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1021  Alternate cryptocurrencies / Altcoin Discussion / Re: Nowhere is safe part 2 on: December 16, 2023, 03:28:42 PM
Indeed you where correct, now it's obvious no where is safe for the safe keeping of your cryptocurrency. Hackers are becoming more smart and fast, most especially this period, but that doesn't mean we should avoid the use of hardware wallets. They are still the best and the safest for now until a more top secure wallet is built beside, ledger claims that the attack was not centered on hardware wallet but on the Dapps who used ledgers connectkit. Tether have already frozen the account of the hacker while $254k was still found in the hacker wallet address, so it's possible it might be reversed back to ledger, ledger are looking forward to make a more secure upgrade, so let's keep our hopes high that such aren't gonna happen again.
1022  Alternate cryptocurrencies / Altcoin Discussion / Re: Trend or long term projects? on: December 16, 2023, 02:59:53 PM
Depends on your skills because you need to have proper knowledge while you are investing in some trend coins because there are certainties that you need to rush to sell your coins because they reach their peak, and after that, they will gonna fall dramatically and it won't have any assurance if it's gonna recover in the future. As for other top altcoins that have been there for a while now, you can just simply choose some of them and carefully pick up the one that suits your budget well but this is not an easy task to do because you need to do your research before making moves for your investment.

Absolutely correct sir, your skill and knowledge are what makes you have profit from those meme coin that are the current trend, some person dive into trend without having the knowledge on how to make make profits from them, one of the biggest mistake an investor would make is to consider meme coin for long term holding. Meme coin are know for short term holding, if you insist on holding for longer period you might end up loosing some of your initial invested coins. While on the other hand patient is the key to investing in other coins.
1023  Alternate cryptocurrencies / Altcoin Discussion / Re: What are Meme Coins? on: December 16, 2023, 01:10:31 PM

Meme project are not for long term but high profit in short time. The only thing is to research for best project among many new projects.

Yeah you are correct about the fact that meme coins are good for short term holding, and I approve of that but what I am saying is, the risk associated with meme coin investment is just too much, even for a newbie or an advanced pro trader or investor. Meme coins might be the next target for hackers and scammers to penetrate through. Beside I didn't say they are all scam project or were created for scam purpose either. C'mon mate you know what am talking about, so stop acting a novice.
1024  Alternate cryptocurrencies / Altcoin Discussion / Re: Craze for Meme coins never ends? on: December 16, 2023, 12:54:21 PM
Yeah meme coins are very good in making such profits since they are very volatile, but as this same time they can also make all your investment fall to the ground. Meme coins seem to be the current trend but to me, its just another trending scam in the crypto space. Lots of friends have made some profit that are very attractive and can be a bit persuasive from memecoin but I don't give a fuck, even if they make a $1million profit of a $10000 investment, I still am contented with the bitcoin I hold, my advise to other who hold meme coin, please be careful, the issue of scammers into the crypto world is becoming too much, and meme coins might be their next target.
1025  Alternate cryptocurrencies / Altcoin Discussion / Re: How do you withdraw your cryptocurrency from an exchange to a bank account on: December 16, 2023, 12:42:10 PM
Sorry op, I recommended binance earlier as an exchange to be used for p2p transact to fiat currency,  currently the news I just got about binance is now an evidence that it no more longer the trusted exchange that it use to be. There issue with the SEC might become more bigger than I ever imagined and it might lead to the shorting down of the exchange, so I recommend you make use of Coinbase or kraken exchange rather than using binance.
1026  Alternate cryptocurrencies / Altcoin Discussion / Re: What are Meme Coins? on: December 16, 2023, 12:33:22 PM
It's so embarrassing that many of our investors now follow after trend and forget all that they have learnt so far. The risk associated with meme coins are just too much for me  to comprehend, coins that were made out of joke inspiration are not worth investing in, majority of shitcoin and scam project are meme coins, though they can initially seem promising by giving their investors some sort of profit, but they can still crash to price zero with the twinkle of an eye. What happened to dogecoin and it's massive adoption is as a result of the manipulation Elon musk did, his influence made the coin grew to this length. Nevertheless it's still not safe for investment.
1027  Alternate cryptocurrencies / Altcoin Discussion / Re: How Confident Are you With Altcoin In This Time on: December 16, 2023, 12:18:34 PM
For sure altcoins are know to be profit worthy when it comes to holding this is because of their volatility some altcoins tend to be very volatile, which makes them good for short term trade. However I don't do altcoins because I am satisfied with Bitcoin, the risk associated with altcoin is nothing compared to Bitcoin, as we can tell from project in which many adores but at the end, they turned out to be a shitcoin or a scam project. This generation investor believe in trend and that trend can make you regret for the rest of your life.
