I know the time which we are right now is a difficult time because of how price of every commodities and services have skyrocketed. But I know even with this increase of price in everything we can still meet up with our projects and plans, this can easily achieved if we plan well by avoiding some life styles. When the economy was better drinking everyday in clubs was a lifestyle some people lived and still meet up with their personal projects but right now it is not very possible for a salary earner to go out and drink every day to still meet up with important projects.
Right now food commodities are very expensive in the market, but it is better for one to buy this food stuff in the market and make your food yourself than to go to eateries everyday to buy food. If you calculate the money you spend in eateries to get food for the month it can x3 or x4 of the money you can use in getting food to stuck in your home. Meeting up with project in this hard season one just needs to be very discipline on how money is been spent and you will still leave happy life.
Dem no de tell def person say war don start, im get eyes to see say levels don change. So with di devalue of naira, coupled with price increment of every commodity for market, everybody suppose readjust di way wey dem de take spend money. I believe say project wey you mean na investment, dat one good, but you go understand say na secondary need im be. You need to meet up your primary responsibilities first before you begin to think of project to invest in, na wen you don at least satisfy dos needs before you go start to think of investment. If increase in price of commodities for market make you come de struggle to make ends meet, best thing na to focus on the most important things wey be food, shelter, transportation etc. If e de possible to learn one trade, begin de use am hustle by di side, dat one fit help to earn extra income for your project. |
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Can you please write down such types of new altcoins names with having such massive growth? I want to analysis those for altcoins for future purpose
I don't know what the indicators are to say a project has massive growth, whether it has a minimum increase of up to 10x from the initial price, or the ecosystem has growth  . Here are some projects I can provide: 1. Aptos (APT)2. Sui (SUI)3. Arbitrum (ARB)4. Neutron (NTRN)5. CyberConnect (CYBER)6. Arkham (ARKM)BTW, what purpose do you need this data for? Is it for future price analysis purposes? If so, you can share it here too later, I'd love to see it. A big thanks to you for sharing these collection of new altcoins, except for Arbitrum, I'm not familiar with the others. This is because I never put much interest in altcoin information, only in bitcoin and established altcoins like Ethereum and BNB. This is why this thread captures my interest, in the hope that it'll spur my interest in altcoins generally. I'll have to explore this ones that you have shared, like the OP, i can also be able to analyse then for future purposes. Friends experiences in most new altcoins have been a discouragement to me in building interest in them. Because of scam projects and those that'll become worthless with investors losing. I still can't deny the fact that some of this altcoins are profitable, only they seen to me like gambling. |
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It is good to give back to ones community, but I won't advice someone that won big in gambling to announce himself by telling people that he's giving back to the community from the money won in gambling.
The gambler might end up having more enemies than friends, because people might see it as free money that he didn't work for and expect him to share or squander the whole money on them. If the gambler gives Mr. A, Mr. B will also expect to be giving also, friends will gather around him and expect him to spend money on partying, the ones that he did not spend on becomes his enemies.
So I'll advice that you don't even let people to know when you win big in gambling, if you want to impact lives from your winnings, just support them without going into details of how you won big. Besides the gambler can became a target of kidnappers and robbers
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Personally was going through some sales of mine in the past and the worth of the BTC I had spent few years back today. Thought about it, until I came across of a twitter influencer who also sold his products for bitcoin. And he mentioned he didn't hodl those bitcoin. But he worked strides ahead to build his business such that he'll hold every single bitcoin he made through sales. Same thing I linked to other people who sold products for bitcoin, many didn't hold their bitcoin. But, that's not the issue or problem. The question is what are the possible means of securing our businesses and at same time saving the bitcoin made through the services we render? Mainly I crafted out a new skill out of me that earns me local currency; fiat. Yet building a fresh business from scratch isn't easy, most often, I still use bitcoin to invest on the local online business. Still keep me yards back from achieving my goal of hodling bitcoin made through online business. Contribute your thoughts and personal experiences. As the influencer didn't elaborate how he made his possible.
You'd have to be very rich in order not to touch the bitcoin that you made from your sales or services, because almost every need in this life requires money to actualize. So it's not your fault if you're not able to meet up with the target of holding every bitcoin, that you made in your business. We need to survive from the business that we do, so you can't hold your bitcoin, and starve or not meet other primary needs, that'll be an unwise decision. For me it's either to get a second source of income, that can support your expences, so you can be able to hold the bitcoin from your sales. Or you can cut down on your weekly or monthly expenditure, in order to hold the bitcoin, as desired. |
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If it would have been this easy then everyone would be rich by now. Many people know about the 4 year cycle but fail to buy and sell at the right time.
