When I started writing on hive in 2017, I honestly didn't think it was going to afford me more than a beer or two. Hell, I earned a couple of dollars from posts back then when all the upvotes were in circle-jerking crews and figured that it's a little extra dollars for handling petty stuff.
As the community grew, especially after the fork and the end of bot voting, the love started getting distributed even more. Thanks to that love and some luck, I've been able to diversify into various ventures.
Ever since then, I've been a full-time crypto earner and sometimes trader. The experience has transformed my life and moved me from a casual source of income to something that facilitates my entire life.
Being a full-time crypto guy comes with its perks. On top of the list is that I pay my own salary and in some way, I feel like my own boss.
When you're full-time crypto, it shapes the way you think and takes you out of the mundane. Your entire life becomes an adventure and every day is an opportunity.
The market never sleeps, so regardless of the time of the day, you can always pick up where you left off. Also, since you generally live in the shadow of the law, there's this rush that comes from your way of life.
Thoughts about diversifying
I had an interesting conversation with a gentleman I met at the drink shop yesterday. He's a small business owner that offers logistic services and transportation of goods and services.
We talked for a few minutes about the potential of running a business. We didn't talk too much about profit margins but he did say that the drink business is particularly popping in my area and getting into it is dead certain to be profitable.
Anyway, the key point of the conversation was the time he mentioned how many freelancers often open physical businesses. He said that most of them don't care about the profit and are only concerned about their image.
He was basically talking about how it's a means for people like me to "clean" our crypto money. For what it's worth, I never mentioned crypto to him, he just randomly mentioned it like he was sent by God.
The conversation had me thinking about a lot of things. Investing a few thousand dollars in a physical business isn't part of the plan, especially when you consider my setback and the fact that we're still planning to relocate.
Some time in the future though, I think I'd like to open a personal business of my own in Nigeria. I mean the profit margin is low, and you earn in Naira that's constantly going down the toilet but at least I get to contribute to society.
Whether it's a drink shop or barbershop, I think putting some naira to work in the country is a good idea. However, I don't intend to do it now.
Image and Personality
Getting a functional business in Nigeria is something I'll do in the future though. For now, we're still focused on our relocation plans.
I've often talked about how I'd like to leave Nigeria and never come back, but as I edge closer to the exit, I've started to realise some aspects of the shit hole I'll miss.
First of all, setting up a private business is a thousand times easier than it is in virtually every country in the world.
For example, if I want to sell alcohol, I don't need a license. All I need is money and tax identification number to ensure I pay my dues to the slave masters.
As I mentioned, the downside is a tiny profit margin and the disadvantage of earning in Naira. When you think about it though, earning in Naira is not much different from earning some hive-engine tokens that are always going down.
The point of everything is that my crypto journey has enabled me to create a quality life for myself and my family. We're making big plans and are on course to achieving them.
I also believe that at some point, one has to consider how he can invest in his society and bring profit from crypto into the real world. Through this approach, we'll be a bridge between the real world and crypto. In this process, we'll also create a more welcoming environment for future crypto enthusiasts.
Contact & Support
- Discord: belemo#9593
- Twitter: https://twitter.com/belemo__
- Hive.vote page
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This is so true.
but the part of staying here? 😂😂
NOT A CHANCE!!!
physical business in Nigeria is easy to start but a business in other countries which you promote by means of online means it is a very effective business
by next year the price of fuel will double and other countries that have a steady supply of light will not be affected. Things are going from bad to worst in Nigeria hope is becoming slim. Hope you get the point before it's too late.
No be lie! 🤣
great to hear your story bro
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I think this could be a good move as a side hustle, this is because the menial profits can run your day to day life while crypto does the heavy lifting. It goes without saying that I would love to be a partner in any way.
I'm routing for you especially for your movement. All the best 👌🏾
The problem with opening a business in Nigeria is that they make it so hard and try to frustrate your every move and I am not talking about the government only, so maybe as a side hustle could be fine but it would take planning.
Seems like you read my mind..
I put on my thinking hat this morning, thinking of a small business I can start up because it is getting tiring hearing advise from family regarding getting a job when I know I earn online but I guess something has to be done at least for image and personality sake... Besides that I have always wanted to have my own small physical business as a side hustle but one day at a time .