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If you get bitcoin from centralized exchange then make you move out to a place wey na only you go fit control am and do weti you like. Keeping coins Centralized Exchange Wallets e no dey advisable because we dey talk dis dis based weti don happened wey we don see in the cryptocurrency space. When u buy send am go non custodial wallet then wen you want sell am then you go fit send the amount or the unit wey you want sell and keep the rest there again.
Na di advise dem been dey give us since so nai make we dey give you back. Bitcoin na investment wey you go wait small before im go ripe for you to pluck am chop. You no go invest in bitcoin and say you want to pluck chop within one month time. Omo e no make sense. So you have to keep for some years to come.
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Op you be Nigerian and I know say you know plenty things wey you fit use you laptop do but I noticed say you just want to find our mouths. And other users don tell you weti you go fit use am. And me na add I go add for you. In this cryptocurrency space, you can use your laptop to create websites to fetch money unlimitedly, creating of Facebook pages for people, blogger, local news editor and movie editor. So these are some the things you can use your laptop to do and get small small money every day.
And those ones wey we describe if you can do all at a time then you specialize in one area and focus on it so that everything go dey well for you.
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Wow!!! I so we have newcomers like this in this board. This marvelous and very interesting thread to read. Op I applaud for you. I no get water in my house I for baf you with K-brothers soap. Well apart from joke you really tok well and real day matter na just to clean the board and let dem no fear anything. But dey have to be careful with di topics dem dey create and as di op said. Let dem tok about things day concerning cryptocurrency and relevant topics from naija news and not tori wey no concerns us.
I love di board dis days. Di board is very neat and di way I dey see am def di board dey move pass before. Communication dey flow Wella.
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Op you really tried for dis one. People just dey compare real estate with bitcoin investment. Though they can do that and can be base on the terrain. In my locality people are building houses for rent and when water comes omo, nobody dey stay there and when water finally dried off people no want to go back again because dem dey fear say water go still come for another year so renting houses in those areas na just waste of money so when you see dis kind thing, you still want to invset in real estate. Real estate business can only be good at the areas that water no dey near sef and such places like islands.
And base on what I have said, investing in bitcoin instead of real estate is better. Real estate business is also yearly and within that year if you invest in bitcoin you will double that estate money. And base on the experience in my terrain investing in bitcoin is the best.
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Lolz the mind analyst Weldon for the informative thread. Now first of all. Let us discuss small. How can someone become innovative without thinking of what to do. In Bible, nobody can create new thing and God has created everything for us. We only study to know more about those already created things by God so the sound mind must come from the those who are ready discover new things.
The sound mind is also refers to those advocates the sound mind is one who speaks for the people and that who Abraham Lincoln was and advocate for the people, and Satoshi Nakamoto was having the mind to liberate the poor from the oppressive rich people and Rev. Dr. Martin Luther king was advocate for people who were chained in the Church from the spiritual growth and not to grow and he spoke to liberate those who where in the bondage. And others have said, the mind is the most important part in human body because the mind control everything other things in the system. Ones again thank for the sound mind of yours.
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There is no business in the world that is risk free. All businesses have risk but how to manage them is the main thing. But in every situation one must cut the "coat according to his size". If there is money invest in a large scale business then there is no problem but whereby there is not enough capital to go for the big one then the small one is the alternative.
There are different ways one can raise capital to start small scale business. He or she can ask the support from the family members and friends. He should not ask all the capital in one person of group but divide it to the friends and the family members. So that the funds can come easily. There are many business ideas in the world. At first you have to think of what you can do better and focus on it. If you want to become somebody in the society then you don't have to be shame, do whatever that can give you money. And start your life from there.
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Rich people like to buy things in a big super markets while poor people like to buy things in the ordinary road sides Market because there is no price tag in the road side Market while in the super markets the prices are already tag to the goods or products which the poor people can afford to buy so instead they prefer the local markets to the standard super markets.
To make money is good but rich is from the heart and not the appearance. Rich people like to use those super markets because from their thinking, they don't want to mingle with those poor people in the general road side Markets. But the sweetness of anyone is to mingle with the poor in the market and buy things. Now through there you will know the feelings of the poor and prices of things and not already tagged prices.
I don't think rich people will like to buy things that are not up to to the amount of money tag on it. And that is where the poor like to price it to reduce it. But some rich people really buy things without pricing. As they see the price they would picked it if the goods or the product enter eyes. They would not like to know the quantity but the quality.
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Well bitcoin is still on it tender stage so many investors are still looking at it from afar and when bitcoin will live for like 20+ years and the value appreciating every year then you will see investors will trip in to invest and at that time the price of bitcoin will skyrocket to another level of All Time High. In the whole world the number of people that are sceptical about bitcoin are still many so with time the population will increase more than like this.
Not everyone in the world have access to gold and many only have heard the name and have not used it.
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Op you are welcome and calm down to learn and Op I must say the truth, the amount you said you used to buy the land is too high. You mean, you used $10,000 to buy land. Is it that your country Currency is dramatically devalued? That is too much. In my country that is 10 million so I was imagining how many plot of land s did you buy with that amount of money.
Buying of bitcoin has nothing to do with inflation. Bitcoin is not part of the inflation issue. So if you she the money you buy and if you don't have the money then you wait till you get money. Bitcoin can be bought with $5 and above. And you can use non custodial wallet to secure you funds. If you don't know how to use hardware wallet then Electrum wallet is very good for you to use and keep your coins. Yes the fee of bitcoin is like bitcoin itself. They are all volatile in nature and the price will go back to the bear level for everyone to enjoy again.
