Buying a house with BTC in my country Nigeria is possible,but it requires careful consideration and planning Because you need to find a seller who accept BTC as payment,This can be challenging most times as not all sellers are familiar or very good with crypto currency exchange or transactions.
Prices can increase rapidly, affecting the purchase price of the property,yes you may want to convert BTC to minimize risks.
You will also need to understand the tax implications of buying a house with BTC in Nigeria by consulting a tax professional to ensure local regulations. You also ensure involving relevant laws and regulations.
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"Do not judge a book by its cover" applies perfectly to Bitcoin! Beyond its digital nature, Bitcoin has unique features and potential that might not be immediately apparent. Its value lies in its decentralized, secure, and transparent transaction capabilities, making it an attractive option for some investors and users. Just like a book with a simple cover might hold profound insights, Bitcoin's true worth and potential might be discovered by looking beyond surface-level perceptions. Recognize the growing adoption and infrastructure around Bitcoin, Bitcoin remains a popular and widely recognized crypto currency. Bitcoin has a transformative potentials So we should look beyond the physical appearance of Bitcoin and consider the skills, abilities and qualities
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There are several reasons why it's often advised not to keep money meant for your business in Bitcoin or other crytocurrencies because crypto currency prices can fluctuate rapidly, making it difficult to predict their value and also lead to significant losses.
Business often requires stable and predictable funding to function effectively. So if crypto currency is used for business funds and finance can bring unnecessary risk .
Using crypto currency for business,its essential to carefully weigh the potential benefits and risks with a business or financial mentor
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Salary and profit serve mainly different purpose.
Yes salary is a fixed income earned by an employee or even yourself for service rendered, Salary is more predictable and employees have less control over salary.
But profit is earning from business or investments, calculated revenue and expenses, profit is more variable, and business owners and investors have more control over profit. So ultimately, the choice between salary and profit depends on individual priorities and circumstances.
I choose profit because some one doing business and investing well will gain and make profit before the end of the month as for salary earners.
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It's very necessary to save money even in the olden days money is been saved. But how can one be able to save money successfully.
Now to be able to save money successfully we need to indulge in the following
1.set a financial goal for your self 2.create a pattern or strategy how money will be spent 3.There is need to adjust expenses 4.make a plan before spending money 5.build a financial standard 6.Regularly check the flow of saving 7 .There should be need consistency 8.one need to start small and grow
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Any one can be an investor in Bitcoin Bitcoin isn't exclusive for the lot rich only,even if Bitcoin might be challenging for some due to its high value.bitcoin allows anyone to buy some fraction to invest according to ones budget making it accessable to invest what you are comfortable with.
So Bitcoin isn't entirely for only rich people, it's also for the average individual. Bitcoin isn't entirely for the Rich,the weak or only poor people. Bitcoin is for the Risk Takers
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Saving is not enough, because one needs to be strategic to recognize that it's has risks and limitations.
Saving takes a crucial steps in managing finances because it might reduce purchasing power over time Another one is unexpected expenses, indeed life is full of expenses which may makes ones saving not sufficient to cover up all emergencies.
Low interest or low salary amount can also affect financial and saving goals.
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Insurance and Bitcoin seems to be an unlikely pair,but they can create a fascinating synergy
Okay this is how it goes insurance is like a protector having a safety net,it provides financial protection and guidance against all life uncertainties , helping every individual for the unexpected.
Then Bitcoin is the Rebel on the other hand,it's a digital currency that secure and it's very lucrative. Bitcoin has enable individuals to become their own bank,it can also fluctuate wildly, making it a thrilling yet unpredictable ride.
Now when Bitcoin and insurance are combined together, Bitcoin life insurance The game changer.
This process helps individuals to pay premiums in Bitcoin and receive a death benefits
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People or persons can not really not choose to be poor . Yes being poor it's not by choice, may be due to one or two like some problem or circumstances
Because poverty requires a comprehensive approaches that involves
1 policy changes 2 family backgrounds 3 lack of connections 4.lack of education 5lack of economic empowerment 6.and social support So all of these can really set back some persons and make them poor . Not really because they choose to,it's very essentially to always recognize that individuals facing poverty always need social support
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When you're angry, your emotions can override your rational thinking, taking or leading you to a Rash decision that will make you regret later.
So it's not recommended for one to make important decision when being angry.
