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Board Nigeria (Naija)
Why buying Bitcoin in the dip is not always the best
by
TEBTC
on 13/07/2025, 23:12:24 UTC
When it comes to Bitcoin investment it's common knowledge and believe that one has to wait till there is a dip so that one can actually buy as much Bitcoin as possible and wait till the bull run start and sell when the price has appreciated. I can be corrected if am wrong but one thing that I have come to realize is that one doesn't necessarily has to wait till the dip to buy it's not always advisable to do so because not all dip are actually for price correction and there's no particular time that is best when it comes to Bitcoin investment. Here are some facts you need to know about investment in the dip


Opportunity Cost

Tying up your money in Bitcoin during a prolonged dip can mean missing out on other investments that perform better during the time of the dip because one can use the capital used in buying in the dip to invest in other areas such as stocks, real estate etc so buying in the dip can make one to miss other investment prospects when the price is not up early

Catching a Falling Knife
 
Dips can turn into deeper declines not all dips recover on the short term there are some dips that falls dip before recovering so buying in the dip is like catching a falling knife which could be dangerous trying to time the bottom can lead to multiple mistimed entries and larger losses without a solid strategy you could buy too early and suffer bigger setbacks


Dips May Not Always Recover

Bitcoin price can remain low for  as much time as possible  or even experience a longer time period It's important to be aware that not all dips are followed by a recovery and that there is no guarantee of future performance examples was when the price of Bitcoin fell from $20,000 in 2017 to $3,000 in 2018 a dip that lasted over a year which affected alot of investors which where only concerned about catching in on the short price fall to make some gain if you buy the dip too early you might be stuck for a months or even a years as the case may be depending on how long the dip may last.


 Emotional Investing

Dips often trigger fear in the market making investors to act emotional which will make investors to take irrational decision which may be quick  in nature due to the fact that investors wants to catch in on the fall in price poor judgment decision making investments is one thing that is associated with wanting to buy in the dip because there are people who might panic and sell after buying the dip if the price continues to drop.


Market Sentiment and External Factors

 Bitcoin's price can be influenced by other external factors such as economic factors, regulations, market sentiment and even major world political affairs Such as the just concluded united states of America election that affected the price of Bitcoin external events can keep the price down longer than expected, and investing during a dip may require a strong belief in Bitcoin's future prospects.



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Board Gambling discussion
Re: ⚽ FIFA Club World Cup 2025 - USA: Discussion Thread ⚽
by
TEBTC
on 13/07/2025, 21:19:57 UTC
Chelsea beating PSG is a serious upset and I actually did not expect this from them but beating PSG by 3:0 is something out of this world.
Football is crazy, who would have thought that a team that beat real Madrid and atletico Madrid heavily is going down 3 goals to nil against Chelsea.
As a neutral I am actually happy, it is a sense of joy to see PSG take what they usually give to other teams.
Chelsea was determined and there's nothing that the power of determination can't do this is a spirited performance from Chelsea from the blow of the first whistle till the end Chelsea was energetic and running this is to show that they where well prepared coming into this game this is indeed a great upset what exactly went wrong with this PSG team that they could not even score a single goal
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Board Nigeria (Naija)
Merits 3 from 1 user
Why Cold wallet should be prioritized for a long term Bitcoin investment.
by
TEBTC
on 12/07/2025, 22:26:39 UTC
⭐ Merited by Igebotz (3)
When it comes to Bitcoin investment it's always advisable that investors should always go for a long term investment plan because Bitcoin as an asset is volatile and this Volatility helps in making the price of Bitcoin to appreciate on the long run another reason is panic buying  there are people who buy Bitcoin when they see that the price of Bitcoin appreciates to a particular amount, historically it has been proven that long term investment is more profitable So here's why you should use a cold wallet which is a wallet that is not connected to the Internet for storing your long term investment because it's important the type of wallet that you use in storing your long term investment in Bitcoin because most of wallet are subceptible to attack which can lead to you losing your bitcoin assets.

 Offline Storage = Maximum Security

A cold wallet is not connected to the internet, which makes it virtually immune to hacking, malware, and phishing attacks.

