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1  Economy / Economics / Re: How to improve your condition? on: May 19, 2024, 03:32:47 PM
Well, every other person seems to be saying that it is your fault that you are poor, improve your condition yourself, but no one tells you how to improve your condition when you are living in a country where there are places where you have to pay tax on even breathing. How to improve? How to make money? How to get rich in a rising inflation?
 
I belong to a country where jobs are non-existent, offline work is not something that can earn more money with less work or even with more work, it has become very difficult to earn a living with dignity. Online jobs are not allowed in our country, especially trading, so my question is, what job can a person do and improve his condition?

I have heard from everyone that it is not your fault to be born poor. Still, it is your fault to die poor, so my question is after so many restrictions, how can you survive without any opportunities or become rich and how can it be your fault if you are talented and well-educated and you don't have people to bribe or recommend? You are not given a chance anywhere to show your ability and any work that is online can't be done because your government doesn't allow you and if you do it, all authorities and forces will fall behind you.

Regards
SK

" Life is tough, get a helmet"...

If living in your country is tough, you have to find out how the ones who are rich learned to survive despite the struggles. I don't believe anyone was born rich, they were just born in a little bit favorable condition, that's all. It is easier to wish we were born in such a condition but, instead of wasting your time in such a manner isn't it better to start doing something? Learn how the one who made it made it. Knowledge can never fail you. The man who knows, who has information has a little bit of an advantage over the one who doesn't. Even rich people lose their wealth, but the man who is knowledgeable and wise can never be poor.

So, that's my advice to you. Study the life of the people who made it. Study the market, study the highest paying skills... Ad so on.. most importantly, take action. Wishing and thinking won't make you rich. Doing would.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: is it still risky to Invest into Altcoin now? on: May 19, 2024, 03:18:09 PM
I would like to brief about the current market situation as there has been surge in value of altcoins a much higher surge compared to Bitcoin and many would have utilised this momentum to gain profit but if we look at the other side if you just look for top gainers you will find altcoins with top surge but the next day or after few days if you check the top losers you will find the same top gainers in this list as well. So there is a price increase for altcoin but not a established one like Bitcoin, because we have not seen dump in the value of Bitcoin for over an month now but Altcoins has been pumping and dumping and in my opinion it's not worth to make entery for long term as of now it's good only for quick profit whole being very active. What's your opinion ? Shall we invest or just involve in quick trades ?

I think investing in cryptocurrency as a whole is a risk.  So, even if it is risky to invest in altcoins now if it turns out cool, then the returns would be really high. You know when the price of Bitcoin increases so does the price of other cryptocurrency. And even afterwards comes the altcoin Eason which is like a blast of altcoins, but at the same time, I'd never advise someone to hold altcoins for a long time. Of course, unless it's Ethereum. I'd only say trading altcoin is the best, just as hodling Bitcoin is the best.

So, even if the prices are more unstable than Bitcoin, it's not risky to invest in it. But be sure to watch the market very closely so you don't lose you're investments.

3  Alternate cryptocurrencies / Altcoin Discussion / Re: What are your doing for now? on: May 18, 2024, 06:02:21 PM
Start of January is like blessing for crypto market. Crypto market start pumping from last few months but in January, it speeds up. Even Good news like Bitcoin ETFs get approved a days ago. But suddenly market gets unpredictable. I mean it went to correction mode, and then get recovered. then dump again And now trying to pump. Situation is confusing. So what are you doing now?

1 Buy Altcoins from Dip
2 Selling altcoins, to buy more cheap during halving
3 Doing DCA Only
4 just watching the market like me

Lol... It's number 4 Cheesy. I'm watching the market like you. But it seems reasonable to be doing number one at the moment. During the Bitcoin pump, the prices of altcoins increase, and after the Bitcoin pump dump comes the altcoin's season. It'll be wise to buy or acquire some altcoins at the moment. But instead of hodling them, trading them or keeping them and watching stats for their prices before selling them would be way nice. It's even way nicer if you mine those altcoins and tokens before they launch. Just a few days ago, Notcoin launched leaving its miners and owners with a little cash at hand. That'll be nice instead of watching the market idle.
4  Bitcoin / Bitcoin Discussion / Re: Does the world know about Bitcoin? on: May 18, 2024, 05:52:23 PM
To me i think there are some part of the world that still don't know anything about Bitcoin, because there are people in USA, UK, Australia, Canada, China,etc. even in Nigeria there are people that don't know anything about Bitcoin, they always think that Bitcoin is a scam, but people that know about it are making thousand of Dollars,($) I think they don't know that we are in a digital world now.


