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Showing 20 of 4,182 results by Nwada001
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Board Nigeria (Naija)
Re: Want to learn about wallets.
by
Nwada001
on 28/08/2025, 18:58:45 UTC
As some body that is still learning to invest into Bitcoin you don't even need to learn about wallet, because wallet are technically things which you don't learn under hurry. You take your time to learn them. But first you should use wallet to store your Bitcoin. If you are looking for a good wallet to store Bitcoin I think you should download the Electrum wallet, after creating a new Electrum wallet write down your seed phrase and keep them in a safe place. Don't safe it on your phone and don't keep it anywhere somebody will see it.
I disagree with you on this one; you don't need to learn about the technicality of a wallet before you know about a good wallet to use. Someone who wants to learn about the basic knowledge of Bitcoin needs wallet knowledge too; if they don't know about wallets, they won't be able to know how important it is to safeguard their phrase, the difference between an exchange and what's regarded as a wallet, the need for self-custody, and the rest of the little things that can safeguardtheir asset and give them total control of their investment.
Post
Topic
Board Nigeria (Naija)
Re: Want to learn about wallets.
by
Nwada001
on 28/08/2025, 18:43:07 UTC
But I don't know about wallets. I don't know how to use wallets properly. Which wallet should I use to invest in Bitcoin? And what should I do? Huh I want to know about wallets.
You don’t use wallet to invest in bitcoin you use wallet to store and safe keep your bitcoin and the best wallet you can use and that’s recommended is open source wallets, you can go for electrum wallet, BlueWallet which are both mobile friendly wallets and easy to use.
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Topic
Board Gambling discussion
Re: Do you think governments should set limits on how much one can gamble daily?
by
Nwada001
on 28/08/2025, 18:08:07 UTC
Should this is be good deterrent to at least minimized gambling in a certain country? Or does it force gamblers to uses illegal means or even travel outside of the country that has this strict law to continue with their gambling?
Setting limit I'm not against it, but if there should be a limit, the government should not do it randomly; rather, through the KYC procedure, they can ask for the estimated annual earnings of a gambler. From that, they can determine how much, on average, the gambler earns monthly and what percentage of that can be spent on gambling without it affecting the gambler, because everyone does not earn the same amount, and there are those who have a lot more to spend compared to others.
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Topic
Board Gambling discussion
Re: El Salvador's bitcoin
by
Nwada001
on 28/08/2025, 15:23:28 UTC
Both platforms have listed that El Salvador will have a total of $1 Billion worth of bitcoin by the end of 2025. The odds are pretty interesting. Now Bukele has found out about this and seems to be hinting on social media. But do you genuinely believe El Salvador can magically get to a billion worth of bitcoin? They currently have over $700 Million. They would only need $300 million more. To me it seems a lot. To a country like El Salvador, that isn't easy money either. Would you bet on this?
$300 million to acquire Bitcoin for a country like El Salvador is a lot, adding to their loan with the IMF, and the loan conditions—let us also not forget the fact that it took them almost 4 years, if not more, to actually reach the number they are now, and we have just 4 months left for them to reach the $1 billion Bitcoin accumulation volume. It's a lot more for them if you ask me unless they will take it as a challenge and want to go extra just to hit that target, which I think they are not economically ready for.
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Topic
Board Gambling discussion
Re: which has better odds
by
Nwada001
on 28/08/2025, 15:03:08 UTC
Do casinos give out their own person odds, or do they have odd providers that do the job for them? Sometimes I compare some of the casino odds, and the differences are actually not much, both online and in agent shops. The only difference I notice is that after your bet staking, some casinos offer much bigger bonuses than others, which makes the potential winning amount higher than the others, but the differences are usually not that much.
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Topic
Board Nigeria (Naija)
Re: An Opportunity for Bitcoin P2P Usage
by
Nwada001
on 27/08/2025, 22:00:42 UTC
No country can survive without tax; that's very correct
United Arab Emirates citizens are not paying taxes and they're doing very well.

https://u.ae/en/information-and-services/finance-and-investment/taxation
The citizens are not paying tax. That doesn't mean the country doesn't take tax; the tax corporations that operate the country also tax citizens for other things but not on income taxes like excessive spending, and some kind of levies are being paid to the government, which is also some kind of revenue generation for the country. Aside from their oil and gas, tax is essential in every country, but how it's being used is what matters. Nigeria is not supposed to be where we are today in terms of development if our resources are being put into good use.
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Topic
Board Gambling discussion
Re: What do gamblers have in common?
by
Nwada001
on 27/08/2025, 21:34:27 UTC
Everyone has their limits and what actually works for them. Personally I think gambling for an hour might be too much if you are focusing on reducing losses and trying to gamble responsibly. The longer you keep on gambling the more money you lose, from my experience the only thing that can keep a gambler actively gambling for an hour is probably when you are chasing losses and this can end negatively
If a gambler is winning, they can also still stay longer in a casino compared to how long they could have stayed when they were not winning, because the higher the winnings, the higher the amount they will have available for staking, which will extend their stay in the casino. Sometimes someone might actually not be chasing losses but might be trying to get to a certain amount so that they can withdraw, and they will just keep on rotating around a certain figure.
