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This is one of the problem that lack of knowledge on what you are investing on will cause you. He lost his funds either due to his wallet compromise or he sold off at the wrong time due to FOMO. Many bad scenarios are related to bitcoin, of which it wasn't bitcoin that caused it but their own carelessness and unsafe practice. I guess that he used the family funds to invest, instead of using only the amount that he can afford to lose, this is how people that uses money not meant to buy bitcoin for bitcoin purchase would end up in one regrets or the other. If you are a family man and don't have spare money to invest never use money made for the family responsibilities or family saving to buy bitcoin because it isn't only your funds. Bitcoin investment needs patience for it to yield profit.
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Trust is all that matters on whoever that you are handling your seedphrase to, because one must finally pass on and leave his bitcoin behind for someone to inherit. When your seedphrase is in the hands of trusted person, then your bitcoin is safe but if it icn't in the hand of someone that you trust, your bitcoin will be gone for life. If this method works for you fine then go ahead. Everyone will have their different method on how they can transfer their bitcoin to their heir for inheritance, and emost people will come up with different suggestion.
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The validation is used for nodes, while the word confirmed is used for transactions. Miners will always add transactions with high fee in their block so as to get a higher profit, when it is confirmed. This is why it is important that you use a wallet that supports RBF and CPFP, like electrum wallet. Here is a guide by 1miau on how to go about with your transactions for a low fee. Make sure you avoid wasting BTC for too high fee |
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OP, your are welcome to the forum. Those words that are used here are cryptocurrency words, you are new here and that is why you are finding it difficult to understand those term. It all happened to everyone that came to this forum without any knowledge on bitcoin. So I will like you to do your own research on any word that you are just coming accross for the first time. You can take your time to study more on the forum, so that you will get use to the terms and thier meaning. A-Z Mini Cryptocurrency DictionaryThese are forum words written by The Cryptovator Definition of short Abrreviation words used on the forum, Everyone should knowOP, you should only comment on discussion have you have knowledge on, so that your post won't be feleted by the moderator because it will definitely be off topic |
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Anyway, Real Madrid are now in first place in the standings and have managed to win all the games that they have. Yesterday Sociedad were able to score the first quick goal and it looked like Madrid might lose, but they won. So it seems to me that even without Benzema Real have a great game.
Real Madrid's greatness does not lie in Benzema, even though last season Benzema was always a mainstay player at Real Madrid and this season the Real Madrid coach is very aware that the Real Madrid team must be able to appear strong even without Benzema. Now this has been proven through the five matches at the start of this season where Real Madrid was able to win all the matches, although not in an easy way because Real Madrid's struggle in winning the five matches at the start of this season was very visible. After all, of course, it has been proven that Real Madrid are doing just fine even without Benzema because yes, the fact is that Real Madrid managed to play the first five matches of the season without defeat. So yes, it's obviously a very good result but even so, I think Real Madrid will also experience some problems as time goes on. Because I realize, to maintain a winning streak throughout the season is not easy. But yes, if the Real Madrid squad is not much and not often injured, then at least Real Madrid still has a chance to be able to win the La Liga title this season. Although still, competition with Barcelona in the La Liga title race will not be easy. Better things can always be expected from Real Madrid. And Real Madrid has won the most La Liga Championship. Barcelona is a famous team but Real Madrid plays much better than them. And for this reason, they should have won at least 2-0 in today's match. But it doesn’t matter Because Real Madrid played well, because Real Sociedad is a bit stronger team. Although Real Madrid is playing well, they are not able to overtake Barcelona in terms of points. Real Madrid need to win one more match to overtake Barcelona The rivalry between Barcelona and Real Madrid has been known to everyone for years. One of the strongest team rivalries in the world is between them in La Liga. That's why the qualifying race is more important than ever. Looking at the standings, there is only a 2-point difference between them and both teams have very important victories. They must maintain their differences between themselves until El Classico. Barcelona dropped points in the opening match of the season. On the other hand, Real Madrid team has won 5 matches. It will be very difficult for Barcelona to close this 2 point gap. Because Real Madrid team is consistently playing well in every match and getting full points. Their next match is very important for Real Madrid. They will play against one of the strongest teams in La Liga, Atletico Madrid. If Madrid can win this match, then they will be able to keep the top spot in the table for a long time. The Barcelona vs Madrid match will be in the last week of October. We will have to wait until the El Clasico match to find out which team is the most deserving of this year's title. Only 2 points gap between two strong teams but the difference is very competitive. However, Real Madrid have to be praised this season. After winning five matches in a row, they are still occupying the top spot in the points table. The confidence that has been created among the team mates due to their consecutive wins will surely influence the next match as well. In the last match, Real Madrid played against Real Sociedad where Real conceded 1 goal in 5 minutes. Real did not get a goal in the first half, but equalized at the beginning of the second half and Real took the lead in 60 minutes. The upcoming match on October 28 will be one of the most exciting matches of this season where we will see these two big rivals Real Madrid and Barcelona together. It is clear that Real Madrid is on the lead and they now have more advantage over Barcelona currently to stay on top, because they won all their five matches. Assuming Barca didn't draw their first match, goal aggregates would be used to know who is on the top of the table. Despite that Real Madrid don't have a good striking force but they were able to top the table which shows that they would have dine better than this assuming they have the strikers in their positions. |
