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Author Topic: Choose Crypto Today And Choose Wealth.  (Read 807 times)
Miles2006
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October 30, 2024, 03:51:46 PM
Merited by Salahmu (3)
 #21

In a country filled with unemployment and bad governance,crypto stood to create wealth and job opportunities for the youths not minding your status.You don't have to be great to start your crypto journey ,you have to start to be great. The worst thing you will do to  your self is not trying to learn.
The pain you will feel today  putting effort to achieving crypto knowledge that will create wealth is the strength of your tomorrow.

I seriously understand your point, why not create a suitable business first before going for crypto because from what I understood bitcoin investment is considered as a job in your opinion, I wonder where you’re getting this impression from when you can see people who invest or trade bitcoin are mostly wealthy people let’s be realistic. Don’t know how yours is being done but you need money before anyone can invest mostly if talking about Nigerian youth in general, a lot of youth engage in so many crypto activity no doubt but still without money those mission can’t be accomplished.

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October 30, 2024, 06:54:55 PM
 #22

We cannot treat Bitcoin as an employment. I don't understand, how can you turn bitcoin into your own employment? If you are looking to trade then you need to know that in order to trade you must have a source of income from which you will receive the capital to trade. You can't even guarantee earnings from trades. I think your income is essential for your entry into Bitcoin. You can say bitcoin can give some extra profit or we can get good return by saving in bitcoin.

R


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October 30, 2024, 06:55:04 PM
 #23

In a country filled with unemployment and bad governance,crypto stood to create wealth and job opportunities for the youths not minding your status.You don't have to be great to start your crypto journey ,you have to start to be great. The worst thing you will do to  your self is not trying to learn.
The pain you will feel today  putting effort to achieving crypto knowledge that will create wealth is the strength of your tomorrow.

Don’t paint crypto investment as a get-rich-quick scheme. You need capital to start investing in crypto and even then you can’t be sure of making profit from the coins you buy. Bitcoin investment is usually slow in ROI, and you can lose all your money to shitcoins overnight.

 It is true that there are need a jobs where you can get paid in crypto, visit this thread: Cryptocurrency Job List

I think what OP is referring to by saying crypto stands to create job and wealth opportunity for the youths means like campaigns and signatures jobs in Bitcoin, before you start investing,after becoming a full member,because from there you will start making a weekly income for yourself, which in turn you can now save and start investing and trading that will make you financially stable, which has now began your journey to wealth,if properly managed and utilized.

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October 31, 2024, 10:28:45 AM
 #24

In a country filled with unemployment and bad governance,crypto stood to create wealth and job opportunities for the youths not minding your status.You don't have to be great to start your crypto journey ,you have to start to be great. The worst thing you will do to  your self is not trying to learn.
The pain you will feel today  putting effort to achieving crypto knowledge that will create wealth is the strength of your tomorrow.

While doing this, also remember that the government can wake up any moment and ban crypto completely in the country so unless you get plans to relocate out of the country, crypto for Nigeria no be wetin you go out mind completely and ignore other hustle.

Make crypto just be one of your hustle as you put body for other things too. Definitely one go pay you out of the different hustle wey you dey involve yourself. There are opportunities out on the internet, browse with the right intention and you'll find things that can create you wealth. Crypto should be for investing while you get wetin go they pay you.

Crypto dey too volatile to dey depend on only am unless you wan add am trading so you fit they benefit from the volatility of the market but no go do wetin you no know unless you go lose wetin no good.

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October 31, 2024, 11:28:27 AM
Merited by Jegileman (2)
 #25

I think what OP is referring to by saying crypto stands to create job and wealth opportunity for the youths means like campaigns and signatures jobs in Bitcoin, before you start investing,after becoming a full member,because from there you will start making a weekly income for yourself, which in turn you can now save and start investing and trading that will make you financially stable, which has now began your journey to wealth,if properly managed and utilized.

Yes. Signature campaigns and bounties are a way of creating jobs for the young people involved in the crypto space, who want to promote the crypto world and business and still make a living of it. With this, you cannot disagree with the fact that a platform like this isn't an employer of job, directly or indirectly. And I'm pretty sure there would probably be more of these platforms we don't know whom through them you could be employed. What some people may say, is that this bitcoin platform like others may not really be an everlasting platform to depend on.


