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1841  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: October 21, 2023, 06:26:32 PM
How bad is Real Madrid I have no word to express but I will let you know that it ruined my 10 games parlay,luckily I didn't believe much in this parlay and only put a ridiculous amount to it yet when I am seeing that every game was won and I see only Real Madrid losing it I feel a bit sad not for the ridiculous amount played,I am sad for the fact that out of 10 games Real Madrid is burning my ticket.Real Madrid has burned me many times with the worse being when they lost against Atletico and with this type of game that they are showing against a weak Sevilla I highly doubt they are going to win the title this year

https://stake.com/sports/home?iid=sport%3A108646640&modal=bet

Carvajal has scored his first goal for Real Madrid this season by equalizing the goal for his club with a beautiful header after he got a cross from Kroos on the 78th minutes. It seems like this match will end in a draw as Sevilla is not giving Real Madrid an easy play in the match.

Alaba caused the own goal which gave his side a tough time presently in the match. I don't know what is the problem with these two clubs as there is a little pushing by the players between themselves. It will be a miracle if Real Madrid wins this game. Sevilla has great opportunities to take the lead but they misused it. It is seven minutes added to the extra time. Football is full of surprises and only gamble with the amount that you can afford to lose.
1842  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: October 21, 2023, 03:00:40 PM
Man City and Newcastle are the only ones to score goals in today's matches so far... But I think that in the Man City vs Brighton game both teams will be able to score... City are playing well as always, but it seems to me that they are not having the best of times, unlike Brighton... I also think that there will be a lot of corners in the game Chelsea vs Arsenal...
Speaking of Manchester city and Brighton game, i highly doubt Brighton will have any chance to score any goal in this match, Manchester city on the other hand have already scored two goals in this first half, which puts them in a very good position to win the match if Brighton isn't able to equalize before the first half is over.

I would congratulate Manchester city in advance though, for I don't see how Brighton will be able to equalize two goals before the first half is over, except they really play in an extra ordinary way. .

It is quite unbelievable as Manchester City shows their superior over Brighton, by displacing them in the match. Brighton is still unable to put themselves back into the game, as they have been performing very poor in the match. Brighton that was winning big teams this season is finding it difficult to understand the game and they have never played any shot on target.

It is satisfactory first half for Manchester City who took possession of the game and they played with full confidence as they saw the weakness in their opponent, and they took advantage of the game by scoring two goals in the first half. A brilliant performance from Doku as he was really active in the first half. City has proven themselves to still be the best in EPL, with the way that they played Brighton in the first half and they didn't give Brighton any space to perform in the match.
1843  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: October 21, 2023, 02:03:37 PM
Verona vs Napoli

A brilliant counter from Napoli and a good cross from Politano to Kvarastskhella who took a super strike and scored the second goal to put them in a strong position of winning this match. Politano scored the first goal on the 27th minutes with after Raspadori took a cross that went straight to Politano, who scored the goal easily to break the deadlock.

Politano scored one goal and made one assist to put his club on a better position to win Verona. Napoli played very good in the first half as they were in control of the game. Although Osimhen didn't play today but it was a great and interesting first half. The second half will have more goals and I hope that Verona will create a chance for them to score a goal. It is clear the Verona wouldn't be able to stop Napoli from gaining all three points today. It is half time 2-0 against Verona.
1844  Economy / Gambling discussion / Re: How Much do you Value your Privacy in Gambling? on: October 20, 2023, 08:18:35 PM
Currently most reputable casinos ask for KYC verification and any casino that you are gambling on that don't ask got KYC verification, will definitely ask when you win big amount of money like the amount that you stated OP. I don't see why KYC verification should be a problem for one to provide for him to claim his wins.

I will provide them with my KYC verification is the casino asks for it to be done before I can make withdrawal, who knows if I wouldn't be lucky to win such huge amount again, and I will just let it go like that because I don't trust the casino NO. This is the reason why you must gamble in a reputable casino so that you can rest be assured that you documents are safe.
1845  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: October 20, 2023, 07:23:26 PM
Osasuna 1-0 Granada

Budimir has broken the deadlock  for Osasuna as he scored an early goal on the early minutes of the first half. He was inside in the box of Granada when he received a pass that he brilliantly finished on the 11th minutes of the game, to put his team ahead of Granada in the match.

