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21  Economy / Economics / Re: How is it possible to say there is no money in the bank on: April 27, 2024, 04:04:15 PM
In this recent economy we have witnessed some hardships financially and many other aspects now coming to say there is no money in the bank how possible is that can you imagine saying the river has no water? We are in the new year now huge sum of money have been signed by the government for projects but in a very short time they suddenly come out to say the country is running out of funds the country needs to borrow money from other countries the money signed in your own country where are they what is the duty of the bank in your country imagine a bank giving you the maximum amount you as a the account owner can withdraw from your own account sometimes I just feel like the bank isn't a safe place any more.
Come to think of it what if someone has a very serious score to settle for example someone who has health issue and needs money urgently then you go to the bank and they tell you there is no money in the bank for now so where does the bank want people to save their money if the bank at some times can be this disappointing should we go back to the system as at the old days where you bury your money or put them in your ceiling for safety please it's no joke anymore banks should try to be reliable as to gain trust from customers because many people are not comfortable with this system

I don't know what country you are from, but the country I live in has a lot of the problems you point out. Keep as much money as you want in the bank, but you have to face many problems while withdrawing. Many times the money cannot be withdrawn due to a malfunction in the bank's system. In case of emergency, chances are high that you will not get money in the bank and often you have to face problems due to rush, because our system is such that people are withdrawing money all the time. There are often long queues outside banks and ATM machines.

It is difficult to go back to the system like old days but banks should try to improve their system as much as possible. However, the necessary money should always be already available at home, because in case of emergency, you may face failure from the bank. People are not satisfied with the system because they have to go through painful steps to withdraw their money. The bank system is running on our money and yours, but the account holder has no value. We keep money in the bank under compulsion, because we have no other safe way.


We face alot when it comes to withdraw your savings in the Bank , banks also run out of cash ah times but isn't and never will it be possible that there's no cash in bank there may not be enough cash for your demands you want to withdraw at the particular moment.bank as it own problems with customers ,the cashier can even utter a word you will be very annoyed with unto your savings money you want to withdraw.
22  Economy / Trading Discussion / Re: Trading not for everyone! on: April 25, 2024, 07:24:14 AM
so why bother to trade when your knowledge and skills are not sufficient enough to make trading work.
It's because newbie traders mind tells trading is the way to get out of a poor life. Their mind is full positivity, and positive emotions where even they don't have enough knowledge in trading they think that it's easy. It's also what mostly mentors taught that you will be rich in trading, and that's what I also taught before. Realistically, it's possible to happen but if you only have a small amount of funds it's difficult to be in that place because you're not always win in trading,  there's no always a good setup in the market, and sometimes you experience a couple of loses. And that's what I see in trading that make our dreams to hold but we have to pursue trading especially if we are profitable because you will only fail if you quit.

You're actually right , everyone thinks learning trading will automatically change their life . but if you are sure and consistent with what you are doing,because not everyone can learn trading there's a lot of mistakes and misfortune in trading.there is time for everything just hold on patiently ..
23  Economy / Trading Discussion / Re: Trading is not a lifetime job. on: April 25, 2024, 07:11:11 AM
I'm sure not all traders will agree with me but some could possibly be on my side...

Here are the reasons why;
 1. It is quite stressful - old traders will soon give up due to mental health problems
 2. It is not enjoyable anymore - nobody will stay long in a job that they no longer find themselves comfortable with especially if you are not earning well.
      Most of the time we feel this during bear season.
 3. Trust issue due to Scam growth - traders never find it safe to use exchanges, even big exchanges.



Yeah not all traders will agreed with you but while there's possibility that majority of them will agree with you with what you say, not all traders will find it easy this days. trading now is very stressful to alot of traders out there,I honestly agree with some of the points you pointed out that  TRUST ISSUES DUE TO SCAM GROWTH with this point you can have an miss understanding with your fellow business partner due to LOW growth and hard economic like this.
24  Other / Beginners & Help / Re: What is merit all about? on: April 22, 2024, 04:37:06 PM
Greeting everyone. I was newly introduced into the system by a friend who made me to have so much interest in the system with the zeal and the passion to learn and gain adequate experience on the system but one of the major problem I'm having now is that I'm not well clarify of what merit entails and as such I will be very grateful if any good minded person can kindly throw more light on that to enable me understand in details and also benefit from the system.

