These peasants are the ones that have chosen the slave mentality, they live to please their masters, accepting whatever that is thrown at them. In reality some people have been brainwashed to believe that without some certain influential and wealthy people, that they'll amount to nothing, and this wealthy masters will never give them something substantial that can change their lives, they'll only give the poor guys barely enough resources that can change their lives, so they'll forever depend and remain grateful to them.

It takes to see the light by being enlightened and mixing with positive minded people to emancipate from the mental slavery, it starts with people in that category to know their rights and fight for it.

Although this is not easy to achieve, because even after knowing your rights, without the resources to survive on your own, some might find themselves going back to their vomit, by going back to their oppressors just for a plate of meal.

The strategy sounds amazing in theory, but in practical it might not be entirely accurate to rely on the plan. It all comes down to taking chances because low ranked altcoins might never find their way to the top, and money put in it might sink with it. So simply put, it'll come down to gambling your fund, because you never know for sure the ones that'll give you the desired multiple profits. Cryptocurrency business is where despite your best predictions, in the end it's the market that determines the outcome of profit and lose. Although some scam projects are designed to fail from the beginning.

If you're however talking about investing in top altcoins that are experiencing severe dip in price, then you can invest in them with certain assurance that they can pump and come back to relevance, like the recent case of Solana.

This lifting of ban is a welcomed development in the Nigerian crypto space, because it will pave the way for a wider adoption of Bitcoin in the country, because before now there had been mixed feelings about cryptocurrency in the country. People mistook the central bank (CBN) ban on banks not to facilitate cryptocurrency transactions to mean that Nigeria, has placed total ban on cryptocurrency usage, this misconception really affected the adoption in the country, because many Nigerians, saw Bitcoin as illegal in the country, and won't have anything to do with it.

The government through it's CBN lifting of the ban on banks to facilitate cryptocurrency transactions will now set the record straight that Bitcoin is not a scam, that it's a legitimate business that people can invest in and use as an alternative means of payments in the country.

Starting a new business is good because it's your passion and the joy of watching it grow is something that is worth experiencing. You'll take a business that you started very personal because you wouldn't want your efforts to be in vain, thereby nurturing it like your baby and will do all it takes to make it work.

Despite the advantages and passion of starting a business from the scratch, if I have the means, I'll rather buy and existing business that is doing great in the market, because what it needs is a good or better management to continue giving unique outputs. If it's an industry that you're very familiar with or you can hire a professional team to head the business all the better and less stressful. Why nurture a business from the start, where you can buy it when it has grown, saves you time and stress of grooming it, what is important is if you can be able to sustain or surpass the growth of the business.

It might be in the ethics of gambling that the owners and workers don't gamble, I wouldn't know the reason why, but I'm guessing that they know the implications of being addicted in gambling, perhaps they'd rather have their customers do the gamble and be addicted while they can be more focused on collecting the money. I have a friend that worked in a sports bet company, he told me that as workers that they're not permitted to bet, I asked him why and he replied that it's the instruction that they're given. He also told me that if they want to bet, that they do so through a second party, so I concluded that bet and casino companies knows that loses are greater than winnings and they don't want themselves or their employees to be distracted, in the case of loses that'll affect their work.

Some members don start similar topics but this one de slightly different, OP de talk about di benefits of lifting di ban, so similarities de but dem de different.

One big benefit wey I see for di ban lifted na say e go help remove di stigma and all di negative perceptions wey Nigerians get about Bitcoin, plenty people think say na scam, dat na why government ban am. Hopefully di adoption of Bitcoin go increase as dis ban don comot, and we no go see any harassments again from government officials.

It's good to diversify in cryptocurrency, because there are many options to choose from, only you'd have to do your investigations about any coin that you intend to put your hard earned money into. Despite the many cryptocurrencies in the crypto market, I have very limited options to choose from, the number one is their undeniable king, Bitcoin, then top altcoins like Ethereum, never new projects, despite their huge promises of ROI on a short term. Maybe I'll diversify into new projects one day, but I'd have to tell myself the truth that I'm gambling my money.