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Topic
Board Gambling discussion
Re: Should gambling ads be normalized?
by
Nwada001
on 27/08/2025, 18:48:23 UTC
Wasn't that regulated? I think there should be some kind of restriction or timeslot to show those ads, especially there's a lot of vulnerable groups that will see it such as minors. But I agree with @lovesmayfamilis, when it comes with money I really don't think the government's restriction would do something about it. If we are going to rely on those alone, I don't think we would be able to protect youth or minors, it has to begin with proper guidance at home.
But let's take how the government and regulators are behaving and reacting to things when it comes to money that can be made off those platforms. What's the point of regulators if they can't regulate what their citizens will see and what they can't see? Social media platforms are supposed to be regulated, like someone needs to be able to optionally choose the kind of ads that will appear on his newsfeed and which that will not appear.

Yesterday I took the iPad that my kids make use of to run some little search; something took me to the ad activities on Facebook, and among the 10 recently clicked and viewed ads, more than 5 of them are all these cheap casino advertisements that show how to make quick money for a Facebook account registered under a minor below 16 years old.
Post
Topic
Board Nigeria (Naija)
Merits 2 from 1 user
Re: An Opportunity for Bitcoin P2P Usage
by
Nwada001
on 27/08/2025, 17:41:35 UTC
⭐ Merited by CryptopreneurBrainboss (2)
Maybe  you didn't know but Boycotting tax and demarketing it's is a crime - those who are qualified to pay their taxes should do so, you don't need to discourage them or campaign against it  no country can survive without stax
No country can survive without tax; that's very correct, but there is no country out there that's using taxpayers' money to enrich itselflike Nigerian politicians are doing. As small business operators in this country without any single political backup, this new tax reform is more targeted on us than the big companies out there.

If the taxpayers' money is being put into adequate use, no one will want to disobey paying tax, at least not everyone, but in a country where even with paying that tax you still need to pay for your own security and the cost of getting your hands on little basic amenities is high, what's the exact point in doing that, if I may ask, when the money you are paying as tax is typically like a donation to a few elite who will use it to boast about their 10th generation to come never being poor?

Until things are done right in this country and we know that we are not being taken for fools, expect this type of discouragement. You don't expect me to donate 25% of my sweat to a county where I will still have to pay for typically 100% of whateverI want to make use of.
Post
Topic
Board Nigeria (Naija)
Re: An Opportunity for Bitcoin P2P Usage
by
Nwada001
on 26/08/2025, 22:32:27 UTC
You go try add link to this news make I read through am well well, cuz this news broadcaster sometimes them they sabi spread watin no be am.. and secondly it’s crazy 800,000k per annual that’s them they also consider person way they earn as low as the minimum wage go remit 25% of watin never do them and the family to government way they suffer them say say nah serving..
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Topic
Board Lending
Re: Lending Service Started! (USDT/BUSD/BTC/LTC/ETH/DOGE/ETC)!
by
Nwada001
on 25/08/2025, 18:54:49 UTC
$60 weekly repayment amount sent, and payment slip have been sent on your TG as usual.
2nd week payment sent and proof of payment have also been sent to your telegram..
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Topic
Board Bitcoin Discussion
Re: Bitcoin transactions settled instantly: Can this be reality one day ?
by
Nwada001
on 23/08/2025, 22:21:50 UTC
It can be a hurdle in some cases like when the buyer needs instant delivery but seller makes him wait till confirmed.
If a buyer needs instant delivery, then they should not try to make payment with Bitcoin, or they should also be very much ready to pay with a high fee rate so that they can get their payment confirmed as fast as possible. Besides,most of these sellers make use of a centralized payment processor, which you can just use the same system to pay them so that it will be easier for them, and everything happens off-chain, just like using Binance Pay to pay the seller into the seller's receiving account.
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Topic
Board Gambling discussion
Re: Gambling Ad warns sufficiently
by
Nwada001
on 23/08/2025, 22:06:52 UTC
The government are right to think that way, it doesn't matter whether the warning is there or not, that one ads can not make any difference unless every ads has to implement the same pattern of giving a strict warning to players about addiction. While this ads you watch had this warning, how about the other many ads that says otherwise? If the government looks into it, they know that there so many other misleading gambling ads which needs to be stopped because it has made people to get ruined by gambling.
This is why if gaining ads can pass some kind of check under a separate agency that will oversee them before they are being posted or presented, that will be really nice, because some gambling sites show warning signs; that's for those that want to pass the positive information, while some are just very convincing, which will mislead those who don't run their own personal research about gambling and can believe whatever they see online.
