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201  Economy / Economics / Re: Senators pressure SEC’s Gensler not to approve any more crypto ETFs on: March 15, 2024, 09:40:41 PM
SEC Chair Gary Gensler was against Bitcoin SEC approval and he was trying his best to avoid it but the interest of Blackrock and pressure from outside forced him to take this decision and accept Bitcoin ETFs. Now senators pressure him not to approve any more crypto ETFs because it would expose investors to risks.

Ethereum is the most popular cryptocurrency after Bitcoin, and the Ethereum ETF application is awaiting the SEC's approval. What do you think, will the SEC approve Ethereum if there is a pressure from big corporations like BlackRock?

Read the news - https://cointelegraph.com/news/senators-urge-sec-gary-gensler-reject-further-crypto-etfs

As much as US senators can be annoying after seeing how they were attacking the CEO of tiktok and calling for ban of Tiktok completely, I think Blackrock is doing everything to milk all the US investors that are having interest in cryptocurrency. Their next target of ETF product is ethereum and if he lobby Garry Gensler more, he will one day approves anything brought to his table, he doesn't have any reputation other than get lobbied and then come online to say $hit about crypto.

The way the ETF are going will one day make crypto exchanges useless because people will trust them than the way they will trust centralized exchanges and don't be surprised, ETF platforms can plan their own coup to chase away centralized exchanges so that they can be the primary exchange that offer ETF option for people that want to invest in Bitcoin and ethereum. They ready have more than half a million under their custody, we don't know what tomorrow hold with this comparnies.
202  Other / Beginners & Help / Re: I need honest advise concerning this. on: March 15, 2024, 09:26:08 PM
I've been advised that as a newbie i shouldn't rush but to learn from old forum members and grow. But then, I've seen that for one to grow over here you need to get merited and on a regular basis, well i believe at this point i should've been able to acquire some merits, despite the fact that I'm still a Newbie but then i don't see the Merits coming, even after some post i felt could fetch the Merits. It makes me wonder if my posts are not Merit worthy or Quality enough.

 Though it almost got me díscouraged, however instead of being discouraged, I'm open to learning ways or how to get the Merits and grow on here, my questions are what I'm i doing wrongly? How can i improve it and also where is the best board to write on if i need these Merits coming?

The person is right for saying that but he is not completely right. The reason why he advice you not rush is that you will probably want to take shortcut to learn things that might later hurt you later in the future like using AI to make posts because you don't understand anything about crypto, plagiarism other people's work because you have no idea about what was been discussed and what to reply, these will be find out later by some prominent members of the forum that hunt for people that violate these rules.

However, if you are a good and a fast learner, you should go beyond anything that is been taught you but make sure that you don't break any forum rules, learning and putting your reputation in line and doing your thing will cost you nothing in this forum and lastly, be a thick skin person here if you want to last and don't get emotional when someone attack you, that's why here is called a forum.
203  Other / Beginners & Help / Re: Don't Fall Victim on: March 15, 2024, 09:03:04 PM

What to do??
Firstly, you need to question  the fact that this coins are getting established and lunched at the halving period, why not get lunched years back before halving......(looks fishy)..... "halving brings up a bull market"

Anywhere there is money, just know that scammers will be there but this is not always the case of new projects launch during the halving and after the halving or during the bull run in general. If you notice during the bear market, people don't have any taste on any projects because even the potential ones usually are on losses, and with this, liquidity is taken away from the market but during the bull run, the market get excited and all of a sudden everyone want to invest this is why we see new projects comes to market this time.

However, in amidst of good projects, there will be bad people hiding under one or two trying to scam people just to get away with people's money and because the investors don't do investigations properly, they do fall victim especially the ones that has not experienced bull run before.

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These are my give outs
Stay away from new meme and shitcoins (altcoins generally)
Although I'm not totally against  altcoins  but investment  should be focused on the real deal which is bitcoin
Avoid airdrops to prevent  dust attack on your wallets

Among others i could bring up are above. If there's  any addup, it's highly welcome.

