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Nigeria marketer's will be happy and accept it because it will make financial transactions easier and more increase in marketing, because even when ban in February 2021 by the CBN ,Nigeria has continue to adopt Bitcoin transactions,and most investors observed by CBN were not using local account, so it was difficult for their accounts to be checked.
In 2021 a Chainalysis reported that cryptocurency in Nigeria grew by 1200% within a year and Nigeria was the sixth leading country in the world in terms of cryptocurrency adoption despite the CBN's ban on it,that same year,Nigeria traded #316.9bn worth of Bitcoin which has over six million crypto transactions and 16,000 transactions per day on paxful which made Nigeria became top on the p2p platform .
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Plagiarsim is the use of somebody's content without acknowledging him his due benefit or credit. Plagiarism can be cause by lack of not knowing w,hat to do ,tiredness,laziness,close deadline,and too much work to do.
There are various kinds of plagiarism, each type is caused by various aims or plans which can make you be a victim.,direct or complete. Self/auto, patch,and accidental or unintentional plagiarism.
Total plagiarism must be avoided when writing and so you bring to use many things and ways of preventing it.when preventing plagiarism you have to observe direct quotation, paraphrase the content and credit the original author, citing after reward to the content, removing and rewriticontent whole content and turning into opinion.
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In the cryptocurency industry, trading is the most important.A good trader has to know the way of trading, terminology and understand the characteristics of specialization and generating source of a detaimed examination and many other things ,such as tags, limit orders ,stop-loss,bids. e.t.c.
Limit order÷ it has to do with a request to buyer sell an exact amount of an asset at a particular price.
Buy limit ÷ involves in setting a price below the current market amount.
Sell limit ÷involves in a way of selling at a particular higher price than the market price.
Stop loss÷ it is used to reduce possibilities of losses when you set a certain price of an asset you want to sell in case of price drop.
Currency Pair ÷This involves the two currency which you are going to use for trading among themselves.
Bid ÷ is the price which you want to buy cryptocurency.
Ask÷ is the amount of an asset in which the seller is prepared to sell.
Spread is the differences between the two prices .
Market order ÷ is a procedure to an exchange forum to buy and sell cryptocurency under a fixed conditions.
A market order will urgently be met at any price available, the only thing you have to set is the amount of Bitcoin or other cryptocurrency you want to buy or sell which an exchange will carry out your order fully.
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Bitcoin dust is a small value UTXO or UTXOs that may be up to and equvialent of a few cents .Dusting attack has to do with receiving small quantity on not searched Bitcoin. The most important part is not to spend any Bitcoin dust not intended ,including it in a payment . Not all Bitcoin dust is harmful, sometimes wallets accumulate dust because of change gotten from creating a transaction .
The major difference between small change in a Fiat world and UTXOs is that, The more U TXOs are needed to make a payment, the bigger the file size of transaction and the higher the fees paid to the miner who adds the transaction to the Bitcoin blockchain.
There are some crypto exchange which allow dust to be converted into other crypto token which can be used for trading, also some wallet provider which have coin control features. When you have dusting attack ,they can be neutralized by locating the dust, freezing and isolating the dust
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With the poor state of electricity supply in our country and the high inflation of the economy, increase in PMS (fuel ) price,it has become very difficult to use generator, power bank another issue of its own even solar has also become more expensive for people to buy or even pay in instalment.
Livelihood is becoming more difficult by the day,no money to have your proper and adequate meal,no good job to maintain your standard of living and meet your needs.
I got introduced to Bitcoin and I have been trying to do my activities, but the condition of poor electricity supply Will not permit me to easily do my Bitcoin activities in the forum .
How do I find a way out of this epileptic power supply of the country, so that I can be consistent in the forum performing my activities .What do i do ? I seriously need your contributions and advice.
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Congratulation Zasad @ on your centenary birthday in bitcoin, may all your efforts be crowned with success .I am blessed to have people like you to educate and help us more in this forum for your knowledgeable ideas, contributions and quality post you have imbibed in everyone most especially the newbies like myself thank you.
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Can someone on this forum help me clarify (in simple terms) on some of the infrastructures or technologies put into the development of Bitcoin that can make it stand, forever?
The decentralized and open-source code of Bitcoin will make it stand forever. Anyone can pick up the development where it has halted. [/quote] The future and growth of Bitcoin relies with you and me as we keep on investing and spreading Bitcoin around the globe. Just like a father will setup an investment or company, then teach and hand it over to his son or who he wants to control his company, that is how Satoshi Nakamoto has invented Bitcoin and handed it over toh is predecessors .The decentralization and digital currency system makes the involvement of individual and control of Bitcoin technology easy.The absence of Satoshi will not affect Bitcoin because of the way it has been designed to operate. |
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Taking risk is good for something worthy like the Bitcoin and altcoin investment, risk has to do with the degree of uncertainty, endangering or putting your life, investment or your finances in a balance (scale) and the implications you wil be involved .
In these aspect of investment that has to do with Bitcoin and cryptocurency risk taking is very important and necessary, when we take risk in whatever we want to do we come out triumphantly,but because some persons are scared been involved in it, they remain stagnant in life.
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Learning is very important in our daily life, without learning there would be no knowledge, when you think of learning you grow from one stage of our life to the other and it is easy to pay proper attention on formal education.
