Lolz!! People are eager to get rich and they don't want to hear anything that will stop them and all they want is to get money so they look for the fastest ways to get money so most of them join trading and thinking that they can makw in trading faster than investment. And I thank God that trading has shown them the disappointing ways. Though trading use to give instant money if you know how to trade.

But you have to be careful when trading. Yes as you said op, trading is not a Ponzi scheme in which one can come in and starts to make money and become rich overnight. Even ponzi schemes don't get you rice overnight.

Op is no need to know the percentage of each person portfolios but you can also the diversification of the person's investment. You don't have to know because that is a private affair. And as for me I am only invest in Bitcoin and Eloncoin altcoin. And the two are doing great. Though Eloncoin is just a new project that hit the market recently and it is doing well. Diversification of investment is good and it is also dangerous because altcoins are not reliable. They can disappoint someone at anytime.

This not a big deal, if I  will create threads to all the people I have introduced Bitcoin to, it will full 20 pages article because they re many but I don't have to to write threads on that. Because that is not an achievement. And also before you introduce Bitcoin to someone you have to know the two major risk involved now. Tell the person the high transaction fee and also the volatile nature of Bitcoin so that when the person comes to the field and anything happens he would know that you have told him before so you would not be blame again in any downfall of the person.

That is one of the market policies. You don't have to enter the market and start trading because you loss a lot nof money for the unprepared trading. And I have said this before there are two things you have to do before entering the trading market. Either you have an instructor who is guiding you when to enter the market or you are a professional trader that you know when to enter market. And two basic elements of trading are the stop lose and gain profit. If you know these two things then you are good to trade.

This matter is getting out of hand oh! And when we look at what is happening in the forum things are getting worse day by day. Sinbad was seize by USA government and through that process of suspicious moves and investigations, the admin of the forum was pressurized to ban Mixers in the forum and the achievement of the government was successful and couple with the Tx fee is another problem. I am even suspecting that ordinals are from the government to destroy Bitcoin network. The Matter is not a joking one again. Government is trying all their best to control cryptocurrency but it will be hard for them to do it with Bitcoin. And let see what happens in the future.

A family without children is not complete and there will be no happiness in that family. The matter the parents get money for the family dem no go happy if dem no get children. And even though you have children if you did not treat them well they will not come close to you and instead they would come close their mother more than the father. And in the whole world if you hear and Listen or see, children who love their mother are more than the ones that love their father.

Well we all know shey dis topic na one of di Ogbonge off Topics for we local board but we just dey use dey old body so support our discussion dey go. Make pipo no think am too much.

Op you have discussed my mind these days. People have said this time without number. People that accepting Bitcoin having issue for the transaction so I think they are using another coins for the transaction fee. And worst part of it is the developers are not saying and doing anything upon all the problem that is going on. Is it that they are benefiting from the ordinals. From my understanding of Bitcoin, it is a digital currency which is wise to pay goods and services but with this how can someone pay with bitcoin. Really I am not happy with this transaction fee issue.

It is not all the people that will benefit from and Bitcoin will not reduce everyone from poverty but for those who are lucky and come to it and invest in it. And anyone who thinks Bitcoin will make them to become rich for over night will be disappointed. Bitcoin nis for all but not all will benefit from it. I will not say Bitcoin can't reduce poverty because many have benefited from it and Bitcoin has created a lot of millionaires and billionaires. So those who are serious and investing for long term and when the bull times comes for you to harvest then your poverty will be eradicated.

The most successful family in the Earth needs the children as well because the division of labour will be circulating to everyone and everyone would bring things to the house. And that is why a success of any family must be plan base on the family trees. The man been the head of the family has to direct the rest people to achieve their potentials. And that is why a family without children is always not really a happy family. And children are trained from the childhood by the parents and when they grow up, they would not deviate from the family norms.

And these days working class parents hardly have time for their children and that make some of them to put their children in the boarding schools so that they would have time to work.

Before someone identify himself as a Nigerian, the general public also know that you be Nigerian so even you know talk dem know so dat is why many people dey talk. We all know that this is a forum of anonymity and in that magnitude everyone must keep that secret. Op you should also know that there are some people in the forum that are not from any local board and what local board was created was because of the barrier of the English language and also to identify those active countries in the forum. And to bring more people to the forum to learn Bitcoin and increase the number of Bitcoiners. So if you have not identify yourself as a Nigerian then you can ide it but if you are not then can mention your country when necessary.