I must say you're New to the forums firstly let me welcome you mate ,in this forum don't ever think of giving up, giving up is big sin . it's easy to earn merit and isn't too easy I have been in the forums for months now,I was a newbie once look at my rank now I'm a Jr member if the forums was hard for me and I gave up I won't be a Jr member my now.while merit is something that will come when it Time just focus like focus on making quality post take time and read what the topic is all about that's what I have to say mate , merit will come when it's time.
25  Other / Politics & Society / Re: I disagree that each person has the right to choose their own path in life. on: April 22, 2024, 04:23:25 PM
It is said that everyone has the freedom to choose their own path in life, but the reality of today's world is completely different; the most powerful individuals in it now pressure their children to follow in their footsteps. Consider the best footballer in the world like Messi and Ronaldo from a different angle. Their children play football; are you arguing that this is their destiny or that their parents are pressuring them against their will?
 Since the beginning of human history, the world's most powerful family has held distinct perspectives and shaped their offspring's trajectories. A hundred years ago, the best farmers, hunters, drummers, and other professions came from Africa. It was believed that a child born into such a family must have a certain gift from birth and fulfill a certain role in life.

You can't actually force someone of what he dislikes to beginning to like of a sudden, because you can force an horse to the stream but you can't force him to drink water everything is been written in every human foreheads what you gonna become in future and what's yet to become of you,but nowadays people don't want to hear this anymore they only pressured to become what they want you to become,my father can want me to study medicine while I personally don't want to, I chose music . cause music is my life many young youths are into music tho abilities and some character are different everyone as his or her chose and dreams they are after we only pray for our dreams to come true to make our parents proud.
26  Economy / Economics / Re: If being a graduate is the key to being wealthy, why are there poor graduates? on: April 17, 2024, 04:57:34 PM
People say that Being a graduate is the key to being a slave and I kind of understand the point because every graduate goes out to find a job and when they find the job, they are so excited and begin their 9 to 5, and could work the job for years and still not have so much money in savings. If you think about the wealthy people in the world today, they didn’t get there by being a graduate. Being a graduate can lead you to wealth but it isn’t often the case from what I know.

While I won't say what you said is wrong,due to the economic statistics now being a graduated those not matter, because with your degree you won't find a suitable job to sustain yourself and your families,but I don't know why majority of we humans like 90% of us thinks being a graduate you can archive all your goals and become what ever you wanna become in life but the country will leave now isn't about degrees, there are a lot of graduate out there without a Job, rummy around the Street seeking for a job even Worthy 40k a monthly buh is hard to get I feel so heartbroken writing this but I pray our leaders seek to our graduate brothers and sisters out there.
27  Other / Politics & Society / Re: why would someone think of suicide? on: April 09, 2024, 01:36:56 PM
now there are many suicides, especially because the economy that is still unstable makes them even more stressed.

but actually, apart from stress, what makes someone think about ending their own life? What do you think

Hopelessness is the major reason to suicide I rest my case no one wants to suffer both on this earth and hereafter Nigeria economy right is very very bad brother is as lead to even commit what is ahead suicide.
28  Economy / Economics / Re: Money and education on: April 09, 2024, 01:30:13 PM
Education doesn't necessarily mean knowledge and many rich people don't even have a degree because they thought its useless and not completely related to knowledge and skills. Education is the key for survival not for success so don't get confused between both cause it is different and knowledge is powerful in my opinion.

Unemployment is everywhere and lot of reasons are there why many doesn't have jobs but currently the fear of recession caused many companies including google, facebook, twitter, tesla, etc fired thousands of their employees to survive their winter. For us, we need to keep updating our skills so you won't be fired or can get a job in no time.

A white man once say education is the key to success, while a British man say Money is the roots of all evils,you having First class degree without a Job in your country is a big heartbroken to we young youth's.our fatherland is the number one in it going around with your certificate with job spending a lot of hard earned money to sponsor yourself to the acquired knowledge,while education helps to gain more knowledge If you're poor, it's a problem because you'll look useless to some people due to the fact that you can't contribute to their life financially. And if you're rich its still problem because everyone wants you to come through for them when they need you
29  Bitcoin / Bitcoin Discussion / Re: Crypto or Real estate on: April 09, 2024, 01:21:10 PM
Cryptocurrency:
 Cryptocurrency is a digital form of currency that not controlled by any government or any central authority.
In crypto, there is a high rate of return as compared to the real-estate. Cryptocurrency is decentralized (not controlled by any authority or any government). In crypto, u can trade at any time according to the condition of the market you can trade for a long or short period of time. As you wish. But in crypto, the price can swing at any time because any good or bad news is able to change the game.
Real-estate:
Real estate investors are those who purchase property to make profit. They buy residential, commercial or invest through funds. They make money when the value of the money over time increases.  Real estate provides us with a physical asset that can provide us security and stability as compared to cryptocurrency. Real estate property has high potential as compared to crypto to increase its value after a period of time.

Which one do you prefer?

As for me I don't know for any individual out there but I will go for both actually the both are Best options but which one is more profitable,the profitable one is actually cryptocurrency because you can't start a estate with just $10 or $50 but with BTC potential and just Short period of time is gonna burst into something huge in profit because BTC offers high quality returns.
 
