OP couldn't have broken any terms and conditions, otherwise they wouldn't have allowed him withdraw. In glee they would've quoted what he violated. I think what happened with OP was what you described in the gambling instance you gave. That also goes on on most Forex trading platforms with brokers trading against traders and making sure they lose if they aren't very skillful at trading. Rather than allow traders interact or trade directly in the larger market these crook brokers will trade against traders and make sure they lose. Sadly, (happily though) OP was lucky and had an upper hand and didn't lose to the platform/broker.

I'm laughing my head off here, literally. They asked you to go because you were "bad market" to them so to say. They wanted losers they could trade against (in house trading) and not winners who could wreck them. Anyway, they did you a favour to be honest by allowing you still withdraw. Others would've withheld your winning and cited cases of breaking a rule or two against you. I know of a dude who traded forex pairs and made a lot of cash but when he wanted to withdraw $100,000 the broker played him. It became an exchange of emails that left the trader in frustration. He would write them and they would ask him to exercise patience. The whole thing stretched into weeks. It was an incident that happened in 2017 or so. Nonetheless, when next you've a case against any Forex brokerage you should report the matter to Forex Peace Army

But of course, that's highly possible. I hear of newbie traders who rush to margin trading, and some of them even do it with high leverage. Why won't they lose. They hear of what profit other traders (experienced ones) make from margin trading and think it's that easy. They rush in and are expectedly scourged. For such traders I don't have any sympathy. They allowed their vaulting ambition of trying to hit it big overpower them. Trading isn't a get rich quick thing. It takes time and patience to nurture success in trading. I don't even have to overemphasize that.

That's the right attitude when one begins to incur losses in trades. Take a break and reflect on your trading plans instead of stubbornly trying to take revenge on the market. The market will always remain the master and will easily beat anyone at it any given time. As traders, we should always learn to listen to the market.

There's no gainsaying that the numerous indicators on platforms exist for the reason that each of them is used by one trader or the other. There are done I would find utterly useless but I also see certain traders mention them as useful. I guess it's the "one man's meat is another's poison" type of thing. Having so much indicators on platforms often complicates trading. The logic is to keep it simple. I like to use and depend heavily on line indicators of Support & Resistance, Pivots and Trendlines and then mix with rsi and MA for crosses. Keep it simple. Trading shouldn't be complicated.

The OP has every right to preempt the actions of the person he was in interaction with. As humans, we all should've that feeler which alerts us that something could be wrong. It's called instinct. However, we should also take into cognizance that instinct shouldn't be taken as an absolute without basics which should encompass giving someone the benefit of the doubt. There's a reason the expression, "Don't judge a book by its cover" exists.

So, the person you suspected wanted to scam you eventually sent you $300 worth of ETH and you withheld it without sending any Bitcoin? You should've sent them Bitcoin that was equivalent of what they sent you. And if he was more interested both of you would've continued on that arrangement until the needed $2000 they wanted was met. Not sending them anything back isn't what you should be proud of.

From your story OP, you seem the scammer here. Don't count yourself smart.

He will fail woefully? Really? Come on, what are your parameters for measuring that, anyway? BTW, how do you justify your statement that someone hodling a HUGE amount of Bitcoin yet you still say he isn't a true lover? We may decide not to like how Elon does his things but we can't take away his involvement in cryptos whether with Dogecoin, Shib or Bitcoin.

You know all that and you still think he will fail woefully?

There's always a price tag and every man has their price.

Perhaps, his interest isn't in football. Again, Manchester United is taking serious beating at the moment and may not attract heavy and critical investors. Clearly, you also have to realize that not every money bag is a Roman Abramovich.

I sympathize with you on your loss. We all learn but sometimes some lessons are that harsh they throw us off balance. There isn't any investor or trader here who will beat their chests and say they've had a 100% win rate. None! Except they're hodling, and hodling just Bitcoin. So, take that as a lesson learnt and move on.

I don't think Doge is as useless as you want it to sound. It might've started as a memecoin but it has utility. If you've made any transaction with dogecoin you would surely fall in love with its speed and ease of transaction time. It confirms easily, far ahead of what Bitcoin does. Those who use it know this.

Nope, I don't think your advice should be adhered to. I'm sure you would've advised early Bitcoin adopters to dump at the slightest dip if you were here a decade ago. You don't allow momentary dump in the market rule your emotions. Always look out for the long term. Tronpad (one of Bluezilla's launchpads) was my first launchpad and I was on that until lately that it moved over to Polypad. Both Tronpad and KCCP could be swapped to Polypad. All the IDOs I participated in on Tronpad were instant hits and I made great ROI on first distribution that covered my invested capitals with extras at different times. It was this ROI that moved me to go investing in other launchpad which haven't been anything successful at the moment. Generally, the entire market is down; even Bitcoin. So, I will advise you (or anyone) to DCA on Polypad as it's now and average out instead of sobbing.

OP, maybe you should also add "staking" as a way of crypto earning too. Many people don't even know that a good staking platform and crypto will keep giving the staker great passive income, pending when the farm closes. This is a good way to earn when you aren't trading. Instead of keeping your coins idle in your wallet, it's better to stake them; honestly. Some of these cryptos even make you earn in different tokens while some pay in their own token. In all, staking is a plus eventhough some people may disagree with my position on it.