If you're ready to learn, the forum has more than enough knowledge to impact in you about Bitcoin and cryptocurency,which will make you grow and expose you on how to invest in bitcoin and have a good investment. Learning is the way of getting new knowledge, understanding, values, attitude and behaviour of a particular thing you want to know or get.
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Bitcoin can be traded in many ways. Bitcoin tradin has to do with buying and selling of Bitcoin through a cryptocurency exchange platform, also by deriving financial means such as contracts for difference which has become a common way to trade in bitcoin has it gives a better freedom.
Trading through financial means helps traders to trade through a direction of market movement over a short term period and allow you to negotiate on price change without having any underlying coin.
Before trading Bitcoin, you need to be properly equipped with useful information about trading Bitcoin, it is also important to know the risk,the rules and regulations that might affect your decision when and after trading.
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Asking questions are very important because it ginves you a better edge and understanding over others and what you are doing it does not make you a fool but expose you to knowledge ,ginves a clearer picture of your thoughts and situation mainly in bitcoin investment without someone teaching you there will be no ideas or knowledge and in the process you ask questions.
The type of questions and manner in which you ask questions determine who you are.Always ask reasonable questions thatcam impact knowledge and most especially in Bitcoin.
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In investing in Bitcoin you need to calm down,don't rush and be sure of what you want to invest you need to plan your life and your investment one to two years before you start investing,towards approaching the next bull run so that will not regret it because it's all about risk, it might exceed when expected you never can tell,if you must borrow to invest, it should be 1-2% that will not have effect on your livelihood, so that if it doesn't work out the way you want it you will continue your life peacefully and not going to star from square one. The patience dog eats the fattest bone
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You should know where you are putting your money and how It works before investing in any business of your choice.
Fraudin is normal and has been since time memorial, the zeal for us to get more than what we are expected makes us lose our hard earned money to fraudsters. Bitcoin investment is gengine,but the problem you might have would be your channel of communication, introduction and exposure to Bitcoin also your knowledge and understandin of how it works before investing.,also not being patience you will be a victim of fraudsters and hackers, which i didn't think if you're careful will happen to you,your private information are very important, so you must choose a safe place to store your money on centralize exchange and control your private key.
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Having a mentor is not a bad idea but you need to be carefull in doing that. In having a physical mentor how trustworthy, secured and sure are you about that person. What is the reason of having a mentor? To put you through, questions and answers? that can be done in the forum. Whenever you are finding things difficult, just ask your questions and from the replies you have to pick your mentor by reading others post, you will get a very good answer to your questions .
We have alot of Guru's in this forum ,if you're able to find them you problems are sloved, read anything that has to do with Bitcoin and cryptocurency and use your search engines to find answers.
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You are welcome to the Bitcoin world of achievement, success and wealth, as a newbie you need to know the first things first,the rules and regulations of the forum, ask questions when needed and necessary, don't be in a hurry.There is an adage that says "slow and steady win the race".You need to read and understand what Bitcoin and the cryptocurency is all about,how it works when,what and where to invest.
Make Reading and learning your habit by reading and contributing to other people's post will help you go a long way. Be self determined and achieved your aim of coming into Bitcoin platform, always be positive optimistic and prayerfull.
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one of the best gift we can give to our children as inheritance is to accormulate as much Bitcoin as possible, because after now, the value will be priceless.
The creation of Bitcoin by Satoshi, was properly taught of and well designed to meet, solve and conquer financial problems of individuals,assist the average, poor, somany countries and so it is very difficult to be affected by crisis or any countries economy financial challenges. Bitcoin stand firm in all its battle in the crypto world. In terms of investment, it is nor all for price of trends to be fluctuating so investors should be patience and always think and be positive always in other to achieve your dreams |
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I intend to hold by bitcoin for long, because I just started my bitcoin journey and, I know that it isn't going to be an easy one for a newbie like me. I will use 10% of my income to DCA every month, because I also noticed that fiat currency is depreciating due to inflation and that it is better that I save in bitcoin than to keep it in fiat. The moment my bitcoin reaches $1000, I will look on how to transfer my coins to a cold storage wallet for safety. I couldn't keep this to myself and I said let me bring this to the forum for advise from experienced members on precautions I need to take for me to achieve my bitcoin goal target.
If you haven't invested in bitcoin yet, you should try and do so, if you have the resources so that you can feel the vibes that am feeling right now.
That's not true, in our daily life, we are bound to learn as we interact and mingle with people, coming accross Bitcoin and having the knowledge and not investing is not a complere waste, you might not be interested today but tomorrow you pick interest,some persons even introduce and teach others what they are not doing or maybe financial challenge or another . It takes courage to invest in Bitcoin, some are scared of losing and does not want to risk their money, savings or even patience to allow their investment get to the peak, for it is not a risk free investment It's Al about your mindset not knowing that life is all about risk,if your financial investment is not backed by an asset or cash flow it could end up being worth nothing. |
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Because a poor and vulnerable population is easy to control. They are scared that if people look for other ways of earning wealth away from their reach, then that would mean that they would not be able to control and manipulate the population.
Their Government is suppose to help the citizens by legalizing Bitcoin in order to salvage the youth a,nd the entire nation from the economic crisis not banding Bitcoin, because Bitcoin will expose them to the crypto world involving themselves with investments, campaigns,jobs e.t.c. which will bring them out of poverty and other financial problems |
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