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Those of us who understand Bitcoin may know about the investment here. But in addition to knowing about Bitcoin, there are many other types of investors in the world.
Those who have reached the peak of success by investing little by little. Some may have fallen on their faces. But those who plan for the future never lose. Investment is a long-term process. No one can own a lot of money overnight by investing.
So if you have to invest for the long term, then I will give more priority to investing in Bitcoin. There are small investment opportunities here. Another investment that I like is real estate. However, currently, investing here is not possible without large funds.
Those who have reached the peak of success by investing little by little. Some may have fallen on their faces. But those who plan for the future never lose. Investment is a long-term process. No one can own a lot of money overnight by investing.
So if you have to invest for the long term, then I will give more priority to investing in Bitcoin. There are small investment opportunities here. Another investment that I like is real estate. However, currently, investing here is not possible without large funds.
Hearing testimonies from different sources, I can only conclude that "You don’t need to be rich to invest, but you need to invest to be rich." Riches aside, investment can increase your financial freedom, but the problem with most people is procrastination, they want this BIG capital to invest, but it is not like that.
From real estate, stocks to crypto, we have seen people buying their assets that were deem worthless, but suddenly became their source of wealth. I remember someone who couldn't afford a land at the city center but wanted to invest. He bought it at a rural area where he could buy over 1 acre. Not long after, the government decided to build a Federal university in that locality. Right now, a plot of land there can buy a plot of land in the city center that he couldn't afford, that is the power of investing.
It mustn't be convenient, it mustn't be in thousands of dollars, a little that is being consistent about and carefully thought through could make that wealth. Start investing today.
From real estate, stocks to crypto, we have seen people buying their assets that were deem worthless, but suddenly became their source of wealth. I remember someone who couldn't afford a land at the city center but wanted to invest. He bought it at a rural area where he could buy over 1 acre. Not long after, the government decided to build a Federal university in that locality. Right now, a plot of land there can buy a plot of land in the city center that he couldn't afford, that is the power of investing.
It mustn't be convenient, it mustn't be in thousands of dollars, a little that is being consistent about and carefully thought through could make that wealth. Start investing today.
I also want to join you here. If you have enough money, then you have to invest, if not, then you cannot invest. This should not be the goal of our life. Then there will be only rich investors in the world. No one can change their fate with a small capital. But there are many examples in our society who have taken themselves to great heights with a small capital. For this, it is necessary to invest according to your financial capacity.
But yes, just by investing, not everyone will own a lot of money in the beginning. Some may also face losses by investing. But until you invest, you will not understand whether there is profit or loss. So, in the beginning, we should invest only the rate that we can accept, so that life does not stop.
And if we make mistakes, then we should learn from it and invest later.
The co-founder and the most important spokesperson of Square's Jack Dorsey has confirmed that, Square to allow merchants to accept Bitcoin native transactions from today. And he also said, "bitcoin was built to be used: open, decentralized, resilient. Current tax rules make buying a coffee a taxable event. we wrote a little something - it’s time to make bitcoin everyday money."
You seem to don't understand that Jack Dorsey and Square can not do anything with tax policy from the governement, now and in future.Quote
Square is now using the Cash App and Lightning Network to support Bitcoin as a currency, and through this, it is offering POS machines to make Bitcoin a truly native transaction. This is great news that Bitcoin is now a currency and the biggest advantage is that transactions that used to take 10 to 30 minutes can now be completed in seconds.
Another thing you misunderstood, that Jack Dorsey and Square did not innovate anything new, according to the news and your post, that they only use Bitcoin Lightning Network that has been here for several years since 2017. There are many applications that accept Bitcoin Lightning Network, not only Cashapp.The transaction time of Bitcoin Lightning Network is faster than Bitcoin on-chain (with an average block time is 10 minutes), but it is not kind of technical innovation from Jack Dorsey and Square.
There are Bitcoin sidechains which are followed in Sidechain Observer - Bitcoin L2 Projects & current state of development.
This news will bring Bitcoin to more people. Although it is already widely discussed and popular. Bitcoin started as an investment currency. I would like to agree with Op, about the opportunity that Jack Dorsey is talking about using the Lightning Network to accept native transactions. Although the creator of Bitcoin published a white paper called 'a peer-to-peer electronic cash system' It will operate without any central control.
