Me dey always talk an any investment or anything wey no go double my money, count me out my hand no dey I no follow. Now wetting go double my money I dey do no matter the risk wey dey inside an.

Normally investing in bitcoin or saving your money for bank get there own advantages and disadvantages, which I go list them here, so that you go chose wisely if you go take the risk grow your money, or you go carry give bank make them use an grow thereself from that bitcoin wey you dey fear to put money.

Advantages of investing in bitcoin
1, bitcoin get high potential returns, if you put your in bitcoin, bitcoin dey deliver, because ehh don already prove ehh self to be store of value.
2, bitcoin dey operate for wetting oyibo call network wey dey discentralize, so if you put you money inside ehh dey secure, person no go fit touch an.
3, bitcoin get limited supply, them no dey supply bitcoin anyhow, now wetting dey make an maintain ehh value bit that.
4, many countries don adopt bitcoin as their means of payment and store of value, so if you put your money in bitcoin everywhere good.

Disadvantages
1, Bitcoin get high risk, the price dey fluctuate rapidly and unpredictable oh, so ehh fit give you high blood pressure if you mind no reach.
2, bitcoin price go fit drop within a short period of time, that is to say you go fit put like 100k ehh fit drop to 60k or 70k and ehh fit make your BP raise if your mind no reach.
3, for bitcoin now you go scure your money by yourself, so if you lost your wallet key seeds now buy buy be that oh and person fit still steal your bitcoin from your wallet if you no scure an well.

Saving your money for bank advantages
1, for bank you go fit go collect your money anytime wey you need an no wahala.
2, bank get low risk, if you put your money inside bank  high blood pressure no go see you catch.
3, if you save your money for bank you fit dey see small small money.
4, bank get people wey you go go catch if anything do you money.

Disadvantages
1, Bank get low return, nothing dey come out if you put your money for bank, for example if you put 100k for bank for 6 years now only 500 naira fit be your top up.
2, bank go charge you fees for services and maintenance, that small top up wey bank give you, bank go still collect an back, and bank go still collect from your money too, which you loose bank go gain from your money wey you put.
3, bank go dey use your money dey investment for that bitcoin wey you dey fear, dey get massive profits with your money.

Bitcoin investment doesn't necessarily mean you must sell at any given point and of course it's your investment and money you have the right to decide when to sell and when to buy, but the reality is, when and how did you project yourself? Do you project yourself for long term investment or short term investment, and if is for long term investment then you must learn to have patient over the period of your investment and not too easily gets attracted to the benefits you got from the market, most times the market could dump to nearly -30 percent or above and after some period the market usually bounces back to another price level.

We can take for instance; where we invested 6 to 10 years ago and hold till dates, have you imagined what could be of your profits by now? And of course those who invested them has been on a regret that if they knew they wouldn't had sold off their investments rather could have made a long time projection where they would had to hold for at least 5 to 10 years which their investments could had yield several profits for them.

When the economy of a country has fallen, the economic situation of the country is against the wish of the citizens, leading to so many anomalies in the country. Fallen economy can lead to economic instability causing hardship in the country, it can lead the citizens to engage into committing series of crime as a way out for survival.
So what can you say concerning this fallen economy, is it caused by the citizens or the government?

It has been so dramatic with how we define the duration for long time investment. Everyone have their own view of how they think their patient or investment plans can sustain them all the while.
Some foresee the least 4 years some foresees 8 years and above to be a long term plans but yet, some says either 4 to 8 years is not enough to be long term plans but 10 years and above.
I think this is a psychological matter where your emotions and your alternative source of income flows have to determine your goals and as well your time of holding before taking a sells decision.

So to you all, when is actually the timing limit for long term investment plans when invest on bitcoin?

Due to the high volatility of Bitcoin, the price of Bitcoin can fall or decrease significantly at any time. If new investors panic and sell in the hope of profit, they will lose. But if the investor can invest for the long term, then he will not have to accept such a situation and will be able to profit in the long term without any fear.

The amount of institutional investment in Bitcoin is gradually increasing. Some whale investors try to buy from the dip by spreading rumors in the market. For those who are short-term traders, that time can be bad.

Short-term traders always have to be under human pressure about the market to see when there is a big fall in the market. But those who are long-term traders can profit from Bitcoin without pressure.

One of my acquaintances owns a restaurant. From the earnings of his restaurant, he covers his family expenses every month and saves some money separately. One day, while we were discussing the good qualities of the food he makes, he suddenly mentioned that his restaurant generates a good amount of profit, and he also saves some of that money. He further said that every month he invests a portion of his savings in Bitcoin.

Since I had already invested in Bitcoin earlier, this caught my attention. He then explained to me the benefits of Bitcoin. During the discussion, he mentioned that if someone wanted to pay their food bill in Bitcoin, he would gladly accept it.

So, I paid my food bill in Bitcoin. The bill amount was small, but paying for food with Bitcoin gave me a wonderful feeling—something that’s hard to express in words.

Have any of you ever ordered food and paid with Bitcoin? If yes, how did it feel?

I saw that post on my Facebook feed and thought about it. It's true.
If we're still working in our current job, we're still luckier than those out there who are still struggling to find a job.

Don't waste it by thinking short-term about leaving your job before you can find a replacement. There will come a time when we can find something better than this.

So, hang on a little longer and enjoy what we have and be grateful for it.

note: I use grammarly to make it readable.

Struggle have been there since the creation of man, no matter how life seems easy at some point man must face challenges, Your ability to handle the situation makes someone an overcomer, we must all overcome the struggle by doing the right thing at the right time ,We must not allow life challenges bring down our morals.

