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1361  Economy / Trading Discussion / Re: When Trading becomes Unfavourable on: January 03, 2024, 11:53:38 AM
There are few factors that leads to unfavourable trading, these factors includes Greed, and chasing a trend, Traders are expected to encounter Challenges during trading and relating these challenges with people's experiences can be the key in solving the challenge, 
Sticking to the trading plan is also good to avoid unfavourable trade as changing plans in the middle of a trade Can really lead to a loss in trade.

If the trading pattern you stick to stops working for you, and you probably stop gaining profit from trading, then it is time to review other trading patterns and make some changes because no one wants to lose.

Greed is not always favorable, but following trends pays sometimes when you do good research about the trend and take caution before starting to follow the trend.

I believe that inasmuch as it's good to stick to a pertan in trading and follow it through, we shouldn't be too rigid because we might discover midway that we're charting in the wrong part. So what I think is that we should apply caution and patience while making trading decisions so we can get profitable results, I think that in some rare cases that it's ok to follow trends if you must, only that whatever decisions must be carefully thought out. Why I say this is because with the best trading pertans and perfect market analysis and predictions, traders still experience loses, so the trader can sometimes be dynamic and change a strategy when it's absolutely necessary.
1362  Other / Politics & Society / Re: How is an ordinary person's week going in your country? on: January 03, 2024, 10:59:19 AM
In most countries people who work in established companies, do the same 8 or 9 to 5 job routine every week day, I think that is the standard, the difference will be the salaries and job securities. Although in factory jobs The owners tends to exploit their workers who work longer ours for very poor salaries.

I'm self employed, I run a small business and I open shop by 8am and close by 8pm, Monday to Saturday, my business is not stressful, so I find time to do crypto stuff. I spend my Sunday with my family, we go to church in the morning and most afternoons we look for somewhere fun to visit, maybe a cool mall, the beach, visit family and friends, if we're expecting a visit from any of them, then we stay at home.

Most business people in the big cities in Nigeria, likes to hang out after business hours, you'd see a lot of beer and assorted meat and fish berbecue joints, some days I'd have a few drinks and chops with friends and take some home to wifey.
1363  Other / Beginners & Help / Re: Bitcoin - Contentment / Addiction on: January 03, 2024, 09:31:10 AM
Human needs are insatiable, so the more you aquire the more needs that will arise, so inasmuch as we're alive, we'll always want to accumulate wealth, if for nothing else, just for the fear of the unknown. Although I think that Bitcoin accumulation can only be called addiction if a holder will neglect very important financial needs that arises and still goes ahead to buy Bitcoin, with money that could be used to solve the problem, or if the holder will not take care of their financial responsibilities because they want to continue accumulating. But if a holder can meet basic financial obligations and decides to be putting certain percentage of their income into accumulating Bitcoin for the future, then it can be classified as contentment, although it's important to work out a long term time frame on how to use or enjoy the accumulated ROI.
1364  Alternate cryptocurrencies / Altcoin Discussion / Re: Top 10 Gainers Among Token on: January 03, 2024, 08:31:26 AM
I don't see any reputable coins or tokens in here. Some of them are, actually most of them I have never heard of. I am a guy who likes to take it safe and not risk everything on something new which may or may not have potential to grow in the future. Despite being the top gainers in the last 24 hours, anything could happen to them at any given time.
Researching something new in the altcoin market seems like hassle and west of time to me. They could actually have potential but as everything goes with altcoin, when the trend or hype is over, the project is most likely dead. Thank you for bringing up the topic but I don't think this will do any good for me.
The price pump could happen anytime given the current market situation. For that reason, try to stick with something reputable which can take you a long way. And if you are able to take the advantage of the recent market condition, then sure you should take it. Just a little reminder, don't blindly buy anything that shows green right now. Anything that goes up counts down as well.