1028  Alternate cryptocurrencies / Altcoin Discussion / Re: Binance is cuttiung some XRP and ADA products on: December 16, 2023, 12:09:13 PM
This is a very terrible news for both XRP, ADA and binance it self. You can imagine the damage this news will effect on the binance exchange, I was hopping that after the CEO issue and fine given to binance to pay, that it would be all, but to my greatest surprise it seems the SEC are looking forward to pull the exchange down. We have all seen it, binance being the world most popular exchange being tossed to and fro by the SEC, I think this news alone will make lots of investors to cut ties with binance exchange.
1029  Alternate cryptocurrencies / Altcoin Discussion / Re: Cardano, XRP and LINK "massive giveaway" scams on: December 16, 2023, 11:10:41 AM
Yeah op, I have seen something of this sort but never gave it any attention because I am not moved by those 10x increase
 giveaways, my experience on this was, they tried using  elon musk's personality to trick people and I am sure that most persons would fall to the scam because, it seemed pretty legit. But those who would fall for this scam, I'll tag them to be greedy and foolish, how would you expect to send money or crypto to someone and expect that same person to double it for you, if it were to be ligit the person doing the airdrop should have just sent you the free tokens of crypto rather than requesting you to send first so that he can identify your wallet address. However op thank you for bringing this discussion here I believe many newbies would learn from it.
1030  Alternate cryptocurrencies / Altcoin Discussion / Re: Goverment try to take advange over instabilty in prices of stable coins on: December 16, 2023, 10:52:34 AM
Indeed stable coins are never good for long term investment, even if they are know to have a less volatile nature unlike other crypto yet they are still not good for long term holding because, the volatility of these crypto currency is one of the key factor that makes it good for long-term holding. Beside they are centralized and can be easily manipulated at any time, that should be the type of coin we'll hold for long. Anyway stable coins like USDT are much more preferable to CBDC because, CBDC might experience inflation due to fact that they are pegged with the countries fiat currency, inflation is one of the top disadvantage of CBDC and they can be easily manipulated.
1031  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum price before Christmas on: December 16, 2023, 10:21:20 AM
I am not a holder of Ethereum and I don't fully support buying of altcoins in general, except cases where the person feel he Is capable of handling the risk all by himself. Talking about Ethereum, I have been watching the coin for dome time now and I can observe that its among the coins that have its price movement tied to that of bitcoin, if you observe closely you'll see what I'm talking about. I'm not saying its bad, since it is following the master "Bitcoin", so what I believe is that bitcoin will surely rise back to 44k but by the end of the year. I am not all that sure if the price of Ethereum would reach 2.3k before Christmas, but before the end of the year it might reach the $2300. But as a holder I would also advise that you hold dearly, don't let the current trend to deceive you into selling you coins, except you're selling for emergency or to buy bitcoin. Its possible what happens last month would happen again where we experience enough sideway trend and the next thing was boom.
1032  Alternate cryptocurrencies / Altcoin Discussion / Re: How do you withdraw your cryptocurrency from an exchange to a bank account on: December 16, 2023, 09:58:05 AM
Op it seems we have thesame experience because in my country, withdrawal og crypto currency yo bank is not allowed and if you ho further to complete such transaction your fiat account would be frozen or ban including your fiat currency inside. So in cases like this what I do is, I send my crypto from my wallet to an exchange account, and from there I use the P2P trade to locate a buyer that would send me fiat to my bank account, the process is as simple as ABC you just need to have basic knowledge on how the exchange works and you'll be good. I would like to recommend binance exchange for you because, that is what I use most og the time, though it's not safe to keep you crypto in any exchange for long except you are willing to loose them, so it better to use an exchange only when you want to trade to your bank or buy crypto.
1033  Local / Nigeria (Naija) / Re: Why most beginners so much believe bitcoin can make rich on: December 16, 2023, 08:32:54 AM
Truth be told, Bitcoin no be get rich quick scheme even say we dey get small small profit for inside, when we dey invest for bitcoin na patient be the main virtue wey we suppose carry for mind towards our investment, beside before you invest e dey very advisable make we for get wattin go dey give us money so that we no go dey depend on our bitcoin investment, so newbie ot beginner make  put am for una mind say na when you leave you investment Tay naim you go get better profit, and one of the way when you go fit get this patient na when you use DCA instead of lump sum because for DCA na just small small moni go dey leave your system to your wallet and you no go too feel am, na why e dey required of every newbie to use DCA first until when Dem don gain enough psychological and emotional balance when we reach bear season then Dem don graduate to fit use lump sum or other strategy.
