Quote from: Y3shot on Today at 03:41:00 PM

Quote from: Bitco55 on October 28, 2023, 06:20:52 PM

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.

As you talk am nah him be the best oo, we are talking of approximately 105 million naira, ahh that money will go a long way in food product, all you need to do is to become a whole-seller or a retailer but you still need to go get some knowledge about it because if not all good products that will yield a very good profit. Still in the food product you can still buy and not sell, because the cost of food have made some Nigerians avoid other food products like noodles, in some regions rice, beans, and yam while in some regions they still have the higher demand of this things. So in any business it will not be that easy as expected, but you go get better business with that amount, one bitcoin is now a huge amount of money in Nigeria.