₦airaland Forum

This article is written for Nigerian nurses who trained through the diploma route and are now considering the BNSc upgrade, either because you have been advised to, because international migration is in your plans, or simply because you want to reach the career ceiling the degree allows. It covers exactly how the upgrade works, which universities accept registered nurses for direct entry, whether you can do it while working, what it costs, and what difference it actually makes.

If you trained as a nurse through a School of Nursing in Nigeria, you left with something extremely valuable: an NMCN registration, a clinical skill set, and the professional identity of a Registered Nurse. What you did not leave with is a university degree, and in Nigeria, that distinction is increasingly consequential.

Not because diploma nurses are less capable at the bedside. Experienced RNs run wards, mentor students, and manage crises that degree nurses fresh out of university could not handle. The gap is not clinical. It is structural: the BNSc degree opens doors in salary placement, career progression, post-basic training eligibility, and international migration that a diploma, no matter how experienced, cannot open on its own.

Why the BNSc Upgrade Matters More in Nigeria Than Ever Before
The pressure to upgrade has been building for years, but 2026 has made it more urgent than at any previous point for three specific reasons:

CONTINUE READING HOW TO UPGRADE RN TO BNSC HERE

Prepare for your school, Nursing Council, NCLEX and other exams with NursePrep Africa’s dedicated AI nursing tutor. Nrs Flo is available 24/7 to explain complex clinical concepts, break down pharmacology rationales, and help you master your nursing exams.

What you can ask:
“Explain the pathophysiology of right-sided heart failure.”
“What is the passing standard for the NCLEX-RN?”
“Give me a study guide for obstetric nursing.”
“Give me pharmacology mcqs.”
“And more…”

GET STARTED WITH NRS FLO - AI HERE

Drug calculation errors are one of the leading causes of preventable patient harm in healthcare settings globally.

For nurses, the ability to calculate drug doses quickly and accurately is not just an exam skill; it is a core patient safety competency required at every level of nursing practice, from student to specialist.


This drug calculations and dosage nursing study guide covers the key calculation types every nurse must master:

- Basic dosage calculations: tablets, capsules, and oral liquids

- Parenteral (injection) dosage calculations

- Weight-based (mg/kg) dosing: important for paediatrics and high-risk drugs

- IV infusion rate calculations, mL/hour for pumps and syringe drivers

- Drip rate calculations, drops per minute for gravity infusions

...And more

[b]HIGH-ALERT MEDICATIONS: [/b]The following drugs are responsible for the majority of serious calculation errors and must always be independently double-checked by a second qualified nurse before administration: Insulin, Heparin, Warfarin, Morphine and all opioids, Potassium chloride (IV), Digoxin, Chemotherapy agents, Methotrexate, Concentrated electrolyte solutions, and all paediatric doses. A second check is a professional and legal responsibility; never skip it under time pressure.

Study and master Drug Calculations and Dosage for nurses here

Are you a nursing student, juggling clinicals, exams, assignments, and family expectations, and still looking for ways to make money online in 2026? Here is a detailed guide on how student nurses can make money online without sweating.

You’re living in a time where student nurses have more online earning options than ever before, and most don’t require leaving home or sacrificing your study time.

This guide breaks down realistic, flexible, high-value ways for nursing students to earn online in 2026, whether you need side cash, long-term income, or even a launchpad for a future nursing career.


Why Online Income Matters for Student Nurses in 2026

1. Being a nursing student today is expensive:

2. Tuition and books continue to rise
Clinical uniforms and equipment cost money

There are 11 ways you can make Money Online as a student nurse in Africa or Nigeria.

1. Telehealth and remote care support

2. Virtual Assistant

3. Learn more how to make money online as a nurse here.

NursePrep Africa got you!

The journey to becoming a nurse is one of passion and sacrifice, but for many, the path is blocked by rising education costs. Recognising this challenge, the Peramind Health and Education Society has launched its Global Peramind Nursing Scholarship program, a dedicated initiative that provides tuition support and professional mentorship to nursing students.

If you are a nursing student in a State or Federal institution, this could be the breakthrough you’ve been waiting for.

