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Showing 20 of 67 results by Finebone
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Board Nigeria (Naija)
Re: Reason I prefer saving my money in exchange to Bank
by
Finebone
on 21/07/2025, 11:29:03 UTC

It's true that saving your mind money in the bank comes with it own flaws like depreciation of the naira and most times network issues, but you will be making a bigger mistake saving your money in an exchange because the crypto exchange is exposed to hacked, any day anytime, unlike banks that are more secure, so if anything happens to the exchange just know that your assets are gone, if you have heard about this statement, not your key, not your coin, you will understand perfectly well what am talking about.
So due to security reasons, I will prefer saving my money in the banks over crypto exchange any day anytime.
The best way to protect your Bitcoin and other crypto asset is to store it in a self custodian wallet where only you have access to it.
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Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Finebone
on 21/07/2025, 11:09:02 UTC
This shows that the long-term holders have built up their confidence in keeping it for long; it will also serve as a lesson to any short-term Bitcoin holders, although these long-term holders have always believed that the growth of Bitcoin in the future would be massive and be appreciated and also look up to the market cycle of its constant supply of 21m BTC. Moreover, as long as these holders keep holding BTC, it will also trigger the market price or increase the price, and it's going to be the happiest moment for the holders and the crypto enthusiasm
.
Fortunately, we have been witnessing a very exponential adoption growth as well as sharp demand rise of Bitcoin investors. This will trigger Suppoy adn Demand effects and force Bitcoin to the Moon price.
The truth is that Bitcoin will keep on appreciating due to so many factors, which are it limited supply, and in economics, we all know that the greater the demands, the higher the value of the commodity, that's why I am positive that Bitcoin will keeps on appreciating because it demands are souring higher as times passes by.
Then talking about it low adoption rate presently when compared to world population, their is a higher probability that it value will keeps on rising as more investors are coming into it.
Bitcoin has proven to be reliable overtime that no matter how dip it went, it can always recover, so it's an investment opportunity we shouldn't take for a joke.
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Topic
Board Nigeria (Naija)
Re: Balancing Financial security and Bitcoin Accumulation
by
Finebone
on 19/07/2025, 15:59:22 UTC
When can we say aggressive buying? When we invest with our full or some less amount of our discretionary income, then we can call him an aggressive investor. But always buying so aggressively is not right at all. If you always buy aggressively, then you can put your saved Bitcoin at risk. For a new person, investing 5% to 25% of his discretionary income will be the right decision and it is very good to maintain the continuity of investment. For example, if you invest with your full amount, then if you face any kind of financial crisis, then your only option is an emergency fund. And if you invest 5% to 25% of your discretionary income, then you will have some money left and if you face any kind of financial crisis, then you can deal with that crisis with it.
When talking about buying Bitcoin aggressively, it's not a terrible idea entirely, as long as you are buying it from your discretionary income, then you shouldn't be bothered,  just that some folks over do it to the extent that it start having a negative effect in their abilities to take care of other basic needs, aside that, it is good.
Additionally, when buying aggressively like that, you should make sure that your emergency and reserve funds are huge and are in good shape, so that you wouldn't run into trouble financial in the nearest future.
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Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Finebone
on 19/07/2025, 15:35:21 UTC
I know that discretionary income is the leftover money after you have paid for monthly expenses, and you are allowed to use your discretionary income the way it pleases you. I still believe using your discretionary income to live a lavish lifestyle will drive you to sell your bitcoin too early. For example, you can go to a club and mistakenly spend way more than your discretionary income, and if you don't have any other money elsewhere that you could use to complete the money in your hand and pay for the extra expenses you incur in a club in the process of living a lavish lifestyle with your discretionary income, it can drive you to sell your bitcoin too early to pay for your bill in a club so that you could go home and rest.
As an investor, it is very important to have knowledge of money management, to know what you want, how much should be spent, and the amount of money that needs to go for investment. If you pursue a lifestyle that you cannot afford, you may end up being unable to make any investments.
Most Bitcoin investors don't know how  important good money management skills is when it comes to Bitcoin investment, they thought that it's only the poor that needs it, but they don't know that it's really important for an investor to be good in managing his money, either the rich or the poor, because a good money management skills is what's defines a Bitcoin investor, if he is going to be successful on the longer run or not.
Just imagine that an investor start investing which money meant for his basic needs or he invest without putting and emergency and reserve funds in place, just in case of emergencies, he is doom to fail, so a good management skills is highly needed if an investor want to be successful in his investment.
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Topic
Board Nigeria (Naija)
Re: Be careful while entering a public transport one chance people are everywhere
by
Finebone
on 19/07/2025, 15:18:04 UTC
Personally, I don't think that it's how careful you that you are protected, you are protected by the grace of God, because I have seen someone that did not go anywhere at all, but the death he is afraid of our there, came and visited him at home. So in my own opinion, it's only the mercy of God that we are safe.
Look at how insecurity has taken over most part of the country, do o you think that those dieing in most northern part of the country are not careful enough?
It only by the mercies of God that we are safe, because except the lord watches over a city,, the watcher man watches in vain.
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Board Nigeria (Naija)
Re: [Request] Report Unmerited Good Posts Here. OPEN
by
Finebone
on 19/07/2025, 06:16:16 UTC
1. Link to post: https://bitcointalk.org/index.php?topic=5550159.msg65588867#msg65588867
Sub board: main board
Description: reply
User: finebone

