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?
My honest advice will be, if you have 1 million in Nigerian currency and don't have a business of your own yet, invest that money in a good business, and after a while of running the business, start investing part of your weekly profit in bitcoin, and as you are investing, make sure the goal is long term investment, don't invest Today and expect to cash out in millions of dollars tomorrow, good things don't come easy and they take a bit of time.If I am you, with all the experience I've had in crypto, the above is exactly what I will do, owning a business that generates money is the most comfortable way to invest in bitcoin with peace of mind, this type of setup will ensure that you don't get unnecessarily anxious to see profit in the investment because there is a good backup, and such investment is one you can leave for as long as possible and you won't feel it..
Investing when one doesn't have a good source of income is risky as one can end one selling off the investment prematurely due to expected financial challenges.
But it should be noted that business also carries many risks. If you don't have business experience, don't have a good strategy or plan, you will still fail and lose.
Investing or business will bring profits but also comes with risks and it all depends on each person's knowledge and experience. Don't think that business will be easier than financial investment, it is even more fierce and easier to go bankrupt if we don't have experience or lack knowledge about it. Starting a business is never easy and I believe OP chose to invest in bitcoin instead of business for that reason.
We don't need to own a business and have a good source of income to be able to invest in bitcoin, as long as we have income and have idle money, we can invest at any time.
In fact, not all people are businessmen by nature. Some feel comfortable being good performers or experts. Running a business requires a lot of effort, especially at the stage when it is just emerging, not everyone is ready for such a load. The statement "invest in a successful business" is very superficial. Like: “To be rich, just make moneymore and then you’ll be able to afford everything you want
How can you determine with 100 percent certainty that a business is successful? In order for it to become successful, many factors must be taken into account. If there is a million, no matter what kind of money, that needs to be “put to work,” it’s better to distribute it so as not to risk everything at once. If there are ambitions for business, then you shouldn’t start with huge investments right away. It’s better to rehearse on a small model and then scale up. The same goes for investments, they can be in cryptocurrency, real estate, or other preferred options.