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281  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 01, 2024, 01:48:36 PM
Exactly, when you sell and indeed to buy back at a cheaper price you might end up not buying back because of so many reasons, which we cannot predict the outcome of what would happen by tomorrow. If you sell to buy back, it destabilize the purpose of investing and increasing your bitcoin portfolio. Patient does not have any role to okay here, because you are waiting for a time that you don't know when the price will dip for you to buy back, and you keep waiting hodling fiat that is depreciating in value.
 yeah alot of users are used to such act selling from their bitcoin holding with the mindset of replacing it , one thing you should be Aware of is that most time you won't have that privileged to buy it back that same price or cheaper price ( if one wanted to replace back) , like for instance now alot of users bought bitcoin during the time Bitcoin price was Around $10k , alot of users sold from their holding with the mindset of replacing it back, at the same ( they brought it)  or much lower price, but look at now bitcoin already around $70k and alot of people who sold like $500 worth of Bitcoin during $10k which would be 0.5 BTC . And lateron replace it back ( with $500,) during the price range of $60k which would give that same individual 0.0083333 BTC . You can see the great different. That's why not advisable to keep withdrawing from your investment even one having such mindset of selling with replacing it back .and we are all aware that those that started their bitcoin accummulation would be in more advantage's than those that invested now .

That is a fair example, except your math is wrong for the guy who sold 0.05 BTC at $10k (which is the equivalent of $500) in order to buy back cheaper, but he was not successful.

Another example of recent times is that there were probably plenty of guys selling on the way up from  $27k to $50k, and they were expecting to be able to buy back cheaper, and they may well not get any opportunities to buy back for cheaper than they sold, and at some point they may well have to suck it up since patience is not likely going to be enough to actually get an opportunity.

that's another factor most persons that sell for the purpose of buying back don't always put into consideration. What's the possibility that Bitcoin would ever get low to the amount you've sold your holding? The reality is that at some point, you will get to understand that it's not always about being patient enough till Bitcoin dips down so you can buy back. Their are past prices that Bitcoin will never go back to and those that sold at those price with the purpose of buying back might have probably realized that it's not realistic for them to buy back at the level of dip they had speculated while they sold part of thier holdings and would just have to buy at the current price with future bullish period in mind and never consider that they've loosed in their strategy to buying back at the DIP.

One of the main issues with selling to buying back in the future dips is that you don't know when to expect the dip and can't tell how long you have to wait before it dips below the amount you've sold part of your bitcoin and with a lots of uncertainties that's associated with it, selling to buy back might in most cases not end well.
Earlier this year when the price was revolving around $40k, somany might have been between two opinions of either selling or to continue stacking and those that might have probably sold at those price with the intent of buying back are obviously in the position where they are damn uncertain whether or not Bitcoin will dips back to $40k. And converting your Bitcoin to fiat comes with another issue you have to put into consideration like if your fiat that's now in a centralized system and subject to tax and other regulations would be in good shape for a longer period of time if you necessarily have to stay for months before you will be able to buy back. and believe me that it will get to a point when we will be certain that such a scenario may never happen which means that we can't buy back at the price we sold our Bitcoin.
The point is there's no guarantee they will buy bitcoin at the previous price, no one can actually predict but it's best to avoid such risk cause for example; I bought bitcoin at a very low price and decide to sell after making little profit with the aim of buying back and I never get to see such price again. In this case an investor will look stupid for behaving in this manner and it sounds like an investor want to play with their bitcoin investment, mostly newbies cause selling or making fast profit should never bother a newbie at an early stage, for example selling should not be the priority of a newbie. It's more better to keep accumulating regardless the price cause we're actually planning for a long term investment. Secondly there's no guarantee holding fiat for long just like what Frankolala wrote, during the past months my country experienced similar issue when the currency lost value drastically, just imagine an investor playing fast game during this season, when there's no enough money to meetup such investor will definitely loss and regret.
282  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: April 01, 2024, 11:37:53 AM
What are the motivations after lose against dortmund which is also placing below bayern? I meant if Bayern has no chance of competing with Leverkusen for the Bundesliga trophy. caused by this lose The loss to Dortmund obviously eliminated Bayern's chance to compete with Leverkusen, and it now has no chance of winning the trophy. I also doubt Bayern Munich will win the UCL this season because of their poor performance. Tuchel is the main cause of Bayern Munich's trophyless season. I doubt that Bayern Munich will be able to perform better. The defeat against Dortmund was obviously causing Bayern to lose confidence. DOrtmund was also involved in UCL, which means it was also a setback for Bayern.
It demonstrates that Bayern has been degrading significantly on its level. This is now the same as it used to be. Bayern is still performing poorly in this match. Tuchel sees UCL as his last chance at Bayern.
I believe that departing with him was the best decision because he was unable to create a positive environment for the players and it was also triggering bayern to play so badly in this game. He also caused players to lose confidence in their ability to play under him. Even some players have stated unequivocally that if they do not feel comfortable with it.
It was also the primary reason for the club's poor performance.

