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681  Bitcoin / Bitcoin Discussion / Re: What encouraged your continuity in Bitcoin investment and Bitcointalk forum? on: October 04, 2023, 10:36:52 AM
Also I have come accross some profile been inactive for some time while some totally stopped contributing to the forum. Dont know thier reasons or challenges but i know there is a reason for all that. I dont want a day to come where i would stop contributing positively to the forum.

Just understand that this forum is like other social media platforms and people at some point will get tired of participating in discussion on the forum especially when there are no new things to discuss like during the bear market the activities of the market are mostly silent so some people might just take a break from the forum and others have different reasons why they stopped been active here. Some users mightn't have much free time anymore due to their engagement in the real world. Could be a new job or new life experience like getting married and having to look after the children and other reason best known to them so we shouldn't be bother about those who have left but concerned about those who are still here.

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I’d like to know what motivates you to invest in a speculative asset like Bitcoin?

Honestly what drive my interest in Bitcoin is the high rate of poverty in my country, while I was still a student I was looking for an alternative measure to make money then stumbled upon Bitcoin from a failed investment that was built around ponzi scheme but looking at Bitcoin, you can immediately see that it was different and unique. Fear of poverty motivated me to invest in Bitcoin because I was looking for financial stability but what has made me stay is the uniqueness of Bitcoin that can't be gotten from other assets. Its potential of been a global currency is also one of the reasons why I'm still here because I want to be part of history while been an early adopter.
682  Bitcoin / Bitcoin Discussion / Re: Stop discouraging people from Bitcoin... on: October 04, 2023, 10:16:19 AM
I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

From you explaining people aren't discouraging people from Bitcoin but from trading, those are two different things. People are discouraging because trading is a risky business and when you're not successful at it, it'll make your interest in Bitcoin keep on depreciating because you're not getting success in what you initially pick interest in which is trading. But when you pick interest in investing, you won't be discourage to make you want to leave the market and that's why I see people giving encouragement on. They discourage trading but encourage Bitcoin investment. They aren't lying when they say Bitcoin trading isn't for newbie because when you enter the market inexperienced and unprepared, you'll not get the results you envisioned. It's better you have gained some experience before you start trading or better still just keep investing in Bitcoin.

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So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

The encouragement should be about investing in Bitcoin not trading, trading can be profitable but not as much as holding because when you consider other side effects of trading especially when the trader isn't matured in the market, it's better they HODL then trade. Trading can give you the mindset of quick money which isn't something you should be having if you want to make big profits from Bitcoin. Bitcoin is more profitable when you hold as those who were here before you will tell you, that's why they always advice the newbies to accumulate Bitcoin instead of trading for short term gains. The community grows better when we have a Hodling mentality and not when everyone wants to trade Bitcoin to make quick money, it'll actually make the market more unstable.
683  Bitcoin / Bitcoin Discussion / Re: Does Bitcoin fail if not Peer-to-Peer and self custody? on: October 04, 2023, 08:36:32 AM
I think that if Bitcoin has a third party in the transaction then it fails to serve it's stated purpose to create a decentralized digital cash.  I would like to hear from people who have a different opinion on this.

Yes Bitcoin does fails because I don't see a point of having another fiat currency which is what Bitcoin is going to be if it isn't P2P and self custodial because it means someone will be in control of our bitcoin when it isn't P2P and that's why centralized exchange and third party service are discouraged. An adoption with centralized exchange, payment processors and centralized wallets isn't the ideal progress envisioned by Satoshi. For Bitcoin to achieve it's full purpose it has to be adoption with it's decentralization without any regulation or censorship.

Many people use Bitcoin because of other benefits beside security. This set of people that don't care about their privacy so they are comfortable using these centralized third parties. Sadly there has been an increase in the number of people who use exchanges in recent times. But this doesn't defeat the purpose of Bitcoin because many people are also becoming security conscious because of their contact with the coin.

