E dey gud for two to join money do investment?

[Pikiboy]

I no really understand why people go join money do investment especially if them fit get access to exchange such as Bybit and any other crypto exchange. I cum across people dey argue on percentage them suppose share for their investment but one person say na him bring the idea and na him also get exchange account say na him suppose collect higher amount pass person wey bring some part of the money to the investment.

I wan know if you people bring money equally to make investments na who suppose collect higher or them suppose share am equally?

For me the money suppose dey shared equally because their investment was 50/50 irrespective say na one person bring the idea or even get the exchange where them carry do the investment.

[Hypnotizer]

I no really understand why people go join money do investment especially if them fit get access to exchange such as Bybit and any other crypto exchange. I cum across people dey argue on percentage them suppose share for their investment but one person say na him bring the idea and na him also get exchange account say na him suppose collect higher amount pass person wey bring some part of the money to the investment.

E no really make sense, and this sounds fictional sef cos why….weyin be bring idea about bitcoin investment? Dem dey take credit for that kind thing, if this is real they the second guy wey dem share the idea give am nah Mumu because he didn’t do any research before investing him just give that guy him money.

Wait sef…Wetin bring percentage for inside their investment? Shey everybody know how much him put? Nah simple math naw! Except if the person whose the investment is under his custody is trying to be greedy.

I wan know if you people bring money equally to make investments na who suppose collect higher or them suppose share am equally?

You can purchase or invest with no matter how small the amount you have is, so it’s completely abnormal to say people join money do investment especially if it not a physical investment like real estate that might require huge capital.

[Charles-Tim]

Not advisable, not recommended and it should be completed avoided if it is not legally backed.

It depends on their agreement, but the profit supposed to be according to the percentage that individual invested. If it is 50 : 50 that they invested, the profit share supposed to be 50 : 50. But what they previously agreed on is also worth considering.

[Adbitco]

This is very wrong approach to do because one of them could be greedy of having the lion share among both of them, but if there a concrete agreement that binds both of them such as a legal agreement between both of them then they can share it according to how it was previously agreed between both of them.

But I wouldn't for any day encourage any one out there to go into agreement on such investment.

@Charles-Tim you are correct.

[knowngunman]

I go like ask which investment dem do before I begin share my opinion. E fit be say na trading dem join money do based on how you take narrate am. Normally, e dey bad to join head do any type of investment unless na with person wey you trust well well. If na crypto investment, trust no really mean anything, just do it alone or leave it if you can't do it alone.

As this case be now, both of dem don loose guard made first biggest mistake by agreeing to invest together. The second mistake is failing to arrange the sharing formula if they wan terminate their investment. If dem designed sharing formula based on wetin each of them contribute before investment, they are likely not to have this problem now arguing like two mad man.

If na me go judge the case, I go first let them know say na very wrong thing to invest together but since e don already happen, there's nothing much we can do about it. If na the same amount dem bring to the table, that should be 50/50 by default but the owner of the exchange account bear the risk if something had happened to the money under his care. If to say dem hack his account and all the money disappear, the other person go say nothing concern am with that one make him provide his money for him. For that reason, I will ask the other guy to at least give 3% to the owner of the account to make 53/47 and case close.

Even for normal contribution wey people dey do, in most cases, the person wey dey keep the money dey take a few percentage because of risk wey dey involved. Make I use style call am maintenance fee.

[Son Of Blockchain (SOB)]

Not advisable, not recommended and it should be completed avoided if it is not legally backed.

It depends on their agreement, but the profit supposed to be according to the percentage that individual invested. If it is 50 : 50 that they invested, the profit share supposed to be 50 : 50. But what they previously agreed on is also worth considering.

If there's a mutual or legal backing like Micro strategy that functions aa a "cooperate Bitcoin treasury" then it's okay, cause it could be stored in a Multi-Sig wallet whereby more than one person has to sign before any funds should be moved from the wallet. With that withdraw would based on agreement from all parties involved.
 But then I understand why you said it not advisable in a case where it not legally back to avoid future issues that would lead to lose from one parties ends cause there was no legal agreement.

[BIT-BENDER]

I no really understand why people go join money do investment especially if them fit get access to exchange such as Bybit and any other crypto exchange. I cum across people dey argue on percentage them suppose share for their investment but one person say na him bring the idea and na him also get exchange account say na him suppose collect higher amount pass person wey bring some part of the money to the investment.

