Bro, I respect what you just said. The people that criticise the most are the ones that don't have anything to stand for. But it's all part of the journey That's why for me I just believe the best way to avoid all this laughter, doubts, and criticism is to just avoid telling anyone what you are doing, especially when it comes to your Bitcoin investment Because some people are just there to bring you down no matter how ,they are like parasites but we call them village people.
 That Is why the quickest way is the longest road and the longest road is the quickest way everyone has their paths and purpose in life don't let one single mistake ruin what you have been doing for years (your investment). just do your own research and trust your own judgement.

Yes bro I agree with you. There are a lot of pressures for we new investors Like most times I look at my portfolio and wonder if I should just sell because there are some expenses on ground that I got to pay for. But instead I just use half of my savings and keep the rest as it's helped me alto.That is why for me I just like prioritizing on stabilizing my emotions especially when I am using the DCA strategy when investing which is real good. Market is very volatile, which most times can cause panic especially as Nigeria economy just dey make person won give up. For me my best advice to my fellow Newbie is to just focus on your investment. When you feel like giving up ask yourself what's the purpose of your investment and remember that every step we take in investing is a step to success .

To put it short, Bitcoin is decentralized no government or authorities are in control of it unlike fiat currency. In Bitcoin you can either invest in long term goals or short term gains. Don't wait for the right time because there is no right time in investing in Bitcoin Learn to apply the DCA strategy dollar cost average.dont forget Bitcoin isn't a get rich scheme. Do not practice FOMO fear of missing out while others got rich because it can lead you down the drain. You have to take your time to study and build your investment psychology. Have patience build your emotion, be ready for risk and losses. Don't play with your seed phrase or your private key. Be alert for scammers they are everywhere. Don't trust anyone As the main goal in crypto is to stay safe.

You are right , In this case, what the person actually needs is an advisor or a therapist because gambling can actually destroy a person's lifestyle, causing them emotional issues and Losing a lot of money can make them run mad, especially in this economy of no jobs still the most harmful part of gambling is borrowing money to gamble and not being able to pay back after loosing it, which will now become a debt causing them to overthink and stress.

Yes, some altcoins are just designed to fail and because of that there is no possible utility in them. But still I won't say that all altcoins are worthless that isn't right. Bitcoin stand's top over all other coins because of the utility it offer  us ,but still don't forget that there are other altcoin projects like Ethereum, which was not created to be another currency but as a decentralized computer .
When you research deeper ,you will find out that those altcoins that fail are most likely to be aspirations for certain projects that are supposed to be better than Bitcoin but most of them end up becoming scams or failures. The main issue is that some people do not understand the difference between a project that has innovation, purpose and a token without any value. What people should prioritize is to learn the key difference between both. Furthermore Bitcoin is the safest and most important cryptocurrency, but for altcoins not all are safe, many are failures still There are few that has real purpose and value.

Greetings fellow Nigerians so After doing some research on the forum, I wanted to write on this topic to remind you all that security and privacy are very important in the crypto space.
When it comes to the security of our personal information, like our seed phrase and our private key, we should also ensure the safety of our BitcoinTalk account because the issues of scams and hackers are still rising every day. While the forum may have good security and privacy ensuring and considering our own personal security of our account will also help us stay safe because there's nothing that this scammers and hackers can't do. That is why expecting the unexpected is one way of staying aware and prepared for anything.
Furthermore ,when considering the safety of our BitcoinTalk account we should not forget the password to our account. Because it will really be a big issue especially for our senior members in the forums that have a good reputation considering that they may have linked their accounts to projects, airdrops, or other services. And losing the access to their forum account will definitely affect their ability to manage or verify their participation in certain projects. That is why to recover our BitcoinTalk password is not easy because you must have the required information which involves having a valid email. Because if you don't have access to the email address that was used to create your BitcoinTalk account, you won't be able to recover your account.
Lastly, the idea of saving your BitcoinTalk password in your Google password manager is wrong. That just means you are exposing your account to a hack or scam.
My purpose of this topic for our Nigeria board is to remind all of us who did not use a valid email and who don't remember their email password to take this chance to change it now. And if you know the email password but you don't remember your BitcoinTalk password, this is still a chance to change it. We should try our best to use better password that can reach like 8 digits or more, that only you know not your name or something you like ,so that a person won't be able to guess it.it should be something that no one else knows that you can remember easily.
Thanks for your time.and stay safe and secured.