There is nothing to add or subtract here. Jack Dorsey has recognized Bitcoin as an investment currency, so those around him who do not know about Bitcoin may also recognize Bitcoin. Many people like to store Bitcoin like gold because it guarantees future financial freedom.
This means that in the future it will be a simple means of transaction along with financial security.
You should never think about ten years ago because at that time, risk could only bring success,
This makes little sense. 10 years ago there were similar kinds of concerns as there are now, yet we can see after the fact that investing into bitcoin ended up paying off quite well including that the more aggressively anyone invested into bitcoin (without overdoing it) then the better the payoff.
Personally, I think that similar kinds of underlying principles continue to exist in regards to the more aggressive anyone invest into bitcoin (without over doing it) the likely better will be the future payoffs, 4-10 years or longer down the road.
It is also likely the slope of the upward curve is not going to be as steep into the next 10 years as it had been in the past 10 years, yet these days, the downside risk of the next 10 years seems to be less extreme, too. When governments and large financial institutions are jumping onboard, it becomes harder to reverse courses... .not impossible to reverse but there is a certain value in the Lindy Effects that are created with bitcoin being in existence longer and seeming to ongoingly becoming stronger and stronger and stronger.
You'll hear people say it's not too late and they're right afterall cause if one could start now an hold till 10 years time when bitcoin probably gets past $1m then they won't even feel they missed the opportunity earlier investors of about 2011 to 2020 had cause they too would've made lots of profits in 10 years from now whether they're very aggressive with their investment or not.
I completely agree with you. Most people think that the value will DIP and then they will buy. I think the value that Bitcoin has now is in the DIP end.. because it doesn't seem like it will drop any further. Bitcoin may reach a price around 150k in the next 4 to 5 months. Those who start investing then will think that if they had started 4 months ago, they would have definitely made more profit. Actually, it's true that you have to think about a lot of things before making a decision. but if he will think that he will invest if the price of Bitcoin drops, they will not be able to continue investing for 4 to 10 years according to the DCA method. When the price increases significantly, they will sell their BTC. But if you invest patiently for 10 years or so, the profit would be much higher. Investing in BTC using the DCA method is much more profitable than any other investment. Now, more important than how much money he starts investing with or how much BTC he buys and starts HODLing is how early he decides to start investing in BTC and how long he will continue investing for. I think that every moment is the right time to invest in Bitcoin. As the days pass, the more profits we will lose.
I also agree with this. If someone is looking for a good time to invest in Bitcoin, it is today. Because the possibility of Bitcoin's price falling in the future is low. Although sometimes the price decreases to restore market balance, it is temporary, but in the long run, the price of Bitcoin increases.
So if you do not make this decision at the right time, you will only regret it later. And a good method of investment is the DCA method. By investing in this method, it is possible to invest continuously with a small amount. So, the amount of money to invest in Bitcoin is not a big deal.
The big thing is when you start and how long you keep it.
Yes, if rich people buy, they certainly have to buy too. If we have money, for example... if we don't, just be patient and wait until we get wages to buy. 
Buying BTC when the price is dropping is a good thing because we'll get a lot of BTC. However, I think buying when the price is rising is also fine, as long as we intend to hold it for the long term. In my opinion, buying BTC using any method is certainly a good idea because BTC certainly fluctuates, and we can certainly take advantage of those fluctuations. However, in BTC investing, I think the most difficult thing is the temptation when the price has risen high and we suddenly want to sell it. Of course, I think that temptation is sometimes difficult to resist. So, in essence, I think that temptation is difficult to overcome. Of course, currently, many people regret selling their BTC at prices like $70,000 or $100,000 because they thought it would drop again, when in fact it didn't. The point is, a strong intention to hold and retain BTC is certainly one of the keys to successful BTC investing.
Buying BTC when the price is falling is a must for those who are already familiar with Bitcoin because they don't want to miss out on accumulating more Bitcoin. But if they use DCA to invest in Bitcoin, they won't pay much attention to the price. They'll simply focus on buying at specific times and then holding on. They won't be swayed by temptations like selling when the price rises, because their goal is long-term. They could have sold their Bitcoin at $122,000 yesterday, but those with long-term goals won't be tempted to sell. They'll hold on until their target is reached. But some people sell some of their Bitcoin to take advantage of their long-awaited gains, and that's not wrong either. They have their own plans, and they'll certainly be different.Buying BTC when the price is dropping is a good thing because we'll get a lot of BTC. However, I think buying when the price is rising is also fine, as long as we intend to hold it for the long term. In my opinion, buying BTC using any method is certainly a good idea because BTC certainly fluctuates, and we can certainly take advantage of those fluctuations. However, in BTC investing, I think the most difficult thing is the temptation when the price has risen high and we suddenly want to sell it. Of course, I think that temptation is sometimes difficult to resist. So, in essence, I think that temptation is difficult to overcome. Of course, currently, many people regret selling their BTC at prices like $70,000 or $100,000 because they thought it would drop again, when in fact it didn't. The point is, a strong intention to hold and retain BTC is certainly one of the keys to successful BTC investing.