Osasuna is happy to be in charge of the game presently as the are winning possession. The early goal that was scored by Osasuna is still like a surprise to Granada and they are still struggling to withstand the pressure from Osasuna who is playing at home.  Maybe Granada will still equalize the goal if they can stay put in the game.
1846  Economy / Speculation / Re: Buy the DIP, and HODL! on: October 20, 2023, 05:09:30 PM
Even if you reframed it as "profit booking" we are still not talking about that here in this thread.  If you have a long term plan of buying BTC, then it likely is not going to matter if you continuously bought even at tops, because maybe some of the shorter term folks might have 4-10 years, but some of the longer term folks might have 15, 20, 30 or 40 years in which they are either accumulating and/or maybe getting int maintenance stage that either leads to liquidation or maybe when in maintenance stage for a while, then shaving off bitcoin here and there becomes one of the options and the person is not getting distracted by dollar nonsense of "booking profits" because all of his coins are profitable..

and yeah some of the BTC are more profitable than others, but why would it matter if s/he is shaving off 0.000001 BTC at a time when BTC prices might be in the 7 to 8 digit territory and most of his coins were gotten in the 4 digits and the lower 5 digits territory....and so maybe even some might end up getting sold in 6 digits rather than 7 or 8 digits, but still when we are looking at potential for magnitudes of BTC price moves within the timelines of some of the current BTC accumulators, why would s/he want to screw up his/her whole BTC accumulation by fucking around with taking profits in dollars when the whole weight of value may well end up hinging upon accumulating BTC and not running out of them too soon.

Do you really think others think of what you do or what you think maybe your general overview about bitcoin progression? This why most people doesn't care about their investment plans but rather what they think of is their profits as they want to utilize and maximized the profiting aspect of it rather than keep holding for a long term, even though most people here keeps yelling about the hodl hold we know that at the back when the price became much eyes appealing they might got tempteyand push out some of the fractions they felt is worth disposing at the cost of profit booking or profits utilizations.

Those that are after quick profit in a short term are not investors but traders and that is why they have fail to have the insight of what investing of bitcoin for a long time can do to their lives. Why will one chase peanut, if you know that you are living now for the future. This is the reason why you must plan for your future by investing in bitcoin and hodli for long with regular DCA to keep on increasing the size of your bitcoin. Let me tell your something @Smartgold001, investing in bitcoin should be seen as you are saving for your retirement, so that when you are old, you can set back at look at your bitcoin investment portfolio and be proud of yourself that you took a bold step to investment for your old age. Bitcoin long term investment needs patience and discipline, since you believe and trust in bitcoin. This is the reason why you should forget about the little fluctuations in bitcoin price and don't sell to regret your actions later.

Using regular DCA and having a proper plan with a made up mind that you are hodling for long and using the easiest strategy, which is the DCA method to accumulate and increase your bitcoin investment portfolio gradually. It wouldn't be a crime or taboo if bitcoin is part of the asset that you can will to your child.
1847  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 20, 2023, 03:42:49 PM


Bitcoin price above 30k
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1848  Other / Beginners & Help / Re: [Merit] Help posts in local boards that did not receive enough merits on: October 20, 2023, 01:55:58 PM
  Naija Local Board
Second Application

Link 1: https://bitcointalk.org/index.php?topic=5470874.msg63019944#msg63019944

Link 2: https://bitcointalk.org/index.php?topic=5470613.msg63017036#msg63017036

Link 3: https://bitcointalk.org/index.php?topic=5470116.msg63011896#msg63011896

Link 4: https://bitcointalk.org/index.php?topic=5470320.msg63000348#msg63000348

Link 5: https://bitcointalk.org/index.php?topic=5470218.msg62991470#msg62991470

Link 6: https://bitcointalk.org/index.php?topic=5470007.msg62981393#msg62981393

Link 7: https://bitcointalk.org/index.php?topic=5469903.msg62975959#msg62975959

Link 8: https://bitcointalk.org/index.php?topic=5469106.msg62946037#msg62946037

Link 9: https://bitcointalk.org/index.php?topic=5471003.msg63026336#msg63026336

Link 10: https://bitcointalk.org/index.php?topic=5467726.msg63022823#msg63022823
1849  Local / Nigeria (Naija) / Re: Research knowledge alone isn't enough to start a business on: October 20, 2023, 01:52:44 PM
You made some convincing point but to a large extent, I disagree with you on some areas. First of all, I will say it depends on the nature of business you intend to run. For example now, you can not expect someone who wants to run a provision business to start looking for who will mentor him/her.
OP, is right. Even if it is a provision shop, you can't just wake up one day and say that you want to start a business that you don't know the challenges that the business will face and how to combat it, and you don't expect the business not to fail. Provision store can have a mentor in the sense that, if you look at these Igbo boys that are into business, they learn the business first for maybe 5 years and above and after they have understood everything about the business, they will have contact with the supplier that supplies their Boss, and they can run the business on their own even if their Boss is not there. This is when they will now leave their Boss, and go set up the same business on their own, such people will not easy fail in their business. It is called Apprenticeship.