1034  Local / Off-topic (Naija) / Re: Stay patient 🤞 on: December 16, 2023, 08:15:28 AM
Op as you talk am na so e be oo, crypto trade no be wattin person go do come dey expect to see changes sharp sharp, I even like the illustration wey you use as e be say na planting of tree you use because, naim be the best way to take describe crypto investment especially when we dey talk about Bitcoin investment. Bitcoin investment requires enough patience and one of the ways wey you fit take dey patient with your holding na when you learn about Bitcoin well before you invest or along the way as you don invest, because na when you learn, you go take understand say Bitcoin get limited supply compared to the investors wey ready to hold am, and economics teach us say limited supply with increase in demand go make the price increase, na why Bitcoin price na up e dey go. The more people hear about am come put body na the more e go just dey go up, though e fit get small bear movement, but that one no go last.
1035  Local / Nigeria (Naija) / Re: MLM na dangerous marketing strategy on: December 16, 2023, 08:02:14 AM
E don Tay wey all this kind things dey exit for this life, even for Nigeria def, Dem many wey I don jam, e get one tym sef I nearly fall for one of Dem wey Dem dey call NEW LIFE l. This people so mouth sweet me untill I been wan join, if to say any of una don attend their seminar you for understand wattin I mean,  the people wey dey involved are very good marketers wey sabi persuade person and Dem sabi talk fast. Anyway ones I hear say the entire money process dey gbakam for referral, I just no say no be my thing be that, that time wey I been dey find work naim Dem be wan use my head because na from vacancy bill naim I take get their number and when I call Dem come direct me go their side. I no go advise anybody to put body for that kind thing oo, because inside the business so na you go dey find people wey you go bring come join, under sun and rain.
1036  Local / Nigeria (Naija) / Re: Guide on how not to get your bank account banned while trading in P2P trade. on: December 16, 2023, 07:49:05 AM
Omor which kind of matter be this one na, why CBN go dey do this kind of thing, Dem don dey cross their limit oo, wattin be the meaning of this one, say dem go enter p2p trading platform to they observe people trade, that means even the p2p wey go lick people information give Dem sef no get head, because na them go still write for their terms say no third party, so why Huh Op you try well well as you carry this one come board today at least person don dey aware of wattin Dem dey plan, but e for still goes well if to say you provide link or source from where you get the information from if possible, so that we go dey sure say na from legit background.
1037  Local / Off-topic (Naija) / Re: Eleme people actually Dey this forum on: December 15, 2023, 02:28:54 PM
Baba I greet oo, I no say you wan try to locate others so that una fit hangout for the same territory but make I still clear you say to provide this kind of more detailed location for were you dey stay and you know say we not supposed to even release these kind of information especially for forum like  wey majority of our talk na money matter we dey talk. To be honest e nor dey safe as e be say many outsiders don dey fit understand our local pidgin. My brother safety first oo, make Dem for no use us chop Christmas oo.
1038  Bitcoin / Bitcoin Discussion / Re: Finally I did it (I am happy to join). on: December 15, 2023, 01:18:24 PM
Op ones again congratulation on your accumulation journey, I can see that you have topped up your first accumulation to a more advanced level, that Is a great step you took back there ... 1.7 million naira is a huge sum of money even if it is not close to half of a bitcoin, but I believe some day you would arrive there, it gives me joy knowing that you have learnt enough and have started putting those learning into practice, not every person have this courage to buy bitcoin at this level. Just as JayJuangee would always advise that you start your bitcoin accumulation as soon as possible, the regret you have should be a thing of the past and you should focus on the future by, becoming more aggressive in your accumulation.
1039  Local / Nigeria (Naija) / Re: Kuda down time 😳 on: December 15, 2023, 07:29:30 AM
It's very embarrassing seeing all these comments that kuda is known for steady maintenance, I have never used them and did not even plan on using kuda nor have I opened any account in kuda. When it first came i never liked them, opay has been my choice since 2020 and I am doing just fine with them. Op I would like to advise you that you make you use  of op since this maintenance issue is a continuous event that consume a lot of time. Beside I believe maintenance should be done at midnight and not in the day that they experience lots of traffic.
1040  Local / Politics and society (Naija) / Re: Better way to earn a merit on: December 15, 2023, 07:13:33 AM
It obvious am new here yea am a newbies. What make a post earn a merit ? What are the characteristics of a good post and how do we earn a merit for our post and other activities happening here and how is Bitcoin always important in the forums . So Member, full member, hero member, Lagendary and so on pls let have the tips thanks 🙏❤️ #bitcoin Lords

Op you are very much welcome to this forum, I dey see say some of our boss Dem don provide links for you to take understand the question wey you ask, and I believe say you go find the links useful, actually if you wan really get merit for post dem, I go advise make you make good quality post and comment wey go dey useful for the next person wey read am, e fit be say na answer you dey answer person, and before you go know you don get merit. Make I advise you one tin, of you say na merit you wan dey chase e go hard for you to rank up oo and if you no get merit for post wey you feel say supposed get merit, that feeling fit make you give up sef, so the best thing na to just dey make quality post even if Dem no merit your post you fit still carry that post go apply for some thread wey dey inside beginners and help board wey dey give merit to post wey merit no reach.
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