I disagree with you on this, buying Bitcoin when the price is down is not a must for those who are familiar with Bitcoin investment but rather, it is vital they take advantage of that opportunity if they have... When you said it is a must it means they will have to invest whether they have money at that point in time or not which is wrong and remember when you over stress yourself or when you are not buoyant and you force yourself to invest you will surely pay for it in a hard way. Lastly, this statement can somehow mislead a newbie that doesn't know anything about Bitcoin investment, because some newbie always take anything they heard most especially if it is from a senior colleague ( someone ahead of them).
I also agree with you on this. You should never invest under pressure or emotion. If acquaintances, friends, relatives, and those who are associated with Bitcoin buy Bitcoin at a low price and share it, then we, the new ones, invest without thinking about anything to protect our dignity in the face of emotion. Then we take out a loan to buy it in a hurry. But we do not know what Bitcoin is and how long it is necessary to hold it.
As a result, we need money a few days after investing to repay the loan. At that time, we are under a lot of mental stress. Then that investment is of no use to us. So, not under any pressure or emotion or compulsion. To be a smart investor, it is necessary to invest according to your financial plan and understand the risks.
1. Support from the government.
Countries who gamble a lot has solid laws protecting their players so gamblers in those countries can just freely gamble as much as they want without having to worry about their rights. This doesn't mean that the countries have very free and loose rules but it just means that they have clear frameworks. Some other countries have some limitations but since their rules are clear, many still gamble.
2. Bigger paychecks.
Not all rich people are gamblers but they certainly have more chances to gamble if they wanted to. According to data, the higher the income is in some countries the more people gamble in that country. Since the average citizen is earning a lot, even if they spend quite a significant amount of money in gambling this will still not cause financial doom.
Is it fair to assume that a better economy and a solid framework will make people gamble more but be addicted less? This is the source, by the way.
Countries who gamble a lot has solid laws protecting their players so gamblers in those countries can just freely gamble as much as they want without having to worry about their rights. This doesn't mean that the countries have very free and loose rules but it just means that they have clear frameworks. Some other countries have some limitations but since their rules are clear, many still gamble.
2. Bigger paychecks.
Not all rich people are gamblers but they certainly have more chances to gamble if they wanted to. According to data, the higher the income is in some countries the more people gamble in that country. Since the average citizen is earning a lot, even if they spend quite a significant amount of money in gambling this will still not cause financial doom.
Is it fair to assume that a better economy and a solid framework will make people gamble more but be addicted less? This is the source, by the way.
In some countries, gambling is prohibited, and those who gamble in those countries gamble secretly. And there are some countries that are officially recognized, and they gamble openly. Recognized countries are more addicted to gambling.
They play without fear. Again, the poor gamble to become rich overnight. And the rich have a lot of money, so they gamble to satisfy their own hobbies.
The poor become more destitute by gambling.
This question is for those gamblers that were once addicted to gambling and was able to come out from addiction.
How did you go about it?
Was someone there to help you out or you took the bold step all alone?
How long did your addiction last?
What's your best advice to gamblers fighting with addiction?
How did you go about it?
Was someone there to help you out or you took the bold step all alone?
How long did your addiction last?
What's your best advice to gamblers fighting with addiction?
I was never addicted to gambling. Because I know that if someone plays as a hobby, it is good, but if they are addicted, it is very difficult for them to get out of it. I learned this lesson from a relative of mine. He was not addicted at first. His condition was fairly good.
When he came in the company of some bad friends, he slowly started gambling and getting addicted. Day by day it went to an excessive level. Later, he invested all his income in gambling. In this way, at one point, he started taking money from his family as well.
At one point, he had no wealth left.
The importance of Bitcoin in avoiding corruption in the banking system.
