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2241  Alternate cryptocurrencies / Altcoin Discussion / Re: Hidden Gems on: October 24, 2022, 05:48:07 PM
big gems I know are BTC and ETH
Those two have way passed the classification of gems. By gem we refer to undiscovered and relatively unknown projects that can do well when tapped into. Bitcoin and ETH have long been discovered. In fact, both are the two major coins on the lips of everyone including those who are new to this industry. Some people even think Bitcoin is the only cryptocurrency.

OP, you may want to check projects like Cartesi and CiFi. I like both projects and I think they're undervalued right now.
2242  Economy / Trading Discussion / Re: We are group of long experinced traders try our Free signals on: October 24, 2022, 04:01:39 PM
In the future, you will ask for money why?
Obviously, why would you share a free signal? if you are an experienced trader why not make money with your skill?
But of course, there are a few who do this for free, the only thing is that they don't usually offer it for long. Most of them stop out of frustration of not getting accurate calls while some stop when they think they've become consistent and would want everyone subscribing to their paid version.

They get like 1000-10000 people in their group. Have a few good small trades and then decide to pump some small cap alt coin. This will lead to some crazy 2x-10x moves but the ones to buy last will be the ones holding the bag. Some careful out there.
I was once drawn into that. They and their cronies are usually the first ones to get in hours or days before the pump. It's their operative pattern. The rest of the maddening crowd are their prey. It's not as if they suddenly discovered a gem. Nope, it's because they're aware of what great number of followers can do when they decide to buy a particular token almost at the same time and they utilize it. Price will soar of course even if it's a shit token but what happens after that. The pumped token gets worse after that. A few great tokens have been destroyed with that.
2243  Alternate cryptocurrencies / Altcoin Discussion / Re: Naira (NGN) to BTC / USDT on: October 24, 2022, 03:33:19 PM
Or a contact that might be useful.
You seem to be one of the few Nigerians lost in transit here, so to say? In addition to visiting BrainbossXchange Service {BTC/NGN Altcoins/BTC/Stablecoins} <Rate changed> as @rat03gopoh has directed you, kindly visit the local hangout for Nigeria (Naija). I'm sure you will enjoy hanging out with the rest of the clan.
2244  Other / Meta / Re: Attaining legendary rank - is that the end? on: October 24, 2022, 04:31:38 AM
There's also "Double Legendary" where you have the 1,000 airdropped merits, then you earn an additional 1,000 merits through hard work and determination thus reaching the nominal "Legendary" status with 1,000 earned (instead of airdropped) merits.
I'm just curious. How will you address members like o_e_l_e_o and LoyceV who've earned over 10,000 merits on their own? You'll call them, "Grandparent Legendary" or something in that line? 🤔
2245  Economy / Trading Discussion / Re: Bitcoin 2018 Vs. 2022 on: October 23, 2022, 06:22:25 PM
OP, if it will interest you to know – this present dump started in March of this year. It isn't something new. If anything, I should think that we're almost getting out of it. I expect a pump in November (it's one of the favourable months for Bitcoin). Drawing a comparison between 2022 and 2018, the video you linked us to didn't do any explanation or analysis. It wasn't helpful in anyway. But come to think of it, those of us who were here in 2018 know that no matter what happens; no matter the extent of dip Bitcoin goes it will surely rise to do another great ATH.
2246  Other / Beginners & Help / Re: Is it important to have a niche in this forum or not on: October 23, 2022, 09:12:06 AM
~snipped~
Apart from the beginners& help section, is there any other board or childboard you could recommend for a newbie?
I will recommend Off-topic, Politics and Bitcoin Discussion (the last is the kernel of this forum) in addition to what you've, if you asked me. It's good to have a niche, especially if those areas make you write and contribute meaningfully without a drag. I've observed certain users struggle to post in boards and threads where they aren't gifted to write on but because of campaign requirements they compel themselves to post there. In such posts, it's often disappointing to read as their contributions often display their lack of knowledge in said subject matter(s). I think this attitude can be seen across campaigns with heavy restrictions on areas to post in and those who apply want to be in it at all cost even when they don't have the basic knowledge on restricted areas to post in.
2247  Other / Beginners & Help / Re: What's up with ranking on: October 23, 2022, 06:45:17 AM
OP, it depends on what field you're taking the advice on. Don't generalize that high ranking members are more knowledgeable. That isn't true. We've new entrants recently who've been proving and making meaningful contributions to the forum. Look around and you will find them. One even had theymos adopt the "OP" inclusion to thread starters and that's a beautiful thing. Let me quickly add however, that you shouldn't ever take advice from anyone who tries to advise you on financial matters in your inbox without you seeking them out first, no matter their rank or perceived influence. Most often, they're scammers.


