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This discussion touched me most time I do hear some people who condemned Bitcoin after fallen victim of scam deem it necessary to bring this kind of information here.
Today new investor and adopters of Bitcoin and crypto with less knowledge on the ecosystem whose expectations is very high get stock along the road after investing that leads to: 1. Disappointment 2. Anger 3. Discouragement 4. Frustrations and many more to mention which has course many misinformation to others investors or newbies who interest is to invest in Bitcoin.
It's advisable to first lower expectations while seeking to invest in Bitcoin with this first principle knowledge of Bitcoin not a quick to get rich scheme because misconception of many viewing Bitcoin as quick to get rich has caused them a victim of scammers as they think the system can double their investment overnight. Bitcoin yield interest on investment made but not as fast as many expect, it required patients and long term holding, it's note worthy that to strife on Bitcoin investment an investor need have other sources of income and seek to diversify where necessary which will eliminate rush to sell off it's asset or been decieve by any who claim to double it's investment within a short time period, as long term holding is the code of succeeding and making any high expectations comes through. Any whose seek to invest in Bitcoin need first seek good knowledge to scale through as enhanced knowledge and idea make everything easy on Bitcoin investment.
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The clamor of the citizens on the cutdown of cost of leadership sound too strange to our leaders and their way of policy and their stomach greed desire why depriving the poor masses their rights and benefits, how can a government who is not able to pay above 62k minimum wage be buying two private jet for president and vice as well houses for leaders who already have private jet even the past previous left those garjet behind the seat and they are approving new one which the money is to be borrow by world bank and title it road infrastructure for rural area as the purpose, while it's for private jet and the personal House, my question is are we the citizens really human whose eyes is opened or our leaders sees us as blind human and why is it that we are easily deceive and allow them to make their way without any interference like others nation with Africa whose do stand against government policy that kick against it citizens because we most time see the western not been part of the third world countries, whereas some African countries are getting it right please your contribution is necessary.
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My country people this discussion I felt it's necessary as it purely in concerned with us to be discussed here instead of politics forum, though stand to be corrected if need be one can't still post it in politics. It's no longer news on the borrowing nature of our leaders or government where the citizens are been deceive on the purpose to which they borrow which they tide down to infrastructure, as foreign debt has risen beyond control where many western and foreign investors are afraid of borrowing or investing in our nation do to unstable economy and inflation rising and our currency have no value. This has not serve as lesson for our government or leaders to correct the error of borrowing without investment on what the borrowing is made for, now that the foreign debt has gone beyond to borrow, and investors are also afraid they have turned to borrowing of pension fund kept for workers , for the same purpose of infrastructure this Link https://www.thecable.ng/fg-to-deploy-n20trn-pension-fund-for-infrastructure-development/amp/My question looking at this news and the state of the nation where nothing is working such as refinery and others infrastructural development that generate fund for the nation, is not working will there be government again as foreign debt, pensioners labour without means of paying back.
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This topic I deem it necessary it's discussed here as mostly concerned our citizens here in naija, it's no longer rumors or news that our bank is diminished in many aspects of their duties unlike before the introduction of POS, where ATM pays their customers but today the ATM no longer work or pay money upon the number of machine bank may have even if is paying hardly see more than one machine paying.
Likewise to the part of customers, many customers has ended up not depositing money in bank but through POS where it act as selling the currency as POS operator buy the money from then where they see their interest at hand for saving money, in addendum to this facts the last CBN policy in our naira also course all levels of depositor lacking trust in our bank in saving their money instead prefer to save it at home as the stress on bank become unbearable after saving in bank found it difficult to withdraw as at when due or need by the customer, looking at this instance and how the bank operate now and POS trying to dominate the market coming up with the strategy of buying the money directly from the market woman and depositor do you think bank will still function in having full control of their customers in depositing and drawing as many have loss interest on them.
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Have you ever imagined how hard it is today in our society as it's very difficult for citizens to throw away money by mistake just like before one move on street and peak fiat currency of different denomination, and some valuables such as golden necklace etc, apart from peaking of currency, valuables in street people find it difficult to even release money unlike before as charity to individual ,organizations or donation to any occasion as everyone is conscious of not knowing the next and how harsh the economy and inflation will hit them mostly the third world country like my nation, that is heated hardly.
I just they imagine the way many today has turn into begger because of hardship of economy despite working or being engaged in one way or the other scale of business find it difficult to Carter for their responsibility and just to meet up, has course many to commit some hinious crime against the policy and laws of the society, do you think economy is fair enough to it's citizens facing this level of hardship of going against the laws of it's nation, what will a citizen do when everything is against it's survive, Your idea most priority.
