Quote from: Antotena on August 21, 2025, 06:29:22 PM

Quote from: Mr Reporter on August 21, 2025, 06:15:15 PM

At first of my hearing, I also was thinking that people who pick cans don't really make that much to make investments such as bitcoin. This thread really made me understand that people also make that much from picking cans too. Now I have come to the understanding that individuals who engage in informal or unconventional work, such as collections of cans, can still demonstrate entrepreneurial spirit and also generate income for a living.

I'm happy to see this kind of achievements but his way of buying the Bitcoin is really not thy transparent. I mean, selling Cans to buy Bitcoin? Let's assume he was buying it when Bitcoin was cheap and by that price we are talking about less than $10k, that's like year 2018. Do you know how much it will cost to be able to afford $10k, money was hard to get that time and definitely not going to be making figures with selling of cans alone, there is more to the story but congratulations.

Unfortunately, in Nigeria there is no job as a mid person that you are going to do that is going to brings you money to even do dollar cost average. The minimum wage now is ₦70k and many companies and the state government aren't paying that amount of money to people. You have to be doing well enough and not earn in Naira to be able to afford Bitcoin with dollar cost average. How much is even ₦70k in dollars, that's like $60 or less, you might end up using all your savings to be able to afford $50 worth of Bitcoin. We still have a long way to go in this country and it's sad.

I think let ho down real life in Nigeria can somebody ever sell cans to invest in bitcoin? That is one, checking from the Nigeria government economy is i think the story behind someone accumulating funds to invest in bitcoin through uncoventional means like selling cans which might be more complex that it seem, considering Nigeria economic challenges and recently increased in minimum wages to 70k which we understand i indeed tough for investors