The oldest and most popular cryptocurrency is Bitcoin. Its current market value is 117.934. It is a completely decentralized currency. Its main goal is that it is better for no one to control the monetary system than for a few people to control it. That is, no country, government or group in the world can control it. Bitcoin is designed this way. That is, Bitcoin starts to come out of the centrally controlled economic system. In the most traditional or conventional way, we deposit our hard-earned money in the bank so that it is safe. However, corrupt bank officials try to embezzle customers' hard-earned money in various ways. And we saw this during the American economic crisis in 2008.
In the global economy, one country is similarly tied to another country. There, a situation has arisen in developed countries like America. Which has affected the entire world. The American people have blamed the centrally controlled economic system and big banks. At that time, the banks used to give this money to various investment institutions and those institutions used to invest this money in risky businesses. Which they later failed to return. In view of this global situation, Satoshi Nakamoto published a white paper. And tried to convince the world about a digital currency called Bitcoin. He also gave the idea that it would run without third-party intervention.
After that, many more crypto currencies came into the market. But it could not be as transparent and long-term as this currency. The influence of Bitcoin on other digital currencies is felt. Therefore, if the price of Bitcoin increases, the price of other crypto currencies also increases. On the other hand, if the price decreases, the price of other currencies also decreases.
In the global economy, one country is similarly tied to another country. There, a situation has arisen in developed countries like America. Which has affected the entire world. The American people have blamed the centrally controlled economic system and big banks. At that time, the banks used to give this money to various investment institutions and those institutions used to invest this money in risky businesses. Which they later failed to return. In view of this global situation, Satoshi Nakamoto published a white paper. And tried to convince the world about a digital currency called Bitcoin. He also gave the idea that it would run without third-party intervention.
After that, many more crypto currencies came into the market. But it could not be as transparent and long-term as this currency. The influence of Bitcoin on other digital currencies is felt. Therefore, if the price of Bitcoin increases, the price of other crypto currencies also increases. On the other hand, if the price decreases, the price of other currencies also decreases.
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Current amount of Posts: 353
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Many of you may not give an F about this but it is important to me due to what I faced just for buying a domain from Africa.
I tried for weeks to get a card to buy a domain, but it was all rejected. I am sure that if the card was owned by a US or EU citizen, the transaction will be processed itch-free. This makes me abandon the hosting site I wanted to use and searched for the ones that accept Bitcoin.Immediately I sent the payment, it was successful. Thanks to Bitcoin that doesn't discriminate whether you are from Asia, Africa, Europe or US.
Bitcoin recognizes everyone as equally important, as the same.
I tried for weeks to get a card to buy a domain, but it was all rejected. I am sure that if the card was owned by a US or EU citizen, the transaction will be processed itch-free. This makes me abandon the hosting site I wanted to use and searched for the ones that accept Bitcoin.Immediately I sent the payment, it was successful. Thanks to Bitcoin that doesn't discriminate whether you are from Asia, Africa, Europe or US.
Bitcoin recognizes everyone as equally important, as the same.
Bitcoin is not made for any specific group, race or class. It is open to everyone around the world. Bitcoin is designed to be free from government or bank or third party interference. However, the use of Bitcoin is more or less restricted due to regulations, restrictions or infrastructure in some regions.
In that case, it is not included in the rules of Bitcoin. Each service has its own characteristics. Each site follows its own rules. As such, it is natural for the domain or hosting side to do its own thing. However, you have found Bitcoin with your own skills.
Which is called 'Digital Gold'. You have already understood that its transactions are unlimited.
What will be the positive impact of passing the 'Genius Act'?
Cryptocurrency is one of the examples of modern technology. It is popular in many countries around the world. In continuation of this, the Cryptocurrency Bill has recently been passed in the United States. This is the result of many efforts by US lawmakers. For many years, US Congress leaders have been pushing for the regulation of crypto or digital currency. Billions of dollars have been spent to win those who support crypto in this US election. US President Donald Trump was at the top of these candidates. This current US bill has created a regulatory system for a type of cryptocurrency known as stable coins. Stable coins are basically a type of digital currency. Which is usually used to store cash or buy other cryptocurrencies. Government bonds like the US Treasury are used to keep the price of the coins stable. One dollar or an equivalent amount of government currency is placed behind each stable coin.
