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21  Economy / Trading Discussion / Re: Taking loan to trade is a risky task on: October 19, 2021, 12:00:54 AM
The worst action one can ever take is to borrow or take a loan for trading. It is not a good idea at all. Anything can happen in the market, where things can go wrong, truly we will have to be positive at heart, but let the truth be said. If the capital is gone, e everything comes back to point zero, and at that time the heart is troubled and when one can't payback, then the law will have to come in and take it's place. It is advisable that you invest what you can afford to lose, not what you can't afford to payback.
Except, you are very good with the market analysis, and have gotten lots of experience over the years, and even at that good traders still makes losses too. So one has to take reasonable risks.
22  Alternate cryptocurrencies / Altcoin Discussion / Re: If the internet is down in the future on: October 18, 2021, 11:32:56 PM
I have not really heard of such project, but if truly such a project exists, it will be massive to know how it's mode of transaction would look like. Blockchain, Smart Contract, Tron chain and every other network in the crypto world deals with the use of internet for transaction around the world, so how will this project meet the demands of people around the world without the internet? Huh
For me, this will be a big challenge in the industry, but if it becomes a success, there will be a new trend in the crypto world within a very short period of time, and at that time, bitcoin and Etherium might lose the interest of its supporters.



If the internet goes down in future this type of project will be useful don't you think?

It will be very useful, not only in the crypto world but all round life, as it will be a trend for a new direction. The world governments and military/security, health sectors will adopt this idea. But one thing is, if the internet goes down, the world is more like going back to the stone age, and the term of technology is dead. Man's life is now being tagged to the internet, in which most people are alive today because of the presences of internet. Imagine the death rate that'll occured if such should take place. Ideas are infinite, but this one is going to be rare.

[moderator's note: consecutive posts merged]
23  Other / Beginners & Help / Re: HODL is the way on: October 17, 2021, 11:42:40 PM
Having patience and a strong grip to hold your coins for a long period of time is a very good way to get a jackpot. Imagine the quantity of DOGE held at that time, being sold at when the price came to the highs of $7, that would have been on a strong profit that will still be celebrated, or the ETH.
Holding coins that are of great potentials for the long run is one thing that patience can bring forward in this crypto market. Patience is a key to infinity profits in this system, though, at times it is being said not to be greedy. To a point get out some of the profits and get other coins for diversification of assets, so when there is a deep, you have something out.
Bitcoin is really a coin to be held for the very long run in the crypto market, as it's adoption is growing heavily with lots of backers and supporters round the world.
24  Economy / Trading Discussion / Re: Does Binance need kyc to do any trading? on: October 16, 2021, 11:51:05 PM
Binance is a very good platform to trade on, though, for the Binance.us I don't know neither do I use that platform cause they might have some slight change in their rules. I think it is okay to have a verified KYC with the trading exchange of your choice, except you don't have the necessary documents to complete the verification process. Outside that, I don't see any reason why one shouldn't verify his account in any platform of trading. The mode of verification on binance exchange is simple and easy to pass with immediate response if the process is/was successful and accepted.
25  Economy / Trading Discussion / Re: Traders Don't easily lend out money. on: October 16, 2021, 11:16:19 PM
A trader is always conscious of any active project which he is not taking part in and his capital at time is not always enough when he is still fighting to survive the losing zone as trading is not always a win win zone at all time. Traders finds it difficult to lend money because they spend lots of time losing money in the trade market, which is a hard way to make money, with few wins, lending is not going to be easy. Though, it could depend on whom the person is and to what purpose is the lending for, the reason could be worth it, and the person asking for would also determine if it will be possible, cause within every pair group, there is the possibility of one knowing whom the next person's actions are when it comes to such event.
26  Economy / Trading Discussion / Re: Daytrading vs Holding on: October 16, 2021, 01:17:18 AM
Day trading is and can be risky and also profiting too, but the room for patience is very low/little, cause every slight movement in the market can either be for good profit or bad loss. Intraday trading is more preferred to me in trading and it gives me a little time to process and view the market, but I prefer to hold some coins on large quantities over a period of time as that can be more profiting in the crypto system, though this can still go wrong if the Project fails, but success is what everyone wants for profits to flow round. Though, the risk is always there and cannot be neglected as it is part of the process.
27  Economy / Trading Discussion / Re: Do you want to quit trading ? on: October 16, 2021, 01:07:54 AM
Well, that thinking or mindset will always come because of one experience or the other and things like this leads to wrong decision. I have come to realy that in crypto trading, patience is a very useful key factor that will help in the long run of trading. Taking the time to observe and process the action that is to be taken before taking it.
Though, for now I stopped trading due to some financial hazards I found myself, but coming in with reenforcement, buying now might be late, but not the wrong time, cause the market is always aiming at an ATH everytime.
For me, I did not quite, as in there is where the profit is hidden.
28  Alternate cryptocurrencies / Altcoin Discussion / Re: Trends for altcoins in September on: October 15, 2021, 10:59:20 PM
September was a month that had some good trend in the market positively, and we are still looking forward at what this remaining months of the year has in stock for the crypto market. It has been a season of hype and great rise in the price of coins, and I think the NFT, SOLANA and the major altcoins will experience the positive bullish trend in the market as Bitcoin is currently approaching it's ATH and the possibility of it making new highs are inevitable. This shows somehow that the trend is back and this last quarter of the year will be ending with a new ATH for Bitcoin and the crypto market at large.
29  Bitcoin / Bitcoin Discussion / Re: satoshi symbol on: October 14, 2021, 11:32:03 PM
Waoow, I have never thought of this neither has it entered my mind the meaning and structure of Satoshi logo/symbol. This is making the view of bitcoin clearer as a product of the Asian continent, and maybe in some ways that could be the reason the Chinese government is  fighting the adoption and use of bitcoin in that region.
The symbol of Satoshi is in some form of combining three different chracters together, which includes an S, stroke (/) or T and @. Bringing these three all together is what makes up the symbol of Satoshi's logo. But, does it have a meaning in the crypto world or traditionally?
30  Alternate cryptocurrencies / Altcoin Discussion / Re: I'm sure altcoins will pump if we hold long on: October 12, 2021, 10:32:43 PM
Each holder will definitely have their own interests, but the true holder will definitely be stronger to plant crypto in a long time. So if we want to cuan, have to save coins for a long time. If you agree or disagree, please give me good feedback. thanks

