I will make them my inspiration, because I will be very happy to get to see when people are doing well, even though we are not on the same standard, I will be motivated to do better so I can be in a better position. If it’s something that requires me seeking their help I will surely do, they can actually be in a better position to show me the road that leads to success and I end up becoming successful. There’s no need of faking it and dying in silence because I might never make it when I choose to fake it, that is closing opportunities for me. I have to embrace myself no matter the situation I find myself and look for ways to improve.

The truth is that things now are not same as before, no more job opportunities for graduates unlike before when most persons are not interested in going to school but now everyone wants to be a graduate, making the population of graduates more than the available job opportunities. Even when they try to secure little job they are opportune to get, it comes with very little pay and at the end making them settle for less because they need to survive. Most graduate that have jobs are still struggling because most of the job they try managing can’t even cover their bills, not even enough to eat properly and at the end of the day, they can’t account for all their hardwork or even anything to show for it as someone who is working because they are just struggling to survive.

Education is still the key, not like people who are not educated don’t get rich, they do but just that if most of the educated ones can just have a different mindset of acquiring a skill or doing something different not necessarily have to work for someone, I believe they would become successful.

I think the right word to use here is discipline, self discipline. After discipline that’s where self control comes in, cause if you’re not disciplined, you can’t have self control. Being disciplined doesn’t make one rich, everything boils down to your income. You can choose to be disciplined, save money and deprive yourself of some certain wants when you don’t even receive good income and at the end of the day does that your savings make you rich, no it doesn’t. What can make you rich is your mindset on how to invest does money you aren’t spending, into something more profitable that will multiply that money.

Mind you not all investments becomes profitable, that’s why as someone who wants to be successful, you need to choose wisely on the investment you want to do, so that on the long run can fetch you good profits. Not all investment makes you good profits immediately, that’s why it’s always advisable to have patience when going into an investment, with patience you can succeed but without patience you go into regrets.

The right answer is no, everyone must not invest in bitcoin. It is a matter of choice, because there are other investments one can go into but someone that really knows the value of bitcoin wouldn’t hesitate to invest. Bitcoin is a store of value and really a great investment to go into, although bitcoin is volatile but on the long run if you HODL for long term, you can make higher profits compared to other investment plan.

Thank you for compiling this very educative topics for us. Especially for someone like me that is still in the learning process of Bitcoin, I find this topics very educative.

After going through most of this topics, it will help me navigate around the forum as a guide on what to know, what to do and what not to do and also enhance my knowledge about bitcoin, making my experience here an easy one

Yes it is right to have kids and God said we should go and multiply but that does mean one should start having kids when they are not capable enough to Carter for them. Before you start having kids, you should atleast be able to earn enough to take care of them, so they won’t come and suffer.

Secondly when having kids, you should make sure you give birth to the number of children your income will be able to take care of, you should be able to still live comfortably with your family after having a child or children. Not earning very low Income and you’re having 5 to 6 children you’re not able to take care of. I believe everyone should cut their coat according to their size.

I feel it depends on the capability of the individual to make a choice which is better, because most persons prefer owning a business but don’t have capital for startup and would rather work first and earn salary to be able to gather capital to start a business. Not everyone is comfortable working under someone, majority of persons wants to be their own boss.

Owning a business is more preferable because there would be steady cash flow, one doesn’t have to wait till month end to have money or sort out personal bills, you will be able to live at your own comfort and a higher chance of making more money compared to someone who earn salary.

Yes it’s a good thing to farm, most people even feed from farming but the truth is that farming business is not that easy as you think. Not everyone that goes into farming becomes successful, we still have farmers that are still suffering today, so to be a successful farmer or to reduce poverty from farming you need money for it.

Remember, you are advising everyone to buy a land and start farming to gain wealth so we can invest in Bitcoin, but come to think of it, it’s not every poor person that has the money to get a land, even when you get the land, you still need money to work on the land, and also after cultivation not all crop will be harvested same time, some crops even take years before harvesting and also there are different factors affecting crop growth so you might even loose along the line. So it’s not as easy as you say and not everybody might be successful in it but regardless farming is also a good means of survival but not for everyone.

I agree with you that hardwork is no longer enough, is not like hardwork doesn’t pay, it does but right now in our country it isn’t enough for one to be successful. Most people at the top worked hard to be where they are today while some didn’t work so hard because of the opportunity they had, because of people they know and not because they were hardworking.

The country has made life too difficult for people so nobody wants to work hard to prove anything because they believe at the end it will yield no result. There are some persons that settle for less, not because they want to but they have tried so hard but to no avail, even in years to come they don’t see themselves at the top and tend to give up so quick.

It’s advisable for anyone that wants to see him or herself at the top to work smart not just working hard but with smartness and that’s where strategic thinking comes in.

Op everything you said is the truth and exactly how it should be, that why “patience” comes in.  If you know you want to invest in bitcoin you must be ready to have patience and HODL for a long term because holding for a long term is the only time you make good profit. Holding for short term might lead to heart break and regrets, so it’s better you take the risk and invest in long term with peace of mind because bitcoin is very volatile.

This wan really shock me say e get school and church wey don Dey use bitcoin already cos I never Hear of am before but na very nice innovation actually, how I wish every other churches and school fit learn from them. Anyways, na good sign say Bitcoin is now taking over and it will come to a time wey so many people go adopt to using bitcoin for any payment at all. Because no be everybody get there money for naira, if you wan pay your children school fees u fit just easily pay with bitcoin as far say the school get bitcoin wallet and even if you Dey church, maybe you wan pay for donation, tithe or offering, you just from your bitcoin wallet pay.

