Congratulations op i can feel the joy in your sentences and am happy for you too, and your method of managing your first payment is nice. What captured me was the act of kindness shown to the poor, it is indeed a quality to imitate.

Investing in bitcoin is a good decision, the amount you start with does not really matter but your consistency in adding it up due to your weekly or monthly pay grows the investment even before you know it.

About online payment, I haven't received any but I know the joy that come with receiving a salary. Once again congratulations op and more success.

Op trusting a friend isn't out of place, have seen friends turn brothers and do almost everything together but then it's not really advisable in the area of trading or investing. Trading or investing are attached with significant risks that can result to profiting or loosing which one need to settle down to learn and know what method to go about with.

Trading through your trusted friend with a huge money might not be healthy firstly it might expose you to insecurities, secondly sometimes your friend may run loss, let's say one to three times your friend run loss you might start thinking that your friend is stealing or cheating you even when he is honest and you will see gradually how your beautiful relationship will crash.

It's best to learn and know about trading or investing yourself, then work in course of your study with the method that suit you instead of trading hugely through someone else.

Thanks op for this reminder because I believe there may be ones whom may have not heard nor seen this kind of method in term of scamming. Don't let greed push you into what you don't know, just be careful in learning and using the right platform.

As humans we know that corruption is inevitable either because of personal desires or cultural view. Personal greed, secrecy or dishonesty can cause corruption especially when he or she has a powerful position to influence or mandate anything on anyone. Power can either bring out the best or the worst in you.

Thou power has the ability to corrupt anyone in position but when it is in the possession of someone with good intentions for his or her country and high sincerity or integrity, corruption may seem to be less.

Sorry for his lost, that is a huge sum of money to loss at this period. One thing we should always know is that it is not always good to rely on just your own knowledge or feeling too over confident of yourself. Ask questions on things you don't know, research and don't be in a haste to invest in anything because of somebody or greed.


These scammers are so desperate that they can go to any length to achieve their goal, they update themselves on different methods and technologies and even applications can look too real to be false just to achieve what they want.
Even as we research and ask questions on how to identify scammers, we still need to be careful and watchful on deals we sign or platforms we invest.

You may not be far from the truth, if op's friend wanted someone to know about his bitcoin wallet he would have related it either to his parents or someone else.
These questions need to be considered so as not to go against a friend's wish.

But if it's with the consent of his parents you can go ahead, they still have the right to take decision for their son but the unlocking should be done in their presence (the parents) also following the legit way of unlocking the wallet.

Bitcoin is on a massive progress though not all part of the world accepts it still bitcoin has proven itself as independent. We all look forward to the day when bitcoin will be accepted and recognized all over the world that is why we need to learn more about it and also educate others there by creating awareness and moving bitcoin to it's final success.

Bitcoin developers are ones which with the aid of proper education, training, research and practical work have helped in improving their skills and knowledge about bitcoin resulting to quality contribution to the bitcoin ecosystem, making it fast and efficient.
It is true, bitcoin developers have being increasing over the years but with recent happenings, don't you think bitcoin need more developers?

With the rapid adoption of bitcoin around the world where by some countries now uses bitcoin as a legal tender, companies and some other stores or shop now also uses bitcoin as a means of payment and concerning creating awareness or educating new users, I think the need for more developers should be considered.

Everyday more people are coming in, more hands are needed on security and privacy of bitcoin transactions, assurance of  the primary nature of bitcoin as a decentralized asset, wallet development and educating now users.
I think they should be sent in badges to areas where bitcoin haven't been heard or where their is no knowledge about digital gadgets or have access to the internet.
Am always open to learn and to take corrections.
what are your opinions?

Yes noted, the fastest way to spread information or create awareness is through social media. Once it's posted, it goes viral and this can help too in the case of bitcoin but then there should be ways to reach out to those who are in remote villages, those without any digital asset or who can't access the internet.

In my opinion, I will suggest we speak or teach anywhere we find ourselves and to anyone who cares to learn, the use of local radio, flyers, newspaper etc. Also open speech in local meetings or town center and even schools can help too in creating awareness about bitcoin.
This can only be carried out with joint efforts as a team, it is not a one man journey so we all can help out in any way we can to make this a success.

I will agree with you, in as much as bitcoin have the potential of being a main currency or note for transactions, the reflection of it's decentralized nature can give us another thought. For bitcoin to be a hard currency, certain process needs to be considered. It will be controlled by central banks and government, it must be generally accepted worldwide, bitcoin price will be stable due to high rate of adoption etc.

All we need is to know more about bitcoin, knowing how well to use it easily and also create awareness in educating others with insufficient knowledge about bitcoine.
One uniqueness of bitcoin is it's decentralized nature so making it a hard currency will rather ruin bitcoin, It is better off a digital cash.

Op, to you I will say your friend did the best for you, he didn't want you to depend on him rather he showed you how you can help yourself which every good friend would do. Learning takes determination, when you set your mind to learn something you won't see it as hard instead as being enjoyable.
Reading and understand is the best to do and then asking questions that disturbs you here in the forum to get helped by seniors.

We are all here to learn, taking corrections should also be part of learning. When you are being corrected and then you take correction, you will see yourself growing even without you knowing. Sometimes you may not see the impact of the correction at that time but you will later realize it the best to be taken.

In my opinion, lengthy post sometimes discourages many to read even when you may love reading, your post may be a quality one but due to the length many will see it stressing to read to the end.
This is a correction which should be taken and then try to readjust, it is also important to we newbies too to learn from this correction.

