Op me I stand for online banks oo, because na wattin I dey use especially for this period wey network dey disturb small small, na them be the only alternative to save u from being stranded, though Dem fit get hacked easily if the hacker hold your sim card but this one sef still apply for normal traditional banks. All of them fit get hacked so e come dey even be like say na online bank sef naim good pass, according to the point wey baba brianboss out for ground, the only thing na be say, e nor dey advisable to put enough moni for inside, like millions of naira, you fit put less than a million if you ready to spend am immediately, but if you wan spend am immediately naim you fit put the amount of million provided say your account go fit carry am without any shaking.

Normally this kind update Dem don full this forum, I been don even drop thread wey get same information, but anyway there is always I need for reminder for topics like this, person wey go fall for those kind of scam na greed cause am, because how you go put money come dey expect your fellow human being wey na still work e dey work to just double your moni like that, who does that. Even if na 50% just know say na better scam project be that, I don see my neighbor live wey been put moni for one agricultural investment something like this , the first on work well for am, em still do again Dem pay am, but the last one wey e come top em game naim Dem carry em money run till today.

Op thank you for bringing this security measure come we local board, be because this period e come be like say the scam rate com increase well well, and Dem fit even still your phone, though stealing of phone don dey scarce small small because plenty of those bad boys don enter into cyber scam, but if at all this na the best way yet to take protect our sim card from the hand of scammer, I been don see one person wey dey thief moni from people account through this sim card something so,  and as I dey like this I dey fear make my phone no go loss make person come wipe my account, but thanks to this thread at least e don refresh my mind to then days wey men been dey use button phones. 

Currently the above listed altcoin by the op, some of their paring is about to be removed from the worlds most popular exchange which is  binance exchange, though their intentions aren't worth the change they are about to do, but it seems it might also have some effect on the coins. So instead of investing on XRP and ADA why not channel the money to Bitcoin investment, after all Bitcoin is the most trusted coin the market and can give you up to 100x when we get to the bull run, it's never too late to start accumulating Bitcoin. By the way I would also advise that we should be cautious when using the binance exchange, cause it seems they are been pressured too much by the SEC

No there is no next Bitcoin even in time to come, even the best altcoin cannot be considered as the second Bitcoin, nor will it be considered the second best, reason being that it is a follower of Bitcoin price movement, so it cannot do more than itself. Bitcoin will continue to give altcoins a very massive space that you can't even think of comparing any altcoin to Bitcoin, even in time past Bitcoin has proven that it is worthy of any kind of holding but, it is more profitable for long term holders.

Op you are welcome back to the forum, omor you sef nor try oo, since on the 25 of this month 2022 wey you create your account, na now be the first time wey you dey post, if to say I get this forum update by that time I for don turn Sr member going to hero, shaiii, see opportunity wey people dey carry play, however you don miss so many things, despite the knowledge wey you get now about Bitcoin, if to say you dey all this while you for don get more from discussion and post wey dey here, and anything wey you no understand you for ask and other go still put you through,  by now you supposed to don join signature campaign if to say you been dey active with quality post.

Bitcoin is know to be the king of all cryptocurrency so what ever happens to Bitcoin will surly shake the entire crypto network, we can see from the little increase to $44k that later came down to $42k, some altcoins also experience this same movement proving that they are just followers. However Bitcoin doesn't  affect only the crypto market but also some stocks, the current market seem to be fluctuating between $42k, but I believe before the end of the year Bitcoin might get to $44k.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.