We often advise newcomers asking about successful Bitcoin investment strategies to have a well-structured plan and stick to it no matter what. Nevertheless if there is anything I have learned is that in bitcoin investment it  is rarely a linear journey. And despite our best intentions and meticulous planning, unforeseen circumstances can disrupt our initial plans. For the community I want to know, has your investment plan always unfolded as expected or have unexpected events caused you to pause or modify your plan? Despite our best efforts there are instances where sticking rigorously to a plan becomes challenging due to the unpredictable nature of life.

I see a lot of people agreeing with AIs prediction and some syas that there has been experts opinion on similar terms that Bitcoin will be finishing this year around $45k mark but I repeat once again not to blindly follow anyone who claims to be experts and AI will source it's result through various analysis and logical reasoning available on web but either of them could go wrong because if we go by AI then all the signals generated by AI bot while trading should be accurate but that isn't the case and if we have to believe in expert's opinion they are the same people who once said Bitcoin will reach $100k back in 2018 which turned out to be a disastrous year, I still remember towards the end 2018 Bitcoin was trading at $3000 the same people used to say Bitcoin is a bubble which has bursted. Please do your own research and analysis along with the news and events related to Bitcoin it will give you best direction about the price.

I don't know what good this survey will bring to you, but I would like to say that even if I live in my country's city, let's say any small city, it does not mean the rates in a country are the same everywhere. The rates at my place cannot be the same as they might be in another city. But to give you a hard guess, for simple food in my city, which is roti and salad, we have to pay at least 150 to 200 pkr per meal (in dollars, it becomes $0.52 to $0.7). These are very high due to inflation, but if we go somewhere else, like a big city, the rates can exceed $1.

As food eaten in different places is different, the rates are also different, but to get an average, you can say we have to pay $1 for one meal, which is the simplest.

And average monthly salary is around 30k ($104.53) pkr to 40k ($139.37) pkr issued by the government for the lowest labor, even if they are working in the private or government sector. But as you stated, you don't need tables issued by the government due to their vilification, so the same happens here. I would like to say my father's monthly salary is only 20k pkr as a night security guard.

Will it Hold? BTC Targets $40,000

When you check the October 2023 Non-Farm Payroll data you will notice Without a doubt, the bulls continue to dominate the market as the Bitcoin price surged to a new annual high of $35,400. Given that Bitcoin miners control 10% of the total BTC in circulation, their trading actions have an impact on the BTC price.  Indicators presently suggest that BTC miners have adopted a bullish attitude during the week, and if they continue to accumulate rewards, we might witness further gains up to $40,000.

Secondly, Sources from IntoTheBlock shows the demand for Bitcoin has exceeded supply judging from the data available at the aggregate order books https://app.intotheblock.com/coin/BTC/deep-dive?group=exchanges&subgroup=order-books&chart=all. If this holds through then we expect the market for this week to remain bullish. However, there may be little contrary arguments.
A critical point to note is that everything being equal BTC price may likely defend the $33,500 - $34,500 zone and prevent bearish reversal.
I did my analysis on a weekly based and it may be subject to my bias. Feel free to contribute and possible show areas that are worthy to note.

How exactly do you guys even come to this conclusion that one or a gambler can set a winning limit and stick to it?, we all know that when a gambler in winning, that is when he or she is much more motivated to keep paying more and more, so as to keep increasing the profit, and we never can tell what may happen, the gambler might end up hitting the jackpot if he or she keep going.

To this or the above, i personally believe that setting a winning limit is not efficient and so unreliable when it comes to responsible gambling. Instead of setting a winning limit, set a loss limit instead, with a loss limit, you know that once you as a gambler have lost a set amount of money in gambling in a day, you give up gambling the whole of that day and possibly try again the next day. A loss limit i believe will be more effective and more reliable in helping a gambler maintain a responsible gambling attitude.

I have often wondered about the people who have lost a lot in gambling and who almost loose in every gambling activity they participate. What is their reason or motivation to continue even after so many losses?

