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241  Other / Politics & Society / Re: Why democracy is stalling in Africa on: April 15, 2024, 07:05:13 PM
It's the greediness and selfishness of power hungry individuals who don't give a damn about their own people as they just wants the infinite power and yes these are the kind of officers we have in Africa who are just keen on staging couple to get into power and unfortunately the ordinary Africans who pays the price. Democracy is the only way for development and freedom but it's still a long battle it's a psychological war as a generation should be though how not to be power hungry so that this chain stops.
242  Alternate cryptocurrencies / Speculation (Altcoins) / Re: $25,000 to put into altcoins... on: April 15, 2024, 06:43:04 PM
I have invested in the all the major coins which you have mentioned in your first line but I haven't heard about the three Altcoins you have mentioned either it's my limited knowledge with crypto or you have posted some coins which doesn't have proper reach or marketing team. I would say the upcoming days would define which segment of Altcoins is going to boom hence I haven't madde any new Altcoin investment and having it under BTC at the movement to act swiftly based on market mood.
243  Economy / Trading Discussion / Re: Crafting a safer strategy for growing your crypto portfolio: on: April 15, 2024, 06:15:22 PM
I have explored these opportunities more than once and thanks for bringing this to everyone's notice I have tried this with Binance wherein I got returns of more than 10% on BNB which was just staked and this is higher with other exchanges like Bitget as they create artificial demand for participating this pushing the value upwards. But just ensure you have enough funds to get benefitted by this and it's true it works most of the time.
244  Local / Nigeria (Naija) / Re: Don't panic just hodl on: April 15, 2024, 05:59:07 PM
No matter how many times we have been through same scenario still the people will panic sell though they knew that the price will rise back but it's not that they don't have any strategy or they are in for short term profit and cannot be involved with Bitcoin for longer period of time. I have seen people saying stuffs like they are waiting for dip to buy but they don't and instead they end up selling their hodlings. I think one must know the basics of Bitcoin before deciding to invest into it.
245  Alternate cryptocurrencies / Altcoin Discussion / Re: Who is the XRP expert here ? on: April 15, 2024, 05:36:16 PM
I don't think XRP will ever rise to $5 as we have seen for past 6 years XRP has been nothing but a great disappointed for its believers and investors, I am an early benifitor of XRP and even I thought there are chances of XRP to boom and touch $5 as banks were preferring it but if couldn't make it because of controversies as well as highly centralisation. I think we have better alternatives and we should be bothered to think of XRP.
246  Economy / Economics / Re: World need urgently decentralized kind of Fiat currency not USD on: April 15, 2024, 05:13:53 PM
There could be either decentralisation or fiat both of them cannot share same stage because on is not controlled by government other one does. I guess you are looking for fiat backed by some natural resources or gold wherein it should be neutral and not controlled by a single country like USA does without any backing for USD but that's very difficult and remember Gaddafi tried created gold backed currency and how has was neutralized through his own people.
247  Economy / Speculation / Re: Bitcoin and global tensions! on: April 15, 2024, 04:55:36 PM

I think they are also converting to USD or hard local cash because it's the only medium they can use when the war breaks out. It's the only money they can use to buy stock they need for the preparation. People need to buy supplies and the prices till shoot to mars when war happens. This tension is somewhat going to this global conflict IMO. 

Although they are saying that the US will not take part in the tension between Iran and Israel, Netanyahu is sick in the head. This man is dragging everyone down with this tension.