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this matter really hit hard on the happening within our environment, there is a saying that peace is priceless but in this recent time I don't agree with this because it's very difficult to get peace because for peace to be obtained by any individual the person must go extreme of not doing anything against nature even at the point of not going against nature, one is not free yet by unknown enemies because the heart of man is full of evil, many nation pays heavily to maintain and keep peace and protect their territory from being attack, so is single individual also need do all things to keep himself secure by doing all thing that pleases people around him/her why then is peace regarded as priceless, please tender your idea in this matter.
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My fellow experience prank victim personnel in the forum let us drop our prank experiences as related to the month of April as this discussion bordered me so much after encountering this prank. I know we have received by friend, relative, organization or somewhere else in the month of April as a result of the popular "saying called April fool". Example l was called that my Ac catched fire as NEPA brought light, this was a great shock unknown to me is prank I was unrest because I stayed in rented apartment even if it's personal building what fire does to building is not worth experienced. please tell yours as we make fun of it.
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My people this issue is like a hook covered with worm to a fish, I get stock and run out of advice to arising issue of a military wife, whose husband is cheating on, as her action is always to take life by carrying out juggle justice, I was opportune to advise by virtue of closeness, tell her to take the case to court, or family of husband or church even any of whom his husband listens to. Also report the husband to their main boss as in the military head where the man is posted, but these was rejected by of her among all the option her reason is that people may side her husband as he is not the first to practice it, if your In my shoe what will be your best advice please, it may not be BTC related but let your opinion be problem solving. Please chok mouth
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It's no longer news that Africa have been condemning the practice of LGBTQ over the years but have not sanction defaulter, I was reading the news l saw one Africa country parliament passing bills to purnish any who is victim to LGBTQ. This thrilled my mind to discuss this in the board if the government is doing the right thing based on Africa way if believe and practice or taken wrong direction. You can read through this link for more information https://www.aljazeera.com/news/2024/2/28/ghanas-parliament-passes-anti-lgbtq-bill
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This issue keep bordering my heart looking at the nature of things and our economy's , if actually is the same democracy I see others nation practice that we are into, or has been adopted into kakistocracy as used in the past to describe the Russian government under Boris Yeltsin and later Vladimir Putin, the government of Egypt under Abdel Fattah Al-Sisi, governments in sub-Saharan Africa, the government of the Philippines under Rodrigo Duterte, and several United States presidential administrations. But if it's from facts I see them do better than what our leaders are doing today because truth been told even kakistocracy is better than our democracy from the facts I read from those that practice it, even at the point of being governed by the least. my question is what class should we classified this type of government in our nation please share your idea.
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Just as the Bible said in psalm 126:5 those that sow in tears will reap with song of joy. Bitcoin operate on this principles, in order words, it means that those that take "risk of investment on bitcoin" will succeed in time of harvest with greater joy. Just as what you don't plant, you don't expect harvest, it's called sowing and reaping law, nothing come by magic everything is created, the force you exact to invest is your way of creating and planting. Until you take decision on becoming a bitcoiner everything remain constant,you can only change your situation by exacting force on area you need change, but been in a constant of no action make you static on that position.newbie realize this principles, on how to take action. I begin to imagine how those that have the rank they operate today, change their story by taken a bold step of risk. As newbie don't forget that a thousand kilometers begins with a step and a little drop of water make mighty ocean, you must stay positive to achieve it the higher your risk the best your result it's more risky not to take a risk. It's my advice,house join me chok mout
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My people this thoughgt always come into my mind base on how some people emphasize on investment on bitcoin as the wait for neutral ground where the fall is ok why some are afraid of loss or whatever may be their reason, for those who love and eat rice, been honest why eating your rice did you grand or chew all the rice before you swallow it, if you don't why wait when it comes to deal with Bitcoin, just as is not possible to grand all rice because if you do you will end of not finishing the food, loose time and appetite will be there so is waiting for all ground to be Leve before taking decision of been a bitcoiner and investor, having a plan to buy more when price drop is good but too much ingredients they spoil soup, and too much calculation brings about late conclusion and late conclusion is regret which our people always called hard I know "Mr.late" think if it's rice if you can wait.