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Somehow Arsenal always lose when facing Man City. The best result for Arsenal when facing Man City was only a draw in normal time. And I think it will still be the same now. But there is one way that Arsenal can win the title this season even though they still have to lose against Man City. Namely, Arsenal cannot lose to any other team besides Man City. And yes, the match against Tottenham will be a challenge and a test for Arsenal. Do they deserve to win the title or not? If Arsenal loses to Tottenham. So I think Arsenal will also experience many defeats by other teams. M.Arteta is indeed in good spirits this season. But he still had to make a good strategy without loopholes. Because currently even Liverpool and Tottenham seem to be closer to winning the title this season.
Manchester City has continuously been a formidable force in the Premier League despite Arsenal good start to the season. The pressure to keep the top spot can be great but City has previously demonstrated resiliency. The capacity of Arsenal to contend for the championship will undoubtedly be put to the test in subsequent games especially against challenging opponents like Tottenham and Manchester City. The optimism of Arsenal supporters is understandable but they should also take into account the team previous troubles in title contests. It will not be simple for Arsenal to unseat Manchester City the current leaders and take the top spot. Winning the Premier League title is not an easy task for any team. Even for Manchester city, it is very difficult. Manchester City is in very good form this season like last season . City are now in possession of the top spot in the table after winning all the matches. However, Manchester City has a busy schedule in the future. Manchester City's aim is not just the Premier League title. They also want to win the Champions League title. So it will be a bit difficult to maintain consistency in both places. Arsenal, Liverpool, Tottenham each team performance is quite good this season. Looking forward to see which team is able to maintain the consistency of their performance. All clubs from top 1-8 on the table are aiming at two trophies and not only Manchester City. What differentiate the club is the ability to be able to play with consistency in both competition. Manchester city has always being able to overcome any challenge from the EPL clubs and that is where they have more advantage over other clubs due to their strong team and good coach. We know how difficult it is to win Man City, especially since last season that they have being in their super form. It will be for Arsenal to win Man City and I don't think that City will just seat down and allow Arsenal win them because every match counts to them. |
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But I was wondering if this only happened in my country or in your country too?
In Nigeria, it has not been easy for the citizens. Not only the food price, but everything seriously is going even higher every day, and people are suffering. Both farmers and companies producing food are here. You know, in some places, if you are close to where something has been produced, you will find it easy and cheap, not like people that are coming far to purchase those products, but here in Nigeria, whether you are coming from far or close, it is still the same thing when we purchase goods, and right now it's raining season in Nigeria. We don't know how the dry season will look when we want to buy things to consume, which is ending in October. Anyway, we pray to get the solution solved before then. Not only in Nigeria but in almost every country in the world, the prices of all kinds of daily items including food have increased a lot. But it doesn't matter if everyone in that country has a good source of income and can earn a high amount of income every month. However, in most of the countries of the world, even though the prices of goods have increased at a high speed, people's income has not increased much. And this is why it has become very difficult to live comfortably in most countries of the world Prices of goods increase rapidly while people's income does not improve and they have to spend more to buy goods, a phenomenon called inflation. And in the case as you said, if people's income increases higher and commodity prices also increase, but as long as people still spend freely, I don't think it's called inflation. Inflation in my country is also getting worse every day and I don't think this will go away even when the war ends or this crisis passes. Things won't go down and they will stay at that price and will continue to increase over time. The problem is caused by inflation, the cost of gas and petroleum product has affected the high price of other commodities. In my country, one need to spend high to have a good meal and it has been a treat to the poor who cannot afford two square meal. The rate of population is increasing, the rate of corruption is increasing and still there is an ongoing way. I wonder how the price of things will be like in the next 10yrs from now because presently, there is nothing showing that the price of food will be stagnant. |
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Banks are finding all means to always be in custody of people's funds. Banks like to be in charge of holding peoples money and using in for business. They have seen that bitcoin wants to deprive them of this, and it will make them run out of business in the nearest future. This is why they have started coming up with motives of accepting crypto trading so that you can buy your bitcoin from them and they will claim that banks is the safest place to store your coins. This will give them the power to be in custody of many customers crypto assets. Trying to turn bitcoin as if it is safe in a centralized system. Also they are business people and they are after profit making and not putting customers interest first. It is good to see banks accepting crypto trading but so many people that will buy bitcoin through banks might end up not being in self custody of their funds. |
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I bought an amount of BTC from a stranger and made my payment in cash! I checked to see if the BTC was available and if they were, after a day they just disappeared. Does somebody know anything about this? What happened? What is this situation called or something like that?
