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3121  Economy / Trading Discussion / Re: New trading platform - IXFI on: March 19, 2022, 12:44:50 PM
What you think?
I think that it's not enough to be asking if anyone had heard of that platform. You should go beyond that and ask if anyone had a first hand experience with that platform. That's the sure way for you to find out if it's a fake site or not; and if real, what's its customer services like too. Going forward, I think newbies should know that the fewer exchanges they stick to the better for them. Nobody gets an award or acknowledgement for the most accounts opened or owned. So, it doesn't make any sense to have so many accounts and your funds littered everywhere. For me, I prefer what I'm sure of to what is shrouded in risk no matter how tempting the offer is.
3122  Bitcoin / Bitcoin Discussion / Re: What Happens to One's Bitcoin if Death Occurs? on: March 19, 2022, 12:11:42 PM
Financial Analyst has advised the following:
Who are these analysts, please? It will be good to know them so we can research and find out their pedigree. We should be able to find out if it isn't just another fallacy of argumentum ad verecundiam.

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1) Let at least one trusted individual know your password.
Confiding your password to someone is like a man sharing his properties to his children while still alive. It's not a nice practice. Keep your properties in your will and let that be made known to the children at your demise. I've read stories of children misbehaving once they knew they're bequeathed certain properties while their parents are still alive. The attitude changes overnight, in most cases. It's the same way I see this password issue being confided in someone. The best would be to write it down somewhere that can lead someone else to it in case of the inevitability of death.
3123  Economy / Trading Discussion / Re: Do you ever JOMO? on: March 19, 2022, 11:17:38 AM
Oh, mine! I've JOMOed a lot if I looked at it now, both in trades and investments. It's a great feeling to have if one had once experienced it. I'm cocksure every active trader and investor would've encountered such moments where they were extremely happy they stayed off a trade or investment that later went sour. Nothing beats that happiness and chest beating with a knowing smile that one was sagacious enough to have listened to an inner voice.

i mean when you buy because for you it's the right time of course there's a joy and fear at the same time. Lol
If you experience fear after buying in, it's called doubt. Fear before buying in is quite understandable but fear after buying in isn't a good sign.
3124  Other / Beginners & Help / Re: What I have learned so Far on: March 18, 2022, 06:49:47 PM
1. Plagiarism:
Yes, the BTT community condemns plagiarism in all ramifications; and rightly so. Users are advised and encouraged to put source links to every article shared which they aren't the original author. I think it doesn't cost anything to do so.

For #2, you don't need a perfect grammar.
Why so? I think OP needs that "perfect grammar" more than anything else if my judgment is correct that he's a student of the English studies department. Those who are graduates of that course should be known for their correctness of grammar. We can't water that down and treat errors from those who've certification from that field with kids gloves.
3125  Economy / Economics / Re: Nowdays how to get wealthy secret on: March 18, 2022, 05:20:12 PM
Do what others dont do sell when they buy.
Buy when they sell.
That's Warren Buffet's advice to the business world but I don't know if he adheres to it himself. It's one thing to say something and another thing to adhere to it. I've tried it a few times. Sometimes, it worked. Other times it didn't and I lost big time. Come to think of it, there's no way at any point everyone will be caught doing the same thing. Even when you think you're the only one buying or selling, there are others doing the same thing. Anyway, that's by the way. However, in doing this we should be watchful that we aren't buying when project teams are dumping their projects.
3126  Bitcoin / Bitcoin Discussion / Re: Why Hoard Bitcoin? on: March 18, 2022, 04:14:34 PM
If Bitcoin is a better and higher currency than fiat, why then do bitcoiners hurdle it?
I think money is best used for buying and selling not hoarding, we get to see the value more when using it.
This my thoughts, wby?
First off, you should try proof reading your comment before posting so as to avoid preventable errors.

Now to your question; I believe people hodl (hoard, in your usage) Bitcoin because they believe it's an asset too in addition to being a means of payment. As an instrument that has proved over the years that it can appreciate, it makes it easy for people to key into it. To be honest with you, a lot of those who buy Bitcoin aren't buying it for its tech. They're actually buying it because of its ability to give them a nice ROI. That's why they "hoard" it
3127  Other / Beginners & Help / Re: Do you think DEX is safer? Here is why I don't on: March 18, 2022, 02:50:56 PM
1. Dex aren't safer than cex because with cex you only need to send out your token to the cex address, no connection to the platform which I still believe it's easier to lose your funds this way.
That's not true. I feel safer dealing on Dex than on Cex. Wait until you've KYC issue that wasn't there when you registered with a cex, then you will truly appreciate a platform that makes it easy for you to trade freely without the hassles of a KYC.

