As you dey open your Bitcoin wallet, as the wallet dey generate your seed phrase, you fit add some words to that seed phrase that will be passed on to your next of kin. If you know say you no fit keep am well you can put that into a vault that will only be released to your next of kin after your dun pass or give that to another law firm as a will to be given to your next of kin when reading the will.

So see how I dey Invision am for my mind Law firm A go hold the main seed phrase to the wallet and law firm B or bank vault go hold the extra words that you added to the seed phrase. Before now you suppose dun enlighten your next of kin on wetin Bitcoin/wallet seed phrase be and say him go need the two sperate words before him go fit access the Bitcoin in the wallet while non of the other two parties involved go know about each other. Like this you dun protect the law firms from stealing the Bitcoin and also you go dun successful pass down your inherited to your next of kin.

But before then you suppose dun make your next of kin to dey alright so him no go hurry go sell all the Bitcoin to Naira immediately him get access to them.

Wetin this industry dey about, no be decentralization? This one supposed tell you say na everybody on their own for here so na you dey incharge of your own security, protection from scammers and everything. Wetin important pass na to stay informed because information na power and some kind information dey go out of date and new ones dey come on board so if you no dey up to date, you go dey use old update dey hold body and when scammers or hackers come, you go come become easy target for them to attack but for your own mind you dey protected.


If it's too good to be true then it should be avoided, consider everything as a scam until proven otherwise for this market because alot of scam full. The market no dey regulated so anybody if bring their own thing wey go make scammers dem plenty dey look for their next victim. Always verify anything wey you wan do to make sure say e legit, make you no go dey regret tomorrow. The best way to avoid scams so na to focus on buying the coin wey you wan buy and commot mine for any other things wey dey the market. No be must to follow people do wetin dey trend, just dey invest and hodl and e dun finish be dat.

Saving should not be an option, saving is a perfect way to go broke because there's no benefit in saving. Instead of saving what you should do is to be investing. Saving puts your money to rest and money shouldn't be resting but active producing more money for you and that's the work of investing. Investing has been made easy this days with the introduction of the internet that birth Bitcoin. You don't need to pass plenty procedures to become an investor anymore, with the right knowledge you can invest from home with your laptop or mobile phone either in crypto or other online investment.

Money needs to be multiplied, don't hesitate to take risk while you still have the ability to work for your money because soon you won't have the physical strength to work for money and it is then that your money would need to replace the hard work by working for you and bringing in more money. If you don't have andy automatic stream of income from Investment or owning a business currently, you have to start working on that immediately so you don't end up going broke.

Don't discredit reading of books or listening to motivation speakers and other great men, what you should be against is not taking an action after reading a book or listening to great men that have achieved exactly what you're trying to achieve. Reading of books are one of the ways to learn from great writers that are writing how to achieve the success path that you're embarking on. Robert Kiyosaki is a great writer and he has written some investment and motivational books that if after reading them and you follow in his guidance, you can't still be the same loser you were before you read his books and he's also bullish on Bitcoin. Books gives you different perspective to achieving success in any field that you're reading a book about.


You shouldn't think that you'll win with your first trial but don't doubt it either because there are people doing it and you can be one of them. There are people that will have to invest in Bitcoin multiple time before making it while there are those that with their first trail they'll be lucky. We all have different paths to success and it doesn't have only one route so lets not be behaving like we must do this or that before we can become successful in life. There are some things that'll enhance your success but there are different blueprint to achieving success.

Money can't buy you true happiness but before you say this make sure you you already made some money yourself. There are some things that money can't buy but there are many things that having money will make you privileged to have control over them so money is definitely important and a necessity to have. If you have money, you can control your life by having a better health insurances, car insurance, house insurance and other insurance that can make your life more protected. You might not need this insurance because you can't afford to pay for anything that you want. The treatment that you'll be receiving for being wealthy is different from what others will be receiving.

So while money mightn't be everything in life, it's an important thing to own. It's better you own it and you don't need it then when you need it but you don't own it. We should make money, what life is all about but we shouldn't neglect having money either. It's best you own it and you give them away to charity or other no profitable courses but always know money/wealth is necessary.

I don't agree with you that many people are using this loopholes to become wealthy, if you said a few people, that would had made more sense because only a few people are using it. Others have tired but aren't successful at it because although this is a great way to hack the system but if you fail you'll be in debit. Using borrowed money to finances your business or investment is a skill only the 1% of the world can use to become rich. If you don't have financial education don't borrow money or use debt because you'll only add to the debit that you already owe and your chances of defeating poverty reduces. There are actually people that made it because of their smartness and that's because of the quality they gained because they worked for it.