While doing this, also remember that the government can wake up any moment and ban crypto completely in the country so unless you get plans to relocate out of the country, crypto for Nigeria no be wetin you go out mind completely and ignore other hustle.


I believe cryptocurrencies have come to stay forever in the world's financial evolution and the earlier countries like ours come to realize this and make some financial benefits from it the better. To be honest guys, I really thought the Tinubu's administration was going to embrace the bitcoin market as an emerging financial revenue source to support the existing physical revenue generation inputs we've gotten. If you analyze the massive number of users which the crypto have enjoyed, it will only be an advise to the government to hold firm decision about the new technology and craft out policies that will allow the practice of the decentralized technology while benefiting the government's financial system.

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October 31, 2024, 02:10:47 PM
 #26

In a country filled with unemployment and bad governance,crypto stood to create wealth and job opportunities for the youths not minding your status.You don't have to be great to start your crypto journey ,you have to start to be great. The worst thing you will do to  your self is not trying to learn.
The pain you will feel today  putting effort to achieving crypto knowledge that will create wealth is the strength of your tomorrow.
Bad governance still dey affect us all na, crypto no be panacea to our problems, neither is it an employment opportunity. Crypto na investment, similar to stocks, ETF's, bonds, etc, wey you go still need money or skills to acquire. If you look around your local community, how many people don chop, before dem go fit reason investment, na so the matter be oh, people wey dey advantaged due to crypto dey very few, and na because them either dey knowledgeable or dem get money to buy enough of it.

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October 31, 2024, 02:49:58 PM
 #27

In a country filled with unemployment and bad governance,crypto stood to create wealth and job opportunities for the youths not minding your status.You don't have to be great to start your crypto journey ,you have to start to be great. The worst thing you will do to  your self is not trying to learn.
The pain you will feel today  putting effort to achieving crypto knowledge that will create wealth is the strength of your tomorrow
The background of becoming a wealth I think you most have a way of success of incoming, because a person can stay at his home and be expecting something big he have to work for it. So in this case a lot of youths choose cryptocurrency today to survive their life, due to the how country becomes so had their lack of jobs the unemployment are so much; and because of bad governance they do not take find any solutions.

That’s why a lot of youths chooses to have crypto as there side hustle I know that it is not easy to become successful person in the crypto aspect, because it deserves enough attention and knowledge and that’s why before some people introduce themselves in to the crypto they try as much as possible to learn everything concerning the crypto aspects to accumulate much knowledge.

R


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October 31, 2024, 03:47:46 PM
 #28

We cannot treat Bitcoin as an employment. I don't understand, how can you turn bitcoin into your own employment? If you are looking to trade then you need to know that in order to trade you must have a source of income from which you will receive the capital to trade. You can't even guarantee earnings from trades. I think your income is essential for your entry into Bitcoin. You can say bitcoin can give some extra profit or we can get good return by saving in bitcoin.
You should consider Bitcoin as an investment, not as a trade. By investing in Bitcoin you can expect adequate returns if you prepare yourself for long-term investment. Bitcoin can be considered as employment only when you have enough money and get a huge pile from it through investment and accordingly you decide short term trading or long term holding as per your wish.











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October 31, 2024, 07:23:19 PM
 #29

We cannot treat Bitcoin as an employment. I don't understand, how can you turn bitcoin into your own employment? If you are looking to trade then you need to know that in order to trade you must have a source of income from which you will receive the capital to trade. You can't even guarantee earnings from trades. I think your income is essential for your entry into Bitcoin. You can say bitcoin can give some extra profit or we can get good return by saving in bitcoin.
You should consider Bitcoin as an investment, not as a trade. By investing in Bitcoin you can expect adequate returns if you prepare yourself for long-term investment. Bitcoin can be considered as employment only when you have enough money and get a huge pile from it through investment and accordingly you decide short term trading or long term holding as per your wish.

First off, to make wealth through Bitcoin, trading is not the best option but rather, investment purposes thereby buying and holding for long-term, Trading involves short-term goals and it's mostly operated with Altcoins with falls under the category of short-term goals. The major reason why it's advised not to trade with Bitcoin is because of the very high risk that's involves in it and someone going through that path to make more profits in Bitcoin could lose everything so buying and holding Bitcoin is a better form of profiting from it cause it also involves good methods that helps investors to recover their loses over time, which is not possible with Trading. With that being said, to minimise the high risk of losing all your Bitcoin it's best to priotise long-term holding over short-term Trading.

