The first question would be:
Are you good in trading? If NO, then don't dream of venturing into it because it's a very risky adventure and you can loose your capital in a twinkle of an eye. If YES, then proceed with caution.

For the Bitcoin investment, are you willing to go for a long-term? If Yes, then proceed to invest, if NO, then you may avoid it so that you don't sell in loss when you eventually need the funds within a short while. It's right to invest into Bitcoin with your discretionary income and not income you'll be needing soon for your living expenses or other concerns.

Converted it into USD and it was over $600. I think that is a pretty decent amount, maybe a little more than decent actually. Not a bad amount but really it is also about how you can make the most of every penny. It would depend on your strategy and whether you are any good with it.

Don’t even stress too much about trading. Just think of Bitcoin as a superior form of money.Forget about the naira  switch to Bitcoin instead. Treat Bitcoin as your primary money because it’s money without inflation. I checked on Google, naira is Nigerias currency and it has an annual inflation rate of about 25%. Thats more than double the inflation of the US dollar, which is still the strongest fiat currency in the world out of over 180 fiat currencies , and all of them are inflationary.

When we say “inflationary,” it means they lose value over time. For example, if you hold 1 million naira, you’ll still have that same amount next year in numbers, but in reality, you’ll be able to buy about 25% less goods and services with it. That’s inflation ,a hidden tax on your savings.

That’s why you should use Bitcoin as your main money and the money you save in.

I think the first question you need to answer is, "Are you willing to lose that 1 Million?"
Because if yes, then go. Trading or investing to Bitcoin is already a risk, on one knows what will happen after you place your hard earned money on it, especially in trading.

Bitcoin investment doesn't have any limitations. Whether 1M naira is enough or not fully depends on your financial situation. I am talking about Bitcoin investment, not about Bitcoin trading. Since you are at the beginning stages, I don't prefer trading with a big amount that you can't afford to lose. Rather, I will prefer to invest and hold for quite a long time. Even if Bitcoin price dumps after you buy, it will recover somehow. Because we are witnesses to Bitcoin breaking ATH again and again.

Then you should learn about Bitcoin trading slowly with the small funds. Unless you gain some knowledge about Bitcoin trading, then it's possible you might lose your portfolio. You have to analyse the market and read the chart for trading. Real-time decision-making is most important in trading, along with patience. Amount doesn't matter, either small or big, for crypto investment. You can increase your portfolio. But don't think of crypto as a quick-rich method.

You have skills in trading? This is not easy you will bear all the risks if what you do in the trade is a lot of losses, if you are still a newbie it is better to avoid trading and switch to investment even though it is long but it is promising because there is no instant investment.

1 Million nai is equivalent to $653 conversion now that's a pretty big amount so it's better to just invest, even if you buy bitcoin now in a high state there is still potential to go up again - people estimate bitcoin can touch up to $150K.

Go for a bitcoin investment, leave it for the next circle to come, you're highly likely to making profits from that than you'll do with trading because you really don't sound like one who is really good at trading. Forgive my quick judgment but I may not be wrong.

Don't trade because you have such money already available, trade because you trust your trading skills and strategies and have backtest it to have worked many times in live trades. Trading isn't as easy as some social media platforms makes it sound. Do your research!

If you have only one million naira without a job or skill that will be earning you steady income you should not think about cryptocurrency yet, you should first concentrate on finding a business that you can start with that amount or look for a job. Crypto or Bitcoin trading should be an alternative business because you are not sure of making profit, you can easily lose all your money if you don't master how to trade. Also Bitcoin investment should be an alternative source of income because you need to hodl for a long term to be profitable, it is not a get rich quick scheme that promises you quick returns on a short term.

In summary it is better to have a source of steady income first, then diversify part of your profit or income into Bitcoin, if you have trading experience then you can trade if you don't then invest. Between trading and investment I prefer investment because trading is very risky.

It all depends on the total capital how much that million represents as a portion of the whole. If it's everything you have, then it's a risky move. But if it's just a part, then why not. Bitcoin is an asset that requires patience in order to generate good returns.By dividing capital by investing in different sources, we reduce the risk of making an unsuccessful investment and losing everything we already have.

This is advisable if @OP has the fund to sustain his daily needs without touching the investment.  In addition, if @OP has the patience to wait for the prices to increase even if it takes years before.  If @OP targets trading, then the question would be how knowledgeable he is about trading.



The thing to consider here is the skill of @OP in trading.  If @OP has a knack for it(trading), then go and trade strategically.  but if he does not have the skill then better avoid it until he is knowledgeable enough.

I won't comment about physical business because it has been proven that physical business do require hardwork but is more controllable than Bitcoin investment or trading.