Bitcoin was introduced as a decentralized alternative to fiat currency so if Bitcoin doesn't get used more in a decentralized way, it should have failed. As pioneers of Bitcoin we have to lead by example and that's by encouraging the use of decentralized service providers and boycotting the centralized services. Instead of centralized wallets, lets make use of non custodial wallet, instead of centralized exchange, let's make use of decentralized (P2P) exchanges and most importantly let's not encourage the investment in altcoins not just for the risk of investing in altcoins but because a majority of them are centralized and the more we exposed people to centralization in the industry the further we push them away from understanding the benefits of Bitcoin.
684  Bitcoin / Bitcoin Discussion / Re: Invest only in Bitcoin and never invest in shitcoin on: October 04, 2023, 08:13:54 AM
Many turn into shitcoin investor. After knowing about Bitcoin. Unfortunately it didn't work out the way they thought.
I am a tipical example of that. when I heard about Bitcoin how it started from $0.01 to thousands of dollars I thought shitcoin also has that potential. I was working and was investing in valueless coins thinking dey will be like Bitcoin. but never did as Bitcoin. all gradually disappeared. And that made me regret no investing it on Bitcoin then.

This is the unrealistic dreams the project founders are selling to newbies investors and they're buying into their liars, nobody knows the next shitcoin to top the charts and unless you're lucky you'll be wasting your tirme investing in them as you'll lose your money but when you Invest in Bitcoin, you can't lose because we don't have multiple Bitcoin and whenever the market become bullish again, you can be guaranteed that Bitcoin will be among the cryptocurency that'll increase in value because it's the most trusted cryptocurency that investors will be investing in at anytime but altcoins get different interest from investors based on what's trending as of when the market becomes bullish. No altcoins can be guaranteed to give you profit during the coming bull market and upcoming ones but if you Invest in Bitcoin, your investment will always be guaranteed of an increase in every bull market.

It would be more accurate to say that bitcoin is the mother rather than the father of all cryptocurrencies because only the mother can reproduce. As people have watched bitcoin develop, many have begun to consider making their own cryptocurrency. Bitcoin is where shitcoins first appeared. All cryptocurrencies have their roots in Bitcoin.

The mother tag should go to Ethereum, because Ethereum birthed most of the altcoins in existence and that's where shitcoin became easier to launch. With Ethereum scammers will able to duplicate their code and call them different names all in an attempt to defraud gullible investors and from the rate at which we have multiple shitcoin trading, you can say they have succeeded and there'll be more in the future because every bull market comes with its own trend of shitcoin as scammers launch new project using the trending layer 1 projects. Bitcoin payed the way for all cryptocurrency but upto this date no one has been able to duplicate it.
685  Other / Beginners & Help / Re: Attention for Beginner! on: October 04, 2023, 07:20:33 AM
Just install wallet in what you need, If you have bitcoin, just install a wallet only Bitcoin aplication, don't install wallet with many coins inside like trust wallet, don't do that!. that is suck. just waste you time and memory. there's no point in keeping shit coins on your wallet, instead, it will make your life unlucky, believe me, altcoins make your life unhappy.

We have so many good wallets options that are recommendable and you can choose any of them based on you budget or preference. You can go for hardware wallet or lightweight wallet like Electrum but don't settle for trust wallets because it's everything that's wrong with an ideal  bitcoin wallets. Let's ignore the fact that it has multiple coins storage capacity as that's not the problem but the problem is that,
  • It claims to be a non custodial wallet but you don't have full control, nothing associated with Binance gives you full control.
  • it's a closed source wallet
  • Doesn't support multi/change of address

Those are some of the reason why you shouldn't use trust wallet and not because it has multiple coins options.

And what do you mean "don't install wallet with many coins"? Do you realize that Mycelium, for example, which is listed on that child board, is a multi-coin wallet?

From my understanding, the OP is trying to advice against wasting our time with altcoins and his way of saying it is that wallets that has multiple coins options encourage you to invest in altcoins and it's best to ignore them completely and use only wallets that support just Bitcoin.
686  Other / Beginners & Help / Re: Do I need to Trade My Coin on: October 04, 2023, 05:52:24 AM
Do you have meaningful amount of Cryptocurrency at your disposal or you are thinking of increasing the value of your Coin. Let me first of all say never be in a hurry to multiply or increase your coin. The crypto market is highly volatile and you can lost everything you have.