Borrowing has alot of interest attached to it and there's a feeling that comes with borrowed money that you can't use them freely as you'll use your spare money. If you had a borrowed money in an investment, you won't waste time to exit with any profit that you can grab because you know you can't risk losing that money unlike when you are in an investment with your spare money. You won't mind to continue hodling knowing if the money get lost, it won't affect you because it's a spare money and those are the type of money that's perfect for using when investing in Bitcoin and any other businesses unless you have the financial education to take advantage of borrowed money.

Listening to advices and differentiating the meaningful advice from the foolish ones is a key attribute successful people have and you need it if you want to be reasonable in life. It doesn't matter who that advice is coming from but listen to it before you make a decision whether to follow the advice or not. Spending recklessly iis not a good way to live, there are some spending that you can't avoid because they're needed for your survival but those that you can do without should be avoided. Money runs away from those that can't manage/control it to those that understand it and gives it a purpose so if you think you'll always have money after being reckless with it, you're joking.


People with this mentality don't go far in life, they have a very short lifespan for the money they have because if you're spending without reperishing the source of the money. A day will come that the stream will run dry and you'll have nothing to fall back to. Don't joke with investment, if you can't have multiple streams of income through businesses then you can turn to Investment and you'll be sorted for life. Investment comes to rescue you  in the future when you're no longer capable of working for your money as then your money will be working for you.

Local vendors sharp pass dex if you ask me, na just to get a trusted person and you dun dey trade with peace of mind. I still dey wonder why decentralized exchanges wey get Naira options never begin dey trend self. This things dey easy to do na just say person no get the coding experience to execute am. I think say we get entrepreneurs for the country, if na fiats now we for dun dey see dem begin dey launch different app but no one wan launch crypto own. Only God knows the kind money wey anybody wey launch a well designed sites for decentralized Naira P2P trading go make for this country.


Trust Nigerians na, we go discover a new means of trading Naira/USDT soon if the government like make dem block all current means of doing that. Person wey dey away self fit use am as him own hustle to dey do P2P wey be say we go just dey send dem USDT or USD and dem go convert am there and send us Naira back. Anyhow wey the governments like make dem do but boys go always find way to use dey alright last last.

The next strategy now, now to begin dey trade the real P2P wey no involved any third party. We been dey do am before the centralized exchanges hijack P2P come dey make people dey do kyc and deposit Bitcoin to their exchange. We get crypto merchants for your different areas wey dey trustworthy wey we fit dey transact with and dem dey get means wey dem dey use trade their crypto to Naira wey we no know. E get some wey dey sell to chinese merchants and them get enough Naira to satisfy any orders wey you bring come their table.


E dey very possible since dem wan dey control everything and if them see say by licencing exchanges, dem go loyal to dem and dem fit control dem, dem go do am. I think wetin Nigerian government dey wait for na for a very strong oyinbo country to start am and them go follow. You know say our country na follow follow dem be, just see after US attack Binance exchange, na now Nigerian governments know say dem too need to go after Binance so every possibility dey and e go make sense somehow sha because dem dey frustrates us to involve for this industry.


I no support face to face transaction oh because person fit set you up and kidnap you too. E better we do am through WhatsApp and calls provided say you dey trusted and I know person wey know you and them dun verify say your deals dey always pull through and no dey die for Aza.

The government no care about that one, wetin dem dem want now how we no fit dey trade the dollar without them knowing, them wan block everywhere so dey can determine what the price of the dollar go be to Naira. As e be so na P2P both for crypto and normal trading of the dollars wey dey the country so e dey make the price of the dollar to fit the rise and fall freely and spoil the economy of the country. Like this our currency no get value outside again and e fit dey make people no dey wan buy the Naira or do transaction with Naira instead na only foreign currency dem gondey use thereby making the cost of things for the country to continue dey increase.



This is what the government wants, they no want any business wey dey call themselve exchange to dey function for the country. E dey spoil their business and also empowering the youth wey dey make us fit stand and challenge them. Them want make we dey die in poverty so when dem go come for us to vote them and dash us peanuts we no no reject am because we no dey see food chop. All wetin dey happen so fit be conspiracy to wipe out the means of livelihood for the average Nigerian youth make we go back to the street and to start begging to eat.