2. Link to post: https://bitcointalk.org/index.php?topic=5548519.msg65562854#msg65562854
Sub board: main board
Description: reply
User: finebone

3. Link to post: https://bitcointalk.org/index.php?topic=5548310.msg65535332#msg65535332
Sub board: main board
Description: reply
User: finebone

4. Link to post: https://bitcointalk.org/index.php?topic=5508643.msg65532074#msg65532074
Sub board: main board
Description: reply
User: finebone

5. Link to post: https://bitcointalk.org/index.php?topic=5471940.msg65509302#msg65509302
Sub board: main board
Description: reply
User: fine bone
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Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Finebone
on 18/07/2025, 10:00:17 UTC
That is a solid long term perspective. Selling should definitely be tied to your personal strategy, not just price milestones...... Seven figures might sound tempting, but without a clear exit plan, it is  easy to fumble the opportunity. I like the idea of taking small profits while reinvesting to stay in the game also a  smart way to balance growth and security....
Taking small profit when you have not gotten to that over accumulation stage yet is actually not proper, that is the idea of a trader, a real supporter of Bitcoin is only interested in taking profit from his investment when he has gotten to the end of his accumulation stage, which is the over accumulation stage.
Selling part of your Bitcoin with the intention of reinvesting it later is pointless honestly, you can afford to do that when you have gotten to that over accumulation status, not when you are still far behind or no where near your over accumulation status.
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Topic
Board Tokens (Altcoins)
Re: [ANN] CHAMBY: serious memcoin on TON
by
Finebone
on 18/07/2025, 09:50:36 UTC
This is a big step in the right direction because am quite positive and convince with all that I have seen so far about chamby token, that it has a bright future. I even tried to buy it with the $50 I had in my  bybit exchange last week but I didn't see it among the coin in the exchange, so I was just confused then, it was later I discovered that it wasn't listed on bybit when I had done more research. So am quite certain that once I get an exchange that is user friendly, that trades chamby token, that's when  my accumulation journey will start.

It has been repeatedly mentioned in this thread that CHAMBY token is being traded on DeDust exchange. There are trading pairs with TON and with USDT. In the signature worn by some of the project’s enthusiasts, there is a link to these trading pairs on the DeDust exchange. For now, this pool is the main point of focus, and all efforts are concentrated there. However, over time, CHAMBY will also be listed on other exchanges.

Ok that's good, that is I will need to open an account with dedust  so I can get started, thank you for this piece of information.
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Topic
Board Nigeria (Naija)
Re: No one at the atm stand is your friend
by
Finebone
on 18/07/2025, 09:38:10 UTC
This occurrence is very relatable as it has happened severally over the years. This is a very educative thread as most people have fallen victim of this scam. There was this incident I experienced similar to this where a young man took pictures of an elderly woman's arm card after showing support like he was actually going to help and after a certain period she got debit alerts on her phone, surprisingly the guy already fled the scene. This happened when she was trying to activate her ATM card at the ATM machine and she didn't have the knowledge of it. Everybody at the scene felt really bad for the old woman and her account was immediately blocked from external access which was the best possible solution at the moment.
There was also this incident where a random call was received and requesting for codes from a lady I know, without her knowledge she sent the code with the mindset that the so called "customer care" were going to rectify her account and after some time she got debit alerts on her phone and just went speechless and had to call her son to help her block her account.
I think with his information, we should be careful with who we call our friends and who tends to show support.
This is just a wake up call to the general public that leaving your age parents to go to the banks and ATM machine alone is wrong, they can be easily taken advantage off, so for something like this not to reoccure, it would be better we do it for them or we advice them to only  use a pos stand in the neighborhood for security reasons.
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Topic
Board Tokens (Altcoins)
Re: [ANN] CHAMBY: serious memcoin on TON
by
Finebone
on 17/07/2025, 15:10:10 UTC
It's also obvious that people can be very cunny, deceptive with deceiving antics, pretending to have chamby Token at heart with false intents and commitment,all for the $20 dollars reward for the best posters and  will immediately go offline after receiving it. Chamby Token needs long term committed followers/investors who will not later abandon their roles but will continue to remain steadfast in contributing to the growth of chamby Token.