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October 31, 2024, 08:23:06 PM
 #30

In a country filled with unemployment and bad governance,crypto stood to create wealth and job opportunities for the youths not minding your status.You don't have to be great to start your crypto journey ,you have to start to be great. The worst thing you will do to  your self is not trying to learn.
The pain you will feel today  putting effort to achieving crypto knowledge that will create wealth is the strength of your tomorrow.

Cryptocurrency has actually create a means of wealth for a lot of people but it’s not a get rich quick scheme that everyone can delve into and become rich. Cryptocurrency has its own setback and will definitely be a very toxic one to a lot of people that don’t under the concept of why it was invented. Having crypto knowledge doesn’t mean you’ll get rich with it. There are a lot of things you need to know and to avoid in your crypto journey if you really want to be successful in it. Don’t advise people to come to crypto because they can get rich quickly, it’s not true and can lead you to make decisions that can’t be reversed back.











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Baki202
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October 31, 2024, 08:25:35 PM
 #31

We cannot treat Bitcoin as an employment. I don't understand, how can you turn bitcoin into your own employment? If you are looking to trade then you need to know that in order to trade you must have a source of income from which you will receive the capital to trade. You can't even guarantee earnings from trades. I think your income is essential for your entry into Bitcoin. You can say bitcoin can give some extra profit or we can get good return by saving in bitcoin.

A lot of people done know this matter already they just they do things deliberately because this matter no be today matter, them know waiting bitcoin they about, they know say na investment except if you they trade and even if you they trade he no mean say na employment because this na something wey be say you fit they make you no make anything from am, but when they say employment something have to come in once in a while, and bitcoin is just like a huge side hustle, but a hustle wey you have to be very careful of, because the hustle fit carry you go back your village. If you no be careful, because they get people wey they do crypto wey no they get anything from their.











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Nwada001
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October 31, 2024, 08:34:26 PM
 #32

We cannot treat Bitcoin as an employment. I don't understand, how can you turn bitcoin into your own employment? If you are looking to trade then you need to know that in order to trade you must have a source of income from which you will receive the capital to trade. You can't even guarantee earnings from trades. I think your income is essential for your entry into Bitcoin. You can say bitcoin can give some extra profit or we can get good return by saving in bitcoin.
Some people give so much credit to Bitcoin as if it holds the key to unlocking the gateway of wealth when what they need most is a good job that can guarantee them a monthly income. 
 
And even if the person is to go into day trading, you need to be debt-free in order for you to focus and make good trading decisions and not depend on what they will get on a daily basis from trading for survival. 
 
Even if it's holding, you need to have stable income, as the more financially stable you are, the longer you can hold crypto to realise a good profit.

 
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November 01, 2024, 04:28:15 PM
 #33

We cannot treat Bitcoin as an employment. I don't understand, how can you turn bitcoin into your own employment? If you are looking to trade then you need to know that in order to trade you must have a source of income from which you will receive the capital to trade. You can't even guarantee earnings from trades. I think your income is essential for your entry into Bitcoin. You can say bitcoin can give some extra profit or we can get good return by saving in bitcoin.
Some people give so much credit to Bitcoin as if it holds the key to unlocking the gateway of wealth when what they need most is a good job that can guarantee them a monthly income. 
 
And even if the person is to go into day trading, you need to be debt-free in order for you to focus and make good trading decisions and not depend on what they will get on a daily basis from trading for survival. 
 
Even if it's holding, you need to have stable income, as the more financially stable you are, the longer you can hold crypto to realise a good profit.
Sometimes, people fail to understand that you actually need a standard amount of capital - to start Bitcoin trading. It's an amount that you put in and not run back to withdraw in the next one or two weeks because of some financial crisis.

It's a journey you embark on when you've built a strong mind, so when the market dips, you won't faint. It's a journey you embark on when you have startup capital that you can invest for the long term. It's a journey you embark on when you want to do long-term investment.

Someone considering it at work might possibly be expecting monthly pay, but it doesn't work like that. You give it time; you trust the process. And when the profit comes you cash out big.

Until you are very good in the market, you are earning consistently and you've diversified, I wouldn't call it a full-time role for somebody.

This is something you do by the side while you are working to get monthly pay or earn more consistent pay. So, I think that's where people miss it. You can't be jobless, sitting down looking at the chart every day or looking at your coin balance every day.