Even with banks, the safety of one's funds to a greater extent depends on one as the account holder. This is the simple reason banks tend to lay the blame on distressed customers who complain of illicit transactions on their accounts. Banks tend to blame these customers first before anything else. The first questions are often around how did the account holder handle their ATM cards and apps. They want to know first if it was compromised on the part of the account holder before digging deep. It shows that the safety of any account is with the holder. It's the same thing I see with cryptos. It doesn't really matter if the wallets and apps are the safest in the world. Once the holder isn't security conscious and takes steps to safeguard their account, and it gets into a wrong hand it's all gone. So, security of wallets is self dependent.

Provided Bitcoin continues to be paired with stable coins to ascertain its monetary value, there will always be a bank somewhere for it. Frankly speaking, as I've continued to maintain that Bitcoin must live alongside fiat to survive and the banks should also be there too. Come to think of it, there are countries with serious electricity and internet issues. So, how will those countries embrace Bitcoin in totality and completely jettison fiat as we know that Bitcoin is virtually dead without the internet.

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You merely described an exchange of Bitcoin for another coin. What OP asked was the viability of spending Bitcoin as with the way we spend fiat/paper currency without recourse to the bank.

You're right. Rikafip has been highly sensitive and concerned towards our plea to having a local board.

You missed the post igehhh referred to as outdated. It was the first one you quoted in your comment, and that's true. It's not about wrong spelling of usernames. It's the basic information it contained. That post was done in February 2021 by Lordhermes. Many things have changed with our members since then as many have even stepped up in ranks too.

Drink more of the yellow garri and you definitely I'll be fine 🧐. I shouldn't be giving that advice for free but then what are comrades for.

A President that was busy introducing the vice president as Osinbade at campaign grounds abi? Let me just free him for you, anyway. Well, it's good engineers can fix problems. Invariably, the world doesn't have one then because there's a whole lot of chaos globally right now and no one seems to have the capacity to fix them 🤪

Madt oh! 😆😆. This wan na serious reggae oh.

Omo! See dis guy sha. You don make yourself old man ovanite 🤪. Nice one. Na real gbege go be dat for the shitter na.

Na true my brother. That crap noise when persin dey crack am nor be here sha.

I welcome you to the forum, my man. Wellu come, wey 🍞.

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All of una dey try wella. Na una be di joy of dis thread, I nor go lie una. Na una dey make am stew. Abeg, make una sha dey cap the proverbs in bold so dat e go dey easy for anyone to see. Una doh!

You dey mind am, if I bend im neck he will know himself. He wants to demote me like Buhari did – APC! From top to bottom, from top to bottom – at the campaign ground a few years ago 😆. On a serious note, I think there are other users too who weren't placed in appropriate columns like Gozie51, Oshosondy, just to mention but two. They're Hero Members now. Initially I thought it was because he quoted from past data. I guess Engineer knows what happened there. All the same, Aluta continua...

Those who will feel that way definitely will be the noobs in cryptos. Otherwise every average person in cryptos knows that the bear season is an embodiment that makes the general crypto industry complete. For some investors, that's even the period they feel so much excitement as it affords new investors an opportunity to come into the market while allowing old ones a moment to double or triple their investment by DCA technique.

It's not only a crypto thing. Generally, in life no condition is permanent.

The issue of using Stop Loss or not using it is as old as the arguments on it from proponents of it as well as opponents of it as usual. I've contributed to this same topic here (I don't know if it's by the same user or not) either early this year or in 2021 and I shared my thought on it. To put it down to a point, I think that debate has been over laboured. Anyway, to restate it; by my assessment as one who trades, Stop Loss is necessary. It's part of the MM – Money Management, mechanism to help cushion the effect of account liquidation. I quite understand what OP's worry is and it's called hunting of Stop Loss by some perceived brokers, exchanges or platforms. The reason that happens is because most traders like to place their SL around psychological levels. It's best one places SL a bit far from these levels and that will be fine. Don't keep SL close or tight to those levels.

You're right. The 2–3 weeks thing was also a similar situation with Roobet campaign when it debuted in 2020. Although it didn't paused at the time, anyway. Roobet has been on for two years plus now. It's likely Jambler will come back sooner than you guys even expect it. 👇

You need to experience what a rugpull is to truly understand its use. What could've happened at the time won't be far from price correction, nothing more. Perhaps when Microstrategy bought, certain whales felt it could be an appropriate time to dump in order to cause panic in the market. They often do this to create an atmosphere of panic sale and thereafter buy back cheap from weak hands. We see that pattern often. Yet investors still fall for it. How would they crash the market immediately after investing. It's not logical. Contrary to what OP thinks, it's far from rugpull. It's correction.

Even in what looks like bumping this thread, it's not so much as that though as the issue that birthed this thread is still topical. On behalf of all industrious and actively involved Nigerians on this forum, I once again crave the indulgence of theymos as the CinC of bitcointalk to kindly consider our noble plea for a local board. The merits and gains of assigning one to the Nigeria community will undoubtedly astound members of this forum. Nigerians are a vibrant set of humans on the face of planet earth and will put that gesture to good use.