Before few years to come, bitcoin no go be new thing again since the knowledge of bitcoin don Dey spread and so many people they into Bitcoin now.

Yes I totally agree with the fact you mentioned growing a thick skin, it’s actually necessary here in the forum because everything will not go your own way or you might not get the kind of reply you want here atimes and most of the reply here might look annoying but you have to pull through because we are still in the process of learning. In a forum filled with different mindset, we should always be ready for quote or reply that might or might not seem appealing to us.

Yes it is very important to save as long as you are a human being. Although, most people don’t have enough to sustain themselves from their salary talk more of to save. While most persons have the money, they only spend on enjoyment and luxurious things without having the taught of saving because they think the money will be there forever.

I know of a man that worked in an oil company for more than 15 years that was doing very well and well respected by people because of his money but did not save, no investment of whatsoever, not thinking of the future, only spending his money on a good life which is not a bad thing. At the end of the day, he was removed from him job, a man who was doing well, after one year of joblessness became a beggar. No investment he could go back to or even a business and he lost his respect from people because he is now a nobody.

If you have the opportunity to save, please save. You can also invest in bitcoin and HODL for long term to earn good profits in the future, which will also help your future generations. Savings can also serve as emergency funds and backup funds, so when in need you will have something to turn to instead of begging. It also stands as a means of financial stability, one can also build wealth from savings, so if we have the money to save we should save instead of spending it all on material things.

The truth is that youth of this days still learn skill but not as before because technology has taken over. Youth of this days now want to make quick money, so they don’t have the time to go and become apprentice for so long before they start making their own money when they can make quick money online without having to be under someone.

Some are actually because of cost of living now and the situation of our economy. How will one feed or provide for themselves if they don’t work. Not like they don’t want to learn a skill, they actually have the interest to, but on a second taught your pocket is empty, how do you tend to feed and survive when you know you’re not making money yet from that skill you’re learning. So it will be better of for the skill to wait first, while you work and earn money to survive.

Lastly, I believe some stopped learning skills or don’t want to because they are just lazy to work, they prefer to just sit at home and do nothing.

I'm on the learning process of bitcoin investment and what I've learnt so far is that holdling it is the best form of adding value to your money, if only people can be very patient and hodl it for a very longer period, anyways let's capitalize on "Patience"  which is one of my major reason for coming up with this post.

We all know that our economy is getting very bad as the day goes and it's very difficult for most people to feed not to talk of having the patience to hodl their money and watch it grow, people would rather use it to feed and sustain themselves, although I'm not speaking for everyone but I'm curious to know if there are still serious holders in our country in this present economic situation?

I swear, in this country that most of our police agencies are uneducated. Even though bitcoin is now approved in Nigeria, immediately our Nigerian police hear Bitcoin or anything related to trading, you will be tagged as a fraudster because they won’t even believe the fact that you just talk about bitcoin to make a living. So it’s better you don’t even say and rather say an occupation that’s sounds reasonable to their hearing and you go your way.

Some persons are very funny because how are you saving and you’re starving, like you’re actually dying of hunger but you have money in your account, so when you die eventually because of starvation who will take all those money or will you die with it?
Food is very very important to keep one healthy, that’s why food consumes half of a man’s saving because everyday you must eat, even though you don’t have money to buy cloth or do anything else for yourself with the little you have you must eat, the first thing that will come to your mind first is food. Because na who Dey alive they save.

Even as a human being, part of your daily expenses food is always included. With the high price of commodities now, if you don’t earn well you can’t eat well. Because even with the little you earn, the price of food stuffs will finish it.

Investing in Bitcoin does not actually give everyone financial freedom because it depends on how much you’re investing and if you actually have enough to invest to gain financial freedom.

Secondly, financial freedom is not something that could happen immediately when you just invest, so if you have the mindset of investing to gain financial freedom then you need to have patience to HODL bitcoin for a long term to make good profits.

Finally, the amount of bitcoin you’re buying really matters because when you invest more and HODL for long term you tend to make higher profit compared to someone that invested in smaller amount of bitcoin.

Thank you very much Op for the valid points you’ve given to newbies that want to invest. Most newbies don’t have the idea of what discretionary income is all about but your post has thrown more light to it for most newbies that don’t have the basic knowledge about investing in Bitcoin but rather they just want to invest because they see other persons investing and making profit from it. In order words, they don’t mind using more that their discretionary income to invest and on the long run they start regretting or even end up selling their Bitcoin at loss without making any profit.

The backup funds and emergency funds are also very important for people that want to start investing because you will always have what to go back to when you’re in need of funds and when this funds are available, your mind would be at peace to be able to HODL your bitcoin for a long-term.

It’s better to invest in bits if you don’t really have much but by the end of the day if you check yourself and find out that even when you want to invest in bits, you will have no emergency funds or backup funds available, it better not to invest until it’s convenient enough for you to do so.

Bitcoin is not only for the rich. Both the rich and poor can invest in bitcoin since it was meant for everyone and doesn’t discriminate, although you need money to invest.

The only thing I see here is that the rich has higher chances of making more money because they can buy larger quantity of bitcoin and make more profit overtime, but the poor can only buy in bits depending on the discretionary income they can generate. Although, most of the poor are scared to invest in bitcoin because of the little they have not knowing they can invest in bits depending on discretionary income.