Why the Peramind Tuition Support Program Matters

Nursing is the backbone of the healthcare system. However, financial barriers often prevent brilliant students from reaching their full potential. Peramind aims to bridge this gap by offering more than financial aid; it is building a community of empowered, career-ready healthcare professionals.

READ HOW TO APPLY HERE

Looking forward to become a WordPress Dev in the coming year? Here is the roadmap/guides you can follow.

I have worked as a WordPress Designer for close to 6 years and I just recently concluded my internship as a Fullstack WordPress Developer (I wish I followed the proper roadmap when I started out to become a WP dev). Following these guides mean you will be better than I was 5 years ago if you can be consistent.

What Does WordPress Developer Do?
- WP Developer design and develop custom themes (without using child theme or an existing theme), custom plugins, Fix WordPress bugs, Fetch data from external websites and store on WordPress database, and what have you.

To become a WordPress Dev, follow the guides below:
1. Learn a HTML.
2. CSS/SASS: This should take you like 6 – 8 weeks (if you are consistent).
3. Learn PHP: WordPress is built with PHP. You will need the knowledge of the language to interact with WordPress Core APIs (fetching posts, querying, and so on) in your themes and plugins. This should take you like 2 months.
4. Learn JavaScript/jQuery: This should take you like 2 months .
5. Learn how WordPress works:
6. Learn WordPress Coding Standards: This is VERY important. You MUST ensure your code meets WordPress standards (HTML, CSS, PHP, and Javascript) and how to keep your theme and plugin.
7. Learn the basics of UI design: Just be comfortable with how UI design is and how to translate the design into code and ensure the theme is almost 100% like the UI (pixelperfect).
8. Learn MYSQL: MYSQL is the database WordPress uses.
9. Learn the basics of REACT: If you want to be able to develop custom/Native gutenberg blocks, you will need React.
10. Build projects: You can only become better by building projects.
11. Build your portfolio and search for jobs

If you're already a developer, becoming a WordPress dev won't take you long.

LEARN MORE: https://www.alphawebtips.com/roadmap-to-become-a-wordpress-developer/

Do you love watching movies and wish to make a living out of it? This is a descriptive and detailed guide on how to create movie download blog in 2023 without hosting the movies.

Want to start a movie download site and make money? Let's get started!

Why bother to create movie download blog in 2023?

As you know, AI is gradually taking charge. Some bloggers will be rendered useless if they refuse to keep up. One part of blogging that AI will not easily take control of is movie download websites/blogs. Even with the introduction of Netflix and the likes, movie download blogs are still booming.

Look around you, is there anyone not interested in watching movies? Be it American, Indian, Chinese, Korean, Japanese and the likes? You can hardly see who isn't into movies.

Things you need to build a movie download blog or website

Honestly, you don't need much. You don't even need to have a server where the movies can be uploaded for people to download. Below are the things you need to create a movie download site of your own.

- Domain name
- Correct hosting account
- Web developer
- Social media handles
- Bookmarking sites you will be getting updates.

This is not all. These are just the important things you need to get started.

Want to make money with your movie blog and Do the SEO set up? CONTINUE READING HOW TO CREATE MOVIE DOWNLOAD BLOG HERE

Have you been looking for Naijaloaded WordPress theme?

I present to you a better entertainment WordPress theme called CrownPaste Theme.

I built it to look like Naijaloaded but ended up looking better than the Niajaloaded WordPress theme.

SEE THE DEMO HERE: [url]https://www.alphawebtips.com/theme-like-naijaloaded-wordpress-theme-crownpaste-theme/
[/url]
or

HERE: https://www.youtube.com/watch?v=jzN39y46b7M

Features of the theme

Music audio player
Movie download option
Football highligh feature
SEO-firendly
Fast
Same look on mobile and desktop devices

IT IS NOT A CLONE. IT WAS BUILT FROM SCRATCH.

Apply for the Access Bank - Udacity Advance scholarship to enhance your future career or skill set in today's most sought-after, in-demand tech skills.