Common cold wallets:

Hardware wallets like Ledger, Trezor, Paper wallets like printed copy or a hand written copy ,Air-gapped computers never connected to the internet

You Control Your Private Keys

Cold wallets give full ownership and control over your private keys it's always not your keys and not your coins  if you leave your crypto on an exchange (a hot wallet), you're trusting someone else with your funds.

Ideal for Long-Term Storage

Since they’re not used for frequent transactions, cold wallets are perfect for "Holding you reduce exposure to risks that come from regular internet use that is for wallets that are used for short term investment so cold wallet is the Ideal wallet when it comes to Long term hodling .

Peace of Mind

Knowing your funds are stored in a device or medium that’s disconnected from online threats brings a high level of reassurance this will help you to be at rest and not be too concerned about the safety of your investment especially from scammers .

   Benefit

Offline____   Immune to online threats
Private key_____ ownership   Full control over funds
Less attack surface____   No software vulnerabilities online
Great for large holdings____   Best for storing large amounts safely


 Demerits of using a cold wallet

Less convenient for everyday use ___you need to connect the wallet and authorize transactions manually.

Requires secure backup __if you lose your cold wallet and recovery seed, your crypto is gone forever.

Can be damaged or lost physically __paper can burn, hardware can break.

Post
Topic
Board Nigeria (Naija)
Re: Nigeria Don Finally Recognize Bitcoin as Legal Investment
by
TEBTC
on 12/07/2025, 06:24:43 UTC
This is a welcome development because this move has been over due in the country crypto currency has been one thing that Nigerians has been interesting since but due to the fact that there was no legal backing there has been some set backs as the crypto community has not been given the freedom to operate even though people where into crypto currency so this move is a welcome development as in the Nigerian crypto community
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Topic
Board Nigeria (Naija)
Re: Which Sets of Workers Best Fits the Community
by
TEBTC
on 12/07/2025, 06:10:30 UTC
I don't think that there's any one that is best suited for this forum I think that people from all works of life who are ready to learn about Bitcoin with the view to investing in it on the long run can join the forum because it will it a matter of you creating time no matter how busy an individual is there is always that free time you create for yourself so people from all works of life can join and participate here on the forum
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Topic
Board Nigeria (Naija)
Re: Procrastination of your Bitcoin investment
by
TEBTC
on 12/07/2025, 05:59:52 UTC
Procrastinating about something is always a killer of time and waster of destiny so people should not delay and always say that they will invest in Bitcoin there's no time that is best as far as Bitcoin investment or accumulation is concerned it's better that you invest today that the price of Bitcoin is still affordable because Bitcoin price has been consistently growing over time  so investing it today will save you more resources as it will be cost friendly in the coming days, Don't wait until the price of Bitcoin gets to a million dollars before investing start now
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Topic
Board Nigeria (Naija)
Re: Balancing Financial security and Bitcoin Accumulation
by
TEBTC
on 12/07/2025, 05:46:49 UTC
Balancing your financial security is a good thing while investing in Bitcoin because investing in any business whether in crypto or any other business without giving much attention to saving is no a good practice as it will affect your financial stability and emergency fund should be as a matter of fact be compulsory for any individual who is ready to investing in Bitcoin because there are other things that will also need finance so putting all your money inyo Bitcoin accumulation will be harmful because Bitcoin investment is focused on a long term basis
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Topic
Board Gambling discussion
Re: Premier League Prediction Thread 2024/2025
by
TEBTC
on 12/07/2025, 05:35:12 UTC
seeing chelsea's performance in the CWC has shown that their performance is quite improved, because to reach the CWC final is not an easy thing. but i agree that to see their real performance we need to wait to see how they perform consistently in heavier and longer competitions, such as the premier league, champions league, or even the fa cup.

as for the match against PSG, i'm not so sure that they can withstand PSG's attack. PSG is currently on fire and their mentality is very good. maybe chelsea's fate will also end up like real madrid yesterday, humiliated in an important match.

Of a truth Chelsea has really improved and I believe next season premier league competition they will perform well and may have the opportunity of lifting the trophy, all they need to do is put more determination and consistency, I know clubs like Arsenal, Liverpool and Manchester City will not just allow them to lift the premier league trophy that easily, for now I can only say that Liverpool and Arsenal are the once that may give them tough time next season, but I can't bet on Chelsea winning the premier league title because I feel Liverpool and Arsenal will have a more better chance than them but like they say football is unpredictable anything can actually happen.