Yes, actually, after Bayern Munich's defeat, there will definitely be many people who doubt that Bayern Munich will be able to win the Champions League title, but in my opinion, this is too early.
It can never be predicted what results Bayern Munich will get in the Champions League at this time and it could be a bad performance in the Bundesliga, but at the end of the season Bayern Munich can win the title in the Champions League like several seasons ago.
For everyone who is a Bayern Munich fan, they will definitely continue to support and believe that Bayern Munich can still win the title in the Champions League, but for me after the defeat and poor performance in yesterday's match, I am a little doubtful.
How sure can we be that Bayern will be defeated, it is likely unpredictable, the match between Arsenal and Bayern will be a tough one, tho not compromising our postulations, Arsenal is likely to win, their performance is something the fans can talk about.
The chances of Bayern becoming champions is limited, the remaining teams on this same race are not just ordinary or normal, these are the best of teams that are capable of becoming champions, it will take a lot of sweat and strength for Bayern to become the winners, knowing they have very strong opponents to face, teams like Real Madrid or Mancity, PSG or Barcelona, these couple of teams would not relent on securing victories from any other team standing on their way.  


What if Bayern Munich lost out in their league just to get ready to play against Arsenal, let's not forget they they have a very good record against Arsenal and their performance in the champions league can't be compared to that of their league because even when they were playing very poor in the league they still came back to beat Lazio 3:0 to book their ticket to the quarter  finals. Arsenal is in good shape and form now but they need not to underestimate Bayern Munich because they will come all out to ake sure they get  a win in their first leg and if they are able to achieve that, you won't believe what the final score will be in the returning leg because they will be aiming to facing the next opponent and their confidence will be back. All the teams in this stage is good but is t is still very impossible to know the team that will be champions but after the semi finals the best two will come out from there.
Bayern Munich winning the first leg is what I don't understand and secondly I don't think Arsenal will be so stupid allowing Bayern Munich win at the Emirate stadium. Concerning the second leg I can't predict but if the goal difference is much during the first leg then Arsenal will definitely win the game.
From my opinion predicting the match is difficult but let's not forget the strength of both teams this season and Arsenal has been playing effortlessly, watching yesterday match also show the strength of Arsenal this season so I don't think Bayern Munich will win so easily or rather I don't think Bayern can defeat Arsenal.
283  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: April 01, 2024, 11:22:58 AM
Arsenal would have been win if Jesus wasn't there, he didn't have a good shooting skills.

Both Raya and Ortega played very well in this match, even though they're a goalkeeper, but they blocks and saves from crucial shots. Congratulations for Arsenal to defend from Manchester City's domination.

This draw result really benefited Liverpool lol, I think they will win on this season!
I didn't believe Arsenal will go this far cause I'm surprised, the game shows Arsenal has improved cause during last season Arsenal was not like this so watching the game yesterday I was surprised. Manchester city also played but Arsenal locked the defence and all thanks to Saliba and Gabriel. Gabriel J had all the chance to save the team but not enough, I actually thought Arteta will use Trossard at first start but nevertheless both teams really struggled and it was a tough game.
284  Economy / Services / Re: [OPEN] BITWINUP Bitcoin PVP Prediction Game Signature Campaign | upto $90 on: April 01, 2024, 11:06:07 AM
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285  Economy / Services / Re: 8ombard Signature & avatar campaign(1 Full member spot open) on: April 01, 2024, 10:57:41 AM
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286  Local / Nigeria (Naija) / Re: Naija they take full advantage of Bitcoin on: March 30, 2024, 07:51:53 PM
Nigeria as a whole with large population, citizens has adopted bitcoin as an investment choice, the way you said youth looks like bitcoin investment is just for the youths only in Nigeria but I disagree. Bitcoin investment is for everyone and Nigeria with a high rate of bitcoin adoption is great. Despite the ups and down crypto enthusiast face as a result of the ban on Binance in Nigeria but still Binance is not just the only exchange but half of Nigerians love using binance for exchange. Surprising the government can't stop crypto users in Nigeria. Bitcoin is actually a nice investment choice but still let's not just hype and hype without buying.
287  Economy / Speculation / Re: Buy the DIP, and HODL! on: March 30, 2024, 05:02:38 PM
Plus plebs like me who are just starting during this cycle should be with an attitude that any "life-changing" amounts of money can't be earned in merely one cycle. For the 90% of us participating in Bitcoin Land, it will probably take three bull cycles, or probably more. Plus to those people who are willing to risk it by participating in some shitcoinery, do it where the market is denominated in Bitcoin. Do it in Bitcon DeFi, it might be one of the biggest narratives during this cycle.