With DEX you can make a big mistake like buying a Copy of famous token! There Is Always a disclaimer that request clearly to check address before make a transaction.
This is why it's advisable to be sure of what project you're dealing with first by going through their telegram handle and feeling the pulse of other investors on the project. Ask admins for the contract address or search it out on the pinned message. It's always there. Cross-check that address with the one on the project list on CMC or Coingecko. Don't be too hasty to buy any asset without first confirming it. That way, you will be able to save yourself headache and unnecessary stress.
3128  Economy / Trading Discussion / Re: 1$ per day crypto investment plan any good ? on: March 17, 2022, 08:54:22 PM
$1 investment into Bitcoin or any other cryptocurrency? I am aware of a $1 investment daily in Bitcoin for 5 years which can earn you a profit of roughly $20,405. It has been already discussed here - https://bitcointalk.org/index.php?topic=5222895.0
Well, I did a mental sum of the $1 daily investment but it didn't amount to the figure you've out there. Except it was through compounding or some other plan.

OP, the $1 daily investment is just ¹/10 of your $10 daily earning. That isn't bad, and it's not a difficult thing to achieve. Besides, now isn't a bad time to invest in Bitcoin; looking at the crashed price ATM.
3129  Local / Politics and society (Naija) / Re: African Proverbs in Pidgin on: March 16, 2022, 09:07:13 PM
Owa Oyibo people, "Bring it on!" I hail all of una wey dey keep here warm and even those wey dey try maintain wetin owa ancestors dem talk sey na cooperation give rice get mind to boil full pot. Nor be so? Correct! Make una kontinue to dey send una ogbenge yarns enta here.
3130  Other / Off-topic / Re: Time And Process on: March 15, 2022, 07:32:08 PM
OP, there's a reason we've such an expression as "Time will tell." Whatever that's on earth is time bound. It may take a while to seem like it's not but at the end, time and season happen to them all. It cuts across all faucets of life.


A new account with vast knowledge of Bitcoin and cryptocurrency can have a thousand merits in two/three months. 
Even with that, such account won't still be legendary until "Time" happens to it as it will have to wait out its activity counts for that rank. It takes time to make activity counts every fortnight. So, you see that time is vital?
3131  Other / Beginners & Help / Re: E-naira and Crypto currency on: March 15, 2022, 12:08:13 PM
E-naira is the conversion of the Nigerian Currency to digital currency for online transactions.
E-naira is simply online banking to the best of my perspicacity. Nothing more to it. It could be that the Central Bank of Nigeria actually wanted to have a real digital currency that could compete favourably with Bitcoin or other crypto assets but couldn't get it right. It failed woefully on its face. Even most of those who initially downloaded the E-naira app from onset have uninstalled it now.

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1. Most youths used the currency to scam people.
That was the CBN metaphorically giving a dog a bad name in order to hang it. Don't promote and escalate that narrative for them. The crypto ban came off the Nigeria government's inability to stop the #endsars movement during the October 2020 nationwide protest as Godwin Emefiele (Governor of CBN) felt the protesters got funding through Bitcoin. It wasn't because people got scammed through Bitcoin activities. Please, get your facts right.
3132  Other / Beginners & Help / Re: In a world where trust fails on: March 15, 2022, 11:47:13 AM
Greed and the issue of trust is as old as age itself. It has been there from time immemorial. Bitcoin hasn't been able to change that and I don't think it can. A major defect to things going awry with the Bitcoin blockchain is that those who attempt to be greedy and hijack it will always end up with a Bitcoin fork. It's not that we don't have greedy folks on it. There have been several attempts anyway as history has blessed us with. Trust nobody for the sake of it when it comes to online transactions. Make them earn the trust. Even when they earn it, treat it with skepticism.
3133  Other / Beginners & Help / Re: What happened to my motivation on: March 15, 2022, 11:28:41 AM
Come the illness, went my job and its really sad how a company you work for treat your absence despite your predicament.
Sorry to read about that. I guess you worked for a sole proprietorship/one-man kind of business arrangement. That's what you get in such. They don't hesitate to lay you off once you stop being productive for them, whether fit or sick.

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Its not like I never knew this but, hadn't experienced it and its such a sad reality that is better heard than felt. Until you experience it, you never know how it truly feels to be your own person on every end.
This is why I advise people to always create more time for those around them than they will create for their jobs. One day, that job that always takes us away from our loved ones and makes us give excuses that we're busy and occupied will not be there to take care of us when we fall sick. Our loved ones will be there.

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Anyway, I'llness and lost job did put out most of my finance and then came some bad investments in a bid to recover what have been lost. Tried some harsh trading skills and it downed on me in ways I never imagined.
Wrong move. The market doesn't like it when traders/investors attempt to take revenge. Instead, take your time to relax and stage a gradual come back. Don't plunge into the market for the sake of recovering your losses; you will lose more.
3134  Economy / Reputation / Re: [Discussion] Bitcointalk Community Awards 🏆 on: March 15, 2022, 07:43:47 AM
I advise that one of the changes to specify that all the users voting on any post will be automatically disqualified (in case they will be nominated by someone). In this way, we can avoid all the drama (and / or abuses?) that took course on this contest and, if I remember well, on the previous one as well.
Is it like saying someone standing in for an election shouldn't vote? I really don't understand that point of yours. Nonetheless, I'm suggesting that every comment on the voting thread shouldn't be merited once the thread is opened going forward. No merit should be sent at all, whether to nomination posts or to comments suggested during the voting process. I believe meriting posts tilts the votes. I'm not sure I merited any post that nominated me.