It's good to be informed about the latest happenings and trends in the crypto space, so investors can be better informed when choosing any coins to put their money in, it's also more important to diligently carry out research before emberking on the journey. The top gainers in the last 24 hours as listed in the OP is not a guarantee that they'll keep pumping and be profitable for investors to rush and buy them, because anything can happen in the coming 24 hours which might change the naretive of their positions. Like you I'll rather stick with  reputable altcoins and Bitcoin that have proven their consistency in the crypto market, knowing that even if they experience price dips that they'll surely pump back with higher ROI.
1365  Local / Nigeria (Naija) / Re: Why some newbies dey quick lose interest for the forum?? on: January 02, 2024, 06:05:42 PM
Most times na di mindsets wey newbies carry enter di forum na im de determine how dem go operate or last for di forum, so if a newbie take small maturity enter di forum, dem go de apply wisdom to de follow as di system be. If dem first understand say first thing first na to gain knowledge, den na to get tolerance to accept every criticism, despite dem best efforts, because dem wan to learn from people wey dem no pay shishi. Secondly make di thoughts of campaign and earning for di forum be motivation for dem to focus on improving demsef with quality posts, no be say dem go want am rush rush. I enter di forum with zero knowledge about cryptocurrency, so I focused on learning , despite whether I receive positive or negative remarks for my posts, because I reason say if I vex comot e no go affect dis people campaign rewards.

Aldo some of our senior ogas dem suppose to de correct newbies with love, no be for only our local board but for di entire forum, so di newbies go de encouraged to continue to de try.

Las las, merit matter na im be di Koko, infact na im be di main ingredient to take give newbies di greatest morale to de active and to de try to make quality posts. E no easy to de put efforts and nothing to show, e de kill morale, no matter di maturity of mind. So if members go de reward newbies with merit, like di boss @Cryptopreneuerbrainboss, e go de very good. I hope say make we get more merit sources for our board, e go encourage newbies to de active and do quality posts.
1366  Alternate cryptocurrencies / Altcoin Discussion / Re: How to check if an altcoin is a scam on: January 02, 2024, 04:09:51 PM
Some altcoins can still pass KYC, have a licence, pass some audit verification, and still be scammed. It's very easy, and it's common during this period to acquire information that could be used to pass such verification. Such verification is common online, and that's why the dark web has been declared a bad place because they sell things like that.
 
We should always do our own research and see how serious those who are offering some tokens to us are and if what they say they are creating is being created and developed as they say they are developing, because most of them are just making fake promises and using that means to raise funds from investors, but at the end they end up using up the money for their own selfish interests.
Exactly, scammers can do everything possible to scam people, they do all that to make people to believe that everything is okay with the project and they can even work or be active for some years to do business with customers with a legal and legit ways but when they have accumulated enough amount which have been looking for them they would start the maintenance of the site and from the maintenance of the site everything would went off and your funds would get lost.

And really this guys have different strategies to scam people though what the op said is good but whenever investing in altcoins make a good research about the project before investing.

This is very sad because developers who have the intention to scam investors can have a long term plan to gain trust and when they've reached their expected target they'll just crash everything, while their investors will bear the lose. So it's true that scammers can also follow the due process like genuine developers and fulfill all the KYC protocols, in the end their true intentions will still manifest.

This is by no means underscoring the OP well articulated warning signs that we should look out for when checking if an altcoin is a scam, they greatly help to reduce the chances of involving our hard earned money in scam projects. He has provided us with enough guidelines to carry out research on new projects, so it's left for everybody to decide whether to apply them or use other methods to carry out their research.
1367  Bitcoin / Bitcoin Discussion / Re: Bitcoin have behaved like a fine wine 🍷 on: January 02, 2024, 02:34:58 PM
Bitcoin is really a fine wine,🍷 because it gets better with age, since it creation, it has progress significantly into an asset that is worth having,  from the days when it's value was not even up to $100 to now that it's over $42000 plus, I just believe that after this next halving it will gets even better, and now is the best time to DCA into Bitcoin, because the reward will be worthy of the wait.

Right now, it's just a 14 years old teenager still trying to find it feet in terms of adoption all over the world.
But am really confidence that it will get even better from it value, popularity and adoption because it's a fine wine 🍷 that gets better with age.


It's true that we can liken Bitcoin to fine wine that gets better as time passes, because it has continued to proof it's worth from the time of it's creation, it's value has continued to increase till today. I remember when it came on board as the first digital currency, people were very skeptical about it, many thought that it was a Ponzi scheme or a scam and after sometime it'll vanish with it's investors hard earned money. Today Bitcoin has proven critics wrong, many of them have turned believers and started it's investment, better late than never because they've seen that it's acceptance, adoption and profitability keeps increasing, and they can predict that it will keep getting better as time goes by. Bitcoin investment also gets better and sweeter if kept for a longer time.
1368  Economy / Economics / Re: First time? A company suing because people aren't buying its products!!! on: January 02, 2024, 01:24:25 PM
I just read this news and I can't stop laughing.
McDonald's is said to be planning to sue people who have been refusing to buy its products over the past months leading to their $1.3 million loss. This is due to a boycott movement where people in a lot of countries are sanctioning this company because of its support of the Zionist regime that is occupying Palestine and is committing genocide there.
It is ridiculous because they can actually focus and dedicate the funds that they will use to pursue a court case on rebranded marketing, and other things like giving back to the community, so that they can improve their status and have a good score with community members who already frown at them for supporting the zionist movements.