You have been scammed mate, never deal with strangers because even people that you know can scam you talk more of a stranger that you don't know where to get him. Next time buy bitcoin from an exchange and use p2p method. There is nothing one can do to help your situation, this is a hard lesson for you. Always make sure that the transaction is confirmed before send the funds. |
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It was during the days of our parents that Nigeria do provide job for her citizen because the country hasn't been eaten up by corruption. These current time na you go find job for Naija o, or else you go leave in abject poverty. Na all these internet skill work na them sure pass as people wey don dey expose to the internet, because na there money dey to fit use meet up with the high rate of inflation wey det our country. Government don fail for there side to take care of their citizens in so many aspects, like job creation provision of unlimited power supply, we for fit help small scale business to grow. This na because of the self-centered people wey our leaders them be, them only care about themselves and their family. But government no know say them dey open our eye the more so that we go look for an alternative to the earn our daily bread, which be the online job. I believe say time dey come wey youths go understand say depending on government na waste of time.
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Napoli was able to draw in the end and it finished 2-2. Genoa wasnt able to hold on even with a huge lead and its a huge shame that they werent able to hold the lead. Napoli saved themselfs and in the end got a huge point. Last season this would be an easy win but this season nothing comes easy to Napoli.
This is very serious for Napoli, it shows that the team is in a deep crisis if they draw with a weak team like Genoa. Changing coach at this point has proven to be a truly wrong and unfortunate choice. I don`t know how they can fix the situation, now it becomes complicated to manage the problem. The change of coach might be what is affecting Napoli's performance, but I will applaud them on their last match against Genoa. It was a good performance because I saw the spirit of fighting against defeat in them, they equalise two goals to keep them on track in the competition by drawing the match. I think this season would't be easy for Napoli to win the league because Inter is in their super form and Inzaghi is ready to defeat any club that comes their way. |
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Bitcoin is out of ban for banks from using it, and not for people who love to use or own it. The government knows that if they restrict banks from bitcoin, it will slow the adoption of bitcoin and it will also discourage the citizens to adopt bitcoin, especially the people that don't have the knowledge of bitcoin that it is decentralized and can't be tracked ny government who the owner is if you are using a ceentralized exchange. If bitcoin is ban and not restricted in your country and you are breaking the law, if you get caught, you will pay the price for the offense. In my country, bitcoin is only restricted from banks but not from citizens and the rate of adoption is increasing.