Application Deadline: June 19, 2023

Udacity is collaborating with Access Bank, a multinational commercial bank, to empower people in Africa who are interested in learning tech-forward skills to kick-start careers. Udacity is proud to provide hands-on learning opportunities in fields such as Business Analytics, Programming, Data Science, Product Management and Digital Marketing. Scholarship recipients will complete a portfolio of real-world projects that demonstrate mastery of highly sought-after tech skills.

As the world becomes increasingly reliant on digital tools, the need for tech-fluent talent grows as well-making this your chance to begin a long-term career.

Requirements for Access Bank - Udacity Scholarship
- Anyone 20 to 30 years of age and above is encouraged to apply.
- Scholarship recipients should be prepared to invest about 5-10 hours per week during the Nanodegree programs.

Eligibility Criteria:
- STEM graduate or demonstrated evidence of strong interest in pursuing an IT and Digital Career
- Consistent access to a laptop
- Consistent access to a strong data network and power supply
- Commitment to the time required for the program
- Must give pre-consent during application for Udacity to share data with the bank
- Bachelor's degree or higher is strongly preferred
- Applicants based in Africa from the Democratic Republic of the Congo, Ghana, Kenya, Nigeria, Rwanda, Gambia, Sierra Leone, Zambia, South - Africa, Botswana, Guinea, Mozambique, and Cameroun are strongly preferred

All applicants will receive an email notifying them of the selection decision.

HOW TO APPLY: CLICK HERE NOW

charlsecy:
Tell me about MoniePoint PoS. I heard it has daily target that users are expected to meet. Can I use it if I don't meet the targets?

Learn more about DotPay Africa here.

Are you considering starting a blog in 2023 and don't know where to start?

Blogging is one of the lucrative skills and you will never be wrong if you become a blogger.

8 steps to start a professional blog
1. Pick a blogging platform
2. Decide your Niche
3. Buy a custom domain
4. Buy hosting account
5. Set up your blog
6. Create important pages
7. Make it SEO-friendly
8. Start blogging

Can I make money with blogging?
Yes, you can. That's the main purpose of starting a blog.

Can I start a blog with no money?
Yes, you can. But that won't make you a pro. Hence, you may not be able to get the deals you should get.

NEED MORE DETAILS ON HOW TO START A BLOG?

Check out this article here: https://www.alphawebtips.com/start-a-blog/

YOUTUBE: https://www.youtube.com/watch?v=FzlhUaGedhw

To make sure your clients do not spend extra cash on SEO, as a developer you need to ensure you do the on-site SEO properly.

How do you do that?

I have come to notice that not all developers know much about SEO. Some are even still busy coding with old techniques and syntaxes.

What is SEO?
SEO means making sure your website is structured, built and constructed to ensure it shows up on Google search result pages whenever people search for terms related to your posts/services/products.

How to do Technical SEO as a developer
There are some rules you need to observe as a developer when working on a web project to make sure it is SEO-friendly.

LEARN MORE HERE =>

She Code Africa in partnership with Deimos is calling interested female applicants to apply for the cohort 4 of career in cloud engineering which will be from April to May, 2023.

What is She Code Africa about?

We are a non-profit organization focused on celebrating and empowering young Girls and Women in Technology across Africa.

About the She Code Cloud School

The She Code Africa cloud School, Cohort 4 (in partnership with Deimos) is a 2months cohort-style, bootcamp program specifically targeted at ladies across Africa, looking to kick off or switch careers into the Site Reliability Engineering (SRE) field.

Accepted participants are taught by well-experienced Cloud experts in a classroom setting, working with a well curated learning path inclusive of tasks, projects etc to help them grow required practical skills in the field.

TO READ MORE AND REGISTER, CLICK HERE NOW

oganews:
I need help can some help i need lindaikeji look on my blog

Download Linda Ikeji WordPress theme here: https://www.alphawebtips.com/linda-ikejis-blog-wordpress-theme-download/

The Broad Concept

Ladies and Gents, please join me as we go through this little tutorial that you may find useful in the nearest future.