The fact that someone has a higher rank on this forum usually just means the fact that that user registered before other members on this forum and that's all.
I don't think that's all. There are members who got on this forum before 2018 but are just still Full Members in spite that they're still active while there are those who got registered here in 2020 or so but have ranked up to legendary. So, ranks don't necessarily mean that someone got registered before another.

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A good indicator of which members have a good reputation within the forum community is the number of merits a particular member has received.
I won't judge anyone's reputation based on the number of merits they've. That would be using a wrong yardstick. Merit is subjective and doesn't confer reputation or knowledge on users.

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In fact, I have even met certain newbie members who are not very active on this forum but come from the crypto industry and have a lot of knowledge and experience in the field  Grin
This is absolutely true.
2248  Other / Beginners & Help / Re: Nigerian Leads the Crypto (Bitcoin)World in Africa on: October 23, 2022, 06:06:33 AM
At some point, the margin was a slim one between Nigeria and Kenya. It's good to know that the gap has widened now. It's even this low because of anti-government perspective of cryptocurrency in the country. The ban and restriction of crypto use in Nigeria has continued to scare the lilly hearted among us from engaging in it, especially those who don't go through P2P. If it weren't so, the number of users would've been more than what is reported. CZ Binance was fast to discover the Nigeria market and tailored some of his services to suit his Nigerian users. No doubt, that too also helped grow the Binance brand.
2249  Economy / Trading Discussion / Re: Best Strategies for Trading. on: October 23, 2022, 05:09:35 AM
  • BTC/USDT
  • ETH/BUSD
These are very common pairs on exchange and I think as a newbie, I'll prefer the very common pairs over others.
You just took this out of my mouth. You're spot on on that. OP should start with simple pairs like that. Don't cut in more. Grow from one or two pairs. I would specifically suggest BTC/USDT or BTC/BUSD pair. Sticking to a single pair makes it easier to monitor the movement and being able to make evaluation in such a way that picking entries wouldn't be much of a burden. So many traders think that trading many pairs is a recipe for profitability. That's false. There are those who trade single pairs and are profitable doing that.
2250  Alternate cryptocurrencies / Altcoin Discussion / Re: France tops the wave of leading crypto approvals on: October 23, 2022, 04:18:37 AM
News like this will certainly pave way for other currencies to thrive and since France looks to be one of the supporters of Bitcoin, maybe there could be a silver lining for a possible Bitcoin adoption?
No doubt, news like this is certainly refreshing to the ears and gladdens the heart. Sadly, we've read about such exciting stuff that should've jumped Bitcoin and the entire crypto market but which didn't expectedly. I won't be disappointed if this doesn't at the end too. France is a country with influence on the world map and economics too. Let's see how things go from here. However, don't get your hopes high on it so you won't get thrown under the bus, so to speak.
2251  Other / Beginners & Help / Re: What do I need to know has a newbie on: October 22, 2022, 05:47:19 PM
Own a hardware wallet. That's my very first suggestion for anyone thinking to save cryptocurrency for the future. It's very much necessary to ensure the maximum protection of your investment and that's why you need this so that you don't get your BTC lost someday. You can try Ledger Nano, Trezor, etc but make sure you always buy this from the official store of their own. Don't buy from any third party.
Won't that advice be like an overkill for someone who's still struggling with their finances? I think it is. Talking about getting a hardware wallet so one doesn't lose one's Bitcoin, I would say even at that one can still lose one's Bitcoin stored in it. The security of our Bitcoin depends largely on us than on an equipment. I don't think it will be an issue using an Electrum wallet as a beginner.
2252  Economy / Trading Discussion / Re: Leaving your coins on exchanges on: October 22, 2022, 08:31:03 AM
~snipped~
Binance is often the lip of many not because it is secure, I think it is good in marketing itself and also making a lot of convenience and good services that could convince people to use the exchange.
I got on Binance in 2017 based on the recommendation of the dude who kind of directed me on buying BNB. At the time, Binance was the only exchange offering it. I knew virtually next to nothing then. As time went on, I started trading there and realising I could do that more often than on Poloniex and Coinexchange that I previously held accounts with. For me, I discovered it was easier to navigate the Binance platform than others. Later I realized it was even more secured than others because of CZ's SAFU. The assurance was soul lifting and we've seen it fulfilled whenever there's an issue on the Binance exchange. Depositors don't suffer hacks whenever they happen unlike in other exchanges. Invariably, I think the trust and safety of funds have given Binance that edge on others.

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We should not compare crypto with anything related to fiat which can easily be tracked online.
I wouldn't want to go into that debate now. Let's leave it for another day.