...


chelsea's weakness in recent seasons has been their lack of consistency. they're a team filled with talented players, but individual performances often fluctuate. their coaches also frequently change, which makes their playing style constantly changing and makes it difficult for the players to adapt. although there's been a slight improvement in their performance recently, i don't think they're ready to lift a trophy next season, especially against teams like liverpool, manchester city, and arsenal, who are expected to perform better. they'll likely only finish in the top five in the premier league again.

Chelsea is still working in progress so Chelsea should concentrate on getting a formidable team can can be consistent just as you have said Chelsea biggest problem is the way and manner that they change coaches and this has affected their style of play, it will take Chelsea two to three years before they can get back to competing for a major title race
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Topic
Board Gambling discussion
Re: CAF women's Championship ( 2025)
by
TEBTC
on 06/07/2025, 19:44:38 UTC
Code:
[img]https://www.talkimg.com/images/2025/07/06/Uw3ev2.jpeg[/img]

[img]https://www.talkimg.com/images/2025/07/06/Uw3qgc.jpeg[/img]
You incorrectly did your tags, you can copy this and edit it into your post for them to be displayed properly.

You can also give more details about the tournament as I am sure many here are not familiar with it and the image does not give much information.

- Jay -
Thanks noted I think it's a mistake let me try am correct it
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Topic
Board Gambling discussion
CAF women's Championship ( 2025)
by
TEBTC
on 06/07/2025, 19:31:57 UTC
This is the official CAF championship thread.
https://www.talkimg.com/images/2025/07/06/Uw3ev2.jpeg[/img]

https://www.talkimg.com/images/2025/07/06/Uw3qgc.jpeg[/img]

_________________________________________________________
Guys I decided to create this thread that will be dedicated to the CAF women's Championship that just got started feal free to contribute since I see that the women
________________________________________________________Tanzania ,DR Congo ,Botswana, Algeria  Senegal Mali Tunisia, Ghana, Zambia ,South, Africa, Nigeria ,Morocco,
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Topic
Board Economics
Qualities of an entrepreneur
by
TEBTC
on 05/07/2025, 21:38:09 UTC
Entrepreneurship education involves the process of equipping an individual with the knowledge, skills and with the proper mindset needed to develop an entrepreneurial mindset and pursue a business ventures with the sole idea of making profit . The process of been an entrepreneur is a tough process as it requires some important qualities if a person is to become a successful entrepreneur

Here are some important qualities that every entrepreneur should look out for and must possess if they are to be successful.

____Passion
_____Adaptability
_____Creativity
_____Resilience
_____Discipline
_____Strong communication skills
_____Curiosity
_____Networking
_____Risk taking
_____Embracing failure
_____Decision making
_____Optimism
_____Visionary
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Topic
Board Gambling discussion
Multiple threads on the Gambling Board
by
TEBTC
on 02/07/2025, 23:33:35 UTC
 I don't know if am wrong but if yes I can be corrected  but I feel compel to bring this to this board because from the look of things there are allot of threads that are  existing in double on this gambling board which I don't think that is  too good because one thing that doubles threads do is that it takes away that joy from when everyone is commenting on only one threads again there are also multiple threads on some important leagues like the premier League etc please for those who created threads on these leagues  I want to say that if a particular football season ends please make sure that you lock the threads and create a new one adding the current season so everyone can concentrate on the new season . I believe that this is just a Honest opinion for the improvement of the gambling board.

Here are some threads that are existing in multiple times on the board
FIFA club world cup
https://bitcointalk.org/index.php?topic=5521632.msg64811159#msg64811159

https://bitcointalk.org/index.php?topic=5545471.0

English Premier League
https://bitcointalk.org/index.php?topic=5457586.0

https://bitcointalk.org/index.php?topic=5271157.0

Germany bundesliga
https://bitcointalk.org/index.php?topic=1159912.0

https://bitcointalk.org/index.php?topic=1159912.0

Italia Seria A

https://bitcointalk.org/index.php?topic=5546191.0

https://bitcointalk.org/index.php?topic=1159855.0


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Topic
Board Gambling discussion
Sometimes you win some time you lose the game of gambling
by
TEBTC
on 23/06/2025, 17:59:48 UTC
Gambling is one funny game that I have seen yesterday I decided to try my luck on some virtual games on a casino and boom luck shine on me I win a significant amount of money and I was very happy 😊 and decided to try my luck today thinking that I will make more money using thesame strategy but it didn't go well today.