Each stable coin is backed by one dollar or the equivalent in government currency. US President Donald Trump signed the bill on Friday, calling it a testament to his hard work and pioneering spirit. The bill, known as the Genius Act, is one of three crypto currency laws supported by Trump in Washington. The stable coin bill, known as the Genius Act, and the crypto market structure bill, known as the Clarity Act, have been supported by both Republicans and Democrats. Their support shows that crypto is not just a technological marvel but also an important part of the global economy. However, how much this currency actually depends on will only become clear with time.
Each stable coin is backed by one dollar or the equivalent in government currency. US President Donald Trump signed the bill on Friday, calling it a testament to his hard work and pioneering spirit. The bill, known as the Genius Act, is one of three crypto currency laws supported by Trump in Washington. The stable coin bill, known as the Genius Act, and the crypto market structure bill, known as the Clarity Act, have been supported by both Republicans and Democrats. Their support shows that crypto is not just a technological marvel but also an important part of the global economy. However, how much this currency actually depends on will only become clear with time.
I have come to understand that the countries we mostly refers to as world powers or the big five like USA, Russia, China, Germany etc all deals with nuclear weapons that post treats, fears and minority orientations to other countries. Countries like Arab, Iran, Irag, Pakistan and lots more have powers but do not actually have nuclear weapons to withstand or fight the big fives countries rather it has always be a thing of negotiations for resources, boundaries and scales rather than fights and win battles to know who control the world.
Africa has millions of people but can't boast of any weapons except retires guns and stainless used and abandoned by America's and Europeans, and that's why Africa can not stand for their rights like Burkinafaso today,
You can correct me on this statements.
Africa has millions of people but can't boast of any weapons except retires guns and stainless used and abandoned by America's and Europeans, and that's why Africa can not stand for their rights like Burkinafaso today,
You can correct me on this statements.
Nuclear weapons are such weapons that not only protect the country but also give it the opportunity to dominate the world. The powerful countries of the world are rich in nuclear energy. Nuclear weapons are not only necessary to have, but their proper maintenance is much more important. Otherwise, any accident can happen in your own country at any time. That is why it is difficult for other countries in the world who have money to make nuclear weapons. Again, scientists and engineers who have experience in this field are needed to make nuclear weapons. Since nuclear weapons are a tool to intimidate other countries, the superpower countries of the world do not want them to spread further. If any country takes the initiative to make nuclear weapons, the superpower countries, the United Nations and the International Atomic Energy Agency keep a close watch on that country. If necessary, these countries or organizations of the current superpowers keep countries that are about to become new superpowers in check by imposing various types of sanctions on them.
4) Assets diversification, but be cautious. Some skills or assets are seasonal meaning that it may be profitable today but may not reward you tomorrow no matter the effort you put it. That is why one should try and spread his investment. Only invest in skills or assets that you understand not those that promises quick return or overnight profits
I agree with this point, most persons have been made to believe that asset diversification is the best way to go, they believe it is the best strategy for an escape from the worry of inflation and economic down times but they forget it comes with danger that can be unbearable to some persons who can be considered feeble at heart and even the strong can be broken by what they may have to face at some point because they went into diversification of their assets. Before you ever accept to venture into this, make sure to understand very well at almost every levels the assets for which you are diversifying into because if you don't, you will suffer losses you do not understand and still endup in that position you were running from that led you to attempting diversification. It is better to have a good paying asset that you understand so well and know exactly how to go about it and you are making some level of stable profit from it than having diversified assets that are running looses in a way that you don't understand
Inflation has created frustration in our lives. We have to spend beyond the budget we make, due to which our savings level is decreasing. That is why it is very important to diversify our investments. Diversification in investments is undoubtedly good, but if you do not understand in which sectors you will invest, then your money will become uncertain. If you do not understand where, how, how much to invest in the business and how to get good profits, then the investment will be in vain. Therefore, if someone can understand all the sectors well, then diversification is good. And if someone does not understand so much but understands one or two well, then he should work in that way.
I was ashamed and embarrassed when I heard a Nigerian who scammed Trump of $250,000 and now our government is running here and there looking for the boys, we should think about the future of this boys, most of them are graduates and after several years of job hurting, they could not bear it again because the bad government can not provide jobs and their frustration led them to opportunity of crime scene, though am not in support of their actions and crime but poor leadership and poor economy system can cause their issues of crime. Thank God $40,000 is currently recovered from those guys and instigation is still on going. What do you think about this fraudulent criminals and government? Aren't they the same?
