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41  Economy / Economics / Re: My view of wealth and assets specially now on: December 18, 2023, 03:18:03 PM
All mentioned are great be it btc or gold or cash. In case of cash in Nigeria many already changing to $ in other to preserve value or mark margin, smart moves, but what of countries with stable currencies that's why real estate comes in because most of the time aside from Natural disaster it will appreciate or retain value even during distress sales

In Nigeria as well I always advice people to put their fate in real estate and Bitcoin as cash in bank is not advisable but with all good things said they all have their drawbacks
42  Bitcoin / Bitcoin Discussion / Re: Bitcoins and other cryptos will never become mainstream before... on: December 18, 2023, 03:07:39 PM
Bitcoin acceptability this year was greater than 2022 and I can assure you it will be better in 2024.
Adoption of Bitcoin is fast growing as a friend even bought groceries with it in Netherlands and got balance back in Bitcoin, this is just a matter of time though it has a long way to go in competing with Fiat
43  Bitcoin / Bitcoin Discussion / Re: The future of Bitcoin as digital currency on: December 18, 2023, 02:51:44 PM
Whether with Bitcoin or Fiat you have to work hard & smart to own them and been rich is your ability to many these 2 currencies.
44  Economy / Economics / Re: Help me analyze the feasibility of this business idea on: December 16, 2023, 04:16:58 PM
My thoughts on these are simple as both options mentioned will not give you the needed time to focus on your online duties if you are to practice them the conventional way but first option of teaching can still give you needed time if you can do it part time or as extra lesson and most times you make more doing this when you are good at it.

As you are in luck, in most places, maths teachers are always in need as parents want their child(ren) excel in it thereby paying extra more to upgrade them. With this you only work in the evenings except weekends and still have time to run your online show since they are just for maximum of 2-3hrs per day depending on negotiations and number of kids.
45  Economy / Economics / Re: Do you still use Banks ? on: December 16, 2023, 04:05:35 PM
You can not rule out importance of Fiat as is the means of transacting, if not, most transactions in most climes. Cryptocurrency should be tackled & seen as an investment venture for future gains. Till crypto is fully accepted across the globe Fiat will still be the order of the day.

Issues raised concerning conventional banking also affects crypto as well but by and large FIAT can not be easily eradicated like that at least not now
46  Bitcoin / Bitcoin Discussion / Re: Bitcoin's role in financial development on: December 16, 2023, 10:24:29 AM
Financial freedom comes from financial awareness that leads to financial development. You already understand the situation you are in and also conceptualized what you want to do in other to salvage it which is investing in Bitcoin. Is a good thing and is also the future of financial libration. I will advice you to actualize this as you in the right direction.
47  Bitcoin / Bitcoin Discussion / Re: Would it be enough to buy 100 dollars worth of Bitcoin every month? on: December 15, 2023, 11:26:01 AM
Be consistent with your buying which is all that matters. What you have determines what you can invest as fingers are not equal.
48  Bitcoin / Bitcoin Discussion / Re: help me not to leave btc on: December 15, 2023, 09:17:47 AM
Safest of all cryptocurrencies is Bitcoin as it has defile all negative speculations and still waxing stronger regardless how volatile the market is. Other Altcoins promises instant profits which never happens most times and loss of investment therefore will advice to stick with Bitcoin as come 10 years from now your invest me still safe.

For DCA plan according to what you have.
49  Bitcoin / Bitcoin Discussion / Re: Security is important in Bitcoin on: December 14, 2023, 09:49:29 PM
Security is key as regards crypto account for guide against theft but your friend was only negligent for losing paper he wrote his details on though I understand where you are coming from trying to emphasize more of securing crypto details for teaming newbies but newbies should first understand fundamentals of cryptocurrency before dabbling into it.
50  Bitcoin / Bitcoin Discussion / Re: Young student teaching his classmates about Bitcoin on: December 14, 2023, 12:15:44 PM
Talking about Bitcoin at any level is about acceptability and I can see that happing here in Nigeria as many are more aware of it's advantages and accepting it.
When I did my survey around May 2023 I found out that many people are trading in Bitcoin than same time last year (2022) which shows people are more intentional & comfortable about putting their money into Bitcoin

Like what his father did, have started also lecturing my kids about this so they can grow up like him. Nice one kid
51  Economy / Gambling discussion / Re: A gambler takes his own life after a loss. on: December 13, 2023, 05:18:39 PM
Regardless of the amount he lost his life is much more than it as there is hope after it though I believe he has been entertaining the coward thoughts before loosing the money tipped him off. No matter how hard the situation(s) might be let's always have the mindset of hope after all countries are owing.
52  Bitcoin / Bitcoin Discussion / Re: I will invest the money to buy the land in Bitcoin. on: December 12, 2023, 04:59:54 PM
I always have this mindset of saving money in my bank account until my younger brother changed this mindset. Is a welcome development investing in Bitcoin and most importantly for a long time.