Do you know why the price of Bitcoin has been increasing? The price of Bitcoin has been increasing because more people are currently investing in it. The higher it's popularity, the higher it's price. It doesn't really matter, and it's not our business if the entire world doesn't know about Bitcoin, or knows but believes it's a scam, deal with, some places in the world aren't even developed to have phones. So, instead of focusing on unimportant stuff, why don't we focus on who knows and believes in it and focus on increasing our crypto assets, yeah ?.... Yeah.
5  Local / Off-topic (Naija) / Re: A Skill or a degree on: May 18, 2024, 05:42:50 PM
Plenty reasons why skill dey important pass degree na say di job market dey always change. Wit new technologies and methodologies wey dey develop every time, many of di skills wey people bin dey consider important before fit no dey relevant again. As result, employers dey look for candidates wey fit quick quick learn and adapt to new skills, instead of people wey get degree for specific field.

Again, degree dey often refer to broad category of knowledge, while skills dey refer to specific ability or expertise. Employers dey find people wey get specific skills wey go fit meet di exact needs of their company, instead of general knowledge wey fit no dey useful.

For conclusion, even though degree still fit dey important for many people wey dey find job, e no be everything when e reach to get job or move forward for career. Employers dey look more and more for people wey get specific skills wey go fit apply directly for the job and fit help the company succeed. For today job market, e dey important pass ever to focus on develop skills wey dey demand, so you go fit increase your chance to get job and move forward for your career.

Both skills and degrees are extremely important, so I don't see any reason why we should pick from them. If a skill is said to be the ability to do something well or technique acquired, then a degree is a form of skill. Think about it, doctors can't do what lawyers do, and lawyers can't do what Economists do. Your degree is a piece of evidence that you've learned a special socially needed skill. There are several opportunities one may lose for not having a degree. Economists are usually hired for their extra data analysis skills.

So, endpoint degrees aren't everything and skills aren't everything. Both are valuable and needed.
6  Economy / Economics / Re: I need my lambo now and manson and yahct life too short lets do it on: May 18, 2024, 05:29:31 PM
Guys i need my lambo and yacts and mansions now i can't invest and wait for 10 years and even it's not sure i get
Life is too short we the crypto people need Act together
Let's make coins and airdrop to each other
We can talk all the Property owners give them nice airdrops so they buy lambos and they take rent money only in our coins and we as associated in this get also a lot airdrops time is ticking Im on crypto and no lambo and no yachts while people in other business have all Its time to make us rich we been here long now or never.
It's not difficult guys make coin airdrop this to mercants amd property owners so people who pay rent will be forced into using only coins we make
So make coin and airdrop to each other now

Uuff...

Calm down, where are you running to? Have you been diagnosed with some kinda terminal disease? It's cool to be ambitious and all, but...

Imagine having your Lambo and mansions and all and losing it the next year, or two. That'll be tragic, yeah? The process of gaining wealth is very important too. Why settle for short-term enjoyment, when you can live a successful life doing what is right? I'm not much of a motivational speaker, yeah, but I'm just going to say, you have to calm down and be patient. What gonna come will come. Focus on progress and not these short-term results, and learn, learn. I'm very sure you're not leaving this world soon, so calm down and plan for your future. Sure, you want some things now but don't neglect the future, and don't plan too much for your future and neglect your present. It's all about balance. So balance it, and be patient.
7  Economy / Economics / Re: This Will make you rich on: May 18, 2024, 05:19:23 PM
I feel like the thing that 1% of the population who are top winners and top losers are doing is acquiring information and learning.

