If you can't Invest in Bitcoin, buy assets

[Hewlet]

When you go to the market to discover that a material that was sold for 50k last three months is now valued at 120k, what comes to your mind? The normal thing is to shout and point accusing fingers at our leaders and how bad the economy has become but do you know that you've walked into an investment opportunity and never knew or saw it?

If you're a good business person that knows how to read the times and study the market, there is so much you can make out of this consistent increase in the price of major goods in this country.

In this country, any real asset you buy today will be at least five times it current value in the next five years and if you think I'm wrong you can take yourself five years backwards and look at the prices of so many common stuffs like roofing zincs, cement, phones, all building material, lands and even normal vehicles.

As we set out part of our resource into Bitcoin investments, let's not close our eyes to the bounty opportunity that's available for us  to possibly invest into that will certainly yield a good amount of profit for us in five or ten years to come.

[Doan9269]

If you're a good business person that knows how to read the times and study the market, there is so much you can make out of this consistent increase in the price of major goods in this country.

This is such a good advise, but to me i see it as a short term opportunity because the market price in the country are being inflated due to the poor economy practice by the government as the USD exchange rate over naira is gaining momentum, but if we should invest and then naira begin to gain value over USD then you're probably going to run a loss, if you invest in bitcoin, this has nothing to do with the current exchange rate but the value of the bitcoin market price, what i can can only advise in this is to invest on physical asset with local currencies and hold your foreign currency in bitcoin, for now, you may not need to exchange bitcoin to fiat to invest on buying any of those materials, instead, hodl your asset in bitcoin because we are on the bullrun season.

[Hatchy]

If you're a good business person that knows how to read the times and study the market, there is so much you can make out of this consistent increase in the price of major goods in this country

Does that mean, that we should be happy when the price of things constantly increase in the market? For all I know, what ever goods you are selling or what ever business you are into, an increase in price in the general market will also make you spend more than you used to while purchasing your goods.  Most time, the problem of our country is we the people. Just last 2weeks here, the price of a water bag went up to 500naira. Traders saw this as a way of making profits for them self. Selling one sachet for 50 naira(here in my area). This I think it's unfair because if you are to buy from factory as a trader fr maybe 400 or 350 then you are selling a sachet for 50naira that means you mean to make profit of 500 back that's over gain and not right. We shouldn't see the condition of the country as a means to be smart as we will all suffer the consequences. If you notice in This country, what goes up doesn't come down.

As we set out part of our resource into Bitcoin investments, let's not close our eyes to the bounty opportunity that's available for us  to possibly invest into that will certainly yield a good amount of profit for us in five or ten years to come.

I really dont get this part of your thread. Do you mean bounty or business? If it's business, yea an average Nigerian should have more than one source of income due to the condition of our economy. Bitcoin still is the best investment online but you should as usual, diversify your investment to reach a wider range of profit in the long run.

[Barikui1]

When you go to the market to discover that a material that was sold for 50k last three months is now valued at 120k, what comes to your mind? The normal thing is to shout and point accusing fingers at our leaders and how bad the economy has become but do you know that you've walked into an investment opportunity and never knew or saw it?

If you're a good business person that knows how to read the times and study the market, there is so much you can make out of this consistent increase in the price of major goods in this country.

In this country, any real asset you buy today will be at least five times it current value in the next five years and if you think I'm wrong you can take yourself five years backwards and look at the prices of so many common stuffs like roofing zincs, cement, phones, all building material, lands and even normal vehicles.

As we set out part of our resource into Bitcoin investments, let's not close our eyes to the bounty opportunity that's available for us  to possibly invest into that will certainly yield a good amount of profit for us in five or ten years to come.

Initially when I saw the topic I thought you wanted to talk about asset like land, house, gold and many more , what you are actually saying is that we should hold our money in goods, so that as long as it keeps increasing in value, our money keeps on increasing, but you have to know that if the economy stabilized, and things go back as normal, you are actually going to run loss, to me, I prefer investing my money on something that gives me guarantee that I won't run loss on the long run, something like gold, diamond, land and real estate, if you have the financial
 power, and why can't I invest in Bitcoin? It's only someone that is uninformed or misinformed that wouldn't invest in Bitcoin if he has the financial power to do so.