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Topic
Board Bitcoin Discussion
Re: What if a major government suddenly declared Bitcoin as its official currency ?
by
Nwada001
on 23/08/2025, 21:04:36 UTC
What if a major government suddenly declared Bitcoin as its official currency ?
Bitcoin being declared as official currency means it will replace the existing local currency in that country? If that's what you mean, that's not going to happen; it can't happen, but let's just assume it happens. The only thing we will see is a price increase in Bitcoin, since the demand for it will be on the higher side, but it will have a measurable effect on the trade experience of traders in that country because Bitcoin is not built for such.
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Topic
Board Gambling discussion
Re: Whistle to whistle advertising ban
by
Nwada001
on 23/08/2025, 19:24:12 UTC
As a gambler, such can't have an effect on me, as I don't need the gambling ads to know about my game. I can always track it, but for kids it will have an effect on them since there is no age limit to who can watch a match and who can't, so gambling ads will and can easily influence them, so banning it is something that's going to do more good to the young than harm to other gamblers.
Right. Basically, these will not have much impact on those who gamble and know about gambling. Rather, we who gamble are always searching for better options, and we can find them from any source. But yes, kids are easily influenced by these things, so they will be easily affected. So I think it's okay to ban ads to keep kids away from gambling. And it won't have much of an impact on the gambling industry.
As gamblers, we always love to see and test out new casinos we see as sponsors, but if I'm correct, since the ban is just limited to about 5 minutes or so before and after the sport game starts and ends, then there is still a much better chance to see it if the gambler is still active on the sport line, but if that still won't work, we have plenty of places to get sources from on what we will want to test out.
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Topic
Board Gambling discussion
Re: When do you increase your bet?
by
Nwada001
on 23/08/2025, 18:52:15 UTC
The only time I actually do see a need to increase my betting amount is if I'm running low on my balance and I don't see a need to stay longer in the casino. Again, I can decide to increase my remaining balance to just serve me for two more spins, which, if I'm lucky, I can increase that amount by winning, or, if I'm also unlucky, it will save me much more time, and I will leave the casino quickly and face other things. I don't do this often, but in some cases, I usually consider it as a necessary move.
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Topic
Board Gambling discussion
Re: What do gamblers have in common?
by
Nwada001
on 23/08/2025, 17:25:21 UTC
Healthy gamblers are the majority. I wonder if there's something we all have in common that keeps us on the right path and never oversteps our limits.
That thing which we have in common is discipline. Every gambler that can boast of being responsible is very determined and has enough discipline to never break the rules that they set to follow during gambling. If the person is not disciplined, then they can never be a responsible gambler. It's all a matter of personality too and how we individually handle things on our own aside from when we are gambling.
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Topic
Board Gambling discussion
Re: preparation to start gambling
by
Nwada001
on 23/08/2025, 10:02:19 UTC
Gambling can be fun if done responsibly, but it's important to understand the risks. If you really want to try it, start with simpler games like slots or roulette, and set clear limits on how much money and time you're willing to spend. Also, make sure to choose only licensed and reputable casinos.
A licensed and reputable casino is the safest place to play. In order to be able to enjoy the fun that truly sends you to play in a casino, first a gambler needs not just to set a target for their play, but they should also be disciplined enough to keep their own set-out rules in check and not to break them themselves. Even for the addicted gamblers, they might not even consider their gambling activities to be fun, just as the responsible gambler considers their own gambling experience to be very fun.
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Topic
Board Gambling discussion
Re: Is it important to gamble even when you know your win are not guaranteed .
by
Nwada001
on 22/08/2025, 22:55:08 UTC
It's so disheartening on how some gamblers tend to gamble irresistibly knowing their chances of winning is limited, I think that's one signs of being addicted. Moreso gambling is set aside for entertainment purposes and when you expect too much from it than what it is, you end up being stucked and have yourself to balme.
We gamble with the hope that we can win something, not because we believe that we can win or because we know we can't also win, but because it's all a game of probability. It's someone who gambles out of desperation, overconfidence, and too much confidence and stakes high that shows some kind of addiction because someone who is in control should be able to know that there is no guarantee for return with the money you have already staked, talk more of the potential winning amount.
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Topic
Board Gambling discussion
Re: Does anxiety have any effects on gambling ?
by
Nwada001
on 22/08/2025, 22:41:29 UTC
It is always important to control anger Doan9269 regardless of whether it is in gambling or not, even in real life if you get angry you do nothing but move on from the wrong and harm yourself, do not believe that getting angry does not do anything to your body.
Free to believe but free radicals that do no good
Anger is something that we can't really say we don't get. Most times you just unexpectedly run into something that will change your mood. It's now how you are able to handle the anger in you at that moment that will determine how it will react or what it will do to your body. If you allow it to control you, it will lead you into doing something that you (the person) will not be proud of when the anger is quenched in you.