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There are still ways to leave just little amount on exchanges that you can trade with. If traders can not withdraw all their money because of trading, they can still reduce the trading amount and leverage the remaining as I have explained in my previous post.
How small is small? What makes for small to another may mean so much to you. If $2,000 is small funds to me, is that to another? I've come across traders who've over $10,000 on different exchanges and they felt it wasn't a big deal even if they lost it due to hacks. For me, that's a huge sum of cash to be left on an exchange.
2253  Alternate cryptocurrencies / Altcoin Discussion / Re: Not all new Projects are bad, So take the Risk on: October 21, 2022, 09:40:57 PM
~snipped~
It means, if you invest into 50 things, you could have 1 or 2 things that does 100x and cover all the costs, if you then use it to buy into another 500, that would give you even bigger chance. So, the more things you get involved with, the more chances you will have to profit from the brand new ones.
Well, suffice it to say that your profitability would also depend on what those other things you're investing in are, what value and utilities they've and at what price entry you're getting them. It's not automatic that every piecemeal investment will turn into profit. One could invest in several of them (like the 50 you used as an instance), and still end up losing all. Putting one's money in shitty projects won't guarantee a winner. That's just my take on this.
2254  Economy / Trading Discussion / Re: Leaving your coins on exchanges on: October 20, 2022, 02:16:44 PM
But how are traders helping themselves? Not to hold on exchanges is good for holders, but would be hard for scalpers and day traders.

Are you traders able not to leave your coins on exchanges?...

What effective way you use to protect your coin as a trader?
The only possible cushion for unmitigated risk in terms of this will be to only deal with trusted exchanges. Deal with exchanges with high trust score and I guess that's why Binance is often on the lips of many. Yes, Binance suffered a hack recently but that was swiftly taken care of by the exchange. It never affected depositors. No trader can do without leaving funds on exchanges. I've read a lot of reviews where traders were advised not to leave their stuff on exchanged, no matter what. That's not feasible. If you tell crypto traders not to leave their funds on exchanges because they're centralized, then those who do traditional trading shouldn't also leave their money in the bank. How about that? Aren't banks also centralized?
2255  Local / Politics and society (Naija) / Re: African Proverbs in Pidgin on: October 20, 2022, 11:50:21 AM
Dem sey e nor dey good make craze people scarce for community but na from which person family e go come from bi d problem.
Meaning: It's normal to have natural abnormalities occur once in a while to keep reality in check but no one would want to bear the brunt of such happenstance.
2256  Economy / Services / Re: [OPEN] BestChange Signature Campaign | Sr Member+ on: October 20, 2022, 11:26:16 AM
We are happy to announce that our campaign will be joined by Adbitco. Welcome to the team!
Welcome Adbitco, nice one. I'm cocksure you will have a great time with us at BestChange. Felicitations!
2257  Economy / Trading Discussion / Re: WHAT DID YOU STUDY? WHAT DID YOU LEARN? on: October 20, 2022, 11:22:29 AM
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~snipped~
Somewhere in that mix, there should be – A writer's creativity and scrutiny of analysis (accuracy matters).


Beyond all that listed is the major thing. That's the ability to control the unruly emotion. Lack of self discipline and emotional control are the bane of every trader, even if they've a perfect trading plan. Without control, a near perfect trading plan will be messed up easily. I guess this is what makes the difference, not the actual field of study.
2258  Other / Beginners & Help / Re: What you need to know to avoid possible scam on: October 18, 2022, 10:39:34 PM
If there is anything difference/discrepancy from what they told you from what the information is then push further, you may find something and what you will find will help you not to be scammed.
This is a very salient point but sadly a whole lot of people tend to over look it. Overlook it in the sense that they come up with an excuse that it was a slip. Once I sight a discrepancy in what is said and that which I see on the site or on the social media handle of that same business, that will be to scamper to safety for me.

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Admin is the only account to respond to with care because you don't have to believe everything you hear.
Yes, this day most admins on telegram have that caveat – admin will never pm you first – to their tags. Yet there are people who still over look it and respond to random pms. Wisdom isn't for everyone, honestly.

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Another way you can avoid being scammed is to delay your "intending scammer" on the information they require you to give. Scammers don't like for you to delay them
True. Delay tactics breaks scammers easily because they're always fixated on the prize money from their inglorious and scam acts and would quickly want to redeem it.
2259  Local / Nigeria (Naija) / Re: Nigeria (Naija) on: October 18, 2022, 09:52:58 PM
For example as the new $ to N exchange rate na 750, we nor go expect say as soon as the next president enter the naira to dollar exchange rate go go back to 150.
Na true you talk sey nobody fit perform magic on top owa economy as e bi now but at least make persin wey get sense and dey ready to work enta. We can't continue like dis na. Nigeria matta reach to depress anybody.
2260  Economy / Trading Discussion / Re: How much gambling is in trading cryptocurrencies? on: October 18, 2022, 07:33:54 PM
The problem was that I was using my limited knowledge and at that point all I was doing was like trying to find something elusive.
You get things elusive in gambling while in trading you know there are products involved to be exchanged, one for another. I know the thought of people yolking trading and gambling as same will come from the feeling that both can't be touched or felt as tangible products. Those who truly trade know that trading isn't synonymous with gambling. It's buying and selling, simple.
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