well, it depends on how much you've been able to gather at the end of each circle and whether or not your goal is to gather as much as is needed to ensure you don't necessarily have to work once you've sold off your holding. It's good we make it plain that the reason why you're accumulating or investing in Bitcoin will not be the same reason why the next person is doing his and this will go a long way in shaping how he goes about with his investment and how long he desires to hold and remain in profit before selling his holding. For a young guy who's receiving some stipends from his parent while in school and decides to put them into doing regular DCAing once the money comes in, he can decide to work with just investing for a single circle or two circles and take out the proceeds of his investment into starting an entrepreneurial business of his own and as long as that's his purpose of investing in Bitcoin and that he has archived that purpose, then he has made a good investment journey.

I know that generally speaking, what puts you at a better profit margin is basically how long you're able to continue stacking and how much you've been able to stack within such period of time but if the resources are available, a guy can use two circles to stack way more than what another person will be able to stack within four to six circles if the latter use a DCA amount that's not big enough so in essence, it's not just about staying too long that gives you good profit out of your investment, it is actually accumulating as much as you can within a stipulated time frame and then selling when you've reached your investment. If you've reached your goal by just accumulating within a single circle or two, you will still be in profit and if you can still go longer and continue accumulating along the way, it will still put you at a good advantage.


Although that's true, I'm basing my post from the viewpoint of plebs like me - who have just recently started their accumulation of Bitcoin. We don't have the capital like BlackRock or Warren Buffett. Because if the plebs did, I'm very confident they wouldn't be buying Bitcoin with almost 100% of their savings during 2019. Hahaha. They would be buying houses and yachts, or the next new sports car. Cool

Plus the other point is to always be humble, and stack sats.

We found ourselves currently accumulating bitcoins with small amounts of money only since joining this topic. As much as possible we are trying to accumulate enough bitcoins, feel useful from the day we start accumulating bitcoins. Only DCA method is the best method to invest, there are many big investors who can convert their capitals into Bitcoin.