This topic has been moved to Nigeria (Naija).

https://bitcointalk.org/index.php?topic=5556033.0

Greetings my fellow Nigeria folks.
So the idea of doing it later or waiting for the right time which are all considered procrastination, has become a bad habit for some Bitcoin investors especially the newbies. And If not stopped it can cause a huge setback in their investment. This is because procrastination can make an investor miss out on opportunities when a stock's value is rising, all based on their idea of waiting for the right time to buy.
As a matter of fact, most of them do this to try to avoid risk, which is impossible. Instead of that they can actually apply the DCA dollar cost averaging strategy to help minimize risk in their investment. This is also one of the best ways to avoid procrastination and can even prevent you from trying to time the market. That is why when investing the longer you wait, the less time your money has to grow. most times procrastinating might be caused by panic or emotional issues that makes some Bitcoin investors hesitate when they are supposed to invest Because of that many of them even make wrong choices when investing. For example selling everything in a market downturn or even buying into speculation without doing proper analysis of their investment.

Overcoming Procrastination in Investing :

The first step in killing this mindset is to have an advisor, a mentor, or even a partner who is well experienced when it comes to Bitcoin investment so you can stay motivated to invest at the right time .Most times investors forget why they are investing That is why it's good to remind yourself why you are investing and what the purpose of your hard work that is something that an investor should set for their long term goal, which will help them stay disciplined and also give them the courage to take action.
Secondly, DYOR do your own research and try to convince yourself by taking action. You must also give yourself time to create a financial calendar for investment purposes, especially if you think you don't have time to regularly check your portfolio or research new investment opportunities. That is why investors must always have a plan because it is essential to start small if you still have that procrastinating mindset.
My advice is this always remember that the most valuable investment you can ever make as a Bitcoiner is the one you make in yourself. By educating yourself, creating a good plan, and always taking action with that you can overcome every procrastinating mindset.
Thanks for your time folks.

 When investing in Bitcoin, you don't only need knowledge you need continuous learning because the word Bitcoin might not change but there are some significant changes Bitcoin undergo that we have to be aware of through continuously learning and staying up to date with the market and every other aspect of Bitcoin ,so that we can be able to analyse the market with a well thought out strategy to manage our risk.
 Yes Bitcoin is all about patience, knowledge, security, and discipline, but what really matters is your seriousness in acquiring them so you can be able achieve you goal in Bitcoin. If there is no seriousness, compassion, or the potential to thrive in Bitcoin, an investor can't acquire any of the formula you have proposed.

It's good to plan things ahead instead of waiting for something to happen. That's why the greatest mistake is the one you're not prepared for. First it's not bad to share your passphrase with your family but it must not be with all your family members. At least you should have one person that you trust. By that you create a clear plan with him or her to know exactly what they should do with the passphrase incase of emergency purpose. Even if the person doesn't know what a passphrase is just tell him or her to keep it in a fireproof safe or a vault because the goal is to protect it from physical damage or any unauthorised access of the passphrase.

   What you've said is true. seeing successful crypto traders and investors and most times think that they are lucky. Yes they are but watin dem pass through if they tell you for here now even you go tell them sorry , the thing be say if you never build your crypto psychology of investment and trading first you go dey fear second you go dey panic .because of market volatility which is something you must overcome That is why hard work comes before gain and nor be everybody dey get luck for crypto.
 Most times, I see traders as hunters. First of all, they time the market and wait for the right time to strike. It's something that every trader must have, patience and discipline to wait for the right time to take a bold move, not rushing in to trade like you are rushing into battle to get quick victory It's not possible you will only lose that battle along with several men .which means you lost Both the trade along with your funds.

   It's true bitcoin is really a good choice for investment. That is why it's very important to diversify your investment rather than putting them in a single asset can serve as a very important strategy for risk management .
 Yes I must agree with you that continuously investing is really a good choice. But note that every investor views bitcoin investment differently. For most persons it's a way of making profit, which is the main goal. But still there are some investors that view it as a passion, a hobby with that kind of mindset you can invest in bitcoin continuously With no panic. You see one thing about this bitcoin investment is that it's all about learning. And once something becomes a hobby to you in every way and anyway you will be motivated, to always finding new things to learn about it.

  It's wise to always consider that in this crypto space, the best advice is the one you give to yourself because most of these influencers are most likely to be scammers. If I may say based on their popularity, they might even aggressively introduce and as well promote a brand new low cap coin with an unrealistic promise That is where most newbies fall for this trap because they are looking for quick gains, and once that happens,they will end up in a pump and dump.
 Most of the influencers may not be scammers yes, but it's advisable to always do your own research and trust your own judgment.

