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Board Games and rounds
Re: ♻️ CCE.Cash 🎁 FREE RAFFLE 🎁 $30 in BTC!
by
Padi24
on 05/09/2025, 21:50:53 UTC
Slot # 19
BTC address: bc1qgzd3c8pdljlx5kyl26wv8sad47a6yqe3enwjau
Post was edited
 15 days ago (view)
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Board Nigeria (Naija)
Re: [Request] Report Unmerited Good Posts Here. OPEN
by
Padi24
on 26/08/2025, 10:22:17 UTC
R
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Topic
Board Games and rounds
Re: Razed.com | Bitcoin Price Prediction Challenge #2 | Win a share of $175 | 7 Days
by
Padi24
on 23/08/2025, 16:51:59 UTC
Razed username: Padi24
Prediction: $116,500.87
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 1 month ago (view)
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Board Nigeria (Naija)
Merits 1 from 1 user
Re: Balancing Financial security and Bitcoin Accumulation
by
Padi24
on 23/07/2025, 22:14:04 UTC
⭐ Merited by igebotz (1)
Quote from: Derekfunds on Today at 05:35:43 PM
Quote from: Shadiq on Today at 11:34:37 AM
Quote from: Loyang on Today at 10:53:12 AM
Bitcoin is a savings that is kept for the future. If a person creates Bitcoin as an emergency fund, then he is making a big mistake. Because investments are made for a long term period such as 5 to 10 years. And we create an emergency fund to protect our portfolio. But there are some people who use Bitcoin as an emergency fund. If you are a person who does this, then he can find himself in many bad situations. For example

*If the price of Bitcoin decreases and then that person needs money, then he will have to sell it at a loss

*If he sells at a loss, then he will be behind in terms of money and then that person will have to take a loan.

*He will break down mentally a lot.

*He may blame Bitcoin, such as Bitcoin is fake etc.

Bitcoin is very risky, but not for everyone. Because I think Bitcoin is very low risk for people who can have proper knowledge about Bitcoin and hold their holdings for the long term. Bitcoin is very risky for people who invest in the short term or use Bitcoin as an emergency fund.
The main reason not to keep Bitcoin in an emergency fund is to make it easier to use emergency funds in an emergency. Bitcoin is never a suitable currency for use in an emergency. Because it takes some time for Bitcoin to be converted into fiat, which can cause delays in using it in an emergency. Even price volatility tends to have a negative impact here. So, in order not to delay solving the problem in an emergency and not to face losses, it is absolutely foolish to keep Bitcoin in that emergency fund.

So you should create an emergency fund in such a way that you can use the emergency fund very easily and quickly. Always choose fiat money for the emergency fund and definitely keep it in real currency. Keeping the emergency fund in a bank or online money is also not advisable or the right step. Keep the emergency fund in a place where you can use it at your fingertips and from there you do not have to count the losses.

I don't think there is actually a perfect place to keep emergency funds, you said keeping emergency funds in bank is not advisable then are you saying it is advisable to keep it in our room? What if robbers came to our house? Won't they steal the money? I'm not against any of these though but anyone an investor find convenient then is good because different people stays different environment, it is possible that someone can stay in an environment that security is very tight and in this kind of environment you won't be afraid of keeping money in your room.  Remember our emergency funds ought to be protected as much as we protect our investment because it is the pillar that holds our investment.

In my opinion emergency fund need to be kept in a place where we can have free access to it whenever there is emergency need, the same thing applicable to back up funds this two funds need to be kept in a separate wallet, you can choose either to hold it in fiat currency or to hold or save it in bitcoin, but I think it will be more better if we create a different wallet for this funds since the both funds is for security purpose. and yeah, saving it in bitcoin seems like a good plan because this way you won't be afraid of anything since you're the only one that have full control over your money, rather than saving it in the Bank where you can't get peace of mind.
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 1 month ago (view)
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Board Nigeria (Naija)
Re: [Request] Report Unmerited Good Posts Here. OPEN
by
Padi24
on 18/07/2025, 19:56:06 UTC
Reserve
Post was edited
 2 months ago (view)
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Board Speculation
Re: Buy the DIP, and HODL!
by
Padi24
on 01/07/2025, 13:20:19 UTC
Quote from: OrbitalX on Today at 12:01:53 PM
Quote from: JayJuanGee on Today at 06:55:07 AM
I don't know why some guys continue to make the point that source income might not be enough.

