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Author Topic: Government no get power over ur BTC investment.  (Read 372 times)
Africolo
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March 16, 2025, 08:11:27 AM
Merited by Versatile_choice (3)
 #21

No doubt bitcoin investment is a good one and if you have the money it is good to accumulate bitcoin for the future because it is a good investment to make better profit. In Investment I don't think put all your eggs in one basket is the best, if you have the money to diversify to going into physical in investment such as Real Estate,  it is also a good investment plan, so that you don't need to expect profit from only one kind of investment which is only bitcoin. 
What if anything happens to your seed phrase and you only have bitcoin as investment, what else can you run to?  But also having a real estate investment is a back up.
Losses and profit are important but one puts smile on our face while the other one makes us sad, you choose the one to go with. What profit can do to us if we allow it to get into our head, it will make us more desperate to place our hands on projects that wouldn't serve any benefits for us in the end.

In the market, everyone target's differs and also concentrating areas. No doubt, Bitcoin is good investment and for a long term. This is the kind of investment we're planning and targeting to have in crypto and not some random projects that wouldn't serve any better for our ends. Bitcoin is a structural illustration about the prominent results of these crypto projects. We can become a whale in the market when our tp hits because we take early entry in Bitcoin before it rise to reach this phase. Bitcoin trading can become effective coming from our own perspective, we do what's best for us inother to stay alive and happy in the market.

Marykeller
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March 18, 2025, 08:48:54 AM
 #22

As government no get control over Bitcoin no be the only advantage wey we dey happy of as Nigerians cos there are other advantage wey Bitcoin get over other investment wey we should talk about, let other people know d kind advantage wey d stand to gain about Bitcoin over other investment, and why they should consider investing in it because it makes them have anonymous investment without their neighbor or family member know about am(know their financial worth), they can also transact Bitcoin in the comfort of their home without any third party involvement, and they can have access to their Bitcoin holdings in any part of the world they find themselves tomorrow

Zanab247
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March 18, 2025, 10:53:42 AM
 #23

Not that government don't want people to be investing in BTC in Nigeria, but for government to benefit from BTC to reduce the use of traditional institutions in the country is the major challenge to our government to accommodate to adopt BTC. Assuming Nigeria government is the one controlling BTC, dey would have use tax to make people to hate BTC investment because no one want to continue with investment that is not bring profits.

Like the way El Salvador government made BTC legal tender, if Nigeria government do the same to make BTC legal tender in Nigeria majority of Nigerian business men and women will like to start introducing BTC as a payment in  their businesses because dey no is profitable and it will bring development to the country.
Hardyrobust
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March 18, 2025, 05:51:09 PM
 #24

For bitcoin investment government no fit get influence over any investor investment,na wetin make plenty people like bitcoin investment since the investor get total control over the investment.so na only for the investor to dey careful with the wallet to take store the bitcoin to avoid story that touch .

AmaGold70
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March 18, 2025, 07:32:11 PM
 #25

Na True say government no get power over our Bitcoin investment and I think say na one of the reason wey dey behind the creation of crypto currency, as a decentralized currency government no get share from every transactions wey we make as Dem dey get from our traditional transactions. And another thing about Bitcoin be say government no go fit know about your worth but for our traditional savings e dey very easy to track how much wey you get for account and even your net worth.

Versatile_choice
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March 22, 2025, 12:28:27 AM
 #26

Na True say government no get power over our Bitcoin investment and I think say na one of the reason wey dey behind the creation of crypto currency, as a decentralized currency government no get share from every transactions wey we make as Dem dey get from our traditional transactions. And another thing about Bitcoin be say government no go fit know about your worth but for our traditional savings e dey very easy to track how much wey you get for account and even your net worth.

No be lie na true say there power no reach there and them no go ever have, I nava even sleep one day come they wish say make them get power on Bitcoin because na problem to everybody because them for they do am as them they do our budget because na them for they tell us how much we go invest on Bitcoin and when you done reach a place were your money done big small you will have to stop, so nothing the government no for do us if na something way they there hand.


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Pressurizedem
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April 01, 2025, 04:48:20 PM
 #27

This same reason say government no get power over BTC na why dem wan banam too.E dey pain them say them no dey get any share for the transactions that are being made.I hear say in some parts for the world,them no dey allow the use of Bitcoin,but people wey dey there still dey hide dey usam

Something about bitcoin be say,e no get as you want carry stoppam, because you no know wetin each person dey do for their different houses,weda them dey usam or not.