The situation the company has put themselves should be a lesson to other established brands and company to be careful before showing support or taking sides with any movement or cause. Sometimes as a company or brand, keep your opinions to yourself, neutrality will safe you from some loses that can be made by picking sides.

If MacDonald, actually came out openly to take sides in a war, then that is a very bad business decision, inasmuch as their products is not specifically made for the country that they're supporting, then they should accept whatever consequences that their actions bring. A multinational foodchain company that has branches in every parts of the world and expect people of different believes and preferences to patronize them should not involve in politics, not to talk of taking sides in a war. With all due respect to the owner and management of MacDonald, I think that suing anybody or organization because people don't patronize them can be the dumbest decision that they'll make in this case.
1369  Economy / Gambling discussion / Re: Can loneliness make one addicted to gambling on: January 02, 2024, 12:11:12 PM
Loneliness can make people to become addicted to anything that will distract their minds from the cause of their being lonely, there's a whole lot of addictions, alcohol and smoking, pornography, drug, womanizing and a whole lot including gambling. They'll initially engage in this acts as a temporary measure to get over their lose, and as time goes on they'll unintentionally become fully involved and eventually addiction will kick in, and it'll be difficult for them to leave it. Even if they finally overcome the addiction it's likely that they'll find another recreation to engage in to overcome the void that the addiction that they left will cause, in the end it'll be going into another addiction to get over an addiction. So it's best for anyone that is going through loneliness to be strong and disciplined, even if they most engage in gambling or any other activities to get over the pains of loneliness, they most tell themselves that it is temporary and bounce back as soon as possible.
1370  Economy / Trading Discussion / Re: Achieving a goal on: January 02, 2024, 10:41:58 AM
You want about 8 times the amount in about 12 months and without risk or loss of part of the amount. Getting such a guaranteed investment is too good to be true, so beware of anyone who may offer you an investment opportunity like this.
If you invest in Bitcoin, it will be possible to get X3 or X4 profits during the next 18 months, but more than that is a little difficult.

It's possible for him to hit a profit of 8x or 10x with altcoins investment, but let him also understand that it comes with a high risk because chances are that he can lose his capital in the process. So the best bet for him now is Bitcoin, lucky for him we're in the build up to bull run ATH,, so it's price will keep pumping even beyond his target of 12 months. And like you predicted he can expect a minimum of 3x guaranteed ROI with peace of mind, because Bitcoin is the most reputable and reliable cryptocurrency.
1371  Other / Politics & Society / Re: People wake up now on: January 02, 2024, 09:01:29 AM
Yes people wake up now and that's why people Will stop obey goverment and Banks but Will go full in crypto.
Full stablecoins and crypto no taxes no slavery only freedom now

It's true that cryptocurrency and stablecoins offers us preferable options for our money, because of the the freedom and privacy that they provides us the holders, although that should not be a reason to discredit the importance of government and banks. The two institutions have been existing before cryptocurrency came on board, and they don't in any way disrupt the activities and usage of cryptocurrencies, so government and banks don't need to stop functioning for cryptocurrency to become more relevant and increase in adoption. Cryptocurrency gives it's holders alternative choice to use for payments and as investment and trading for profit purposes. Also don't forget the risks that's associated with cryptocurrency, it's volatilities and many scams, so we can't blame anyone that doesn't join the crypto bandwagon.
1372  Other / Beginners & Help / Re: Tax on projects a scam habit? on: January 02, 2024, 07:36:52 AM
This altcoin tax system is very simple; it's for those legit altcoins that are actually doing it for a good reason and not to scam people with their token.
 
There are many reasons and purposes for those tasks, which are to reduce the circulating supply, reward holders, and donate to charity. At least that's what most of them do.

However, sale tax is like a scam already. Because firstly projects with their marketing, make their users think buying NFT, playing games will bring a lot of profit. At the end, most of promised profit will be charged through sale tax and the project team take it. What they do with those sale tax income, users can not control.

