Yes e dey possible but even though you have all the requirements to start the mining business, you will still need God environment and the last time when we discussed about this mining of a thing, some people suggested at the northern part of the country that it is best place to do mining work base on the land and the environment.

 But electronic or power supply is not guaranteed in the country and we all know that one. I small small mining industries are in the country and not the big once for now but we believe with time mining will be everywhere. There is money in mining business because a day one can make 40-60 dollars.

Sorry oh if I offended you from the thread but I don't think say there is any off content in the thread. The last part of the thread na just addition wey I decided to add to tell people say let dem no create thread because they want to. Oga me if dem don create this thread just tell me I go lock this one in sharp. Please drop the link of the first thread wey you see say I imitate.

If you feel say wey I tok e no go help you den u no need to tok am because me I know say na better too be dat. If you dey invest in bitcoin and you no dey do anything and only di invest, Oga me e no go work out o. Finally u go chop di money finish. Nai make I say make before you invest in bitcoin you need to do something so that the investment money go save.

Without proper plan all our labours are in vain. In everything planning is the Paramount thing to do first before any other movement or act. In this industry the beginners want to acquire 1 bitcoin and those who have acquired 1 bitcoin want to acquire more bitcoins. So the aims are different but the goals might be the same because everyone is planning to store their bitcoins for a long term. This is still the best time to start.

As for me, my target is to achieve 1btc before the end of 2024. And if that can be achieved then I will sell another goal with different aims again.

Senior man you have spoken well. Op you too have tried by bringing this kind good thread. But the way I see dis matter ordinary mouth warning e no dey enter their hears and believed because of all these issue nai one of our senior mancy create a thread and after that thread di board looks neat. And dat does not mean be say let dem no create thread or make comments. Let dem create and make comments but in quality.

Newbies e too dey in rush to create threads let dem read and learn from others well before creating thread.

That was the orientation given to us and many of us fall for it but later when we realized that bitcoin is not what they say then we invest in it and today we are laughing. Op you do well for understanding bitcoin and invest in it. The small amount you start with will bear good fruit for you. But you have to top it whenever you have something. 12k monthly is a very good decision but one thing you have to know is that bitcoin is not stable and in these days it on the rise. If you would have known, you would have started this investment since but not yet late.

I wish you all the best for the investment. Saving money from salary to invest in bitcoin in Nigeria but s not easy because things are very cost and salaries are not increase. If your salary is some how big then increase the 12k to like #20+k because of the rising way of bitcoin. In bitcoin the more money u invest in it the more profit you get.

This one just like na warning sef, no invest in bitcoin when you no dey do anything to support am because e go affect your investment. If you want to invest in bitcoin at least make you dey do small thing dey get money so that you will not touch the bitcoin wey you don invest. Na this topic dey make me dey create this thread Economy affects Bitcoin investors.. Because of the way bitcoin dey appreciate, everybodi want to invest and thinking that bitcoin go give them big profit for within few months of 3-5 months and dis people e no do anything and just want to depends on the bitcoin investment and thinking to have great harvest in this few months, and within this period, when thing are not going well with them in the side hustle then dem go remember say dey drop money for one wallet and dem no go kill or starve demselves when dey have money somewhere. And when you look at it na true, dem no go starve when there have money in the wallet. So dey will visit their wallets and sell dem to feed themselves. But to say dem dey do something outside di bitcoin investment then im or her go dey buy bitcoin small small every week or month with di money wey im or she dey get from side hustle.

A relative met me today and told me dat she want to invest in bitcoin and I asked her weti she dey do, so that when she starts di investment she no go touch di investment money until years to come and she told.me that na akara nai she dey fry. And she dey save #500 every day and she don save 100k from di capital and she want to invest in bitcoin with di profit and I was impressed. And I asked her how did she know about bitcoin and she said, she saw it in one my comment in a family WhatsApp group and she make enquiry and dem told her dat bitcoin na correct investment so she want me to teach her so she can invest. And I told her that all she needs na Android phone since we no get hardware wallet in di locality. And she told me dat when she buy di phone she go come back to me she she can invest and I told her dat dis is the best time to invest as bitcoin e still dey low.