When you're in a hurry to multiply your coins you become an easy target for scammers that promise to double your coins when you deposit into a specific address they provide. Your Bitcoin gets values from hodling so that should be what you should be doing. Diversifying your portfolio can be done by trading other financial market, if you have the knowledge and experience, you can put it to use by trading forex but make your investment in Bitcoin as a long term investment through Hodling. Don't get deceive by what the influencers tell you that trading is the fastest way to make money from Bitcoin, trading puts you at a point that can make you lose money faster. You don't need to trade your Bitcoin to make profit, you make profits from capital gains that you get when you hold until your target is reached and then you sell. When you don't trade, you don't exposed yourself to the volatility of the market and other side effects that trading has to your health like having visual problems.

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Cryptocurrency investment is risky so you may need a coach or Mentor and if you cannot afford always read the valuable content posted on BTC and Cryptocurrency in this community as there are many topic that can be useful to your growth and development.

The industry is very young and most people that call themselves experts and mentors aren't what they claim to be online but are just a random dude that has lots of following and decide to be a coach because he knows we have alot of confused people online that will believe anything they see, don't be one of those people. Investing in cryptocurency can be done from the comfort of your house without any mentor as all the information you'll need to invest in the market is available online. Avoid those paid channels asking you to give them money for them to coach you, they'll just be shilling you token they're been paid to influence so try to learn things on your own and Invest in Bitcoin.
687  Other / Beginners & Help / Re: Seniors apply patience and kindness to newcomers on: October 04, 2023, 05:34:43 AM
I have concerns about the interactions between experienced members and newcomers in this forum. Occasionally, some experienced members can be quite harsh and may forget that newcomers are here to learn. While constructive corrections are beneficial, it's crucial to avoid using harsh or abusive language.

You're on the internet so you should be expecting every form of treatment, people here don't know you so they mightn't know how sensitive you're to words and treated everybody like the way the expect to be treated. While people use harsh words, don't forget they're trying to correct you so they're not actually doing you any harm but good. People response to harsh words more than calm words as they won't want to experience same feeling again so they try to better whatever they were doing wrong. It's also frustrating for the senior members because they get to correct newbies constantly for the same mistakes they keep making so you expect them to have some outburst sometimes by do understand that everything been done here when it comes to corrections is done for your own good so you don't get banned from the forum.

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It's true that some posts from newcomers may be of low quality or show a lack of willingness to learn initially. However, I believe that giving them a chance and treating them with kindness is a reasonable approach.

Some accounts are just trolls and they won't change, some accounts can only change in harsh conditions while others can change in the condition that you explained. We can't all be showing same emotions. Things need to be balance and for that to happen we need both the calm condition and the harsh conditions for the newbies, they'll learn form both condition. If you go easy on some newbies they mightn't take corrections and continue in their ways and become a nuisance to the forum. Just imagine if plagiarism wasn't punishable by permanent ban, many newbies won't have been taking it seriously and would have been plagiarizing contents but because they know the harsh consequences, most of them avoid breaking that law.
688  Local / Nigeria (Naija) / Re: Beware of social media influencers promoting crypto vendors on: October 03, 2023, 10:22:03 PM
My issue here be say many of this content creators then turn to social media influencers and not just that they influence platforms that pays them without even checking wetin them dey influence, the result is they get richer and their followers who joins such gets hurt.

They're called influencers not financial advisers so make we no dey believe everything dey post blindly without doing our own research. If dem talk say A na black, no just believe but do your own finding before you believe dem. This guys are hustling, most of dem are newbies like us but dey just have a large social media following so dem dun take dat pros become influencers. Some projects self dey tell dem things to talk because dey know what will drive people to pick interest in their projects so nobody everything wey we dey hear from their mouth be their own thoughts. Influencers are there to bring publicity to the project and not your guide to a safe investment just as people dey believe everything this influencers dem dey talk and make investment based on what dey say, that one na very bad investment practice, no use anything wey you no sabi how e be just because another person talk say e go well.

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No matter how you like or enjoy any content creator this does not make them genuine, they get paid for everything they endorse (it's not free), if you must use what they endorse always make sure you do a very extensive research about it.

