We don't even need to ask why Dangote is not using or investing on Bitcoin because is simple that he doesn't want to invest on Bitcoin, however how could you expect a businessman to go and advice the nation why they need to have a Bitcoin reserve, he could obviously be putting his business at risk considering the hatred the government has for it, so even if i was in the place of Dangote I will keep my interest on Bitcoin very private because if you create an awareness that would influence the government ethics they will bring your business down before you could even think of that.

If you just want make name to enter history books as the first person ever to pay pride prize in Bitcoin, no wahala, I no go talk you out of it. But remember say when you go down this path, you go breach your privacy and also the message wey you go send to people be say you get enough Bitcoin. With the insecurity issues wey dey awa country, you fit end up making yourself potential target for robbery. So this action of yours fit make you famous and at the same time bring you misery and regrets.

The western countries that are holding Nigeria by the Jugular and intentionally keeping the country in poverty so that we can keep depending on them for aids will not like Nigeria to do this. The caliber of leaders will have not will intentionally frustrate talks of accepting bitcoin for anything in Nigeria. Most of them are not forward thinking. Before we should think about Nigeria having a reserve of bitcoin it should be in about 20 years time after countries like America, has gone far ahead in doing so. At the moment let the country first deal with its security issuses that are everywhere before they even think of anything reserve of bitcoin.

The worst thing that could happen to anyone is losing a huge fund, getting involved with cryptocurrency requires a lot of emotional intelligence to be able to make informed decisions in term of losses. There are a lot of wolves in sheep's clothing waiting to take advantage of unsuspecting traders and we all must be careful out there. It's quite unfortunate that he had to take his own life which obviously wasn't the best way to handle the loss. Crypto is definitely not for people who can't handle losses, it's just very devastating to hear that someone lost their hard earned money and losing their lives too. People should stop putting all of their funds in meme coins or any other shit coins, even in Bitcoin that has been recognized all over the world we still use safe strategy to invest, talk more of other coins that has no meaningful history.

I don't think emergency funds are that necessary when someone has stable sources of income. For example, when someone is a wage earner or salary earner, their income can simply serve as emergency funds if they plan well.The reason why I feel someone needs emergency funds is when they don't have stable sources of income. These are the people who need emergency funds in case anything comes up in the future. This way, they won’t need to dip into their investment funds.However, as long as someone has stable sources of income, those incomes can serve as emergency funds. The only thing is that if someone wants to enjoy Bitcoin investment, they should use the DCA (Dollar Cost Averaging) method and avoid buying all at once.

It is better to see Shitcoin as Shitcoin, it does not matter who invented it or who is promoting it. If you want to put your money at high risk and gamble with your money, then you can buy that coin. But I would never advise you to buy Shitcoin. Because the possibility of long-term returns is very low. If you value your money, then you should buy Bitcoin, there is a much greater possibility of profit in the long term.

It's more reason why I keep trying to advice people here on the forum that being a member of BitcoinTalk and having grown your account is a huge advantage compared to anyone else out there trying to learn crypto. You learn at the same time manage to use your knowledge to earn. Without knowledge you won't grow that's how I know that accounts here on the forum whom have ranked up are people with knowledge of the crypto space. I like the quote from cz as it actually portrays a lot. Learn before your earn. Some people just jump into the crypto space because of how they overheard someone making good amount of money. They didn't bother asking what was his first approach to this before he had made it.

I would just like to share few points which newbie should always remember and to avoid indulging in these things as mentioned below.

1. Avoid burst posting:
I have seen users making continuous posts without any time gap just to complete their weekly Target for bounty campaigns or even signature campaigns, this can get you flagged and there are chances you will be removed from campaign and be in the spammers list thus eradicating your chances of being a part of further campaigns.

2. Trading of merits:
Most of us will receive a random DM by users offering exchange saying they will share a merit to your account from their alternative account and ask you to share merit on their account. Never indulge in this activity as moderators can easily identify it and your account may be blacklisted and sometimes newbie are cheated on this context as there are group who will ask you to pay for merit and end up running away with your money once you pay it.

**Correction** "burst posting"

Apologies

The rule are self explanatory so I don't know why you are finding it difficult to comprehend, is just simple when your account is banned all your account that tied to you aren't exempted so they are also ban from the forum even though they don't commit any offense they are automatically ban. Then if you are ban for any reason you are not permitted to go make any other account in this forum if found it would be also be ban automatically for rule violation. So if you own 10 accounts make sure you don't violate any rules with any of them because if 1 account among the 10 is ban is also affects the remaining 9 so treat all with equal rights otherwise your accounts will be ban as well.

Having multiple accounts and account sales are allowed, but account sales are discouraged.

My first question is what are the restrictions to selling an accounts???

Does this mean that if I have always had two accounts and for any mistake whatsoever like plagiarism. And one of my account is banned, am I not allowed to own any other active accounts??? Let's not forget that it is not illegal or against the rules to own multiple accounts. Are these rules contradicting themselves or are there other hidden criteria to such effects???


Does this mean all other of my old accounts remains relevant and active despite my initial ban on my other accounts???

As ridiculous as it may sound, the truth is that I want to fulfill a dream of building a house with Bitcoin.
My parents took care of me from childhood and they taught me education and they are still trying to teach me education. Father is very old and it is not possible for him to work as he used to, so I myself feel that I should do something. At the moment, if I could somehow earn to help my family or pay for my education, then maybe the pressure on my father would be reduced a lot. I joined Bitcoin to fulfill my dream.

My mother has a dream to build a house, maybe in the future I will have to help her fulfill her dream because my father is spending the money he earns on my education and running the family so at the moment he cannot afford to build a house. I have already gained enough knowledge about trading by being involved with Bitcoin, firstly I want to start my Bitcoin journey through trading, after making some money from trading I plan to invest in Bitcoin for four years. These four years I will hold my investment and also save the money earned from trading or signature campaign for four years so that after four years I can start building the house. 

You must pray for me so that I can fulfill my mother's dream.

Congratulations you did the right thing, we all wish that there will be more people who would realize the value of Bitcoin as a store of value in times of constant devaluation of their local currency and inflation, but people prefer to have second thoughts because of the bad news they are receiving from mainstream media.

Merited you for your new journey I'm sure it will be a fruitful journey because you have chosen the right path to financial freedom and accepting this new innovation in online payment.

It is very common sometimes when we trade on exchange p2p payment delays,  these delay can be from the buyer's bank or seller bank's.  Many people have lose their money due to this delay of bank network thinking that the problem of the delay is from the network of bank which they will later get their money when the network of their bank becomes good and they go ahead to release the payment because of  evidence of payment that the other trader have sent to show as proof.

I had trade to sell bitcoin in an exchange and I was matched with a buyer, so after he did the bank transaction I was waiting to get bank alert and the amount of money in my account Balance.  We both complained to the exchange customer service to help how to go about the issue and the buyer was asked to submit his statement of account which he did,  he brought evidence of payment that made it looks as if the delay of payment that have not reached me was from me. With every I was still not ready to release the payment it reflect in my account,  this issue last about more than 30 hrs abd and the following day I sent him a message to contact his bank the delay which he said he did.

It wasn't up to 10 minutes after he contacted his bank I received the payment in my account.  If I had release the payment because of the pressure of customer service in the exchange,  the money wouldn't have gotten to me, which the buyer will be nowhere to find to make complains to his bank . Beginners should never make mistakes to release no matter how long it takes for them to receive payment.  Hold on till everything is settled from both sides.