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The thread would have best suited in beginners & Help because newcomers are more in that section. Then let come to the content. Op what you have said is very correct. This is how internet scammers do to scam people. Sometimes there many in the room so as one person call or drop and others also drop different information nd recommendation and those who don't know anything will call the contact thinking that the person they contact is a good person. And if you call one person in that place they will give the phone to one another making the thing more real.
This kind scam is not a new thing to me, I know their tactics so it will be hard for them to scam me. One thing is that if you are not greedy to be rich over night then it will be hard for them to scam.
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Let me first answer your question before I say other things. Yes a gambler can be a very good trader. He will not be afraid to trade again because he has seen risk in gambling so there is nothing to be afraid again. Gambling and trading are of two different things all together. In gambling if it is in sport betting, you place your bet and wait for the game to to finish and see the outcome of the bet and in that process whole waiting for the game to end you can trade. The gambler can set time for his trading.
So within one to two hours period you can place a trade of twice or thrice while waiting for bet. A gambler is a risky taker so it will be easy for him to trade. A risk taker is not afraid to take another risk which will make him happy. Traders and gamblers take a well plan risk. Like most of the gamblers in this forum are traders are well. And personally I have traded in the time passed and also gambled though all the two did not favour me but that doesn't mean I will not do again. It is even better to trade and gambling. Trading gives instant profit while gambling gives instant and long term income.
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Exactly. But the way I am seeing the market it might cross the $40,000 before this year will end. And the drop down will hit below $32k and that will be an another opportunity period to buy more and store it in the wallet for the bull market. Do we have any targeted price of bitcoin? I don't think so but all are just predicted prices. There are different price list of bitcoin even at the end of this year and also to the bull market.
Buying of bitcoin will not be a problem buy the will the money available to purchase the amount you wanted? That is a big question. Yes buy and hodling is the best thing to do even from now.
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Because of this I created a thread in the local board that "if you want to invest in bitcoin you have to do something so that you will not touch or use your investment bitcoin. But whereby you are not do anything and only depends on the bitcoin investment then definitely your plans will be altered". " But whereby you are doing something and you invest in bitcoin then you investment will last and the plans will work out successfully. Making your plans realistic is one the best thing in the investment of bitcoin.
The things that will affect your bitcoin investment should be really with before you start the investment so that those things will not come and disturbed you in the future.
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This is not new in the economy system. And also this is not new in the world order in the economic structure for the humans. The economy is fashion to make the already rich people more richer and the poor masses to be continually poor so that that they will be begging from the rich then the rich will be feeling big because they poor is begging from them.
Really as for me I don't know who is making the things more costly, is to the government or the billionaires businessmen? I think it is the billionaires businessmen who initiate the cost and implemented by the government.
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You have written enough but all what I will say is that bitcoin is meant for thick skin people who have strong mind and the confident to invest in bitcoin and still hodle it for years to come and not for the weak minded people who are always afraid. Yes bitcoin started the year with a good fortune and it ending the year with bigger surprise.
Those who are thinking that they are making the wrong choice of investing in bitcoin should leave and let those who are ready invest in it. Because it is not everyone can do a business and become successful. And since bitcoin a digital currency which can be used to purchase things then if those people are selling things then they should accept bitcoin for the transaction.
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Yes bitcoin also has advantages and disadvantages but that doesn't mean it is not perfect. It transactions are irreversible because it is a decentralized cryptocurrency blockchain nobody control but if the recipient is a good person and you discuss with him or her, you the coins can be send back to you therefore it has been reversed . The volatile and unstable Market price make bitcoin more interesting because when the price is low anybody who has money at that time can buy it and hodle it for the next bull market. Remove that particular clause that says "bitcoin is used for crime". Bitcoin is a newbie in the world and crime has been on this Earth centuries before even bitcoin come to this world so bitcoin has nothing to do with crime. It is crime that comes to it and not bitcoin that looks for crime. People use it to commit crime and that doesn't mean bitcoin is a crime invention. I only like democracy and not capitalism. I am not a pro capitalist but a strong believer of socialism. And I might only adopt the mix economic system. Yes I agree with you on the saying that, the flaws of bitcoin is not it weak point either they are making it more stronger. |
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But I hear say na Davido pay di bill for everyone that dey ow MTN because im win award. Some came to my side and told me di Tori and when I checked my account, I come see say n true true dem don clear my #500 debt. But I never really believed say na Davido go pay day money because dat money go reach trillions. All di households in dis country dey ow MTN and the minimum go be #50 and above.
Na better thing wey Dem do oh but I still dey suspect dem. If na MTN really remove all dis people their debt from di database then something is better e don happened to dem and dem no wan tell us. MTN I know e no go just clear people loan like that. Dem too like money. Don't worry we go hear di story very soon.
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. I have known the Bitcoin lightning network as the sole solution to this problem of congested transaction as the lightning network is actually a third layer in the Blockchain that allows transaction to be confirmed faster and with advantage of reduced fee.
DaNNy001 you done used the lighting network before. I know say u don hear am but have you used it before because I can remember di last time when I want to use am e no dey easy na so I drop first and I come think say na only no sabi omo today I come see say dem plenty for forum. A manager wants to pay im workers with lighting network because of the high transaction fee but many of dey say dem no sabi am so some dey come dey suggest to receive pay for 1-2 months time. This matter dey worry people. If no because of the ordinals made dem remove di ordinals from the bitcoin network. Dis one na barrier be this. If I try sabi use the lighting network then I go only use lighting network but e be like say you go pay money for the conversion process. |
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