Today i went to state CID to get a certificate of clearance from the police.
After my horrible and terrific experience with the police, then i realized that if the police really want to fight crimes in our society, they will do it without stress. On the day of our biometic a guy came there too for the same purpose. Infact the guy was in front of me.
The police man requested for the phone number of the guy. After inputing the phone number on their server they detected something strange. The guys phone number was showing red alert. The police man smiled and looked at the guy and asked him, how long have been using this phone number? The guy innocently answered "officer i don dey use this phone number for over 10yrs.
The police man asked him again the phone you are using how long have you been using it?
The guy at this point has not realised something is wrong, he said " officer i just bought this phone last.
Then the police man asked us to give him a minute. Behold when he returned he came with two heavily armed police officers. So they started to intorogate the guy if he has receipt for the phone. And if the guy can take them to the shop where he bought the phone. At that point it done to the guy that he has entered one chance. So the guy told them he bought the phone from someone. But he didnt know the person. So the police told him that the phone was reported to have been stolen and the owner came to report the matter at station with the phone serial number. That on putting his phone number on the biometric data base system it showed that his sim card is displaying on the serial number of that stolen phone.
Look at someone that innocently came to pick up certificate of no criminal record has find himself in hot soup for buying a phone from someone. The guy was thrown into the cell. What happened to him later i cant tell but what i saw thought me a great lesson.
Hence i decided to share this experience here so that others can also learn from it.
Buying second hand gadget from people is very risky o even with receipt because a lot of people can manufacture receipt if they want to sell a stolen product. So abeg try visit shops to buy your gadget.

If you they sell for binance or any other crypto exchange way permit P2P one of the rules nah no third party, if the name of who they buy the coin match with the name way them carry send the money, you fit defend your self for anywhere way them carry you go, crypto now they legal for the country so we they free to trade am.

The place way eh bad nah if the person way send the money name no match with the name way dy for him binance that place them get every right to accuse you of anything, nah why if u fall into any buyer way send you money from different account way no be even business name you get right to appeal the transaction make you send back the money to the exact account way send am and then you end the trade deal.

Utilize your body for retirement so that you can fit in to handle your other phases in life of chasing income at your depreciations of man-power to activeness.
So many people are too eager uncontrollably chasing after income without undermining their ages and so as considering the health fitness of themselves at ages.

How would it be if there was only one currency in the whole world, then there would be no hassles, no exchange problems, we could use the same thing everywhere, and there would be no inflation.One world Bitcoin currency,why need this ? If there was a single global currency, businesses would not have to deal with different exchange rates and currency conversions, which would speed up transactions and save administrative costs.A universal currency would improve the stability of international trade and investment by lowering exchange rate fluctuations.The effectiveness of global trade could be increased by lowering transaction costs associated with international trade and finance by doing away with the need for currency conversio[Suspicious link removed]ices would be easier for businesses and customers to compare across national borders if they were all stated in the same currency, which would increase competition and transparency.A single currency could promote economic integration among nations, similar to the effects of a common currency within a single country, potentially leading to increased trade and economic cooperation.

However, it's important to note that while these benefits are theoretically appealing, the practical implementation of such a system would pose significant challenges . What do you think if try to implement one currency in the world ?

No matter the decision wey CBN won take concrrning cryptocurrency e no fit affect the Nigeria youth from investing in Bitcoin.  Before now cbn been ban bank from using cryptocurrency but e no stop people from buying bitcoin or stop people from having interest on bitcoin. Our government suppose know wetin go improve the economy of the country.  Cryptocurrency is not the problem of the country, the government needs to work on the cbn and other sources that is providing the government money.

Sometimes we are dramatically or angrily pushed to the extend of saying things we have been keeping secret and doesn't Worth sharing publicly nomatter the situations.

About two weeks ago at my workplace, a colleague with amiable potentials who lives a prestige life was served a sack letter which was uncalled-for. We all know the consequences if you can't bend to the Wills of your boss nomatter how professionally and excellent you are in delivering your job tasks.
So this colleague felt intimidated by the Boss after telling him that he would never be opportuned to find such appreciable job again and that he would stay jobless with the rest of his life unless he would be ready doing one of the hardened labour jobs.
Then this colleague was unable to accept the fact and just walk away so, he was pushed to telling the employer (the boss) that he has over $20K worth of Bitcoin and infact, Bitcoin is his major hustle and he even earns less in the f*** job that makes the d*** headed boss special.
This communicable challenges between both of them happened before the other employees opted everyone to kept mute as surprising expressions of them aftering hearing the sacked employee has such an hidden and attractive asset and yet living such a humble life all this while.

4 days ago he was kidnaped and was asked to pay a ransom of $12K through Bitcoin transaction.

This must be a resultant of him revealing what was meant to be kept secret a secret because he was angrily pushed to talk beyond his boundary.