Generally speaking, we should be able to assume that it is better to have both a source income and a steady income.

I don’t know what you guys mean by source income, care to educate me on that?
Or should I just assume the reverse of the other which is steady income making source income an income source that isn’t steady or discontinuous.

Quote from: JayJuanGee on Today at 06:55:07 AM
[Edited out]

It surprises me to see that There are people who does not understand the meaning of source of income till this time, though I can't possibly say that you don't understand the meaning of source of income, but that is because the word sounds strange to you, Well I may not be having much to say since @ futurexxx has already Said something regarding this fact. however, source of income is a means in which you use to get money either daily, weekly or monthly as the case may be, I believe with this little illustration added to the one that @ futurexxx gave earlier you. Can be able to understand what source of income is all about.

Post
Topic
Board Nigeria (Naija)
Merits 2 from 1 user
Re: Balancing Financial security and Bitcoin Accumulation
by
Padi24
on 01/07/2025, 12:10:49 UTC
⭐ Merited by Igebotz (2)
Quote from: Odogwu-Blockchain on Today at 11:15:38 AM
Quote from: WhoYouCantKill on June 30, 2025, 04:17:02 PM
Quote from: Derekfunds on June 30, 2025, 03:51:23 PM
but then again It is not just about having a stable source of income but it is also about willingness to invest because some folks have the money but the willingness is not there.
And also being in control of your finances. Even when someone is fired up with the zeal to invest, and even when he eventually starts investing, if he's not able to stay in control of his finances, he'll always keep fucking up his investment.
I'm not saying one must master the act of controlling their finances before they can get started, I'm simply saying that it is a necessity, something you need to master before you can reach your long term goals.
I'll vividly add to this, it's always better to invest in what you understand the basic knowledge about, you don't just jump into investing in what it seems to be generating income when you are not fully equipped with the right knowledge, not only knowledge but you must start from scratch how that business works, what makes it works, if it doesn't seem to be working, what next to do, who to meet, putting in more money, or changing location as well as environment, bringing to the product to those that actually needs them.

All these are the actual beginners challenges you must have known firstly before thinking of investment into a particular product. It doesn't actually needs money from the start but the full know how matters most before money is put into it

You may be right, but bitcoin investment has absolutely nothing to do with change of environment but to find a good wallet to hold your bitcoin, if your bitcoin investment seems not to be working as you expected, it means that there's something that need to be put in place for example. your discretionary fund and that of your emergency fund, because you can't be investing from your pocket money but from your discretionary  that is the left over after which we have sort out all the necessary bills. I agree with you on the aspect of having the basic knowledge before investing, surely this is very important because without having the Basic knowledge about bitcoin investment you won't be able to know that discretionary fund and emergency fund is required, while investing into bitcoin.
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 3 months ago (view)
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Board Nigeria (Naija)
Re: There is no time that is late when it comes to Bitcoin Investment
by
Padi24
on 31/05/2025, 12:48:47 UTC
Quote from: Princess Leah on May 30, 2025, 01:26:19 PM
Quote from: TEBTC on May 26, 2025, 07:07:38 PM
I saw this post https://bitcointalk.org/index.php?topic=5539752.0 on our local board which made me to create this thread the OP was talking about missed opportunities of how alot of person's missed out on to invest in Bitcoin when bitcoin was just starting and how rich people would have been if they had started early to invest in Bitcoin knowing the market value of Bitcoin.