[Hewlet]

If you're a good business person that knows how to read the times and study the market, there is so much you can make out of this consistent increase in the price of major goods in this country

Does that mean, that we should be happy when the price of things constantly increase in the market? For all I know, what ever goods you are selling or what ever business you are into, an increase in price in the general market will also make you spend more than you used to while purchasing your goods. . We shouldn't see the condition of the country as a means to be smart as we will all suffer the consequences. If you notice in This country, what goes up doesn't come down.

I'm not suggesting we should be happy whenever things gets too expensive in the market and I'm totally against anyone that tries to use such increase in price to over inflate the price of goods. What I'm talking about is investing in real assets that's known to have a consistent increase in it price overtime.  I don't see anything selfish about ceasing certain opportunities to our advantage, isn't that what business is all about? Because of how valueless our Naira is in the global stage, most person prefer to save their money in dollar so they wouldn't be at a disadvantage. It doesn't mean that they are less patriotic or that they don't want the value of the naira to gain above it current state, it's just a normal business strategy to always cease opportunities that will profit you in the long run. When Bitcoin was low in value, those that understood that it was going to climb above it previous value bought as much as they could and they are currently in profit and that's good enough.

I really dont get this part of your thread. Do you mean bounty or business? If it's business, yea an average Nigerian should have more than one source of income due to the condition of our economy. Bitcoin still is the best investment online but you should as usual, diversify your investment to reach a wider range of profit in the long run.

maybe I made use of a wrong choice of word. What I meant by bounty is more like flourishing, productive or something like that.

[AVE5]

I was expecting you'd find someone else to be blamed for the hike of goods and services bringing hardship to the country if we're not supposed to hold the government responsible for that according to how you must said it.
Business opportunity would always stir at us but only the lucrative ideology minds could figure it out but certainly not beholding when price of goods goes beyond expectations.
So what about if the money taken to the market was supposed to be for household items like foodstuffs, do you still have to appreciate the situation and divert it to investing in the future when there's hungry in town? Of course not.
And what about if you purchases the goods and get it stocked in such period of 5 years and the product runs out of expirations due to time limitations? I guess you'd count it all lost.

The only survival in this scenario is going blind and purchase your bitcoin ignoring rumours and the current economy situation as either inflation or deinflations. Bitcoin would always give you that dividend of income in as much you keep holding and on nomatter the high purchase amount you bought it.
This is just why it's said that bitcoin does not have a fixed specific accumulating periods and so you could just buy and hodl while the market brings forth increments in values. Just matter of time.

[Jaycoinz]

When you go to the market to discover that a material that was sold for 50k last three months is now valued at 120k, what comes to your mind? The normal thing is to shout and point accusing fingers at our leaders and how bad the economy has become but do you know that you've walked into an investment opportunity and never knew or saw it?

If you're a good business person that knows how to read the times and study the market, there is so much you can make out of this consistent increase in the price of major goods in this country.

In this country, any real asset you buy today will be at least five times it current value in the next five years and if you think I'm wrong you can take yourself five years backwards and look at the prices of so many common stuffs like roofing zincs, cement, phones, all building material, lands and even normal vehicles.

As we set out part of our resource into Bitcoin investments, let's not close our eyes to the bounty opportunity that's available for us  to possibly invest into that will certainly yield a good amount of profit for us in five or ten years to come.

Well said mate, the thing is that the general public are blind to all these kinds of opportunities and it takes someone who is actually long sited to know these common things that will eventually bring them profits. I had a friend who is so upset about the raging cost of things anytime he gets to restock his goods and I sometimes wonder why he who is already in the field of business can be so short sited, some days earlier we had a discussion and it was in his face that I blantanly told him about the mistakes and fuckups that he has been doing that is always pissing me off and also gave him some insight about actually getting an asset and how valuable it will profit him in the near future because he already has the funds to do so but its just the vision that is missing.