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Ever-young
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April 03, 2025, 11:31:02 PM
 #28

True talk government know get power over person BTC investment. Because na person use him energy and time they struggle to make him life better. If the government get the masses for mind, we for done they in a better position for life. But as the world they go global things they change, so even government suppose take time look their decisions concerning development so that he know go affect people way don put effort into things way go better their lives.

Even government them know say them no get right concerning person life over Bitcoin, because no be dem dey control and no be them even found am, so even if they put rules say make no body do anything concerning Bitcoin, people go still do am and Dey no send am including the rules as well, because na e Dey put foods for most people table and anything wey Dey put food for people table, them no Dey take am play or Joke about am, na e government go won put asunder, e no go even work and people go still Dey value till God knows when, because government no care if e citizens dey eat or not, dem no send us , so why we too go send am. Abeg make we dey hustle our hustle but no mean say we go over work or overstess ourselves and make we remember say life na one.

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Juicyhome
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April 10, 2025, 05:08:55 PM
 #29

This same reason say government no get power over BTC na why dem wan banam too.E dey pain them say them no dey get any share for the transactions that are being made.I hear say in some parts for the world,them no dey allow the use of Bitcoin,but people wey dey there still dey hide dey usam

Something about bitcoin be say,e no get as you want carry stoppam, because you no know wetin each person dey do for their different houses,weda them dey usam or not.
I think the yeye Nigeria government no ban bitcoin or cryptocurrency because they wants to control it, but they fear is bitcoin that's devaluing the naira. Very poor mentality, so the big question be day while other countries currency no dey fall like naira. This government wey no dey produce anything thy blame crypto for the naira fall. So unfortunately and useless.

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May 25, 2025, 06:58:04 AM
Merited by 1miau (1), Marykeller (1), Abbatty (1)
 #30

Losses and profit are important but one puts smile on our face while the other one makes us sad, you choose the one to go with. What profit can do to us if we allow it to get into our head, it will make us more desperate to place our hands on projects that wouldn't serve any benefits for us in the end.

While both losses and profits are rudimental aspect of bitcoin investment, no any prospective individual, trader or investor, would like to take a step in the wrong direction. I.e, making deliberate efforts to lose. Even when a trader or investor does that, it will still be with the subsequent intentions and steps to win bigger and gain more profits. I equally don't expect any crypto expert or mentor to advise you to lose your money or investments to bitcoin, I don't think that's the most cleaver way to handling your crypto career, neither is it the most convenient way of learning the hard way.

Quote
In the market, everyone target's differs and also concentrating areas. No doubt, Bitcoin is good investment and for a long term. This is the kind of investment we're planning and targeting to have in crypto and not some random projects that wouldn't serve any better for our ends. Bitcoin is a structural illustration about the prominent results of these crypto projects. We can become a whale in the market when our tp hits because we take early entry in Bitcoin before it rise to reach this phase. Bitcoin trading can become effective coming from our own perspective, we do what's best for us inother to stay alive and happy in the market.

In the end, we need to stay alive and happy in the market. Always being at the defensive and working hard to be at the safer side of things. Emotions play a pivotal role in the success of any investment and how we control our emotions goes a long way to shape our position in the market as well as our ability to hit the tp. Instead of working hard, we should adopt working smart in the market.
Roseline492
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May 26, 2025, 08:37:32 PM
 #31

This particular thing can make someone loss a lot of money they had use in investing on those lands, however it is of a great importance to do some study before acquisition of land especially in the city, precisely a property closed to the road side because I think every state government has a roadmap of places they map out to build contractions in the future, so whenever the time comes they just locate the place and set out there construction undermining weather the person who already lived there is willing to give up, so actually I blame the government somehow for this because it shouldn't be difficult for then to make it public that people shouldn't build on those areas to avoid future problem.

 
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Hardyrobust
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May 30, 2025, 11:08:40 PM
 #32

Na the sweet thing about bitcoin be that government no get control over bitcoin and that is the reason why most countries don't want to accept it since it can't be control by the government.bitcoin done prove it worth beyond which nobody suppose doubt it potential more especially in country like Nigeria were inflation is on daily increase, nvvesting in it go act as hedge against inflation.

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