But am of the opinion that there is no reason to regret because opportunities that are lost is lost the best thing to do is to see how you can make do of what is available in a bid of correcting what has happened, that is why am saying that when it comes to Bitcoin there's no time that is too late you can start today because the future of Bitcoin is getting brighter everyday that passes so starting with Bitcoin as of when you get to know of the opportunities that Bitcoin offers is the best no to regret of past opportunities.

Instead to regret start with Bitcoin today

https://www.talkimg.com/images/2025/05/26/Ual9gm.png


 It's normal to regret but getting your decisions right after regret is the best approach, and those who missed out on buying cheaper still got lots more chances cause Bitcoin is still cheap even though it's not as cheap as it used to be, if such person invest now, you could imagine the profit the person would make when Bitcoin gets to $1m.

Is just as it is been said that we learn from our mistakes, but he who fails to learn from his past mistake Will continue with the mistake in the rest of his life. And yes, a lot  of guys deeply regret of not taking advantage during the early phase, yet most of this guys are unable to invest in this current stage due to the current market condition. And this might Probably make most guys to start having this feeling that this isn't the right time for bitcoin investment, without knowing that there's no perfect time for bitcoin investment so far as your discretionary fund is available.
Post
Topic
Board Nigeria (Naija)
Re: My thought on what a local board should be!!
by
Padi24
on 30/05/2025, 23:58:01 UTC
Quote from: Charles-Tim on May 29, 2025, 03:18:48 PM
This has led to separate opinions in the past from reputed members on this local board. Later there was a vote and people voted for Pidgin and English which is what we are using.

Read the number one of the local board rules here: https://bitcointalk.org/index.php?topic=5430885.0

If you choose only Pidgin, we all know that you are lying because local board should be about the language you all understand in your locality which is Pidgin and English.

I will not be surprised if you read the rules and still ask this question. Likely, there is something behind it. You are not a new member. Post something helpful than going back to what we have discussed several times before.

This is the reason why most topics always get ignored by users due to repeated posts like this, and sometimes if one post is been ignored the Op will be thinking that people do not find his Post attractive or probably it doesn't make any sense, without knowing  that such topic has already been treated. Well Op was actually saying something regarding to niger board, I think everyone has the right to decide the language he/she will use whenever he/she want to experience there feelings, for the fact that they make this board special for niger people alone does not mean that everyone must make use of pidgin. because I'm pretty sure that 30% of our members here May not be able to express thier feelings very well probably when they're making use of pidgin which is why they will prefer using the general language (English) to express thier feelings.
Post
Topic
Board Nigeria (Naija)
Merits 1 from 1 user
Re: How many of you deeply regret not invest in bitcoin earlier?
by
Padi24
on 26/05/2025, 21:36:47 UTC
⭐ Merited by igebotz (1)
The only difference between then and now is the price because back then the price was very much cheap, and if it were nowadays almost every investors would have own a bitcoin those capable ones would have own like 10btc in their portfolios, but it was  quite unfortunate that most of us couldn't figure out the good potential of bitcoin back then. But I think is still very early for us to correct our mistakes by accumulating as much as we can, because the Market is becoming unpredictable no one knows what will happen in the near future.
Post
Topic
Board Nigeria (Naija)
Merits 1 from 1 user
Re: Results happen overtime not overnight, don’t be misled
by
Padi24
on 26/05/2025, 21:05:31 UTC
⭐ Merited by Igebotz (1)
Quote from: Ndabagi01 on May 25, 2025, 09:54:45 PM

When investing in Bitcoin, just know that the results will happen overtime and not overnight as many people have viewed it .This has lead to many people having distrust in the asset because they don’t get to have big returns immediately after investing as they’ve foreseen it, been told about (giving misinformation) before investing into it.