I'm certainly with you on this, I will not like to complicate myself with a technology that we don't know what it's implications will be in the future, hopefully I grow old in sound health, I'll not be needing to experiment my mind with something that an external control can use manipulate me. Neural implants can be useful for people who have serious and life threatening medical conditions, where their only chance of survival is having an implant, it think that it should only be used for such cases.

I sympathize with OP that said that he sometimes experience memory lose, I hope it doesn't degenerate to the level of needing neural implant, but if that's what it'll to retain your memory, then there's no choice but to go for it. Although I'll advise him to carry out a thorough research before considering it as an option, because I just don't have a good feeling about it.

This is a discussion forum and I think that meaningful arguments can help to make us to see points from different perspectives, if we feel like somebody's points are misleading and we come out to correct the person, perhaps the person can present argument in a civil manner to prove their point. What really matters is matured argument where in the end a win win situation will be reached, and everybody in the thread will gain more knowledgeable from two perspectives. If maturity in the use of language is applied, then the argument is based on two different ways of seeing an issue, in the end we can apply one of the perspectives as an alternative option. But if an argument is baseless where a member is bent on having the upper hand in an argument, then it's best to simply ignore such comments and move on, we shouldn't let negative people's remarks to weigh us down.

You hit the nail for the head, as you talk am na so me I reason am, our government know say di cryptocurrency transactions wey de happen for di county de on di high side, and as CBN ban banks to de facilitate transactions, na im be say dem give chance for huge financial transactions to de happen without collecting dem own share.  Now wey CBN don lift di ban, na regulation go follow, dem go come introduce taxation for crypto matters now. So di ban wey dem lift na for dem own  benefits, because na now dem open eyes see say Bitcoin, na real source of income generation for dem purse.

Na very good news be dis because e go change di perceptions of many Nigerians wey think say Bitcoin de illegal for di country, and e go reduce or hopefully stop di harassment of law enforcement personals wey de harrass young guys wey say dem de trade Bitcoin. People go come understand say Bitcoin business no be scam, na genuine business e be.

I congratulate investors that kept their faith in Solana, and those that had the crystal ball to see that Solana, will bounce back by putting their money in it at a time when it was presumed that it was dying. This should be a lesson for investors to take advantage of buying any top altcoin that is in bear run or presumed to be worthless, because  probability is that it can make a surprise comeback to regain lost glory and being very profitable again, like in the case of Solana.

Team innovations is another thing that can revive a coin that has dipped to rock bottom, example is the Solana, deal with Shopify, that added them as a crypto payment, I hear this is one of the big drivers to their comeback. I hope they keep coming up with milestone ideas to remain in the top altcoins division.

Your story is no different from the ones of many forum members who have fallen for these scam projects that promises to give you 100× ROI, but they never live up to their promises. I'm glad that you've learned your lesson to beware of new projects that have not been tested in the cryptocurrency market, I was shocked when I learned about the number of shitcoins that are created everyday, it's a free market, so you'll except the good and the bad to be coming up with their own coins. I always advice to stick to Bitcoin and top altcoins, no matter how the market trends, they'll always remain relevant and profitable. Investing in new altcoins is a gamble, what you see is what you get, most times it's loses than profits.

The matter no de funny at all, di way wey our currency take de devalue and disappear de very sad, imagine a whole 5 naira, na im wey de tell bye bye for dis country, because e no fit to buy anything again. As a matter of fact you no even fit dash Berger di money sef, because im fit to vex reject am, na who you go come blame? No be today our economy begin to de nose dive, in the early 80s, dem de use kobo, dat one die, in the early 90s dem de use 10 kobo, 50 kobo dat one die, in di early 2000 dem de use 5 naira, today e don die, I de fear say if di county still follow dis trend, in a few years e fit reach 200 naira and 500 naira turn. Maybe dem go come print 5000 naira and 1000, naira notes. One day you fit enter local joint go eat and you go spend 20k for a plate of rice and beans. E no funny, which way Nigeria?