I almost made a bad investment decision today, i was at the verge of investing on a low value market cap altcoin not to mention the name.
 I was just searching for a coin that I can invest a little funds on to hold for the next five years, I had already picked up my phone to complete transaction before it occurred to me that I should always make informed decisions, it was then I found out that I was just carried away by the price of the coin ☺️, with this conciousness I decided to do a little research and analysis, I found out that the coin is on a massive decline with a strong double top pattern heading towards the neckline ,which is a strong indication of a future down side move. So in cause of this experience, I learnt a very important lesson , always do an in-depth research and analysis before committing funds to an investment decision.

 

e just dey scary how 99% of the world's data dey on the internet. Even our incognito(private browsing) data sef dey on the internet with our digital fingerprints. Me and person being dey discuss how easy e dey to actually track anybody for this earth as long as say the person dn active for internet before. if no be say some laws dey cover how this big tech company dey take collect our data, some of us wey think say we dey untracable for dn go jail sef. Everything about us actually dey internet as of now, even your "view once" for whatsapp sef. Infact any things wey you thinks say you delete still dey there only say you no get access to them again. Just dey careful of things wey you dey post for internet.

The Bitcoin ETF saga of approval/rejection has finally been put to rest as the "approval" finally has it. But the market has never greeted it with much excitement as it sold on that very day of approval but rose sharply to hit a little above $49,000 the next day before plummeting ever since then. This is no doubt a short-term setback for Bitcoin even as we expect the positive effect of halving on the coin. Also, I hope that this short-term bearish trend, (perhaps I should call it a correction of the main bullish trend) will not grow into a more determined bearishness that will put the coin under further pressure.

As it is now, since last week, I knew that Bitcoin would fall but I expected it to be held by the support level of the 1D Fibo level of 38.2% at $40243 as you can see on my chart below. The market hit the level yesterday and sharply rebounded to record a daily high of $42,143. This indicates that it respected the level and buyers pended their position at the level or closer levels. A sustainable bullish price action above the level, in my opinion, might be the end of the recent bearish view and will bring about the resumption of the whole bullish trend to retarget above $49,000.

But first, the resistance level of the 1D Fibo level of 23.6% at $43,606 must be successfully breached higher, while a daily close above the level will ascertain it. However, a successful breach of the 1D Fibo level of 38.2% at $40243 will cause more bearish pressure that will eventually unveil $37,519, which is the 1D's 50% Fibo level before any bullish consideration will ever be possible.

This is my view guys. What are your views about the current Bitcoin status?

Good day to everyone on the forum today. The only thing we're going to talk about is how to profit in crypto. This is one of the most frequently asked questions among crypto investors, particularly newcomers and those who have been around for a while. What are the issues that must be addressed? What signs are available to determine where the top market has arrived? So that we don't buy at the peak of the bull market.
Assume you were one of the top buyers in the 2017 bull market and purchased Bitcoin for $19,000, or in the 2021 bull market, you purchased Bitcoin at a price of $69,900, believing it would rise further. In short, you were able to FOMO; you have no knowledge of technical analysis. The top buyers in 2017 would have recovered in 3 to 4 years if they hadn't panic sold in 2018, but the top buyers in 2021 are still underwater, or others cut at a loss and sold at a loss.

Normally, no one can anticipate where the exact top of the market will be, and anyone who can predict is not certain of what they are saying; in short, everything is just guesswork. And if someone claims certainty in his projections, this is the number one red sign in the world of finance. But this is what people like to hear, and it is something that many people do. And if you trust these folks who claim that what they say is genuine, you will be completely lost, with a 99% likelihood of becoming wrecked.

Today, we are discussing the absolute peak of the market, not the local cap; this is distinct. However, you may utilize the others on the list that I will provide. You can use it on any coin you own. Because this is applicable not only to Bitcoin but also to other cryptocurrencies. Because you might assume this is a reversal if it happens to another cryptocurrency. With a negative 90% scroll down from the top and hold your baggage for 3-4 years. How many of us have been through something similar? So this is just for investors and holders, not day traders, so that when you make a profit, you, like me, will wonder whether to sell or hold.

And surely these signs will help each other holders and investors so that you can decide on the crypto assets you hold. Especially if the signs appear at the same time, our assumption that we are close to the top of the market or that we are already at the top is getting stronger.

LET START:

1. Over extended price movement



The image you see is an example of a parabolic curve, which occurs when the price of cryptocurrency or Bitcoin has risen too much and takes on a parabolic shape. It usually has numerous bases, however this section is a little tough. This is where cryptocurrency market behavior comes into play. It is 96x, just like Bitcoin from the bottom in 2015, from $200 to $19,000 in 2017. He only surged 21x throughout the 2018-2021 bitcoin bull market, therefore based on market behavior, his rise declined with time. As a result, we should aim to place our profit objective below the 21x rally.  If Bitcoin doubles in the next bull market, it will be worth between $150 000 and $250 000. At current pricing, our goal is to profit because it is only conceivable to happen in 10x-16x Bitcoin, but altcoins can make 100x to 1000x profit, depending on how new the altcoins are.

since, in my opinion, the new cryptocurrency will actually climb higher in these scenarios since it lacks bag holders who are entrenched in the previous bull market and are ready to exit. That is why, with altcoins, it is up to us to decide when we want to exit and profit.