Trust me, even if you are a beginner or a complete novice in the use of Wordpress, I will be patient to stall at various intervals to give extended explanations to your point(s) of confusion - with screenshots.

Yaaay! Oya Leggo.

It is fast becoming commonplace nowadays to integrate forums in a website. In the past, some webmasters, beginners and experts alike, made use of blogs as the de facto 'subdomain' especially when trying to make a distinction between their 'main' site and 'another part' of their site. ('Another part' = subdomain).

However, as time went by, there was a need for a more interaction 'admin-user' wise and 'user-user' wise. In other words, forums give more interaction to site owners and users.

Now, without too much stale gist, how do we create Forums (to probably compete with Nairaland....lol) using Wordpress plugins.

Outline (for now ==> will be expanded as we progress)

1. Understanding the difference between 'Pages', 'pages' and 'posts'.

*Don't be scared, believe me, I'll take you through these. Na small thing...lol.

2. Understanding Wordpress File Structure.
You may choose to call this 'File Arrangement' if you like. Pretty simple, but continue, has some fun complications.

3. What are the work of plugins?
No be exam bros/babe, but this will pinpoint a pathway for us.

4. Making our choice of plugins.

5. What are shortcodes?
This one sweet die....lol. Very simple stuff. Errm, what do you dial again to check your balance on MTN? *556# right? Okay, now you get an idea of shortcodes.

Okay, I know you are tired. Everything above is just theory. We are done with the theoretical aspect. Please can all University Graduates move to the polytechnics now? IT IS TIME FOR PRACTICAL!

For later use, please download the "bbPress Plugin" for pending use [url="https://wordpress.org/plugins/bbpress/"]here[/url].

cc: Lalasticlala, Mynd44, Seun. My ogas I hail una.

Let's go people, who is with me?

Built a forum like Nairaland here: https://www.alphawebtips.com/build-forum-like-nairaland-with-wordpress/

kentata509:
Hello friends ,i would love to own a website like this for our company workers to be posting their views and comment ,have checked internet for a forum scripts,template,themes but i cant, find one like this,and i have tried using Wordpress still i cant find a template for this purpose, i will be so grateful for your information and opinion on how to go about this,a very good ransom awaits the person that will assist me .GOD BLESS YOU

Here you go: https://www.alphawebtips.com/build-forum-like-nairaland-with-wordpress/

Follow the guide here:
https://www.alphawebtips.com/how-to-map-connect-whogohost-domain-to-blogger/

please guys.

I bought a .com.ng domain name from whogohost and I have been finding it difficult to map it and use it on my .

Starting your blogging career with a custom domain name is one of the best decision you can make as a blogger.

Whogohost is a Nigerian-based domain registrar where you can purchase your custom domain name.

Are you looking for way to map or redirect your Whogohost domain name to Blogger account?

Follow the guide below:

1. Create your free blosgpot account

2.Get your Whogohost account ready.

3. Go to the settings section of your Blogger and look for Publishing

4. Click on CUSTOM DOMAIN and enter your domain like this: www.example.com

5. Go to your Whogohost account to create 4 A records and 2 CNAME records as explained here: https://www.alphawebtips.com/how-to-map-connect-whogohost-domain-to-blogger/

Are you a Nigerian nurse looking for where to get the right information as far as nursing is concerned?

To stay in the loop of what's happening in the Nigerian nursing community, you need to bookmark some of these websites.

The top nursing websites in Nigeria are:

9janurses

Fellow Nurses Africa

Nurses Mind

SEE MORE and what makes them unique HERE:
https://www.alphawebtips.com/top-nursing-websites-for-nurses-in-nigeria/

Ebubu:
How will you get traffic

That's not the purpose of sharing this topic.

Hey, Buddy!

Are you aware you can no longer pay for things online (that are in $) with your Naira mastercard?

No, you can no longer do that.

Sometimes we wonder if it's a crime being a Nigerian.

But there is a solution for Freelancers or people who love the international markets.

The solution is:

1. Get yourself a PayPal account and buy PayPal dollar from PayPal vendors

2. If you can, create a Virtual USD card on websites that offer them

Would you love to learn more about this update?