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The only challenge that someone using DCA method is when the source of income is not steady
This was my thinking too and I even made a comment referencing an entrepreneur. Thankfully, JJG explained convincingly, how this can be achieved. From that explanation, you can actually know your financial inflow within a certain period like a year, from that you can know what to set aside and plan your DCA accordingly. You must not be earning fixed income monthly or weakly before you can perform DCA, even when your inflow is not regular, you can take average with a time period and as soon as you have any bulk funds, you can start off with the part that fits into the average you have worked out already and because it is exhausted, you would have receieved another inflow base on your calculations. I like to think about the non-steady income in a couple of parts. The first part is just figuring out what is your worst-case scenarios, what are your best case scenarios and what is your average... So then with that information you can try to project ahead, and most likely mostly using some combination of the worst-case scenarios and the average in order to figure out how much money you need to keep in your emergency fund in order to cover those situations in which the worst-case scenarios ended up playing out rather than the average case scenarios. So, even though not necessarily likely worst-case scenarios could end up playing out for 6-12 months or more, and so the emergency cash fund should be able to cover the gap between what you need to live and what kind of income is coming in. Hopefully, you are already spending (your monthly expenses) somewhere less than your average case scenario which should then cause for an ability to invest (or DCA) with part of the amount that you are living below your average case scenario. and sure if the worse case scenario persists for a long time, you may well end up needing to either reduce or eliminate your DCA purchases of bitcoin, but if you have planned in advance you should not necessarily need to stop your DCA, and for sure, you do not want to end up putting yourself in a position in which you end up having to sell any of your BTC during periods in which worse case scenarios are playing out.. which likely would mean that you had not sufficiently prepared in terms of your emergency fund and/or the ways that you had been choosing to live in order to make sure that you are generally living below the amount of your average case scenarios rather than spending more than that. JJG, I know that you are an old G bitcoin holder with so much experience and different strategy on how to accumulate bitcoin. I also agree to what you said on how someone that isn't having a steady cash inflow can use his average cash inflow for the year to plan on how much he will use on DCAing or to always have an amount that will be left based on always planning and keeping funds for worst scenario than average case scenario. I wouldn't like to such happen in my own bitcoin journey accumulation, the reason is that I have just started my bitcoin journey and I haven't accumulate a significant amount which I can be proud of. Not having regular cash inflow will be a big challenge to me because it will slow the amount of bitcoin I will accumulate, and I am not even sure of accumulate, unlike the regular cash inflow pattern. This is because you might prepare and plan very well on this, but along the line, it might come to play that your worst scenario expectation came out to be more than what you have planned for, because there are unforeseen challenges that will come to play during this period, which you didn't plan for that must be included because of it is an emergency. I will use myself as a case study, I plan on how much I spend weekly and let me say if I budgeted $200, I will end up spending up $250 and sometimes $300, but because I have a steady cash inflow I don't feel it. I could remember when I have not gotten job that was frequently paying me, I find it difficult to manage the one that I have worked to use till when another funds comes in, because of this unforeseen circumstances that do occur. I am happy JJG, that you said if you did not make a proper calculation so that your worst case scenario funds should be higher, one might end up falling back to sell his bitcoin due to lack of proper preparation. I am not good at managing a certain amount of funds for some time before another funds comes in because, nobody knows what will happen next, this is why I feel that regular income will help in DCAing better for me. Although, everyone has their own strategy of DCA base on the way they get their income. |
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hi there!
Deleting that particular post will have any impact on our total of merits like will its reduce or still remain as same as before?
Your merits remains the same Merits earned by a member cannot be tampered by anyone as it has been recorded and can't be deducted when your merited post is deleted. The merits system is designed in such a way that nothing will be able to tamper your earn merit and your Smerit, maybe only the admin can do so, if I am correct. Moderators wouldn't delete any of your post that was merited. |
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Napoli have been really bad for two weeks. After losing to Lazio home this time they got a draw with Genoa by 2-2. They could have even lost the game I mean as Genoa got 2-0 ahead first. Osimhen couldn't make any impact on this game and this was also one of the factors of course.
Napoli need to improve their team performance. Their next game is going to be an away one against Bologna. I will be expecting Napoli to get a win finally. They really need this to boost their morale. I'm curious about their Champions League performance as well. Their group isn't a very challenging one to qualify from.
Osimhen tried his best in that match but he was very unlucky that he couldn't score any goal even though he had some few chances of scoring. Napoli hasn't won their two last matches as they have only gotten one point from the two matches, this has brought them down in the table, but I hope that they will be able to win Bologna in their next match. From my own view, Napoli tried yesterday as they were able to equalise two goals down in the second half which shows great performance. It was better for a draw than a loss. Really the coach needs to improve the team performance for greater challenges ahead of them. |
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After Benzema left, everyone expected Real Madrid to sign Mbappe or Osimhen, but Real Madrid chose to wait until Mbappe's contract expired. It's very strange that they are looking at it from an economic point of view. Even Real Madrid are acting with financial balances in mind. This club is Los Galacticos. This season they will play without their target striker. Maybe they can win some games in La Liga, but I don't think they can reach the final of the Champions League or be as good as before.
