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May 24, 2024, 11:51:00 PM *
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301  Economy / Services / Re: [CFNP] BestChange Signature Campaign | Sr Member+ on: March 01, 2024, 01:38:23 PM
...hugeblack decided to return to our campaign. We welcome him back on board!
Oh, really? How I missed that exciting news while it was still fresh. Welcome back to the fam, huge black.


Huge has always been green. Even when I see him on other avatars and signatures, it doesn't fit him. Meanwhile, I would want to know the progress of the account he created then to promote Bestchange before leaving  Grin
Yes, true; green suits him better. Anyway, to check the progress of his alt, check his Trust settings and you will find it there. He gave it a neutral tag. You can trace it from there.
302  Local / Nigeria (Naija) / Re: Afta excitement, reality go set in on: February 28, 2024, 09:59:36 AM
Grandpa General and Pathfinder Bitcoin don do more than $3k increase in less than 24hrs today and nearly touched $60k. E stopped around $59,500 but I believe e go touch $60k b4 night come. Na im be sey d genge movie don start be dat. These big boys putting in money now for dis space when halving neva reach tells me somethin great is coming. If una see dump at $60k, nor panic. Na psychological level be dat.

Edited: D thing touched $63,636 today oh according to intel wey I get from Coingecko few hours afta I throw dat above comment. On Binance chart d thing actually touched $64k. We dey here dey wait anyhow wey e be.
303  Economy / Speculation / Re: Can we see BTC at ATH before the year ends? on: February 27, 2024, 08:59:03 PM
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How about $70K - don't you think that seems possible?
I'm confident Bitcoin will surpass $70k before the last quarters of this year. Already, it's almost doing $60k and we're still so many days away from halving. Don't get me wrong, I'm aware that price won't continue unabated on upward move. There's bound to be little dumps along the line and that's price correction. Nothing to worry about. In fact, I expect a major dump the period immediately after halving as hodlers will want to take profit to reload on lower entry levels.
304  Bitcoin / Bitcoin Discussion / Re: My rewards for hodling despites the challenges. on: February 27, 2024, 06:59:34 PM
OP, I read to know how much you invested that gave you such ROI within a short period of time. Anyway, I applaud your decision. Those who would criticize you don't really know the situation in the country you're from. There's no time for frivolous spending now the way things are going. Those in countries where they can afford to replenish whatever they spend within days can go celebrating anniversaries year in year out but for those in auster countries with hyper inflation hitting them badly, it's a sinful pleasure so to say. I can have a decade wedding celebration, a silver or golden/diamond/wooden/rust celebration or whatever they call them but to have it yearly, I see that as a waste of resources and energy. I hope you haven't converted your crypto to fiat because we're about to embark on a rollercoaster in this space going forward.
305  Economy / Reputation / Re: There is an abuse of merit on: February 27, 2024, 06:25:01 PM
I do not think that @Icefrag is a merit source (can’t generate more merits.)
It's obvious the merit is from what theymos airdropped to all users to kickstart the Merit system in 2018. Judging from the accuser's post history, they last posted in August 2018 before this ongoing debacle this 2024. The account suddenly woke this year to splash 50 merit on a post that doesn't even deserve a single merit. It's a jaw dropping behaviour. Whatever made them do that is left to be understood.

To even think that the accused had been in the forum way back since 2013 makes it all surprising by that attitude. Perhaps it's a bought account. I suspect something isn't right there.
306  Economy / Speculation / Re: Can we see BTC at ATH before the year ends? on: February 27, 2024, 05:33:00 PM
I've watched BTC go from 23k to 52800...
I want to believe you bought too before now. $23k–$30k was a good place to get in. It's evident now that the bus is already on motion.

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do you think BTC will hit ATH this year?
Nope, I don't think ATH will be this year but I do know that Bitcoin will beat its own record this year. I won't be scandalized if that even happens before halving in April. Previous ATHs were recorded the year after halving and that's what I'm counting on this bull season. It's more likely to be in 2025 than this 2024 which is the halving year. Check past records.
307  Economy / Trading Discussion / Re: Does Technical Analysis Really Work? on: February 27, 2024, 03:42:01 PM
I think if a training is 100% for learning, 1% of it is technical analysis and the rest 99% is psychological games..Because I have been learning and trading technical analysis for a long time but mostly I lose.
The reason you lose often is either because you allowed your emotions to becloud your readings of your trading strategy or your strategy isn't top notch. I admit that TA isn't 100% accurate, there could be lapses here and there but a good TA won't make you lose all the time. There's that 80–90% winning rate with a good technical analysis.