The 4 year cycle would have worked in the past but it does not guarantee that the same would happen in the future.
Although I beleive that bitcoin will break it's ATH again but I don't know if it's gonna happen in 2025 or earlier/later.
I just beleive it will happen and keep happening but the timelines cannot be predicted accurately.
What worked in the past halving might not be realistic today, because I believe that the adoption of bitcoin has increased significantly, compered to the previous halvings and ATH. So the chart might calculate a new direction this time around by charting a new unpredictable angle from the previous ones. I however see the optimism everywhere that next year's halving will happen, it doesn't matter the month. The chart is helpful to pinpoint a particular time of halving, but my point is that even if it's prediction is not accurate this time, we're still pretty sure of an ATH, and for me that's the beauty, after all the predictions from different perspectives, we're going to have a bull run. |
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Bank investors have more certainty because there capital is completely safe but they give 8-10% annual profits to the investors of per year. But it is comparatively less in terms of profits.
On the other hand you will get constant profits from crypto as if you are experienced in trading then daily profits is possible. Otherwise you can get profits by investing. However crypto investment puts your capital at greater risk (main point).
This choice depends if the investor has cryptocurrency knowledge, this will determine if he will compere the one that is better for investment. Personally with my experience in crypto, I'll choose it's investment over fixed fiat deposit in the bank, this is because i understand how profitable crcryptocurrency are. It also depends on the crypto coins that I'll be comfortable to invest in, it'll be none other than bitcoin. So I'll choose bitcoin investment because despite that it's volatile, it guarantees a far bigger profit, if the investor holds on a long term. Bitcoin has ATH and bull run, something that no bank has, no matter the profit that banks make from you, it's only the agreed percentage that you're entitled to. But bitcoin is decentralized and the control is in the hands of the investor, so if the investor is able to wait for price pump, it's far more profitable to cash in than bank fixed deposit. Aside from bitcoin, I can choose a reliable and time tested altcoin like ethereum, to invest in, instead of new altcoins that I don't know how Long they'll last in the market. |
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Overtime i see that whenever there is a dip in the price of bitcoin, other altcoins tends to follow suit by also dropping in their prices and whenever there is an increase in the price of bitcoin, other coin as well increase in their value. Does it mean that other altcoins cannot be dependent on their own? Like must the activities of bitcoin affect the alternate coins at all time? I really want to understand why alternate coins like BNB, ETH, TWT, MATIC, XRP, LTC, DOT, ADA, SOL AVAX and so many other alternate cryptocurrencies are always affected whenever there is a change in the price of bitcoin like can't they be dependent on there own? as they are all cryptocurrencies despite the fact that bitcoin is more volatile than the rest of the cryptocurrencies.
Bitcoin na di pacesetter for the whole cryptocurrency, and im still maintain that leadership role reach today. Na bitcoin get di blueprint of wetin crypto coins suppose be, and altcoins no get choice but to de copy the standard wey bitcoin don set. I might be wrong but I never hear about altcoins halving before, or say weda altcoins get di limit of minting of new coins like bitcoin. All dis things na im make bitcoin take de for im own level, and I no think say altcoins get anything to add for innovation of cryptocurrency, bitcoin creator don think and add everything finish. Na bitcoin get ATH and bull run, and altcoins de capitalize on dis opportunity, to get more investors, because as people de cash in on bitcoin bull run, dem go de also look for other crypto coins to invest and make profit too, just like for bitcoin. Also for bitcoin bearish run, if investors de panic sale dem bitcoin, na so dem go lose faith for altcoins and follow sale am too. |
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As long as he knows and applies the principle of only investing what you can afford to lose then we can say that a gambler can be a good trader, the principles both apply here, a gambler can be a good trader not because he is good in analysis but because he knows how to manage his funds to cut his losses and to add more funds if he sees a favorable trade.
There are traders who shift to gambling and there are gamblers who shift to trading and have no problems familiarizing the terms and principles of each other niches.
