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Author Topic: How can a student make balanced investments without his source of income?  (Read 1222 times)
MainIbem
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August 21, 2026, 02:42:24 PM
 #121

You should've used Naira and not Dollar since the money for upkeep given to many Nigerian students by their parents is mostly in Naira and not dollar. However, based on the present economic situation of our country it would be tough for a Nigerian student to sustain their needs and investment with $30 upkeep income, the person would definitely need an extra income from a job or so, maybe $100 can be manageable but the student would still need to cut down on some expenses likewise channel funds for entertainment into the investment.

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Hardyrobust
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August 21, 2026, 07:36:36 PM
 #122

As a student it very wrong to spend everything you have as cash, as a student you can make good plans even with the small money given to you by parents, and maybe your siblings, you can do this by investing part of the money given to you to a digital asset like bitcoin. Students should not rely on looking for job when they done with their education early investment even your little investment can gain you financial freedom.
Students who save money, and invest them properly don't need to seek for low paying when they are done with their studies, and if must look for job they will have to be very selective because already they have built a starting point for themselves.
Did you just say with the small money given to them? For you to say small money means the money is not even enough for them and it will be such a bad idea investing with it. The only way that would have been possible is if the money given to them is more than enough, meaning they will still be having extra cash left, then fine, they can go ahead. But with the small money they are given, it better they don’t try to discomfort theirselves, just to invest and end up later tampering with their investment at any time just because money they are supposed to use in fending for their selves is what they used to buy bitcoin.
If a student is able to figure out that they have discretionary income from the little they receive from their parents investing it in bitcoin may not be a bad idea. It is only when they don't have any left over cash or they are using money that is supposed to be used to cover up there essential needs to invest that is when it won't a good thing. It won't be good for anyone, not only students to inconvenience themselves just because they want to invest in bitcoin by using money for there expenses and to invest in bitcoin. The most important thing is if a student have an extra cash that they can be able to spare without it affecting them in any way no matter the amount they may have received.

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August 21, 2026, 08:00:13 PM
 #123

If a student is able to figure out that they have discretionary income from the little they receive from their parents investing it in bitcoin may not be a bad idea. It is only when they don't have any left over cash or they are using money that is supposed to be used to cover up there essential needs to invest that is when it won't a good thing. It won't be good for anyone, not only students to inconvenience themselves just because they want to invest in bitcoin by using money for there expenses and to invest in bitcoin. The most important thing is if a student have an extra cash that they can be able to spare without it affecting them in any way no matter the amount they may have received.
I was a student and what I experience during my school days it's not easy but I don't expect everyone to have the same experience as me, we can never have the same problem but we know School is actually a place where we spend so much and that is why I said, I faced challenges. When I was in school even though I decided to make an investment, I cannot do it because the money I was having was not always enough and that is because of where I come from, I come from a poor background that cannot afford so much for me to even invest but I thank God despite my condition they are still people that have less than me.

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