something about the happenings and the reality of life in this part of the world.

Marykeller

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Quote from: CryptopreneurBrainboss on May 08, 2023, 05:30:34 PM

Quote from: Davidvictorson on May 07, 2023, 01:21:21 PM

If you have N100,000 how would you invest it? Here is what someone recommended based on their own experiences, knowledge etc. They broke it down into 3 categories - Low risks, medium risks, and high risks investments. Continue reading . After reading it, I'd like to read your recommendations too.

How would you invest N100,000? Break it down into 3 categories - Low risks, medium risks, and high risks investments.

Who dey say #100k too small, I hope say una know say minimum wage for the country na #30k and we get people wey no fit saved out #100k at the end of the year if not for other side hustle wey dem fit dey do. I dey see say crypto dun spoil una to the extend una no dey value Nigeria money again. If #100k too small carry am enter street and dash 10 people #10k then watch the joy wey go dey dem faces when they received that money wey be just 10% of wetin una dey talk say too small.

If na only #100k I get to invest, and I need divide am into 3 ways as you talk see as I go do am. 50% go into crypto investment wey I go consider high risk and I no go buy Bitcoin. I go closed eye put am for any of those these two altcoins wey I know say my money no fit loss anyhow like BNB or Ethereum. The target go be to get like 10x for this coins or atleast 5x go possible before next bull market finish wey go make that 50k either 250k or 500k.

Na when peso broke na when em go know the value of the little Nigeria money wey em d see for hand and how valuable it is.

It is true sae crypto don spoil many of us for head for us to take 100k as small change. I remember when peso no d see change for pocket, any small amount like 10k wey em see, em go last for am for weeks before em go finish. But nowadays peso don the think anyhow like sae 100k don become small change for hand.

As em d now, em no go make sense of me to think sae 100k na small change no matter how em d see money. Imagine if peso carry that 100k put am straight into altcoins wey get potential and leave am there till bull run start. Imagine how em go be nah. Peso go blow be that nah.

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