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Author Topic: The power of bitcoin HODLING in Nigeria........  (Read 303 times)
Oshio-man
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September 11, 2025, 03:24:08 AM
 #21

Yes bitcoin holding e dey good for di people wey dey interested. But we have to know dat di market e dey volatile, both from di bitcoin side and from di local exchange rate. Like, dis few days Naira e dey get gain against di dollar which na good thing but e go affect those wey get good number of bitcoin before because when dem go sell am the amount no go dey same when the price been dey high.
Invest in bitcoin at the right time and enjoy di benefits.
There is an opportunity for u to earn money from bitcoin holding especially wen u are holding for long term which is d most favourable to holders in d industry, d market is volatile and is part of some of d things that is making short term and long term holders to invest in bitcoin in d country to test d power of bitcoin holding which is enjoyable, if u are d type of holder who no dey like to sell bitcoin quick, i no think naira appreciate toward dollar will affect d holder because u have d power to say u no dey sell now until bitcoin price, naira price and dollar price are in good position before u can sell to make money, and don't forget to always protect your passwords and seed phrase because those are d tools that make your bitcoin safe in your wallet for d holding to yield a good result.

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September 11, 2025, 02:01:07 PM
 #22

Yes bitcoin holding e dey good for di people wey dey interested. But we have to know dat di market e dey volatile, both from di bitcoin side and from di local exchange rate. Like, dis few days Naira e dey get gain against di dollar which na good thing but e go affect those wey get good number of bitcoin before because when dem go sell am the amount no go dey same when the price been dey high.
Invest in bitcoin at the right time and enjoy di benefits.
The truth of the fact is that there is absolutely no right or wrong time to invest in Bitcoin, inasmuch as you intend to buy and hold for a very long time. Because you can't compare the advantage and privilege Bitcoin has to our Naira fiat currency, despite how Bitcoin may be claimed to be volatile, because it's volatility is one that always rise and increases spontaneously whenever it's market demand is high. While secondly, it also has a higher tendency of its price value surpassing the previous All Time High after each halving, which is why if you buy Bitcoin either within a bear or bull period, you are likely to see profit after next halving period. Far better than saving money in our Nigerian banks.

 
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GIF-JOBS
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September 11, 2025, 03:35:47 PM
 #23

Yes bitcoin holding e dey good for di people wey dey interested. But we have to know dat di market e dey volatile, both from di bitcoin side and from di local exchange rate. Like, dis few days Naira e dey get gain against di dollar which na good thing but e go affect those wey get good number of bitcoin before because when dem go sell am the amount no go dey same when the price been dey high.
Invest in bitcoin at the right time and enjoy di benefits.
The truth of the fact is that there is absolutely no right or wrong time to invest in Bitcoin, inasmuch as you intend to buy and hold for a very long time. Because you can't compare the advantage and privilege Bitcoin has to our Naira fiat currency, despite how Bitcoin may be claimed to be volatile, because it's volatility is one that always rise and increases spontaneously whenever it's market demand is high. While secondly, it also has a higher tendency of its price value surpassing the previous All Time High after each halving, which is why if you buy Bitcoin either within a bear or bull period, you are likely to see profit after next halving period. Far better than saving money in our Nigerian banks.
Bitcoin cannot be compared to anything, so far Bitcoin is the best investment as a long-term investment, and this trend is very likely to continue in the future, in the short term Bitcoin is a volatile currency, but in the long term, Bitcoin is a currency with very high potential, which has the potential to achieve greatness in the future, success can never be achieved by just saving money in the bank, rather if you save money, its value will only decrease in the long term, but if you invest in Bitcoin, its value tends to increase very high over time, which can bring huge success compared to anything else.
Although nothing is certain, but a real investor always believes in Bitcoin, and decides to hold it for the long term based on its potential, and they get very good results in the future as a result of this credibility, and I will always be in favor of investing in Bitcoin instead of saving money in the bank, because it can undoubtedly get better results than banks. And especially if we look at the acceptance of Bitcoin at the moment, almost every major company is buying Bitcoin in huge quantities, and countries are accepting Bitcoin, so it's very big in terms of the acceptance of Bitcoin, so it's going to be very big in the future.