If we are looking the age of 70-80 years, there won't be any more income flow, but rather, retirement benefits (if any). At this age, investment is no much a priority, cause age is far spent, and when it comes to investing in crypto currencies, Bitcoin is one and of which is best for the long term.

Also, such aged person, might not have the fluency is going through the market patterns on how to go around it, in terms of taking profits and buying at the deep.

The bottom line for this, should be for his/her children's benefits in life, cause for him, I don't think money is much important compared to family at this point. So, whatever he does related for money, is no more for him, but for his family.

IMO

I wouldn't want to create a very lengthy topic to post as I don't see any reason for doing so..
So I was thinking something tonight that everyone or anyone who succeeded or becoming wealthy today do they really succeed through investments?

If yes, then how many people around you becoming wealthy through investments?

In my opinion, the majority of people who were successful today started from personal skill or self development, after which before they started investments.

What Is your thoughts over this?

Learning from my friend about how resourceful of informations this platform could be, am passionate person who wants to explore and learn in the bitcoin world. Growing up as a young intellectual I always encounter news about crypto currencies. My consistent engagement on research led me to discover several crypto currencies and on the process I hear more about bitcoin.
I will be greatful if enlightened knowledges and information can be shared to help me achieve the goal here. Thanks and I hope to be welcomed my mentors.

Housing prices keep rising, but wages haven’t kept up. For many young people, owning a home is no longer a realistic goal -  it’s becoming a luxury.

What used to be a natural part of adult life has turned into a debt trap or simply a fantasy. More and more young people are realizing that buying property under current conditions makes little financial sense.

We're witnessing a shift: instead of saving for a home, people are turning to alternative assets, remote lifestyles, or simply accepting long-term renting.

Is this the beginning of a structural economic change - or just another bubble waiting to pop?

It is a report from Ethnologue.

You can see the report here: https://www.ethnologue.com/insights/ethnologue200/

It is the 14th most spoken language in the world right now.

The report is for all countries in the world. Hausa, Yoruba and Igbo and other languages are also there. Visit the above link to search if the language that you are speaking is there, but I think just English, Pidgin, Hausa, Yorùbá and Igbo are there that is related to us.

Education is not a scam and can never be a scam.
Everyone is now claiming that education is a scam because after graduation you either end up working as a salary earner or searching for a job.
It is very common in the rural area; students drop out because after school, they believed they will end up searching for jobs and therefore prefer going to farm or learn  trade through apprenticeship.

Firstly, why education is not a scam is that it is a means or foundation for skill acquisition, i.e., if formal education fails, the ability to write, read, think and learn helps one to grow in business, trade and self learning.

Secondly, knowledge is power: quality education helps you to think critically, solve problems, face life challenges and enables you to take better decisions.

Thirdly, if you look beyond a job, education gives you or improves confidence, communication, and the ability to make one become a well-informed citizen.

Lastly, education can open door of opportunities; if not for education, a poor man and a rich man kids can never be seen together learning. Education will put you in the same class. You can also learn from a new environment, like those who study abroad will understand this better.

It is a poverty mindset that makes one think one must be rich after school. School is designed for us to accumulate knowledge and be intellectually rich; therefore, if one wants to be financially rich, one needs to learn a trade or business or how to invest.

Furthermore, school can be disappointing, but real education, like formal and informal education, cannot be a scam.
What you do with what you learn determines your real life results.

I am sure if not for the education, this forum (Bitcointalk) could not be designed and developed by someone who is still illiterate.

Also, the founders of Bitcoin and people that bring the idea of other means of payment rather than local currency are not illiterate. Anything you are enjoying now (Website, Digital banking, Mobile app, and so on), someone that is knowledgeable did research and initiated it.

 The foreign land that you are comparing to Nigeria. As of 2025 America is 249 years old, while the U.K. as of 2025 is 318 years old. They have good resources. So if their students drop out, it can never be like ours. Nigeria is 111 years old since Great Britain discovered us, and after independence, Nigeria is 65 years old.  

A foreign country developed and grew, and as the age of their technology, ours did not develop as theirs. I am not trying to condemn my country but just want people to stop comparing Nigeria with the U.K., U.S., or China, etc.

Corruption has affected us negatively, and our resources are misplaced and not utilised very well.

My suggestion is to think of school as a foundation, not a finished line.
What do you think of this topic?

Your seed phrase is what that you can use to access your bitcoin on your wallet and to spend the coin. Many people are sending email that they should enter their seed phrase on a site. If they enter the seed phrase their, the bitcoin will be sent to another bitcoin address by the scammer.

Do not backup your seed phrase online because scammers can get to it online.

And I don't see anything wrong with knowing before investing, just that the funds are more important because without there is no way that, and when you have gathered these two things and add practical investment, then everything becomes more intentional because when it gets to the practical aspect that is like the final stage and from that you will even gain more experience and people also need to understand that no matter the amount of funds that is available to invest you still have to be patient.

And  those who have plans to invest should know that it's a profitable investment, and the moment the money is available, it's better to just invest the money than to just do things unnecessarily, and at the end of the day, the intention to invest is no longer there, so there is a need to  do the needful.

Do you notice that so many people are into content creation these days? Everyone is always filming something and posting it in hopes of gaining views, likes and followers. Once they have enough audience, they can start earning from their page and this is what is their biggest motivator. There are people who have day jobs that don't pay enough so they try their luck in content creation.

Now, I am seeing many more kids just get into it right away instead of trying to find other traditional jobs. The older generation do not even consider this a real job. But do you think, as lucrative the industry is, will it survive? Will it continue to be a good source of income? If you are struggling financially, have you ever considered content creation? Does content creation offer anything to the economy?