Yes, you hard me right, they are both learning, but one happens to be learning the right thing, while the other is wasting time learning the wrong thing. They are both doing the extremes of whatever they are doing. We have to know what to learn and what not to do. We live in a world where Information is everything and we get so overwhelmed by it that we don't even know what we're doing anymore or what we believe in anymore. Learn, the right thing, read the right books, listen to the right stuffs, and take the abnormal route. This advice is for people who want to be extremely different, Rich, and lonely at the top. It's a bittersweet success, just make the decisions that matter to you.
8  Bitcoin / Bitcoin Discussion / Re: How to get your Dad (or Mom) to buy Bitcoin? on: May 15, 2024, 06:05:06 PM
This is so long, it's difficult to assume you wrote it yourself  Cheesy. Anyway, my parents already believe in Bitcoin. Well one of them more than the other, though. The thing is, you know it's way easier to buy them and keep them yourself for your parents, yeah? But if it's for awareness and knowledge sake, then I think the best way is to let them know how the traditional banks are starting to fail, first. That'll get them engaged since everyone can relate to how traditional banks are becoming less effective ( especially in terms of savings) these days. Then, let them know there's a solution, and teach them how to buy and keep their savings there.  I don't think it's honestly that hard to educate and help them. Some of them may be stubborn at first, but of course, you shouldn't go to them without proof that it's not a scam.
9  Bitcoin / Bitcoin Discussion / Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do. on: May 15, 2024, 05:55:24 PM
Bitcoin is the best cryptocurrency in the world right now and a lot of people has developed interest in it.

A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.
Bitcoin will grow more bigger and stronger as the day goes by, people who had opportunity to invest in it 10 years ago and never did are regretting it till date, accumulating as many Bitcoin as possible will be the must wise thing someone will do than trading it.

Am not saying those that trade Bitcoin are not making it big but accumulating Bitcoin is a lifetime investment and it will be more profitable.
So don't be confused anymore accurate as many bitcoins as possible and hold on to it.


I read somewhere on the forum today, " Wealth isn't money, it is value". Now, the thing is trading is making money, while holding or accumulating Bitcoin is making wealth. Trading gives you momentary funds, and hodling saves your future. You know what's funny, at the end of the day we all trade Bitcoin, cause after holding for so long, you can't get your value, and your wealth without trading or selling it off to someone. But that's not the point. The point is, if you want more you should accumulate. It's not that difficult, it's just like saving for the future in the bank, yeah?

So, any day, anytime, I would pick accumulating Bitcoin. Trading doesn't hold much significance, unless when I buy more to accumulate more.. lol Cheesy
10  Bitcoin / Bitcoin Discussion / Re: Bitcoin Will always Survive on: May 15, 2024, 05:46:32 PM
That's right OP, Bitcoin survived, has been surviving, is surviving, and will still survive in the future. I honestly feel like the advantage Bitcoin has over most or all other cryptocurrencies, is that, apart from the fact that it was created by a very important person, it was created by an anonymous person. It's program can't be changed, fixed, or edited, therefore making it difficult to influence. The only thing that influences it's worth is the investor's investments. The more the investments, the higher it's prices. The lower the trust people have for it, the lower it's price. Bitcoin, can't be changed, making it an alternative, no company or government can take it own it, it's just there. And since that is it's nature, that's one reason I know, it'll always survive.
11  Bitcoin / Bitcoin Discussion / Re: Why you should only hold Bitcoin on: May 15, 2024, 05:37:55 PM
Yes, the information on this thread is so true. To be honest, while a lot of people still don't believe in Bitcoin and still call it a scam, Bitcoin may be the only cryptocurrency I have a very high percentage of trust in. A lot of people's experience with some of these failed cryptocurrencies may even be the reason why they don't believe in cryptocurrencies anymore. Don't get me wrong, you shouldn't, cause of this believe that altcoins are scams too. They're not. They're just not as strong as Bitcoin. Some of these are good, like too good and trustworthy, Ethereum, but not all of them are food enough to be HELD for long.