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I've noticed lately that big investors can handle trading as they please. Because they have a lot of funds, if they take a small amount, they take big trades and destroy it.
They may have a lot of funds like you said but also remember that they also factor in their risk level to it. Without taking care of risk level or appetite, even huge capital will easily go to zero.

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But I don't have any psychological knowledge about trading. Looking for expert opinion on psychological mind set.
Psychological knowledge is just guts feelings. That's what gamblers use. Except you see trading as gambling, you won't want to resort to psychological mindset.
308  Alternate cryptocurrencies / Altcoin Discussion / Re: Previous ATH achieve before bull? on: February 27, 2024, 01:18:01 PM
I was pushed to asked when exactly do expect the bull run?
We're already in it. I know most people are waiting for it after halving. The days after halving, I expect the market to dump as those who bought early this year or before it are likely going to be taking profit to rebuy for much quantities later. That dump will cause many to FUD. Don't panic when that begins to happen.

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Like I can see ETH and BNB doing very well..
They're yet to get to their current ATH. So, they still have enough room for price movement to the upside.

Although Bitcoin price has significantly increased from what it was last year, but from what I've yet observation it's after halving that the main bull run will gradually start to happen, until it eventually reaches it's ATH.
The months after halving is the era most people look at for the bull run. Sadly, that's when things begin to heat up and the market begins to go gaga. So much noise in the market during such time. For me, I've come to note that the bull run starts a year before halving and goes into a year after halving (this is where we expect a fresh ATH, 2025). If you check the calendar, halving is more than a month to its time now (April) but we're already experiencing a bull moment. Bitcoin is trading above $56k ATM. That's less than $14k of its current ATH. Who knows, we might get a new record before April the way price is shooting up.
309  Economy / Trading Discussion / Re: Is sharing insights the key to better trading? on: February 27, 2024, 10:09:15 AM
But of course, no single individual knows it all. I believe in the power of sharing ideas. Anyone who holds down what they know and refuses to share with others remains behind. It's a simple logic which those doing it may not know. When we share ideas we also learn from those we think we're teaching. It's cross fertilization of ideas. I belong to several communities and I know what insights we've been sharing and how they've impacted my trading. Like my people would say, when several persons pee at a spot at the same time it generates foam which when done individually won't be possible. Have a trading plan or strategies but review that of others to know where you stand.
310  Other / Meta / Re: Hey Theymos, There Should Be a Demotion Button on: February 26, 2024, 08:55:22 PM
OP, what you're advocating had been suggested before in certain quarters and comments but I'm afraid that isn't looking like what theymos will want to grant, bearing in mind that he brought the merit system to curtail things of similar nature.

OP, when I came to the forum, I read some comments that said, "The quality of a post is not determined by the rank of members here."
That's an apt response to what OP is advocating. It's the same thing when we expect that every elderly people is endowed with wisdom. No, it doesn't work that way. People get wiser by native intelligence bestowed on them or by drawing their knowledge from the experiences of others.
311  Economy / Trading Discussion / Re: How do you feel about high-profile traders making wrong calls ? on: February 26, 2024, 06:19:30 PM
I'll give you two examples: Garreth Soloway ( featured in Kitco a few times ) and Davinci ( early Bitcoin adopter )
They both shorted Bitcoin at 50K - 49K. And quite likely they're both getting liquidated soon.
To me it simply goes to show anyone can be wrong, and you shouldn't be certain of anything short term.
Bitcoin, the Pathfinder and crypto grandfather, zoomed passed $53k today. Those who took a short on it at $50k are in severe pain now, no doubt.

Anyway, concerning following anyone's calld blindly; the first thing anyone should realize is that those making the calls aren't supernatural beings. They're humans like us and are prone to mistakes and errors. At best, we all are speculators in this industry. There's no holy grail. No one knows it all. I don't like following anyone's calls but I can use their calls as a gauge for my trade by confirming if their calls align with what I see on my charts. If they say to short it but my charts say long it, I may not take the trade at all or take it based on my chart but with minimal risk. If they say short it and my chart says short it too, I will take the trade with ease and a slightly increased risk.
312  Economy / Trading Discussion / Re: Isn't trading almost like gambling? on: February 26, 2024, 05:35:50 PM
Step 1
You trade for $200 and loose it all.
Step 2
Next time you trade for $400 to recover it all.