Established crypto coins guarantees peace of mind, where the investors are not worried whether the coins will see another light of day, because they're sure that no matter how the market trends, whether price pump or dump that they're money remains safe. A cryptocurrency like Bitcoin follows a pertern that's quite predictable, bear run is a time to sow and bull run is a time to reap, if an investor can predict this circle and wait for the right season they'll harvest bountifully. Bitcoin and top altcoins like Ethereum, will surely give their investors profitable ROI.

This can not be said about new projects, they all come with hypes, giving promises of bountiful harvest, but in the end many of them comes short of these promises, so buying them is gambling your funds, and be ready to accept whatever outcome that they bring. There are credible ones, but in the midst of shitcoins, it is not to easy to know a genuine altcoins.

Thanks for dropping this link, I hope it'll be helpful to me too, I'm yet to explore the potentials that is in web3, hopefully it interests me and I can also profit from it. I'm hearing that that you'd have to get in early for it to be profitable to you, anyways no need to ask more questions about it here, since I'm going to look it up, hopefully I'll get a headstart from there.

This will be so much for Bitcoin being the top currency of the future where it's adoption will make everyone to look to cryptocurrency as the desirable means of transaction payments. Going by your analysis that means that we should not expect any redemption about Bitcoin high transaction fees coming down in the future, especially when the mempool is congested, in that case it'll still remain in the category of "an alternative means of payments", when it comes to using it to make payments for goods and services, because who'll bear the high transaction fees, seller or buyer? Fiat currencies will still be preferable, because it's cheaper and faster. Bitcoin will still maintain what is still keeping it going till today, a valuable digital asset to hold as an investment and for trading purposes, not as it's original purpose of p2p transaction payment currency, the high fees will be a clog in wheels of it's adoption.

The subject of this thread suggests a topic that bothers on world economy that is hit with disaster and how we can come together to salvage it, or maybe the oppression of a perticular class of people. But I'm surprised as you are that the content is about launching a cryptocurrency, he should know that this is an anonymous forum where we come to discuss cryptocurrency and other relevant matters as it affects us and the economy around us. As far as I know any businesses between members in this forum that is at their own risks, and you can't hold the forum responsible for any disagreements or scams. It's better he assembles a team if he wants to start a project.

Controlling gambling addiction can be easier said than done, someone can tell you to just try another hubby, even if you do, you might find yourself coming back to Gambling again. I believe that it takes very high discipline and patience to actually leave an addiction, not something that you can easily replace with another activity and expect the addiction to disappear. The gambler can gradually reduce the time spent on gambling, by engaging in other activities, then gradually there'll be a balance between gambling and the other activities, before he knows it, the time spent in gambling will reduce. If a gambler reaches a stage where he has discipline and can control his gambling emotions, then it'll not be considered
as addiction.

Round 6:

1: https://bitcointalk.org/index.php?topic=5478994.msg63377749#msg63377749
Category: Opinion
Section: Local board

 2: https://bitcointalk.org/index.php?topic=5471754.msg63072832#msg63072832
Category: Opinion
Section: Local board

3:  https://bitcointalk.org/index.php?topic=5470653.msg63077038#msg63077038
Category: Opinion
Section: Economic

 4: https://bitcointalk.org/index.php?topic=5471813.msg63088500#msg63088500
Category: Opinion
Section: Bitcoin discussion

 5: https://bitcointalk.org/index.php?topic=5462188.msg63379959#msg63379959
Category: Opinion
Section: Economic

Coingecko, is a very good place to search for exchanges to trade, you'll see the options, carry out your research and choose, depending on the ones that operates in your country.

It's true that just accumulating and holding Bitcoin or altcoins as an investment for years can be boring, although it's believed to be the safest method of making profit in cryptocurrency. So if someone wants to feel the action and make money on the short term, then it's trading, although you have to be equipped with essential knowledge of trading. So it's true to start with the amount that you can afford to loose, so you can minimize loses, because crypto trading is not an easy business, you'll have to understand it's fundamental and technical analysis, even that is not enough to guarantee profits.