As a small entrepreneur venturing into bitcoin activities

[Shadiq]

Make sure that at the end of the month or week you have some income left which is part of your discretionary income. The skill with which you are earning money may be enough, this depends on your family situation and your income-expenditure account. In this case, you have to determine your own position whether you are eligible for investment or not.

If after monthly or weekly expenses you have such an amount of money left that you can leave for a long time or if you lose this money, you will not suffer any major loss, then you can start investing. If you lack discretionary money, then I will not advise you to enter into investment. Never take any action by listening to other people's success stories. Do your research and be clear about your position.

[HajiBagi]

Firstly is to outline the area I am coming from as a business person I am a barber and I own a barber shop so as of late last year someone introduced me to bitcoin and it's beneficial interest as he outline them for me that Is a futuristic investments  so I picked interest in it but there is a question I forgot to ask him  how can I go about it with my little income business that I am doing

Investing in bitcoin did not mean you should have a good or a big business before you can invest in it, everyone can invest in bitcoin, it depends on how you as a person is capable, if you have making a lot of money in your shop and you think investing in bitcoin is the best for you then you are free to do so, no one will advise you to do it or not, it is a choice to invest in bitcoin but before you do so make sure you are capable that it will not affect you at the end or you will later sell your bitcoin.

To invest in bitcoin is not the problem, the problem is that can you hold your bitcoin for a long period of time? Many people who are into business invest in bitcoin because of profit that they will have to expand their business and thinking about that is a wrong decision, you can not rely on bitcoin profit to use to expand your business because bitcoin is unpredictable investment, the price can drop and you will start feeling to regret why you buy bitcoin.

[Smartvirus]

Firstly is to outline the area I am coming from as a business person I am a barber and I own a barber shop so as of late last year someone introduced me to bitcoin and it's beneficial interest as he outline them for me that Is a futuristic investments  so I picked interest in it but there is a question I forgot to ask him  how can I go about it with my little income business that I am doing

This your users eh, e be like I don see am before for the forum and e Dey very defining say you be Nigerian, e no bad o, e no bad at all. Anyway, much need no Dey for you to spread yourself like this shah via stating your hustle but, if e Dey necessary for the response you hope to get, nothing still spoil.

Barbing no be small work these days o, many premium barber shops exist and pending if you be boy or Oga, you fit Dey earn and save better money. Na just yo ensure say, you get better marketing strategy to keep your customers close and ensure say, your shop management Dey in order.

Either way, if you got Dey put 1/10 of watin you Dey make for Bitcoin investment, e no go bad for you, that na like tithing but this one, you Dey do am for an investment way go generate refund and e Dey very promising. You just make sure say, you DCA no be watin you go just do once and shot down.

[Moreno233]

Firstly is to outline the area I am coming from as a business person I am a barber and I own a barber shop so as of late last year someone introduced me to bitcoin and it's beneficial interest as he outline them for me that Is a futuristic investments  so I picked interest in it but there is a question I forgot to ask him  how can I go about it with my little income business that I am doing

As a barber in Nigeria, I think your focus can be on how to be making small savings in Bitcoin from the proceed of your business. You can save something big from your small barbing business if you are intentional about in. In the city where I live, a hair cut goes for around N2,500 depending on if you are applying other things to the hair to make it classic. If you barb 10 persons in a day, you will be sure of N25,000. From this you can comfortably save N5,000 daily and N30,000 which is approximately $20 weekly if you work for 6 days in a week. Imagine investing $20 weekly into Bitcoin for the next 5 years, that is about $5,200 invested into Bitcoin for that period and if you are lucky and there is a surge in price like x3 from the current price, you should be talking of money that you can use to achieve something very big.

[AmaGold70]

Bitcoin investment is a very appealing investment, and if really your friend have convinced you and you are interested, I encourage you to furge ahead because it will definitely reward you in the long run. You must not be a rich man before you can invest in Bitcoin, so far you are generating money from your business, side Hussle or from monthly salary, no matter how small you can kickstart your bitcoin investment even as little as 10 - 20 thousand naira and when you are consistent with the investment, and you are able to do this for 3-4 yeas your bitcoin investment must have surged to a reasonable amount. As a beginner, you need a reliable wallet and platform, ensure your key and seed phrase are kept safe.
Another thing that will help you become successful is patience, don't be threatened by Bitcoin price dip and fluctuation. If you can be patient for 5-10 years, I believe you will make huge gain from your investment.

[PremiumcryptoHub]

You are also suitable for investment because the door to investment in this currency is open to people of all classes and professions in our country. However, if you are a barber, see if there is a small amount of money deposited for investment at the end of the month, apart from discretionary income. Initially, know that not everyone can buy 100 million Satoshi, so my advice is that investment is suitable for everyone only if someone can afford to buy fractional amounts from there. Moreover as far as I know it is necessary to learn the basics of Bitcoin investment, and the income of many people can vary based on their location, so even if your income is high, it will be possible to invest in Bitcoin from this profession.