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21  Local / Politics and society (Naija) / Re: WHY ARE NIGERIANS UNHAPPY on: January 20, 2024, 12:09:38 PM
Snip

First ask yourself if you're happy, then the kind of response you could give yourself should be what you should take the country for, also, I will advise you get less bothered about the country because you can't satisfy everyone, another last thing i must give you as a piece of advice is not to constitute to another's man unhappiness, if we cannot make them happy then we shouldn't as well contribute to their unhappiness for any reason, everyone will be responsible for himself and how he lived his life, we all have equal chances and opportunities, some make use of it while some do not.
Well said
22  Alternate cryptocurrencies / Altcoin Discussion / Re: The Surge in Meme Coins on: January 20, 2024, 11:49:01 AM
Meme coin, alt coin can be bought by everyone i.e. those who have less money and who cannot afford to buy bitcoin.  But those who buy it often get greedy and lose everything.  Greed should be avoided.  Before investing in these coins, one should think a lot and withdraw only if there is a small profit because there is no trust in them.  I would say it is better to save money and invest in bitcoin.  If you understand the value of money, I hope you will think before investing in this coin.

There is no such thing as "cannot afford to buy bitcoin" but can afford to buy memecoins and altcoins in general. Bitcoin is very divisible. The only instance where a person "cannot afford to buy bitcoin" is if you literally living paycheck to paycheck.
Seconded by me….. this solely depends on the whoever wants to buy. Most people feel earning money through bitcoin is kinda slow so most people follow trend… whoever can afford meme coins can strategically and logically afford bitcoin too..
My opinion though
23  Alternate cryptocurrencies / Altcoin Discussion / Re: The Surge in Meme Coins on: January 20, 2024, 11:40:34 AM
The surge in meme coins has been wild, right? It's crazy how these coins like Dogecoin, Shiba Inu, and SafeMoon have gained so much attention and popularity. People are jumping on the meme coin bandwagon, hoping to catch the next big wave. But it's also important to be cautious and do your research before investing in these coins. The market can be quite volatile, and meme coins can be particularly risky. What are your thoughts on this whole meme coin frenzy?

Op try to look your account and see if there's
an  duplicate topic cause in my phone I saw that this topic by you is already posted below in this thread so meaning there's a duplications of this topic and if that is proven by you then you can lock one of these thread so that only one thread is favored to reply. But anyways  for me I'll not trust me coins 100%. I know there are chances that we will get some by meme coins not all but it's hard to put our trust again.
Thank you very much for your observation and contribution .. I’m not to familiar with navigating yet..: but I’d see to it
24  Local / Politics and society (Naija) / WHY ARE NIGERIANS UNHAPPY on: January 20, 2024, 09:22:16 AM
This question conveys a lot of opinions. Whilst some people would blame it on the state of the economy or the bad leadership or some might go as far as saying the political juggernauts at the top are responsible for the state of the nation, I would personally like to see this situation is emanating in a chronic manner as a result of the overconsumption of other people’s lives. This , I’d like to say is the root reason because if everyone can learn to overlook how classy and prosperous others are and instead focus on what you have and strife to achieve your own goals instead of trying to live or mimic someone’s lifestyle, I believe things are practically going to get better .:: for me, happiness is a choice and how you chose to achieve it depends on what happiness truly means to you
25  Alternate cryptocurrencies / Altcoin Discussion / The Surge in Meme Coins on: January 19, 2024, 12:09:48 PM
The surge in meme coins has been wild, right? It's crazy how these coins like Dogecoin, Shiba Inu, and SafeMoon have gained so much attention and popularity. People are jumping on the meme coin bandwagon, hoping to catch the next big wave. But it's also important to be cautious and do your research before investing in these coins. The market can be quite volatile, and meme coins can be particularly risky. What are your thoughts on this whole meme coin frenzy?
26  Local / Nigeria (Naija) / Re: Bet9ja vs Forex on: January 19, 2024, 11:48:38 AM
From my own side I go talk say the two of them na actually prediction because even after you dn run analyses you no really dey sure of anything. I dn ask people wey dey into forex but some dey claim say e dey different. If you get idea about the two i go like know if anything really dey different for the two of them

If you concluded that bet9ja, sportybet or gambling in general is the same thing as forex, then I will assume you don't know forex or you know gambling but don't understand what forex trading is all about.

Gambling is making predictions with a platform and with this predictions it comes with a stake and that stake is what you lose to get what you expect. If you stake something, it gives you or gives nothing, you can stake your house for example that bitcoin will reach $50k before the end of this week but know that your house has become more like a collateral stake that will give you more than what your house worth. If bitcoin price reach the amount agreed, you will be return a heavy amount of money that can give you 20 times the value of your house by the company you stake the house with but if bitcoin fail to reach that price, you are going to lose your house.

Similarly forex is just like trading, you buy an assets with hope in mind that the price is going to appreciate later in the future. Just like I use a house as example, I will do the same here. If you decide to buy a house today for instance for $50k and you an to resell it in the future for 2 time the money you used to buy it and after some years, it yield more than that amount, the you get more profit from your investment but if some unforseen circumstances happen, the price may fall below what you bought it but if don't sell, you haven't really loss. What you have in that moment is unrealised loss, you can still hold until when the price appreciate again to make your capital and profits, this is what gambling doesn't give you.

However, forex has option of trading that looks like gambling which is margin trading, that's what most people does in forex and because they know nothing about it, they lose their trading funds most of the time.
Margin is like betting that price of an assets will appreciate later in the future, it's like a contract between two people that something will happen and this between two opposite traders, one is betting that it will go up and the other is betting that it will come down. Any of them that happened later is who will win and the other person with opposite predictions for home with nothing, that's basically how margin works. Gambling and trading is never the same.
To me you’re practically saying the same things but using different word play in both contexts …. Both forex and betting comes with a stake …. Something is always at stake … you’re putting something on the line with hopes that the odds play in your favour …. They both deal with analysis and prediction… so to me I’d say they’re are cousins😂😂
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