Topic: Why don't you own Bitcoin ? (Read 196 times)

If I follow your thread title eh, owning one Bitcoin no be watin many people fit archive for this we nation o. Current  market price put am around $42.9k and that na around #52meters for we Naira. That no be small money o, na half of APC presidential ticket money be that, lol…
For a nation way many people dey live below minimum wage, na mission impossible even though e possible, no be small kind thing to archive. E go take years cef.
But, the best thing way happen for the system be say, you got dey buy the least sat, dey accumulate am over time and your Bitcoin dream go sup last last. Most persons get there mind fixed on the price of 1Bitcoin and Omo, that thing dey kill dreams, just dey buy small small and accumulate, you go get am last last.
No allow government to border you plenty with policies, do your tithing low key and e go sure.

Thanks for the heads up mate and this is exactly what I intend doing this year as I have already started taking classes under cyber security as this is one of the hot field of the ever growing digital global world. The best thing you can do for yourself is to advance in every way possible because change is a constant and it's better you have a positive change. The world today is filled with lots of opportunities for someone to actually make an end means  but we in third world countries are failing to see this as many are still dependent on jobs that you would work  for someone instead.

You are actually correct where you said bitcoin is not given for free. You know some people thinks that bitcoin is a free money and you don't need to invest. If you are into bitcoin your are already Super Rich. It baffles me alot. And that is the more reason why most people came for bit coin but Whan they see that bitcoin is about you investing your money to make profit there mindset changes from the initial thoughts and even see the reasos to why they believe it was scam. Because they never expected that the hype on bitcon will only end up still investing there money. Truly there is no free money in Bitcoin you must invest and wait for return.

There is no competition in the Bitcoin accumulation or investment world. It's true that some got into it at the earliest stage and others at the later stage yet everyone who got in and hodl for 4 to 6 years is sure of making profit from it. Some people don't have Bitcoin today simply because they are not aware of it or they don't really understand it, but that will change when they fully understand it or has money to invest. Bitcoin is not given for free, you need money to invest in it. Many don't have Bitcoin for several reasons best known to them.

For members of dis forum, e fit be say dem never see money wey dem go use but Bitcoin dats y dem never get Bitcoin ,no be like say dem no like to get Bitcoin because almost every body wey dey dis forum wey know wetin Bitcoin be no like to dey wey dem no get Bitcoin so mainly na because of say dem never get the money naim make dem never get, and reason a..say as tins be now people dey find way to chop fes do oda tins for dia sef before dem go com say make dem com dey invest dia money for anoda tin like Bitcoin and oda investment.

But I think dis forum dey help us get Bitcoin because if u dey for campaign, most of dem dey pay for Bitcoin and like dat na u fit get Bitcoin for ursef just dat some pipo na dey go sell dia own sharp sharp dey use d money arrange tinz for dia end.

Na digital technology be di way forward now to become financially independent to de make money, weda na to take advantage of AI technology or for cryptocurrency, na to learn and sabi am come de make money ontop am. One of di best investments wey person wey know wetin de na to invest money for Bitcoin. Stress no de am at all, just de accumulate and de hold am, if bull run reach you sale am and make plenty profit, or you continue to de accumulate and hodle. E no be like some shitcoins dem wey go waste your money for you, im don prove im reputation as the best and most reliable cryptocurrency wey you go take your money buy.

Their can be a formal introduction of Bitcoin to friends who are willing to listen and learn not the arrogant ones who will only invest just to ease the pressure of you compelling to buy. It will be of disadvantage if much pressure is applied to make them get interested in investing, immediately the price drops they begin to query with immediate action to sell off. The mind of anyone whom you are introducing to Bitcoin should be willing and not being compelled to invest.

Their is no capital invested in bitcoin that will not bring profit , some people believe investing in Bitcoin it must be something that must be big, but I believe that the little that one has to invest in bitcoin that is what one can afford to lose in bitcoin.  In bitcoin investment one doesn't need to invest more than it what can be afforded because trying afford to invest more than what is earned can be a burden to one and it can also affect the investment.  In bitcoin just invest the little you can afford and don't stress yourself to invest all your savings in bitcoin just because you want to make your capital to be big.

Bitcoin is for anyone who has an interest in it. I agree with you that it is not supposed to force someone to invest in bitcoin because anything that happens to their funds you will be responsible for. That is why if you want to introduce someone to invest in bitcoin, you need to guide him through and tell him everything he needs to know about Bitcoin, because some people just introduce someone to invest in bitcoin without telling him the risk involved, which is not supposed to be that why, Which is the reason why if some newcomers with insufficient knowledge of crypto are told to invest, they would simply invest all of their money in crypto because they have been told they will earn and have not inquired about the risks involved.

And if they lose, they will start complaining about losing their funds and saying they will never invest in any crypto again because they will think it is all the same, which is why you will see some people not having Bitcoin in their wallets or leaving their phase open without keeping it in a secret place, allowing scammers to steal their coin. That is why some people cannot own Bitcoin or do not have a risk-taking mindset, and you must become hooked to taking risks in your crypto journey since the more risks you take the more sensible and profitable decisions you will make.

If you take a risk and lose, you will learn from your mistakes, and the next time you want to take it, you will not make the same mistakes, but you will change your strategy. For example, if you invest in bitcoin now and you see the price decrease and you think the price will not rise again and you sell it as a loss, and then you see the price increase higher in a few days, the first thing that comes to your mind will be I should have been patient and left my bitcoin, so the next time when you invest even the price decrease your mind will tell you the price will definitely increase and you will be profitable if you keep it. that is why I said if you take risk you be getting more knowledge but when you are scared you will never succeed on it.