This is how everyone that wants to start any business needs to learn the in and out of the business, by working in a similar business or firm, so that he will have all the insight of the business and will understand every challenge that the business is yet to face. This is because he has already started running his own business from his Boss business through the experience that he is getting from his Boss business, but the difference is that he is not the owner of the business, until he has set up his own business with his own capital.
1850  Other / Politics & Society / Re: What's your view on abortion? on: October 20, 2023, 10:56:31 AM
Abortion is an abomination in the sight of God and a big sin, because you can't give life, so why should you take one's life. It is just like a poor man that can't even mould a block and he decided to go to a rich man house to demolish his castle to dust, how do you expect the rich man to feel, you will pay with your dear life.This is the same with abortion. Abortion has been a tools for the devil to use in luring people into commiting murder knowingly and unknowingly to them.

This is because is some abortion cases, both the person aborting the baby and the baby dies. So many people have lost their lives through abortion and anything that will make anyone to go into abortion should be avoided. Stay away from having sex outside your marriage or have self-control on your sexual appetite. And for this that have not married should decease from having sex before marriage, to save the eggs in your womb.
1851  Economy / Services / Re: [banned mixer] Mixer Review#2| 6mBTC+50% OFF | Bonus 10mBTC & 10% OFF for ALL! on: October 19, 2023, 10:04:15 PM

Bitcointalk username: Frankolala
Bitcointalk Rank:  Senior Member
Lifetime earned merit:   371
Bech32 address:   bc1quv9536mv8e9wyzh7nzavw4fylzw245zjxa306k
1852  Local / Nigeria (Naija) / Re: Suitable business ideas on: October 19, 2023, 08:46:57 PM
The business that has being in my mind that I am planning to setup but I am waiting for the right time when my capital is ready is a bet shop. I have studied the youths in Nigeria and even in my area, they believe more in gambling to have extra cash, especially the lazy ones that can't hustle on their own.

Having a bet shop will give you massive income because after the setup what you will only spend money on daily is fuel to run the shop daily. Omo if una see how people dey full bet shop even when hardship like this dey, you go dey wonder whether e easy to win. And the fact is that boys are cashing out daily from sportsbet. Even as fuel cost bet shop dey on generator steady.

No how the economy hard people must still gamble because gambling no be compulsory say you use big money stake your bet. This business is easy and stress free, I have never seen any bet shop that the owner sits there and run the business by themselves, instead they do employ someone to be in charge and they come once or twice a week to check on how the business is moving and take account.

As person wey dey into internet hustle, base on steady light wey must dey your bet shop, you fit use one side do your office wey you go dey use run your bitcointalk matters. Na for even bet shop many people wey no get money to pay charge their phone dey go charge phone. With this business, you know that electric power supply wouldn't be a challenge for you to login to the forum and carry out your daily activities and learning.

Bet shop and soft work and your money dey pile up. The funny thing is that the rate of new gamblers is increasing everyday.
1853  Economy / Gambling discussion / Re: Sports bets or in-house games, which is best for the weekend. on: October 19, 2023, 07:08:53 PM
Since you said that, it is weekend and you wanna be with your family, should it be a kind of lock down, where every family member will be at home to enjoy each other presence and be happy. Then casino game is what will give you that fun, and they have good odds compare to sportsbet.

Since you will be indoors, you can be gambling when they are watching TV or kinda less busy or when they are relaxing. If you are the type that is hiding your gambling activities. But if your wife knows about your gambling activities and she is cool with it, you can gamble when you guys are together and not with the kids.
1854  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: October 19, 2023, 11:39:35 AM
Harry Maguire often makes mistakes. In fact, I think his worst performance was last season. And at the start of this season it's still the same. But I think in the last few games he has improved a little. In fact, he tends to be better than the other English squad defenders. Even in his last match with Man Utd he was also able to help the attack line by making 1 assist. But Harry Maguire's weakness is that sometimes he makes too many fouls which can endanger his team's goal. But to be honest, I also hope he leaves Man Utd. Because it seems like he doesn't fit in there. He seems to need a club with player competition that is not too high. Meanwhile, at Man Utd, we know that the competition between players is very fierce. And sometimes this is what makes the squad unable to play well.

