Quote from: DubemIfedigbo001 on July 14, 2025, 12:22:12 AM

Quote from: Israelgogo on July 14, 2025, 12:13:41 AM

Thinking alot and is really affecting me because I don't actually all the resources need to market the trading but then am reasoning between physical business or BTC trading which 1 million naira capital will fits in for better returns after a while. The question is will 1 Million naira make good results in btc trades now, or investment of btc?

The first question would be:
Are you good in trading? If NO, then don't dream of venturing into it because it's a very risky adventure and you can loose your capital in a twinkle of an eye. If YES, then proceed with caution.

For the Bitcoin investment, are you willing to go for a long-term? If Yes, then proceed to invest, if NO, then you may avoid it so that you don't sell in loss when you eventually need the funds within a short while. It's right to invest into Bitcoin with your discretionary income and not income you'll be needing soon for your living expenses or other concerns.

Very nice dilemm, I would say 1 million naira probably dollar 1200 could worked mate, however it is your approach what decide will you be succeed or not. for skilled trader it is not impossible to generate profit even from smaller cash. If you come to bitcoin trading then you should be aware about risk management, proper reacherch, stop loses also position sizing. If you f you are not skilled trader i always suggest be a strong Hodler it is safe bet, invest and think it is retirement money so that you could hold on through sharp declines. if you ask me I always go for long-term BTC investing cause I don't have time for gaining trading experience also my capital is limited. After that I will save some funds to start a small side gig.