[Tmoonz]

When you go to the market to discover that a material that was sold for 50k last three months is now valued at 120k, what comes to your mind? The normal thing is to shout and point accusing fingers at our leaders and how bad the economy has become but do you know that you've walked into an investment opportunity and never knew or saw it?

If you're a good business person that knows how to read the times and study the market, there is so much you can make out of this consistent increase in the price of major goods in this country.

In this country, any real asset you buy today will be at least five times it current value in the next five years and if you think I'm wrong you can take yourself five years backwards and look at the prices of so many common stuffs like roofing zincs, cement, phones, all building material, lands and even normal vehicles.

As we set out part of our resource into Bitcoin investments, let's not close our eyes to the bounty opportunity that's available for us  to possibly invest into that will certainly yield a good amount of profit for us in five or ten years to come.

Yes I agree with you considering the fact when there is an increase in price of goods and services in our country it never comes down this is what we are known for and is more like a culture and customs of our people, those who are interested in selling commodities as an investment can actually take advantage of the present prevailing circumstances is such a nice advice from the op but above all it has to do with a proper and adequate planning and self confidence in order to be successful.

[Spaceman1000$]

When you go to the market to discover that a material that was sold for 50k last three months is now valued at 120k, what comes to your mind? The normal thing is to shout and point accusing fingers at our leaders and how bad the economy has become but do you know that you've walked into an investment opportunity and never knew or saw it?

If you're a good business person that knows how to read the times and study the market, there is so much you can make out of this consistent increase in the price of major goods in this country.

In this country, any real asset you buy today will be at least five times it current value in the next five years and if you think I'm wrong you can take yourself five years backwards and look at the prices of so many common stuffs like roofing zincs, cement, phones, all building material, lands and even normal vehicles.

As we set out part of our resource into Bitcoin investments, let's not close our eyes to the bounty opportunity that's available for us  to possibly invest into that will certainly yield a good amount of profit for us in five or ten years to come.

OP from what you said, I was thinking you would give specifics on what you mean by, "there is so much we can make out of the consistent increase in the prices of major goods" I was waiting to see the kind of analysis that you will give that will either justify the overbearing inflation we are currently witnessing and the opportunities that comes with it, but I didn't see any of such.

What your analysis is consistent double figure increase on good's and services in the next five years, believe you me when that time comes the value to which your expecting will drop because inflation might have eaten deep into your capital and leaving you with a small profit margin.  The truth is that, inflation does no one any good if you think you're an opportunist with the aim to make profit from it.

[smelody]

Compared to the last 5 years, the price of most of the goods has increased by 100%, the current government may be largely responsible for this. In the current context, it seems that the price of all things will double in the next 5 years.
Now we have to think what should be done, how to live in accordance with the income.

Need to increase income...Now coming to the forum we discussed..yes..I am talking about Bitcoin, how can we use Bitcoin?

We can save some dollars from now, if bitcoins can be held..on a weekly or monthly basis it will be very helpful for the future. Even future generations can get successful life through the bitcoin. Because you should be see from 2009 to till today it's growth of price.

[Mate2237]

Op this your logic is good but it might fail if good government come on board. Because assuming you buy your assets in this time when things very high and a good government come on board and reduce the price of goods and services then you plan of making money is blocked so when you dey advise people, make you have to know, plan and also think the possible outcome of all the cardinal points of the business. And that is where the risk is always come to play. As you are buying at the time of the high cost and if things didn't work out the way you want them you have to bear the list. As it is we don't know what will happen in the coming year. If Tinubu change his mind all those people that invest in this year and thinking that next thing will go up for them to sell their assets might be disappointed.

Instead buy the dip and sell in the All Time High even in the physical assets.

[Adams0001]

When you go to the market to discover that a material that was sold for 50k last three months is now valued at 120k, what comes to your mind? The normal thing is to shout and point accusing fingers at our leaders and how bad the economy has become but do you know that you've walked into an investment opportunity and never knew or saw it?

If you're a good business person that knows how to read the times and study the market, there is so much you can make out of this consistent increase in the price of major goods in this country.