I totally agree with you on this one, moreover for the fact that bitcoin is considered as a store of value doesn't mean that one can actually become Rich overnight. those investors who are going with such view are mistaken bitcoin investment to shitcoin that works as magic, bitcoin investment requires alot of time and patient because the more you're holding it  that's the More it will keep compounding. So anyone who is able to hold on to it in the long run there's a little guarantee that the outcome is going to be massive. I think this is the right time for those that have been viewing bitcoin investment wrongly to make some correction, because if they should continue with such view I don't even think if they can be able to get x1 of the amount they put into bitcoin investment since they choose to invest for short term profit.
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 3 months ago (view)
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Topic
Board Nigeria (Naija)
Merits 1 from 1 user
Re: [OPEN]Nominate your posts to get some Merit
by
Padi24
on 25/05/2025, 22:25:06 UTC
⭐ Merited by 1miau (1)
Reserve
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Topic
Board Nigeria (Naija)
Merits 2 from 2 users
Re: Keep those little tokens you have now safe
by
Padi24
on 25/05/2025, 21:56:58 UTC
⭐ Merited by 1miau (1) ,Igebotz (1)
Quote from: I_Anime on Today at 12:32:28 AM

So try and always keep your asset safe despite how small it may seems now. And am not referring to only bitcoin some of you are here you have some coin you are holding recently that you got from a certain bounty or airdrop.It may looks small now but just keep it safe maybe later in the future it will worth something good , but don’t have the mindset of that shitty project can beat bitcoin price .

You made a very good point mate, but remember there are some coin that is not Worth it which is why I underlined those Words. Because we can't be holding shitcoin in our wallets, when you and I already know that most of those coin we get from airdrop projects is just pump and dump coin so haven't known this how did you intend to hold shitcoin?  Did you even realize that shitcoins are not always good in long term holding? Will you agree with me that this advice can be somehow misleading because with what you Said most newbies can start mistaken shitcoin to bitcoin hoping that the future is going to be like that of bitcoin, I was expecting you to advice those who have been wasting thier time in those shitcoin to stick to Bitcoin investment, though we may not be 100% sure of the outcome in the future due to the market volatility but for now that's the only safer place to put our money.
Post was edited
 3 months ago (view)
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Topic
Board Nigeria (Naija)
Merits 1 from 1 user
Re: A little observation.
by
Padi24
on 25/05/2025, 21:11:56 UTC
⭐ Merited by igebotz (1)
Quote from: Stepstowealth on May 17, 2025, 07:57:26 AM
I have noticed a recent observation in this our local board, and I will like to share it to see if someone else has observed it too, and also so that it can be corrected and an attitude that should be fixed.
Many of us feel that there is a potential to only earn merit from the merit sources here in the local board when you start a topic, not when you engage in another topic or discussion that has already been started. I dey see many topics wey engagements suppose dey, but as we plenty for here, engagements go cun dey few. E nor too good like that.

Let us try engaging in topics created even when we have topics of our own to start.

The more we share our knowledge on topics regarding bitcoin and cryptocurrency, the more many of us learn from each other based on our different perspectives and unique mindsets

Your advice is indeed a very nice one, but sometimes the reason why most people don't like engaging themselves in most threads is because there are some topics that has already been discussed here maybe knowing or unknowingly most people will still end up repeating that same topic take for instance you came across such topic when it was first created, and when is been repeated for the second time are you going to repeat that same comment you made in the first topic? Sometimes you May have other things to say, but that doesn't make any sense to me because we most not be treating one particular topic all the time, we also need to touch other branches so as to enable us build enough knowledge about crypto investment rather than treating similar topics all the time.
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Topic
Board Beginners & Help
Topic OP
I'm new here I need some guidelines.
by
Padi24
on 25/02/2025, 20:14:23 UTC
Good evening to each and everyone who's present in this forum, is actually my first time of being in this forum and I'm finding it very difficult to access the forum so I'm seeking for your advice/ guidelines on how to navigate the forum.