1.Always calm down before making decisions when you are angry, 2.Alway talk to someone you trust to get advice and seek counsel
Lastly when you are angry always engage in activities to ease your mode, and take a deep breath. Sometimes you can sleep over it,yes some time ago some one made me very angry,I was angry to the point of retaliating but then I said to myself calm,I had to sleep over it at night and when it was Dawn I feel so good.
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Goldbacks is a form of currency that combines the value of gold with the convenience of paper money.
Now why Goldbacks is used because it has some benefits why using it.it provide a sense of security and stability. Goldbacks are physical gold, and are tied to the value of gold and are less to currency devaluation. Goldbacks also facilitate international transactions and are widely recognized. Goldbacks can also serve as a store of value so that individuals can hold assest that can be easily modify into goods and services.
One can still benefits the stability and security from gold while still enjoying the convenience of a paper currency.
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The most important factor to consider when starting to build a business is the target audience. You have to think of who would you want to cater to. Who are the communities that you may profit off of. Like for example if there is a school near you, you should know that students would be your target audience. You should start a business where students can buy materials from or a place they can study or even hang out around. I believe that if you studied your target audience, the first step of your business is already successful enough.
I think you meant to mention location as the setting of the business where you mentioned school,the location of a business works with that if audience I could say and that's because it's the very first consideration especially for a new business because the location and audience determines the rate at which the business gets to grow because setting up a business where the type of business is not meant for the available audience can degrade a business, example setting up a Bar business in an area where there are just primary and secondary schools knowing fully well that it doesn't work for them as it's not meant for them considering the age and time limit but setting up a fast food can actually pay off because students always have to eat and study or even a stationery would pay off,so it's just very important to put outh these to consideration as it helps and also affects the growth of a business.
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If business owners, taxi owners, hotel owners and others who claim to be working for themselves need to depend on customers and customer satisfaction for profit, that is to be able to get money from them, are they really working for themselves?
Maybe the people who are actually working for themselves are those who do not need people or to satisfy any customer to make profit, example like the traders who do not need to lure customers to their shop like business owners or hotel owners, or taxi owner that need to follow instructions from their clients etc.
What could be the real definition of working for yourself?
For me working for yourself doesn't necessarily mean depending on people to meet up with profit making, because the expectations from customers simply explains the channel of marketing distribution from producers to the end users so obviously it's like a cycle that works on reapitition either if the stages invariably depends on the other because talking about business owners and starting from the producers the goods were made for end users and until the produced goods gets to the end users the distribution process has failed so looking at it from this view I think everyone is actually dependent on the other for survival.
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In today's economy, if you want to get richer which one would you want more? Money to kickstart your idea or career... or just creativity and resourcefulness? With social media being more important in the economy and creation of jobs, anything is honestly possible now.
Yes, there are still things you will need that require money but it is not much money compared to before. So many jobs are created from the internet. So many people can reach out to you and help you if they take interest in what you do. So, for me even though money will make things easier... resourcefulness can really help you be richer. Will you agree?
Yes ,I agree with you that money can be earned through resourcefulness and resourcefulness implies that one has to have a creative and sound mind always wanting to do new things and knows how to strategize properly to execute the ideas and vision of a person either to make ends meet or setting a legacy for success so in my view money is basically an end point for resourcefulness.
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Skill is good and educational certificate is also good. Having any of them can actually put food on your table, but the question is which of them will you let go for the other. I mean education can get you a white collar job the same way a skill can too. For me i will let go of the skill because skill without basic education is not good at all. Because I have seen a situation whereby a guy with good skill who got a job was unable to give quotation and he lost the job .Formal education is good for everyone.
I humbly disagree to your point of view reason been that every thing has it's advantage and disadvantage, considering the fact that the both are of great benefits to the possessor it's still important to note that one cannot be abandoned for the other ,for me I think it's even preferable having both as nobody knows where he or she could find opportunities with it ,if the collar job doesn't work for you or while aiming at a white collar job the skills can pay you off,in a country like Nigeria it requires more of skills because there no much job opportunities and it's regarded as a country where youths go to school and graduate without any hope for job employment so I'm standing on the ground that they are both essential.
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Bitcoin currently can be analyzed from various perspectives, considering some potential risks and opportunities.
Bitcoin price has been fluctuating , with a recent decrease, this valatility can be attributed to factors affecting the market and global economic conditions and development. Some of the factors affecting Bitcoin price are Regulatoryenvironment,micro economic conditions, market sentiment
Yes the changes in investors attitude and emotions can affect Bitcoin, investors should always stay informed and adapt to changing market condition. Untimely whether Bitcoin is in danger or not I think that Depends on one perpertives and Risk tolerance.