I wan know if you people bring money equally to make investments na who suppose collect higher or them suppose share am equally?

For me the money suppose dey shared equally because their investment was 50/50 irrespective say na one person bring the idea or even get the exchange where them carry do the investment.

I also don't see it as something wise to join money together to make an investment, but if anyone consider it as there option then sharing should not be a problem if there are reasonable people.
I actually believe sharing should not be a problem because everything should be discussed and agreed upon before putting the money into that investment, to even be more concrete the agreement should be put into legal writing or any form of legal note proving that this is what was agreed on.

[GiftBtca]

E no dey advisable for two people to join money do investment.
One person fit cheat the other, except them get legal agreement which most times, many no dey do.. this now go fit result to disagreement or conflicts. So for me, I no go advice such.

[Perfectbaby]

Investment like cryptocurrencies or bitcoin should not be something that two or more people should be putting money to execute their investment because it will always results to problems moreover this our country that things are not going the way people are planning, one person among the two investor could likely made away with their investment due to personal problem that could put them on the tight corner. Every one should learn to make their investment on their own at least we have many exchanges currently that is accepting p2p trade and nowadays kyc verification for exchange are more faster than that if gambling site before you could gained access to the gambling site.

[Jubilee58]

I no really understand why people go join money do investment especially if them fit get access to exchange such as Bybit and any other crypto exchange. I cum across people dey argue on percentage them suppose share for their investment but one person say na him bring the idea and na him also get exchange account say na him suppose collect higher amount pass person wey bring some part of the money to the investment.

I wan know if you people bring money equally to make investments na who suppose collect higher or them suppose share am equally?

For me the money suppose dey shared equally because their investment was 50/50 irrespective say na one person bring the idea or even get the exchange where them carry do the investment.

There is nothing wrong with partnership or people joining money to run a business. There are reasons why people put money together to run a business, sometimes it could be as a result of lack of financial strength from both investors, thereby making them to put resources together to ensure that business runs smoothly, sometimes it could also be because, one of the investors has the business ideas but lack financial strength, and the other investor has the financial strength but lacks the business ideas. However, before going into partnership, it is necessary for the people or investors involved to reach a binding agreement on how profit should be shared, and everything is properly documented, and agreed on, the sharing formula will no longer become an issue since it is already documented, and agreed on.

[Mate2237]

It's better that I will do small saving and do a DCA method of investment, in my little way that I can be consistent with my investment rather than combining with another person to do investment. The reason is because you don't know what is in the mind of others especially when it comes to the investment, Bitcoin investment usually takes time before profit can be realized. So the question one should ask himself is , this person am trying to combine and investing with is this person a long term investor who can wait patiently for a period of time.


Talking about the sharing formula in this case, since the both partners contributed equal amounts of money into the investment. It's natural that the profit that is going to be generated should be shared equally.  No non of the partners involved should feel bigger than the other.

[Agbamoni]

I wan know if you people bring money equally to make investments na who suppose collect higher or them suppose share am equally?

For me the money suppose dey shared equally because their investment was 50/50 irrespective say na one person bring the idea or even get the exchange where them carry do the investment.

People they take risk sha. If no be physical business or investment way proper law document they involve, ah no do. E no make sense at all to do investment with person, because e no hard to do am yourselt. E they take not less than 5 minute to sign up for a new exchange and do KYC. It takes less than 4 minute to download a wallet and create an account. A collobarative investment should be backed by legal document not by words.

[Obim34]

People they take risk sha. If no be physical business or investment way proper law document they involve, ah no do. E no make sense at all to do investment with person, because e no hard to do am yourselt. E they take not less than 5 minute to sign up for a new exchange and do KYC. It takes less than 4 minute to download a wallet and create an account. A collobarative investment should be backed by legal document not by words.

It is about taking financial responsibilities ourselves. There are cases when it is not about the exchange causing issues, it might be suggestion from one person on a particular crypto to invest in, to avoid problems like this, each person should take responsibility to buy and invest or trade using their own funds, or should have a witness before agreement.

[riscohen4]

It's not bad joining money together for an investment. There's no issue at all.  It's just that people are greedy and will always make silly things na jeopardize the business.