Conclusion: You are a gambler and not trader confirmed.
Yes, that's true. It's called revenge trading. Those who do it are likened to gamblers. However, that's not how trading works. Trading is premeditated on exchange of one goods/currency for another unlike gambling. Those who liken it to gambling do so because it carries losses too as if there's any business venture that's free from losses. Traders shouldn't shy away from embracing it whenever it comes.
313  Alternate cryptocurrencies / Altcoin Discussion / Re: How do you use profits from the crypto market? on: February 26, 2024, 02:29:47 PM
I also have a lot of plans, but other than reinvesting in the market during the crypto winter to buy more tokens and get more profits in the next cycle, I think profits from the crypto market should bring positive values to my real life.
You guys are extremely lucky now that there are various stablecoins. In 2017, it wasn't so. It was either one bought and hedl Bitcoin even if it was obvious it was going to dump or one swapped it to altcoins if one didn't want to exchange it to fiat. Then it was between keeping it more in ETH or leaving it in Bitcoin. There wasn't a way to peg it or tether it so to say then. If anyone was able to achieve that then, you can correct me. If that was the situation now, many investors would be converting to fiat once there's a sign of bear.

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I know many people who enter the market and are very successful, they have huge profits but all they do is invest. They almost forget that they also need to spend and use the profits from the crypto market to make their lives better.
I feel you on that one but then it's their choice. If anyone isn't spending or lavishing on themselves from their profit, it means they want to invest more for their tomorrow. It's still a wise investment choice.

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I want to hear from you:
  • Have you ever been profitable and taken profits in the crypto market?
  • How did you use that profit? Do you use that profit or reinvest it?
  • Do you think using profits is also important for your investment journey?
Number one question – Yes, I've made certain profits from investing and trading cryptos; not once and not twice. I can't count.
Number two – I reinvested some and then spent some on material stuff too. There's the need for work and chop 😏
Number three – Yes, it's important but you've to take cognizance of the time you're taking out profit and spending it without reinvesting. For instance, I won't embark on any spending now that's not necessary. I'm postponing every unnecessary spending till after the bull rally. This is because I know $10 spent now can become $100/$200 or more during the rally.
314  Economy / Trading Discussion / Re: Can you make everybody to win in their crypto trading? on: February 26, 2024, 12:59:09 PM
~snipped~
Exactly. One is supposed to lose to give way for the other to win, and that is not only for trading but even in gambling as well. If all traders are going to lose or win, I think the motivation will not be as high like now.
Exactly! We struggle in life (real life issues) because we don't know what the future holds. If anyone knows that they will turn out well in future irrespective of what they do now, how do you think they will behave now? Of course, they will relax and not exert much energy doing anything. It's the same thing with trading. If everyone wins trades and no one loses, whose capital are the winners going to be liquidating? Again, it will make trading boring. The excitement of winning and the anxiety of losing that make trading what it's will be gone. Anything that easy becomes childish, so to say.
315  Other / Beginners & Help / Re: Microstrategy’s X account gets hacked, $400k stolen through phishing scam on: February 26, 2024, 10:29:39 AM
There is daily continue warning of just clicking links as a bitcoin or cryptocurrency investors but yet many people actually continue fall victim for something I will say as a result of gullibility or greed.
A few days ago, someone I mentored sent me a link to a Bitcoin airdrop site 😂. I couldn't control my laughter. Such a simplistic mindset of people and that's greed pushing them to believe that even when they've been told to avoid such sites promising Bitcoin giveaways when they're not faucets. Sites don't even airdrop established tokens let alone Bitcoin.

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2. ⁠Do not trust any information from social media even if it is from an influencer account or an official account, verify, verify and verify your information.
How do people not get to trust official accounts again of projects they're following? Again, how do you verify and verify your information once it's a project's official page? One can only become skeptical and scrutinize that much if one has heard of something fishy with such projects. Otherwise, authentic information of projects usually are announced  through their official accounts.

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3. ⁠If you are to engage on airdrops use a burner wallet at all cost.
Not just a burner wallet but several of them. It's a safe and cautious way to minimize risk.
316  Other / Beginners & Help / Re: The power of consistency, patience and perseverance . on: February 26, 2024, 09:19:09 AM
furthermore, don't feel that your opinions are not noticed ,they are actually noticed and recognized but just know that nothing good comes easy and don't be discouraged maybe because you have not been merited.
That's a word of wisdom. Most times I roam the forum and find great posts I should be meriting but lack merit for them, the posters won't know someone noticed them. Sometimes I don't comment after reading and other times I read and comment just like I'm doing now. Your post is worthy of merit but sadly, I don't have any merit to splash on it too.