That's right. Each project needs ENTHUSIASTS first and foremost. These are people who work without any external reward. They connect their fate with this token, save up on their own and are therefore interested in the growth of this token. If a person's activity occurs only in connection with the reward, then such a person cannot be called an enthusiast. As soon as the reward period ends, the person will leave the community and most likely sell their tokens. In this way, they will benefit themselves but will bring almost no benefit to the community.
What you said here is true, each project needs a enthusiastic community to strive, because they wouldn't be doing it just for the rewards as you have point out here. A real supporter of chamby token will stand firm and hold even in trying times regardless of what so ever, so anyone that came only for the rewards is not a big fan here, he just came into the fray for his selfish reasons.
No projects can strive without the rigorous backings/ efforts of her  amiable supporter's. Truly I have been closely monitoring the growth and progress of chamby Token for several weeks,I am more convince than chamby Token will a fine token in the future. I am preparing plans to start purchasing chamby Tokens soon. I wouldn't want to miss the best part of this project, which why I have decided to start purchasing the token. I have been carefully studying the guidelines to buy chamby since it is not listed in a popular Exchanges.
This is a big step in the right direction because am quite positive and convince with all that I have seen so far about chamby token, that it has a bright future. I even tried to buy it with the $50 I had in my  bybit exchange last week but I didn't see it among the coin in the exchange, so I was just confused then, it was later I discovered that it wasn't listed on bybit when I had done more research. So am quite certain that once I get an exchange that is user friendly, that trades chamby token, that's when  my accumulation journey will start.
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Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Finebone
on 17/07/2025, 14:50:12 UTC
Honestly speaking I don’t think there is anything wrong if an investor choose to invest all his discretionary income into bitcoin, considering that you have taken care of your expenses and you’ve an emergency and reserved funds, if I choose to invest all my discretionary income into bitcoin, instead of using it to extravagance lifestyle of buying cloths and during drinks and cigarettes and clubbing, at this point of my accumulation stage I think there is no need for such lifestyle.

I would prefer using my discretionary income to buy more Bitcoin and be more aggressive instead of using my discretionary income for some unreasonable and unrealistic activities.
Using all of your discretionary income to invest in Bitcoin might be problematic for you in the future because their are some things we buy that is not part of our basic needs but are very important for our very own existence, something like airtime or data subscription, they may not be  part of our basic needs but it's very important that you have them in order to browse the internet and communicate with your love ones, so using all your discretionary income to invest in Bitcoin might not look too bad but if you do that, you are going to deprived yourself of so many things that are essential in your daily lives which is no proper in my own opinion, investing aggressively is quite good, but over doing it is were the problem is, because you might ran yourself into financial trouble in the process.
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Topic
Board Tokens (Altcoins)
Re: [ANN] CHAMBY: serious memcoin on TON
by
Finebone
on 17/07/2025, 11:21:03 UTC
It's also obvious that people can be very cunny, deceptive with deceiving antics, pretending to have chamby Token at heart with false intents and commitment,all for the $20 dollars reward for the best posters and  will immediately go offline after receiving it. Chamby Token needs long term committed followers/investors who will not later abandon their roles but will continue to remain steadfast in contributing to the growth of chamby Token.