The people of Nigeria are honest, hardworking, and efficient. Fraud occurs in almost every country in the world. Different types of fraud or chaos occur in each country, but Nigeria repeatedly comes to the forefront of discussion and Nigeria repeatedly fails to achieve glory. A corrupt government can completely destroy the political instability of that country, the economy, and even the education system of a country.
When a good government tries to develop its country, no other country can develop as easily as that country. As a result, unemployment is eliminated. Due to which various types of criminal acts are also less in the society. If the world happiness index can be calculated, then Sweden, Norway, Denmark and many other countries in the world have countries that often have corruption-free administrations.
As a result, the governments of those countries are the best in the world in terms of social security system, corruption-free administration, employment, women and children's rights, and the meaning of life.
If you ask what the difference is between the rich and poor, the overwhelming response will be MONEY, this is true but it goes deeper, a major factor is also their mindsets. The rich creates wealth but the poor doesn't, most poor people don't think outside their comfort zones. Rich people invests their money and from the profits they can buy whatever they desire but the poor buys liabilities that depreciates. Rich people builds wealth and it continues to generate money for them, they keep reinvesting and diversifying their income to generate more wealth. But if you give most poor people huge amounts of money, instead of investing it in a profitable investment like Bitcoin they will use the money to buy material things that they have been dreaming of like a car or buying that room size TV that they have been dreaming to own.
If a poor person that has a poor mentality suddenly owns a lot of money maybe through inheritance or hitting the jackpot, they will misuse the money. But if a poor person that has a rich mentality suddenly owns a lot of money they will diligently research and invest the money in a profitable business or investment. From their profits they can gradually afford to buy the things that they've always dreamed of and their assets will be yielding more profits. To become rich you need to think like the rich even you're not there yet, many rich people where not born rich, they were value driven.
If a poor person that has a poor mentality suddenly owns a lot of money maybe through inheritance or hitting the jackpot, they will misuse the money. But if a poor person that has a rich mentality suddenly owns a lot of money they will diligently research and invest the money in a profitable business or investment. From their profits they can gradually afford to buy the things that they've always dreamed of and their assets will be yielding more profits. To become rich you need to think like the rich even you're not there yet, many rich people where not born rich, they were value driven.
Before buying something, you will waste less money if you understand how much you need it. Wasting money unnecessarily or wasting more money on using something that you don't need is a sign of unaccountability.
Rich people are calculating. They plan and make a budget before spending, and their spending is investment-oriented, that is, they buy something that will increase their income. This calculation of income and expenditure means that financial education is the main foundation of future financial freedom. Rich people are influenced by friends and people around them, that is, everyone around rich people is almost at the same level. As a result, if one person invests in one field, others will also be interested in the same type of investment. The rich also learn the lesson of financial management from their friends or acquaintances.
On the other hand, a poor person, even if he has a little money, tries to waste his money in various ways. He buys something that has the potential to waste his money even more. Their expenses remain as expenses, their expenses are not investment-oriented. A poor person cannot learn about investment from his family, neighbors or friends.
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Re: Balancing Financial security and Bitcoin Accumulation
Not everyone's income is the same. There are many people who work as daily wage earners. For example, after working all day, they are given a certain amount of money as salary, they can continue to buy continuously by adopting the DCA method every day. This will not be bad at all. Because all the people who work as daily wage earners cannot accumulate or save much money. Because they have daily income and they spend almost the entire amount of money from it, so if they want to buy daily by adopting the DCA method, then it is not a bad idea at all.
I don't like the idea of purchasing bitcoin daily, especially when the person is not rich. Only a rich investor can buy bitcoin daily based on his cash inflow is large daily. Like the person that you mentioned in your post above should not buy bitcoin daily because his discretionary income will be very little since you said when he gets paid, he spends almost the entire money to take care of his daily needs.It's better that such a person should pile up his little discretionary income for one week and buy bitcoin weekly. This will save him from the stress of buying everyday. If it's someone that lacks discipline on keep money for long, he can give the money to someone he trusts to keep it for him till the week comes to an end.
To invest in any business or any other platform, you must have a good amount of money. And managing that amount of money is easy for the rich but difficult for the middle class and very difficult for the lower class. And it is a time-consuming matter. Many may be scared by the price of Bitcoin, but in the case of investing in Bitcoin, if you only have the desire to invest, it is possible to go a long way.