30  Local / Off-topic (Naija) / Re: Is Yahoo(Street)the last hope of a common man? on: March 31, 2024, 10:07:14 AM
The way e dey for we country now,e be like most persons wey no get hope again for life don turn attention to fraud,known as street,and because the thing dey pay,majority of persons wey no been pick interest from the beginning don dey pick interest now.Oibo people don know us say anytin we wan do,we dey doam well.But the most amazing thing about the stuff be say most of those people wey been don almost dey give up on life,and dem later go embrace yahoo as the huzzle,God no shame dem,e come dey like say na dem dey live well pass.
Abeg make una help me put mouth for this matter.
Na d last hope of a common man be that?or e get any other thing wey dem fit do,we go make dem dey alright like the way Yahoo dey do?

Make I no talk Sha buh I ghet to talk wetin I understand, politics affect everything about one’s life it’s affect the food you eat, the cloth you wear, you tuition fee so when you have the bad ones handling it gues how life will become, so it’s not a blame game but our priorities should be to hold them accountable so that they can act right So just because the government is corrupt according to you justify the youths for cyber fraud? Two wrongs cannot make a right.
31  Other / Politics & Society / Re: Crime and the society on: March 31, 2024, 09:59:37 AM
OP you see even though crime cannot really be eradicated totally from the society, crime shouldn't be considered in any form at all because if you know the consequences with which crimes pose to it's victims, then you will certainly understand with me that crime shouldn't be welcomed in any form and whoever involves their selves in crimes in other to cause panic and uneasy to the society deserves some high level of punishment.

Yahoo boys are one of the biggest problems in this country; They're ruining lives across the globe & bringing a bad publicity to Nigeria, but the EFCC is reportedly planning to rehabilitate convicted yahoo boys? Absolutely not. Anyone found guilty should be in prison. The fight against cybercrime should be taken seriously Corrupt Politicians bring more bad publicity in globe but since we’re good in misplace priorities let’s keep chasing shadows.
32  Economy / Economics / Re: How can it be possible coping with one source of income on: March 20, 2024, 07:17:17 AM
Just do the math, if your income is enough to cover the spending then one source of income is fine but its clear that it isn't so fine something else that pays you more than your current job or just adds side hustle spreads the burden for a while.

Comparing your income and lifestyle with someone of your same income range but a different lifestyle can't really justify your view so better focus on your income and how much that you expect to spend a month along with emergency funds if the income is lower or nil then as I said find something that can bring more money to your pocket.

Doing the maths thou isn't necessary cause ,if you're leaving in the city it will be very difficult if you're not earning much source of Income the maths doesn't matter mate you won't have to do any maths down you will know that this earning won't take you before the weekend,you have say it all mate if your income isn't your best satisfaction just find yourself something doing to make you earn much money ,
33  Bitcoin / Bitcoin Discussion / Re: Day i have lost my 100 bitcoins on: March 20, 2024, 07:04:58 AM
Hello Smiley

One day, a few years ago now, I had ~100 bitcoins on Old Usb Key.

I didn't remember having them, as I'd had them at the very beginning. This USB key was lying around in a drawer, as I imagine a lot of people have Smiley

I remembered that I had a Bitcoin wallet not long ago and I tried to find my USB key, without success.

This story makes me sad, because if I'd known, I'd have been more careful!

Moral: be careful with your stuff, even if it's old :p

You lost 100 Bitcoin, could imagine if it were in your saved care it you will be worthy of millions ,but you shouldn't have given up you should have recovered your key backup Bitcoin is already worth millions of dollars I'm sorry for your lost mate you should please be extra careful with the way you keep your things.
34  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not a quick rich and get poorer investment. on: March 18, 2024, 11:04:04 PM
Nothing will make you rich overnight, not just Bitcoin investing. Investing is never a get-rich-quick scheme. Investing in cryptocurrency can change people's fortunes but not in a short period of time. Invest enough in Bitcoin and hold that investment for a long period of time and you will have hope of getting something good. Investing is only for the future and with the expectation of getting something good in the future, investing in Bitcoin will stop all other activities, but this is not the case. Apart from investing in bitcoins, you should also carry on with your other activities as normal. If you have enough investment and the market goes up as expected then this investment can change your fortune.


You're right nothing will makes someone just richer over night without not just Bitcoin investment Bitcoin can be a risky investment, so it's important to think carefully about your goals and your strategy it can falls over night and you will lose a lot If you're investing it's good to think about what kind of investor you want to be a risky investment strategy that involves frequent buying and selling
35  Other / Beginners & Help / Re: New here on: March 18, 2024, 10:48:23 PM
Good to hear from you and Welcome!

Please be not shy to ask questions and please do get through the pinned messages on all the boards before posting. Find your interest and I hope it should be Bitcoin and start visiting those boards under Bitcoin regularly. If you have other interests then you are welcome to check other boards. Remember we are a Bitcoin forum that does not mean you cannot discuss altcoin.  