That's right. Each project needs ENTHUSIASTS first and foremost. These are people who work without any external reward. They connect their fate with this token, save up on their own and are therefore interested in the growth of this token. If a person's activity occurs only in connection with the reward, then such a person cannot be called an enthusiast. As soon as the reward period ends, the person will leave the community and most likely sell their tokens. In this way, they will benefit themselves but will bring almost no benefit to the community.
What you said here is true, each project needs a enthusiastic community to strive, because they wouldn't be doing it just for the rewards as you have point out here. A real supporter of chamby token will stand firm even in trying times regardless of what so ever, so anyone that came only for the rewards is not a big fan here, he just came into the fray for his selfish reasons.
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Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Finebone
on 16/07/2025, 10:42:59 UTC
Also I honestly don’t even see Bitcoin as something risky anymore, not if you come in with the right mindset. It has already proven itself over the years. The main thing now is how smart and disciplined you are with it. It is not really about whether Bitcoin will work, it is now about whether we know how to plan and position ourselves properly.
Don't get carried away buddy, Bitcoin is quite risky, just as every other investment out there, but the risk is very little comparing to most investment, especially when held for a longer duration of time, and it's because of the risk attached to it that is why it is advisable to invest with what you can afford to lose, because we live in a world full of uncertainty, even tomorrow is not promised, so saying that you don't see Bitcoin as something that isn't risky anymore is not proper in my own opinion.
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Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Finebone
on 16/07/2025, 10:04:29 UTC
Exactly , some  people delay getting started because they think they need to know everything first, but the truth is you learn best by doing. Bitcoin is not a school subject it is an experience Once you have the basics  knowledge , how to secure your assets the rest comes naturally as you grow in the space And I agree with the part about security. At first a trusted exchange might be okay  especially for small amounts but over time, moving to a non-custodial wallet gives that peace of mind and real ownership. The most important thing is to start  Waiting for perfect knowledge.


What you just need to get started is your discretionary income and the basic knowledge about Bitcoin, you saying that it's an experience is not proper because if an individual don't have the basic knowledge about Bitcoin, it would be wrong starting and hoping that experience will see him through in his Bitcoin investment.
You just have to know how to accumulate consistently and what is required to hold resiliently without you tempering with your holdings, which is having an emergency funds and a reserve funds, because those are the key things that enables you to hold without tempering with it.
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Topic
Board Nigeria (Naija)
Re: Beware of pos scam
by
Finebone
on 16/07/2025, 09:53:18 UTC
.

What am saying fruders have taken there fraudulent activities to another level so we all need to be extremely careful and watch full with our daily transactions.

You have done well in creating this awareness here, though according to what you explained, it was more of trying to play a quick one on you, but you were smart enough or not careless, if not you would have fall prey to that cheap scam.
I have seen someone defrauded in my presence through pos because she was feeling pity for the customer, not knowing that the person want to scam her.
The person tried to initiate a transfer, showed her, her name in his phone, canceled it, and the next thing he showed her transfer completed,  she didn't know that the person canceled it.
After waiting for like 10 minutes she haven't seen the money, the guy was faking a call that his wife was about to put to birth, that her water has busted and it's the money they are waiting for, so out of pity, this girl release 30k to this scammer thinking that the money will later drop, uptil now, that was how she lost 30k, so if you are doing pos business or anything that involves money, try to be very attentive to every details if not you might be scammed in the process.
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Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Finebone
on 15/07/2025, 09:24:48 UTC
I think someone can start with the little they have if after Investing it won't choke them later but if someone knows that if after Investing in Bitcoin their responsibilities and there needs will choke them then I will suggest they don't invest in Bitcoin at all because it makes no sense after investing you went back to sell your coin because of your inability to take care of your needs and wants.

If the person feel the big contract will definitely come and they don't have all it takes to invest and maintain their investment at the moment I will advise they wait for the big contract and while they are waiting for the contract they are also hustling to make things work out so should in case the big contract doesn't work out they won't be hopeless and stranded. Remember it is not every time, it is better to start small because sometimes you will regret why you started small.
I think that you are making it looks complicating here, you don't necessarily need to have it all to start investing in Bitcoin, all you just need is a discretionary income to start your Bitcoin investment, and take note that you may decide to invest this week, but if you didn't have a discretionary income next week end, their is nothing wrong about that, you might skip that week and buy again anytime your discretionary income is available, so why am saying this is that you are not obligated to buy every week or month ending, you only buys when your discretionary income is available in other not to get involved in unnecessary pressure that may affect your Bitcoin investment.
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Topic
Board Nigeria (Naija)
Re: Impatience na bad thing
by
Finebone
on 15/07/2025, 08:57:58 UTC
It is true that Bitcoin investment isn't as profitable as Altcoins, but it's 99.9% safer than investing in Altcoins..
You are perfectly right hear sir, it's better to be on the safer side than risking your hard earned money on something that can be very unpredictable, just like gambling, because even though you decide to be patient with it, the asset you bought might keep on declining, and you will be forced to sell at a loss, if not your losses might be greater.
Quote
And speaking of patience, it is also very important to learn and know when to apply patience and where not to, you will still end up losing significant amount of money if you apply patience where you should actually apply impatience.
This is the perfect scenerio of what I experience when I bought my first crypto, cfx to be precise. As  I bought this coin when the market dip, I initially thought that as Bitcoin is rising, this coin will follow suit, but to my surprise when Bitcoin rise it wouldn't follow, but once Bitcoin retrace, it dip further, I hold it up to four months, that was when I withdrew the remaining $12  out of $50 I invested, so impatient can be very useful sometimes.
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Board Speculation
Re: Buy the DIP, and HODL!
by
Finebone
on 14/07/2025, 10:42:05 UTC
As I check Bitcoin's price and see that it has surged to another ALL TIME HIGH, I feel both happy and SAD.
Why?