Perseverance is a virtue in this industry of ours. Those reading this who may need someone to keep urging and encouraging them but haven't got any, my advice to them is never to allow themselves become downcast. Keep striving.
317  Other / Beginners & Help / Re: Start preparing for the next bear run. on: February 25, 2024, 07:40:29 PM
I have observed that the rate of posts on buying Bitcoin in this bull had increased greatly. I once read that people are always attracted to invest in Bitcoin when the price is going high. We see more people buying Bitcoin because of the fear of losing out.
Wait until you begin to see your local radio and TV stations that weren't reporting financial news start talking about Bitcoin, that's when you see the real rush. I've seen this before and I expect it to repeat itself this season. People like noise, it gets their attention. Once something becomes noise, know it has gone far. That's what happens during a bull rally. To profit in cryptos, buy before others become interested in it.

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From my little experience with the Bitcoin Investment system, the best time to buy the coin if you are targeting to make a profit in the bull run is during the bear run. The price is cheaper and you can make a good profit within the four-year circle. At this period you don't need to rush to buy because of FOMO but you can comfortably buy at your own pace using the DCA or other strategy that suits you.
The next bear season will expectedly be from 2026. It's hypothetical, anyway. It can even start before then, maybe around the last lap of 2025 but not in 2024. So, those who want to get in very early should prepare to start taking their shots in 2026/27.
318  Economy / Trading Discussion / Re: Can you make everybody to win in their crypto trading? on: February 25, 2024, 04:39:46 PM
~snipped~
If you have ever heard the phrase "even a barber can't cut himself" you will realize that a professional trader will never always win if they trade alone, they need a community or other group to exchange information about trading.
I like that barber expression but I beg to differ with it. I've seen several barbers who cut themselves. It's really not a big deal to them. However, I understand the second part with professional traders. I for one, I like the concept of a tree doesn't make a forest. Based on that, people of same trade should stick together to enhance themselves.

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Apart from that, the income of each trader will never be the same profit, even if you trade with 5 of your friends, you will make different losses, so don't ever hope that you can match the income of a professional trader, you will only push yourself to the limit canyon. Do trading with your own abilities, find your best strategy.
My advice on this is that no trader should see themselves as being in competition with anyone. Don't over leverage or lot size on your position in a bid to level up with anyone you know of their trading capital.
319  Other / Beginners & Help / Re: Interested to learning on: February 25, 2024, 02:16:11 PM
Hi everyone, hope you are all well. I am totally new here. I came to know about this bitcoin world from one of my friends and he inspired me to come to this forum. Then I am interested to know more details from him. He told me that if I join here, the experts here will teach me everything. Looking for advice from the experts, how can I build my future with this Bitcoin?
Your friend did you good by introducing this forum to you but you've to know and be conscious that your journey here and how far you go solely depends on you. To learn here, the first step is to become active and read other users posts. Veterans and experts may be posting here but if you don't read them, you hardly can learn from them. Many members have supplied you links to read to familiarize yourself with stuff on Bitcoin, I'm encouraging you to spend time on them. Besides, you can also search whatever questions bothering you if you can't find their threads as I believe almost every ground concerning Bitcoin has been covered here. More importantly, stay away from plagiarism. The forum frowns at it.
320  Bitcoin / Bitcoin Discussion / Re: Satoshi - Sirius emails 2009-2011 on: February 25, 2024, 02:04:05 AM
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I'm Trickstern from the anti-state.com forum, and I would like to help with Bitcoin, if there's something I can do.
At least, that should give us a perspective why most governments are playing the attack game on Bitcoin. Most of those who supported its creation never hid their displeasure with the state. Perhaps, even those who created it too.

Satoshi is full of wisdom, am still thinking how he manage to understand that they will look for him one day. He is truly the epitome of genius, he is so talented that, he no one could trace him.
He understood the nature of what he was getting into from the word go. Anyone who's into a venture that will liberate the people should know that the state won't be happy with them. Satoshi understood that and that's why he masked his/their identity from the very beginning and did all that could be done to remain untraceable.
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