 My take is that if both of you bring the same amount and you want to split profit, it should be stated based on what you both agree not what it is supposed to be. Alright. Forget that 50/50 shit. What's the agreement both of you are agreeing on. If you two can't come up with an agreement then the investment should be dissolved. He no suppose hard like that na.

[Bitcoin.com97]

Make I no lie this story dey sound somehow for my ear , because I never hear am before but if it’s actually true , I go say make them share am equal equal , also I no go advice another person to join such activities, wahala way dey this life don dey enough to join this kind situation, if you don get the mind to start investment and you don get the money , the best thing to nah to tell your friend to show you how e take dey run e own , so you fit dey invest small small that one nah your personal life, what if the other person poison the other to get collect everything, me I dey fear people e get some risk way I no fit take again for this life , so many things they happen ooo , and we all need to be very careful.

[Denziiii]

Make I no lie this story dey sound somehow for my ear , because I never hear am before but if it’s actually true , I go say make them share am equal equal , also I no go advice another person to join such activities, wahala way dey this life don dey enough to join this kind situation, if you don get the mind to start investment and you don get the money , the best thing to nah to tell your friend to show you how e take dey run e own , so you fit dey invest small small that one nah your personal life, what if the other person poison the other to get collect everything, me I dey fear people e get some risk way I no fit take again for this life , so many things they happen ooo , and we all need to be very careful.

You talk sense because this kind story fit make person reason plenty things. If na true, sharing am equally makes sense, but involving another person for that kind arrangement no really wise. Life don already get enough stress and risk.

If person get interest for investment and get money, better make the friend just teach am the process so e fit start small small on e own. Depending fully on another person fit bring unnecessary wahala. Nowadays people dey do unexpected things because of money, so person gats dey very careful. Some risks no just worth taking at all.

[Churchillvv]

If the investment generally is outside bitcoin, it’s something normal which I even encourage but if it’s in bitcoin then it’s not ideal but however for someone like me who is very optimistic about collective ideas, I’m very certain that it’s a good idea and I will probably try it out after this, I will communicate with few of my friends so we can do a joint wallet, a three person wallet or two to have such investment, depositing some numbers of bitcoin equivalent to naira daily,weekly, and monthly and free every cycle we can take profit.

[Merit.s]

In order to avoid all these kind unnecessary arguments and later friendship turn enemity na to just avoid anything like joining money with person to invest. Shey, you know say you suppose to keep your bitcoin for noncustodial wallet. Who go come hold the private keys.

Bitcoin Don give you the opportunity to be your own bank which means you know need put your money for third-party hand. If na your friend dey with the private keys, how much do you trust him. What if time reach to take profits na that time one story or the other dey come up. Invest wisely.

[Fivestar4everMVP]

I no really understand why people go join money do investment especially if them fit get access to exchange such as Bybit and any other crypto exchange. I cum across people dey argue on percentage them suppose share for their investment but one person say na him bring the idea and na him also get exchange account say na him suppose collect higher amount pass person wey bring some part of the money to the investment.

I wan know if you people bring money equally to make investments na who suppose collect higher or them suppose share am equally?

For me the money suppose dey shared equally because their investment was 50/50 irrespective say na one person bring the idea or even get the exchange where them carry do the investment.

I can never advice two or more persons putting money together to go into an investment especially if it's crypto currency, that money they put together, each person can equally use it to invest on his own and don't interfere with the other persons.

But if for whatever reason, two or more persons put equal amount together to invest in an asset, then they will have to share the profit from such investment equal as well, who ever brought the idea of asset to invest in doesn't matter because if it happened that things didn't work out as they had planned, he who brought the idea of what to invest in may likely not refund the other party the money lost.

But again, I say, no ever ever join money with any body to invest in assets like crypto currency, if you must join money with person to invest, make sure na non liquid assets like land or house or company etc.

[ejikeme24]

Joining money to invest in bitcoin is the worst mistake a guy would ever make, I mean what's the need of doing that with your friend when you know that you can do it yourself, or is it that you don't have enough discretionary income to buy as much as you like or you feel that doing it alone would probably make your journey to be very long so therefore you need someone who would join you to achieve your investment target on time probably within a couple of months? Although this is a very good idea but looking at it in other perspective I think it's not too advisable and the question is who is going to hold the seed phrase? Come on Man, if you want to invest in bitcoin I would advised you do it by myself don't involve anyone.