Because the more it surges higher and higher from here, the higher possibility that we may never have the opportunity to buy Bitcoin below $100,000 again.

My next major Bitcoin purchase will be below $100,000 IF we are lucky to see it there again.

You should have regrets for waiting rather than buying, yet of course, when to wait and when to buy are personal choices.. and hopefully you were not sitting on too much cash waiting for a dip that did not end up happening.

I agree with you sir that buying of Bitcoin is base on any individual choices and yet some of the investors are still holding back watching and waiting for the dip that meant not end up happening anytime soon, my advise to all newbies and those investors that already have all the knowledge on how Bitcoin works should consider buying Bitcoin aggressively now than regretting later, all in the name of waiting for dip to happened. So it is very advisable to buy aggressively as far as the discretionary income is available.
You are not wrong actually, a new Bitcoin investor can decide to buy aggressively if he wish, but for it not to be a burden or a problem for his long term consistent buying and holdings, it must be done within his discretionary income, as long as it's within his discretionary income, he has nothing to worry about.
Post
Topic
Board Nigeria (Naija)
Re: Nigeria Don Finally Recognize Bitcoin as Legal Investment
by
Finebone
on 14/07/2025, 10:36:40 UTC
I no know how true this your news be but one aspect wey I dy sure of is that na through our banks we go take know wether our government mean am or not , if truth dy inside this update in the first place.
Because at least for those of us wey don get small experience for this space, we know say our government no wan use ear hear crypto related transaction, so if our banks no dy freeze people account again, na that time I go believe our government, if them even talk this kind of thing at all.
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Topic
Board Nigeria (Naija)
Merits 8 from 4 users
Topic OP
Why investment is necessary if you want to grow rich
by
Finebone
on 11/07/2025, 14:57:58 UTC
⭐ Merited by Cryptoprincess101 (3) ,Igebotz (2) ,Joy_learns_crypto (2) ,entertheabyss (1)
I feels like investment is not much talked about and the impact it has on our finances, because even in our society today, most people don't know that no matter how much you earn, you can never be rich if you don't invest, you can even be earning up to #20M a month, but once you are sacked or retired, that's when your financial strength will start  reducing till you are officially below average financially, and it's what keeps you financially afloat in old age when you strength has failed.

Additionally, as we are investing we should try to scatter our investment into different things or field, so that if anything wrong happens to one, you will still be ok financially.

Types of investment:

1. Investment in your finances: it is very necessary to invest in your finances if you want to be wealthy because no true wealth comes without investment, so let's try to invest in anything that appreciate in value overtime, like Bitcoin, land, real estate and gold etc.and take note that no matter how lucrative and investment is, if you know nothing about it, do not venture into it, for the safety of your capital.

2. Mental investment: investment in your mental health is very necessary if you want to be wealthy in life, because you can't grow rich if you are  mentally unstable, so staying away from any form of drugs is key

3. Spiritual investment: investment in our spiritual life is one type of investment most folks has ignored a lot but they don't know that we live in a wicked world were your life can be cut short easily if you have no relationship with God.

4. Investment on our health: As we all know, health is wealth, we can't reap the fruit of our labour if we are sick, that is why eating good food, going for exercise and maintaining a good hygiene is a worthy actions that improves our health.

5: investment in strategic relationship: most guys don't know that this is one of the most potent investment ever, in their strive for money, they ignored some relationship that would have been a game changer for them in the future, so investment in strategic relationship is very important if you want to be wealthy in life.

Finally, try not to entertain nonsense in your head, because even the bible says that ''as a thinketh in his heart so is he.
So the way you think have a major role to play in improving your finances, because you will be seeing an opportunity where others don't if you thinks right