As we all know, everything should be done by choice. Investing because people are doing so or because you are being influenced into investing in bitcoin is not good for any investor. You shouldn't allow yourself to be influenced or investing because people are doing so, following the crowd may be a lucky step for you in terms of making profit but most times disastrous.

It is best to understand or have a good knowledge about bitcoin before investing in it. Knowing about bitcoin investment completely with make u fully equipped, knowing the best strategy to use and also make you good in decision making. Even after knowing about bitcoin very well, it remains your choice to invest whenever you want, it is your money and you alone knows how hard you may have worked to earn it so you make sure your money is going the right way. Never do anything because people are doing it because it always end badly.

With the little I know, I talk about bitcoin with my friends and sometimes even with strangers due to discussion that comes up. Talking about bitcoin help the knowledge about it sink more into me and also create awareness to those who do not know.

About influencing someone, I have not infact I would not want to influence someone into investing in bitcoin because if anything goes wrong, the outcome would not be nice, it can result to me being blamed for it and at the end spoils our good relationship with each other. The best I can do and even advise is that we should help in whatever way, to make others have  sufficient knowledge about bitcoin and then leave the decision of investing for them to make instead of influencing them.

In this case, I will say relating good or bad stories works together with certain benefits. Relating stories of success is good because it can serve as a medium where someone can know about bitcoin and can also serve as a motivation to the listener, which can result to him(the listener) wanting to know more about bitcoin.
When it goes wrong, it is also good to relate it to people who care to know, losing is as a result of a mistake made out of bad decision making. Sharing your unsuccessful story can serve as an experience to learn from, so that other can know how to or what method to use when faced with similar challenge.

In addition I will advise, as newbies we should do more of learning, research on our own then ask experts to guide us on where needed because not everyone would want to relate their stories of failure maybe due to shame or embarrassment.

The word emotion can be seen as an internal state of being, an unintentional (involuntary) reaction of a human towards something or a situation.
In course of trading emotions like fear, greed, overconfidence, etc can affect you either in losing or making profit. The fear of losing your assets or something else can lead you to make bad decisions in trade, also the desire of wanting more than deserved (being greedy) can also result badly at the same time being overconfident (being extremely certain) may also turn out bad but sometimes good due to luck.

Controlling your emotions when trading starts from you, that is why you need to be ready first before going into trading. Even when trained at a point you make fall prey because emotions are unintentional, they are done even before we know it but it can be minimize if worked on.

I stand in agreement to this because being active as newbies, it is expected of us to learn and understand the forum first. Before one can create a quality or upbuilding post here in the forum, it is as a result of constant reading of previous post and questions answered by the seniors in the forum.
My opinion on this is that as newbies we have a lot to learn, so we can be active on the forum anytime we want due to our time schedule in reading and learning from our seniors so as to improve and make good contributions or create upbuilding topics that can help us and others in the forum.

As newbies there are lots of things we need to know and work along with. As a newbie, it is expected that one must realize that trading comes with significant risk which can lead to loss of income or finance. Therefore in order not to loss money, it is important to know the risk in trading and how to avoid being prey to losing funds.
We can be on a safe side if we observe and follow these tips when trading:

- As a newbie, it is needed for one to have sufficient information, not just sufficient information but accurate information because insufficient or inaccurate information may land us to loss of finance. Having accurate information is very important so as not to loss money.

- Another important thing to know is the volatility of the market because not being able to predict price fluctuation may lead to unexpected loss of income. It is vital for a beginner to know this.

- Knowing when to buy and also when to sell Is also important because the aim of trading is to make profit, so it is advisable to know when to buy and also when to sell so as to make profit.

- Being greedy is not good when it comes to trade because greed can lead to over trading i.e excessive buying and selling of assets which can lead to loss of income but sometimes you may gain due to luck

- As newbies, we should avoid using borrowed capital in trading thou it is vice versa, we can either gain or loss. So extreme caution is needed.

- Making decisions out of emotion can cause great loss in trading. For one to gain profit in trade, he must make wise decisions without fear or greed.

It is very important to understand and know how to manage the risk involved in trading, so with proper risk management, well trading plans and proper education we can trade and make good profits.
Am open to learn, if there is any point am missing please your opinion is needed.

Investing in bitcoin is a very wise thing to do but it is only possible if you know what it is and how it works, in Other not to go into in the wrong way one need sufficient knowledge about bitcoin. Getting your parents to buy bitcoin is not a bad one but it depends on how civilized they are in the digital world, are they the ones that are conversant with the internet or they are the type who do not have any interest about digital assets or interest. Convincing someone to do something that he or she has no knowledge about is not always good because if by any means it goes the wrong way, you will be held accountable.

Getting either of your parents to buy bitcoin is good but it should be done at their own will and also with full knowledge of what they are going into, not just because of their love for you or because you told them to buy or invest in bitcoin, so that if anything should go wrong your parents will not be disappointed in you rather they will see it as a willing act or decision made by them.

It is very normal for newbies like me to fall prey to things like this due to limited knowledge about it. Yes, making my own research is very important but being guided by an expert or a senior in the forum will help more on upbuilding  my knowledge on it.
It is very heartbreaking for someone to work so hard to earn money and them loses without achieving anything with it because of his ignorant about what he is going into.

Many newbies do not ask for guidances due to shame or pride, most times because they do not want to be embarrassed but then it is very necessary to ask questions before doing anything not just trading or investing.
Seniors in the forum can also help newbies like me to grow if they offer to guide or educate me or others who need to be guided.


Taking advice is another vital part because it would not be nice to neglect or ignore someone trying to help you in one way or the other. If all these steps are taken I believe no newbie will fall victim to scam or wrong site that can weep away his money.