Every day I keep seeing reasons why sticking to Bitcoin is the best option. I am not moved by any project that is not Bitcoin. It doesn't matter what these new projects offer, I already know it's not better than Bitcoin and the juicier the offer, the tricker the trap.
There are good altcoins but it's just not worth it. Knowing which one to bank on and which to avoid is a risk I feel isn't worth it.
Shitcoin/shittoken/altcoin/shitcoin won't be any of your business if you just stick to Bitcoin.

One thing people should stop doing is stop rushing into every new project that comes around. All that glitters is not always gold.
People always want to follow the trend and do what is trending. This leads a lot of people into various scams. What's worst is people don't even try to research to find out what they're going into.

In my country, there's this project that came out about 2 or 3 years ago. I think it's an exchange. They have their token also but it has not yet been launched.
People were using the project a lot and they got really big. They started sponsoring big TV programs in the country. Some people tried to warn about the project but they were termed "haters".
Recently, the exchange somehow converted every customer's asset into their token without even consulting the customers.
That's not the worst part, the worst part is, the coin has not been launched and we don't even know if it will ever be launched, and even if it will ever be launched as they claim, I don't think many people will want to buy that token. So for now we can assume that all those people have been scammed of their money.

I also don't believe it was the sale of their BTC that caused the dip.
I feel it's what other players in the market begin to speculate that can caused the dip, that's if truly they did sell $373 million worth of bitcoin. Imagine how people will feel if a big corporation as that is selling off that amount of Bitcoin.
This is the reason I believe the market was manipulated. I believe the reports that said these are all rumors.

This right here is the best way.
Good thing you told him about Bitcoin and allowed him to make his own decision. Now he is investing not because he was coerced to do so but because he has seen the benefit of Bitcoin by himself as he sees a need to invest.
If he has truly done his research then he understands the risk and the need for patience.

There is no point in making it look like people who don't buy the idea of Bitcoin are not smart or intelligent. Not everyone would buy into an idea.
People should make decisions because they feel it's the best decision at the moment for them, not out of peer pressure or any other reason.

So many loads of bullshit here but this one caught my attention.
What the hell do you mean by this? How do you want someone's money to go to schools, garbage, and Medicare? Is that how the charity works?
Imagine saying people's part of people's salary should compulsorily go to charity. That's some bullshit.
The miners work for every penny they get so whatever money they get is earned.

Manchester City will get better as the season progresses. They are struggling with injuries and they're still managing to win. A lot of people feel Manchester United won't do well this season but I still believe they will win the league.
When Bernardo Silva comes back he will take over the right wing and that will bring a lot of creativity to the team.

Halland is another player people feel won't do much this season. That's not true. Halland might not score like he scored last season but he would score a lot of goals.
My money is in Man City to retain the league.
Liverpool will give them a good run too.

Emotions are not totally a bad thing, but if one can be without emotions in trading and just focus on his unbiased analysis it will be more favorable to the trader.
Emotions can be a barrier to analysis. Sometimes your calculations may tell you something else, but your emotions will tell you something else. On a few occasions, your emotions might be right but it will just be fear.
Emotions like greed, and fear can make you make decisions that you ordinarily didn't want to make while trading and you can regret them later. So to me, it's best if you can just make decisions without any emotions involved.

Politics should be everyone's business.
People who tend to stay away from politics have no idea what they're doing to themselves and their country. It is through politics that every law and policy in the country is passed.
No matter how you are, the outcome of politics affects you.
During elections, some people say they're not interested in any the elections but they don't know that it is through that election that the people who will rule them be selected. Whatever that person does affects everybody in the country. The policies won't only affect people that voted.

The more you think about this the funnier it becomes. The banking sector is a mess, but the government and regulatory bodies act like everything is fine. People are been ripped off regularly from these institutions but the government does nothing.
Banks are used for money laundering and all sort of crimes but the regulatory bodies don't bother about them.
We can go on all day about the crimes committed with and through the banks. Even the banks themselves defraud people of their money.  It's hypocrisy at its peak.

I would have asked what the regulatory bodies are doing about this scheme but then I remembered they're in on it. Not like they're directly involved, but the people supposed to make sure things like this from happening are paid to look the other way.
This is what happens when people are left to do whatever they want.

In my country people don't patronize insurance companies much because of reasons like this. The companies do whatever they want and there is no one to fight for them, not even the justice department.

I've gotten to a stage where I don't freak out in times like this. There was a time when I would have panicked so much, but now I'm a little bit more relaxed about the Bitcoin dip.
I am not happy the price is going down, on the contrary, I want the price to keep going up so I can make maximum profit from the Bitcoin I already have but I can't panic because I know it's just a matter of time.
This should be an opportunity and also an example for those who always feel they are too late to Bitcoin. There is never a time when you're too late when it comes to buying Bitcoin. When you made this post the price was at $26,800, right now it's at around $26,083.
If you're waiting for it to go dipper you might be disappointed, so it's best you buy it now if you have the funds.

This is my point exactly. These people are only making matters worst for the citizens of their country. They won't put the money saved to good use. Instead, they just mismanaged these funds even further. The excuse that they can no longer pay for subsidies is trash. They are just looking for excuses to stop paying.

What's the point of stopping subsidies if everything in the country would become so expensive and increase inflation even further? Most of these politicians don't suffer the policies they make so they go about making any kind of policies they want.

