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Author Topic: E dey gud for two to join money do investment?  (Read 44 times)
Pikiboy (OP)
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Today at 10:31:11 AM
 #1

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.
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Today at 10:48:08 AM
 #2

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.

Quote
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.



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Today at 11:16:10 AM
 #3

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.

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Today at 11:57:53 AM
Merited by Charles-Tim (1)
 #4

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.

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knowngunman
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Today at 12:45:05 PM
 #5

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.

 
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Today at 12:54:28 PM
 #6

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.

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Today at 04:53:05 PM
 #7

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.

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Today at 05:53:10 PM
 #8

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.
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