Calling tax as the name of whatever it is that they charge  is suspicious to me, they could give it another name or just call it changes, because I believe that taxes goes to the governments. So if the developers of these projects call whatever they charge as tax, then they're obligated to remit it to the government, if not, then it's a scam, because you can't tax investors and withhold the taxes that they pay, it is criminality. It doesn't matter how legit an altcoin is, collecting charges from investors shouldn't be called taxes, let them find another name for it.
1373  Alternate cryptocurrencies / Altcoin Discussion / Re: Binance Launchpool, a possible earning opportunity? on: January 02, 2024, 06:41:40 AM
Similar to other capital attraction platforms, launchpool also has its own challenges. In cases where the participation volume is too large, there are not too many expectations of profits, and there are also risks when BNB price drops, priority with stable pools is really too narrow. But it is an investment that has the potential to increase profits and risks, so if you accept it, I think there is not too much to think about. And with Binance, their reputation has been proven, pumping is good but remember that anything can happen with centralized services. FTX is a more realistic example for us. But of course, at this stage I also have to admit that the chances of making a profit are better.


I can risk to put my money on a project that has affiliate with Binance, because they've built a solid reputation in the crypto space, although i presently don't have interest in this launchpool, but I can't deny it's potentials to be profitable. I can only echo what the knowledgeable people in crypto would say, that you should stake the money that you can afford to loose, because afterall nobody can deny the risks that's associated with anything that has to do with cryptocurrencies. So let the launchpool potential perticipants do there research and decide whether they're good for it or not.
1374  Local / Nigeria (Naija) / Re: Anytime na opportunity to invest for bitcoin on: January 01, 2024, 06:14:05 PM
Bitcoin investment de very unique in di sense say na for your own pace you go de do your investment, and you no need any specific amount to take start. Di beauty of im investment be say you no need to wait till your money reach 1 Bitcoin wey pass $400k before you start because no be small money be dat, you fit start with Bitcoin smaller units wey be in Satoshi, de do DCA de come, before you know you go don hodle am plenty. So anybody wey don de privileged to sabi Bitcoin investment now, e never de too late, after halving we de expect bull run wey be di time wey investors go see better ROI for dem money.
1375  Alternate cryptocurrencies / Altcoin Discussion / Re: ICP pumping - is it time to take profit or too early? on: January 01, 2024, 04:56:30 PM
I am in two minds if I should cash out half of my investment soon once I 4x and let the rest ride till the bull run or if I should hold strong and not cash out anything until I 10x at least.
Take profit that you are happy and if you still want some bags for eying more 50x then leave some if youre confident for this project. Also you cant expect it to outtrun its previous ATH cause coins arent gonna be always like that and has a lot of factors to be consider. But who knows if ICP could break its ATH again on bull run. But you already x4 means you are doing good. Not really fan of this token but on investment perspective its still early since this ICP priced a lot during the last bull run.

Everything said on this thread is on prediction and advisory levels, none has 100% certainty, so it's for him to consider everything and make his decision. What I can add is that if he has no important pressing financial obligations now, then it's best that he leaves the coins to hopefully live to the full potential of his expectations. His mark can be when it reaches 10x or more, then it'll be safe to sale the percentage that he desires, but he has to understand that there's a chance of it dumping along the way, that's why he has to make the final decision of whether to sale or hold.
1376  Bitcoin / Bitcoin Discussion / Re: Jamie Dimon said he would close Bitcoin down if he was in government on: January 01, 2024, 04:04:32 PM
First, he is not a government staff nor a President of any country.
Second, JP Morgan is a big commercial bank but it is not the only bank globally. It does not have super powerful power to do anything that can

Third, and most importantly, the government cannot shut down Bitcoin. Neither can JPMorgan. Neither can all of these extremely powerful banks all over the world. Neither can the combined powers of both the governments and the banks. Having said this, Jamie Dimon should either shut up because they're all helpless and powerless in the face of Bitcoin or hop on the bandwagon, be cool, make money, be more powerful, and be free.

Clearly he is expressing his personal opinion which he is entitled to, he has probably seen the potentials of Bitcoin in the future and is feeling somehow threatened that a decentralized digital currency might take over as a dominant force against fiat currencies in the future. Despite his stance on Bitcoin, the adoption keeps increasing, so Bitcoin holders don't need to worry about his remarks, because it remains a decentralized asset that keeps increasing in value and there's nothing he and other haters can do about it. Just like in the banking industry you'd expect that there'd be scammers and illegal transactions in crypto, that does not mean that there are no genuine holders of cryptocurrency, it's just so miopic.
1377  Other / Archival / Re: Generational wealth on: January 01, 2024, 02:58:45 PM
The key to make money in healthcare is don't cure your patient too fast, make them back to you and spend more money to follow other steps. Since a pharmacist not allowed to diagnose the patient, you need to make a personal agreement with the doctor who work as private medical practice in your pharmacy.