People need to get it that this is a form of investment for long-term purpose, extra stream of income. So, when you get profit from it, you can reinvest into something else or back into Bitcoin. But it's not a project you take on and expect monthly or bi-weekly pay.

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November 02, 2024, 02:05:50 PM
 #34

In a country filled with unemployment and bad governance,crypto stood to create wealth and job opportunities for the youths not minding your status.You don't have to be great to start your crypto journey ,you have to start to be great. The worst thing you will do to  your self is not trying to learn.
The pain you will feel today  putting effort to achieving crypto knowledge that will create wealth is the strength of your tomorrow.

Bitcoin investment is not an employment of any kind, this means you literally referring to trading which we can not also categorize as  an employment also. Crypto knowledge is helpful and a good way to earn some money which can be used to satisfy certain needs but not good enough if we decide to solely rely on this profits, either by trading, investment or any other means.

Yeah. Normally, bitcoin investment and trading should not be the only source of income for an individual. That person is likely to be getting enough of what he needs sometimes, and sometimes emergence may come where there will not be funds to sort out some problems. So we can’t just rely on only crypto as a source of income, whether trading or investment.

However, the OP did not mention the main things that someone will do in cryptocurrency to make money because there are many ways in crypto that we will do to make money, but still on that, I won’t advise anyone to use crypto as their only source of income; there should be another means to get money and not only crypto. 

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Every crypto enthusiastic is expected to have a proper source of income, a jobless person who learns about Bitcoin without a financial stance will be unable to invest  because of low funds, same goes to traders without a good earning job, the user is busy causing more harm, eventually the little he has finishes then there will be non left, a quick call back to the trenches.

Exactly. But you know this is a bitter truth: most people will not understand that someone who is managing to meet up needs is not expected to be in trading; that person will go broke; trading is very risky. If someone doesn’t have money, he or she should not go near it. 

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November 02, 2024, 10:32:03 PM
 #35

In a country filled with unemployment and bad governance,crypto stood to create wealth and job opportunities for the youths not minding your status.You don't have to be great to start your crypto journey ,you have to start to be great. The worst thing you will do to  your self is not trying to learn.
The pain you will feel today  putting effort to achieving crypto knowledge that will create wealth is the strength of your tomorrow.

Yes, it's true that the invention of cryptocurrencies, and most especially Bitcoin has created a new revenue source for those who uses it for trade and p2p buying and selling of digital currencies into fiat. But Moreover, mere investing in Bitcoin can not guarantee a fortune in few weeks or months time, as it will always take long term for it's value to skyrocket, just as it did in the past 15yrs. So it's good people have basic knowledge about what Bitcoin investment is all about.

 
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MainIbem
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November 03, 2024, 01:47:34 PM
 #36

We cannot treat Bitcoin as an employment. I don't understand, how can you turn bitcoin into your own employment? If you are looking to trade then you need to know that in order to trade you must have a source of income from which you will receive the capital to trade. You can't even guarantee earnings from trades. I think your income is essential for your entry into Bitcoin. You can say bitcoin can give some extra profit or we can get good return by saving in bitcoin.

I don't really support trading with Bitcoin since it involves a very huge risk involved, therefore anyone who wishes to thread that path would be doing it at their own risk, the best to go about Bitcoin is by buying and hodling for a long-term then use good strategy like the DCA to continue investing and covering losses due to the volatile nature of Bitcoin but then I disagree with you when you said people can't use Bitcoin to tackle employment, of course it's possible and their are many people out there that are self employed with the help of Cryptocurrency (Bitcoin) take for instance those vendors on different exchanges via P2P asides that, their are others Cryptocurrency job opportunities like blockchain developer, project manager, technical writing, data analyst etc and even this forum which is a Bitcoin forum but serves provides employment opportunities through Sig Campaigns.

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November 05, 2024, 11:56:41 PM
 #37

We cannot treat Bitcoin as an employment. I don't understand, how can you turn bitcoin into your own employment?
Bitcoin isn't an employment or a Job. But it can be use as means of investment as per  the financial instrument eim be. You fit use am hedge your fiat against inflation or use am for transactions as means of payment and many other use case but definitely not some sort of job.

Also, you can get a job in any establishment be paid in bitcoin as a choice of payment or you can render some skill and request for bitcoin as payment where practicable. These are some of the ways to earn bitcoin but difinitely not a job in itself.