I believe you are now familiar with it and the market and that now is the best time to buy into it.

Wish you all the best as I can bet you will buy more than a land in the future.
53  Bitcoin / Bitcoin Discussion / Re: The risk and reward of having Bitcoin on: December 12, 2023, 04:49:52 PM
You need to first understand every business undertaking is risky but saying Bitcoin is volatile is not entirely true, will say moderately volatile as you need to understand coins you are comparing it with and they are faring.

Yes, not generally accepted by all but based on  recent acceptability we can say we have more people venturing into crypto market most especially Bitcoin & Ethereum. For last 2 quoted as disadvantage I believe they can happen due to  human errors which needs to be handled with all seriousness by holder.
54  Bitcoin / Bitcoin Discussion / Re: Google is preparing for Spot Bitcoin ETF on: December 12, 2023, 04:29:46 PM
This will be a welcome development but it needed to be said that google are not afraid of scam related crypto promotions but its acceptability by policy regulated conservatives across decision making Countries but like any product making waves, google have no option than to tilt toward it's breakthrough.

A welcome ideal and many others will follow suit.
55  Economy / Economics / Re: Inventing a job is better than finding a job on: December 09, 2023, 05:23:41 PM
Really liked the way you put it ''as whatever decision you make comes with its own pros and cons.
Like a wise man once said that inventing a job is more lucrative, enjoying and self serving than securing job employment but inventing a job is more riskier than the other because you have to create a value and expect those values to be accepted by the target market it's intended. What is more riskier in inventing a job is capital and once you didn't get it right it might be catastrophic and you might not come out of the hole it might dig for you but if all this can be surmounted then is the best.

For job employment, inasmuch it guaranteed your monthly income it also makes you lazy not to think outside the box for yourself but for the owner of the job and as such you might not be able see beyond your daily routine.

From my own experience I tried to raise cash from my paid job to invent the job I want and grew it over the years before resigning to face it when I knew the job is enough to generate double my salary and by that time I needed more time to make more. With this model I didn't have to borrow money to fund  my investment.

I will always prefer people to invent what they want to do compare to securing paid employment but they need to understand risks involved, how to secured finance for it and they also need to have fallback options if things didn't pan out as planned
I also know that is not everyone that have business mind but with the way global economy is receding where job opportunities are limiting on day to day basis I believe creating value no matter how small is the way to go.

56  Economy / Economics / Re: Goverments must have good plan very soon on: December 09, 2023, 04:44:47 PM
The issue is more complex than what you think and most of your solutions are not really sustainable in this economy. You need to understand the state of economy and what drives it & the political system because they work hand-in-hand. Bulk of our economic problem here is over reliance $$ by the way we handle our crude and other mineral resources that accounts for more than 65% of dollar impact on the economy.
To my understanding greed drives our politics here and that has bastardized our economy, more reason why giving handouts will be cornered by some self centered people in government and at the end will be counter productive
To elevate the economy we need to shift to a producing & exporting nation that we used to be in the 70s and that has to be a conscious effort from  people at the top that will trickle down to individuals. Also, a wasteful nation can not grow and to curb our free fall economy people at the top have to really play their part by reducing cost of governance to save money that can be channel into kick-starting the economy in the right direction like Agriculture, genuine fixing of refinery and local productions of what we use. When all these are done cost of living will reduce and citizen will enjoy dividend of democracy not what what we practice now that is the government of the rich for the rich.
57  Bitcoin / Bitcoin Discussion / Re: "Bitcoin investment is the key to success" on: December 06, 2023, 09:10:35 AM
What you did was your best option as at that time based on your status and challenges then so dont second guess the decision. I'm sure laptop bought has satisfied or still satisfying the purpose to which it was gotten and Bitcoin still there to invest in, which means you have 2 opportunities to cash out from in the future.
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