In this country, any real asset you buy today will be at least five times it current value in the next five years and if you think I'm wrong you can take yourself five years backwards and look at the prices of so many common stuffs like roofing zincs, cement, phones, all building material, lands and even normal vehicles.

As we set out part of our resource into Bitcoin investments, let's not close our eyes to the bounty opportunity that's available for us  to possibly invest into that will certainly yield a good amount of profit for us in five or ten years to come.

It is beneficial to invest in real estate because it generates profits, but unlike cryptocurrency, you cannot predict what will happen in the next five years, so do not expect anything to increase every time. All real assets are increasing because the country's economy is not doing well right now, and I am confident that when things and some foodstuffs come down for the country, everything will decrease, and you may lose when your things no longer have much value anymore.

If things fall apart, there will be enough for everyone, including land and other assets. So don't think that because things have become more expensive over the last five years, he will not change. That is why, for me it is better to focus on crypto because he does not have anything like losing value that will cause people not to buy it every day. Bitcoin is volatile up and down, but people continue to buy it because they believe they will be profitable at any time.

[Promocodeudo]

Mate investing in an asset aside Bitcoin is good but one thing you need to know is that everyone does not understand what aset is all about, some people value to be seeing their money in figure wether in the bank or Bitcoin but these same people don't like the idea of investing in any other money-making ventures, it takes a business minded person to understand the importance of investing in long term asset that's capable of generating profit as time goes by, op your points and emphasis are very accurate but people will still find it difficult to follow this path even though they have the money to do so

[Y3shot]

Investing must not only be bitcoin,  their are other profitable investment that one can go into. When it comes to investment it is good to diversify, apart from bitcoin their are good investment to go into. Their are other physical investment to go after, it must not be cryptocurrency only. Everybody must no invest in cryptocurrency,  their are also good physical investment.

[Cryptomultiplier]

Mate investing in an asset aside Bitcoin is good but one thing you need to know is that everyone does not understand what aset is all about, some people value to be seeing their money in figure wether in the bank or Bitcoin but these same people don't like the idea of investing in any other money-making ventures, it takes a business minded person to understand the importance of investing in long term asset that's capable of generating profit as time goes by, op your points and emphasis are very accurate but people will still find it difficult to follow this path even though they have the money to do so

A better definition of what kind of asset to buy instead of BTC would have helped buttress our OP's point in total.
An asset should be an investment that increases in value over time. It most times isn't as affordable as buying few Satoshis and DCAing till almost a decade as stated.

Unless one intends to buy gold or silver or NFTs or real estate assets that can be resold for much value in the future, anyone investing in a startup or following through with a business idea should expect to make loss and that's why it is advised by most, to accumulate funds by DCAing BTC and then withdraw or liquidate and invest in the business idea that has been lingering.

[Mate2237]

Mate investing in an asset aside Bitcoin is good but one thing you need to know is that everyone does not understand what aset is all about, some people value to be seeing their money in figure wether in the bank or Bitcoin but these same people don't like the idea of investing in any other money-making ventures, it takes a business minded person to understand the importance of investing in long term asset that's capable of generating profit as time goes by, op your points and emphasis are very accurate but people will still find it difficult to follow this path even though they have the money to do so

A better definition of what kind of asset to buy instead of BTC would have helped buttress our OP's point in total.
An asset should be an investment that increases in value over time. It most times isn't as affordable as buying few Satoshis and DCAing till almost a decade as stated.

Unless one intends to buy gold or silver or NFTs or real estate assets that can be resold for much value in the future, anyone investing in a startup or following through with a business idea should expect to make loss and that's why it is advised by most, to accumulate funds by DCAing BTC and then withdraw or liquidate and invest in the business idea that has been lingering.

This is what I wanted to say. Before one invest in any project you have to know the kind of project you are interested in and that is you have to know the project want to invest because you can't just invest in a project that is not worth investing for. And it will s not all the assets nare good to invest with. There are some asset that you invest and you will lose enough from it. But if one must invest and as I said it is good to start when things are low in price. It you invest in this period then you are preparing to low more and if your are investing in bitcoin at this time of the bull market then you have to wait for another five years to come.