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September 11, 2025, 03:43:14 PM
 #24

Yes bitcoin holding e dey good for di people wey dey interested. But we have to know dat di market e dey volatile, both from di bitcoin side and from di local exchange rate. Like, dis few days Naira e dey get gain against di dollar which na good thing but e go affect those wey get good number of bitcoin before because when dem go sell am the amount no go dey same when the price been dey high.
Invest in bitcoin at the right time and enjoy di benefits.
The truth of the fact is that there is absolutely no right or wrong time to invest in Bitcoin, inasmuch as you intend to buy and hold for a very long time. Because you can't compare the advantage and privilege Bitcoin has to our Naira fiat currency, despite how Bitcoin may be claimed to be volatile, because it's volatility is one that always rise and increases spontaneously whenever it's market demand is high. While secondly, it also has a higher tendency of its price value surpassing the previous All Time High after each halving, which is why if you buy Bitcoin either within a bear or bull period, you are likely to see profit after next halving period. Far better than saving money in our Nigerian banks.
I agree with you that there is no right time or wrong time to invest in Bitcoin, you can start at any time. This is called buying regardless of price. I have reviewed why buying Bitcoin is important for example if you keep the any amount of Naira in a bank for four years or five years, if it gives you the maximum amount of dividends, it may not be more than five to six percent of your capital. At same time, if you keep accumulating Bitcoin, holding it for a four-year cycle means that you have the potential to make several times the profit against the capital. The important thing is that instead of lump sum buying, you can accumulation Bitcoin through discretionary income, so you can have a large holding of Bitcoin as traditional assets grow. Another important thing is that buying every month will not have any negative impact on your personal finances.
TokenTikas
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September 11, 2025, 06:23:51 PM
 #25

Op I no actually no where to com from 4 this ur thread but wetin dey there be say to dey save our money for bank or Naira no gud bcos e dey depreciate values as economy dey grow. Who non know physical cash dey loose values like us way dey use naira to think say #100 today go be #100 as time dey go but no fit wonder y #100 today no fit buy wetin #100 dey buy years past.
Na how valueless e be to store ur money for banks.
So for this sake bitcoin to help keep the value of ur money secured way be say if u hold an for the long e go even grow pass the economy way em inflation dey beat naira value.
The situation in our country is such that we cannot understand where we are heading because the inflation is increasing so much that it is beyond words. At one time, we could buy a lot of things with #100 Naira but due to this inflation now we can't buy anything with that #100 Naira. The number of Naira is the same, only its value has decreased. Why does my head not work when I look at the situation in the country where other countries are moving towards a better situation after overcoming bad conditions but the opposite is happening in our country. They are more focused on how to increase inflation more.

We usually invest in bitcoin and try to protect the value of the economy by holding it and exceeding the value of the Naira but on the other hand, the people of our country do not consider it anything. We want to do something good but our country and the political system of the country are not allowing us to get out of this most difficult situation.
Lembo69
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September 11, 2025, 06:28:17 PM
 #26

Yes bitcoin holding e dey good for di people wey dey interested. But we have to know dat di market e dey volatile, both from di bitcoin side and from di local exchange rate. Like, dis few days Naira e dey get gain against di dollar which na good thing but e go affect those wey get good number of bitcoin before because when dem go sell am the amount no go dey same when the price been dey high.
Invest in bitcoin at the right time and enjoy di benefits.
The truth of the fact is that there is absolutely no right or wrong time to invest in Bitcoin, inasmuch as you intend to buy and hold for a very long time. Because you can't compare the advantage and privilege Bitcoin has to our Naira fiat currency, despite how Bitcoin may be claimed to be volatile, because it's volatility is one that always rise and increases spontaneously whenever it's market demand is high. While secondly, it also has a higher tendency of its price value surpassing the previous All Time High after each halving, which is why if you buy Bitcoin either within a bear or bull period, you are likely to see profit after next halving period. Far better than saving money in our Nigerian banks.
I agree with you that there is no right time or wrong time to invest in Bitcoin, you can start at any time. This is called buying regardless of price. I have reviewed why buying Bitcoin is important for example if you keep the any amount of Naira in a bank for four years or five years, if it gives you the maximum amount of dividends, it may not be more than five to six percent of your capital. At same time, if you keep accumulating Bitcoin, holding it for a four-year cycle means that you have the potential to make several times the profit against the capital. The important thing is that instead of lump sum buying, you can accumulation Bitcoin through discretionary income, so you can have a large holding of Bitcoin as traditional assets grow. Another important thing is that buying every month will not have any negative impact on your personal finances.