I lost everything that I have won including extra money from my pocket one thing that came to my mind that i want to share with us is  that you don't get lucky every day in gambling sometimes you win and some times you  lose too don't take it too personal or get frustrated gambling is a game of luck.
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Topic
Board Bitcoin Discussion
Bitcoin and war why Bitcoin should always be prioritized
by
TEBTC
on 22/06/2025, 23:08:14 UTC
With the world faced with war and aggression all over the world and with the most recent face-off between Israel and Iran it's important that those who has been skeptical about crypto currency Bitcoin in particular really have a rethink because I was just putting my self into the shoes of the citizens of this two countries which are currently at war with each other this is a full scale war and it means that every where is under Lock down including the banks because at this point now the primary goal of each citizen on both parties is to stay alive and not die , I have seen videos of how citizens are fleeing their homes and countries by running and fleeing from their borders through the mountains it was a pathetic situation currently going on Israel and Iran.

This is where Bitcoin comes in those who has Bitcoin assets in those countries will not worry too much because they can be able to send money to love once and friends via Bitcoin because Bitcoin is not like your Fiat money where you will need to carry around or go to the bank to get


Here are some reasons why you should prioritize
 Bitcoin because situations like this


1. Financial Sovereignty & Censorship Resistance

How it helps>>>Bitcoin operates outside the traditional banking system, meaning it's much harder for governments or other actors to freeze or control in war zones Civilians, NGOs, or dissidents can use Bitcoin to receive funds even if local banks are shut down due to the war just like affected cities are under lock down in the two countries

 2. Humanitarian Aid

How it helps>>>When traditional aid routes are blocked or corrupted, Bitcoin can be used to directly transfer donations to people or organizations in need examples Ukraine has received millions in BTC and other cryptocurrencies from global supporters during its war with Russia and Israel Iran too can get help via bitcoin

 3. Protection Against Currency Collapse

How it helps>>>In war-torn economies, fiat currencies often hyper inflate or lose value. Bitcoin can serve as a hedge or store of value.Civilians might convert local currency to BTC to preserve their wealth when their national currency collapses.

 4. Funding Resistance Movements

How it helps>>> Bitcoin can be used to fund resistance movements that might otherwise be cut off from financial systems even though this has some concerns  as it can empower freedom fighters, but also raises ethical questions if used by extremist or violent groups to get funding and continue to carry out their evil agendas.

 5. Cross-Border Mobility

How it helps>>>Refugees fleeing war can carry their wealth in the form of Bitcoin, stored in a password or seed phrase, rather than gold or cash, which is vulnerable to theft or confiscation and can be lose when running Bitcoin is borderless, lightweight, and can be accessed anywhere with internet access.

 6. Disruption of Economic Sanctions

How it helps>>>Bitcoin may allow sanctioned countries to bypass traditional financial blockade even though this can help innocent civilians, it also may allow authoritarian regimes or aggressors to avoid pressure or accountability.



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Topic
Board Gambling discussion
Re: ⚽ FIFA Club World Cup 2025 - USA: Discussion Thread ⚽
by
TEBTC
on 17/06/2025, 13:23:20 UTC
A bit disappointed Chelsea was not scoring a lot, but happy with the way they played the game. LA FC was not their match, and i think they will be topping the group easily. They have only Flamengo as their toughest opponent in this group. But i think they can beat them easily considering how big the gap in the team's quality between them and Flamengo.
It'd make no sense if if they lost to the LA and deserve the blame. Only hope Maresca will able to give minutes to all of their young lads in this qualifier phase. .

I guess the final table will be

1. Chelsea
2. Flamengo
3. LA
4. Esperance


I honestly believed for a moment that Flamengo could have a bad result against Espérance... The team is currently the best in Brazil, but it keeps wasting clear goal opportunities, in other words, it has a serious finishing problem, even with striker Pedro back... now it's a matter of waiting to see the result against Chelsea, which so far will be the most important match of the season for the Brazilian club.