Yes because of the common factor that they both share which is risk, the only difference is that the bitcoin trader studies the market before trading, while a gambler most times depends on luck, but in the end both of them can not know this outcome of their bet or trade, until the result comes out. I know that a lot of arguments have arisen from this topic, but inasmuch as they have key factors in common, which is risk taking, a person that gambles can not be a total stranger to bitcoin trading, likewise if a bitcoin trader that wants to try their luck in gambling. Gambling should primarily be for fun, while bitcoin trading is all about business, this is one area that separates them, although we have some professional gamblers too. |
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Hi guys, I want to ask some tips on getting some merits. I somehow feel jealous when I see other full members having tons of it even if they're just new to the forum. I know that there are some ways to earn it like being active in your local board, engaging in the gambling threads talking about particular sports, create an informational thread, or have some deep knowledge about bitcoin's technical like block size, hash rate, etc. And that's my concern, I am not good with any of those stuffs. I am not a sports enthusiasts nor good in bitcoin technical. Our local board is not that active also compared to others where I see some members' their main merit source. Any advice would be greatly appreciated. Thanks for taking my time to read my post. Cheers!  You can apply for Hugeblack, merit help for local boards, Fillipone, thread on sharing your best 5 posts for merit and when you need 15 merits to your next rank, Ratimov, helps with the needed merit. And they're all on this particular board, you can take advantage of these opportunities to increase your merits, that is if you're not already doing so. I'm a beneficiary of this merit help, just like like many other members in this forum. It's important that you're active in the forum and try as much as possible to make quality posts, because I believe that for someone to merit your post here, you'll have to convince them with a quality post that is relevant to the topic of discussion. Finally I think that the merit system is not very fair in the hands of forum members, because no matter the quality of your posts, if nobody merits you, then there's nothing you can do about it. |
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when an effected gambler that is addicted with excessive gambling and does not want to stop or reduce the way they gamble, it is always better for people to leave the person alone for them to continue gambling because no matter how hard we try to help the person, the affect gambler might not know the worth. Anybody that is ready to change from being an addicted gambler to being a normal gambler, just little effort from people to help him would work and have a great effect on them. This is why we don't have to force people to stop the lifestyle of excessive gambling if they don't have to adhere to instructions.
It is true we can only help those that want to help themselves, and this is true not only in gambling but in life in general, we see this here when a newbie comes to this forum and wants to invest in a coin that is an obvious scam and forum members try to help them out and suggest they do not do it, but since those newbies believe this is the way to make a lot of money they refuse to listen the advice that we give them, only to lose their investment and come to the forum to tell the story of their failure. For someone to truly abandon a harmful habit like gambling addiction, it has to truly start with accepting that the habit is not good for him and making that decision to stop. Because I gambler that sees nothing wrong with his addiction will be very hard to convince to stop, let alone accept to be rehabilitated. You know the saying that you can force a horse to a stream, but you can't force the horse to drink from the stream. So without the willingness of the gambler it's all labor in vain for the helper, so if every efforts to rehabilitated fails, there'll be no choice but to leave the addict in his own world. On the other hand we can encourage an addict to gamble responsibly, because gambling in it self is not bad, in fact its an activity to engage in for fun, with budgeted money, but the gambler must apply strict discipline. |
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Apparently I see no reason for comparison as they’re both good store of value and most times if they are possibilities of you owning them both, then I would advice that you go for it rather than wanting to compare them.
Bitcoin is still very new as compared to gos who has been in the market for a very long time and despite bitcoin infancy, it still has good future but very volatile while gold be it digital or physical gold isn’t that volatile and if I’m asked to choose between them both, then I might get to choose gold if maybe I have huge funds and scared of volatility but since I already know the risk associated with bitcoin, and if I could afford one bitcoin, I would simply dump the money in bitcoin
What I’m trying to say in essence is that, bitcoin is the future especially if you understand the risk.