Enjoy your time here and stay active if you want to grow here in ranks  Smiley

Whoa I'm so much impressed with the way you motivate we newbies I'm very much flabbergasted , having someone like you that encourage and motives an individual to do what he or she is good at,I wish to be like you some day encouraging and motivating more newbies to be commitment with good quality post and to gain much knowledge about this forum because someone of us newbies are just after merits without not understanding and getting to know more about what all this forums are all about.
36  Other / Beginners & Help / Re: Am i bad to this friend if i refuse to loan him some money in bad economy on: March 18, 2024, 10:39:16 PM
[...] because in the future you have financial freedom.
Future?? HODLing Bitcoin Today doesn't guarantee your financial freedom... Swallow this bitter pill as early as you can
Quote
What are your thoughts let learn together.
well, are you owing your friend? If no, then you don't have to feel guilty for not lending him - cus you don't even wanna lend him as you said...if you wanted to, you won't be out here seeking for our consent.
Also remember that there are LOTS and LOTS of consequences for being too nice... Unless you don't wanna get that money back, you can go ahead and loan them.

Sandra 🧑‍🦰

Stop expecting other people or friends to support or cheer for you. because half of them can't even support themselves. Understand that not everybody has your best interest in mind be ok with that, not everyone is hoping for you to succeed. and that's not because they are bad people but because they are struggling in this bad economy and when they are struggling, other people's success can seem like a threat to them. don't take that personally but it's good to be nicer and straightforward to anyone closer to you Never can tell the tables might turn around stil been to nice is an weapon for the weakest one
37  Other / Beginners & Help / Re: Quickest way to earn merit? on: March 18, 2024, 07:40:12 AM
Merit is needed to rank up and it can be given by anyone who has it to give. As far as the quickest way to earn it, don't worry about trying to earn it. Just post normally and be helpful on the forum and participate in conversations where you are knowledgeable. Merit will come when it comes.

I am so much impressed with your words, it gives me motives and courage,I know it's not  easy to earn merit as we newbie but we can't just be complaining on getting merits when we don't get to understand much more about this forum to gain knowledge about the forums, he's a newbie but he as earn much merits so far tho I don't know how good his posts are but merit don't matter I will also be happy if any of our senior high ranked members can give me merits ,but is just a matter of time merit will come when it's time we just keep making good posts I believe I will gain merits someday.
38  Other / Beginners & Help / Re: Quickest way to earn merit? on: March 18, 2024, 07:29:42 AM
I'm new here. What's all about this merit count? How is it earned? I'm assuming it's linked to the quality/usefulness of your posts/replies? Their originality maybe? What are usually the subjects you'd get the more merit for posting about?

As a newbie it doesn't matter how quickest you want to earn merit,you want to say you just here to earn merit without understanding the forums or getting to get More knowledge about what this board forum says, you're a newbie but you have earn much merits so far Isn't interesting for you , take a look at my I haven't gained a single merits yet with my fellow senior members but still it doesn't stop me from trying My best I won't give up is just a matter of time merit will come when it's time I believe in, better late than never just keep doing good work it will come on expected.
39  Local / Off-topic (Naija) / Re: Our country no fit carry last on: March 16, 2024, 09:27:58 AM
Is The Nija spirit a joke to you? Normally apart from the bad leaders and poor institutions we have, Nigerians are the best oh,to survive for this country alone don automatically give you an edge over so many people for the global stage because it takes a lot of effort, perseverance and hard work before you can survive well in this country.

Nija an the giant of Africa and na why na we get this legit board when follow for one of the most act board for the forum. All thanks to our snr mem when don go before us to set things in place so as we join the forum we get place when we got call our home.

Normally Nigeria itself na big name,if you can survive in Nigeria u can survive in any continent with wetin poor man eyes Don see wetin you wan tell am for dis hard economic wen it comes to productive stuff we usually comes first na we get beta land to produce goods ,crops,buh corruption no wan leave Nigeria them born corruption with Nigeria together so Nigeria no fit carry last , anywhere wey Nigeria's man show face you no know no b until dem tell you Nigeria to the world God bless Nigeria
40  Other / Beginners & Help / Re: As a new member I want to learn about this forum. on: March 16, 2024, 09:26:50 AM
I am a new member in this forum. I came across this Beginners & Help post and made this post. Please help me with a proper guide line how I can get idea about this forum.


You're highly welcome brother we newbies are all here to learn and be guided by our Seniors members,we all need possible help we could get from our senior members  cause there's a quite a lot to learn here this forums , some of the seniors members once say to encourage we the Newbies is to be patient and keep working hard and it will only take us time for us to reach the top with dedication writing good posts also we should contribute to posts.
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