Flamengo has more team power compared to the Espérance. The result was predictable before, but i believe they will lose to the Chelsea.
They're getting 4.67, while Chelsea 1.80. The gap is huge, right? So i think they will miss three points on Chelsea's game.

Chelsea is gonna win its second game against Flamengo. am fully rooting on them now.  Grin
Chelsea is lucky to be in this group where there are decent oppositions they may end at the top of the group but Chelsea should not be too over confidence because this is just the first game and teams are set to make improvements over time so for the main time they should concentrate on qualifying from this group before talking about winning this competition
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Topic
Board Economics
Re: The Future of the Global Economy
by
TEBTC
on 17/06/2025, 13:09:50 UTC
From history when ever there is a big move that wants to take place like a shift in the world order its always marked with crisis like this that we are seeing in the world today I see a shift in the financial system of the world because as far as am concerned this wars that are going on are all triggered by economic problems and interest so the world is moving forwards the crypto currency age I see crypto currency taking over the center stage of the world
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Topic
Board Economics
Re: In a case where we still have unbanked population!
by
TEBTC
on 17/06/2025, 13:00:35 UTC
Yeah I get your point as there is still a gap between those who are having access to financial institutions and with those living in rural areas which is cut off from the big cities you made a big point but you have to realize something that any who is not having access to financial institutions like having a bank account in the bank in this time will not accept adopt Bitcoin and make use of it , the reason is that there are parts of the each countries that is cut off from the cities which to me is lacking in basic amenities like network schools electricity etc , so it will be difficult for these set of people to accept Bitcoin because they don't know what it means the best thing will be providing these basic amenities to them by government and you will see that they will naturally align with the rest of the country by embracing the banks and crypto currency will follow suits
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Topic
Board Nigeria (Naija)
Re: Not taking any risk is a bigger risk
by
TEBTC
on 17/06/2025, 12:47:19 UTC
One thing that newbies or people considering coming into crypto currency should know is that there is no profession that has no risk, risk is part of life so that should not be a parameter for anyone not to invest in Bitcoin, I think that sometimes we need to take the risk so that we know and understand how a thing is but coming to Bitcoin Bitcoin has gotten to a place where you can't consider investing in Bitcoin as risk because it's one of the top assets that is always been traded all over the world so take that bold decision and start your investment journey with Bitcoin
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Topic
Board Nigeria (Naija)
Re: Your best advice regarding Cryptocurrencies
by
TEBTC
on 17/06/2025, 12:39:45 UTC
My best advice is for newbies to always invest money that is left over or money that is in reserves because don't use money that is ment for solving problems or money that is supposed to be used for running the home to invest thinking that it will bring profit to you in a fast way that is wrong so people should always use Dollar cost Average (DCA ) or systematic investment which involves using a fixed amount of money to be used for the purpose of investing over a time interval which to me is cost and even economy friendly so newcomers to the crypto space should learn this because it will be helpful to them
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Topic
Board Nigeria (Naija)
Re: The role of Bitcoin evengelism and advocacy championing mass adoption of Bitcoin
by
TEBTC
on 16/06/2025, 22:13:49 UTC
Haven't you Heard about the news of how criminals now target bitcoin influencer physically imposing threats to them and their loved ones? Yes there's a need to spread the word about bitcoin, but in a country where the rate of insecurity is very high, I don't think I would advice any to put himself in such shoe.. even in the developed countries, criminals still are able to pull off such acts, what more in a county like Nigeria where we barley have a good emergency service?

Fact here is that bitcoin has long past the stage where it needs anyone to promote it as a future technology. It now speaks for its self and at that, anyone who probably haven't heard about bitcoin just might not be interested. And trying to, like you said; evangelize  Roll Eyes, they would probably call you a scammer trying to sell them something that doesn't exist..

If you come across someone that needs help, then you might try to assist them. But don't go about trying to spread a word of bitcoin to unknown individuals. It makes you a target because the public has this mindset of anyone who understands how BTC works literally must own. And truly most knowledgeable individuals or bitcoin literates owns a considerable amount of bitcoin.. so it's a no for me.. stay safe.
Off course there are risks and am fully aware of such but the point that I was trying to make is that Bitcoin will not get to the point that we expect it to be in the future if proper information about Bitcoin is not shared with people around you especially in correcting the negative knowledge or information that people have about Bitcoin