Even when dem dey free like the project no pay dem for the promotion wey them dey do, no forget say most projects get a referral commission program wey anybody fit use to make money from affiliate marketing. E just dey like 1xbet wey we dey see many influencers dey promote, most of dem no get any official partnership with the company but just affiliate marketers that get paid through referral commission so make we no dey believe anything wey we see. If you dey find better cryptocurency platforms to use like exchange, wallet. Ask question for here and we go direct you go the ones wey we dey use and dun confirm say dem legit and even after recommending, still do your own research before you use dem. No believe anything wey you see online both on and off the forum, as all that glitters is not gold.
689  Local / Nigeria (Naija) / Re: Our naira no follow again on: October 03, 2023, 09:57:07 PM
As is stance now all our income is being invested into food, as if we only come to this life to eat food, because of the high cost of living.
I still don't know how dy want the common man to survive, and I also wonder how people without jobs are fairing, because even those with jobs are struggling massively.

Don't save Naira, Invest Naira for assets dem like Bitcoin or land and you no go dey reason all this Naira falling or raising discussion dem because you go dun secure your future with your investment. I no understand why una dey celebrate independence day like say as you dey Nigerian so, you dey independent? We dey like an independent country? Wetin dey independent about the country when we dey depend on others for almost everything wey we dey use and even out politics no dey determine by the masses but by who get money and connection pass. In an economy that's govern by bad and corrupt leaders, how you expect the currency to do well. It'll take the intervention of good governance for our Naira to regain its relevant. It'll only get worse so make we no dey think say things go better for future. Instead to  dey wait for person to come save us, na we suppose save ourselves. We need to dey invest today for the future by hoarding Bitcoin, land and dollars self.

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Everyday price of things are increasing, fuel, kerosene and gas prices is too high, but we just can't do without them.

We have to go back to subsidy because if government allow things to continue as e dey so, na the citizens go surfer am pass. Wetin dey cause all the rapid increase in price of everything na because say fuel price dun increase. The fuel dey control everything for this country because e belike na the most used thing as transportation na wetin everybody need use irrespective of the business wey you dey do and if your transportation increase, e go affect every other thing and those wey get other business too go increase their own because fuel (transportation) dun increase too. The government by now supposed dun see say the plans wey dem get no fit work, even the subsidy money, we no dey see where dem dey carry am go and do better something so make dem just continue dey pay the subsidy make life return to normal.
690  Local / Nigeria (Naija) / Re: Tirement/Retirement (old age) food for thoughts on: October 03, 2023, 09:17:24 PM
My advice... Dey concious, take responsibility & advantage 4rm ur youthful stages to  plan ur old age so that e go easy for u cuz if u no fit do am at ur youth, u no fit do am at ur old age.
Carry am 4 mind say u need help others to fit get help when in need cus as wen u grows old, u must need helps if not financial help but Errands and some health caressings.
This na why we need to invest on people and plans towards our tirement (old are).

No go dey help help people dey think say you dey plan your old age or use dem as your retirement insurance. People mind dey very unpredictable just because you help people no mean say dem owe you back help, the only way to plan your retirement na to make investment and this investment no be human resources like children, relative or others but business wey be say when you old, even though you no dey present the business fit run e self and dey deliver profits for you. Many of our parents no plan their retirement days and dat's why we have people that are meant to be relax and enjoying life still hustling in their old age. No be say dem no been dey ball when dem dey young or received better salary but dem no plan well for when dem no go fit work again that's why we have to be different, dis our generation need to have investment plans in multiple businesses so we no go get all our eggs for one basket.

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Just as the fear of poverty (diesease) is a motivation to create wealths (health) and more wealth in abundance, so as the thought (fear/conciousness) of old age stage(tirement) should motivate us with an early plan against retirements.