Beside being completely broke, many people shall quit from gambling after they become "Rich".
For example, you get a job with decent position and  salary or your bussiness suddenly booming or you married with a rich guy.
Why need to gamble again when you already have a nice income and stable.

We know that most of the investments are actually complicated and involve risk. Business is actually good if you are knowledgeable enough, cause it's not easy if you just want to build a business due to the reason you think it's the best. You would need to study the target customers, the demand for the product as well as the competitors in the market, the location, and most importantly the capital. This argument literally depends on the people's preferability and knowledge about specific investments, if we're gonna compare crypto, real estate, and business, I think they are all the same. From real estate, you can actually do monthly payments for years, but of course, you would have to look for small interests, by simply that you could start with real estate as well.

I think that to avoid over expenses a person must experience first what it is like to live under pressure of owing money to someone. Real life experience is what differs theory from practice. We can say a lot about making budget, planning, avoid impulsive purchases. But people would still get tricked by taking wrong decisioins. But if we already know what will life would be, when we have already burned, then it will be much easier to avoid.

I would have posted this thread on my local board (Nigerian local board) but I didn't because both Nigerians and other countries can still benefit from this little business idea.
The kind of business I want to share is what is called graundnut oil making. This business idea can help someone that doesn't even have a skill and someone that is not even educated, all the person just needs to have is the money to buy the manufacturing equipment that's all.
With this graundnut oil making business, one can get the kind of life he/she wanted because the demands in this graundnut oil making business are a bit high. One can even start with a little money. However, this business is also an investment. If one can dedicate more time to it, he/she can benefit from it (can make it a company).

this information shows how the demands of the graundnut oil is in my country today is.
You can also watch a little on how to manufacture the graundnut oil, I can even invest more if I have this business and start making more money, so what are your takes in this idea?

I want to know about the cost of living and average income in each country. Can I ask that here?

For comparison, may I ask how much a standard meal in your country costs for one meal? what is the standard food menu? What is the average monthly and annual income in your country? Please those who answer can use calculations in USD

Note: I don't need the tables issued by the government because they are usually different from the reality on the ground

To me, I see Trading as similar to playing a game where you need to learn from your mistakes to become better. And quitting should never be an option because even if you lose you can still learn something from the experience. The idea of learning from mistakes and growing stronger as a result is not only applicable to trading but can be applied to all sorts of areas. It's often said that you have to lose to win. Some successful people who lose early in their careers often come back stronger and more resilient because they've learned from their mistakes. The same is true in trading where failure is often seen as a learning opportunity. Although it can be easy to get discouraged when things don't go our way but if we shift our perspective and see every loss as a chance to learn and grow, we can keep moving forward even when it's difficult.

There's a popular saying in pidgin that goes like this, "Na person wey give up lose" meaning that "You don't fail until you quit." And I think this really sums up the idea that losing is only a failure if you give up. If you keep trying and learning from your mistakes, you'll always be making progress even if it doesn't feel like it at the time.

Pump group? Man! You have to be careful, I have friends who have lost a lot from such groups. Although, I don't know how legit this one is, you have to be careful. Is best you get insights yourself from any coin you wish to buy. Even Binance, Bitget and some other exchanges do give insights into coins that do well. You can start from there if you wish

In this case, is the Ordinals being the main problem here or there's just an increase in the numbers of transaction at the cause of increasing adoption rate, if what am thinking isn't it than the ordinals then i think it's high time the developers community finds a lasting solution to it, bitcoin is known to be as cheap as 2 sat/vbyte and which is very offordable by everyone performing transactions.


I don't know how we all came about this from the first place in renting out the blockspace when we know that bitcoin space could later be utilized for its same purpose when the network get congested, now it has to be a contension between the normal bitcoin users and the stranger ordinals for the highest bidders to get their transactions confirmed first, miners are on it again, their time to leak the milk to their mouth.


It also sounds ridiculous to me hearing about NFT on bitcoin network, this is one of the ways some new developments could be of advantage or disadvantage when newly introduced.