I will ask, what is the purpose of holding a coin or some different sets of coins for a long time when the coin is already yielding profits in a bull run, or what will one be holding a coin for when the project is asleep or silent over the years?
The purpose of holding a coin is to make out profit from it, and a coin that will survive and has the plan of survival will work towards it. The introduction of staking is a very good way to maintain a coin's price and quality, cause if one is receiving a reward for holding a coin, then the interest of selling it off will be limited.
31  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Alt Coins to buy with 200$ on: October 12, 2021, 10:21:01 PM
Please guys help me suggest coins to buy. I’m a student and I don’t really know much about crypto but I need the money for financial freedom and help my dad cover some of my school costs. Please guys.
To be honest with you, get a job, earn from your job and help out with saving up for your fees in school, there is no other advice more efficient for you now, getting a job will not make you not to invest in an alt-coin but it will help you save up some sure salary, will you still invest with more if you want than you budgeted into alt-coins, there are many alt-coins for you to choose from the problem is not many is safe, take your risk at investing after giving your self space to learn on alt-coins.

I will tell you that I seriously accept this advice. Taking risk is risky, and it is even more risky when we don't take at all.
But for me, speaking from experience, I will advice you look for a job that will be paying you either monthly or as the case may be. That doesn't stop you from investing into the Crypto market, but it rather puts you on the safe side. Having a backup of capital and what will keep your day to day activity going smoothly with much financial issue will help your crypto investment grow smoothly, otherwise, the mindset of withdrawing every little bit of profit will make your investment grow slowly.
As an investor, it is said that we look for the best and easiest way to make more profit, with the most minimal lost (cause losses are inevitable).
In crypto investment, making one's own research gives an edge on what to watch out for, how to trace the right project. Making the right choice on any project that will be promising, which will give a very good profit over time and that can make you some good bucks of money.
32  Alternate cryptocurrencies / Altcoin Discussion / Re: Tron network VS Binance Smart Chain on: October 12, 2021, 05:58:32 PM
These are two different projects with their unique features from each other. The rate of transaction fee from one might differ from the other and the popularity and mass adoption of one might also differ from the other, but they are two projects with good stand in the crypto system. Tron network on its own has a low number of users if compared to Binance Smart Contract, and not to say, since the ETH smart network started having issues with transaction fees, and BSC used it as an advantage and also made room for defi, dapp and many more varieties in their network made it to be more popular and accommodative to users around the crypto world. Tron is a good project having a strong stand from its own side, but can't be compared to BSC network.
33  Alternate cryptocurrencies / Altcoin Discussion / Re: Which alt coin is best investment for long term? on: October 12, 2021, 02:36:35 PM
It depends on what you are looking for from these two projects in the smart contract. ETH over the years since it was developed and made a successful stand, lots and many other projects has made it through by using the ETH smart contract network.
If we are looking at coins that are for the future and will survive over the years to come, ETH is one. It has gain the popularity, backers / supported. I will invest in ETH, BNB, EOS, BCH SOLANA etc, as coins that has good potentials of surviving the long run, I don't know how far SOLANA will stay, but I just feel like adding it. These are list for altcoins, on the main list, BTC will have to be there cause it stands as the head leader of the crypto market, which other altcoins respects and are influenced by it's price movement.
34  Alternate cryptocurrencies / Altcoin Discussion / Re: Which is easier? on: October 12, 2021, 06:53:37 AM
For me, I will say that buy at the deep is much more better and profitable than riding with the hype. Reasons are if there be a hype in price of an asset and you don't join the hype at the initial time when the hype started, then there comes the late entering and a retardation in the price and here goes losses cause no one knows the price peak. But when the price is on the deep, no matter how low the deep is, when the price accelerate, there will always come the profit for all deep buyers. Though, there are people that enjoys riding the hype and making good profits out of it, it's just not my style.
35  Economy / Marketplace / Re: Earn 90 euros from 1 BTC on: October 11, 2021, 10:04:04 AM
Start earning with Ibandirect!