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Another suggestion that I am making is to take the contest to Ivory Tower board, thus ensuring that no members with ranks below Full Member are able to interfere. This way we will avoid a good amount of spam. Indeed, this would mean that members with ranks of Newbies, Jr. Member and Member will not be able to vote
That will be another good way to look at it because those within the ranks mentioned may not have been long in the forum to truly understand its activities and to be familiar with some of the usernames to the point of  knowing what categories to nominate them for.
3135  Economy / Trading Discussion / Re: Target Price Methodology on: March 15, 2022, 06:43:05 AM
Intuitively, I agree with this approach as it fits with my own strategy.
It's best to stick to what works for you. Don't conform to the speculation of the crowd to place any form of authenticity on your action. That will be seeking unnecessary validation from the crowd. Most times, the crowd is wrong.

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But I wonder, can someone advise on what exactly the target price assumption should be based on?
Trading, at best, is based on speculation. A lot of traders  look at certain levels which are merely psychological to trigger or exit trades. It works most times because if everyone is looking at the same thing at the  same time, naturally they will react same way at the same time. These levels are often the round up numbers most times like $35,000, $40,000, $$45,000, etc. We even saw it yesterday when price got to $39,940+ and reverted. Since it's declining now, it's likely that more traders and investors will wait at the $35,000 region to trigger a buy. All that is psychology and away from TA. However, if any of those levels falls within a support or resistance level it should not be ignored.
3136  Other / Meta / Re: Let's change the perspective and stop plagiarism. on: March 14, 2022, 04:43:52 PM
Again, I think it is mostly on users who chase with merits on the reason on why they plagiarize.
Well, I don't see how putting a source link to an article one copied from will debar it from getting merited if it's good and those who read it have merits to share. For me, it doesn't make any difference. If I find any post or comment interesting and I've merit to spare, I don't hesitate to do so, whether copied or original. I believe it is so for many others too. There's no absoluteness or perfection in any situation. If there's, we wouldn't be having projects fork or contract swap and migration as a way of improving on what is on ground. There's always room for improvement. If there's anyone outrightly copying others' articles and not crediting them because they feel doing so belittles them, they should scale pass that low mentality fence now.
3137  Other / Meta / Re: Image Error on: March 14, 2022, 03:38:54 PM
Thanks a lot, using the BBCodes worked!
In that case, since the issue you opened the thread for has been confirmed resolved, you should lock the thread to avoid spamming. Thanks.
3138  Economy / Economics / Re: The economy is important for a family! on: March 14, 2022, 01:44:46 PM
I am married and have 1 daughter.
Congrats! I hope you will accept Bitcoin as her bride price 🤔

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As a parent I want to give my best.
Parents always want the best for their children, except those who are deranged or something. However, what you think it's best for the kids may not be what they also consider as best. Except you bequeath your children what is universal – Education, when time and phases retire from the present scene they might think you didn't do anything meaningful for them. Beyond exposing them to an inheritance of cryptocurrency (since we think that's what the world should be all about now. But what happens in future may be different, don't you think so?), giving them qualitative education should be a priority. Again, let me reiterate, your choice of what's best for someone may not be what they think is.
3139  Other / Meta / Re: Let's change the perspective and stop plagiarism. on: March 14, 2022, 01:22:45 PM
So why delay, let's get started:
Keep copying until you succeed, until people see you the way you want them to.
But, you have to remember, you can see the big ones from here. They too, like you, have come to the present state by standing up and falling down again and again in the face of that position of yours. They have imitated just like you.
That's a horrible way to look at things. The issue isn't to not imitate at all. In this case, it isn't imitation but complete lifting. You've to credit the source of your imitation, so to speak. If you leave out the link to the source it means you're passing it off as yours. It's property theft when that happens. The forum is clear on that as plagiarism. However, when you imitate a work and internalize the concept and then create something out from that idea, it can safely pass off as yours. Henry Ford created his automobiles from the idea of getting a faster horse. It's an imitation of a concept. It's the same way aeroplanes were created from birds. No issues. But when you copy someone else's work, endeavour to put them in the credit. It's a simple way of showing gratitude.
3140  Economy / Trading Discussion / Re: Why Does This Always happen? on: March 14, 2022, 09:22:47 AM
Seems like hodl is always the best option, if you take the chart lessons Wink But don't take them as they're not true. If everyone hodls, then nobody uses then Bitcoin has no utility.
That's my perspective too whenever I read or hear people scream hodl, hodl. It's not a bad idea to hodl, sincerely. Don't just criminalize it so to say, when people don't hodl. We all can't be hodlers the same way we can't all be selling or buying at the same time. There is always a balance.  We're in a heterogeneous world and opinions should differ. No one should see others who differ from them as abnormal or unintelligent. To be frank, what gives Bitcoin its value is the activities of buyers and sellers; not that of hodlers. Value of any commodity or assets or services aren't know until the owner/hodler decides to sell.
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