Have you considered the negative impact Bitcoin increasing to a price that it isn't ready for before having this type of wishing thinking, Bitcoin getting to $100k is inevitable but we shouldn't ask for it before the market is actually ready for it because the pullbacks that we'll be getting might be more destructive than what we think. The only thing that you can do is to contribute to the growth of the adoption of Bitcoin by using it in businessess or services that you render. Our focus should be on increasing the adoption rate of Bitcoin and not price speculation. If adoption increases definitely it's going to impact the price of Bitcoin in a positive manner.

So if you want more price per Bitcoin, add to the adoption of the currency. Keep buying and hodling Bitcoin as well but don't just seat on the sidelines, add value to the industry by being useful to the growth of Bitcoin in your small locality. You can introduce Bitcoin to people in your surrounding but don't force them into the industry only convince them to see the value in owing/accepting Bitcoin in their various businesses. While doing this make sure you aren't committing any crimes as it might be illegal to accept Bitcoin in some countries that it's banned in.

If you don't learn before adventuring into any businesses, you'll be vulnerable to scammers that are in that area of business. Many newbies still have a wrong perspective of Bitcoin because of the type of things they hear on social media. They think Bitcoin is a get rich quick scheme and invest with the hopes of getting quick return on their investment, this wrong perspective make them to invest in coin doublers and other ponzi scheme that eventually scam them and then they put the blame on Bitcoin without knowing what they have been investing into isn't Bitcoin but a business that using Bitcoin for their ponzi scheme.

Newbie have to be guided on the type of investments they're getting into before they invest. Irrespective of what the business is all about, always have an Idea of what you're investing into before fully committing yourself to that investment. It's only when you can buy Bitcoin first and still be learning more about the currency while you hodl is when you can do exactly that but you shouldn't buy when you don't have any Idea of what you're investing into. Don't fall to peer pressure or following the crowd in order not to be left out but do things based on how you understand them.

You're on the right track, making market research before investing. It's a good way to start your journeys so you can get an idea how the market is around here. When I bought my first Bitcoin, the market wasn't as stable as it's today. I believe the more years goes by the more the market is getting more matured and becoming less volatile. You have to understand what you're getting into before you invest in Bitcoin but while you're waiting also know that you might miss the opportunity to buy Bitcoin at discount price so increase the speed for your research so you can get to investing very fast. You shouldn't call it a  delay since you're not procrastinating but you're following the due process.

If you rush into investing when you don't understand what you're doing, you might get disappointed with how the market welcomes you unless you're in for the long term and all you want to do is to accumulate Bitcoin through dollar cost average and hodl. If this is your plan then you need to start buying Bitcoin right away, you should first learn how to secure your Bitcoin safety then start investing and also learn more along the journey.

Feeling attack for a mistake that you made is kind of dumb, if you don't get corrected and you end up getting banned you'll say the forum is too harsh for their punishment so then why are you feeling attacked when you're getting the correction that you need to become a better forum user and also avoid banning. What you should be doing is taking the correction and keep a blind eye for any other information that won't add something positive to your staying here. We didn't all start from the high ranks, we were once newbies too and we got corrected and decided to take the correction then improve ourselves and it paid off.

Nobody owes you any way you feel you should be address and you need to learn to grow a tough skin on the internet because this is a different world altogether that people from different parts of the world are connected so you don't expect same treatment from everybody. We have trolls here and those that pour their personal problems on others. Some people will be harsh with their corrections while others might be calm but you have to learn how to cope with such situations because they all mean well for you. Take your correction and move on with your life, don't expect to be pampered.

Yes Blockchain will survive its original purpose, irrespective of the fact that the governments are planning on introducing their own centralized Blockchain but the true qualities of Bitcoin Blockchain will still survive. Bitcoin can survive with or without mixers, Bitcoin was active before the mixer so it is not that Bitcoin need them but they're the ones that needs Bitcoin to have a service to render. Using Bitcoin as it was intended brings anonymity with it but it's just the privacy that is missing although there will be other ways which we can use Bitcoin and increase our privacy without making use of mixers. We have the option of using a different address for each transaction we want to carry out  either spending or receiving Bitcoin and our privacy isn't exposed.


Blockchain is transparent, it's decentralized and trustworthy. It might be slow and costly for now but it won't stay this way forever. There are strong believers of the Bitcoin Blockchain and they're developer too that'll bring out a more acceptable solution in the future and all this will be a thing of the past, we just have to exercise patience and give Bitcoin time. We're still new so the challenges are what we should be expecting because after we have a triumph over this setbacks, only God knows how explosive Bitcoin adoption will get.