In finance, people spend, and save/ invest, in cryptocurrency, people trade and hodl. You can very much trade altcoins, but I don't think it's such a wise idea to hodl them. Bitcoin should really be the only crypto you hold for long. You can do you if you feel some altcoins are worth hodling. This, at the end of the day, is just my opinion.
12  Economy / Economics / Re: Money and wealth is Energy know this first on: May 15, 2024, 07:51:37 AM
Wealth are not gambling or chasing the quick profit.
Wealth true strong wealth it's like energy creation of value+utility + hard work + quality+ and finest craftmemship.
Not just money and material things but everything even what you eat how you treat yourself.
The success and wealth it's all your lifestyle and how you also respect and treat yourself.
In life things happening to be the way that everything comes full If you are poor it's not just money problem you need better healt better education and better friends around you and more good vibes more quality and more value in material things and in knowledge and Even in your time.
In otherwords If you seems to not making money you have to change everything.
When it comes to investing in crypto or anything else those who really search for utility and value Will be winners.
I have learned hard way that money comes when i focus on value knowledge and hard work.
So If you surrounding yourself with people who value their time and they seek for quality and value then you connect with same kind of people.
People tend to think that If they see ultra super wealthy person and see the numbers that there is main thing money but it's not there is high value high quality of everything you have wealth more how you value your life your time and who you associate.
So in crypto it's fun to search fast gains but to be honest you make more wealth with patience and focusing in value and quality.
So the truth is you have to become quality minded person forget about numbers just focus on whatever you do it's associated with value and quality and utility

This is really rich. I like it, especially the second paragraph. I once read a quote that said, you can't have a leg in your old life while trying to change just one thing about yourself. Say, you're trying to change your health status and your knowledge base is a mess or your finances are a mess, every other thing will follow suit. It'll be very frustrating too. If you want to change a thing about yourself, it's the same as wanting to change your entire life. And giving value, producing, and providing value is at the core of it all. All parts of you need something valuable and have to give something valuable for you to earn more worth ( money). Making wealth is really not that easy, since you're gonna be changing your entire life and view, huh? But it is what it is, and I know that imma make it.
13  Economy / Economics / Re: Digital Bank on: May 15, 2024, 07:41:00 AM
I honestly always thought digital banks were just traditional banks made easy with phones and other devices. So, either one of us is getting this all wrong. Why exactly would I trust a bank that was made, founded, and runs just on the internet? They won't have customers at all trust me, and it'll be difficult too to have employees, so the difference between traditional banks and digital banks isn't that the first has a building and the other lacks it, it's that their services aren't location bound, it's limitless being on a software program. Digital banks most definitely have buildings where daily operations take place and that's how the mobile services are run.

Unless you're trying to make out an example of a literal bank and another kind of bank that's like the Bitcoin network. Mind you, nobody even knows who made Bitcoin. I bet if the Bitcoin network was part of an organization, it would have been influenced in so many ways by now. But that is not the point. The point is that, if the Bitcoin network were a digital bank, it'd still have a headquarters house to run it's operations. So, that's what I think the difference between digital and traditional banks is all about.
14  Economy / Economics / Re: It's better to invest now than to regret it in a hospital bed. on: May 14, 2024, 05:21:01 PM
Yes, investments are really important. Everyone invests in one way or another. Because investments are like sowing and we all sow, whether it's in our finances, health, knowledge, relationships, etc. Investing at the right time is a win-win. But it's also never too late to invest. Investments come from money saved, making savings just as important as investments. You barely can invest what you haven't saved up or worked for.
So, just like OP, I also urge us all to save and invest in ourselves, we don't have to wait until there's barely any fruit to reap before we sow.
15  Economy / Economics / Re: Bitcoin prospects on: May 14, 2024, 05:13:13 PM
What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?

Bitcoin's doing great. A lot of people might say there's no limit and stuff like that, but I honestly think the fact that it is an alternative to money and finances, it'll always have limits. In fact that's it's limit. The fact that Bitcoin is not centralized, would make it difficult for some people to believe, trust, and acquire it. Not that even I myself want it to be centralized or anything but that's actually it's limit.

In the cryptocurrency market, the higher it's popularity, it's investors the higher it's price. Bitcoin's price is already going up but with the fact that there are still people out there who are against it and think it's some kinda scam, it'll still have it's limits. Take gold for example, it's been used for a long time. No one on this planet can say gold is a scam. Sure there's real gold and fake gold, but gold is valuable to everyone.
16  Alternate cryptocurrencies / Altcoin Discussion / Re: Selling BTC for Alt Coins? on: May 12, 2024, 11:15:20 AM
I have around 2.1k in btc rn and was wondering if I should sell it and invest in a couple of altcoin projects, would that be a good idea? I know Bitcoin will never ever do another 5x in the near future haha so that's kind of why I would wanna sell. The market cap of btc would have to reach a very high amount for it to be life-changing money to me.

