This one na serious matter way concern and e go get effect on many Nigerians maybe not as a parent in per say but, as a youth or even parnegs cef way go like sponsor them wards abroad for studies. Non the less, even parents cef way go like add to their degree. This na direct hindrance to Nigerians archiving this goal.
Na as you talk am I try go fine the news online but, na the recap I still manage track. I for like make you post the link of the interview so we for fit follow up.

No be lie say if man see better, e no go like come back where no been bright for ram but, this thing way she talk no go well at all. Na this one show say, e no be true and patriotic Nigerian.

I am sure that first of all you need to provide high quality products if you are a manufacturer, in this case, if you have a wholesale. But if you are a retailer, then you absolutely need to maintain a high customer service and also ensure that the quality of the products is at a high level, because the best service will not help you if the customers will complain about poor quality. You can also think about increasing the range, and preferably high-margin products.

Lack of experience and lack of money was my reason for not investing in Bitcoin from the very beginning when I joined the industry back in 2015. I wasn't capable of sparing the money that was needed to buy as Bitcoin as them I was a very youny man that was just struggling to get food to eat and was schooling at the same time and taking care of myself all alone. Things will be different now if I was just starting because the means to generate the money has been known. Also lack of experience played its role because when I finally had some spare money for myself I didn't invest them wisely and lost majority of them in the 2018 bear market.

I never for one day believe the stories of Bitcoin been a scam, I even got to know about bitcoin from a ponzi scheme (called MMM) that took over my country and every young and old then was caught in the fever. Before then I never knew anything like investing so Bitcoin caught my interest and I to this day, it has had many impact in my life. I don't regret any decisions I have taken upto this day because they all taught me a lesson and all part of my story. I won't do things exactly the same if I had a second chance to start all over because the experience I have gathered are very valuable and I believe they'll help me in the journey ahead.

There have been concerns and allegations circulating about Binance, suggesting that they may have commingled investors' funds with their own revenue. Some argue that this has led to the recent market collapse. However, despite the fear, we haven't witnessed a significant sell-off. It appears that Bitcoin is experiencing its typical fluctuations and is relatively stable at the moment. Nevertheless, it's crucial to approach investments with caution. If we cannot weather the downturns in the market, it becomes challenging to generate profits.

I hope you know what Patricia is? A platform located in Nigeria that you can trade bitcoin, few other cryptocurrencies and gift cards. But I think it offers more, which you can see in the image below:

This is another example of not your key not your coin. Withdrawal as been suspended on Patricia indefinitely.

https://twitter.com/PatriciaSwitch/status/1662049215772516352?t=BTNf10Oo158vorot9LlNsw&s=19



If you do not trade, move your coins out of any exchange to a reputed noncustodial wallet. Cold wallets which are safer are recommended. I have opened account on Patricia before, not that good for trading as only few coins are listed and not supporting derivatives market. I am surprised that some people still trade and leave their coins and naira on Patricia.

It seems that you may have some gaps in your understanding of Bitcoin and its functioning. However, you're in the right place to expand your knowledge and gain more insights. Bitcoin is a decentralized cryptocurrency that allows you to purchase and store it in your own digital wallet. By holding Bitcoin in a non-custodial wallet, you become the sole custodian of your funds, acting as your own bank. Based on your post, it appears that you may consider acquiring a hardware wallet, which offers enhanced security for your assets. With a hardware wallet, your funds remain fully secure, and unauthorized access is virtually impossible unless your private keys or seed phrase are compromised. Therefore, apart from the inherent price volatility associated with Bitcoin, there is little to fear when exploring this cryptocurrency.

Marketing is the major factor that helps in better profiting from the business. Adding more and more choice of payment and some discounts is a way through which new customers can be attracted. Best thing is the word of mouth spreading. For this to happen we should have our unique product/service, which means our service can't be availed by any others. If someone after using the product/service will share their experience to their close ones. This surely tempt the second person and the person's satisfaction is a must to reach the third person and this continues.

Your post shows the resolve to learn about bitcoin and all around it and this platform is going to help you do that in the long run but don't throw your guards away to embrace everyone and everything online to be true and genuine in whatever is said to you. Many people may yet approach you for investment but be wise and ask questions.

On your own part, there are things you need to do to secure your financial investment like you don't have to compromise your wallet address, keep every password away from third party. Bitcoin is a decentralised digital currency and so you don't need third parties interference. Don't oblige email messages requiring your response or reply when you don't know the sender or not expecting any email.

You can check to read more about bitcoin here

Maybe I'm just an old fart, but if there are people here who have no clue what the volatility difference is between the stock market and bitcoin (not to mention altcoins) or simply that the stock market is volatile at times, they really ought to learn a bit about finance before plowing a bunch of money into anything.

And yes, as I said stocks can be volatile--but overall it's nowhere near the level of bitcoin.  The wild swings have seemingly settled down as of late, but you don't generally see 20% (or more) gains or losses in the course of a day in the stock market, and if that were to happen it'd be front page news.  But that kind of volatility has been seen in the bitcoin market repeatedly, and everybody just yawns.

OP, do a lot more research before trying to pick stocks to buy, and don't rely on people's posts unless they seem well-informed.  The fact is that we've been in a sustained bull market for well over a decade now and at the moment stocks are overvalued in general.  So if you buy some tech stock with no earnings or a P/E >25 or so, you're probably buying near the high.  The safest thing to do (and it's been recommended by many economists and financial advisors) is to buy into an index fund that tracks one of the major indexes.  That way you're basically betting on the stock market as a whole and not on a single company.

Good luck in whatever you do.  Markets are crazy right now, so get a feel for things before making a move.

Not always. There are some "toxic" customers and time-wasters who come to your shop without intention to buy anything. You will lose your time and efforts to sell but the deal is impossible as they were not even considering buying anything initially.


Sometimes this works against you too. If you sell items of one or few specific brands, you have your own loyal customers, easier to control stock, do accounting, buy items etc. This saves a vast amount of time and work. The more time and energy you have, the more you can achieve.
 

You don't have to lose your fear, fear and skepticism are what keeps us away from making wrong choices. Always be doubtful of any venture which is presented to you cause it very likely is a scam.
By confronting your fear, you do your diligent research and try to convince yourself that this is not a scam.

Use the search option effectively, all the information you seek is available on the forum which is a repertoire for Bitcoin knowledge.
Also, this is an anonymous online forum, feel free to ask questions and discuss as freely as you wish to, and grow a thick skin to take criticisms and a bit of trolling.

The internet space actually offers much greater opportunities for side business (even permanent), but it needs to measure some things that are generally not different from real-world businesses such as skills to adapt to market needs, financial ability to determine the scale of business, and environmental interests.
Of course, to build a new business in the midst of difficult times is really hard work and requires a lot more evaluation.

Haterz gonna hate.

Call him in a year or two when the price, imo, will be like 10x .

While everything may seem fine, there is a small concern to be aware of. We acknowledge that Bitcoin has brought considerable gains to many individuals, but it's important to recognize that some people have also experienced losses with it. Let's imagine a scenario where you invested in Bitcoin when its price was $70,000, but by the time you retire, its price has dropped to $15,000. In such a situation, your financial circumstances would be significantly impacted. It's essential to consider these possibilities when contemplating investing in Bitcoin with the expectation that it will support you during retirement.

Nevertheless, we are aware that Bitcoin tends to follow historical patterns. Therefore, it requires patience to wait for favorable market conditions. It's prudent to have a backup plan, a Plan B, in case Bitcoin's value plummets during your retirement. This ensures that you have alternative strategies in place to safeguard your financial stability.