The ten shitcoins has been in existence for many years and a lot of people should know this by now but I have come to a conclusion that people that will listen will listen and the people that will fall victim will still fall victim and  most often than not, it's greed. Meme coins are just the worst but a lot of newbies are not ready for that discussion; ask them about their portfolio and you will be surprised with what's in there.

204  Economy / Trading Discussion / Re: Can someone please help with most successful technical indicators? on: March 14, 2024, 10:40:39 PM
Hey Folks, this is not for everyone this is only for those who have been using technical indicators for Crypto trading and not bot, if you could please share which is the best trading indicators (most successful with higher win ratio) especially for Bitcoin and ETH it would be really helpful I have been testing few technical indicators in tradingview but nothing has been promising if I backtest the data. I have tried searching this but could find a valid answer.

You see the basic indicators displayed on exchange, they are enough to help you enjoy trading, too much of it will make your trading not smooth because some lag and some are pre-active. In a situation where you are using the two together, you will even be confused of what to do whether to exist or to stay in a critical situation of the market. Furthermore, indicators might can give you signal that you want but some of the time, the are very wrong. Just make use of MACD together with RSI and make sure you use Exponential moving average too and you are good to go.

A good trader don't make use of indicators that much, there eyes are clear to know market direction with some trend lines, support and resistance and little sprinkle of time frame they can switch on to get good angles and views of where the market of going next.
205  Economy / Trading Discussion / Re: Are your assets safe on Kraken?? on: March 14, 2024, 10:20:09 PM
Hi all.
I was about to make another deposit through Kraken app, as I was prompted to update the app.
I followed to an App Store to try and make sure it's the right App and all and before updating I started reading this App reviews.
To be honest I am a little concerned now, because there people saying in the reviews that their accounts were closed without any explanation for security reasons.

Could you please tell me what you think about it??

I really need to figure something out, because I haven't got a hard wallet yet. For a simple reason that I thought my money is safe on the exchange.

What is your opinion on the matter?

I have never use the exchange before and the same review you saw was the same thing I saw on Gemini. While I can say that reviews sometimes might be misleading but you see crypto reviews, take them seriously. Kraken isn't the only exchange available for you I believe, if it doesn't work you should try other centralized exchanges if that's what you want.

If you are planning to keep your coins on exchange, then you are not ready yet because you are making one of the worst mistake ways of holding a coin. You should never keep your coins on the exchange. Buy the coins you want to buy and withdraw them to external exchange, it doesn't cost you much to get one and if you order, you should get one hardware wallet under a week.
206  Economy / Economics / Re: Early exposure of children to wealth and investments on: March 14, 2024, 09:55:12 PM
Some parents have denied there children access to a lot of privileges because to them, it will be a major distraction  and this could to a very large extent make the kids to feel unloved and might birth hate and hurts in their heart.

There is a difference between strick parenting and hate if a child, Children are children, let them enjoy every moment of their life. When they reach age when they are ready, they will get everything. You don't expect a teenage boy to understand life and reason life like the way a 25 years old adult will think, they can't and wouldn't except for the gifted children which are rare.

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There had been cases when parent invest into project without letting their children know about it and then they suddenly die and it becomes a difficult situation trying to figure those project out and some extended relative might even deny the child access to it.

In 2024, a parent who has invested huge amout of money in a project and didn't will it with his child name didn't plan well, this is where I think lawyer is need and not relative or even a friend because death is something we all don't plan for, sighing a paper with your lawyer should help you transfer everything to the right hands when you are gone.

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Is it right to tell your children all the investment you've made even when they're not yet matured enough? If no, At what age should they start knowing about those investment?

This has an advantage and also a disadvantages. If you tell your child that you have an investment for him, it might be a motivation for him to be serious about life and it might start to make him misbehave even though you didn't show him anything about the investment. Most often, unseriousness is what you get for revealing this to them but when they know that they have nothing to fall onto, it will make them serious about life.
207  Other / Archival / Re: Are investors investing in Bitcoin at ATH now are fools ? on: March 14, 2024, 09:45:07 PM
Are investors investing in Bitcoin at ATH now are fools ?  Is there chance of major correction from here as prices have already peaked now.