But why hold for 4-5 years? An investor should hold for at least 10 years so that he gets more profit from his invested money.
Another point of yours is that if you keep money in the bank, it gives 5-6 percent return, yes I agree.
That is why we should invest in Naira Bitcoin. Because the higher the price of Bitcoin, the more returns the investor will be able to get. An investor never wants to lose money. So holding will be the best for them. Whether the market price is low or high, it does not matter to a holder. So we should also have the ability to hold with our investment.
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September 12, 2025, 07:03:19 PM
 #27

Yes bitcoin holding e dey good for di people wey dey interested. But we have to know dat di market e dey volatile, both from di bitcoin side and from di local exchange rate. Like, dis few days Naira e dey get gain against di dollar which na good thing but e go affect those wey get good number of bitcoin before because when dem go sell am the amount no go dey same when the price been dey high.
Invest in bitcoin at the right time and enjoy di benefits.
The truth of the fact is that there is absolutely no right or wrong time to invest in Bitcoin, inasmuch as you intend to buy and hold for a very long time. Because you can't compare the advantage and privilege Bitcoin has to our Naira fiat currency, despite how Bitcoin may be claimed to be volatile, because it's volatility is one that always rise and increases spontaneously whenever it's market demand is high. While secondly, it also has a higher tendency of its price value surpassing the previous All Time High after each halving, which is why if you buy Bitcoin either within a bear or bull period, you are likely to see profit after next halving period. Far better than saving money in our Nigerian banks.
I agree with you that there is no right time or wrong time to invest in Bitcoin, you can start at any time. This is called buying regardless of price. I have reviewed why buying Bitcoin is important for example if you keep the any amount of Naira in a bank for four years or five years, if it gives you the maximum amount of dividends, it may not be more than five to six percent of your capital. At same time, if you keep accumulating Bitcoin, holding it for a four-year cycle means that you have the potential to make several times the profit against the capital. The important thing is that instead of lump sum buying, you can accumulation Bitcoin through discretionary income, so you can have a large holding of Bitcoin as traditional assets grow. Another important thing is that buying every month will not have any negative impact on your personal finances.

But why hold for 4-5 years? An investor should hold for at least 10 years so that he gets more profit from his invested money.
Another point of yours is that if you keep money in the bank, it gives 5-6 percent return, yes I agree.
That is why we should invest in Naira Bitcoin. Because the higher the price of Bitcoin, the more returns the investor will be able to get. An investor never wants to lose money. So holding will be the best for them. Whether the market price is low or high, it does not matter to a holder. So we should also have the ability to hold with our investment.

What do you mean by " we should invest in naira Bitcoin"? Is there anything like naira Bitcoin please if there is I would love you to explain to me more. Holding Bitcoin 4-5  years is just the minimum duration someone ( an investor) is suppose to hold Bitcoin and I believe holding for 4-5 years will give an investor a good return if actually they do what is required but you can hold more than this if you wish to but normal holding start from 4 years and anything below this will be seen or characterized as trading ( short term ), the reason why an investor is holding for long is not actually because they don't want to lose their money but because they want something good in return and you can only get this if you hold for long. Remember it is possible for you to lose your money even though you are holding for long term because no investment is guarantee.
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