The reason behind why many people preach about bitcoin and not working towards it, is as a result of indecisiveness many people are good in teaching or would I put it as advertising things but releasing money is a big problem. Not that they don't have the money but alway feel that it is risky and alway look for who dey will lure Into it before they would invest. And when they see that the investment is profitable they will think of investing. And by that time it's already expensive to afford maybe it might be x3 or 4 of the initial Price. While some are just sceptical of spending money for what they don't see physically because they think that since the business is not what they can hold with their hands like someone who is selling bread and biscuits, dey will not invest. Because you might come Back tomorow and see that your coin has dropped to zero and becoming valueless or worthless.

I was even thinking of this yesterday. Yes the best skill as at this current generation I think its a digital skill. Because it knows no season, no trend, no competition, crisis/war or natural disaster.

1. No season: just like some business people will make money every season. Just like those who makes money only when it's fruit season like mango, orange, cucumber, avocado, udara, maize and so on. So this people only make the money only on season but Digital skills know no nseason.

2. No trend: just like some business alway have trend which comes and go. Although some online business which comes and go like mmm and others, those are ponzy scheme and not a digital skill.

3. No competition: just like in the local physical market where people always drag for customers of who to buy goods from them. In online marketing there is no competition of draging customer. But your ability to develop a skill of marketing strategy of attracting customers makes you unique. If you have a good marketing strategy you would have more fance in your page for the content creators and have more customers on you online store. Compared to the physical business which brings about enviness and hatred which can lead to spiritual/physical attack. And morover offline business or skill does not remain parmanet because the world is changing. The skill you have today might become outdated tomorrow but online skill can not be outdated.

4. Crisis/war or natural disaster: Digital skill is very important that even in the mist of war/crisis or natural disaster you still have the chance of making money. For example during the time of covid-19 pandemic that people where struggling to survive for the daily bread, I think most Digital skill personnel never felt the impact of the economic situation but where making money online. Even during the time of flood online business was still active as a matter of fact, it even made online business popular. Because I could hear from my close friends that "Omo this flood no go even affect people wey dey do online business oo" because even in the mist of flood where there is no chance of showcasing business to sell physically, people where able to make money online without stress. So with all point given, I think Digital skill is far better than offline skill.

bitcoin was developed for everyone but not to force people to use it. No reason am to force people to invest their money in bitcoin if anything happens to their bitcoin investment you will be held responsible because na you introduced bitcoin give them. But if they use their leg to come to meet you, you can tell them how long they will need to hold bitcoin before better profit will come out.

Money might be the reason why some people are yet to invest in bitcoin, they know that bitcoin investment is a long-term investment, and they don't have enough that will solve their financial challenges, talk less of investing in bitcoin, it might also be the fear of losing their money in bitcoin investment. Some think that it is only whales can own bitcoin since they missed bitcoin when the price was low.

I own some Bitcoin, although is still small but wish to own more to prepare for the next bullrun. But to answer this question, many people fail to own Bitcoin because they think the value is high and their little capital may not be able to buy it. There inadequate knowledge about crypto don't let them know they can still buy and keep accumulating more with the little capital they have.

Person wey don really understand wattin bitcoin be no go even stay on second say e nor buy, except say the money no dey available for that period of time. No excuse is enough for not buying Bitcoin before the halving, if you think say Bitcoin na still scam, do some reading about am.  And if you fon understand am just try make you put small money inside then watch am till the bull run, make you for see wattin you don dey miss ever since. No amount of ignorance should make you forfeit this opportunity that comes once in 4 years, aside that we'll be experiencing little bull after the ETF approval, so make we buy before that time oo, the word is enough for the wise.

The first time I heard about Bitcoin was in 2012 a friends father who travels a lot came back from the abroad and told us about it while educating us he missed out telling us about the volatility.
We used all of our savings to buy Bitcoin and we were super excited at the prospects of being rich soon we bought btc at $47 and it kept on rising until one day the price suddenly slurped we checked our wallets to discover our money had disappeared we taught we lost it all so we did what most ignorant people do and forgot about it and accepted our losses.
Now we both look back and can only wish we knew more then we probably would be super rich right now his working as a sales rep and myself I’m between jobs and we sadly own little to no Bitcoin.

What is the reason you still don't own Bitcoin?

I don't want to be the kind of person who preaches Bitcoin or forces anybody into getting it but, we're all advocates here so...

Most times, when people are asked this question even before you hear things like "It's cause of the risks" or " I don't know how to trade" or "What if I lose my money", you'd hear something like " I don't even have the money". Don't worry, I'm not going into getting a job or doing campaigns on the forum here. I'm going into digital skills.

You may have heard of a lot of ways of making money, and digital skills aren't all that new to most of us. If no one has told you yet, my guy, please go and learn skills. Not just anyhow skills, learn digital skills. That's literally the future of the world.

We started off in hunting, then moved to agriculture, to industrialization and now the world is gradually evolving into a digital one. When people complain that they got fired from work, I start to wonder, no one would actually fire or replace a person who is evolving and developing themselves every day, learning more and more skills every day. You have to be at the top of the chain to survive.

Back to Bitcoin, money gotten from digital skills can be easily invested. This is literally the biggest investment you can make for yourself. Invest in digital skills this year and watch yourself develop every day.

Remember and always remember, make you no gree for anybody this year ooo