This sounds like an evil, but that's a way to make more money in healthcare if your goal is for business.

Cure your patients slowly so they'll keep coming back and paying more, that sounds shrewd, but I guess that's how businesses thinks and keeps their going concerns, the pharmacist will think turnover rather than giving a one time cure.

So if a pharmacist wants his business to be a generational wealth, then they have to bring some of their children or family members to study pharmacy and teach them the business aspects of it, so that the tradition can continue to be in the family. If atleast a family member is not a passionate pharmacist, pharmaceutical wealth past to the next generation can be lost because they can mismanage or sale the wealth that is past to them.
1378  Economy / Gambling discussion / Re: Mayweather vs Pacquiao II on: January 01, 2024, 01:56:08 PM
This could be one of the biggest match for this year and that's a big announcement already.
Though there's a lot of speculation already so better not to expect that much especially with Mayweather as he wants to protect his record even if its an exhibition match. Another big money machine for both boxer, and let's just see if they will both agree for the terms and i'd hope that Manny will won this time so they can have the final rematch in 2025. Cheesy

Or this can be one of the biggest upsets for the year of 2024. Here is why I think that - these two are already old. Of course they are still better than majority of boxers of their weight class, but if they come to ring today, they wont be the same boxers they used to be. They wont be able to show 100% of what they are capable of. They are no longer in peak form. People will watch their fight only to watch their favorite boxer fight again, but not to find out who is better.

Indeed both won't be in the form that they were when they had their fight, but that will not take anything away from the fight to be one of the greatest sports event of this year. Their fight was one of the epics in the boxing history, so I believe that this coming fight can live up to expectations, because fans will want to know how the rivalry will turn out , whether Pacquiao, will redeem his image and win or Mayweather, will finally retire in glory as a true undisputed world champion. Although I don't mind Mayweather, losing this one, so the boxing world will yet see a trilogy of their rivalry match, because I just love the thrills of seeing these two legends in the ring, even if it's exhibition matches.
1379  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Worth buying 1B SHIBA INU ? on: January 01, 2024, 12:53:20 PM
No one knows what will be the price of Shiba Inu after 10 years but there is a possibility that it could reach 0.002$ however, since it wasn't created for adoption it's very risky to hold such a big amount 1b Shib is around $10k and take note it's not a coin but a token, unlike Dogecoin.

If I were you instead of investing all of your money in Shiba why not diversify your investment and not focus on Shib because there are lots of other options that have more potential compared to Shiba Inu like Solana or Cardano.


Nobody knows for sure what the potentials of shiba inu will be in the next 10 years, we can only predict at this stage, but with the nature of memecoins OP must've studied it's potentials and have faith that it'll give him what he wants in 10 years. Personally Bitcoin is the only crypto that I can make a long term investment plan for that long because I'm sure that it has built a solid reputation over the years as the king of them all, I can make an exception perhaps on Ethereum, but for others I'd have to monitor the market tend and decide whether to sale or keep holding.
1380  Other / Politics & Society / Re: Moving to America on: January 01, 2024, 09:34:19 AM
I would say that that depends on the kind of lifestyle you want live and what kind of job you are hoping to have in america a lot of people move to new york since they believe they can really be successful in that city although i heard that the apartment prices in new york are extremely expensive

I think wherever state you go to, there will be always some kind of racist you can meet one or two racist person everywhere you go so the state where you should be going must be considered depending on the job you want to have or is expecting to have

Not an American and I've never visited the country, but from the summary of what I'm getting from this thread is that the big cities like new York and California, are more accommodating with very minimal racism, but the cost of living in these big cities are very high. While the country sides have more racists but their cost of living are more cheaper compered to the big cities. So it'll come down to preference, if a white person from perhaps Europe, wants a state in America, that the cost of living is moderate, then the country side states will be preferable, because there'll be no racism concerns for the person. But if the person is perhaps asian or especially black, then the big cities can be a better option because of the acceptance of people of all races, but they have to contend with the high standards of living. My analysis is based on assumption, as I've not carried out any research on the topic outside of this thread.
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