I see reason in your comment that gold and bitcoin don't have much bases to be compared, bitcoin is a digital asset that is still quite new in the investment market, while gold in it's original form is a physical asset. Bitcoin is still gaining ground in it's adoption, while gold has always been a precious asset from ancient times and it's still highly valued till this day. Individuals and governments hold gold as valued asset, while bitcoin is still facing the challenges of acceptance by various governments and individuals. Although one thing that I can agree is that they are both good stores of value as you have said, they're assets that someone can invest in and be sure that their investments are profitable and the values will keep increasing. So it depends on individual preferences to determine which one or both to invest in. |
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If you see other accelerators, it is either just rebroadcasting your transaction and not accelerating anything, or either is a scam if money is required. If you want a free transaction accelerator, you can use ViaBTC. I bring it to Nigeria local biard for you people to see it. Some people may think it is hard to do, but it is not hard. Just copy your bitcoin txid and paste it on ViaBTC free accelerator and submit it. If you meet the criteria require for your transaction to be accelerated, it would be successful, but if you do not meet it, the transaction would be rejected. The transaction accelerator: https://www.viabtc.com/tools/txaccelerator/Rules: Make sure your transaction is not more than 500 bytes Make sure your transaction is having a fee of 10 sat/byte or more. For 1 input and 1 output, that would be around 19 sat/vbyte for native segwit. Use https://mempool.space/ to know the fee rate https://jochen-hoenicke.de/queue/#BTC,24h,weight for advanced users. Although, it is easy to know. Use vsize calculator to calculate the transaction size: https://jlopp.github.io/bitcoin-transaction-size-calculator/Paste your txid on https://www.blockchain.com/explorer to know the size and the fee used in byte. There are other explorers that can be used. Use a bitcoin wallet that supports replace-by-fee so that if the fee rate used is still low (which you can see on blockchain explorer), you will be able to pump the fee. Bitcoin open source wallets that support replace-by-fee (RBF)Thanks for sharing this wonderful information on how we fit take bypass dis matter on ground wey be high transaction fees. E no de easy to sabi everything wey concern bitcoin transaction finish, na to de take advantage of learning from experienced people knowledge and take join di one wey you don already know. Frankly I don de for dis forum for some time but I never here most of di terminologies wey de for dis thread, so na to open di links wey you generously share and see how I go take advantage of am to escape dis high transaction fees, wey de affect mostly people wey wan transfer small coins like me pass. |
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as we know, many people suggest investing in bitcoin because the risk is not too high.
but if we look at the market there are lots of people buying altcoins, and to be honest I also like to buy altcoins but there aren't many of them, and it's still my biggest investment in bitcoin. and to be honest even though investing in altcoins is risky but I always want to buy and the reason is because of the high pumping..
and I want to ask everyone what is your for buying altcoins, is the reason the same as mine?
The reason why people are interested in buying altcoins Is the same reason why you are fascinated by them, high profit on a short term. There are many altcoins to choose from but very few has reputation that is close to bitcoin. You should be careful about the altcoin that you choose to invest in because most of them floats pump, gather momentum and fades, eventually dies with investors funds. The profit is high, so is the risks. My advice is if you want to invest in altcoins, go for a reputable one that has stood the test of time like bitcoin, example is Ethereum. I won't take the chances at quick profit to risk my money on just any altcoin that looks promising, because from people's experiences, it's not a very good investment discussion. |
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Scammers uses these rewards as baits to entice their victims before they scam them, they come in different forms and the OPs experience is one of them. Personally I don't trust anything online freebies, or rewards for something that I didn't work for.
I always believe that nobody will give you anything for free online, because from people's experiences, it's always potentials for scams. As a matter of fact I did my due diligence, before adopting bitcoin, also before I joined this forum, because I've trained myself to always be skeptical about anything online sites, meetings or transactions.
Most times it's greed and ignorance that drives people to fall victims to these scammers devices, they only realize after the scammers have stolen far more than they promised to give.
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This issues isn't peculiar with the US alone, even in Africa, some countries have brought up issues against crypto currency which is mostly based on regulatory grounds. These countries wants to be fully involved in regulations of crypto currencies because some of them are scared it could be used for laundry and similar crimes, this has further led to some crypto company relocating to other countries where the policies are mild on them
It's true that issues of government being anti crypto is not peculiar to USA, in fact I feel that most countries feel threatened by the growing adoption of bitcoin and other cryptocurrencies, to the extent that they will bring unfriendly regulations and some will even slam total ban to frustrate the adoption. I guess that they are afraid of the growing popularity of bitcoin, that has no central authority unlike fiat that is the identity of their countries. The decentralized cryptocurrencies have come to change the narrative of financial transactions and there's nothing any country can do about it. We crypto users in Nigeria, are facing our own issues here, where our central bank, have prohibited banks to facilitate crypto transactions. Thanks to p2p and exchanges, we're able to do our crypto transactions, although I here that my government is working on regulating crypto transactions, we're still waiting to see it goes. |
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If you no fit wait, just follow that Charles-Tim thread on viaBTC usage. I don use am in the past and it was okay. But remember say no guarantee say e go actually get your transaction 10x faster.