1 have not used this Litecoin but from what I am seeing in the forum it is one of the good cryptocurrency in the market because people are using it to receive payment too. And the current price is $71.05 and that means the coin is improving in value and price, therefore investing in it is not a waste. But I don't know if the project is decentralized or not and only seen people talking about it at all time . And one of the good thing of the coin, the community support the coin so so the fear of the people is limited to some extent.

Op your attention is needed here https://bitcointalk.org/index.php?topic=5478599.msg63352643#new, as I been dey go through the threads in the local board nai I come see this one wey I dropped the link for above so make you attend to that matter with urgently. If not this account wey you don get like 4 merits fo fo down and you go starr from the beginning again.

Bitcoin fit remove poverty from people and dat one na easy thin

But patient is one of the element for long term investment. Even though the person is doing extra works to support himself for in the investment he has to be patient because you might used your investment funds to buy something in the your business if you have waited enough time and the price is not going up for you to sell them and use them in your business.

I understand what the op saying, constant income to the life of the investor will save him from thinking of the Bitcoin investment at all the time.

I will first start from the topic. Yes it is possible for one to make such amount of money in the year if the person is good miner. There is money in mining but what people are not doing it because of the criteria that involve. The basic things one need to mine is constant light, the location and finally the mining machine. And for you to have to equipment before mining you need enough money. And not that people don't want to invest in mining but the expenses is one the things that making people not to invest in it.

Though your thread is some how complicated but the idea is captured. And if you want to invest in a project that is very close to Bitcoin then that you have some amount of money to invest. And that money can be invested in Bitcoin. Use that money to invest in Bitcoin and hodle it for some years and when you have gotten enough then you can split the investment to another altcoins and doe now there is no coin which very close Bitcoin that is decentralized. Or so you want to try Ethereum? Ethereum is the second cryptocurrency in the cryptocurrency industry.

Well that is nice trade and the present market cap of the coin is $0.1836 which is a good growing coin in the cryptocurrency ecosystem space. And another thing is for it not to come down again and. Instead growing up because most of the coin would give hope to people at the initial time and later will run down to a very low price. But op I have not really gotten your figures very well. You said, a guy made a purchase of 100x and and base on the DeFi market he made a profit of 100k. How? Because the even the price of the coin is not yet $1.

Op I got my 100% knowledge about Bitcoin from the Bitcointalk forum. There are two things every users have to do here in the forum. One is to learn what you don't know, and that means you don't know cryptocurrency (Bitcoin) so you are here to learn and when you known then you start to educate or contribute to knowledge and when you have contributed to knowledge for people to appreciate then you rank up and if you want to join  signature campaign to contribute you are free because it is your knowledge. The world now is rule by knowledge.

And what you said that everyone profile has signature code is wrong. JJG is a reputable user in the forum and he is contributing every day yet he is not in any campaign. And not everyone has the ambition you have in the forum. Some are just here to educate others about Bitcoin. Well the banning of Mixers has made AltcoinsTalks to grow well but that will never affect the activeness of Bitcointalk forum. If you check the total number of active threads in beginners and help board in the two forums, you will confirm that Bitcointalk is far active than the AltcoinsTalks. There are some days AltcoinsTalks has only 4 threads for the whole day but in Bitcointalk it enter two pages.

Op your starting point in the cryptocurrency journey is very nice. I appreciate your courage and effort to buy at this time of the Price. And I believe you are hodling for a long term and not for short term. And you do well as you immediately transfer them to Electrum wallet for more safety. And as others have said, don't keep only one backup of the seed phrase and at least split them it for like three places so that when you misplaced one you can still have another. With this amount of Bitcoin you have gotten in the next bull market of ATH, you will be one of the new millions in your village.

Op this has been discussed many times in this section. For you to detect a good altcoins to invest, you have to know some the factors or elements that move with them. And the number one thing to know is the community support of the project. How many people support or talk good about the project. And another thing to look into is the market cap of the project. How how much is it sell in the market and is there any DEX and CEX platforms has the project listed itself. These are some of the things to know before proceeding to invest in a such project.

And don't just invest in a project without finding out the value in the future.

I understand what you mean but long term investors too buy coins when the price is low and hodle it for their long term goal investment. They too don't buy coins when the price is very high because they know that they would not make too much profit from it so they buy enough when price is on the bearish. Trading are buying like that because they are looking for instant profit and not even two days or weeks. And for this days, traders use Litecoin and Ethereum more and it is giving them good profits. Trading is just a calculation and when calculate to the rightful direct then you will definitely make your profit.

Bitcoin trading this days is some how difficult because of the withdrawal challenges of the tx. So many use alternatively.