Getting a retirement plan dey very easy to do but I no understand why our people no dey do am abi dem too dey live in the moment and no dey think about tomorrow. You fit dey invest 10% of your salary into any better investment way you know say legit like Bitcoin and you use am as your retirement plan. Make I say you dey receive 100k monthly salary and you invest 10% monthly wey be 10k, for one year na 120k you dun invest so and if you do am for 10 yes that's 1.2 million wey you dun invest be that, make we forget about the gains first but only reason the investment capital wey dey guarantee to come out from our investment and make we say we dey approximately 30 years when we get work and we work for 30 years that's 3.6 million investment. Even though the business no dey profitable and you only get your capital out, you can use that to do another new business investment and live comfortably without depending on anybody. Make we dey learn to invest and we'll be independent in our old ages.
691  Local / Nigeria (Naija) / Re: How Technology advancement go affect us negatively in the nearest future on: October 03, 2023, 01:45:11 PM
With the way technology dey advanced every day I dey fear for the unknown. because if e continue like this problem go increase pass like this. For example AI robot. Oyibo don creat plenty robots to help man kind to solve many problem or treduce stress, but in the other way round go affect negatively.

Nothing bad with AI or robot getting advancement in the country, how many head wey oyinbo dem get wey you say e no go affect them but e go come affect us. Aren't we all humans, we need to let go of that mentality or we can't achieve what they're achieving. The jobs wey you think say Robot go get, no forget say some of this Robot are going to to be manual wey be say dem go need operating and also dem go need maintenance so na job wey humans go dey do be dat. Robots go dey make us too relax, lazy and dependable on them and na the only thing wey I fit say na the negativity be dat but the rest are manageable. Instead of looking for our normal jobs wey we sabi, we go up our game and get skills in the ways of the new trend. Robots go actually make our Life better and instead of depending on man power, we go now depend on robot which equals more productivity.

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If you be driver as a profession and driving robots come 9ja come take over all driving job, how you go do? Also if you be delivery man and robots come take over delivery how you go do? What about people wey say them be company or factory worker? Robots go replace man power there by leaving you with no choice. because your line of business don dey outdated and you Don dey old.

Those robot go do better job pass you so why you go vex when the rebot makes life easier and now you fit go find another job wey robot never take control of or you you go learn skills for services of the robot or or robot related skills wey go dey helpful to you in the future. Physical business are getting outdated so maybe e go good when you lose that job so you fit dey reason things wey you fit do online to make money. The world dey evolves and one day most jobs wey we dey see people dey do, na robots go dey do am so e better you start to dey learn skills now to help you when robots begin dominate the workforce. Technical advancement brings civilization to a country as everything get dey digitized and not living like we're in the stone age.
692  Local / Nigeria (Naija) / Re: Hugeblack local board weekly merit review (no posting on thread). on: October 03, 2023, 04:56:17 AM
Link Category Username
https://bitcointalk.org/index.php?topic=5468123.msg62903854#msg62903854 General Discussion Odohu
https://bitcointalk.org/index.php?topic=5467865.msg62914673#msg62914673 General Discussion iBaba
https://bitcointalk.org/index.php?topic=5468176.msg62904840#msg62904840 General Discussion Stepstowealth
https://bitcointalk.org/index.php?topic=5467950.msg62906419#msg62906419 General Discussion Dzwaafu11
https://bitcointalk.org/index.php?topic=5468443.msg62915292#msg62915292 Bitcoin Discussion Majestic-milf
https://bitcointalk.org/index.php?topic=5468254.msg62910876#msg62910876 Bitcoin Discussion Stable090
https://bitcointalk.org/index.php?topic=5468455.msg62915786#msg62915786 General Discussion Forever101
https://bitcointalk.org/index.php?topic=5468254.msg62918826#msg62918826 Bitcoin Discussion EarnOnVictor
https://bitcointalk.org/index.php?topic=5468050.msg62899621#msg62899621 General Discussion Hewlet
https://bitcointalk.org/index.php?topic=5468414.msg62915993#msg62915993 General Discussion EluguHcman
https://bitcointalk.org/index.php?topic=5468669.msg62924988#msg62924988 General Discussion Hewlet
https://bitcointalk.org/index.php?topic=5467726.msg62920205#msg62920205 General Discussion Mr.right85
https://bitcointalk.org/index.php?topic=5468781.msg62928986#msg62928986 Trading Discussion Kelward
https://bitcointalk.org/index.php?topic=5468797.msg62929517#msg62929517 Security Discussion Makus
https://bitcointalk.org/index.php?topic=5468705.msg62926286#msg62926286 Adoption Discussion Orpichukwu
https://bitcointalk.org/index.php?topic=5468705.msg62933556#msg62933556 Adoption Discussion Nwada001
https://bitcointalk.org/index.php?topic=5468308.msg62909566#msg62909566 General Discussion EluguHcman
https://bitcointalk.org/index.php?topic=5468829.msg62933497#msg62933497 Business Discussion Fivestar4everMVP
https://bitcointalk.org/index.php?topic=5468551.msg62920901#msg62920901 Wallet Discussion Coyster
693  Economy / Services / Re: [CFNP] [banned mixer] - Bitcoin Mixer | Sig Campaign | Up to $150/W on: October 03, 2023, 03:07:39 AM
Thanks for the acceptance, Glad to be part of the team I'll go with this avatar