This makes sense as the priority for people at the time of possible war is to have enough funds to manage their food and shelter as they will be sticking up things because we all know how worst it gets. Netanyahu is sick sadist who has been killing innocents for years and US and UK are the biggest partner in his crime hence they will be equally responsible for the crimes.
248  Bitcoin / Bitcoin Discussion / Re: What's up ? on: April 15, 2024, 04:40:43 PM
At this moment I could only think of massive selling as the reason for spoke in Bitcoin transaction fee ass there are no other valid reason because we have not seen any sharp surge in the value of Bitcoin lately. There might be other reason which we don't have knowledge about but it's not a good sign and if this happens multiple times in a year then it won't be used to transfer even mid level funds.
249  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Market seems in correction mood on: April 14, 2024, 11:23:15 AM
We have witnessed all this in the past as well and I am sure this time it's not different but just need to ensure there is no decision made in hurry because most of us who are hodling Altcoin has seen massive drop in the value of their portfolio. Currently, Altcoins account for roughly between 10-20% of my portfolio which is down by around 40% now but I am going to hodl on as this correction phase is temporary and I already see some people tryna create panic.
250  Alternate cryptocurrencies / Altcoin Discussion / Re: Exchange native tokens Vs Wallet native tokens on: April 14, 2024, 10:33:09 AM
Never heard of BWB and te concept of Wallet token itself has not been so vocal as most of us are not aware of atleast I am not much aware about it though I have seen TWT in my trust wallet but isn't really bothered to know more about it or invest into it. I will try getting into it if it's worth it I think we need to consider them as well but not sure if they can provide similar profit as exchange tokens.
251  Economy / Trading Discussion / Re: Simple practices to improve trading (2). on: April 14, 2024, 10:10:24 AM
Valuable share but you know most of the traders fails because they don't do demo trading and directly gets into trading even though they are not prepared to lose the capital but end up doing without proper strategy and practice, blindly following the signal groups and indicators shared in YouTube and the most important they just jump into futures trading without knowledge.
252  Economy / Speculation / Re: Inflation and Bitcoin's Potential Impact on: April 14, 2024, 09:28:06 AM
It works inversely as per experience because when there s inflation the value of other assets will be based on their local currency and we have seen some of them depriciating against the USD and we see more occurrence of this when compared with depriciation in value of USD itself. Hence I would say the investment we make in Bitcoin will be intact as it won't be calculated directly in USD or fiat but the amount of Bitcoin we hold and late it would be converted to our local currency which would have depreciated but you will get more of it when converted from Bitcoin. I am sorry if I am confusing you all i an trying the explain how we are safe with our investment in Bitcoin during the inflation but I think I have given very Uber level info which some of you won't be able to comprehend.
253  Economy / Economics / Re: Counting the cost of a ww3. on: April 14, 2024, 09:08:01 AM
Americans are playing with fire first they pushed the Ukraine to challenge Russian and literally fed Ukraine to Russia as their help is clearly not sufficient as they need support in terms of force not just materials, now they have pushed Iran to retaliate israel after they were provoking Iran for years by attacking Iranian forces in Lebanon and Syria. I think it's high time USA should stop wasting their taxpayer's money for Israel and leave them alone for the war to not escalate further as it would be disastrous to all of us.
254  Alternate cryptocurrencies / Altcoin Discussion / Re: How to Approach Alt-Coins in This Israel-Iran Pretended War News? on: April 14, 2024, 08:40:27 AM
I would say sensible selection and we have already seen such situations in the past as well especially during COVID, I would say we need to either utilize this opportunity by going with Altcoins when they are at rock bottom price but need to filter the Altcoins the way you have done because if we choose any random Altcoin then there are chances that the Altcoins chosen may never recover. Else, stick to Bitcoin if you don't want to risk or experiment.
255  Bitcoin / Bitcoin Discussion / Re: It takes the balls... on: April 14, 2024, 08:08:53 AM
The truth has been spoken, this is what happens everytime as people will keep screaming for dip and saying they will buy in the dips they are waiting for dip but even if there is a dip of 5% the same crowd will go mute and won't buyback and rather start panicking and this is not new this is happening for years now.
256  Economy / Speculation / Re: Bitcoin way forward - Towards $100k or $50k on: April 13, 2024, 07:57:11 PM
Corrections are not a new experience in the market even though we are in the bull season but don't get too quick to judge and say, we're going down because it dropped already, and never say we're going $100k because it pumps. The journey of Bitcoin is way forward but of course, not that fast and easy. We may hear people speculating too high like $100k, $150k, and $200k as a new ATH but none of us knows what is coming. Indeed, it was just a sort of market speculation and possibly be wrong no matter what.

Anyway, we enjoy speculating the market and we did based on what we see. The past events give us hints about where we are now but are not enough to tell us where we are going a few years from now.



I am not speculating or advising anyone about market rather seeking suggestions as it may help us understand what others think of the current market trend and the pointa they have considered to conclude their opinion and to be honest the past event hints cannot be trusted as the hints from past years and cycles have been proven to be incorrect this cycle.
257  Economy / Economics / Re: The current situation in the country Nigeria. on: April 13, 2024, 07:30:45 PM
When the government is doing well, it will be a good thing we also talk about their good like what the new administration is doing to make sure they eliminate the hardship the past administration has caused in Nigeria.

You can see that, there is a steady network to carry out any transaction compare the past administration that made many people to lose their love ones because they didn't have network to access their transactions that caused the damage.

If what this new administration is doing now, to stop those foreigners using dollar to fight their local currency, I believe in 5 years time Nigeria will be a country everyone will like to live.

Finally some good news popping out about Nigeria and it would be really great if this happens as Nigeria is already a place everyone would like to live if not for the ongoing corruption which has caused hardship because the nation has everything like fertile soil, ground water, large number of young population and rich minerals, all it takes is a good and sensible governance.
258  Other / Beginners & Help / Re: Be careful about some messages to your DM on: April 13, 2024, 03:36:33 PM
No doubt it's a scam as he or she seems to lack knowledge and the recruiters are not fools to recruit someone without knowledge and this definitely looks scam and fishy. Glad that you shared this because there are various kind of trap which these scammers use and looks like this is one of them.

I cannot rule this out as a scam but I would say a possibile scam.
259  Alternate cryptocurrencies / Altcoin Discussion / Re: Whatever happened to decentralized marketplaces? on: April 13, 2024, 03:26:14 PM
While the ideas that we've first heard and thought about decentralized marketplaces were so good. Applying them to the real world doesn't seem to fit the convenience that we all want. As some are still existing, we don't know if the actual use case of them will be patronized by most people on this market. As what we can see, this market is more of the trading of assets(cryptos) than of the use cases. We're too optimistic about usecases before but we don't know where they're heading now.

It's such a sad state tht it's been a long time since we forgot about the use cases or even what the project has to offer as people are falling for hype and just considering where it's listed and how it's performing without looking at what the coin has to offer on a longer run. People have lost it completely and soon they will even forget why crypto was introduced and what's the actual reason why crypto and Bitcoin came in existence. I think best market will the period when they will understand all these things.
260  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Existing/established altcoins or new ones? on: April 13, 2024, 03:07:22 PM
...People usually prefer established coins due to stability and it's reputation, but ther are se of people who rather prefer new coins because the profit margins in new coins are higher than the established ones.

We can definitely say that the potential of new altcoins is much higher than that of old coins. But at the same time, you should understand that where there is high profit, there are high risks of losing your deposit. Therefore, if you still decide to invest in new coins, then it is necessary to allocate a small part of the deposit for these purposes.

Yes that's exactly my point wherein the coin with high profit definitely comes with high risk and the problem nowadays are FOMO as we tend to invest in a particular coin just by looking at the market trend and pump in its price by skipping the strategy we have planned. It becomes difficult to be on our strategy when we see sudden surge in price of a particular coins. But yeah have a certain fund reserved for such high risk coins will be a better option.
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