Maguire is no longer the record holder for the number of mistakes in Manchester United, because this season he has a worthy opponent, this is Onana.)) In fact, Manchester United have a lot of problems this season, and Maguire is not the worst of them. Can we say that Ten Hag failed this season, perhaps, but the beginning of the season is a failure, that’s for sure. And you shouldn’t hope that something will change and the team will start winning, it’s difficult in this situation, it seems to me that he doesn’t know what to do next.
Oh, poor Manchester United that every season they always have players that is always bringing the club backward. Onana has become a pain in the ass since he came to old Trafford. Eric Hag wanted to bring in a player that will help to stop excess and unwanted goals and that was why he went for Onana, but instead he went to bring a bigger problem to the team compared to the problem of De Gea and Maguire last season.

It is a very sad thing to see that Manchester United is still fighting to win matches and everyday, it is like they are declining in their performance. I hope that when the transfer window opens, we will see a new player that will solve a little from the challenge that Manchester United is having when it comes to playing and winning matches. If this is not done, there is nothing for Manchester United this season but failure.
1855  Local / Nigeria (Naija) / Re: How African Students Became Victims of FTX’s Collapse.. on: October 19, 2023, 10:50:49 AM
Victims were asked to keep funds in the exchange, which so many of them did in order to get ready to learn trading
What I see in this scene is that people that don't know anything about cryptocurrency are the ones claiming that they know and are also claiming to teach people what he doesn't know, due to the fact that he is after peoples money. If not imagine those students that are claiming to be FTX Ambassador going everywhere to bring in people into the platform to make profit, don't even know that one is not suppose to keep funds in an exchange, and they foolishly told candidates to keep their funds in the exchange.

they are scared of their personal safety because they have made so many people inclusing their friends are families get scammed through this scheme.
It was all their fault because they don't have the knowledge of what they venture into, and this has led to sp many people losing there funds. Who do they think these victims would hold responsible for their loss, if not them. This is because they don't even know who is SBF, not after the crash. This is should be a lesson to them and people who don't know what something is all about and parade themselves like professionals in the crypto industry.

SBF and FTX crash did a big harm to people worldwide, and I hope that wouldn't make these victims give up on cryptocurrency, trading shouldn't be what is attracting us into bitcoin but to invest in it for a long time and get profit from bitcoin, because it is only through long term investment that newbies or beginners can use to learn how to hodli and also other aspect of bitcoin that is of their interest.
1856  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: October 18, 2023, 08:23:16 PM
I was recounting Manchester United chances of qualifying from the group stage in this season's champions League and honestly the chances of Manchester United is very slim. I do not really understand what is wrong with Manchester United and what really happened to them. Honestly, Manchester United showed strength and commitment in the match against Bayern Munich much they didn't do their best in the match against Galatasary.

It is likely that Manchester United will go empty handed this season. This is because they will go to the Europa League and in the Europa League, there is Liverpool already there waiting to be the champions.
You are correct Manchester united has started this year's UEFA champions league very badly. Losing to Bayern Munich and Galatasaray, this was a group that should have ended with Bayern Munich and Manchester united qualifying but right now Galatasaray has a better chance than them although it's too early to judge, they now have to seriously face their upcoming games and hope they win all then they would have a great chance .

Many say Man United's chances of qualifying for the next stage are small, it is true that they may see this because Man United suffered two defeats to Bayern Munich and Galatasaray. However, you need to know that the defeat in these two matches was due to Man United's defense being very weak because several of their defensive players were injured. Not an excuse but it's really unfair, Man United's defense is so bad, Onana can't be everywhere at once. Yes, it's completely his fault, but overall he's pretty good, but even a good goalkeeper can't do much with a defense like this.

In the next match, Man United will definitely be aiming for their first win. Three winning points are very important for Man United, to maintain their hopes of qualifying for the knockout phase and of course increase the team's confidence. For me, no matter how bad a big team is, they can definitely come back. If they win, I'm sure Man United can still advance to the next round even though they started Group A badly.
I can't say that Manchester City will win their third match in the champions league, as they have started very poor and I haven't seen any improvement from them. I don't have any hope that Manchester United will be able to go far this season in any competition that they play because the team is still having problem with their defense and when you don't have a good defense, that team is doom.

