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June 20, 2024, 04:05:32 AM *
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21  Bitcoin / Bitcoin Discussion / Re: Do not get discouraged by the current price of Bitcoin on: May 13, 2024, 03:46:02 PM
I think people shouldn't get discourage by that, though I didn't experience other halvings cause I had zero knowledge about Bitcoin then but i think something similar have occurred before in one of the previous halving where Bitcoin price didn't go up as expected but later traced back and went up after some period, a lot of people might begin to panic and sell their coins but I still see this an opportunity to buy more Bitcoin and for those who are not opportuned to do so, holding is the best option, please correct me if you think am wrong  

Getting discouraged? only the newbies just joining may have a second thoughts about bitcoin market price, we have been into this for a while now, last year when Bitcoin go dip as far as $16,000 and people never loose hope, this is just a mere warming up, to create an avenue for those interested on making an investment, they could rather see this as an entry point for them to invest and wait till the same opportunity lands for more bull, what we are seeing is only preparing us for the expectations ahead, the earlier the better we understand that all we need is to hold now.

No doubt only newbies or beginners like me can feel discouraged but in course of learning and acquiring knowledge about bitcoin, discouragement is no where close. One who is fully educated on bitcoin or one who is an expert on bitcoin will not be discouraged whether the price is dropping or going up instead he will know the method to go with in other to make profit. About the price of bitcoin now, buying and holding is the best with the expectations that the price will go up.
As newbies to bitcoin instead of being discouraged, I will advise we ask questions and seek advice from experts or those who are experienced in the crypto world.
22  Other / Beginners & Help / Re: Understanding cryptocurrency on: May 13, 2024, 03:03:15 PM
In everything there is always a beginner, in political way there are beginner even in the crypto world 🌍 we still have a beginner, so as a beginners in crypto you should know how it works first before you get into it, there was a guy complaining that he lost in trading crypto, and he is telling some of he's friend not to go into crypto just because he lost and he didn't follow the signal, I just want to say that you need to understand how it works first before you start, thank you.

This is one mistake that we beginners always fall victim to. Proper knowledge and understanding is needed before going into anything, talk more of trading crypto currency. Being in a rush to trade just because you hear others making profit or because you were talked into it do not always end well. There is a saying "look before you leap", clearly the guy who lost in the trade is a beginner and he does not have full knowledge on what it is or how it works, leading to him losing his finances.
His advice to his friend is not a bad one because no good friend will see a house burning and then advice his friend to go inside, his advice was to save his friend from losing his money as well because he now have a wrong view of crypto currency due to the way he went into it.
This can also serve as a lesson to we beginners, let us all learn from this experience. let us all have a better knowledge about crypto currency before trading or investing in it.
23  Economy / Economics / Re: If you want to be wealthy you need action on: May 13, 2024, 01:35:07 PM
Like they say experience is the best teacher, it may not necessarily be a personal experience. You can also learn from the experiences of other people, experience shows other angles of something then left for you to take correction and then try doing it with another method.
In this case I will add that getting wealthy starts from learning ( reading, researching, tutorial, watching educative videos, etc) and asking questions. Asking questions is one important part that many people fail to do, sometimes because of pride or because they are shy. Sometimes even after reading a book, you may not have a proper understanding then it is required u ask someone experienced to help you out. Acquiring enough knowledge to an extent will trigger a push into action, that is putting into practice all you have been learning. You may fail at the first try and even the second but that shouldn't discourage you instead it should be a motivation cause your endeavour not to give up can broaden your thinking on how to patch or perfect your mistake. Following the perfected plan or method after many trials will definitely result to success, then continuously following that method and along the line trying to update yourself (stepping up or upgrading) will then bring in wealth.
All you need is hard work, learning, take correction and then take action with a goal or target to hit
24  Bitcoin / Bitcoin Discussion / Re: Would you advise a friend in the same way? on: May 12, 2024, 06:50:11 PM
You do not need to give him this kind of advice. You can advice him about how bitcoin is a good investment and that he can invest in it, but do not take it to the level of involving his parent company. Let him be the one to make that thinking and decision by himself. If bitcoin price start falling after he invested his father company money on it, he will start to blame you, even though the price of bitcoin will later still increase above the price he started investing.

I totally concur to this, no doubt a good friend is one who sees what is good and than relates it to his friend. Investing in bitcoin is a very good advice to give to a friend but involving his family company's money and one with no knowledge of bitcoin is kind of not ok. If he finally invests in bitcoin with his family company's money and then tomorrow the company goes bankrupt and bitcoin price drops down which will later go up or what if in course of investing he falls in the hand of scammers, your friend will be disappointed and all blame will be on you.
It is not a bad advice but in my own opinion I will suggest you educate him on bitcoin, what bitcoin is all about and how it works then allow your friend to take the step of investing in bitcoin himself.
25  Bitcoin / Bitcoin Discussion / Re: Does the world know about Bitcoin? on: May 12, 2024, 08:56:16 AM
To me i think there are some part of the world that still don't know anything about Bitcoin, because there are people in USA, UK, Australia, Canada, China,etc. even in Nigeria there are people that don't know anything about Bitcoin, they always think that Bitcoin is a scam, but people that know about it are making thousand of Dollars,($) I think they don't know that we are in a digital world now.