When I read the topic of this thread, the follow come in my head was... " Is quite dumb".

If for personal reasons, you think that'll be a good idea, then fine, go ahead, but if it's for financial reasons, considering where Bitcoin is now and is still going to be, I personally think that's a freaking dumb idea. Investing in 5 separate altcoins won't be able to even reach Bitcoin, so like why?

I honestly think you should continue to hold Bitcoin, make more money, and invest in altcoins, as you wish to do. But liquidating your Bitcoin holdings only to invest in altcoins isn't really a smart idea.
17  Alternate cryptocurrencies / Altcoin Discussion / Re: Binance launches Notcoin (NOT) on launchpool. on: May 12, 2024, 11:07:57 AM
You can stake BNB and FUSD to farm NOT coins. Tap to earn mining rewards. Listing will happen on 16th and trading will start from 12:00 UTC. Including Binance two other exchanges OKX and Bybit will list NOT coin. Those who had mined the coin will be able to claim them on the listing date which is same for other two exchanges.

What do you guys think? Will NOT pump after listing or will it get dump?


It's really good, the work the developers have put in, and of course, their marketing committee. May not be too sure of the date you put forward, cause just yesterday, a friend of mine was talking about her claiming her coins. Maybe I heard wrong.  But it's a good thing their going to be listed. For years now a lot of other coins have been carrying out lots of activities to help their being listings on Binance and other platforms, but to no avail. Still on the topic, has Pi coin been listed? Last time I checked a lot of people were still mining their coins.

By the way, I think NOT will definitely pump, and if it's popularity increases, it would barely dump afterwards even if it's price fluctuates to the decreasing side.
18  Alternate cryptocurrencies / Altcoin Discussion / Re: Three gems in my view on: May 12, 2024, 10:59:03 AM
Sui, Arbitrum, optimism I guess you guys are fimilar with there 3 altcoins, which are less then 1year old, launched in 2023. When i track their performance i feel wonder cause they are owning layer-two blockchain and their growth speed is very higher then others good Altcoins. I found these altcoins Valuable for holding. What is your opinion about these altcoins? Are you holding any of these or have any plan to buy?

Yes, have probably heard of the first 2 somewhere, but not the last. Judging from what you've said OP, you've definitely carried out your research to know how good and successful they are. Barely are there altcoins valuable for hodling. If there are I'd say it'll be amongst Ethereum, Dogecoin, and Litecoin ( personal preference), but anyways, this may be promising too.

I'm not hodling any of these nor do I have any plan of buying any of them now, but let's see what the future holds for these coins. Maybe I may be a holder of any of them in the near future.
19  Alternate cryptocurrencies / Altcoin Discussion / Re: what things can do if i hodle for long time crypto on: May 11, 2024, 11:50:52 AM

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do

The crypto market has existed for a very long time to still be scared. You can start by dropping a little bit of the information research. Stay away from videos and texts that'll make you sacred. If you come across some of them unexpectedly, you should always tell yourself that after every dump is a pump, and the more you wait, the more you gain.

You can also lock your assets. I think alot of wallets have such features and if you'll still feel scared or tempted, you can purchase a hard wallet. Very useful and safe.
20  Alternate cryptocurrencies / Altcoin Discussion / Re: Who's responsible for the dead coins? on: May 11, 2024, 11:02:42 AM
Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?
Rumours goes around that it's the developers intentions while done days it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.

So, who's responsible when the Coins dies?

I feel you may have asked and answered this question, but then...

When a coin comes into the market, what determines its price and how good it is, is it's popularity, and how many people are willing to invest in it? This makes the coin more trusted, more popular, and more valued.

If a coin comes into the market and due to some reasons, people are unwilling to invest in it, it'll lead to it's death and it's dis-listing. But what causes people to not invest in it is definitely a fault in it's programming, which is its developers or its marketing team's fault for not promoting it properly. People won't want to buy it cause no one would want to buy it from them. Although, most of these coins experience a short-term pump and leave, people's little trust in it makes the pump and death easier.
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