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spencer

Enlightened Mentor
Ask spencer
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902 Questions
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  1. Asked: September 28, 2023In: Money & Business

    Should I wait for fuel price to comedown before I travel?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 26, 2024 at 11:28 am

    If you live in Nigeria, I understand where you're coming from, the truth is no one specifically know when fuel is coming down, there has been a lot of empty promise and nothing has been done, and it might likely stall your progress. Best thing to do is to go ahead and travel, save enough money and tRead more

    If you live in Nigeria, I understand where you’re coming from, the truth is no one specifically know when fuel is coming down, there has been a lot of empty promise and nothing has been done, and it might likely stall your progress.

    Best thing to do is to go ahead and travel, save enough money and travel, else you’ll wait for a very long time, also when planning, rely on your own capability, Government will mostly put you down.

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  2. Asked: September 27, 2023In: Money & Business

    I don't have children, why then saving money?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 26, 2024 at 11:23 am

    You don't need to have children in order to save money, yourself need money during a health crisis or when you retire, you need money to live your life, from buying groceries, drugs and even material needs, without money you won't be able to do that. You should put yourself first in whatever you do,Read more

    You don’t need to have children in order to save money, yourself need money during a health crisis or when you retire, you need money to live your life, from buying groceries, drugs and even material needs, without money you won’t be able to do that.

    You should put yourself first in whatever you do, if you have responsible children, they can actually take care of themselves without needing your help at all, so it’s not actually about them.

     

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  3. Asked: August 26, 2023In: Crypto & Forex

    Is investing in crypto similar to gambling?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 26, 2024 at 11:18 am

    Yes, it's sort of like gambling, because as you mentioned you don't have any control over how you make money, it is all muddled up and most people involve in it, don't even ask themselves such hard questions. I think it's important to know the game you're playing and the risk it entails you should aRead more

    Yes, it’s sort of like gambling, because as you mentioned you don’t have any control over how you make money, it is all muddled up and most people involve in it, don’t even ask themselves such hard questions.

    I think it’s important to know the game you’re playing and the risk it entails you should also pay attention to the level of control you have so that you wouldn’t waste your time, it’s always advised to trade with what you can afford to lose.

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  4. Asked: April 24, 2024In: Crypto & Forex

    Have you earned money thanks to the P2P service?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 26, 2024 at 11:12 am

    Yes, I've used the P2P service countless times to actually exchange money online, what stood out for me, is how fast and safe it is to exchange money, all I have to do is find an exchanger with a high ratings and then press the exchange button, in some few minutes, the money lands into my account. IRead more

    Yes, I’ve used the P2P service countless times to actually exchange money online, what stood out for me, is how fast and safe it is to exchange money, all I have to do is find an exchanger with a high ratings and then press the exchange button, in some few minutes, the money lands into my account.

    I’ve never been scammed using the service and I highly recommend to anyone looking to exchange money.

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  5. Asked: September 9, 2023In: Money & Business

    Can crypto trading make you rich quick?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 26, 2024 at 10:56 am

    Yes, you can make money quick as a crypto trader, there are a lot of coins you can buy and can 10X within a day and you can double your money ASAP, but on the flip of the coin you can also lose your money quickly if you're not right in your prediction, it's very important to gain knowledge before inRead more

    Yes, you can make money quick as a crypto trader, there are a lot of coins you can buy and can 10X within a day and you can double your money ASAP, but on the flip of the coin you can also lose your money quickly if you’re not right in your prediction, it’s very important to gain knowledge before involving your funds in trading in crytpo.

     

    You should also maintain a good risk management

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  6. Asked: August 17, 2023In: Money & Business

    What qualities makes a brand successful?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 26, 2024 at 10:52 am

    What makes a brand successful is the story behind it, think about all of the brands you admire what makes the stand out to you, it's obviously how there stories are told, if you think of Apple for example is basically how their stories are narrated and how the pieces come together. If you want to buRead more

    What makes a brand successful is the story behind it, think about all of the brands you admire what makes the stand out to you, it’s obviously how there stories are told, if you think of Apple for example is basically how their stories are narrated and how the pieces come together.

    If you want to build a successful brand care about how you can craft a story that resonate with people and how you can make your potential users part of your story, they’ll be easier to convert.

     

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  7. Asked: April 26, 2024In: Money & Business

    How to compete witrh ecommerce markets?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 26, 2024 at 10:46 am

    To compete in the e-commerce industry you have to innovate in the space, you should look at other people in the same business as you and think of ways you can improve, it could be minute things like improving the shipping process, or having a more effective customer support. Then you should also doRead more

    To compete in the e-commerce industry you have to innovate in the space, you should look at other people in the same business as you and think of ways you can improve, it could be minute things like improving the shipping process, or having a more effective customer support.

    Then you should also do some branding, create a label and build your social media pages, this can add legitimacy to your business and help you stand out.

     

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  8. Asked: April 26, 2024In: Money & Business

    How to use affiliate marketing as a business?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 26, 2024 at 10:39 am

    Affiliate marketing as a business owner is about getting people to advertise your business and when they make a sell, you share the profits with them, for example if you sell your product for $10, an affiliate will make a sell and give them 30% out of the amount. Apart from that, you can also pay peRead more

    Affiliate marketing as a business owner is about getting people to advertise your business and when they make a sell, you share the profits with them, for example if you sell your product for $10, an affiliate will make a sell and give them 30% out of the amount.

    Apart from that, you can also pay people to refer your business, even Advisordia run on this model, if other people sign with your link, you pay them a dollar.

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  9. Asked: April 25, 2024In: Crypto & Forex

    Can one make cryptocurrency a permanent source of income?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 25, 2024 at 1:23 pm

    I don't even think there's any permanent source of income, even if you have a job, over time you will be retired and lose the source of income, if you have a business and you refuse to innovate with time you will lose your share of profits. If you want to earn money for a very long time, you shouldRead more

    I don’t even think there’s any permanent source of income, even if you have a job, over time you will be retired and lose the source of income, if you have a business and you refuse to innovate with time you will lose your share of profits.

    If you want to earn money for a very long time, you should get ready to invest more time and be creative, that’s the only way you can be on top of your game for a long time.

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  10. Asked: April 25, 2024In: Money & Business

    How can Money be made from online investment?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 25, 2024 at 1:20 pm

    Money can be made from investments online the same way it's made working offline, before investing your money In any type of online investment make sure you do your due diligence and research deeply because it's easy to get scammed online. Also you should not invest all of your money in an online InRead more

    Money can be made from investments online the same way it’s made working offline, before investing your money In any type of online investment make sure you do your due diligence and research deeply because it’s easy to get scammed online.

    Also you should not invest all of your money in an online Investment, invest a little bit and then add it up bit by bit as your confidence in the investment grow.

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