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  • Make a re-post, add a referral link from your personal Ibandirect account.
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Ibandirect, is it an exchange site for crypto currency or a trading site, cause there is a whole lot of exchanges with good reputation all round the world which one can make purchase of bitcoin, and a few of these exchanges still gives room for affiliate program, even if you are not able to buy a full Bitcoin at once or at anytime, but can buy some fractions of amount of any particular coin.
90 Euros is little a reward to risk over $50k for.
If the threshold is reduced to a substantial amount, then it can gain the interest of many more users round the crypto space.
36  Economy / Marketplace / Re: Buying and selling on this forum on: October 11, 2021, 06:44:22 AM
Hello fellows,
If I decide to buy or sell some goods on this forum, what's the safest process since I guess it's p2p transactions? thanks


It is certain that we have an escrow on any transaction that is to be made on crypto. To be on a safe side is why an escrow is needed cause trust issues are things that can't be over or under emphasize and on this forum, it is okay to make a transaction with a high reputable member of the forum, for whomever will be carrying out this transaction will want to keep his reputation and make things smooth, otherwise, to me, it is more preferred to hire an escrow on any transaction, whether on this forum or any other place concerning any crypto transaction.
37  Bitcoin / Bitcoin Discussion / Re: Would you lend your cryptocurrencies? on: October 11, 2021, 03:55:04 AM
This is a nice one, but have you considered the risk behind it? It is and has always been fun trying new things with crypto currency, but in this part of lending crypto currency, it is new to me and I have not had any thinking about it at all.
At the point of lending out your crypto currency, don't you think that the price value might change over time (this could be on the positive side for you or on the contrary), and will it be through a third party that is well trusted and has been in the system for some good period of time, cause using the escrow in P2P trading, most times there still come some trouble when confirming transactions and stuff like that.
Also, the coin at which you are lending is it one of the most popular coins in the market, cause I think that will get more chances of getting interested people, otherwise, people might not get much interest in it.
38  Bitcoin / Bitcoin Discussion / Re: What happens to my bitcoin if I die today? on: October 11, 2021, 03:21:00 AM
This is actually true, if you don't share nor pass across your details to your children or loved ones, nobody will and can ever make use or access your wallet. This is made so for you to be in charge of your own security, and no one to be held responsible for any mismanagement of your key/mnemonics or phrase. But it is also a nature amongst people all around the world, that something they know is very important and of a great use/information, it's being kept or passed on like a treasure, untill you figure out what it stands for, you can't make use of it, but the child having known from small that you have being in such a business, then a trace for the treasure will start, and they always gets the treasure when the time comes, so long as it it kept.
39  Bitcoin / Bitcoin Discussion / Re: What if stop believing about bitcoin ? on: October 09, 2021, 12:21:52 AM
Gold is a physical precious asset that has it value and use in the real world. When Good was not yet known for its importance, it was not valued until the time came and till now, it remains a precious stone. This is a process which gradually moves to the permanent side and which cannot be removed from the heart of men that Gold is of no value.
Looking at Bitcoin, it is a digital currency that is still growing and gaining the interest and attention of users and investors. When Bitcoin was at a very low value, when it's popularity was less than 2% of the crypto world, there where believers who where using it until now it has become something everyone is trying to get.
If there were believers when the price was below $1, there will be no way people will stop believing in it now the price has gone above $50k.
40  Bitcoin / Bitcoin Discussion / Re: Do you want to see Bitcoin legal in your country? on: October 06, 2021, 11:00:09 PM
Bitcoin is still legal in many countries and illegal in many countries. Do you want, Bitcoin to be legal in your country? 
Do you feel the need to legalize Bitcoin in your country?
Are your ideas about Bitcoin positive or negative?
What is your personal opinion about this?
What do you think, if bitcoin is legalized in your country, the country will be improved or will be damaged?
I definitely want Bitcoin to be legal in my country, and I feel the need to make Bitcoin legal in my country.

Whether Bitcoin or crypto currency ban or not, the use of crypto currency has ever been outside and without the concern of governmental bodies, making it decentralized and which makes it uniques in its form of currency and use. The moment at which it becomes centralized and regulated by the government, it will have to lose most of its features and the monitoring of transactions will be in place.
On the bright side, the acceptance of Bitcoin is a very good development because it will totally help the financial status and state of a country(ies). If Bitcoin and all crypto currencies can be monitored and traced from the source to the destination, and the taxation of every transaction is successfully captured for every citizen, then the use of Bitcoin and crypto currency may fade away as it is becoming a native currency.
I won't really want it to be legal, but free to be used by anyone anywhere without restrictions of any kind, which was it's initial form of creation.
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