It has been long I create thread in the local board but I dey make comments steady and this thread was created through the reading and making comments basically from dis thread https://bitcointalk.org/index.php?topic=5472766.new#new so weti I dey tok be say make you no dey in hurry to create threads, read more and in the process you go produce better thread. Good luck to all newbies.

Anyone wey get money and fear to invest in bitcoin lack the understanding of bitcoin and dem need very serious teaching on bitcoin. And that is why people are saying that bitcoin no bi for everyone. Now there is another wey we need to know be say. You have  know the good part of bitcoin and the bad part of bitcoin before u start di journey if not you go dey crash because all your mind be say you won Hama. No bi like dat oh. The going up and down of the price sef go make you vex. And one thing be say, you go dey patient to do am if not you go vex one day and sell everything and leave di matter for matayas.

This would have been a very good topic which would have been narrow it to bitcoin related topic which Brainboss did in the beginners and help Board. This na di thing dem dey tok about. Now if pesen submit thread thread for off topic people go say why? Let me tell guys one thing. There is no topic you want to create dat u no fit narrow it to Bitcoin related matter. And that is were brain work come in. Always think the how to construct topics to bitcoin, Economics and politics which also related to bitcoin. Dis topic like did ehn na very good topic for bitcoin and Merit for sama your head. Like 'Why can't you use the #500k for investment instead of using it for iPhone 15"?. Is it to belong or guy? And if anyone like to buy such phone, e no supposed be your wahala, because na di person money. He has to enjoy his money. Normally life e no supposed hard for the youths.

That is don't rush to create thread but be patient to think and read more. Though it is not compulsory that we must create only bitcoin topics, we are to create threads on politics, Economics, breaking news and etc. And let me tell you again, as a newbie you dey find merit and u have to create threads that will attract merits and not dis type.

Okay. I thought he is from Nigeria and since he is not from there then it is better keep the thread here in the general board. And one thing I will still add to what others have said, the NGN/USD in Binance is not the same with the Nigeria stock exchange price. I don't know if other people also noticed this. What I exchanged from the black marketers is different from the Binance rate. This days NGN/USD is having some conflicts that thy are drifting who will go down for the other. Last two days dollar was drastically going down but today it getting some appreciation.

But let see what will happen in the next three months. According to some analyst the president might reduce NGN/USD exchange to 1 naira equal to 1 dollar but I don't think that can be possible in the country again.

People see altcoins differently. But let me answer your topic question. Not all Altcoins are fake but some are. There are some that created by internet scammers to scam people and those ones are also in line with airdrop. Many people don't want to use their ears hear altcoins because they believe that all Altcoins are shitcoins but that is not true there are some altcoins that are legit. And there are some people use these altcoins to make profit. Like litecoin, ElonCoin and Ethereum and some other ones are good to invest.

Banks have nothing to offer to their customers. The only time bank gives interest to a customer is when that customer has about $4,000 and above in his bank account and he or she keep it in the bank for months or years then the bank will be given 5%/10%  interest every month. I know of a woman who is doing loan business and she deposited $4,000 in local currency and she told me that the bank is given her 10% interest every month and she is also interested to invest in cryptocurrency.

But the was I understand the recent investments and mostly on the technology, it is those who don't understand the workability of cryptocurrency invest in local banks. Me I prefer cryptocurrency, be a altcoins or others I will choose crypto to Fiat bank. The risk in fiat is much more bigger than in cryptocurrency.

Bitcoin is on the rise now and this is an indication of bull market. And now that bitcoin is $34k to $35k those who want to buy and hodle, this is the best time to invest. Those who indicate interest to invest on bitcoin in my location came to meet me yesterday and I told them the factors involved. I told them both the benefits and the risky. Early is the best.