On the contrary, I feel altcoins may have hindered the growth of Bitcoin. The only thing that altcoins have added to the growth of Bitcoin is popularity. A lot of these altcoins invest a lot in marketing and in that people become aware of crypto.
But then look at the disadvantages, these people are attracted to these altcoins and they most likely lose their money and what they do next is write off crypto as a scam.
The people out there that are attacking crypto as a scam today are doing so because of altcoins.
If Bitcoin was the only cryptocurrency, it would have gained a lot of trust and the crypto community would have grown way more than this.

Let's not even talk about how superior Bitcoin is to every other coin when it comes to privacy and decentralization.
Altcoins can make you rich overnight (that's if you're lucky enough and early enough) but in the long run it's not worth the risk.

Learning broadens one's mind. When you are always open to learning, you won't be myopic about things. A lot of people are very short-sighted about Bitcoin and crypto because they have refused to learn. They feel what they know is self-sufficient. That may be true, but if you don't learn you'll never be better than the stage you're in. There's no way in life you can grow without learning. It's just not possible.
Leaning makes you curious, and when you're curious you'll always want to know more.
You won't have a stiff mind if you always learn, but that doesn't mean you'll easily believe everything you hear or read because you have a critical mind. A critical mind doesn't believe things at face value. You'll always find out ways to prove it what you read or heard is true.

The only way you can be smart is by learning. Different people learn at a pace. Don't compare yourself with anybody, it doesn't matter if you're a slow learner, all that matters is that you're learning.

Blaming Bitcoin for crimes is like blaming the internet for crimes committed with the internet. It's like blaming the kitchen knife that was used to commit a murder. It just doesn't make sense.
Crimes were committed before the emergence of the internet, talk more of before Bitcoin.

People have used every single thing you can think of to commit crimes. Religion, political position, government appointment, financial status, fame, technology, just think of anything at all and you'll see that that thing has been used or are been used to commit a crime one way or the other. So the argument of "Bitcoin promotes crime" is dead on arrival.

Pep Guardiola is going to have a lot of work to do this season if his team is going to be at the top. Knowing Guardiola, I know he will come up with something that will work.
He did not plan for De Bruyne's injury and that is going to be very difficult for him.
From today's game, you can see that there is no real creativity from the midfield. Most of the creativity came from the wing.
Bernardo Silva has to step up so much in the absence of De Bruyne. He should be a player solely as a central midfielder. Kovacic is good but he's not daring. He doesn't take much risk and that can limit the creativity of the midfield.

I know Man City will get better as the season progresses, it's what they do. Don't be surprised if they win Newcastle easily.

Man United supporters would have loved to see Maguire leave this summer. Maguire not leaving might turn out to be a blessing in disguise because United has only two center-backs are the moment. Varane and Martinez are the only CBs Man United has now and if anything should happen to them who would play that role? Jones?
Maguire might be a very bad player but he's way better than Jones and he should be there than someone who is not a central defender.

That aside, Maguire doesn't want to leave. West Ham won't pay him the kind of money Manchester United pays him so I guess he prefers staying at United and seeing out his contract while making all the money he can. Everybody is only looking out for their best interest so I can't blame Maguire for wanting the best for himself.

People in my region use payment cards and wire transfers for payment, but a lot of vendors don't trust them because;

1. The network is unreliable.
Both the banking network and service providers' network is so unreliable.
Most times when you make a transfer or pay with your card it takes so long for the beneficiary account to receive the money. Sometimes when it takes this long, the money may be reversed or it might just hang. This can be very frustrating and embarrassing because it might look like you don't have the money to pay or you're a fraud. The worst part is, you've been debited while the beneficiary account has not been credited.
You know how with Bitcoin it would show "pending" if the coin hasn't been sent, it's the opposite with this one. With this, it would show that the money has been sent successfully, while the person on the other end hasn't received it.

Particular banks don't give you this kind of issue, but again, a vast majority of the population doesn't trust them because they're online banks and people are skeptical of those in this region because of past experiences. But I use them anyway.

2. My country is not developed to the level where everybody can go digital. Some shops don't accept any form of digital payment. It has to be cash. And it's extremely difficult to live here without patronizing those shops.


If it was this easy, why was the "cashless period" in Nigeria a problem for the whole country?

It's silly if the reason he doesn't want to sell his Bitcoin is because he doesn't want to be taxed. He would sell it and receive fiat, he's already being taxed heavily in fiat so what difference does it make?


In a time when we wouldn't need to exchange Bitcoin for fiat means Bitcoin has now been globally acceptable as a means of payment. If you're being paid with Bitcoin you'll pay income taxes.
If you buy stuff with Bitcoin you'll pay the VAT and other taxes just as it is with fiat money.
But all these depend on the country you're in.

Madrid doesn't have a convincing defense and midfield. Although they added Bellingham to their squad, the midfield is still not convincing to me. There is not much creativity in the midfield. Modric is the only creative midfielder they have and he's old. They need young vibrant creative midfielders that can play ball. Midfielders that can dribble through the defense, and give passes that break defense. The midfield of Camavinga Bellingham Valverde and Tchouameni can't do that. As things stand Vinicius is the only creative and consistent player in Madrid.
So that saying the addition of Mbappe will make Madrid better than Man City is not true.

All that is by the way.
Why do people believe Mbappe would come to Madrid to play as a CF? It's obvious from his time in PSG and France that he doesn't live that position. He complained about it in Paris and had problems with Neymar for that. Mbappe wants to play the left wing. The problem is Vinicius got that position covered. Now that it's certain that Mbappe won't be going to Madrid this season, let's wait and see how things turn out next season, but it looks as if he will sign a new deal with PSG.