Many people who do not know about bitcoin today is as a result of uncivilization, residing in poor networking areas like village there by not being able to access the internet or not being able to afford degital assets because of poor earnings or no aidable means of earning income. But most people today choose to be ignorant of bitcoin mostly because of related stories of how people are been scammed off their bitcoin. Some people do not even want to know more about bitcoin on hearing the the current price of bitcoin, they conclude it is no longer accessible or too expensive to get.
I agreed with you op, many people around the world do not know about bitcoin. So with any little opportunity we get coming across such ones, let us try to educate them, advice them and change their primitivity on bitcoin.
26  Other / Beginners & Help / Re: Make reading a habit on: May 11, 2024, 04:49:15 PM
For the record the slight time I have consumed on the forum has made me acknowledge and figure out that reading to comprehend is the only legend to dwelling alive on the forum, well I have peeked at most senior rank members through their posts one can tell the amount of reading and analysis work there have been doing I think     to there it an easier responsibility at hand to them it used  to them already.

A forum senior member told me he could not do without login to the forum for just a week, he said that he was going to hear a little remorseful voice that communicates to him and he said he is already used to it he also told me without reading it just feels like the end of the world  for him…


Most newbies like me don’t understand what it implies to read to comprehend please with your awareness can you explain it to us???
I guess this thread will be useful to newbies like me and some other members out there as generously.




 Being new to something, one needs to start from the grass root by knowing what the thing is all about. As newbies to the forum, knowing about the forum is needed first. We need to know the rules and regulations and all others but to do this it starts by reading, researching and understanding. As newbies we need to understand that it is very important to read and understand what we read because habitual reading reveals information to us, it makes us better writers and it updates us on important news. Newbies like us should not be in a hurry to create topics instead let us meditate on what we have read and understanding it which can help in increasing our ability to concentrate and as a result we can create up building topics that can benefit us and other members in the forum and there is where our growth lies. So it is very important for newbies like us to be focused on reading and understanding, researching and meditation are also needed.
27  Other / Politics & Society / Re: Poverty change people on: May 11, 2024, 04:10:38 PM
Living in poverty is not something that is healthy to man, either mentally or physically. Most people you see today did not plan ending up the way they are, but due to the incapability of attaining a better livelihood they are been thrown into depression and deep thinking. Sometimes they feel less of themselves especially when they see their peers doing well which may result them doing things that will affect them. Yes poverty changes people because once one can not afford the basics he or she can not be happy, and who is not happy would not always have the appetite to eat even when he or she has a little to eat there by causing lost of weight and threat to his or her health. At the end, the thought of making it by all means will come to the mind and then leading to a dreadful decision that can change their way of living for good.
28  Bitcoin / Bitcoin Discussion / When is it right to invest in Bitcoin? on: May 10, 2024, 05:05:55 PM
Investing in bitcoin is not something you can just start doing, proper knowledge and planning is needed. Knowing that it is best invested as a short term for beginners like me and long term for experience investors so as to make profit. As an investor, one need to have other means of earnings in other not to stagger when unforeseen occurrences comes like in the bear market(period when bitcoin price falls). Knowing all of these, my questions are:
-When is it the right time to invest in bitcon?
-How can one start planning?
-How do you follow up your bitcoin investment and other businesses?
-What are the assurance that you are ready?
29  Other / Beginners & Help / Re: Can a newbie make investment before learning? on: May 09, 2024, 12:40:42 PM
As on my own opinion alot of newbies have fallen in to hand of scammers because of their insufficient knowledge about Bitcoin so therefore it take a high risk to make an investment when you yet to understand the Bitcoin investment to avoid been scammed of your hard earnings
Take your time learn and implement before you inter market or make any investment as a newbie


From what I have read this few days I located the forum I don't think it is proper to initiate any investment without following the due process which is having a proper knowledge for what ever you want to invest in, bitcoin investment and any other investment requires adequate knowledge before choosing to think of investment otherwise the investor will have him self or her self to be blamed because there's no way the person won't lose everything either in the hands of scammers or getting involved in wrong investment.

Op you just answered the question correctly by knowing that it is good to get good knowledge before thinking about purchasing bitcoins so yes for newbies like us, we should learn to get knowledge first before thinking of investing in anything not just bitcoin alone.
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