When Bitcoin was trading around $19k and later broke the previous all time high and sail to $65k, will you say those people are food and don't know what they are doing? I don't think they are fool but among them there believers of Bitcoin, they are buying at those levels that hold and also trade for short-term gains, there people that are buying because of fomo, they don't want to lose out and they are doing that because they also believe the price will reach some certain level in the future.

What I don't know is how far this run the bulls will reach but buying Bitcoin doesn't make you a loser or a fool, people that were buying when Bitcoin was around previous all time of the previous bull run, some snaet people like you thought the same thing and for the past 12 years, the price has never remain the same. If you hold, there is no way for you to lose unless you sell.
208  Bitcoin / Bitcoin Discussion / Re: I have known Bitcoin and other currencies since 2014 on: March 12, 2024, 10:33:36 PM
I have known Bitcoin and other currencies since 2014, but I did not move a finger. I did not benefit from anything. I mean, I did not invest anything now. I am serious. I liked this forum a lot. A long time ago, I decided to start investing, even if it was a small amount, in some other currencies. Perhaps it would go up significantly and make profits. Perhaps I would. It is late, but the opportunity is always there. I know that many people suffer from what I suffer from. Many people now talk about Bitcoin, but I preceded them in knowing it by ten years. I want your advice for me. I have high hopes for digital currencies. What do you think?

If you know Bitcoin in 2014 and you refuse to buy back then, don't tell me you didn't buy in 2017 crash to $3500? We had a crash of the post Covid peak from $12k to $4,000, don't tell me you didn't take that opportunity too! Well, such is life, not everyone likes to take risk which you did because even your account is new if we are to judge by the activity of the forum.

I like your motivation but hold up, you know Bitcoin is trading right now above $70k which is above the previous all time high. That's a big amounts of money you can mention to anyone and wouldn't say otherwise, I don't think Bitcoin will do what it has done in the past because let's assume Bitcoin should settle at $100k above, a 10x from there is going to be $1M and that's going to be massive, if Bitcoin ever get there my friend there is going to be problems coming from different angles to crash the price and the downfall from sell off wouldn't be good.
209  Other / Beginners & Help / Re: Crypto Scams in Each Market Condition? on: March 12, 2024, 08:43:38 PM
I think that in the bear markets there will also be another kind of scam where scams try to take advantage of the fear and desperation some investors feel.  Due to the changing landscape of crypto scams between bull and bear cycles, what are some of the typical scams to watch out for in each market condition?

During the bear market, the market is usually illiquid, there is limited amount of money coming into the crypto market, so it's ways difficult for scammers to get money even with their new tricks to take people's money. Nobody find joy in seeing crash and crashed of the market, in this period new investors and noons do exit the market and since scammers always target inexperienced and naive people, they don't see money that much.

However, you see bull market? That's the time everyone becomes expert even when they know nothing, they get excited about the market and fail to follow up even the basic caution of the market and scammers been the smart individuals, they prey on this ignorance and steal from them. No matter what how woke crypto looks to many people and expose, there are still people that lose money to ordinary telegram groups like the one I just read the other time.
210  Economy / Scam Accusations / Re: Have I been Scammed?? on: March 12, 2024, 06:25:01 PM
I invested with someone(moderator) of a group on Telegram called Worklite Uni Options, her name is Lora. I did some research and did not find anything bad. I did contact a lot of the members for reviews or if they had been paid and no bad reviews, everyone got paid per plan, thought surely not everyone lieing (10 people). It was a 21 day payout. My 21 days is up and now all of a sudden she wants a TVN (trade verification number or code) to verify my profits for her server to send my profits. There is also a website called Capital Base Traders where I can see my profit. Not knowing what a TVN is or where to get one, I didn’t have one, she said I could get one from a TVN programmer or vendor. So she kindly gave me one of her contacts which is a TVN programmer. It all just seems fishy to me. I haven’t contacted him yet, but figuring they will want money to get a TVN. Is this normal or does it appear to be a scam? Thanks for any help!