2. Reaching personal target goals

This is the simplest: individuals who invest should have personal objective goals, and when those goals are met, we will sell immediately. We don't care if it goes 100x or if the token is held; let's get it done first. That's fine as long as we've met our goal. Others, particularly newcomers, have a problem in that they don't have an exit strategy; they simply buy tokens and then wish for the moon. Others, referring to themselves as long-term holders, just see purchasers and experience a price drop and fear, selling quickly, or see that the token purchased has pumped 1%, selling immediately or taking profit. When hybrids achieve a 1% profit, they quickly become day traders, and long-term holders.

So, what is your goal before you buy a token? Long-term investors or day traders? Because you can establish your profit target once you have recognized yourself in the crypto space market. So, what is your goal before you buy a token? Day trading or long-term investing? Because you can establish your profit target once you have recognized yourself in the crypto space market. It's simple: when I buy a token and it goes 5x or 10x, I'll sell it; or after bitcoin halving, I'll just wait a few months and see a 1000x rally in the tokens I hold; I'll sell it; or when I have reached your personal goals, such as you want to buy something and the value of your tokens has reached that, then sell it, and there's no need to look at the chart or think that the value I might miss it.

Your tokens can really rally, but they can also crash. As a result, it is case-by-case.

3. Divergence between price and network activity

This suggests that there is a distinction between the two indicators, and that their movements are opposed. For instance, asset prices rise but network activity falls. The movement's direction is different because we can only state that the token's movement is healthy if the price value rises and network activity rises as well. it is increasing for a reason, and that reason is that the project is in high demand. In crypto, we can see network activity in onchain statistics, such as transaction volume and active wallets. The development of new wallets is increasing, which suggests that there are more users coming in or keeping tokens.

The network cost is rising, as is the hashrate for proof-of-work coins such as Bitcoin, and the staking metrics for proof-of-consensus networks are rising as more individuals stake tokens. However, if there is little network activity and the price rises, it does not rise, and there is not much happening in the onchain activity, indicating a divergence in the price movement in the network activity.

Then you should probably consider taking a profit now, because the price pump that occurs for the token you own could be caused by market makers or hundreds of individuals. And, sooner or later, the price will come down.

Hope this will give help additional knowledge to everyone

I see a lot of threads here saying that now that Bitcoin ETFs are approved, it will boost the Bitcoin prices. However, that has not happened in last few days.

I researched more about it and came to know about this new point of view regarding this Bitcoin ETF. According to this point of view, Bitcoin  ETF has made Bitcoin mainstream. It has become something like regulated and as a result the premium effect is gone. Because of this, there will not be that much volatility in prices now and thus the returns it gave in past are now not possible. Do you agree with this point to view?

Here is a link discussing the same thing
https://www.moneycontrol.com/news/business/wire-news/crypto-is-going-mainstream-which-means-its-over-12135721.html/amp

Former deputy governor, BOE believes Bitcoin can drop to zero. I wonder what his opinion is at the moment.

"Their price can vary quite considerably and they could theoretically or practically drop to zero." Jon Cunliffe saiid.

And what's the different between theoritical and practical drop to zero for BTC?

Can the price theoritically drop to zero but practically trade above $40k. Kinda confusing.

Compliments of the season to everyone. Why It's good to be patient while investing in anything like cryptocurrency. About four years ago, my brother introduced the family to Pi, a new cryptocurrency that you can mine on your phone for free. He told us all we needed to know about it. Some of us were skeptical, while others ensured they mined every day, and some just ignored it. Over the years, some gave up along the way and never bothered to invite others or even continue mining.

Just three days ago, someone my sis knows contacted her that she wants to buy Pi at the rate of 300. My sister, who had been mining but gave up, and never believed in it again decided to sell hers. I tried convincing her that it's not a good idea to sell now because by 2025 when it will be launched, it will be worth more than what the person is offering. My sis  wasn't convinced and sold hers for about 98k. She was so happy because she didn't believe the Pi she had been mining for years would yield something. Now everyone in the family is interested in mining now, because them don see small money my sister made from it😃

The point of this story is that many people have been introduced to various investment platforms but didn't have the patience to continue because they wanted to see profits as fast as possible. I'm happy because my sis, despite selling all her Pi, now realizes it's real and this will motivate her to keep mining. The person who bought her Pi is investing in her future because she understands its potential value when fully launched.
This is why it's good to buy as much Bitcoin during its bear run or bear market and not succumb to fear and sell them off. Cryptocurrency investments require patience.