Sorry to disagree with you on the reason for the high traffic here. I don't think it's because of the quality posts made here that we've a great number of users. I think it's more of the posting incentives here. We have seen how traffic dropped in the past when signature campaigns seemingly dried up. A great number of users wouldn't be here were it not for the weekly stipends from posting.

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Apart from the incentives from campaigns, I think navigation and interface on this forum is way ahead of others. Here is user friendly. The community is great too. Yep, I know some are unbelievably horrible to mingle with. Again, there are first hand teachings here from reputable and grandiloquent developers, tech wizards, programmers, who've graced this forum. Some even have registered accounts here. Whatever history happened with Bitcoin has been captured here and in most cases by those it happened directly to. Being here is a first hand privilege.

Why is that so? Sadly, it's true. I've noticed it too. That's a bad strategy according to what I learnt in my formative year going into trading. It's called chasing price. My question is why do investors do that? Is it because they don't have faith in what they're buying or what? This attitude cuts across all cryptos. It's not only a Bitcoin thing. For instant example, there were several altcoins that looked promising last year and prices were very high and many investors wished they had bought in while they were very cheap or that price could dip. Today, most of those altcoins have crashed beyond recognition but people still aren't rushing to buy them. They're waiting for a rally to kick in and then they go chasing it. For me, that isn't my method. I like to get in before the rush.

Even the man whom they said supposedly saw tomorrow wouldn't even make that blanket statement about Bitcoin and its extinction. Your brother is undoubtedly wrong. There are many factors that go against his prediction but that's not what I want to dwell on here. Bitcoin has come to stay. The days when Bitcoin's future was shaky has long past. We're in the era of stability now. 2025 will come and go, Bitcoin will remain here. I believe it's pessimism that's driving him to say that. He needs your assurance and convinction to demystify all that wrong notion about Bitcoin.

Perhaps, we could get sirius to talk on this. Dude was one of those who came close to exchanging ideas and correspondence with the famed Bitcoin maverick and creator, Satoshi Nakamoto in its early days. Sadly though, sirius was last active here in 2018. I've thought of this myself about early adopters being wealthy from their discovery of Bitcoin but then I realized that none of those early adopters truly knew the actual potential of Bitcoin. It was a gamble of investment they took and once they saw little profit, most of them would've cashed out. Those who are really reaping from Bitcoin now must be those who bought back or the "second phase" of adopters.

You had a misconception about Bitcoin which has been cleared now. It was an error of perception and you aren't the only one who had it (there are countless numbers who still have it till date). Another thing you should know is that there's nothing which has been created or made for positive use that doesn't have a wrong use of it. Evil is upon the face of the earth. There are people who just roam this earth looking for what to pervert. Come to think of it, aren't there negative uses of fiat? I'm sure even during the stone age era there were also perverted use of monetary instruments. It must've been the same for cowries too. As holy as the Bible is, we still have scammers who use it to deceive others even on the pulpit and other places.

How will scarcity give rise to price hike when the scarcity can't be tested by the activities of buying and selling because everyone is hodling. There can only be scarcity when there's a short supply on the market and not when it's not there at all. When it's not there at all, it only means wipe off or complete withdrawal from the market and such doesn't affect price. Hodling in the real sense means you don't want to sell. Now, look at it this way. If everyone stoically refuses to sell at all no matter what, how will there be a price level? No way! You only get to know what price is because people are buying and selling it. If those selling are more in number than those buying, it simply means that price will continually go down. If reverse is the case, it means price will continue upward. That's my little explanation on this.

Well, I can still say it's a nice way to start; at least put the information out there. However, there are certain observations I've made. One is the issue of privacy. I mean, I wouldn't be cool to let every Tom Dick and Harry at my work space know I earn in Bitcoin. It can expose one to dangers of work place envy and plot to hack or harassment for one's password. Secondly, that staffers get paid with Bitcoin won't mean much if they don't get to hodl some of it. I know those workers will convert to fiat almost immediately and start spending because salary is never enough for most people in the country. I know you're a Nigerian too.

From the OP it's obvious that the user isn't a trader. No trader can underscore the importance of exchanges (even centralized ones). Exchanges, and not private wallets, are the oil that greases the crypto industry. I've argued it before and will continue to see it that way that Bitcoin or alts derive their price value and evaluation from the activities of sellers and buyers and not from hodlers. If everyone hodls there won't be price value attached to any crypto. That's the simple truth. So, hodling Bitcoin in wallets without trading it doesn't in anyway mean well for Bitcoin. If it does, there wouldn't have been any need for the 10,000btc exchange for two pizzas. Again, there won't ever be exchanges running out of business.

OP, you should concentrate on cryptos with high trading volumes and volatility if you want to be profitable in addition to learning the set skills for trading. A crypto with high trading volume, will present low commission charges on trades. So, you don't have to be experiencing the type of large gap you find as commission charges when you buy or sell like you do when you trade Illuvium. With its high price level, I believe $8,350,000 24hrs trading volume is way too low. Again, you don't have to keep withdrawing to a remote wallet if you want to live on day trading. Of course, there are legions of traders who live solely on trading. It's as lucrative as becoming a doctor or an engineer. Just have a handle on it and be patient. What kills most trading accounts is impatience.