694  Local / Nigeria (Naija) / Re: Is real estate business lucrative in Nigeria? on: October 02, 2023, 11:25:23 AM
I have read books on real estate and I don do many research untop an but I never come across any real estate business men for naija, with how the country be self, person no dey hear about the business 4 naija like other business like that. E be wan ask say, for naija , the business dey easy abi e hard, if you no say you get experience for the business abeg come make you share knowledge on how to do am.

So before I go tell you some things make I make you understand say difference dey with the way you read about Real estate for online and wetin dey happen for Nigeria. Oyinbo real estate is mostly about buying already built house, office building etc either new ones and they rent am out or old ones and they put small money into am and rebuild the thing to today standards come rent or sell am but Nigeria own is mostly about land with other few people wey get the cash wey dey buy estates and come rent am out dey collect yearly rent. Make we talk about the buying of land aspect of Real estate because na that one cheap pass and they very profitable pass for Nigeria. The business dey very easy to do when you get the cash and do am well, no go alone go buy land because for Nigeria they way you present yourself na so people go threat you. Go with lawyers and witness (men wey get weigh for the community wey you wan buy land) and finalized the deal with your landlord, after that one make your lawyer follow up with other necessary documents to get to make you have full ownership of the land then secure your land with fencing. When you do things like this, even the landlord go fear to wan resell your land.

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Is real estate business lucrative in Nigeria?

To answer your question yes, e dey very lucrative but you no go do am like small pikin or e get people's wey be say their only work for life na to dey steal people land with legal or spiritual way and dem go come for you so you need dey prepared. If you get better 5-10 million and land never too cost for your area, brother go buy land and fence am. When development go come your side na when you go know say real estate business na blood money. Land wey you buy 1 million fit give you 5/10 million when you commot all expenses from the land. Just no joke with your investment, secure your land very well, settle the other small small things wey dey dey for land buying so dem no go get any reason to talk say you no pay for you land finish come sell am and even though you dun do everything, keep money for court cases as dem go surely come but with a good lawyer and all your documents intact, you go always win your case.
695  Local / Nigeria (Naija) / Re: Nigerian religious institution accepting crypto on: October 02, 2023, 10:55:08 AM
Hey guys I greet everyone and hope we are doing good. Before I start firstly guys how do would you feel when during tithe and offering and you see the user passing Bitcoin wallet address to you to make payment into?

Every country get how their own adoption go be, aren't your churches giving out account number for members to do transfer for tithe and offering, if we want adopting we should be willing to accept it in any form that it comes. Provided say the churches no dey use the thing extort their members I no get problem with am. If na just normal tithe and offering wey be say we go just scan the church address from barcodes I no get problem with am. Where I go get problem na when dem start dey ask for specific offering like those wey get Bitcoin to income out like like dem dey do now with all those 10k, 5k, special offering just to use extort money for their selfish selfs. Churches fit follow increase the awareness of bitcoin for the country because church na one thing wey we dey believe die for this country.

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I think using or a church having a Bitcoin wallet shows how desperate they are and would leave no stone unturned just to get funds out of members. What are your thoughts about it .