If it possible for them to win their third match, it might still not change anything because if peradventure they win, they might not be able to win the knockout stage only if it will be a miracle but I don't see it happening because the chances are very slim. Manchester United needs to be in a good form before their performance can be consistent
1857  Local / Nigeria (Naija) / Re: Fall in Naira and crypto growth in Nigeria on: October 18, 2023, 08:02:25 PM
Cryptocurrency adoption in our country has been increasing over the years due to our unemployment rate and inflation rate. I believe currently holders of coins before Tinubu's rule has experienced a great deal of profit with Naira falling in relation to Dollar.
I know that one's opportunity can be another's threat. Is the continuous fall beneficial to crypto traders or its just a trap?
Personally what are your thoughts on this?
Does the benefit from the market compensate for the cost of living?
From what I observed in bitcoin and the people that I know are into bitcoin, are investing in bitcoin to make profit, because most of them believe that bitcoin investment is something that will change their lives after they sell in the bull run. Profit is the first thing in their mind, this is why you see that even the ones that don't know about trading will want to trade. They go extra miles to learn trading by all means so that they can make profit from the fluctuation of the price.

Secondly, is depreciation of Naira, though I have seen people who prefer to keep dollar than bitcoin because they don't have trust for bitcoin yet and all the time, they exchange their dollar to Naira when they want to spend. Unemployment has made Nigerian youths to be ready to do something that will make them be dependent on themselves to safeguard their future, and most of these youths who has the knowledge of bitcoin are buying and hodling with the little money that have to invest for the future.
1858  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: October 18, 2023, 03:59:12 PM
I think Real Sociedad's chances of winning this match are very big, especially since they are playing at home, and currently Real Sociedad's performance is very good and now Real Sociedad is in 6th place in the La Liga standings.
And Mallorca is a team that is clearly below Real Sociedad in terms of quality, so far Mallorca have only been able to win once in the 9 matches they have played.
So I have no doubts about Real Sociedad's victory in this match and I even predict that this will be an easy win for Real Sociedad.
It might be quite easy to win for Real Sociedad, but it might only be a very small score because of the results of the meetings between these two teams in several matches that have passed in previous seasons. Real Sociedad very rarely wins by a lot of scores against Mallorca and could even possibly draw if Mallorca is able to create a better game at home to Real Sociedad. However, I still have more confidence in Real Sociedad's performance in that match because Real Sociedad will not let Mallorca win or draw at the Reale Arena.

The small score is okay, the most important thing is that Real Sociedad gets all three points in the game. Real Sociedad has the upper hand of winning Mallorca because they are stronger than Mallorca and they will also the playing at home, which is an additional advantage for them.

Mallorca might try their best from stopping Real Sociedad from gaining all three point by drawing the match, and this is if Real Sociedad underestimate Mallorca, it might even become a win for Mallorca. I don't think is will be that easy for Mallorca to win but it is possible for a draw. I will place my bet on Real Sociedad because they are the strongest in this match.
1859  Economy / Speculation / Re: Buy the DIP, and HODL! on: October 18, 2023, 11:19:31 AM

The strategy that I am describing is pretty damned close to DCA, especially since I was doing it on a weekly basis.  Let's say, for example, I had a budget to buy bitcoin of $100 per week, and it was for 26 weeks (which would be $2,600 for 6 months).  And if the beginning of the week is Monday and the end of the week is Sunday, maybe I might identify a couple of the dips through the week or maybe I would be waiting for dips that did not end up happening, so by the end of the week (Sunday) I would use either the whole $100 or whatever parts were left to buy at that time.. of course, the beginning of the week could be chosen as any day.  and each week there was a new $100 authorized, and let's say that  I felt that I did not have time to watch the market, so maybe I would just buy or maybe the price opens at $28,500, and I would set my buy order at $27,820, and if the order did not fill by Saturday, then I would just market buy or maybe set the buy order within $50 of the current price so that I have more confidence that it is going to fill before the end of the week.

