Post
Topic
Board Nigeria (Naija)
Re: The best advise given to a friend that needs to invest in any scheme .
by
Barikui1
on 02/09/2025, 13:55:59 UTC
There are many people out there that have enough discretionary income but they don't know the best investments should embark on till one day a friend of mine that is a farmer and i know that he has been gotten profits through his farming work, he came to me and ask me if he should invest in Bitcoin investments how can he gain more profits because he has been reporting his discretionary income to the bank without having a profit instead he do received debit all the time from the bank, then i started explaining how Bitcoin works and how he gets more profits once he starts accumulating his Bitcoin,  i want ahead showing and telling how dollar cost average have make it easier for newbie to buy gradually by gradually when comes to buying of Bitcoin, he agreed with me and he have started investing because he said that he doesn't want bank people should be deducting from his bank account, and even since that friend of mine that is a farmer has been thanking for adding another skill to him joined to his farming work, so i want know if actually i did the right thing by introducing him into Bitcoin investments?
Wetin you do dy legit my brother, na really good thing to introduce someone to Bitcoin investment because the fight na against poverty no be against one another, but my primary concern be say, I hope say you tell am about the risky side of Bitcoin and how him fit lose all him money if e no go as planned, so that him no go put all the blame on you if something disappointing happen to Bitcoin in the future.
Another thing you need to put am through is that him need to know say the best way to achieve something great from his Bitcoin investment is by holding for up to 10years or more, so for him to be successful while investing in Bitcoin, him need to dy think only long term, because the longer you hold the more possibilities of making more money.