A daily wage earner can arrange another income in any way. He can live his daily life with his previous income and keep the next income as savings. And it does not take much time. A daily wage earner can buy Bitcoin once a week instead of buying Bitcoin every day. He will not feel any pressure in it.
That is, Bitcoin does not guarantee investment only for the upper class, Bitcoin guarantees investment for people of any class or profession.
The price of Bitcoin has risen so far deserves a lot of praise. It has fulfilled our expectations very quickly. No one can say exactly how much its price will increase this year and how high it will reach. If the world situation improves, it will show something more spectacular.
However, it would not be right to make aggressive investments in haste after seeing the rise in price. If you have a long-term attitude, it is better to invest patiently.
The prices of other coins are also increasing along with Bitcoin, since the prices of other coins have not started increasing yet, so I expect it to go further.
However, it would not be right to make aggressive investments in haste after seeing the rise in price. If you have a long-term attitude, it is better to invest patiently.
The prices of other coins are also increasing along with Bitcoin, since the prices of other coins have not started increasing yet, so I expect it to go further.
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Outrage in Benue as over 100 feared dead in Yelwata
If you have been following the news about the killings going on in the different parts of the country by terrorist groups and herdsmen, you'll not be new about the Benue killings that has become a menace. A situation which has led to many of the Benue indigenes running away and deserting their local communities to nearby towns and cities for safety.
A recent killing happened again on the 13th June, 2025, a destruction of lives and properties that has become a common situation in that part of the country and other Northern areas of Nigeria. But instead of the government to find lasting peace in addressing the fire that burning in it's backyards it's instead find priority in sending a strong message of peace to Israel and Iran about their present conflict. I am not against peace between these two warring nations, but isn't this act by the Nigerian government a misplace priority considering their cold feet attitude towards the insecurities and killings all over different states of the country? What gives them the right to call for peace outside their shores when they can't provide one within theirs? It's as though they prioritize peace outside than inside our country.
If you have been following the news about the killings going on in the different parts of the country by terrorist groups and herdsmen, you'll not be new about the Benue killings that has become a menace. A situation which has led to many of the Benue indigenes running away and deserting their local communities to nearby towns and cities for safety.
A recent killing happened again on the 13th June, 2025, a destruction of lives and properties that has become a common situation in that part of the country and other Northern areas of Nigeria. But instead of the government to find lasting peace in addressing the fire that burning in it's backyards it's instead find priority in sending a strong message of peace to Israel and Iran about their present conflict. I am not against peace between these two warring nations, but isn't this act by the Nigerian government a misplace priority considering their cold feet attitude towards the insecurities and killings all over different states of the country? What gives them the right to call for peace outside their shores when they can't provide one within theirs? It's as though they prioritize peace outside than inside our country.
The violence in Benue started earlier this year and has now taken a horrific form. Although about 100 people are known to have been killed, many more are still missing. There have been killings in the past but for various reasons they have been covered up. This time, the issue has come to light due to the killing of a large number of people. On behalf of the forum, I strongly condemn such brutal killings.
At this moment, the government should not act like a show-off but stand by the oppressed like a true patriot and take urgent action. While it is very important for a leader to play a role in establishing world peace, it is the great responsibility of a leader to save his country and nation by putting aside everything in the emergency of his own country.
Therefore, politicians should work for the greater good without worrying about elections and staying in power.
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Bitcoin helps Nigerians escape inflation by allowing them to save money in Bitcoin which holds value better than the Naira, that loses value due to rising prices and devaluation.
For example:
If you were saving 500 thousand naira in a bank in Nigeria far back 2019 till now the money has lost value however saving that same amount in Bitcoin and holding it till date would have added more value to the money equaling it to millions of Naira today.
2. access global financial opportunities:
Bitcoin helps Nigerians to do online business, or freelance globally without needing foreign bank accounts or dollar approval.
A lot of people in Nigeria are now working online and in different countries while still based in Nigeria and payment of salary is then made easy, most of us here receive payment from our different campaign through Bitcoin.
Bitcoin in Nigeria is not just limited to online, its usage among Nigerians is increasing day by day. Coming outside the traditional banking system, Nigerians are now transacting through Bitcoin, they are earning, saving and investing through Bitcoin on a regular basis. Again, it is used as an alternative to dollars because when buying dollars, the bank or government has control. It is much easier to transact with Bitcoin internationally outside the borders of your own country. Honestly, it is like a blessing for us.