Make we commot all biasness and forget anything wey we dey hear about churches but use a clear mind reason the thing. The world dey evolves and you no expect churches to dey backwards. Why church dey use the latest microphone dem and other things, why dem no remain for that old days type it's because they're trying to make your worshipping experience better. You fit talk the same thing for pos and Bitcoin, churches know now say people no too dey carry cash again so to make our worshipping experience better, it's only ideal that they give us an opportunity to make our tithing less stressful. One thing about life is, they way you expect to gain your success from mightn't be what will actually give you your breakthrough in life and church adopting Bitcoin is definitely going to be more positive as more people will get to know about Bitcoin. Remember what brought about Bitcoin exposure in Nigeria isn't what we all expected will do it which is ponzi scheme.
696  Local / Nigeria (Naija) / Re: Differences between bitcoin trading and forex trading on: October 02, 2023, 08:49:51 AM
Forex trading na where dem de sell and buy different fiat currencies for centralized foreign exchange market. While bitcoin and oda cryptocurrency trading na digital currency wey dem de buy and sell for decentralized exchange. So bellow I go list di differences between di two and which I feel says get advantages pass.

To add to wetin Antotena talk, Bitcoin or cryptocurency trading isn't done only on decentralized exchange (although that's the idea advice to avoid been subjected to regulations on centralized exchange like mandatory KYC verifications). Exchanges irrespective of their types are like broker for a cryptocurrency trader, they're the platform which we use for trading our cryptos dem. Centralized exchange oh, Decentralized exchange oh can all be used to trade Bitcoin and other cryptocurency available on their platforms. The difference between Forex and Bitcoin trading na the type of currency Involved in both trading because Bitcoin na for cryptocurency and fiats na for fiats currency. As you talk about the risk come dey talk about hacking, forex get more risk because forex uses a centralized system wey be say everyone need to deposit their money into the broker before you fit trade Forex but you can trade Bitcoin directly form your wallet through P2P without standing a risk of hack. But this one no mean say your own wallet no go fit dey compromised but if you take the necessary precautions you no go get that problem.

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4: Accessibility, you fit trade forex directly or tru a broker. While bitcoin de  less liquid and e require say make you get wallet and exchange account.

You dey use only Bitcoin which gives more Pros to Bitcoin trading because Bitcoin can be traded without the need of an exchange or an escrow because you can trade Bitcoin P2P without any third party or platforms and that's the real P2P. That local P2P wey you dey do with vendors without needing an escrow that's the main P2P and you can trade Bitcoin that way or other ways using other decentralized exchange platforms. When it comes to accessibility, Bitcoin trading dey more accessible than forex trading. And for the discussion since no be about cryptocurency but Bitcoin, the main difference between Forex and Bitcoin trading na say Forex trading na the biggest market in th world and has to do with trading different currency but Bitcoin trading na just one cryptocurency trading. When you talk about cryptocurency trading na when you fit compare the two small but forex go still get the upper hands when it comes to volume since the market no start today.
697  Local / Nigeria (Naija) / Re: Tips to help you avoid being scamed on: October 02, 2023, 08:15:12 AM
Na two category of scam wey I get in mind to share, and the two of dem na local scam(call scam) and cyber scam(internet scam).

Call scam
1. For this one dem try to scam me of resent but I sharp pass their trick, after my ATM card loss, person con call me say e get one interview wey e apply for, but e con mistakenly use my number take write for the paper (reason because my number and e own na only one digit difference so e con make mistake) say now the company don send message to my sim say make I send am the OTP.
But I nor send am because if to say I send am my account for dey bleed

Honestly I been think say I go see more crypto related tips since you mentioned say na tips to avoid been scammed and since this na crypto forum. As e come be general tips why you no include others tips so the thread go carry weight, just three tips isn't enough. For this call scam, I dey always talk say na you dey make yourself fall for the scam because of your ignorance and greedy nature. Why person go call you in this 21st century come scam you in the most dumbest way possible. How dem go tell you say make you send them code and you go do am. Even with juju self you suppose no fall for those type of scams. Or when dem call you say your ATM get issue and make you send them your pin dem, with all the ads wey bank dey do say dey will never call you to ask for your sensitive information, you still dey fall mugu. Na you no value the money wey you get or maybe you no suffer get am because if you been surfer you go guide you money with all your life and become very security cautious to avoid becoming a victim of scam.