If the transaction is successfully submitted, and ViaBTC then mine a block, the transaction will be included into the block and which means the transaction will be confirmed. it may take like two or three hours before ViaBTC may mine a block based on the hash rate the mining pool is generating. Di wahala of high transaction fees no de limited to one wallet alone, me i de use a different wallet, and na so di fee sef de very high. I understand say na di congestion for mempool, na im be di cause, I guess say many people de do transactions dis period, before bull run. I hope say make di mempool dicongest soon, so we go fit to enjoy normal fees. I go really need to study dis your method, e be like say na im go be di escape route of dis high fees, Aldo I no de knowledgeable about dis ViaBTC and to mine a black, I guess say na opportunity wey I go take learn am. I go appreciate if senior man, Charles-Tim, go fit trow more light about how I fit take go about am, maybe share a link to guide members wey wan learn? |
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If I want to place this bottle flipping in gambling, because of bet that is involved, I'll have to categorize it in sports bet, because the game requires practice and the players can become professionals in it. It's definitely different from casino games that doesn't require any special skills to play.
I've seen kids flipping plastic bottles that are half filled with sand, in my area. This is an innocent game that kids play to pass time and have fun, now adults might turn it to gambling. But who am I to complain, after all football that kids play in the neighborhood for fun is also a professional game that adults bet millions to predict the outcome of matches.
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Di trend of shitposts, as una de call am here, de quite much, and e no go help di growth of di board in terms of quality discussions about bitcoin, wey be di key reason of di forum. Infact wen I join di forum and come begin to de post for dis local board, e no be like this. All of a sudden di trend just change. My observation for oda local boards be say dem get sub boards, and if we get am like dem, e go help to address dis matter wey de on ground. If our ogas dem see posts wey no suppose de for di local main board, na to shift am go to di sub board.
Anyway I observe say some posts de locked, dat one na anoda way to address di matter, so we go see say dat kind post no belong for di board.
Any actions wey go sanitize di board de welcomed by me. I de in support of di suggested sub boards.
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With the $30,000 borrowed, smart investment in Altcoins can potentially turn your initial asset into $300,000. You could sell the original 1 BTC that you held onto for $100,000 or $150,000. The combined profit from BTC and Altcoins could amount to around $400,000 - $450,000. After repaying the $30,000 borrowed from the exchange, you'd be left with $370,000 - $420,000.
After all this is full of expectation, there's no such smart investment in altcoins, you're only hope the token you invested will going to 10x in bull season. Assuming the bull season will happen in the next 2 years, if you borrow $30,000 now, you will pay $30,000 + interest rate. Most likely they will use floating interest rate than flat interest rate, so you will pay more especially you borrow for long term. What if it goes wrong? assuming you will need to pay $35,000 and you lose everything in altcoins, you're use the profit in Bitcoin investment to cover up your mistake. A phrase in economics says "all things being equal", meaning that if events turns out as it's supposed to be, without any chance of it going wrong. But in reality we know that it is not easy for every event to go exactly as it was planned. Therefore as the OP plans to borrow with interest to fund his altcoin investment, it's a good profitable decision, but what if it doesn't go as planned, then he might end up being worse off than when he started. From my experience, any business that gives you huge profit in a short term will also carry huge risks of losing your capital, so for me it's not advisable to borrow capital to fund such businesses. So I'll advice OP to invest in his preferred altcoin, with his own fund, sale your bitcoin and reinvest it in altcoin, so it goes as planned, he'll reap the bountiful harvest, if not he'll bear the lose Alone. |
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Everyday we see these questions of “is now the right time”. Do you plan to do daily trading? Because if you want to hodl Ethereum for a long time, this question wouldn’t be valid. Look at a couple of years ago, everyone that kept on asking if it was the right time have gotten their answer. If you don’t invest when you can and keep asking when to invest, you’ll miss out. Invest the amount you won’t be worried about, you can add little by little and hodl for long terms.
I can't agree less with what you said, asking if it's the right time will keep boxing us from taking the bold step of investing in a coin that we've obviously seen it's prospect of being profitable. If someone is looking to hold a coin for a long term, then it'll be easier to make the decision of investing in the it, because clearly the investor is not in a hurry to sale. It's just to hold and wait for a perfect bull run, to cash in. I think that Ethereum, is a great altcoin to invest in, any altcoin that can not be placed in the shitcoin category, is good to hold. |
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