Making wise use of your crypto finance

[Makus]

he wasn't talking about married people or just anybody, he specifically said young people.

It's very easy for young people to save over 80% of their income. Although of course, it wouldn't apply to everybody. A person earning over 100k monthly or in whatever period can easily save 80k and make use of simplification.

Baba, I no sure say you dey this country, If to say you dey you for no talk that thing wey you talk so. How you go expect young guy to guide with 20k for one month? Baba you no try at all, for this kind period that thing dey very impossible except say you still dey under guardian naim you go fit try but e no go still reach. 80% of 100k na 80k for investment wey you no even commot money for emergency fund or any other thing, that amount too much. If you say you dey do am, meaning you dey spend only 5k for a week wey no even reach  2 pot of soup. Baba as a young man, 50% for inside 100k dey enough for investment.

[Loveday422]

Making wise use of your crypto finance
Sure is very wise after years on the keyboard pressing and spending time and airtime,and finally the money came and someone decided to use it wrongly,I don't think anyone who is in this forum can even try that shit, because is a big rubbish,what you suffered for ,for years has come to ur table u start misuseing it that is not acceptable

Make wise use of the money u get from your crypto,I have seen people building House buying a land surveyor it and keep it for future use ,this are wise people.

When the money comes try to use it because you suffer for it ,this is my advice to whom it may concern

[AVE5]

Let me diversify a bit here.
Making money is necessary for everyone but utilizing it is and individual choice. So talking about the necessity to utilize your income should serve as an encouragement considering that the future also would be in need of money to enable you reach out to those amenities that's financial afforded.
Digressing more to this is to say bitcoin or crypto investment has become a sort of source for incomes which had limited huge number of youths from clamouring of being jobless and there has also been and wave off of hopelessness to some points amongst youths whom has discovered that bitcoin is a lucrative business with a potential hope for a better financial future.

[Bravut]

The crypto currencies today are now the source of wealth to somany young people. It Is very pleasing this days to see young people making money at their young age, we can see that their is alot of changes in the society since young people start making money for themselves online.

But the question to be answered here is, Do everyone who earns from this crypto use their finance purposefully.
Not everyone at their young age have the mindset to plan for their future many young people have the mindset that their is still much time for them to do whatever they wish but that is not a wise idea you need to invest for your future.

Someone gave me a parable saying, Don't live in comfort in your youthful age and suffer when you are old rather invest and suffer in your youthful age to prepare for your old age. Young people should not only go after enjoyment and lavishing but also invest 80% of your outcome and you won't regret it.

As you have said OP, regarding the importance of investing as it should be a culture embedded in the youths. One thing is being wealthy and the other Is maintaining and keep growing the wealth overtime. As I would always say anyone can become Rich, yes,in this crypto currency space we see youngsters are millionaire but the problem becomes can this wealth be maintained?

Of course yes, and one of the process is investing in Bitcoin, stocks, physical business based on your choice. Same  apply to whether or not anyone would choose to enjoy there money believing it will keep coming and careless about investing or risking any money.


Actions are subjective to the performers, as we can't really tell or would direct anyone to go about there investment decisions or how to use there money, so OP you saying 80% there outcome is inappropriate, the amount to be invested must get within the limit and range (risk tolerance) of the investor, also noting that the income (outcome) is considered more or less would have great impact on the person finances in relating to other areas of life, and for me investing 80% from every outcome is impulsive and should investment might likely have short-term horizon because of over leveraging.

The need for taking the right decisions can't be over emphasised, as we all need to invest into our future.

[Su-asa]

Making wise use of your crypto finance
Sure is very wise after years on the keyboard pressing and spending time and airtime,and finally the money came and someone decided to use it wrongly,I don't think anyone who is in this forum can even try that shit, because is a big rubbish,what you suffered for ,for years has come to ur table u start misuseing it that is not acceptable

Make wise use of the money u get from your crypto,I have seen people building House buying a land surveyor it and keep it for future use ,this are wise people.

When the money comes try to use it because you suffer for it ,this is my advice to whom it may concern

It's more wiser when you make use of crypto currency, I can use my my self a reference purposes, I have gotten a lot from crypto currency because I am keeping a decent investment plan, not everyone have Bitcoin knowledge but they are investing because they believes that in Bitcoin world there is a lot to earn. However, this is not the perfect time to think of sell some so you can start a project, no the perfect time is not yet to come, so anyone who's holding should continue to hold for a better future. Those that invested on bitcoin since 2019 or earlier, have benefits a lot and they might have used their profits to run a project that's complete or almost completed.