Bitcoin helps macro economy and not only the micro economy. If bitcoin is helping El Salvador economy to reduce inflation then it automatically helps the macro economy level of the country. Then as you said, it helps the micro Economy more for now because the global adoption is still low. Inflation is done by human and it control by the world powers. There are different factors making things to increase in the world. But countries differ.

And the general element that causes inflation is US dollar. In my country the US dollar has a very big influence for the price is of things. Even local products depends on US dollar because when you sell your local products, you will used the money to buy foreign products so they have to sell it higher to match the products.

Move the thread to local board for proper communication. Many users are not coming to this place to see this thread here so I advise your move the thread to local board. https://bitcointalk.org/index.php?board=275.0. CBN can't dump USDT in Binance because it is one of the exchange values so if they removed it will affect their business because most of the people that using Binance uses USDT to save their coins because it stableness. Where is the link to the CBN allegation of banning Binance from the country. I will once again ask you to mine there thread to local board.

Meet a gambler in your location or resident to show you the physical side of how to stake a bet and where to start from. There is no too much strategies and all what you have to do is to know the game you want to stake on. Like of you are to bet on Arsenal then you need to know the players (squad) very well. You need to know their strength, and if they are capable of beating the other team. Betting on team does not means that you are a fan of the team, if your team will not do well and you know that the other team will win them, you have to play the opposite because we are talking about losing and winning of money.

So the best approach is to understand what you want to bet on. Because if you don't have knowledge about the team then you will only play and loss you money. This has happened to me. So I have to meet a friend who is a very good gambler to teach me how to play.

But are you also dreaming about your own casino? Before you create a thread like this then means you have ambition of getting a casino site or planning to affiliate with other and that is why you are asking others to join the industry. And one thing I know is that for you to have a casino company, you have to be a gambler because at that you might at the danger, the cheating methods, and all the tricks of gamblers. But those who are not gamblers can also have a casino site but the knowledge will not be as the other person.

For you to own a company at least you have to know the details of the things to the in-depth. If you think that because people are making profit from the business so you decided to join without knowledgeable about casino, you won't survive. And some people are not good in business even though they are good in gambling. So they will at the side of always win games.

You know that $35k is not the last price of bitcoin so it is still at the best time to buy. I was telling some group of people to invest on bitcoin in the month of August when bitcoin was $25k and they were afraid to invest in it and when bitcoin reached $34+k this days they came to me and said they want to invest and I told that they should bring their Android phones for me to down the wallets and apps and most of them do not have Android phone to start the process. Op I advise you to buy even at the moment of $35k. It will be a big profit for you.

Yes of course. In any investment you use the profit made from the capital to buy things for yourself. You can't store your bitcoins in the wallet forever. When you die who will come spend the money for you therefore, you have to spend you profit to buy things and have some fun. I believed everyone is investing in bitcoin and when the all time high has reached then you sell some and keep some then use the sell money to buy things.

Many people are afraid to invest on bitcoin because it is new to them so they need proper orientation or education on bitcoin for them. Others are afraid because if scammers. Yes it is not by force but people want to learn and no more but no one to teach and show them the road. I have met several people and I explained bitcoin to and most of them complaining that nobody has told them what I explained to them and that is why they have not invested in it.

Bitcoin orientation or education is needed in the communities. Many people are out there to learn but non to teach them. So we should tell the important of bitcoin and the risk involved so that they will be aware. Like today I was tell a lady about bitcoin and she was interested to invest. She took my mobile number so that she can learn and invest in it.

Unless you open your wallet in another person device and click remember me in the device and you logout from the device and unknown to you the person clicked remember password and the person login after you have logout. And go to the setting and see the seed phrase and copied it and transfer it to somewhere and later use it to hacked the wallet from another device if not nobody can Brute-force  wallet and see your seed phrase. Seed phrase is not a password that hackers can use trial and error method to get it. It is a combination of 12 words so it is impossible for them to do that.

Hackers use Brute-force on straight forward password and not even complicated ones.