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To be able to accumulate Bitcoin one needs to put into consideration some side hustle services like graphic designing, writing and doing some programming work. Another thing one needs to consider is buying and trading of Bitcoin on crypto currency exchange.And also to invest in mining equipment to earn Bitcoin
Lastly one can also consider creating and selling digital content like offering Bitcoin courses, ebooks etc, One can put in consideration of marketing Bitcoin in the affiliate marketing to be able to promote Bitcoin related products and services.
These approaches require dedication , research and adaptability , putting more efforts and potentials to accumulate Bitcoin and benefits massively from crypto currency growth. Finding a side hustle enables one personal growth ,builds confidence, Independence and self reliance
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Staying in your current job is not a problem, even if you feel uncomfortable. Sometimes what we need is not a pleasant job, but a job that can still provide us with an income.
Many people out there don't even have a job to earn money, and are still struggling to search for one. So we can stay with our current job while we search for others.
I saw that post on my Facebook feed and thought about it. It's true. If we're still working in our current job, we're still luckier than those out there who are still struggling to find a job. Don't waste it by thinking short-term about leaving your job before you can find a replacement. There will come a time when we can find something better than this. So, hang on a little longer and enjoy what we have and be grateful for it. note: I use grammarly to make it readable. One really has to be grateful for what he possesses because for every stage you find yourself in life there are people that strongly aspire for it So holding onto what we have is a big flex indeed
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 1. Wolfgang Amadeus Mozart lived shortly from 1756 to 1791. He was considered to be one of the most celebrated composers as he toured Europe as a kid to showcase his talent and allowed him to make up quite a fortune. However he had a problem with gambling and he also avoided certain jobs that led him to having massive debt. He was buried in a common grave due to poverty.  2. Thomas Jefferson was the third President of the United States. He had a wonderful career but couldn't control his spending and passed away with massive debts as well. A lot of his property was sold to pay off his debts.  3. Michael Jackson was called King of Pop and unfortunately passed away in 2009. His songs remain to be culturally relevant however at the time of his passing he passed away with around 500 million dollars of debt. Due to this, many of his assets were sold to pay for his debts. The lesson I got from looking at all these influential people is you can be exceptional in your field but if you do not know how to manage your money you might just die penniless. I personally do not want to pass away after suffering from poverty. I want my last days to be spent in bliss. There are other people in the list but I only chose three. Elvis Presley _Despite being one of the best selling artists of all time, Elvis's estate was nearly bankrupt at the time of his death due to poor management and excessive spending. Jimi Hendrix _the legendary musician died with very little assets and his estates took years to manage and generate significant income Highlighting the importance of financial management Effective financial management is crucial for achieving financial stability, security at freedom...and here are some key aspects of financial management 1.Budgeting_creating and sticking to a budget helps to track income and expenses. saving _Building an emergency fund and saving for long-term goals provides a safety net and helps achieve financial objectives 3.Investing_investing wisely can also help grow wealth over time ,but it's Essential to understand risk tolerance, diversification and investment options. 4.Debt management _Managing debt effectively involves understanding interest rates,creating a debt repayment plan and avoiding high interest debt. 5.Financial planning _setting clear financial goals,such as retirement or buying a home,helps guide financial decisions and ensures progress towards achieving those goals. By mastering these aspects of financial management, individuals can be able to reduce financial stress and also have increase financial freedom.
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There’s no harm in starting small, start a little then use your income to buy things that appreciate or that generate cash flow, not just things that will cost you more like every month or a year. Very importantly……….. keep learning, it’s a mindset shift that happens gradually.
Having multiple streams of income is important because one job might not be able to cover all your needs. Inflation is affecting many economies, causing an increase in the prices of goods and services. Investing in assets and starting a business is also okay because profits from these sources could contribute to the person's income. But another important behavior to learn is modest living. Living extravagantly could affect the finances of an individual. The reason why some individuals have not been able to save enough to invest is because of wasteful living. It is not just about having a high-paying job or business, it Is important to learn how to live modestly to enable you to save to invest. Instead of trading time for money the idea is to create systems or investments that generate income without requiring direct time exchange..it includes *Investing in stocks,real estate,or other assets. *Building a business that runs passively or with minimal involvement. *Creating and selling digital products or intellectual property. *Generating passive income through royalties,dividends or interest. The goal actually is to create financial freedom and leverage your time and resources effectively.
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