How would you invest N100,000?

[cytpoway121]

If you have N100,000 how would you invest it? H

Well, don't be harsh on me haha. theres literally no investment you can make with 100,000N; I have tried to think about it but i cannot process it thoroughly.

Do you want to go into retail sales? Factor in inflation and low spending power; do you think it is sustainable idea?
Do you want to try crypto currency investment? convert it and its $140+, what are you going to buy with that amount in the crypto space that won;t be funny, btc? eth ?
Do you want to save it into Vbank (one of the best savings bank in the country)? even  at that  savings works best with high deposits

In situations like this with 100k; just buy food or save with vbank (the interest rate would wow you, you can read up on this)

[Liliana1304]

Omo this money large o! Even if some people for here regard am as small moni, that na somebody prayer. If na me get that kind moni to take invest, dis na wetin I go carry am do;

- I go use the whole tin buy musical equipment accessories. Better gain dey that tin and e go thrive as wit d fact say churches don dey open in most places, Dem go need some of dis tins...or, I go

- use 50% invest in palm oil trade as enough gain dey there. I for invest in Bitcoin but I never too sabi that side.
- then use the remaining 50% start small POS business. This to me na medium risk investment and i know say no business no dey without en own risk and losses but yet e better to start somewhere than to complain say e no go dey eenough.

[Buddyspa]

100k is not that, if I have I will use to trade P2P trading on binance. Have done it before and I gain, so I can do it again.

[Out of mind]

If I had N100000 I would be particularly interested in investing it to grow. I will take such a reflection that I can get good amount of profit from it. First of all before investing I need to understand the volatility of the market otherwise I must face high risk. For a person to increase profits by investing, he needs special experience to make use of that experience to earn from investing. We must be aware of the risks before investing. It is better to invest with less risk if you invest in the first stage and later if you get profit by investing then moderate the amount of risk. And when I get good profit by investing with full experience then I will definitely try to take higher risk where more profit can be achieved. And in this way, if you use your own experience and invest patiently, then it is definitely possible to turn small money into more money through risk.

[CryptoHeadlineNews]

How would you invest N100,000? Break it down into 3 categories - Low risks, medium risks, and high risks investments.

100k naira no be big money oh, and at the same time eh no be small money too, so if I happen to get that 100k as my capital to start any business, wetin I go do na to enter market buy few Okrika first-class  or second-grade clothes (i.e O.K clothes) for selling, con dey post am for my WhatsApp status for advertisement. Or buy oil perfume for selling, because I see say that one dey move market wella too even without you having a store or a place of your own.  

[Forever101]

Omo d analysis u don giv already plenty. All dis medium risk, low risk nd high risk, dem all na d same tin. Dat money no touch anywher wth d way gins b now. E no evn dey enof 2 run POS business cef.

Lik my man Sabinus, I go jst fine better 2 odd way sure wella, carri d N100k knack am. Once e enta, evrywher go jst dey stew. U knw dis matters na  

Na 2 mak sure say d moni no b borrowed money shah.

What if it does not work as you think, it means you are going to loose everything. Well that's no a good way to start. I rather suggest that the person should understand bitcoins, Decentralized exchange, centralized exchange, how to transact, deposit , withdraw and read charts and also understand Bitcoin halving and the history of bitcoins price movement. This can put him in better position to understand when to be expectant of profit and how to take profit. Investing 10% on an annual basis is nothing but a waste of time, profit generated will not amount to anything.
If the op understand the halving of a thing, he can look for a small business like buying red oil when cheap and reselling when high to ncrease the money which he can now invest in bitcoins when the halving period is closer. By the time he is investing in bitcoins , he will be having roughly 500k to 600k depending on the time frame

[Charles-Tim]

Lik my man Sabinus, I go jst fine better 2 odd way sure wella, carri d N100k knack am. Once e enta, evrywher go jst dey stew. U knw dis matters na 

What if it does not work as you think, it means you are going to loose everything.

First, what if it works the first time? That does not mean it will not enliven the gambler. But he will definitely want to bet again and again. Likely he will end up with losses. I have heard and read about related painful stories before.

Second, gambling is not investment. This thread should solely be about investment. Anything like gambling or trading should be ruled out.

[Wiwo]

The truth is that that amount is too small for any risk category investment and the only means of making profits through such an amount is by gambling which is the highest form of risk., or better still you can use that amount to buy Bitcoin or any other cryptocurrencies that have food potential and hole for a long time in other to get the best out of your risk investment.

But also note that if you are optioning in for Bitcoin against other investments and with such a small amount you must be willing to hold for a long time, in other to get the best possible profit.

[Frankolala]

Omo, this question dey burst brain because he no easy as we dey talk am. If na people like us wey dey this forum and dey participate for signature campaign na e we go fit invest the 100k for cryptocurrency because we get another source of income.

If I get 100k, I go buy only bitcoin,since I get the strong belief and rest of mind say bitcoin go give me profit at the long run. Bitcoin just be like say you go put your money for fixed deposit and you dey assure say profit go come base on you and the bank manager agreement on how many percent interest wey your money go yield annually. Life dey very easy when you dey the right place so I no go come dey stress myself to go dey invest for coins wey I go dey monitor and dey fear say e fit depreciate anytime.

[blackened515]

The truth is that that amount is too small for any risk category investment and the only means of making profits through such an amount is by gambling which is the highest form of risk., or better still you can use that amount to buy Bitcoin or any other cryptocurrencies that have food potential and hole for a long time in other to get the best out of your risk investment.

But also note that if you are optioning in for Bitcoin against other investments and with such a small amount you must be willing to hold for a long time, in other to get the best possible profit.

No amount is small to start an investment in the market, we just have to be emotional stable and follow the right strategy to make gigantic profits from the market, but also bear in mind that the market is filled with volatility and risks, which we're willingly to take without a second thought. N100,000 is a small capital compared to whale investment in the market. We need atleast N500k to start to invest in the market, although it's still not going to be enough, because it's definitely not one coin we will buy, rather stock our portfolio with different promising altcoins.