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3. Mining sites: if una see any mobile site wey say e dey mine BTC, ETH, XRP etc just know say na scam, at some point some go say before u withdrew your coins u go get to deposit first, while some go say u go buy miner first( some persons fit cashout for like one week) but after that time, dem go carry people money Japa.

All mining sites especially those cloud mining companies are all Ponzi scheme and should be avoided. They make their money mostly from referrals and the ads wey dem dey displays show you. Mining no be easy thing that start up because e dey very costly so nobi wetin anyhow companies fit do. This is why those companies no dey last because as people stop to dey register, their money go finish to pay their previous customers and them go disappear like every typical ponzi scheme. Instead of trusting those companies no mata how legit dey claim to be, just buy Bitcoin with your money and hold safely or probably go into cryptocurency trading if you get small knowledge of trading from the past like you been dun do forex trading before or other financial market trading.
698  Economy / Services / Re: [OPEN] [banned mixer] - Bitcoin Mixer | Sig Campaign | Up to $150/W on: October 01, 2023, 11:13:11 AM
Username: CryptopreneurBrainboss
Bitcoin SegWit Address: bc1qk3jpmmly0far5fumgp9udwzs6k680a03z2d8tq
699  Economy / Economics / Re: Free Investment tips on: September 30, 2023, 10:34:40 PM
1. Education: Education is not only obtained in school; it can also be obtained in our community, inside the house, on the internet, in books, among friends. There are also free platforms such as Youtube, LinkedIn, and others. In other words, you don't have to enroll in thousands of courses if you don't finish them or buy books you haven't started reading. So while you have access to free education, take advantage of it.

Education is an investment but it isn't free, maybe in some countries it's paid for by the government but from mine you need to be financially strong to be able to afford an education because they're not cheap and when you want to experience a quality education you spend money pp. The free education you're referring to that we get from YouTube aren't cheap either. Because you can afford a data plan to watch those videos doesn't mean others can be able to afford it. Education in general is expensive and that's why people take out student loans and get into debts that they work their whole life for.

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5. Cultivation or skills: you don't need to pay for training in schools or an online academy to have skills. Did you know that humans are capable of learning from the environment, what they see, what they experience, and even just their imagination? The skills that I have today I only got for free because of the different ways that we have now in this generation.

Yes but most money making skills are learnt or improve on, if you have a skills that you want to use to make money you need to work on it by going to learn more on the skills and improve it and doing so isn't cheap. My humble advice is to stay away from things that are free because what you consider free is been paid for in another means that mightn't be monetary aspect but it'll be more valuable like your time which is not recoverable like money that after spending you can recover when you make money in the future from the investment or knowledge you acquired.
700  Local / Politics and society (Naija) / Re: School drop out, unwanted pregnancy and divorced - my personal view on these! on: September 30, 2023, 06:11:08 PM
It's always common to judge such people and even if you feel sorry for them, the moment you see them again, the first thing that comes to mind is that he/she is a dropout and you might even start looking down on them.

E no get wetin you go do wey people no go judge you, so you no support dey reason people judgement, dey do wetin you wan do wey go make you happy. If you wan drop out go chase your desire do am, I no think say people too dey reason that dropout matter again because now wetin dey rein na money not degree. You fit be drop out but provided say you make am fir life, nobody go dey reason you as drop out. Those wey finish school go dey wish say dem dey like you self. As for the divorce matter Nigerian never accept that culture yet that's why people still dey judge wen e happen but as I dun talk, no reason anybody matter, do wetin you feel is best for you.

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Life is very unpredictable, the least we can do is give our support and a helping hand to people in facing these life realities.

You know say people fit avoid all this things wey you dun talk so, unwanted pregnancy can be avoid by the use of protection or total abstaining from sex until you're married. This na wetin God say make we do so na wetin we suppose dey do no be to dey accept wetin dey trend dey later come regret our decisions. For Divorce, symptoms dey dey from the very beginning of the relationship but for the sake of wetin people go talk we go still remain inside and e lead to marriage with the mindset e go better but if we fit dey bold end the relationship before e go far, we no go dey find ourselves for this kind situations dem.
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