VISIT: https://www.alphawebtips.com/nigeria-banks-stop-dollar-transactions-using-naira-cards/

Do you know a great nurse when you see one? FNA brings you the biography of Princewill Aghedo (DNI) to learn from and be inspired. I promise you won't remain the same after going through this contents.

Who is Princewill Aghedo (DNI)?

Princewill Aghedo, born in Edo State, Nigeria, can be described as a Global champion and an African frontier for uplifting the profile and status of Nursing across the continent.

As a leading voice in Nursing, Princewill chairs a virtual hub of over 10,000 nurses and Healthcare professionals, where he provides personal and professional.

The highly skilled, compelling visionary and phenomenal resourceful nurse was nominated amongst 12 nurses selected by the Nursing Now Global campaign – An arm of the International council of Nurses (Highest Advocacy organization for Nurses Globally) in 2020 & 2020 to attend the world Health Assembly congress in Geneva, Switzerland.

Princewill Aghedo popularly referred to as Descendant of Nightingale is a UK qualified master trainer with an international award in delivering training (IADT3). He is also one of the 50 licensed Basic life support instructors in Nigeria by the American Heart association. As an instructor, He has delivered trainings to over 2,000 learners across private, Government and cooperate organisations in Nigeria like; Reddington Multispecialist Hospital, Lagos State Ministry of Health, Yobe state ministry of Health, Federal medical centre Bida, International Breweries, London professional Training Centre and many others.

Following his track record of excellence in providing professional development opportunities for Nigerian Nurses, he was appointed as the Chief adviser on career and academic development to the Nigerian University Nursing student association (NUNSA) – The umbrella body of over 20,000 Nursing undergraduates in Nigeria.

Princewill Aghedo's Education

Nrs Aghedo got admission into the School of Nursing, University of Benin Teaching hospital, Edo state, Nigeria in the year 2013 and graduated in November, 2016 as a Registered Nurse. He then proceeded to pursue Bachelor of Nursing Science in the Department of Nursing, Ladoke Akintola university of technology, Ogbomosho, Oyo state, Nigeria between the year 2017 and 2020.

Between the year 2019 and 2020, he became qualified Basic life support and heart saver instructor by American Heart Association and UK Qualified Trainer - International award in delivering training(IADT3) - Training qualifications UK, 2020

As a nurse passionate about global influence, he furthered in his education by enrolling in Liverpool John Moore's University to have his Masters of international public health in the United Kingdom between the year 2021 and 2022.

In addition, Princewill had a Diploma in healthcare leadership from the University of Washington, USA in 2021.


KNOW MORE ABOUT PRINCEWILL AGHEDO HERE: https://fellownurses.com/2022/05/princewill-aghedo-biography.html

70% Elementor, 10% Extra PHP, 20% CSS.

PHP for the job vacancy custom post type. Targeted it with ACF.

It's going to be used for a website that has 90% of it's contents as videos.

What do you think?

Anything is possible with WordPress.

WATCH THE DEMO HERE: https://youtu.be/Q55VGe_vJdg


And ehm.....I'm now a certified WordPress Developer.

Becoming a full stack developer is my goal.

SEE ALSO: Linda Ikeji WordPress Theme - https://www.alphawebtips.com/linda-ikejis-blog-wordpress-theme-download/

Do you want to be able to create your own design on WordPress without copying anybody's design or use any paid theme?

Well, watch me as I build an entertainment blog from scratch using WordPress and Elementor.

PART 1: https://youtu.be/fFzXTo5ztRU

PART 2: https://youtu.be/PlQCfaUdyXA


And ehm.... Don't forget to subscribe to my channel. The EASIEST way to learn web design.

Do you know you can design a forum like nairaland using WordPress? Yes, you can. In this article, I will reveal to you two ways you can design a forum with WordPress using few plugins.

What is a forum?

A forum is simply an online community where people share topics that interest them. A forum may serve multiple topics or a single topic in the case of forums embedded in already built websites for registered members. An example of a popular forum in Nigeria is Nairaland and others.