Dca strategy being the best is something I don't understand, dca strategy is used to accumulate bitcoin irrespective of your status, even with the dca strategy an investor can still not make progress if he/she fails to make proper planning. Using the dca strategy doesn't mean you have to use a little amount to accumulate but tho if your income allows that then it can't be compulsory. In my opinion using the dca strategy doesn't mean you don't have access to increase your accumulation but it just give room for a proper planning monthly or weekly when you have the access to calculate your emergency funds, personal needs, etc before going ahead to buy. For example the amount I used at first is not the same with my present amount cause I increase gradually. Dca strategy has nothing to do with poor or accumulate with little amount.
288  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will ethereum be profitable anytime in the future? on: March 29, 2024, 11:07:52 PM
With change in algorithm and rising electricity bills can mining ethereum be profitable again in the future?
How  i wish you come back online now and see what is the answers about your question and to look at the market on how ethereum increases since you posted this.
Predicting the market rightly is difficult and not all investors can predict rightly but what I don't get is doubting if ethereum can sustain but luckily ethereum has proven the op wrong. I wished op invested at that time till date op would have made more profit compared to investors buying now with the problem of high transaction fee. From my opinion ethereum is totally different from other random coins and it's good for investing
289  Alternate cryptocurrencies / Altcoin Discussion / Re: What is your favorites altcoins these days? on: March 29, 2024, 10:43:35 PM
Mine was BNB, ETH, RNDR, ARB. What about you guys? What do you keep following or watching these days? and why?
I'm not really an altcoin person. Focused more on  BTC, but if I'm to still chose based on how good they are then I'd say ETH, Litecoin, Dogecoin . Coins like Ravencoin has proven itself. Increased over 26% . Of course not compared to BTC but it still real good.
You will definitely find promising altcoins if you make your research, having a favorite coin is not so difficult like from my choice Bnb and ethereum is best for me aside bitcoin but still don't go fully into an investment mostly newly tokens if you're not sure of. For the past months the price of ethereum seems interesting so for now I think ethereum is my promising altcoin before I can think of other coins like the meme and doge coins
290  Alternate cryptocurrencies / Altcoin Discussion / Re: Who is Ethereum's biggest competitor? on: March 29, 2024, 10:31:11 PM
The crypto space give room for competition unlike other investment choice. Different coins with different grades, marketcap, price, blockchain etc, the biggest competitor is Bitcoin and definitely this is common as bitcoin is the most trusted coin for long term. Aside bitcoin, XRP, Solana and Bnb is also a competitive coin with different market. Ethereum is doing well this past month and we hope for more definitely. When choosing a coin I don't think it's necessary finding the competitor and besides ethereun is a good coin
291  Other / Off-topic / Re: Who can you trust more to handle your business, man or woman? on: March 29, 2024, 09:39:59 PM
A top management position is not just given willing except such person want to play with the company. I don't know for others but from my opinion I don't care about the gender type but such person must work with you first from a low position before going for promotion. A manager must be able to make right decision when it comes to labour and service, for example who's perfect for the position and who's due for promotion. The issue with gender female and male is absolutely wrong and sincerely speaking certificate should speak first before thinking of the qualifications. Both genders can actually work but depends on where you're good at first
292  Bitcoin / Bitcoin Discussion / Re: I learned something new from Bitcoin today on: March 29, 2024, 09:23:57 PM
I learned something new today. I started bitcoin trading with 100 $ I made 10$ from here and I lost 11$ gambling with 100$ now I don't call gambling bad because I don't understand and I don't have patience to play the game and past I easily from bitcoin made 10$ profit now which one should i choose you say i know a man need bitcoins in future but still a man can be addicted to gambling and to all of you i want to say none of you should be addicted to anything and not to gambling and you are more Trade Bitcoin and see your future shine.
From my view both are the same due to the high risk involved, the only difference here is the learning process. Everyone here can decide to gamble without stressing the learning process, I don't even need to learn about gambling before I start practicing the act cause gambling have zero skills and surprising gamble at first time looks interesting cause I see newly gamblers getting excited and all that. When it comes to trading your skill and knowledge will be your guide all through, without any knowledge no success guarantee when trading. It's interesting you earn from trading but not everyone here can trade so perfect.
293  Bitcoin / Bitcoin Discussion / Re: Bitcoin to the common man. on: March 29, 2024, 09:02:02 PM
Bitcoin investment is about choice and not by force, I can willing decide to invest regardless my income and status but first I need to draft my plan and strategy before investing at first. An average man can invest in bitcoin without stressing much cause with a proper plan. As an average citizen I don't need to invest using the lump sum strategy so knowing the strategy to use and when to buy is right. An average citizen should not buy with the aim of getting rich quick like using a huge sum just to make extra profit and afterwards he/she withdraw the money. I don't support this idea cause knowing no one can predict rightly so what if the market don't go as plan, sell or hold on?  An average man will definitely sell cause he/she never had a proper plan.
294  Economy / Speculation / Re: Buy the DIP, and HODL! on: March 29, 2024, 05:59:19 PM
It's good we make it plain that the reason why you're accumulating or investing in Bitcoin will not be the same reason why the next person is doing his and this will go a long way in shaping how he goes about with his investment and how long he desires to hold and remain in profit before selling his holding.

Again.. you can do whatever the fuck you like, but you don't really seem to understand bitcoin very well if you think that it would be prudent, smart and/or practical to plan to sell large amounts of your BTC whether it is for consumption purposes or for investing into other kinds of assets/currencies.

Of course, there are ways to maintain and to manage your BTC holdings that could involve some selling, but planning to sell large amounts of it seem to be failing/refusing to appreciate what bitcoin is.