How do you guys believe the word of someone you barely know on the internet and then send them money, how do they convince you guys so much or you are new to the internet or perhaps should I say you were looking for the perfect shortcut to make money as "investment". You have been scammed my nigga and there is nothing you can do about it, next time you want to do anything about crypto and it's involved money, kindly avoid telegram, use exchanges and buy any coin you think it's worth buying for the time.

This is just one of the ways they scammed people in crypto, if you care to know more about other scams and how to avoid them, please head over to scam accusations and learn more about scams, don't get caught unaware.
211  Economy / Trading Discussion / Re: Exchange advice to sell >10BTC on: March 12, 2024, 06:16:55 PM
I've been out of the loop for many years now, and have decided to sell some of the bitcoin I've been sitting on for those years.

I've got upwards of 10BTC to sell, and intend to withdraw my proceeds as Canadian dollars. The biggest issues I see for this size of transaction are (a) withdrawal fees, and (b) daily/monthly withdrawal limits.

I don't want to extract my money over the next three months or so, and I also don't want to pay enough in fees to buy a new motorcycle.

Any recommendations on where to start?


10BTC conversation will required large liquidity, I'm not sure if you are going to get a good rate in a decentralized exchange, that's more than $700k worth of Bitcoin and that will even raise suspicion from your bank if you have a deposit worth of $10k above but if you want to do it the centralized way, you can sell it in any of the centralized exchanges but you know that it comes with a risk of KYC. If you are ready for that, then you are eligible to withdraw maximum of United state dollar of 100k, which you can convert through your bank withdrawal but if you want to use kyc and your bank account can take such amount with out any problem, theb use any of the centralized exchanges and he fees are low.

In 7 days, you should be able to liquidated 10BTC without any issue but it will be better if you leave atleast 2BTC on your wallet, you never can tell you know ajd you don't know what tomorrow holds just like the way you had the opportunity today to see Bitcoin trading above $70.
212  Economy / Trading Discussion / Re: Trading Or Investing which one is better to focus on right now? on: March 12, 2024, 06:05:22 PM
We all know that We are in the bull run or bull market as they say and Bitcoin has reached its previous ATH and most traders don't know what will be the next move for BTC and some of these Altcoins are literally following the pump of BTC as well, as most are not genuinely pumping in their own accord.

So now, what do y'all do? As for me, I just invested in some coins I believe that will surge in few months while I observe what the market is doing.

I want to know what guys do. Are some of you trading the market regardless or some of you are like me, investing and observing the market

If you have bought some coins, congratulations but I hope you know when it's time to exceed the market, I mean by the time we hit the euphoria stage where everyone look like they have seen the future and some coins with plenty zeros to a dollar. The truth is that, those statements are just fake illusions that might not even happen and if anything terrible happens, that's the end of the race especially the way Microstrategy is buying Bitcoin everyday with borrowed funds.

If you have the skills, you can enjoy the two, both trading and holding because you can be stuck in a resistance for a week or even or even more than but when you trade, you have these opportunity to always closed your trade and maintain your profits in stablecoin and then buy back when market retrace everytime but you need the skills, if you don't have the time and trading skill, stick to buying and holding.
213  Economy / Economics / Re: Step up your game before the game steps you down. on: March 11, 2024, 09:41:40 PM
Success isn't about throwing money at a business or some app idea and hoping for the best.  It's about putting in the work, day in and day out.  Think of it like training for a marathon – you gotta show up, put in the miles, and maybe even eat some gross pre-workout goop.

Having a killer idea is great, but that's just the first step.  Turning that spark into a flame requires hustle.  There will be setbacks, moments where you want to throw in the towel, but that's when hard work separates the dreamers from the doers.

Most successful people have a graveyard of failed ideas in their past.  But guess what?  They learned from those flops and came back stronger.  The key isn't to avoid failing entirely, but to use those experiences to level up your game.

Ideas on head or on paper looks so real and realistic until they are put into action, that's when you know that there is more to what you dealing with. Idea will look rich that you can put it into work instantly but as soon as you launch that work and you have not experienced it before, you will see the actual factors that you didn't see even before starting the business.