Can forums be built with WordPress?

Yes, you can build a forum on WordPress (most used Content Management System) coupled with few plugins. You can embed a forum to your already-designed website or blog or turn your website into a full forum.

Things to note when you include a forum in your website

Having a forum with your website or turning your website into a forum means you are ready to grant everyone access to posting topics that interest them.

CONTINUE HERE: https://www.alphawebtips.com/design-a-forum-like-nairaland-using-wordpress/

September, 2022: Another forum better than previous buit with WordPress by Dapo Obembe (Alpha Web Consult) => www.studentnaire.com

Do you want to learn how to create a self-hosted WordPress blog but don't know how?


Do you need someone to GUIDE and TEACH you everything you need to know about blog creation FREE OF CHARGE?


Imagine how it would feel to know that you do not have to wait till the end of the month before you get a credit alert.


With this skill, you could JOIN the league of people (like Linda Ikeji, Makinde of Naijaloaded, Jide of Ogbonge Blog, and so on) making at least 5-figures income from Blogging every month.


With a skill like this, I'm hundred percent sure you'll NEVER BE BROKE again.


This course is designed to make self-hosted blog creation the EASIEST thing you can do.


Having been in the game of blogging since April 2016, I'm ready to walk you through the step-by-step process to create a NICE-LOOKING, RESPONSIVE, and SEO-FRIENDLY WordPress blog without collecting a dime from you.


I'm not only going to teach you how to design a Professional WordPress Blog but also explain how to; WRITE SEO-FRIENDLY articles, Make your blog RANK on Google's first page, and MAKE MONEY from blogging.


After finishing this course, you'll be able to;

√ create a fantastic WordPress blog for yourself

√ make money from the skill by creating blogs for people and businesses

√ update your CV with a new skill.

Get FREE ACCESS to the course that teaches you how to create your blog (in under 7 days) without hiring an EXPENSIVE blog designer.

READY TO GET STARTED?

You would not be paying a fee to access this course and you'll have lifetime access to it if you act now.

CLICK THE LINK BELOW:
https://www.alphawebagency.com.ng/wordpress-course-creation-registration/

Registration is free but compulsory.

P.S: You have nothing to lose and if on concluding the course you feel it is a waste of your time, contact me and I'll pay for damages.

UncleKoboko:
I installed it but can't find any P2P options there

Have you watched the video?

Best Peer-2-Peer Deposit & Withdraw Exchange To Use In Nigeria With No Fear Of Being Scammed.

Just last week someone was lamenting about how he was SCAMMED while trying to use P2P on one of the most popular cryptocurrency exchanges accessible to Nigerians.

The fact is, P2P is a black market where traders decide how much they want to sell or buy their coins or NGN.

In every sphere of life, you'll always find some bad eggs. People who can SCAM you at their beck and call.

Who is to be blamed? The Exchanges? Federal Government of Nigeria?

But what if I tell you there's a solution to your being SCAMMED?

I have a tested and TRUSTED Nigeria-based crypto exchange that offers the best P2P option that I'm going to show you how it works in 3 minutes.

I can beat my chest to tell you CONFIDENTLY how safe and secure this exchange's P2P option works because I have used it OVER and over again.

QUIDAX P2P trading option is structured to make sure you never get SCAMMED while trying to deposit or withdraw funds from the exchange. It is different from the way foreign exchanges structured their P2P platforms.

Other than the fact that Quidax is going to be the next big thing in Africa, whatever transaction you make on their P2P section is solely under their control. No trader is scamming the other.

Ready to know how to use the Quidax P2P trading option?

Watch the video explanation via the link below: https://youtu.be/cgANvnay6Lw

Nigeria-based cryptocurrency exchange, Quidax, is officially the first exchange to launch the first token, QDX TOKEN, in Julpad and that's happening on 19th of May, 2021 at exactly 10 am UTC (3 am in Nigerian time).

In this short guide, we will be showing you how to buy the qdx token on Julpad. Delay is dangerous.

Should you not know, Quidax is going to be the home of BEP20 tokens in Nigeria and Africa at large.