Yeah that's actually very clarifying, however I wonder why someone could even think of selling a large amount of his Bitcoin holding even if he has other intentions of using the funds on, however even if his intentions is to venture into other assets shouldn't be a reason for someone to sell a large amount of his Bitcoin because regardless of the needs or intentions to venture into other investment what should be mostly considered is the potential and how real it is, so considering all this things Bitcoin should always be the major investment for everyone because unlike every other investment Bitcoin has shown that is the best investment that can put a smile on someone's face in the future only if they hold.
Selling or taking out profit is something different from investing and both have a different strategy, buy and hold is different unlike the system when people buy with the aim of extracting huge profit so fast, this is not even appropriate from my opinion. Diversification should be done when you have a balanced bitcoin accumulation in essence you've reached your satisfied target before extracting for other investment choice. From my observation no one can fully invest in bitcoin 100% and it's not advisable so before considering diversification an investor should have a basic knowledge first.
295  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: March 29, 2024, 12:08:16 AM
What are you saying senior? Let me shock you, I watched every game Arsenal played against Manchester City and I was disappointed more than I praised the Gunners last season.
Arsenal played everything called football and after that how did the game end, Arsenal lost to City. Now you don't have to say Manchester City won Arsenal when the Gunners played good football because City had experience, my dear if you're good you're good and Arsenal was too afraid to get things right. Imagine a teams playing everything they know but at the end they lost and you expect the loser to go home with 3pts or the trophy? Hell no.
Understand something, Pep Guardiola is a very wise coach, if he knows he can't get anything done with his style(s) he'll wait for you or the opponent to make one silly error and that's the end of the game, he'll move out of the pitch with all 3pts. Before you play City be ready for any form of surprises, that's what is happening this season, mind you Manchester City are not that strong this season but they get the job done, against Bournemouth I think, it was too hard for City but they allowed the opponent to feel relaxed and when they felt at home City gave them that surprise and won rhe game.
City are ready to hand the ball to you for 30mins but when the time is right they'll strike and you'd be there crying because you lost after dominating the game, look possession is nothing in football but you see that victory and 3pt, give it to the coach that's why I love Mourinho (he said Barcelona can keep the ball while he walks away with the 3pts), that's Arsenal for you last season, play well and lose. So understand what I'm saying about the Gunners don't use because you're a fan to judge wrongly.
You're predictions are different from mine, I heard a lot of talks about Arsenal and the title this season but as a fan I'm also scared cause what if Arsenal sacrifice their all and nothing in return it'll be so disappointing. I actually had this feeling if Arsenal never won the title last season when they had all the chance like 100% chance to win but never won they'll never see such chance again and this is so accurate. This season looks too tough with serious teams competiting. Manchester city at the other hand don't have the strength to over take like last season or else Manchester city would have gotten more point but it's either they draw or win with a goal difference of 1. I can't even predict if Arsenal can withstand their opponent cause looking at the fixtures Arsenal still have strong teams to battle with, regardless I don't think Arsenal will act so stupid this season.
296  Local / Nigeria (Naija) / Re: Think security first, before you invest on: March 28, 2024, 10:52:46 PM
Not just newbies but everyone, I think in the crypto space limit no dey for scammers the only important thing is you don't have to fall mugu for those tricks and scam. Emphasizing mostly on newbies is right cause they seems excited with everything from my observation. prioritizing  your security or privacy is best when dealing with bitcoin mostly this season. A lot of people have been speaking about the giveaway, airdrops etc but I have not experience such ever since. Security in the aspect of our wallet is needed and safeguarding the seed phrase also.
297  Bitcoin / Bitcoin Discussion / Re: End Goal or Keep HODLing? on: March 28, 2024, 09:45:45 PM
Everyone will have something different to say like an opinion to share but it might be different from yours. My little advice is you make research and plan for your personal target, everyone investing don't just invest with zero target like mine can be 5_10 or 4_8 years for example, it depends on your view towards bitcoin investment. If you're looking at the market as an short term profit investment then it's your choice, my investment plan might be different from your plan but there's this habit of always wanting more so I think you just want to still hold cause you see people predicting the price for $120k and with your speculation also.
298  Bitcoin / Bitcoin Discussion / Re: Has BTC really become more attractive than gold? on: March 28, 2024, 09:32:13 PM
Comparing both bitcoin and gold is not necessary, I have seen similar argument concerning gold and bitcoin. Both investment choice has pros and cons likewise other investment. Going for bitcoin seems difficult for most people due to the volatile nature and even with this features bitcoin still stands strong so I believe bitcoin is a top choice, gold also has an amazing feature but an investor can choose both as an investment choice if only an investor has the resources to keep up with investing. Investing in bitcoin now is everyone's target, buy and hold but I don't think I can keep up with both investment so I invest only in bitcoin.
299  Economy / Speculation / Re: Will BTC hit 1M ? on: March 28, 2024, 08:06:08 PM
Actually no one can predict rightly mostly within a long range like 10_20, Bitcoin will stay but no one know if the prediction of bitcoin price will be accurate. Investing for future purpose is right and mostly investing with the right aim like op mentioned, bitcoin investment has to do with time and patience like not everyone will be so willing to wait so most people will prefer to gamble for the short term profit. Bitcoin investment is a perfect example of storing wealth for future purpose, predicting if bitcoin will take over the fiat system is difficult cause I don't think this will happen sooner or later. Bitcoin can be a legal tender but the part when bitcoin will take over every system is difficult
300  Economy / Games and rounds / Re: [VOTING PHASE OPEN] 🥧 Bitcointalk Pie Baking Contest (2nd Edition) 🥧 on: March 26, 2024, 05:44:47 PM
Bitcointalk Account: Miles2006
My vote goes to: 1st Agbe, 2nd Amphenomenon, 3rd |MINER|
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