Quote from: purple_sparkles on Today at 08:31:40 AM

Quote from: Israelgogo on Today at 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?

It all depends on the total capital how much that million represents as a portion of the whole. If it's everything you have, then it's a risky move. But if it's just a part, then why not. Bitcoin is an asset that requires patience in order to generate good returns.By dividing capital by investing in different sources, we reduce the risk of making an unsuccessful investment and losing everything we already have.

You are right to consider so much before coming up with such a decision since each of the two once will have their own positive impact and negative points. In that case, with 1 million naira that is all you can get, go into a small physical business that you have more control, and with more chances of making an income daily. The returns that come out of BTC trading or investing are subject to a lot of volatility and are not definite, especially in the short term. But frankly, even though you are firm about crypto, you can place a small portion in a BTC and invest the rest in a hard asset enterprise. By doing that you do not have all your eggs in one basket.