People do have money, they have millions in their bank account but are afraid of what will happen if use the money for business because most of the business startup usually fail in their first start. I have seen more than 100 of business that change idea and rebrand into different things. Nokia first product was a toilet paper before they later change into phone business and that was one of the biggest business idea the ever succeeded into but along the way, they allowed another competitor to snap them out of the business, that was Blackberry. However, launch of Android phones killed all Java phones, you can see that running a successful business is not for the weak, you need to be ahead of everyone.
214  Economy / Services / Re: [OPEN] BC.Game - Crypto Casino | Sig Campaign | Up to $90/W on: March 11, 2024, 04:12:39 PM
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215  Economy / Services / Re: [OPEN] BlackJack.Fun | Signature Campaign | Up to $90/W on: March 11, 2024, 03:41:40 PM
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216  Economy / Economics / Re: Saving don't make wealth on: March 11, 2024, 01:49:17 PM
Sincerely the concept of savings has made some persons poor,but many won't realize the fact that saving don't make the difference but investing does.
 Am not saying saving isn't good, but my point is saving doesn't make one wealthy, the worst advice we recieve is  'save for tomorrow' but only few lay emphasis on the need to 'invest for tomorrow'.
So I would greatly say we invest some of our profits from bitcoin in to other stuff, than just holding it or using it for pleasure. The rare truth is how we believe bitcoin can change the game, so other systems are developing so we shouldn't be blindfolded.
Invest because savings doesn't increase or builds, investing is what gives you the life you want.
   Let discuss this guys..
  No matter how many bitcoin you hold you can still misuse the money, so we should understand the concept of Richness and Wealth.
 

Saving is one world on its own and investment is another world on its own, they don't have much of a relationship, but as much as savings don't make wealth, you need it even while making wealth with investments. How many billionaires among the forbe 100  richest men we have today are salary earners today and depend on pay checks, they are most entrepreneurs and people with companies that solve real-life problems with credible solutions, even salaries are now difficult for an average man to make a living, you can't survive only on one salary today and have a comfortable lifestyle, you have to combine them together to be able to sort out the basic things of life.
 
Just know that having a single investment doesn't mean you can't be wealthy as you describe on your second paragraph. We have people that were fortunate to buy Bitcoin when it was less than $30 and today they are still holding on to the investments they have made many years ago, they are super rich with that alone but they chose to live a normal life as if they have nothing and they have never in their lifetime sell any sats from their investment to reinvest in other business and they are living fine.
217  Economy / Gambling discussion / Re: A call to self-examining our gambling habit. on: March 11, 2024, 01:21:44 PM
As gambler when last did you self-examine your gambling habit to create that awareness based on how you are gambling in order for you to be quite sure if you're within a considerable or an acceptable range of a gambling habit that is void of addiction or the tendencies of gambling addiction.

I think if gamblers could take certain step in setting up regular self examining question towards themself it will be helpful to them in their gambling life not to ignorantly be harbouring a gambling addiction or compulsive gambling lifestyle. Quite a number of gamblers are nursing an addictive gambling habit without knowing and for them their gambling life is normal but if they should  genuinely scrutinize or put their habit to test it is possible they could find varied errors to correct and be right on track again.

Don't you think so?

When money is solely the motivation of most gamblers, do you think many of them even look after their health not to speak about the addiction and bad prowess in gambling? The reason why many people gamble today is because they want to stylishly double that money, so the least thing they want to think about is the frequent discuss addiction in gambling.

I think one of the ways you can access addiction is seeing how many times you have taken a break from gambling atleast a months and not having the urge to come back to play it or even facing outside life without even thinking about it despite watching your favorite games. In addition, also taking a time to review the time you have spent online gambling. I don't think it's healthy for any person to stay more than 6 hours online gambling unless you are an idle person who lack job or any other things to do and you know as the say, an idle mind is a devil workshop, idleness brings addiction in gambling.
218  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: March 11, 2024, 12:37:42 PM
Arsenal, which immediately benefited from the draw experienced by Liverpool vs Manchester City yesterday, also still has to be taken into account by these two teams because Arsenal is also a very extraordinary team this season. Although at the moment I don't think that Arsenal will be able to win the Premier League this season even though it could be possible for Arsenal as they are in the top position they are in.