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My people l greet oo this thing keep ringing in my heart despite not being a crypto matter, why is it that little things are always difficult to handle most time it curse more pain and hardship compare when handling big thing. I was called upon to do maintenance work just small money but i passed through hell if not God all I charge enter plus the pains I pass through even fresh job can't give me such sorrow. I come they think outside the box like ordinary person to console my self using one tiny rat that always run around people's home it passes any tiny hire or opening very difficult to killed, that is like small job may be difficult as well have nothing to offer, can this my view be correct, please chok mouth.
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My people I hay una, new and old oga Dem, my appreciation goes to oga them way gather idea to lift our naija peppo out from suffering in the board and showing us way to succeed on the Bitcoin walks.is gud we all due show appreciation not complaining to control human being no dey easy oo sometime pepsin wey dey do wrong go they claim right, that's why some peppo no dey help or bring gud tin for their peppo.many times I do here peppo complain of the moderator not been fair,as my peppo do say no place like home na so e be, no moderator hate any body but guide peppo to succeed our error for home can be corrected with love compare to outside. Me I have seen this naija board done make peppo attain their goal, beginners with no idea become guru, let us appreciate and follow guideline to encourage our leaders bring more to our table, I stand to be corrected, free to add us.
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It is recorded and observe that many beginners fall into sleeping account due to many errors and inability to keep proper record and their personal data. What is sleeping account: Is any account which activity is below required standard of operations. In 2023 notable dormant sleeping Bitcoin transaction rises totaling a staggered number of 370BTC valued at 958 million based on current BTC exchange rate. It's observed that this account lack operation and some cause associated to it is not far from lack of proper documentation of personal details to the account. The steps below can help beginners to maintain standard operation 1. Keep proper record of wallet or exchange used 2. Ensure that your email, password and private key are stored in safe place 3. Keep investing and transacting always You can add your for proper information and reduction of sleeping account
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Just as there is a difference in profit making between a regular farmer and farmer who wait to farm only in raining or wet season so is Bitcoin to them that invest regularly without waiting for a fall in price.many time I hear people said they are waiting for a drop in price before they invest, the common example of Bitcoin fall in price is like a car deriver who uses speed of 120 for forward movement using same speed in backwards movement is impossible, waiting for a fall on your speculation is impossible.No Fisher man wait for the wave of the river or sea before casting it's net, because if they do there will be no fish to catch. As the river flow same they follow. There is no right time than now let no man deceive you start from any level you found yourself, it's a hidden truth about Bitcoin.
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My people this matter may not be crypto or Bitcoin related but just want to bring this kind information and discussion closer to the house here. Is it good to show concerned on matter way no concerns you or carry another person problem for head just as our neighboring country they carry isreal to court over war in Gaza taging it genocide. If I may ask is there any benefit of there action to Africa or on their own country because for me I see this as matter way no concerns then as it stands now, carrying this for head won't it have side effects tomorrow please make we chok mouth.
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The following is the most valuable guidelines of ending indecision and delay during investment on bitcoin. 1. Identify the area of indecision and remove fear that leads to failure. 2. Focus more on the benefits not on the losses. 3. Create timetable and gives deadline 4. Always be optimistic by avoiding spirit of pesmistic 5. Avoid people opinion because it may be harmful mostly coming from wrong source 6. Always be self confidence 7. Understand the scope others has taken to succeed 8. Evaluate positively and negatively your past indecision and delay consequences 9. Put into action what your mind tells you without second thought. I think this can help us this year on Bitcoin investment , please add yours to help our growth.
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Just going through the way some person are beginning the year with decided to drop this by saying do not delay in making positive decisions in this year 2024 moving forward mostly in once it concerns Bitcoin and other valuable things, invest wisely because the consequences of delay in our decision and actions, is always regrettable .365 days is already counting down procrastinating is the thief of time and success,let act wisely and on time using the available resources and acting on this slogan no let this year opportunity pass you by or no gree for this year.thanks my people how una see this advice.
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How possible is it that proud can be totally isolated from advertisment in relation to Bitcoin, though in my view the world proud can be relative but not in most cases. At the point of been a bitcoin earner,minner,marketer as well trading how can one be free of proud reason because is a genuine business compare to many illegal business people indulge on. Secondly I understand that any business people engage without being proud why advertising it have questionable character. As a beginner on this platform I have seen Bitcoin as business one need be proud of, because is of more legal backing even though many nation have not approved it, is more acceptable because only few business can be compare with Bitcoin in genuineness because many are illegal that some time involved bloodshed,loss of life etc, the reward of Bitcoin,it value freedom to operator with any level of certifications has brings many people with lost hope into a renew hope,this few point still ask if proud during advertisement on Bitcoin can be removed.
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