Ohh, now I see your point, the strategy you employed is actually DCA, the only difference is the fact that you wait for the dip before accumulating more, its not a bad one but its time consuming as it requires constant watching of the market, so assuming your targeted price is not meet for the week, do you add the amount to that of next week or you'll abandon that weeks accumulation?.
Reason I asked that question I believe there are times where the market just goes sideways without adding or removing any large significant amount to the market for up to  a week, and in such cases I don't think your strategy would be able to accumulate for that week. I am a very busy person, not sure if I would be able to adopt the system, but I'll love to make a trial for a month and see how it goes, but my modified strategy would be, if my buy target wasn't meet for the week, at the end of that week I'll just buy irrespective of the price, so I will not be tempted to skip accumulation for that week.
You might be right, but seriously, I don't think that waiting for the dip is a good idea. Why? Because it might be that while you are waiting for Bitcoin to dip, it must have been on peak mode, so it is good that when you have the money you should not hesitate to tap the buy button. If an investor is using the DCA method to accumulate Bitcoin, he/she shouldn't wait for the dip, it is just for the person to take advantage of every little opportunity that Bitcoin has provided. That's all.

Sometimes, I do believe that it is only Bitcoin traders that have the time and the whole day to keep on watching the price chart of Bitcoin so that they will know when to buy and when to sell, but for investment, I don't think it's a good idea for an investor to be watching at the price of Bitcoin without buying just because he/she is waiting for the dip.

With the help of the DCA method, I believe that 1btc is still 1btc, so if you are waiting for the dip to dip or get dipper, I think you are wasting time. It is just a waste of time. Buying when you have the money is a good one than waiting for the dip.
You are not getting what JJG said, let me explain to you from what I understand about the strategy that JJG said is similar to DCA. You must not wait for the dip, by sitting down and relaxing. What is said is that since you have set an amount for weekly regular DCA which is $100. You will always buy every week with $100, but if it happens that you are expecting a dip during the week, you can relax and keep on observing the market to see if the dip will come.

Just like JJG said that, if you make an order to DCA $100 weekly, and bitcoin price is at $28500, you can wait till the last day of the week before buying. So that if bitcoin price did not dip below $28500 on the last day, you can simple use all your $100 to buy for that week and expect the dip the next week. OR because you feel that the dip will come but still not around,you can limit the $100 DCA to $50 and buy bitcoin on the last day of the week so that you can carry over the balance of $50 to the next week, when the dip might come so that you can now add the $50 left to the new week DCA budget to make it $150.

This shows that if the dip comes during the next week, you will buy more bitcoin with $150 than when you would have bought with only $100. On the other hand, because you are using this pattern to accumulate, when the dip comes because you know that, your DCA weekly funds is $100, during the dip, you can take advantage of the market and use like $500 to buy at once. Note that the $500 that you used to buy is not for just five weeks budget, but you are buying with $100 from the week budget which you are on, let me say today for instance is my buying day and I have assigned $100 for this week. I will now take $50 each from 8 weeks ahead which becomes $400 +$100 for this week.

I am to DCA with $500 this week because bitcoin price is at dip, and when the price increases again, I can now continue to DCA with the remaining $50 left from the 8 weeks which I took from, for another 8 weeks. It is still like DCA because, you are buying every week but with different amount sometimes, due to planing for the dip and to take advantage of the dip.

JJG, I love this strategy but I have never taught of it, the only time that I thought of something like this, was when bitcoin price was 25k+, that I met my boss to me 20% of my salary for three months in advance to enable me buy at that price 25k+, which he did. I am now using half of the money that I am suppose to use for weekly DCA to accumulate now because, I need to keep on accumulating and I have used some part of my DCA funds to buy then when the price was 25k+. This strategy wouldn't be good for beginners who just started because it might be hard to practice, compare to the regular DCA pattern that a specific amount is used always disregard of bitcoin price.
1860  Local / Nigeria (Naija) / Re: Will Nigerians Marketers Accept Bitcoin if Legalized on: October 17, 2023, 10:17:21 PM
OP, you should be specific with the kind of marketers that you are referring to, because if it is this petty traders that the total goods in their shop is around 5k-15k, I don't think that it will be wise for them to accept bitcoin because of the stress that they will pass through using it to refill their goods.

This is because most of them buy their stuffs from the bush and also from illetrate like them that only believes in fiat. So such marketers will still be collecting fiat, even though bitcoin is legalized. Imagine that you want to buy Maggi or pepper or something of 500 naira and you want to use bitcoin, it is very funny.

On the other hand if you are talking about big traders that has goods from 30k up, which are not petty traders, they will accept bitcoin with time,when they see that bitcoin is gaining ground in the country and people are saying all sorts of benefits in using bitcoin.

Especially those marketers that deal on foreign goods, they will gladly embrace bitcoin because it has save them the stress of using a third party for payment and they can send bitcoin at their own convenience. So it all depends on the kind of marketers that we are talking about.
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