Personally, I don't like quoting in block. I tend to snip out unnecessary part and go straight to business of my response. Sometimes I just boldface the part of interest so that it won't look confusing to those reading my response to a particular comment or skew it to seem out of context. I don't mind too how people quote me, provided they don't distort my comment to favour a misleading narrative.

My judgment of those who quote in block is that they aren't well tutored, it doesn't matter their ranks. I classify them as noob posters.

Yeah, most people don't like making research a major thing and be strict about it before investing. They do the research after they've invested in a so to say, putting the cart before the horse, manner of approach. It wouldn't take anyone more than 30 minutes going through that site to discover it's a scam site. Laziness is the bane of many investors, truly. Like I noted in my previous comment, the wife didn't act in good faith also not letting OP know she was investing in something so that both of them would've looked at it together. Two heads are better than one. Couples shouldn't be keeping investment secrets.

Save yourself the heartache. There's none. The earlier you know this, the better for your peace of mind. I've closely monitored those groups that mouth lofty achievements of wins only to find out that most of it were screenshots taken of a few wins and blown out of proportion. Whenever their trade calls are not positive, they will make it look like they never made the calls. They parade paid VIP sub group and plaster supposed results from such in the general group and act like they actually made those calls earlier in the VIP. It's all deceit. Steer clear from signal groups, at least paid ones.

You didn't need to be cocky in a simple question that demands a straight forward answer. BTW, what food are you putting on the table if I may ask? You just painted a hypothetical scenario in theory and you're already gloating like someone who has a wand? Hello?

OP, you may want to look at that question and answer. I can only guess you missed it the first time and that it wasn't a deliberate omission.

I was also going to suggest this but then I figured out that OP could be paying bills from the profit they make from trades, assuming they don't have any other source of income. Nonetheless, OP can also ploy back a part of the profit (not all) into the trading capital and continue to maintain the same trading plan and mechanism that have made them profitable all the while. They shouldn't get excited and carried away to the point of looking for a shortcut by neglecting risk in terms of Money Management (MM). Don't over trade or leverage. Slow and steady wins the race, they say. Since OP already has a handle on trading, they should continue with it and gradually increase trading capital. It's a bad idea to source funds outside since they're already profitable.

Nope! That's a wrong conception. Off topic, for me, is for discussions that are far off from Bitcoin or crypto discussions but can be of benefit to those who are also interested in cryptos. I like to call it the, "Relaxation" board. It's for cruise. Sometimes, marital issues, sex, parenting, religion, siblings rivalry, schooling, cooking, kitchen and bedroom incidents, just name them, come up here. Can we truly say issues on those items listed are useless? Of course, not. Off-topic is even a place to start for genuine newbies who are lost here because it helps them pick interest posting here as they can easily identify with one or two topics to write on while perusing other sections of the forum.

Really? How so? We can love and admire Bitcoin but we shouldn't be blinded to its faults too. I'm sure, if Bitcoin weren't the first it wouldn't even be having half the goodwill it's having as an edge on others. After all, it's not the only payment crypto. Come to think of it, Bitcoin doesn't even have a smart contract; does it?

Isn't it the same way Bitcoin is? Those who hodl thousands of Bitcoin are in the minority compared to those who hodl a few sats here and there.

Anyone who isn't hodling any potential altcoin or a fraction of Bitcoin (at least) is lacklustre with aim to chasing price. There's enough discount on all cryptos now. All of them have suffered severe beating in price to warrant anyone taking them as gifts now at whatever price one buys them. Just imagine there are those who invested when Bitcoin was $64k+ but are now dillydallying buying it now at less $23k. It doesn't make any sense at all.

Well, why I won't try to sound or assume the position of a marriage counselor I think your "lovely wife" was in the wrong not to have informed you of her investment move first before making the move. There ought to be cross fertilization of ideas between a couple on major issues such as finance and upkeep. Now, back to the site; it's an obvious investment gone wrong example. The cash fell into wrong hand and I don't think it can be retrieved. That's gone. It's a shoddy site.

Don't also let your guard down here too when you come across those titles you mentioned. Maintain the smartness of the serpent whenever you're dealing with anyone online, whether in BTT or elsewhere. In fact, whenever you ask questions regarding finance, pending bitcoin transaction issues or lost of wallet with cash in it and someone sends you a pm to proffer a solution; know it's a scammer at work. The real users who will solve that problem for you won't private chat you first. So, be careful. Know the antecedence of any supposed veteran member you're following or admiring first before anything else.

If such posts are from participants of the famed scam site - 1xbit, I think it's pointless wasting efforts in reporting them. Those who are enrolled there and the project they promote deserve each other.

Oh, really? Then that could be a major reason I shockingly find shitposters in some reputable campaigns. Reading isolated posts without following the stream of thought in the thread is likely not going to expose even off topic posts, the same way it won't expose edited posts too. It should behoove managers to do thorough jobs and monitor what their participants post. After all, they say that what is worth doing at all should be worth doing well.