Things like this happen in every state in Nigeria. It's something that even the police shouldn't be shocked about because every political party always gets their hands dirty to win elections. But in this case it's good that they caught this man before he started bribing people for votes. If truly the Kaduna police are serious about getting to the bottom of this issue then they should do more investigation to know who the true criminal is because to me, Shehu Aliyu is just another victim these politicians use for their dirty works. Furthermore I agree to the law that he must be punished for agreeing to cooperate with whoever told him to do such a thing because it was his choice

Risk can't be eliminated from most things, especially when it comes to cryptocurrency. But one thing is certain and that is learning from your your risk. It's not a compulsory stuff so you can either avoid taking risk or try minimizing it. That is why before taking any risk you must have the right knowledge. If not you might take a risk that will make you start having psychological issues, especially in trading. So Risk is not good nor bad it determine what and where you are taking the risk.

Your question is really good. To put it simple our Nigeria government has their own personal business with Bitcoin. And I'm sure if dey do confiscate some Bitcoin from criminals they won't say because they know that they can actually use it for their own purposes.
However, the government finds it difficult to control Bitcoin technology because it is not under any centralised authority which leaves them in the dark. Given that they lack clear laws to deal with it and also lack the advanced skills and technology to track down and confiscate these criminals. because of that it has become a challenge for them So for me the probability of finding these criminals is very low.

     Na true you talk bro ,The problem we have in this country is that government waste a lot of funds on useless projects and forgetting the ones that can really impact the country. No offense though but Nigeria has a lot of smart and talented people yes even smarter than the white people. But still we are limited by the resources we are given. even now there are people that went to school to study computer engineering, civil engineer, and other talented courses in school and graduate with first class. But still they can't find a job to apply their knowledge to .

 Yes, talented people from Nigeria dey go abroad. I agree with you  but those are the ones that are either from first class family (way money dey )or some middle class family (way money dey but not like that) But who never see food Chop Nia won dey think about skills No na first of all you go see discouragement from every angle because some parents and friends nor really dey support person Na so e just be.

This is very nice. Let me add some other terms in bitcoin talk to my best understanding.

Blockchain a digital decentralised ledger where all transactions are recorded.
Satoshi is known as the smallest unit of a Bitcoin in other words, it was named after the original creator Satoshi Nakamoto.
Halving as the name says, it's an event that occurs every 4 years and it reduces the block rewards by 50%; this event increases scarcity.
Altcoin there are other cryptocurrencies other than Bitcoin, like Ethereum, Litecoin, and Ripple.
ATH (All Time High) This means the highest price a cryptocurrency has ever reached in a trading history.
Bear Market this is a period in the cryptocurrency market when prices are going downwards.
Bull Market it's also a period in the cryptocurrency market when prices significantly rise /upwards
Wallet Address these are numerical numbers they serve as a destination for receiving cryptocurrency.
Private Key as the name says it is a mixture of both  numbers letters which are personal information that gives you control of your cryptocurrency And also used for transaction authorization the private key must be kept in a secure place so it won't get missing.
Fiat Currency these are currencies that are controlled by the government like USD and naira.
Hard fork change in protocol of a blockchain that results in a split in the blockchain whereby there is a new protocol.
Soft fork is a change in the blockchain protocol that is still backwards compatible in other words it means the old rules still consider the new ones valid under them.
Multi Signature this is a kind of signature that requires two or maybe more private keys to confirm a transaction.

   Jess that's really tuff, If your boss is the only one that has seen his seed phrase then how did the neighbours get their hands on it, For me I think that maybe your boss saved it on his phone and while your neighbours was helping your boss out, he copied it unknown to your boss .You might have the wallet address it was sent to, but the blockchain is anonymous it won't say who or whom the money was transferred to. My Best advice is to confront the neighbour.
 If your boss had knew he would have just done some online research about how to use a wallet rather than seeking help for a neighbour and one thing about cryptocurrency once it's gone, it's gone. If it was a traditional banking system, there would have been a chance to recover it but it's not we are talking about cryptocurrency .

Unlike traditional banks bitcoin has give us total control over our assets which means that what so ever happens concerning our wallet or your private key there will be no one to call that is why it's really good to prioritise the safety and security of our seed phrase .
https://www.bitpay.com/blog/how-to-store-crypto-seed-phrase