[Wiwo]

If you're a good business person that knows how to read the times and study the market, there is so much you can make out of this consistent increase in the price of major goods in this country.

This is such a good advise, but to me i see it as a short term opportunity because the market price in the country are being inflated due to the poor economy practice by the government as the USD exchange rate over naira is gaining momentum, but if we should invest and then naira begin to gain value over USD then you're probably going to run a loss, if you invest in bitcoin, this has nothing to do with the current exchange rate but the value of the bitcoin market price, what i can can only advise in this is to invest on physical asset with local currencies and hold your foreign currency in bitcoin, for now, you may not need to exchange bitcoin to fiat to invest on buying any of those materials, instead, hodl your asset in bitcoin because we are on the bullrun season.

Yeah it goes both ways, in as much as we can gain, we Ls9 can lose too, so before you take that risk always measure it potentials and to see what the future demands of such good are, but over all waht the ops is saying is very correct because I have witnessed this three days back when I went  market to have a replacement of something I bought 4 months back, and to my amazement the price of same thing have increased almost 2x within that short period of time and I was already at gain just by keeping the product untempared for that period of time.

The way the market force's is moving in this country, sometimes it makes me believe that, things only increase in price a d never decrease even it the global market have a drop, the Nigeria market is unregulated and no price control so for sure market people set prices at will without any consideration.

[DaNNy001]

Investing must not only be bitcoin,  their are other profitable investment that one can go into. When it comes to investment it is good to diversify, apart from bitcoin their are good investment to go into. Their are other physical investment to go after, it must not be cryptocurrency only. Everybody must no invest in cryptocurrency,  their are also good physical investment.

Real estate business is really nice and is something that every entrepreneur or business man that wants to make it should think of and that's why it's always advisable to start up something different or actually diversify your investment to actually get good balance to where your incomes flows. Having different incomes flows and investment is probably the best idea for any successful person and many persons fail to access this secret and know the importance that comes with this.

[Chibit01]

Investing must not only be bitcoin,  their are other profitable investment that one can go into. When it comes to investment it is good to diversify, apart from bitcoin their are good investment to go into. Their are other physical investment to go after, it must not be cryptocurrency only. Everybody must no invest in cryptocurrency,  their are also good physical investment.

Real estate business is really nice and is something that every entrepreneur or business man that wants to make it should think of and that's why it's always advisable to start up something different or actually diversify your investment to actually get good balance to where your incomes flows. Having different incomes flows and investment is probably the best idea for any successful person and many persons fail to access this secret and know the importance that comes with this.

Sure I have said earlier here that real estate is Avery good business everyone should also look into but a comrade in the building actually attacks me why I should come here to talk about real estate.........

Really real estate is a good damn business that every entrepreneur should get involved in it doesn't decay or depreciate rather is appreciate every given year it might not be so fast in appreciation but I must tell you that's one of the business right now apart from bitcoin investment

[odunybiz]

Investing must not only be bitcoin,  their are other profitable investment that one can go into. When it comes to investment it is good to diversify, apart from bitcoin their are good investment to go into. Their are other physical investment to go after, it must not be cryptocurrency only. Everybody must no invest in cryptocurrency,  their are also good physical investment.

Real estate business is really nice and is something that every entrepreneur or business man that wants to make it should think of and that's why it's always advisable to start up something different or actually diversify your investment to actually get good balance to where your incomes flows. Having different incomes flows and investment is probably the best idea for any successful person and many persons fail to access this secret and know the importance that comes with this.

Sure I have said earlier here that real estate is Avery good business everyone should also look into but a comrade in the building actually attacks me why I should come here to talk about real estate.........

Really real estate is a good damn business that every entrepreneur should get involved in it doesn't decay or depreciate rather is appreciate every given year it might not be so fast in appreciation but I must tell you that's one of the business right now apart from bitcoin investment

Choice of business will always be different. I don't see any reason why such person should tackle you since this is just an opinion. Diversification is one of the key to a successful businessman. Sharing one investment between online and offline business isn't a bad idea. The main thing is just for profit to be made.