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Mayor of ogba
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November 06, 2024, 01:22:15 AM
 #38

In a country filled with unemployment and bad governance,crypto stood to create wealth and job opportunities for the youths not minding your status.You don't have to be great to start your crypto journey ,you have to start to be great. The worst thing you will do to  your self is not trying to learn.
The pain you will feel today  putting effort to achieving crypto knowledge that will create wealth is the strength of your tomorrow.

I agree with you that people should learn about bitcoin, but saying that bitcoin creates job opportunities for our youths is wrong. Bitcoin was created by Satoshi to help eliminate the middleman from scrutinizing our transactions and for us to have 100% access to our money and use it anytime we want without any government deciding when we can have access to our money. But if you keep your money in bitcoin, it will increase in the long run, which is one of the things that made people start investing in bitcoin for the long term, so that it will help them to gain financial freedom. Since bitcoin is a long-term investment, before you can succeed in it, you need to use the money you will not need for 4-10 years or more to invest in bitcoin so that you will not be in a hurry to sell your bitcoin, which will allow you to hold your bitcoin for a long time and stand a better chance of succeeding with your bitcoin investment. But if you are unemployed or you don't have a source of income, you will fail with bitcoin investment if you decide to invest in it because you will need to build up your emergency funds, which will allow you to solve your unforeseen problems and hold your bitcoin for a long time, but if you fail to build up your emergency funds, you will depend on bitcoin investment to survive when your unforeseen problems arise.

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Sticky Bomb
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November 08, 2024, 02:47:22 PM
 #39

In a country filled with unemployment and bad governance,crypto stood to create wealth and job opportunities for the youths not minding your status.You don't have to be great to start your crypto journey ,you have to start to be great. The worst thing you will do to  your self is not trying to learn.
The pain you will feel today  putting effort to achieving crypto knowledge that will create wealth is the strength of your tomorrow.

While doing this, also remember that the government can wake up any moment and ban crypto completely in the country so unless you get plans to relocate out of the country, crypto for Nigeria no be wetin you go out mind completely and ignore other hustle.

Make crypto just be one of your hustle as you put body for other things too. Definitely one go pay you out of the different hustle wey you dey involve yourself. There are opportunities out on the internet, browse with the right intention and you'll find things that can create you wealth. Crypto should be for investing while you get wetin go they pay you.

Crypto dey too volatile to dey depend on only am unless you wan add am trading so you fit they benefit from the volatility of the market but no go do wetin you no know unless you go lose wetin no good.
I believe say person fit even get skills and because of the love for crypto em fit find companies wey dey pay in cryptocurrency offer em services to them come dey collect pay for crypto, solid example na for this forum wey ranked members dey offer their time and engagement to companies wey need marketing of their brands and them dey collect pay for bitcoin or altcoin.

Skilled people fit get job on a remote-working note and still earn in crypto, but nothing goes for nothing, so if you no get wetin you go exchange for the crypto, e still no go reach you because crypto no be free natural resource.

I think this site can be of help so skilled people can earn in crypto https://cryptocurrencyjobs.co/jobs-that-pay-in-crypto/?__cf_chl_tk=GllIjR5_8v7.0pcAo154R0A3bD_gzKyAeYpQJBIZDhs-1731076505-1.0.1.1-T3Ij9sVZaUlbToI.SptKtXIUaQomOy5TD7EcCLfjsnQ

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Cryptoprincess101
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November 08, 2024, 03:05:24 PM
 #40

We cannot treat Bitcoin as an employment. I don't understand, how can you turn bitcoin into your own employment? If you are looking to trade then you need to know that in order to trade you must have a source of income from which you will receive the capital to trade. You can't even guarantee earnings from trades. I think your income is essential for your entry into Bitcoin. You can say bitcoin can give some extra profit or we can get good return by saving in bitcoin.

Anything we call job employment is supposed to be something that we are guaranteed of the income at the end of the day so we can't really treat Bitcoin as an employment opportunity since it takes longer time before profits are realized. If anyone should invest in Bitcoin, they should have a source of income that they will be using part of it to accumulate Bitcoin and HODL. Even for someone who makes money from trading Bitcoin, it is uncertain to always make profits from it all the time so we rather just invest and allow our portfolio to grow. Anyone who thinks Bitcoin is a job opportunity should rather think again and find other source of income they can consistently generate money from.

R


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