Post
Topic
Board Nigeria (Naija)
Merits 1 from 1 user
Re: What to do with 1 BTC as a Nigerian
by
Y3shot
on 13/10/2024, 15:41:00 UTC
⭐ Merited by GiftedMAN (1)
It's no news that the economy of our country is draining day by day, leading to more Bitcoin advocates in the country. With the continuous hardship in the country, I bring to y'all this topic " what to do with 1 BTC as a Nigerian".
If I don't invest it in bitcoin I will invest it into what I know Nigerians can't do without in this hardship. Even if I buy a car with the money I don't think it will be the best because of cost of petrol,  even if I want to use for a transportation business,  with the price of petrol I may not meet up to cover other expenses to maintain the vehicle.  Even if I want to go into real estate I don't think it will be best for me because of the cost of materials to build.  Every Nigerian is thinking of how to survive,  so I think food stock would be the most profitable business to go into now.
This is not a time anyone can just start up any business, because of inflation if you go into business that or investment that you don't have good understanding about you can easily lose.