Arsenal has been the most laughed team in the last 16 years without a Premier League but somehow, the system has  favour them in the last 2 years, don't you think they hve tried enough to win the Premier League. I think out of domestic leagues in Europe, Premier League is the one with teams that has the lowest disparity of points and that's because the teams are all struggling to take the first place but I think if not for Manchester City dominance in these League, we can't say that Liverpool are better than Arsenal this season, at least in this league so far.

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From yesterday's match against Manchester City, the strength of the Liverpool players was quite visible so they will definitely continue to play as well as possible for the remainder of this season in order to present a sweet farewell to their coach. Moreover, if Liverpool are able to win this season, it will certainly be very touching for Jurgen Klopp who has dedicated himself a lot to the Liverpool team so far.

Liverpool had more chances that Manchester City in yesterday match but because center forwards were faster than their legs, they were having more offsides in that maych, they had about 6 offsides that contributed to many of their goals been disallowed but Manchester City were very over confidence, there was aggressiveness written all over their faces especially the way Walker was defending yesterday. Sometimes, I do have hope in Manchester City but there over confidence is making it seems they will lose out in one or two games soon.
219  Economy / Gambling discussion / Re: Do you prefer betting your own predictions or from prediction site on: March 11, 2024, 12:23:03 PM
There are gamblers who have great instincts and can forecast games that may end up winning the bet. But they are scared that they may lose. They dont trust their own betting predictions so they would rather go to a gambling prediction site to some daily betting tips.

So i want to know as a gambler that you are, do you feel following those betting predictions from those sites would favour us in gambling more than our own predictions? For me i trust my predictions and i have won more when i predict for myself than letting someone predict for me.

If I don't trust my own instincts on predictions, whey should I trust another person? That's like belittling myself and perhaps I have inferiority complto think that another gambler is better than me. Gambling isn't a rocket science where you have to derive formulas to have an escape velocity to win games, even unserious and uneducated person do win from gambling without doing much. Each day that passes by, there is an opportunity that if yiu try it out just one time, you will win even with multiple games.

However, there are other punters(sport bettors) that are naturally inclined with gift of betting, these guys make money from betting, makes life from betting and also makes investment from gambling, I do follow them and play their games sometimes when I'm too busy to make my own pick on predictions but it's not all the time and doesn't disregard my own predictions, I believe on my own bet more than any other person. Do also know that when you believes in outside predictions, you should be prepared with anything comes after; most of the time loss.
220  Economy / Trading Discussion / Re: Take Profits! Its important! on: March 10, 2024, 08:29:17 PM
When we are at Extreme Greed you need to be taking some profit off the table. Most people in crypto fail to keep the money they've made. They either sell too late or they selfishly watch all profits fall back to zero.

I've seen this happening each cycle.

We all need to understand that 1st priority in crypto is surviving. Profits are in 2nd place. Yes that sounds counterintuitive, but it's really simple. The real skill is not in making money. The real skill is in keeping it.

I hope you found this useful. Keep up the flow, and may the force be with you.

99% of people that comes invest in crypto are short term investors that are hoping to sell at the top but most them end up with nothing or even have the initial capital they invested. Instead of some of them to sell and take their minimal lost, they watched their investment wash down most especially the people that invested in altcoins. These coins seems to be the most profitable coins in every bull run but when they collapse, the damage is more than what you can make in a year.

Take a significant profits when you have achieved much or just remove 50% of what you have gained together with your investment. If the rest appreciated again, sell another 50% of profits and leave the rest. By the time you observe some anomalies in the market, kindly sell the rest and sit back. If you study the market and it's suitable enter again, repeat the process but if the market becomes bloody, stay away a while and come back when you think it's okay to invest again.
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