As for Mbappe personally, I have a strong opinion that neither Mbappe nor Real Madrid know about the future relationship of a labor nature. If Real Madrid were going to sign Mbappe as a free agent for next year, then maybe the club has miscalculated a lot, because now most likely everything is going to the fact that Mbappe will extend his contract with Paris Saint-Germain with clear guarantees that PSG will not interfere with the transfer of a football player for next year. Another question, knowing the background, I think no one will be surprised if Mbappe stays at PSG at all next year or moves to another top club that will offer better financial conditions than Real Madrid. As for Osimhen, it was clear in advance that Napoli would do everything in its power so that the player would not leave immediately after the victory, and Real Madrid would not offer the amount that Aurelio de Laurentiis would not be able to refuse. So now Ancelotti has to be wise with tactical schemes and I must say that it turns out to be quite good so far. Another question is whether this is enough for the Champions League. Certainly Real Madrid will be quite ready with its existing strengths for the Champions League this season. You will have to look at the group that Real Madrid is in, where Real Madrid can easily overcome their opponents. Real Madrid, Napoli, Braga and Union Berlin are the 4 teams in Group C. Real Madrid, who are quite strong this season, will no longer doubt their strength in the Champions League because they are kings in the Champions League. Now discussing Mbappe, he is very interested in Real Madrid because he strongly rejected the contract extension proposed by PSG management in the last summer transfer window. We're just waiting for time until Mbappe finally officially joins Real Madrid after his contract ends with PSG. Yea, Real Madrid would have no difficulties in the group stage because they are the strongest club in that group and I believe that they will win all their matches in the group stage. We see how brilliantly they are performing even without their top strikers. They have won all their matches so far this season. As for Mbappe, if really that he turned down the contract, this will be a big hope for Real Madrid because hw will definitely come to the club this season when the transfer window is open or next season. Mbappe deserves waiting for by Real Madrid, I just hope that things don't get complicated for the youngster. |
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It wasn't an easy win for Arsenal despite being in control especially in the second half. But getting three points was the important point of course. Trossard hasn't been scoring a goal in Premier League games for a very long time. But today he scored the winning goal and finally finished this bad streak for himself.
Things are going well for Arsenal in the league. But they might need to improve their performance a little more in the long term. This is important for especially big games. Their next game is against Tottenham in Emirates so I really wonder how this game will end.
It definitely wasn’t an easy game for Arsenal as Everton seemed determined to hold them to a draw or try to get a win themselves. Unfortunately, Arsenal persisted and got a goal in the second half of the game that ultimately gave them the win at the end of the game. Everton did put up a good fight as their defense tried in thwarting Arsenals constant attacks that I had actually thought for a second that the game might end up being a goalless draw. That thought quickly left as Arsenal scored. I had thought more goals would follow but Arsenal couldn’t follow up with another one till the game ended. I must say that Arsenal are very lucky to win Everton in today's match at Goodson park, because if you see how determined Everton were to make sure that the match ends in a draw but Arsenal never wanted to settle down for a draw and they were able to score just one goal, which was the only goal in the match to gain all three points. Arsenal needs to improve in their game so that matches wouldn't be that difficult for them to win. |
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OP, are you trying to ask which one is better between having the knowledge of bitcoin alone and holding bitcoin. I will choose to hold bitcoin first because it is easy to buy bitcoin when you have the money and transfer it to your noncustodial wallet without a problem and since it is just holding of bitcoin. After that you can start learning his to keep your wallet safe from hackers. On the other hand, both of them is very important, which is having the knowledge of bitcoin and also to hodli bitcoin. This is because you will be able to be patient with your investment in the long run, and you will be able to monitor your investment, so that you can know when to buy and when to sell.
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Some people will certainly think that it's useless to attain bitcoin knowledge if you don't have the plan to invest in it after. However, if you don't limit your thinking, you can influence other people through your high knowledge with bitcoin. As long as what you tell them are the facts about bitcoin, and they eventually believe on it, you could be the key to their life's success in the near future.
I agree with you that the knowledge is important and isn't a must for you to have bitcoin, but come to think of it, having bitcoin gives you more insight about bitcoin and more opportunity of making profit and making people to believe in bitcoin because they will see what you have benefited through bitcoin. Knowledge is power but experience superceeds knowledge, when knowledge is not put into practice. Having money to invest is easy if you are ready to invest. Some people have the knowledge but they don't want to invest because they think that they will run at loss because the don't believe in it. It is another thing to have the knowledge, and it is also another thing to believe in it. |
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Actually, it is not everyone that have the knowledge about the risk involved when keeping money in a centralized platform online, most people think that it is the beat and nothing will happen to their funds, believing that it is safe with the platform. I don't keep my funds in any centralized platform, I only fund my gambling wallet whenever I want to gamble or sometimes, I fund it for the week gambling activities. On the other hand, this group are doing this for you that want their subscription to know that you shouldn't feel that they want to scam you even though, it is true that they want to scam you.
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