Accumulation is better and that is what every one that has your best interests at hand will tell you, trading isn't as successful as it seems. Trading is not what everyone should be doing especially those that don't have a trading background before coming to this industry. Don't think you can always outsmart the market because you can't. You'll lose when trading and sometimes this might be everything that you have as you won't be able to control your emotions and be practicing revenge trading to win back your earlier losses. Trading puts your Bitcoin at risk but hodling doesn't which makes it better because when hodling what's important is how well you store your Bitcoin and keep your private key safe as well and off the reach of hackers/scammers.


There are actually big time traders that are killing it in the market and we'll always have new traders that will be successful but a majority aren't so you shouldn't think that the industry is very lucrative. For every one winner there are countless others that are losing but they won't come on social media to make announcement of their lost but only when they profit to draw attention to themselves. Accumulate bitcoin through dollars cost average and you will eventually get to the numbers of Bitcoin that you want to hodl and make profits without the stress of trading.

It wasn't the Chinese government that were incharge of the 50% hashrate but it was individual miners located in China and they'll all have different beliefs so this attack isn't possible. We have core believers of Bitcoin that are miners in China and they won't want anything to happen to Bitcoin Blockchain so they won't be in support of the Idea if it gets proposal by the government. We aren't the only ones tired of the government centralized fiats system and wants
a decentralized currency to succeed so you can forget about this thought of yours, nothing is happening to the way Bitcoin was built to operate, if after so many hard forks, nothing has happened and the Bitcoin Blockchain hasn't been affected, there's nothing any government will do to take down Bitcoin and be successful. The Chinese government have probably thought about this and didn't see a way they can pull it off.


They first have to accept Bitcoin before they can start planning any counter measure if this event was to come to reality but since the governments don't care about Bitcoin they won't have plans for this in their books. The Chinese governments are attacking Bitcoin and other related services in their country, other governments are doing the same thing in their various countries so what we should be more concerned about is the government coming to an alliance and try to ban Bitcoin globally instead of having this thought of yours but I get it as it's a discussion that shouldn't be swept under the rug.

I just replied to a similar thread few minutes ago so I won't want to repeat myself but just quote myself here for reference.
You don't force someone to do something regardless of the fact that it'll be beneficial to the person, always allow people to take the decision that will better their life with their own hands because it'll also add to their confidence in making future decisions. If you do things for them, they won't be able to grown up and will always be dependent on people for that extra push that they need to succeed in life.


Excluding the blames for their own failure, you might get physical attacks and it can result to lost of life. People don't like losing money and they also like passing the blame for their failed life on others and they can use that frustration to disturb you by making your own life miserable if it doesn't end in death. You also lose someone that will believe anything else that you tell them  because they'll begin to doubt you.


This is another reason why you don't force them but allow them make the decisions with their own hands because they have to be financially ready to invest before they start buying Bitcoin. Forcing them to buy when they aren't mentally ready for the market is a disaster in the making.

I have influenced quite a number of people to buy Bitcoin that I can't remember how many they are, I once convinced over 100+ people to sign up for a local Bitcoin exchange when the wave of cryptocurrency just come into my country. Alot of them bought Bitcoin and they have been grateful since then but not all made profits because of greediness and other factors that caused them to lose the Bitcoin or sell too early. The most recent successful influencing happen to my cousin that was finding it difficult to get herself a good playing job after finishing the university. I thought her about the industry and she has been doing well for herself that she no longer have financial challenges to some extent in her life.

Some challenges are there when you tell people about Bitcoin, not all of them will want to buy so you don't have to force them to buy because doing so you'll be giving them the wrong impression of the market that its like MLM that you have to bring someone in order for you to get paid. You are also making yourself vulnerable because they will always harass you when they don't make profits which the fault is always because of the things they did but you'll be the one to receive the blames. There's a good feeling if you successfully influence someone and they get the benefits of buying Bitcoin and the industry overall.

When Bitcoin starts increasing, alot of newbie starts having the feeling of FOMO then they start buying Bitcoin and end up buying at the ATH but this shouldn't be something we should be ashamed of because it doesn't make us less of am investor because it might just take two few more years for you to get back to your buying capital and potential increase further. Investing in Bitcoin come with a piece of mind because you know you won't lose you invested amount. You can hodl Bitcoin for as long as you want like until you have recovered your capital. Another reason why we might buy Bitcoin at ATH is because we didn't know that it was the top of the market.


Already all those that bought Bitcoin in the previous halving have already made their profit before the sudden cash in price that the market is experiencing but this are just healthy correction that the market needs to shake off weak hands and only take with it strong hodlers they are hodlers fit them to benefit.