Quote from: Roseline492 on Today at 04:30:17 PM

Quote from: Smilevictorobinna on Today at 02:44:07 PM

Now in your country if you are being paid N150k a month investing N30k every week will it still be seen as aggressive investment or not I think it will be.
I gave example of dollar and I think it should be viewed in your own individual countries.

Is obviously an aggressive investment because like you said if you are being paid N150k on a monthly basis and you decided to invest N30k on a weekly basis there is a higher chance that you could run into trouble on the process because for instance the total money is N150k and weekly accumulation is N30k so that means N30k*4=N120k for four weeks and you will be left with only N30k so you can see that is obviously an aggressive investment because there is no way N30k will be able to serve you till another month when perhaps you have a family.

Preferably since you are earning N150k on a monthly basis you could draw your investment calendar that from the N150k you will be investing N10k on a weekly basis and you will see that the total amount you will spend on the four weeks will be N40k while you will still have N110k remaining on your balance, with this way you will hadly be affected on the process.

Smilevictorobinna stated clearly in his example that the 30k investment is a monthly investment in bitcoin and not a weekly investment. The N30k monthly investment in bitcoin is not aggressive investment because N120k is enough to cover the investor's daily expenses until he or she receives another salary. Do not also forget that before the investor starts his or her Bitcoin investment, he or she has kept emergency funds that can last him or her for three months, reserved funds, and float. All these funds will assist the investor in solving any financial problems that his monthly salary can't solve, and the financial problem that's at hand will determine if the investor will use emergency funds, reserved funds, and float to solve the problem. That is why it is important to readily make available emergency funds, reserved funds, and float so that you will see what to use to solve your unforeseen problems whenever they arise and you will not depend on your bitcoin investment to solve them.