Watch the video guide on how to buy Qdx Token on Julpad via the youtube link below;
https://www.youtube.com/watch?v=6TH1PFT-TIE

Get more crypto stuffs here: https://www.cryptophilic.com

Learn more about the token here: https://www.cryptophilic.com/qdx-token-quidax-token-everything-you-need-to-know-where-to-buy/

obi4eze:
Is it that easy?

By now you know IT IS THAT EASY!

Compare BNB price now with when I published this article.

Hey lovely,

You actually don't need thousands of dollars before you can make money from Cryptocurrency. You can invest as little as $20 monthly and come out with over $600 in five months.

In this article, I will show you how to make $631 by investing $20 monthly in BNB using Dollar-Cost Averaging (DCA).

WARNING: This article isn't for you if you expect to miraculously turn $20 to $500 overnight. If you are not determined and can not discipline yourself, exit this page and go back to what you were doing.

What is Dollar-Cost Averaging?

According to investopedia, Dollar-cost averaging (DCA) is an investment strategy in which an investor divides up the total amount to be invested across periodic purchases of a target asset in an effort to reduce the impact of volatility on the overall purchase. The purchases occur regardless of the asset's price and at regular intervals.

E.g. You want to invest a total of $100 in a coin for a period of five months and you do this by setting aside $20 every month from your income to buy the coin. This means you do not go all-in with the $100.

In effect, this strategy removes much of the detailed work of attempting to time the market in order to make purchases of equities at the best prices. Dollar-cost averaging is also known as the constant dollar plan.

With DCA, you can turn thousands of dollars to millions of dollars depending on your duration of investment and discipline.

Who is Dollar-Cost Averaging trading technique meant for?

Dollar-cost averaging is a tool an investor can use to build savings and wealth over a long period.

If you are someone with 9-5 job, busy housewife, medical professional, etc DCA is likely going to be an option for you if you care to make money in the Cryptocurrency market.

RECOMMENDED COURSE: How To Trade Cryptocurrency Like A Pro In Nigeria (Register Here)

How to do Dollar-Cost Averaging Crypto Investment

To explain how you can do Dollar-Cost Averaging, I will be making use of Binance Coin (BNB) and five month investment period.

Let's get started.

Let's say you want to invest a sum of $100 in total  for five months in BNB and your monthly income is $120. To use DCA technique, it means you spend $20 to buy BNB at the opening of every month without selling the coin until the closing of the fifth month.

Now, let's do the calculation.

Let's say you want to invest a sum of $100 in total  for five months in BNB and your monthly income is $120. To use DCA technique, it means you spend $20 to buy BNB at the opening of every month without selling the coin until the closing of the fifth month.

Now, let's do the calculation.

We will start the calculation from October, 2020 till February, 2021.

Calculation of how to make $631 by Investing $20 monthly in BNB

1). October, 2020.

BNB opens at $29.2696. When you buy at the opening price, $20 will give you 0.6833BNB.

HINT: Divide the amount you have (in this case $20) by the exact value of the coin at the time you want to buy it.

2). November, 2020

BNB opens at $28.5058. When you buy at the opening price, $20 will give you 0.7016BNB.

3). December, 2020

BNB opens at $31.4935. When you buy at the opening price, $20 will give you 0.6350BNB.

4). January, 2021

BNB opens at $37.3596. When you buy at the opening price, $20 will give you 0.5353BNB.

5). February, 2021

BNB opens at $44.291. When you buy at the opening price, $20 will give you 0.4511BNB.

BNB closed at $210.2138 in the month of February.

At the end of the fifth month, see the final calculation.

Total Invested Capital: $20 x 5 months = $100
Total BNB for the 5 months: 0.6833 + 0.7016 + 0.6350 + 0.5353 + 0.4511 = 3.0063
If you sell your BNB at the February closing price ($210.2138), you'd made $631.96 ($210.2138 x 3.0063).

Do you know what would happen if you can afford more than $20 every month? If you know how to trade cryptocurrency and analyze the market?

CONTINUE READING HERE>>

Courtesy of CRYPTOPHILIC